Author: News Desk

PMV Electric announces its first flagship smart microcar, EaS-EIt will officially debut on November 16, 2022This would mark Mumbai-based PMV Electric’s entry into the EV industryThis new pint-sized battery-powered vehicle falls under the Personal Mobility Vehicle categoryThe prototype of the electric car model is readyThe smart car will be available in three variantsOn a full charge, their range would vary from 120 km to 200 kmThe micro electric car can be fully charged in under four hours with its 3kW AC chargerOther features include a digital infotainment system, a USB charging port, remote park assist.. etcThe retail car would be…

E-commerce giant Amazon is planning to layoff about 10,000 people in one week. Corporate and technology jobs would suffer. Cuts will occur in the devices unit, retail division and human resources. Amazon has not confirmed the news ye.t As of Dec 31, 2021, Amazon had about 1,608,000 full-time and part-time employees. US companies have been making deep cuts to brace for the economic downturn. Last week, Meta said it would cut more than 11,000 jobs.

Days after the Mark Zuckerberg-led business announced significant layoffs, the heads of WhatsApp India, Abhijit Bose, and Meta India’s public policy department, Rajiv Aggarwal, both resigned from their respective posts. Shivnath Thukral, who is currently WhatsApp India’s head of public policy, has since been named the director of public policy for all Meta-owned social media sites in India, including Facebook, WhatsApp, and Instagram. The news comes just a few days after Ajit Mohan, the previous CEO of Meta India, left the firm to work for rival Snap, the parent company of social media giant Snapchat. The change occurs at a…

Keka is a leading HR tech firm from Hyderabad. Lately, Keka has achieved India’s largest Series A SaaS funding from WestBridge Capital. The funding was worth $57 million. Started in 2015 as a bootstrapped company, Keka went on to become the leader in the SME segment. Keka came under the limelight by launching an innovative product that meets the practical requirements of the HR industry. It reached the 100-customer milestone in 2017. The sales grew exponentially in the coming years. By 2021, Keka crossed the customer mark of 5,500 companies. Vijay Yalamanchili, CEO of Keka, has said that they found the right investing partner in WestBridge Capital. WestBridge Capital wants to support Keka’s vision to build the best mid-market-focused global HR processes. Keka caters to SMEs with 20-5,000…

In order to connect engineering students with the industry, APJ Abdul Kalam Technological University (KTU) and the automaker Nissan Digital on Saturday inaugurated the “Campus Connect” programme. The event was launched by Taga Masayuki, consul general of Japan, at the Nissan Digital India office in Technopark.Nissan Digital and the KTU exchanged an expression of interest at the gathering. The initiative includes creating academic curricula to help students develop their technical skills, placing select students in appropriate positions at Nissan Digital, encouraging B.Tech. and M.Tech. students to complete internships and projects there, creating and implementing industry elective courses with universities for…

Billionaire Jeff Bezos, the creator of Amazon, said in an interview that philanthropy is “hard labour” and that he plans to donate most of his $124 billion wealth to organisations that combat climate change. Bezos stated that he and his partner Lauren Sánchez, a former journalist who is now a philanthropist, were “developing the capacity to be able to give away this money.” He did not, however, say how much money he would donate or to which charities, according to Daily Mail. He did state that he wants to back individuals who “can unite humanity and mend profound social and…

The Qatar FIFA World Cup is here. As Qatar is preparing to host football fans from across the globe, chicken farmers from Namakkal, Tamil Nadu, have played a small part in it by shipping five crore eggs for the preparation of meals. Of the five crores, two crore eggs were sent in the last two years alone. The egg delivery will go on till January 2023. This is a relief for chicken farmers who were struggling for a while as the shelf-life of chicken eggs was reduced from six to three months. This, coupled with reports of bird flu in…

The Portugal National team now has Amul as its new regional sponsor.An agreement for regional sponsorship between the Portuguese Football Federation and AMUL was reached and will last through the end of 2023. As a result, Amul became the Portuguese Football Federation’s first Indian regional sponsor. Now, Amul exclusive goods bearing the likeness of Portugal’s national team players will be available to Indian dairy product customers and enthusiasts. This alliance represents the development and global reach of the Portugal Football Federation as well as the significance and respect of Amul, a venerable company. Amul will therefore serve as the Portuguese…

Musk considers making low-cost Tesla for markets like India and IndonesiaHe said this in a virtual address to a business forum meeting during the ongoing G-20 summit in IndonesiaFor a long time, Musk has been at odds with India over Tesla’s entry into the Indian marketIndia wants him to set up a local factoryHowever, Musk is not quite keen on the ideaInstead, he wants India to reduce its high import taxes on electric vehiclesIndia currently imposes a 100 per cent duty on fully imported cars with a Cost, Insurance, and Freight (CIF) value of over $40,000Government is apprehensive about slashing…

Swadesh Darshan special tourist trains run by Indian Railway Catering And Tourism Corporation Limited (IRCTC) will operate services to pilgrimage centres from Kerala. During the ‘Mandalam’ season, these trains will conduct services to Kashi, Ayodya, Allahabad, and other pilgrim spots. On December 10, the train will begin its journey from Kochuveli railway station and return on December 20. Tourists can visit various religious centres and monuments in Odisha, Bihar, and Uttar Pradesh. Travellers can visit Konark Sun Temple, Puri Jagannath Temple, Vishnupada Temple in Gaya, Kashi Vishwanath Temple in Varanasi, temples in Ayodhya, and Triveni Sangam in Prayagraj (Allahabad). The…