Author: News Desk
The Birla Institute of Technology and Science (BITS), Pilani announced that it will permit students and professors to take up to a year off to launch their own businesses. This announcement appears to be an optimistic step toward promoting entrepreneurship in India. The Indian Institutes of Technology (IITs), which continue to control the nation’s startup and unicorn ecosystems, are being challenged by BITS with this effort. One of the 23 IITs in India produced at least one founder of over 73 of the country’s more than 100 unicorn companies, according to a previous Moneycontrol investigation. In the meantime, data from…
Reliance Retail to enter the salon businessIt is in talks with Chennai-based Naturals Salon & SpaReliance wants to enter into a joint venture with Groom India Salons & SpaGroom India Salons & Spa is the parent company of Naturals SalonReliance Retail wants to acquire about 49 per cent stake in Naturals SalonNaturals Salon & Spa has around 700 outlets in IndiaReliance wants to grow it four to five timesReliance Retail is yet to confirm itNaturals Salon competes with Lakme and other regional brands
Hospital patient care systems are becoming more effective thanks to the startup Evelabs, which is launching a number of technologies. Evelabs uses IoT-based technology to operate. With the use of technology, Evelabs’ Dripo Smart Infusion Monitor lessens the workload of nurses, doctors, and other medical employees. The wireless infusion monitor is called Dripo. This wireless infusion monitor tracks changes in drip rate and alerts physicians and nurses in real time. The business also manufactures Morse,a nurse calling system. The Founding Team Sanjai, Sruthy, and Vishnu founded the company. CEO and co-founder of Evelabs, Vishnu. Following their engineering graduation and master’s…
The North East Entrepreneurship Development Program (NEEDP) is organising the North East Entrepreneurship Challenge to uplift entrepreneurs across eight North East India states. The hunt would select 270 entrepreneurs representing each state and support them to commercialise their businesses. They would get grants worth Rs 7.5 crore. NEEDP is a project of the North Eastern Council (NEC) in association with IIM Calcutta Innovation Park aimed at forming an inclusive entrepreneurial ecosystem in the NorthEast region. As part of the challenge, support would be available for both the ‘pre-incubation group’ and the ‘incubation group.’ In the incubation category, a commercialisation grant…
Rafael Nadal and his wife Maria Francisca launch their perfume collectionThe Spanish tennis star’s collection is called ‘In All Intimacy’It is their first perfume collectionThe couple has collaborated with Henry Jacques to launch the collectionFragrance makes me feel clean and fresh, Nadal said onceThe collection is currently available for purchase
Celebrated cricketer Virat Kohli has turned 34 today Over the years, Kohli has become a brand nameHe represents several brands across different areasPuma, Myntra, Wrogn, Manyavar, MRF, Philips, Too Yumm, Uber, MPL, and Vicks are a fewHe makes Rs 1.5 cr per day from his endorsementsHe receives Rs 10 cr from endorsing Myntra with his wife Anushka SharmaMobile Premier League (MPL), where Kohli is also an investor, gives him Rs 12 crMRF pays Kohli Rs 12.5 cr per year for sticking its logo on his batIn 2015, Kohli signed a Rs 5 cr deal with AudiPuma pays him Rs 100…
The scheme that provides cash compensation will begin in 2023 It will be for a period of three monthsEmployees can claim it in the event of job loss beyond their controlThe insurance scheme is divided into two categoriesThe first is for those with a basic salary of AED16,000 and lessThe second category is for those with a basic salary exceeding AED 16,000Employees working on a commission basis can also avail of the schemeThe value of the insurance policy is subject to Value-added tax (VAT)The monthly compensation for the first category will be within AED 10,000For the second category, it will…
Looks like, Twitter is going through transformation post its acquisition by billionaire Elon Musk and its users are not content with the self-anointed CEO’s revisions. His decision to charge $8 for the blue tick, a verification mark on the platform, has created a global uproar. “Twitter’s current lords & peasants system for who has or does not have a blue checkmark is bullshit. Power to people! Blue for $8/month,” Musk tweeted a day ago, instigating rage among Twitterati. According to him, Twitter Blue subscribers will get a range of benefits such as priority in replies, mentions and searches, the ability to post long videos and audio, reduced ads, and…
What if it is possible to sense earthquakes before them hitting land? It would give people a little time to run out of their houses or take shelter. The app MyShake, developed by a team of researchers at the University of Berkeley, does exactly that. It warns people about upcoming tremors. Recently, it alerted Californians about the South Bay earthquake. Those who had the Android platform MyShake received the alerts. The notifications came two seconds before people felt the earthquake. Alphabet CEO Sundar Pichai and Google’s Dieter Bohn were among the recipients. How does MyShake predict earthquakes? It does predictions using traditional seismic networks and an artificial neural system. The system sends alerts to users. The…
In the 2020–21 Performing Grade Index (PGI), which evaluates district-level schooling, Kerala, Maharashtra, and Punjab came out on top with identical scores of 928 out of 1000. These states are on the L-II level, which also includes Chandigarh, and newcomers Gujarat, Rajasthan, and Andhra Pradesh. Achieving the highest level of L-I hasn’t been accomplished by any state yet. The Indian school education system will be evaluated using a revolutionary index called PGI 2020-21, which was unveiled by the education ministry on Thursday. Chandigarh received a score of 927, followed by Gujarat, Rajasthan (each with 903), and Andhra Pradesh (with a…