Author: News Desk

iAngels is a network of active angel investors from various professional and industrial backgrounds who are eager to invest in early-stage, high-potential firms. In 2022, it had funded almost 15 crore in 31 businesses. The startups came from a variety of industries, including health tech and agri-tech. It also onboarded five key partners in the last year, which aided in the growth of iAngels. According to Mona Singh, co-founder of India Accelerator, a significant value proposition for this network is that it’s not simply a match-making exercise since it’s supported by the well-known India Accelerator, and there’s a lot more…

Burj Khalifa Developer enters the Kashmir Infrastructure Market with the ‘Mall of Srinigar’ project In Kashmir, the magnificent bloom of colourful tulips heralds spring, the season of change. But, the changes this year transcend beyond the seasons. After decades of suffering under the plague of terrorism, Jammu and Kashmir is about to see a significant increase in infrastructure spending. A massive project led by Dubai-based Emaar Group was recently revealed. Lieutenant Governor of Jammu and Kashmir Manoj Sinha performed the project’s ‘bhumi pujan’ on Sunday. The ‘Mall of Srinagar’ infra project would see the Dubai-based business enter the Valley. According to…

Tamil Nadu announces Ethanol Blending Policy for 2023 The Tamil Nadu government presented ‘TN Ethanol Blending Policy 2023’ on Saturday, with the goal of increasing farmer income, revitalizing the sugar sector, and attracting investments worth Rs 5000 crore in molasses/grain-based Ethanol manufacturing capacity. The aim of the policy term is “to achieve self-sufficiency and meet the expected ethanol blending requirement of 130 crore litres.” The objective of the policy, unveiled at the Secretariat by Chief Minister M K Stalin, is to promote Tamil Nadu as a green economy and investment centre for alternative, cost-effective, green fuel.” Under the EBP programme, the policy seeks…

The new Verna launched in India on March 21 Today marks the official unveiling of the much-anticipated Hyundai Verna 2023 in India. This would be the midsize sedan’s sixth generation, and it is intended to carry on the great tradition that this brand has developed over the years. The vehicle will compete with the Honda City 2023, Skoda Slavia, Volkswagen Virtus, and Maruti Suzuki Ciaz. It features a distinctive design, numerous functions, and strong specs and is very spacious. On March 21, the new Verna will be released in India. To say the least, the 2023 Verna boasts a striking design. It has a completely redesigned front, back, and sides. The alloy wheels…

A touching video released by Railway Minister Ashwini Vaishnaw proves that a passenger may carry their beloved dog on a train in complete comfort and safety. The tweet depicts a lady travelling in First Class with her favourite dog. The video, which went viral on social media, shows a woman and her pet dog happily napping on a berth. Both the woman and the dog are shown enjoying the classic luxury of a train trip in the quick video. The Minister remarked, retweeting a passenger’s initial post, “Indian Railways at your service 24/7.” After the message, social media users expressed surprise that dogs could travel large distances by rail. People can travel with their pets on Indian Railways. According…

In the wake of Credit Suisse and US Bank collapses, European banks prepare for a possible hit. Concerns about a contagion spreading to the entire European banking industry have been expressed in light of the recent crisis in confidence in Credit Suisse and the bankruptcy of two US banks. According to a Reuters article, at least two significant regional banks are allegedly considering contagion scenarios and watching for stronger support cues from the Federal Reserve and the European Central Bank (ECB). These banks have held internal discussions on when the ECB should intervene to highlight banks’ resilience, particularly their capital…

Coca-Cola reduces the price of 200 ml bottles by Rs 5 as Campa Cola returns Mukesh Ambani, Reliance Industries’ chairman and Asia’s richest man, is constantly growing his firm. He inked an agreement to enter the cola business last year and made a bold debut soon after Holi by announcing the introduction of three varieties of Campa Cola, Reliance’s most recognised brand of the 1970s. Following this, a price war sprang out in the Cola market, and other firms began lowering the cost of their products. Campa Cola : Looking Back Reliance Consumer Products purchased Campa Cola from Pure Drink Group in…

Girish Mathrubootham, the founder of Freshworks, builds Rs 100-crore football academy Following an idea that came to him in 2016, Founder and CEO of software development business Freshworks, Girish Mathrubootham has spent roughly Rs 100 crore in FC Madras, a football academy he founded in 2018. The funds committed through the FC Madras Charitable Trust also include contributions of less than Rs 1 crore from some of Mathrubootham’s acquaintances. These contributions were used to construct a football facility in Mahabalipuram, around 60 kilometres from Chennai. “We have also established five OKRs (objectives and key outcomes) for this academy.” “Mathrubootham said.…

Foxconn, a Taiwanese contract manufacturer, has received an order to manufacture Apple Inc’s AirPods and intends to construct a plant in India to create the wireless headphones, according to two people with direct knowledge of the situation. Foxconn, the world’s largest contract electronics manufacturer and assembler of around 70% of all iPhones, will become an AirPod supplier for the first time, highlighting the company’s ambitions to diversify production away from China. AirPods are now manufactured by a number of Chinese companies. Foxconn will invest more than $200 million in the new India AirPod facility in the southern Indian state of Telangana, according to a source. The value of…

Indian Oil Corporation Limited In an effort to reduce and recycle e-waste, BPCL, a Maharatna and Fortune Global 500 company, today announced the introduction of a new project called Sound Management of Waste Disposal (SMWD). A directive on managing e-waste has been distributed by the corporation to all employees to ensure efficient management, including prompt disposal in accordance with legal requirements. By 2025, BPCL hopes to achieve Zero waste to landfill accreditation at all of its active refineries and marketing facilities. Due to its inherent danger, improper garbage disposal is one of the most pressing problems in the world today,…