Author: News Desk
Ras Al Khaimah Economic Zone to host Business Exchange Programme in Kochi Kochi: Aimed at facilitating entrepreneurs from Kerala to explore business opportunities in Ras Al Khaimah, the United Arab Emirates, Ras Al Khaimah Economic Zone (RAKEZ) is organising a business exchange programme in Kochi, Kerala on October 27 and 28. The event, being hosted in association with the Kerala Startup Mission, various industrial organisations and Channeliam.com, will take place at the Kerala Startup Mission’s Integrated Complex in Kalammasery. A delegation of company set-up experts from RAKEZ will interact with around 100 founders, entrepreneurs and business owners from select sectors…
The world’s tallest hotel in Dubai to complete construction in 2023. Ciel, located in Dubai Marina, will overtake Gevora Hotel. Gevora Hotel, located in Sheikh Zayed Road, is 356 meters high. Ciel Tower is 365 meters high. Ciel is designed by London-based architect NORR. It will have more than 1,000 rooms. The 81st floor will have a glass observation deck. Signature rooftop Sky Terrace and infinity Pool are other attractions. Ciel Tower also offers hotel rooms for sale. Thus, it will be Dubai Marina’s one of pricier investments.
At the Shell Eco-Marathon (SEM) 2022 International Energy Efficiency Competition, an electric car created by engineering students at Government Engineering College Barton Hill in Thiruvananthapuram, Kerala, won an award and received an honourable mention. The Pertamina Mandalika circuit in Indonesia recently hosted it. Under the guidance of Acsia Technologies, Pravega, a group of 19 college students studying mechanical engineering, created the electric vehicle known as “Vandy,” which won the competition against many other entries from around the world. An official release claims that on the occasion, “Vandy” received an Honorable Mention for the International Award for Technical Innovation and the…
The largest artillery manufacturing plant in the world, with a daily production capacity of one cannon, is being built in India by the Pune-based Kalyani Group. The Kalyani Group Chairman, Baba Kalyani, confirmed the news during DefExpo22 in Gandhinagar, stating that the company has already made the necessary financial expenditure and is now aiming to increase the volume. He asserted that Kalyani Group has the technology to create lighter firearms with the same amount of firepower as large firearms, and that such firearms are in high demand worldwide.While this was going on, General Atomics, US, a world leader in the…
Union Agriculture Minister Narendra Singh Tomar announced on Tuesday that the central government will launch a Rs 500 crore accelerator programme to support the productive ideas of agro businesses. On the second day of the PM Kisan Samman Sammelan, Tomar made numerous significant announcements regarding big policy efforts for agriculture entrepreneurs. Tomar stated that an executive committee made up of relevant organisations, including the Department of Agriculture Research and Education (DARE), DPIIT, agricultural incubators and knowledge partners, agricultural universities, research institutes, top investors, and other stakeholders would be established under the chairmanship of the agriculture secretary. Additionally, a portal will…
India’s first sports helmet testing centre to be established in Meerut. The centre will be ready within the next four months. The process will cost about Rs 3 crore. The helmets are mainly used by cricketers and hockey players. Earlier, the helmets were tested abroad. The testing facility in Meerut will likely begin in the first week of February 2023. A Canadian team will train the staff at the centre.
In order to address the needs of the Indian market and mutually agreed-upon export markets, Navratna defence PSU Bharat Electronics Ltd has inked an MoU with US-based Triton Electric Vehicle for the manufacture of hydrogen fuel cells with knowledge transfer from that company. According to a statement from the company with its headquarters in Bengaluru, the Memorandum of Understanding (MoU) leverages the central government’s push for the adoption of clean energy fuels for applications in transportation and energy storage in order to meet the demand for clean energy solutions for various applications, including e-mobility. TEV has established a production facility…
Rolls-Royce introduces its first electric car called Spectre. It will be a luxury treat for customers. The car is currently under stringent testing. The development will be over by 2023. Spectre has an aerodynamic design. It is claimed to be the first two-door coupe with 23-inch wheels. It has features like Starlight doors. Spectre would offer 900 Nm of torque from a 430 kW powertrain. It is expected to reach up to 60 mph in 4.4 seconds. Rolls-Royce aims to have a complete electric line-up by 2030.
Oil and Natural Gas Corporation-supported startups play a vital role in the energy sector. They come up with innovative solutions to support the sector Bengaluru-based. String Bio is an example. It converts methane to edible proteins for aqua and poultry feed ingredients. ONGC so far has supported 15 startups. It has used Rs 61.31 crore from its Rs 100-crore corpus startup fun.d ONGC supports startups in the early stages. It has invested a maximum of Rs 5 crore in some of them.