Author: News Desk
The toy industry in Tamil Nadu can generate 30,000 jobs. This can be achieved with the aid of the state government Chennai and Tuticorin with port connectivity are ideal destinations for the industry. It was observed by the Tamil Nadu Toy Dealers Association. Recently, the Telangana government allotted 1,000 acres of land for the toy industry. Similar support will help the toy industry thrive in Tamil Nadu. In the southern region, Chennai is the capital of the toy market. The toy industry in Tamil Nadu is valued at Rs 600 crore. It can grow further if the government provides land…
Have you ever dreamed of being greeted by a humanoid robot? Walk into the museum of the Future’s ‘Tomorrow Today’ exhibition in Dubai. The museum has employed Ameca, its first robotic member of the staff AI-powered Ameca can greet and interact with visitor.s It’s the world’s most advanced humanoid robot, claims its makers. It can direct visitors and answer their questions. Ameca has face recognition technology and has a sense of humour. Its sensors can track movements in a room ‘Tomorrow Today’ features more than 50 exhibits in five areas. They include waste management, environment, food security, agriculture, and city…
Adani Group is in advanced talks to buy the cement business of Jaypee group, which is currently facing insolvency procedure following the plea by the State Bank of India against its flagship firm Jaiprakash Associates. The Adani Group had lately acquired Ambuja Cements and ACC for $6.5 billion. The acquisition is part of Adani’s plans to double the cement manufacturing capacity to 140 million tonnes in the next five years. Currently, Adani Group is India’s second-largest cement maker. Its annual production capacity is 67.5 million tonnes. Aditya Birla Group’s UltraTech is the country’s largest cement manufacturer. It has a production…
The world’s richest man, Elon Musk, is marketing a brand-new fragrance as he maintains a tradition of making what appear to be jokes into in-demand goods. Musk tweeted about the perfume on Tuesday before changing his Twitter bio to “Perfume Salesman,” calling it “Burnt Hair” and calling it “the essence of disgusting longing.” The scent was priced at $100 per bottle on a separate sales page published by Musk’s tunnelling business, Boring Co. Musk later tweeted that 10,000 bottles had been sold.
Tamil Nadu IT Minister T. Mano Thangaraj said that the Tamil Nadu government is trying to bring technology solutions to the common people such as farmers and backward groups. In each field, the problems that cannot be solved normally are identified and they are tried to solve them through technology. The minister said that work is being done to create a better startup ecosystem in Tamil Nadu. By visiting expos like GITEX we are looking at how it will benefit Tamil Nadu. Currently, Tamil Nadu has a very good number of startups. Startups are active not only in Chennai but…
Temasek-backed firm Licious, which has previously mostly concentrated on animal meat, on Monday unveiled UnCrave, a direct-to-consumer (D2C) plant-based meat division, in an effort to reinforce its house of brands approach. During its early stages, the company will rely on Licious’ supply network to ship its goods to Delhi, Mumbai, and Bengaluru. In the coming months, the company stated, it will expand into the other major cities in India. Only the top seven metro areas will receive Licious’ attention over the next 12 months. UnCrave will only currently sell “vegetarian chicken and mutton” items, but Bhasin noted that the company’s…
The Indian startup ecosystem is the world’s third-largest one with more than 75,000 startups that include about 100 unicorns. Across the world, the covid-19 pandemic had adversely affected the startup ecosystem. Now, the ecosystem is going to be impacted by the rising interest rate scenario. At this juncture, India has proposed a new group at the G-20 level to support startups in addressing various issues such as the lack of finance faced by the ecosystem. India would assume the presidency of the G-20 grouping in December. The G-20 grouping should work towards creating and adopting guiding principles for open source…
Billionaire Elon Musk’s SpaceX-owned satellite internet service provider Starlink is in talks with the Department of Telecommunications (DoT) for the licence to offer satellite-based communication services in India. Reports say that Starlink will apply for this within a month. In the country, to offer satellite-based communication services, companies should get the Global Mobile Personal Communication by Satellite (GMPCS) license from the government. It also needs approval from the Telecom Regulatory Authority of India (TRAI). A year ago, Starlink had started accepting bookings for its satellite-based services but called it off as per the government directions. The GMPCS license is issued…
The world’s largest tech event GITEX GLOBAL 2022 in Dubai is about the start of the digital and entrepreneurial revolution. UAE Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications Omar Bin Sultan Al Olama said in his welcome speech that the UAE and Dubai believe in the power of globalisation. He added that he hoped the discussions at GITEX Global would create ‘sparks’ capable of changing the world. Chief AI scientist, Dr.Tian Qi spoke about the possibilities of artificial intelligence in the first session of the summit. Artificial intelligence is capable of making great contributions to…
The Abu Dhabi Civil Defense unveiled a Thermite Robot at Gitex Global, which is equivalent to ten firefighters. The robot’s 2,500 gallon per minute water-pump spout will be very useful for putting out flames in high-risk areas. The Thermite Robot includes two waterspouts, the bigger of which may be used to spray water over a burning object while the smaller spout can be used to spray water in a more controlled manner.It can run continuously on diesel for 20 hours before requiring a refill.It may be operated using a remote control up to 300 metres away.A specialised arm in front…