Author: News Desk
In place of the traditional method of padlocks and wire seals, Indian Railways has begun using a GPS-based electronic lock system on a trial basis on its goods and package trains. The change is intended to increase the security and safety of its freight waggons and package vans. Pilot project:In Eastern Railway’s Howrah division, the digital lock system has been implemented on a trial basis. The new lock mechanism will be further enhanced for a wider rollout based on user and customer input. The parcel van (four doors) of the 12345 Howrah-Guwahati Saraighat Express received the new lock system. The…
Indian telecommunications tycoon Sunil Mittal wants to merge his financial services division with Paytm’s payments bank in order to buy a stake in the fintech behemoth. Mittal wants to buy Paytm shares from other stakeholders and merge Airtel Payments Bank into Paytm Payments Bank through a stock sale. The negotiations are still in their early stages, so a deal might not be struck, according to reports. The firm is completely focused on its organic growth journey, according to a Paytm official, and is not engaging in any such negotiations. Paytm has clarified the situation, saying that it is “completely focused…
In an effort to improve connectivity, Union Minister for Road Transport and Highways Nitin Gadkari approved on Friday the construction of a 32 km long, 6-lane, access-controlled Greenfield Highway in Andhra Pradesh along the Bengaluru-Vijayawada economic corridor (NH-544G). Under the Bharatmala Pariyojana, the minister gave his approval to the project, which will cost Rs 1292.65 crore. The Bengaluru – Kadapa – Vijayawada economic corridor, according to Gadkari’s tweets, starts at the Bengaluru STRR and uses the already-existing Bengaluru – Hyderabad (NH-44) till the Kodikonda checkpoint on NH 44. The projected Greenfield economic corridor, according to the minister, runs from Muppavaram…
Anand Mahindra, a business tycoon and avid social media user, frequently captivates netizens with amazing videos, particularly about infrastructure. Now, the chairman of Mahindra and Mahindra has shared a road design that uses ‘half round-abouts’ to regulate traffic. Mahindra also questioned whether such a model would result in increased fuel consumption. The video shows vehicles moving continuously without stopping. They are seen taking turns at the half-roundabouts with no traffic jams. Netizens voiced their opinions in the comments section. While some users found it to be efficient, others expressed concerns about bottlenecks, increased fuel consumption, and increased commute time. The…
No way Byjus is making profit. Byjus said the business will continue to focus on organic growth while reducing costs. WhiteHatJr, India’s leading coding platform for kids, is set to be let go by Byjus.In the areas of stock, education, and business, the issue of what will happen after Byjus’ recent high-stakes takeover is looming. What is going to Happen is either Byjus will disown WhiteHat Jr ,which it paid $300 million or will attempt to sell or shut down the top coding platform. The $22 billion startup with its headquarters in Bengaluru has listed WhiteHatJr as one of its…
The sixth edition of the “Seeding Kerala” event, organized by the Kerala Startup Mission (KSUM), will take place on March 6 in Kochi, Kerala. The event aims to advance efforts to develop a dynamic early-stage investment ecosystem in the state and construct a robust pipeline of high net worth individuals (HNIs) and local investors who would be prepared to put their cash in Kerala’s budding businesses. At Seeding Kerala 2023, there will be more than 40 speakers, 50 notable investors from all over the nation, and more than 100 HNIs, entrepreneurs, policymakers, and corporates. For state-wide Entrepreneurship development and Incubation…
The UAE has announced the launch of a national rail network. The network will connect four ports in the UAE, as well as logistics hubs. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, witnessed the inauguration of the network at the main centre for control and maintenance in Al Fayah, Abu Dhabi. Taking to Twitter, he posted a series of photos, one of which showed him inside a train along with other Sheikhs and leaders. Etihad Rail is the developer and operator of the UAE’s National Railway Network…
UAE signs over $5bn in deals at arms fair The UAE, a long-time customer of Western defense companies, placed orders for anti-tank missiles worth $710 million from Rosoboron Export of Russia and more than $740 million from Raytheon of the United States. Contracts worth $930 million were signed on the final day on Wednesday, according to the organizers, bringing the total for the four days to $5.2 billion. The oil-rich United Arab Emirates is an important member of the Saudi-led Arab military coalition that intervened in Yemen in March 2015 after Houthi militants took the country’s capital Sanaa and marched…
Zomato, a food delivery platform, announced on Wednesday the launch of an ‘Everyday’, home-style meal service in which its food partners will collaborate with home chefs. Founder Deepinder Goyal announced in a blog-post that Zomato Everyday will bring people closer to home feeling by serving meals that make them feel at home. He also added that their food partners collaborate with home-chefs, who design each recipe with love and care to serve home-styled, wholesome food at the best prices within minutes. Zomato Every day is currently available in select areas of Gurugram only, with fresh meals starting at only Rs…
Nearly every day, ChatGPT is in the news, and its involvement is now prepared to advance. The AI Chatbot has been appointed as the CEO of the company CS India. The company was founded with the goal of empowering young people in the nation, and it asserts that having ChatGPT as CEO will enable it to analyse massive amounts of data and foster brand expansion. “We at CS India are dedicated to elevating Indian youth and creating the future generation of leaders.”Adv. Kunal Sharma, Founder-CEO of CS India ChatGPT is the ideal candidate to lead our organisation in this purpose…