Author: News Desk

The third-richest man in the world, Gautam Adani, and Mukesh Ambani, the head of Reliance Industries, have agreed to refrain from hiring employees from one another as part of a no-poaching pact. The agreement will be applicable to all of their operations as of May of this year. Business Insider’s inquiries to both organisations went unanswered. This agreement is intriguing since it was reached between two of the biggest conglomerates in India, both of which have recently entered markets where the other has a significant presence. Reliance has a major foothold in the petrochemical industry, and Adani Group announced its…

Massachusetts-based startup with support from Harvard A battery for electric vehicles created by Adden Energy can be fully charged in three minutes and has a lifespan of roughly 20 years, which is more than twice as long as the batteries used in EVs today. The Harvard Office of Technology Development has an exclusive licence for the technology utilised in EV batteries. Along with Rhapsody Venture Partners and MassVentures, Primavera Capital Group has also invested $5.15 million in the firm. The new battery has a lithium metal core as opposed to the lithium-ion used in EVs. Researchers claim that the battery’s…

Good news for Starbucks lovers! The brand is all set to create a similar experience across stores through its programme called ‘Starbucks Connect.’ Currently, the company offers ‘inconsistent experience’ across locations. As part of the new initiative, you will get all perks of standalone Starbucks outlets when you visit licensed stores in airports, Kroger, and other retailers. The chain is also extending reward and mobile ordering to licensed stores. The announcement was made by Chief Marketing Officer Brady Brewer at Starbucks Investor Day, held on September 13 in Seattle. For Starbucks, rewards and mobile ordering were key sources of growth…

Many Indian banks have alerted their customers about a new type of mobile banking malware campaign using the SOVA Android Trojan. The banks have requested customers to download apps only from the official app stores. The malware is distributed through smishing attacks. The malware captures the credentials when users log onto their net-banking apps and access bank accounts. This new version is said to be targeting over 200 mobile apps such as financial apps and crypto wallets. The malware can collect keystrokes, steal cookies, intercept multi-factor authentication tokens, and take screenshots or record videos from webcams. It is also capable…

Wipro Limited has appointed Dhruv Anand as Country Head & Managing Director for operations in Japan. He will lead Wipro’s business expansion in Japan and partner with clients to help them achieve their potential through Wipro’s wide range of capabilities such as Data, Analytics & Insights, Engineering Edge, and Cybersecurity. Dhruv has over 20 years of expertise in the IT industry. His career began at Wipro. Later, he moved to Tata Consultancy Services (TCS) where he performed various leadership roles in sales, delivery, and account management for Japanese customers globally. Dhruv is proficient in Japan’s automotive, manufacturing, and hi-tech sectors. …

Prime Minister Narendra Modi recently launched the National Logistics Policy (NLP). It aims to bring development in the costly, polluting, and congesting modal mix of Indian logistics. It goes along with the previous plans like the National Rail Plan and Maritime India Vision. India would strive to reduce the cost of logistics down to single digits. Currently, Indian ranks 47th in the World Banks’ Logistics Performance Index. All three major transportation modes – roads, rail, and waterways – have infrastructural clogs and mismatches. Moreover, currently, Indian logistics overly depend on roads. The new policy expects to bring more attention to railways and waterways. The multi-trillion projects such as Sagarmala, Bharatmala, and dedicated freight corridors already…

Hero Group and global investment firm KKR would invest $450 million in Hero Future Energies, the renewable energy arm of the Hero group. Founded in 2012, Hero Future Energies has a wide portfolio of solar and wind projects. With this investment, Hero Future Energies can expand its renewable energy portfolio that includes solar, wind, battery storage, and green hydrogen. The firm also has plans to reduce carbon emissions by 1 billion tonnes by 2030. Thus, Hero Future Energies would contribute to the nation’s target of generating half the country’s power from non-fossil fuel sources by 2030. The bigger aim is…

Powered  with Hexa-core (2×3.23 GHz Avalanche + 4×1.82 GHz Blizzard) A15 Bionic chipThe  phone comes with 4 GB of RAM and 64 GB of internal storage6.1 inches (15.49 cm) display that has a resolution of 2532 x 1170 PixelsSingle camera setup on the rear which has 12 MP + 12 MP camerasFeatures on the rear camera setup include Digital Zoom, Auto Flash, Face detection, Touch to focusOn the front, the mobile has a 12 MP cameraConnectivity options include WiFi – 802.11, a/ac/ax/b/g/n, MIMO, Mobile Hotspot, Bluetooth – v5.3, and 5G, 4G, 3G, 2GInclude  Barometer, High Dynamic Range Gyro, High-g Accelerometer,…

Adani Wilmar plans to introduce a kit under the Kohinoor brand this fiscal year, bringing a new DIY biryani brand to nearby markets. At the moment, ready-to-eat biryani options on the market include Daawat Biryani Kit, Al-Barkat Chicken Biryani, Gits, Indian Kitchen Foods gluten-free veg, 24 Mantra organic, Tata Q, among others. Before Adani Wilmar bought Kohinoor, it also sold a ready-to-cook biryani kit.The business wants to increase its selection of ready-to-cook foods by leveraging its recent acquisition of Kohinoor in May of this year. Although Adani Wilmar already sells ready-to-cook khichdis, it now wants to diversify its product offering…

A team of researchers in the United States has discovered that smartphones can detect blood oxygen saturation levels down to 70 per cent. This lowest measure is usually measured by a pulse oximeter. The proof-of-principle research was carried out by researchers at the University of Washington and the University of California San Diego. The participants were asked to place their finger on the camera and flash of a smartphone. The blood oxygen level was detected using a deep-learning algorithm. As part of the research, the team administered a controlled mixture of nitrogen and oxygen to six subjects to artificially bring…