Author: News Desk

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,…

CARS24, India’s largest auto-tech firm for pre-owned automobiles, has today launched its first Engineering Research and Development Center (R&D Center) in Bengaluru, taking a huge step towards driving innovation and growth in the pre-owned vehicle sector. The center’s primary goal will be to provide cutting-edge solutions for used car inspection, refurbishing, and reconditioning. The centre will employ engineers and specialists from around the country and will be equipped with cutting-edge technology and manned by a team of professionals directed by Mr. Marut Singh, Chief Technological Officer, and Anmol Singh, Vice President of Engineering. The center’s AI-powered algorithms will assure accurate…

Under its new programme called Swiggy Launchpad, the online food and grocery delivery service Swiggy announced it would forgo revenue from new restaurants for a month. The decision was made in response to rival Zomato approaching several restaurant chains and asking for a 2-6% rise in commissions. By this strategy, restaurant partners could possibly save up to Rs.20,000, according to Swiggy. Swiggy’s marketplace network has up to a quarter million restaurant partners, and the business claims it adds roughly 10,000 new restaurants each month. Additionally, according to the Bengaluru-based company, the offer includes assistance in the form of a dedicated…

Very few women often dare to take up the risks associated with entrepreneurship, incubator programs creates a difference, says Anjali Chandran. Anjail, who creates various employment opportunities in the hand-loom industry through her startup, Impressa, talked about the social aspects of startups to the students. She said that it was travel which made her realize the potential of her startup idea. She also explained about how startups have a positive influence to people around it. Anjali shared her experiences during her entrepreneurial journey with the students during the launch of I Am Startup Studio at IHRD College, Thamarassery. I Am Startup Studio…

The Perinthalmanna edition of I am Startup Studio, led by young entrepreneurs Amjad Ali and Najeeb Haneef looked at different ways to develop the entrepreneurial skill among students and to start enterprises. Amjad, co-founder of sports startup Playsports, and Najeeb, founder of Sara Biotech, interacted with aspiring entrepreneurs in MEA Engineering College, Perinthalmanna. The speakers explained various aspects young entrepreneurs need to check before entering a business and the extent to which they can make use of technology. I am startup studio is a campus learning programme organised by channeliam.com to encourage entrepreneurship among students. The event witnessed discussion on how digital media plays a pivotal…

Young Scientist_Poster+Article_ENG Thumb: ISRO launches ‘YUVIKA 2023’ Web head: ISRO ‘Young Scientist’ programme for school children set to begin on March 20 The Indian Space Research Organisation has devised an educational campaign for youngsters in an effort to “catch them young” and motivate more students to pursue careers in STEM-related fields of study or research. ISRO runs this programme to teach younger children about space technology, science, and applications. ISRO YUVIKA Program:  The ISRO YUVIKA 2023 initiative, also known as the “Young Scientist Program,” is particularly developed for school-age children interested in the latest breakthroughs in space science and technology. Former ISRO…

Namma Yatri, an Auto App, opens up for crowdsourcing. Namma Yatri, the auto rickshaw booking smartphone application, is seeking public engagement to help it match the service and user experience provided by digital firms such as Ola, Uber, and Rapido. Juspay Technologies is looking for coders, politicians, and other stakeholders to help improve the product it created for Bengaluru’s Auto Rickshaw Drivers Union (ARDU). The open mobility project’s software, data, analytics, and future plans are all available to the public. Vimal Kumar, CEO and creator of Juspay, which is developing the Namma Yatri app, stated that the system is open for…

Are UAE inhabitants’ content? This subject was addressed in a recent research titled ‘Cities of Choice: Are People Happy Where They Live?’, in which both Dubai and Abu Dhabi were placed among the best cities in the world. Dubai ranked first in the ‘Social Capital’ dimension of the ‘Cities of Choice’ study conducted by the US-based Boston Consulting Group, ahead of Washington, Singapore, San Francisco, Guangzhou, Boston, Seattle, Atlanta, Barcelona, and Berlin, among those classified as ‘cruiser weight’ cities with populations greater than 3 million but less than 10 million. Dubai received a score of 74 out of 100, suggesting that citizens have a strong feeling of belonging and loyalty…