Author: News Desk
Ford Motor Co will cut 3,000 salaried and contract jobs, mostly in North America and India. As it is restructuring to catch up with Tesla Inc. In the race to develop software-driven electric vehicles. Ford shares were down 4.8% in midday trading amid broader declines on Wall Street. Ford has begun separating its operations into electric, combustion engine and commercial vehicle operations. Rival General Motors Co in late 2018 moved to cut 14,000 jobs.
Bengaluru-headquartered start-up, Digantara Research & Technologies to build a Space Situational Awareness (SSA) observatory in Uttarakhand.The proposed first-of-its-kind observatory will be tracking satellites and space debris in the Lower Earth Orbit (LEO) and the Geosynchronous Earth Orbit (GEO), helping Digantara to augment its SSA capabilities to offer global space traffic management operations. It is said to be India’s first space situational awareness observatory.
Adani Group acquired a 29.18% stake in television broadcaster NDTV Ltd and made an open offer to buy another stake, according to a request from the Securities and Exchange Board of India (SEBI) and announced that it will acquire 26% more stakes of the company. Adani Group, announced this year that it would acquire a 49% stake in BloombergQuint, a Digital news provider, is looking to further expand its media investments with NDTV’s stake under its umbrella. In a statement to the stock exchange, NDTV said the acquisition was completed without the involvement, discussion or approval of NDTV founders Prannoy…
B Capital Group to back Indian sexual health startup Mojocare. B Capital is a venture capital firm by Facebook Inc. co-founder Eduardo Saverin and Raj Ganguly. Mojocare to raise about $20 million in a Series A round by B Capital Group. Bengaluru-based Mojocare would use the fund to diversify its product portfolio. Mojocare helps consumers with issues such as fertility, haircare and weight loss. The platform offers product sales and consultations.
British luxury supercar maker McLaren Automotive forays into India. India is the company’s 41st global territory. Its first retail outlet McLaren Mumbai will open in October 2022. The brand already has a well-established presence in the Asia Pacific region. Its offers include ‘McLaren GT’ and ‘Artura’. Artura is its recently released high-performance hybrid car.
Entrepreneur comes from the French word ‘entreprendre’. It means undertake. The birth of any enterprise is where one is willing to take it. Every business starts with a strong foundation, which then develops and the business grows. An entrepreneurial success requires equal effort from every employee in the organization, starting from the founder. Entrepreneurship is about implementing new ideas and skills and bringing out the best for the betterment of a country. From Bill Gates, who developed a computer program to monitor traffic patterns at the age of 15, to Jeff Bezos, the world has many great entrepreneurs who entered…
According to the website InAppBrowser.com, it can reveal how social media platforms such as TikTok and Instagram see your sensitive data like address, passwords, and credit card information without your consent. The website claims that it has a tool that lets users know how these social media platforms inject JavaScript code into third-party websites, causing potential security and privacy threats to the user. The tool’s developer Felix Krause says that anybody can verify it using the tool. The process is simple. Open an app you want to analyse, share the URL, and tap on the link inside the app to…
Netizens praised Anand Mahindra’s gesture of reaching out to Mr Gowtham.Anand Mahindra is an avid social media user who often shares engaging posts that catch the attention of netizens. In a recent tweet, the Mahindra Group chairman once again shared a video of a man assembling an electric jeep at his home. Mahindra responded to the job request on Twitter. Gowtham, a young man from Keezhad, Sivaganga district, Tamil Nadu, shared a video of a battery-powered jeep on social media, writing, “Please offer me a job.” In the clip, Gowtham demonstrates how the Jeep is made to steer the front…
Prime Minister Narendra Modi will inaugurate Amrita Hospital in Faridabad, Haryana.it is said to be India’s largest private hospital with 2,400 beds. A super speciality hospital with the latest medical equipment. The hospital, which will be built at an estimated cost of Rs 600 crore, will provide state-of-the-art medical facilities for the people of Faridabad and across NCR.
Digitisation and manufacturing drive emerging markets now. This also includes India, said Jitania Kandhari. Jitania is the Head of Macro Research for Emerging Markets at Morgan Stanley. She shared the thought during an interview with CNBC-TV18. India has always been a service-driven economy. Now, it is shifting its focus to manufacturing “I hope the long-awaited manufacturing pickup will happen,” she said. She also talked about Morgan Stanley’s report on inflation. The report says that inflation levels in EMs are lower than that in DMs. This is happening for the first time Kandhari believes supply-related issues cause inflation in EMs.