Author: News Desk
When McClelland decided to make bamboo bicycles, he had no idea that he would not only change the face of sustainable mobility, but also provide a living for many others along the way. Bryan learned about the possibilities and process of creating cycles during a trip to Africa in 2007, and with the help of his close ties to the country, he realised this innovation would have a better chance of success in the Philippines, where bamboo is naturally abundant. Bryan remembers the first time he built a Bambike back in 2009, and he learnt that the inherent qualities in bamboo would…
Foxconn and Vedanta are almost ready to welcome European chipmaker STMicroelectronics as a technical partner in their projected semiconductor chip manufacturing facility in India.The joint venture (JV) that was announced in February of last year. The joint venture (JV) that was announced in February of last year would have Foxconn as its principal partner. One of those listed above claimed that “the government is positive on Foxconn, which is committing substantial investments in India.” One of the five candidates for government incentives under a $10 billion programme unveiled in December 2021 to support local semiconductor manufacture is the Vedanta-Foxconn cooperation. One of the requirements for project approval and the granting of incentives is partnering with…
Lafe Healthcare is a startup that helps doctors who have completed MBBS to crack the entrance for PG education. In 2018, Lafe will start operations as a digital question bank. It was a very small venture with only around 10 users in the beginning. At the beginning of the Covid era, Dr. Sathish Srinivasan joined the team, became co-founder and head of technology. It is in this era that artificial intelligence is used to figure out how to differentiate the structure of an exam and present it in a very simple way that is beneficial to the students. Lafe’s application works by using its own developed…
The Union government ordered Vodafone Idea Ltd to issue equity shares in exchange for deferred adjusted gross revenue (AGR) and spectrum obligations totaling 16,133 crore. The completion of the equity conversion plan, which comes more than a year after the government made the first choice, gives Vodafone Idea some breathing room because of its 2.2 trillion-pound debt load as of September 2022. Since 2021, the loss-making telco has struggled to raise 20,000 crore through debt and equity. “We wanted a strong guarantee that the Aditya Birla Group would manage the business and provide the necessary funding. Since the Birlas occurred,…
Indian Railways soon to launch services of Vande Metro on the lines of Vande Bharat trains which are currently operating across the country. While the Vande Bharat trains did not get a mention in the finance minister’s speech, the announcement of a mini version of it was the highlight of Vaishnaw’s post-budget press conference. The Vande Metro is a mini version of the Vande Bharat Express trains. These trains will be of eight coaches and will be like a metro train. “To make travel easier for the passengers of nearby areas of a state, Vande Metro trains, completely manufactured in India under the vision of PM Modi, will soon be introduced in the country,” said the Railway Minister Ashwini Vaishnaw. As per a senior railway…
Union Minister for IT and Telecom Ashwini Vaishnaw said on Wednesday that state-run BSNL will use about Rs 53,000 crore in upgrading its network to 4G and 5G this year, as well as revamping the landline network across the country. The government has announced a capital infusion of Rs 52,937 crore in BSNL during the next fiscal starting April 1, 2023. Speaking about the budget for 2023–2024, the minister stated that most of BSNL’s balance sheet problems have already been addressed and that the capital infusion is part of the Rs. 1.64 lakh crore revival plan announced last year. BSNL…
With updates, Volvo Trucks’ gas-powered Volvo FH and FM trucks can now travel longer distances and tow greater loads using renewable fuel. Liquid biogas (bio-LNG), an alternative fuel that can, according to Volvo Trucks, reduce CO2 emissions by up to 100%, will be used in the company’s new, highly-powered vehicle that can travel great distances. The business said that its new gas-powered Volvo FH and FM trucks would have 500 hp, an increase over its previous biogas versions, and include “significant technical enhancements” that would make them up to 4% more fuel-efficient. Due to increased fuel economy and 10% larger…
Kerala budget hit by price hike, significant allocation for start-up IT sectors. 90.52 crores has been announced in the budget for the Kerala StartUp Mission as an incentive to grow entrepreneurship. A total of Rs 120.52 crore has been allocated to this sector, including an additional allocation of Rs 30 crore for Fund of Funds allocation. 26 crore for Technopark, 35 crore for Infopark, 12.3 crore for Kozhikode Cyber Park and 100 crore for K-Phone. 71.84 crores have been allocated in the budget for Kerala Space Park. The budget also announced that Kannur IT Park will start functioning this year.…
Electric Vehicle Two-Wheeler (EV2W) company, PURE EV has launched its ecoDryft electric motorcycle , available in four colors – Black, Grey, Blue, and Red. The launch price of Rs 99,999 is exclusive to the state of New Delhi, and the ecoDryft has a pan-India ex-showroom launch price of Rs 1,14,999. ecoDryft is positioned as the most affordable electric motorcycle in India. In context, most hi-speed forerunners in the electric scooter market cost more than ecoDryft. PURE EV claims that ecoDryft has been designed and developed at PURE EV’s technical and manufacturing center in Hyderabad. Pure EV ecoDryft lists top speed…
Popular beverage company Coca Cola is reportedly planning to launch a smartphone! The phone will be available in India this quarter, says a tweet by popular tipster Mukul Sharma. The company is said to be collaborating with smartphone maker Realme. Mukul also shared an image of the smartphone that features Coca Cola branding in two places – a small branding at the bottom and a big one on the entire right side. The device looks similar to the Realme 10 model that was launched earlier this month. The two companies are yet to confirm the collaboration. It is still not sure whether it is just…