Author: News Desk

Centre to issue new guidelines for social media content creators. This will be applicable to influencers across social media platforms Influencers who receive freebies from firms are subjected to taxes. The new guidelines insist that influencers must declare details of their paid promotions. The government says it’s to protect consumers from fake reviews. Otherwise, heavy penalties would be charged. First offence will be charged with Rs 10 lakhs. Habitual offenders will have to pay Rs 50 lakhs. New guidelines will be announced in the following 15 days.

Alphabet Inc is considering India for some of its Pixel smartphone production. A new report suggests that some production of Pixel phones will be moved to India from China owing to the recent Covid-19 lockdowns and the rising tension between the US and China. Earlier this year, global supply chains were disrupted when China closed key tech hub Shanghai and other cities due to a surge in Covid-19 cases. And, recently, the United States banned exports of some high-end chips to China, causing tension between the US and China. Alphabet is yet to confirm the news. However, the report says that…

In Doha, a Mongolian falcon that was used for hunting was sold for 911,000 Qatari riyals. The use of falcons for small game hunting and other practices, generally known as falconry, is a major aspect of culture in the Gulf countries, where the avian animal commands a premium among citizens. On the penultimate day of the exhibition, Bader Mohsen Misfer Saeed Al Subaey placed the highest winning offer of 911,000 Qatari riyals. The Katara International Hunting and Falcons Exhibition, which featured more than 180 companies from around the globe and lasted six days, concluded on Saturday. On display were falcons,…

India’s minister of petroleum and natural gas, Hardeep Singh Puri, said that in the near future, most of the country’s crude oil supply will come from the Gulf region, including Saudi Arabia and Iraq, as India seeks a secure and affordable energy base.  Indian refiners have scooped up relatively cheap Russian oil that has been shunned by Western companies and countries since sanctions were imposed on Moscow over military special operations in Ukraine. India’s imports of Russian oil increased by 4.7 times from April to May, or more than 400,000 barrels per day, but fell in July. Crude oil imports…

Mahindra reveals its electric SUV XUV400. The price of the car will be revealed in January 2023. Deliveries also might begin by the end of January. Mahindra XUV400 is an all-electric version of the XUV300. It is powered by a 39.5kWh battery pack. The SUV claims a total range of 456kms on a full charge. It can be fast charged to 80% in 50 minutes. XUV400 is longer than XUV300. It has six airbags, disc brakes on four corners, ABS with EBD, and a rear parking camera with sensors.

India’s third Vande Bharat Express successfully completes trial runs. It completed the ‘water glass test’ running at a speed of over 180 km/hr. A glass was filled to the brim and placed next to a speedometer in the driving chamber. The glass remained stable when the fastest engine-less train sped up. Even at its peak speed, it maintained stability. Now, the Express all is set for its passenger run.

Electric mobility startup Yulu today raised $82m (£653m) in a Series B round led by mobility technology company Magna International. Existing investor Bajaj Auto also participated in the round. Yulu offers Electric Mobility as a Service (MaaS) and Battery as a Service (BaaS). The funds will be used to expand the fleet over the next 12 months, making the battery swap network ten times the capacity at a time. Yulu has also expanded its EV fleet to more than 100,000 of electric two-wheelers, and within the same period it plans to install more than 500 battery charging and swapping stations.…

The Tata Group plans to buy a stake in India’s biggest packaged water company, Ramesh Chauhan-owned Bisleri International. The Tata Group`s Tata Consumer enterprise, which sells Tetley tea, Eight O` Clock coffee, Soulful cereals, salt and pulses, operatingStarbucks cafes, is actively exploring strategic acquisitions. Inorganic increase could be a “considerable part” of the increase strategy. Tata Consumer has its personal bottled-water enterprise below NourishCo, however that stays a spot enterprise. Bisleri has greater than a hundred and fifty production flowers and a community of over 4,000 vendors with 5,000 vehicles throughout India, consistent with statistics on its website.Apart from mineral…

American electric car maker Tesla has lost three senior executives at its India office. The company has lost three members of its original 12-strong team since the resignation of Country Policy Head Manoj Khurana in June. These exits signal a waning interest in the Indian market. However, the company has not yet abandoned its office and legal entity.The company will be incorporated in Bangalore on January 8, 2021 and plans to launch vehicles within six months. Tesla’s plans for India have been hit by the government’s stance on electric vehicle (EV) import tariffs. India currently imposes a 60% tariff on…

Union Finance Minister Nirmala Sitharaman was the chief guest at the 10th Convocation of the Indian Institute of Information Technology Design and Manufacturing Kanchipuram (IIITDM Kanchipuram). On the occasion, Sitharaman emphasized that higher education in India contributes to some of the world’s best business executives, with about 25% of all Silicon Valley startups being led by “people of Indian descent.” By providing equal opportunities for all young people regardless of gender or class, the entire 65% of the young workforce can contribute to India’s growth. India’s working-age population is much larger than China’s, she said, adding, “This highlights the importance…