Author: News Desk
Wipro will acquire SAP consulting firm Rizing Intermediate Holdings Inc for $540 millionThe all-cash deal marks Wipro’s second acquisition this monthThe transaction is expected to complete before the end of the quarterRizing’s industry expertise will support Wipro’s position as advisor for clients’ most complex SAP transformationsThe US-based Rizing has over 1,300 employeesIt has over 20 offices across North America, Europe, Asia, and AustraliaEarlier this month, Wipro had acquired US-based Convergence Acceleration Solutions (CAS) for $80 mnCAS is a consulting and programme management company
Hyundai’s globally-acclaimed Ioniq 5 will reach the Indian market in 2022The launch will mark Hyundai’s expansion plans for Battery Electric Vehicles (BEV) in IndiaHyundai had recently said it would introduce 6 BEVs by 2028In India, Hyundai launched the first electric SUV, KonaIoniq 5, its second electric vehicle, will reach within a few monthsIoniq 5 is built on Hyundai Motor Group’s Electric Global Modular Platform (E-GMP)It is an innovative system exclusively for next-gen BEVsIts interiors have eco-friendly materials at multiple touchpointsThe exteriors have a dynamic appealIt can achieve a top speed of 260 kmph
Efforts are being made to increase the limit of products that can be bought from startups to Rs 3 crore. Finance Minister KN Balagopal The government supports startups that come up with great ideas. However, the minister said that the trend of moving to other cities in the country and abroad after developing the facilities in the state is not desirable. The Finance Minister was inaugurating the Public Procurement Summit, the largest business-to-government summit organized by the Kerala Startup Mission. The Public Procurement Summit was organized with the aim of making the best products and services of startups available to…
Short video app Moj introduces a new plan for content creatorsIt would help creators earn more than Rs 3,500 cr over three yearsThere would be preliminary and advanced genre-based training coursesMentorship, spotlight programmes, and in-depth workshops on industry trends are also on the cardsThe Indian app aims to get about 1 million creators in three yearsCurrently, it has about 100,000 creatorsIt will build a robust monetisation model for creatorsThe model will continue to evolve with timeIt will also focus on engaging content for a long term
Auto-tech company CarDekho launches RupyyA specialised fintech platform, Rupyy offers financial aid to automobile customers and retailersIt makes the entire loan process easy and convenientIt also ensures a quick turnaround timeThe process follows QR-code based modeCustomers will receive necessary documents within a few minutesThey can also avail the process on rupyy.comCarDekho Financial Services will be merged with this new brand
Dubai’s Digital Infrastructure opens new avenues for global tech and business talents Dubai is becoming the new dream destination of techies and entrepreneurs. As Dubai is building its ‘Digital Infrastructure’ to evolve as a knowledge-based economy, tech-savvy youngsters are keen on everything that is happening there. The recent Golden Visa scheme has attracted a lot of youngsters who aspire to become entrepreneurs to Dubai. The intervention by the Dubai Chamber of Digital Economy to push digital business infrastructure is another step toward the concept of a Knowledge Economy. According to H.E. Omar Sultan Al Olama, the UAE Minister of State…
India has another achievement to be proud of. Palli, a village in Jammu and Kashmir has become India’s first ‘carbon neutral panchayat.’ The village is situated on the border district of Samba. On Sunday, Prime Minister Narendra Modi dedicated to the nation a 500 KV solar plant. It was installed in a record period of three weeks. The project consisting of 1,500 solar panels spread across a total area of 6,408 square metres will provide clean electricity to 340 households in the panchayat. The initiative comes under the central government’s Gram Urja Swaraj programme. Prime Minister lauded the villagers who…
Amazon introduces ‘Amazon View’ to change the shopping experience When we purchase interior decor online, the most confusing part is ensuring whether the product would blend in with our home. Mostly, it is a gamble. Amazon’s new feature ‘Amazon View’ offers a remedy to this dilemma. Amazon View is an augmented virtual room that provides a basic layout of your house in 3D. Using this feature, you can customise your room with amazon products. You can view the products in your home before purchasing them. For instance, if you are looking for a coffee table, you can place that in…
In 2021, India led the real-time payment transactions in the world with 48.6 billion such transactions. This represents over 40 per cent of the global transactions, says the report ‘Prime Time for Real-Time 2022’ released by ACI Worldwide, real-time payments solutions provider, in association with GlobalData, an analytics firm, and the US-based Centre for Economics and Business Research. The number of real-time transactions in India was 2.6X higher than that of China. It was seven times higher than the combined real-time payments volume of the US, Canada, the UK, Germany, and France. According to the report, real-time payments helped India…
Startups exclusive for organic milk India is one of the largest milk producing countries in the world. It accounts for about 22% of global milk production. However, about 68.7 percent of milk and dairy products sold in the country do not meet the standards of the Food Safety and Standards Authority of India. Adulteration of milk has been a problem in the country for a long time. Recently, many startups have come up with solutions to the problem of milk quality and adulteration. Many of these startups focus not only on unadulterated milk, but also on organic feed for livestock.…