Author: News Desk

How can students prepare for Industry 4.0 and the change in career scenario? Prof. Satyanarayan R. Chakravarthy, Professor, IIT, Madras is talking to channeliam.com. What typically happens today in a campus is, students learn a lot of things outside of the classroom by themselves and also by preparing to participate in a lot of International competitions as teams typically, when compared to individuals. So when they work in teams that are participating in International competitions, they acquire skill sets that are required for them to get into new kinds of careers. So these are typically coding competitions, it could be business case…

Paytm and PhonePe are likely to launch the Unified Payments Interface (UPI) Lite on their mobile applications soon. UPI LITE is an on-device wallet feature that allows users to make real time small value payments of upto Rs 200 without using a UPI PIN. Through this, users can make payments even in offline mode. However, while adding funds to the balance, an internet connection will be required. This will allow transactions with a maximum value of Rs. 200 each. What’s best for users is that they will not require a repetition of KYC if they already have an existing UPI…

Indian Institute of Technology Madras (IIT Madras) is going to develop a training module for the Indian Spaceflight Program using Augmented Reality, Virtual Reality, and Mixed Reality (AR, VR, and MR). A Memorandum of Understanding (MOU) was signed recently between ISRO and IIT Madras for collaboration on the application of extended reality (XR) and other technologies in the Indian human spaceflight programme. The design will include structure-based virtual models and simulations of mortal physiology as well as space systems, which will be crucial to understanding how the mortal body reacts and adapts to long-duration spaceflight—like a trip to the moon.…

Jio has recently announced that its True 5G services have gone live 236 cities and has turned to become the first and the only telecom operator currently to reach such a wide network, that too in such a short span of time. Jio put out the launch of the ‘True 5G’ services in new cities like Hindupur, Madanapalle, Proddatur (Andhra Pradesh), Raigarh (Chhattisgarh), Talcher (Odisha), Patiala (Punjab), Alwar (Rajasthan), Mancherial (Telangana), Gorakhpur (Uttar Pradesh) and Roorkee (Uttarakhand). Jio users residing in the above cities will be able to experience a welcome offer, with unlimited data at up to 1 Gbps+…

After the government earlier this week disabled 94 online lending apps, the home and IT ministries, as well as the Reserve Bank of India (RBI), will hold consultations over the following several days to determine the next steps. A day after internet service providers began shutting down the websites of online lending companies, the founders of various lending platforms met with representatives of the Ministry of Electronics & Information Technology (MeitY) in New Delhi on Tuesday. Fintech and lending company representatives attempted to clarify the reasons why the blocking order was issued from several departments. These intermediaries have been asked…

Anitha, a housewife from Kanchikode Mayapalam, Palakkad, started her business three years ago when she purchased a mixer grinder to grind rice at home. When the neighbours learned about this, they asked for rice flour as well. Without hesitation, Anita moved towards her goal. The locals needed a large rice mill, so Anita purchased one. This also provided a little source of income. Along with this, Anjana Food Products was launched. The Palakkad District Industries Office was contacted for the necessary regulations and norms Currently, Anita’s Unit provides packets of ragi podi, rice powder, fried put powder, and other products…

Ministry of Corporate Affairs monitoring the situation The Ministry of Corporate Affairs has taken steps to check the accounts of Adani Group, which is in crisis after the fraud in the share transaction came to light. News agencies report that the Director General of Corporate Affairs has ordered an inspection of Adani Group’s financial records under Section 206 of the Indian Companies Act. The Securities and Exchange Board of India (SEBI) has written to various banks seeking details about beneficial owners of offshore funds and foreign portfolio investors (FPIs). The Ministry of Corporate Affairs is also closely monitoring the situation.…

At the India Energy Week in Bengaluru on February 6, Billionaire Mukesh Ambani’s Reliance Industries displayed a truck that runs on hydrogen, the cleanest fuel currently known to man with only water and oxygen as tail emissions. The truck was manufactured by Ashok Leyland with two large hydrogen cylinders. A sign next to the truck claims it to be “India’s first H2ICE technology truck on the road.” H2 is the formula for hydrogen and ICE stands for internal combustion engine. The truck has “near-zero emissions” when it uses hydrogen as fuel in place of conventional diesel or even recently introduced liquefied natural gas (LNG). The three-day event, which is themed “Growth, Collaboration, and Transition,” was inaugurated by PM Narendra Modi. RIL and Ashok…

In the UAE, travel agencies are increasingly filing absconding complaints against clients who overstay their visa. Those tourists who overstay their visa expiration could be further blacklisted and banned from entering the UAE or any GCC country if they do not exit after their visas expire. Travel agents say that the rising number of overstay cases is causing reputational damage for their companies with immigration authorities and that their visa portal can be blocked for that cause. These agencies often issue tourist visas under their sponsorship, which means they are held responsible for ensuring that the client leaves the country on time. There is a minimum fine of Dh2,000, which increases each day,…

Start-ups have allured people from different walks of life. From investors to business corporations to Bollywood celebrities, all have eyed the ever-growing start-up sector. Bollywood celebrities are leveraging their popularity and money and have stepped into investors’ shoes. Here is a list of a few female actors who have invested in various start-ups. The most prolific Hindi female actor, Alia Bhatt has three primary start-up investments – Fashion Brand ‘Style Cracker’, socially conscious incense stick company ‘Phool’ and omnichannel beauty brand ‘Nykaa’. She also owns sustainable kidswear brand ‘Ed-A-Mamma’, which also sells maternity wear now. Deepika Padukone is the highest paid actress in Bollywood, Padukone owns an investment entity called…