Author: News Desk

https://youtu.be/NcCX2_LZDuIThe central government has introduced new policies on IT digital electronic innovation and product development. The mission of Union Minister Rajeev Chandrasekhar’s Kerala visit was to equip innovation centres in the state to meet the centre’s policies. He held meetings with startup owners and stakeholders of electronics hardware development centres, including C-DAC. He keenly evaluated the electronic hardware and software products developed in C-DAC. Self-sufficient innovation centresIndia is becoming a trillion-dollar digital economy. India has become a role model for other nations in terms of creating more job opportunities and utilising technology. The nation has great potential in core technology areas…

https://youtu.be/u5TXpd04NEk Reliance tops listSix of the 10 most valued companies together added Rs 1,18,383.07 crore in market valuation.  The major contribution came from Reliance Industries Limited. Last week, the 30-share BSE benchmark jumped 619.07 points or 1.03%.Gain and lossReliance, TCS, Infosys, HDFC, Bajaj Finance and Kotak Mahindra Bank were the gainers. HDFC Bank, Hindustan Unilever Limited, ICICI Bank and SBI emerged as laggards.The valuation of Reliance zoomed Rs 59,437.12 crore to reach Rs 16,44,511.70 crores. Infosys added Rs 29,690.9 crore to take its market valuation to Rs 7,48,580.98 crore.

https://youtu.be/CWKNW8nwJbw PLI for SolarThe government will enhance funding under PLI for solar manufacturing to Rs 24,000 crores.  Now, PLI for domestic solar cells and module manufacturing is Rs 4,500 crores. At present solar module manufacturing capacity in the country is 8,800 MW. The solar cell manufacturing capacity is 2,500 MW. Cabinet approvalNational Programme on High-Efficiency Solar PV Modules was approved by the Cabinet. It is aimed at reducing import dependence in a strategic sector like electricity and also at adding 10,000 MW manufacturing capacity of integrated solar PV modules

https://youtu.be/xdVkhb9tTHo New road safety appIndia, Japan researchers are working on a smartphone-based app to monitor roads.This is to reduce the accidents due to damaged roads in both countries. The project aims at monitoring road conditions and ultimately enhancing road safety. Detect potholesThe key to road surface condition monitoring is to detect road surface anomalies,including potholes, experts said. Any citizen can record the road damage with a smartphone and upload it directly to the cloud servers.The app can be used for continuous monitoring with high temporal road damage assessment.  

https://youtu.be/saZofRuESlQ India, which is entering the trillion dollar valuation in digital economy is becoming one of the best IT hubs in the world. These IT companies are offering better job oppurtunities to thousands of people and are providing with new work culture. Marlabs is a part of India’s IT legacy. India, an IT hub These days, India is becoming a favourite hub for multinational companies due to the availability of good talents and eminent software engineers. The New Jersey-headquartered Marlabs is expanding its operations in Indian cities by hiring more tech engineers. Marlabs is a software company providing digital solutions,…

https://youtu.be/BJyQ_kkyUL4 Reliance Retail has acquired ‘Amante’ umbrella brand, a subsidiary of MAS Holdings. The ‘Amante business’ was established by Sri Lanka-based firm MAS in 2007.100 percent stakeAmante is engaged in retail and wholesale distribution of premium lingerie under several brands. They include ‘Amante’, ‘Ultimo’ and ‘Every day by Amante’.Reliance Retail has acquired a 100 per cent stake of the ‘Amante’ brandQuality guaranteedThe partnership and collaboration will give Indian customers world-class product quality and greater choices in this segment. The acquisition by Reliance ensured that ‘amante’ would benefit from Reliance’s scale and retail expertise.Reliance Retail had acquired a 52% stake in Ritika…

https://youtu.be/sBis_EtVXfE Maruti Suzuki has dismissed suggestions that indicate small cars are on their way out.The company said that affordable hatchbacks would grow strongly. SUVs capturing over 50% of the market won’t be a threat to hatchbacks.Kenichi Ayukawa, CEO of Maruti Suzuki, downplayed concerns about small cars.He blamed shortages in the supply of components, such as semiconductors, for the fall in sales.Ayukawa said Maruti is working on a series of new cars, including SUVs.

https://youtu.be/VuMKJyyWk_k Gautam Adani’s company will invest $70bn over the next decade.This will make it the world’s largest renewable energy company. The company will subsequently produce the cheapest hydrogen on Earth.Adani Green Energy is targeting 45 gigawatts of renewable energy capacity by 2030. It will invest $20 billion to develop a 2 GW per year solar manufacturing capacity by 2022-23.Adani Transmission Ltd is looking to increase the share of renewable power procurement.The group is working to make renewable a viable, affordable alternative to fossil fuels.Adani Group already is the world’s largest solar power developer. 

https://youtu.be/3l7M7-i1cyYThe auction for the 5G spectrum is likely to take place around April-May next yearThis was informed by Communications Minister Ashwini Vaishnaw”Telecom regulatory structure should change in two to three years,” Vaishnaw saidHe said India’s telecom sector regulation has to be benchmarked with the global bestTRAI, which looks at the structure of auctions, is undergoing consultations on 5G auctions”I think they will submit their report by February-mid,” he saidDoT was earlier hopeful of holding 5G auctions by the end of the current fiscal.

https://www.youtube.com/watch?v=XHOmBV4js_EA Hong Kong apartment has been sold for $82.2 mn or Rs 610 croreIt has become Asia’s most expensive deal.It is the most expensive in terms of price per square foot, which is Rs 13.43 lakh.The apartment is located in one of Hong Kong’s iconic Mount Nicholson project.The apartment is 4,544 square feet in size and has three parking slots.Hong Kong’s luxury residential real estate is one of the world’s costliest. The buyer of Asia’s most expensive apartment has not been disclosed.