Author: News Desk
Ola-electric endowed investments in Israeli battery technology company, Store dot Store dot claims to make extreme fast charging technology (XFC) for e-mobility This is one of the first of global strategic investments Ola plans to make Ola will ramp up its research and development in advanced cell chemistry, manufacturing and new energy system Store dots XFC technology charges battery from 0 to 100% in just 5 minutes Ola also plans to set up a Gigafactory manufacturing cell to meet demands generated by Ola Future Factory A bid has been proposed under PIL for Advanced Chemistry Cell Battery Storage
National Skill development programme to establish 5000 news skill centres The modern era sees acquiring new skills as a positive outreach towards a job placement. The acceptance of all sorts of jobs has helped change the perspective of the youth. Learning new skills helps in your professional life a lot. It helps you achieve your goals, gives confidence, and gives you motivation for work too. The ‘Skill India Programme’ endorses such talents. The priority of ‘Skill India’ is to converge sectors in terms of skill training activities. The National skill development corporation allows aspiring candidates to register under the scheme…
Meesho revamped e-commerce app style Meesho , Founded in 2015 by Sanjeev Barnwal and Vidit Aatrey, lets any one start a business without an initial investment. The app, available in both play store and IOS helps users to buy and resell products. It solely constitutes women entrepreneurs, housewives, college students, shop owners, beauticians, wholesale traders, or anyone looking for a part-time job or a way to start their online business. The Internet commerce firm, Meesho had announced the launch of an integrated e-commerce mobile app for buyers and sellers as part of its effort to drive the digitization and promotion…
Byjus all set to be official sponsor of FIFA 2022 India’s largest Ed-tech company Byjus, has been named as the official sponsor of FIFA world cup 2022 held at Qatar. The Indian multinational educational technology company headquartered in Bangalore is all set to inspire other Indian origin startups to dream big and aim high, with them being labeled as the official sponsor of FIFA 2022 world cup. The educational tutoring app proudly expresses that this partnership will leverage its rights to the FIFA World Cup 2022 marks, emblem, and assets, and run unique promotions to connect with football fans around…
Heated rivalry between Ambani and Adani over clean energy Indian business tycoons Ambani and Adani have so far steered clear of each other’s path. However, it seems the paths of the Gujarat-based billionaires have overlapped with the urge to conquer the clean power sector. Both are planning to ramp up their green energy capacity in the world’s second-most populous country by 2030. Ambani has built his empire on petrochemicals, textile, telecom and retail while Adani has focused on infrastructure, electricity generation transmission distribution, operation of airports, ports, and utilities. The tiff began when both of them ventured into the green…
Smart devices that spy on people obstruct the right to privacy Ever had the feeling of being monitored even when no one was around? Well, this could be your smart tv! The television at your home, the fridge, the speakers and the webcams have a chip running inside which connects to IoT. Would we have ever imagined that the price we pay for our luxury smart gadget comes with a tag on our privacy? The Internet of Things (IoT) is a system that connects any electronic device, machine, microchip, sensor, appliance, and building to the Internet. ‘Alexa’ and ‘Google Home’…
Zomato’s 10-Minute Delivery Plan Explained by founder Deepinder Goya Zomato founder Deepinder Goyal has explained Zomato’s latest 10-minute delivery service, after being criticized Zomato was criticized as an open door to push delivery partners into a tough and unsafe working environment Mr Goyal tweeted the 10-minute delivery service “will be for specific nearby locations, popular and standardized items only.” He said 10-minute deliveries will lead to lesser time spent on the road per order The delivery partners will be educated on road safety, and will be provided accidental and life insurance Zomato will be delivering bread, omelet, poha, coffee, chai,…
Funding Results in Upsurge of Unicorns in India Accelerated funding to result in surge of 100 unicorns in India Unicorn stature bestowed when the net value of startup reach the 1 billion mark India ranked 3rd in the total number of unicorns Growth of One Unicorn expected every 5 days in 2022, with an expectation of 100+ unicorns by year end Fintech and e-commerce account for 50 per cent of total funds coming in for startups Health-tech, media-tech, food-tech and ed-tech accounted for 35 percent of total funds invested
Visakhapatnam station to implement ‘One station One product concept’ Finance Minister Nirmala Sitharaman announced the ‘One Station, One Product’ concept in the recent Union Budget The concept is to showcase destination and promotional hub for local products Visakhapatnam will be the first station on the East Coast Railway zone for implementation Local textiles/art and wood craft products will be marketed Kiosks to be temporarily erected in accessible areas The craftspeople will be identified through local self-help groups, NGOs, and co-operative societies
Business tycoon Adani explores partnership with Saudi Aramco Adani Group has held preliminary talks on a range of potential cooperation and joint investment opportunities with Saudi Aramco and the country’s Public Investment Fund. The Adani group is reportedly exploring a tie-up with Saudi Aramco and the oil kingdom’s Public Investment Fund. Rather than investing cash, Gautam Adani seeks to invest with his shares, offering potential partners a stake in his group. It makes sense for companies like Adani to strike share-swapping deals before the switch by the world’s major central banks from ultra-loose monetary policy to inflation-killing hawkishness. Gautam Adani-led Adani…