Author: News Desk

https://youtu.be/GSMiyudiutc Ola Electric has started test rides of its scooters and will start delivery this month. Varun Dubey, CMO, said the testing software will get upgraded before it reaches customers. After buying this vehicle, one can live with it for the next several years, he said. Hybrid modelThe company’s steady-state solution will be home test rides. But, since there is huge demand, they will start with a hybrid model. In cities with large populations, they will conduct test campsHuge plansOla will have a full range of scooters, bikes and other two-wheelers as well as four-wheelers. Besides, Ola will roll out of the…

https://youtu.be/oj3phyP1k-4 Record FDIIndia has attracted “record” foreign direct investments in the last seven years. This trend is expected to continue in the coming years. This was informed by Commerce and Industry Minister Piyush Goyal.India, a manufacturing hubGoyal said that India is focusing on integrating its quality standards with the world. FDI inflows rose 62% to $27 billion during the April-July period of the current fiscal. Goyal also appealed to MNCs to use India as a manufacturing base.

https://youtu.be/1e9Hjg6BsBw JPMorgan Chase & Co has sued Tesla Inc for $162.2 million. Tesla is accused of “flagrantly” breaching a contract related to stock warrants.Legal battleTesla sold the warrants to reduce potential stock dilution from a separate convertible bond sale and to lower its federal income taxesJPMorgan said it had been contractually entitled to adjust the warrants’ terms. This is after “significant corporate transactions involving Tesla”. “We have provided Tesla multiple opportunities to fulfill its contractual obligations, so it is unfortunate that they have forced this issue into litigation,” a spokesperson for JPMorgan said in a statement.

https://youtu.be/-8UsPilirHY Intel’s feteWorld’s first commercial microprocessor has marked its 50th anniversary. ‘4004’ processor developed by Intel paved the path for modern microprocessor computing. The “brains” that make possible every modern technology from the cloud to the edge, Intel said Cutting edge technologyThe success of 4004 proved that it was possible to build complex integrated circuits. And, fit them on a chip the size of a fingernail. The latest 12th Gen Intel Core processors will usher in a new era of computing. The performance hybrid architecture of this new family represents an architectural shift.

https://youtu.be/7UNOHQjwsEw Digital payments have taken off in a big way in India over the last five years, an SBI report said. The country needs regulatory infrastructure to support the digital revolution. UPI a favouriteAs many as 3.5 billion transactions worth Rs 6.3 trillion were recorded through UPI in October. The UPI transactions have jumped 69 times since 2017, the report said. At the same time, debit card transactions have got stagnatedNew technologies will emergeThe future will evolve increasingly towards the use of data through Artificial Intelligence. Efforts to formalise the economy are bearing major fruits in terms of currency to GDP ratio,…

https://youtu.be/hH7YgEK_Btk Crypto meetA Parliamentary Standing Committee has held a meeting with experts on cryptocurrency. This is the first meeting to be convened by the Parliamentary Standing Committee to discuss cryptocurrency.New inputs gatheredThere was a consensus that cryptocurrency can’t be stopped but must be regulated. This had generated a lot of interest and concerns in various quarters. The panel will also gather inputs from academicians of IIM Ahmedabad.Prime Minister Narendra Modi led the review meeting on the digital currency. The government will continue to proactively engage with experts on the evolving technology

https://youtu.be/ChknCuAHtzM Startups in Kerala are energetic and dynamic. I wish more startups are successful. More focus should be placed on how we can help them towards this goal, Minister of State for Electronics and IT, Skill Development and Entrepreneurship Rajeev Chandrasekhar told Channeliam.com founder Nisha Krishnan in an interview. The Union Minister was on a three day visit to Kerala. How do you see the start-ups in Kerala?My aim during this visit was to create awareness of the growing opportunity for the startup ecosystem and technology startups. I am very impressed with what I have seen. The energy of the Kerala startups…

https://youtu.be/ztJM9kJSi6E Soon digital gold, along with crypto assets, will come under some regulatory oversight. There have been concerns over the unchecked growth in such investments Digital gold to attract stricter norms The government plans to address the issues of transparency, lofty promises by some firms. The government may amend the Sebi Act and Securities Contracts Regulation Act.This will categorize digital gold as a security. Sebi in talks with the government Sebi had barred registered brokers and investment advisers from offering digital gold. Sebi is in talks with the government to categorise digital gold as securities in the budget

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.