Author: News Desk

https://www.youtube.com/watch?v=v7RO05c-r6AReliance Industries Limited (RIL) is one of the top four Indian companies to work for.This was published in Forbes’ report featuring ‘World’s Best Employers rankings 2021’.Globally, Mukesh Ambani-owned RIL comes at the 52nd position. The report surveyed 750 global corporates.Other Indian companies too got into the top 100 rankings.They include ICICI Bank at 65, HDFC Bank at 77 and HCL Technologies at 90.SBI was ranked at 119, Larsen & Toubro at 127, Infosys at 588, Tata Group at 746 and LIC at 504.The list also has Bajaj at 215, Axis Bank at 254, Indian Bank at 314, Oil and Natural Gas…

https://youtu.be/IzxV5h0Qc4sThis year, India’s top four IT services companies will add more than the estimated 120,000 freshers.The move comes after strong demand across sectors and to offset increased attrition rates.TCS, Infosys, Wipro and HCL have hiked their steps for the hiring of freshers from the first quarter.They are likely to add more than 160,000 people.These firms together employ over a fourth of India’s 4.6 mn IT workforce.They added 1,02,517 people, both freshers and lateral hires, in the first 6 months of the year.The firms have been reporting large deal wins.They are also dealing with a sharp spike in attrition rates, necessitating…

https://youtu.be/EatlRmHL1CgAlibaba Group founder Jack Ma has reappeared in Hong Kong.There was a regulatory clampdown on his business empire last year.The Chinese billionaire has been keeping a low profile since then.He delivered a speech last year in Shanghai criticising China’s financial regulators.That triggered the chain of events that resulted in the shelving of his Ant Group’s mega IPO.The sources declined to be identified due to confidentiality constraints.Ma met at least “a few” business associates over meals last week.Ma is mostly based in the eastern Chinese city of Hangzhou.His company Alibaba is also listed in Hong Kong, besides New York.Alibaba and its…

https://www.youtube.com/watch?v=9SYLaXOFFBIElon Musk wants Jeff Bezos to know he’s No.1. Last week, the gap between the world’s two richest people widened. Musk’s net worth is now $222 billion. Amazon.com Inc.’s Bezos has 190.8 billion. The Tesla co-founder responded to a tweet from Bezos with a silver medal emoji. The jab escalated the public feud between the two billionaires. As of now, both are trying to revolutionize the space industry. Bezos’ Blue Origin had challenged a U.S. govt contract with SpaceX. The contract will help develop a technology to land people on the moon again. Musk had called Bezos a ‘copier’ for the space businesses of his e-commerce firm. 

https://www.youtube.com/watch?v=10_swxBO5kMRealme has partnered with Khy Electronics to manufacture its range of AIoT products in India Will make Realme Watch 2 Pro, Realme Buds Wireless, Realme 4K Smart TV Google Stick  Realme said it will continue to expand the manufacturing ecosystem It will also support the ‘Make in India’ initiative and enhance employment opportunities Oppo, Wingtech Mobiles, DBG technology are Realme’s smartphone manufacturing partners. Bhagwati and Videotex make smart TVs for Realme Realme had earlier associated with Khy Electronics to assemble Realme smartwatches It claims to have achieved 100% local manufacturing of smartphones and smart TVs. Our partnership will empower us to meet emerging requirements swiftly, Madhav Sheth, VP,…

https://www.youtube.com/watch?v=Rl61LkHHMfQOneWeb has inked an arrangement with the commercial arm of the ISRO, NewSpace India Limited (NSIL). This will help the Bharti Group-backed firm launch its satellite from India next year. The arrangement will let OneWeb use an Indian-built PSLV (Polar Satellite Launch Vehicle).  It will also build the heavier GSLV-MkIII as potential platforms. The satellites would beam high-speed broadband on earth. The non-binding LoI was unveiled at the Indian Space Association’ launch. OneWeb is a low Earth orbit satellite communications company. It will work with stakeholders for the development of India’s space ecosystem. The company is building its initial constellation of 648 LEO satellites.  It has already put 322…

https://www.youtube.com/watch?v=uRMqB1h_2NIHyundai Mobis has developed a steering wheel that can be folded when not in use.Hyundai Mobis is an affiliate of Hyundai motors.The project is a part of Hyundai Mobis’ self-driving car era. The innovation may soon be in the newest models of autonomous vehicles.The foldable steering wheel system will give more comfort to drivers.Hyundai Mobis has been working on this for two years.The new foldable steering wheel does not look like the standard circular wheel.It features a base with two stick-shaped handles. When in use, the handles are unfolded to sides for steering. 

https://youtu.be/BRa5WQ9sL9QThe PMO has reviewed the coal supply and power generation scenario.The government is looking at ways to defuse the energy crisis in several states.It also considers means to increase transportation of coal.The coal ministry has been asked to ramp up the supply of coal.Railways has been advised to make rakes available to transport the fuel to power plants.Many states are facing rotational power cuts due to coal shortage.To meet the demand, states have been forced to buy power from exchanges at high rates.To defuse the crisis, the Union power ministry has issued instructions.Coal Minister Prahlad Joshi said the govt is…

https://www.youtube.com/watch?v=xM59b_NNJVUAkasa Air has secured its no-objection certification from the civil aviation ministry.Rakesh Jhunjhunwala-owned airlines plan to start operations by next summer.A NOC is the first step towards the start of the operationsThe airline will now have to apply for the DGCA for its operations permit.Akasa Air has been promoted by Vinay Dube, former CEO of Jet Airways.Former CEO of IndiGo Aditya Ghosh is also associated with Akasa Air.Jhunjhunwala has invested Rs 247.50 crore in the airline.Madhav Bhatkuly of investment fund New Horizon has also invested around Rs 6 crore.Akasa Air plans to offer flights across India starting in the summer…

Europe is the centre of innovations and startups. It has well-known unicorns such as German bank, N26, English food-delivery service, Deliveroo, and French healthcare service. However, compared to other startup ecosystems around the world, Europe is still behind the US, China and India. It is assessed that, in Europe, the support startups required to become global businesses is less. European startups need more support to become unicorns from the seed stage. According to Mckinsey report, about 70 per cent of European unicorns needed a global presence to reach the unicorn level. Of the total unicorns, Europe holds only 14%. OneWeb,…