Author: News Desk
https://youtu.be/rtJ_cKYfMwk Used car retailing platform Spinny has raised $283 million in its Series E funding round.The round was led by Abu Dhabi-based ADQ, Tiger Global and Avenir Growth.The round included a primary capital infusion of $250 million and a secondary sale of $33 million. Spinny’s valuation now stands at around $1.8 million. The company sold around 3,500 used cars on its platform in November.42nd unicornThe deal makes Spinny India’s 42nd unicorn, continuing a record breaking year for startup funding.“We set afoot to build Spinny with a customer first approach – solving for lack of trust in car buying and selling experience,…
https://youtu.be/NJ5rny6qwkY Dr Anil Menon is among the 10 new astronaut candidates introduced by NASA. Rigorous trainingHe has to go through two years of rigorous training before being inducted into missions.It includes research onboard the International Space Station, landing on the lunar surface and then to Mars. Anil Menon is part of the 2021 astronaut class, the first in four years, which has six men and four women. Forefront in missionsBorn to Ukrainian and Indian immigrants, Anil Menon is a Lieutenant Colonel in the US AirForce. SpaceX’s first flight surgeon, he helped launch the first humans to space during NASA’s SpaceX Demo-2 mission.Menon was…
https://youtu.be/odtq4L8rGzE India is eyeing a comprehensive framework for work from home. This will define the liability of employers towards employees working from home.Fixing work hoursIt will also provide a legal framework for the new model of work which emerged during Covid-19. It includes fixing work hours for employees and paying additional expenses towards electricity and internet. Comprehensive formal structureThe government had formalized work from home for the services sector through a standing order. This order allowed employers and employees to mutually decide on the work hours and other conditions. The government now wants to bring a comprehensive formal structure for all sectors.
https://youtu.be/RZUAxXRBWOY Tesla CEO Elon Musk is hiring Artificial Intelligence (AI) engineers. He had posted in Twitter about this.AI engineers”Tesla is looking for hardcore AI engineers who care about solving problems that directly affect people’s lives in a major way,” Musk tweeted.Interested candidates can apply by filling in the required details in a PDF format. Tesla’s AI and Autopilot unit develops and deploys autonomy at scale in vehicles, robots.“Tesla has scope for AI engineers who are interested in working in developing Full Self-Driving (FSD) chips, Dojo systems, Neural Networks, Autonomy Algorithms and coding. If given a chance you may be part of…
https://youtu.be/79nXO7FFmTA The government has no plans for boosting the cryptocurrency sector in the country. This was informed by the Ministry of Finance in the Parliament. No data on cryptocurrency The comments come in the wake of developments in the cryptocurrency space in India. The government is all set to introduce a Bill in the ongoing parliament session to regulate cryptocurrency. The government also said it does not collect any data on the cryptocurrency sector. It is expected to introduce the Cryptocurrency Bill in Parliament after it gets the Cabinet approval. Meanwhile, RBI is also planning to introduce a Central Bank…
https://youtu.be/gqiofdYS3iIDr Santosh Babu IAS (Retd) speaks about the Kerala government’s prestigious projects. Excerpts from an exclusive interview by Channel Iam.com Founder Nisha Krishnan.What is your new role in KSITL and K-FON and what are your vision and mission? The vision and mission were already established by the government a long time back and my job is to take it forward. The K-FON project will connect about 30,000 government offices. First preference is for that. High-speed connectivity will be provided to 30,000 government offices. The government also aims to provide high-speed Internet to 20 lakh families, which is the second priority. The…
https://youtu.be/e6tamJ2r_Ko The government will soon take a decision on Tesla’s proposal for a duty cut in India, NITI Aayog CEO Amitabh Kant said. A final decision will be taken by the Ministry of Finance’s revenue department.Local assembly plantsThe government wants the US-based EV maker to set up manufacturing units in India. The Ministry of Heavy Industries wants Tesla to consider setting up local assembly plants of semi-knocked down units.This will avail reduced duties on kits and later scale up to complete manufacturing . Tesla said that its cars cannot be assembled from kits. The government fears that an outright concession in…
https://youtu.be/LhO4Q7-pdKU Smart mobility solution firm Bounce has unveiled ‘Bounce Infinity E1’. Bounce Infinity E1 is its first consumer electric scooter.Battery as service optionBounce Infinity E1 will have a unique ‘Battery as a service’ option. This is the first of its kind in the Indian market. The scooter with battery and charger is priced at Rs 68,999. The price for the scooter with Battery-as-a-Service is Rs 45,099. Tough competition Bounce Infinity E1 scooters are FAME (Faster Adoption and Manufacturing of Hybrid and Electric vehicle) II eligible. Bounce’s competitors are Ola Electric, Ather Energy, Hero Electric, Bajaj’s Chetak, and TVS.The Bounce Infinity E1 comes in…
https://youtu.be/5N0SMlhqhec Carmakers Honda, Tata Motors, Renault plan to hike vehicle prices from January 2022. Maruti Suzuki, Audi and Mercedes-Benz have already announced the vehicle price hike.Price hike inevitable”Prices of commodities, raw material and other input costs continue to rise. An appropriate price is inevitable in the near to short term, a senior Tata Motors official said.Punch, Nexon, and Harrier are some of the models offered by the company in the domestic market. The price increase is due to a rise in the price of commodities like steel, aluminum, copper, plastic, and precious metal. Transportation cost has gone up affecting the total cost…
https://youtu.be/w81xBS2p_3g Meta has announced new initiatives to help protect women in India. It includes a platform to check and limit the sharing of non-consensual intimate images.Stern actionsThis allows potential victims to hash their intimate images. One of the initiatives called Stop NCII.org is in partnership with UK Revenge Porn Helpline. It will build on the company’s emergency programme NCII Pilot. It will also expand the women’s safety hub to Hindi and 11 other Indian languages. Meta has also appointed Indian members to its Global Women’s Safety Expert Advisors Attachments area.