Author: News Desk

https://youtu.be/v1tTf9YOz24 She Power 2.0 aimed at providing digital workshops and training as part of the grant-supported by the American State Department commenced in Kochi. Federal Bank Chairman and entrepreneur C Balagopal shared the top qualities a businessman should possess during the first session of the event. The programme which was held offline and online was attended by entrepreneurs, MSME, Startup founders, student startups and over 100 women.The firms which were started as startups in India and worldwide have now transformed into the best companies. We have to make use of the golden chance provided by technology and the Covid pandemic. According…

https://youtu.be/4CbW49TMbts eBikeGo has acquired the rights to manufacture smart electric trike Velocipedo. The acquisition of Torrot’s Velocipedo will address a niche electric vehicle segment. Luxury electric 3-wheelerThis is eBikeGo’s gateway to the luxury electric three-wheeler industry. Velocipedo is a smart electric trike that looks like a tadpole tricycleVelocipedo in three modelsVelocipedo will be produced in three models – a personal vehicle, trick taxi and cargo vehicle. It has a top speed of 95 Kmph, a range per charge of 200 km and a curb weight of 180 kg

https://youtu.be/5Ruu1UQ2RCQ Digital villagesThe government has decided to provide 4G mobile connectivity to over 7,000 villages. This was informed by Union Minister Anurag ThakurMobile towers connectivity will be provided in over 7,000 villages of 44 aspirational districts across Andhra Pradesh, Chhattisgarh, Jharkhand, Maharashtra and Odisha. The cabinet has approved construction of 32,152 km route in a far-flung areas of the country

https://youtu.be/xF56p9CUs5gThe Central Government is aiming to complete the privatisation of five to six state-owned firms. One of them is Bharat Petroleum Corporation Limited. The BPCL divestment is in the due diligence stage. Huge returnsThe sale of the BPCL would fetch about $13 bn for the exchequer and other shareholders. The Centre aims to close the privatisation of BEML and Shipping Corp of India .It also plans to list state-owned Life Insurance Corp on local bourses. Meanwhile, the government is targeting December for handing over Air India to Tata Group. 

https://youtu.be/Ho1eV6RNs04 The MSME Ministry is on a mission. It will study the COVID impact and assess MSMEs that closed in the past five yearsMission MSMEIt has invited bids from government organisations, institutions, and enterprises for the same. The bid submission date is from November 13 till December 6. However, one of the limitations the government faces is the lack of accurate dataSupport closed MSMEsOrganisations under the Ministry of MSME would be eligible for organising the study. The chosen organisation would have to identify the number of closed MSMEs in the last five years

https://youtu.be/jF2jir1emPg Akasa Air has placed an order for 72 Boeing 737 MAX jets, valued at nearly $9 billion. The order comes after the air safety regulator allowed the country’s airlines to fly the MAX jet. Akasa Air may fly next year Akasa Air received initial clearance to start operations in October. It is expected to begin flying next year Boeing’s two variants The order by Akasa includes two variants – the 737-8 and the high-capacity 737-8-200. Boeing dominates India’s wide-body market of 51 planes. Boeing’s share of India’s 570 narrow-body planes fell to 18% from 35% after Jet’s collapse in…

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.