Author: News Desk

https://youtu.be/cSEwRuHfCNAAudi says high taxation regime restricts the Indian luxury car segment’s growth. The government should lower the levies to help the sector grow, it said. The luxury segment went up to 40,000 units a year and stayed in that range, an official said. “And, this year, we can end up even lower than that,” the official said. The company asked govt to reduce the duties. Apart from 28% GST, there is cess. Audi asked to take off this cess and keep registration costs reasonable. Luxury vehicles currently attract the top GST slab of 28%. Additional cess of 20% on sedans and…

https://youtu.be/M3RYAxZsWo0Will the Facebook rebranding turn into serious concerns relating to privacy? As the company is leading towards a virtual world, there are severe concerns raised if private data will be misused. It has been pointed out that data breaches and misinformation spread the social media platform currently face are still not rectified.  A group says that the name change is to divert from the serious issues reported in the ‘Facebook papers’ released by a Press Consortium, which includes the Associated Press. Facebook is facing legal battles even in the US. Corporate rebranding is not going to help Facebook, which has faced…

https://youtu.be/0zJpICZWb7Q ALI Technologies has released a demonstration flight video of the world’s first practical hoverbike The Japanese firm has named the bike — XTURISMO Limited Edition During the demonstration, the XTURISMO flying bike was seen floating in the air The hoverbike operates electrically with an internal combustion engine that runs on petrol The company aims to bring out a fully electric version of this flying bike by 2025 The flying bike has a cruising time ranging between 30 and 40 minutes The delivery of the first units of this limited edition flying bike will start as early next year The…

https://youtu.be/GzgL94vUsZMThe Indian Railway Catering & Tourism Corporation (IRCTC) is on a mission. It is working with Truecaller to provide passengers with greater trust in communication. Truecaller verified identity will aim to reduce fraud.A way to assure that booking details and PNR status are being delivered by IRCTC. The integrated Railways Helpline 139 will now be verified by Truecaller Business Identity solutions. A green verified business badge logo will be seen while making calls to 139. Additionally, users will also see verified SMS message headers.This would ensure that the communications about bookings are from IRCTC only. The verified tick mark icon will lock Indian Railways brand name…

https://youtu.be/qBsWlHrkeIMThe Reliance JioPhone Next will hit stores on Diwali. The phone is priced at Rs 6,499. Buy the budget 4G smartphone from Reliance Jio by paying Rs 1,999. And, pay the remaining amount via an easy EMI scheme within 18-24 months. The smartphone runs on the Android-based Pragathi OS system developed by Google. The JioPhone Next comes with a 5.5-inch HD+ display with a 720 x 1440 resolution.  It has a Qualcomm Snapdragon 215 SoC under the hood. The phone packs a 3,500 mAh battery and 32GB of internal storage. The back camera is 13MP while the front one has an 8MP sensor for selfies and video calls

https://youtu.be/NsLfunJxhwM Digital insurer ACKO has joined the unicorn club raising $255 million in a Series D round. The round led by General Atlantic and Multiples Private Equity has valued the fintech startup at $1.1 billion. The transaction is subject to approval by the insurance regulator, IRDAI. The total funds raised by ACKO now stand at $450 million. It had earlier raised capital from Amazon, Accel, and Flipkart’s co-founder Binny Bansal, among others. ACKO sells bite-sized insurance products in partnership with Amazon, Ola, redBus etc. ACKO also covers nearly 1 mn gig workers through partnerships with Zomato, Swiggy and others.

https://youtu.be/EJTylic948k The healthcare system is usually not affordable to commoners. They can’t afford medicines or medical equipment. How is it possible to make medical equipment affordable? Neha Mittal, a young entrepreneur had this thought. ‘One Above Health Care’, the Punjab-based startup helmed by Neha, was started to achieve this. This firm is providing medical equipment to pharmaceutical traders, wholesalers and dealers at low rates. They have up to 300 clients. Neha’s startup started operations in 2018. OneAbove Healthcare was started with an initial investment of Rs One crore. Since then, the startup gained a 10% growth rate every month. The company…

https://youtu.be/5RBn5qzZblIWhen a popular social media platform like Facebook changes its name, will its fans and critics stay silent? Soon after Facebook announced its new name, ‘Meta’ became the most searched news on Google and the popular hashtag on Twitter. Here are some of the interesting comments that came after Mark Zuckerberg, the owner of Facebook, Instagram and Whatsapp, announced the name change.  “Meta”- “Mark Evading True Accountability”, — coverup the truth, was the reaction of the writer and messaging guru Rick Horowitz. US Democratic leader Alexandria Ocasio-Cortez, who had earlier criticised Zuckerberg in the US Congress, said that even if the company…

https://youtu.be/ni3zkq7Vtg8 Online travel platform Easemytrip has acquired business-to-business travel marketplace Traviate This is EaseMyTrip’s first acquisition. Traviate enables peer-to-peer transactions among hotels, online travel agencies and travel agents. The company has over 1.2 million hotels listed on its platform. Traviate claims that 70% of the hotel’s inventory is sold by B2B channels. The acquisition would help EaseMyTrip scale up its hotel and holiday business. EaseMyTrip has a market cap of Rs 5,345 crore as of October 28. It aims to further strengthen its B2B offerings with this acquisition.

https://youtu.be/V82uLpcak9A A new indigenous mechanized scavenging system has been successfully demonstrated. It was developed within eight months by CSIR-CMERI. The system was benchmarked with the available system in the Indian market. Its exclusive features make it the first of its kind system in India. The commonly used rodding mechanism may erode the inside surface of the sewer pipe. CSIR-CMERI’s system uses a high flow rate system jetting pump which exerts high force to clear the blockage. The collected sludge may not directly be useful for agricultural purpose. It is recommended to use the pyrolysis process to convert sludge into useful…