Author: News Desk

According to the latest industry figures, the export of Indian smartphones is anticipated to have exceeded $10 billion (more than Rs 82,000 crore) in the most recent fiscal year 2023. According to the Asian Lite, Apple’s “Made in India” smartphones currently account for 50% of all exports, followed by Samsung with 40% of mobile exports and other smartphone manufacturers with the remaining 10%. India is dominating the Global Electronics manufacturing scene and is doing well. The Government is placing a strong emphasis on smartphone manufacture and prioritising the Telecom sector. Global Industrial behemoths are now favouring India. The biggest phone…

The Chennai-based Zoho Corporation is confident in the ability of its “hub and spoke” development plan as it anticipates India moving up to become its third-largest market after the US and Europe. The shift, which started in 2020 in Tenkasi, has had great results, according to Sridhar Vembu, Co-founder and CEO of Zoho Corp. This hub now employs close to 1,000 employees. He told the journalists here on Monday, “We will shortly extend it to house 3,000 resources. Since the hub-and-spoke model is being implemented, the tiny enterprises that had been established prior to the pandemic will also be replicated…

In December of last year, Google added the “subject filters” function to its desktop search results. Based on the user’s search query, this function offers pertinent subjects and groups the search results appropriately. For instance, if a user searches for “Pixel 7” on Google, the search results will show up alongside the conventional tabs like “shopping,” “pictures,” and “news” on the right side of the page under categories like “details” and “reviews.” The technology behemoth recently made the ‘subject filters’ option available on Google Search for desktop users. Google claims that the subjects that are suggested are dynamic and alter…

Ease of doing business for MSMEs: The Goods and Services Tax (GST) is an indirect tax imposed on the supply of specific goods and services. It was introduced by the government in July 2017 and replaced a number of other indirect taxes, including excise duty, value added tax, purchase tax, service tax, etc. Companies that sell products and have a yearly revenue of more than Rs 40 lakh in states that fall under the standard category and more than Rs 20 lakh in places that fall under the special category must register for GST. Notably, there is no cost associated…

According to Bill Gates, the founder of Microsoft, autonomous cars will bring about the next significant revolution in the transportation industry. Recently, Bill Gates travelled across London in a self-driving vehicle. A British Start-up company named ‘Wayve’ created an autonomous car that Bill Gates travelled in while in London. Alex Kendall, the CEO of Wave, and a safety driver were with him. Calling the travel experience ‘unforgettable and amazing’ in a new blog, Bill Gates said that we have made a lot of progress in autonomous vehicles in recent years. Gates added that autonomous vehicles will change transportation in the same way that personal computers have changed office work over the next decade.…

The world’s top programmers will be granted 100,000 golden visas by the UAE as it aspires to become a magnet for international technology investment. To increase the share of the digital economy in the national GDP, investment in AI and software development will be essential. The Dubai Chamber of Digital Economy sponsored the 10th session of its quarterly digital industry seminars, concentrating this time on software development and the artificial intelligence (AI) business, as part of efforts to improve the sector. UAE golden visa lure for tech professionals Top executives, business leaders, specialists, and entrepreneurs came together at the event…

Kerala has also been involved in the Centre’s process of strengthening the National Startup Ecosystem Network ahead of the G20-DIA Summit in Bengaluru this August. Kerala also participated in the event showcasing innovative solutions aimed at improving the economy and upliftment of communities. The G20-Digital Innovation Alliance National Roadshow at Kalamassery was part of efforts to explore global potential through Kerala’s innovative companies. Incubators, Venture Capital firms, Angel Networks, Start-up Founders, Mentors, Experts and Government officials were part of the roadshow. Kochi was the eighth venue in the G20-DIA roadshow series. Earlier locations were Surat (Gujarat), Indore (Madhya Pradesh), Bhubaneswar (Odisha), Chennai (Tamil Nadu), Bangalore (Karnataka), Imphal (Manipur) and Greater Noida (Uttar Pradesh). Maker…

Expo 2020 Dubai has been called a “triumph” and will boost the UAE economy by more than $42 billion.The World Expo was a major success, drawing more than 24 million visitors and generating 35,000 new employment annually for decades to come. According to an EY research, the best is yet to come. Dubai Expo 2020 victory According to an EY estimate, from 2013 to 2042, Expo 2020 Dubai and its legacy are anticipated to bring AED 154.9 billion ($42.2 billion) in gross value added (GVA) to the UAE’s economy.Throughout the course of its six-month run, the World Expo attracted 24.1…

Honda Motorcycle & Scooter India has launched Activa 125 2023 which meets driving emission (RDE) norms. The new 2023 Honda Activa 125 starts at Rs 78,920 in the market. The Activa 2023 is powered by a 125cc PGM-FI engine with enhanced Smart Power that integrates a Honda ACG starter and start solenoid. Honda Activa 125 2023 comes in five colour options namely Pearl Night Start Black, Heavy Gray Metallic, Rebel Red Metallic, Pearl Precious White and Mid Night Blue Metallic. The scooter has four variants namely Drum, Drum Alloy, Disc and H-Smart. The scooter has a combi-brake system with equaliser,…

BYJU’S looks to be in further danger as US-based asset management company BlackRock is said to have reduced the company’s valuation by over 50% to $11.5 Billion. This is a significant decrease from the $22 Bn the edtech decacorn was last valued at in 2022. BlackRock, which owns less than 1% of BYJU’S, is believed to have reduced the value of its shares in BYJU’S from $4,660 per unit in April 2022 to $2,855 per share in its evaluation. The revelations were initially reported by The Arc and were included in documents that TechCrunch was able to view. It was…