Author: News Desk

https://youtu.be/eWiJk78j8tYPM Modi has announced India’s dream to become the leading nation in drone technology. He asked the youth to take advantage of the opportunities the new Drone Policy offers. Many foreign and domestic investors have invested in drone startups. Army, Navy and Air Force have given orders of more than Rs 500 crore to Indian drone firms. Modi said, “this is just the beginning and we don’t have to stop here”. Earlier, drones were used for Covid vaccine delivery. Those will be deployed for transportation and home delivery later  Or, for emergency assistance or monitoring law and order India is also preparing digital land records of villages…

https://youtu.be/NpNjjIc-HbUBoeing is aiming a test flight of its unmanned CST-100 Starliner capsule next year.  And, a potential launch of its crewed spacecraft at the end of 2022.  The CST-100 had been scheduled to fly to the ISS from Cape Canaveral, Florida, on August 3.  It was aborted hours before the launch because of issues with propulsion system valves. Boeing officials said they were still conducting testing of the valves. They may have become stuck because of moisture or condensation. Boeing was forced to remove the spacecraft from the Atlas V rocket.  It was sent to a factory at the Kennedy Space Center for troubleshooting of the valves. Boeing…

https://youtu.be/GBfGUDboQ8AZoho will invest Rs 50-100 crore and form a new research and development company. It will focus on R&D in the manufacturing sector. The firm’s plans coincide with the centre’s push to scale up manufacturing in India. It will be established in the Kongu region of Tamil Nadu, CEO Sridhar Vembu said. “An attempt to import substitution and develop high-end tech at the regional level to support the manufacturing sector,” Sridhar Vembu said.  Sridhar said the company will be set up in another three months.  It will set up a laboratory and identify the problem being faced by the industries. Zoho is an Indian company…

https://youtu.be/sD5HwBXHMCM Popular Vehicles and Services will hit the market soon with an Rs 800 crore IPO. The IPO filed in August consists of a fresh issue of Rs 150 crore. And, an offer for sale of up to 4.27 million shares by Banyantree Growth Capital II, LLC. Currently, Banyantree Growth Capital holds nearly 34% stake in the firm. The proceeds from the issue will be used to repay debt. It includes working capital loans availed by the firm and its arms. The IPO would lead Popular’s founder Kuttukaran family to the billionaire club. A media report said the Kuttukaran family…

https://youtu.be/aJjnwbrVTgoStellantis and Samsung SDI will produce electric vehicles battery cells and modules in the US.Stellantis had signed a similar agreement with South Korea’s LG Energy Solution.Automakers are investing billions to accelerate a transition to low-emission mobility. Stellantis will invest over 30 bn euros through 2025 on electrifying its vehicle line-up.Stellantis aims to secure 130 GWh of global battery capacity by 2025 and 260 GWh by 2030.Its brands include Peugeot, Fiat, Opel and U.S. best-sellers Jeep and Ram.The firm aims to have more than 70% of its sales in Europe be of low-emission vehicles.The Stellantis-Samsung SDI venture aims to start operations by…

https://youtu.be/gmHlqmj6b9Q Mercedes-Benz has implemented its direct to customer’ model — ‘Retail of the Future (ROTF). Mercedes-Benz India will retain the ownership of the entire stock of cars. The appointed Franchise Partners will retail the cars by invoicing them directly to the customers . Mercedes-Benz will also be responsible for processing and fulfilling customer orders. There will be one nationally set price by the company with ROTF. This will be uniform across the country. Mercedes has invested Rs 60 crore into the ROTF strategy. It recently infused around Rs 1,700 cr into its India business to transform its retail strategy. “The…

https://youtu.be/kkwBprMRRkoIn India, Amazon Prime is about to become costlier by up to 50%. The Prime membership plans will vary accordingly.  The annual plan will be revised from Rs. 999 to Rs. 1,499.  For the quarterly plan, it will be from Rs. 329 to Rs. 459. The Rs 129 monthly plan will be changed to Rs. 179.  The new changes will come into effect “very soon”. Amazon Prime was launched in India five years ago  Prime provides an unparalleled combination of shopping, savings and entertainment.

https://youtu.be/AMmg9aUtGfA Popular Social audio app Clubhouse will soon roll out local language on its app in India. It will start with Hindi, Telugu, Tamil, Malayalam, and Bengali. This comes at a time when the audio-based live social networking space is having a tough competition. A clubhouse official has said that the app is working towards understanding the needs of Indians. Earlier, the clubhouse was restricted to the Apple mobile operating system, iOS. It launched a version for Android smartphones in May this year. Following Clubhouse’s popularity, Twitter and Facebook also launched similar audio-only rooms.

https://youtu.be/8GTGdKnQLHEAdidas has roped in Deepika Padukone as their brand ambassador.The focus will be fitness, both physical and emotional.An epitome of strength and resilience, she encourages millions around the globe.The deal will strengthen Adidas’ goal of democratising and diversifying sport for women via inspiring personalities.”Sports has taught me unique values,” Padukone said.”Both physical and emotional fitness is an integral part of my lifestyle now,” she added.  

https://youtu.be/AKjAL9TYbg8 India’s biggest conglomerate Tata reorganises its corporate structure Tata Industries is set to transfer its ready-to-eat meal business to the publicly listed Tata Consumer Products. This would be the second such transaction between two Tata entities. Earlier, Tata Chemicals had transferred its food portfolio comprising Tata Salt and Tata Sampann pulses to Tata Consumer. Tata Consumer houses the conglomerate’s food and beverage business It includes Tetley Tea, Eight O’Clock Coffee, Himalayan water and Starbucks, adding ready-to-eat meals to its portfolio Tata Consumer is the fifth-most valuable company among the group’s listed entities The first four are TCS, Titan, Tata Motors…