Author: News Desk

https://youtu.be/PuIlUBY9jCo 139th session of IOC India has won the bid to host the next International Olympic Committee IOC Session in 2023. This will be held at the 139th session of the IOC on the eve of Beijing Winter Olympics closure. Mumbai was elected as the host of the next (IOC) session to be held in 2023 IOC Member Mrs Nita Ambani led a compelling pitch to win this bid . Mrs Ambani has been an IOC Member since 2016. Her membership has enabled to bring valuable international experience to India’s efforts to engage with the Olympic Movement. India will host…

https://youtu.be/BCZBH2rsssI New EV facilityAshok Leyland plans to set up a new manufacturing facility in the country to roll out electric vehicles. The firm has lined up a Rs 500 crores investment to develop power trains based on CNG, hydrogen and electric for its commercial vehicles range. It aims to expand its electric vehicle portfolio as well as develop new engines.The company will open a manufacturing facility and R&D centre in Spain. In India, the firm will optimise the facilities that are available with Ashok LeylandDost and Bada DostIt’s EV product plans, Dost and Bada Dost, would be utilised to cater to…

https://youtu.be/h7cXktOei0Y Promotion of tourismThe Ministry of Tourism (MoT) has signed an MoU with Alliance Air Aviation Limited (AAAL). The Tourism Ministry endeavours to position India as a preferred destination in the tourism-generating markets. AAAL, with its vast domestic network, plays a vital role in the promotion of tourism Udan schemeThe MoU was signed with a view to achieving the common purpose of joint domestic promotion. Alliance Air is the frontrunner in promoting the government’s Regional Connectivity Scheme. This is promoted under the Prime Minister’s UDAN  scheme. The MoU intends to meet an integrated marketing and promotional strategy and campaign in association with…

National level event IFCI Venture Capital Funds Limited (IFCI Venture) (a subsidiary of IFCI) is the implementing agency as Investment Manager of venture Capital Fund for Scheduled Castes, an initiative of ministry of Social Justice and Empowerment (MoSJE). MOSJE in association with IFCI Ltd. and IFCI Venture is organising a marquee national level event “Ambedkar Young Entrepreneurs League (AYE League)”. The event aims to create awareness and provide a transparent platform to the SC Youth to showcase their talent/ innovative ideas and get funding upto Rs.30 lakh under the Fund. Awards in 10 categories Furher, as a part of this event and…

https://youtu.be/h7cXktOei0Y Experienced software engineersAICTE LITE Teaching Fellowship is a national fellowship for experienced software engineers who love teaching. It will enable industry knowledge to flow back to faculty and students at engineering colleges. This is for software engineers with 3+ years of experience with interest in teaching.National Teaching Fellowship CertificateThe time period of course is between March 14, 2022, to February 20, 2023. The course implementation happens entirely online. Both part-time and full-time options are available.They will be awarded a National Teaching Fellowship Certificate by the All India Council for Technical Education and Pupilfirst.org.

https://youtu.be/Q4_qFIrq9_c 5G carsOne in four cars will have 5G connectivity by 2025, says a new report. This will make better use of real-time data transfer and fast cloud-car communication. In 2021, 4G cars were 90% of the total connected car shipments, Counterpoint Research said.5G cars are expected to be a quarter of connected cars by 2025. 4G-enabled cars are reaching maturity in the US, China, Germany, and the UK. The shift towards digitization in cars is increasing at a rapid pace China overtook the US in connected car shipments in 2021. Other notable regions seeing growth include Europe, namely Germany, the UK…

https://youtu.be/MMNC6o-sPgY New jobs, New hopesThe IT sector has hired an estimated 350,000-360,000 freshers in FY22 across 30 plus firms. This accounts for around 14-18% of the total headcount of the top IT companies. TCS, Infosys and Cognizant added 77,000, 41,000-42,000, and 33,000 freshers respectively.This data is given by UnearthInsight, a metrics benchmarking and market intelligence firm. All the top firms have also revised their fresher hiring target This financial year, the industry may achieve the best revenue growth. Experts expect the situation to start improving in FY23 as it is estimated that attrition will come down to 16-18%.

Quick commerce grocery apps to buy essentials A survey by LocalCircles says that One out of four Indian households that shop groceries online use quick commerce or fast delivery applications for buying last-minute essentials and indulgence foods. “Since the first phase of the pandemic in March 2020, many households have taken to e-commerce sites and apps for all types of shopping needs, getting what they need delivered at home and minimizing contact with others. Emergence of quick commerce has changed the on-demand delivery landscape by reducing delivery time from 12-24 hours to 10-60 minutes,” it said in a report. One…

5 million tonnes of green hydrogen by 2030 The government has allowed free inter-state wheeling of renewable energy used in the production of green hydrogen and ammonia as it seeks to boost usage of the carbon-free fuel and make India an export hub. Unveiling the first part of the much-awaited National Hydrogen Policy, Power and New and Renewable Energy Minister Raj Kumar Singh said the government is targeting the production of 5 million tonnes of green hydrogen by 2030. Oil refineries to steel plants require hydrogen to produce finished products. This hydrogen is currently generated using fossil fuels such as…

LIC set for IPO A public offering of shares by state-run Life Insurance Corp (LIC), set to be the country’s biggest ever at $8 billion, is expected to open for anchor investors on March 11, according to a media report. The book will open for bidding by other investors a couple of days later. LIC’s initial public offering (IPO) is expected to obtain regulatory approval by the first week of March, after which an indicative marketing price band will be set, said the sources, declining to be named as the deal discussions are private. LIC declined to comment. According to…