Author: News Desk
Mukesh Ambani has set his sights on the Indian government’s defence indigenisation efforts This is done through SankhyaSutra Labs It showcased a Made in India software that can be used to design aircraft at the AeroCon 2022 SankhyaSutra’s focus seems to be on making it easier and cheaper to simulate aircraft designs The company said it uses a combination of physics, mathematics and computer science for its designing tools
The Ministry for Electronics and Information Technology (MeitY) has released proposed amendments to Part I and II of the IT Rules The proposed amendments include the setting up of a grievance appellate committee It will be established by the government and will directly report to government The government has also sought comments and recommendations from the public The last date for submission of comments is June 22, 2022
Kerala Startup Mission is organizing the Rural India Business Conclave in Kasaragod on June 11 and 12 The two-day Rural India Business Conclave 2.0 is organized in collaboration with the Central Plantation Crop Research Institute The theme of the summit will be ‘How to utilize technology for the growth of rural India’ The two-day summit will be addressed by 12 internationally acclaimed speakers Social Alpha, a Bangalore-based venture development incubator, will conduct pitching for five startups in Kerala The Rural-Agritech Hackathon has also been organized to promote innovative technological solutions that contribute to the agricultural growth of the country For…
Campers to capitalize on makeshift tents Campper, a startup engaged in outdoor travel segment has come up with makeshift tents Capitalizing on an increasing craze among youngsters to stay under closed canopies It has wardrobes and washrooms that can be easily dismantled after use When spread out, the tent lends 160 sq-ft space in less than five hours State Tourism Director Shri V. Krishna Teja inaugurated the facility conceived and brought out by Campper The May 22-28 event at Kalamassery thus introduced another product backed by latest developments in technology Reinforcing the organisers’ efforts to boost the state’s collaborative startup…
Mukesh Ambani surpasses Gautam Adani to regain Asia’s richest spot Mukesh Ambani regained his position as Asia’s richest man, surpassing Gautam Adani Ambani has gained the eighth spot in the world’s richest as his net worth stands at $99.7 billion Whereas, Adani Group’s Chairman Gautam Adani’s net worth is $98.7 billion In February this year, Adani overtook fellow countryman Ambani to take Asia’s richest spot on the back of the jump his personal fortune
Elon Musk says he has a ‘super bad feeling’ about EconomyHe wants to cut 10% of Tesla JobsTesla had hired almost 100,000 people at the end of last yearNow, thousands will lose their jobsHe further sent an email to executives to halt more hiringTesla is yet to confirm the developmentEarlier, Musk had asked all Tesla employees to either return to the office or resign
Lulu Group will invest Rs 2500 crore in Uttar Pradesh in three new projects in the state One Lulu Mall each in Varanasi and Prayagraj and Lulu Food Processing Hub in Greater Noida UP launched their 3rd Investment Summit and ground breaking ceremony, which was inaugurated by PM Narendra Modi in the presence of CM Yogi Adityanath, Indian Defence Minister Rajnath Singh More than 600 investors are showcasing various initiatives, mega projects as well as number of startups and technological innovations Lulu Group has already completed Rs 2,000 crore Lulu Mall In Lucknow
Ever wondered how many of your pictures are there on the internet? If so, you have an option to find them. A face recognition tool PimEyes offers free and paid services to find photos of a person from across the internet. Founded in 2017, its original founder remains anonymous. Its new owner is 34-year-old academic Giorgi Gobronidze who is interested in technology. According to him, PimEyes is a multi-purpose tool that can be used to help people keep an eye on their online presence. It uses the latest technology, machine learning, reverse image search and artificial intelligence to find pictures…
Prime Minister Narendra Modi has said that India has achieved a landmark figure of 100 unicorns with a valuation of more than 330 billion dollars. He was speaking as part of his Mann Ki Baat radio programme. He said that India’s startup ecosystem is not limited to bigger cities but entrepreneurs are coming from smaller cities and towns, too. “On the 5th of this month, the number of unicorns in the country reached 100. The total valuation of these unicorns is more than 330 billion dollars, that is, more than 25 lakh crore rupees,” he said adding that it is…
In July 2021, Mark Zuckerberg was the third richest person in the world as per the Bloomberg Billionaire Index. His net worth was $142 billion and Facebook’s shares were around $350 with a market capitalisation of $950 billion. Soon everything fell! Zuckerberg’s wealth declined by over 50% along with a decline in Facebook’s shares. If Zuckerberg’s wealth now stands at nearly $65, Facebook’s market capitalisation is currently under $475 billion. What has caused this sudden plunge? The main reason is the profit decline Meta reported in the December 2021 quarter. And, Meta showed a lower-than-expected earnings forecast for the March…