Author: News Desk

https://www.youtube.com/watch?v=Rl61LkHHMfQOneWeb has inked an arrangement with the commercial arm of the ISRO, NewSpace India Limited (NSIL). This will help the Bharti Group-backed firm launch its satellite from India next year. The arrangement will let OneWeb use an Indian-built PSLV (Polar Satellite Launch Vehicle).  It will also build the heavier GSLV-MkIII as potential platforms. The satellites would beam high-speed broadband on earth. The non-binding LoI was unveiled at the Indian Space Association’ launch. OneWeb is a low Earth orbit satellite communications company. It will work with stakeholders for the development of India’s space ecosystem. The company is building its initial constellation of 648 LEO satellites.  It has already put 322…

https://www.youtube.com/watch?v=uRMqB1h_2NIHyundai Mobis has developed a steering wheel that can be folded when not in use.Hyundai Mobis is an affiliate of Hyundai motors.The project is a part of Hyundai Mobis’ self-driving car era. The innovation may soon be in the newest models of autonomous vehicles.The foldable steering wheel system will give more comfort to drivers.Hyundai Mobis has been working on this for two years.The new foldable steering wheel does not look like the standard circular wheel.It features a base with two stick-shaped handles. When in use, the handles are unfolded to sides for steering. 

https://youtu.be/BRa5WQ9sL9QThe PMO has reviewed the coal supply and power generation scenario.The government is looking at ways to defuse the energy crisis in several states.It also considers means to increase transportation of coal.The coal ministry has been asked to ramp up the supply of coal.Railways has been advised to make rakes available to transport the fuel to power plants.Many states are facing rotational power cuts due to coal shortage.To meet the demand, states have been forced to buy power from exchanges at high rates.To defuse the crisis, the Union power ministry has issued instructions.Coal Minister Prahlad Joshi said the govt is…

https://www.youtube.com/watch?v=xM59b_NNJVUAkasa Air has secured its no-objection certification from the civil aviation ministry.Rakesh Jhunjhunwala-owned airlines plan to start operations by next summer.A NOC is the first step towards the start of the operationsThe airline will now have to apply for the DGCA for its operations permit.Akasa Air has been promoted by Vinay Dube, former CEO of Jet Airways.Former CEO of IndiGo Aditya Ghosh is also associated with Akasa Air.Jhunjhunwala has invested Rs 247.50 crore in the airline.Madhav Bhatkuly of investment fund New Horizon has also invested around Rs 6 crore.Akasa Air plans to offer flights across India starting in the summer…

Europe is the centre of innovations and startups. It has well-known unicorns such as German bank, N26, English food-delivery service, Deliveroo, and French healthcare service. However, compared to other startup ecosystems around the world, Europe is still behind the US, China and India. It is assessed that, in Europe, the support startups required to become global businesses is less. European startups need more support to become unicorns from the seed stage. According to Mckinsey report, about 70 per cent of European unicorns needed a global presence to reach the unicorn level. Of the total unicorns, Europe holds only 14%. OneWeb,…

Rakesh Juhunjhunwala, who is known as the Indian Warren Buffett, is a popular figure in the Indian stock market. In fact, Jhunjhunwala and the real Buffett share some traits. They both became billionaires through stock market investments. Their stock portfolio contains airline stocks. When the airline industry plummeted following the covid-19 outbreak, Warren Buffett gave up the US Airline stocks. However, Jhunjhunwala took a different step. He decided to start a budget airline comprising 70 planes. His decision to invest in the airline industry, which is badly hit by the covid-19, is considered revolutionary. Generally, airline stocks are considered risky and prone to loss. In 1989,…

Digital Hub to open on September 18 At Technology Innovation Zone in Kalamassery Chief Minister will inaugurate the hub The biggest digital hub in South India A space for incubators, accelerators and startups Can accommodate 200+ startups Initially, direct employment to 2,500 persons A centre for software, hardware development More opportunities for hardware startups Digital Hub is situated at the 13.2 acres of land in Kinfra Hi-tech Park

John Favreau’s movie Chef was released in 2014. It tells the story of a remarkable chef and his entrepreneurial journey. Born in Miami, Carl Casper is the chief chef at Gauloise Restaurant in Los Angeles.  His experiments with food leave customers crave for more. But the restaurant owner Riva is not a big fan of Carl’s innovations. He wants his old classic menu to remain untouched, without any alteration. This creates friction between them. Meanwhile, Carl Casper gets a chance to serve food to the prestigious food critic and blogger Ramsey Michel. As expected, Riva demands his classic menu to be…

The Wolf of Wallstreet, the Hollywood film starring Leonardo Di Caprio doesn’t need an introduction. At New York’s Wallstreet, the epicentre of global businesses ruled by money, sex and drug, Jordan Belfort grows up as a stockbroker with his sheer passion for eloquence and numbers. How many of us know that most of Di Caprio’s power-packed scenes in that movie happened in real? The Wolf of Wallstreet is a dark humour film released in 2013. Directed by the veteran Italian-American director Martin Scorsese, the movie speaks about the evolution of Jordan Belfort as a Wall Street stockbroker. From the journey of companies, stock, money, market, money…

For an entrepreneur or a tech enthusiast, the movie 3 idiots will sure be a treat. It is an ode to innovative minds and teaches you to follow excellence instead of success. An adaptation of Chetan Bhagat’s Five Point Someone, 3 idiots tells the story of three college friends and their journey. The movie is a lesson for entrepreneurs because it teaches one to learn engineering not to develop complex solutions, but to solve real-time problems faced by society.The movie starts in Imperial College of Engineering, where three students, Ranchodas Chanchad, Farhan Qureshi, Raju Rastogi, meet. All three come from…