Author: News Desk
The world’s first supermodel robot cafe to open in Dubai in 2023Titled ‘Donna Cyber Cafe’, the place will be run by robots Robo-C2The robots created by RDI Robotics look almost like real humans They can serve coffee, detect emotions and make conversations with customers Made of silicone skin and realistic eyes, they will have an ‘easygoing, feminine’ personalityRobots will also sit at the billing counter and store information The robots will look like Diana Gabdevolina, a famous model from Eastern Europe
The 2024 Paris Olympics and the 2024 Youth Olympics (to be hosted in China) will be broadcast on the Reliance-backed Viacom18 network across the Indian subcontinent following the 2022 FIFA World Cup, the International Olympic Committee (IOC) announced on Wednesday. According to the organisation, this covers the markets of India, Bangladesh, Bhutan, the Maldives, Nepal, Pakistan, and Sri Lanka. IOC did not provide a deal figure, although media experts estimate it to be between Rs 200 and 250 crore. Industry insiders estimate that Viacom 18 paid Rs 450 crore for the broadcast rights to the recently finished Fifa World Cup.…
Priyank Kanoongo, the head of the National Commission for the Protection of Child Rights, has agreed to change Byju’s refund policy and conduct an affordability assessment of parents before providing them with courses and loans (NCPCR). Kanoongo claims that two Byju’s agents addressed the NCPCR on behalf of the CEO (Byju Raveendran) and presented them a letter. The NCPCR will meet with Byju’s again on Monday because the children’s rights group has requested further information and papers. After the meeting, Kanoongo noted, the NCPCR would provide them formal recommendations.He said that Byju’s had promised to assess parents’ ability to pay…
The startup ecosystem in India is growing at a good pace. The startup ecosystem in states like Kerala, Tamil Nadu, Telangana, and Karnataka is showing great potential. However, startups in India should grow beyond the borders of states. We should make use of these possibilities more, said Mano Thangaraj, Technology and Digital Services Minister of Tamil Nadu. Startups should receive proper funding, talents, and suitable product. Several startups face a lot of issues during their journey. Lack of talent, funding, and employees leaving a company quickly are some of the issues. The difficulty to showcase a complete product also puts startups in dilemma.…
Electric passenger vehicle sales in India to increase in FY24It is expected to touch the 100,000 unit mark for the first time The Indian market is already witnessing a surge in the sales of passenger vehicles (PV)The current fiscal 2023 is expected to finish at the 50,000 mark Three years before, it was just 3,000 units Meanwhile, automakers Tata Motors, MG Motor India, and Mahindra & Mahindra are planning to launch models
Dubai unveils the concept of a ’20-minute city’.Residents will be able to travel to destinations within 20 minutes by foot or bicycle. The initiative intends to beautify urban areas and reduce the carbon footprint.The 20-minute city will be divided into four centres – sector centre, district centre, community centre, and neighbourhood centre. Each sector will feature different amenities such as a co-working hub, shopping centre, hospital, smart police station, school etcetera. About 55 per cent of the residents will be placed within 800 meters of mass transit stations. High-density areas will have connected pathways for pedestrians and soft mobility. The project…
Edtech giant Byju’s wants to exit from its jersey sponsorship deal with BCCIBCCI disclosed the matter at the BCCI Apex Council meetingByju’s replaced Oppo back in 2019Byju’s extended its sponsorship agreement until November 2023 for USD 35 million in JuneMeanwhile, BCCI has asked Byju’s to continue at least till March 2023Byju’s was one of the sponsors of the 2022 FIFA World Cup in Qatar
As China is battling the new variant of Omicron, companies across the world are concerned about its ripple effect on the global economy. Indian firms, be it electronics, attire producers, or gold and diamond exporters, all are worried about another bout of supply chain disruptions. They all depend upon China for supplies. For instance, attire producers rely on China for uncooked supplies. Smartphone makers anticipate a shortage of materials. Manufacturing down: In China, manufacturing is slowed down as several employees are down with infections. Besides, since the Chinese New Year is around the corner, there would be further delays in cargo movement.…
The programme TANSEED aims to help startups in Tamil Nadu receive funds. The scheme gives up to Rs 10 lakhs to early-stage startups. Other schemes such as the 100-crore emerging sector seed fund, the 30-crore exclusive fund for SC/ST entrepreneurs, ‘Tamil Angels’ platform for high-net-worth individuals, and the aggregator platform TANFUND for venture capital firms intend to strengthen the investment ecosystem. Several programmes have been introduced in incubation and acceleration arenas as well. S2G in market connect programmes to link startups with the government. Startups can give services and solutions to government departments. Programmes that cost up to Rs 50 lakhs will not have a…
As part of expanding its empire, Reliance Retail has signed a definitive agreement with Metro Cash & Carry India to acquire a 100 per cent stake in the latter for a cash consideration of Rs 2,850 crore. The acquisition is subject to some closing adjustments and is expected to be completed by March 2023. The acquisition will give Reliance Retail access to the vast network of Metro India stores and further strengthen Reliance Retail’s physical store footprint. Metro India stores are located across India’s key cities. It has a large base of registered kiranas and a supplier network. A pioneer…