Author: News Desk

https://youtu.be/kIxC3zcYVlU42 firms were selected under the production linked incentive (PLI) scheme for white goods.”Some are Bluestar, Daikin, Havells, Orient Electric,” Dept for Promotion of Industry and Internal Trade said.52 companies had filed applications with committed investment of Rs 5,858 crore.After evaluation, 42 applicants with committed investment of Rs 4,614 crore were selected.PLI scheme had received the Union Cabinet approval in April. The scheme will be implemented over a seven-year period, starting FY22. Flexibility to choose the gestation period for applicants is either up to Mar 2022 or up to March 2023.26 selected applicants are for Air Conditioner manufacturing.This has committed investments of…

https://youtu.be/5cfEQ2k3en8SpaceX may hold talks with telecom service providers to offer satellite communications. The firm may hold talks with Jio, Vodafone Idea etc.The company feels that there must be an Indian constellation of satellites. Starlink India head, Sanjay Bhargava, said collaborations will offer satellite communication in remote areas.SpaceX-backed Starlink had registered a subsidiary in India.This subsidiary will help the company start applying for licenses.Once it gets permission, it aims to give 100 devices for free to rural districts in India.

https://youtu.be/nRX-RlRMG7o Sara, the labrador puppy was the birthday gift Rashi Narang received. Like any other pet parent, Rashi tried to find a good quality leash, collar, bed, treats and toys for Sara. But the existing stores offered basic products with no variety to choose from. Food products were adulterated. Fed up, Rashi started designing everything for her dog. This eventually led Rashi to start her startup Heads Up For Tails (HUFT) in 2008. Rashi created products such as bed, jacket, mat, feeding bowl and leashes that are not harmful to pets. But when she approached retailers, everyone refused to take her products.…

https://youtu.be/XtapCZFporQOla has started piloting a quick delivery service in Bengaluru.’Ola Store’ will soon expand across major cities apart from Bengaluru. The service is aiming for a sub-15 minute delivery timeline.The service is available within the Ola App, a media report said.Customers can order groceries, beverages, home and personal care products etc. These products will be delivered from strategically placed dark stores. Ola also has food delivery and financial services offerings.Ola is also looking at raising USD 1-1.5 billion via an Initial Public Offering (IPO). .

https://youtu.be/KMQHJBaJ8_kAmitabh Bachchan’s NFT collection has been auctioned for $966,000 (about Rs 7.18 crore).The bidding for this collection began on November 1 and closed on Nov 4.The items in the collection included a recital of Bachchan’s father’s famous poem “Madhushala”And, Bachchan’s autographed vintage posters, items associated with his identity and stardom.NFTs have opened a new realm of opportunities to engage with my fans, the actor saidThe highest-auctioned item was the “Madhushala” poem recitalIt crossed a total of $756,000 (roughly Rs. 5.5 crores) by the time the bidding closedThe auction was organised by Beyondlife.Club powered by Guardian Link.NFT is a unit of…

https://youtu.be/xC_-jalVgvoLet’s get introduced to a young girl who developed an alternative to plastic grow bags that harm nature. Srija, a Class IX student who hails from the Gadwal district in Telangana, is now on cloud nine after her environment-friendly idea grabbed people’s attention. Every year the students of Zilla Parishad High School in Chintalkunta participate in the annual sapling planting drive. In 2020, when Srija was digging the soil to plant a sapling, she found a plastic bag. This triggered Srija to think of a sustainable solution to raise seedlings. She researched and brought about a biodegradable planter made from groundnut shell…

https://youtu.be/ir24Y5pWaCsInvestors lose millions after they piled into a cryptocurrency inspired by ‘Squid Game’.Squid Game is a popular survival series on Netflix.The cryptocurrency Squid began trading early last week at a price of just one penny per token.It drew attention from several mainstream media outlets.On Monday, it was trading at $38 a token on a cryptocurrency exchange called Pancakeswap.Later the token’s value grew from $628.33 to $2,856.65, as per a crypto data tracking site.Then, five minutes later, it traded at $0.0007.However, the reasons behind Squid’s collapse weren’t clear.

https://youtu.be/c36ehJS6UR0Paytm is considering Bitcoin offerings.The digital payments pioneer will consider the offer if Bitcoin gets legalised in India.”The rules around bitcoin remain in a “grey area,” CFO Madhur Deora said. RBI had banned cryptocurrency trading until the courts lifted the prohibitions in March 2020.Since then, the government has considered the adoption of crypto legislation.But, the RBI remains highly critical and continues to advocate for its ban.

https://youtu.be/LOgN9j3ft2ASoon after Facebook, Microsoft has jumped on the metaverse bandwagon.Microsoft has announced two new solutions at its Ignite 2021 event. “We are creating an entirely new platform layer, which is the metaverse,” Microsoft CEO Satya Nadela said.Microsoft announced the launch of a new solution, Mesh for Teams in 2022. This will enable users to be present in a meeting using personalised avatars And, immersive spaces that can be accessed from any device, with no special equipment. It has also announced the launch of Dynamics 365 Connected Spaces.This will provide a new perspective on the way people move and interact with any space.

https://youtu.be/Qk7TWuk_h8A Around 10,000 electric vehicle charging stations will be set up by IOC in the three years. IOC aims to push electric vehicle adoption by making more charging stations available. The presence of charging stations will improve convenience for EV users. As many as 2,000 EV charging stations will be installed by next year, a media report said. And, 8,000 in the next two years to achieve the target of 10,000 EV stations in three years.