Author: News Desk
A Malayalee startup shined in the season 1 of India’s notable business reality show, Shark Tank India. The Malayalee youths asked shark tank investors 50 lakh for 5% equity and got Rs 60 lakh in the final deal. Kochi-based agritech company Brainwired is the startup that has caught the attention of investors. Ashneer Grover, Peyush Bansal, Namita Thapar and Aman Gupta invested in Brainwired. Brainwired founders Sreeshankar S Nair and Romeo P Jerard promote animal health through their startup . Romeo and Sreeshankar had the dream of becoming entrepreneurs while studying engineering at the TalkH Institute of Science and Technology…
Apple Inc has asked its contract manufacturers to increase the production outside China India and Vietnam are among the countries that are being seen as an alternative option to China Over 90 per cent of Apple products including iPhones, iPads and MacBook laptops are manufactured in China by outside contractors Apples expected to influence the thinking of other Western companies for reducing their dependency on China The lockdowns imposed in Shanghai and other cities as part of China’s anti-Covid policy have disrupted the supply chain Apple sees India as the closest thing to the next China as both of them…
The last two years have made QR codes quite popular. A convenient form that allows users to avoid contact with objects and close interactions with other people, it has been a blessing during the pandemic period. Ever wondered how QR code functions? We are here to explain the anatomy of QR Codes. QR codes and bar codes hail from the same family. The difference is bar codes store information horizontally along the axis while QR codes carry data in both vertical and horizontal axes. This arrangement allows QR codes to store more information than bar codes. One needs a camera…
Telecom Regulatory Authority of India (Trai) is contemplating implementing a caller identification mechanism Caller’s KYC-based name to flash on phone screens when someone calls TRAI has received a reference to begin consultation on the same from the Department of Telecom (DoT) It would be a significant move if executed as the mechanism will identify callers as per their KYC And bring greater transparency than some apps that identify callers based on crowdsourcing data TRAI has also implemented blockchain technology to curb the problem of unsolicited commercial communication (UCC) or spam calls and messages
Ecologist Dr Manju Vasudevan and her team started Forest Post in 2017 with the aim to create livelihood opportunities for basically three tribal communities near the Chalakudy and Karuvannur river basins in Kerala. Let’s take a look at the story of Forest Post. The communities – Kadar, Malayar, and Muthuvar – are entirely forest dependent. Dr Manju who was in touch with them wanted to develop a livelihood solution for them based on the knowledge and wisdom of these indigenous communities. The programme started as an offshoot of some of the work Manju and her team were doing on forest…
The DGCA has granted Jet Airways its air operator’s certificate Officially paving the way for the grounded airline to take to the skies once again The airline intends to restart commercial flight operations in the July-September quarter With DGCA officials on board, the airline had successfully operated five proving flights on May 15 and 17 Jet Airways’ flying licence or AOP was made dormant, months after it stopped flying
The Saudi Tourism Authority and EaseMyTrip have signed a Memorandum of Understanding (MoU) It is to boost inbound tourism to Saudi Arabia by leveraging the company’s travel network The entities will explore opportunities to jointly collaborate on key initiatives It will undertake various activities to promote and develop quality tourism experiences in Saudi Arabia And expand their presence in the Indian market easeMyTrip will raise destination awareness in India, and amplify Saudi Arabia’s diverse travel experiences It will also undertake various online and offline initiatives
Mastercard to allow shoppers to pay with a smile or wave of the handThe new biometric payment system is being piloted in Brazil One won’t be needing a card or a mobile phone at checkout Mastercard said the benefits of the technology include faster transaction times, better security, and a more hygienic process The contactless biometric technology is set to reach $18.6 billion by 2026 Mastercard’s program follows similar moves by rivals like Visa and Amazon who are developing their own biometric systems Shoppers in Brazil will be the first to pilot the new system this week
Stellantis Group plans to launch its first electric vehicle (EV) in India in 2023 The company wants to source components from India It will launch the EV under the Citroen brand With Jeep growing steadily in India, Stellantis plans to cater to the core of the B segment market With a hatchback, an SUV, and an MPV in the coming three years All these models will come with an electric powertrain
Electric Vehicles’ smart EV charging system makes charging super cool and easy The last few years have witnessed the Electric Vehicles (EV) gaining momentum across the world. Hailed as a perfect alternative to petrol and diesel vehicles, EVs promise a decarbonized society. Like world nations, India is also investing in electric vehicles with its EV market expected to hit a CAGR of 90 per cent by 2030.As part of the efforts to establish Electric Vehicles in India, the country is envisioning a cloud-based smart system for EV charging. The ‘Smart EV charging’ is a system where electric vehicles, charging stations and charging operators are connected by sharing data links. Contrary to the conventional charging devices, this system allows the charging station owner to…