PM Modi launches ‘Garib Kalyan Rojgar Abhiyaan’ to create infra, jobs in rural India !!

New Delhi: PM Modi launches ‘Garib Kalyan Rojgar Abhiyaan’ to create infra, jobs in rural India. Prime Minister Narendra Modi on Saturday launched ‘Garib Kalyan Rojgar Abhiyaan’ to boost livelihood of opportunities in rural India amid the COVID-19 crisis. The Prime Minister flagged off the Abhiyan from village Telihar in Bihar’s Khagaria district via video-conferencing. The campaign of 125 days across 116 districts in 6 states aims to work in mission mode to help the migrant workers. It will involve intensified and focused implementation of 25 different types of works…

Startup Watchlist: Indian Electric Vehicle Startups To Watch Out For In 2020 !!

India is forecasted to become the fourth-largest market for EVs by 2040. In the past couple of years, the country has observed a behemoth of electric vehicle startups majorly targeting the shared mobility segment. Which electric vehicle startups have the potential to outshine the competition in 2020? The Startup Watchlist, an annual series in which we list the top startups to watch out for in 2020 from industries such as agritech, deeptech, logistics, healthtech, edtech and more. Explore all the stories from the ‘Startup Watchlist’ 2020 series here. When 16-year-old…

Mukesh Ambani Makes Reliance Net Debt-Free Ahead Of Its March 2021 Target !!

Mumbai: India’s most valuable company Reliance Industries Limited has managed to become net debt-free almost nine months ahead of its set target, thanks to the INR 168,818 Cr fundraising in the last eight weeks. The Mukesh Ambani-led company has raised INR 1.15 Lakh Cr from global tech investors like Facebook, Silver Lake, Vista Equity Partners, General Atlantic, KKR, Mubadala, Abu Dhabi Investment Authority, L Catterton and Public Investment Fund by selling less than a quarter for its digital arm Jio Platforms. Reliance Industries’ chairman and managing director Ambani said, “Over…

Power markets prefer renewable energy amid falling demand: Moody’s

New Delhi: The clean energy transition might be accelerated due to the covid-19 pandemic that has shown that power markets prefer renewable energy amidst falling demand, a Moody’s report suggests. “Coal generation has continued to decline, while renewables have shown more resilience across major markets in the US, Europe, China and India,” stated the report. The power demand in India has fallen by 20% due to the lockdown, with most of the impact on coal generation, they added. Both corporate as well as household power demand are expected to be…

Indian students may give China a miss !!

NEW DELHI: Many Indian students are rejigging plans to study in China this year, given the current border tensions, and are looking at opportunities in the Middle East, Africa and other parts of Asia, while some are waiting it out. Before the Covid-19 outbreak, over 23,000 students from India studied in China, pursuing mainly medicine and management courses, according to experts and official data. Indians were the fourth-largest contingent among foreign students in China. Covid-19 derailed the plans of many Indians to study in China and the recent developments between…

LinkedIn Publishes New Guide on Using its Events and Live-Streaming Tools !!

  With an increasing amount of events going online due to the COVID-19 shutdowns, LinkedIn has this week published a new guide on how you can use its event and live-streaming tools to run engaging digital functions. LinkedIn first launched its native events function in October last year, but made it available to all businesses back in April in order to cater to demand for online event options. LinkedIn expanded on this in May by adding live-streaming functionality within events. The new guide looks at how to utilize these options to best effect, and includes a range…

Massive spying on users of Google’s Chrome shows new security weakness !!

San Francisco:  A newly discovered spyware effort attacked users through 32 million downloads of extensions to Google‘s market-leading Chrome web browser, researchers at Awake Security told Reuters, highlighting the tech industry’s failure to protect browsers as they are used more for email, payroll and other sensitive functions. Alphabet Inc’s Google said it removed more than 70 of the malicious add-ons from its official Chrome Web Store after being alerted by the researchers last month. “When we are alerted of extensions in the Web Store that violate our policies, we take action and use those…

Sterlite Technologies to focus on ‘Make in India’ solutions !!

Pune:  Data network solutions provider Sterlite Technologies NSE 1.52 % said it is working on an end-to-end fibre optical and wireless interconnect ecosystem out of India. The company, which reported a 50% slump in net profit for the quarter ended March on account of the Covid-19 pandemic, said it expects demand to recover in the medium term. “There is a shift to digitisation, which will be irreversible and will continue. Telecom operators world over want to strengthen their network,” said Anand Agarwal, CEO of Sterlite Technologies. Over the last 2…

Their Incomes Affected, Ambala Parents Turning To Government Schools  !!

Ambala,Haryana: Facing financial problems due job loss and pay cut in the wake of the Covid-19 pandemic, parents in Haryana’s Ambala are turning to government schools to reduce their expenses on their children’s education. Some parents said they have been paying a hefty fee but private schools are not ready to give much concession in the present situation. “Private schools are not giving any relaxation in fee despite the fact that they are closed and many of the expenses which they incur in normal times are not there,” said a…

VOOT partners with Cult.Fit, Isha Foundation !!

Online streaming platform, VOOT has announced its association with Cult.Fit, a health and fitness start-up and Isha Foundation, founded by Sadhguru Jaggi Vasudev that aims to bring physical, mental and spiritual wellbeing. According to the company, the partnership opens doorways for its users to seamlessly access the best of fitness workouts and provide solace and guidance on how to stay calm through such trying times. Akash Banerji, head, AVOD business, VOOT, said, “As we battle with uncertainty and tough times, there is a need for positivity and calmness in our daily lives. With digital consumption taking…