EMPOWERING INNOVATION
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TechnoXian World Cup 10.0 to be Hosted in Malaysia; MoU Signed to Bring Global Future Technology Sports Championship to MMU

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Startup Dangal Season 3 Set to Go Bigger: 13-City India Screening Begins in Mumbai

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Drishyam 3 Story Gets AI Twist: Did Artificial Intelligence Help Shape Ajay Devgn’s Final Vijay Salgaonkar Chapter?

Tech firms spot a big opportunity in India !!

A budget proposal to use technology to bring in changes in administration across sectors and deliver citizen services is expected to benefit Indian IT companies, helping them expand their domestic business and build models that they can take globally. “The intent shown by the government means that for the first time companies like Tech Mahindra will be able to build government, citizen and cyber security models in India and then take them outside, instead of it being the other way around,” CD Gurnani, CEO of Tech Mahindra, told ET. Indian IT…

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Pinterest shares techniques to help you make excellent video ads !!

If you’re scrambling for ideas to make thumb-stopping video content, Pinterest may have a few, okay , techniques to help you make video ads that stand out on the platform. Pinterest says that video views on the platform have increased threefold over the last year. To make your videos visually standout, Pinterest advises playing with perspective, white space, color, movement, motion, and depth to make your content feel alive. Pinners love video. In 2020, video views on the platform have increased more than 3x over the previous year. Unlike a…

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L&T Heavy Engineering delivers 1,250 MT-Cryostat to French Nuclear Fusion Project Amid Lockdown !!

L&T Heavy Engineering has announced that its 1,250 MT-Cryostat base, the single largest section of the world’s largest nuclear fusion reactor, was successfully lifted and placed into a reactor building in France, accomplishing a major milestone in the nuclear engineering world. Assembly tools of cryostat were delivered during the lockdown by Larsen & Toubro. The cryostat forms the vacuum-tight container surrounding the reactor vacuum vessel and the superconducting magnets and acts essentially as a very large refrigerator. The reactor base, the single largest and heaviest Tokamak component of the world’s largest…

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Startups Can Now Offer ESOPs For Up To 10 Years Under New MCA Definition !!

The ministry of corporate affairs (MCA), on Friday (June 5), announced that the  Companies (Share Capital and Debenture) Amendment Rules of 2020, under which the government has Extended the employee stock ownership plans (ESOPs), changed definition of startups and also made some regulatory changes in share capital requirement. Under the latest amendment the ministry of corporate affairs has also notified that startups can now offer sweat equity of up to 15% of their paid-up share capital. Besides this, the ministry has decided to change the definition of startups to be…

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Govt. Launches Artificial Intelligence (AI) Website : How Will It Help India’s AI Industry !!

The Indian government  stated that the National Artificial Intelligence (AI) Portal, formed by National Association of Software and Service Companies (Nasscom) and backed from National e-Governance Division of the Ministry of Electronics and Information Technology (MeitY), is now live. The portal’s objective is to function  a one-stop platform for all AI-related advancements in India, with sharing of useful resources like articles, investment funding news for AI startup, AI companies and educational firms on AI in India. The portal will also distribute documents, case studies, research reports etc, and provide learning…

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Apple patents socially-distant selfies !!

Apple has been granted a patent for software that creates socially-distant group selfies.Synthetic Group Selfies, as patent No. 10,672,167 describes them, it would allow users to generate selfies with numerous family members and friends residing at distant, separate locations. The selfie would be created using live or stored still photos and videos. The software would remove backgrounds, resize images and accommodate positioning in front or in back of other individuals as needed to arrange realistic group photos. Users would be able to modify the selfie at any time with stored video…

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Emerging tech from India for the post-pandemic world !!

When oil prices turned absurdly negative in April, it was panic stations at oil and gas supermajors. Europe debated an accelerated shift to renewable energy. Oil rigs in the US turned off their taps as demand plummeted with the global economy’s pause to tackle coronavirus. But the very week when oil prices tanked, a subsea oil company in Houston signed a major deal to deploy an industrial Artificial Intelligence (AI) product from Flutura, a startup in Bengaluru. It turns out for improving a myriad operational efficiencies to reduce costs with…

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Reliance Industries Slips After Abu Dhabi Investment Authority-Reliance Jio Deal !!

Reliance Industries shares surrendered their early gains of nearly 3 % and ended marginally in the red a day after India’s largest conglomerate announced, on Sunday evening, that the Abu Dhabi’s state-owned company ADIA (Abu Dhabi Investment Authority) will purchase a 1.16 % stake in its digital services arm Jio Platforms for Rs 5,683.50 crore through a wholly-owned subsidiary. The shares of Reliance Industries jumped over 2.7 % to the day’s high of Rs 1,624 at opening bell, but lost steam midway through the trading session to end at Rs 1,570,…

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BSNL 200Mbps 1500GB FTTH Plan Extended to More Cities !!

Bharat Sanchar Nigam Limited (BSNL), the state-owned telco, has extended its existing 1500GB FTTH plans to new cities in Tamil Nadu, after introducing it in only Chennai and Telangana circles earlier this year. The BSNL 1500GB Fiber-to-the-Home (FTTH) plan offers a speed of 200Mbps up to 1500GB data with unlimited local and STD calls to any network. After the FUP limit is reached, the speed reduces to 2Mbps. The 1500GB FTTH plan is also introduced in Bhawanipatna city in Odisha, as well as in Puducherry area also. According to a…

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Bank FDs now fetch less than savings accounts !!

Kolkata: It no longer pays to keep your money locked up in a bank. Fixed deposit rates have plummeted in recent months, with short-term rates now hovering very close to or below savings account rates for some banks. Surplus liquidity and sluggish credit growth have forced banks to cut rates of both short-term and long-term deposits, and made savers move to riskier instruments such as debt market mutual funds or even equity assets. Deposit growth shrunk last fiscal and has grown less than 2 % so far in the current…

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