A National Hydrogen Mission has been announced by India to establish a roadmap for the use of hydrogen as an energy source. The plan has the ability to transform the transport system. In order to harness the energy potential of the most abundant element in the universe, hydrogen, India has traditionally made an uncharacteristically early […]
Category Archives: Business
18
Feb
Feb
Adidas AG, a German sportswear manufacturer brand is planning to sell or spin-off its struggling Reebok brand. Adidas bought Reebok 15 years ago to compete with their arch-rivals Nike. Adidas stated that the company has decided to start the initial process of divesting Reebok as a part of a five-year strategy, that it expects to […]
18
Feb
Feb
TATA group is all set to acquire around 68% stake in BigBasket for INR 9,500 crores as it is planning to expand in the fast growing ecommerce in India. TATA is one of the large conglomerates which has been looking to gain majority control in Bengaluru based BigBasket which handles around 1.2 million orders per […]
18
Feb
Feb
On Wednesday, The Union Government launched the scheme for telecom and networking products over five years. The outlay was for INR 12,195 crores for the Production Linked Incentive scheme (PLI) which will be in operation from April 1, 2021. The aim for the scheme is to make India a global hub for manufacturing telecom equipment and the […]
India’s nutraceutical industry is expected to grow at a 10.3% growth rate during 2020-2026. The key factors that accelerate the growth of the market in the country are rising per capita income, awareness related to health, high prevalence of chronic diseases, and easy availability of nutraceuticals. The Food Safety and Standards Authority of India (FSSAI) […]
18
Feb
Feb
On Wednesday, the social media platform, Facebook started blocking users from sharing and viewing Australian news. Facebook has done this because of a proposed law in Australia that would want social media and digital giants to pay news publishers for content. The statement of Facebook has come after Treasurer Josh Frydenberg defined it as “very […]
Global WiGig market is projected to exhibit a significant growth, at a CAGR of around 25.8%, during the forecast period. the high penetration of premium smartphone brands with flagship offerings and other electronic devices, increasing demand for WiGig. IoT is becoming more common and is seen as the third wave of technology. WiGig is becoming a […]
Global digital assistant in healthcare market is projected to exhibit a significant growth, at a CAGR of around 35.0%, during the forecast period. AI-based chat bots and other applications further support in providing care to an individual by offering nursing assistance facility even after discharge from the hospital. This feature aids in simplifying the facility of […]
Global deception technology market is projected to exhibit a significant growth, at a CAGR of around 14.8%, during the forecast period. The trend of BYOD is rising across the globe; however, corporates always have the risk of security as the employees access the company’s information and applications on their own device. More than 75% of the […]
The number of bank branches seems to be reduced; however, the demand for in branch banking is continuously increasing. Here, the bank kiosks are considered as an ideal solution to bring branches into the digitalized age, in turn, enhances the banking experience. There is an increasing trend of self-service depositing method for checks in the […]