Emotorad will be soon launching a heavy-duty electric cycle- Cosmos- for last mile delivery in India. It will launch in India in the next three months, an official said. Emotorad is a Pune based electric vehicle startup, which is going to launch this vehicle for the delivery segment, so that the heavy work can also […]
Category Archives: News
Reliance Jio Infocomm Ltd., plans to build a data centre in Uttar Pradesh on an investment of around $950 million, two people who are the part of this development stated that the data centre which will be introduced in India may be powered by its own renewable energy plant. “This is an important focus area […]
State Bank of India (SBI) is an Indian multinational and financial statutory body and it is 43rd largest bank in the world. The headquarters of SBI is situated in Mumbai, Maharashtra. State Bank of India is expected to tied up with JP Morgan to use new technology for the better services. SBI to use the […]
In order to stabilize from negative for fiscal 2021-2022, India Ratings and Research revised its outlook on the overall banking sector on Monday, even as it sees higher stress emerging in the retail loan segment going forward. The outlook for public sector banks (PSBs) has been revised to positive from negative, and the agency appears […]
As huge inflows into the nation’s capital markets help the currency break through the intervention barrier of the central bank, the Indian rupee is turning a corner. Last year, Asia’s poorest currency is now among its top performers. The rupee has risen 0.6% against the dollar this year, and there are signs it might continue […]
Apple is fast diversifying its production to markets like India to minimize the impact of the US-China trade war and COVID-19 crisis. Apple Inc. is planning to participate in a new scheme launched with a $6.7 billion plan by the Indian government, as PM Narendra Modi stepped up efforts to promote electronics manufacturing to boost […]
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Mamaearth, a personal care brand, which is being run by Honasa Consumer Pvt Ltd (HCPL) has achieved an annualized revenue run rate of Rs. 500 crores and the company is planning to double the revenue run rate in upcoming years. The company needs more people to achieve its objectives, 300 people are already in the […]
IBM is preparing to sell its Watson Health company in San Francisco, which generates almost $1 billion in annual sales, but is not profitable. IBM’s CEO Arvind Krishna is making moves to streamline the company and become more competitive in cloud computing, an employee announced that IBM is considering a potential sale of its Watson […]
Alphabet Inc’s Google fired staff scientist Margaret Mitchell, , that Google said in a statement that Mitchell had violated the company’s code of conduct and safety policies by moving electronic files outside the company. Mitchell, who announced her on Twitter, did not respond to a request for comment. Google’s code of conduct for artificial intelligence […]
DigiLocker is a flagship initiative of the Ministry of Electronics and IT department under Digital India Corporation. To digitally empower the citizen of India, the government officially recognizes paperless documents by eliminating the need to produce original documents. To take this initiative one step ahead, union minister V Muraleedharan inaugurated the new program which would […]