Sunday, November 24

Tag: India

India’s First Electric Car That Will Run 200 km On a Single Charge
Story

India’s First Electric Car That Will Run 200 km On a Single Charge

Hriman Motors LLP, a Delhi-headquartered startup, is working on building a serious 2 Seater electric car with a battery that will never need to be replaced. The RT90 will offer a 4G Connected IoT platform, with 200 kms max travel range per charge. A single charge will take about 10 mins on a fast DC Charger and 1-2 hours on an AC Charger. Currently, the test horse is undergoing road trials and expect to see the car by mid of 2018. You may buy it and drive it at 50 paise per km or choose a Total Cost of Ownership model where you can expect getting an electric car in your home by paying just 6 to 8 rupees per km and no other hidden cost and zero down payment. People with good credit will be able to walk in a dealership swipe their credit card for 600 rupees and drive out with the IoT e...
RBI To Issue Chocolaty New Rs 10 Notes
INDIA

RBI To Issue Chocolaty New Rs 10 Notes

The Reserve Bank of India will be issuing new Rs 10 notes under Mahatma Gandhi series. The new Rs 10 notes will soon be available in chocolate brown color as the base with a picture of Konark Sun Temple. As per the source, the government has already printed around 1 billion pieces of the new Rs 10 note. It was only last week that the designed got approved by the government, which has not been changed since 2005. The new Rs 200 and Rs 50 notes were launched in August 2017 under the Mahatma Gandhi series. The aim of introducing new notes of lower denominations is solely to prevent counterfeiting of notes and promote digital economy. The government has been trying hard to promote digital money, i.e. payments by debit, credit cards or digital wallet in a bid to eliminate black money o...
Breaking: First Indian Airline Which Operates Record 1000 Flights Daily
BUSINESS

Breaking: First Indian Airline Which Operates Record 1000 Flights Daily

Budget carrier IndiGo has become the first Indian airline to operate over 1,000 daily flights across its domestic and international network. Besides, the Gurgaon-based airline has also attained a fleet size of 150 aircraft with the induction of one more A320 Neo plane, it said in a release today. The dual feat was achieved on Friday, it said. Flight 6E 185 from Mumbai to Cochin took off on December 22 at 23.15 pm to become 1,000th flight for the first time in the history of Indian civil aviation, the airline said. IndiGo also took the delivery of its 31st Airbus A-320 Neo aircraft on the same day, which raised its fleet size to 150 aircraft, it said. IndiGo is the second airline in the country with a fleet size of 150 planes after disinvestment-bound flag carrier Air India. ...
TCS Secures Record $2.25 Billion Deal From Nielsen
INDIA

TCS Secures Record $2.25 Billion Deal From Nielsen

Those who are saying that the days of Indian IT industries are over are now yet to rethink because one of India's leading IT exporter Tata Consultancy Services (TCS) has bagged a record USD 2.25-billion outsourcing contract from Nielsen, a television rating measurement firm. The partnership, signed in October this year, is a renewal of TCS existing collaboration with Nielsen. The two companies had struck a 10-year deal in 2008 for USD 1.2 billion, which was expanded to USD 2.5 billion in 2013. Under the new deal, the terms of the agreement have been extended for an additional five years so as to expire on December 31, 2025, with three one-year renewal options granted to Nielsen, the TV rating company said in a regulatory filing to the US SEC. "Nielsen has committed to purchase servic...
Free speech cannot be absolute, should not be trampled upon:VP
INDIA

Free speech cannot be absolute, should not be trampled upon:VP

Vice President Venkaiah Naidu said today that freedom of speech and expression cannot be "absolute" but it should also not be trampled upon. Naidu, who was the Information and Broadcasting Minister before getting elected as the vice president, said he was "not pleased" with India's ranking in the World Press Freedom Index. This issue should be addressed by strengthening medias independence, ensuring transparent flow of information, making legal framework more coherent and ensuring safety of journalists, he said. India's World Press Freedom Index ranking plunged to 136 in 2017. Naidu, in his keynote address at the Ramnath Goenka Awards for Excellence in Journalism, also said that he twice expressed the desire before Prime Minister Narendra Modi to retire from active politics and...
There is no substitute to hard work: President tells children
INSPIRATIONAL

There is no substitute to hard work: President tells children

President Ram Nath Kovind today said there is no substitute to hard work and asked children to strive to achieve their goals in life. Addressing students at a programme organised by a government school at Raj Bhavan premises, he said children must set themselves goals and strive hard to achieve them. "There is no substitute to hard work and only through hard work they can rise in life. Children have to set themselves goals and strive hard to achieve them," an official release quoted Kovind as saying at the event. Children should be satisfied with whatever they have and always think positive. They should aspire to reach the top and there is no shortcut to reach there, he said. The president said no goal is difficult to reach if there is a will to achieve it, Kovind said. Kovi...
Indian Government Will Bear Merchant Charges On Debit Cards To Promote Digital Transactions
INDIA

Indian Government Will Bear Merchant Charges On Debit Cards To Promote Digital Transactions

Indian government is trying to encourage small shopkeepers to accept electronic payments, by bearing the merchant charges, that one needs to pay to the banks, on purchases of up to Rs 2,000 starting January 1, 2018. The subsidy will be provided to the small shop owners who now need to pay a fees to the banks for transactions through Debit cards, BHIM or Aadhaar. In India, where the average debit transaction value is just Rs 1,500, accepting debit cards for payments will become as cheap as accepting cards for small merchants. This news was announced by IT minister Ravi Shankar Prasad, saying that government is implementing measures to accelerate digital payments in the country. Also a committee of secretaries has been set-up to ensure that no misuse of subsidy occurs and that benefits...
Google Search Trends 2017: Mukesh Ambani Top Trending Business Leader, Sunny Leone Top Trending Entertainer
News

Google Search Trends 2017: Mukesh Ambani Top Trending Business Leader, Sunny Leone Top Trending Entertainer

India's most valued company Reliance Industries Limited chairman Mukesha Ambani and wife Nita Ambani topped the trending business leaders list in Google Search in 2017. The most valued couple is followed by other business leaders who appeared quite frequently in the news of 2017. Azim Premji, chairman of Wipro Limited made it to the third position, followed by Vishal Sikka, Nandan Nilekani, Gautam Adani, Anand Mahindra, Vijay Shekhar Sharma, N. Chandrasekaran and Uday Kotak. Google announced the trending search results on Wednesday. The analytic shows the popular search is different fields such as Bollywood, entertainment, business, songs, lyrics, videos, memes and many more. They can be viewed here! This year, Bollywood and Cricket seemed to dominate the search engine. Bahubali 2...
After Facing Outrage On Social Media, Zomato Takes Down “Offensive and Sexist” Outdoor Ad Campaign
News

After Facing Outrage On Social Media, Zomato Takes Down “Offensive and Sexist” Outdoor Ad Campaign

Restaurant discovery and food ordering app Zomato found itself surrounded by allegations and outrage on social media when its new controversial outdoor ad campaign began. People called it "vulgar", "sickened", "outrageous" and Zomato's cheap attempt to gain publicity.   Shame on you @ZomatoIN ! Absolutely shameful what you’ve attempted to do. Your investors should be sickened by your behaviour! @smritiirani : this is outrageous. @ascionline pic.twitter.com/pSChhHSrxo — SUHEL SETH (@suhelseth) November 30, 2017 The controversial ad written by Akshar Pathak, Zomato’s art director has bold white letters MC. BC. for mac & cheese and butter chicken written in white bold against a red background. The ad highlights these Hindi language expletives to attract attention, which e...
India sees growth rebound as businesses adjust to GST
INDIA

India sees growth rebound as businesses adjust to GST

India’s economic growth rebounded in the three months ending in September, halting a five-quarter slide as businesses started to overcome teething troubles after the bumpy launch of a national sales tax. Data released on Thursday showing faster growth could help Prime Minister Narendra Modi, who has been facing criticism over the hasty July launch of a goods and services tax (GST). The tax was aimed at transforming India’s 29 states into a single customs union but it has hit millions of small businesses due to complex rules and technical glitches.  Gross domestic product grew 6.3 percent in July-September, its fastest pace in three quarters, compared with 7.5 percent a year earlier, the data showed. Analysts polled by Reuters had forecast annual growth of 6.4 percent in the q...
Nissan Sues India Over Outstanding Dues; Seeks Over $770M
INDIA

Nissan Sues India Over Outstanding Dues; Seeks Over $770M

Japanese automaker Nissan Motor has begun international arbitration against India to seek more than $770 million in a dispute over unpaid state incentives, according to a person familiar with the matter and documents reviewed by Reuters. In a legal notice sent to Prime Minister Narendra Modi last year, Nissan sought payment of incentives due from the Tamil Nadu government as part of a 2008 agreement to set up a car manufacturing plant in the southern state. According to the notice, Nissan said repeated requests to state officials for the payment, due in 2015, were overlooked and even a plea by the company’s chairman, Carlos Ghosn, to Modi in March of last year seeking federal assistance did not yield any results. The notice, sent by Nissan’s lawyers in July 2016, was followed by more th...
Facebook Says Over 40 Lakh Indians Pledged For Blood Donation
INSPIRATIONAL

Facebook Says Over 40 Lakh Indians Pledged For Blood Donation

[dropcap]O[/dropcap]ver 40 lakh people in India have signed up as blood donors on Facebook since it pioneered the feature in October, the first in any country, the social media giant has announced. At its second annual Social Good Forum yesterday in New York, Facebook said it will roll out the blood donation feature in Bangladesh early next year, as it unveiled a host of new tools and initiatives for communities to help people. Facebook had in October launched a new blood donations feature, starting in India, to make it easier for people to donate blood. "There are now more than 4 million blood donors signed up on Facebook in India," said Naomi Gleit, Facebooks vice president of social good. In addition to enabling people in need to connect to blood donors, our tools also a...