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Sweetner: Centre approves 27 companies under the new IT hardware PLI scheme

November 18, 2023 Vinayak Barot

Virendra Pandit New Delhi: The Centre on Saturday approved incentives for 27 information technology hardware manufacturing firms under the PLI scheme. The “new import management system” is aimed at monitoring shipments of laptops, tablets, and computers into India without hurting market supply or creating a cumbersome licensing regime. These companies receiving approval under the […]

Business

Electricity: ‘By 2050, India’s ACs would consume more power than entire Africa’

October 24, 2023 Vinayak Barot

Virendra Pandit New Delhi: India is geographically larger than Europe, minus Russia’s European part, and the British called the South Asian country a ‘subcontinent.’ By 2050, however, the air-conditioners installed in a rising India will alone consume more electricity than an entire continent—Africa—will do. India’s demand for electricity for running household air conditioners is […]

Business

A new menace: Bedbug epidemic in Paris; rodents ‘take over’ parts of Kolkata

October 5, 2023 Vinayak Barot

Virendra Pandit New Delhi: India’s Kolkata is waiting for a pied-piper to rid the metropolis of its innumerable rodents who are eating even a ‘bridge like a cake’. Thousands of miles away, the French are faced with an unprecedented ‘national emergency’ and praying to keep the bedbug menace away lest it repel the millions […]

Business

Microfinance: Obama, Hillary, and over 160 others urge Dhaka to acquit Nobel Laureate M. Yunus

September 1, 2023 Vinayak Barot

Virendra Pandit New Delhi: Former US President Barack Obama, ex-Secretary of State Hillary Clinton, and over 160 other global leaders have urged Bangladesh to suspend ongoing legal action against Muhammad Yunus, Nobel Laureate and the Father of Microfinance. Concerned over a string of court cases against Professor Muhammad Yunus, 83, these global leaders, in […]

Business

Quick commerce: Zepto, India’s 1st unicorn in 2023, raises $200 mn in Series E

August 25, 2023 Vinayak Barot

Virendra Pandit New Delhi: During the COVID-19 pandemic, the two Mumbaikars, both just 19, dropped out of Stanford University and launched their startup, and now each of them has a net worth of over Rs. 1,000 crore. No wonder, their startup Zepto on Friday raised USD 200 million at an evaluation of USD 1.4 […]

Business

Lifestyle: Fruits and veg brand Pluckk partners with Kareena Kapoor Khan

August 10, 2023 Vinayak Barot

Mumbai: Pluckk, India’s leading lifestyle-oriented fresh fruit and vegetables brand, has partnered with actor Kareena Kapoor Khan as an investor and brand ambassador. Mumbai-based Pluckk, India’s first plastic-neutral f&v brand founded in 2021, offers over 400 items across more than 15 categories, including essentials, exotics, hydroponics, and cuts and mixes. The diverse catalog also includes […]

Business

JioSaavn Pro: Jio launches plans for music lovers

June 9, 2023 virendra pandit

Ahmedabad: Jio has introduced JioSaavn Pro subscription bundled prepaid plans for its subscribers who love music. The initiative enables customers to consolidate their connectivity and music subscriptions, removing the need for separate purchases, Jio said in a release on Friday. The JioSaavn Pro bundled recharge plans provide a seamless and uninterrupted music experience, with a […]

Business

Roving Periscope: Canada’s wildfires affect over 100 million Americans

June 8, 2023 virendra pandit

Virendra Pandit New Delhi: To many North Indians, especially Delhites, “smog” is routine at the onset of winter each year, when palls of smoke from stubble burning in agricultural fields of Punjab, Haryana, Rajasthan, and Uttar Pradesh, combine with vehicular and industrial pollution and fog, that creates apocalyptic scenes, despite the government’s routine assurances. […]

English

UN warning: Global temperature likely to rise by 1.5C by 2027

May 18, 2023 Vinayak Barot

New Delhi, May 18: A report has been published by the United Nations and the World Meteorological Organisation, and according to the available data and records, it has shown the possibility of increasing the temperature in the next five years. This report is being considered as a warning by the United Nations. The World Meteorological […]

Business

No shell company in Mauritius; Hindenburg allegations ‘false, baseless’: Mauritius Min tells Parliament

May 10, 2023 Vinayak Barot

Port Louis/ New Delhi, May 10, In a boost to the embattled Adani Group, Mauritian Financial Services Minister Mahen Kumar Seeruttun has told the nation’s Parliament that Hindenburg Research’s allegations of the presence of ‘shell’ companies in the Island nation are ‘false and baseless’ and that Mauritius was in compliance with OECD-mandated tax rules. US […]