Author: News Desk

At a time when the world is fast shifting to a digital economy, digital democracy rules the roost. This was the key point made by Kerala Assembly Speaker P. Sreeramakrishnan during an interaction with startup founders from the state at Kochi Integrated Startup Complex. He said startups should be able to address problems plaguing the society. “We tend to make controversies over development,” the Speaker rued at the fireside chat, calling to shed the tendency to make progress. Sreeramakrishnan also feels a need for social engineering to put the state on a higher growth trajectory. The Speaker maintains that startups need a permanent platform for mutual…

Reliance Jio launches new JioPhone with unlimited voice calls and data for two years Offer packs worth Rs 1,999 will provide unlimited voice call and data for two years JioPhone device with one-year unlimited services will be available for Rs 1,499 The latest offer will be available from March 1, across Reliance Retail and Jio retailers Jio estimates that feature phone users pay Rs 1.2-Rs 1.5 every minute of voice call and Rs 45-50 every month The project aims to uplift 2G users to the world of 5G

SBI partners with JP Morgan for Blockchain technology In a bid to speed up SBI’s overseas transactions by employing blockchain tech Expects to reduce the customers’ transactions costs and time taken for payments Will help reduce time taken for cross-border payment queries from a fortnight to few hours Blockchain is a digital ledger of transactions which are hack proof SBI will use JP Morgan’s Liink, a global blockchain tech meant for P2P communications

ShareChat looking to raise $200 million from Tencent ShareChat is India’s regional language-focussed social media platform Investment is likely to come from a European entity to circumvent India’s FDI rules As per amended FDI rules, Investments from border countries require prior approval from govt ShareChat also counts China-based companies Shunwei Capital and Xiaomi as investors Leading Indian startups Flipkart, Ola, Swiggy and BYJU’S are part of Tencent’s portfolio ShareChat has over 160 million users across 15 Indic languages

2024 ഓടെ 1000 Khelo India കേന്ദ്രങ്ങൾ കായിക മന്ത്രാലയം വികസിപ്പിക്കും ഇന്ത്യയിലെ കായിക പ്രതിഭകളെ പ്രോത്സാഹിപ്പിക്കുന്നതിനാണ് Khelo India സെന്റർ തിരഞ്ഞെടുത്ത കായിക ഇനങ്ങളിൽ 8 വർഷത്തിനുള്ളിൽ പ്രതിഭകളെ വാർത്തെടുക്കും ആഗോളതലത്തിൽ മത്സരിക്കുന്നതിന് 15000 ത്തോളം കളിക്കാരെയാണ് പരിശീലിപ്പിച്ചെടുക്കുക കായിക താരങ്ങൾക്കായി ഇൻഫ്രാസ്ട്രക്ചർ വികസിപ്പിക്കുകയും ചെയ്യും 2028ലെ ഒളിമ്പിക്സ് മെഡൽ പട്ടികയിൽ ഇന്ത്യയെ ആദ്യ പത്തിലെത്തിക്കുകയാണ് ലക്ഷ്യം ഇന്ത്യയുടെ കായിക പ്രതിഭകളെ വളർത്താൻ നിരവധി പദ്ധതികൾ കേന്ദ്രം തയ്യാറാക്കിയിട്ടുണ്ട് 2021 ഡിസംബറോടെ ഒരു ലക്ഷം Fit India ക്ലബ്ബുകൾ സ്ഥാപിക്കുന്നതിനും പദ്ധതിയിടുന്നു നാഷണൽ സ്പോർട്സ് യൂണിവേഴ്സിറ്റി 2023-24 ഓടെ പൂർണ്ണ പ്രവർത്തനക്ഷമമാക്കും National Centre for Sports Coaching 2023-24 നകം പ്രവർത്തന സജ്ജമാക്കും ഫിറ്റ്‌നെസും അടിസ്ഥാന കായിക ഇനങ്ങളും അധ്യാപക പരിശീലനത്തിന് ഒരു വിഷയമായി മാറ്റും National Sports Education Board രൂപീകരിക്കേണ്ടത് ആവശ്യമാണെന്നും വിലയിരുത്തുന്നു

India Toy Fair 2021 to be held from February 27 to March 2 The virtual event will have over 1200 participants An opportunity to learn about and buy variety of toys There will be Craft Demonstration, Toy Design Challenge and Product Launch The event also provides a chance to interact with experts from different areas of the industry Webinar and panel discussions will provide in-depth idea about toys Toy makers, distributors and investors will converge on the platform MSMEs, startups and artisans will also be a part of the fair For children, there will be activity-related learning sessions It will…

The Central government has announced new guidelines for social media and OTT platforms as part of its efforts to curb abuse. IT Minister Ravi Shankar Prasad and Information and Broadcasting Minister Prakash Javadekar jointly presented the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules 2021 at a press conference. As per new norms, posts or tweets that are offensive to women should be removed within 24 hours of receiving a complaint. A three-tier grievance redressal mechanism will be introduced for social media. The first level involves the publisher, the second is self-regulatory body and the third the I&B…

Xiaomi ramps up manufacturing operations in India Manu Kumar Jain, Xiaomi India head, says 100% of Mi Smart TVs are now ‘Made in India’ Also, 99% of Xiaomi smartphones are being locally assembled COVID-19 induced disruption in the supply chain led to the paradigm shift Xiaomi has been making smartphones in India for the last five years in partnership with Foxconn & Flex Xiaomi India generated employment for over 10,000 individuals in 2020, said Jain The smartphone brand debuted in India in 2014 Xiaomi is currently the world’s third-largest smartphone brand

Fintech Unicorn Razorpay plans to raise $200 million from existing investors GIC, the sovereign wealth fund of the Singapore govt, is an existing investor in Razorpay Post the funding, the startup will be valued at $2 Billion In October last year, Razorpay became the fifth fintech startup to enter the unicorn club Razorpay reported revenue of Rs 519.42 crore in FY20 Airtel, BookMyShow, Facebook, Ola, Zomato, Swiggy, Cred, and ICICI Prudential are Razorpay’s clients In 2020, Fintech became the most funded sector

Flipkart to add 25,000 EVs to its fleet by 2030 EV charging stations will be set up at its delivery hubs and offices The e-commerce major had said it would change its entire fleet to EVs within this decade It had also joined The Climate Group’s global electric mobility initiative ‘EV100’ The initiative brings together companies eyeing complete EV transition The company aims to pilot 450 two and three-wheeler EVs across multiple cities Leading EV makers Hero Electric, Mahindra Electric and Piaggio partnered with Flipkart for the same