Top Trending Technology News & Highlights
Operations at Zepto Cafe Are Halted in Several Cities
Zepto Cafe, the company's rapid meal delivery division, has temporarily ceased operations in a number of minor cities, primarily in northern India. Over 400 workers have been impacted by the 44 eateries that have suspended operations. By the conclusion of the upcoming quarter, the business now anticipates starting up again in these areas.Platform for rapid trade According to persons familiar with the situation, Zepto has suspended operations of its 10-minute food delivery vertical, Zepto Cafe, in a number of locations, including Delhi, Agra, Chandigarh, Mohali, Amritsar, and Meerut, because of supply chain problems, ETtech reported. This will affect how 44 Zepto Cafe locations operate.Platform for rapid trade Zepto has suspended Zepto Cafe, its 10-minute meal delivery service, in several North Indian towns. The company has temporarily halted the services because of supply chain problems, according to a report by Economic Times. According to the article, 44 Zepto Cafe locations in the area will be impacted by the company's decision. About 700 gig workers have been impacted by the company's decision to stop providing the service. According to the Economic Times, Zepto Cafe's services were suspended in April of this year because the company was unable to meet quality standards due to the spike in demand. Zepto Cafe received greater demand than anticipated, hence the decision was made to halt operations in these cities. Meeting the volumes without sacrificing quality proved challenging, the individual with knowledge of the situation told ET.
Published 23 May 2025 08:14 PM
Uttar Pradeshs Sarathi app was shut down for maintenance.
Every RTO in Uttar Pradesh is experiencing operational disruptions, and staff are working to quickly resolve the situation.According to regional transport office (RTO) authorities on Friday, maintenance work on Sarathi software, which is used for processing work under the Union transport ministry, has disrupted the operation of processing driving licenses throughout Uttar Pradesh, including in Noida, since Thursday. Between 300 and 350 persons visit the Noida regional transport office on a daily basis, according to officials, seeking licenses and other related work."Vahan, a program for vehicle registration, and Sarathi, a program for driving licenses, are the two primary apps. We learned from Lucknow that Sarathi will be undergoing some maintenance from Thursday at 10 a.m. until Saturday at noon, according to Siyaram Verma, the assistant regional transport officer (ARTO-administration) for Gautam Budh Nagar."Activities related to driving licenses, like obtaining a learners' permit, a primary license, renewing a license abroad, changing one's name or address, etc., have ceased," Verma stated. "I had no idea that the website was being maintained. The application was down, an official told me when I arrived to the RTO in Noida after traveling 35 kilometers," said Greater Noida resident Rajesh Yadav."The affected work is present in all Uttar Pradesh RTOs. An RTO representative stated, "Our specialists are working to fix the application as quickly as feasible.
Published 06 Jun 2024 11:30 AM
Best Midsize Car of the Year Texas Auto Writers Associations Annual Auto Roundup, 2024 Hyundai Sonata
DECATUR, Texas, May 22, 2024 /PRNewswire/ -- The Texas Auto Writers Association (TAWA) annual Auto Roundup, which took place on April 23–24, 2024, has crowned the 2024 Hyundai Sonata the finest midsize car. Leading automotive journalists from Texas get together for the TAWA Auto Roundup, a major event in the industry, to assess the newest models on factors including overall appeal, performance, value, and safety.The 2024 Hyundai Sonata is honored with this accolade for its amazing value, superior performance, cutting-edge technology, and superb design. The Sonata outperformed a competitive field of competitors by impressing the TAWA judges with its cutting-edge features, fashionable appearance, and dedication to providing an outstanding driving experience.Senior vice president of product planning and mobility strategy at Hyundai Motor North America Olabisi Boyle commented, "We are immensely honored to receive this recognition from the Texas Auto Writers Association." "Our dedication to innovation, quality, and customer pleasure is embodied in the Hyundai Sonata 2024. This honor recognizes the diligence and commitment of our whole team."According to Cory Fourniquet, president of the Texas Auto Writers Association, "The Hyundai Sonata impressed our judges with its attention to detail throughout, like the color-matched switchgear for the windows and door locks as well as the built-in sunshades in the rear windows." "Even though it sells in a segment that is dominated by a couple of heavy hitters, Hyundai does not shy away from the mid-size sedan market like other manufacturers that are retiring their sedans. The fact that Hyundai is sustaining competitiveness in the market is very amazing. Not only that, but it beat out the freshly introduced 2025 Toyota Camry for this distinction."The dynamic new design language, improved safety features, and array of cutting-edge technologies make the Hyundai Sonata of 2024 stand out. A redesigned front fascia with a cascading grille, sleek LED headlights, and strong character lines that give the Sonata a sensation of motion even when it is stationary are all part of its aerodynamic and dramatic design. The Sonata is a versatile alternative for a broad spectrum of drivers, offering both dynamic performance and exceptional fuel economy with a selection of strong and economical engines, including a hybrid option.American Hyundai Motor Company Hyundai Motor America supports Hyundai Motor Company's Progress for Humanity objective while providing a technologically advanced array of automobiles, SUVs, and electrified vehicles to American consumers. Hyundai maintains substantial activities in the United States, with its North American headquarters located in California, the Hyundai Motor Manufacturing assembly factory in Alabama, the newly developed Hyundai Motor Group Metaplant America situated in Georgia, and multiple state-of-the-art research and development centers. According to a recent economic impact assessment, these businesses, along with those of Hyundai's 835 independent dealers, generate $20.1 billion in revenue and 190,000 employment for the American economy each year. To learn more, go to www.hyundainews.com.
Published 06 Jun 2024 11:29 AM
Mahindras-svelte-electric-SUV-is-hinted-at-by-XUVe8-design-patents-What-can-we-anticipate
With the launch of the XUV.e8, an electric version of their well-liked XUV700, Mahindra & Mahindra is preparing to increase the number of electric vehicles in their lineup. The corporation is currently testing prototypes of this new model, which has already been displayed in concept form. Mahindra has submitted for multiple design patents recently, covering the XUV.e8's appearance and interior.The design patents show that the XUV.e8 is very similar to the concept version that was previously presented, according to a report by HT Auto. Notable improvements include a new set of inverted L-shaped LED projector headlamps and a large LED lightbar that runs the length of the front of the car. Due to the lack of an internal combustion engine, the front bumpers have been altered and do not include the conventional grille.According to reports, the XUV.e8's side profile has aerodynamic wheel covers designed to improve air flow efficiency. The concept's flush-fitting door handles are still on the car. There aren't many modifications at the back, only a new bumper and an LED light bar, however the tail lamps should stay the same. The XUV.e8 will likewise have copper accents, just as the XUV400.Interior design elements, most notably a new two-spoke steering wheel, are also included in Mahindra's design patents. Four toggle switches are located on this hexagonal steering wheel, which has a red stripe at the top for controlling the infotainment system and instrument cluster. The lighted Mahindra emblem on the steering wheel is a novel touch that continues a trend observed in Tata cars. The revamped dashboard, which features a three-screen arrangement evocative of high-end automobile interiors, is another noteworthy interior upgrade. This comprises a passenger-side extra screen, an infotainment display, and an instrument cluster. With these improved technology features and style cues, Mahindra's electric vehicle portfolio is expected to gain something special with the XUV.e8.
Published 06 Jun 2024 11:29 AM
Technology
21st century is dedicated to the Technology and technology is dominating everywhere and every part of the world and almost all the industries are now a days is technology dependent or they need technology help to drive more scale and deliveries.
Oppo, Nokia Resolve All Pending Patent Disputes via Cross Licencing Deal
Nokia said that Oppo will make royalty payments, along with catch-up payments to cover the periods of non-payment as part of the cross-licencing deal.Finnish telecom gear maker Nokia said on Wednesday it had signed a 5G patent cross-licencing deal with Chinese device maker Oppo that resolves patent litigation between the companies. Nokia has been involved in legal disputes with several Chinese tech firms, including Oppo and Vivo, over patent payments. The Finnish group recently signed an agreement with Chinese smartphone maker Honor."Under the agreement Oppo will make royalty payments, along with catch-up payments to cover the periods of non-payment," Nokia said in a statement. "The agreement resolves all pending patent litigation between the parties, in all jurisdictions."OP Corporate Bank analyst Kimmo Stenvall said investors had expected the parties to reach an agreement "sooner or later". Nokia' shares were roughly flat at 1049 GMT (4:19pm IST).Inderes analyst Atte Riikola said it was good uncertainty was now lifted about the timing of the deal, after the process had taken longer than expected. Nokia in December warned it would not meet its financial outlook for 2023, saying talks over unspecified licence renewals would continue into this year.
How China Cannot Use Its Technology for Artificial Intelligence Because of US Intervention
The Biden administration is proposing requiring US cloud companies to determine whether foreign entities are accessing US data centers to train AI models, US Commerce Secretary Gina Raimondo said on Friday. "We can't have non-state actors or China or folks who we don't want accessing our cloud to train their models," Raimondo said in an interview with Reuters. "We use export controls on chips," she noted. "Those chips are in American cloud data centers so we also have to think about closing down that avenue for potential malicious activity." The Biden administration is taking a series of measures to prevent China from using US technology for artificial intelligence, as the burgeoning sector raises security concerns. The "know your customer" rule that was proposed was made available to the public on Friday and will be published the following Monday. It is significant, according to Raimondo. The US is "trying as hard as we can to deny China the compute power that they want to train their own (AI) models, but what good is that if they go around that to use our cloud to train their models?" she stated. Raimondo stated last month that Nvidia would not be permitted by Commerce "to ship is the most sophisticated, highest-processing-power AI chips, which would enable China to train their frontier models."For a variety of national security reasons, the US government is concerned about China developing sophisticated AI systems, so it has taken action to prevent Beijing from obtaining cutting-edge US technologies to bolster its armed forces. Under the proposed legislation, foreign nationals who register for or keep accounts using US cloud computing would have to provide identification through a "know-your-customer program or Customer Identification Program." Additionally, cloud computing companies would have to certify compliance on an annual basis, and it would set minimum standards for identifying foreign users.Raimondo said US cloud computing companies "should have the burden of knowing who their biggest customers are training the biggest models, and we're trying to get that information. With that information, what will we do? Depending on what we discover. President Joe Biden in October signed an executive order requiring developers of AI systems that pose risks to US national security, the economy, public health or safety to share the results of safety tests with the US government before they are released to the public.The Commerce Department intends to request those surveys from businesses in the near future. Companies will have 30 days to reply, Raimondo told Reuters. "Any company that doesn't want to comply is a red flag for me," she stated. Biden's "illegal" executive order is being implemented by Commerce, according to Carl Szabo, general counsel at the tech industry trade group NetChoice, "to force industry reporting requirements for AI." He went on to say that making US cloud providers disclose how non-US organizations were using their resources "for training large language models could deter international collaboration."
THIS WEEK IN ENTERPRENEURSHIP POLICY + RESEARCH
Welcome to ‘The Startup State’ - a weekly bulletin from the GEN Policy and Research team highlighting key entrepreneurship news, reports, commentary and features from around the world. The GEN Atlas is the world’s largest entrepreneurship policy compendium, featuring over 350 case studies from 70 countries. Our latest entry to be updated examines Germany’s Better Regulation Program - a wide-reaching initiative to reduce red tape, simplify regulations, and improve the overall quality of policymaking. Read the Atlas entryThe UNDP, the presidents of Rwanda and Ghana, and Nigeria’s digital economy minister Bosun Tijani used Davos to launch ‘Timbuktoo’, an ambitious pan-African development initiative with the aim to mobilize $1bn capital to create 10 million jobs and transform 100 million lives. It will include legislative reform, derisking investment, and ‘university innovation pods’, among other efforts to strengthen African entrepreneurship ecosystems (UNDP). Saudi Arabia has boosted its Aramco Ventures unit by $4bn, more than doubling the state oil company’s overall venture capital funds (Aramco).The United Kingdom’s technology secretary Michelle Donelan has announced a government “scaleup policy sprint” with the aim of matching US levels of VC investment as a share of GDP by 2030 - which would mean an additional £5bn ($6.3bn) per year into British startups (Sifted | Speech transcript).Nigeria’s minister of women affairs and social affairs Uju Kenedy-Ohaneye has launched a new unit in the SME Development Agency of Nigeria dedicated to supporting women and youth entrepreneurship (Blueprint) Publications and analysis This World Bank report examines ten years of data behind a public-private matching grant program to answer the question of whether public funding can help startups innovate and subsequently improve their performance. This Tony Blair Institute for Global Change report sets out how the UK can reset its historically aid-focused African engagement approach to embrace emerging economic opportunities and achieve mutual prosperity and cooperation. This World Economic Forum and Schwab Foundation Global Alliance for Social Entrepreneurship report is the first, comprehensive global dataset to estimate the size and scope of social enterprise worldwide. It finds 10 million social enterprises globally, with $2 trillion annual revenue and 200 million jobs.This World Economic Forum report introduces a multidimensional framework to assess the quality of growth across 107 countries globally. It characterizes nations’ economic growth across four dimensions: innovativeness; inclusiveness; sustainability; and resilience. This World Economic Forum and Cambridge Centre for Alternative Finance report reveals new data on the rapidly evolving fintech ecosystem and the opportunities fintech activities are offering traditionally underserved consumers and businesses.
These innovators are accelerating the aviation industrys transition to net-zero
Aviation accounts for 2% of global greenhouse gas emissions and, with air travel projected to increase, these emissions are poised to escalate.The Sustainable Aviation Challenge on UpLink called for innovators who accelerate the development and adoption of sustainable aviation fuel and other propulsion solutions.16 Top Innovators were selected as winners and will gain visibility opportunities, special event invitations and curated introductions to industry partners and potential funders. According to the International Energy Agency (IEA), aviation accounts for 2% of global greenhouse gas emissions and with air travel projected to increase over this decade, these emissions are only poised to climb. The challenge is to reinvent flying and make it compatible with our global net-zero emissions targets. Decarbonizing aviation is one of the toughest challenges of the clean energy transition and one that will require many technological breakthroughs and a concerted effort by innovators, industry, governments, and finance providers. To accelerate and support the transformation of aviation and expedite its journey to net-zero, UpLink and the First Movers Coalition have launched the Sustainable Aviation Innovation Challenge to identify and accelerate the most innovative and promising start-ups in this sector. With 130 high-quality submissions received from around the globe, 16 Top Innovators were selected by industry partners to join the UpLink Innovation Ecosystem. To this end, we’re excited to announce the cohort of Sustainable Aviation Top Innovators to accelerate the development and adoption of Sustainable Aviation Fuel (SAF) and other propulsion solutions, with the broader vision of enhancing the viability of promising start-ups in this space. Innovation ignites the spark, but collaboration fuels progress. These 16 innovators are now plugged into World Economic Forum formal programming and a support ecosystem of industry partners and investors to scale up their ventures through business and technology collaborations.
The impact of supporting a new generation of entrepreneurs.
UpLink, launched in 2020 by the World Economic Forum in collaboration with Deloitte and Salesforce, is building an open innovation platform ecosystem fostering entrepreneurial solutions for global challenges aligned with the UN Sustainable Development Goals (SDGs). Since its inception, it has grown into a vibrant community of purpose-driven entrepreneurs, investors, visionary organizations and experts. It has hosted 51 Innovation Challenges, bringing forth nearly 6,500 innovative solutions worldwide, recognizing 442 of these as 'Top Innovators' and 46 as 'Top Investors.' More than 250 ecosystem partners from across sectors have supported these innovators through catalytic funding, expertise, and other acceleration opportunities. UpLink aims to accelerate the growth and impact of early-stage entrepreneurs, build innovation ecosystems of diverse stakeholders, and shift perceptions of innovation's role in achieving the SDGs. These innovators, carefully selected for their impactful and sustainable solutions, are integrated into a dynamic ecosystem for growth, collaboration, and increased global visibility.Since early 2023, UpLink has started to implement a robust impact management and measurement strategy following industry best practices, to better support and showcase the positive transformation led by its Top Innovators. Here are the key impact highlights reported by UpLink Top Innovators in UpLink's 2023 Annual Impact Report:
Netflixs password crackdown worked. It could have more tricks to lure subscribers.
Netflix added almost 30 million subscribers in 2023 after cracking down on password sharing in May.Customers balked at the idea, but in the end Netflix prevailed.AdvertisementWhen Netflix announced it was mulling a ban on password sharing a few years ago, subscribers immediately balked. Many threatened to ditch their subscriptions, screaming #CancelNetflix, while others followed through and decisively closed their accounts.Nobody liked the idea. I certainly didn't. But let's be honest: We knew this had to happen.For years, Netflix turned a blind eye to password sharing, even winkingly encouraging it on social media. But that was when Netflix was in an exponential growth phase that carried the company to its 2021 share price high of more than $690. In 2022, Netflix reported losing subscribers for the first time in more than a decade — about 200,000 accounts in the first quarter of that year and close to 1 million in the second.Couple those losses with the fact that the streaming landscape had become much more crowded than it was in 2007 when Netflix first started offering its library online. Think Hulu, Disney+, Prime Video, Paramount+, and others. So, say you're one of Netflix's co-CEOs: You see your company is bleeding subscribers, your competitors are circling you like vultures, and, at the end of the day, you're beholden to your shareholders.And wow, look, an internal analysis report drops on your desk. It reveals that there are about 100 million households around the world who are accessing Netflix without a paid account, including a cheap Business Insider reporter leeching off his ex.In the third quarter of 2023, Netflix reported that it added 8.8 million subscribers, vastly exceeding expectations. The fourth quarter numbers yielded even better results: 13.1 million global subscribers for a total of more than 260 million, Business Insider's Lucia Moses reported. That's a gain of nearly 30 million over 2022. Two moves likely helped Netflix boost those numbers, according to Jadrian Wooten, an economics professor at Virginia Tech who writes the newsletter Monday Morning Economist.While Netflix was preparing its password-sharing crackdown, it introduced an ad-based subscription at about $7 a month, which was $3 less than its cheapest ad-free offering at the time and slightly cheaper than a Hulu account. The company also provided an option for households to add users to their existing accounts for about $8 a month. "So that was sort of a move that was done both to geographically expand to other countries and offer a cheaper version, but it also introduces sort of this second tier for people who were sharing an account, and they could then bump down to that next part," Wooten told BI. "So the idea is they wouldn't pay for a full account on their own, but maybe if they lost access, they would drop down to that ad-tier part."
SAP is restructuring 8,000 jobs to focus on AI, some employees could be asked to leave
SAP has unveiled a major restructuring plan, affecting 8,000 jobs, as it is now preparing for the era of Artificial Intelligence (AI). This transformative move, backed by a substantial €2 billion (around Rs 18,000 crore) investment, highlights SAP's commitment to positioning itself for future growth in the dynamic tech landscape, the company said in a blog post. SAP has unveiled a major restructuring plan, affecting 8,000 jobs, as it is now preparing for the era of Artificial Intelligence (AI). This transformative move, backed by a substantial €2 billion (around Rs 18,000 crore) investment, highlights SAP's commitment to positioning itself for future growth in the dynamic tech landscape, the company said in a blog post. The software company's CEO Christian Klein explained the importance of this strategic transformation, describing it as the next chapter for SAP. The German enterprise software giant aims to steer its focus towards Business AI, signaling a notable shift in its investment priorities. Klein expressed confidence in the company's prospects, particularly in the year 2024.Of SAP's extensive workforce of 108,000 employees, more than 7 percent will feel the impact of this restructuring. To manage these changes, SAP clarified that the majority of the approximately 8,000 affected positions are expected to be addressed through voluntary leave programs and internal re-skilling initiatives. The voluntary program suggests that some of the employees could be asked to leave internally, which won't be labelled as layoff, something that Amazon was also reported to be doing. The company wants to end 2024 with a workforce size comparable to its current levels after implementing reinvestments.
Moto Razr 40 Ultra, Razr 40 get up to Rs 20,000 price cut
Motorola has slashed the prices of its Moto Razr 40 and Razr 40 Ultra foldable phones by up to Rs 20,000. The premium devices boast impressive specifications and are now available at reduced prices.In Short Motorola Razr 40 and Razr 40 Ultra get a significant price cut of up to Rs 20,000.The Razr 40 Ultra features a 6.9-inch P-OLED display, Snapdragon 8+ Gen 1 processor, and a dual rear camera system.The Razr 40, resembling the Samsung Galaxy Z Flip 4, offers a 6.9-inch viewing area. If you are planning to buy a foldable phone, you should check out the deals on Motorola Razr series. The Moto Razr 40 as well as the Razr 40 Ultra are getting a price cut of Rs 20,000. To recall, the Moto Razr 40 Ultra was launched at a price of Rs 89,999. However, the price will now be down to Rs 69,999. Even the Moto Razr 40 is getting a price cut of Rs 10,000, which is now available for Rs 49,999. Motorola is making waves with the release of the Motorola Razr 40, a phone that bears a striking resemblance to the Samsung Galaxy Z Flip 4, complete with a compact cover display. This petite OLED cover display measures just 1.5 inches and boasts a 2:1 aspect ratio. While it may seem small, it provides users with a handy space for checking apps and call notifications on the go.However, the magic truly unfolds when you open up the Razr 40, revealing an expansive 6.9-inch viewing area with a 22:9 aspect ratio. The phone's cover display maintains a standard 60Hz refresh rate, but the main display kicks things up a notch with an impressive 144Hz refresh rate. Motorola has equipped the main screen with a 10-bit display panel, promising a palette of over 1 billion possible colors for an enhanced visual experience. In terms of features, the Motorola Razr 40 aligns with some of the standard offerings found in other cutting-edge Motorola Edge phones. It's worth noting that the phone does not include an audio jack, although it compensates with speakers that boast Dolby Atmos support, delivering a rich and immersive audio experience. Connectivity-wise, the Razr 40 is up to par with support for NFC, Wi-Fi 6, and Bluetooth 5.3.One interesting twist is that Motorola has included a protective case right in the box, ensuring that your stylish and sophisticated Razr 40 remains well-guarded from the elements and everyday wear and tear.With its sleek design, innovative features, and striking resemblance to its Samsung counterpart, the Motorola Razr 40 is poised to make an impact in the world of foldable smartphones, offering a unique blend of style and substance for tech enthusiasts on the lookout for the next big thing in mobile technology.
Izi Mini X Nano Drone With 3-Axis Gimbal, 4Km Live Video Range Launched in India
Izi, a consumer electronics brand focussed on consumer drones, has launched its new Mini X nano drone in India today, January 24. The Mini X nano drone is available in two different versions — Standalone and Fly More Combo. The drone is said to be capable of transmitting live videos from a maximum distance of 4km. It features a Sony CMOS sensor with f/2.0 aperture and boasts video recording capabilities at 4K (Ultra-HD) resolution. The Mini X nano drone starts at the price of Rs. 29,999.The Izi Mini X Standalone nano drone is available at the price of Rs. 29,999, whereas the Mini X Fly More Combo has been priced at Rs. 37,999. The main difference between the two models is two extra batteries that allow the latter to sustain flight for 93 minutes as opposed to the base variant's 31-minute flight time, as per the company. The base model also does not come with a triple-charging hub that can charge all the batteries at the same time. The drone can be purchased via Izi's website and Amazon. The Izi Mini X nano drone features a 20-megapixel Sony sensor that has 4x zoom capabilities and can record videos in 4K resolution. The drone weighs 249g and the body has a foldable modular design for added portability. It can reach a maximum altitude of 800m and can fly at the speed of 16m/s or 58kmph, as per the company.Izi Mini X nano drone is equipped with GPS and GLONASS sensors that enable precise navigation and safe returns with one-tap control. This is useful in low battery or lost control scenarios. The drone offers 10+ flying modes that help in capturing a diverse set of videos. The photography modes on the drone include Normal, Helix, Comet, Circle, Follow Me, Dronie, Rocket, Waypoint, Route Plan, and Panorama. For storage, the Mini X nano drone sports an SD card slot supporting up to 128 GB Class 100 UHS-1 microSD card. The drone works with the Izi Sky Eye app for remote piloting control, aerial photography, cinematography, and flight parameter adjusting.
Spotify to Allow In-App Purchases for Subscriptions, Audiobooks on iPhone in Europe After March DMA Deadline
Spotify will be able to avoid Apple's 30 percent fee for purchases made via the App Store once the EU's DMA regulations go into effect in March.Spotify users in Europe from March will be able to buy audiobooks and subscription plans from within the music-streaming app as a result of the region's new competition law for Big Tech, the Swedish company said on Wednesday.The move will help the company avoid Apple's 30 percent fee for purchases through its App Store, which has long been a source of contention between app developers and the tech giant.Spotify has for years been in embroiled in a legal battle, alleging that it was forced to raise the price of its monthly subscriptions to cover costs tied to Apple's App Store rules. Instagram, Facebook, Messenger Now Work Separately, But There's a Catch "For years Apple had these rules where we couldn't tell you about offers, how much something costs, or even where or how to buy it," Spotify said in a blogpost."The DMA (Digital Markets Act) means that we'll finally be able to share details about deals, promotions, and better-value payment options in the EU."Under the DMA, which all Big Tech firms must comply with by March 7, companies are obligated to treat their own products and services like they do rivals'. How Apple Plans to Enable Sideloading in Europe in the Coming Weeks Apple plans to challenge the European Union's decision to put all of App Store into the bloc's new digital antitrust list, Bloomberg News had reported in November. On Tuesday, Apple asked a London tribunal to throw out a mass lawsuit worth around $1 billion brought on behalf of more than 1,500 app developers over its App Store rules.Apple had also drawn criticism from Meta CEO Mark Zuckerberg who called App Store policies and fee structure as problematic and causing a conflict of interest. Japan to Force Apple, Google to Allow Third-Party App Stores: Report We've always been interested in helping developers distribute their apps, and new options would add more competition in this space," Meta said on Wednesday."Developers deserve more ways to easily get their apps to the people that want them. Is the Samsung Galaxy Z Flip 5 the best foldable phone you can buy in India right now? We discuss the company's new clamshell-style foldable handset on the latest episode of Orbital, the Gadgets 360 podcast. Orbital is available on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.Affiliate links may be automatically generated - see our ethics statement for details.For the latest tech news and reviews, follow Gadgets 360 on X, Facebook, WhatsApp, Threads and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel.
China launches commercial carrier rocket Lijian-1 Y3
Five satellites were placed into predetermined orbit by China's commercial carrier rocket Lijian-1 Y3, which was launched on Tuesday at 12:03 p.m. from the Jiuquan Satellite Launch Center in northwest China. Taijing-1 03, Taijing-2 02 and 04, Taijing-3 02, and Taijing-4 03 were the five satellites, which were primarily used for environmental surveys, space probes, and scientific research. The launch set new records in China's multiple satellite platforms and payload technologies.The rocket was painted with the Chinese Ministry of Culture and Tourism's logo, which depicts the traditional Chinese Loong (Dragon), in honor of the new Chinese year. The mission was carried out in extremely cold temperatures—down to minus 20 degrees Celsius—which further confirmed its adaptability to different conditions. The Chinese Academy of Sciences (CAS) Institute of Mechanics in collaboration with CAS Space created the Lijian-1. Its dimensions for the 500-kilometer sun-synchronous orbit are as follows: total length of 30 meters, diameter of the core stage 2.65 meters, takeoff weight of 135 tons, takeoff thrust of 200 tons, and carrying capacity of 1,500 kg.The solid-propellant carrier rocket was first launched in July 2022, and has already sent 37 satellites into space. Its launch success rate is 100 percent. The mission was the third launch of the Lijian-1 carrier rocket.
Botree Software International Pvt. Ltd.
Navigating the intricacies of distribution management has long been a challenge in the business landscape, posing hurdles for companies seeking to optimise their supply chains. The complexities of managing distribution and elevating retail execution have proven to be significant obstacles. It is within this challenging terrain that Botree Software has risen as a transformative force.As a pioneer and leader in route-to-market solutions, Botree has redefined the management of distribution and the enhancement of retail execution for brands. With an illustrious 25+ year history, the Botree product ecosystem empowers over 60 blue-chip clients, 85,000+ distributors, 32,000+ active sales representatives, and reaches 5+ million retail stores. This extensive reach contributes to increased market share, revenue, and profit for its clients. Serving diverse industries such as FMCG, Consumer Durables, and OTC Pharma, Botree Software exemplifies scalable, innovative, and impactful solutions across various sectors.Botree’s inception stems from inspiration drawn from Gautama Buddha’s enlightenment under the Bodhi Tree. Pioneering Distributor Management Software (DMS) from the outset, Botree was the first to provide an enterprise-grade DMS to marquee brands such as Amul, Nestle, Parle, and Marico that helped them gain visibility into their secondary sales, manage inventories, drive trade promotion schemes, etc. nationally.While facing initial resistance from distributors to provide visibility and transparency, early adopters in the FMCG sector played a pivotal role in establishing Botree as the go-to DMS provider for big brands. Strategic collaborations with industry giants like Hindustan Unilever and Nestle India became turning points, propelling Botree into prominence. The commitment to delivering a high-quality domain-centric, scalable, and enterprise-grade DMS supported by strong customer service resonated with FMCG brands and distributors, fostering a dedicated following for Botree. Some of their esteemed clientele includes renowned names like Dabur India Limited, Marico Limited, Nestle India Limited, Tata Consumer, Perfetti Van Melle India, Amul, Kenvue (erstwhile J&J Consumer), etc.Expanding offerings to meet evolving customer needs translated into increased market share and a growing customer base. Today, Botree Software stands as a name synonymous with DMS, reflecting its unmatched expertise and enduring impact in the industries it operates in.Keyur Maniar, an accomplished and seasoned professional, brings over three decades of diverse and enriching sales, delivery, and cross-functional experience with a demonstrated track record of meeting P&L, CSAT, and Risk/Compliance goals. Over the years, he has progressed through various roles, including Director and Senior Vice President at leading firms, before assuming his current position. His journey through various roles has cultivated his strategic thinking, leadership skills, and keen business acumen and enabled him to quickly analyse key business issues and to develop and execute transformation strategies to grow top-line and bottom-line. Currently, under his guidance, Botree is undergoing a significant cultural and technological transformation over the past 18 months.Botree is revolutionising supply chain management with its comprehensive end-to-end solutions, addressing industry-specific challenges in distribution and retail automation. Designed for sectors like CPG, Consumer Durables, and OTC Pharma, these solutions offer a holistic approach to optimising inventory, streamlining orders, driving trade promotions, and enhancing the customer experience.Products such as Botree Sales Force Automation (SFA), Botree DMS, Botree Mobile DMS, Botree FlexiDMS, Botree Retailer Connect, and Botree Insights automate sales and distribution channels as well as provide actionable insights to drive revenue velocity.As more companies seek a single vendor for comprehensive sales digitisation, Botree stands out as the only one capable of meeting this requirement. Designed to be light and scalable, their solutions ensure effectiveness even in areas with limited internet connectivity, showcasing their commitment to staying at the forefront of technological advancements in route-to-market supply chain digitisation. Although initially focusing on larger enterprises, Botree Software has adapted its strategy over the last 18 months. The surge of regional as well as D2C players entering the market led to the introduction of a robust SaaS solution alongside its enterprise offering to accommodate these emerging businesses. Recognising the growth potential, Botree Software actively targets tier 2 and tier 3 players, aligning its solutions with the diverse needs of these emerging market players.Whether used standalone or as part of an integrated solution, Botree’s offerings cater to diverse business needs. Recognising the uniqueness of each enterprise, Botree provides tailored solutions across both enterprise and SaaS models, ensuring that the outcomes exceed client expectations, thereby fostering efficiency and sustainable growth. Prioritising scalability, innovation, and client centricity while delivering robust, reliable products through cutting-edge technologies makes Botree Software stand out in a competitive market. Despite the emergence of a fair number of competitors, Botree maintains its uniqueness, competitive differentiators, and enduring client preference amongst brands of all sizes.
Accelerating enterprise global capability maturity using digital capabilities and practitioner’s strength.
Global Capability Centers (GCCs) are consistently gaining patronage as a strategic lever and have seen rapid growth over the past couple of years. GCCs are in-house units that are set up by multinational companies in offshore geographies to take advantage of low operating costs, talent availability and language skills. Large companies have been using an outsourced model; however, over the years, there has been a major shift towards a GCC model, which is also referred to as in-house centres. Early on, these units were set up to take advantage of the cost and talent arbitrage, but have now progressed to be ‘value creators’ and are being leveraged as innovation and transformation hubs. India continues to be the top destination for new GCCs, hosting over 1580 centres with a talent pool exceeding 1.66 million professionals as of June 2023.With a mission to simplify and make GCCs accessible and be size agnostic, Gloplax was founded in 2019 by leaders of the global sourcing industry. Gloplax has emerged as a ‘game changer’ in facilitating the establishment and operation of GCCs in India and the Philippines. Leveraging extensive experience, practitioner’s strength, and a digital ecosystem, Gloplax is rightly poised to accelerate the GCC journey for its clients. Gloplax has become a trusted partner for marquee brands in Financial Services and Retail. With a global presence spanning India, Philippines, US, UK, and Australia, Gloplax provides a definite edge in enabling seamless global operations.A successful GCC set-up requires a comprehensive ecosystem to support/ enable at each stage of its lifecycle. Gloplax has developed a digital ecosystem that comprises advanced technology-enabled tools, frameworks, verified vendor partners and reliable industry data and insights. The Gloplax team has a history of successfully setting up and running Global Capability Centres (GCCs) of leading multinational companies over the last two and a half decades.Their commitment extends across the entire value chain of global sourcing, guided by the core belief that solutions should be tailored to each client’s unique context. “Embracing a bespoke approach supported by our distinctive 3E model – Effectiveness, Efficiency and Experience integrated in all that we do, Gloplax ensures customised and impactful solutions for every engagement.” Shared Aveek Mukherjee, Co-founder and MD, Gloplax. Founded by professionals and senior leaders from the global sourcing industry, Gloplax distinguishes itself through deep experience and a technology-enabled operating environment. The leaders at Gloplax are proud of their impressive legacy of establishing GCCs for leading Financial Services companies and MNCs from other industries, Retail, Technology and other industries. Gloplax recently announced a strategic alliance with KPMG in India, a prominent advisor in the GCC domain. Together, they present a comprehensive “GCC as a service” model encompassing strategy and design, capability building, facility setup, operational management, and support functions like Human Resources, Finance, Risk Management, Compliance, Branding, Recruitment, and technology implementation. This collaborative model offers numerous advantages, including lower capital outlay, accelerated time to market, flexibility in team scaling, access to high-quality talent, market insights, industry experts, and competitive costs compared to traditional standalone GCC models. The joint service model caters to diverse industries such as Financial Services, TMT (technology, media, and telecommunications), Healthcare, ENR (energy and natural resources), Manufacturing, Insurance, and more. Charlie Roberson brings a wealth of experience from his 28-year career, retiring as Executive Vice President at a large US bank. Leading the company’s global services from its inception in 2007, he grew it to 25,000+ resources within a decade. Charlie’s approach, tailored to the company’s culture, earned the trust of senior leaders. Under his leadership, Gloplax excels in assessing opportunities, supporting decision-makers, and providing ongoing delivery excellence, primarily in India and the Philippines.
Sensex tumbles 1,628.01 points to close at 71,500.76; Nifty plunges 460.35 points to 21,571.95
The company has received additional orders worth ₹339.31 crore since the last disclosure on 26th Dec 2023 and these orders pertain to Combat Management System, Composite Communication System, Transmit / Receive Modules, Mobile Autonomous Stabilization System and other spares / services, said BEL in a filing to the exchanges. Nifty Banks Slides More Than 4%, Biggest Fall Since February 2022. HDFC Bank Records Worst Day In 3 Years, Falls Over 8% After Earning. HDFC Bank Contributes Over 50% Fall To Both Nifty & Nifty Bank. HDFC Bank Reacts Sharply To Earnings, Erases `1 Lk Cr Market Cap. BSE-listed Cos Erase Market Cap Of `4 Lakh Cr Today. All Sectoral Indices Close In The Red While Volatility Index Surges 11%. Sensex Slides 1,628 Points To 71,501 & Nifty 460 Points To 21,572. Nifty Bank Falls 2,061 Points To 46,064 & Midcap Index 516 Points To 47,152Except Bandhan, All Nifty Bank Constituents End In The Red. IEX Slides 11% On Power Minister’s Mkt Coupling Comment. Asian Paints Reports Earnings In-Line, Stock Is Down 2%. Pricol Sees Block Deals Of Over 15%, Minda Corp & PE Likely Sellers. IT Stocks See Buying Amid Market Sell-off, Most IT Stocks In The Green. ICICI Lombard Surges After An Improved Showing In Q3, Up 6%. L&T Tech Surges Despite Reporting Below-than-expected Results, Up 4%. Polycab Extends Gains, Closes With A Gain Of 2% Ahead Of Results. Market Breadth Fvaours Declines, Advance-Decline Ratio At 1:3.In what was touted to be a takeover attempt, Minda Corp mentioned that this was only a financial investment and will not fetch them any special rights in Pricol other than those of a normal shareholder. The management of Pricol had told CNBC-TV18 on February 17 that the promoters have no intention to sell any stake in the company as it is on the path of growth and is doing well. "I definitely do not want to sell. I'm 1,000 percent committed to this business," Mohan said. "Our market share has gone up. We have a very strong order book, zero long term debt, healthy cash profits, capacity, and we know we are on a growth curve. So why would I sell?" he further added. On January 4 this year, India's competition regulator had said that prima facie, the proposed merger by Minda may have adverse on competition and that it intends to conduct further inquiry into the process. Shares of Pricol are off the day's low, currently trading 2% lower at ₹360.70, while those of Minda Corp have surged to the day's high, currently trading 3% higher at ₹395.75.
Süd-Chemie India Pvt. Ltd.
The chemical manufacturing industry is currently undergoing a significant transformation, marked by a surge in demand for sustainable products and a shift towards circular economy practices. At the forefront of driving this change is Süd-Chemie India Pvt. Ltd. (SCIL), a pioneering company led by CEO Mr Prakash Babu Surya. Founded in 1969 as Catalysts & Chemicals India (West Asia) Pvt. Ltd., the company emerged as a leader in catalysis. Subsequent mergers and acquisitions led to transformations, with the company being renamed United Catalysts India Ltd. (UCIL) in 1979 and Süd-Chemie India Pvt. Ltd. (SCIL) in 2000 with Süd-Chemie A.G. Germany acquiring CCI, USA’s shares. Acquired by Clariant International in 2011, SCIL now stands as a global giant, delivering catalyst solutions and catering to both Indian and international markets. Their strength lies in a profound understanding of chemistry and its applications, addressing the specific needs of clients in both Indian and international markets. SUD Chemie India Private Limited is a Non-govt company, incorporated on 28 Feb, 1969. It's a private unlisted company and is classified as'company limited by shares'.Company's authorized capital stands at Rs 100.0 lakhs and has 96.23% paid-up capital which is Rs 96.23 lakhs. SUD Chemie India Private Limited last annual general meet (AGM) happened on 19 Sep, 2017. The company last updated its financials on 31 Mar, 2017 as per Ministry of Corporate Affairs (MCA).SUD Chemie India Private Limited is majorly in Manufacturing (Metals & Chemicals, and products thereof) business from last 54 years and currently, company operations are active. Current board members & directors are ARSHIA ALTAF LALLJEE, ISKANDER ALTAF LALLJEE, HAMIDA ALTAF LALLJEE, ADNAN WAJHAT AHMAD, DEEPAK RASIKLAL PARIKH, STEFAN CHRISTOF JOHANNES HEUSER, KARL HOLGER DIERSSEN and NYELA KALSIA .Company is registered in ROC-Ernakulam (Kerala) Registrar Office. SUD Chemie India Private Limited registered address is EDAYAR INDUSTRIALDEVELOPMENT AREA BINANIPURAM P O ALUVA ERNAKULAM KL 683502 IN.
GSP Crop Science Pvt. Ltd.
Carl Zeiss India's Medical Technology Division recently participated in Phaco Festival organized by Nethradhama Super Speciality Eye Hospital, Bengaluru, a world-class facility focused primarily on quality eye care with state-of-the-art technology and highly skilled doctors. The two-day conference, renowned for highlighting cutting-edge advancement of technologies used by ophthalmologists, took place on 13th and 14th January 2024, in Bengaluru. The conference was attended by distinguished national and international faculty who shared their invaluable insights, encompassed Masterclasses, 3-D Live Surgeries, and Skill Transfer Courses among others. At the Phaco Festival, the spotlight shined on ZEISS's transformative impact on the Cataract and Corneal Refractive Workflows. ZEISS technology redefines the diagnosis and treatment of cataracts, offering a comprehensive and integrated approach to surgery. By merging state-of-the-art imaging, diagnostics, and surgical technologies, ZEISS aids ophthalmic surgeons in enhancing efficiency and clinical outcomes for cataract procedures. At the Phaco Festival, the spotlight shined on ZEISS's transformative impact on the Cataract and Corneal Refractive Workflows. ZEISS technology redefines the diagnosis and treatment of cataracts, offering a comprehensive and integrated approach to surgery. By merging state-of-the-art imaging, diagnostics, and surgical technologies, ZEISS aids ophthalmic surgeons in enhancing efficiency and clinical outcomes for cataract procedures.Dr. Sri Ganesh, MD, Chairman of Nethradhama Super Specialty Eye Hospital, Bangalore, expressed his confidence in ZEISS Medical Technology: "The ZEISS Cataract Workflow is integral to my practice, seamlessly integrating diagnostics and therapeutics, providing peace of mind. It minimizes stress for clinicians and surgeons, enhancing efficiency with reduced time and transcription errors. Ultimately, it ensures optimal efficiency, safety, and improved patient outcomes, allowing for the accommodation of more patients in a day."
Vivek Ramaswamy Quits US Presidential Race, Endorses Trump
Vivek Ramaswamy, a 38-year-old Indian-American entrepreneur and political novice who quickly created a name for himself with aggressive policy proposals and an outsized sense of confidence, has withdrawn over of the campaign for the Republican presidential nomination after finishing fourth in the Iowa caucuses, news agency Reuters reported. He then backed former President Donald J. Trump for the presidency. Ramaswamy, who was virtually unknown in political circles when he entered the campaign in February 2023, managed to pique the interest and support of Republican voters with his strong views on immigration and an America-first attitude. In terms of tone and philosophy, his campaign plan closely paralleled that of former President Donald Trump. Ramaswamy attempted to draw into Trump's conservative base, which had pushed him to victory in prior elections.He said, “Tonight, I have to face the truth. It was hard for me to accept, but we have looked at the facts. And the fact is, we did not get the result we hoped for tonight.”Ramaswamy had recently taken a harder stance against Trump, claiming that the former president’s legal troubles and strong political enemies made him a weak candidate. Trump responded by attacking Ramaswamy on social media, calling his campaign “deceitful” and “very sly,” in the first sign of hostility between them.Ramaswamy had been one of Trump’s biggest supporters during the campaign. He had praised Trump as “the greatest president of the 21st century” and stood by him despite the numerous criminal charges and obstacles to his candidacy.On Tuesday, Trump said on social media that his accuser had gained fame and money through "fabricated lies and political shenanigans" in the case.Former US President Donald Trump left Trump Tower on Wednesday morning as he heads back to Manhattan court where rape accuser E. Jean Carroll was poised to testify against him for $10 million defamation case.
‘January 22 will be etched in our memories’: PM Modi after inaugurating Ram Mandir in Ayodhya
Speaking on the Ram Temple ‘Pran Pratishtha’, Prime Minister Narendra Modi on Tuesday said that it will be etched in our memories for years to come. In a post on X, Modi wrote, “What we saw in Ayodhya yesterday, 22nd January, will be etched in our memories for years to come."Earlier on Monday, Prime Minister Narendra Modi led the ceremony, unveiling the Ram Lalla idol during the hour-long rituals. During his address to the dignitaries at the Pran Pratishtha ceremony, Prime Minister Modi emphasized that the unveiling of the Ram Lalla idol signifies not only a moment of victory following a protracted struggle but also one of humility. This is not just a moment of celebration for us all but also one to reflect the coming of age of the Indian society. This occasion is as much about triumph as it is about humility. The world is replete with instances of countries that faced a lot of difficulties resolving historic wrongs and injustices. However, the way we untied the knots and resolved all outstanding issues gives us hope that our future is going to be more beautiful and fulfilling than our past," PM Modi said. The Shri Ram Janmbhoomi Mandir, constructed in the traditional Nagara style, boasts dimensions of 380 feet in length (east-west), 250 feet in width, and 161 feet in height. It is supported by a total of 392 pillars and 44 doors. The pillars and walls of the temple are adorned with intricately sculpted depictions of Hindu deities, Gods, and Goddesses. Within the main sanctum sanctorum on the ground floor, the idol of Shri Ramlalla, representing the childhood form of Bhagwan Shri Ram, has been reverently placed. As the whole nation is celebrating the Pran Pratishtha ceremony held at Ram temple in Ayodhya, several politicians, leaders, and celebrities extended their wishes to the people. Referring to the consecration ceremony, Assam CM Himanta Biswa Sarma said, “500 years of slavery have ended today. India has shown that anything is possible in this country. I have full faith that Ram Rajya has begun now." He also showered praises for PM Modi. However, on being asked about Congress leader Rahul Gandhi's remarks in the Nagaon attacks, Himanta Biswa Sarma sidelined the question by referring to the Wayanad MP as ‘Ravan’.
