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.    

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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’.  

Tata Motors zooms to 52-week high on plans to hike vehicle prices

Shares of Tata Motors Limited traded over a percent higher at Rs 827 to hit a fresh 52-week high on January 23 after the company announced that it will raise the prices by 0.7 percent across its passenger vehicles portfolio, including electric vehicles, with effect from February 1. The automobile major said the main reason behind the hike is escalating input costs. Despite the announcement, specific revised prices for each car have not been disclosed by the company. At 9:26am, the stock was trading at Rs 825, up 0.7 percent from the previous close on the NSE. In the last year, the counter has had a stellar rally, gaining over 100 percent on the bourses. It was also the best performer on the Nifty in 2023. The hike isn't just restricted to internal combustion engine (ICE) vehicles, but also EVs where Tata Motors is the market leader. This comes after the company launched the new Tata Punch EV, its recent addition to the electric SUV segment. Before its launch, Tata had Nexon EV, Tigor EV, and Tiago EV. The development gains significance as Tata Motors isn't the first company to hike prices in 2024. Last week, Maruti Suzuki announced a 0.45 percent price increase for its models. The company’s diverse range of vehicles, from the entry-level hatchback Alto to the sports utility vehicle Jimny and the multi-utility vehicle Invicto.   

Zomato suspends delivery of non-veg items in North India, says this is due to govt order

In response to a government order, Zomato has temporarily suspended the delivery of non-vegetarian items in several states in North India. In respect of the consecration ceremony, meat shops in some states were closed today. Here is everything you need to know. In response to a government order, Zomato has temporarily suspended the delivery of non-vegetarian items in several states in North India. Users across various cities reported the absence of non-veg food options on X (previously Twitter), leading to speculations regarding the cause. It is believed that the move is in respect of the consecration ceremony for the Ram Mandir in Ayodhya, an event of significant cultural and religious importance. Zomato, addressing user concerns on X, clarified that the decision to disable the delivery of non-veg items was in compliance with the government's notice. "We have disabled delivery of non-veg items in Uttar Pradesh, Assam, Chhattisgarh, Madhya Pradesh and Rajasthan as per govt. notice. Hope this clarification helps," stated Zomato's customer care support on the social media platform. It is not surprising because Varun Khera, the head of the National Restaurant Association of India in Uttar Pradesh, affirmed that restaurants across the state had collectively decided to serve only vegetarian food on January 22. Khera emphasized the need to honour the government's order, especially considering the magnitude of the event taking place in Ayodhya. In respect of the ceremony, meat shops in the affected states were closed today. The chief secretary of Uttar Pradesh, Durga Shankar Mishra, had issued an order instructing district magistrates to ensure the closure of liquor vends and meat shops on January 22.  

OnePlus 12 launch today: Check expected price, features, other specifications

The company has also confirmed the launch of the Snapdragon 8 Gen 2-powered OnePlus 12R. The OnePlus 12R also gets some upgrades compared to the OnePlus 11R. OnePlus is set to launch its latest flagship smartphones, the OnePlus 12 and OnePlus 12R, today. The event, dubbed “Smooth Beyond Belief,” will kickstart at 7:30 PM in India. Users who have bought passes for the event can witness it from the venue, Pragati Maidan in New Delhi, while the rest can virtually experience it via YouTube.  The hero product of OnePlus’s launch event will be the Snapdragon 8 Gen 3-powered OnePlus 12. The OnePlus 12 is expected to be a massive upgrade over its predecessor and will offer features like a 4th Gen Hasselblad camera system, a 5,500 mAh battery, and wireless charging. The device is also confirmed to include one of the brightest 2K resolution AMOLED screens with a 120Hz refresh rate. It is also confirmed that the OnePlus 12 will receive four years of major software updates. The company has also confirmed the launch of the Snapdragon 8 Gen 2-powered OnePlus 12R. The OnePlus 12R also gets some upgrades, featuring a metal frame with an overall design and build quality similar to the OnePlus 12. In addition to the smartphones, OnePlus will also unveil the OnePlus Buds 3. The Buds 3 is expected to offer better audio quality and noise cancellation capabilities when compared to the OnePlus Buds 2 Pro.  According to the information provided by tipster Abhishek Yadav, the OnePlus 12 is anticipated to debut with a base price of Rs 64,999. Meanwhile, the variant with 16GB RAM is projected to have a price tag of Rs 69,999. The OnePlus 12R is said to be available for purchase in February. Besides this, another tipster, Ishan Aggrawal, has revealed that the upcoming smartphones will come with bank deals, trade-in bonuses, and no-cost EMI options. He also mentioned that the initial 1,000 orders will be rewarded with gifts, a discount of up to 50 per cent on the protection plan, and a Rs 3,000 reduction on the OnePlus Pad.  

In the United States, Yellow.ai uses 30% of the worlds generative AI bots.

According to Yellow.ai cofounder and chief executive Raghu Ravinutala, India Inc. is adopting GenAI as a chance to boost revenues, generate business leads, and provide sales help, while markets like the US are mostly employing them for customer care in an effort to minimize expenses.In India, generative artificial intelligence is becoming more widely used for customer engagement.For example, the conversational AI startup Yellow.ai had roughly 30% of its 120 GenAI bots deployed for enterprises globally this fiscal year in India.Take Your Tech Game to the Next Level with High-Value Skill Courses: Course Website: IIM Kozhikode, IIMK Advanced Data Science for Managers Product Management at Indian School of Business (ISB) Visit..According to Yellow.ai cofounder and chief executive Raghu Ravinutala, India Inc. is adopting GenAI as a chance to boost revenues, generate business leads, and provide sales help, while markets like the US are mostly employing them for customer care in an effort to minimize expenses.Yellow.ai was established in Bengaluru in 2016 and is supported by a number of investors, including Lightspeed Venture Partners, Salesforce Ventures, Westbridge Capital, and Sapphire Ventures. According to Tracxn, it has raised over $102 million in fundraising thus far.Using the GenAI chatbot of the San Mateo, California-based startup, Bajaj Auto Finance has produced over 100 leads for its clients, while Ravinutala mentioned that a major non-banking lender received over 400 applications for auto loans. Using the GenAI assistant, a well-known two-wheeler manufacturer sold motorcycles worth approximately Rs 1 crore on the first day of sales, while a well-known financial institution obtained prospective clients or sales leads valued at approximately $100 million. According to Ravinutala, Yellow.ai plans to go public in the US by 2026 or 2027, when the market is anticipated to bounce back from the present cyclical slowdown. This year, the company hopes to earn a profit.In terms of platform ARR (annual recurring revenue), Q4 (the quarter that ended in January) is the biggest quarter we have ever had for India, and the country is also leading in terms of the adoption of GenAI on the Yellow.ai platform, according to Ravinutala.The business anticipates a more than 60% growth in the Indian market the next year, with $20–30 million in revenue from the country and a $60–70 million run rate for worldwide revenue overall. Its current global sales run rate is $30–40 million, with an annual growth rate of 60–70%. It anticipates quadruple sales in FY25.Adobe's research indicates that the majority of Indian companies are reducing their marketing and customer experience budgets; of those, 42% have already done so, and 37% want to do so in the upcoming year. In these domains, nearly 60% intend to use GenAI. Growth potential for Yellow.ai have been created by the global macroeconomic slump combined with companies' growing eagerness to use GenAI. Customers are searching for ways to save expenses, and our main selling point is that we can reduce costs and provide better customer service by replacing.According to Ravinutala, the company has also been able to proceed with a methodical approach to hiring and personnel strength thanks to automation and efficiencies from GenAI. In early 2023, the corporation made around 13% of its personnel reductions. Approximately 570 of its 680 employees are based in India. "We don't see this (employee strength) going to 1,000–2,000 over the next few years," stated Ravinutala.