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Showing posts from 2022

In expansion mode, KSP INC announces the opening of 1 Lakh Sq. Ft manufacturing plant in Noida

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   New Delhi,  May 2022: KSP INC, a major brand in metal fabrication and an export company has announced the start of a new 1 lakh square feet manufacturing plant in Noida, which will be 'highly automated' and will ensure that the products manufactured are globally competitive. The factory will use advanced technologies, allowing simultaneous connection of various machines, human workers and AGVs (automatic guided vehicles) as they perform manufacturing tasks. High-speed, real-time data acquisition throughout the factory will provide data on all aspects of production cycles for AI-based analysis to achieve a safe, flexible production environment. The new manufacturing unit will be operational in the month of September this year and it will benefit the local communities as it is expected to create employment opportunities for around 1600-1800 people. Commenting on the development, Siddhant Bery, Second Generation Entrepreneur, Managing Partner, KSP INC said, "With a focus ...

Soaring Above The Competition, Double Chabi Leads The Way in Basmati Rice Production

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   Double Chabi is an esteemed brand in the production and distribution of rice, and has been active for over seventy years in the commercial space, with no sign of slowing down any time soon. In fact, with the fourth generation of the founding Goyal family having joined the workforce, Double Chabi's success is all but assured. The company had been founded in 1959 by Kashmiri Lal Satpal, the patriarch of the family, in Taraori, Haryana, on a fertile patch of land across the Yamuna. From the very beginning Double Chabi was dedicated to providing the best possible product to the consumers. Established during the second five year plan of the Indian government, Double Chabi took advantage of the developmental initiatives and investments the newly independent Indian government was making in agriculture and industry, and blossomed into an extremely successful business over the years. Till the 90s Double Chabi functioned within the boundaries of the nation, gradually expanding its bu...

LIC listing today to India getting new warships: Here're top news on May 17

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    India will on Tuesday launch two indigenously built frontline warships, marking a significant development for the military. Prime Minister Narendra Modi will address the silver jubilee celebrations of TRAI, the country’s telecom regulator.  Life Insurance Corporation  will list its shares at the stock exchanges after a blockbuster initial public offering. The Indian embassy in Kyiv, the capital of war-torn Ukraine, is all set to reopen. Here are the top five developments for May 17. Rajnath Singh to launch frontline warships Defence Minister Rajnath Singh will, on Tuesday, launch two indigenously-built frontline warships of the Indian Navy. The inauguration will take place at the Mazagon Docks in Mumbai. The two warships, that are to be launched, are called Surat and Udaygiri. Surat, named after the bustling port city in Gujarat, is the fourth and final of stealth destroyers under the Project 15B program. Udaygiri, on the other hand, is named after a mountain ran...

Edtech Firm Logicmojo Comes Up with A Platform for Riveting Live Learning

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   Logicmojo, a virtual learning platform, is set to launch live classes to impart practical knowledge and hone technical skills. This real-time interactive program makes the education more convenient by facilitating instant doubt clearing support from the instructor.  The firm said, these live classes aids candidates in cracking the interviews at leading product-based companies. The courses are customized for both novice as well as professionals aspirants and comprise helpful concepts, problem-solving tactics, and well-organized content. Furthermore, this live interactive program includes peer-to-peer learning to enable learners to teach each other what they know and learn from their experiences. Also, there will be real-life projects to provide practical experience to the professionals to fuel their respective career demands, the Logicmojo official added.  “Speaking of the professionals, they get little time to keep up with their study schedules. On top of that, th...

Google, Samsung help Android developers sync fitness data between apps

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   Google  and  Samsung  have joined hands to give developer an opportunity to sync users' health and fitness data between  Android  apps and their devices. Called 'Health Connect', the platform and API (application programming interface) is for  Android  app developers to securely access users' health data. With user permission, developers can use a single set of APIs to securely access and share health and fitness data across  Android  devices,  Google  said in a statement. "We're building this new unified platform in collaboration with  Samsung  to simplify connectivity between apps" to foster richer app experiences while also providing centralised privacy controls for users," the tech giant added. Google  is working with developers including MyFitnessPal, Leap Fitness and Withings as part of an early access programme. In addition,  Samsung  Health, Google Fit and Fitbit are adopting Health Conn...

Vivo to launch S15, S15 Pro, along with TWS Air earbuds on May 19

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   Vivo  has scheduled the launch date for the  Vivo  S15 and  Vivo  S15 Pro  smartphones  on May 19; the same day the company will be launching the Vivo TWS Air earbuds. As reported by Mashable, rumours about both the handsets have been surfacing online for the past few weeks and according to tips, the Vivo S15 handset could pack a Qualcomm Snapdragon chipset while the Pro-variant could come with a MediaTek Dimensity chipset. The company has confirmed the arrival of the  smartphones  and the TWS earbuds in China on May 9 by an announcement made on Weibo. The launch event is scheduled to start at 7 PM CST or 4:30 PM IST. The launch event can also pack further surprises where we can expect new colour variants of the Vivo Watch 2 and Vivo Pad as these two devices can also be seen on the poster. A few days ago, the Vivo S15 Pro was discovered on a Chinese certification website, suggesting that the smartphone may come with a 6.62 inch A...

Holcim to use proceeds from India sale for lower carbon acquisitions

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   Holcim will use cash raised from the sale of its Indian business for acquisitions focused on building products and solutions, Chief Executive Jan Jenisch said on Monday, with the cement-maker currently eyeing 10 potential targets. Holcim agreed to sell its Indian business to  Adani Group  for 6.4 billion Swiss francs ($6.38 billion), its largest  divestment  in years, as it seeks to lower its carbon profile and raise funds for takeovers. Over the last 15 months Holcim has spent 5 billion Swiss francs ($4.99 billion) on a string of  companies  outside the cement market as it pivots towards building products like roofing and mortars. "We hope we can keep a similar pace and put this money to work very fast," Chief Executive Jan Jenisch told reporters. "At the moment we have around 10 transactions being checked by us, being negotiated by us. They are small transactions, they are bigger transactions," Jenisch told reporter. "We are ready for another...

They are real life superheroes" says Rajnath Singh praising TMR team

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   Defence Minister Rajnath Singh has come forward and felicitated the “Tiranga Mountain Rescue” team for saving the lives of the armed forces personnel from natural calamities like avalanches and sandstorms. The meeting took place in the National Capital to congratulate the TMR team for working tirelessly to rescue and train the Indian defence personnel. Every winter, the TMR team visits over 140 locations across the country, training thousands of soldiers, to build a team that can provide professional and specialized training as well as a comprehensive rescue support system to the Indian Army on a long-term basis.  The team is focused on providing avalanche rescue and training to Indian Army mountain craft personnel. In numerous avalanche-prone border locations, the TMR has sent six teams in coordination with the Indian Army. Three teams are stationed in Kashmir, two in Ladakh, and one in Sikkim. Till now, the TMR team has trained over 20,000 defence forces personnel an...

Madhavbaug's PAT up 785 per cent in FY22

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   The company is planning to tie up with over 30 insurance company to its facilitate patients Madhavbaug, brand of Vaidya Sane Ayurved Laboratories Ltd, a specialist in treating and reversing cardiac related ailments through their Ayurvedic treatment and therapies, reported a whopping 785 per cent growth in net profit after tax (PAT) in FY2021-22 despite facing Covid related lockdowns in the initial few months.  Madhavbaug’s  net profit stood at Rs 3.46 crore in FY 22 as compared to Rs 39 lakhs in FY21. Madhavbaug , which operates 272 clinics and 2 hospitals spread across eight states in India saw its gross revenue increase to Rs 75.04 crore in FY22, a 43 per cent rise from Rs 52.37 crore in FY 21 while its EBIDTA grew 66 per cent from Rs 4.36 crore to Rs 7.25 crore during the same period. The robust all-round performance came on the back of solid double-digit growth witnessed across its treatment verticals amidst a surge in the number of patients seeking ayurvedic ...

Justin Nelson's Sphere Rocket VA Upends Virtual Assistant Business with Customized Solutions

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   With remote work becoming more common especially in the wake of the pandemic-induced restrictions, the demand for virtual assistant, or VA, services have been growing. In a study of over fifty career categories,  FlexJobs  found virtual assistant was one of the top 10 fastest-growing remote career categories. In a nutshell, a VA provides remote services to professionals who need someone to support their business. The duties of a VA may include anything from answering emails to performing web development or content creation. In other words, a VA takes a huge burden off a busy professional’s shoulders. The idea to create a virtual assistant business came to Justin Nelson, a 25-year-old licensed realtor and a serial entrepreneur despite the young age, during a road trip that lasted almost a year and brought him to 135 locations in the US where he delivered speeches to real estate agents. “Speaking is by far my biggest talent that I have. I love speaking and can sell ...

ICCS is bracing for exponential growth' envisions clocking 175cr revenue by the end of this year

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   The consumer services industry is an ever-evolving market and is bracing for unprecedented growth. It is expected that India will step up to be the largest consumer market at the global level. Being one of the progressing markets; it has thus begun to capture investor as well as entrepreneur interest.  ICCS is one of the prominent names in the market and is one of the leading BPO service providers in India. It is known for its BPM and BPO domains as well as its highly responsive structure that seamlessly caters to the client’s inpidual needs.  The journey of ICCS from BPO to a brand ICCS was incepted in the year 2005 as a small international BPO company. However, the firm made concerted efforts over the years. As a result, it is now one of the leading BPO/BPM companies in the country.  Currently, the firm has delivery centres in eight cities, wherein it manages 13 million customer interactions in a month with the help of over 5000 executives. The brand boasts...

Mogul Press Is Disrupting The PR Industry

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    Acompany or personal brand needs to be built- brick by brick, to gain the customers' trust and maintain it.  It requires solid PR strategies that resonate authority with the brand's name and lead it to march towards the peak of excellence.  Making a mark in the industry and establishing your brand amidst the fierce, cut-throat competition is not an easy job, which makes public relations paramount. Choosing the right PR agency can massively benefit you by building a solid rapport in the market. While hundreds and thousands of PR firms are working tirelessly to leave no stone unturned in promoting their clients, there is one that has surpassed expectations and is in a different league altogether.  Mogul Press is an international public relations and communications agency making waves in the industry since its inception in 2019. It specializes in media placements, personal branding, and marketing strategy. Its global team brings value and creativity to the tabl...

Smart Business Event on How MSMEs Can Profit From Crypto

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    Crypto, NFT and blockchain are all that everybody is talking about. But how can MSMEs make use and profit off of this new era of digital currency? To answer this question and several more, Business Standard had organised a panel discussion under the Smart Business event series with the World Trade Centre last Thursday on ‘The role of blockchain and digital currencies in strengthening MSMEs'. At the event, Ashish Anand, founder of WHRRL, said “Crypto and blockchain will see a convergence of the real and crypto worlds with the help of solutions that are bridging the gap between these two worlds. Decentralised finance for the real world will be one such solution. This also has the potential to bridge the Rs. 30 lac Cr. credit gap that Indian MSME sector faces.” Gaurav Somvanshi, CEO and Co-founder, EmerTech Innovations Pvt Ltd, said “Blockchain technology is trying to solve, to bring trust in our systems instead of inpiduals or organisations, has many wide-ranging effects tha...

How social commerce is affecting consumer behaviour

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   Whenever it comes to trust, we tend to put our faith in familiar people and known faces. This is because we know the person based on our personal experience and trust them more than any other strange face. When it comes to money that is where all the actual influence works. If nobody trusts you, why would they invest in you or your products? These are the basic premises of market forces. Trust is a valuable but hard asset to earn. In the olden days, people used to communicate and products were promoted based on their experiences. Every organisation strives to gain the trust of consumers. The very first step is to understand how people view your products and how they learn about them. A business that just started, has to convince its customers as most consumers may not be aware of the product or its offering. So the real question becomes - how will they be able to promote it at an individual level? For instance, imagine a scenario: While walking on the street, you, as a walk...

Intel unveils 7 new 12th Generation chips for mobile creators, gamers

   Chip-maker  Intel  has unveiled seven new mobile processors to the 12th Gen  Intel  Core family for the growing community of content creators and gamers on smartphones, as the world grapples with chip shortage. The company said that the new 12th Gen  Intel  Core HX processors are "unlocked out of the box" and available in Core i5, Core i7 and Core i9 models. "We're enabling content creators to tackle the most demanding work flows like never before. Gamers and content creators will also have access to high bandwidth platform technologies like PCIe Gen 5 with RAID support, and support for ECC memory," explained Chris Walker, Intel corporate vice president and general manager of Mobility Client Platforms. The new Intel mobile chips utilise desktop-caliber silicon in a mobile package to deliver high levels of performance for professional workflows like CAD, animation and visual effects. The company said at an event late on Tuesday that the 12th Gen...

Gold trading at Rs 51,380 per 10 gm today; silver selling at Rs 61,900 a kg

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   The price of 10 grams of 24 carat gold on Wednesday went down by Rs 430 to Rs 51,380, while the price of 1 kg silver dipped by Rs 600 to trade at Rs 61,900. The price of 10 grams of 22 carat gold also decreased by Rs 400 on Wednesday to Rs 47,100, according to the Goodreturns website. The price of 10 grams of 24 carat gold in Delhi and Mumbai is at par with the price of 10 grams of 24 carat gold in Bengaluru, Hyderabad and Kolkata, with the precious metal trading at Rs 51,380 in these regions. The price of 10 grams of 22 carat gold in Delhi and Mumbai is also at par with the price of 10 grams of 22 carat gold in Bengaluru, Hyderabad and Kolkata, with the metal selling at Rs 47,100 in these regions. However, the price of 10 grams of 24 carat gold and 22 carat gold in Chennai is above the other cities at Rs 52,860 and Rs 48,460 respectively. The price of 1 kg of silver in Delhi, Mumbai and Kolkata is Rs 61,900, while in Chennai, Bengaluru and Hyderabad, the metal is trading a...

Decks cleared for 5G auction but will you enjoy the benefits anytime soon?

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   Ready to enjoy blazing-fast speeds with 5G? Looking forward to enjoying entertainment options, such as immersive video and wireless holograms, which were hard to come by in the past? Well, there is good  news  for you, at least depending upon which city you live in. We are one step closer in our tryst with new high-speed services. The decks have reportedly been cleared for the Department of Telecommunications, or DoT, to auction the 5G spectrum. In fact, India might see 5G services being showcased on 15th August. The Telecom Regulatory Authority of India, or TRAI, has left it to the  DoT  to take a decision on three crucial issues. The first is the validity period of spectrum assignment. The second is the deferment of auction in the 27.5 GHz-28.5 GHz band. And, the third is the quantum of spectrum that will be reserved for BSNL and MTNL. As a result, the whole process has become simple. Going ahead, the Digital Communications Commission, or DCC, will cle...

Delhivery raises Rs 2,346 cr from anchor investors as IPO opens today

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   Logistics major  Delhivery  on Tuesday raised Rs 2,346 crore from 64 anchor investors. The Gurugram-based firm allotted nearly 48.2 million shares at Rs 487 apiece, the upper end of its IPO price band. Sources said the anchor book saw nearly 10 times more demand than the shares on offer. Amansa, Goldman Sachs, Aberdeen, Tiger Global, Schroder, and Baillie Gifford were among the anchor investors who got an allotment. Seven domestic mutual funds (MF) invested through 15 different schemes. The allotment made to them formed 30 per cent of the anchor book. SBI MF and HDFC MF were among the domestic funds which got an allotment. Delhivery’s IPO size is Rs 5,235 crore, the second-biggest after LIC this year. The price band for the IPO is Rs 462 to Rs 487 per share. At the top-end,  Delhivery  will have a market cap of Rs 35,284 crore on a post-diluted basis. The company's IPO opens on Wednesday and closes on Friday. Delhivery  is looking to raise Rs 4,000 ...

What is e-passport?

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   During her Union Budget speech on February 1st, Finance Minister Nirmala Sitharaman announced the government’s plan on the issuance of  e-passports  embedded with an electronic chip in order to enhance convenience for citizens in their overseas travel. VO2> According to the proposal, the e-passport will be a combination of paper and electronic passport, with a Radio Frequency Identification (RFID) chip. An antenna will be embedded as an inlay in the back cover. The passport’s critical information will be stored in the chip and printed on the data page. The characteristics of the e-passport are specified by the International Civil Aviation Organization, an agency of the United Nations. The government clarified that data of the citizens obtained for e-passport will be used only for the purposes of issuance of the passport and related services. There will not be any secondary use of the data, thereby safeguarding privacy concerns. Further transaction processes are...

Indian inflation likely accelerated to an 18-month high in April: Report

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   Indian retail inflation likely surged to an 18-month high in April, largely driven by rising fuel and food prices and staying well above the Reserve Bank of India's upper tolerance limit for a fourth consecutive month, a Reuters poll found. The jump has been long anticipated following the Indian government's decision to wait until after key state elections in March to hike fuel prices. Energy prices globally have soared since Russia's invasion of Ukraine in late February. Food inflation, which accounts for nearly half the consumer price index (CPI) basket, reached a multi-month high in March and is expected to remain elevated due to higher vegetable and cooking oil prices globally. These factors likely pushed inflation in Asia's third-largest economy to 7.5% on an annual basis in April, according to a May 5-9 Reuters poll of 45 economists, from 6.95% in March. If realised, that would be the highest inflation rate since October 2020 and well above the RBI's upper ...

Microsoft Xbox Live gaming suffers massive outage, fixed after hours

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   Gaming lovers went through a rough patch when  Microsoft   Xbox  services suffered a massive outage that stopped them from launching Cloud games. Microsoft  later fixed the issue that lasted for several hours late on Sunday. The  Xbox  Live outage stopped some players from launching cloud games, playing digital games and making purchases from its store. "Players may be seeing improvement when purchasing & launching games & Cloud Gaming sessions. We are working on full resolution. If you still see issues, rebooting your console may help,"  Microsoft   Xbox  support said in a tweet. It later informed that the glitch was fixed. "Players should no longer be seeing issues when it comes to purchases, launching games, or joining Cloud Gaming sessions. Thanks for being patient. Happy gaming!" Some players were unable to even access streaming apps including Netflix and Disney Plus. Some users reported that Xbox prompted them to si...

WhatsApp rolls out Facebook-like message reactions feature with 6 emojis

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    The message reactions feature, which was announced last month by WhatsApp, will now be rolled out to its users. According to GSM Arena, it will work similar to how Facebook's reactions work. The user needs to long-press on a WhatsApp message and select the emoji he or she wants to react with. Right now, users get to choose from six emojis, as shown by Meta CEO  Mark Zuckerberg  in his Facebook post but WhatsApp has promised to add support for more emojis and skin tones in the future. The message reactions feature is already available for some users on the latest version of WhatsApp, but it will be about a week or two before it reaches all WhatsApp users globally. In addition to reacting to messages with emojis, WhatsApp users can also share larger files now since WhatsApp has increased the file transfer size from 100MB to 2GB. Besides, WhatsApp has doubled the maximum number of participants allowed in a group chat, from 256 to 512 people. However, as per GSM Aren...

Samsung's upcoming foldables may power 'Snapdragon 8 Gen 1 Plus' chipset

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   South Korean tech giant Samsung's upcoming foldable smartphones, Galaxy Z Fold 4 and Z Flip 4, are likely to come with Qualcomm's Snapdragon 8 Gen 1 Plus chipset under the hood. According to a prominent tipster Ice universe, the company's much anticipated foldables will be powered by the Snapdragon 8 Gen 1 Plus. "I confirm again that Fold 4 and Flip 4 will use TSMC Snapdragon 8 gen1 plus (SM8475)," the tipster tweeted on Friday. Several reports have stated that the Galaxy Z Fold 4 will house a 4,400mAh battery as its predecessor. However, Z Flip 4 is said to have a bigger battery than the Flip 3. Previous reports said that the upcoming Galaxy z Fold 4 is expected to come with a hinge which might reduce weight. The new hinge will also bring improved water resistance and a dust-resistant certification. The overall primary camera setup is also said to get an upgrade to bring the Galaxy Z Fold 4 on par with the camera quality offered by the current flagship in the ...

Samsung Galaxy A73 5G is a perfect mid-range phone, with an imperfect price

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   Last year, when  Samsung  had launched its A72 device in the mid-range segment, it had received a fair bit of praise. Even though the price was still high, the phone had an excellent screen, better battery life and with some misgivings, and a good camera set up. It also allowed 25W charging. The speakers, however, were not that great, the refresh rate was just 90Hz and the processor was still a lower one. While  Samsung  has kept to its formula with the new A73 device, it hasn’t got rid of the misgivings from the previous generation. Instead, the price has been bumped up to Rs 41,999. It is overpriced compared to the mid-phone segment market. Camera has been upgraded to more pixels, but issues from the previous generation remain. Design Ergonomically, the A72 was a better design than the S20FE. Thankfully,  Samsung  has not changed the design aspect. The phone has a huge screen, but the fairly squarish bezels allow for better handling than the ...