The funding has been received by the ed-tech startup after a gap of three years
business
Government working on gold policy, gold council: Suresh Prabhu
New Delhi, Nov 23 (IANS) The government would soon bring out an integrated gold policy and set up a domestic gold council to promote growth in the sector, Commerce Minister Suresh Prabhu said on Friday. Prabhu said the government is also looking at the industry’s demand for cutting import duty[Read More…]
Shock decline in vehicle sales hit dealers this Diwali
Mumbai: An “unexpected de-growth” during the festival season this year has shocked the automobile industry with consumers “postponing” purchase of both two and four-wheelers, a top industry official said here on Friday. During the festival season Navratri to Diwali, the Federation of Automobile Dealers Association (FADA) recorded a dismal decline[Read More…]
Cabinet approves MoU with Mauritius on consumer protection, legal metrology
New Delhi, The Union Cabinet on Thursday approved an MoU between India and Mauritius on consumer protection and legal metrology. The MoU is beneficial for bilateral relations and will help in expanding cooperation in the field of consumer protection and will provide an institutional mechanism for exchange of information and[Read More…]
Bharti AXA Life logs 52% growth in new policies
Mumbai, Bharti AXA Life Insurance Company Ltd on Thursday said its fresh business had increased by 52 per cent during the first half of the current fiscal. The company also said it would expand its branch network 236 by the end of this year from the current 216 branches. In[Read More…]
Apple acquires AI startup Silk Labs
San Francisco, Apple has acquired a Startup called Silk Labs that works on Artificial Intelligence (AI)-based personal assistant technology for smartphones and smart home devices. According to a report in The Registrar, the quietly-done acquisition for an undisclosed sum is aimed at strengthening Apple’s AI capabilities towards smart home devices.[Read More…]
Outgoing Facebook executive says he hired controversial PR firm
San Francisco: Facebook‘s outgoing Head of Communications and Policy Elliot Schrage has taken the full responsibility for hiring a Republican-owned political consulting and PR firm Definers Public Affairs that is alleged to have “dug up dirt” on competitors. In a blog post, Schrage said the legal team at Facebook continues[Read More…]
Indian mobile industry needs competitive tax regime: ICEA
New Delhi, The Indian mobile manufacturing industry needs a competitive direct tax regime to grow and pose a tough competition to other mobile manufacturing countries, said Pankaj Mohindroo, Chairman of the Indian Cellular and Electronics Association (ICEA). Speaking to reporters here on Wednesday, Mohindroo said the industry body has also[Read More…]
50% ATMs in India may shut down by March: CATMi
Mumbai, Nearly 50 per cent of the Automated Teller Machines (ATMs) may be shut down by March 2019 due to unviability of operations, hitting hard both urban and rural population, the Confederation of ATM Industry (CATMi) warned on Wednesday. Currently, India has approximately 2,38,000 ATMs, of which around 1,13,000 ATMs[Read More…]
Piramal Glass deploys Microsoft Azure IoT platform for seamless production
Mumbai, Glass packaging company Piramal Glass on Tuesday announced that it has deployed Microsoft’s Azure IoT platform to digitally transform its manufacturing operations. Piramal Glass has implemented the solution, titled “Real-Time Manufacturing Insights” (RTMI), on 46 production lines across its four plants at Kosamba and Jambusar in Gujarat, Sri Lanka[Read More…]
