Business

29 Jan

Samsung Electronics and Google Cloud announces a multi-year period partnership to offer generative AI technology

Business BureauBusiness

Samsung Electronics Co., Ltd. and Google Cloud announced a new multi-year partnership to bring Google Cloud’s generative artificial intelligence (AI) technology to Samsung smartphone users around the globe. Starting with the Samsung Galaxy S24 series announced at Galaxy Unpacked in San Jose, California, Samsung will be the first Google Cloud partner to deploy Gemini Pro and Imagen 2 on Vertex AI via the cloud to their smartphone devices.  Samsung has become the first Google Cloud partner to deploy Gemini Pro on Vertex AI, a multimodal AI that can understand, combine, and understand various types of information. The feature is available…

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29 Jan

Samsung’s latest flagship smartphone features the most durable, scratch-resistant, and optically advanced Gorilla® Glass

Business BureauBusiness

Samsung Electronics and Corning have announced that the Galaxy S24 Ultra devices will feature Corning's new Corning® Gorilla® Armor cover material. Kwangjin Bae, EVP and Head of the Mechanical R&D Team, Mobile eXperience Business at Samsung Electronics said, “Corning’s Gorilla® Glass, together with the Galaxy S series, have driven innovation and made significant progress towards achieving greater durability. This partnership has made it possible for people to use our products with confidence and peace of mind.” Gorilla Armor offers an unparalleled combination of durability and visual clarity, delivering a richer display in sunlight and greater protection against damage caused by…

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29 Jan

Samsung launches the Galaxy S24 Ultra, Galaxy S24+ and Galaxy S24

Business BureauBusiness

Samsung Electronics unveiled the Galaxy S24 Ultra, Galaxy S24+ and Galaxy S24, unleashing new mobile experiences with Galaxy AI. Galaxy S series leads the way into a new era that will forever change how mobile devices empower users.  AI amplifies nearly every experience on Galaxy S24 series, from enabling barrier-free communication with intelligent text and call translations, to maximizing creative freedom with Galaxy’s ProVisual Engine, to setting a new standard for search that will change how Galaxy users discover the world around them. The company's President and Head of Mobile eXperience, TM Roh, expressed excitement about the potential of Galaxy…

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29 Jan

Smile Train, the cleft-focused NGO, collaborate with the University of Science & Technology Meghalaya

Business BureauBusiness

Smile Train, the largest cleft-focused NGO, collaborated with the University of Science and Technology Meghalaya (USTM) to host a student awareness and fundraising event, involving nearly 2000 students. The campaign was graced by Shri Mahbubul Hoque, Chancellor USTM, Prof GD Sharma, Vice Chancellor USTM, Dr D.M. Momin, Senior Medical Officer cum District Nodal Officer, RBSK, Smt. M. Tomang (DEIC Manager, Ri Bhoi District), Mr Johnson, State Coordinator, National Health Mission; representatives from Smile Train, Woodland Hospital, and a large number of USTM students. India experiences an estimated 35,000 children born with a cleft lip and/or palate annually. Hundreds of thousands…

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28 Jan

Ayodhya: US Firm Signs Agreement To Build Resort In Temple Town

Business CorrespondentBusiness

The Uttar Pradesh Tourism Department has entered in an agreement with the American firm M/s Anjali Investment LLC for the construction of a 100-room resort in Ayodhya. State Tourism and Culture Minister Jaiveer Singh said after the consecration ceremony of Ram Lalla, Ayodhya is witnessing an unexpected increase in the visits of devotees and tourists. The state government is working to enhance the visit of tourists, and to help them in availing lodge in the temple town, he said.  He said land has also been selected for the construction of resort, adding that the investment policy of the tourism department…

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27 Jan

LG expands its Youth Skill Program under CSR paving the way for youth empowerment

Business CorrespondentBusiness

As the nation celebrates National Youth Day, LG Hope Technical Skill Academy, a noteworthy Corporate Social Responsibility (CSR) project of LG Electronics, stands tall as a beacon of hope for the youth of our country. Since its inception in November 2022, this initiative has been making significant strides in empowering the next generation through comprehensive technical education. LG first Hope Technical Skill Academy was inaugurated at the NSIC campus, Okhla Delhi, marking a significant step towards addressing the critical need for skilled professionals in the electronics sector.  NSIC (National Small Industries Corporation) is the location partner for LG Hope Technical…

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27 Jan

SBI’s Verdict: Religare Finvest Limited Emerges from ‘Fraud’ Controversy

Business BureauBusiness

In a significant development, the State Bank of India (SBI), one of the lenders of Religare Finvest Limited (RFL), has removed RFL’s record, reported by it as fraud, from the Central Fraud Registry database. This decision follows an Order dated December 18, 2023 from the Honourable Delhi High Court directing SBI to remove the fraud tag.SBI informed RFL through a formal communication. In March 2023, RFL, a subsidiary of REL, successfully completed a One-Time Settlement with 16 lenders, paying over Rs 9000 crores to the country's banking system through organic collections. Currently, RFL is awaiting the lifting of the Corrective…

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27 Jan

ICICI Prudential Life launched a plan with Zero Surrender Charges

Business BureauBusiness

ICICI Prudential Life has introduced the ICICI Pru Guaranteed Pension Plan Flexi with Benefit Enhancer, the first annuity plan in the industry with zero surrender charges. This plan offers a 100% refund of premiums at any time from the purchase date, providing customers with guaranteed income for life. Customers can choose the Joint Life with Waiver of Premium, which waives off future premiums in the event of the customer's death. The product benefits of guaranteed regular life-long income are paid out to the second annuitant or joint holder, who can be the spouse, parents, or children. The plan aligns with…

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27 Jan

Ather Energy launches ‘Ather Rizta’, a family-oriented scooter

Business BureauBusiness

Ather Energy, one of India’s leading electric vehicle manufacturers, announced on Friday the upcoming launch of its new family-oriented electric scooter, named "Rizta." Breaking away from their sporty and youthful design ethos, seen in the 450 Series, the Rizta aims to cater specifically to the needs of families. Rizta has been spotted testing in Bengaluru a couple of months ago. Ather Energy's co-founder and CEO, Tarun Mehta, tweet the launch of a larger, family-friendly scooter that is comfortable, safe, spacious, and affordable. Tarun has shown his excitement the family scooter, Rizta, in a recent tweet, revealing its development since 2019.…

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27 Jan

Ola Krutrim becomes India’s fastest unicorn

Priyanka BhowmickBusinessBusiness, India

Krutrim, a homegrown AI company of Ola's Bhavish Agarwal, on Friday announced that it has successfully closed its first funding round with a significant $50 million investment. Led by key investors including Matrix Partners India, the round valued Krutrim at $1 billion, making it India's fastest unicorn and the country's first AI unicorn. On the announcement, Agarwal said, "At Krutrim, we are committed to building India's first complete AI computing stack. We are thrilled to announce the successful completion of our first funding round, which not only validates the potential of Krutrim's innovative AI solutions but also underscores investors' confidence…

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