Business

09 Sep

IBM has rekindled its collaboration with IIT-B and IISc, Bangalore to foster hybrid cloud and AI

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IBM has reaffirmed its research collaboration with IIT Bombay and IISc Bangalore to drive innovative solutions in hybrid cloud and AI. IIT Bombay joined the IBM AI Horizon Network in 2018 to advance AI research in India and in 2021, IBM and IISc Bangalore launched the IBM-IISc Hybrid Cloud lab to advance research in hybrid cloud technologies and drive breakthrough innovations in this area. IBM is collaborating with students, faculty, and industry researchers to drive innovation and provide practical solutions to global challenges. The project aims to enhance technology and contribute to a more advanced future. Collaborations will focus on…

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09 Sep

Tata Motors partners with Tata Power Renewable Energy Limited

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Tata Motors and Tata Power Renewable Energy Limited have signed a Power Purchase Agreement to develop a 12MWp solar project at their Pune commercial vehicle manufacturing facility. The project is expected to generate 17.5 million units of electricity annually, meeting 17.2% of the annualized requirement and potentially mitigating over 12400 tonnes/kWh of carbon emissions. This move aligns with Tata Group's commitment to environmental sustainability. The solar project is to be commissioned within six months after the PPA gets signedand will be a significant contributor to Tata Motors' long-term ambitions. The PPA will include rooftop installations. This 12MWp adds to existing…

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09 Sep

Thums Up launches upcoming campaign, “Thums Up Utha, India India Macha”

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Thums Up, a Coca-Cola brand, is launching a campaign titled "Thums Up Utha, India India Macha" to promote India's determination for the ICC Men's Cricket World Cup, aiming to inspire and motivate fans to believe in India's journey to victory. The exhilarating chapter features cricket icons-Ravindra Jadeja, Jasprit Bumrah, Mohammed Siraj, and the dynamic captain Rohit Sharmain a film that is centred around –‘making India believe in Team India’. The heart of the campaign lies within its unique storytelling, brought to life by none other than The King of Bollywood, Shahrukh Khan as the ‘Voice of Belief.’ Commenting on the…

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09 Sep

Union Minister launches 3-year partnership on Education to Entrepreneurship

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Union Minister for Education and Skill Development & Entrepreneurship Shri Dharmendra Pradhan announced a 3-year partnership titled "Education to Entrepreneurship: Empowering a Generation of Students, Educators and Entrepreneurs" between the Ministry of Education, Ministry Skill Development & Entrepreneurship, and Meta in New Delhi. Three Letters of Intent (LoI) were exchanged between Meta, NIESBUD, AICTE, and CBSE. Ministers Annpurna Devi and Rajeev Chandrasekhar also attended the event. Speaking at the event, Shri Dharmendra Pradhan said that the initiative launched today is in furtherance to Prime Minister Shri Narendra Modi’s vision of making India a skill capital of the world and empowering…

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09 Sep

Experience the ‘Home Shopping Spree’ on Amazon.in

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Amazon.in is offering a 'Home Shopping Spree', allowing customers to elevate their living spaces and rediscover comfort. Popular brands like Hindware, Havells, Eureka Forbes, Sleepwell, Livpure, HIT, Jager Smith, Kimberly Clark, Buildskill, and BSB Home are participating. The experience aims to transform bedrooms into serene settings or kitchens with top-tier culinary products. From September 7-10, 2023, Amazon.in is offering up to 70% off on various home décor, home improvement, kitchen appliances, lawn & garden equipment, wall decors, mixer grinders, fans, vacuums, cookware, power tools, auto products, and bathroom fittings. The sellers are offering top deals on home and kitchen appliances,…

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09 Sep

IBM and Indian Bank collaborate to modernize banking applications

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IBM and Indian Bank have partnered to modernize their front-end banking applications and address business growth in Core Banking Solution workloads. The collaboration focuses on secure compute infrastructure and deploying new applications. Indian Bank is one of the leading public sector banks in India, serving over 100 million customers with 5798 branches spread across the country and abroad. As part of their Project PARADISE, Indian Bank wanted to consolidate their Front Branch Servers for better manageability and availability at both Data Centres (DC) and Disaster Recovery (DR)centers, while also running their CBS workloads on the latest generation of IBM Power®…

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09 Sep

Cafe Coffee Day in trouble for Rs 228 crore payment default

Priyanka Bhowmick0 CommentsBusiness, IndiaBusiness, India

IDBI Trusteeship Services has filed an insolvency petition in the Bengaluru bench of NCLT against Coffee Day Enterprises Limited (CDEL) claiming dues of Rs 228.45 crore.The company is seeking appropriate legal advice and will take all appropriate steps to protect its interests in the above matter, CDEL said in a regulatory filing on Friday. "An application has been filed by IDBI Trusteeship Services Limited against the Company under Section 7 of the Insolvency and Bankruptcy Code, 2016 read with Rule 4 of the Insolvency and Bankruptcy Rules, 2019 in the National Company Law Tribunal, Bengaluru alleging default of Rs. 228.45…

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08 Sep

Paytm joined hands with TRTC enable online bus ticket booking

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India's One97 Communications Limited (OCL), the owner of Paytm, has partnered with Tripura Road Transport Corporation (TRTC) for online bus ticket booking, enhancing convenience for users. This move adds another state-owned transport company to Paytm's offerings in the payments and financial services sector. Paytm has launched an online ticket booking service for TRTC across AC buses, allowing users to book tickets for four routes: Agartala to Khowai, Khowai to Agartala, Agartala to Sabroom, and Sabroom to Agartala. The service also offers a 25% discount of up to Rs 100 for bookings made exclusively on the Paytm app. Paytm Spokesperson said,…

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08 Sep

World’s tallest Nataraja Statue at G20 Summit venue Bharat Mandapam came from TN

Priyanka Bhowmick0 CommentsBusiness, IndiaBusiness, India

G20 leaders will be greeted by a magnificent 27-foot Nataraja, the world's tallest dancing statue of Lord Shiva, in front of the Bharat Mandapam at New Delhi's Pragati Maidan this weekend. The statue is an Ashtadhatu (eight-metal alloy) piece of art, made by the sculptors of Swamimalai in Thanjavur district of Tamil Nadu. Weighing about 18 tons, it was brought across the country on a 36-wheel trailer. 61-year-old Srikanda Sthapathy, who created the idol along with his brothers, told The Indian Express that the design took inspiration from three revered Nataraja idols - the Thillai Nataraja temple in Chidambaram, the…

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07 Sep

MSDE has launched a module to enable government officials to become future-ready

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The MSDE, Department of Higher Education (DoHE), Department of Higher Education (DoHE) and Department of School Education & Literacy (DoSEL), and Capacity Building Commission (CBC) have launched the Annual Capacity Building Plan (ACBP) and the 'Know Your Ministry Induction Module' of MSDE to enable government officials to become future-ready and efficient public service delivery. These initiatives aim to build future-ready civil services with Mission Karmayogi, aligning with New India's vision. The government has constituted the Capacity Building Commission (CBC) to drive standardization and harmonization across the Indian civil services landscape. CBC aims to create India's own Civil Service Competency Framework,…

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