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15 Jul

Google to pick 7.7 pc stake in Jio for Rs 33,737 crore.

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Google will pick up 7.7% stake in Reliance Industries’ technology venture for ₹33,737 crore, richest Indian Mukesh Ambani said on Wednesday. “We are delighted to welcome Google as a strategic investor in Jio Platforms. We have signed a binding partnership and an investment agreement under which Google will invest ₹33,737 crores for a 7.7% stake in Jio Platforms,” Mr. Ambani said at the company’s annual general meeting. This takes the cumulative fund raising by Reliance in less than three months to ₹2,12,809 crore, he said. This would be a rare instance of two FANG — Facebook, Apple, Netflix, Google —…

15 Jul

Jio says it will launch 5G service with Made-In-India.

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Jio Platforms has designed and developed a complete 5G solution from scratch. Jio's 'Made-in-India' 5G tech will be deployed and launched in a year once spectrum becomes available. Reliance Industries (RIL) claims that once it is proven in India, Jio Platforms will be well placed to be an exporter of 5G solutions to other telecom operators globally as a complete managed service. “Today, I have great pride in announcing that Jio has designed and developed a complete 5G solution from scratch. This will enable us to launch a world-class 5G service in India, using 100% homegrown technologies and solutions,” said…

11 Jul

Amazon says it will not ban TikTok from employee phones.

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Roughly five hours after an internal email went out Friday to Amazon employees telling them to delete the popular video app TikTok from their phones, the online retailing giant appeared to backtrack, calling the ban a mistake. “This morning’s email to some of our employees was sent in error,” Amazon emailed reporters just before 5 p.m. Eastern time. “There is no change to our policies right now with regard to TikTok.” The development comes days after India banned 59 Chinese apps, including Tik Tok and UC Browser, saying that they are "prejudicial to sovereignty and integrity and defence" of the…

11 Jul

Almonds for stronger immunity

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Almonds are high in Vitamin E, which acts as an antioxidant to support pulmonary immune function. Vitamin E is also known to offer protection against infections caused by viruses and bacteria. Beyond this, almonds are also high in Copper. Copper contributes to the normal function of the immune system. So, regular consumption of almonds that are a source of vitamin E, zinc, copper, foliate, and iron, can contribute to a stronger immune system, according to Ritika Samaddar, Regional Head (Dietetics), Max Healthcare Delhi. She said almonds are a source of iron. Iron plays a significant role in immune cell proliferation…

11 Jul

Sony to establishes Sony Research India

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Sony Corporation (‘Sony) announced that it established a research company ‘Sony Research India Private Limited’ (Sony Research India) effective July 1, 2020. Sony Research India consists of R&D Center India Bengaluru Laboratory and Mumbai Laboratory as part of Sony’s Global R&D centers. Through the establishment of Sony Research India, Sony will seek to leverage its multi-sites structure and talent for the excellence of its research. Sony Research India also aims to accelerate the collaboration with its entertainment and electronics business groups, while further enhancing competitiveness and capability of research and development in India. Sony Research India is also offering outstanding…

09 Jul

Honda launches BS 6-compliant turbo diesel Civic in India at ₹20.74 lakh.

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The BS6 compliant diesel-powered Honda Civic has been launched in India at Rs 20.74 lakh (ex-showroom Delhi). It is available in the VX and ZX variants and across five colour options with bookings open since 16 June. The BS6 Honda Civic diesel variant is powered by a 1.6 i-DTEC Diesel Turbo engine. The engine from the ‘Earth Dream Technology’ series offers a maximum power output of 120 PS and a peak torque of 300 Nm. The engine is mated to 6-speed manual transmission. “Honda is committed to bring its latest and advancedenvironment friendly technologies to the Indian market. With the…

09 Jul

Flipkart’s launches social commerce on 2Gud platform

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With the aim to widen the customer proposition, Flipkart launched social commerce on its independent value platform - 2GUD. 2GUD’s social commerce platform will allow users to have an uninterrupted video shopping experience with their favourite influencers showcasing the latest fashion trends, reviewing gadgets, sharing beauty tips and so much more. This social commerce feature will be available to all app users. Consumers on 2GUD’s social commerce platform will be exposed to a feed of videos made by a hand-picked influencer network across various topics and categories. These influencers will curate their favorite products as part of their collection in…

09 Jul

Coca-Cola & Save the Children to help Amphan victims

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With funding from The Coca-Cola Foundation, Coca-Cola in India has partnered with Save the Children to address the food security and shelter needs of affected victims of Cyclone AMPHAN, through a comprehensive relief assistance programme. The programme was rolled out in Kolkata in the presence of Sourav Ganguly and Mr. Hemant Goenka, Managing Director, Diamond Beverages Pvt. Ltd. (DBPL), bottling partner of Coca-Cola in West Bengal. This initiative will focus on aiding safe and hygienic drinking water, food security, shelter needs and livelihood in East Medinipur, Kolkata and South 24 Paraganas. Over 1-lakh households displaced and 6-lakh people evacuated in…

04 Jul

2020 Honda to launch 5th generation City on July 15.

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After a slight delay due to the COVID-19 pandemic, the fifth generation Honda City sedan will be launched in the market on July 15, 2020. Honda began production of the new model late last month, and it has already started accepting bookings for the midsize sedan. The Honda City midsize sedan will be available with both petrol and diesel engine options. The petrol variant will be powered by a 1.5L i-VTEC engine that will be available with a 6-speed manual gearbox and a CVT options. The engine churns out 121 PS of power at 6,600 rpm and 145 Nm of…

03 Jul

Svatantra Microfin helps Amphan affected

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A next-gen technology-driven microfinance company, Svatantra Microfin Private Limited operates in rural areas of the country. It offers not only micro-credit but a bouquet of financial services like Cashless Health Insurance, Personal Accident and Home Insurance. The comprehensive list of offerings is designed as per the needs of rural customers. In the wake of the recent calamity due to Cyclone Amphan in the coastal areas of West Bengal and Odisha, Svatantra Microfin’s Home Insurance (Standard Fire Special Peril Policy) has proved a key to recover from this “Act of God” devastation. Several coastal districts of West Bengal and Odisha are…