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| Jan 01, 1970 | Daily Report |
| RISING BHARAT | News Count (102405) | |
21631. [Startup Bharat] How this school dropout is building a Made in India alternative to Adobe Photoshop
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
English
India
Your Story
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- Rajkot-based Made in India company InsideLogic Software has built AI-based image editing and album designing software. It is targeting Rs 2 crore revenue by 2022.
- In Gujarat’s garba capital Rajkot, Aslam Solanki is doing what most Indian entrepreneurs aim to do: thinking local and building global. With a vision to solve issues faced by digital designers, be it photographers, album designers, and graphic designers, Aslam has built automated design solutions.
- “We are indirect competitors to Adobe Photoshop. But we are faster, better, and cheaper,” Aslam claims.
21632. Steel Minister seeks Japanese investment in fast-growing Indian steel market
Make in India / Atmanirbhar
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Investment in Bharat by govt of other countries
English
Japan
The Economic Times
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- Union Steel Minister Dharmendra Pradhan urged Japanese investors to invest in India's steel sector.
- Dharmendra Pradhan was speaking at a 'Workshop on Enabling Procedures for Increase of Steel Usage for the Growth of Economy' event organised by jointly
- Highways, roadways and bridges are another key focus area of the government where steel will be required in huge quantity”. "All these areas will require different grades of steel and Japan which is a master in technology can explore business opportunities in our steel sector,"
21633. How Mumbai-based wellness startup Olena helps people stay fit with plant-based protein products
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
English
India
Your Story
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- Mumbai-based wellness startup Olena is a D2C plant-based nutrition brand that produces and sells vegan supplements and protein products across India.
- Akash Zaveri launched Olena in 2018 to help Indians live a healthy life by consuming plant-based diets after he realised the benefits of adopting a completely vegan diet in 2015 while he was working in California.
- “Olena is a plant-based nutrition brand founded with a vision to awaken the world to the potential of plant-based nutrition. With modern lifestyles and industrialised farming methods, eating high quality, bioavailable foods has become increasingly difficult. Also, finding good products that pack in the benefits of nature has become a challenge in developing countries such as India. We believe that elevating mind, body, and planet are key to living a healthy, happy life and plant-based nutrition is key to achieving this,” Akash told
21634. Swiss firm plans steel plant in Kadapa district
Make in India / Atmanirbhar
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Investment in Bharat by companies of other countries
English
Switzerland
The Economic Times
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- Swiss major IMR Metallurgical Resources-AG has proposed to set up a steel plant in Kadapa district of Andhra Pradesh at an investment of over Rs 12,000 crore and an annual production capacity of 10 million tonnes. This would be the second steel plant that has been proposed in Kadapa district in the Rayalaseema region of the state.
- The state government also entered into an agreement with National Mineral Development Corporation for supply of iron ore for the proposed steel plant, with a capacity of three million tonnes.
- IMR officials said their activities in iron ore, coal and gold mining extended to Indonesia, South Africa, Mexico, Columbia, Italy, Ukraine, besides India. The company was into power and steel production as well.
21635. कहानी एक मां की:उषाशी रथ ने पायलट बेटे को खोने का गम भुलाने के लिए काउंसिलिंग सेंटर खोलें, अपने स्टार्ट अप 'उत्कला' के जरिये कोरोना काल में बनीं कारीगरों का सहारा
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
Hindi
India
Dainik Bhaskar
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- 2009 में उन्हें नवी मुंबई में 'बेस्ट वुमन इंटरप्रेन्योर' के अवार्ड से सम्मानित किया गया | बेटे के न रहने पर ऐसा लगा जैसे सबकुछ खत्म हो गया है। वे डिप्रेशन में थी। उन्हीं दिनों उन्होंने अपने दोनों स्कूल बंद कर दिए
- उषाशी का संबंध एक ऐसे परिवार से हैं जहां अधिकांश लोग शिक्षक हैं। उन्होंने बचपन से अपने घर में पढ़ाई-लिखाई का माहौल देखा। वे 1986 में शादी के बाद अपने पति के साथ मुंबई आ गईं। वे घर में रहने के बजाय कुछ करना चाहती थीं।
- इसलिए मॉन्टेसरी ट्रेनिंग ली और एक प्री स्कूल में टीचर बन गईं। उसके बाद 2001 में नवी मुंबई क्षेत्र में खुद का प्री स्कूल शुरू किया जिसका नाम 'स्टेपिंग स्टोंस' रखा।
21636. Hilton to double presence in India in next 4 years'
Make in India / Atmanirbhar
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Investment in Bharat by companies of other countries
English
India
The Times Of India
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- Hilton Worldwide Holdings Inc is finally stepping on the gas in India where it currently has only 3,100 rooms across 19 properties. The American hospitality major will add 3,200 rooms in 17 new properties over the next four years. While Hilton will be adding properties in some cities where it is already present like Jaipur, it will also venture into new markets like Hyderabad and Varanasi. There will be a greater focus on tier II cities in coming times, said Dhruv Hoon, Hilton India’s VP-development.
- Seven hotels are going to open in the next 22 months. The group plans to brings its top of the line Waldorf Astoria to India and is looking at Delhi, Mumbai ,Goa as one of the possible locations, luxury brands ‘Curio Collection’ and Tapestry Collection’ to India, Hoon added.
- All upcoming Hilton hotels in India will be “digital key” compliant. This opens any door a guest will normally access with a key card like room, elevators and fitness centre. “Open the app, and when you are within a few feet of a door.”
21637. Direct overseas listing a big boost for startups, say experts
Make in India / Atmanirbhar
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Investment in Bharat by companies of other countries
English
India
The Economic Times
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- a few Indian companies have American Depository Receipts (ADRs) that are traded in the US. The Cabinet on Wednesday approved a proposal to allow direct listing of Indian companies overseas, paving the way for many startups to tap overseas liquidity for their funding needs.
- This would require an amendment to Companies Act, 2013, for having enabling provisions that would permit foreign listing of Indian corporates.Currently, quite a few Indian companies have American Depository Receipts (ADRs) that are traded in the US.
- Some other corporations have their Global Depository Receipts (GDRs) listed in overseas exchanges.
21638. This Hyderabad startup is helping people take better financial decisions
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
English
India
Your Story
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- Finoramic’s mobile application Figg analyses the finances and expenses of users, and suggests whether they should make investments, buy certain products, and also how the transaction will impact their future plans.
- Hyderabad-based Finoramic Inc is aimed at enabling people make better financial decisions through its mobile app, Figg. The app analyses the finances and expenses of the users and suggests whether they should make certain investments, buy certain products, and also how will the transaction impact their future plans.
- Launched in 2017 by Sachin Gupta, Finoramic initially acted as a B2B player where it worked with other fintech companies. However, the company realised the platform’s capabilities were not used to its best and the adoption was slow. In order to ensure the product reached the end customers properly, the startup pulled out its B2B services and launched its B2C app Figg last year.
21639. How this gaming startup wants to change the game with a league for desi sports
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
English
India
Your Story
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- Mumbai-based online gaming startup OKIE Gaming is working in line with PM Narendra Modi’s appeal to create games inspired by Indian culture. It is launching games such as Dahi Handi and Vallam Kali in a digital format, and readying a Desi Sports League.
- Launched by Mumbai-based OKIE Ventures in February 2020, homegrown gaming platform OKIE Gaming aims to tap into the evolving market with indigenous digital games. Founded in 2011, OKIE Ventures’ business portfolio includes manufacturing, gaming, and healthcare.
- The startup is in line with India’s aatmanirbhar plans. In August, Prime Minister Narendra Modi had said India should tap the huge potential in the digital gaming arena by developing games that are inspired from its culture and folk tales.
21640. Government charts plan to boost FDI flows
Make in India / Atmanirbhar
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Investment in Bharat by companies of other countries
English
India
The Times Of India
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- The government has begun consultations with stakeholders on ways to step up foreign investment into the country, with commerce and industry minister Piyush Goyal launching discussions with investment bankers, consulting agencies and law firms.
- A third strategy is to get Indian MSMEs to scale up and an attempt is being made to identify some of the areas, where it is possible to do so. But policy constraints such as investment caps are seen to be hobbling the plan.
- A source engaged with the deliberations, however, said these are initial consultations as companies are currently focused on battling the coronavirus pandemic, with many of them trying to resurrect their existing operations and also looking for liquidity.