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| Jan 01, 1970 | Daily Report |
| RISING BHARAT | News Count (102374) | |
21851. TV maker SPPL announces Rs300 crore investment in India to increase capacities
Make in India / Atmanirbhar
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Investment in Bharat by Bhartiya companies
English
India
Mint
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- Domestic television manufacturer Super Plastronics Pvt. Ltd(SPPL) announced a Rs300-crore investment in India, phased over three years, to build its manufacturing capacities. The company said the investment will go towards strengthening its capabilities in Internet of Things (IoT) technologies to meet the demand of the “new Indian customer".
- The company aims to use the investment towards strengthening its capabilities in Internet of Things technologies to meet the demand of the new Indian customer The company said the investment would help Kodak’s HD LED TVs “disrupt the market" and help address consumers’ work from home needs
- The company’s TVs will connect to other smart home devices and it will also develop a mobile application to integrate TVs and appliances, which will work through voice commands.
21852. [RAISE 2020] How two childhood friends are making knowledge accessible through a one-stop video localisation startup
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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- India is a country with a population of over 1.3 billion, 90 percent of whom do not speak in English. Not surprisingly, there are 22 major languages spoken in India, and nine out of 10 people joining the internet are local language speakers. However, the educational content available on the internet that can be consumed by the masses of India (ie, local language videos) is very low.
- With a combination of tech and business skills, Pratik and Hassan started working on VideoWiki in January 2018 to develop a tool that would help Wikipedia to add videos to their article.
- Pratik tells YourStory, “We both wanted to use our skills to help the society rather than focus on making money. While I had the insight into multilingual videos, Hassan had the technical skills to pull it off. So we got together in building VideoWiki. However, from day one, we knew that we wanted to structure our organisation as a tech non-profit rather than build just another startup.”
21853. Sona Comstar to invest Rs 370 crore in new manufacturing facility
Make in India / Atmanirbhar
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Investment in Bharat by Bhartiya companies
English
India
ANI
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- Sona Comstar inaugurated a differencial assembly manufacturing plant in Manesar, Haryana being set up at a cost of 370 Cr.
- `It is expected to generate direct employment to 720 skilled workers and indirectly thousands of jobs. The plant manufacturers differencial assemblies and e-drive modules for its global customers, furthering the vision of 'Atmanirbhar Bharat' and 'Make in India'for the world.
- It’s an Indian origin, global automotive systems and components manufacturers with nine manufacturing and assembly plants across India, China, Mexico and US
21854. Renewable Energy: Greenko To Invest Rs 30,000 Crore To Set Up A Hybrid Project In Rajasthan’s Baran District
Make in India / Atmanirbhar
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Investment in Bharat by Bhartiya companies
English
Rajasthan
SWARAJYA
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- India’s leading renewable energy company Greenko Group plans to invest Rs 30,000 crore to develop a hybrid project at Shahpur, Baran district of Rajasthan. The hybrid project also includes a pumped hydro storage project of 2,520 megawatt (MW) capacity estimated to cost Rs 11,882 crore.
- Pumped hydro storage allows energy from intermittent sources such as solar, wind and other renewables to be saved for periods of higher demand. Greenko Group has a current operational capacity of about seven gigawatt (GW) and a pipeline of about eight GW
- The project when completed by 2023-24 will be the world’s largest renewable energy asset and would contribute to the state’s efforts as a model in the adoption of solutions for a sustainable future,” said Anil Chalamalasetty, founder, managing director and chief executive officer, Greenko Group.
21855. NLC India-Coal India JV to invest in 3,000 MW solar power projects
Make in India / Atmanirbhar
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Investment in Bharat by Bhartiya companies
English
India
The Economic Times
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- Chennai: Integrated lignite mining-cum-power generation company NLC India Ltd and Coal India Ltd have plans to get into 3,000 MW of solar power generation, a top NLC India official said.
- "NLC India and Coal India have formed a joint venture company Coal Lignite Urja Vikash Private Ltd. We will be bidding for about 3,000 MW of solar power projects that will be tendered. The investment needed will be about Rs 125 billion," NLC Chairman-cum-Managing Director Rakesh Kumar told IANS.
- He said Coal Lignite Urja is a 50:50 joint venture company and NLC India has already invested Rs 1 lakh as its share of equity. "As per plans the debt-equity ratio will be 70:30," Kumar said.
21856. This edtech startup aims to provide holistic education by integrating liberal arts with science and technology
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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- The Bengaluru-based edtech startup takes a holistic approach towards education and is looking to provide courses on history, culture, communication, diversity, and so on to provide soft skills to technical engineering and management students.
- The founder also revealed that the company, which was initially expected to launch in March this year, got delayed due to the COVID-19 pandemic. The startup is looking to officially launch its product this month (November), and has already partnered with institutions for starting the courses for the upcoming batches.
- “Due to the coronavirus crisis, our operations started only in July 2020. While it delayed the product development process, this came as a blessing in disguise as during this period the government announced the National Education Policy, which perfectly aligns with DALHAM’s core thought of holistic learning and liberal education, especially with regard to higher education,” he adds.
21857. Start-up Homingos secures funding from global and Indian investors
Make in India / Atmanirbhar
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Investment in Bharat by Bhartiya companies
English
India
ANI
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- Bangalore-based start-up Homingos, building one of the world's first Augmented Reality (AR) based social networking platform, today announced a round of funding. Founded by Shourya Agarwal, Malhar Patil and Rajat Gupta, BITS-Pilani graduates, Homingos will use the investment to accelerate the development of a first-of-its-kind intelligent, scalable and seamless AR powered platform and camera interface.
- Using the Homingos camera app as an interface to the real world, the platform will allow users to experience the magic of AR as they connect, share, express and interact in ways rarely experienced before.
- The funding will also go towards user acquisition, strengthening the talent pool and developing innovative tools as the mainstay of social sharing, going beyond games, filters and effects. User-generated content is the lifeline of any social networking platform. One of Homingos' early offerings, "Smartphotos" has turned out to be the new way of how people store videos in a printed photo. Any user can order a Smartphoto through the Homingos website or the mobile app, by uploading or creating a video.
21858. Xiaomi to invest ₹100 crore in India over the next two years
Make in India / Atmanirbhar
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Investment in Bharat by companies of other countries
English
India
Mint
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- Chinese smartphone maker Xiaomi said it will invest ₹100 crore in India to double its retail touch points in the country to 30,000 in the next two years. The investment will help retail partners set up and run these new stores. The company said it wants to “foster retail entrepreneurship" in rural markets, and the investment will create over 10,000 new jobs.
- It will also open a new Mi Retail Academy, where it plans to train sales and customer management staff in skills like in-store designing, marketing, customer service and retail excellence.
- With this new initiative, we are determined to expand our presence and reach out to our customers in the convenience of their home towns," said Manu Jain, managing director of Xiaomi India. Xiaomi owns 26% of the Indian smartphone market share by shipments, followed by Samsung with 19% share.
21859. Gulf Capital plans investment of Rs 250 crore to open 18 ART fertility clinics in India
Make in India / Atmanirbhar
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Investment in Bharat by Bhartiya companies
English
India
The Economic Times
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- Alternative asset management firm Gulf Capital said it plans to invest a total of Rs 250 crore in India to open 18 ART Fertility Clinics to provide fertility treatment across the country in two years.
- The first two clinics in Gurugram and New Delhi have commenced operations. They will be followed by clinics in Ahmedabad, Hyderabad, Mumbai, Chennai, Bengaluru and Kolkata in the next four months, Gulf Capital said in a statement.
- ART Fertility Clinics India CEO Vinesh Gadhia said, "We are very bullish about our aggressive plans to launch 18 states of art IVF clinics across India in two years. We have plans to invest a total of Rs 250 crore in India in two years". ART Fertility Clinics was started as an extension IVI RMA Global in 2015 under the brand name IVI Middle East. In Jan 2020, IVI RMA divested its ownership to Gulf Capital and the entity was rechristened as ART Fertility Clinics.
21860. Onmobile investment: ऑनमोबाइल ने वीडियो ऐप चिंगारी में किया 95 करोड़ का निवेश
Make in India / Atmanirbhar
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Investment in Bharat by Bhartiya companies
Hindi
India
India.com
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- बेंगलुरु स्थित दूरसंचार कंपनी ऑनमोबाइल (Onmobile) ने स्वदेशी शॉर्ट-फॉर्म वीडियो ऐप चिंगारी (Short form video app chngari) में 95 करोड़ रुपये का निवेश किया है.
- इस करार के एक हिस्से के तौर पर ऑनमोबाइल (Onmobile) अपने डायरेक्ट-टू-कंज्यूमर गेमिंग प्लेटफॉर्म ओन्मो (OMNO) का चिंगारी ऐप (Chingari App) पर एकीकरण और वितरण करेगी और इसके तहत लाखों की संख्या में यूजर्स की सेवा करने के लिए अन्य मोबाइल उत्पाद एकीकरण पर सहयोग किया जाएगा.
- दूसरी तरफ चिंगारी द्वारा राशि का इस्तेमाल अपने कंटेंट पोर्टफोलियो का विस्तार करने, टॉप टैलेंट को हायर करने और अपने यूजर्स की संख्या में तेजी लाने के लिए किया जाएगा. चिंगारी ने कहा कि इस निवेश से यूजर्स की 5.6 करोड़ की संख्या को 10 करोड़ तक ले जाने में मदद मिलेगी.