Loading...
| Jan 01, 1970 | Daily Report |
| RISING BHARAT | News Count (102372) | |
21871. Korean steel giant evinces fresh interest to set up plant in Odisha
Make in India / Atmanirbhar
->
Investment in Bharat by companies of other countries
English
India
The New Indian Express
|
- BHUBANESWAR: South Korea Ambassador Shin Bongkil on Monday rekindled the hope of Posco investing 12 billion US dollar (approximately Rs 90,000 crore) in a steel project in Odisha.Bongkil said Korean steel giant Posco has plans to make one of the single largest FDI in the history of India with an investment of US $12 billion to set up an integrated steel plant in Odisha.
- Director of Korea Trade-Investment Promotion Agency Young Seaon Park said the Korean companies are very eager to work in the areas of renewable energy, water treatment and smart city projects.
- B2B meetings will be organised in September for exploring opportunities in smart city projects.
21872. 13 companies express interest in setting up data centres in Noida with Rs 22,000-crore investment
Make in India / Atmanirbhar
->
Investment in Bharat by Bhartiya companies
English
India
Financial Express
|
- Among the major ones are the Hiranandani group, the Adani group, which is setting up two projects of 50 MW each in the district with a combined investment of Rs 4,900 crore.
- Indospace Capital Advisors would be investing Rs 1,500 crore and NTT Global Data Centres, UK, has also been allotted land in Gautam Buddha Nagar (Noida) to set up a 70 MW data centre with an investment of Rs 1,500 crore, STT GDC. Singapore would be setting up an 18 MW project with an investment of Rs 1,100 crore and has already got the land allotted.
- In a report titled ‘2020 India Data Centre Market Update’, JLL has said NCR-Delhi is expected to emerge as a new data centre hotspot as demand from government departments and IT/ITeS are expected to drive further growth.
21873. [The Turning Point] Why four friends decided to tap non-metro towns with social commerce startup DealShare
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
->
Startups in Bharat
English
India
Your Story
|
- The Turning Point is a series of short articles that focuses on the moment when an entrepreneur hit upon their winning idea. Today, we look at Jaipur-based social commerce-based deals platform DealShare.
- The Eureka moment was when they saw that their experiments were successful and getting a phenomenal response. They quickly went from 20 orders to 2,000 orders per day.
- “All it needed was someone who could organise the local retailers and bridge a platform for them to sell. It was a win-win situation, beneficial to manufacturers and consumers and at much lower costs,” Vineet says.
21874. How Applause Entertainment is disrupting the OTT sector with shows like Scam 1992 and Criminal Justice
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
->
Startups in Bharat
English
India
Your Story
|
- Backed by Birla Group, Mumbai-based creative content studio Applause Entertainment works on a hub-and-spoke model, investing in the creation of content and monetising through execution platforms and distribution networks.
- The creative studio works on a hub-and-spoke model, investing in the creation of content and focusing on monetisation through execution platforms and distribution network.
- Applause’s newest content is Scam 1992, a Sony Liv 10-episode series directed by Hansal Mehta. Based on the book The Scam, who won, who lost, who got away, written by journalists Sucheta Dalal and Debashis Basu, it essays the life of broker Harshad Mehta and got a IMDB rating of 9.2.
21875. Indian UHNIs to invest up to USD 30 billion in country's tech startups by 2025: Report
Make in India / Atmanirbhar
->
Investment in Bharat by Bhartiya companies
English
India
The New Indian Express
|
- Indian UHNIs (ultra high net worth individuals) are expected to invest up to USD 30 billion in tech startups in the country by 2025, reflecting the growing investment opportunity for home-grown tech ventures, a report by 256 Network and Praxis Global Alliance said.
- The report titled, 'Turning Ideas to Gold', also noted that India could add 95 new tech unicorns to its 56-strong unicorn pool by the same time period.
- India currently has over 950 AI startups, more than 480 IOT startups, more than 80 AR/VR startups and over 30 robotics startups. The report said more than 55,000 Indian startups raised over USD 70 billion in funding between 2014-20.
21876. Pivot and Persist: How this children apparel startup bounced back from the impact of COVID-19 lockdown to emerge stronger
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
->
Startups in Bharat
English
India
Your Story
|
- Schoolay was started by Kiran and his co-founders - Rajakumaran and Hariharan in early 2018 with an aim to provide unisex activewear school uniforms, which had a sporty appeal. The products were sold primarily through an online channel.
- Today, Schoolay has around 100 products for children in the age group of 2-18. Some of its products include spectacles to protect against the harmful rays from computers, cap shields, face mask attached T-shirts, reusable protection kits, etc.
- Today, majority of its customers are from top 12 metros of the country and the startup has a reach across 8,000 pin codes.
21877. ZF to invest Rs 1700cr with plans to localise, make India global hub
Make in India / Atmanirbhar
->
Investment in Bharat by companies of other countries
English
Karnataka
Financial Express
|
- ZF, the renowned component maker provides the transmission for Mahindra Formula E cars and hence the German manufacturer is keen on providing this technology to possible customers.
- The plan also includes research & development, IT & digital innovation, manufacturing & material sourcing.
- The company claims that substantial progress has been made in the recent past to utilise the Indian supplier base for child part requirements for the various divisions. ZF will continue to use India’s manufacturing capabilities by setting up a new manufacturing facility in Chennai along with plans to increase the utilisation of other facilities.
21878. BSNL scheduled to roll out its 4G services by September 2022
Make in India / Atmanirbhar
->
Investment in Bharat by Bhartiya companies
English
India
News On Air
|
- the Government approved revival plan for BSNL and MTNL with administrative allotment of spectrum for providing 4G services with funding through budgetary allocation.
- BSNL has already begun necessary processes to go for a 4G tender. Nine hundred crore rupees incremental revenue to BSNL is expected in the first year of pan India 4G operations.
- BSNL has a liability of over 85 thousand crore and MTNL has over Thirty thousand crore rupees of liabilities. there is no proposal under consideration for disinvestment of BSNL and MTNL.
21879. Why this edtech startup and WhiteHat Jr rival is taking the animation route to coding
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
->
Startups in Bharat
English
India
Your Story
|
- Founded in 2017 by Naman and Anand Verma, the coding platform for kids went live in July 2020 after three years of product and content development.
- Tekie teaches text-based programming that requires writing actual coding language syntax.
- Gurugram-based Tekie finally went live in the middle of the pandemic as the buzz around edtech continued to soar. Soon after, the Indian government’s National Education Policy 2020 came as a cherry on the cake for the startup.
21880. Backed by Unacademy founders, this edtech startup is democratising software development education in India
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
->
Startups in Bharat
English
India
Your Story
|
- Nishant Chandra and Siddharth Maheshwari founded Newton School in 2019 provides an online full-stack training platform for software engineers. It charges zero upfront fees, and promises placement in top tech companies, with an annual package of over Rs 6 lakh.
- The startup identifies students with the maximum potential from across the country and puts them through an extensive admissions process. The admission process spans over two weeks in which each student’s motivations and learnability are tested.
- Because of the unique fees model, lakhs of candidates enrol for the series of codability and attitude tests.