Year: 2024

Get upto 90%* Assured Buyback on HONOR X9b with the HONOR Protect Plan

Vijay Raman

  −         HONOR Protect Plan worth Rs 2,999 absolutely free of cost inclusive of Screen Replacement, Assured Buy-back and Extended Warranty, powered by OnsiteGo   New Delhi: HONOR has introduced the HONOR Protect Plan, powered by Onsitego with the newly launched X9b, for the Indian market to provide eXtra assurance and peace of mind to its consumers. The scheme, valued at Rs 2,999, is available absolutely free of cost for HONOR X9b customers, and is aimed at fostering long-term consumer trust in the brand and underscores the company’s focus on…

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Indigenous marine-grade aluminum will be used in the construction of ships

Vijay Raman

Indian Coast Guard (ICG) and Hindalco Industries on May 10, 2024 signed a Memorandum of Understanding (MoU) in New Delhi for the purpose of manufacturing and supplying indigenous marine-grade aluminum to public and private shipyards of India for construction of ships. Signed. This MoU will also provide benefits like quarterly pricing, priority in supply and discount on selling amount. The Indian Coast Guard currently operates a fleet of 67 aluminium-hulled vessels capable of operating in shallow waters. The Indian Coast Guard plans to induct more such ships to further boost…

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Indigenous design and construction of 8th ASW SWC ships begins in Kolkata

Vijay Raman

Inauguration ceremony of construction work (keel laying) for 8th ASW SWC (Ex-GRSE) was held on 10 May 2024 at M/s GRSE, Kolkata. The ceremony was presided over by VAdm B Shivakumar, Controller Warship Production & Acquisition in the presence of Commander PR Hari, IN (Retd), CMD, GRSE and other senior officers of the Indian Navy and M/s GRSE. The contract for indigenous design and construction of 08 x ASW SWC ships between Ministry of Defense and M/s GRSE, Kolkata was concluded on 29 April 2019. So far six ships of…

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Oil marketing companies earned more than 25 times in the financial year 2023-24

Vijay Raman

According to the Ministry of Petroleum and Natural Gas, the combined profit of OMCs for FY 2023-24 stood at Rs 86,000 crore, 25 times more than the previous financial year. For the full 2023-24 financial year, HPCL reported a record net profit of Rs 16,014 crore, compared to a loss of Rs 6,980 crore in the previous year. Indian Oil Corporation Limited (IOCL) also celebrated stellar performance by achieving milestones in refinery throughput, sales volumes and net profit during FY 23-24. BPCL's profit after tax for FY 2023-24 increased to…

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National Technology Day 2024 marks a significant milestone in technological advancements across sectors

Vijay Raman

  Ahead of National Technology Day on May 11th, 2024, we would like to share the views of   ·         Anirban Roy, VP, Engineering, Financial Software and Systems (FSS) ·         Arun Nayyar, MD & CEO, NeoGrowth ·         Arpan Sahoo, Chief Operating Officer ·         KaleidEO; Rashmit Singh Sukhmani, CTO and Co-Founder, SatSure ·         Dr. Vishnu Vardhan, Co-founder & CEO, SML India ·         Dilip Modi, Founder, Spice Money ·         Anuj Garg, VP-Blockchain, ZebPay ·         Rohit Jetly, Head of Global Platform Solutions – Platform Delivery and Country Head – India, Fidelity International     Anirban Roy, VP – Engineering, Financial Software and Systems (FSS)  “National Technology…

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Vice Admiral Sanjay Bhalla takes charge as Chief of Personnel of the Indian Navy

Vijay Raman

Vice Admiral Sanjay Bhalla, AVSM, NM assumed charge as the Chief of Personnel of the Indian Navy on May 10, 2024. He was commissioned into the Indian Navy on January 01, 1989. In a career spanning 35 years, he has served in a number of specialist, staff and operational appointments both ashore and ashore. After completing his specialization in communications and electronic warfare, he served as a specialist on several frontline warships. He subsequently had the privilege of holding challenging, full-time and eventful commands at sea, including INS Nishank, INS…

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Luxury Sales Share At 21% from 7% in 5 Years, Affordable Housing Down to 20% From 37%

Vijay Raman

  Of 1.30 lakh homes sold in Q1 2024 across the top 7 cities, the share of luxury homes stood at 21% with approx. 27,070 units sold; 5 years ago, in Q1 2019, the share was just 7%, thus recording a 3X jump Approx. 26,545 units were sold in the affordable segment in Q1 2024 – a 20% overall sales share from 37% in Q1 2019 Of approx. 15,645 units sold in NCR in Q1 2024, the highest sales (approx. 6,060 units or 39%) was of luxury homes priced >INR…

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India is a world leader in online gambling, with estimated revenue of $2.90 billion in 2024

Vijay Raman

New data has revealed that the USA is the country projected to make the most in online gambling revenue in 2024, with $23.03 billion.  India ranks ninth, with $2.90 billion. The research analyzed online gambling revenue data for 61 countries.    New data has revealed that India is projected to be a world leader in online gambling in 2024, with a projected revenue of $2.90 billion.    Using data sourced from Statista, Japanese Online Casino Guide 日本のオンラインカジノ analyzed the projected 2024 online gambling revenue for 61 countries. The countries were…

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Smart Classrooms Aren’t Just for the Urban Elites – BenQ Helps Bring Educational Equity toLife

Vijay Raman

India and Indonesia are kindred spirits of sorts; they are both countries with large populations that are incredibly diverse in their language, culture, and religion. What also makes them similar is the importance they place on education, especially as a driver of national growth and development as well as inclusivity and equality. While both countries have made good progress in improving the quality and accessibility of education, they both continue to see a digital and educational divide, especially between rural and urban areas.   According to the latest findings, rural…

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Teledyne Flir OEM, Teledyne FLIR Commends NHTSA Ruling for Automatic Emergency Braking Requirement on Passenger Vehicles

Vijay Raman

Teledyne FLIR Commends NHTSA Ruling for Automatic Emergency Braking Requirement on Passenger Vehicles Thermal Infrared Cameras Can Help Manufacturers Meet New Life-Saving PAEB Requirement by 2029  GOLETA, Calif. – Teledyne FLIR, part of Teledyne Technologies Incorporated, today commends the National Highway Transportation Safety Commission (NHTSA) for finalizing a Federal Motor Vehicle Safety Standard that will require pedestrian automatic emergency braking (PAEB) on all passenger cars and light trucks by September 2029.More than three-quarters of pedestrian fatalities, and about half of pedestrian injuries, occur in darkness. The final rule places an upper bound on the requirement that a PAEB…

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