Day: 5 March 2024

IDTechEx Highlights: Unpacking the Potential and Pitfalls of the Mycelium Leather Revolution

Vijay Raman

Author: James Kennedy, Technology Analyst at IDTechEx Mycelium first came to prominence with its use in sustainable packaging. Several startup companies, such as Ecovative, received strong investments to develop the technology. Not long after, some companies realized the potential of mycelium to be used as a leather-like material. Companies have since expanded their focus to make mycelium leather a reality. Ecovative has produced Forager and Bolt Threads developed Mylo. Several other significant players have since entered the scene, notably MycoWorks and Mirum, all aiming to bring the first mass-produced mycelium leather…

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3BHKs Lead the Market – FICCI-ANAROCK Survey Finds 50% of Homebuyers Prefer Larger Homes

Vijay Raman

Demand for 3BHKs particularly high in cities like Bengaluru, Chennai, Hyderabad & Delhi-NCR Homes priced >INR 1.5 Cr gain traction with 20% respondents preferring them in H2 2023 against 12% in H2 2021 Ratio of ready-to-move homes to homes in new launches in H2 2023 is at 23:24, against 32:24 in H2 2021 – and 46:18 in H1 2020  Demand for peripheral locations declines – from 43% respondents in H2 2021 to 36% in H2 2023 – reviving preference for suburban areas and city centres Affordable housing demand shrinks further…

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India’s first green hydrogen plant launched in stainless steel sector

Vijay Raman

Union Steel Minister Jyotiraditya Scindia yesterday virtually inaugurated India's first green hydrogen plant in the stainless steel sector at Jindal Stainless Limited, Hisar. The plant will be the world's first off-grid green hydrogen plant for the stainless steel industry and the world's first green hydrogen plant with rooftop and floating solar. This project will reduce approximately 2,700 metric tons of carbon emissions every year and 54 thousand tons of carbon dioxide emissions in the next two decades. Speaking on the occasion, he highlighted India's commitment to a green and sustainable future, and…

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Government launches new initiative to tackle cyber fraud and misuse of telecom resources

Vijay Raman

Union Minister Ashwini Vaishnav along with Minister of State for Communications Shri Devusinh Chauhan unveiled the Digital Intelligence Platform (DIP) of the Department of Telecommunications (DoT). The objective of the platform is to promote collaboration among stakeholders to reduce misuse of telecom resources for cyber crimes and financial frauds. He said, “The government is making continuous efforts to prevent cyber fraud under the Safe India Project.” He outlined a three-pronged strategy under the Safe India Project. “Efforts are directed at the national, organizational and individual levels,” he explained. RBI along with SBI took action…

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3 new CIPET started in Himachal Pradesh, Jharkhand and Madhya Pradesh

Vijay Raman

Dr. Mansukh Mandaviya, Union Minister of Chemicals & Fertilizers and Health & Family Welfare, launched 3 centers of Central Institute of Petrochemical Engineering and Technology (CIPET) in Himachal Pradesh, Jharkhand and Madhya Pradesh through virtual medium from New Delhi yesterday. These three new CIPET centers dedicated by him to the nation are CSTS Baddi (Himachal Pradesh), CSTS Ranchi (Jharkhand) and CSTS Gwalior (Madhya Pradesh). He said that CIPET has its own place in the country. He also said that these institutions have changed themselves according to the needs of the 21st century. He…

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AYUSH-ICMR Center for Integrated Health Research launched at AIIMS

Vijay Raman

Union Health and Family Welfare Minister Dr. Mansukh Mandaviya said during the joint mega event organized by AYUSH and Ministry of Health and Family Welfare that the time has come for integrated medicine. He said that traditional healthcare will be a new fashion trend in the coming future. The Union Minister also congratulated the Ministry of AYUSH for its remarkable journey in the last decade and said that the Ministry of AYUSH and Health and Family Welfare are integrated. At today's joint mega event, he announced the setting up of AYUSH-ICMR Advanced…

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5th Barge ‘Ammunition cum Torpedo cum Missile Barge, LSAM 19’ inducted into Indian Navy

Vijay Raman

'Ammunition cum Torpedo cum Missile Barge, LSAM 19', the 5th barge of 11 x ACTCM Barge project built by MSME Shipyard, M/s Suryadipta Projects Pvt. Ltd., Thane for the Indian Navy, was delivered to the Navy on 04 Mar 24. Dockyard for NAD (Karanja), Mumbai. The induction ceremony was presided over by Captain Ashutosh HQWNC/ACRO. The contract for construction of 11 The induction of these barges will accelerate IN's operational commitments by facilitating transportation of goods/ammunition, embarkation and disembarkation for IN ships both at the jetty side and at the outer port. These…

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NMIMS Pravin Dalal School of Entrepreneurship and Family Business Management and Inner Wheel Club of Bombay Airport Tiara Will Collaborate for SheRISE: Empowering Women through Entrepreneurship

Vijay Raman

Gender inclusion and women empowerment are essential components of the ethos of NMIMS. In line with this philosophy, NMIMS Pravin Dalal School of Entrepreneurship and Family Business Management (PDSE) has collaborated with the Inner Wheel Club of Bombay Airport Tiara to present theground-breakingSheRISE Programme – a one-of-its-kind four-day workshop aimed at empowering women in entrepreneurship and leadership. The programme, scheduled from March 4th to March 7th, 2024, promises to be a comprehensive initiative designed topromote empowerment, build leaders, and pave a path for success in the professional and entrepreneurial spheres.…

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