StartupTalky

Tag: News 📰

  • Why Tata power has built India’s Largest Solar Carport and How it will benefit the EV industry of India?

    The Electric Vehicle industry is expected to boom in the next 5 years in India with a lot of companies coming up with EV vehicles both 2 wheelers and 4 wheelers. Even the global EV giant Tesla has entered into the country. Recently Tata Motors and Tata power have jointly set up a solar carport and are making a mark in the EV infrastructure. Let’s look at how the solar carport is going to benefit the EV industry.

    Tata Motors and Tata Power – Latest News
    About the Tata Solar CarPort project
    Tata motors on Solar CarPort project
    How Tata Solar CarPort project will benefit the EV Industry
    Tata Power on its Solar CarPort project
    FAQ

    Tata Motors and Tata Power – Latest News

    Tata Motors and Tata Power have joined together in order to set up one of the largest grid synchronized, behind the meter solar carport of the county. The carport is located in Pune at the car plant of Tata motors.

    The company has said that the 6.2-megawatt carport is the largest solar carport  in the country. The project that is developed in the plant of Tata motors will be able to generate around 8.6 million kilowatts of electricity and would reduce an estimated amount of 7,000 tonnes of Carbon dioxide from the atmosphere and around 1.6 lakh tonnes over its lifestyle.

    How Tata is helping Airtel to bring Made-in-India 5G Technology in India?
    The 5G network has been said to come into India in a few years. Jio has beenworking on it for the last year and had also announced about the 5G network inone of their Annual General Meeting. But now Airtel and Tata group have joinedtogether to provide 5G network solutions in the country. In this …
    StartupTalkyAlan Joseph

    About the Tata Solar Carport project

    The project is spread across 30,000 square meters and can also be used as the parking space for the cars that are manufactured by Tata motors. Even after the crisis faced by the country due to the Coronavirus Pandemic both the companies were able to develop the carport with a record period of 9.5 months.

    This carport is expected to be a part of the company’s net zero carbon goals by the year 2039 and Tata motors had entered into a Power Purchase agreement with Tata power in regards to the goals.

    Tata Solar Car port
    Tata Solar Car port

    Tata motors on Solar Carport project

    Shailesh Chandra who is the President of the Passenger Vehicle Business Unit of Tata Motors had conveyed that, the company has always advocated sustainability in every aspect of our business by checking more meaningful ways to reduce the impact we create on our planet by providing existing products and sustainability solutions to the customers.

    He added that the company has always been conscious of the need for energy consumption and is also working towards achieving a 100% renewable source of energy for all the operations.

    How Tata Solar Carport project will benefit the EV Industry

    The Electric Vehicle industry of the country will be the most benefitted sector from this project. One of the disadvantages of the EVs in the country is the lack of infrastructure and the adaptability and this project is considered to be the first step towards the infrastructure facilities provided for the Electric Vehicle industry.

    Tata Motors already have their set of EVs and this will add as an added advantage for their cars. Some of the other advantages are that the Solar carport will reduce the expenses of the company as they will not have to buy the energy from the power supply companies and can generate their own electricity.

    Tata Power on its Solar Carport project

    Praveer Sinha who is the MD and CEO of Tata Power has conveyed that as one Tata initiative and added that they are proud to partner with Tata motors. He added that the partnership is a proof of our collective efforts in order to reduce the carbon footprint in the society and to provide solutions for the future that are concentrated into the green energy solutions.

    He added that the company would focus and continue to explore new ways to generate energy through clean resources and provide them to the customers and their partners.

    Ratan Tata: The Accidental Startup Investor
    Today, Ratan Tata needs no introduction as he is the most respected businesstycoon in India. He is an Indian industrialist, philanthropist, former chairmanof Tata Group and Tata Sons. Post his retirement in 2012 he has turned into anavid angel investor who has left an everlasting impact. He is we…
    StartupTalkyVarad Kitey

    Conclusion

    Tata Power also has a solar powered carport which is the first ever carport in the country that was established in the year 2017 in Delhi. Tata Motors has also committed to shifting to 100 % renewable energy consumption by joining the RE100 initiative. Tata Power also has a solar carport established in the Kochi airport in the year 2018.

    FAQ

    What is size of Tata solar carport?

    The Tata solar car port spans across 30,000 square meters and is located in Chikhali, Pune.

    How much electricity will the Tata solar carport project generate?

    The project that is developed in the plant of Tata motors will be able to generate around 8.6 million kilowatts of electricity and would reduce an estimated amount of 7,000 tonnes of Carbon dioxide.

    Where is the Tata solar carport located?

    The carport is located in Chikhali, Pune at the car plant of Tata motors.

  • Why Amazon UK Warehouse destroys over 100,000 items every week?

    Amazon has faced a lot of controversies against its working policy in the past. The company has been criticized for following a hire to fire policy and a lot of employees conveying about it on the social media platforms. Recently the company has been criticized for destroying around 1.3 lakh items and in this article let’s look into more information about it.

    Amazon – Latest News
    Reason Why Amazon destroys over 100,000 items every week
    Does the unsold items go to Charity or Donation?
    Amazon’s response on Why it destroys items every week
    FAQ

    Amazon – Latest News

    A new report has stated that Amazon is estimated to destroy around millions of unsold items on a yearly basis. The items include books, electronics and now even the face masks due to the ongoing Coronavirus Pandemic. It was found as per the new investigation conducted on the company.

    Footage was collected from one of the fulfillment centers of Amazon among the 24 centers. The footage shows certain boxes which have unsold items and a label that is marked on them destroy. This has created a lot of attention on why these destroyed items are not used for charitable purposes rather than destroying them.

    Reason Why Amazon destroys over 100,000 items every week

    One of the major reasons for destroying the items is due to the lack of space in the fulfillment centers. Many vendors use the warehouses of Amazon in order to store their products and after a certain period of time when the products are unused and unsold, destroying or disposing of them is considered to be cheaper than paying for their storage cost.

    An ex-employee from the Amazon center had conveyed that they had a target to destroy around 1.3 lakh items on a weekly basis that is from Friday to Friday.

    The former employee had conveyed that there are no specific items that get destroyed. He had shared that from MacBook, iPad, Dyson fans every item gets destroyed. He even shared an experience where he conveyed that he saw them destroying around 20,000 Covid face masks that were still in their wrappers.

    What is Hire to Fire Policy and Why Amazon employs it?
    Amazon.com is an American based e-commerce and technology giant. It is one ofthe big 5 companies in the United States in the tech sector. Amazon isconsidered to be the world’s most valuable brand and the most influentialeconomic and cultural force in the world. Recently Amazon’s managers have ac…
    StartupTalkyAlan Joseph

    Does the unsold items go to Charity or Donation?

    While looking at the number of items that get destroyed, the number of items that are provided for charitable purposes is very less. The items that were going to be destroyed had ‘to destroy’ written on their boxes and the items that are given as charity has ‘to donate’ written on them. The difference between the two boxes is very large.

    The number of items that are destroyed was somewhere around 1.3 lakhs, at the same time the number of items that were given as charity was somewhere around 28,000 comparing to the same period of time.

    However, half of the items that were marked destroy are brand new ones which haven’t even been removed from the cover and the others are the ones that are returned by the customers.

    Amazon’s response on Why it destroys items every week

    It is estimated that the company destroys more than 3 million products in a particular year. The Amazon spokesperson said that, the goal of the company is to ensure zero product disposal and added that they are working towards it.

    He added that the priority of the company is to donate to charitable organizations or to recycle any unsold items. He said that, no items are sent to destroy in the UK and said that as a last resort the company would send items for energy recovery and also said that the company is working hard in order to reduce this number to zero.

    However, it was found that certain products were sent for destroying and had tracked that the products were packed and loaded to the truck from Amazon’s warehouses. The Amazon spokesperson had provided the information regarding these in the year 2019 and later on hasn’t provided any updates about it or any information regarding the change of infrastructure.

    How Big Profit Making Companies Avoid Taxes
    Tax is a liability that almost every citizen of a country has to bear if he/shemakes an income within the taxable limit. Normally, progressive taxation on manytaxes such as the income tax is implemented in every country, the more you earnthe more you pay in tax. So by the above mentioned logic, a…
    StartupTalkyShantanu Sengupta

    Conclusion

    Even certain employees have been complaining that the daily wages provided by Amazon are not helping them reach their basic requirements and such other laborers have also said that Jeff Bezos donates money for charity in order to gain tax benefits.

    FAQ

    What happens to unsold inventory in Amazon?

    The unsold inventory in Amazon is either destroyed or is given to charity purposes.

    Does Amazon destroys unsold products?

    Yes, in a recent report it was found that Amazon warehouse destroys around 1.3 lakh unsold items every week.

    How many fulfillment centers does Amazon have in the world?

    There are currently 185 active fulfillment centers in the world.

  • Why did Warren Buffet Resign from Bill and Melinda Gates Foundation?

    Warren Buffet is known as one of the best investors in the history of the stock market. His principles and teachings have always been widely used and regarded by the financial analysts and are one of the top 10 richest men in the world. Warren Buffet is the 8th richest man in the world and is also known for his pledging and charitable works. The 90 year old billionaire has announced to resign from Bill and Melinda Gates Foundation. Let’s look at the reason behind it.

    Warren Buffet – Latest News
    Why did Warren Buffet Resigned from Gates Foundation?
    Warren Buffet Donation in Gates Foundation
    Bill Gates on Warren Buffet Resigning from Gates Foundation
    Development in Gates foundation
    FAQ

    Warren Buffet – Latest News

    On 23 June 2021, the billionaire and the most famous investor in the world, Warren Buffet has announced that he is resigning from the Bill and Melinda Gates Foundation. He has donated more than half of his wealth towards donation and charitable purposes since he had pledged 15 years ago in order to give away his fortune by running Berkshire Hathaway Inc.

    Why did Warren Buffet Resigned from Gates Foundation?

    Warren Buffet did not provide any specific reason as to why he was stepping down from the position. He has said in a statement that he has been an inactive trustee of the organization for a very long time.

    Warren Buffet has been resigning from the posts of all the corporate boards that he is part of other than Berkshire Hathaway. However, the decision to step down from the board of the Gates Foundation comes at an odd time when Bill Gates and Melinda Gates has announced to end their 27 years of marriage.

    How the Gates Foundation will be affected by the Divorce
    Bill Gates and Melinda Gates who are the co-founders of the world’s largestprivate charitable foundation have filed for divorce. On 3 May 2021, theydecided to end their 27 years of marriage as they required space in theirpersonal life and would want to grow individually. Let’s look at what would …
    StartupTalkyAlan Joseph

    Warren Buffet Donation in Gates Foundation

    On the same day, Warren Buffet also announced that he has given away USD 4.1 billion worth of the shares of Berkshire Hathaway as part of his pledge to donate 90% of his wealth. Warren Buffet is halfway there while considering the most recent donation.

    He conveyed that over many decades he has been able to gather a lot of wealth by just doing what he loves the most to do. He added that compound interest, a long runway, associates, and the country have worked their magic.

    Warren Buffet has announced to donate USD 4.1 billion in shares to five different foundations which include Bill and Melinda Gates Foundation. However, it is estimated that the major share of the donation was given away to the Gates Foundation. The Gates Foundation has received around USD 3.2 billion and the total donation made by the billionaire is around USD 27 billion.

    Warren Buffet’s donation also goes to another foundation named Susan Thompson Buffet Foundation which is run by the children of Warren Buffet Howard, Susan and Peter. The foundation is named after his late wife. The other two foundations where he has donated the shares are the Novo Foundation and the Sherwood Foundation.

    Warren Buffet Net Worth
    Warren Buffet Net Worth

    Bill and Melinda Gates on Warren Buffet Resigning from Gates Foundation

    Bill Gates had conveyed in a statement about Warren Buffet’s resignation and said that, he is grateful for the great friendship with Warren Buffet and added that he would always have a sense of maintaining a deep accountability to Buffet.

    Melinda Gates had also conveyed her message saying that, the teachings of Warren Buffet will help the foundation in charting a way forward.

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    StartupTalkyAshwini

    Development in Gates foundation

    Suzman had sent an email to the employees of Bill and Melinda Gates Foundation where he had discussed with Warren Buffet and Bill and Melinda Gates on how to strengthen the decision making and governance and added that he would share more information about it in the month of July.

    He said that he has been discussing about long-term stability and the sustainability about the Foundation due to the recent announcement of the divorce of Bill and Melinda Gates. He also added that he is fully concentrated on following the guidance provided by Warren Buffet in order to use to resources provided by Buffet, Bill and Melinda in the best way possible.

    Conclusion

    According to certain estimations and findings of the Forbes magazine, if Warren Buffet did not donate most of his wealth to charitable purposes he would have had a net worth that would be equal to the CEO of Amazon Jeff Bezos who is the world’s richest person.

    FAQ

    What companies do Warren Buffett Own?

    Warren Buffett runs Berkshire Hathaway, which owns more than 60 companies, including insurer Geico, battery maker Duracell and restaurant chain Dairy Queen.

    What is the net worth of Warren Buffett?

    The net worth of Warren Buffett is estimated to be around 10,500 crores USD.

    What is the purpose of Bill and Melinda Gates Foundation?

    The Bill & Melinda Gates Foundation works to help all people lead healthy, productive lives. In developing countries, it focuses on improving people’s health and to lift themselves out of hunger and extreme poverty.

  • How Facebook’s VR headset will Revolutionize Ads?

    Facebook which is one of the major social media platforms has recently announced about its plans to launch its fitness tracker and also tried to get into the smartphone industry in the past with the launch of HTC. The company now is testing VR ads on the Oculus platform. In this article let’s look at how the VR ads would revolutionize the advertisement industry.

    Facebook VR – Latest News
    How Facebook VR will Revolutionize the Advertisement Industry
    Concern regarding The data
    Future Products of Facebook
    FAQ

    Facebook VR – Latest News

    On 16 June 2021, the company has begun testing advertisements on the Oculus headset which is a Virtual reality headset. This testing was done with partnerships with several game developers which include Resolution games.

    The small scale test of VR ads is expected to be the bridge between the company’s main revenue that is selling digital ads and the investments of the company that is growing in the field of Virtual Reality hardware which is expected to be the next big thing in the tech industry after smartphones.

    Facebook has conveyed that the test is a way in order to help the developers to earn revenue from the Oculus platform. The Ads are expected to appear on the games that are used on the Oculus platform and an action game Blaston that is developed by Resolution games.

    Facebook also added that the users of Oculus will have an option in order to choose not to see an ad from an individual brand or company or to even hide certain ads.

    How Facebook VR will Revolutionize the Advertisement Industry

    Many experts had already predicted this move from Facebook for the past few years. The company is planning to expand the system using user feedback but the big question is, how will Facebook utilize the ads with the data received from the VR headset.

    Oculus headsets are estimated to be a Gold Mine in regards to the information about you. The headsets are said to capture information such as the motion of head and hand and even tracks the pictures of your surrounding through a camera and a microphone.

    The future headsets are expected to have much more features such as monitoring the eye movement and noting down what catches the attention of your eye.

    If Facebook collects the data that is obtained from the VR headsets or the devices in order to run targeted ads, it would be a very personalized ad and the company will have a track on the utmost private information about the person which sometimes even the individual will not be aware of.

    Facebook VR Ad test on an VR action game - Blaston
    Facebook VR Ad test on an action game – Blaston

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    StartupTalkyArbaz Sayed

    Concern regarding The data

    Regarding the data concerns, Facebook has conveyed that as of now the data that is collected by the headsets remains in the headset and added that the ads are totally different from the headset and is a different segment. The company also said that they have no plans to come up with targeting ads as of now.

    But however, as Facebook moves much more into Virtual reality and Augmented reality hardware, using the special hardware features for advertising is expected to become an increasingly attractive prospect.

    Future Products of Facebook

    Facebook is also planning to release a fitness tracker and has also discussed about AR glasses that will be used for interacting with the world. These products are expected to be built in a way that will collect information and insights about your surroundings and your body. This makes it hard to believe that Facebook doesn’t have a plan to monetize these products by running targeted ads with them.

    However, even the head of Facebook Reality labs has conveyed that the company does not have any plans and is not really focused on the business model questions regarding the experimental hardware of the company. Facebook has also conveyed that they are working on exploring new ad forms that would be unique to the VR.

    How Facebook-owned Instagram is Monetizing Instagram Reels
    Facebook Inc is a social media giant which is based in the United States ofAmerica. The social media platform is available in around 111 languages and hasa presence in almost every country around the globe. It was launched in the year2004 and has around 2.8 billion monthly active users. Facebook…
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    Conclusion

    Oculus is the first test that is done by Facebook and is one of the biggest tests for advertising on its platform. As the company expands the ads to new devices and other hardware, we will have to observe how it uses ads and the new data types.

    FAQ

    Does Facebook own Oculus VR?

    Yes, Facebook acquired VR company Oculus in 2014 for an estimated US$2.3 billion.

    What data does Facebook get from Oculus?

    Facebook stores information about what you do in VR, including basic account functionality (like knowing which games you’ve purchased), and advertising (like showing you an ad in your Facebook feed for Oculus games you recently searched for in your headset).

    Who is the CEO of Oculus?

    Brendan Trexler Iribe is the CEO and co-founder of Oculus VR, he is an American game programmer, entrepreneur.

  • Reasons why Battlegrounds Mobile India might get ban soon

    PUBG was one of the major games that were played by both Millennials and GenZ in India and had the major market share of the mobile gaming market in India. Later the Government of India banned the mobile applications due to the tensions created between China and India citing data privacy as one of the reasons.

    However, the company managed to release a new version of its game in India but it is said that even the new version of the game would get a ban in India, and let’s look at the reasons behind it.

    Battlegrounds Mobile India – Latest News
    Reasons Why Battlegrounds Mobile India might get ban
    FAQ

    Battlegrounds Mobile India – Latest News

    Krafton which is the developer company of the mobile game had decided to roll out a new version of the game in India after the ban of its previous version of the game PUBG. The company had released a new game concentrating only on the Indian market named Battlegrounds Mobile India.

    However, the efforts of the company in order to make a comeback in India are expected to be crushed as the parliaments in India have reported having called for a ban on the new version of the game.

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    Reasons Why Battlegrounds Mobile India might get ban

    The parliaments in India have provided major reasons for banning the new version of PUBG which was released by Krafton concentrating only on the Indian market. On 22 May 2021, the current MLA of Arunachal Pradesh and the former Union Minister Ninong Ering had written a letter to the Prime Minister of the country, Narendra Modi regarding the ban of the mobile game.

    In the letter written to the Prime Minister, the MLA had clearly mentioned that the new game is just a relaunch of its old version PUBG. He also alleged that the developer company has employed developers from Tencent which is a Chinese-based tech company that was one of the leading investors of PUBG Mobile India and was in charge of the PUBG Mobile game in India.

    He also conveyed in his letter that when you look at the terms and conditions of the mobile game application on the Google play store on the listing of Battleground Mobile India, it shows the term PUBG Mobile.

    He also added that this matter is a concern of the security of the country and pointed out an investment of USD 22.4 billion in the homegrown gaming firm of the country Nodwin by the mobile game developer firm Krafton.

    Even Abhishek Singhvi who is the current member of the parliament added that the release of Battlegrounds Mobile India will be a way through which Tencent would re-enter the mobile gaming market of India.

    Number of mobile gamers across India
    Number of mobile gamers across India

    Even the CAIT (Confederation of all India Traders) had written a letter to the Union IT and communication Minister Ravishankar Prasad in order to ban the Battlegrounds Mobile India stating that it is not only a threat to national security and the sovereignty of India but also harms the younger generation of the country.

    He has also requested Google to not list the game on the Google play store and conveyed not to let the developers of the game use the play store as a platform.

    As per certain reports from the IGN India, the data of the players were sent outside the country and have been received in several other places which include China as well.

    The CAIT also added that the mobile game would pose a threat to the millions of data of the users and would create privacy and data concerns among the Indian citizens.

    PUBG, TikTok, 175 Banned Chinese Apps 2020 | List of Chinese Apps Banned in India
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    StartupTalkyAvantika Bhardwaj

    Conclusion

    However, Krafton had released a beta version of the game which has received a lot of positive reviews and major downloads. The company has conveyed that they would be releasing more slots in the beta version of the game. We will have to look forward to whether Battleground Mobile India would see a ban in the coming days or not.

    FAQ

    Is Battleground Mobile India banned in India?

    No, it is not banned in India but might get banned soon as CAIT (Confederation of all India Traders) had written a letter to the Union IT and communication Minister, Ravishankar Prasad to ban the Battlegrounds Mobile India stating that it is not only a threat to national security and the sovereignty of India.

    Why was PUBG banned in India?

    PUBG was banned in India under section 69A of the Information Technology Act by the Centre citing these apps were engaged in activities that were prejudicial to sovereignty and integrity, defence and security of the country.

    When was PUBG banned in India?

    PUBG was banned in India on September 2, the Indian government banned the game in India under Section 69A of the Information Technology Act.

  • What is MicroStrategy and why they hold over 100,000 bitcoins?

    Bitcoins have seen a lot of criticism at the same time a lot of people supporting the value and boosting the price of bitcoins and aggressively investing into it. Elon Musk is one of the well known person who has done it and also been criticized for it. In this article let’s look at, Why MicroStrategy holds more than 100,000 bitcoins that is worth more than USD 3 billion.

    MicroStrategy – Latest News
    About MicroStrategy
    How MicroStrategy got Hit after the Purchase of Bitcoin
    How the purchase of bitcoins benefited MicroStrategy
    How did Michael Saylor responded to the purchase of bitcoins
    FAQ

    MicroStrategy – Latest News

    MicroStrategy is estimated to hold bitcoins of over 100,000 in pieces that are worth more than USD 3 billion after a recent purchase from the company. The company is said to have spent around USD 489 million in order to purchase around 13,005 tokens.

    About MicroStrategy

    MicroStrategy is a Virginia based software company that was incorporated in the year 1989. The company provides cloud based services, mobile software and business intelligence. The firm focuses on making business decisions and making mobile apps by developing software and analyzing the internal and external data.

    It is a Public Limited company that is listed on Nasdaq and S&P 600. The primary competitors of the company in the Analytics field include SAP, Oracle and IBM congos. The company employs around 1997 members.

    How MicroStrategy Shares got Hit after the Purchase of Bitcoin

    On 21 June 2021, the shares of the company had seen a fall of around 9.7%. The fall is expected to be a mirroring of the fall that had happened with the bitcoin price where the digital coin had seen a downfall of over 7% which is around USD 32,600 per token.

    MicroStrategy has conveyed that the average purchase price of its bitcoins of 105,085 tokens is around USD 26,080 per token. This amount was inclusive of the fee and other expenses incurred during the purchase. As of 21 June 2021, the holdings of the company were worth more than USD 3 billion.

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    How the purchase of bitcoins benefited MicroStrategy

    The company has claimed that due to the purchase of bitcoins and the returns generated through it the company which was wiped off or not even recognized on Wall Street has become very popular and well known in the field and the crypto community after the dot com crash.

    This is mainly due to the aggressive investment into bitcoins by the CEO and Chairman of the company Michael Saylor. The CEO is known for posting regular tweets about bitcoin on Twitter and has around 1 million followers on the micro blogging platform.

    How did Michael Saylor responded to the purchase of bitcoins by MicroStrategy

    Michael Saylor, In a recent interview defended the investment by the company made into bitcoins by issuing a debt instrument, to which most people didn’t agree with. He conveyed in the interview that the company could rotate the shareholder base and was able to sell enterprise software and later on acquire and hold bitcoins with the income and he added that the company has done it successfully using the leverage.

    He also said that this strategy has been driving the business and the power of the brand by a factor of 100. He also stated that they had the best quarter compared to the last 10 years and stated that the revenue of the company had seen an increase of 10% year on year.

    He added that the business of bitcoin is driving the returns of the shareholders and said that the shareholders are happy and the employees of the company are happy too.

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    Conclusion

    The CEO and Chairman of MicroStrategy, Michael Saylor has and will always be one of the promoters of bitcoin and recently had said in a press release that he is happy and thrilled about the decision made by El Salvador in order to accept bitcoin as a legal tender in the country. He added that he thinks that it is a good thing.

    FAQ

    What does MicroStrategy company do?

    MicroStrategy provides a platform that enables departments and enterprises to deploy web-based reporting and analysis solutions. MicroStrategy also offers consulting, training, and support services.

    Who is the CEO of MicroStrategy?

    Michael J. Saylor is the CEO of MicroStrategy.

    Why is MicroStrategy stock so high?

    Shares of MicroStrategy soared because the price of Bitcoin is also soaring. As MicroStrategy owns quite a few Bitcoins, so it benefits when the price is rising.

  • How Tata is helping Airtel to bring Made-in-India 5G Technology in India?

    The 5G network has been said to come into India in a few years. Jio has been working on it for the last year and had also announced about the 5G network in one of their Annual General Meeting. But now Airtel and Tata group have joined together to provide 5G network solutions in the country. In this article let’s look at how Tata group is helping Airtel to bring 5G in India.

    Airtel 5G – Latest News
    How Tata Group is helping Airtel bring 5G in India
    Bharti Airtel on bringing 5G in India
    FAQ

    Airtel 5G – Latest News

    The telecom major Airtel has announced that it has got into a strategic partnership with Tata group in order to implement its 5G network solution in the country. Airtel has conveyed that the company would be the pioneer for testing and launching the native solution as part of its plans for India in rolling out 5G solutions.

    The company has announced in a statement that the pilot is expected to start by January 2022 as per the guidelines that are formulated by the Government of India.

    How Tata Group is helping Airtel bring 5G in India

    The Tata group has developed a telecom stack which is a state-of-the-art O-RAN (Open Radio Access Network) based radio and NSA/SA core. The company has been successful in order to integrate a completely native based telecom stack through leveraging the capabilities of its group as well as its partners. The company conveyed in a statement that the tech would be available for commercial development from the start of January 2022.

    The Tata Consultancy Solutions is expected to contribute its expertise in the global system integration and is expected in aligning both the 3GPP and O-RAN standards in providing end-to-end solutions. TCS is a pioneer in software development and these networks and equipment are increasingly embedded in the software segment.

    N Ganapathy Subramaniam representing the Tata group and TCS has stated that, As a group the company is excited about the opportunity that is presented by 5G and the adjacent possibilities and added that they are working towards developing networking equipment and solutions that is world-class in the networking space in order to address the business opportunities. They also added that they are pleased to have Airtel as their customer in this initiative.

    Countries with most number of 5G installed in Cities
    Countries with most number of 5G installed in Cities

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    StartupTalkyBharathJinda

    Bharti Airtel on bringing 5G in India

    The MD and CEO of Bharti Airtel, Gopal Vittal had conveyed that they are really happy to join forces with the Tata group in order to make India a global hub for 5G and technologies related to it.

    He added that, India is well-positioned with its talent pool and world-class technology ecosystem in order to build cutting-edge applications and cutting-edge technological solutions for the world. He also added that this step is expected to provide a massive boost to India in order to become an innovation and manufacturing destination.

    These 5G products and solutions are Made in India and are aligned to the global standards and are expected to interoperate with other products based on certain standards that are defined by the O-RAN alliances and open interfaces.

    Once the 5G solutions are commercially proven the diversified and brownfield network of Airtel would open export opportunities for the country which is now the second most market for the telecom services in the world.

    Airtel is a Board member of the O-RAN Alliance and is committed towards implementing and exploring the O-RAN based networks in India. In early 2021, Airtel had become the first telecom company in order to provide a practical 5G service over its LIVE network in Hyderabad city. Using the spectrum that is allocated by the Department of telecom Airtel has started 5G trials in the major cities.

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    Conclusion

    The media enterprises and the telecom of TATA group provide the requirements regarding communication from SMEs to global business houses and from home networks to wholesale networks. TATA consultancy services and Airtel both are a member of the O-RAN alliance.

    FAQ

    Will 5G be available in India?

    Yes, Many telecom companies are preparing for 5G and India will be ready for 5G till 2022.

    Which country are using 5G?

    The top three countries that have the most cities with 5G are China at 341, the United States at 279, and South Korea with 85.

    Is Airtel 5G ready?

    Bharti Airtel become the country’s first telco to successfully demonstrate & orchestrate LIVE 5G service over a commercial network in Hyderabad city.

  • How Shifting Display Manufacturing Unit from China to Noida will benefit Samsung?

    Samsung is a multinational conglomerate that is majorly known in India for its smartphones. The company was founded in the year 1938 and has its headquarters located in South Korea. The company has the 8th highest global brand value as of 2020 and also has a number of affiliated businesses under the brand Samsung.

    The company in a recent press release had announced that it is shifting its manufacturing unit for display production from China to Noida. Let’s look at the benefits for the company is shifting the manufacturing unit to India.

    Samsung – Latest News
    How will Samsung Benefit by shifting Display Manufacturing Unit from China to Noida
    Samsung Delegation on shifting Display Manufacturing Unit
    Chief Minister of Uttar Pradesh on this move by Samsung
    FAQ

    Samsung – Latest News

    Samsung has announced that it has completed the shifting of its display manufacturing to Noida. The company had conveyed that it has finished the construction of the manufacturing unit in Noida. The new manufacturing unit that is based in Noida is the new manufacturing hub for display production.

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    StartupTalkyPooja Uniyal

    How will Samsung Benefit by shifting Display Manufacturing Unit from China to Noida

    The company has stated the reasons and benefits for moving the plant from China to Noida is the Industrial environment in India is much better than in China and also added that the policies in India are much more industrial friendly.

    Other than these, one of the major points to be noted is that Samsung already has its biggest manufacturing plant in the world located in Noida. This facility is not only involved in the manufacturing the phones for the country but also exports them to other countries.

    India is also a major country where Samsung has a huge consumer base. Samsung has seen a 52 % increase in the growth of the smartphones in India in the 2021 Q1. The company also has a 20 % market share in India. India is also focusing on the Make in India concept and trying to reduce as much as goods from China.

    Smartphone Market Share Q3 2020
    Smartphone Market Share Q3 2020

    Samsung Delegation on shifting Display Manufacturing Unit

    A team from Samsung which was led by the CEO Ken Kang and the company’s Southwest Asia President had called upon Yogi Adityanath who is the Chief Minister of Uttar Pradesh on 20 June 2021 and stated that the company had finished the construction of the Display production unit in Noida and would be shifting the manufacturing unit from China to Noida.

    One of the reasons stated by them to shift the plant from Noida to China was the Industry friendly environment in India. The company further added that they were planning to make the manufacturing hub of Samsung in Noida.

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    Chief Minister of Uttar Pradesh on this move by Samsung

    The Chief Minister of Uttar Pradesh Yogi Adityanath had conveyed in the meeting that the Make in India is a successful campaign and the Noida factory of Samsung is one of the major examples for it. He further added that the new manufacturing unit of Samsung will be creating a lot of employment opportunities for the youth of the country.

    The Chief Minister also provided an assurance to the team from Samsung that the Government of Uttar Pradesh will continue to help and support the Samsung company in the future as well.

    Conclusion

    The team from Samsung had mentioned that the construction work shows their commitment towards India in order to make the country a manufacturing hub of Samsung. However, the company had already started the manufacturing of its smartphone displays in Noida from April 2021. The company had also recently expanded the portfolio of its Tablets in India with the release of Tab A7 Lite and Galaxy Tab S7 FE.

    FAQ

    Is Samsung phones manufactured in India?

    Samsung has two factories – in Noida and Tamil Nadu, where it makes 90% of the handsets it sells in the country, it also has three R&D facilities in India.

    Where is Samsung’s biggest manufacturing unit?

    Samsung’s biggest mobile manufacturing plant in the world is in Noida which is a 35-acre facility.

    Why does Samsung manufacture in India?

    Samsung believes  that Industrial environment in India is much better than in China and also added that the policies in India are much more industrial friendly.

  • What is Larry Page doing these days? – All startups Larry Page is working on

    Larry Page is one of the world’s richest men and is well known for his company Google. Larry Page was the co-founder of Google and established the company in the year 1998. But few of us actually know about different startups that Larry Page is working on. In this article let’s look at those startups.

    Larry Page Air Taxi Startup – Latest News
    Who is Larry Page?
    Startups Larry Page is working on
    FAQ

    Larry Page Air Taxi Startup – Latest News

    The Air Taxi startup of Larry Page named Kitty Hawk has reported that it was making moves to the M&A space and conveyed that it has acquired 3D Robotics. The acquired company was once said to be a rival of the Chinese company DJI which is well known for the manufacturing of Drones.

    The profile of Kitty Hawk has mostly been to operate in Stealth and revealed that they were working on developing remote piloted vehicles. These vehicles are expected to be electric and have also been testing and exploring vertical landing and takeoff.

    The acquired company 3D robotics’ CEO and co-founder who is the formed Wired magazine editor is expected to join as a COO of Kitty Hawk who would be reporting to the CEO of the company Sebastian Thurn who is also the founder of Google X and helped in building Udacity.

    Who is Larry Page?

    Larry Page is well known to everyone as the co-founder of Google and the company was founded in the year 1998. Larry Page was the CEO of Google since 2001 and later it was continued by the co-founder of Google Eric Schmidt. In the year 2015, he co-founded Alphabet and made it the Parent company of Google.

    Side Projects of Elon Musk
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    StartupTalkyMichelle D’souza

    Startups Larry Page is working on

    Kitty Hawk

    Larry Page had founded Kitty Hawk in the year 2015 after making Alphabet the parent company of Google and kept Kitty Hawk away from the company. The company had launched a personal electric aircraft called flyer in the year 2017.

    Kittyhawk Flyer
    Kittyhawk Flyer

    The company had worked and evolved the concept of a flyer and in the year 2018, the company revealed a product Cora which was a joint venture with Boeing. But it was found that in the recent years the company had stopped concentrating on a flyer and had also laid off some employees.

    The company however had come up with another aircraft called Heaviside which is more traditional in looks when compared to the startups that develop aircrafts. The team Kitty Hawk is working currently on making the aircraft fully autonomous.

    Planetary Resources

    Planetary resources are a space mining company that was launched by Larry Page and the founder of Braintree Bryan Johnson. It is a US based company that was established in the year 2009 which was later reorganized and renamed in the year 2012.

    The main aim or goal of the company is to expand the natural resource base of the Earth by developing and deploying the technologies for mining asteroids. The company in the year 2018 had launched Arkyd-6 CubeSat which holds and technology that is experimental to detect the resources for water in the space.

    The company has faced a lot of skepticism and ridicule against the idea of mining of space as the costs of the company are expected to be much more larger than what they can obtain from the mining of Asteroids.

    Opener

    The Opener is again a personal aviation company that was founded in the year 1996 by a Canadian Engineer Marcus Leng. The idea of personal aviation had fascinated Leng and he flew his first proof of the concept of eVTOL aircraft in the year 2011.

    The major project of the company is Blackfly and the objective is to fly a capable vehicle which is a dream of futurists to efficiently move passengers from A to B. Opener has conveyed that they are working towards realizing this dream.

    Opener Blackfly
    Opener Blackfly

    The vehicle is expected to consume lesser energy compared to an Electric Car and also lesser noise compared to cars and motorcycles. It is a fully electric vehicle with a Vertical takeoff and landing. Larry Page has been an investor in the company and the startup is backed by him.

    Conclusion

    However, in the year 2019, Larry Page stepped down as the CEO of Alphabet but still remains as a board member of the company and has a controlling stake in the company. The above mentioned startups are some of the lesser known startups Larry page is working on.

    FAQ

    Why did Larry Page leave Google?

    As the company faced a series of antitrust investigations and mounting employee unrest, its two cofounders, Larry Page and Sergey Brin stepped down in 2019 from their leadership roles at the company.

    What is Larry Page’s net worth?

    The net worth of Larry Page is 10,560 crores USD (2021).

    Is Larry Page a billionaire?

    Larry page built a significant amount of wealth while creating Google. According to Bloomberg Billionaires Index, as of April 10, 2021, Page has a net worth of approximately $103.7 billion, making him the 6th-wealthiest person in the world.

  • Saurabh Kumar – Why is Grofers cofounder leaving the company?

    Saurabh Kumar who is the co-founder of the online grocery e-commerce platform Grofers has announced that he would be leaving from the company. In this article the let’s look at the reason, Why Saurabh Kumar is leaving the company.

    Grofers Cofounder – Latest News
    Saurabh Kumar on stepping away from Grofers
    Reason Saurabh Kumar is stepping away from Grofers
    Albinder Dhindsa’s words
    Future plans of Grofers
    FAQ

    Grofers Cofounder – Latest News

    The company was found almost 8 years back and Saurabh Kumar has been serving the company since then. He had conveyed it through an email that he had sent his employees.

    He had conveyed to his employees that he will no longer continue in the company’s day to day functions but added that he would continue to be the shareholder and a board member of the company.

    Saurabh Kumar on stepping away from Grofers

    In the email sent to his employees, Saurabh Kumar had conveyed that when I look back into the past 8 years and consider what we have achieved I feel proud and said that they should also feel the same. He added that the company has gone through a lot of ups and downs and said that we have faced them together and have always come out of it together and stronger.

    He added that all these were possible because of the hard work and sacrifices of the employees and said that whenever they had their backs to the wall, the support and strength of the employees had given him the courage and added that he doesn’t know a life outside Grofers.

    Reason Saurabh Kumar is stepping away from Grofers

    Saurabh Kumar had conveyed in the email that most of his learning and growth had happened in the company and added that he has been reflecting on his life and personal ambitions for a while. He conveyed that he wanted to wander again and the reason for stepping away from the position is considered to be the outcome of it.

    He had also conveyed that he was looking forward to building something fun and exciting and conveyed that some things are cooking. He added that it would take some time and we will have to wait for it to take shape.

    Albinder Dhindsa had conveyed that Kumar had been wanting to invest in his own personal evolution over the past 6 months. He also added that driving deeper had convinced him that there is another area where he could have a huge impact and that he could build it from scratch.

    Albinder Dhindsa on Saurabh Kumar Stepping away

    The co-founder and Chief Executive officer Albinder Dhindsa have conveyed that the exit of Saurabh Kumar from the firm is an end of an era for Grofers. He added that Kumar was an incredibly humble and grounded and had always reminded him of how fortunate and lucky he was to have built Grofers with him in a zone of no ego and no second guessing.

    He added that Kumar is not only a co-founder but also a friend, support system, a brother and a family to him. He added that he was fully supportive of his decision and wherever that would lead him in his journey.

    Retail sales of Grofers
    Retail sales of Grofers

    Future plans of Grofers

    The exit of the co-founder from the company is when the e-grocer is close to having closing an investment deal with Zomato which is estimated to be around USD 100 million. The investment is considered to be part of a large financial round and is expected to value the online grocery firm at around USD 1 billion.

    Grofers were in plans to list the company on the tech index Nasdaq but now the company has been said to have cancelled the plans of IPO and has decided to remain private. The move is considered to have come at a time where there is a huge competition and an increased demand in the market.

    Conclusion

    Saurabh Kumar still holds around 3.5 % in the firm and will still remain as one of the directors of the firm. He will not be part of the day to day activities of the company but will remain to be the shareholder and a member of the board of directors of the company.

    FAQ

    Who invested in Grofers?

    Zomato is in funding talks with Grofers to invest around USD 100 million.

    When was Grofers founded?

    Gofers was founded in 2014 by Albinder Dhindsa and Saurabh Kumar.

    How do Grofers make money?

    Grofers generates revenue through merchants. They charge a small percentage for every sale they get for them.