Innovations Financial News
06.05 / 08:07
markets
UPS
Sustainability
Trade
innovations
CarTrade Tech share price spikes 14% after Q4 net profit jumps 50% YoY
₹855.00 apiece on the BSE. The automobile marketplace CarTrade Tech posted a net profit of ₹22.51 crore in the quarter ended March 2024, rising 50.5% from ₹14.95 crore in the same quarter a year ago. The company’s revenue from operations in Q4FY24 grew 51.4% to ₹145.27 crore from ₹95.86 crore, while EBITDA margin expanded to 18.9% from 12.1%, YoY.
06.05 / 03:15
UPS
Career
Research
Cycling
show
innovations
Workplace: Escape the trap of burnout and hustle culture
Lancet, found that individuals working 55 hours or more in a week have a 1·3-times higher risk of stroke than those working fewer hours. The negative outcomes are not just limited to our health. Paradoxically, when we chase success through overwork, it often leads to the opposite result.
06.05 / 03:13
UPS
Manufacturing
Deloitte
wellness
Experts
innovations
Schools
Easing FDI norms in space sector to attract foreign players, boost demand for high-tech jobs
space sector will help attract foreign players as well as startups and will boost demand for high-tech jobs, experts say. The government has eased FDI norms in the sector by allowing 100 per cent overseas investment in making components for satellites, as part of efforts to attract overseas players and private companies into the segment. The provisions were notified last month.
06.05 / 02:59
UPS
Google
CEO
innovations
Schools
Interviews
Relationships
America's tech industry cannot survive without Indians: SVC Chamber of Commerce CEO
Indians are one of the largest leaders of innovation in Silicon Valley and America's tech industry cannot survive without them, the CEO of the Silicon Valley Central Chamber of Commerce has said. «I don't have the new figures, but what matters is that we (Indians) are such impactful contributors,» Harbir K Bhatia told PTI in an interview.
05.05 / 11:51
markets
Google
Apple
Justice
innovations
information
Department
The Google antitrust verdict looms. Here’s what to look for.
WASHINGTON—U.S. District Judge Amit Mehta heard two days of closing arguments last week in the government’s landmark antitrust case against Google. Mehta lobbed skeptical questions toward lawyers for both sides, along the way dropping hints about how he’ll rule when he hands down his long-awaited written decision.
05.05 / 11:15
UPS
Art
economy
show
innovations
stars
Videos
A winner-takes-all economy is bad for innovation and art
I was disappointed by this year’s Whitney Biennial—it was hard for me to tell if one video installation was art or an HR training video—but as an economist, I have to admit the exhibition was successful in at least one respect: It did what art is supposed to do, which is to hold up a mirror to our society and economy. And this year’s biennial shows how America’s elite institutions are stifling innovation and creativity. The theme of this year’s show was to use AI and the “rhetoric around gender and authenticity" to “explore the permeability of the relationships between mind and body, the fluidity of identity, and the growing precariousness of the natural and constructed worlds." I liked some of it, but I was not alone in my disappointment.
05.05 / 08:05
UPS
Manufacturing
Pool
Deloitte
wellness
Experts
innovations
Easing FDI norms in space sector to attract foreign players, boost demand for high-tech jobs
investment (FDI) in the space sector will help attract foreign players as well as startups and will boost demand for high-tech jobs, experts say. The government has eased FDI norms in the sector by allowing 100 per cent overseas investment in making components for satellites, as part of efforts to attract overseas players and private companies into the segment. The provisions were notified last month. Sreeram Ananthasayanam, Partner, Deloitte India, said that the recent amendment of higher FDI limits in the space sector is a significant step towards transforming India's space program, in terms of infrastructure development.
05.05 / 08:05
Manufacturing
CEO
performer
cover
electronic
innovations
Mahindra, Tata Motors receive record patent approvals in FY24
Mahindra & Mahindra and Tata Motors have received a record number of patent approvals for a wide spectrum of product and process innovations in the last financial year. Mahindra & Mahindra (M&M) received 674 approvals, its best-ever annual performance, while Tata Motors also witnessed the grant of 333 patents during the 2023-24 financial year. M&M said it has received a record 674 patents in 2023-24, with the majority coming in from the Indian Patent office. «We understand the importance of being future-ready; therefore, we have made significant R&D investments to ensure that we stay ahead of the curve in terms of technology and talent,» M&M ED & CEO (Auto & Farm Sectors) Rajesh Jejurikar said.
05.05 / 02:47
Digital
Discover
performer
innovations
ventilators
Features
rights
Best Deals and Offers on Chimneys in Amazon Great Summer Sale 2024
Whether you're seeking a powerful suction chimney or a stylish addition to your culinary space, the Amazon sale promises unbeatable offers. Explore our comprehensive guide to uncover the best deals and elevate your kitchen's functionality and aesthetic appeal without breaking the bank during this summer extravaganza.
05.05 / 00:33
Manufacturing
Platform
Parke
Research
Healthcare
inclusion
innovations
park
ARTPAR: From legged robots to advanced cargo drones, a look at India's first robotics park
ARTPARK is not just a regular park in your neighbourhood. For tech enthusiasts, it’s an ecosystem fostering inclusivity and driving equitable access to artificial intelligence (AI) and robotics solutions. Established in 2020 within the Indian Institute of Science (IISc) campus in Bengaluru, ARTPARK is India’s first AI and robotics technology hub. “ARTPARK aims to develop world-class critical technologies for robotics and autonomous systems, reduce India’s import footprint in them and catalyse AI for India’s big challenges,” said Raghuram Dharmaraju, chief executive of ARTPARK. At its core, ARTPARK, a non-profit organisation, is a nexus for innovation, uniting startups, industry leaders, researchers, government bodies and non-profits. It also aims to skill the next generation of professionals in advanced manufacturing for robotics and autonomous technologies by 2025.
04.05 / 17:53
UPS
Provident
Waters
economy
Sustainability
innovations
Schools
Turning trash into cash: Entrepreneurs redefine waste management
municipal solid waste into charcoal, a project for which he has set up a plant in Gangoh, a nondescript town in Uttar Pradesh’s Saharanpur district. “Cogo (Eco-Tech Solutions) is a Latin word, meaning bringing together,” says Kurishingal, 59, with a smile on his face as he points towards the logo on the new machines. “The USP of this Make-in-India technology is that it requires no segregation of waste at all. All types of waste can be put into a single machine.”
04.05 / 14:27
Action
Actor
Celebrity
innovations
stars
Equality
rights
Kareena Kapoor Khan appointed UNICEF India National Ambassador
UNICEF India on Saturday announced Bollywood star Kareena Kapoor Khan as its new National Ambassador. The «Crew» star, who has been associated with UNICEF India since 2014, will support the not-for-profit organisation in furthering every child's right to early childhood development, health, education and gender equality, a press release said. Kareena had earlier served as a Celebrity Advocate for UNICEF India. «There are few things as important as the rights of children, the future generation of this world. I am honoured to continue my association with UNICEF now as India's National Ambassador,» the 43-year-old actor said in a statement.
04.05 / 11:11
Manufacturing
CEO
Landmark
Sustainability
WhatsApp
innovations
reports
We have returned to profitability: Vinayak Pai, MD & CEO Tata Projects
Tata Group's Engineering, Procurement, and Construction (EPC) company, Tata Projects, has said that it has turned profitable. Speaking over the company result announcement, Vinayak Pai, MD & CEO at Tata Projects said the company's strategic realignment, organisational transformation and improved focus on operational efficiencies have started yielding results. «I feel proud to announce that we have returned to profitability, and we are moving forward on our path to deliver predictable and sustainable projects through innovation and technology,» he said. Tata Projects reported a profit after tax of Rs 120.57 crore for the quarter ended March 31. The company had posted a loss of Rs 366.42 crore in the year-ago period. The company's revenue from operations increased to Rs 5,412.80 crore during the March quarter, over Rs 5,015.21 crore in the year-ago period, the statement said.
04.05 / 10:11
markets
UPS
Provident
Manufacturing
Healthcare
innovations
testing
acquires
KARAM Safety acquires Midas Safety India to strengthen leadership in the PPE industry in India
Delhi…May 3, 2024…KARAM Safety, a leading global PPE player and fall protection solutions provider, is pleased to announce the successful acquisition of Midas Safety India, a prominent player in the hand protection safety products industry. This strategic move marks a significant milestone in KARAM Group's journey towards expanding its presence and enhancing its product offerings.
04.05 / 07:39
Provident
BLOCK
Art
Role-playing
Diversity
innovations
From entrepreneurs to innovators, why creativity and critical thinking is important in children
critical thinking lays the foundation for a lifetime of learning and growth. Youngsters possess an innate curiosity and imagination waiting to be nurtured. Encouraging these qualities enhances their cognitive abilities and equips them with essential skills for navigating an increasingly complex world. Here, we explore some practical strategies to promote creativity and critical thinking. Creating an environment for exploration and curiosity First and foremost, creating an environment that stimulates curiosity and exploration is vital. A classroom or home setting rich in diverse materials, such as art supplies, building blocks, books, and nature elements, invites children to engage in open-ended play. Preschoolers can experiment, make choices, and learn from their experiences through unstructured play.
03.05 / 17:37
markets
UPS
Action
security
Diversity
innovations
OSC pledges tougher and more visible enforcement
The Ontario Securities Commission is planning to toughen up — and make more visible — its response to capital markets misconduct and build the regulator’s reputation as an effective enforcer by vigorously prosecuting serious financial crimes, taking on novel and sophisticated files, and increasing the collection rates for penalties imposed.
03.05 / 13:17
markets
Blockchain
XRP
Platform
Doge
innovations
Features
BlockDAG Adds 10 More Buying Options Including BTC, SOL, and DOGE
BlockDAG becomes essential. This overviewhighlights the unique offerings of each and emphasises the distinctive features of BlockDAG, including its diverse payment options and cutting-edge technology such as the BlockDAG X100 miner. These innovations have enabled the brand to achieve a $22.4 million presale in just 10 batches and highlight its potential for a 30,000X ROI.
03.05 / 13:17
students
country
innovations
Department
Videos
Colleges
MrBeast shares ‘life-transforming’ aspects of education in latest video, netizens say ‘absolutely blown….’
Ron Clark Academy is well-known for its strong academic credentials, with its students having a 100% graduation rate and more than 90% being accepted to higher-education colleges. Beast Philanthropy joined hands with telecommunications company Victra to start a new scholarship at the Ron Clark Academy and also sponsored the training of over 200 teachers, who got an opportunity to learn about innovative teaching methods with the organisation. Beast Philanthropy's 11-minute video on the Ron Clark Academy has earned more than 27 lakh views.
03.05 / 08:55
IPO
Target
security
Enterprise
Research
innovations
information
Sattrix Information files DRHP for Rs 20 cr SME IPO, targeting mid-May listing
Sattrix Information Security has filed its draft red herring prospectus (DRHP) with the BSE SME for an IPO. The issue is completely a fresh equity sale of 18 lakh shares and through it, the company plans to raise around Rs 20 crore. In the public offer, about 50% is reserved for allocation to retail investors and the the other 50% will be allocated to non-retail investors.
03.05 / 08:55
markets
Digital
Progressive
Strategy
country
innovations
International
India’s crypto regulations can do with a HODL strategy
crypto asset market progresses, India finds itself at a pivotal juncture. There’s an opportunity to chart a course that delicately balances innovation in this nascent but super exciting sector, together with risk management, while drawing invaluable insights from the regulatory experiences of other nations. At the recent G20 Summit, India emerged as a leading advocate for standardizing regulatory frameworks for crypto assets on a global scale, championing international collaboration to address the inherently cross-border nature of crypto assets and the imperative to mitigate the macro-financial implications associated with them. Countries worldwide are making significant strides. Markets in Crypto-assets (MiCA), the EU-wide regulation, will come into effect this year. MiCA, once put into action, will have a broad scope of application within the crypto asset ecosystem. Dubai International Financial Centre (DIFC), the leading global financial center in the Middle East, Africa, and South Asia (MEASA) region, enacted the world’s first Digital Assets Law. The UK government, which has a stated goal of being a global leader in Web3, has confirmed plans to regulate crypto assets through formal legislation in 2024 (It has said it intends to bring many crypto asset activities under the same regulations that govern banks and other financial services firms).
03.05 / 08:45
Strategy
Research
Tapestry
Diversity
country
innovations
MullenLowe Lintas Group commissions ‘State of States’, a pioneering study to deconstruct Indian cultures
As one of the most diverse nations in the world, India boasts a rich tapestry of cultures, traditions, and languages across its vast expanse. The dynamic nature of Indian society necessitates a comprehensive understanding of regional nuances to effectively engage with consumers.Through ‘State of States’, a first-of-its-kind research study, MullenLowe Lintas Group intends to deconstruct the 30 different cultures in India to have a far deeper understanding of the respective culture codes, tensions, and shifts that are happening, to craft brands of the future.
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