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Nine of the top 10 firms lose nearly ₹2.2 lakh crore in market valuation – sources
Business, Finance

Nine of the top 10 firms lose nearly ₹2.2 lakh crore in market valuation – sources

Nine of the 10 most-valued companies lost a whopping ₹2,19,920.71 lakh crore in their total market valuation last week with the barometer Sensex tanking more than 3%. Reliance Industries (RIL) was the only scrip to post gains in its market valuation among the top 10 valued companies. Among losers, Tata Consultancy Services' market valuation tanked Rs 81,506.34 crore to Rs 10,71,263.77 crore. The valuation of HDFC Bank declined by Rs 2,202.12 crore to reach Rs 8,45,552.53 crore. The market capitalization of ICICI Bank dropped by ₹18,098.57 crores to ₹4,13,078.87 crore and that of Hindustan Unilever by ₹11,536.32 crores to ₹5,00,937.14 crore. HDFC’s valuation declined by ₹35,389.88 crores to reach ₹4,57,518.73 crore and that of Infosys by ₹16,613.57 crore to ₹5,33,487.07 crore. ...
BMW nineT and R nineT Scrambler launched in India
Latest Bikes and Cars

BMW nineT and R nineT Scrambler launched in India

In India, BMW Motorrad has unveiled their new R nineT and R nineT Scrambler versions. The price of the new BMW R nineT and R nineT Scrambler is Rs 18.50 lakh and Rs 16.75 lakh, respectively. Both are ex-showroom costs (India).   The BMW R nineT and R nineT Scrambler will both be imported as CBUs (Completely Installed Units) into India. Both motorcycles are now available for booking at all BMW Motorrad dealerships in India. The delivery of the same is expected to begin soon.   The motorcycles are filled with features, technology, and equipment. This includes LED headlamps with integrated LED DRLs, a twin-pod instrument cluster (available only on the R nineT), and twin-can exhausts. The R nineT Scrambler comes with alloy wheels and knobby tires, while the top-of-the...
Production by MG Hector exceeds 50,000 units
Latest Bikes and Cars

Production by MG Hector exceeds 50,000 units

MG Motor India reported that the Hector production has passed the country's 50,000 units milestone mark. The MG Hector is the first offering of the brand to the Indian market, which has reported impressive sales figures in the nation to cement the brand.   An all-women team has developed the landmark SUV rolled-out from the brand's facility in Vadodara, Gujurat. While celebrating diversity with women leading end-to-end development, the initiative has produced a new benchmark.   Women-only teams have been involved in panel pressing of sheet metal and welding operations for painting jobs in this first-of-its-kind production. They also carry out the post-production test runs of the production line rolling out of the SUV.   It has an industry-leading 33 per...
Govt Reforms Rules For Social Media & Internet
news

Govt Reforms Rules For Social Media & Internet

On February 25, the government introduced a new set of rules for social media & internet. The idea behind this is to keep a track of the information shared on the OTT platforms. And to see what type of content is being served to which category of audience. Some key takeaways from the Intermediateries and Digital Media Ethics Codes Rules, 2021: A monthly compliance report has to be submitted by the publisher. It will consist of all the grievances received and how they tackled them, everything in detail. OTT platforms such as Netflix, Amazon Prime, Alt Balaji, etc have to categorize content according to the viewing age. Like U (Universal), U/A (above 7), U/A (13+), U/A (16+), and A for Adults. Content published by OTT platforms and other online publishers should be respectf...
Brazil signed a contract to buy 20 million covid vaccines from Bharat biotech of India
health and wellness, news

Brazil signed a contract to buy 20 million covid vaccines from Bharat biotech of India

On Thursday, Brazil's health ministry signed a contract to buy 20 million Covaxin vaccines, the corona vaccine manufactured by Bharat Biotech of India, for delivery in the middle of March and May. The health ministry said in a statement that the contract is worth 1.6 billion reais which is around $ 290,000. Expectedly the first 8 million doses will arrive in March.   To pick up the speed in purchasing vaccines in Brazil and dealing with the second lethal corona strain outbreak, the ministry said it published new rules last week passing out the bidding process.  As of Thursday, brazil reported 1,541 cases of death due to corona infection. This was the highest death toll since the outbreak happened.  The South American country, along with 65,998 new cases, has now registered 10,...
2021 Royal Enfield Interceptor, Continental GT 650 getting new colors
Latest Bikes and Cars

2021 Royal Enfield Interceptor, Continental GT 650 getting new colors

Royal Enfield has a collection of new bikes arriving in years to come. Most of them, like the new generation Classic 350, is currently in the testing process. Towards the end of this year, the Chennai-based bikemaker will also be offering the Interceptor and Continental GT 650 twins a mid-life update. The color descriptions of the 2021 Royal Enfield Interceptor and Continental GT 650 were published on the web prior to their official arrival.   As per the leaked details, four new color options will be available for the 2021 Royal Enfield Interceptor 650: Ventura Blue, Giltter & Dust, Royal Red, and Orange Crush, along with Baker Express and Orange Crush. In addition to Cookies and Cream and Venture Black and Blue, the revised Continental GT 650 will come in three new ...
Cryptocurrency Qoin Terminated From Australia
Bitcoins, Blockchain

Cryptocurrency Qoin Terminated From Australia

Blockchain Australia has rejected the membership of its cryptocurrency Qoin. Qoin has nearly 28000 validated merchants. Blockchain Australia issued a statement that Qoin "has been asked to remove the Blockchain Australia logo and name in use of any promotional activity". Blockchain Australia represents almost 70 organizations working in digital currency. Organizations like Victoria's Department of Economic Development, Jobs, Transport and Resources. Qoin's chief marketing officer, Andrew Baker expressed his disappointment with the regulation. But they do not want any disciplinary action to affect trade. Andrew said, "we are licensed to do what we do, we do it within the means of law".   Blockchain Technology Benefits To Be Exploited: Reserve Bank Of India   Concer...
Second Phase of the Covid-19 Vaccination
Business, news

Second Phase of the Covid-19 Vaccination

New 13,742 Covid-19 cases and 104 deaths are added to the list, updated by the Union Health Ministry. With this, the total count of Covid-19 cases hiked to 1,10,30,176, and total deaths to 1,56,567.   As per the reports declared by the Union Health Ministry, within 24 hours 16, 738 new Covid-19 cases and 138 deaths have been reported. About 90% of new coronavirus cases listed. After the first dosage of the covid-19 vaccination, the center announced the second phase of the Covid-19 vaccination on Wednesday, and the boost of these vaccines will begin on March 1.  The said vaccination is for the citizens aged above 60 years and for those who are above 45 years. The vaccination will be convenient for free at 10,000-odd government healthcare facilities. Those vaccines supplied ...
BJP President JP Nadda Will Launch ‘’ Lakkho Sonar Bangla’’  Campaign In West Bengal
news, Politics

BJP President JP Nadda Will Launch ‘’ Lakkho Sonar Bangla’’ Campaign In West Bengal

With the eye of Mamta Banerjee ruled West Bengal, the BJP on Thursday will launch a ‘’ Lakkho sonar Bangla’’ campaign to unseat the ruling Trinamool Congress from power in the state.  BJP president JP Nadda, who has arrived in the state will launch an election manifesto crowdsourcing campaign in West Bengal.  https://twitter.com/JPNadda/status/1364806472828215300?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1364806472828215300%7Ctwgr%5E%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fzeenews.india.com%2Fwest-bengal%2Fbjp-chief-jp-nadda-launches-lokkho-sonar-bangla-campaign-in-west-bengal-2344209.html He will also address a public rally in the state later today. Although According to the statement released by the party ‘’ Nadda will address a conference of the intelligen...
Engagement of two major pharma with serum institute of india for the mass production of covid vaccine
health and wellness

Engagement of two major pharma with serum institute of india for the mass production of covid vaccine

AstraZeneca, the British- Swedish pharma giant, and UK pharma giant  Novavax open up that they are ready to heighten the production of covid vaccine by engaging with the Serum Institute of India.  SII, the world’s largest vaccine manufacturer by volume is located in the Pune city of Maharashtra. It manufactures the corona vaccines brought by AstraZeneca and Oxford University, locally called Covidshied. Covidshield was indeed emergency use indexed by the world health organization this month. WHO allowed the use of Covidshield in low-income countries across the world.    “Ruud Dobber, the president of AstraZeneca’s pharmaceuticals business, said the with our partner, the serum institute of India, we are planning to supply over 300 million vaccines to about 145 countries through COVA...