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India may soon change the way it measures economic growth

The government is considering moving to the chain base method of calculating gross domestic product.

Inasra Technologies

Dec 12, 2019, 01.17 AM IST



The grand digitization of the finance industry: How technology is paving the path towards the future

Digitization has helped the common man achieve financial independence by obtaining affordable access to finance.

Samsung sets up innovation lab at IIT Guwahati

"The Samsung Innovation Lab at IIT Guwahati will train students on IoT, Embedded Systems, AI a...

Software Technology Parks of India sets up CoE for automotive technologies in Pune

The newly opened Centre of Excellence (CoE) will collabora...

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  • Mohandas Pai said that liquidity and valuations shouldn’t be concerns for companies seeking to list, as the market is “flush with money” and India investors have shown a willingness to pay up for growth stocks.

    "Ministry should carry out regular recruitment of qualified/trained staff for this purpose. It should not compromise in any manner on the quality of statistical staff at the field level, so that the credibility of the whole process is not jeopardized," the Parliamentary Standing Committee on Finance said in its report on MOSPI tabled in the Lok Sabha on Tuesday.

    "Sterlite Technologies Ltd (STL) has signed a memorandum of understanding (MoU) with Indian Institute of Technology Madras for sponsoring a chair professorship in 5G," the company said in a filing to BSE.

    "This round comes in at the right time where the aim is to invest in technology and touch more than 10 million lives within the next financial year," said Annanya Sarthak, Co-founder, Awign.

    Chandrashekhar Bhadsavle from Neral in Mumbai has developed a direct sowing technique called Saguna Rice Technology (SRT), which eliminates need of tillage and stubble burning in rice and other crops. Bhadsavle had developed the SRT technology of rice cultivation in 2011.

    These key hires come as the company embarks on an aggressive expansion drive to grow to 15 million homes across 40 cities in the next 18 months.

    Typically in an office air conditioning can account for 25-35% of the energy. There is usually significant wastage in their usage and the higher the wattage, the more the wastage costs. For instance, eliminating 1 hour of wastage a day for a 1.5 ton AC can save almost Rs.500 per month in energy costs.

    The startup is currently focusing on investing in its key leadership and building a rock-solid core team, as well as building a dedicated in-house technology team to further enhance data security and foolproof end-to-end processes across functions.

    The S&P BSE Telecom index was trading 0.13 per cent down at 1101.64 .

    Earlier this year, Mastercard said that it will invest an additional $1 billion in its India operations over the next five years, and about $350 million of that would go into setting up a local payments processing centre.

    The Nifty IT index was trading 0.71 per cent up at 15,053.40.

    Visaka Industries filed the complaint after the company said it issued legal notices asking Google India to take down the write-up. Google then moved the Andhra High Court for quashing the proceedings, but did not get any relief. On Google’s appeal, SC stayed the proceedings till it had applied its mind to the issues involved.

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