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Gujarat, Karnataka, Meghalaya top startup ecosystem rankings – Times of India

BENGALURU: Gujarat, Karnataka and Meghalaya were the ‘best performers’ in developing startup ecosystems for entrepreneurs last year, according to the latest ranking of states and union territories by the Centre's Department for Promotion of Industry and Internal Trade (DPIIT). Kerala, Maharashtra, Odisha, Telangana and Jammu & Kashmir were in the next category of ‘top performers’. In the previous report in 2019, Gujarat and Andaman & Nicobar Islands were in the ‘best performer’ category, and Karnataka and Kerala were in the ‘top performer’ category. There are three other categories: leaders, aspiring leaders, and emerging startup ecosystems. Tamil Nadu, UP, and Punjab are among the eight states and UTs in the leaders category. Tamil Nadu and UP were in the emerging startup ecosy...
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Hotels, restaurants barred from levying service charge by default – Times of India

NEW DELHI: The Central Consumer Protection Authority (CCPA) on Monday barred hotels and restaurants from levying service charges automatically or by default in food bills. It allowed customers to file complaints in case of violation with the consumer commissions, including through ‘e-daakhil’, and even district collectors. The authority, set up under the Consumer Protection Act, has issued detailed guidelines specifying the duties of eateries and the rights of customers and termed levying of service charges as “unfair trade practice”. It has prohibited the eateries to collect such charges in any other name. The CCPA also said hotels and restaurants must not link the entry of a customer and consumption of food to the service charge. Customers must be informed that any such payment is at ...
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RBI gives green signal to HDFC, HDFC Bank merger proposal – Times of India

NEW DELHI: HDFC Bank on Monday said it has got banking sector regulator RBI's nod for the merger proposal of its parent HDFC Ltd with itself. Touted as the biggest transaction in India's corporate history, HDFC Bank on April 4 agreed to take over the biggest domestic mortgage lender in a deal valued at about $40 billion, creating a financial services titan. "HDFC Bank has received a letter dated July 4, 2022 from the Reserve Bank of India (RBI) whereby the RBI has accorded it's 'no objection' for the Scheme, subject to certain conditions as mentioned therein," the bank said in a regulatory filing. The merger proposal remains subject to various statutory and regulatory approvals, including from the Competition Commission of India (CCI), National Company Law Tribunal (NCLT), other applica...
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Giant Waterlily Species Newly Identified In UK’s Kew Royal Botanic Gardens Is World’s Largest

A giant waterlily species has been newly identified in the Royal Botanic Gardens, Kew, United Kingdom. The species, belonging to the famous giant waterlily genus 'Victoria', is now the largest waterlily in the world. The study outlining the new botanical discovery was published July 4 in the journal Frontiers in Plant Science. The giant waterlily genus Victoria is named after England's Queen Victoria in 1852.  A team of researchers headed by Kew's scientific and botanical research horticulturist Carlos Magdalena, freelance Kew botanical artist Lucy Smith, and biodiversity genomics researcher Natalia Przelomska, alongside Bolivian partners, have been able to confirm the giant waterlily as a new scientific species using novel data, after years of investigation. Victoria b...
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Indian-Origin Woman Cancer-Free After Experimental Drug Trial In UK

London: An Indian-origin woman who was given just months to live a few years ago is celebrating on Monday after doctors say she is showing no evidence of breast cancer following a clinical trial at a UK hospital. Jasmin David, 51, from Fallowfield in Manchester is now looking forward to celebrating her 25th wedding anniversary in September after the successful National Health Service (NHS) trial. David’s two-year trial at the National Institute for Health and Care Research (NIHR) Manchester Clinical Research Facility (CRF) at Christie NHS Foundation Trust involved an experimental medicine combined with Atezolizumab, an immunotherapy drug administered intravenously which she continues to have every three weeks. “I was 15 months down the line after my initial cancer treat...
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Exports rise 16.78% to $37.94 billion in June; trade deficit at record $25.63 billion – Times of India

NEW DELHI: India's merchandise exports in June rose by 16.78 per cent year-on-year to $37.94 billion while the trade deficit ballooned to a record $25.63 billion, according to the government's preliminary data released on Monday. Imports expanded by 51 per cent to $63.58 billion in June compared to the year-ago month, the data showed. The trade deficit stood at $9.61 billion in June 2021. Cumulative exports in April-June 2022-23 rose by about 22.22 per cent to $116.77 billion while imports increased 47.31 per cent to $187.02 billion during the period. The trade deficit during the first three months of this fiscal widened to $70.25 billion from $31.42 billion in the year-ago period. FOLLOW US ON SOCIAL MEDIAFacebookTwitterInstagramKOO APPYOUTUBE!(function(f, b, e, v, n, t, s) { ...
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Watch the full episode of Saas bahu aur Saazish | 04.07.2022

Watch Saas Bahu aur Saazish (SBS) on ABP News daily at 2:30 PM to know what's happening in Indian television and bollywood industry with Aditi Arora Sawant. Presenting you the latest updates and daily dose of entertainment in the form of star cast interviews, gossips, updates of reality shows, behind the scenes, twist in serials. Join the non stop entertainment with Saas Bahu aur Saazish for all the juicy news. Source link
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Byju’s Aakash Deal: Byju’s clears $950 million payment to Aakash, completes $800 million fund raise | India Business News – Times of India

NEW DELHI: Edtech firm Byju's said on Monday that it has completed payment that was due for the acquisition of Aakash Educational Service and received majority of $800 million fund which it announced in March. The company is estimated to have acquired Aakash Educational Services Limited for around $950 million. "Our fundraising efforts are on track and the majority of the 800 million has been already received. The balance is also expected soon. Our payments to Aakash are closed and the audited financial results are going to be announced in the next 10 days," Byju's said in a statement. Byju's founder and CEO Byju Raveendran has made a personal investment of $400 million (over Rs 3,000 crore) of the total $800 million (about Rs 6,000 crore) raised in the latest funding round by the compa...
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Akasa Air unveils its airline crew uniform – Times of India

PUNE: Akasa Air on Monday unveiled the first look of its airline crew uniform, featuring a youthful and contemporary design, and colours that reflect the warm, friendly and happy personality of Akasa Air. Keeping in mind ergonomics, aesthetics and comfort, Akasa Air is the first Indian airline to have introduced custom trousers, jackets, and comfortable sneakers for its airline in-flight crew. The uniform is inspired by the company’s core beliefs of employee centricity and sustainability. The trouser and jacket fabric has been specially made for Akasa Air, using recycled polyester fabric which is made from pet bottle plastic salvaged from marine waste. The uniform fit focuses on providing the best possible stretch to ensure employees’ comfort over their busy flight schedules. Designed b...
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NASA Joins Fourth Of July Celebrations With ‘Celestial’ Fireworks, Shares Images Of 4 Nebulae

NASA has joined the celebrations for the Fourth of July, the United States' Independence Day, with some "celestial" fireworks. The US space agency shared the pictures of four beautiful nebulae — Cat's Eye Nebula, NGC 2392, Helix Nebula, and the Ring Nebula.  Let's kick off #FourthofJuly weekend with some fireworks! The celestial variety that is. pic.twitter.com/Kmw7TyfZGX — NASA 360 (@NASA360) July 1, 2022 The Fourth of July celebrates the passage of the Declaration of Independence by the Continental Congress on July 4, 1776, establishing the United States. Following the Declaration, 13 North American colonies were separated from Great Britain.  The Fourth of July is celebrated with fireworks because they signify national pride and patriotism. Fireworks have...
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‘India has a competitive advantage in the global flavors & fragrances market’ – Times of India

Manoj Arora , chief perfumer & MD at Sacheerom.Fragrances and flavors play a key role in influencing millions of Indians in their daily buying decisions. Most consumers, however, associate the F&F with France, maybe unaware of how this industry has evolved and grown locally. The Indian F&F industry pegged at around $1.4 billion in 2019 with exports accounting for 12% of total production, currently has 3% market share in the global F&F industry, according to industry estimates. Known among his peers as the ‘Nose of India’, Manoj Arorais an F&F veteran responsible for creating several brands in the FMCG and the F&B space. Arora, chief perfumer & MD at Sacheerome, an F&F manufacturer and supplier, opens up about the secret business of smell. Excerpts:Tell us...
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Copenhagen Mall Shootout: 3 Dead, 3 Critically Wounded. Danish PM Calls Incident ‘Hearbreaking’

New Delhi: Three people were killed and three others remain in critical condition after a gunman opened fire inside a shopping mall in Copenhagen on Sunday. One of the three victims was a man in his 40s including two young people, reported the news agency AP. The shooting incident at Field's, one of the biggest shopping malls located on the outskirts of the Danish capital left several wounded. A 22-year-old Danish man was arrested, according to Copenhagen police inspector Søren Thomassen who added there was no indication of involvement of anyone else in the attack even as the investigation is underway. ALSO READ: What Is Throat Diphtheria? Australia’s NSW Detects 2 Cases First Time After 1990s. Know Symptoms, Causes, How To Prevent Thomassen noted that it was too early ...
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Ten Years Of God Particle Discovery: All About The Higgs Boson, Its Link To SN Bose | EXPLAINED

July 4 is the 10th anniversary of the discovery of the Higgs boson, also known as God’s particle. After a search of more than 40 years, the particle was discovered in experiments on the Large Hadron Collider (LHC) at European Organization for Nuclear Research (CERN) near Geneva, Switzerland on July 4, 2012.  Considered one of the most important scientific discoveries of the modern era, the Higgs boson provides evidence for the Standard Model of Physics, which describes how various particles make the universe.  The Standard Model The Standard Model of particle physics describes how the world is constructed. We know that all matter consists of particles, which are the building blocks of nature. These particles are governed by four types of forces — gravitation, electromag...
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Ten Years Of God Particle Discovery: All About The Higgs Boson, Its Link To SN Bose | EXPLAINED

July 4 is the 10th anniversary of the discovery of the Higgs boson, also known as God’s particle. After a search of more than 40 years, the particle was discovered in experiments on the Large Hadron Collider (LHC) at European Organization for Nuclear Research (CERN) near Geneva, Switzerland on July 4, 2012.  Considered one of the most important scientific discoveries of the modern era, the Higgs boson provides evidence for the Standard Model of Physics, which describes how various particles make the universe.  The Standard Model The Standard Model of particle physics describes how the world is constructed. We know that all matter consists of particles, which are the building blocks of nature. These particles are governed by four types of forces — gravitation, electromag...
Business

Global slowdown: Govt to increase services exports – Times of India

NEW DELHI: The global slowdown has prompted the government to focus on higher services exports, which it expects will grow by around 20% to $300 billion this year. The target for goods exports is likely to be pegged at 10-12% after a 40% jump during the last financial year. The commerce department, which has been working on the target, is keeping an eye on first quarter numbers before announcing them. Signs of a moderation in exports were visible during May when it grew a little over 15%. With interest rates rising in the US and other parts of the world in the wake of high inflation, export demand is expected to be sluggish. This is especially so after the high growth last year, which saw the value of shipments soar to $418 billion. Besides, the ongoing Russia-Ukraine conflict is taking...
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Over 25k EVs sold in city in 6 months, more than in entire 2021 – Times of India

NEW DELHI: Delhi appears poised to reach a major milestone in its journey towards becoming the country’s electric vehicle (EV) capital. The first six months of 2022 has seen a total 25,890 EVs being sold in the city, higher than the total number sold in any single year since 2018. EVs accounted for 9.3% of all vehicles registered in the national capital this year till June 30, up from 5.6% recorded in the whole of 2021. There were 25,814 EVs registered last year while the number was 23,222 in 2019 and 20,973 in 2018. In 2020, only 12,381 EVs were registered amid an overall dip in vehicle sales due to the Covid-19 outbreak. Five years ago, when nearly 21,000 EVs were sold in Delhi, electrics comprised 2.9% of all vehicles registered. The share of EVs went up to 3.6% in 2019 before dippin...
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IndiGo cabin crew on mass leave on day of AI walk-ins, 55% of flights hit – Times of India

NEW DELHI: IndiGo Airlines, which operates 1,600 domestic and international flights daily, saw nearly 55% of its services delayed on Saturday as scores of crew members did not show up on a day when Air India was conducting walk-in interviews in several cities. Many of the crew members, who opted for sick leave, are said to have lined up for the Tata Group-owned carrier’s interviews in metros such as Delhi, Mumbai, Kolkata, Hyderabad and Bengaluru. As a result, pilots inside many IndiGo planes and passengers at terminals kept waiting for their Saturday flights to take off and a few flights had to be cancelled, said sources. The Directorate General of Civil Aviation (DGCA) has sought a report from India’s largest airline (by passenger carriage) — that over the years built a reputation for...
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Several Hit By Gunshots At Shopping Mall In Copenhagen: Danish Police

New Delhi: Several people have been hit by gunshots at a shopping mall in the capital Denmark’s Copenhagen on Sunday, said Danish police as reported by the news agency AFP. #BREAKING Shots fired in Copenhagen mall, several victims: police pic.twitter.com/h3spxJPqd1 — AFP News Agency (@AFP) July 3, 2022 The city's police tweeted that "shots have been fired and several people have been hit" at the Field's mall. "We are present in large numbers," they said. This is BREAKING NEWS...Please refresh the page for more updates Source link