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    Electric Vehicles This Week: Ford To Invest $11 Bn In EVs; EESL Invites Bids For 2000 EV Chargers

    There has been a lot of buzz surrounding electric vehicles over the last week. As more and more companies enter the global EV market, competition is understandably becoming fiercer. To beat rival Tesla, American automotive giant Ford has committed to invest over $11 Bn in electric vehicles, with plans to launch as many as 40 EV models by 2022. The...

    • 19 min ago
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    Newgen IPO Gets Over 4 Times Subscription On The Last Day

    Getting ahead of the industry analysts expectations, the Newgen IPO marked the close with 4.28 times subscription on the last day. As per data available on NSE, the IT company received bids for 5.23 Cr shares, against the total issue size of over 1.22 Cr scrips. The Newgen IPO took a slow start on day 1 with only 18% subscription, however, gained pace on the second day with 70%...

    • 59 min ago
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    Aadhaar - Tokenization Puts To Bed Any Concern Of Centrally-Linkable Repository!

    Link Aadhaar to PAN card Link Aadhaar to school Link Aadhaar to Real-Estate Link Aadhaar to Mobile Link Aadhaar to Bank Account The list goes on and on! Many have asked why this is required? Others have been concerned about privacy - stating that two of the above agencies can partner, do a v-lookup on the basis of Aadhaar Number and subsequently spam us...

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    Mobile-based Security Management Solution myGate Raises $2.5 Mn In Funding From Prime Venture Partners

    Mobile-based security management solution for gated premises myGate has raised about $2.5 Mn ( INR 16 Cr) in its first round of funding, led by Prime Venture Partners. The company will use the funds to invest in technology and scale to 2 Mn homes across the country's top seven cities within the next two years. Vijay Arisetty, CEO and...

    • 4 hrs ago
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    India Overtakes The US To Claim Second Spot In App Downloads in 2017: App Annie Report

    As per the App Annie 2017 Retrospective Report, India overtook the US to take the second spot in terms of the number of app downloads in 2017. China took the first spot, with four of the top five countries by downloads being emerging markets. Meanwhile, globally there's been a 60% growth in the number of app downloads with downloads exceeding 175 Bn.

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    Paytm Payments Bank Launches Physical Debit Card Delivery Via App

    The account holders in Paytm Payments Bank can now order physical debit cards from the Paytm app. Earlier, the bank provided only digital debit cards which are issued to customers upon opening of Individual Savings Account. The development was confirmed by Paytm and One97 Communication founder Vijay Shekhar Sharma in a recent tweet. As mentioned on the Paytm Payments Bank...

    • 6 hrs ago
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    Amazon India Launches First Of Its Kind Silent Delivery Station In Mumbai

    The Indian arm of ecommerce behemoth Amazon has announced the launch of a first-of-its-kind Silent Delivery Station in Mumbai, in collaboration with Mirakle Couriers. The move is aimed at empowering and support diverse communities in the country by creating relevant job opportunities for them. As per the official statement, the concept of the silent delivery station was...

    • 7 hrs ago
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    NITI Aayog Positive On New Age Tech; Expects IoT To Be A $70 Bn Market

    After introducing a slew of measures in various sectors, the Indian think-tank NITI Aayog seems to be optimistic about new age technologies. Speaking at the 12th India Digital Summit, organised by the Internet and Mobile Association of India (IAMAI), NITI Aayog CEO Amitabh Kant forecasted the IOT market in India to be worth $70 Bn by 2025. As he said, "Today, 85% of the...

    • 7 hrs ago
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    WhatsApp Might Launch Its Digital Payments Feature As Early As Next Month

    WhatsApp could launch its much-awaited payments feature as early as next month as per people close to the development. An ET report stated that the messaging app is at various stages of integrating its Unified Payments Interface (UPI) based digital payments platform with SBI, ICICI Bank, HDFC Bank, and Axis Bank. "The platform is already in beta stage (testing) with...

    • 8 hrs ago
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    After UP, Maharashtra State Cabinet Approves Startup Policy

    In a bid to strengthen the state's startup ecosystem, the Maharashtra Cabinet has approved the Maharashtra State Innovation and Startup Policy in a meeting recently. The policy, which was in the making for over a year, aims to facilitate the emergence of around 10,000 startups over the next five years through investments worth over $782.2 Mn (INR 5,000 Cr). With the goal of...

    • 8 hrs ago

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