After a long time India gets 101th unicorn

Edtech firm PhysicsWallah has become India's 101st #unicorn after it raised $100 million in its Series A funding, taking the company’s valuation to $1.1 billion.

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Jio has expanded the reach of its 4G services in Spangmik village close to Pangong lake, an area which has been a friction point between India and China in recent years.
#Telecom

https://t.co/MijmXraKNO

Adani Group to set up hyper-scale data centre at Bengal Silicon Valley

After its foray into ports, Adani Enterprises is all set to enter the Information Technology (IT) sector in West Bengal. The group will set up a data centre in the New Town area in the northern outskirts of Kolkata. The decision was approved by the Bengal cabinet on Monday.

Announcing the project, West Bengal Industry Minister Partha Chatterjee said Adani group will set up Bengal Tech Park, a new subsidiary company to set up a hyper-scale data centre on an area of 51.75 acres inside the Bengal Silicon Valley hub in New Town.

@DevelopmentNewsIndia

BREAKING: China🇨🇳 secretly building PLA naval facility in Cambodia🇰🇭, with both countries at pains to conceal Chinese military presence, Western officials say.

Big threat to Malacca strait. China could also forward deploy warships incl. SSNs to waters near A&N Islands from this base much more frequently

#InternationalNews #Geopolitics
https://t.co/LZHmc2Jmwf

According to sources, hit by supply disruptions, both Europe and Russia’s defence and shipbuilding companies have approached Indian firms, seeking to buy and assemble components which they used to buy from each other before #UkraineRussiaCrisis.

आपदा में अवसर। 🌝

#Geopolitics #Trade #MakeInIndia
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Mitsubishi Electric to launch a new factory in India with investment of approximately Rs 2,200 cr in Pune

Mitsubishi Electric Corporation announced today that it will invest approximately Rs 2,200 cr in its subsidiary Mitsubishi Electric India to launch a new factory in Pune. The new factory will manufacture inverters and other factory automation (FA) control system products to meet the growing demand in India. It will be ready by next year.

#MakeInIndia
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@DevelopmentNewsIndia

Himachal Pradesh become the first state in the country to give a nod to drone policy.

Himachal’s #drones policy mainly focuses on creating drone-enabled technology, creation of manpower through the establishment of training schools, startup and innovation schemes, and more.

The policy aims to propagate the use of drone-enabled technology in different sectors such as defence, transport, health, agriculture and more.

#MakeInIndia
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@DevelopmentNewsIndia

NHAI creates a Guinness World Record by constructing "75km continuous bituminous concrete road in single lane on NH-53 section between Amravati and Akola in 105 hours and 33 minutes"
#Infra

@DevelopmentNewsIndia

"It was a small trial, just 18 rectal cancer patients ... The medication was given every 3 weeks for 6 months and cost about $11,000 per dose. The cancer vanished in every single patient, undetectable by physical exam, endoscopy, PET scans or M.R.I. scans."

#InternationalNews #Health #Medicine
https://t.co/0nQwlbrY65

RBI announced that credit cards will now be allowed to be linked with the #UPI accounts. The implementation will begin with the indigenous RuPay credit cards, followed by other card networks such as Visa and Mastercard.

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@DevelopmentNewsIndia

Iranian Foreign minister holds talks with Indian NSA Ajit Doval
#ForeignAffairs

🇮🇳🤝🇻🇳

#Defence #ForeignAffairs
https://youtu.be/nt3CfhVGhaU

Hon’ble Raksha Mantri, Shri Rajnath Singh approves fund enhancement of Technology Development Fund (TDF) scheme from ₹ 10 Cr to ₹ 50 Cr per project for development of advanced and critical defence technologies.

The enhanced funding is in line with the budget announcement of the Government where in 25% of defence R&D budget was earmarked for industry. Technology Development Fund (TDF) scheme facilitate up to 90% of the total project cost: #DRDO

#Defence #Research

Union Cabinet, chaired by PM approved the proposal for signing a bilateral MoU between India and the UAE on cooperation in the field of Industries and Advanced Technologies.

India-UAE bilateral trade, valued at $180 million per annum in the 1970s has increased to $60 billion making the UAE, India’s third-largest trading partner .

#ForeignAffairs
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@DevelopmentNewsIndia

#ForeignAffairs
https://www.msn.com/en-in/money/news/russia-has-no-extra-oil-to-sign-deals-with-two-indian-buyers-say-sources/ar-AAYdY3Y?bk=1&bk=1&ocid=msedgdhp&pc=U531&cvid=5fb95a5fea6c4455bf77205dc5ce429f

A Netherlands-based cybersecurity services and Virtual Private Network (VPN) provider Surfshark has become the latest name that will be shutting down its physical servers in India after the Central government issued fresh directions asking VPN providers to register and share customer data with them when requested.

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#MustWatch

India has become a major critical supplier (Tier 1 parts) for American and European civil and military #aviation, thanks to our giant MNCs and #startups alike.

https://youtu.be/b-5dyV_ruiU

Both DFC corridors under DFCCIL to be operational in all states except Maharashtra by June 2023 as the current Maharashtra govt has still not cleared land acquisition for the nationally important project.

https://t.co/0enhBFtPZF

#Infra #Railways

Karnataka Govt okays bid to build 20.5 km metro line to Hosur. 8.8 kms is likely to be constructed in TN while rest will be in Karnataka... Ⓜ️🚇

We might see a NCR style creation in the South if this get done, just hope that regional chauvinism dosen't impede it.

#Metro #Infra
https://t.co/YIlCjkCtGD

PM Modi inaugurates India's first Biotech Startup Expo 2022 in Delhi

Being organised by BIRAC, the event is being held to mark the completion of ten years of setting up of BIRAC.

About 300 stalls are set up at the Expo, that showcases the applications of biotechnology in various fields such as healthcare, genomics, biopharma, agriculture, industrial biotechnology, waste-to-value, and clean energy, among others.

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