Best printers for Home

Best Mixer Grinder

Best wired Earphones

Best 43 Inch TV in India

Best Wi Fi Routers

Best Home Theatre in India

Smart Watch under 5000

Best Laptops for Education

Best Laptop for Students

<keyword id="19924335" type="General" weightage="20" keywordseo="Tata-Group" source="keywords" meta.keywordsubtype="org" meta.entityname="Tata Group" meta.hostid="261" meta.entityid="Tata Group">Tata Group</keyword> chairman <keyword id="19981455" type="General" weightage="100" keywordseo="Ratan-Tata" source="keywords">Ratan Tata</keyword> left for his heavenly abode on Wednesday. Tata, aged 86, died on Wednesday evening at Breach Candy Hospital in Mumbai after a brief illness. The industrialist was widely known for transforming the Tata Group into a global powerhouse and would often make headlines for his <keyword id="21072972" type="General" weightage="20" keywordseo="philanthropic-efforts" source="keywords">philanthropic efforts</keyword>. Perhaps this is why, the death of the renowned industralist has struck a chord with the entire nation and beyond. The Maharashtra government also declared a day of mourning today in Ratan Tata's honour. From Reliance Industries MD <keyword id="19916798" type="General" weightage="20" keywordseo="mukesh-ambani" source="keywords">Mukesh Ambani</keyword> and Adani Group chairman <keyword id="111343" type="General" weightage="20" keywordseo="gautam-adani" source="Orion">Gautam Adani</keyword> to <keyword id="19902762" type="General" weightage="20" keywordseo="Google" source="keywords" meta.keywordsubtype="org" meta.entityname="Google" meta.hostid="261" meta.entityid="Google">Google</keyword> CEO <keyword id="164502" type="General" weightage="20" keywordseo="sundar-pichai" source="Orion">Sundar Pichai</keyword>, a lot of business tycoons have reacted to Ratan Tata's death. Let us take a look at some reactions. Industrialist Gautam Adani hailed Tata as a “giant” and a “visionary” who redefined modern India’s path. “He wasn’t just a business leader; he embodied the spirit of India with integrity, compassion, and an unwavering commitment to the greater good,” Adani said. His words echoed the sentiment of many who admired Tata for his values and leadership, which transformed the Tata Group into a global enterprise while maintaining its deep connection to Indian society. Google CEO Sundar Pichai also expressed his grief over Tata’s death, noting his deep commitment to India’s progress. “Ratan Tata deeply cared about making India better,” Pichai wrote on X, formerly Twitter. Reflecting on his last meeting with Tata at Google, where they discussed advancements in Waymo, Pichai added that Tata’s vision was inspiring. “He leaves an extraordinary business and philanthropic legacy, having mentored and developed modern business leadership in India.” Anand Mahindra, Chairman of Mahindra Group, shared his sorrow over the loss of a mentor whose guidance he believed was invaluable, particularly at a time when India’s economy is poised for significant growth. “Ratan’s life and work had much to do with our current position on the global stage,” Mahindra noted. “His example will continue to guide us, and legends like him never die.” Reliance Industries Chairman Mukesh Ambani expressed personal grief over the loss of a “dear friend.” Ambani described Tata as a visionary who took India to the world and brought global innovations to India. “With his passing, India has lost one of her most illustrious sons. His contributions will continue to inspire future generations,” Ambani said, adding that Tata’s legacy of humility, integrity, and compassion was one that would remain etched in memory. RPG Enterprises’ Harsh Goenka also paid tribute to Tata, describing him as a beacon of ethical leadership. “The clock has stopped ticking for the titan of Indian industry,” Goenka wrote, underscoring the indelible mark Tata left on both business and society. Other prominent figures, including Finance Minister <keyword id="19916618" type="General" weightage="20" keywordseo="nirmala-sitharaman" source="keywords">Nirmala Sitharaman</keyword> and Commerce Minister <keyword id="19895367" type="General" weightage="20" keywordseo="piyush-goyal" source="keywords">Piyush Goyal</keyword>, also expressed their sorrow. Sitharaman lauded Tata as a leader whose deep resolve for innovation and social responsibility transformed industries and uplifted communities. Goyal, meanwhile, referred to Tata as a “true nationalist” who brought immense pride to India through his global achievements. Apart from celebrities, politicians and business tycoons, Ratan Tata is also being remembered by millions of Indians on social media. Various people have shared heartfelt posts on platforms like Instagram and X, mourning the death of the Tata Group chairman. Tata, born in 1937 in Mumbai, led the Tata Group as Chairman of Tata Sons from 1991 until his retirement in 2012. He was instrumental in expanding the group’s global footprint while staying true to the company’s founding principles of ethical business practices and social responsibility. His leadership extended far beyond the boardroom, as he dedicated much of his life to philanthropy, focusing on education, healthcare, and rural development. As India mourns the loss of a corporate icon, the tributes from business leaders paint a portrait of Ratan Tata as a visionary who transcended his role as an industrialist to become a symbol of India’s aspirations and values. His legacy, built on integrity, innovation, and a commitment to the greater good, will continue to inspire future generations. Tata’s mortal remains will be kept at the National Centre for the Performing Arts (NCPA) in Mumbai for the public to pay their respects, before his final rites are performed later in the day.

‘Deeply cared about making India better’: Mukesh Ambani, Gautam Adani, Sundar Pichai and others react to Ratan Tata's death

<keyword id="19902762" type="General" weightage="100" keywordseo="Google" source="keywords" meta.keywordsubtype="org" meta.entityname="Google" meta.hostid="261" meta.entityid="Google">Google</keyword> is intensifying its focus on <keyword id="19895063" type="General" weightage="20" keywordseo="India" source="keywords">India</keyword> with the introduction of advanced AI tools aimed at breaking down <keyword id="20932433" type="General" weightage="20" keywordseo="language-barriers" source="keywords">language barriers</keyword> and enhancing agricultural practices, a senior company official said. Abhishek <keyword id="22795920" type="General" weightage="20" keywordseo="Bapna" source="keywords">Bapna</keyword>, Director of Product Management at Google <keyword id="20260498" type="General" weightage="20" keywordseo="DeepMind" source="keywords">DeepMind</keyword>, highlighted the importance of reducing language barriers in India's economic development. "Language is very essential for economic development. For instance, a language barrier should not hinder someone from explaining their medical issues to a doctor or accessing banking services," Bapna said during his short visit to IIM Calcutta. The tech giant has launched Google <keyword id="19896990" type="General" weightage="20" keywordseo="Gemini" source="keywords">Gemini</keyword>, formerly known as Bard, an artificial intelligence chatbot that supports more than 40 global languages, including nine Indian languages. Bapna added that Google's ongoing focus is on continuously improving language quality and expanding support for more Indian languages in the future. Currently, the chatbot supports nine Indian languages - Hindi, Bengali, Gujarati, Kannada, Malayalam, Marathi, Tamil, Telugu and Urdu. Bapna noted the complexity of India's multilingual environment, where people often use multiple languages simultaneously. This presents unique challenges for AI models, as they must correctly identify and apply the appropriate dictionaries to understand and generate accurate responses, Bapna said. To empower developers in India, Google is expanding <keyword id="22364430" type="General" weightage="20" keywordseo="Project-Vaani" source="keywords">Project Vaani</keyword> in collaboration with the Indian Institute of Science (IISc). The project offers developers over 14,000 hours of speech data across 58 languages, collected from 80,000 speakers in 80 districts. Additionally, Google introduced IndicGenBench, a comprehensive benchmark designed specifically for Indian languages. This initiative aims to assess and fine-tune language models for more accurate and effective use in India. In a parallel effort to support India's agricultural sector, Google is working towards launching the Agricultural Landscape Understanding (ALU) Research API. This limited availability tool is designed to make agricultural practices more data-driven and efficient. The ALU API aims to enhance farm yields, improve access to capital, and provide better market access for farm products. "On agriculture, right now we are conducting a pilot with the Telangana government that is already underway. Once the pilot is complete, we plan to scale it up and engage actively with state governments," Bapna said. He emphasized that Google's agricultural initiatives are driven by two major goals: improving livelihoods and addressing climate change through necessary interventions. "Banks and insurance companies could also be end users. Right now our focus is to make sure that the technology works properly," Bapna said. By offering granular landscape insights at the farm field level, the ALU API is expected to transform India's agricultural ecosystem.

Google to expand AI initiatives in India, targeting language barriers, agricultural efficiency

Prime Minister <keyword id="19895781" type="General" weightage="20" keywordseo="narendra-modi" source="keywords">Narendra Modi</keyword> urged CEOs of US majors to take advantage of India's growth story as the country is making all efforts to become the third largest economy of the world in his third term. India is currently the fifth largest economy of the world after the US, China, Germany and Japan with a GDP of around USD 3.9 trillion. India has been the fastest growing large economies of the world with GDP growth rate of over 7 per cent for the last three consecutive years. Addressing CEOs of the large US tech firms on Sunday, Modi said India will make every effort to become the third largest economy in the world in his third term (2024-29). Companies should take advantage of India's growth story for collaboration and innovation by co-developing, co-designing, and co-producing in India for the world, harnessing the opportunities from the country's economic and technological growth, he said. Assuring the business leaders of India's deep commitment to the protection of intellectual property and to fostering tech innovation, Modi highlighted the economic transformation happening in the country, particularly in electronics and information technology manufacturing and semiconductors. Modi asserted that his government was committed to making India a "global hub of <keyword id="20073013" type="General" weightage="20" keywordseo="semiconductor-manufacturing" source="keywords">semiconductor manufacturing</keyword>". The meeting took place at the Lotte <keyword id="19904497" type="General" weightage="20" keywordseo="New-York" source="keywords">New York</keyword> Palace Hotel on Sunday during the second leg of Modi's three-day US visit. It saw the participation of CEOs of 15 major US-based firms working on cutting-edge technologies such as AI, quantum computing and semiconductors. "Had a fruitful roundtable with tech CEOs in New York, discussing aspects relating to technology, innovation and more. Also highlighted the strides made by India in this field. I am glad to see immense optimism towards India," Modi said in a post on X. During the conference, Modi said technology collaboration and efforts such as the Initiative on Critical and Emerging Technologies (ICET) lie at the core of the India-US Comprehensive Global Strategic Partnership, according to a Ministry of External Affairs press release. Organised by the Massachusetts Institute of Technology (MIT) School of Engineering, the CEOs of top US tech firms, including Google CEO Sundar Pichai, Adobe CEO Shantanu Narayena, Accenture CEO Julie Sweet and NVIDIA CEO Jensen Huang attended the meeting. Others who participated in the roundtable included AMD CEO Lisa Su, HP Inc. CEO Enrique Lores, IBM CEO Arvind Krishna, Dr Noubar Afeyan, Chairman of Moderna, and Verizon CEO Hans Vestberg. Modi also talked about India's BIO E3 (biotechnology for environment, economy and employment) policy to develop the country into a biotech powerhouse and on the topic of AI, noted that India's policy is to promote AI for all, underpinned by its ethical and responsible use. The CEOs appreciated India's growing prominence as a global technology hub, driven by its innovation-friendly policies and flourishing market opportunities. They also expressed strong interest in investing and collaborating with India, agreeing that investing in startups would be a synergistic opportunity to innovate and develop newer technologies in the country. Others who attended the conference included Biogen Inc CEO Chris Viehbacher, CEO of Bristol Myers Squibb, Chris Boerner, Eli Lilly and Company CEO David A. Ricks, LAM Research CEO Tim Archer, GlobalFoundries CEO Thomas Caulfield, and the CEO of Kyndryl, Martin Schroeter. "Further cementing technology and business connect. PM @narendramodi interacted with the top tech leaders and CEOs of USA, in a Roundtable hosted by the Massachusetts Institute of Technology School of Engineering, in New York today. PM emphasised India's growth prospects and discussed initiatives to foster collaborations and innovation across diverse sectors," the official account of the MEA said in a post on X. The prime minister had a separate meeting with Krishna P Singh, CEO of Holtec International, which is into nuclear and solar power generation. They discussed Holtec's plan for expanding manufacturing in India and advancing energy cooperation, PMO India said in a post on X. Earlier on Sunday, Modi addressed the <keyword id="20115166" type="General" weightage="20" keywordseo="Indian-diaspora" source="keywords">Indian diaspora</keyword> at the packed Nassau Veterans Coliseum on Long Island in New York. He also held bilateral meetings with world leaders at the sidelines of the UN General Assembly session here. Modi reached New York on Saturday after attending the Quad Leaders' Summit hosted by President Joe Biden in Wilmington, Delaware. <div type="Article" hostid="261" msid="113516805" title="Why is Indian Prime Minister Narendra Modi visiting the US this weekend?" mstype="2" mssubtype="0"></div>

PM Modi invites US CEOs to take a 'byte' out of India's growing technology sector

<ul><li>The iPhone 15 Pro and 15 Pro Max come with <keyword id="3341273" type="General" weightage="100" keywordseo="navic" source="Orion">NavIC</keyword> integration with the new Apple A17 Pro chipset.</li><li>NavIC is a stand-alone <keyword id="557990" type="General" weightage="20" keywordseo="satellite-navigation-system" source="Orion">satellite navigation system</keyword> developed by <keyword id="6358064" type="General" weightage="20" keywordseo="isro" source="Orion">ISRO</keyword>.</li><li>The government is now considering making NavIC mandatory for smartphones and other devices.</li></ul>Navigation with Indian Constellation, also known as NavIC, is a stand-alone satellite navigation system, which is similar to <keyword id="6362652" type="General" weightage="20" keywordseo="gps" source="Orion">GPS</keyword>. The Indian government is now considering making it mandatory for smartphones launched in the country. This comes soon after the recently launched <a href="https://www.businessinsider.in/tech/mobile/news/iphone-15-pro-pro-max-can-record-3d-videos-that-can-be-viewed-on-vision-pro-in-a-magical-way/articleshow/103616220.cms">iPhone 15 Pro and iPhone 15 Pro Max</a> were integrated with NavIC, thanks to the new Apple A17 Pro chipset. This is the first time the iPhone maker has extended support for NavIC to its iPhone models. <cmsannotation type="cmsannotation" annotationid="What is NavIC" comment="subhead" text="What is NavIC">What is NavIC</cmsannotation> NavIC has been developed by the Indian Space Research Organisation (ISRO). It is a constellation of seven satellites and a network of ground stations operating round the clock. Three satellites of the constellation are placed in geostationary orbit and four satellites are placed in inclined geosynchronous orbit. NavIC’s coverage currently includes India and around 1,500 km beyond India’s boundaries. NavIC signals are interoperable with the other global navigation satellite system (GNSS) signals namely GPS, Glonass, Galileo and BeiDou. The Glonass system has been developed by Russia, Galileo by the European Union and BeiDou by China. Calling the inclusion of NavIC on iPhones a significant achievement for the country, the government is considering making it a standard practice that all devices using GPS technology should have NavIC-powered chipsets inside, Minister of State for Electronics and IT, Rajeev Chandrasekhar, said on Thursday. "We're planning to make it a standard practice that all devices using GPS technology should have NAVIC-powered chipsets or NAVIC chips inside. When you look at the IT PLI scheme this time, it includes incentives for system designers and manufacturers who incorporate Indian-designed chips into their products," said Chandrasekhar. Interestingly, smartphones powered by chipsets from Qualcomm and MediaTek have supported NavIC for a long time, going back to 2020. Few devices from Android smartphone makers also support NavIC. India, in its 2021 satellite navigation draft policy highlighted the importance of NavIC and its plans to promote the technology. The government also mentioned that it will work towards “expanding the coverage from regional to global”. <cmsannotation type="cmsannotation" annotationid="Significance of NavIC for India" comment="subhead" text="Significance of NavIC for India">Significance of NavIC for India</cmsannotation> The most important driver behind India developing NavIC was to reduce dependency on GPS and other global navigation systems which are controlled by other countries. For those unaware, the United States which owns and controls GPS prevented India from using the technology during the Kargil war in 1999, making it difficult for India to identify the positions taken by Pakistani troops. In addition to this, NavIC uses dual bands to offer improved accuracy and positioning. As per ISRO, NavIC is expected to offer a positional accuracy of 5 metres, compared to 20 to 30 metres offered by GPS. With inputs from IANS. SEE ALSO: <a href="https://www.businessinsider.in/tech/mobile/news/honor-90-mobile-review-smart-design-and-display-at-a-premium/articleshow/103668340.cms">Honor 90 Review – Smart design with sharp display at a premium</a> <a href="https://www.businessinsider.in/tech/news/one-cable-to-charge-them-all-what-apples-jump-to-usb-c-means-for-customers/articleshow/103629666.cms">One cable to charge them all – What Apple’s jump to USB-C means for customers</a> <a href="https://www.businessinsider.in/tech/mobile/news/iphone-15-pro-pro-max-can-record-3d-videos-that-can-be-viewed-on-vision-pro-in-a-magical-way/articleshow/103616220.cms">iPhone 15 Pro, Pro Max can record 3D videos that can be viewed on Vision Pro in a ‘magical way’</a>

Explained: What is NavIC, developed by ISRO, that the government wants to make mandatory for smartphones

<keyword id="19938772" type="General" weightage="20" keywordseo="Reliance-Industries-Ltd" source="keywords" meta.keywordsubtype="org" meta.entityname="Reliance Industries Ltd" meta.hostid="153" meta.entityid="Reliance Industries Ltd">Reliance Industries Ltd</keyword> has got <keyword id="20556884" type="General" weightage="20" keywordseo="government-approval" source="keywords">government approval</keyword> for making additional investments in developing gas reserves in its <keyword id="21402331" type="General" weightage="20" keywordseo="KG-D6" source="keywords">KG-D6</keyword> block in the <keyword id="19929177" type="General" weightage="20" keywordseo="Bay-of-Bengal" source="keywords">Bay of Bengal</keyword> that can add 4 to 5 million standard cubic meters per day to the production, a company official said. Reliance and its partner bp Plc currently produce around 30 mmscmd or about 30 per cent of India's gas production, from the KG-D6 block. At an investors' call announcing the fourth quarter earnings, Sanjay Roy, senior vice-president for exploration and production at <keyword id="19896380" type="General" weightage="20" keywordseo="Reliance-Industries" source="keywords">Reliance Industries</keyword> Ltd, said the development plan for incremental production has been approved by the government. "One good aspect of this quarter gone by was that we had an incremental development plan approved by the government, which has the potential to deliver incremental production of 4 to 5 million standard cubic meters (per day) in the coming few years, which would augment the production that we have," he said. He, however, did not give details of the investment approved. Reliance-bp produces some 30 mmscmd of gas from three sets of discoveries in the deep-sea KG-DWN-98/3 or KG-D6 block, the last - MJ oil and gas field - being put into production in May 2023. All three sets of discoveries, with MJ being the deepest, were made more than a decade back and have been progressively put into production. Prior to that, they had brought the R-Cluster field to production in December 2020 and the Satellite Cluster in April 2021. KG-D6 has helped domestic production of natural gas, which is used to generate electricity, make fertilizer or turned into CNG for running automobiles or piped to kitchens for cooking, touching a multi-year high of 99 mmscmd. Total gas demand in the country is around 188 mmscmd, with the difference being met through imports. "When we look at the (domestic) production, we can see clearly there's been a sharp increase in production since FY21. And although the overall domestic production, besides KG-D6, has been flat, KG-D6 production is almost 90 per cent of the incremental domestic gas production," Roy said. Reliance is the operator of the KG-D6 block with a 66.67 per cent stake and bp holds the remaining 33.33 per cent. Reliance has so far made 19 gas discoveries in the KG-D6 block. Of these, D-1 and D-3 -- the largest among the lot -- were brought into production in April 2009, and MA, the only oilfield in the block, was put into production in September 2008. While the MA field stopped producing in September 2018, output from D-1 and D-3 ceased in February 2020. Since then, Reliance-bp invested USD 5 billion in bringing to production three deepwater gas projects in block KG-D6 -- R-Cluster, Satellites Cluster, and MJ. The MJ field is located about 2,000 metres directly below the Dhirubhai-1 and 3 (D1 and D3) fields. It is a high-pressure and high-temperature (HPHT), gas and condensate field. Besides gas, it is to produce 25,000 barrels of condensate per day at peak. SEE ALSO:<a href="https://www.businessinsider.in/tech/mobile/news/google-pixel-8a-may-be-more-expensive-than-its-predecessor-as-per-a-new-leak/articleshow/109499394.cms" target="_blank"></a> <a href="https://www.businessinsider.in/tech/mobile/news/google-pixel-8a-may-be-more-expensive-than-its-predecessor-as-per-a-new-leak/articleshow/109499394.cms" target="_blank">Google Pixel 8a may be more expensive than its predecessor, as per a new leak</a><a href="https://www.businessinsider.in/tech/mobile/webstories/best-smartphones-under-25000-in-india/slidelist/109529634.cms" target="_blank"></a> <a href="https://www.businessinsider.in/tech/mobile/webstories/best-smartphones-under-25000-in-india/slidelist/109529634.cms" target="_blank">Best smartphones under ₹25,000 in India</a><a href="https://www.businessinsider.in/sports/webstories/at-17-indian-chess-prodigy-d-gukesh-becomes-youngest-challenger-for-world-championship/slidelist/109492021.cms" target="_blank"></a> <a href="https://www.businessinsider.in/sports/webstories/at-17-indian-chess-prodigy-d-gukesh-becomes-youngest-challenger-for-world-championship/slidelist/109492021.cms" target="_blank">At 17, Indian chess prodigy D Gukesh becomes youngest challenger for World Championship</a>

Reliance Industries wins govt nod for additional investment to raise KG-D6 gas output

<ul><li>The <keyword id="11924074" type="General" weightage="20" keywordseo="shark-tank-india" source="Orion">Shark Tank India</keyword> judge says gatekeepers of the app ecosystem – Apple and <keyword id="19902762" type="General" weightage="20" keywordseo="google" source="keywords">Google</keyword> – are the new East India Company and they operate with complete arrogance and impunity.</li><li>Just as startup founders are coming under pressure, venture capitalists and auditors too need to be held accountable for their behaviour.</li><li><keyword id="20225195" type="General" weightage="20" keywordseo="shark-tank" source="keywords">Shark Tank</keyword> India has become a catalyst for driving entrepreneurship and giving it legitimacy. </li></ul> <keyword id="127971" type="General" weightage="100" keywordseo="anupam-mittal" source="Orion">Anupam Mittal</keyword> is India’s original internet entrepreneur, who is the founder and CEO of People Group. Way before platform economy became a buzzword, Mittal built a platform for Indians seeking life partners. And even today one million Indians find their partners on shaadi.com every year. Call him the OG of startups or a serial entrepreneur, he is a man who does not mince words. In a free wheeling chat with Business Insider’s Malini Bhupta, Mittal talks about unfair trade practices of Google, his investment in Ola’s Bhavish Aggarwal and what he thinks is the biggest achievement of Shark Tank India. Edited Excerpts: With some high profile startups like Paytm and Byju’s coming under lens, what do you think is wrong with the startup ecosystem? I think the Paytm issue is a little different. There are two issues there in my view – one is valuation. The company came out with its IPO at the height of the unicorn boom and as a result, their valuation was corrected when the pvt. market corrected. This is part of the pricing game and one can hardly blame them for it. Eventually, they would have grown into their valuation is what I believe. However, the second issue which is regulatory in nature is far more serious. Whether it is justified or not I don’t know. I think there is a little heavy-handedness here as what you are talking about is a payments bank KYC stuff being the reason to shut them down, which could be seen as over-reach since they are not a significantly important lending institution. Talking about what is wrong with India’s ecosystem and why founders are behaving badly is a common issue that occurs when there are high levels of greed. When there is massive liquidity in the system people think they can take advantage of the situation. In the US you have seen Theranos, crypto frauds and an industry that was created around SPACs. Billions of dollars have been lost on that. What is happening in India is a small reflection of that. Greed manifests in two ways – one is the founders who are ambitious who see the ecosystem celebrating unicorns and that gets weaponised. Over time a few start with minor refractions and very soon they start fabricating revenues and manipulating auditors to keep up with the image that has been created. They are riding tigers they can't get off. The venture capitalists too want to see their investments being marked up as their future fund raises depend on the portfolio's net asset value and so they play along and at times actually drive the founders at a velocity that is unsustainable. I think they need to be held accountable by their LPs. Auditors have a very important role here and are perhaps the ones who need to pay the highest price through government censures. They are market participants who have been entrusted with a certain job for which they get paid hefty fees. When they start looking the other way, the system breaks. You have been waging a pitched battle against the unfair trade practices of Big Tech companies in India. What, in your view, are the steps that need to be taken by the government to prevent such unfair practices by large global players? Fundamentally the experience of the internet is through apps – two companies control the entire app ecosystem Google and Apple. Both operate with complete impunity. Two years ago the CCI passed an order against Google around <keyword id="963171" type="General" weightage="20" keywordseo="google-play" source="Orion">Google Play</keyword> Billing System (GPBS). Now they have changed the name to User Choice Billing. If you look at the order CCI says there will be no discrimination at all. Being on the App Store means nothing unless you advertise on Play Store. Startups spend anywhere between 10-50% of revenue on advertising on these platforms already. Essentially, the app store is worth nothing if you don’t have content. What choice does a company have but to adhere to their unfair practices… Now they say that any transaction that happens on apps downloaded via the store will be subject to 15-30% tax/commissions. What this means is that they want 50% of the revenues of the startups. It is the new East India Company and they operate with complete arrogance and impunity. The problem is in getting these companies to comply. Their strategy is to stretch out the legal process and tire the system. Our government and regulators have the right intent but sometimes democracies are messy. As a government, we have to ensure that nobody becomes the gatekeeper to our economy which is what these companies are trying to do. There should be penal provisions for anybody who abuses the law or twists and turns it while violating the very spirit of it. Non-compliance with judicial orders is contempt of court and so there is an opportunity to send a very strong message. These bullies need one arm chopped off in the form of penalties, a rap on the knuckles will not work as they are too big to care about a couple of hundred million in penalties. What is the biggest achievement of Shark Tank, which has now become a huge hit in India? In life timing is everything. Shark Tank’s first season was in December 2021, which was the peak of the startup hype cycle, and it demystified the whole conversation around startups and funding. Shark Tank has become a catalyst for driving entrepreneurship and giving it legitimacy. India is a land of entrepreneurs with every second person running some small business, many from home. A decade ago, if you told someone you are an entrepreneur, you would be told to come back when you get serious. The show has played an amazing role in celebrating entrepreneurship and the startup ecosystem. A lot of companies have done very well. About 8-10 companies that got funded in Shark Tank are doing very well out of 180 companies that came to the show. This is an early stage game and will play out the same way. When you invest in 100 early stage companies, 4-5 will do very well and help recover the investments and some will become very big. A majority will fail. What I found amazing was that the companies that came to the show were not the elites who came from IIT or IIM. These are small businesses founded by housewives and family members. Entrepreneurship is not the reserve of the few. The next decade will be defined by Indian entrepreneurs globally and so there is no better time to be an entrepreneur than now. Shark Tank has put belief in every Indian that they can do it and that changes the game. Many of the founders that come to Shark Tank can do even better than the founders who have come from an IIT or an IIM. I believe that these people understand commerce and ‘dhandha’. The elitist founders are used to being served everything on a platter. Many professionals who come out of large companies or consulting firms cannot start without large funding. Out of the 100 unicorns we have, many will spectacularly fail in 2024 as they were built on the wrong foundations. These companies were built on a template of Ivy League founders and old school networks and so they got funded. Of the businesses that come to Shark Tank, what sectors can do well and stand a better chance of being funded? Indians now have the same aspirations as people in other parts of the world. Anybody who comes in and can bridge the gap between aspiration and affordability will do well especially in lifestyle. For example - Companies in the clothing and jewellery space will do well if they can deliver high aspiration at a value pricing. Last year a company called Snitch came with a revenue of Rs 60 crore and is now doing Rs 250 crore in sales. A company called Skippy, which makes ice pops was funded on Shark Tank too and has a run rate of Rs 50 crore from a few lakhs before ST. I funded a company called Sharmaji Ka Atta which has a revenue run rate of Rs 20 lakh a month in less than 12 months from less than 1 lakh. Another one called Whatsapp Wellness just got funded by HUL. Fundamentally, companies that can build premium products but don’t break the bank on affordability in categories like fashion, lifestyle and food will do well. People read labels now and the young generation is focused on what they are eating. Beauty and wellness products will do well as a secular trend for most of our history Lakme meant beauty, that’s how unbranded we were. Do you feel Shaadi.com is still relevant after Tinder and other dating apps came about? Let’s understand why Tinder is used, it is for hookups and is struggling to grow its revenue in India. Shaadi.com is not an arranged marriage platform. Shaadi.com is a planned marriage platform. Indian culture has four stages of life and marriage is one of the life stages. When you are planning to marry you look for compatibility and it is not about a chemical reaction. On Shaadi.com the family and parents collaborate to find a partner. The old community networks are now dying and we replace those networks. We are bringing together people in the same life stage to find a like-minded partner. The hook-up sites don’t do that and don't understand the Indian ethos. They are applying the same global model to India which does not work beyond a certain point. You were the original internet entrepreneur with a disruptive product. Why did you not create a large business that went on to become a decacorn or a unicorn? It depends on how you define success. If the definition is labels such as decacorn and unicorn, then that's not the game we are playing. Those are vanity labels that I would rather not pursue. Our definition of success is value creation and we are long-term compounders, much like Berkshire &amp; LVMH, so in a sense our ‘overnight’ success story is still waiting to become obvious to the world. From that lens, our ROCE is perhaps the best in the industry we have only ever raised about $20 mn but created several billion in value between our operated and invested cos. Our investee companies employ thousands, have raised over $20 bn and will go on to create $100 bn in value over time, in the bargain generating tremendous wealth for the country and hopefully for us too. We boast an IRR of 52% consistently for more than a decade which is extraordinary by any standards and a testament to our approach and story. Many people build businesses but we were fortunate to create entire industries such as online matchmaking via Shaadi.com, which we still run; proptech company Makaan.com which we sold to NewsCorp very handsomely; India’s first &amp; still the largest digital ad agency, Interactive Avenues, which we sold to IPG at a benchmark price that is yet to be crossed; India’s first mobile gaming company, Mauj Mobile which spawned a massive industry. So, whether it is our customers, employees, shareholders, the country or society at large, I think we have already impacted 10s of millions and while we don’t have a market listed entity like Jio or TCS to show for it, we have delivered massive national and global level impact. Keep in mind that we are most often the first to check into investee cost and every company we have founded has been the first in its industry. Our innovations have generated billions of dollars in wealth and given rise to innumerable founders and entrepreneurs who have learnt at our companies and gone on to build massive companies of their own. Further, I am still very young and the Indian opportunity is only now unfolding. In the next couple of years, you will see some of our other bets in space exploration, mobility real edtech, &amp; sustainable fintech come into the limelight besides something very special we are building on our own. So, in short, I still remain the OG and if you force me to use your labels we have birthed not one or two but several Unicorns &amp; Decacorns and that too with very limited capital. It is perhaps one of the most spectacular untold stories of value creation in the digital economy. Ola is one company that is headed for an IPO and you own 2% in the company. How did that happen? When we invested in Ola, there was not much of a concept of venture funding and the company did not have any suitors so we were able to get in at a very attractive valuation and hold an extremely healthy minority stake which obviously has been diluted over time. I think the network effects are so large that it is hard for others to get into it. I am still a shareholder and looking forward to the initial public offering. I invested in 2012 and when I met Bhavish first, I did not understand the problem he was solving as I live in Mumbai where cabs are available. So I did not think there was a problem. A few days later when I was in Delhi and needed a cab, I was told that they would call a taxi stand. After I came back from Delhi, I realised there was a problem everywhere. And I used to call the call centre and Bhavish used to answer the call centre, which showed me his commitment and reminded me of myself when I had started and so I invested.

Anupam Mittal hits out at Google — 'Tech bullies need one arm chopped off in the form of penalties'

<ul><li>Popular game <keyword id="11213261" type="General" weightage="20" keywordseo="battlegrounds-mobile" source="Orion">Battlegrounds Mobile</keyword> India (BGMI) is all set to be re-launch in India.</li><li>BGMI was banned in August 2022 by the Indian government. </li><li>BGMI is expected to soon be available on the Google Play Store and the Apple App Store.</li></ul>Nine months after the Indian government banned it, the popular battle royale game Battlegrounds Mobile India (BGMI) is making a comeback. BGMI was<a href="https://www.businessinsider.in/tech/apps/news/battlegrounds-mobile-india-official-download-link-how-to-update-bgmi-rewards/articleshow/84058116.cms"> launched</a> in India after<a href="https://www.businessinsider.in/tech/apps/news/india-bans-pubg-wechat-and-118-other-mobile-applications/articleshow/77890776.cms"> PUBG Mobile</a> was banned along with several Chinese applications due to privacy and security concerns. In August 2022, BGMI met the same fate and was<a href="https://www.businessinsider.in/tech/apps/news/why-is-battlegrounds-mobile-banned-in-india/articleshow/93265968.cms"> banned</a> in the country. While the government did not give a reason for the ban, it was reportedly banned due to security concerns. Krafton, the developer of BGMI, said that the government has lifted the ban on the game and is making a comeback in India. This will make BGMI the first app to return after being banned by the government. “We are highly grateful to the Indian authorities for allowing us to resume operations of BATTLEGROUNDS MOBILE INDIA (BGMI). We would like to extend our gratitude to our Indian gaming community for their support and patience over the past few months,” said Sean Hyunil Sohn, chief executive officer, Krafton India. <cmsannotation type="cmsannotation" annotationid="Government says it’s only a 3-month trial" comment="subhead" text="Government says it’s only a 3-month trial"></cmsannotation> As per Krafton, the game had reached the milestone of 100 million cumulative users a year in India after its launch, when it was banned. BGMI also holds the record of becoming the first e-sports event to be broadcasted on mainstream television and has reached 24 million concurrent viewers and 200 million total viewers. "We would like to express our deep appreciation and gratitude to the authorities for permitting us to restart the operations of BATTLEGROUNDS MOBILE INDIA (BGMI). KRAFTON, Inc. is a responsible South Korean organisation that abides by the law and has put in place several measures to ensure compliance with all applicable regulations,” said Vibhor Kukreti, head, government affairs, Krafton India. SEE ALSO: <a href="https://www.businessinsider.in/tech/news/apple-app-store-prevented-over-2-billion-in-fraudulent-transactions-last-year-banned-282-million-user-accounts/articleshow/100322718.cms">Apple App Store prevented over $2 billion in fraudulent transactions last year, banned 282 million user accounts</a> <a href="https://www.businessinsider.in/business/auto/news/electric-scooters-and-bikes-may-get-costlier-as-government-looks-to-revamp-the-fame-ii-scheme/articleshow/100321089.cms">Electric two wheelers may get costlier as government looks to revamp the FAME-II scheme</a> <a href="https://www.businessinsider.in/tech/apps/news/how-to-silence-fake-calls-from-unknown-numbers-on-whatsapp/articleshow/100186824.cms">How to silence calls from unknown numbers on WhatsApp</a>

Battlegrounds Mobile India is relaunching soon, but government says final call only after a 3-month trial

<ul><li>Gujarat Mahila Housing Sewa Trust and <keyword id="5252225" type="General" weightage="80" keywordseo="villgro-innovation-foundation" source="Orion">Villgro Innovation Foundation</keyword>, are currently leveraging artificial intelligence to address the threats of water scarcity and flooding across the country.</li><li>These non-profit organisations have recently been selected among 13 local sustainability organisations to receive support from the APAC Sustainability Seed Fund.</li></ul>New Delhi, Two Indian organisations, Gujarat Mahila Housing Sewa Trust and Villgro Innovation Foundation, are currently leveraging artificial intelligence (AI), <keyword id="294572" type="General" weightage="80" keywordseo="machine-learning" source="Orion">Machine Learning</keyword> (ML) and Internet of Things (IoT) to address the threats of water scarcity and flooding across the country, <keyword id="6355629" type="General" weightage="80" keywordseo="google" source="Orion">Google</keyword> has said. These non-profit organisations have recently been selected among 13 local sustainability organisations to receive support from the APAC Sustainability Seed Fund to explore new use-cases for AI, ML and IoT models that can help manage water supply and inundation risks across the country. "<keyword id="3658" type="General" weightage="100" keywordseo="india" source="Orion">India</keyword>'s population could be susceptible to severe water-related challenges across its vast geographic landscape and many climatic zones, if global temperatures cross the threshold temperature rise of 1.5 degree Celsius, which the Intergovernmental Panel on Climate Change expects could occur within this decade," said Sanjay Gupta, <keyword id="191922" type="General" weightage="80" keywordseo="country-head" source="Orion">Country Head</keyword> and Vice President, Google India. The tech giant supported the APAC Sustainability Seed Fund, founded by the Asian Venture Philanthropy Network (AVPN), with a $3 million grant by Google.org, Google's philanthropic arm, in partnership with Asian Development Bank. This fund enables local organisations working hard to develop solutions for sustainable practices and combating the effects of climate change across APAC, be it heat waves, rising sea levels or loss of biodiversity. Gujarat Mahila Housing Sewa Trust is focused on empowering and equipping women across India to build sustainable and gender-inclusive cities, providing training and technical expertise in construction, technology, and urban governance. With the grant, the organisation aims to develop an AI-enabled model for building climate resilience in Amalner, Maharashtra to serve as an archetype for a small urban town in India. "The project will pioneer the mapping of land use and catchment areas to predict their susceptibility to floods and inundation, which will contribute to protecting natural drainage systems," said Gupta. The grant is supporting Villgro Innovation Foundation's partnership with 'CultYvate' to develop a mobile and browser-based application, IoT sensors, satellite data, and AI/ML models that will provide farmers in India with real-time insights and advice for irrigation management. SEE ALSO: <a href="https://www.businessinsider.in/tech/news/what-are-vishing-scams-that-start-with-a-namaste-and-end-with-monetary-losses/articleshow/99762900.cms">What are ‘vishing scams’ that start with a Namaste and end with monetary losses</a> <a href="https://www.businessinsider.in/tech/news/sony-wh-ch720n-headphones-review-featherweight-comfort-and-impressive-sound/articleshow/99911412.cms">Sony WH-CH720N headphones review: Featherweight comfort and impressive sound</a>

How 2 Indian organisations are using AI to fight climate change in India

New Delhi, The government on Monday informed Parliament that <keyword id="6355629" type="General" weightage="20" keywordseo="Google" source="Orion">Google</keyword> has suspended or removed over 2,500 fraudulent <keyword id="6095737" type="General" weightage="20" keywordseo="loan-apps" source="Orion">loan apps</keyword> from its Play Store between April 2021 and July 2022. The government is constantly engaged with the Reserve Bank of India (RBI) and other regulators and stakeholders concerned to control fraudulent loan apps, Finance Minister Nirmala Sitharaman said in a written reply to the Lok Sabha. The matter is also regularly discussed and monitored in the meetings of the Financial Stability and Development Council (FSDC), an inter-regulatory forum under the chairpersonship of the Finance Minister. The objective is to remain proactive, maintain cyber security preparedness with constant vigilance, and take appropriate and timely action to mitigate any such vulnerabilities in the Indian financial system, she said. As part of steps taken to control fraudulent loan apps, she said, the RBI has shared a 'whitelist' of legal apps with the government of India, and this list was shared by the Ministry of Electronics and Information Technology (Meity) with Google, whose app store is the primary source of distribution of digital lending apps. Google has updated its policy regarding enforcement of loan lending apps on the Play Store and has also deployed additional policy requirements with strict enforcement actions for lending apps in India, she added. As per their revised policy, only those apps are allowed on the Play Store which are published by Regulated Entities (REs) or those working in partnership with REs. "Between April 2021 and July 2022, Google also reviewed approximately 3,500 to 4,000 loan lending apps and suspended or removed over 2,500 fraudulent loan apps from its Play Store," she said. The Indian Cyber Crime Coordination Centre (I4C), Ministry of Home Affairs (MHA), has been regularly analysing the digital lending apps proactively. Based on its analysis and complaints reported on the National Cyber Crime Reporting Portal, the I4C team analyses apps on various parameters and reports to Meity apps found suspicious for blocking, she said. To spread awareness against cybercrimes and to safeguard interests of citizens, several steps have been taken by the government, the RBI, and banks, she said. The RBI has formulated conducting of electronic-Banking Awareness And Training (e-BAAT) which has largely focussed on awareness about fraud and risk mitigation, while a Nation-wide Intensive Awareness Programme (NIAP) was carried out in collaboration with the REs. In a separate response, Sitharaman said more than 44.46 crore loans amounting to Rs 26.12 lakh crore (as of November 24, 2023) have been sanctioned to the borrowers under the Pradhan Mantri Mudra Yojana (PMMY) since its inception. Under PMMY, collateral-free institutional credit up to Rs 10 lakh is provided by Member Lending Institutions (MLIs), i.e., Scheduled Commercial Banks (SCBs), Regional Rural Banks (RRBs), Non-Banking Financial Companies (NBFCs), and Micro Finance Institutions (MFIs). Any individual who is otherwise eligible to take a loan and has a business plan for a small business enterprise can avail of a loan under the scheme. Loans can be availed for income-generating activities in the manufacturing, trading, and services sectors, and also for activities allied to agriculture, under three categories, -- Shishu (loans up to Rs 50,000), Kishor (loans above Rs 50,000 and up to Rs 5 lakh) and Tarun (loans above Rs 5 lakh and up to Rs 10 lakh).

Google has removed 2,500 fraudulent loan apps from its Play Store, says FM

<ul><li>Google and Facebook won’t be forced to pay for news in India, <keyword id="3602182" type="General" weightage="20" keywordseo="meity" source="Orion">MeitY</keyword> confirmed.</li><li>A minister was replying to a question in the Parliament on the Australian law that forces Google and Facebook to pay for news. </li><li>The Indian minister said there’s no such law planned for now.</li></ul>The Indian government doesn’t have any plans yet of making big tech companies like Google and Facebook pay publishers for news. This question was raised at the ongoing <keyword id="61449" type="General" weightage="20" keywordseo="winter-session" source="Orion">winter session</keyword> in the Lok Sabha to which the Ministry of Electronics and Information Technology (MeitY) answered and confirmed that there are no plans for such a law right now. The question was asked by Shashi Tharoor, a member of parliament, referring to the <a href="https://www.businessinsider.in/tech/news/google-signs-multimillion-dollar-deal-with-major-australian-publisher-as-it-tries-to-signal-cooperation-on-news-payments/articleshow/80926360.cms">law passed in Australia</a> earlier this year that forces digital companies like Google and Facebook to pay media publishers for news, and if any similar law or regulation is being planned for India. Tharoor also asked if the government “has any concerns about the market power and dominance of platforms such as Google and Facebook.” “Personally, there is no proposal for enactment of a law by this Ministry in this regard,” Rajeev Chandrasekhar, minister of state for electronics and information technology (IT) said. “Government is aware of the growing risks of dominance of various big tech platforms on the internet and is deploying tools and capabilities to deal with the same including actively working with social media intermediaries,” the minister added. The Australian government earlier this year, in February, passed a law that forced digital companies like Google and Facebook to pay for any news used on their platforms. The law proposal was earlier met with backlash from both the companies with Facebook even banning access to news in Australia. The law was proposed to address the market dominance of Google and Facebook in Australia. But both companies later struck deals with media firms in Australia to pay for news. SEE ALSO: <a href="https://www.businessinsider.in/tech/enterprise/news/funny-memes-around-twitter-new-ceo-parag-agrawal/articleshow/88001274.cms" data-type="tilCustomLink">Between becoming Twitter’s CEO and gaining 10x more followers overnight, the craze around Parag Agrawal has taken some funny turns</a> <a href="https://www.businessinsider.in/tech/news/whatsapp-pay-looks-to-accelerate-growth-in-india-with-significant-investments-over-next-six-months/articleshow/88003940.cms" data-type="tilCustomLink">WhatsApp Pay looks to accelerate growth in India with significant investments over next six months</a>

Indian government has no plans yet to make Google and Facebook pay for news

The <keyword id="866184" type="General" weightage="20" keywordseo="indian-computer-emergency-response-team" source="Orion">Indian Computer Emergency Response Team</keyword> (CERT-In) has issued a 'high severity' warning for <keyword id="182214" type="General" weightage="80" keywordseo="google-chrome" source="Orion">Google Chrome</keyword> Internet browser users. As per the advisory, several vulnerabilities have been found in the <keyword id="6355629" type="General" weightage="100" keywordseo="google" source="Orion">Google</keyword> <keyword id="30001" type="General" weightage="80" keywordseo="chrome" source="Orion">Chrome</keyword> browser that could be exploited by a remote attacker to execute arbitrary code on the targeted system. Google has already released a fix for these vulnerabilities in its latest software update for Chrome and it is highly advisable that Google Chrome users upgrade to the latest version soon. According to Google, 22 types of security fixes have been given in the latest Chrome browser, which works to increase user privacy. The government advisory as well as Google advised Chrome users to update to the latest version. Google recently updated the Chrome stable channel to 96.0.4664.93 for Windows, Mac and Linux, which is available for all users. In an advisory, CERT-In said, "Multiple vulnerabilities exists in Google chrome due to Type Confusion in V8; Use after free in web apps, UI, window manager, screen capture, file API, auto fill and developer tools; Incorrect security UI in autofill; Heap buffer overflow in extensions, BFCache and ANGLE; Type Confusion in loader; Insufficient data validation in loader; Integer underflow in ANGLE and Insufficient validation of untrusted input in new tab page." One can check for the available update on Chrome and update it by clicking the three vertical dots in the top right of the page. Click the About Chrome option and it will update. The Indian Computer Emergency Response Team is an office within the Ministry of Electronics and Information Technology of the Government of India.

You Searched For "google indian government" and got 11 results

‘Deeply cared about making India better’: Mukesh Ambani, Gautam Adani, Sundar Pichai and others react to Ratan Tata's death

Divyanshi Sharma

Google to expand AI initiatives in India, targeting language barriers, agricultural efficiency

PTI

PM Modi invites US CEOs to take a 'byte' out of India's growing technology sector

PTI

Explained: What is NavIC, developed by ISRO, that the government wants to make mandatory for smartphones

Sourabh Jain

Reliance Industries wins govt nod for additional investment to raise KG-D6 gas output

PTI

Anupam Mittal hits out at Google — 'Tech bullies need one arm chopped off in the form of penalties'

Malini Bhupta

Battlegrounds Mobile India is relaunching soon, but government says final call only after a 3-month trial

Sourabh Jain

How 2 Indian organisations are using AI to fight climate change in India

IANS

Google has removed 2,500 fraudulent loan apps from its Play Store, says FM

PTI

Indian government has no plans yet to make Google and Facebook pay for news

Marcia Sekhose

Indian government issues 'urgent' warning for Google Chrome users, install the latest update now

IANS

Popular Keywords

Buying Guides