Come January, tourists in Manali will be able to get adrenaline rush riding a giant swing backed by Artificial Intelligence (AI), which has been built by a start up incubated at Indian Institute of Technology (<keyword id="6354859" type="General" weightage="20" keywordseo="IIT" source="Orion">IIT</keyword>), Mandi and is claimed to be the first-of-its kind in the world. Founded by four childhood adventure enthusiast friends who are engineers and certified rock climbers and mountaineers, the start up called 'ManaliSwing', has completed its human jump trials and is in process of filing five patents for the concept and design. The team claims it has already been approached by Dubai government to launch the swing in the country and is in conversation with interested agencies in Switzerland too. "We will offer one of the world's most creative and safe giant swing like bungy jumping but instead of going down on rubber bungy cord, here one freefall followed by giant swing on dual dynamic ropes with over 100 possible jump styles allowing one to experience the adrenaline of 70m free fall with AI promising impeccable safety like never before," Utsav Soni, one of the founders, told PTI. "The plan is to launch in Manali on new year. The tourists will have to pay Rs 3,000 for each jump. The cost will include transportation from a certain point and professional photography and videography service," he added. The start up conducted a full-scale trial of 1,000 dummy jumps followed by successful Human Jumps under the special presence of IRATA experts at IIT Hyderabad. "The AI will also help track participants and jump master’s performance across millions of data points and deliver optimized approvals for jumping. Having a really intelligent AI will be an edge for a Jump Master and his team making sure no injury, incident, or causality can happen on the site. For example, AI will not approve the jump if there is anything wrong with the followed jump protocol or international standards. "This will be one of the best intersections of technology, innovation and adventure sport of this decade which has potential to disrupt the whole adventure tourism industry. The good part is that we don’t need to have some special hi-tech cameras and expensive setups to do this. This can be franchised anywhere in the world with an existing standard hi-res CCTV security camera feed,” he added. The team has plans to launch the second similar swing in Goa and then take the technology to other countries. "India, despite been world’s youngest country with 50 per cent population below 25, stands at 96th position in global Adventure Tourism Competitive Index (ATDI) 2020. That too is consistently decreasing since last 4 years. India ranks much lower than its neighbours, Bhutan (14th), and Nepal (67th). Especially, when there is a 178 per cent increase in demand of adventure activity in last 3 years. "Somewhere, India has failed to cultivate the culture of innovation in extreme adventure tourism. It’s Incredible India but not innovative India in terms of adventure tourism compared to its global potential. We already have been approached by Dubai government and talks are on at Switzerland too but plan is to launch in India first," Soni said. The project which was conceptualised five years back was commercially registered last year as a start up. "We approached IIT Mandi with the idea and three months later we were an incorporated company with firs working prototype," he added. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/tech/news/apple-watch-detects-pregnancy-before-clinical-test-report/articleshow/94738384.cms">Apple Watch detects pregnancy before clinical test: Report</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/tech/mobile/news/google-pixel-7-and-pixel-7-pro-with-tensor-g2-chipset-launched-in-india-starting-at-59999/articleshow/94696867.cms">Google Pixel 7 and Pixel 7 Pro with Tensor G2 chipset launched in India starting at ₹59,999</a>

This giant swing in Manali runs on AI

New Delhi [India], August 1 (ANI): Prime Minister Narendra Modi is closely monitoring the situation in Mandi, <keyword id="19905191" type="General" weightage="20" keywordseo="Himachal-Pradesh" source="keywords">Himachal Pradesh</keyword> in the wake of <keyword id="19922385" type="General" weightage="20" keywordseo="heavy-rains" source="keywords">heavy rains</keyword> and cloudbursts in the state, sources said on Thursday. He has asked top officials to ensure all possible assistance is provided to the affected. <keyword id="22080122" type="General" weightage="20" keywordseo="relief-operations" source="keywords">Relief operations</keyword> are underway in full swing, sources added. Meanwhile, Leader of Opposition and Congress leader Rahul Gandhi spoke to Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu to assess the situation following a <keyword id="22151495" type="General" weightage="20" keywordseo="cloudburst" source="keywords">cloudburst</keyword> that caused significant disruption in <keyword id="19914403" type="General" weightage="20" keywordseo="Shimla" source="keywords">Shimla</keyword>, Mandi and Kullu districts and said that the incidents of cloudburst are "extremely sad." In a post on X, Rahul Gandhi expressed his condolences to all the bereaved families. "The news of the death and disappearance of many people due to cloudburst and heavy rains in Shimla, Mandi and Kullu is extremely sad. I express my deepest condolences to all the bereaved families in this difficult time," Rahul Gandhi posted on X. He further said that <keyword id="19988414" type="General" weightage="20" keywordseo="NDRF" source="keywords" meta.keywordsubtype="org" meta.entityname="NDRF" meta.hostid="153" meta.entityid="NDRF">NDRF</keyword>, SDRF and the state administration are continuously involved with commitment to relief and rescue operations. "I have spoken to Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu ji and reviewed this difficult situation. He said that he himself is visiting these incident sites and meanwhile, NDRF, SDRF and the state administration are continuously involved with commitment to relief and rescue operations in this hour of crisis. I am hoping that all the missing people are found as soon as possible," he added. Meanwhile, the Himachal Pradesh Chief Minister said that around 50 people are missing, 2 bodies have been recovered. "Cloudburst occurred in Mandi, Shimla and Kullu districts today. Around 50 people are missing, 2 bodies have been recovered. NDRF, SDRF, DCs and officials are present at the spot. We have instructed the officials to make all arrangements. We have also sought help from the army. I appeal to people not to go near canals and rivers. The Air Force has been asked to be ready," CM Sukhu said. He further said that he would also go to the spot as soon as the weather cleared, adding that Union Home Minister Amit Shah has assured all possible help. "The Union Home Minister has assured all possible help and said that 2 additional NDRF teams are being sent. BJP chief Nadda also called twice and said that Prime Minister Modi is also worried," he added. CM Sukhu further asserted that he has also spoken to Congress chief Mallikarjun Kharge and LoP Rahul Gandhi. "I have also spoken to Congress chief Mallikarjun Kharge and LoP Rahul Gandhi. I have said that the situation is under control, but roads and infrastructure have been damaged. Manali has lost connectivity," he said. Notably, the water level in the Beas River has increased due to heavy rains in the region. Mandi police, in a press release, stated that during the heavy rainfall last night, a cloudburst was reported in Village Rajban near Terang, under the jurisdiction of Police Post Tikkan in Police Sub Division Padhar. Due to the cloudburst, two houses were completely washed away and one was partially damaged. According to a release from the district administration in Mandi, due to the heavy rains, the water levels of the Beas River have increased. This has caused silting and due to this, the gates of the Pandoh Dam have been opened. Water and silt from the Pandhod dam will be released as well. The administration appealed to residents to not venture near the river.

PM Modi monitoring situation in Himachal Pradesh in wake of heavy rains, cloudbursts

The Delhi government has set up 1,000 charging points in less than a year for electric vehicles under the <keyword id="879698" type="General" weightage="20" keywordseo="single-window-facility" source="Orion">single window facility</keyword>, said an official statement on Sunday. The government is planning to set up 18,000 such points in the next three years. In November 2021, it had set in place a single window facility for installation of EV chargers in private and semi-public spaces in Delhi, which includes residential spaces like apartments and group housing societies, institutional buildings like hospitals, and commercial spaces like kirana stores, shops and malls. Through the facility, any resident of Delhi can request installation of a charger from empanelled vendors in their premises, either through the online portal of DISCOM or by making a phone call. Delhi has three electricity providers namely BSES Rajdhani Power Limited (BRPL), BSES Yamuna Power Limited (BYPL) and Tata Power Delhi Distribution Limited (TPDDL). The Delhi EV policy provides for a subsidy of Rs 6,000 per charging point for the first 30,000 slow charging points. The net cost paid by the user after deducting Rs 6,000 includes EV charger, installation and maintenance costs for 3 years. The net cost of these EV chargers, after subsidy, is as low as Rs 2,500. The government has completed the installation of 1,000 Electric Vehicles (EV) charging points under the facility, in less than a year. This includes 682 charging points installed at 315 locations by BRPL, 150 charging points installed at 70 locations by BYPL and 168 charging points installed at 50 locations by TPDDL. Nearly 59 per cent of these chargers have been installed by the Residents Welfare Associations (RWAs), 15 per cent EV chargers setup in office premises and 13 per cent in e-rickshaw parking. Delhi Government will spend Rs 60 lakh as subsidy on these 1,000 charging points. Under the single window process, Delhi Government, via the DISCOMS, has empanelled nearly 10 vendors for helping the citizens to choose from various EV chargers. Transport Minister Kailash Gahlot said the government aims to bolster the EV charging infrastructure across the city by providing a network of private and public charging facilities within three kilometre from anywhere in Delhi. "It is just the beginning as Delhi plans to install 18,000 charging points in the next three years making it easier for the citizens of Delhi to opt for an Electric vehicle instead of an ICE vehicle. By the end of 2024, Delhi is determined to have one out of every four new vehicles purchased to be an Electric vehicle," he added. The Delhi EV Policy was launched in August 2020 with the aim of establishing Delhi as the EV capital of India and accelerating the pace of EV adoption across vehicle segments especially in the mass category of two wheelers, public and shared transport vehicles and goods carriers. Under the Delhi EV policy 2020, more than 72,000 Electric vehicles have been sold till now with more than 41,000 EVs being sold this year, the statement added SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/india/news/stop-auto-services-karnataka-govt-warns-cab-aggregators/articleshow/94741744.cms" style="">Stop auto services, Karnataka govt warns cab aggregators</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/tech/news/this-giant-swing-in-manali-runs-on-ai/articleshow/94741834.cms" style="">This giant swing in Manali runs on AI</a>

1,000 EV charging stations to be set up in Delhi in a year: govt

<ul><li><keyword id="111343" type="General" weightage="20" keywordseo="Gautam-Adani" source="Orion">Gautam Adani</keyword> is ranked 4th in the world with a total net worth of $125 billion.</li><li>Adani is followed by Mukesh Ambani at number 10 with a net worth of $83.6 billion.</li><li>The next rank from India is number 45 for <keyword id="6419840" type="General" weightage="20" keywordseo="Azim-Premji" source="Orion">Azim Premji</keyword> of Wipro with a net worth of $ 24.6 billion.</li></ul> The double As - Gautam Adani and Mukesh Ambani - dominate the India rich list with the gap between them the rest of India Inc being a very large one. There was a time when <keyword id="232460" type="General" weightage="20" keywordseo="Tata-and-Birla" source="Orion">Tata and Birla</keyword> were synonyms for India's rich. Every region had its own wealthy like the Shrirams, Thapars, Nandas, and Modis in the north or the Bangurs in the east or the Mafatlals, Walchands, Kirloskars, Khataus, Sarabhais and Lalbhais in the west and the M.A. Chidambaram group in the south. Over time, many groups have floundered and fallen on bad times. There are many defining moments in this journey which saw a debilitating impact on family industrial groups. The year 1964 was a turning point because this was when the Monopolies and Restrictive Trade Practices Commission was established. By that year, the MRTP Commission had finished collecting and sifting information on Indian big business and hence reliable data was available. The next interesting inflection point came in 1991, when the P.V. Narasimha Rao administration introduced the New Economic Policy. This is where it all changed - India's most radical policy document in the form of the New Industrial Policy - the Licence Permit Raj was scrapped on 24 July 1991. Democratic socialism had been consigned to the rubbish heap of history - Licence Raj, which was in place for four decades, came to an end with the new industrial policy announced by Finance Minister Manmohan Singh and Prime Minister P.V. Narsimha Rao, who also held the portfolio of Industries Minister. The New Industrial Policy proposed getting rid of Monopolies and Restrictive Trade Practices and abolishing industrial licensing for all but 18 industries. Foreign equity holdings were proposed to be raised by 51 per cent in a project. Indian industry was free of controls and bureaucracy like never before. Over the last 30 years, India Inc had been turned on its head. As per the Bloomberg Billionaires Index now, Gautam Adani is ranked 4th in the world with a total net worth of $125 billion. Adani is followed by Mukesh Ambani at number 10 with a net worth of $83.6 billion. However, after Adani and Ambani the gap widens by a large extent and is then taken up by the software czars. The next rank from India is number 45 for Azim Premji of Wipro with a net worth of $ 24.6 billion. Shiv Nadar of HCL Technologies is at number 51 on the index with a net worth of $22.8 billion. The representation from India is then only at number 101 with Dilip Shanghvi with a net worth of $14.9 billion followed by Cyrus Poonawalla at 102 with $14.8 billion. Lakhsmi Mittal is at 103 with a net worth of $14.7 billion. Uday Kotak is ranked 106 with a net worth of $13.7 billion. Savitri Jindal is ranked at 119 on the Bloomberg Billionaires Index with a net worth of $12.9 billion. Sunil Mittal is ranked at 134 with a net worth of $12.2 billion. Kumar Birla is at 159 with a net worth of $10.8 billion. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/india/news/over-2-49-crore-unaccounted-cash-seized-in-hyderabad/articleshow/94750636.cms">Over ₹2.49 crore unaccounted cash seized in Hyderabad</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/telecom/news/telecom-sector-to-ring-in-stability-in-q2-jio-and-airtel-expected-to-grow-stronger-vi-weaker/articleshow/94709309.cms">Telecom sector to ring in stability in Q2 – Jio and Airtel expected to grow stronger, Vi weaker</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/tech/news/this-giant-swing-in-manali-runs-on-ai/articleshow/94741834.cms">This giant swing in Manali runs on AI</a>

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This giant swing in Manali runs on AI

PTI

PM Modi monitoring situation in Himachal Pradesh in wake of heavy rains, cloudbursts

ANI

1,000 EV charging stations to be set up in Delhi in a year: govt

PTI

Gautam Adani and Mukesh Ambani - dominate the India rich list with the gap between them the rest of India Inc being a very large one

IANS