New Delhi, March 3 (IANS) As embattled edtech firm Byju’s finds itself mired in several controversies, one learning that startups can take from this episode is to ensure “financial discipline”, Simplilearn Co-founder and COO Kashyap Dalal said on Sunday. Facing an uphill battle with the investors, Byju’s is yet to process the salaries of its more than 20,000 employees for the month of February. The amount raised through the rights issue is currently locked in a separate account “at the behest” of some key investors, its founder and CEO Byju Raveendran has told employees. Dalal told IANS that the entire…
Author: admin_fijitimes
New Delhi: In the background of India’s clear stand on the Hamas-Israel conflict denouncing the “terror” attack of Hamas on Israel on October 7 last year and endorsing the support of the US for the initial Israeli response to the same, and the country’s independent line on the much older Ukraine-Russia military confrontation which led India to even abstain from voting on the anti-Soviet resolution moved early on by the US in the UNGA, it was no surprise that at the Munich Security Conference held from February 16 to 18, External Affairs Minister (EAM) S. Jaishankar faced some searching questions…
New Delhi, Feb 28 (IANS) Fitness-tech startup Fittr on Wednesday announced the launch of its FITTR HART smart ring that is designed to improve health and performance monitoring. Priced at Rs 18,999, the smart ring offers comprehensive health tracking with monitoring of sleep duration and quality, physical performance metrics, and real-time measuring of heart rate variability (HRV), the company said. The smart ring goes beyond conventional tracking by also measuring skin temperature, a critical indicator of overall wellness and physiological changes. This can aid in the early detection of health imbalances. It also helps set personalised activity goals based on…
Mumbai, Feb 25 (IANS) Geeta Batra, an Indian economist, has been named as the new Director at the Independent Evaluation Office of the World Bank’s Global Environment Facility (GEF), making her the first-ever woman from a developing country to hold the coveted post. Batra, 57, is currently the Chief Evaluator & Deputy Director for Evaluation at the GEF’s Independent Evaluation Office (IEO), affiliated to the World Bank. Her name was unanimously recommended for the coveted position at the 66th GEF Council Meeting held in Washington on February 9 and was announced last week. “My top priorities will be to deliver…
Mumbai, Feb 27 (IANS) The late ghazal singer, Pankaj Udhas, who passed away after his battle with cancer, was given a state funeral in Mumbai on Tuesday. The band and troops gave him a hero’s farewell. His mortal remains were wrapped in tricolour at his residence, 6A, Hill Side in Mumbai. The visuals show the band and troops giving a farewell to the ghazal legend. His mortal remains were brought to his residence by an ambulance from the Breach Candy hospital. The videos showed a portrait of Pankaj Udhas kept in the garden area of his house. His family members,…
New Delhi, Feb 28 (IANS) X owner Elon Musk on Wednesday continued his tirade against Google, saying its artificial intelligence (AI) model Gemini is super racist and even “sexist”. The billionaire responded to a follower who said that Google Gemini replied to his prompt that “white people should absolutely acknowledge their white privilege”. “Google Gemini is super racist and sexist,” said the Tesla and SpaceX CEO. Another follower commented to Musk’s post that “Gemini holds Asians to similar standards as Whites when it comes to privilege”. “This just shows more and more how Gemini is programmed with the exact same…
Chennai, Feb 28 (IANS) India’s Gross Domestic Product (GDP) should grow in the region of 6.7-6.9 per cent during the third quarter (Q3) of FY24, said a top economist with the State Bank of India (SBI). In his latest report Dr. Soumya Kanti Ghosh, Group Chief Economic Advisor said, “Factoring the slight decline in economic activity in Q3 FY24, we estimate that the GDP should grow in the range of 6.7-6.9 per cent with a gross value added (GVA) growth of 6.6 per cent.” The SBI Composite Leading Indicator (CLI) Index (a basket of 41 leading indicators which includes parameters…
New Delhi: Prime Minister Narendra Modi’s regime is noteworthy for giving full attention to both security and economic development and in particular for building the defence capacity of India to deal with the adversary on land and sea, ensuring at the same time that the air power is blended suitably on these two fronts – apart from the independent capability that the Air Force had of delivering blows to the enemy behind the battle lines. The military build-up on the LAC is strengthened by our troops being prepared to engage the adversary also in a mountain warfare with suitable air…
New Delhi, Feb 23 (IANS) Samsung on Friday launched its new fitness tracker — Galaxy Fit3, in India, which comes with advanced health-monitoring technology. Priced at Rs 4,999, the Galaxy Fit3 comes available in three colours — Grey, Silver, and Pink Gold, to purchase on the company’s official website as well as in leading online and offline retail stores. “As our newest fitness tracker, the Galaxy Fit3 underscores our commitment to providing accessible resources that encourage everyday wellness and inspire everyone to work on their best self,” Aditya Babbar, Senior Director, MX Business, Samsung India, said in a statement. The…
New Delhi, Feb 23 (IANS) There has been a strong impetus for high-tech electronic manufacturing in India and the country will power tech giant Apple’s growth over the next decade, industry analysts said on Friday. Apple’s revenue in India rose nearly 42 per cent (on-year) last year to $8.7 billion, according to foreign brokerage Morgan Stanley. The iPhone shipments grew about 39 per cent to 9.2 million units last year. Prabhu Ram, Head, Industry Intelligence Group at market intelligence firm CMR, told IANS that the country is adding more upstream capabilities to the electronics ecosystem. “Apple has been a prime…