New Delhi: Home-grown tractor major Sonalika has reported 22.49% increase in its total tractor sales at 11,821 units in February 2021. The company had sold 9,650 units in the same month last year, Sonalika said in a release. During the April-December period the company reported its highest-ever sale of 106,432 tractors, translating into 35.5% increase from the year-ago period. "With this, Sonalika has achieved a significant landmark of the fastest ever 1 lakh domestic tractor sales by any tractor brand in the Indian market since its inception," claims the company. Raman Mittal, executive director, Sonalika Group, said, "The sublime performance that Sonalika has posted month after month throughout FY21 is an outcome of our strategic decision to periodically launch customised tractors that are equipped with advanced yet affordable technologies.” According to Mittal the Indian farmers are eager to adopt smart techniques while addressing their varied farm requirements for ... » Learn More about Sonalika tractor sales rise 22.5% at 11,821 units in Feb
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Opinion: ‘Atmanirbhar’ alternatives to electric mobility!
By Avik Chattopadhyay The spark On February 1, 2021, after the budget presentation, on being asked by a television reporter why there was no mention of electric mobility , Nitin Gadkari, the Union Road Transport and Highways Minister, made an interesting remark. “The country needs to explore more self-sufficient and self-reliant methods of powering mobility to reduce our dependence on imports!” This was significant and one needs to read between the lines; especially if one couples the National Hydrogen Mission [NHM] that was announced by the Finance Minister. On February 8, the Ministry of New & Renewable Energy told the media that the draft of NHM will be ready in two months. Link this with the fact that Delhi inducted Hydrogen-CNG buses in its fleet in October 2020. Fast forward a few weeks, and on February 23, the Indian Auto LPG Coalition [the industry body of auto LPG stakeholders] impressed upon the government to promote a few alternative clean energy ... » Learn More about Opinion: ‘Atmanirbhar’ alternatives to electric mobility!
New tool spots to identify security and privacy issues with COVID-19 tracing apps
A team of researchers has developed a tool to identify security and privacy risks associated with Covid-19 contact tracing apps . "COVIDGuardian", the first automated security and privacy assessment tool, tests contact tracing apps for potential threats such as malware, embedded trackers and private information leakage. Using the "COVIDGuardian" tool, cybersecurity experts from Queen Mary University of London assessed 40 Covid-19 contact tracing apps that have been employed worldwide for potential privacy and security threats. They found that 72.5 per cent of the apps use at least one insecure cryptographic algorithm. "Three quarters of apps contained at least one tracker that reports information to third parties such as Facebook Analytics or Google Firebase. While most apps were free of malware, the Kyrgyzstan app 'Stop Covid-19 KG' was discovered to have malware," the researchers said in a paper scheduled to be presented at the virtual International Conference ... » Learn More about New tool spots to identify security and privacy issues with COVID-19 tracing apps
Planning to invest directly in equities? Read this!
Sanjay Kumar Singh suggests key factors investors need to keep an eye on while choosing the direct investment route. Illustration: Dominic Xavier/ Rediff.com Retail participation in direct equities rose at a rapid pace last year. This is evident from the rise in the number of new demat accounts that were opened -- a record 6.8 million between April and October 2020. Non-institutional participation in the cash segment of the market, which serves as a proxy for retail participation, also went up between March and November 2020, from an average of around Rs 22,500 crore (Rs 225 billion) to Rs 35,000 crore (Rs 350 billion). Those choosing the direct investment route, however, need to bear in mind that beating professional fund managers or even the leading benchmark indices over the long term, is not an easy feat to pull off. Key factors investors need to keep an eye on Earnings revival: After a gap of many years, corporate earnings estimates for the next ... » Learn More about Planning to invest directly in equities? Read this!
UN chief asks for generous donations for Yemen humanitarian operations
Video Player Close UNITED NATIONS, March 1 (Xinhua) -- UN Secretary-General Antonio Guterres on Monday asked for generous donations for humanitarian operations in war-torn Yemen. Some 3.85 billion U.S. dollars is needed for 2021 to support 16 million Yemenis who are on the brink of catastrophe, he told a high-level pledging event for Yemen. "This is not the moment to step back from Yemen. ... I implore all donors to fund our appeal generously to stop famine engulfing the country. Every dollar counts." Donations will make an enormous and concrete difference. In many cases, the difference between life and death, he said. "The assistance you pledge today will not only prevent the spread of famine and save lives. It will help create the conditions for lasting peace." The United Nations and its partners across Yemen are ready to scale up aid operations. Delivering aid in Yemen is challenging. But humanitarian workers are up to the challenge, said Guterres. Throughout 2020, ... » Learn More about UN chief asks for generous donations for Yemen humanitarian operations
Chhattisgarh Budget: Bhupesh Baghel presents state budget of Rs 97,106 cr for FY 2021-22
For Quick Alerts Subscribe Now COVID-19 vaccination: No glitch in CoWIN from the start, says RS Sharma View Sample For Quick Alerts ALLOW NOTIFICATIONS For Daily Alerts #Chhattisgarh 16 naxalites surrender in Chhattisgarh #Chhattisgarh Bird flu confirmed in few more places in Maharashtra, Gujarat and Chhattisgarh #Chhattisgarh CoBRA officer killed, 10 commandos injured in IED blast triggered by Naxals in Chhattisgarh #Chhattisgarh Maoists’ explosive dump recovered in Chhattisgarh #Chhattisgarh Killing of Chhattisgarh MLA in 2019 was part of naxalites’ Tactical Counter Offensive Campaign #Chhattisgarh Cops up ante as big movement of naxals seen from Chhattisgarh to Telangana Just In 29 min ago 1.28 lakh people over 60 years get 1st dose of COVID vaccine 35 min ago China refutes reports on attacks against India's power grid 52 min ago ... » Learn More about Chhattisgarh Budget: Bhupesh Baghel presents state budget of Rs 97,106 cr for FY 2021-22
From U.S. domination to energy transition, two years that changed oil
NEW YORK, - Former U.S. Secretary of State Mike Pompeo took the stage at the world's largest energy conference in 2019 to declare an age of U.S. dominance after a decade of rapid shale development made the United States the world's top oil and gas producer. Two years later, the oil industry is recovering from the worst recession it has ever experienced after measures to contain coronavirus stopped billions of people from traveling and wiped out one-fifth of worldwide demand for fuel. The U.S. fossil fuel industry is still reeling after tens of thousands of jobs were lost. The pandemic has also accelerated the energy transition , interrupting a steady rise in fuel consumption that may have otherwise continued for several more years unabated. Oil demand may never recover from that hit. This year, the CERAWeek conference in Houston is entirely virtual and numerous panels are dedicated to the transition to the low-carbon economy of the future, hydrogen technologies and climate ... » Learn More about From U.S. domination to energy transition, two years that changed oil
Cybersecurity firm Axonius raises $100 million at $1.2 billion valuation
By Krystal Hu and Anirban Sen Cybersecurity startup Axonius has raised $100 million in a private funding round led by New York-based growth equity firm Stripes at a valuation of $1.2 billion, the company said on Sunday. The latest funding came less than a year after Axonius' last raise and brought Axonius' total funding to $195 million, signaling strong investor appetite in cybersecurity firms that have seen strong demand during the global pandemic. The company plans to announce the raise on Monday. New York-based Axonius develops an end-to-end device management platform to help its enterprise customers track computers and systems that connect to their networks. The four-year-old firm saw explosive growth last year as companies around the world increased cybersecurity spending in an adaption to a remote working environment during the COVID-19 outbreak. Axoniius said it booked more than $10 million in annual recurring revenue last year, triple its 2019 revenue, ... » Learn More about Cybersecurity firm Axonius raises $100 million at $1.2 billion valuation
Reliance Industries acquires majority equity stake in skyTran Inc
Mumbai : Reliance Strategic Business Ventures Limited (RSBVL) announced that it has acquired an additional equity stake in its investee company skyTran for a consideration of USD 26.76 million increasing its shareholding to 54.46 per cent on a fully diluted basis. skyTran is a technology company incorporated under the laws of Delaware, United States of America (USA) in 2011. skyTran has developed breakthrough passive magnetic levitation and propulsion technology for implementing personal transportation systems aimed at solving the problem of traffic congestion globally. RSBVL, a wholly-owned subsidiary of Reliance Industries Limited , in a statement said that the technology has been developed by skyTran to create smart mobility solutions. The firm said that the proposed skyTran transportation systems would consist of computer-controlled passenger pods running on its state-of-the-art, patented passive magnetic levitation technology and would use cutting edge IT, telecom, ... » Learn More about Reliance Industries acquires majority equity stake in skyTran Inc
Tracking Australia’s COVID vaccine rollout numbers
Email Digital Story Innovation Team By Inga Ting, Katia Shatoba and Alex Palmer Posted March 02, 2021 06:03:08 Map: Australia The single biggest and most complex vaccine campaign in the nation's history has begun. On February 22, Australia officially joined the global race to inoculate millions of people against COVID-19. Quarantine and border workers, frontline healthcare workers, and aged and disability care residents and staff are among the first in line. The data on this page tracks how each of the states and territories is progressing in this mammoth task, as well as how Australia compares to the rest of the world. Figures for Australia are sourced from federal, state and territory health authorities, while international numbers are from the Our World in Data project at the University of Oxford. Both sets of numbers are updated regularly. The government has fallen drastically short of its target for the end of February, delivering just ... » Learn More about Tracking Australia’s COVID vaccine rollout numbers