GST council expected to finalise laws at the Udaipur meeting today

GST council expected to finalise laws at the Udaipur meeting today

New Delhi [India], Feb. 18 : The 10th council meeting of the Goods and Services Tax (GST) to vet the draft supporting legislations crucial for its implementation has begun at Udaipur here today.

The meeting is being chaired by the GST council who aim to get clearance on a number of issues, including the formation of a GST Appellate Tribunal, which will discuss matters related to GST implementation and suggestions.

Basmati rice exports delayed due to resumption of imports by Iran, says ICRA

Basmati rice exports delayed due to resumption of imports by Iran, says ICRA

New Delhi [India], Feb. 18 : Delay in resumption of imports by Iran is likely to hinder the recovery in Indian Basmati rice exports, says credit rating agency, ICRA, in its latest update note on Indian Basmati rice industry.

ICRA has estimated this as a temporary delay, considering Iran's insufficient domestic rice production and depleting inventory levels to meet its demand.

In ICRA's view, the price cap of USD 850 per metric tonne (MT) could pose further hurdles for the Basmati rice industry; given that during the current procurement season average Basmati paddy prices have been higher by 20-25 percent. Thus an inflow of orders from Iran, even after the import ban is lifted, remains to be seen.

Egg-free surrogate chickens can save rare poultry breeds

Egg-free surrogate chickens can save rare poultry breeds

Washington D.C. [USA], Feb. 18 : To boost breeding of endangered poultry breeds, Briton researchers have come up with gene-editing techniques for the rare breeds to use them as surrogates that cannot produce their own chicks.

The advance -- using gene-editing techniques -- could help to boost breeding of endangered birds, as well as improving production of commercial hens, researchers say.

The appeared in the journal Development.

Researchers explained that donor primordial germ cells from other breeds could be implanted into the gene-edited chickens as they are developing inside an egg. The surrogate hens would then grow up to produce eggs containing all of the genetic information from the donor breeds.

eGovernments Foundation signs MoU with Kozhikode Municipal Corporation

eGovernments Foundation signs MoU with Kozhikode Municipal Corporation

New Delhi [India], Feb. 17 : Bengaluru based eGovernments Foundation has signed an agreement with Kozhikode Municipal Corporation to develop building plan automation software.

Kozhikode Municipal Corporation Secretary Mrunmai Joshi, eGovernments Foundation CEO Viraj Tyagi and Malabar Chamber of Commerce President P.V. Nidheesh were present and signed the agreement to develop the software for the city. The system will be functional in three months post software installation in the corporation office and training of the staff.

"The Building Plan module will greatly help in improving processing time, transparency and end to end tracking of building plan applications - ultimately improving the ease of doing business," said eGovernments Foundation CEO, Viraj Tyagi.

Oracle's cloud-based service sees high demand in India

New Delhi [India], Feb. 17 : Oracle India on Thursday announced that Oracle Management Cloud service has provided Indian companies with smarter insights and swifter action, thereby eliminating slow transactions.

Safexpress, National Stock Exchange of India, Karur Vysya Bank and HCL Technologies are among the many companies around the world that have selected Oracle Management Cloud to transform the way they manage their operations.

Companies, globally, are experiencing dramatic changes in the nature of development and IT management. Applications are evolving more rapidly; architectures are loosely coupled; consumers have lower tolerance for bad performance and have direct access via social media to voice their frustrations.

NASA needs your help in finding new ninth planet

NASA needs your help in finding new ninth planet

New York [USA], Feb. 17 : NASA has called on the world to help it in the search for the new ninth planet, as anyone from a kindergartener to a 95-year-old, can participate in their new project to find the not-yet-discovered celestial body.

To let anyone participate in this search project of ninth planet, the Zooniverse space projects site has launched a NASA-funded venture, Backyard Worlds: Planet 9, reports CNN.

"There are really low barriers to entry," Dr. Laura Trouille of Zooniverse.

NASA has compiled a "flipbook" of short animations that shows sky scans taken over several years and so far, 4,201 people have joined the mission.

The participants can search for disruptions in the images -- basically, clusters of tiny coloured dots -- and mark their findings.

Truebil raises USD 3 million in Series A funding from Shunwei Capital

Truebil raises USD 3 million in Series A funding from Shunwei Capital

New Delhi [India], Feb 16 : India's only curated, authentic and verified marketplace for pre-owned cars Truebil has successfully concluded its follow-on Series A funding round. The marketplace has secured an investment of USD three million from China's leading Venture Capital Fund Shunwei Capital.

Shunwei Capital was founded in 2011 by Jun Lei and Tuck Lye KOH and manages over two billion in US dollars across five funds. Shunwei's key focus is on mobile internet and IoT. Specifically, opportunities where internet and technology fundamentally disrupt how businesses and services are conducted in traditional industry verticals. Shunwei primarily invest in early and growth stage startups.

Retail inflation in Delhi, J&K more than double national average, demonetization possible reason: ASSOCHAM

Retail inflation in Delhi, J&K more than double national average, demonetiza

New Delhi [India], Feb 16 : The retail inflation may have been hovering at quite a reasonable level of 3.17 per cent for January, 2017 on an all-India basis, but there is no respite for people right in Delhi along with a couple of other states, suffering the price rise at double the national average, with demonetization leaving its possible impact, an ASSOCHAM analysis has noted.

"Against the national average of 3.17 per cent, Delhi had to bear the inflation rate, measured by the Consumer Price Index (CPI) at 6.32 percent, while it was 7.01 per cent for Jammu and Kashmir (J&K) and 5.92 per cent for Himachal Pradesh," said the ASSOCHAM analysis of the inflation data.

Say "Yes" to Love with Nirav Modi's new ad campaign introducing its new global ambassador Priyanka Chopra

Say "Yes" to Love with Nirav Modi's new ad campaign introducing its new global a

New Delhi [India], Feb 16 : NIRAV MODI launched a sparkling new ad campaign today starring its global Brand Ambassador, Priyanka Chopra and featuring Bollywood heartthrob Sidharth Malhotra. The 'Say Yes, Forever' campaign celebrates the solitaire diamond engagement ring, defining its significance in context to love and commitment.

The ad film captures the emotions of a 'proposal' as experienced by both sides and captures the joy of saying 'yes' to love. It highlights the solitaire diamond ring as a timeless ode to the everlasting bond between a couple; a representation of what starts with a 'yes' today, and lasts forever, the promise of a lifetime of commitment.

NEC guiding communications providers with data traffic analytics strategies

NEC guiding communications providers with data traffic analytics strategies

Tokyo [Japan], Feb.16 : The NEC Corporation has announced the launch of a consulting service called the "TMS Professional Service," which enables communications service providers (CSPs) to plan and implement strategies based on the analytics of their network data traffic.

This service analyzes information provided by CSPs to detect the trends, characteristics and abnormalities in network data traffic.

Based on analytic results, NEC conducts consultation under four subjects: network data traffic optimization, customer support, security diagnosis, and marketing.

EY announces 17 finalists for 18th EY Entrepreneur of the Year™ award program

EY announces 17 finalists for 18th EY Entrepreneur of the Year™ award program

New Delhi [India], Feb 16 : EY, the global professional services organization, today announced the selection of 17 of the country's most exceptional entrepreneurs as Finalists for the 18th Entrepreneur of the Yearâ„¢ - India 2016. The Finalists have been selected from among 250 outstanding nominations and will be felicitated at a grand celebratory Awards Banquet to be held on 24 February in New Delhi.

Together, these 17 Finalists have combined revenues of over Rs. 154,335 crore (USD 23.38 billion) and are providing employment to over 5.2 lakh people in India and globally.

NEC chairs new industry group on standards for smart city solutions

NEC chairs new industry group on standards for smart city solutions

Tokyo [Japan]/Heidelberg [Germany], Feb.16 : The NEC Corporation has confirmed that Dr. Lindsay Frost, chief researcher, NEC Laboratories Europe, as chairman at the first meeting of the ETSI Industry Specification Group on Context Information Management (ISG CIM), co-launched by NEC and four other companies.

The ISG CIM has already grown to 12 participating organizations. Its first general meeting decided on six work items in a stringent timetable to publish, within six months for public review, a draft specification for smart city context information exchange (see http://portal.etsi.org/CIM).

Lenovo MBG emerges as second best brand in India in CY 2016, says IDC report

Lenovo MBG emerges as second best brand in India in CY 2016, says IDC report

New Delhi [India], Feb 16 : As per the International Data Corporation (IDC) India Q4 2016 smartphone market report, Lenovo has emerged as the second best smartphone brand in CY 2016 with 8.9 percent and 9.8 percent market share by volume and value respectively.

Fueled by aggressive product launches in mid-tier and premium segment, Lenovo MBG continues to grow across segments and has registered a 14.8 percent YoY growth.

According to the IDC Q4 2016 report, Lenovo MBG (comprising of Lenovo and Moto-branded smartphones) maintained its leadership in the online channel by 23 percent in volume and 23.5 percent in value market share in CY 2016.

Mrida launches its FMCG brand 'Earthspired'

Mrida launches its FMCG brand 'Earthspired'

New Delhi [India], Feb 16 : Mrida, a social business venture committed to upliftment of marginalized and underserved rural communities at the Base of the Pyramid, has formally launched its FMCG brand Earthspired.

As with everything to do with Mrida, Earthspired Inspired by the Earth, also owes its origin to "Soil" Mrida in Sanskrit.

Earthspired is envisioned as a Health and Wellness Initiative. It will be a healthy, wholesome and straight from Rural India business. Through Earthspired, Mrida seeks to build distribution channels for products such as millet based ground flour ('atta'), cake mixes, cookies, healthy snacks and other similar products offering health benefits to the end user.

Arre now on Ola Play; offers customers wide range trending web-series on the go

Arre now on Ola Play; offers customers wide range trending web-series on the go

New Delhi [India], Feb 15 : India's leading multi-genre, multi-format digital media destination Arre on Wednesday announced its tie-up with Ola Play, the world's first connected car platform for ridesharing.

The tie-up will offer a wide range of digital content for customers while they are on the go.

It will also provide Ola's Prime Play customers a range of popular and trending web-series, social experiments, reality shows, documentaries, as well as non-fiction products, from Arre's stable. These include Arre's hit series Official Chukyagiri, and other short format contextual videos.

Pak Board of Investment identifies 41 sites for CPEC economic zones

Pak Board of Investment identifies 41 sites for CPEC economic zones

Islamabad [Pakistan], Feb.15 : Pakistan's Board of Investment (PBOI) has identified 41 sites for establishing special economic zones (SEZs) to give a boost to the multi-billion dollar China-Pakistan Economic Corridor (CPEC) projects.

According to the Dawn, the Board of Investment (BOI) gave this information to the National Assembly's Standing Committee on Planning, Development and Reform on Tuesday.

The committee was informed that the 41 sites had been selected after consultations with the provincial, Azad Jammu and Kashmir and Gilgit-Baltistan governments and the Federally Administered Tribal Areas secretariat.

The emphasis of the meeting was to look for ways to give a fillip to export-oriented businesses and to reap the full benefits of the CPEC.

ONE Co.Work goes on an expansion spree; expands its working space

ONE Co.Work goes on an expansion spree; expands its working space

New Delhi [India], Feb 15 : With a unique business model that capitalizes on unparalleled services at unbeatable prices, ONE Co.Work, the end-to-end co-working space provider is redefining the way professionals work in India. At present, the brand is effectively tapping the increase in demand for its widely hailed services and has launched its first Gurugram-based co-working space.

Alongside, ONE Co.Work is also increasing the overall capacity of its Connaught Place-based office.

Kyocera DuraForce PRO rugged smartphone wins iF Design Award 2017

Kyocera DuraForce PRO rugged smartphone wins iF Design Award 2017

New Delhi [India], Feb. 15 : Kyocera International Inc., the leader in rugged mobile solutions, announced that its Kyocera DuraForce PRO, the only rugged 4G LTE smartphone with a Super Wide View HD (1080p) Action Camera, received the iF Design Award 2017.

With a reputation as the most distinguished design award in Europe, the birthplace of industrial design, the iF Design Award is hosted by the iF International Forum Design GmbG Hannover to recognise industrial products around the globe for exceptional execution in design.

US-India Business Council leads executive mission to Aero India 2017

US-India Business Council leads executive mission to Aero India 2017

New Delhi [India], Feb 15 : The US-India Business Council led its delegation to Aero India 2017 in Bangalore, showcasing continuity in the defense and security partnership between the United States and India following designation of India as a "Major Defense Partner", which directs the US government to prioritize defense trade with India.

The international delegation consisted of more than 20 senior executives from American aerospace and defense companies.

It conducted a seminar on opportunities to integrate India into the global supply chain that included global expert Tom Captain of Deloitte.

USIBC's Executive Mission was led by George Standridge, Vice President for Strategy and Business Development for Lockheed Martin, and Tom Bell, Senior Vice President, Boeing.

Castrol and Romax Technology enter into joint venture

Castrol and Romax Technology enter into joint venture

New Delhi [India], Feb. 15 : Castrol announced the creation of a joint venture with Romax Technology's InSight business, a pioneer in predictive maintenance solutions, on Tuesday.

With over 30 years' experience working in the wind sector, this deal will combine Castrol's global reach and knowledge of wind turbine lubrication with Romax InSight's expertise in predictive maintenance, software and data analytics for wind turbines.

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