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The minister chaired a video conference with officials from Ministry of Steel, Ministry of Road Transport and Highways, Ministry of Railways, INSDAG, SAIL and steel fabricators from Bhilai to work out the details of the plan. Read more at: https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/dharmendra-pradhan-chairs-meeting-for-steel-fabrication-cluster-around-sails-bhilai-plant/articleshow/76154189.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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IT and Telecom Minister Ravi Shankar Prasad said India will initially aim to attract top 5 global mobile manufacturing companies and also promote five local companies that will be identified through a screening process. Read more at: https://economictimes.indiatimes.com/tech/hardware/govt-starts-inviting-application-for-rs-50000-cr-electronic-incentive-schemes/articleshow/76153644.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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The portal will aim to resolve the problems of MSMEs including those of finance, raw materials, labour, regulatory permissions, particularly those arising due to present-day Covid- induced difficult situation. Read more at: https://economictimes.indiatimes.com/small-biz/sme-sector/to-help-msmes-scale-prime-minister-narendra-modi-launches-technology-platform-champions/articleshow/76136661.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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The existing definition of MSMEs is done on the basis of investments put in, but the revised definitions now also include turnover of the company. Read more at: https://economictimes.indiatimes.com/small-biz/sme-sector/cabinet-approves-new-definition-of-msme-turnover-for-medium-enterprise-increased-to-rs-250-crore/articleshow/76132935.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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“India must be a leading country in the development of Artificial Intelligence in the world, leveraging upon its vast Internet savvy population and data it is creating. India’s AI approach should be of inclusion and empowerment of human being by supplementing growth and development rather than making human beings less relevant,” Prasad said. Read moreContinue reading

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The cold stores need to run 24X7 to preserve the stored goods. The compressors cannot be shut down even when the capacity is not fully utilized. The movement of perishables to and from cold stores has considerably reduced during the lockdown period and has led to severe liquidity crunch for the promoters,” said Harsimrat KaurContinue reading

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Cisco has been growing its software services portfolio in a pivot away from its traditional hardware business. It had earlier acquired application performance and monitoring company, AppDynamics, in 2017 for $.3.7 billion.   https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/cisco-to-acquire-networking-monitoring-startup-thousandeyes-led-by-indian-founder/articleshow/76094222.cms

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