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Showing posts from December 30, 2020

Caviar brings Apple AirPods Max in ‘pure gold’ variant at Rs 79.25 lakh

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Caviar brings Apple AirPods Max in ‘pure gold’ variant at Rs 79.25 lakh:  Early this month,   Apple   has come up with the   AirPods Max headphones   for $549 or Rs 59,900 in India.   The  Russian company Caviar  known for making luxury variants of popular gadgets has declared its 2021 lineup which includes gold variants of the Nike AirJordan shoes, Sony PS5 and the Apple AirPods Max headphones. The gold variation of Apple AirPods Max headphones is priced at $108,000.   As per the details listed on Caviar’s global website, Apple AirPods Max headphones are available in Gold White and Gold Black variants on the platform. Both these variants are priced at $108,000, which roughly translate to Rs 79,25,245.   The company said that both the headphone variants are made of 750 gold and white crocodile leather for the Gold White variant and Black crocodile leather for the Gold Black variant. These headphones will be available for purchase on the platform in 2021.   But not everyone can buy it.

Jio and Mediatek to begin 2021 with the biggest online-gaming tournament

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Jio and Mediatek to begin 2021 with the biggest online-gaming tournament:  Jio   and   MediaTek   have come together to launch ‘ Gaming Masters ’, an esports event targeted at new and existing online gaming enthusiasts in India. This 70-day esports tournament comes just days after the successful completion of JioGames’ first online gaming event -  ‘India ka Gaming Champion’ . ABOUT GAMING MASTERS:  Gaming Masters is a grassroot undertaking by MediaTek and Jio, that is meant to revolutionize online gaming  The tournament is set to test gamer’s skill, teamwork and endurance in a virtual gaming arena, while vying for a prize pool of INR 12,50,000  The entire tournament will be broadcast LIVE on JioTV HD Esports Channel and YouTube  Gaming Masters will feature Garena’s self-developed hit battle royale title, Free Fire, which is being made available to both Jio and non-Jio users through the JioGames platform

PM Cares Fund is not a so-called “public authority”

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PM Cares Fund is not a so-called “public authority”:  The   Union Ministry of Corporate Affairs   has said in the Lok Sabha that the Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund), though set up by the Central Government, is not a 'public authority' under Section 2(h) of the Right to Information Act, 2005.   Minister of State for Finance and Corporate Affairs, Anurag Thakur , said this as a reply to an unstarred question raised by Sunil Dattatray Tatkare, Member of Parliament from Maharashtra, belonging to the Nationalist Congress Party (NCP).   The MP had asked: "Whether it is a fact that according to the Ministry the Fund was set up on March 27, 2020 by the Central Government thus making it a public authority under the ambit of Section 2 (h) of the RTI Act, 2005 and if so, the details thereof?"   To this, the MoS answered: 'No sir'.   The NCP MP further asked the "reasons for amending the Companies Act re

Centre Launches Serum Institute’s Pneumococcal Vaccine Pneumosil

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Centre Launches Serum Institute’s Pneumococcal Vaccine Pneumosil:  Union Health Minister Harsh Vardhan   launched the country's first pneumococcal conjugate vaccine 'Pneumosil' developed by Serum Institute of India in collaboration with partners like the Bill and Melinda Gates Foundation.   On the occasion, Vardhan remarked that the vaccines are used in 170 countries and every third child in the world is immunised with the manufacturer's shots, the health ministry said in a statement. The minister further said that SIIPL developed and got license of the first indigenous Pneumococcal Conjugate Vaccine (PCV) from the government during COVID-19 pandemic lockdown, in line with Prime Minister Narendra Modi's vision of Atmanirbhar Bharat', it said. Serum Institute's first indigenous Pneumococcal Conjugate Vaccine will be available in the market under the brand name 'Pneumosil' at an affordable price in single dose (vial and pre-filled syringe) and multidos

Aye Finance raises Rs 77 cr in debt from Catalyst Trusteeship

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Aye Finance raises Rs 77 cr in debt from Catalyst Trusteeship:  Aye Finance , a financial service startup, has bagged Rs 77 cr ($10 Mn) in debt from Catalyst Trusteeship through its AAV Sarl and Masala Investment Sarl.   As per the filings of the  Ministry of Corporate Affairs , Aye Finance has assigned 3,85,875 debentures each worth Rs 38.58 Cr to AAV Sarl and Masala Investment Sarl, leading up to Rs 17.17 Cr.   Before this round, in July 2020 the company had also raised Rs 125 Cr in debt from Germany-based impact investor Invest in Vision.   Founded by  Sanjay Sharma  and Vikram Jetley in 2014, Aye Finance caters to unbanked micro-enterprises of India by offering B2B loans. The company is currently offering its services in 14 states and plans to expand into Bihar, Jharkhand, Gujarat and Maharashtra in the coming years. The company has over 173 branches and 2,900 employees.   Till date the company has provided two lakh loans which amounts to Rs 2700 Cr to nearly 196K small scale busin

Over Facebook-Apple privacy dispute, FB employees side with iPhone maker

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Over Facebook-Apple privacy dispute, FB employees side with iPhone maker:  Facebook   was upset at   Apple   due to the latter’s new privacy guidelines that give iOS customers the chance to opt-out of getting their information tracked by apps (like Facebook) for the needs of getting personalised adverts delivered on their iPhones or iPads.   Apple CEO Tim Cook  fired again on Twitter the following day tweeting that Apple believes that its clients ought to have the selection to find out how their information must be used. Cook added that Facebook can nonetheless proceed to trace iOS customers throughout web sites and apps identical to earlier than. The sole distinction is that with the App Tracking Transparency in iOS 14, Facebook might want to ask for consumer’s permission first.   Apple is permitting iPhone customers to decide out of advert monitoring which Facebook says will destroy small companies   Not all Facebook employees are on the side of the corporate that pays their salaries