Meet India's Elon Musk: Bhavin Turakhia on running multiple companies with completely different business models
+ Nazara Story and top news of the day.
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Bhavin Turakhia runs multiple companies – Flock, Zeta, and Radix. And all of them are in different domains, with completely different business models.
From Idea to IPO: Nazara Founder, Nitish Mittersain on Staying Focused and Building a Great Business
In this conversation with Ashish Sinha, Nitish Mittersain, Nazara Founder – discusses the early days of the Internet in India, the magic of Shammi Kapur, and how Nazara not just survived the multiple boom-bust cycles but is now roaring to scale further post IPO [Listen].
From QA to Product Management: How do I make that transition? [Answered]
Well, a lot of companies want to hire product managers who have had a QA or support background – but then, they look for that extra spark.
What’s that extra spark? Can anybody do this? [Learn how]
TRAI lists HDFC, PNB, and SBI among the defaulters for not implementing new SMS regulations; Earlier, TRAI asked the operators to fully implement the new SMS rules from April 1, also ordered to block messages from companies and telemarketers that are yet to comply with the regulations. (MC)
Deadline to meet Corporate Average Fuel Efficiency (CAFE) norms will not be extended to 2022; These requirements help to reduce carbon emissions from vehicles as the Centre wants India to invest in more fuel-efficient cars or cleaner technologies like electric and hybrid. (MC)
TATA Motor signs a 3-year MoU with SBI to offer financial assistance for purchasing light commercial vehicles; As a part of this deal, Tata Motors' commercial vehicle customers can avail loans from SBI in a hassle-free manner as well as access SBI's unique technology-laden offerings, the company said in a statement. (MC)
GitHub to launch separate programs for developers, students and startups to uplift open-source development in India; GitHub COO Erica Brescia said that the program aimed at developers will offer ₹1 crore in grants to open-source ‘extremely valuable’ projects. (MC)
To utilize AI Technology to a greater extent in the farm sector, firm policy and financial support are needed: NASSCOM; It also said, "AI has the potential to play a key role in relieving the sector from most of its stressful input conditions, catalysing a shift towards data-driven farming". (FE)
#GlobalTech
Mark Zuckerberg ensures youngsters and adolescents safety on the Instagram-kids version; He said," This would help people stay connected with friends and learn about different content online is broadly positive." while the Congressmen raised concerns about Instagram use for kids. (HT)
Tesla's Chinese competitor Nio halts the production because of global chip shortage; The shortage of the semiconductors also resulted in increased demand from the gaming and consumer electronics industry for making video games and gaming consoles. (HT)
Xiaomi to make Electric Vehicles using the Great Wall Motor's plant; Xiaomi will also aim to widely position EVs in the mass market. (HT)
#BusinessNews
India concludes a 4-point plan to deal with the blockage of the Suez Canal; Giving Priority to the movement of perishable cargo, implementing current freight rates, rerouting of ships and remaining prepared for post-blockage rush at ports are part of the four-point strategy which the government will adopt because of the Suez Canal blockage. (MC)
Women-led enterprises can create 150-170 million jobs in India by 2030: Report by Google and Bain & Company; Women entrepreneurs in the tech space rose 11 times between January 2018 and June 2020. (MC)
Union Minister Piyush Goyal says that India's goods exports will stand at USD 290 billion in the FY21, though 7% short of the previous fiscal; He also said that India is quickly bouncing back to a greater level in a challenging year. (MC)
JSW bags the title of 'India’s biggest steel maker' after acquiring Bhushan Power and Steel(BPSL) for Rs 19,350 crore; " Through this acquisition, the company will establish its presence especially in the flat steel business in the eastern region in India," JSW Steel said. (FE)
SEBI brings a new framework on intermediaries' transfer of business; The transferee will have to have a new registration from the SEBI in the same capacity before the transfer of business. (FE)
#COVID19
India registers 62,258 fresh Covid cases within 24 hours; There are more than 4.52 lakh active cases now, more than 62 per cent in Maharashtra. (IE)
200,000 doses of COVID-19 vaccines announced as a gift by India for UN peacekeepers; UN officials expressed gratitude to India for the gift of 200,000 COVID-19 vaccine doses. (IE)
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