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virendra pandit

Jio offers cheaper solutions to digitally transform 5mn MSMBs in India

Mumbai: JioBusiness on Tuesday said it has introduced an integrated offering for micro, small and medium businesses (MSMBs) to digitally transform 5 million MSMBs in India by offering them connectivity at one-tenth of the existing price in the market. In a statement, the company said it plans to empower MSMBs with integrated fibre connectivity and […]

Ola to manufacture a scooter every two seconds in TN by 2022

Virendra Pandit Mumbai: India’s leading cab aggregator Ola, which is investing Rs.2,400 crore to set up the world’s largest two-wheeler manufacturing facility in Tamil Nadu, plans to start rolling out a scooter every two seconds from next year. The company has already commenced construction of the two-wheeler mega-factory on a 500-acre site in the Krishnagiri […]

Covid-19: IMF’s Gopinath praises India response to pandemic

Virendra Pandit New Delhi: Showering accolades on India for being at the forefront in fighting the global pandemic, International Monetary Fund (IMF)’s Chief Economist Gita Gopinath has said the country has played a very important role during the crisis by manufacturing and shipping the Covid-19 vaccines to many countries. “India really stands out in terms […]

Covid-19: Covishield jab can be 81.3% efficacious, says “The Lancet”

Virendra Pandit  New Delhi: With more than two crore people already vaccinated in the country against the Covid-19 pandemic, a prestigious medical journal, citing the latest research, has said the Oxford University-AstraZeneca’s vaccine, known as Covishield in India, has a higher efficacy of 81.3 percent when the second dose is administered 12 weeks after the […]

Women’s Day: Google to fund $25 mn for 1 mn rural Indian entrepreneurs

Virendra Pandit  New Delhi: On International Women’s Day (March 8, 2021), Google announced on Monday to support 1 million women entrepreneurs in rural India with a $25 million fund. The fund will support projects involving women and girls and address systemic barriers towards economic equality globally. Towards this objective, Google has invited projects having bold […]

Roving Periscope: Amid Opposition boycott, Imran wins “trust vote”

Virendra Pandit  New Delhi: Amid the Opposition’s boycott, Pakistan Prime Minister Imran Ahmed Khan Niazi won the “trust vote” in the Aiwan-e-Zairin  (National Assembly) on Saturday, ending political uncertainty in the volatile South Asian nation which has been experimenting with democracy under the shadows of the Army for decades. Cricketer-turned-politician Khan, 68, secured 178 votes […]

FDI: Despite pandemic, India attracted USD 58.37 bn in April-Nov 2020.

Virendra Pandit  New Delhi: Despite the pandemic and nationwide lockdown for about six months in 2020, India’s Foreign Direct Investment (FDI) saw a significant jump: in the April-November period, the total inflow of FDI was USD 58.37 billion. According to government data, FDI in November 2020 grew by a whopping 81 percent to USD 10.15 […]

MSMEs: ‘PLI aims to increase India’s production in 5 years by $520 bn’

New Delhi: Prime Minister Narendra Modi has said the Production-Linked Incentive (PLI) scheme, announced in July 2020, is likely to increase India’s production by USD 520 billion in the next five years. The scheme aims to give companies incentives on incremental sales (over FY2019-20) from products manufactured in domestic units. Addressing a webinar on Friday, […]

Global Indians: ‘Indian-Americans are taking over’, says Biden

Virendra Pandit  New Delhi: ‘Don’t worry. Indians are coming’, was the common refrain in the United Kingdom’s health services in the 1970s, when London inducted a large number of doctors from the Commonwealth countries, particularly India, into the National Health Scheme (NHS) to reform and improve its health preparedness. In the early 21st century, many […]

Roving Periscope: With 17 more killings, Myanmar slips into chaos

Virendra Pandit  New Delhi: India’s southeast Asian neighbor Myanmar is fast slipping into yet another era of chaos and uncertainty after the ruling junta killed 17 more pro-democracy demonstrators on Wednesday, taking the toll to 35 since the February 1 military coup. At Britain’s request, the United Nations Security Council (UNSC) is likely to consider […]
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