For $771 million Reliance New Energy Solar acquires REC Solar Holdings .

Business(REC-Rural Electrification Cooperation Ltd shares) On October 10, Reliance New Energy Solar announced the acquisition of REC Solar Holdings for $771 million. “Reliance New Energy Solar Ltd (RNESL), a wholly – owned subsidiary of Reliance Industries Ltd (RIL), has announced the acquisition of a 100% shareholding in REC Solar Holdings AS (REC Group) from ChinaContinue reading “For $771 million Reliance New Energy Solar acquires REC Solar Holdings .”

The Reserve Bank of India is looking to raise warning flags about decentralised financial applications.

Finance (cryptocurrency- Digitalized money) According to two persons familiar with the situation, the Reserve Bank of India (RBI) is trying to red flag DeFi (decentralised finance) applications and initiatives and has sought legal guidance on how they function. According to legal experts, India presently lacks any regulations governing cryptocurrency, much alone something as disruptive asContinue reading “The Reserve Bank of India is looking to raise warning flags about decentralised financial applications.”

China’s Chang’e-5 Samples Reveal Key Age of Moon Rocks – First Fresh Lunar Samples in More Than 40 Years

Astronomy(space) Scientists share analysis of first fresh samples from the moon in more than 40 years. A lunar probe launched by the Chinese space agency recently brought back the first fresh samples of rock and debris from the moon in more than 40 years. Now an international team of scientists — including an expert fromContinue reading “China’s Chang’e-5 Samples Reveal Key Age of Moon Rocks – First Fresh Lunar Samples in More Than 40 Years”

Arunachal Pradesh’s Itanagar hit by a 3.6 magnitude earthquake

Earthquake(India) seismogram has measurement of magnitude between 1 to 10 Earthquake of Magnitude:3.6, Occurred on 09-10-2021, 01:24:33 IST, Latitude: 27.40 and Longitude: 92.87, Depth: 5 Km, Location: 80 km West-Northwest of Itanagar, Arunachal Pradesh,’ the NCS said in a tweet An earthquake of 3.6 magnitude on the Richter scale struck the West-northwest area of ItanagarContinue reading “Arunachal Pradesh’s Itanagar hit by a 3.6 magnitude earthquake”

India may have to abandon its equalisation levy, If a global minimum tax agreement is reached.

Taxation(India) 136 countries, including India, have agreed to modify global tax laws to ensure that multinationals pay taxes at a least of 15% wherever they operate as part of a significant reform of the worldwide tax system. According to the Organization for Economic Cooperation and Development (OECD) implementation plan announced late Friday, the accord compelsContinue reading “India may have to abandon its equalisation levy, If a global minimum tax agreement is reached.”

US Poised to Sue Contractors Who Don’t Report Cyber Breaches.

Cyber crisis (Washington DC) The Justice Department is poised to sue government contractors and other companies who receive U.S. government grants if they fail to report breaches of their cyber systems. Deputy Attorney General Lisa Monaco speaks with reporters during a news conference at the Department of Justice in Washington. Monaco said the Justice Department,Continue reading “US Poised to Sue Contractors Who Don’t Report Cyber Breaches.”

Google feature updates: From shopping and navigation to flight search, check out some interesting changes.

Technology Google has announced a ton of new features to help customers shop better, make search more useful, and even reduce the carbon footprint. Google has taken steps to make it easier, to find more information about products you seek out online. iOS users will see a button for Lens integrated right into the GoogleContinue reading “Google feature updates: From shopping and navigation to flight search, check out some interesting changes.”

Hero Electric Partners With Massive Mobility to Establish 20,000 Electric Vehicle Charging Stations Across India by the End of 2022.

Automobiles Sohinder Gill, CEO of Hero Electric, commented on the collaboration, saying, “Recent announcements by the Government of India over the last few months have helped propel the EV industry onto the next level.” We continue to broaden our reach by establishing charging stations and reskilling mechanics in order to build an ecosystem. Hero, asContinue reading “Hero Electric Partners With Massive Mobility to Establish 20,000 Electric Vehicle Charging Stations Across India by the End of 2022.”

With AUKUS, India must keep its head above water

Redheads on India The United States’ declaration of a trilateral “increased security alliance” combining Australia, the United Kingdom, and the United States (AUKUS) caught everyone off guard, both competitors and allies. India has taken an ambivalent stance on the issue, while having close partners on both sides. Since then, there has been a lot ofContinue reading “With AUKUS, India must keep its head above water”

Facebook’s apps went down. And the world saw how much it runs on them.

Social media For more than five hours on Monday,the world got a taste of life without Facebook and its apps. People in many places discovered that Facebook and its apps had burrowed their way into nearly every facet of existence.

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