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Showing posts from January 11, 2023

Google Refused to Be Given Interim Stay on CCI Fine by NCLAT

In a setback for Google, an appellate tribunal on Wednesday refused an interim stay on the competition regulator imposing a Rs. 936-crore penalty on the US tech giant for abusing its dominant position in the market. The National Company Law Appellate Tribunal directed Google to deposit 10 percent of the fine that was slapped by the Competition Commission of India in a case related to its Play Store policies. A week back, Google failed to get relief from the NCLAT on a separate Rs. 1,337.76 crore fine imposed by CCI on alleged abuse of the dominant position that the US tech giant has in the Android smartphone operating system in the country. It was asked to deposit 10 percent of the fine within four weeks. Google challenged that order before the Supreme Court, which agreed to hear it on Monday. While in the first case, CCI had in October last year asked Google to allow smartphone users on the Android platform to uninstall apps and let them select a search engine of their choice

US Air Travel Services Restores Gradually to Life After FAA Computer Outage

US flights were slowly resuming departures and a ground stop was lifted after the Federal Aviation Administration (FAA) scrambled to fix a system outage overnight that had forced a halt to all US departing flights. More than 6,000 flights were delayed and nearly 1,000 canceled according to the FlightAware website as officials said it will take hours to recover from the halt. The numbers were still rising. The cause of the problem with a pilot-alerting system, which delayed thousands of flights in the United States, was unclear, but US officials said they had so far found no evidence of a cyberattack . The outage occurred at a typically slow time after the holiday travel season, but demand remains strong as travel continues to recover to near pre-pandemic levels. "Normal air traffic operations are resuming gradually across the US following an overnight outage to the Notice to Air Missions system that provides safety info to flight crews. The ground stop has been lifted. We cont

Auto Expo 2023: Atul Auto Forays Into EV Space, Launches Electric Three-Wheelers

Atul Auto on Wednesday announced its foray into the electric vehicle space by launching two models at the Auto Expo 2023. Atul Greentech Private Limited (AGPL), a subsidiary of Atul Auto, launched Mobili, a passenger vehicle, and cargo variant Energie. Both Mobili and Energie are built with industry-leading technology, telematics and Battery Management Systems (BMS), said a statement. The company has not disclosed the price of the two variants. Atul Auto Director Vijay Kedia said: "With our new electric additions, we aim to be technology leaders and provide intelligent, data-driven last-mile connectivity. Our advanced processes and infrastructure is the backbone of our business and empowers us to create and deliver world-class products." The new cargo and passenger variants of electric three-wheelers will be launched across the country, starting from Punjab, Gujarat and NCR. "The two variants will be made available in a phased manner across the country in Atul Auto&#

Jio True 5G Services Now Launched in Uttarakhand, Rs. 650 Crore Invested for Standalone 5G Network in the State

Reliance Jio on Wednesday announced the launch of its True 5G services in Uttarakhand from Dehradun. On the occasion, Uttarakhand Chief Minister Pushkar Singh Dhami in a video message congratulated Jio, the people of Uttarakhand and the people of Dehradun in particular, at the launch of Jio True 5G services. Apart from the existing investment of Rs. 4,950 crore, a company's spokesperson said Jio would additionally invest over Rs. 650 crore on the deployment of a standalone 5G network in Uttarakhand. Standalone 5G uses the 5G New Radio (NR) access network which is a set of standards that replaces the LTE network 4G wireless communications standard. The company said Jio True 5G was rolling out at a rapid pace and was the only 5G service to be present in Dehradun, delivering transformational benefits of this technology to Jio users. Chief Minister Pushkar Singh Dhami said, "This launch is an important milestone for Uttarakhand and its people, who will benefit immensely from

India’s IITians, ISBians Join Mudrex’s Student Web3 Community WAGMI

The students from some of India's top colleges and universities have chimed in with a Web3-focussed initiative, launched by Mudrex. The crypto investment platform is having Indian students participate in Web3 projects, trivia, and panel discussions with industry experts — to give them an in-depth sense of the next-gen tech sector. Mudrex has named this initiative ‘WAGMI', which is a popular buzz word in the crypto community and expands to ‘We Are Going to Make It'. A total of 15 student clubs from 20 prestigious institutes have joined hands with Mudrex to participate in the WAGMI project. Colleges like IITs, ISB, and NITs are among other institutes from Delhi, Madras, Kanpur and Roorkee to be part of the project. “ Web3 is all about communities, WAGMI is a platform for many future unicorns by combining the best talents in India,” said Ashrith Reddy, a WAGMI contributor from ISB, Hyderabad. Touted as the future of the 2D Internet we know and use today, Web3 does not dep

Auto Expo 2023: JBM Auto Galaxy Electric Luxury Coach, New Electric Bus Series Launched

JBM Auto on Wednesday launched its first self-designed and self-manufactured electric luxury coach 'Galaxy' here at Auto Expo 2023. The company, a part of $2.2 billion (roughly Rs. 18,000 crore) JBM group, also showcased its new series of e-buses, including city bus, staff bus, and school bus. Expanding the company's offering in the emerging electric vehicle segment, JBM Auto Vice Chairman Nishant Arya said it will grow "exponentially" over the next few years. "The new range of electric buses will address the growing market requirements, especially the fleet owners, who are looking for sustainable, safe, reliable and profitable solutions," said Arya. However, the company did not disclose the price of the coach. Currently, 1,000 JBM electric buses are operating in 12 states. "JBM group is the only player in the Indian market to offer an entire EV ecosystem and is committed to investing in green mobility solutions," Arya added. Besides, JB