Wednesday, June 29

Technology

Insider Trading in India: Past Failures of SEBI & Tryst with Technology
India, Technology

Insider Trading in India: Past Failures of SEBI & Tryst with Technology

It is an instance of insider trading when someone working within the system leaks embargoed information or Unpublished Price-Sensitive Information (UPSI) to trade or help trade with external parties. In India, an inside trader applies to a person working in a publicly listed company who would buy or sell stock informed by inside data, including quarterly results, merger and acquisition, expansion or shutdown plans, or other significant activities. The Companies Act, 2013 and the SEBI Act, 1992 prohibit insider trading in India. To contain the wrongful act, in 2015, the SEBI (Securities & Exchange Board of India) formed the SEBI (Prohibition of Insider Trading) Regulation. According to the regulation, Insider trading in India is a punishable offense and subjected to legal probing...
TomaGrow Wins Pinduoduo Smart Agriculture Competition
China, Technology

TomaGrow Wins Pinduoduo Smart Agriculture Competition

Precision greenhouse management technology developed by agriculturists and data scientists participating in Pinduoduo's Smart Agriculture Competition is easy to use and does not need training for growers. TomaGrow, a team primarily comprised of Wageningen University & Research and China Agricultural University graduates with extensive industry experience, emerged victorious in the tomato-growing greenhouse challenge. It was decided by factors, including yield, nutritional value and environmental sustainability. In the preliminary round of the competition, more than 120 researchers from 15 teams were nominated. To cultivate tomatoes remotely during the six-month challenge, contestants used a variety of approaches that included nutrition science and computer vision, as well as ...
Greg Kelly Confirms Elon Musk the New Owner of Twitter Inc
Business, Technology, United States

Greg Kelly Confirms Elon Musk the New Owner of Twitter Inc

The man of deep space forging his way to Mars in less than a few decades, Elon Musk is the new owner of the micro-blogging planet, Twitter. Owner of SpaceX & Tesla (NASDAQ:TSLA), Elon Musk, started with a 9.1% shareholder stake to roping in the whole market to finance a complete purchase of Twitter at $46.5B. Earlier, when Musk was asked to join Twitter's board of directors, he declined. That led the existing board of directors to place a "poison pill" to make it difficult for Musk to buy more than 15% of the company through the stock market. But world population defiant, the father of 8 kids, Elon, on meeting the shareholders on Friday, now calls it a victory, as confirmed by Greg Kelly. HE DID IT!!!!!! THANK YOU ⁦@elonmusk⁩ !!!! pic.twitter.com/a4deqhjncm — Greg Kelly (@gregk...
Gigafactory in India by 2025, Informs Lithium-Ion Cell Manufacturer Log9
India, Technology

Gigafactory in India by 2025, Informs Lithium-Ion Cell Manufacturer Log9

A 7-year-old advanced battery technology startup Log9 intends to capture the first-mover advantage without participating in the government's ambitious INR 18,000 crore PLI scheme for advanced cell chemistry. The Bengaluru-based bootstrapped Lithium-Ion cell manufacturer, Log9, promises the first Gigafactory in India by 2025. Even though it only has a 25-megawatt-hour (MWh) capacity and an investment of around $25M (INR 190 crore), it has a very aggressive growth plan. By March 2023, Log9 plans to increase battery pack production from 10,000 units today to 40,000 units by June and 4 lakh units by March 2023, with a 50 MWh cell manufacturing capacity. Over the year, this would cost an additional $15 M(INR 110 crore). That, however, is only a warm-up. India's first Giga factory is expe...
Glasses for the Blind Wins the Nobel Prize for Industrial Design
Technology

Glasses for the Blind Wins the Nobel Prize for Industrial Design

.lumen or DotLumen is a technology startup based in Romania working on increasing accessibility for the blind. Today, 40M+ blind people worldwide, despite all technological advancements, are facing mobility issues to do with accessing public spaces with confidence. In Europe and the US, the provision of guide dogs is limited. According to a statement from .lumen (DotLumen), there are ~28,000 guide dogs to 40 million blind people. So, to cover up for this short supply of guide dogs for the visually challenged, .lumen (DotLumen) has developed Glasses for the Blind. Glasses for the Blind mimics the main capabilities of a guide dog sans the drawbacks that make it a non-scalable solution. Using Glasses for the Blind, a blind person can confidently walk around and shop in the supermarkets with...
The New PatientSphere 2.0 for Cardiology by Open Health Network
Technology

The New PatientSphere 2.0 for Cardiology by Open Health Network

Patients with chronic cardiac diseases now have better access to care thanks to the launch of PatientSphere 2.0 for Cardiology by Open Health Network (OHN). Given that a patient with a chronic condition has less time, energy, and mobility to drive or travel to the doctor, with PatientSphere 2.0, various tools and resources are available to caregivers, including tests, questionnaires, evaluation tools, and treatment programs. A patient's assistant will have their calendar auto-update serving reminders for new tasks. From a technology point-of-view, PatientSphere 2.0 system is powered by AI and Big Data, offering a fully integrated healthcare framework with templates, surveys, and evaluation tools that are easy to use and supported in all major languages. Advanced features in all apps and...
8 Well-Funded Stem Cell Startups are Manipulating your DNA
China, Europe, India, MEA & Japan, Technology, United States

8 Well-Funded Stem Cell Startups are Manipulating your DNA

Using stem cells or their derivatives, stem cell startups champion the production of regenerative medicine, also known as stem cell therapy, to promote the repair response of diseased, dysfunctional, or injured tissue. Instead of using donor organs in short supply, stem cells are used for stem cell therapy. In the laboratory, researchers cultivate stem cells to manipulate them into specific cell types like those found in the heart, blood, or nerve tissue, such as heart muscle cells. The manipulated cells are then injected directly into the target muscle with the degenerative condition to usher in new cell development. With the advancement in stem cell technology, several medical researchers, doctors, and scientists have established stem cell startups making an innovative impact globall...
Triple Carbon Reduction Wins £3.5M Enroute Carbon Neutrality 2030
Technology

Triple Carbon Reduction Wins £3.5M Enroute Carbon Neutrality 2030

The UK water regulator Ofwat has awarded £3.5M to Anglian Water and partners, including Brunel University, London, as part of a £36M investment in water innovation. In the Water Breakthrough Challenge, the team came up with an innovative Triple Carbon Reduction solution. The Triple Carbon Reduction solution helps reduce greenhouse gas emissions and electricity consumption in the treatment of used water. It will also produce Green hydrogen, a renewable energy source to electrolyze hydrogen from water. By 2030, this triple carbon reduction strategy will help the world reach net carbon neutrality. Taking part in the Water Breakthrough Challenge helped Ofwat achieve its goal of developing a collaborative, innovative water sector capable of meeting the long-term needs of customers and socie...
Markets Report What’s Trending in Automated Pricing Technology
Technology

Markets Report What’s Trending in Automated Pricing Technology

The adoption of automation has alleviated some of the stress in-person staff are now feeling. It has already led to greater efficiencies with fast-evolving retail tech trends in voice commerce, drone delivery, demand forecasting, virtual fitting rooms, and many. In 2020 alone, the customer conversion rate increased for AR-engaged, thanks to augmented reality in the retail industry. With interesting developments already influencing the future of retail within the supply chain domain, the consideration of automated pricing technology is the task. Buyer-Focused Custom Pricing  Since prices change so frequently, electronic shelf labels can help keep stores up to date. Personalized pricing technology and algorithms would be in high demand, such as only offering certain promotions to a ...
ALYI Alternet Systems in the EV Ecosystem; Eyes Africa & India
Technology, United States

ALYI Alternet Systems in the EV Ecosystem; Eyes Africa & India

According to recent news, Alternet Systems, Inc. (OTCMKTS: ALYI) expects to see revenue from the sale of electric vehicles as soon as this year. ALYI's goal is to sell enough electric motorcycles this year to bring in $2M. On September 23, 2021, the company announced that it expects to make an additional $2M in sales from a second contract for three-wheeled electric vehicles. According to ALYI's management, the company's electric vehicles are only the tip of the iceberg for the entire electric vehicle ecosystem, supported by the Revolt Token cryptocurrency. The Electric Vehicle (EV) is not just a Simple Exchange of the Combustion Engine Vehicle. Electric vehicles necessitate a completely new approach to design and engineering, starting with the overall vehicle and working down to th...
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