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Film star Nagarjuna has announced that he has begun shooting for his next big screen film Bangarraju. Bangarraju is the sequel to the actors previous film Soggade Chinni Nayan which was released in the year 2016. In addition to the magnetic charm of Nagarjuna the film also has other heavyweights including Naga Chaitanya, Ramya Krishnan and Krithi Shetty. Nagarjuna took to twitter to announce the making of his new film and wrote that he was very happy to start the work for Bangarraju along with Chaitanya Akkineni. The actor further welcomed the Zee Studios on the journey of the film. Bangarraju is being directed by Kalyan Krishna Kurasala and the film has been envisaged to be a fulsome entertainer. From the look of the film poster shared by Nagarjuna, the film appears to be located in a rural setting with greenery of crops all round. The coconut trees can also be seen on the margins of the crop fields in the background giving the film its countryside setting. Two elegant bikes signifying the presence of two main protagonists in the film are also shown at the center of the poster. While the actual plot of the film and its storyline are going to be revealed only piece by piece as the shooting of the film progresses, the announcement made by Nagarjuna about the beginning of the shoot has enthused his fans and other film lovers. Nagarjuna is also going to be seen in Bollywoods Brahmastra which also has the presence of protagonist Ranbir Kapoor, Alia Bhat and Amitabh Bachchan. Earlier, Nagarjuna had told the Indian Express that his role in Brahmastra was very meaty and powerful so far as the script of the film is concerned. The actor declined to reveal more about the film and his role in it citing confidentiality but said that the shooting for the first part of the series had been completed.
Tata Power on Tuesday announced the commissioning of a 150 megawatt (MW) solar project in Loharki village in Rajasthan, which is expected to generate over 350 million units of electricity every year. The project is spread over 756 acres and implemented by its 100 per cent subsidiary Tata Power Renewable Energy Ltd (TPREL), Tata Power said in a statement. Without disclosing financial details, it said approximately 6.56 lakh modules were used in the project and the installation is expected to reduce 3.34 lakh tonnes of carbon emission every year. For the smooth processing of the installation, 48 inverters, 720 KM of DC cable and 550 manpower have been used. The commissioning of the 150 MW project in Loharki, Rajasthan, has further fortified our position as one of the leading renewable energy companies in the country, with a strong presence in solar power generation. Despite various COVID-19 related challenges faced by the industry, TPREL through Tata Powers EPC arm Tata Power Solar Systems Limited has successfully completed the project within the timeline. With this addition of 150 MW project, the total renewable installed capacity of Tata Power will be 2,947 MW, with 2015 MW of Solar and 932 MW of wind. It has another 1,084 MW of renewable projects under implementation
More than 63.09 crore COVID-19 vaccine doses have so far been provided to the states and Union territories by the Centre for free and under the direct state procurement category, the Union health ministry said on Monday. Further, more than 21.76 lakh (21,76,930) doses are in the pipeline, it added. More than 4.87 crore (4,87,39,946) balance and unutilised COVID-19 vaccine doses are still available with the states, the ministry said. The Centre is committed to accelerating the pace and expanding the scope of COVID-19 vaccination throughout the country, it said, adding that the inoculation drive has been ramped up through availability of more vaccines, advance visibility of vaccine availability to the states for enabling better planning by them and streamlining the vaccine supply chain. As part of the nationwide vaccination drive, the Centre has been supporting the states by providing them Covid vaccines for free. In the new phase of the universalisation of the Covid vaccination drive, the Centre will procure and supply 75 per cent of the vaccines being produced by the manufacturers in the country to the states for free.
The US has evacuated and facilitated the shifting of approximately 111,900 people from the Hamid Karzai International Airport in Kabul since August 14, the White House has said. The US evacuated approximately 6,800 people in the time period between August 27 at 3:00 AM EDT and August 28 at 3:00 AM EDT, following the deadly suicide attack near the Kabul airport on Thursday, it said. This is the result of 32 US military flights (27 C-17s and 5 C-130s) which carried approximately 4,000 evacuees, and 34 coalition flights which carried 2,800 people, according to a White House official. Since August 14, the US has evacuated and facilitated the evacuation of approximately 111,900 people. Since the end of July, we have re-located approximately 117,500 people, the official said. Meanwhile, Senator Roger Marshall led Representatives Jimmy Panetta and Mike Gallagher in sending a bipartisan, bicameral letter to President Joe Biden, urging him to safely evacuate American citizens, Afghan Special Immigrant Visa (SIV) applicants and other at-risk populations, including women and children, from Afghanistan. We urge you to provide transparency regarding how the administration will safeguard the approximately 1,500 American citizens still remaining in Taliban-controlled Afghanistan, SIV applicants, and other at-risk populations, they said. The lawmakers said the US military should commit to responding with overwhelming force to continued attacks on or around the Kabul airport, any attack on American citizens attempting to evacuate or any attempt to hold them hostage. The administration must keep its commitment to our Afghan allies who risked their lives supporting the US or NATO campaigns by evacuating remaining SIV applicants, they said. The lawmakers said the Biden administration must ensure that the US military is prepared and committed to holding Hamid Karzai International Airport until the evacuation mission is complete. In a separate letter, Senator Michael Bennet, a member of the US Senate Select Committee on Intelligence, joined 28 other lawmakers in urging the Biden administration to expedite efforts to evacuate Afghans at risk as the situation in Afghanistan deteriorates. In their letter to Secretary of State Antony Blinken and Secretary of Homeland Security Alejandro Mayorkas, they specifically pushed for the administration to explore the use of parole to speed up entry for Afghans with already approved visa petitions. As the situation on the ground in Afghanistan becomes more dangerous, thousands of Afghans are desperately seeking to leave the country to avoid possible persecution. We fully support efforts to provide humanitarian protection to those Afghan nationals in need. However, we write to draw your attention to the possibility that there are many nationals from Afghanistan in the family and employment-based immigration system for whom a visa is not yet available due to visa caps in immigration law, wrote Bennet and his colleagues.
Vedanta Ltd on Wednesday said its board has approved an interim dividend of Rs 18.50 per equity share for FY2021-22, amounting to Rs 6,877 crore. The board of directors of the company in its meeting held on Wednesday.have approved first interim dividend of Rs 18.50 per equity share i.e. 1850% on face value of Re 1 per share for the financial year 2021-22 amounting to Rs 6,877 crore, Vedanta Ltd said in a filing to BSE. The record date for the purpose of payment of dividend September 9. The interim dividend will be paid within stipulated timelines as prescribed under law, the filing said. Vedanta Ltd, a subsidiary of Vedanta Resources Ltd, is one of the worlds leading diversified natural resource companies with business operations in India, South Africa, Namibia, and Australia.
By Ashok Wani, The world is isolated and burdened with international travel restrictions and large scale COVID-19 protocols, but technology is ensuring the survival and progress of the economy in these challenging times. One sector leveraging technology at scale is the infrastructure and construction industry. Being significantly affected by the COVID-19 crisis, the interconnectedness, complex and collaborative nature of the construction industrys supply networks and workforce directly affect the cost and schedule of infrastructure projects. The current crisis limits these aspects and access to work through operational restrictions and unignorable safety protocols by the government. Other inconsistencies, such as restrictions on the movement of the material and manpower, affect the availability of parts and equipment and eventually influence project finance Breaking traditional perceptions Traditionally Engineering, Construction Infrastructure enterprises (ECO) were perceived as a conventional and labour dominated sector, but, as is evident now, there is a diversity of opportunities for digital transformation. A milestone development in COVID times was the evolution of the digital workplace. Since the global restrictions first imposed in March 2020, businesses and other service providers are increasingly acknowledging the possibility to run operations without a mandatory physical presence. Construction developers and their allied sectors have also jumped to capitalize on the trend. Technologys role in solving dynamic challenges Construction ventures are now facing unforeseen market conditions, contracting challenges, cash-flow shortages and supply-chain bottlenecks. Technology can play a substantial role by providing comprehensive visibility into the potential risks that can help safeguard the developers interests. Business intelligence technologies like IoT, ERP, robotics, and automation can help organizations map out their entire production process and supply chain to take more proactive steps during these times of crisis, including identifying alternative sources, considering stockpiling resources, and reviewing contingency plans, budgeting and expediting critical materials. Smart planning and management tools can also help foster greater collaborations with functions such as labour, procurement, or finance, enabling project owners to save cash. Potential prospects can include proactive vendor association on discounts and payment-deferral plans, aggregating demand for commoditized materials in a multi-project set up for bulk discounts or identifying and applying for appropriate stimulus or relief funds. Increasing need for comprehensive project management solutions The high load of expectation by the public and government over the infrastructure sector will not change even in the pandemic condition. Hence construction and real estate organizations need to explore the best way to embrace change by adopting new operating models across engineering, procurement, and construction so that performance can be sustained in the face of Covid-19. An intelligent project management solution can help organizations to develop mitigation plans for potential slowdowns, shutdowns, and project restarts. This helps firms to review projects effectively and identify what work has to be prioritized and how to strategically do so. They can also consider different situations for how projects may function out across design, planning and management. Factors such as disruptions and fluctuations in production, potential insolvency and bankruptcy of suppliers, vendor management, subcontractors, and contractors Considering all these aspects, it has become clear that technology is both a quick fix and long-term sustenance tool for construction stakeholders. It can leverage digital tools that can boost efficiency, support the economy, and adherence in the sector. The future will belong to the early technology adopters who optimally harness emerging business intelligence processes to carry out their operations. (The author is Head Views expressed are personal and do not reflect the official position or policy of the Financial Express Online.)
CoinSwitch Kuber is the only crypto start-up predicted to go Unicorn in the next two years, according to Hurun India Future Unicorn List 2021. The list ranks India CoinSwitch Kuber has been ranked 29th in the list of Gazelles. The Hurun Report defines Gazelle as a start-up founded after the year 2000 and has the potential to go Unicorn in two years. The Gazelles on the Hurun India Future Unicorn List 2021 have an estimated valuation ranging from US$500mn to US$1bn. Among the Top 10 on the Hurun India Future Unicorn List 2021, MobiKwik is the only FinTech company. Other FinTechs – Navi, Khatabook, Rupeek, Acko General Insurance are ranked 11, 18, 21 and 25 respectively. As per the report, Mswipe Technologies, Capital Float, ClearTax, Jupiter, InCred, Bankbazaar.com, FINO Paytech, OKCredit, Lendingkart, OlaMoney, Aye Finance, Smallcase, OneCard are listed among the Cheetahs – startups expected to go Unicorn in the next four years. With 18 start-ups on the list, FinTech contributed the most number of companies in the list, followed by E-commerce 17 and SaaS 7. E-commerce, FinTech, Shared Economy and SaaS contribute more than half of the companies featured in the list. Commenting on the report, Anas Rahman Junaid MD and Chief Researcher, Hurun India, said, For instance, 5 start-ups that we had as Cheetahs at the beginning of our research, jumped straight to Unicorn valuations. Gazelles on the Hurun India Future Unicorn List 2021 Junaid said that the list has inputs from India IPOs present exit opportunities for investors and encourage more Indian High Networth Individuals to allocate a meaningful portion of their investment into start-ups, he said. India is home to more than 600 million internet users and is expected to have 900 million use by 2025. The adoption of the internet in rural areas will further complement the rise of technology start-ups. Fintech companies operating in mobile payments, insurance, blockchain, stock trading and digital lending will grow further to capitalize the internet penetration. For instance, some of the best Enterprise SaaS companies are born in India but This is a lost opportunity for India and it is important that these start-ups are incentivised to stay back in the country, he said.
Delhi: On Saturday, the Delhi government announced a Rs 139-crore project in a bid to digitise healthcare management in the national capital. It will enable hospital-patient interactions in the city via cloud-based integrated management and digital health cards. The Delhi cabinet has approved the budget and funds have also been sanctioned to set up the The contracts have been sent out to M\/s NEC Corporation India Private Limited. Chief Minister Arvind Kejriwal also confirmed approval regarding the setting up of 6,836 new beds across Delhi government hospitals. Today, Delhi has 10,000 beds in government hospitals and 6,800 are being added. This is a 70 per cent increase, and not a small thing. These beds will be ready in six months. We are prepared for the COVID third wave if it comes. Even if it doesn The system is expected to be ready by mid-22 if Delhi government officials are to be believed. It will, however, be implemented in government hospitals first and then private hospitals in a phased manner. All the Delhi hospitals will be connected on a common platform in this system. That portal will help inform us about the bed availability (how many beds are empty), medicines availability (how many medicines and in what quantity). The portal will also help inform staff position, medical position, number of ventilators that are vacant. You will no longer need to form long queues at the hospitals. All you would need to do is to fix an appointment with a doctor over the phone and choose to visit in accordance to your convenience, said Delhi CM as reported in IE. The system would be all digital and cloud-based. Citizens will be connected to it via These cards will be issued and be availed online for access. The card will help people get all information under one roof and will also help in providing immediate help in case of emergency. Under the Health Card Project, QR code-based eHealth Cards will be issued to the residents on the basis of voter ID and population registry from which demographic and basic clinical information of each patient can be taken out. Family mapping will be done through e-health cards for health schemes and programmes. It will be integrated with HIMS for seamless information exchange. Cards with QR codes will be distributed to each person after physical verification,
All India Gaming Federation (AIGF) has announced the induction of former senior bureaucrat, Sutanu Behuria, as president of policy and planning, Rummy Chapter. Behuria has assumed duty in this latest positional advancement of his long career. Behuria has played an intrinsic role in remolding India He has advised on regulation, strategies and continues to reshape fast-emerging industry segments through their gestation and formative years. He has also served as secretary in the Ministry of Minority Affairs and at the National Disaster Management Authority, the Ministry of Home Affairs. He was also secretary in the Department of Fertilizers and Department of Heavy industries. Earlier, he was joint secretary in the Ministry of Sports. Sutanu will help us shape the path ahead to ensure that the industry The transactional online gaming industry has grown to $1 billion annually. Sutanu will help provide industry impetus and bring in greater clarity on policy and legislation, The online gaming industry is outstripping most other sections of our economy, growing at 30% annually and contributing significantly to tax revenues. Sure, there are complex policy issues here and I hope to be a contributor to this process. That being said, players and companies similarly need a safe and enriching experience, in order to realise their need for growth. I look forward to being part of AIGF Read Also: Shiprocket appoints Atul Mehta as COO Follow us on Twitter,Instagram,LinkedIn,Facebook
The past few months and almost the same time last year offered several opportunities for me to capture some really splendid photographs of the sky. The air has never been cleaner and the skies in Delhi had never been clearer and blue With no vehicles on road, we experienced what it is to live pollution-free. Unfortunately, no vehicles on road are not the permanent solution to this global problem – clean, green mobility is. Electric mobility was the earliest bet that India took to promote clean mobility and having tracked this space for almost a decade now, since the early days of the National Electric Mobility Mission Plan (NEMMP), I realize we have come a long way. Industry push, consumer awareness, improving economics, global trends and most importantly policy push played a pivotal role. Policies at the Central and State government level have tried to create an impact in their own way. While new opportunities have continued to emerge, there have been even new challenges and learnings from the past. As we complete almost a decade, it is high time to assess the role of our policies across states and calibrate them to create a One India One Policy for electrification. Over the years, several state governments came out with their own state-specific EV policies. A first look indicates that the coverage of these policies has not been consistent across demand, supply, charging and technology-related areas. Across the central and state policies, the structure and quantum of incentives have been different. Another prominent issue seems to be the choice between what is easy versus what is most impactful. Many state policies are still focused on promoting formats like e-rickshaws over other better higher impact segments. The spontaneous uptake of e-rickshaws due to favorable economics and the rapid proliferation along with the need to regulate this segment, address safety and environmental concerns need no refresh. The question is Finally, none of the policy guidelines defines the markers for successful execution as there is no mechanism to measure the effectiveness and impact of these policies. The automotive industry went through difficult times in the last 2 years. Transition to BS6 and lockdown due to the pandemic have been among major disruptors which placed the electrification agenda low on priority. Post-Covid when shared mobility has been impacted, segments like e-rickshaws and e-3 wheelers have been disrupted. As the market bounces back, we have seen renewed excitement for electrical vehicles and therefore there is a stronger need to align policy across center and states. For a market witnessing rapid technology and business innovation, the policy support also needs to evolve to stay relevant. We have now seen a few years of electric mobility and now have more data on products, performance and user experience which should form a basis of any refreshed policy guideline. The charging ecosystem has been growing with several players and business models in the market. We need to relook at the charging standards announced sometime back and possibly get them in line with global markets. The focus should be future-ready specifications, type of chargers, cost of hardware, interoperability and platform integration. With the planned incremental generation capacity of 300 GW, power availability for electric mobility would not be a challenge however quality and unit economics would be important for charging infrastructure business. As the awareness and adoption of e-mobility have increased, the industry has become more conscious about emerging issues of e-waste management, vehicle and battery afterlife and second life usage of batteries. Unlike lead-acid batteries where 90% of disposed of batteries end up in the informal sector, lithium and advanced chemistry batteries will need an organized and environmentally sustainable process for recovery, recycling and reuse. We need to acknowledge the issue and put in place mechanisms to grow the afterlife segment as an organized industry. India is rolling out its flagship vehicle scrappage policy. This opens up opportunities for automotive companies and new players to formalize end-of-life vehicle management. The readiness of this sector to handle traditional internal combustion engine (ICE) and electric vehicles is important. The next sprint to align and create a One India One Policy should consider relevant trends and outlooks. While all segments will see adoptions of electric mobility, the penetration will be led by smaller format 2 and 3 wheelers. The pandemic has also shifted the usage for shared passenger mobility to goods and freight mobility in the last mile. Recent consumer experiences have shown the example of gaps between the promised and actual range of vehicles and potentially other quality concerns. Any future enablement should ensure not just electrification but greater thrust on quality and performance which is equivalent of traditional ICE vehicles. Finally, for scale and standardization to drive network effects in areas of charging and battery swapping, it will be important to establish a greater level of alignment at the industry level. While a policy will set the direction, it is really the industry that will have to collaborate on technology and content standardization to drive scale and interoperability. Commercial viability is key to drive growth in electric mobility, but policies play an equally important role in realizing commercial viability faster. Our next sprint of policy alignment will put the necessary guardrails to define the next decade of vehicle electrification. Clear, blue skies will hopefully be a permanent view outside my window then. Author: Rahul Mishra, Partner, Kearney Disclaimer: The views and opinions expressed in this article are solely those of the original author. These views and opinions do not represent those of The Indian Express Group or its employees.