Market research shows this is the most popular smartwatch in the world

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Apple registered a 46 per cent on-year growth to cement its place as the top global smartwatch brand in terms of market share during the second quarter of 2021, according to new Strategy Analytics research. Apple holds a 52 per cent market share in the segment, followed by Samsung, and Garmin. Strategy Analytics Executive Director Neil Mawston said: We estimate Apple Watch shipped 9.5 million units worldwide in Q2 2021, rising 46 per cent from 6.5 million in Q2 2020. Apples global smartwatch market share is holding steady around the 52 percent level. Apple Watch Series 6 today is by far the worlds most popular smartwatch model, due to its blend of sleek design, good usability on a small screen, and a growing portfolio of health and fitness apps. Global smartwatch shipments during the quarter also surged 47 per cent on year to hit 18 million units. Strategy Analytics Senior Analyst Steven Waltzer said: Smartwatch shipments worldwide are growing at their fastest rate since 2018. Smartwatch growth is back to pre-pandemic levels. Online sales of fitness-led devices that help to support personal healthcare remain popular and are the main driver of the smartwatch boom. Waltzer said Samsung shipped an estimated 2 million units across the globe during the second quarter, a 54 per cent rise from 1.3 million units in the year-ago period. Samsung has a share of 11 per cent in the global smartwatch market and continues to perform well in its core North American, European, and South Korean markets. Garmin, on the other hand, shipped an estimated 1.5 million units during the second quarter, registering a 25 per cent rise from 1.2 million units in the year-ago quarter. Garmins global market share has fallen to 8 percent from 10 per cent during the past year. Despite its strong portfolio, Garmin is facing increasing competition, especially in Asia, from Xiaomi and Samsung, Waltzer said. Mawston said the outlook for the smartwatch market for the rest of the year and into the fourth quarter-holiday season was promising.

Celebrating Lord Krishna’s birth: Different ways in which Janmashtami is celebrated across India

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By Reya Mehrotra Janmashtami is celebrated to mark the birth of Lord Krishna. People celebrate by fasting, breaking dahi-handi, singing hymns, visiting temples, preparing feasts and praying together. It is a grand celebration particularly in Mathura and Vrindavan. Raas Lila or Krishna Lila are also a part of the celebrations. With the festival just around the corner, we bring to you different ways in which the festival is celebrated across India. Maharashtra Maharashtra has its own unique style of celebrating Gokulashtami. Songs like Govinda aala re play on the streets. Locals perform the dahi-handi ritual, which represents Krishna It is said that Lord Krishna was so fond of it that he would often steal it from his own home and those of others as well along with his friends. Youngsters form a human pyramid to break open an earthen pot with buttermilk hung high above on the road. Manipur By the 1700s, Vaishnavism had become a popular state religion in Manipur. Hindus in Imphal celebrate the festival by praying at Shri Shri Govindajee and ISKCON temples. Manipuri performances and Raaslila dedicated to Lord Krishna take place during this time. The day is known as Krishna Jamma in Manipur. The festivities begin at midnight and continue till dawn. Worshippers fast for the entire day and various cultural programmes are held to mark Krishna Udupi Shri Krishna Math in Udupi, Karnataka, is dedicated to Lord Krishna. It is famous for its Janmashtami celebrations. The matha is a principal pilgrimage site for Hindus in India. It is a centre of the Dvaita Vedanta Hindu philosophy, which says that Lord Vishnu and individual souls have independent existential realities. Lord Balakrishna, or the child form of Lord Krishna, is the main deity of the temple. Krishna Janmashtami is the best time to visit. Vrindavan, Mathura Krishna Prominent temples like ISKCON, Banke Bihari and Radharaman hold grand celebrations on this day. Mathura, the birthplace of Krishna, sees a high footfall of tourists and devotees from across India during this time. Temples are decorated with flowers and lights, and are open throughout the night for devotees. In fact, weeks before the festival, both Mathura and Vrindavan come to life with preparations in full swing. Raas Lila, based on excerpts from the Bhagwata Puran, is performed on stage. Dwarka Dwarka is historically known as the kingdom of Lord Krishna. The Dwarkadhish temple in Dwarka is dedicated to him. On this day, the temple is decorated beautifully for the celebrations of the infant Krishna. Lord Dwarkadhish is adorned with gold, diamond and other precious jewellery, and kirtans and bhajans are sung. Women across Gujarat play cards and give up household work on this day. Celebrations similar to dahi-handi take place in Dwarka, but it is called makhan-handi. Tourists come from far-off places to witness the grand event. Children dress up as mythological characters to participate in dramas. Conch shells and ringing bells are played in the morning aarti. South India The celebrations differ in different parts of south India. In Tamil Nadu, people observe a fast, draw kolams, patterns made of rice batter, and recite the Bhagwad Gita. In Andhra Pradesh, sweet dishes like verkadalai urundai are made for the celebrations and young boys dress up as Krishna to visit relatives and friends. Everyone sings hymns, chants mantras and devotional songs. Usually, paintings instead of Lord Krishna Musical dramas and enactment of dramas to represent his life are common. West Bengal Odisha In the eastern part of the country, states like Odisha and West Bengal celebrate Krishna The 10th chapter of the Bhagwad Puran, which is dedicated to Krishna An elaborate meal is offered to Lord Krishna as prasad. In Bengal, households prepare taler boda, or sugar palm fritter, an extremely sweet dish.

Analyst Corner – Cadila Healthcare: ‘Buy’ with combined TP of Rs 670/share

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Vaccine approval adds a new dimension to the domestic business: CDH has received emergency use authorisation (EUA) for its plasmid DNA Covid-19 vaccine ZyCoV-D. The latter is the first Covid-19 vaccine approved in India for adolescents in the 12-18 years age group. The management expects to start supplying the vaccine in India from Oct Based on our conservative estimates, we expect CDH to ramp-up production to ~40million doses from Oct We expect a 75:25 split between the government and private channel and a blended price of ~Rs 320\/dose for FY22. We factor in an opportunity (NPV of Rs 12\/share) from the Covid vaccine in our estimates for CDH. We continue to value CDH ZyCoV-D It is also the first Covid-19 vaccine to be approved for adolescents in the 12-18 years age group in India. It is a three dose regimen vaccine to be taken on the 0th, 28th, and 56th day and is administered through a needle-free device. CDH has also applied for a two-dose regiment of ZyCoV-D and is in discussions with the regulator on a future course of action. Interim efficacy of ZyCoV-D is 66.6% as tested on 81 patients. The final efficacy will be based on a data of 158 patients. ZyCoV-D has shown 100% efficacy against moderate and severe disease after the second vaccine dose. It is to be stored at 2-8 Valuation and view: We arrive at an NPV of ~Rs 12\/share for the opportunity arising from the Covid-19 vaccine. We continue to value CDH We arrive at a TP of Rs 670, including the vaccine opportunity and maintain our Vaccine scenario in India: To date, 456million people (~50% of adults) have received at least one dose of the Covid-19 vaccine. The estimated population in the 12-18 years age group is ~250million. ZyCoV-D is the sixth vaccine to receive EUA in India, after Covaxin, Covishield, Sputnik V, Moderna and JJ. The GoI expects 2.2billion Covid-19 vaccines to be available by CY21-end.

MeitY Startup Hub collaborates with Paytm to support deep-tech startups

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The MeitY Startup Hub (MSH), an initiative of the ministry of electronics and information technology (MeitY), has entered into a memorandum of understanding (MoU) with the digital payment platform Paytm. With this collaboration, MSH and Paytm aim to scale deep-tech startups by providing access to platforms, knowledge series, experts, resources, and larger community of stakeholders. Moreover, the collaboration also focuses on fostering partnerships with incubators, accelerators, investors, as well as, offering a startup toolkit to tackle challenges in payments, distribution, and growth for early-stage startups. The planned partnership also intends to help startups with mentorship and guidance through a unicorn talk series to build more unicorns out of India. Thanks to the MoU, the startups will get the benefits of subsidised payment gateway services. According to Praveen Sharma, senior vice president, Paytm, its partnership with MSH will bring numerous benefits for the Indian startup ecosystem. It will help India Paytm Paytm, owned by Indias largest mobile-internet firm One97 Communication platform, offers full-stack payment solutions to consumers, offline merchants, and online platforms. The strategic alliance between MSH and Paytm brings together various stakeholders, synergises resources to create a conducive, Paytm said in a statement. Read Also: Sporjo raises $2 million in Pre-Series A funding Follow us onTwitter,Instagram,LinkedIn,Facebook

43% of ICUs & 75% of ventilators in govt sector still vacant, says Kerala Health Minister

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Even as Kerala continued to report over 30,000 positive cases for the third consecutive day, Health Minister Veena George on Friday said 43 per cent of Intensive Care Units and 75 per cent of ventilators in the government sector are still vacant. While speaking to media here, George said 66 per cent of beds in the Covid First Line Treatment Centres (CFLTC) are also currently vacant. She also said that Kerala was the only state which had undertaken studies related to the breakthrough infections. Eighty two per cent of beds available in the Domiciliary Care Centres (DCC) under various local self government bodies are vacant, The Minister said that only 6,013 beds out of 33,394 across 720 DCCs in the state are in use. She also said that the state was able to maintain a low Case Fatality Rate of 0.5 per cent despite the high population density. 7 per cent of the total population of Kerala has been found to be having antibodies, meaning that more than 50 per cent of the population is still susceptible to infection which means we need to be more careful, She said 70.24 percent of the population has been administered the first dose of the vaccine and 25.51 per cent, the second dose. The minister also said that Kerala reports one in every six cases of infection in the state, whereas the national average was one in 33 cases. She cautioned the people to avoid gatherings. Kerala continued to report over 30,000 cases for the third consecutive day on Friday and showed an increased Test Positivity Rate, while 179 deaths took the the toll to 20,313.

What’s missing in India’s growth strategy?

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India is at a crossroads in its path to economic success. Of course, this is a statement that seems appropriate every few years, but perhaps there is a more fundamental choice now than any that has been faced since the late 1980s. That period saw an economic crisis that involved external pressures and domestic political flux. Together, they led to the beginning of the period of Great progress has occurred, but nowhere near the examples that made up the In my last column, I pointed to work by Sajid Chinoy and Toshi Jain, which shows that total factor productivity growth (TFPG) has slowed, a sign of lack of enough innovation. TFPG is related to tangible characteristics of the economy: public investment, openness to trade and effective financial intermediation. Fixing financial intermediation is urgent, and requires a big push in cleaning up existing messes, plus enabling new technologies and platforms to develop and be deployed quickly. Public investment is a no-brainer: it has many champions, and just needs an urgent financial restructuring Trade openness is less well understood, or even accepted, because it is not as simple as it used to be, and has to be part of a much broader package of openness. Economists On this basis, one can easily argue for countries like India to produce and export labour-intensive products such as leather goods and garments. Considerations of growth and innovation complicate matters, in terms of the theoretical case for trade openness. An enormous practical complication is the rise of global value chains (GVCs) or global production networks (GPNs) On top of this, there are the benefits of spillovers when a country is integrated into GVCs Swati Mehta, whose work on India The rise of India In East Asia, South Korea benefited from Japan and China from Taiwan (indirectly) in similar ways. This model of trade openness also requires openness to foreign investment, especially in the form of FDI by multinationals that dominate GPNs. India is making progress in recognising and encouraging this avenue for integration and growth, though perhaps not enough. And it is failing in recognising the importance of openness to people and ideas. In 18th century Europe, pure mathematicians exchanged ideas across borders, and moved among patrons in different nations. Their discoveries and conceptual tools helped pave the way for modern applied science Inventors also sought support wherever they could find it. By contrast, 14th century China, then the world India is a more recent example of this kind of disastrous closing off. In his book, This is why India is at a major crossroads. As noted, the policy solution for India is not just passive opening up, by lowering trade barriers, though that is necessary too. Indian policymakers have to embrace a confident approach to integration into the global economy, including the GPNs and multinationals that govern them. Infrastructure and education are vital parts of this mix, as is making sure that the masses have decent food and shelter. Inclusive growth is sustainable growth, as many large companies will recognise, if they are nudged towards that conclusion. As India emerges from the pandemic, with its demographic dividend still available to be cashed in, and with MNCs and their host governments looking for strategic reconfigurations of GVCs to provide resilience in the face of pandemics and the rise of China, India The author is professor of Economics, University of California, Santa Cruz

Mahindra First Choice Wheels and CamCom partner to offer AI-powered car inspection

2019年9月17日 SHLF 0 Comments

Mahindra First Choice Wheels (MFCW), Mahindras pre-owned vehicles business has partnered with CamCom, an AI-powered visual inspection solutions company, to offer vehicle inspection using AI. With the partnership, Mahindra can inspect and make damage assessments for vehicles. CamCom is recognised around the world for providing disruptive solutions to automotive, warehousing, and other industries. The company is a winner of Catapult Cohort 1 by Mahindra Mobility and are well-known for leveraging Computer Vision and associated technologies in the visual inspection process. Speaking about the partnership, Ashutosh Pandey, the CEO of Mahindra First Choice Wheels said, This collaboration has the potential to bring a disruptive approach and transform the used car business ecosystem. The fact that CamCom is a This partnership is a huge step for CamCom. We are working to extend our engagement within the Mahindra automotive ecosystem and become the partner of choice for all visual inspections.\u201d

Good news for Indian Railways passengers! Pay less fare for new AC 3-tier economy class coaches; Details

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The Railways on Saturday said the fare of its new air conditioned three-tier economy class coaches will be 8 per cent less than the existing 3AC coaches, giving the best travel experience at the cheapest price. The fare of the new coaches is 2.4 times the base price of existing sleeper class of mail and express trains, officials said, adding 50 such coaches have been given to different zonal railways. Now, since the fare is fixed, these coaches will be attached in existing mail express trains. In trains which are running with maximum length, these coaches will replace sleeper class coaches, they said. The base fare for up to 300 km will be Rs 440 which is the lowest according to the distance, while the highest base fare is Rs 3,065 for 4,951 to 5,000 km, they said. The latest zone to get these coaches is the North Central Railway which is all set to use them in train no. 02403 (Prayagraj-Jaipur express) from September 6 and bookings have been opened from Saturday, officials said. These passenger-friendly coaches have 83 berths and the fare is lower as compared to regular 3AC coaches, they said. The newly introduced 3AC economy mail\/express\/superfast coaches will have normal child fare rules as applicable for existing 3AC coaches of mail\/express trains. Concession or free complimentary passes shall be at par with the existing 3AC coaches of mail\/express trains, they said. The eligibility of privilege pass\/PTO for railway employees shall be at par with the eligibility in 3AC coaches of mail\/express trains. According to officials, the booking of tickets against passes issued to Members of Parliament and rail travel coupons (RTCs) issued to MLA\/MLCs, fully reimbursable warrants\/vouchers shall be permissible as per the existing provision of 3AC coaches for mail\/express trains. Cancellation and refund rules and all other terms and conditions of travel will be at par with the existing 3AC to CC class, they said. The air conditioned three-tier economy coaches are being seen as a gamechanger as they will offer the best AC travel at the cheapest price, the railways had claimed earlier. The new 3AC economy class coaches will have 83 berths as against 72 in the regular 3AC coaches – an increase of 15 per cent. The regular 3AC coaches have two side berths, which will be increased to three in the new coaches. According to the railways plan, around 806 new coaches are to be rolled out by this fiscal, either by this year or at the beginning of next year.

Record number of over 23 lakh people vaccinated in Bihar in one day

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A record number of 23.5 lakh people were vaccinated against COVID-19 in a single day in Bihar, the state health department said on Wednesday. The feat was achieved with several districts like Patna, Muzaffarpur, Samastipur, Gaya and East Champaran reporting inoculation of more than one lakh beneficiaries each on Tuesday, which was marked for In tweets put out late Tuesday night, Chief Minister Nitish Kumar expressed elation over the state having crossed the 20-lakh mark, and said the brisk pace would enable it to achieve the target of six crore vaccine doses in six months. He also stated that so far, more than two crore doses of vaccines have been administered in Bihar.

ArcelorMittal Nippon Steel India commissions Rs 1,000-crore pellet unit

2019年9月10日 SHLF 0 Comments

ArcelorMittal Nippon Steel India (AM\/NS India), a joint venture between ArcelorMittal and Nippon Steel, on Thursday commissioned a second six million tonne per annum (mtpa) pellet plant at its Paradip facility in Odisha with an investment of around Rs 1,000 crore. The plant doubles production capacity at AM\/NS India It has an 8 mtpa pellet production facility at Vishakhapatnam. In March, India-born billionaire Lakshmi Mittal inked an agreement with the Odisha government for setting up a 12 million tonne integrated steel plant in the states Kendrapada district with an investment of Rs 50,000 crore. AM\/NS India