Rudy chairs NSDC meet, stresses on greater industry connect

Union Minister Rajiv Pratap Rudy today chaired the meeting of the NSDC Board and emphasized on the need to establish greater connect with the industry and setting up model skill centres across the country.
This is the first Board meeting of the National Skill Development Corporation (NSDC) after appointment of the new CEO Jayant Krishna, who was appointed after MD and CEO Dilip Chenoy put in his papers. Krishna will be in office until the selection and appointment of the new MD & CEO.
Union Skills Development and Entrepreneurship Minister Rudy urged NSDC to strengthen itself and be aggressive in achieving the common goal of a Skilled India.

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Suich to sell India made power banks at Re 1 under scheme * Mobile phone maker Suich Industries will start selling its domestically produced power banks for Re 1 under launch scheme at ecommerce platform Paytm.
"After having expertise and control on quality and understanding of latest technology we have decided to get into direct product for and have launched brand SUICH in the market. Our new range of power banks is high capacity and quality product and better than other Chinese products," Suich Industries MD Gunnit Singh said in a statement.

The company will start selling its power bank in 3 variants 5000mAh, 7500mAh and 10,000mAh capacity on Paytm starting December 21. It will offer power bank to first 1,000 people who will register flash scale scheme.

People registering after them during the flash sale period will get power bank at half price.
Suich has priced 5000 mAh power bank at Rs 1,499, 7500mAh at 1,999 and 10,000 mAh is priced at Rs 2,499.
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SBBJ starts Online Education loan portal
*State Bank of Bikaner and Jaipur has integrated its technology platform with the Vidya Lakshmi Portal to provide a single window for students to access online education loan.
GE-IITM to set up Industrial Internet Centre of Excellence
* US-based diversified group GE has signed an agreement for setting up an Industrial Internet Centre of Excellence at the Indian Institute of Technology, Madras here.

The tie-up between GE and IIT Madras is aimed at developing power intensive applications with focus on rolling out a digital twin of an aluminium smelter, a press release said today.
Through the centre, GE and IIT-M would create a digital twin of a smelter that would generate new data and insights about the smelter, allowing operators to run smelters efficiently.
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Housing price may rise by 4pc in Hyderabad this year * Housing prices in Hyderabad rose by 5.2 per cent during last year but price appreciation is likely to slow down this year at 4 per cent, according to property consultant JLL India.

"Known to be a market driven by end-user demand, Hyderabad has never seen runaway price escalations unlike some of the more speculative markets in India. The city's residential market witnessed a price appreciation of 5.2 per cent (y-o-y) in 2015 and is expected to see a 4 per cent price rise in 2016," JLL India said in a statement.
Stating that Hyderabad has been witnessing a strong demand for office space for some years now, the consultant said that the demand for homes in the city has also grown over the years - barring the period of political turmoil.
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MakeMyTrip, Bookmyforex tie-up to offer foreign exchange * Online travel company MakeMyTrip and marketplace for retail foreign exchange and private remittances BookMyForex have joined hands to provide foreign exchange.
MakeMyTrip Chief Operating Officer - Online - Mohit Gupta said,"We look forward to adding to our existing travel solutions offerings. By partnering with BookMyForex, we are firmly establishing ourselves as the ultimate destination for the full suite of travel products."
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Michigan University scientists visit PAU * Three senior scientists on behalf of the Borlaug Higher Education for Agricultural Research and Development (BHEARD), Michigan State University, paid a visit to the Punjab Agricultural University (PAU) campus to explore avenues to fund the doctorate level studies of Bangladeshi students at PAU.

Xiaomi India sells over 6 lakh units of Redmi Note 3
* Chinese tech major Xiaomi today said it has sold over six lakhs units of 'Redmi Note 3'.
"We just reached another milestone at Mi India -- in just 60 days of weekly sales, we have sold over 6 lakh units of Redmi Note 3 -- our biggest record yet," Xiaomi Vice President Hugo Barra said in a post on Facebook.
Xiaomi Redmi Note 3 was launched in India in March. Some of its features include an all-metal body, fingerprint scanner at the back and comes in two memory and storage versions, priced Rs 9,999 onwards.

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AMD appoints Swetang Vin as Corporate VP and Regional CFO * Chip maker AMD today said it has elevated Swetang Vin to the newly-created position of Corporate Vice President and Regional Chief Financial Officer for India, Asia Pacific Japan, EMEA and Greater China.
In his new role, Vin will be responsible for leading all financial aspects of AMD's R&D, Sales and Marketing Finance activities as well as entity accounting, taxation, financial controls, and compliance for the aforementioned regions, AMD said in a statement.
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TCS helps 100,000 employers sign-up with UK's NEST * IT major Tata Consultancy Services (TCS) today said its client, the National Employment Savings Trust (NEST) in the UK, has now signed up more than 100,000 employers to its auto enrolment pension scheme.

NEST was established in 2010 as part of the UK government's workplace pension reforms. The roll-out of the auto enrolment reforms began in October 2012 and are being introduced in stages up until 2018.
As NEST's IT solutions partner and scheme administrator, TCS is responsible for delivering outcome-based, end-to-end administration services across all aspects of the scheme, TCS said in a statement.
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ShopClues partners GoDaddy to bring small businesses online * GoDaddy and eCommerce firm ShopClues have partnered to help small businesses listed on the latter's platform to set up an online presence.
Through this partnership, ShopClues merchants can now build their online identity and brand with a distinct domain name from GoDaddy, a statement said.

Firstsource Sr Vice President Sanjay Gupta resigns
* BPO firm Firstsource Solutions today said its Senior Vice President Corporate Affairs Sanjay Gupta has put in his papers.
"Sanjay Gupta has reigned form the position of the Senior Vice President Corporate Affairs and Company Secretary and Compliance Officer of the company with effect from close of business hours on August 17, 2016," it said in a BSE filing.
The company is in the process of identifying or hiring new person for the vacant post, it added.