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Inox Wind commissions common power evacuation infra in MP

Press Trust of India  |  New Delhi 

Inox Wind Limited today announced commissioning of 220 KV sub-station and 220 KV transmission line at its Nipaniya site in Madhya Pradesh.

The sub-station and transmission line are part of the common infrastructure facility at the site and capable of supporting power evacuation of 200 MW, the company said in a statement.

Many of the leading independent power producers of the country like Sembcorp Green Infra, ReNew Power and Mytrah Energy have invested in wind projects at the Nipaniya site.


Utkal Alumina launches Computer Literacy Project * Utkal Alumina International Ltd, a flagship company of Aditya Birla Group, has launched an ambitious Computer Literacy Project in Odisha's Rayagada district.

The project, undertaken as part of Corporate Social Responsibility (CSR) of the company, is expected to supplement to the Digital India Initiative besides playing a significant role in spreading computer literacy among people in the region, a company statement said today.


Flipkart partners with Udacity to hire graduates * E-commerce giant Flipkart today announced a partnership with online learning company Udacity to hire graduates based on capabilities they have built through Udacity's Nano degree programs.

With the partnership, Flipkart would redefine the hiring process in the software industry based predominantly on personal interviews and referrals, the company said.

Flipkart hired students based on their Nano degree projects and Udacity profiles, it said, adding, there were no in-person interview or group exercises.

Amkette launches EvoTV 2 for Rs 6,999

* IT peripherals maker Amkette today launched the new version of 'EvoTV' for Rs 6,999 as it looks to cash in on the growing adoption of content streaming services like Netflix and Hungama in India.

The 'EvoTV 2' will allow users access movies, TV shows, music, videos and games on the Internet through their TV sets.

First launched in 2012, the EvoTV saw two new versions being introduced, bringing the total variants to five.

"EvoTV was well accepted by early technology adopters... In the last few months, India has witnessed launch of multiple national and international services like Netflix, HOOQ and Wynk and people are actively using these streaming services," Amkette Director Rajiv Bapna told
Gupshup launches 'bots' platform for ecommerce firms

* Messaging platform Gupshup today launched a new platform for helping enterprises build 'bots' to enhance productivity and increase user-consumer engagement.

A 'Bot' is a software that has been programmed to give responses to queries. It performs automated tasks that could be repetitive or time-consuming and hence, improves productivity for enterprises deploying these bots.

Many e-commerce companies have already deployed bots to assist consumers to transact on their platform.


Atul Ltd, AkzoNobel mull JV for chemical manufacturing * Chemicals manufacturer Atul and paints major AkzoNobel today entered into an agreement to explore feasibility of setting up a monochloroacetic acid (MCA) plant at the former's facility in Gujarat.

The two companies have signed a letter of intent, under which they plan to install a world scale MCA plant at Atul's facility in Gujarat subject to regulatory approvals, Atul Ltd said in a BSE filing.

The partnership intends to build on Atul's status as a leading supplier of crop protection chemicals, which uses MCA as a key raw material and AkzoNobel's leading global position in MCA, with plants in the Netherlands, China, Japan and the US, it added.


Footwear maker SSIPL launches Sports Station * Footwear manufacturer SSIPL today launched 'Sports Station', a chain of multi-brand sports stores, to bring international sports brands under one roof.

Its portfolio includes brands like Nike, Adidas, Reebok, Puma, Sketchers, Converse, Crocs, Solomon and Lotto, along with its in-house brand Mmojah.

Sports Station also showcases specialty brands like Speedo and Wildcraft at its stores, the company said.


Reliance Group's Unlimit partners Cumulocity for IoT solutions * Unlimit, the Internet of Things (IoT) venture of Anil Ambani-promoted Reliance Group, has partnered Cumulocity to deliver IoT solutions in India.

IoT refers to a network of inter-connected devices that can be accessed through the internet. For instance, with IoT, street lights will automatically go off when they sense no traffic on the roads and consequently, save power.

"The combined offering enables Unlimit's customers to benefit from rapid machine, sensor and device integration and data collection and real-time analytics for condition monitoring," the companies said in a statement.

It further offers predictive maintenance and supply chain automation, comprehensive device management and remote control, it added.


Roborace unveils 'Robocar' at Mobile World Congress * Roborace has unveiled its 'Robocar' -- a self-driving electric car -- at the Mobile World Congress in Barcelona.

The car has been designed by Daniel Simon, who created vehicles for Hollywood sci-fi films like 'Tron: Legacy'.

It uses a number of technologies to drive itself, including two radars and six AI cameras, and makes up to 24 trillion AI operations per second.


Paalak.In raises funding to expand ops

* Agri-tech startup Paalak.In today said it has raised an undisclosed amount from a clutch of investors.

Paalak.In is a platform that provides unique supply chain of farm-fresh produce directly from farmers to end consumers and B2B buyers. A farmer app is also scheduled to be launched by mid-March.

"Paalak.In has secured an undisclosed amount in seed funding from Vishwadeep Bajaj, Harsh Kundra, Nandkumar Rane and Anupam Tyagi," the company said in a statement.

The funding would be utilised to develop a new consumer web-platform and android app, add more collection centres in villages, and hire critical manpower in technology, supply chain and operations departments, it added.

VDSS Agri Tech Pvt Ltd, the parent company of Paalak.In, is a for-profit company with a mission to make agriculture a profitable business for farmers. The venture is co-founded by two MIT Sloan alumni Swapnil Tripathi and Vishal Salgotra.

Viswadeep Bajaj, CEO, Valuefirst said: "Given the fact that 70 per cent of rural household in India depend on agriculture as their principle means of livelihood, I believe agri-tech has the power to bridge existing gaps in the market.

First Published: Thu, January 28 2016. 18:48 IST