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Ratan Tata to invest in electric motorcycle Torok Motors startup

A Pune based startup electric vehicle Torok Motors has announced that Ratan Tata has decided to invest an undisclosed amount in the company. According to media reports, Ratan Tata stated that in the last few years, there has been a sea of changes in the attitude towards electric vehicles. This industry is changing rapidly and he places good value on the sound logic and the approach that the team at Torok Motors has taken. Earlier, Torok Motors raised funds from Bharat Forge and Ola Co-Founder Bhavish Aggarwal. Src: https://bit.ly/2MJboi4

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15 votes

Indian-American economist Abhijit Banerjee awarded Nobel Prize for Economics

Indian origin Economist Abhijit Banerjee has been awarded Noble prize for Economics for his approach to reduce global poverty. Banerjee was born in Kolkata, he studied in Calcutta University’s Presidency College and Jawaharlal Nehru University and then did a PhD from Harvard in 1988. According to media reports, Banjeree’s wife Duflo is the second and the youngest one to receive the economics award. As per the media report, the Noble committee stated that the research conducted by this year’s Laureates has considerably improved the ability to fight global poverty. In just two decades, Banerjee's new experiment-based approach has transformed and development economics, which is now a flourishing field of research. Src: https://bit.ly/2IOeoZs

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13 votes

Uttar Pradesh: Two men held for duping Amazon worth 1 crore

Recently, in Uttar Pradesh’s Lucknow, two men have been arrested for allegedly duping Amazon an online e-commerce company of worth Rs one crore. According to a media report, two men who are identified as Rahul Singh Rathore and Rohit Soni used to order high-end products, replace the product with inferior quality products and then cancel or return the booking which leads to losses of Amazon. The police had arrested them and seized their mobile phones with 29 sim cards and various fake stickers of high-end products. The Police had registered case under IPC and IT Act. Src: https://bit.ly/2BaTuzx

Kudos to @UPPolice

Ready to manufacture 5G radio products in India: Ericsson

Nunzio Mirtillo, Ericsson's Head of Market Area South East Asia, Oceania, and India, while addressing the inaugural day of the India Mobile Congress, stated that Ericsson has been in India for over 115 years and its commitment to this market has only grown over the years. Mirtillo further assured that Ericsson is ready to switch on the manufacture of 5G radios in India, for India bands and prepared to start deployments. Src: https://bit.ly/2VHP7VT

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19 votes