Howdy,
Tata Consultancy Companies is in no temper to let go of its workers and is, actually, seeking to rent startup workers who’ve misplaced their jobs, its chief Human Sources officer Milind Lakkad has mentioned.
In different constructive information, former Niti Aayog Vice Chairman Rajiv Kumar believes India is prone to clock 6% progress within the subsequent fiscal 12 months. That is at a time when main dangers going ahead will emerge from a synchronised downturn within the North American and European economies.
ICYMI: Final week, 80 minutes of uncut footage of the Titanic shipwreck was launched to the general public. The video was shot in 1986 by a joint group from the Woods Gap Oceanographic Establishment (WHOI) and the French Institute for Analysis and Exploration of the Sea (IFREMER) throughout the first detailed examine of the wreck.
And, in a human victory over AI, Kellin Pelrin comprehensively defeated a top-ranked AI system on the board sport Go. The win was a shock reversal of the 2016 laptop victory that was seen as a milestone within the rise of synthetic intelligence. Pelrin, nevertheless, did use a method devised by one other laptop program.
In as we speak’s e-newsletter, we are going to discuss
- Age-tech startups take child steps
- Mars Wrigley’s India goals
- Recycling sanitary pads
Right here’s your trivia for as we speak: What’s the identify of the British laptop scientist who invented the World Large Internet in 1989?
Startups
Age-tech startups take child steps
Mumbai-based GoodFellows is amongst a small however more and more seen group of elderly-focussed startups drawing investor consideration. The marketplace for startups growing options for senior care is huge and ranges from senior residential communities, geriatric care, elder-friendly merchandise, jobs for retirees, and journey, to counselling and companionship companies.
Constructing communities:
- India’s aged inhabitants is projected to extend to 320 million by 2050 from about 138 million in 2021, per a report by the Ministry of Statistics and Programme Implementation.
- Outstanding among the many Tier-II cities for senior residential amenities are Coimbatore, Puducherry, Vadodara, Bhopal, Jaipur, Mysuru, Dehradun, Kasauli and Kanchipuram. Tier-I cities embrace Bengaluru, Chennai, Pune and Noida.
- In January, Morgan Stanley India Infrastructure, through its North Haven India Infrastructure Companions fund, backed Chennai-headquartered Athulya Senior Care with a Rs 77-crore cheque.
FMCG
Mars Wrigley’s India goals
Snickers-maker Mars Wrigley has invested over Rs 1,000 crore in its manufacturing items in India over the past seven years. The corporate is now aiming to deploy further funds to ramp up capability in its Pune and Baddi items in an try and widen its distribution in smaller cities, cities, and rural areas.
A candy deal with:
- Mars Wrigley just lately launched a heat-robust formulation of Snickers focused towards rural areas, protecting the temperature, logistics, and kinds of shops in thoughts.
- In 2019, it launched almond Snickers, particularly for the Indian market. Lately, a brand new darkish chocolate variant, Galaxy Fusion, was launched to attraction to the rising darkish chocolate-loving neighborhood.
- Together with localising variants, Mars Wrigley additionally tailor-made value factors to turn into extra interesting and reasonably priced to Indian shoppers. The choices span value factors between Re 1 and Rs 150.
Inspiration
Recycling sanitary pads
Seeing ragpickers decide used sanitary napkins with their naked palms moved Ajinkya Dhariya to arrange PadCare Labs, an ecosystem that gives an end-to-end resolution for sanitary waste disposal.
Aside from increasing its attain in India, PadCare goals to discover markets in Canada, Singapore, and the UK.
A brand new begin:
- India generates round 3.37 lakh tonnes of waste from sanitary napkins and child diapers, the place not even 50% of girls use sanitary napkins. A sanitary pad could take as much as 500-800 years to decompose.
- Together with sanitary serviette merchandising machines, the corporate developed PadCare bins to be put in in washrooms, the place used sanitary waste could be collected and saved for as much as 30 days and nonetheless stay freed from odour and bacterial progress.
- In 2020, PadCare Labs raised an undisclosed quantity in its pre-seed funding spherical from the expertise startup incubator Enterprise Middle below BIRAC’s LEAP Fund.
Credit score: Ajinkya Dhariya, Founder, PadCare Labs
Information & updates
- True digital nomad: Starlink’s testing a brand new satellite tv for pc web service it says will let customers “join from virtually wherever on land on this planet,” in keeping with a message some Starlink customers have obtained. The SpaceX-owned firm calls it “World Roaming Service” and says it’ll price $200 per thirty days along with the bottom $599 Starlink Equipment.
- Say hello: Google Meet’s launching new 360-degree digital backgrounds for video calls on cellular. Whereas Google first introduced the brand new characteristic final month, now it’s rolling out on each iOS and Android and makes use of your system’s gyroscope to maneuver with you.
- Oops: A collector visiting a up to date artwork honest by accident knocked over a small glass sculpture by the famend artist Jeff Koons, shattering it to items. The shiny blue sculpture, certainly one of Koons’ well-known “balloon canine” sequence, was valued at $42,000 (£35,000).
What’s the identify of the British laptop scientist who invented the World Large Internet in 1989?
Reply: Tim Berners-Lee
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