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SpiceXpress, Delhivery join hands for commercial drone delivery
Drone delivery is the future of logistics and both companies have joined hands to experiment with drone technology to provide state-of-the-art services and make it more popular in the coming years.
The technology will be tested for several commercial applications like emergency services, delivery of goods, critical medical services and environmental monitoring. Delhivery will provide the necessary on-ground support to ensure speedy and reliable first-mile and last-mile logistics.
S&P cuts India’s FY22 growth forecast to 9.5 pc
Google expands Jio partnership with Indian smartphone, cloud tie-ups
India is the world’s second-biggest mobile market with about 530 million smartphone users, but more than 300 million people still use legacy feature phones, Hong Kong-based tech consultancy Counterpoint Research says.
“This (the smartphone) is a testimony to a global technology giant and a national technology champion working together to make truly a breakthrough product that can be first introduced in India and then taken to the rest of the world,” Ambani said.
He did not specify a price but promised it will be the most affordable smartphone “not just in India, but globally”.
Reliance to set up 100 GW solar power plant, to invest Rs 75k in clean energy business
Reliance will set up 100 GW of solar power generating capacity.
`We plan to build four Giga Factories to manufacture and integrate all critical components of new energy ecosystem solar photovoltaic module factory, energy storage battery factory, electrolyser factory, fuel cell factory,” Ambani said.
These four factories will involve an investment of Rs 60,000 crore.
International
3 major automakers partner to develop autonomous vehicle safety standards, testing
General Motors Co., Ford Motor Co. and Toyota Motor Corp. said in a statement they are joining forces with automotive engineering group SAE International to establish autonomous vehicle “safety guiding principles to help inform standards development.”The group will also “work to safely advance testing, pre-competitive development and deployment,” they added.
Apr 1 renewals:Rational pricing highlights reinsurance market’s stability and maturity,Willis Re
More US industries depend on weather tracking
About one-third of the U.S.’s $18 trillion gross national product is generated by industries vulnerable to changes in the weather. There were 14 weather events that caused at least $1 billion in damages in the U.S. last year, according to the National Centers for Environmental Information. That’s more than the 6.2 per year average from 1980 to 2018.
Ethiopian crash could be largest nonwar aviation reinsurance claim: Willis Re
Liability claims for the passengers’ loss of life and in relation to the grounded aircraft could total around a billion dollars, James Vickers, chairman of Willis Re International, told Reuters by phone, a large sum for the aviation reinsurance market which Vickers said was “very small and very, very specialist.”
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