The Economic Times
2 hours
"My own estimate is that today about 5% of personal consumption expenditure in India is digital, and I am very confident that next year or so."
Autocar
a month
Drive is sent to all four wheels through a six-speed paddle-shift manual gearbox as before, but the drivers can now adjust the percentage of torque sent to each end using a new active central differential. When asked how much difference the upgraded drivetrain of the 2017 car would have on performance at the car's launch, both the drivers and team leaders said straight-line speed would improve, but it wouldnt necessarily be noticeable to spectators. However, all agreed that the new car’s bigger aerodynamic package would make a large difference to pace, helping the 2017 i20 Coupe WRC to cut its stage times by around 1sec per kilometre. Hyundai Motorsport team principal Michel Nandan said: “[This new era] is a great new technical challenge and one that we have tackled with enthusiasm. It’s an opportunity to put into practice everything we have learned and experienced in the past three seasons.
The Economic Times
a month
Autocar
a month
The Economic Times
2 months
Autocar
2 months
When asked how much difference the upgraded drivetrain of the 2017 car would have on performance, both the drivers and team leaders said straight-line speed would improve, but it wouldnt necessarily be noticeable to the naked eye. However, all agreed that the new car’s bigger aerodynamic package would make a large difference to pace, helping the 2017 i20 Coupe WRC to shave around 1sec per kilometre travelled from its stage times. Hyundai Motorsport team principal Michel Nandan said at the reveal “[This new era] is a great new technical challenge and one that we have tackled with enthusiasm. It’s an opportunity to put into practice everything we have learned and experienced in the past three seasons. All teams are starting from scratch so we are on equal footing.” “We aim to be champion,” added Hyundai Motorsport president Gyoo-Heon Choi. “We are taking this very seriously and want to be at the top.
The Economic Times
2 months
"There will definitely be some amount of short term pain in the coming weeks. But you will see this acceleration is going to benefit everybody," he said.
The Economic Times
2 months
The Economic Times
2 months
FIA World Rally Championship
2 months
The Economic Times
3 months
We present the data to banks who extend credit and also offer working capital loans at an interest rate of 12-15%,” said R Narayan, chief executive of Power2SME, which recently onboarded Infosys cofounder Nandan Nilekani as a strategic investor. “We are trying to create a digital SME system and will soon aggregate services from insurance companies, lawyers and human resources agencies,” said Narayan. Power2SME, founded in 2012, retails raw materials sourced from JSW Group and Steel Authority of India to about 3,500 small and medium businesses. The new tax regime Implementation of the Goods and Services Tax, replacing multiple layers of indirect taxation levied by various state and Central governments, will be critical to how SMEs view their sourcing needs. The Union government is determined to transition to GST from the next financial year. When that happens, likely next year, what could work “in favour of ordering online is the fact that I dont need to get involved in the intricacies of filing service tax, excise regulations for each state I am sourcing from,” said Uttam StripsSharma, who sources hot-rolled steel on Power2SME.
The Economic Times
3 months
I have no problem as long as I, or Reliance gets ragged. We are big boys, we can take it. But the consumer should not suffer. I have enough faith in the maturity of our operators and our governance system, that at the end of the day, we can always inspire each other.” Man who has made history “It is important not to have the attitude ke isne kiya to yeh accha nahi hai (If he has done it, it wont be good). I think that the work that my friend Nandan Nilekani has done (with regard to Aadhaar) will go down in history. When your children are citizens of India, they will say there was one Nilekani who did phenomenal work in 2009 putting India on the digital map in terms of financial inclusion
The Economic Times
3 months
But thanks to a sustained fall in oil prices, jet fuel now accounts for only 35-40% of their cost of operations. The price of jet fuel in Delhi fell to Rs 45,411 per kl in September 1, 2016 from Rs 67,525 per kl two years, according to data from Indian Oil, the country's largest fuel retailer. Fuel Factor Air India's case is no different. Its fuel bill in 2015-16 decreased by about Rs 2,600 crore from a year ago. Fuel cost constituted about 24% of the airline's total cost during 2015-16 compared with 32% of the total cost during the 2015 fiscal. "The number one factor that helped us achieve profits was low oil prices," says Air India CMD Ashwani Lohani. Lohani, an Indian Rail Service officer, replaced Rohit Nandan as CMD in August 2015. He inherited from Nandan a stable airline that had weathered many crises, including a 58-day-long strike by pilots in 2012.
The Economic Times
4 months
HYDERABAD: Infosys co-founder Nandan Nilekani today put a primacy on reskilling and education overhaul as "a lot of jobs that exist today will not exist in future". "We have to do something and make our education system far more innovative and creativity-based because in future, a lot of jobs that exist today will not exist. A lot of new jobs will get created", the former chairman of the Unique Identification Authority of India (UIDAI) said. "So, people will have to go in for life-time continuous learning mode and learn new ideas and skills throughout their working career. So, the education system will have to respond with a whole new model of providing life-long education, just in time, highly personalised... so that big change is required," Nilekani told PTI. He also said automation, machine-learning, artificial intelligence and bots are happening, both in the software and business process outsourcing sector.
Top Speed
4 months
According to Hyundai, prototypes have been tested since April across numerous locations in Europe and in a variety of different conditions. Testing is set to continue toward the end of the year in order to get the car ready ahead of its debut at Rallye Monte Carlo in January 2017. "The 2017 WRC regulations have allowed all teams to start from a blank page, which has offered us an exciting engineering challenge. The changes will raise the level of entertainment in WRC on stages around the world with wider and more powerful cars. We have been putting our experience from two full seasons of WRC into practice, as we aim to build on our successful 2016 campaign," said Hyundai Motorsport team principal Michel Nandan. The final version of the 2017 Hyundai i20 WRC will be revealed by the end of 2016. Continue reading to learn more about the Hyundai i20 WRC.
Autocar
4 months
Hyundai team principal Michel Nandan hopes the changes will raise the level of entertainment for fans. “The 2017 WRC regulations have allowed all teams to start from a blank page, which has offered us an exciting engineering challenge,” he said. “The 2017 car started testing in April, with initial work centred on engine and powertrain testing. More recently, we have looked at suspension, differential and aero. There will be some small evolutions on both chassis and engine later this year. We look forward to revealing the final version of our 2017 car later this year.” Hyundai is in action with three current-generation i20 WRCs this weekend in the Tour de Corse, the France round of the championship. This season has been its most competitive so far, with the team picking up wins in Argentina and Sardinia, as well as podium finishes in Monte Carlo, Sweden, Poland and Germany. Phill Tromans Citroen recently revealed its 2017 challenger in concept form.
The Economic Times
4 months
However, Brahmins and other upper castes are unhappy with Mayawati raking up the reservation in promotion issue. An indication of Brahmins not being very hopeful about BSP came when Brajesh Pathak- a senior Brahmin leader of BSP- joined BJP recently. At 11 per cent, Brahmins are the third largest caste group after Dalits (21 per cent) and Muslims (18 per cent). Congress is leaving no stone unturned to win over the Brahmins- a caste that was loyal to it during the Indira Gandhi years. Leaders like Kamlapati Tripathi and N D Tiwari- as well as Hemwati Nandan Bahuguna till he fell out with Sanjay Gandhi- were among the prominent Brahmin faces in the Congress. Guided by Prashant Kishor, Congress is now trying to woo back the Brahmins by declaring Sheila Dikshit its CM face. But if LS polls are any indication, Brahmins appear to be largely with the BJP.
The Economic Times
4 months
NEW DELHI: India has approved an ambitious $1.04-billion project for constructing and upgrading 558 km of roads to link it with Bangladesh, Bhutan and Nepal and ease the movement of passengers and cargo, as part of the larger effort to increase inter-regional trade by 60 per cent. The new project has been given an official nod by India's Department of Economic Affairs with 50 per cent funding from the Asian Development Bank (ADB), officials told IANS, adding that the road project will cover West Bengal and Manipur on the Indian side, as of now. "The mandate is for completing the project within the next two years," a senior official said. "The primary idea behind the Bangladesh-Bhutan-India-Nepal (BBIN) road initiative is to improve ground connectivity in the region," said Leena Nandan, Joint Secretary, Ministry of Road Transport and Highways. "We have taken up five highway stretches in the country, which are very important for such a connectivity to succeed.
The Economic Times
4 months
The Economic Times
4 months
The Economic Times
5 months
The Economic Times
5 months
The Economic Times
5 months
NPCI has been working on UPI since February 2015 under the guidance of Nandan Nilekani, co-founder of Infosys and former chairman of the Unique Identification Authority of India (UIAI). As of now, 29 banks are a part of the UPI network, out of which 15 major banks have already integrated the interface into their smartphone apps. These banks include ICICI Bank, Axis Bank and few others. However, India's largest lender State Bank of India (SBI) is yet to have an UPI app but they have said that they are in the process of developing the application. UPI can be used for grocery shopping at the supermarket, or online shopping as well. It will eliminate the need of entering card details such as number, expiry date, CVV code and OTP. UPI decoded 1) UPI is integrated with your bank's app 2) Once you register, a unique 'virtual address' will be created, which will be mapped with your mobile phone.
The Economic Times
5 months
NPCI has been working on UPI since February 2015 under the guidance of Nandan Nilekani, co-founder of Infosys and former chairman of the Unique Identification Authority of India (UIAI). As of now, 29 banks are a part of the UPI network, out of which 15 major banks have already integrated the interface into their smartphone apps. These banks include ICICI Bank, Axis Bank and few others. However, India's largest lender State Bank of India (SBI) is yet to have an UPI app but they have said that they are in the process of developing the application. UPI can be used for grocery shopping at the supermarket, or online shopping as well. It will eliminate the need of entering card details such as number, expiry date, CVV code and OTP. UPI decoded 1) UPI is integrated with your bank's app 2) Once you register, a unique 'virtual address' will be created, which will be mapped with your mobile phone.