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UP resumes sale of ‘paan masala’ but with a condition

The Uttar Pradesh state government has lifted the ban on production and retail of nicotine and tobacco-less ‘paan masala’ products.




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Amazon, Future Group in talks over Future Retail stake sale

When contacted, the Future Group denied any such discussion saying that they are "speculative in nature".




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OnePlus announces OnePlus Bullets Wireless Z India availability details, gets Flipkart on-board for sales

OnePlus Bullets Wireless Z price in India is Rs 1,999 and the product will be available in three options, black, blue and oat.




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Redmi Note 9 Pro Max sales begin on May 12 in India

Redmi announced the Note 9 Pro and Note 9 Pro Max in India back in March. The Note 9 Pro went on sale in the country on March 17, but the sales of the Max variant were postponed due to the COVID-19 lockdown. However, the Chinese phone maker has now announced that Note 9 Pro Max will be available for purchase in India, starting from May 12 through Mi.com. This announcement from Redmi comes days after the Indian government eased lockdown restrictions in the country and allowed e-commerce companies to deliver non-essential goods in areas marked as orange and green zones. The Redmi Note...




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Your Queries: LTCG tax on sale of shares depends on holding period

Assuming that the shares are in the nature of ESOPs, they shall be taxed at two stages, once as perquisites in the hands of employees upon allotment and subsequently as capital gains upon sale of the shares.




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Your Queries: Income Tax -You can offset long term capital loss on share sale against any LTCG

Once tax liability is calculated, you may claim a deduction of TDS/ taxes paid on such rental income, to arrive at net tax demand due.




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OnePlus 8, OnePlus 8 Pro pre-orders are live on Amazon, sale date revealed




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Xbox Series X Gameplay and Titles Revealed




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OnePlus Bullets Wireless Z to be available on both Amazon and Flipkart, sale dates revealed




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AMD Ryzen 3 3300X and Ryzen 3 3100 India price revealed




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China flaunts French connection to Wuhan lab; ambivalent on WHO probe into origin of coronavirus

"The first batch of staff were trained at French labs," she said, adding that its equipment is tested every year by internationally recognised third parties.




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Rabindranath Tagore’s 159th birth anniversary: Why India’s love for ‘Gurudev’ is a continuing tale

India's love for Rabindranath Tagore is a continuing tale, thereby marking the nation's reverence for a great artist, poet and visionary.




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ICMR to study prevalence of asymptomatic COVID-19 infected people to check for community spread

Scientists at the Indian Council of Medical Research (ICMR) aim to begin the study at the earliest. 




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ICMR to study prevalence of asymptomatic Covid infected people to check for community spread

 The study can help ascertain whether there has been community transmission of the respiratory disease in those areas or not as the death toll due to COVID-19 rose to 1,886 and the number of cases climbed to 56,342 in the country on Friday.




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Cuts no ice: Why Alexandra Trusova’s 'betrayal' brought Russian figure skating to the brink of civil war

When Russian quad-jumping prodigy Alexandra Trusova parted ways with her famed coach, Eteri Tutberidze, she was quickly denounced as a traitor by some of her former colleagues.
Read Full Article at RT.com




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Moscow e-commerce sales jump 40% during coronavirus lockdown

The volume of online sales in the Russian capital grew rapidly in March, reaching 16 billion rubles (almost $218 million), according to the official Moscow mayor’s office website.
Read Full Article at RT.com




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How to delete conversations recorded by Amazon's Alexa

  In light of a recent debacle in which a family in Oregon, USA realised its conversation was surreptitiously recorded by Alexa and sent to a random contact on its phone, we thought it might be a good i...




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Honda Cars plans to redesign dealerships to provide better customer experience

Honda Cars implements new corporate identity for its dealer network.




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Two-wheelers: What dealers must do to retain customers

Quick and efficient service plays a crucial part in dealer profitability




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Royal Enfield drives Studio Stores to spread reach, cut dealership cost

For the April-July 2019 period, domestic sales declined by 22% to 2,23,612 units (as compared to 2,86,726 units sold in the same period last fiscal).




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Slow auto sales due to govt indecision; let sector reforms flip-flop not kill the industry

One of the reasons is bunching together of several regulatory changes announced by the government in a very short span of time without realising their full implication, a classic case of ‘reform for reform’s sake’.




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Medallia Integrates Facebook, Salesforce, Adds AI To Experience Cloud

Product announcements from day one of Medallia Experience 2018




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IT Industry in the USA has a mid-level talent crisis

Owing to the strict interpretations of rules which govern the H-1B work visa program Indian IT companies, as well as their customers, face a shortage of mid-level talent in the US.A major problemThere was a problem of talent at the entry-level in the…




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James Bond’s Aston Martin DB5 up for sale! Guns, tyre slashers, seat ejector and more

At RM Sotheby's auction, which is set to take place from 15-17th August, this James Bond spec Aston Martin DB5, which has the lot number '111', has a starting price tag of $4,000,000 to $7,000,000. This car restoration was completed back in 2012 alongside the refurbishment of all the 13 special effect modifications.




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Creating a talent pipeline for tomorrow

By 2020, more than a third of the desired core skill-sets of most occupations will be comprised of skills that are not yet considered crucial.



  • Jobs and Education

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Walmart puts Amazon on notice with sales beat, rosy outlook

Walmart sailed into the holiday season with stronger-than-expected sales and a boosted full-year outlook, signaling that the world’s largest retailer can more than hold its own against rival Amazon.com in the critical holiday weeks ahead.




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ICICI Bank launches voice banking services on Amazon Alexa, Google Assistant

This novel facility offers customers yet another way to connect with their bank from home at a time when they are advised to stay indoors in the wake of the nationwide lockdown, ICICI Bank said in a release.




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We’re in conserve, consolidate mode; crisis a great time to go digital: Mahabaleshwara MS, CEO, Karnataka Bank

Loan waiver schemes for agricultural loans introduced by some of the state governments may also help reduce stress to some extent.




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EXPLAINED: Tale of two moons

Coming back to the Galileo point, 2020 CD3 is not really unique, but we have been limited by our technology and rarely know when we get such occurences.




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ISRO’s Chandrayaan-3 launch schedule revealed, Gaganyaan mission on track

The Union Minister also said that the upgraded configuration in Chandrayaan-3 will make the spacecraft more robust in terms of design and it will also have an enhanced spacecraft capacity without compromising with the heritage of Chandrayaan-2.




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Tds under dtaa between uae and india on property sale by nri

AN NRI WANTS TO SELL HIS PROPERTY IN INDIA. UNDER I. TAX PROVISIONS THE BUYER IS SUPPOSED TO DEDUCT TDS @ 20% . WHETHER A LOWER RATE IS THERE UNDER THE data BETWEEN UAE AND INDIA?




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Tds rate under dtaa between uae and on property sale by nri

IN MY PREVIOUS QUERY THE WORD SHOULD BE DTAA AND NOT DATA.. THANKS.




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Hit contest showcases locked-down Jordanian talent

Jordan’s culture ministry launched the 'My talent from my home' contest in late March, and says it has since attracted more than 67,000 participants and 18 million social network views



  • Movies & TV

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Indian Museum Kolkata Sealed After Security Personnel Dies Of COVID-19

The Indian Museum in Kolkata was sealed on Friday after a CISF officer posted there died of COVID-19, an official said.




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SILVERSIDE ROAD ADA IMPROVEMENTS, VEALE ROAD TO WINDYBUSH DR

SILVERSIDE ROAD ADA IMPROVEMENTS, VEALE ROAD TO WINDYBUSH DR




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NovaLead identifies 42 approved drugs with potential to treat coronavirus

Novalead’s technology has a track record of successfully discovering repurposed drug candidates with its lead drug candidate currently being in Phase 3 trials in India, for diabetic foot ulcers.




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Mumbai’s Wockhardt Hospital sealed after 29 health workers, doctors test Coronavirus positive

The hospital’s admissions and out patient department services were sealed on March 28 after two nurses tested positive that day.




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Coronavirus: 73% of infected are male, 63% of dead over 60 years old, Govt analysis shows

An analysis of Covid-19 death cases by the health ministry also shows that 30% of the dead were in the 40-60 years age group, and just 7% were under 40 years.




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Testing capacity for COVID-19 scaled up to 95,000 per day, says Health Minister Harsh Vardhan

The testing capacity for COVID-19 has been scaled up to around 95,000 tests per day and a total of 15,25,631 tests have been conducted so far across 332 government and 121 private laboratories, Union Health Minister Harsh Vardhan said on Saturday.




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Sarojini Naidu Birth Anniversary: All About "Nightingale Of India"

Known as one of the most prominent figures in India's struggle for freedom from British rule, Sarojini Naidu was a political activist and a poet. Her work as a poet earned the name of "Nightingale of...




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Anker’s 60W 6-port wall charger is now on sale

Check out this discount on Anker’s 60W 6-port wall charger! If you have to charge multiple devices at once and don’t want to deal with multiple plugs, then this could be useful.




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VIP-SCDKey’s Spectacular Spring Sale has Windows 10 Pro for $14 and Office 2016 for $32

Looking to help breathe some new life into your laptop or desktop? Updating to Windows 10 is going to be a huge step forward for any laptop running Windows 7 or 8 and with the deals that VIP-SCDKey is running at the moment, you can get it done for less than $15.You can check out ...




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Tablet sales in India show growth of 9%

Tablet sales in India show growth of 9% - Android is market leader




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Tata Nexon EV Becomes India’s #1 Electric Car; Beats Hyundai Kona, MG ZS In Total Sales

Electric vehicles are being preferred and promoted over the conventionally operated vehicles, and soon enough, they will be the future. A lot of the top automobile manufacturing companies have launched multiple electric versions of their already existing models, such as the Hyundai Kona Electric, Mahindra e-Verito, Mahindra e2o, MG ZS EV, Tata Tigor EV 2019, […]

The post Tata Nexon EV Becomes India’s #1 Electric Car; Beats Hyundai Kona, MG ZS In Total Sales first appeared on Trak.in . Trak.in Mobile Apps: Android | iOS.




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These 4 States Allow Online Sales Of All Goods After April 20th; But There Are Exceptions

The Ministry of Home Affairs (MHA) released a set of revised guidelines this week which included full fledged operation of the ecommerce companies from April 20. However the Centre has left it to the state governments to decide in which areas and to ensure compliance with rules of social distancing and sanitisation. Flipkart, Snapdeal and […]

The post These 4 States Allow Online Sales Of All Goods After April 20th; But There Are Exceptions first appeared on Trak.in . Trak.in Mobile Apps: Android | iOS.




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Salesforce and other tech giants invest $24M in IFTTT to help it expand in enterprise IoT

IFTTT (If This Than That), a web-based software that automates and connects over 600 online services/software raised a $24M Series C led by Salesforce. Other investors include IBM and the Chamberlain Group and Fenox Venture Capital.

New apps and devices that made their way to IFTTT

The latest round brings IFTTT’s funding to $63M and it will use the funding proceeds to provide integration for enterprise and IoT services and hiring. In IFTTT’s platform, applets are code/script users need to deploy to integrate two or more services (such Google Drive’s integration with Twitter/Facebook).

“IFTTT is at the forefront of establishing a more connected ecosystem for devices and services. They see IFTTT as an important business, ecosystem, and partner in the industry,” said CEO Linden Tibbets.

Investment in IFTTT reveals that Salesforce is consolidating its presence in enterprise IoT space. It also acquired Mulesoft, an integration platform that rivals Microsoft’s BizTalk.

IBM’s investment in IFTTT is also noteworthy as the former is pushing its IBM Watson IoT platform. The following statement also shows its keen interest in IFTTT.

“IBM and IFTTT are working together to realize the potential of today’s connected world. By bringing together IBM’s Watson IoT Platform and Watson Assistant Solutions with consumer- facing services, we can help clients to create powerful and open solutions for their users that work with everything in the Internet of Things,” said Bret Greenstein, VP, Watson Internet of Things, IBM.

Other recent investments in IoT companies include $30M Series B of Armis and Myriota's $15M for its IoT satellite-based connectivity platform.

For latest IoT funding and product news, please visit our IoT news section.




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Vesper closes $23M Series B for its sensor-based microphone: Amazon Alexa Fund among investors

Vesper, the maker of piezoelectric sensors used in microphone production and winner of CES Innovation Award 2018 raised a $23M Series B round. American Family Ventures led the investment with participation from Accomplice, Amazon Alexa Fund, Baidu, Bose Ventures, Hyperplane, Sands Capital, Shure, Synaptics, ZZ Capital and some undisclosed investors.

Vesper VM1000

Vesper’s innovative sensors can be used in consumer electronics like TV remote controls, smart speakers, smartphones, intelligent sensor nodes, and hearables. The company will use the funding proceeds to scale-up its functions like mass production of its microphones and support expanded research and development, hiring, and establishing international sales offices.

The main product of Vesper is VM1000, a low noise, high range,single-ended analog output piezoelectric MEMS microphone. It consists of a piezoelectric sensor and circuitry to buffer and amplify the output.

Vesper VM1010

The hot-selling product of Vesper is VM1010 with ZeroPower Listening which is the first MEMS microphone that enables voice activation to battery-powered consumer devices.

The unique selling point of Vesper’s products is they are built to operate in rugged environments that have dust and moisture.

"Vesper's ZeroPower Listening capabilities coupled with its ability to withstand water, dust, oil, and particulate contaminants enables users that have never before been possible," said Katelyn Johnson, principal of American Family Ventures. "We are excited about Vesper's quest to transform our connected world, including IoT devices."

Other recent funding news include $24 raised by sensor-based baby sock maker Owlet, IFTTT banks $24M from Salesforce to scale its IoT Enterprise offering, and Intel sells its Wind River Software to TPG.




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Amber Solutions raises $3.3M Series A to fast track sales of its smart electrical products

Amber Solutions, an IoT product company that sells smart outlets, switches and circuit breakers closed Series A Preferred Stock round of financing that equals $3.3M in gross proceeds. Amber will use the funds to support the commercial development of Amber's core technologies.

One of Amber’s product is solid-state circuit interrupter (GFCI) that basically stops harmful levels of electricity from passing through a person. It operates as a safety device alerting the homeowner of electrocution incidents in real time.

"We are pleased that our investors are embracing Amber's vision of bringing superior IoT intelligence and connectivity to a highly strategic area--the single gang box locations within the standard electrical infrastructure in homes and buildings," said Amber Solutions CEO Thar Casey.
"Amber's smart outlets and switches strategically aggregate IoT sensors and functions within a structure's single gang box locations. This means a more discreet and yet wider array of IoT sensing and control in every room than is typical today,"Casey further added.

Amber Solutions’ core markets are builders that prepare smart home/smart building ready infrastructure, certified electrical contractors or remodelers, and electrical manufacturers.

Amber products

Other latest funding news include Owlet’s $24M Series B, Axonize’s $6M Series A round and addition of Deutsche Telekom as its strategic investor, and $30M Series B raised by Palo Alto-based Armis.




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Smart lock company LockState closes $5.8M Series A to fast track sales & partnerships

Smart Lock Company LockState raised $5.8M Series A in new investment to fund its aggressive sales and marketing and partner development plan. The company previously raised $740K seed round and $1M in a round led by angel investors. The lead investor in latest round was Iron Gate Capital. Other investors include Kozo Keikaku Engineering Inc, Nelnet and Service Provider Capital.

Access Control Dashboard and WiFi Smart Locks

The company’s Wi-Fi-enabled RemoteLock is used by 1000s of Airbnb and other vacation rental hosts. It helps hosts remotely provide access to guests. Locking/unlocking codes can be generated via a host’s computer or smartphone.

RemoteLock’s prices start at $299 which is its algorithmic ResortLock. The most pricey lock by LockState is its ‘RemoteLock 7i Black WiFi Commercial Smart Lock’ which costs $479.

Another core product of LockState is its cloud-based remote access platform for internet-enabled locks. It implies users can remotely manage their (internet-enabled) locks via LockState’s cloud platform.

Unlike smartphones and watches, customers don’t look forward to upgrading their smart locks or buying one when new models are launched. Thus, smart lock companies offset this disadvantage by partnering with property management and short-term rental companies to get new customers.

LockState has partnered with vacation rental brands like Airbnb, HomeAway, and other listing partners to automate guest access.

“We are expanding our footprint and moving into a new warehouse office that is more than twice the size of our current office. We’re also staffing up our sales and marketing teams. We’ve accomplished a lot without investing heavily in marketing so we’ll support that area to keep our momentum going. We intend to expand into new business-to-business and enterprise verticals where we’re seeing the market grow. We are also dedicating budget toward development.” Nolan Mondrow, CEO of LockState in a statement released to news site Venture Beat

Igloohome a Singapore-based smart lock company also raised an investment of $4M in April this year.




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Seychellois Rupee(SCR)/Nepalese Rupee(NPR)

1 Seychellois Rupee = 7.0442 Nepalese Rupee