Miscellany

Miscellany

Bosch to invest over 1,700 cr in India by 2020

Global technology and services major the Bosch Group will invest 220 Million Euros (over 1,736 crore) in India in next three years to expand its operations.

 “To meet the rising demand for tailored solutions in the Indian market and also to increase India’s contribution to Bosch’s global network, we will invest 220 million euros over the next three years,” group CEO Dr Volkmar Denner announced Wedn-esday.

A major portion of this fund will go into expanding Bosch’s smart campus in Adugodi, Bangalore and also towards modernising its manufacturing facilities.

India clocks fastest growth in HNI population and wealth

India was globally the fastest-growing market in terms of high net-worth individual (HNI) population and wealth in 2017. By growing HNI population by 20.4 per cent and HNI wealth by 21.6 per cent, India also inched up to the 11th position in the list of countries with HNI population.

Firms must resist bigotry, say experts

Secular India’s political narratives are increasingly becoming divisive with some politicians and political parties openly encouraging and endorsing bigotry, said HR, diversity and marketing experts here on

Tuesday.

However, the trade should be responsible and sensitive enough to resist elements of bigotry and communal talks and focus on creating an inclusive culture at workplaces, they said in the backdrop of recent Airtel fiasco.

IndiQube raises Rs100 cr

Bangalore based IndiQube, a smart workspace solutions provider has raised Rs 100 crore.

Praising the success, co-founder and chairman of firm Rishi Das said, “IndiQube embarked on this fabulous journey in 2015 with amazing like-minded people who believed in us. We are now very excited to have WestBridge Cros-sover Fund, one of the leading PE investors in India, partner with us to help build out this vision for work spaces of the future.’’

Indian consumers less aware of online frauds

Indian consumers are digitally driven but are less aware about online frauds when compared to their counterparts in APAC countries like Singapore and Hong Kong, says a recent Experian’s Digital Consumer Insights report.

The risk for online fraud is escalating as both brands and consumers are looking for easier ways to buy and sell products online, observes the study,

Supermassive blackhole spotted destroying star

For the first time, astronomers have directly imaged the formation and expansion of a fast-moving jet of material ejected when a supermassive black hole ripped apart a star that wandered too close to the cosmic monster.

The scientists tracked the event with radio and infrared telescopes, including the National Science Foundation's Very Long Baseline Array (VLBA), in a pair of colliding galaxies called Arp 299, nearly 150 million light-years from Earth.

US, Canada bound students have to take maternity, mental illness, drug addiction cover

Students who are keen on studying in the US and Canada have to buy travel insurance policies that will include maternity and baby cover and riders covering mental illnesses and alcoholic disorders.

Usually, travel insurance is taken to protect a person travelling abroad from untoward incidents, including loss of baggage, travel documents and medical emergency. Universities and embassies in the US, Canada and some of the European countries mandatorily require travel insurance for foreign students.

Monsoon washes away Nipah woes, boosts Kerala tourism

After a month-long lull, tourism in Kerala is all set to warm up with monsoon washing away the woes brought in by the Nipah virus. Nipah indeed played a dampener and tourism, the state’s biggest revenue earner, was an immediate casualty. Most of the tour/travel/leisure bookings were cancelled, but things have become normal in the last 15 days with monsoon holidays kicking in, say travel agents.

BSDU to emerge as largest skill development university

UGC-recorgnised Bhartiya Skill Development University (BSDU), one of the handful of skill development universities in the country, founded by Switzerland-based Indian scientist Rajendra Joshi (who is credited for the invention of Tecfidera-BG 12), a medicine against multiple sclerosis (MS), is in the process of shelling out nearly Rs 600 crore over the next four years to emerge as the largest skill development university in the country with 36 different schools and a student base of 10,000.

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