Jaguar Land Rover India has broadened the appeal of the F-TYPE with the introduction of the state-of-the-art four-cylinder Ingenium petrol engine. The award-winning F-TYPE now spans from the entry-level four-cylinder model to Jaguar’s 322 km/h, all-weather supercar – the F-TYPE SVR. The all-aluminium sports car with the 221 kW 2.0 l turbocharged petrol motor delivers Jaguar sports car DNA with enhanced agility and improved efficiency and affordability.
The Ingenium engine contributes to an overall vehicle weight reduction of 52 kg – most of which is over the front axle – and this is key to the four-cylinder F-TYPE’s enhanced agility. Meticulous tuning of the chassis to complement the new engine delivers even greater steering response, body control and ride comfort. A finely-tuned active exhaust is standard on entry-level F-TYPE models, while the R-Dynamic variants feature a switchable active exhaust for an even more involving driving experience.
Rohit Suri, President & Managing Director, Jaguar Land Rover India Ltd. (JLRIL), said, “We are very excited about the introduction of the 2.0 l engine on the F-TYPE. This will make our sportscar brand more accessible to Jaguar fans and customers across the spectrum. Enthusiasts are sure to be thrilled by the appeal of this pure breed F-TYPE with its own unique driving character.”
More information on the Jaguar F-TYPE can be found on www.jaguar.in
Jaguar Product Portfolio in India
The Jaguar range in India includes XE (starting at ₹ 39.73 Lakh), XF (starting at ₹ 49.58 Lakh), F-PACE (starting at ₹ 62.99 Lakh), XJ (starting at ₹ 110.38 Lakh) and F-TYPE (starting at ₹ 90.93 Lakh). All prices mentioned are ex-showroom prices in India.
Unacademy, India’s largest learning platform, announced the closing of its $21 million Series C funding round from Sequoia India, SAIF Partners, and Nexus Venture Partners. Blume Ventures also participated in this round. Unacademy has raised $38.6 million in total so far. The funds raised will be utilised to onboard new educators on the platform, penetrate deeper in categories including pre-medical, GATE and CAT, and further strengthen the core product and technology team.
Commenting on the announcement, Gaurav Munjal, Co-Founder and CEO, Unacademy said, “Right from the outset, we have focused on growing the platform by empowering the best educators. We have grown tremendously since our inception, and just last month, more than 3000 educators were active on the platform and lessons created by them were watched more than 40 million times by learners. I am thankful to our existing investors for infusing Unacademy with growth capital and reaffirming their faith in us. We will utilise these funds to invest heavily in our product and technology to make Unacademy one of the best global internet products out of India. We remain committed to growing our platform with more educators, learners and categories.”
"Sequoia India is thrilled to lead the new round in Unacademy, which is already making a big impact in India’s online learning space. Gaurav, Roman and Hemesh are driven founders with a very focused mission, and that is having a clear effect on the pace of production innovation, team building and overall growth," said Shailendra Singh, Managing Director, Sequoia Capital (India) Singapore.
Unacademy was founded by Gaurav Munjal, Roman Saini and Hemesh Singh in 2015. The platform empowers educators by making it easy for them to create high quality educational lessons on the Educator App, that learners access via the Learning App.
In October 2017, Unacademy also launched ‘Plus’ courses on its platform with a private discussion forum, live video classes, and a personalised classroom learning environment with its top educators. Currently, more than 30 educators take paid ‘Plus’ courses on the platform apart from the lessons that are also available for free. Since the launch of Plus courses, the company has achieved a 6x growth in its monthly revenue.
“Unacademy has demonstrated tremendous progress towards their goal of delivering personalized learning by connecting great quality educators and students on their platform. The company has diversified across several new domains and has achieved amazing word of mouth among learners. We are excited to continue supporting Gaurav and team in their journey,” said Alok Goel, Partner, SAIF Partners.
“We are super excited to support the Unacademy team on their mission to become India’s largest online learning platform. The team has done a great job in building market leadership in the government test preparation domain since we led their Series A round in early 2017, and they are aggressively expanding to new examination categories,” said Sameer Brij Verma, Managing Director at Nexus Venture Partners.
State Bank of India, the country’s largest lender will organize Kisan Mela at nearly 875 rural and semi-urban branches across Karnataka on 18th July, 2018. Kisan Mela is one of its kind initiative by SBI to develop connect with farmer customers, resolve their grievances and educate them about various their rights and banks initiatives. The Bank which has close to 1.50 cr. farmer customers, plans to connect with atleast 10 lakh farmers through this mega Kisan Mela.
SBI had recently organised Kisan Mela which attracted over 6 lakh farmers across various locations in the country.
As part of Kisan Mela, bank also offers KCC farmers an enhancement of 10% to their credit limit on renewing the account. SBI has taken this initiative to reach out to the farmers to educate about the benefits of renewing KCC account to get maximum benefits of interest subvention from Government and coverage under Pradhan Mantri Fasal Bima Yojana. Bank will also make farmers aware about the benefits of timely renewal of KCC account and usage of KCC Rupay Card for transactional convenience.
In addition to this, SBI will sensitise farmers on various Agri-products of the bank like Asset Backed Agri-loan, Mudra Loan and loans on other allied agri activities.
With the increased adoption of automation across industries, job seekers for robotics profiles have seen a significant jump over the last few years with Maharashtra having maximum openings in this sector, says a report.
According to data from global job site Indeed, there has been a rise of 186 per cent in the number of job seekers for robotics profiles between May 2015 and May 2018. During the same period, job postings in the sector grew 191 per cent.
During the same period, job postings in the sector grew 191 per cent. "Robotics is one of the most exciting sectors emerging in India today. Sectors like construction, manufacturing and healthcare are boosting the demand for robotics talent, and there is enormous scope for its application across an even wider array of industries," said Sashi Kumar, Managing Director, Indeed. Kumar further noted that "as access to internet connectivity and open source platforms improves, a favourable environment for the sector’s growth and development is being created. Even as people fear that automation will take away jobs, robotics is creating new job opportunities for skilled resources."
Over the last three years, while job seekers are increasingly looking at working in the robotics sector, companies within the sector are slowing down in terms of hiring. "Following the initial spurt in growth in 2015, driven by the government's investment of USD 13 billion in robotics under its Make in India initiative, hiring for robotics profiles has slowed considerably," the report said.
The data further indicates that Maharashtra is the leading state in India for those seeking job opportunities in the robotics sector. Karnataka, which houses India's Silicon Valley Bengaluru, and Telangana, of which upcoming technology hub Hyderabad is a part, come second and third in terms of job seekers in the sector.
The state will have its second agricultural engineering college on Gandhi Krishi Vignana Kendra (GKVK) campus in Bengaluru. The government has already issued a notification in this regard.
At present, an agricultural college is functioning from the GKVK campus and it would be upgraded as agricultural engineering college. The new college will get accreditation from the Indian Council of Agriculture Research and function as an independent institution under the University of Agricultural Sciences (ICAR). The funds released by the ICAR will be used for the research and betterment of the infrastructure facilities on the campus.
“We have good infrastructure to become an agricultural engineering college. As the admission process has started this year, we will be adding new courses from next year depending on the demand. But we will function as agricultural engineering college from this academic year only. We will add some more courses at MTech and PhD levels,” a senior official of agricultural college in GKVK told the media.
Presently, India has 23 agricultural engineering colleges. The first agricultural engineering college in Karnataka was established in Raichur. The agricultural engineering institute, which was offering diploma courses in agricultural engineering since 1969 was upgraded as agricultural engineering college in 1987.
Dr M Veerannagouda, Dean, college of agricultural engineering, Raichur, welcomed the government’s move. “There is lot of demand for agricultural courses at present. Being an agricultural engineering college, GKVK can offer more courses in MTech and PhD. More staff need to be recruited for the institution,” he said.
Union Minister Arun Jaitley exuded confidence that India will pip Great Britain to become the fifth largest economy in the world next year if economic expansion continues at the projected rate.
However, rising international crude oil prices and the global trade war would throw up challenges going forward, he said. “If we keep growing at the rate which is being projected, it is likely that next year we will be the fifth largest economy ahead of Great Britain,” Jaitley said in a Facebook post titled ‘The Congress Gave Slogans to Rural India - Prime Minister Modi Gave Resources’. “This is in consonance with the rest of the narrative. Being the fastest growing economy for the last four years, we can look at the next decade as one of economic expansion,” he added.
A latest World Bank report has said that the Indian economy has become world’s sixth-biggest economy, pushing France to seventh place. The US tops the list followed by China, Japan, Germany and Britain.
The new calculations were arrived on the basis of Indian economy’s performance in 2017. India’s gross domestic product (GDP) was valued at $2.597 trillion at the end of 2017 overtaking the French economy, which was amounted at $2.582 trillion last year.
“We have already seen a significant move up in India’s ranking in the ease of doing business and as a preferred investment destination. Today we stand to be tested in the midst of a global challenge thrown up on account of the international crude oil prices and the trade war,” Jaitley said.
Crude oil prices, which were around $66 a barrel, in April are now hovering around $75 a barrel. The Indian economy is estimated to grow at 7% to 7.5% in the current fiscal, higher than 6.7% growth clocked in 2017-18 fiscal.
“The recently released World Bank data reveals that India has now become the sixth largest economy relegating France to the seventh position. Obviously, on account of disparity in the size of the population, there would be a very significant difference in the per capita of the two countries,” he said.
Airbus BizLab subsidiaries, Navblue and Aerial has signed contracts with three Indian startups with an aim to establish a new industry benchmark in aeronautical data services, flight operations and imagery services.
Airbus BizLab subsidiaries, Navblue and Aerial signed contracts with three Indian startups here in Bangalore with an aim to establish a new industry benchmark in aeronautical data services, flight operations and imagery services.
The contracts were signed with Eflight, a Bengaluru-based startup, Stelae Technologies and Airpix Devices based out of Chennai and Navi Mumbai respectively.
"For the last couple of years I have been convinced with the potential and the quality of entrepreneurs in India. I am pleased to see that all these partnerships between Airbus and Indian startups are proving me right," Airbus BizLab, Global Head, Bruno Gutierres, said on the occasion.
As part of the take-off programme, Airbus BizLab will sponsor two travels to Europe for Indian startups in a period of six months as well as fund up to 50,000 euros to them for the demonstration of proof of concept.
Navblue, Chief Strategy and Innovation Officer, Fabrice Villaum said India has aproven capacity for innovation within the IT sector, which is demonstrated by the startups present at the Airbus'BizLab.
The company also sees the potential of the aerospace industry given the fact that India has the world's fastest-growing domestic airline market.
The company said the agreements mark the successful culmination of season 3 of Airbus BizLab's startup acceleration programme "Take Off-2018," which seeks to bolster the Indian government's 'Make in India' and 'Startup India' initiatives.
