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< Back CMA CGM to invest $300 mn in box ships in India 15 Oct 2025 This is India’s first-ever container ship order placed by an international mainline ship operator. The French shipbuilding conglomerate and the world’s third-largest container carrier, CMA CGM, signed a letter of intent with the Cochin Shipyard to invest $300 million in building container ships. CMA CGM will build six LNG-powered container ships at the Cochin Shipyard. Also called Box Ships, each can carry 1,700 TEUs (twenty-foot equivalent units) and run on liquefied natural gas (LNG). India currently holds below 1% of the global shipbuilding market share and is ranked 16th worldwide in the industry. It aims to be in the top 10 by 2030 and top 5 by 2047. The Cabinet approved a package of ₹69,725 crores in September. India’s first locally made aircraft carrier, the largest dredger, and several naval ships and vessels for European clients were built at the Cochin Shipyard. Cochin Shipyard recently tied up with HD Korea Shipbuilding & Offshore Engineering Co., Ltd. (KSOE), one of the top shipbuilders in the world. Check out my new book, THE BLACK FLAMES , on Amazon Kindle. A gripping, high-stakes novel. ⭐⭐⭐⭐.6 stars on Amazon ⭐⭐⭐⭐⭐ on Goodreads Previous Next

< Back Dixon Tech to make Google’s Pixel 8 in India 22 May 2024 Dixon will manufacture 100,000 Pixel phones per month, of which up to 30% may be exported. Trial production has started, and the first batch may roll out in September. After Apple started manufacturing in India, Google chose Dixon Technologies to make high-end Pixel 8 smartphones in the second-biggest smartphone market globally. Around 80% of the Pixel smartphones sold in India are Pixel 8. These devices are made in Vietnam and China. Dixon’s wholly-owned subsidiary, Padget Electronics, entered an agreement with Taiwanese Compal Electronics to make phones for the latter. Compal is also a global manufacturing partner for Google products. Plus, Padget Electronics is a beneficiary of the Indian government’s production-linked incentive (PLI) scheme for mobile phone manufacturers. It offered to make Pixel 8 phones at competitive prices. Dixon may manufacture upcoming and older Pixel models. Google is in talks with Foxconn about becoming India's second manufacturing partner. Currently, the above ₹50,000 smartphone market is dominated by Apple, with a 68% market share, and Samsung, with a 21% market share. Pixel phones collectively own 1% market share in India. Previous Next

< Back Delhi, Mumbai airports may hike user fee up to 22X 1 Dec 2025 The Airports Economic Regulatory Authority (AERA) and airlines have challenged the order in the Supreme Court. The Telecom Disputes Settlement and Appellate Tribunal (TDSAT) redefined tariff calculations for FY09-14, revealing that around ₹50,000 crore is owed to the Mumbai and Delhi airports. If this goes through, for Delhi airport, the User Development Fee levied per passenger may increase from ₹129 to ₹1,261 for domestic travellers and ₹6,356 from ₹650 for international. For Mumbai, domestic travellers may have to pay ₹3,856 from ₹175 and ₹13,495 instead of ₹615 for international travellers. AERA sets airport charges for 5-year slots depending on investments made and the revenue earned by the operator. AERA was established in 2009, three years after ownership passed from the Airports Authority of India to DIAL and MIAL. For FY09-14, AERA fixed the charges based on the value of its aeronautical assets, such as infrastructure used for flight operations and passenger processing. DIAL and MIAL approached TDSAT, arguing that AERA must also consider the value of non-aeronautical assets. Check out my new book, THE BLACK FLAMES , on Amazon Kindle. A gripping, high-stakes mystery. ⭐⭐⭐⭐.6 stars on Amazon ⭐⭐⭐⭐⭐ on Goodreads Previous Next

< Back US Department of Justice launches antitrust probes against NVIDIA 7 Aug 2024 In the first probe, the Department of Justice (DOJ) will scrutinise NVIDIA's buyout of Run:ai, and the second probe will evaluate if it abuses its dominant position in AI Chips. In July, US, UK, and EU regulators pledged to “safeguard against tactics that would undermine fair competition” in the AI world. Since then, international regulators have been closely monitoring significant tech acquisitions. That’s why NVIDIA’s $700 million acquisition of the Israeli GPU management startup Run:ai caught the attention of the US regulator. The DOJ is also evaluating NVIDIA’s global dominance in the AI chips market. After receiving several anti-competitive complaints, the regulator is assessing whether NVIDIA misuses its dominance to discourage customers from using its competitors’ products. There have been claims that the AI chip maker overcharges customers for networking equipment if they buy AI chips from its competitors, like AMD and Intel. It may also face French antitrust charges for anti-competitive practices. NVIDIA owns 70 to 95% of the market for chips used to train AI models. In June, it briefly overtook Microsoft as the world’s most valuable company. Previous Next

La compagnie aérienne a annoncé abandonner à cause des retards de la livraison des avions économes en carburant et l’accessibilité de carburants alternatifs. < Back Air New Zealand abandonne son objectif climatique de 2030 La compagnie aérienne a annoncé abandonner à cause des retards de la livraison des avions économes en carburant et l’accessibilité de carburants alternatifs. Le 30 juillet, Air New Zealand est devenu la première grande compagnie aérienne à abandonner ses objectifs de décarbonisation. Les retards dans le renouvellement de la flotte ont causé un autre risque au réaliser l’objectif. La chaîne d’approvisionnement mondiale a expérience les retards en fabrication et l’introduction de nouveaux avions économes en carburant. Par conséquent, la société se peut doive conserver sa flotte existante. Le transporteur visé avait de baisser l’émission carbone par 28,9 % d’ici à 2030, par rapport aux niveaux de 2019. Il a commencé a travailler sur un nouvel objectif à court terme. La compagnie aérienne se sont également recédé de l’initiative de Nations unies sur les objectifs scientifiques. Toutefois, il s’est engagé à s’objectif de zéro émission en 2050. En 2022, l’industrie aviation a contribué à environ 2 % aux émissions mondiale de carbone. Cette industrie est considérée comme un secteur difficile a décarboniser. Previous Next

< Back Reliance Retail begins superfast deliveries within an hour 26 Jun 2024 The company has started a pilot program to offer quick deliveries of groceries and FMCG products in some parts of Mumbai and Navi Mumbai. Reliance Retail launched a pilot program via its Jiomart mobile app, offering hyperlocal delivery in some parts of Mumbai and Navi Mumbai. With the addition of more stores and expansion into other markets, it will reduce the delivery time to 30-45 minutes. However, Reliance Retail will fulfil the quick delivery demand from its stores and warehouses. In areas without its own stores, Reliance will utilise the Kirana stores associated with the Jiomart Partner Initiative. These Kirana stores are connected to Reliance Retail’s backend and source products from its wholesale arms. Reliance is using tech solutions like FYND and Locus to optimise fulfilment and delivery routes. Currently, Reliance Retail delivers goods in between twelve hours and up to three days. Earlier, JioMart catered to online orders via WhatsApp in partnership with Meta Inc, launched in 2020. It started offering quick delivery via JioMart Express in 2021 and shut it down in early 2023. Previous Next

< Back Private driving schools to conduct trainings, issue licenses from June 1 23 May 2024 The Ministry of Road Transport and Highways announced that private driving schools will be authorised to conduct driving tests and issue licenses. The Ministry of Road Transport and Highways simplified obtaining a driving license. From June 1, it will authorise private driving schools to conduct the tests and issue the licenses. It has streamlined the documentation needed to apply for a two-wheeler and a four-wheeler. These private centres will need to offer 29 hours of training over four weeks for a Light Motor Vehicle (LMV) license, including 21 hours of practical and eight hours of theoretical training. Schools will be charged ₹5,000 for renewing driving licenses without proper training. The learner’s license driving test and a repeat test will cost ₹50 per test. The learner’s permit (Form 3) will be issued for ₹150. An individual’s driving license or repeat test will cost ₹300. A driving license will cost ₹200, and an international license will cost ₹1,000. Adding another vehicle to the permit will cost ₹500 extra. Previous Next

< Back All 12 smart cities to become dedicated industrial hubs 2 Oct 2024 In September, the Union Cabinet approved the development of 12 smart cities, each serving a specific industry, for an investment of ₹28,602 crore. The Union Cabinet approved 12 smart cities, including Khurpia in Uttarakhand, Prayagraj and Agra in Uttar Pradesh, Rajpura-Patiala in Punjab, Jodhpur-Pali in Rajasthan, Dighi in Maharashtra, Palakkad in Kerala, Zaheerabad in Telangana, Kopparthy and Orvakal in Andhra Pradesh, and Gaya in Bihar. Each smart city will serve a specific industry and be constructed in around three years, with contractor onboarding scheduled for March 2025. They will span ten states and six significant industrial corridors. They will offer coexisting residential and commercial setups with plug-and-play infrastructure, 24x7 electricity, portable drinking water, and amenities to facilitate the walk-to-work concept. Palakkad may build infrastructure for medicines and botanicals, Agra for Electronics System Design and Manufacturing and EVs, Gaya for light engineering, food processing, and metal industries, Bidkin for automotive and Dighi and Krishnapatnam for port-led industrialisation promoting ecotourism. Singapore, Switzerland, Japan, and Taiwan are keen to have dedicated spaces in these cities. Previous Next

< Back Leading AI companies fail on Safety Index 17 Dec 2024 Five of the six top AI makers got Ds and Fs in the latest Future of Life Institute (FLI) report. In FLI’s latest Safety Report, Google DeepMind and OpenAI got a D+, Zhipu AI got a D, while x.AI got a D-. Meta failed, while Anthropic was the only survivor with a C. An independent panel of seven AI and governance specialists assessed the safety practices of these six AI companies across six parameters – Risk Assessment, Current Harms, Safety Frameworks, Existential Safety Strategy, Governance and Accountability, and Transparency and Communication. Findings revealed that only a few companies have established adequate safety frameworks and done risk assessments. All flagship models are vulnerable to attacks, and all artificial general intelligence (AGI) models are far from safe or under human control. Companies often cut corners on safety parameters to succumb to profiteering. FLI was founded by MIT cosmologist Max Tegmark, Skype co-founder Jaan Tallinn, and others in March 2014. Anthropic’s existing structure and OpenAI’s initial governance structure were deemed promising. Previous Next

Les familles dont le revenu est inférieur à 100 000 dollars bénéficieront d'une aide totale pour la scolarité, le logement, les livres et les dépenses personnelles. < Back Pas de frais de scolarité pour Harvard, MIT, Texas pour les élèves à revenus moyens Les familles dont le revenu est inférieur à 100 000 dollars bénéficieront d'une aide totale pour la scolarité, le logement, les livres et les dépenses personnelles. Dès l’automne 2025, de nombreuses universités américaines augmenteront les plafonds de dispense des frais de scolarité. Les étudiants issus de ménages à revenus moyens inferieurs à 200 000 dollars (revenu familial annuel) n’auront pas à payer de frais de scolarité, tandis que ceux dont le revenu est inférieur à 100 000 dollars verront toutes leurs dépenses couvertes, y compris les frais de scolarité, le logement, les livres et les dépenses personnelles. Les élèves dont le revenu familial annuel est supérieur à 200 000 dollars bénéficieront d’une aide financière adaptée. L’université du Massachusetts a relevé son plafond a 75 000 dollars. Pour 2024-25, les frais de scolarité des étudiants de premier cycle s’élèvent à 56 550 dollars à Harvard, à 61 990 dollars au MIT et, à l’Université du Texas, à 13 576 dollars pour les résidents du Texas et à 48 712 dollars pour les non-résidents. Ne manquez pas un autre article de SalestorrsNouvelles150. Suivez Salestorrs sur WhatsApp , LinkedIn , Facebook , X , et Instagram . Previous Next

< Back Domestic and global brands flock to Indian tier II cities 17 Jan 2024 Following high demand, brands like Marks & Spencer, H&M, Tasva, and GAP are opening outlets in untapped markets. Global and domestic brands are setting up shops in Tier II cities like Patna, Ranchi, Mysore, Mangalore, Indore, and Coimbatore. Factors driving this momentum are the eCommerce expansion and high market demand from tech-savvy consumers who can afford to spend on discretionary purchases that are basically wants rather than needs. Realtors like Phoenix Mall, Bhumika Group, Nexus Malls, and Lulu Group are opening malls and street outlets to offer space to these brands. Earlier, the crowd in tier II cities had to come to metro cities for shopping. During Covid 19, when the labour returned to their hometowns, brands started eyeing an entry there. The median age of shoppers is around 30 years. Those working in Tier II and III cities have a better spending threshold due to lower living costs. Among the consumers, 51% of the Gen Z population and 47% of the millennials shop online. Previous Next

< Back DGCA orders Air India 787 Dreamliner enhanced inspection 14 Jun 2025 The 787 Dreamliner is built for long-haul routes and can carry 242-296 passengers, depending on the aircraft variant. The DGCA ordered Air India’s Dreamliner fleet inspection starting June 15th. The team will conduct technical inspection, power assurance checks, and introduce a ‘Flight Control Inspection’. Boeing has 1,148 Dreamliners currently in operation. Of those, Air India operates 34, including 787- 8s. Seven 787- 9s were added after Air India’s merger with Vistara last year. AI-171 Dreamliner had flown over 41,000 hours, completed around 8,000 takeoffs and landings, with 700 in the past 12 months, an average for a Dreamliner. It had flown from Delhi to Ahmedabad on the morning of June 12th, the day it plummeted to death. The aircraft’s expected lifespan is 20-25 years. It was the first Dreamliner to have a fatal crash since its debut in 2011. In 2013, the Indian government had grounded Air India’s six 787 fleet after battery malfunctions. Student Bhoomi Chauhan missed AI-171 flight by 10 minutes due to traffic, BBC reported. Never miss another post from SalestorrsNews150. Follow Salestorrs on WhatsApp , LinkedIn , Facebook , X , and Instagram . Previous Next