The thermal captive power plant of National Aluminium Company Limited (Nalco), located at Angul in Odisha, has been awarded for proactive climate change.
Nalco is implementing a pilot-cum-demonstration project on carbon sequestration in its captive power plant to reduce carbon emission by harnessing special strains of algae, the company said in a statement.
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Videocon unveils its first 4G smartphone * Videocon Mobile Phones today introduced its first 4G smartphone, Z55 Krypton, priced at Rs 7,999.
The handset comes with 13MP rear camera, 5MP front camera and latest Android Lollipop 5.1 to make the smartphone experience engaging for today's hyper-connected consumers, Videocon said in a statement.
It features a 5-inch HD IPS screen with Dragon Trail X Anti-Scratch glass.
The smartphone is backed by 1GB RAM and 8GB internal memory and is powered by 1.3 GHz Quad Core Processor.
Yes Bank, iSPIRIT launch app for start-ups in fin tech space
* Yes Bank and iSPIRIT today launched Fintech App store to guide Indian start-ups in the financial technology space.
"Yes Bank in association with iSPIRT, a software product think-tank organisation launches the first of its kind Fintech App store for Indian startups in the Financial Technology space," it said in a statement.
"Established to transform India into a hub for new generation software products, iSPIRT will work towards mentoring Indian Fin-Tech start-ups and guide them through a partnership with Yes Bank," it said.
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Axis Bank launches electronic signature feature * Private sector lender Axis Bank today said it will offer electronic signature facility to its customers.
The bank has tied-up with digital security firm e-Mudhra to introduce 'eSign' feature that will give customers the facility of online electronic signature.
"Axis Bank, taking its Digital Banking initiatives a step forward, has partnered with e-Mudhra Ltd to introduce 'eSign' -an online electronic signature service which facilitates an Aadhaar holder to digitally sign a document within seconds," Axis Bank said in a statement.
ESign was launched by the Government earlier this year as part of its Digital India vision.
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* Future Group today opened its all new Big Bazaar Gen Nxt at Noida in the NCR region.
The Big Bazaar Gen Nxt format is designed to be smarter and experiential- through use of technology, innovation in services, layouts & sections and digital interfaces.
It would have enhanced features like smart trial rooms, sit-down lounges for checkouts and endless aisles or digital interfaces that can take orders for products or inventory not stored in every store are set to be added within a few months.
French govt gives Sunand Sharma highest civilian distinction * The French Government has appointed Sunand Sharma Chevalier de la Legion d'Honneur (Knight of the Legion of Honour), the highest French civilian distinction, in recognition of his outstanding achievements as Country President, India & South Asia and Chairman, Alstom India, from 2006 to 2014.
During his tenure, Alstom, with headquarters in France and an over 100 year history in India, went through transformative change in the region with unprecedented expansion, Indo French Chamber of Commerce & Industry said in a statement.
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LIC Nomura MF AMC appoints Rajesh Patwardhan as CMO * LIC Nomura Mutual Fund Asset Management Company has appointed Rajesh Patwardhan as its new Chief Marketing Officer (CMO) with immediate effect.
Patwardhan brings with him a rich experience of over 28 years, out of which 22 years are in financial industry. As his earlier assignment, he was working for the AMC from Deutsche Asset Management (India) Private Ltd where he served the company as the head sales for banks and national distributors for 12 years, the company said in a statement.
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CareOnGo raises $300K in seed funding
* CareOnGo, a mobile chain of co-branded pharmacy stores, today said it has raised USD 3,00,000 (about Rs 2.05 crore) in seed funding from a consortium of investors led by Farooq Oomerbhoy.
Raj Mishra of Indea Capital and Vineet Ganesh of Imperial India Investment also participated in the round, CareOnGo said in a statement.
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Google adds Sindhi, 12 other languages to Translate * Search engine giant Google today said it has added Sindhi and 12 other languages to Google Translate, taking the total number of languages supported to over 100.
"By bringing more languages online with Google Translate, we hope more people can have a relevant and useful experience on the Web," Google Translate Senior Program Manager Sveta Kelman said.
Google India head invests in Smytten
* Smytten, an online discovery platform for premium lifestyle products and services, today said it has raised an undisclosed amount in funding from Google Vice President and MD South East Asia and India, Rajan Anandan.
Smytten will use the funding to enhance user experience, product development and expanding both user and brand base, the company said in a statement.
It will focus on artificial intelligence and algorithmically personalising offerings on the platform, it added.
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Airbnb partners Times Group to create local presence * Airbnb today said it has partnered with Times of India Group as part of its efforts to strengthen position in the Indian travel market.
Under the partnership, the Times Group will drive awareness of Airbnb accommodations and help Airbnb create a localised presence for India, leveraging its vast network of media and operational resources, Airbnb said in a statement.
Previously, Times Global Partners has partnered with Huffington Post, Coursera, as well as other digital companies.
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IRISH TV partners Tata Communications to expand network * Tata Communications today said it has partnered with IRISH TV, an Ireland-based international TV channel, to bring the network's content directly to the North American viewers.
Using Tata Communications' platform, IRISH TV will provide a rich content experience and on-the-go access to 40 million Irish residents in the US with international expansion plans to other regions in the near future, the company said in a statement.
