Author: Suril Shah

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Hi, I'm Suril Shah, I'm a 3rd-year student at NMIMS University Mumbai. I'm a CW intern at Asiana Times. I'm passionate about Business and Startups and will be writing articles based on those genres. Apart from that, I'm also a sports enthusiast.

To develop self-driving technology, Toyota uses inexpensive cameras.

Woven Planet, a Toyota subsidiary, is following Tesla in developing low-cost cameras for self-driving cars. To train its self-driving system, Woven Planet says it can employ cameras, a “breakthrough” that will help lower costs and scale out the technology.  Using a large fleet of automobiles to gather different driving data is crucial to establishing a viable self-driving car system, but it is costly and not scalable. Woven Planet still utilises data from additional sensors like radars and lidars for long-term deployment and training.  Tesla relies on cameras to gather data from over 1 million cars on the road, whereas Waymo…

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IHC of Abu Dhabi will invest $2 billion in three Adani Group firms.

Adani Green Energy Ltd (AGEL), Adani Transmission Ltd (ATL), and Adani Enterprises Ltd (AEL) will receive $2 billion in primary capital from Abu Dhabi-based International Holding Company PJSC (IHC) under the preferential allocation procedure.  “The deal has been accepted by the boards of AGEL, ATL, and AEL, as well. The investment is subject to shareholder and regulatory approvals and must conform with SEBI rules, as well as any other applicable laws “An AEL filing said this.  It is the Adani Group’s green portfolio that includes AGEL, ATL, and AEL. SEBI requirements require IHC to invest Rs 3,850 crore in AGEL,…

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Crypto Biz Exchange launches NFT market

In a press statement issued on Friday, Crypto Biz Exchange, an Indian digital currency exchange company, announced the debut of its NFT marketplace. One-click smart contract deployment, full minting, and community involvement activities were among the platform’s announcements in a press release. They also said they want to provide creators with a simple and easy way to enter the virtual world and make money off of selling their virtual intellectual property. The organisation has made this creative move in order to expand its product line and improve the client experience. There has been a lot of talk lately about NFTs, or…

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How are ESOP 's taxed?

For workers, Employee Stock Ownership Plans, or ESOP ‘s, are a popular incentive because they allow them to own a portion of the firm at a pre-determined price, known as the “exercise price,” at some point in the future. Employees must wait until the end of their “vesting term” before they may purchase or exercise their shares. Even while they seem to be a good deal for workers, the tax implications of taking advantage of this perk should not be underestimated. First, let’s observe how ESOP ‘s are used Suppose the corporation gives an employee 100 shares on April 1,…

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Some Twitter workers dread Elon Musk's arrival

Some Twitter workers are worried about the future of the social media company’s capacity to police material, according to Reuters. Conservatives flooded social media within hours of Musk’s stunning announcement this week that he had purchased enough shares to become Twitter’s largest shareholder. After the Jan. 6 Capitol incident, Obama was banned from Facebook and Twitter for inciting violence. As Twitter’s biggest shareholder, @ElonMusk should be allowed to speak freely. Oh… and Trump is back! ” Rep. Lauren Boebert tweeted on Monday. According to Twitter, the board does not make policy decisions, but four workers interviewed by Reuters said they are concerned…

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Rajasthan Royals

Jaipur-based The Rajasthan Royals team (also known as the RR) are a franchise cricket team that competes in the Indian Premier League (IPL). The team’s home stadium is Jaipur’s Sawai Mansingh Stadium, where it was established in 2008 as one of the league’s original eight teams. As well as being known for uncovering hidden, high-potential talent, the Royals have also been implicated in many scandals and controversies. Content ABOUT THE IPL FRANCHISE HISTORY CONTROVERSIES HOME TURF THE TEAM CURRENT SQUAD ADMINISTRATION AND SUPPORT STAFF TEAM PERFORMANCE KIT MANUFACTURERS AND SPONSERS STATISTICS BRAND VALUE  The Indian Premier League (IPL) The Indian…

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Delhi Capitals

The Delhi Capitals team(previously the Delhi Daredevils) are an Indian Premier League (IPL) franchise cricket club located in Delhi. The franchise is jointly owned by the GMR Group and the JSW Group. The Delhi Capitals team’s home stadium is the Arun Jaitley Stadium in New Delhi. In 2020, the Capitals competed in their first IPL final. Content ABOUT THE IPL FRANCHISE HISTORY HOME TURF THE TEAM CURRENT SQUAD ADMINISTRATION AND SUPPORT STAFF TEAM PERFORMANCE KIT MANUFACTURERS AND SPONSERS STATISTICS BRAND VALUE The Indian Premier League (IPL) The Indian Premier Competition (IPL) is a professional men’s Twenty20 cricket league played in…

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Brookfield will pay 5,000 crores for a 51 percent share in Bharti Enterprises' four commercial assets. - Asiana Times

Brookfield will acquire a 51% share in four Bharti Enterprises commercial assets for Rs 5,000 crore. The properties include World mark Aero city (Delhi), World mark 65, Airtel Centre (Gurgaon), and Pavillion Mall (Ludhiana). Bharti Enterprises will have a 49% share in the buildings.   In a news statement, Bharti Enterprises announced that Brookfield’s real estate operations arm, Brookfield Buildings, would manage the properties moving forward. The deal will close after all regulatory permissions are received, the statement said.   Bharti Enterprises Group Director Harjeet Kohli said that the business is bullish in the commercial realty category as the Indian economy provides exciting development…

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Flipkart invests over $700 million in its healthcare segment - Asiana Times

According to recent Singapore regulatory filings, Flipkart invests  $553 million in its marketplace operations. According to the documents, it has also invested $143 million in Flipkart Health. With the fresh financing, Flipkart has invested almost $700 million in the two entities—Flipkart Marketplace Private Limited and Flipkart Health Private Limited.   The additional funds come as Walmart-owned Flipkart ramps up new operations including epharmacy, travel, social commerce platform Shopsy, and its food division.   According to the filings, Flipkart Private Limited has received new Esops (Employee stock owner programmes). Flipkart Private Ltd invests in Flipkart Marketplace and Flipkart Health. Flipkart is based in…

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Indian start-ups raised billions in Q1 2022 - Asiana Times

Although the broader start-ups ecosystem is beginning to express concerns about a slowdown in dealmaking because of macroeconomic headwinds, Indian start-ups raised more than $10 billion in funding during the first quarter of 2022. An increase from $5.7 billion during the same period in 2021, according to data sourced from Venture Intelligence.  Since formal deal announcements are often made a few months after a transaction has closed, the record-breaking first quarter financing data does not reflect the present downturn.   What is the root cause of the sluggishness? A spike in interest rates in the United States, rising geopolitical tensions because…

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