Business & Economy – Page 32 – Global Records India

** Telangana: Feast on pink and yellow tomatoes soon, courtesy Wanaparthy genetics professor

The professor has also developed a variety of red amaranth (thotakura), which is a high-yielding variety and contains anthocyanin pigment.

In yet another feather in the cap of the College of Horticulture, Mojerla of Wanaparthy district, Associate Professor in Genetics and Plant Breeding, Pidigam Saidaiah (41) has developed promising seed varieties of pink tomato, yellow tomato, red amaranth and yardlong beans using a pedigree method. Developed by crossing two extreme varieties, these hybrids have several advantages over the common ones. The seeds have been sent to the Horticulture Centre of Excellence in Jeedimetla for testing and are expected to be released in the market soon.

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** Nissan India rolls out 50,000th unit of the Magnite

Nissan India on Tuesday said that it has rolled out 50,000th unit of its Sport Utility Vehicle (SUV) Magnite from the Chennai plant of Renault Nissan Automotive India Pvt Ltd (RNAIPL) alliance.

Terming Magnite as a game changer, Rakesh Srivastava, MD, Nissan Motor India, said in a statement that the company had received over 100,000 customer bookings in domestic & export markets,

“We have been able to achieve the 50,000th Magnite milestone in less than 15 months despite head winds from Covid and the semi-conductor crisis. Our employees and supplier partners have contributed immensely with innovative strategies to overcome this crisis,” said Biju Balendran, MD & CEO, RNAIPL.

Magnite was the first global product to be launched under the Nissan NEXT transformation plan. Since its launch, 50,000 Magnites have been produced in Chennai, despite the challenges of the Covid-19 pandemic and ongoing semiconductor shortage.

** US President Biden nominates Indian-American diplomat Puneet Talwar as his envoy to Morocco

Talwar, who is currently a Senior Advisor at the State Department, has held senior national security and foreign policy positions in the State Department, the White House and the Senate, the White House said as it announced several other senior administration positions.

** US to establish SE Asia’s largest Consulate campus in Hyderabad

The soon-to-open US Consulate office in Hyderabad will be the largest US consular processing post-South East Asia both in terms of the number of visa windows and in area. The centre being set up in Nanakramguda is likely to be completed by November 2022 and will open shortly thereafter.

Speaking to Express, David Moyer, Public Diplomacy Officer at US Consulate General office in Hyderabad, said that the centre will be unique as it will comprise 54 visa processing windows as well as multiple new features.

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** In post-Brexit UK, Indians got 43 per cent of all skilled work visas in 2021

Indians nationals are the top nationality in the skilled work category in the United Kingdom, accounting for two-fifth’s of visas granted.

“In the last year alone, over 65,500 Skilled Worker visas were issued to Indian nationals,” a British High Commission spokesperson told this newspaper.

Indians have accounted for 43% of the total skilled worker visas in 2021, which is a 14% increase from 2019. Experts attribute this to point-based UK immigration system that was launched post Brexit.

In May 2021, the UK signed the Migration and Mobility Partnership with India, increasing cooperation on migration and opening access for youth mobility.

A number of legal routes are being offered to work in the UK.

These include the Skilled Worker route, Graduate Route and Health and Care Worker visa.

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** This all-women team of smartphone-toting, low-caste reporters could fetch India first Oscar

Khabar Lahariya works in areas left behind by the economic boom, where life has barely changed even as new wealth transforms the country’s urban landscape and culture.

An all-women team of smartphone-toting, low-caste reporters who chronicle India’s hardscrabble heartland may give the cinema-mad country its first Oscar-winning film, after their own story became a critically lauded documentary.

The journalists of Khabar Lahariya (Waves of News) have built a huge following across Uttar Pradesh, a northern state with more people than Brazil, covering a beat that runs from cow thefts to sexual violence and corruption.

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** How Subhajit Banerjee went from Netaji Nagar to 10 Downing Street

This digital expert at the UK Prime Minister’s Office and Cabinet Office is a Bengali boy.

He holds a high-profile digital communications job in the UK Government and was the Guardian’s first ever mobile editor. But Kolkata is where the 42-year-old grew up and spent the early years of his career. Meet Subhajit Banerjee, a Londonder for years but a Kolkatan to the core.

** IIT Madras Incubation Cell partners with RBI Innovation Hub to support fintech start-ups

The Incubation Cell of the Indian Institute of Technology (IIT) Madras has signed a memorandum of understanding (MoU) with the Reserve Bank of India (RBI) Innovation Hub to create a supportive ecosystem for start-ups in the field of financial technology (fintech).

Associating with RBI Innovation Hub, IIT Madras Incubation Cell will offer support and innovative solutions to the start-ups to accelerate their growth.

RBI Innovation Hub will be responsible for selecting the start-ups that will be co-incubated. These fintech companies will get operational and strategic guidance, mentoring and training by leadership and domain experts of RBI Innovation Hub and IIT Madras Incubation Cell.

** IIT Kharagpur and NMDC join hands for drone-based mineral exploration

Summary

-The two parties signed the MoU for drone-based mineral exploration over a virtual platform

-NMDC will be the first central public sector enterprise to conduct drone-based geophysical surveys in India

Indian Institute of Technology (IIT) Kharagpur has signed a memorandum of understanding (MoU) with the National Mineral Development Corporation Limited (NMDC) to conduct drone-based mineral exploration.

** 19 firms in India to make Pfizer’s oral COVID-19 antiviral drug

They have signed sublicence agreements with United Nations-backed Medicines Patent Pool

Nineteen drugmakers in India have signed sublicence agreements with the United Nations-backed Medicines Patent Pool (MPP) to manufacture the generic version of Pfizer’s oral COVID-19 antiviral nirmatrelvir, which is to be used in combination with ritonavir.

They are among the 35 companies across 12 countries to have entered into such agreements with MPP for manufacturing and supplying to 95 low and middle income countries, including India. The non-exclusive sublicences allow the generic manufacturers to produce raw ingredients for nirmatrelvir and/or the finished drug itself co-packaged with ritonavir.