Author Archives: Loknath Das

Xiaomi to Enter Consumer Finance and Lending Business in India Soon: Report

China’s Xiaomi is poised to launch a consumer lending business in India in the coming weeks, making an ambitious tilt at the booming financial services market where data privacy concerns and fierce competition present formidable challenges. The stakes are high for the world’s fourth largest mobile phone vendor, whose business model relies on low-margin hardware sales with services as a Read More

Is 5G technology bad for our health?

As 5G wireless technology is slowly making its way across the globe, many government agencies and organizations advise that there is no reason to be alarmed about the effects of radiofrequency waves on our health. But some experts strongly disagree. Why do some people believe that 5G technology may harm our health? The term 5G refers to the fifth generation Read More

Sriram Venkataraman’s co-passenger Wafa Firoz sent divorce notice over ‘lifestyle’

THIRUVANANTHAPURAM: Wafa Firoz, owner and co-passenger of the speeding car driven by IAS officer Sriram Venkataraman which killed journalist KM Basheer, has been served a divorce notice by her husband Firoz K, who’s an NRI. A copy of the notice was sent to the president of the Jama’ath committee in Navayikkulam which is Wafa’s hometown. She will have to respond to the Read More

Wearable tech works like a Band-Aid to monitor health

Scientists have designed an innovative, wearable tech device that tracks movement, heart rate, and breathing without using any wires, batteries, or circuits. The device sticks to human skin like a Band-Aid. The device sticks to skin and uses an antenna made of metallic ink. The human skin is a fascinating organ. In fact, it is the largest and heaviest organ of the Read More

New US study reveals unexpected health benefits from ‘caloric restriction’

Scientists have long known a fairly reliable way to extend life span in rodents and other lab animals: reduce the amount of calories they eat by 10 per cent to 40 per cent. This strategy, known as caloric restriction, has been shown to increase the life span of various organisms and reduce their rate of cancer and other age-related ailments. Read More

Ikea doubles down on smart home tech with new business unit

Ikea’s smart home investments to date have been smart but scattered – now the Swedish home goods brand says it’s going to amp up its smart home bets with a brand new dedicated business unit. The company’s smart home endeavors began in 2012, and focused on wireless charging and smart lighting. It’s iterated in both areas since, developing self-installed integrated Read More

These health-tech veterans want to avert the next Theranos disaster with ‘medical diligence’

Before Theranos raised hundreds of millions of dollars, forged a partnership with Walgreens and started using its flawed blood-testing technology with patients, a thorough due diligence process might have raised red flags about the company’s methods and practices. Two industry executives — Ruby Gadelrab and Jill Hagenkord — saw the Theranos debacle up close and are working on a new consulting venture Read More

In ‘real estate’, it’s ‘survival of the fittest’

Manali Bhatia Real estate sector have been going through a consolidation phase. Past years have been very difficult for this sector and such situation was not observed in last three-four decades. The sector remained under performer because of slowdown in demand and piling up of inventories. Resultant, companies are forced to sell assets owing to hovering debt burden (in lieu of Read More

Commercial real estate loans down by Rs 4,000 crore: Indiabulls Housing’s Gagan Banga

Gagan Banga, Vice Chairman and Managing Director of Indiabulls Housing Finance, spoke to CNBC-TV18 about the financial results of Indiabulls Housing Finance. “Our emphasis over the next few months is going to remain to reduce the commercial real estate (CRE) book and to the extent possible given market conditions allow, compensate that by largely micro, small and medium enterprises (MSME) focussed Read More

Where Will AI Take the Real Estate Market in 10 Years?

Artificial intelligence is here and shows no signs of slowing down. According to PwC, business leaders said they believe AI is going to be fundamental in the future. Most people referred to AI as a “business advantage.” The same survey reports that 63% of people agree AI will help solve complex problems that plague modern societies, and 59% agree that Read More