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

One of the challenges facing the electric vehicle industry is battery supply. In May of this year, Tesla’s global supply manager stated that the company is planning for a shortage of key battery materials. Automakers are working to vertically integratebattery manufacturing into their business to ensure that they will have access to batteries when needed. In large part, this is happening because Lithium-ion batteries Read More

The Department for Education has unveiled plans to build “the best edtech ecosystem in the world”. Photograph: John Birdsall/Alamy Stock Photo/Alamy Stock Photo Everything’s going digital, and that includes education. From homework management apps to virtual reality geometry lessons, there’s plenty on offer from companies competing for a slice of the sizeable global market for online learning. Education technology (edtech) exports Read More

Lucknow: Real estate giant Ansal API, entrusted with around 90 projects in Uttar Pradesh, now finds itself under the scanner for alleged fraud, criminal breach of trust and diversion of funds.  The latest blow came last week when a Lucknow court issued a non-bailable warrant (NBW) against the firm’s top management, including chairman Sushil Ansal and his son Pranav Ansal. “Two Read More

Technology is immersed in our lives and our businesses more than ever: it is increasingly pervasive in the way we work and lead our organisations. At the heart of this is data, which organisations have been stockpiling for years. By 2020, this data volume will reach 44 trillion gigabytes or 44 zettabytes, and organisations are already working hard to extract Read More

SAN FRANCISCO – San Francisco officials on Tuesday voted 8 to 1 to ban the purchase and use of facial recognition technology by city personnel, in a move to regulate tools that local Silicon Valley companies helped develop. The ordinance, which also would require city departments to submit surveillance technology policies for public vetting, can become final after a second Read More

The Indian commercial real estate market is expected to provide 294 million sq ft of REITable space which would be valued at $35 billion, says a report. IT/IT-SEZ office space to dominate REITable assets across the country. With large and quality IT spaces occupied by prominent global players, Bengaluru will be the most favoured city for REITable assets. Presence of single-ownership Read More

A start-up is combining 3D scanning and weaving technology to make the perfect pair of jeans, as consumers’ preferences shift from big-name brands to tech-inspired and sustainable fashion. San Francisco-based Unspun, which joined Hong Kong’s The Mills Fabrica “techstyle” incubator in February, touts itself as a zero-inventory store; jeans are only made when an order is placed. The incubator says Read More

LOS ANGELES (Reuters) – Uber Technologies Inc’s restaurant delivery business has grown revenue to $1.5 billion in just three years, the company disclosed in its IPO filing on Thursday, dwarfing the revenue of its profitable, and already public, rival Grubhub Inc.   A woman tries UberEats’ application on a tablet at the launching event of food-delivery service UberEats in Tokyo, Read More

Making magic is no simple proposition. While a good magician never shares her secrets, sometimes a curtain is lifted just enough for a glimpse behind the scenes. LAIKA is among those studios charged with manufacturing magic – literally manufacturing, as the team is dedicated to the intricate art of stop-motion animation. In Portland, Oregon, a city that thrives on the Read More