Just over a week after the newly appointed Minister of Electronics and Information Technology (MeitY) Ashwini Vaishnaw said the government will support startups and entrepreneurs in their initial phase, where they face most challenges, he launched Startup Accelerators of MeitY for Product Innovation, Development and Growth (SAMRIDH) programme on Wednesday.

SAMRIDH will create a conducive platform for Indian software product startups to enhance their products and secure investments for scaling their business.

Indian Oil Corp (IOC) is deploying drones to monitor its vast network of pipelines across the country as it doubles down on the use of technology to thwart attempts to steal fuel, helping not just save the commodity but also avoid accidents.

The country's top oil company already uses a combination of sophisticated technology and patrolling to detect any leakage from the pipeline network spanning over 15,000-kilometers. And now, it is adding drones to monitor the vast network, officials said.

Passengers can now fly between Hyderabad and Bengaluru on Star Air's Embraer Jet from 26th August, 2021 and have a private jet-like experience.

The flights will be operated on every Tuesday, Thursday and Saturday.

Hyderabad is the 15th destination that Star Air has added to its network.

India may be entering an endemic stage of the COVID-19 pandemic where there is a low or moderate level of transmission going on, said WHO Chief Scientist, Soumya Swaminathan.

The endemic stage of the disease is when a population learns to live with it and is different from an epidemic stage, where the virus overwhelms the population.

Hours after he was arrested over his controversial remarks against Chief Minister Uddhav Thackeray which triggered a political row and protests across Maharashtra, Union minister Narayan Rane was granted bail by a court at Mahad on late Tuesday night.

The magistrate's court denied the police's request for his custody, but asked Rane to attend the Mahad police station on two days.

Britain has reported another 174 coronavirus-related deaths, the highest number of fatalities recorded in one day since 175 were recorded on March 12, according to official figures.

The total number of coronavirus-related deaths in Britain now stands at 131,854. These figures only include the deaths of people who died within 28 days of their first positive test.

The Karnataka government on Tuesday urged IT companies to extend the work from home option for employees to December 2022 keeping in view of traffic congestion on Outer Ring Road due to the Bengaluru metro construction work.

In its letter to the National Association of Software and Service Companies (NASSCOM), the Department of Electronics, Information Technology said, BMRCL is starting metro construction works on Outer Ring Road (ORR) from Central Silk Board to KR Puram and the construction of the same could extend to about 1.5 to 2 years.

Shares of Tata Consultancy Services (TCS) hit a new high of Rs 3,694.25, up 2.3 per cent on the BSE in intra-day trade on Wednesday and became the second listed company to cross the Rs 13.5 trillion market capitalisation (market cap). The stock of the information technology (IT) giant surpassed its previous high of Rs 3,672.50 touched on Monday, August 23, 2021.

In the past one month, TCS has outperformed the market by surging 15 per cent, as compared to a 6 per cent rise in the S&P BSE Sensex.

Shares of Bajaj Finserv hit a new record high of Rs 16,808, up 2 per cent on the BSE in the intra-day trade on Wednesday, having surged 10 per cent in the past two trading days, after the company said it has received an in-principle approval from Securities and Exchange Board of India (Sebi) for sponsoring a mutual fund. The stock was trading higher for the third straight day, up 12 per cent during the period.

Bajaj Finserv, in an exchange filing on Tuesday, said it has received approval from Sebi to set up a mutual fund.

As many as 166 current and former Paytm employees have converted their Employee Stock Options (ESOPs) into shares, the company said in a regulatory filing.

IPO-bound Paytm has one of the largest ESOP pools in the startup ecosystem, and has given out ESOPs as rewards and benefits to employees, who have contributed to the growth of the company.

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