How a newspaper ad and Rs 5 lakh investment set this entrepreneur on Rs 50 Cr journey in chemicals manufacturing

In 2002, Bengaluru-based entrepreneur Srinivas M saw a newspaper ad about the MSME Ministry conducting a training session for chemical manufacturing. Srinivas was a chemical trader at the time, and thought it would be a good opportunity to start manufacturing chemical products himself. “I saw this a way into a manufacturing sector that could pay me dividends much more than a trading business ever could. I decided to seize this opportunity, and enrolled myself in the programme,” he says. Srinivas was about to enter the chemicals industry that has grown over the years, touching $163…

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Oppo Given Green Clearance to Set Up Manufacturing Unit in Noida

Chinese smartphone maker Oppo has been given green clearance to set up a mobile manufacturing unit in Greater Noida at a cost of Rs. 2,200 crores, a senior government official said. The Union Environment Ministry has granted the environment clearance to its Indian subsidiary Oppo Mobiles India Pvt Ltd for the proposed project. “The clearance has been given to the Oppo’s project after taking into account the views of an expert green panel. It is subject to compliance of certain conditions,” the government official said. The environment clearance certificate has already been…

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David Cameron to set up £750m UK-China investment fund

China’s President Xi Jinping drinks a pint of beer with David Cameron during his visit to Britain in 2015 CREDIT: GETTY David Cameron is helping to set up up a new £750m UK-China investment fund aimed at forging closer ties between the two countries, it has been confirmed. The former Prime Minister will become vice chairman of the new private equity fund after being approached for the role by Lord Chadlington, a friend and former Tory donor. The announcement, which confirmed reports published last month, came as the Government prepared to set…

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Samsung Electronics to Set Up AI Research Centre

Samsung Electronics Co Ltd said on Wednesday it would create an artificial intelligence (AI) research centre and strengthen an executive role to look for new business areas for all its three major business groups. The minor changes to the tech giant’s business structure were to “quickly respond to market changes,” Samsung Electronics said in a statement. The move follows last month’s appointment of a new generation of top managers that dispelled lingering worries about a leadership vacuum from the detention of Vice Chairman Jay Y. Lee. The new AI research centre would be under a…

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OnePlus 5T Launch Date Is November 16, India Release Set for November 21

OnePlus 5T India sales start on November 21 via a flash sale, followed by open sale on November 28 HIGHLIGHTS OnePlus 5T goes on sale starting November 21 In India, the company will host a flash sale on November 21 The official India sales will begin from November 28 OnePlus 5T launch date has been set as November 16, the company revealed a day after it confirmed that the upcoming handset will be unveiled in New York City. The Chinese brand also confirmed that the OnePlus 5T India release date of the…

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Eyes set on sky, children display drone-flying skills in Lucknow

All eyes were set on the sky as young minds gave wings to their dreams and skills at La Martiniere College ground in Lucknow on Thursday. After learning how to make and control unmanned aerial vehicles (UAVs) during a 20-day summer camp, 30 children in the age group of 6-16 years demonstrated their drone-flying skills on the concluding day of the programme. “This is the first time in the country where a platform was provided to the children to ignite their young minds to draw them towards aviation and robotics,”…

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