Google announces $10 billion investment into India

Agencies
July 13, 2020

New Delhi, Jul 13: Google CEO Sundar Pichai on Monday announced an investment of Rs 75,000 crore or approximately US$10 billion into India over the next five to seven years through 'Google for India Digistation Fund'.

This move is significant as it comes in the middle of the COVID-19 pandemic and as multinational companies across the world look at alternative investment destinations.

"Excited to announce Google for India Digitisation Fund. Through it, we will invest Rs 75,000 crore or approx US$10 Billon into India over the next 5-7 yrs. We'll do this through a mix of equity investments, partnerships and operational infrastructure in ecosystem investments," said Pichai.

Pichai along with Union Minister Ravi Shankar Prasad virtually attended the sixth annual edition of Google for India.

"This is a reflection of our confidence in the future of India and its digital economy," said Pichai.
He added that the investments will focus on four areas important to India's digitisation.

Listing out the areas, Pichai elaborated, "First enabling affordable access and information to every Indian in their own language. Second, building new products and services that are deeply relevant to India's unique needs. Third, empowering businesses as they continue or embark on the digital transformation. Fourth, leveraging technology in AI for social good in areas like health, education and agriculture."

"When I was young, every piece of technology brought new opportunities to learn and grow but I always had to wait for it to arrive from some places. Today people in India no more have to wait for technology to come to you. A whole new generation of technologies is happening in India first," said Pichai.

Earlier today Prime Minister Narendra Modi interacted with Pichai and discussed a range of subjects like a new work culture in coronavirus times, data security and cyber safety.

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News Network
June 1,2024

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After nearly two months of high-pitch campaigning and a hectic poll schedule of 7 phases, exit polls numbers have started coming in. According to five pollsters so far, the Narendra Modi-led NDA government is coming back to power with a landslide victory while the Opposition’s I.N.D.I.A. bloc managing somewhere between 125 and 150. 

Meanwhile, in a U-turn, Congress-led I.N.D.I.A. bloc has decided to participate in exit poll debates. Track all the latest updates on exit polls results as we provide you with minute-by-minute updates on the outcome of the Lok Sabha polls predicted by exit polls.

While the numbers vary, five exit polls are predicting that the INDIA bloc will be left far behind. None, though, have yet put the NDA across its dream score of 400 of 543 Lok Sabha seats. 

Exit Polls do not always get it right.

An aggregate of five exit polls indicates that the NDA will get 365 seats, the INDIA bloc will get 142 seats.

The maximum number of seats predicted for the NDA was 362-392, in the exit poll by Jan ki Baat. It predicts the Opposition bloc will get 141-161 seats.

It is followed by India News-D Dynamics, which is predicting that the NDA will get 371 seats and INDIA 125 seats.

The lowest score for the NDA comes from Republic TV-P MARQ – 359, and a corresponding higher score for the INDIA bloc, 154.

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News Network
May 28,2024

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Mangaluru: Attempting to take political advantage of lack of space in a Masjid, wherein a few people had to offer last Friday prayers on a narrow stretch of an interior road for a few minutes in Mangaluru, the Vishwa Hindu Parishad has warned of holding mass recitation of Hanuman Chalisa, if instances of offering namaz on the road is reported from anywhere in Dakshina Kannada.

VHP leader Sharan Pumpwell said “instances of offering namaz on roads and public places have come to light in the district. It is a conspiracy to create unrest in the district.”

“The district administration should take action against those who offered namaz on the road. If such incidents recur, the VHP will hold recitation of Hanuman chalisa on the same spot,” he warned. 

In fact, the VHP members submitted a memorandum to Kadri police to take action against those who offered namaz on the road. The police should consider the incident seriously.

In a memorandum, they claimed in spite of having enough space at the masjid, by offering namaz on the road has caused inconvenience to the public.

It may be recalled that the video of a few offering namaz on the street in Kankanady had gone viral on social media, drawing criticism from various quarters.

Commissioner of Police Anupam Agrawal said that a case has been registered against unknown persons for offering prayers on the road at Mangaluru East Police station limits.

FIR has been registered under IPC Sections 341, 283, 143 and 149 and investigation is in progress.

The Commissioner said "video of unknown persons offering prayers on the public road in front of a masjid on May 24 was being circulated in social media. The video was verified and was found that it posed hindrance to the movement of public and vehicles."

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News Network
June 2,2024

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Bengaluru: The Congress on Sunday released its list of seven candidates for the biennial MLC elections on June 13. The elections were necessitated due to the retirement of 11 members on June 17.

As expected, the Congress has fielded Karnataka Science and Technology Minister N S Boseraju and Chief Minister Siddaramaiah's son Dr Yathindra Siddaramaiah.

The other candidates are Vasanth Kumar, K Govindraj, lvan D'Souza, Bilkis Bano and Jagdev Guttedar.

The party also announced Basanagouda Badarli for the forthcoming MLC byelection for a seat that fell vacant owing to the resignation of former chief minister Jagadish Shettar, who joined the Congress briefly after he rebelled against the BJP when he was denied a ticket in the 2023 assembly election.

"The election dates to fill that post have not been announced yet but our party has declared him as our candidate whenever the election takes place," a Congress leader said.

Shettar contested the assembly election in 2023 on a Congress ticket and after his defeat, his new home rewarded him with an MLC seat.

Earlier this year, he went back to his parent organisation and is contesting the Lok Sabha election on a BJP ticket from Belgaum (Belagavi) constituency against Congress's Mrinal Hebbalkar, who is the son of Women and Child Development Minister Laxmi Hebbalkar.

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