iRobot Roomba 695

Puresight Systems, the exclusive distributor of iRobot products in India, on Tuesday launched the robot vacuum and mop 'Roomba Combo j7+', powered by iRobot OS intelligence, in the country

Amazon

The acquisition of iRobot would not disadvantage Amazon's rival 'smart home' platforms

British antitrust regulators have started investigating Amazon's purchase of robot vacuum maker iRobot, adding further scrutiny to the $1.7 billion deal.
The Competition and Markets Authority said Thursday that it's considering whether the deal will result in a substantial lessening of competition within the United Kingdom. In an initial step, the U.K. watchdog invited comments on the deal from any interested party.
The acquisition is already facing a review in the U.S. by the Federal Trade Commission amid worries about Amazon's growing market power. Consumer groups had voiced concerns after the deal was announced last year that it would further the e-commerce giant's dominance in the smart home market.
Amazon said it's working cooperatively with the relevant regulators in their review of the merger.
Bedford, Massachusetts-based iRobot, which makes the popular Roomba robotic vacuum cleaners, said it continues to work cooperatively with both the U.S. FTC and other regulatory agencie

EU regulators have sent the e-commerce giant a series of detailed questions over the proposed transaction, indicating that they are gearing up for a formal probe, the report said

Robot vacuum cleaner maker iRobot has announced to cut around 7 per cent of its workforce or about 85 employees.

The ability to operate the Roomba 695 robot from remote locations makes it a unique proposition

Meanwhile, companies like HP and Acer, which do not sell mobile phones in India, are likely to miss out

Apple iPhone

The restructuring exercise will be undertaken by Arjun Mohan, who was recently elevated as chief executive officer (CEO) of its India business, replacing Mrinal Mohit, according to the sources

Byju's

To borrow Rs 6.55 trillion in second half

money, cash, rupees

Senco Gold hit a new high of Rs 590.55, rallied 11% on the BSE in Wednesday's intra-day trade and now quotes at a hefty 86% premium over its issue price in little more than 2 months.

Jewellery, Art Work

Valuations are expensive but will likely remain so, says the brokerage

Nomura

In the first half of 2022, 143 people working at 50 airports in India failed the alcohol tests

airport alcohol check

Electronics & IT Minister says India can emerge as a global leader in this category

Ashwini Vaishnaw

Akasa had told the court that they have cancelled 24 flights per day and they operate 120 flights per day

Akasa Air

The move comes at a time when states are facing record power demand

New electricity tariff rules

Giving a lecture at a Confederation of Indian Industry (CII) event on 'The World is on Fire', Summers spoke about the challenges of overcoming poverty as well as climate change

ClimateChange

The Nijjar murder is fast unfolding into treacherous scenarios that could have tragic consequences for both nations. No one stands to gain from the ongoing face-off

India Canada

International credit agency Moody's Investors Service has made sweeping assertions against Aadhaar without citing any evidence, the Unique Identification Authority of India (UIDAI) said on Monday.
The UIDAI issued a strong rebuttal to Moody's Investors Service which claimed that the Aadhaar system often results in service denials and the reliability of biometric technologies, especially for manual labourers, in hot and humid climates is questionable.
"A certain investor service has, without citing any evidence or basis, made sweeping assertions against Aadhaar, the most trusted digital ID in the world. Over the last decade, over a billion Indians have expressed their trust in Aadhaar by using it to authenticate themselves over 100 billion times," the UIDAI said in a statement.
The unique id Aadhaar's custodian said that the report in question does not cite either primary or secondary data or research in support of the opinions presented in it.
"The investor service did not make any

Adhaar, UIDAI

Canada has updated travel advisory for its citizens in India asking them to "stay vigilant and exercise caution" in the context of recent developments as there are calls for protests and some "negative sentiment" towards Canada on social media.
Tensions flared between India and Canada following Canadian Prime Minister Justin Trudeau's explosive allegations of a "potential" involvement of Indian agents in the killing of Khalistani extremist Hardeep Singh Nijjar, 45, on his country's soil on June 18 in British Columbia. India had designated Nijjar as a terrorist in 2020.
India angrily rejected the allegations as "absurd" and "motivated" and expelled a senior Canadian diplomat in a tit-for-tat move to Ottawa's expulsion of an Indian official over the case.
"In the context of recent developments in Canada and in India, there are calls for protests and some negative sentiment towards Canada on social media. Please remain vigilant and exercise caution," the Canadian government said in an

The leaders of both countries should encourage bilateral trade and people-to-people exchanges that can help build bridges

India's rage is misplaced and hardly serves to endear the country to those appalled by the idea that it may have had a Canadian citizen killed

The technology, through the use of tiny accelerometers present in the android smartphones, can detect the very beginnings of earthquake shaking

Google

Corporate hospitals have a look-East policy as they feel this is an underserved region

Apollo Hospitals

Fintech firm Bright Money on Wednesday said it has raised USD 62 million (about Rs 515 crore) round of funding from a clutch of investors.
It has about 95 per cent of employees in India.
The funding includes USD 50 million in debt from Encina Lender Finance and USD 12 million in equity led by Alpha Wave, Hummingbird, and PeakXV, Bright Money said in a statement on Wednesday.
Encina Lender Finance provides lending solutions to consumer and commercial speciality finance companies across the US and Canada.
"The funding will be deployed towards building robust teams across product development, technology, analytics, and support functions like compliance and customer service," Bright Money co-founder and Co-CEO Petko Plachkov said in the statement
Bright Money app helps consumers get out of debt, with the power of AI and machine learning.
The mobile app combines all the technology needed to manage and get rid of debt. The company offers credit score building, automated debt paydown pl

rupee, indian rupee, indian currency

After securing the Gold Medal at the event, Indian all-rounder Deepti Sharma expressed her delight about the triumphant campaign at the Hangzhou Asian Games

Deepti Sharma, Indian women's cricket team

Meta CEO Mark Zuckerberg will kick off the tech giant's Connect developer conference on Wednesday with a focus on virtual and augmented reality and artificial intelligence (AI).
The company, which renamed itself Meta two years ago, is expected to unveil the next version of its virtual reality headset, the Quest 3 and discuss AI chat-bots and other tools and features designed to keep users interested in Facebook and Instagram as competition with TikTok continues. This remains Meta's biggest challenge, said Insider Intelligence analyst Yoram Wurmser.
A lot of this effort around chat-bots and stories and other ways just to keep engagement going (like) AI-driven personalization and stuff like that, that's the overarching challenge for the company, he said.
Squeezed by a slump in online advertising and uncertainty around the global economy, Meta has cut more than 20,000 jobs since last November.
Zuckerberg dubbed 2023 the company's year of efficiency as it reduces its workforce while ..

iRobot Roomba 695

Puresight Systems launches vacuum Roomba Combo j7+, starts at Rs 89,900

Amazon's $1.7 bn deal to buy Roomba maker iRobot gets US approval

Amazon's $1.7 billion iRobot purchase faces UK antitrust scrutiny

EU regulators set to investigate Amazon's $1.7-billion iRobot deal

Roomba vacuum maker iRobot to lay off 7% of workforce as revenue sinks

iRobot Roomba 695 review: Vacuum cleaner that makes the job easier