Connect with us

Technology

Amazon starts air freight services in these Indian cities. Check details

Published

on

Bloomberg | | Posted by Singh Rahul Sunilkumar

Amazon.com Inc. is beginning air freight services in India, expanding in Asia even as global online sales growth stalls following a pandemic-era boom.

The e-commerce retail giant will use cargo capacity in a Boeing 737-800 aircraft operated by partner Quikjet Cargo Airlines Pvt to begin shipments in Hyderabad, Bangalore, New Delhi and Mumbai, said Akhil Saxena, a vice president of customer fulfilment.

Amazon is trying to sell unused space in its cargo jets, as it adjusts to a post-pandemic slowdown that has forced it to cut 12,000 employees, or about 6% of its workforce.

Demand for air cargo has cooled, with the sector projected to slow down further this year. The Seattle-based ecommerce company has a fleet of more than 110 planes flying to more than 70 destinations worldwide, Saxena said, speaking at an Amazon Air launch event in Hyderabad, southern India, Monday. Amazon is offering space on its planes and charter flights, on top of plans to sublet excess warehouse space.

Amazon began its air cargo service in 2016, in what was soon seen as a challenge to United Parcel Service Inc. and FedEx Corp. Amazon Air operates out of small regional airports close to its warehouses, helping the company meet orders for one- and two-day delivery.

Source link

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Mann ki Baat: India’s techade dream to be fulfilled by innovators, says PM Modi

Published

on

PTI | | Posted by Ritu Maria Johny

Prime Minister Narendra Modi said on Sunday that domestic patent filings have outscored the country’s foreign patent filings as he expressed confidence that India’s dream of “techade” will be fulfilled on the strength of its innovators.

This underscores the country’s increasing scientific capabilities, he said in the first episode of ‘Mann ki Baat’ in the new year.

Modi has in the past used “techade” to describe the decade being dominated by technologies and India making most of it.

He said India’s rank in patent filling is seventh globally while it is fifth in trademark registration. India’s patent registration has risen by 50 per cent in the last five years, the prime minister said, noting that its ranking in the global innovation index has surged to 40 from below 80 in 2015.

“I am confident that India’s dream of techade will be fulfilled by its innovators and their patents,” he said.

The premier Indian Institute of Science had 145 patents in 2022 which is a rare record, Modi said.

In his address, Modi noted that this year’s Padma awards include a number of tribal people or those working for the community besides those who have strengthened the world of music.

He urged people to read about the winners and said their stories will inspire new generations.

Source link

Continue Reading

Technology

Mann Ki Baat: E-waste can harm environment if not disposed, says PM Modi

Published

on

Prime Minister Narendra Modi on Sunday called for a proper disposal of e-waste, saying it can become a great force to build a circular economy. During his first ‘Mann Ki Baat’ address of 2023, the prime minister cited a United Nations report which stated that 50 million tonnes of e-waste is being thrown every year.

“Can you imagine how much it is? Even if all commercial planes made in human history are weighed together, it will still be less than this e-waste. It is like, every second eight hundred laptops are being thrown away. About 17 types of precious metals can be extracted from this E-Waste through different processes”, he said.

“Therefore recycling of e-waste is no less than making gold from waste”, the prime minister said.

ALSO READ: Mann ki Baat: PM Modi talks about ‘People’s Padma’, recommends this book

“Whenever someone replaces their old device, it becomes necessary to keep in mind whether it is discarded properly or not. If E-Waste is not disposed, it can also harm our environment. If done carefully, it can become a great force in Circular Economy of Recycle and Reuse”, he added.

The prime minister also said that domestic patent filings in India have outscored the country’s foreign patent filings. He expressed confidence that India’s dream of ‘Techade’ will be fulfilled on the strength of its innovators.

Modi said India’s rank in patent filling is seventh globally while it is fifth in trademark registration. India’s patent registration has risen by 50 per cent in the last five years, the prime minister said, noting that its ranking in the global innovation index has surged to 40 from below 80 in 2015.


Source link

Continue Reading

Technology

This 45-year-old Biotech CEO spends $2 million a year to be 18 again

Published

on

Bryan Johnson is a California-based Biotech CEO, who is 45 going on 18…No, really. The entrepreneur, along with a team of 30 doctors, is on a mission to biohack youthfulness by spending over $2 million (approximately 16 crore) annually. According to a Bloomberg report, the experimental programme titled Project Blueprint consists of a strict vegan diet of 1,977 calories daily, high intensity exercise, consistent bedtime, regular ultrasounds, MRIs, colonoscopies and blood tests to make Johnson have the health of an 18-year-old. He even has a machine to monitor the number of erections at night, which are reportedly similar to a teenager’s.

His day starts with two dozen supplements and a green juice with creatine and collagen peptides, and tracking of his body fat, heart rate variations and blood glucose levels. He also dons blue-light-blocking glasses, which filter the brain-stimulating blue rays from electronic devices, two hours before hitting the sack.

The efforts to stop time in its tracks have shown early results with doctors saying the software CEO now has the heart of a 37-year-old, the skin of a 28-year-old, and the lung capacity of an 18-year-old, gum inflammation of a 17-year-old and a record reversal of at least 5 years overall.

Led by Oliver Zolman, a 29-year-old physician who aims to prove that humans can decrease the medical age of their organs by 25%, charges $1,000 hourly for the medical tests undertaken by Johnson.

The CEO of KernelCo, a startup that manufactures $50,000-apiece helmets that analyze brain signals, has also started a website called Rejuvenation Olympics which ranks 1750 people who are striving to reverse their age, with Johnson topping the charts.

In his 30s, after selling his company Braintree Payment Solutions to EBay for $800 million, his mental and physical health went for a toss due to the stressful lifestyle. He was inspired to chase youthfulness after battling depression and obesity. He now aspires for all his major organs — including brain, liver, kidneys, teeth, penis and rectum — to be as healthy as a teen’s.


Source link

Continue Reading

Trending