Mobile companies commit Rs 11,000 cr investment under PLI scheme: ICEA

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Industry body ICEA, which represents top mobile phone makers like Apple, Foxconn, Wistron, Lava, etc, on Saturday said have committed investments worth Rs 11,000 crore under the PLI scheme and they will surpass manufacturing estimates by 2 to 2.5 times.


Major global players Wistron, Pegatron, Foxconn and Hon Hai and Indian such as Lava, Dixon, Micromax, Padget Electronics, Sojo, UTL and Optiemus have applied for benefits under the production-linked incentive (PLI) scheme.



According to the estimates of India Cellular and Electronics Association (ICEA), mobile phone will increase devices production in the country to around Rs 27.5 trillion on higher side under the PLI compared to government’s announcement of Rs 11 trillion.


Union telecom and IT minister has announced that as many as 22 domestic and international firms have lined up with proposals for mobile phones production worth Rs 11 trillion , which have potential to create direct and indirect jobs for around 1.2 million people over the next five years.


“Applications received under the PLI scheme with cumulative investment commitments worth Rs 11,000 crore, total production of mobile phones at

Arrested Zimbabwean Author, Booker Nominee Tsitsi Dangarembga Freed

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Zimbabwean top writer and Booker Prize nominee, Tsitsi Dangarembga was freed on bail on Saturday following her arrest during anti-government protests a day earlier.

Dangarembga, 61, was charged with incitement to commit violence and breaching anti-coronavirus health regulations after staging a two-women demonstration in Harare which coincided with the second anniversary of President Emmerson Mnangagwa’s disputed election.

She was arrested in the upmarket Harare suburb of Borrowdale alongside another protester and hauled into a truck full of police armed with AK-47 rifles and riot gear.

Police had banned the protests called by opposition politician Jacob Ngarivhume, head of a small party called Transform Zimbabwe, against alleged state corruption and the country’s slumping economy.

The government had denounced the protests, calling them an “insurrection”.

The Cambridge-educated author’s arrest came days after her latest novel, “This Mournable Body”, entered the long list for the Booker Prize.

“I’m happy to be out in the fresh air,” Dangarembga told AFP as she left the magistrates’ court.

“It’s a whole experience, something I’ve never gone through,” she said.

She said while the constitution provides for peaceful demonstration, “it seems impossible to do that practically because you run the risk of being arrested if you do

Housing minister unveils digital platforms to market residential properties

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Housing and Urban Affairs Minister on Friday launched digital platforms of real estate bodies CREDAI and NAREDCO to market residential properties, besides releasing a guide book for affordable rental housing scheme for migrants.


The minister launched ‘CREDAI Awaas App’ and NAREDCO’s online portal ‘HousingforAll.com’ through a video conference.



Puri released the knowledge pack of the government’s ‘Affordable Rental Housing Complexes’ (ARHCs) programme, which has been recently launched to provide rental accommodations to migrant and urban poor.


“We have launched these two portals. The idea came recently and we have been able to implement it,” Puri said.


The ARHCs scheme, which has been launched under the Pradhan Mantri Awas Yojana Urban (PMAY-U) as part of Atma Nirbhar Bharat Abhiyan, will help in providing dignified and affordable living spaces for urban migrants/ poor in need, he said.


The ARHCs scheme would also help real estate developers in retaining labour force on their sites, the minister said, adding that rental housing would be beneficial for young people.


On industry demand for one-time debt restructuring and 100 per cent FDI in affordable rental housing,

Facebook brings ‘official music videos’ to India; to feature big labels

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Facebook on Friday introduced ‘official videos’ in India to showcase videos from labels like T-Series Music, Zee Company, and Yash Raj Films on its platform.


The music video experience on Facebook is available in India, Thailand, and the US. Users in India will be able to watch content from the country’s top music labels T-Series Music, Zee Music Company, and Yash Raj Films, a statement said.



“Over the past year, we have been working with partners in the Indian music industry to build the foundation of a music video experience for our consumers, and are thrilled to launch official music videos on the platform,” Director and Head of Partnerships Manish Chopra said.


He added that the company will continue to find opportunities to add more unique social sharing experiences and bring music into the ways people share and connect on Facebook.


Facebook said ‘official music videos’ will “create new social experiences that go beyond just watching the video”.


“On Facebook, you will be able to discover new artists and tracks through social sharing, clicking through to a song from a

Facebook Challenges YouTube With Licensed Music Videos

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Facebook on Friday added licensed music videos to the social network in the US, challenging YouTube for the attention of online audiences.

Facebook said users will be able to “come together” around official music videos, with the promise of premier content from J. Balvin, Karol G, Sebastian Yatra, and other artists.

“With official music videos on Facebook, we’re creating new social experiences that are about more than just watching the video,” music business development vice president Tamara Hrivnak and entertainment vice president Vijaye Raji said in an online post.

“We’ll continue working with our music partners to build unique social experiences and bring music into the ways people connect and share.”

The Facebook “music experience” was already available in India and Thailand, but is making its US debut this weekend, according to Hrivnak and Raji.

The roster of US partners included Sony Music Group, Universal Music Group, Warner Music Group, and BMG.

Google-owned video-sharing service YouTube boasts more than 2 billion monthly users, many of those people tuning into music videos.

Subscriptions to YouTube premium content such as music have been climbing, according to recent earnings reports by parent-company Alphabet.

Interest in streamed entertainment has surged during the pandemic, as

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