Thursday, 2 March 2023
Venkatesh Daggubati: వెంకటేష్ పాన్ ఇండియా సినిమాలో ముగ్గురు హీరోయిన్స్
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Parliamentary Standing Committee Approved Revised Draft of Data Protection Law: IT Minister
Union Minister Ashwini Vaishnaw on Thursday said the Parliamentary Standing Committee on Communications and Information Technology has given a "thumbs up" for the revised draft of the data protection law.
Vaishnaw, a bureaucrat turned politician who presently handles the IT portfolio, said an advanced copy of the revised bill on data protection was shared with the committee.
"I would like to share some good news that the Parliamentary Standing Committee on IT and Communications... before this bill is taken to the Parliament, they have given a big thumbs up," Vaishnaw said while speaking at the annual NTLF here.
In 2021, the government withdrew an earlier version of the same bill after a slew of changes suggested by a Joint Parliamentary Committee and promised to come up with a new bill, which it did late last year.
Debjani Ghosh, the president of the IT industry lobby Nasscom, said the bill needs to be passed at the earliest and hoped that it sails through this year itself.
Vaishnaw said when it comes to tech regulations, the world is at a complex moment where every country is looking at the issue in a different way.
India's endevaour will be to keep her aspirations in mind while taking a call on the subject and navigate the environment accordingly, he said, adding that no country should copy the other while formulating its laws.
Vaishnaw, who had attended the World Economic Forum at Davos in January, said there is an increased trust in India at the global stage.
He said Indian companies will have to be careful and not over-promise as they integrate into the global supply chain with their products and services.
"Promise what we can do, never over-promise," the minister told delegates at the summit, asking industry to focus on innovation and people.
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Reliance Jio Expects to Become Largest Player in 5G Sector in 2023, Says Company's President
India's biggest telecom operator Reliance Jio expects to become the world's largest player having a pure 5G network this year with promise to provide services at affordable rates to the masses, a senior official of the company said here.
Speaking to the PTI at the Mobile World Congress, Reliance Jio President Mathew Oommen said India needs inclusive growth and Jio will continue to support it.
"Jio will be the largest 5G SA (standalone) only network operator in the world in the second half of 2023, ensuring that all advanced services and capabilities are available affordably to the masses," Oommen said.
He was responding to questions around the company's 5G roll out plan and Jio's competitor Bharti Airtel pushing for an increase in mobile call and data services price. Jio has focussed on rolling out 5G SA while Bharti Airtel is rolling out 5G (NSA) non-standalone network which can provide a mix of 5G and 4G services.
"India needs inclusive growth. Jio will continue to support India's inclusive growth," Oommen said.
Bharti Airtel Chairman Sunil Bharti Mittal earlier this week said mobile call and data rates will go up this year as the return on capital in the telecom business is very low.
Airtel had last month increased the price of its minimum recharge or the entry-level for the 28-day mobile phone service plan by about 57 percent to Rs. 155 in eight circles.
Oommen did not elaborate further on the statement.
Jio has rolled out its 5G network in over 300 cities while Airtel has network in over 140 cities.
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Taraka Ratna Wife: నువ్వేంటో ఎవరికీ తెలీదు.. బాధను దిగమింగి మాకు ప్రేమను పంచావు.. తారకరత్న భార్య భావోద్వేగం
from Telugu Cinema News | తెలుగు సినిమా న్యూస్ | Latest Telugu Cinema News in Telugu https://ift.tt/ogbkxBj
Wednesday, 1 March 2023
Tesla Vows to Cut Production Costs by Half as Elon Musk Keeps Plans for Affordable EV Under Wraps
Tesla will cut assembly costs by half in future generations of cars, engineers told investors on Wednesday, but Chief Executive Elon Musk did not unveil when it will debut a much-awaited affordable electric vehicle.
Shares fell more than 5 percent in after hours trade following the company's investor day from its Texas headquarters.
More than a dozen Tesla executives led by Musk discussed everything from a white-paper plan for the globe to embrace sustainable energy to the company's innovation in managing its operations from manufacturing to service.
The presentation featured an array of senior engineers, including the new global production chief, Tom Zhu, a nod to Tesla's attempt to show the depth of its executive bench beyond Musk, the face of the company.
But there were no details about when next generation cars would be launched and what models would be offered.
Musk had been expected to lay out a plan to make a more affordable electric vehicle (EV) that would broaden his brand's appeal and fend off competition.
Executives said Tesla's next generation platform would include more than one vehicle built in standardised factories, but Musk brushed off questions about models in mind.
Tesla's chief financial officer, Zach Kirkhorn, and others underscored their dedication to cutting production costs.
Kirkhorn estimated Tesla must invest six times more than it has to date to hit its long-term target of increasing output to 20 million vehicles annually by 2030, a 10-fold increase from current capacity. The bill could be $175 billion (roughly Rs. 1,44,47,562 crore), he said.
The next investment step will be a new Tesla factory in northern Mexico, Musk said, announcing the first plant outside of the United States, Germany and China.
Musk did not comment on plans to revamp the Model Y sedan next year, called Project Juniper that Reuters flagged in a report on Wednesday, or a revamped version of its Model 3 sedan - a project codenamed Highland which Reuters has reported will go into production in September.
Design chief Franz von Holzhausen said the Cybertruck pickup is coming this year.
Mass market
Capturing the mass market is critical to Tesla's annual production goal, which is more than the combined production of the two largest volume vehicle makers - Germany's Volkswagen and Japan's Toyota.
It would also represent a sales volume for Tesla alone of about a quarter of last year's total global car sales.
Musk said the key to driving Tesla's sales volume would be bringing prices down for consumers, adding that Tesla's discounts offered this year had stoked demand.
"The desire for people to own a Tesla is extremely high. The limiting factor is their ability to pay for a Tesla," Musk said.
Tesla is the most valuable automaker, but its stock has swung wildly. Shares are down about half from their November 2021 peak, but have rebounded more than 60 percent this year.
Musk said Tesla could need as few as 10 models, which at target production would amount 2 million sales per year for each model line. By comparison, Toyota sells just over 1 million Corollas a year globally.
Tesla already has a lead over its rivals in manufacturing EVs at a profit. Chief Engineer Lars Moravy said the company expects to build its next-generation vehicles for half the cost of the current Model 3 or Model Y.
Moravy described a production process for future EVs he called an "unboxed" model of snapping together sub-assemblies to reduce complexity and time in production.
Tesla executive Peter Bannon gave an example of how the company uses data to cut costs. Customer data showed Tesla owners did not use the sun roof, he said, "so we removed it."
High-profile Tesla investor Ross Gerber tweeted that the presentation amounted to a "Huge tease" on the next-generation vehicle. "It's coming. They laid it all out. 50 percent less cost to build. Would get you a $25-$30k EV!"
Tesla has outperformed the industry in recent years, increasing deliveries rapidly despite the pandemic and supply-chain disruptions.
But Tesla cut prices in recent months to boost sales, which were pressured by a weak economy and growing threats from rivals in the United States and China.
Tesla will also have to improve its battery technology, which Musk has called the "fundamental limiting factor" for the transition to sustainable energy and more affordable cars.
Tesla has been struggling to scale up the production of advanced batteries, called 4680s. Executives on Wednesday said it was likely they could hit volume production this year, but added they were still testing two different production processes.
© Thomson Reuters 2023
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Mahesh Babu: కండల తిరిగిన సూపర్స్టార్ మహేష్.. ఫొటో వైరల్
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Naatu Naatu: ‘నాటు నాటు’ సాంగ్పై సద్గురు ఇంట్రెస్టింగ్ కామెంట్స్
from Telugu Cinema News | తెలుగు సినిమా న్యూస్ | Latest Telugu Cinema News in Telugu https://ift.tt/trpM2VF
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