DAILY G.A UPDATE : 15-11-2016
1. Indo-China joint military training exercise started
Joint Military Training exercise 'Hand in Hand 2016' between India-China started. This exercise will be held from 15 to 27 November.
The exercise is in continuation of the series of joint exercises between India and China, a Defence release issued.
2. Ujjivan gets final RBI nod for small finance bank
Ujjivan Financial Services has received the final licence from Reserve Bank of India to start small finance bank.
3. WGF, Pratham partner to promote girls education in India
A US non-profit, WHEELS Global Foundation (WGF) started by alumni of Indian Institutes of Technology, has partnered with India's largest educational NGO Pratham to promote girls education in underserved communities across five states in India.
WHEELS Global Foundation (WGF) is a nonprofit organisation focussed on applying technology to uplift rural communities and provide technological solutions to global challenges in six areas; water, health, education, energy, lifestyles, and sustainability.
Through the partnership, WGF will help enhance Prathams Second Chance programme, which assists female school dropouts over the age of 14 in completing their secondary school education and earning their 10th Standard diploma, through the provision of digital learning resources, WGF said in a statement.
On partnering with Pratham on the Second Chance initiative to assist the young dropout girls, WGF President Hiten Ghosh said, "Using digital teaching tools allows the young adults to learn at their own pace, which is important."
Pratham currently operates 33 centers connected to 200 learning sites in nine Indian states of Andhra Pradesh, Bihar, Chhattisgarh, Gujarat, Madhya Pradesh, Maharashtra, Odisha, Rajasthan and Telangana, aimed at supporting female dropouts. The partnership will introduce digital learning solutions in five of these states, reaching 1,700 students.
4. Reliance Group launches IoT services venture 'UNLIMIT'
Anil Ambani promoted Reliance Group announced a strategic partnership with Cisco Jasper for the launch of its new venture 'UNLIMIT' to provide Internet of Things (IoT) services to enterprise customers across India.
The outlook for IoT services in India is virtually UNLIMITed, with the number of connected devices projected to rise from 200 million today to around 3 billion by 2020, and revenues set to increase from USD 5.6 billion today to USD 15 billion in 2020," Amitabh Jhunjhunwala, Group Managing Director, Reliance Group said.
IoT, fuelled by machine-to-machine communication, essentially refers to microprocessor and sensor-fitted gadgets or things within a network talking to each other, swapping real-time data and information to perform specific actions. Examples of connect devices swapping live information with one another could include vehicle-to-vehicle communication, smart buildings, smart vending machines, and so on. The technology can also be applied to areas like manufacturing, retail, and healthcare among others.
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