India not really prepared for Electric Vehicles at the moment: Volkswagen

Agencies
March 15, 2018

Geneva, Mar 15: German auto major Volkswagen says India is not "really prepared" for a leap towards full electric vehicles (EVs) although the government's move to put it on the agenda is a good step.

The company, which has announced plans to expand production of EVs worldwide on a massive scale with 16 locations to produce battery-powered vehicles by the end of 2022, also said India should be clear about what kind of technology it wants.

"I believe it was a good step from the government to put it (EVs) on the agenda. It is absolutely necessary for India," Volkswagen India President and Managing Director Andreas Lauermann told PTI when asked about the company's plans for EVs in India.

He, however, added, "...but we all know that India is a not really prepared for a such a step at the moment. Also in terms of technology, India should be clear what kind of technology it wants."

On the compatibility of the company's existing EVs with the Indian market, he said,"When we look at our EVs at the moment with the technology, it is a little bit too early there (in India)."

Recently, the Indian government think tank Niti Aayog had said there was no need for an electric vehicle policy, and technology should not be trapped by rules and regulations.

Another factor, which is also deterring VW from accelerating the launch of its EVs in India, according to Lauermann, is the "new import duties (as) they are absolutely not fitting in our strategy".

"There is no plan visible for the future development in term of technologies," Lauermann said.

On a hike in import duties on automobiles imposed by India, he said, "It was clearly against European auto firms and this is not acceptable."

He, however, said VW hasn't taken a final decision on increasing product prices in India.

In the Budget for 2018-19, Indian government increased customs duty on CKD (completely knocked down) imports of motor vehicles, motor cars, motorcycles from 10 percent to 15 percent.

Further, duty on CBU (completely built units) imports of motor vehicles (trucks and buses) had been hiked from 20 percent to 25 percent.

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Agencies
March 12,2020

Thiruvananthapuram, Mar 12: In the wake of COVID-19 outbreak, Internet service providers in Kerala have agreed to step up the network capacity by 30 to 40 per cent of the present capacity to meet the demand, especially in view of the spurt in work-at-home mode.

"The decision was made at a meeting of representatives of various telecom service providers in Kerala circle and officials of the Telecommunication Department convened by the Secretary, Electronics and IT, following a direction by Chief Minister Pinarayi Vijayan to look into the issue," said a press release by the IT Department.

The decision will be beneficial for those working in IT institutions. The government has come out with a set of suggestions to avoid social gatherings at public places in view of coronavirus spread. Telecom service providers have assured the government that they are well equipped to face the current situation.

The major part of Internet consumption in Kerala is made available through local servers. Moreover, global Internet traffic is very low as compared to the overall consumption. So, increasing the capacity won't be difficult, service providers informed.

"Complaints regarding the low availability of the Internet due to the spurt in consumption of the Internet can be made to the service providers to their complaint redressal number or inform state government call centre (155300). But complaints regarding the insufficiency in the current network infrastructure should be strictly avoided," said the release.

The IT Department will also demand daily reports from various telecom service providers. By analysing these reports, steps for remedies will be taken after bringing the sudden increase in consumption to the service providers.

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Agencies
January 7,2020

Washington, Jan 7: Facebook will ban deepfake videos ahead of the US elections but the new policy will still allow heavily edited clips so long as they are parody or satire, the social media giant said Tuesday.

Deepfake videos are hyper-realistic doctored clips made using artificial intelligence or programs that have been designed to accurately fake real human movements.

In a blog published following a Washington Post report, Facebook said it would begin removing clips that were edited--beyond for clarity and quality--in ways that "aren't apparent to an average person" and could mislead people.

Clips would be removed if they were "the product of artificial intelligence or machine learning that merges, replaces or superimposes content onto a video, making it appear to be authentic," the statement from Facebook vice-president Monika Bickert said.

However, the statement added: "This policy does not extend to content that is parody or satire, or video that has been edited solely to omit or change the order of words."

US media noted the new guidelines would not cover videos such as the 2019 viral clip -- which was not a deepfake -- of House Speaker Nancy Pelosi that appeared to show her slurring her words.

Facebook also gave no indication on the number of people assigned to identify and take down the offending videos, but said videos failing to meet its usual guidelines would be removed, and those flagged clips would be reviewed by teams of third-party fact-checkers -- among them AFP.

The news agency has been paid by the social media giant to fact-check posts across 30 countries and 10 languages as part of a program starting in December 2016, and including more than 60 organisations.

Content labeled "false" is not always removed from newsfeeds but is downgraded so fewer people see it -- alongside a warning explaining why the post is misleading.

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Agencies
March 7,2020

New Delhi, Mar 7: The Union government has issued a Global Invite for Expression of Interest for disinvestment in Bharat Petroleum Corporation Limited (BPCL) from prospective bidders with a minimum net worth of $10 billion as of Saturday.

The EoI submissions can be made till May 2, whereas investor queries will be entertained till April 4.

Another condition pertains to a maximum of four members are permitted in a consortium, and the lead member must hold 40 per cent in proportion. Other members of the consortium must have a minimum $1 billion net worth.

The EOI allows changes in the consortium within 45 days, though the lead member cannot be changed.

The GoI proposes to disinvest its entire shareholding in BPCL comprising 1,14,91,83,592 equity shares held through the Ministry of Petroleum and Natural Gas, which constitutes 52.98 per cent of BPCL's equity share capital, along with the transfer of management control to the strategic buyer (except BPCL's equity shareholding of 61.65 per cent in Numaligarh Refinery Limited (NRL) and management control thereon).

The shareholding of BPCL in NRL will be transferred to a Central Public Sector Enterprise operating in the oil and gas sector under the Ministry and accordingly is not a part of the proposed transaction.

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