Redmi K20, Redmi 7, Redmi 7A Kernel Sources Available On GitHub

Redmi K20, Redmi 7 and Redmi 7A kernel sources are now available on GitHub. While the Redmi K20 and Redmi 7A were launched last month, while the Redmi K20 is expected to launch in India soon.

The Redmi 7 on the other hand was launched in China in March, before being made available in India in May. Kernel source is an important part of the custom ROM development process for developers. Recently, Redmi K20 Pro and Mi Mix 3 5G smartphone’s kernel source were also made available by Xiaomi.

The kernel source for the Redmi K20, Redmi 7A, and Redmi 7 are now available to developers via Github. With Xiaomi releasing kernel source for these devices, developers can get to work like porting custom recovery for these devices. With a custom recovery, users who like to tinker with their smartphones will be able to flash different ROMs on their devices and it will help developers in building custom ROMs as well.

The Redmi K20 was launched in China last month, and is confirmed to arrive in India  in about four weeks. India chief Manu Kumar Jain has been dropping confirmation regularly about the arrival of the phone in the Indian market. The Redmi 7A was also launched in China last month, and should hopefully arrive in international markets soon. On the other hand, as we mentioned, the Redmi 7 was launched in China in March, and was brought to India in May.

Mi 9T With Snapdragon 730 SoC, 20- Mega Pixel Pop- up Selfie Camera Launched

As mentioned, the Redmi K20 Pro kernel source was also made available earlier this month, alongside the kernel source for Mi Mix3 5G.

The Redmi K20 features a 6.39-inch full-HD+ (1080×2340 pixels) AMOLED display that comes with an in-display fingerprint sensor. Under the hood, the phone has a Qualcomm Snapdragon 730 SoC, a triple rear camera setup that houses a 48-megapixel primary sensor, a 13-megapixel secondary sensor with a wide-angle lens, and an 8-megapixel tertiary sensor with an f/2.4 lens. Additionally, there is a 20-megapixel sensor on the pop-up camera module for selfies and video chat. The Redmi K20 has up to 256GB of inbuilt storage. Besides, the phone packs a 4,000mAh battery that supports 18W fast charging tech.

L&T Grabs Over ₹7,000 Crore Order Of Power Project In Bihar

Engineering and construction firm Larsen and Toubro (L&T) has grabbed a mega engineering, procurement and construction (EPC) order from SJVN Thermal Private Limited in order to set up a 2×660 MW ultra-supercritical power plant in Buxar district, Bihar.

The award bagged by L&T’s power division is over ₹7,000 crore as per the company’s classification of mega project.

Commenting on the order, Mr. Shailendra Roy, CEO & Managing Director, L&T Power & Whole-Time Director-L&T, said, “L&T is honoured to take on the responsibility of executing this prestigious project. Knowing the importance of this project for the State of Bihar, L&T shall aim to set new benchmarks in completion schedule, quality, safety and equipment/system performance.”

SJVN Thermal Private Limited is a wholly-owned subsidiary of SJVN Limited, a joint venture of the Government of India and the Government of Himachal Pradesh and a Miniratna public sector undertaking. Prime Minister Narendra Modi laid the foundation stone of the plant in March this year.

“With a majority of the equipment, including boilers, turbines, generators, being made locally in our world class manufacturing facilities at Hazira, this project will also go a long way in accomplishing the ‘Make in India’ initiative promoted by our Honourable Prime Minister,” Mr. Roy added.

The scope of work for L&T includes design, engineering, manufacture, procurement, supply, construction, erection, testing & commissioning of the Buxar project on turnkey basis.

This covers steam generator, steam turbine generator, electrostatic precipitator, NOx control system, flue gas desulphurization (FGD) system and complete balance of plant (BoP) systems, including raw water intake system, make-up water system, coal & ash handling system, ash dyke, complete E&I system, as well as switchyard and complete civil, structural and architectural works, said a company statement.

L&T shares on the BSE were trading up marginally at ₹1,543 in a weak Mumbai market on Monday morning.

BSNL Going Through Tough Phase, Nearly Impossible To Run Operations

The state- owned BSNL has sent an SOS to the government in order to seek immediate cash infusion as it is finding it “nearly impossible” to continue operations and even manage Rs 850 crore salary liability for June as outstanding liabilities of nearly Rs 13,000 crore have made its business “unsustainable”.

“The gap between monthly revenues and bare expenses to continue operations as a going concern has reached to a level where continuing with the BSNL operations would be nearly impossible without immediate infusion of adequate equity,” Puran Chandra, senior general manager at BSNL’s corporate budget and banking division, said in a letter to the joint secretary in the telecom ministry (who also sits on the board of BSNL).

In the letter, sent last week, the public-sector company has sought the government’s advice on the next “course of action” for deciding the fate of the ailing corporation.

BSNL is the country’s top loss-making PSU and according to a report by Kotak Institutional Equities, BSNL’s accumulated operating loss crossed Rs 90,000 crore at the end of December, 2018.

Despite talks of restructuring, the government has failed to provide any revival road map and even dismissed suggestions of closing it down, citing the company’s “strategic” importance.

The corporation has been on a downward spiral for the last many years, bogged down by excessively high employee costs, poor management functioning, unwanted and often misdirected government interference, and delays in modernisation plans (it still does not have 4G spectrum when the government is now working on 5G auctions).

The company’s mobile subscriber market share has nearly halved since 2004-05 and is at around 10% at present. Of its subscribers, many are low-paying customers against the high ARPU (average revenue per user) subscribers bagged by private operators such as Reliance Jio, Airtel and Vodafone-Idea.

Prime Minister Narendra Modi had taken stock of the BSNL’s ailing condition a few months back, and a presentation was made by BSNL’s chairman. However, no clear solution has emerged as how the company — with a manpower of nearly 1.7 lakh — will survive.

In fact, employee salaries and benefits are one of the biggest drain that the company faces. Employee expenses, including retirement benefit accruals, were estimated at 66% of BSNL’s operating revenues in FY18 versus 21% in FY2006. Airtel spent only around 3% of its revenues on personnel expenditure.

The creditors and suppliers to the company are also in trouble, saying there are huge outstandings. “BSNL just doesn’t pay. It is a task to recover our dues,” one of the suppliers said.

B K Syngal, former chairman of VSNL and a telecom industry analyst, says it is “better to shut down” BSNL if the governance in the company does not improve. “MTNL is already dead, and BSNL is now in the ICU. It has been a systematic destruction of PSUs by an overreach of the government. They don’t want to let go of their fiefdom,” Syngal said. “How can a person swim with hands and feet tied?”

Flipkart Co- founder Binny Bansal Sells ₹531 Crore Flipkart Shares To Walmart

The co- founder of India’s leading e-commerce market Flipkart, Binny Bansal sold around 54 lakh of his equity shares worth $76 million (₹531 crore) to the largest e- commerce giant Walmart’s Luxembourg entity FIT Holdings SARL, business intelligence platform Paper.vc said on Monday.

“Walmart increased its equity holding in Flipkart by buying 5,39,912 shares of its erstwhile co-founder Binny Bansal for $76 million through its Luxembourg-based entity FIT Holdings SARL,” said the Chennai-based Paper.vc in an e-mail to IANS.

Bengaluru- based Space Launch Start-up Bellatrix Raises ₹21 Crore

A space launches start-up Bellatrix Aerospace, based out of Bangalore said it has raised $3 million (around ₹21 crore) in initial or ‘pre-series A’ round from a bunch of sources.

The funding came separately from IDFC-Parampara, StartupXseed, the Karnataka government’s Karsemven Fund, and Survam Partners of the Suman Kant Munjal family, besides cine star Deepika Padukone’s KA Enterprises LLP, GrowX Ventures, and incubators CIIE of IIM-Ahmedabad and SINE of IIT-Bombay.

Bellatrix, founded in 2015 by a set of young engineers, is developing low-cost launch vehicles for transporting a globally growing number of small satellites and novel propulsion systems.

It said it would now speed up demonstration of its rocket technologies in space and their qualification – on its way to expanding its presence and developing a range of launchers.

Co-founder and CEO Rohan Ganapathy said, “During the coming months, we will be subjecting our thrusters to rigorous ground qualification tests and also work on key innovations. We will also be expanding to key global locations.”

Co-founder and COO Yashas Karanam said Bellatrix, now a team of 14, would look at doubling its strength.

The start-up is hosted at the Indian Institute of Science in Bengaluru.

Bellatrix is working on an electronic propulsion system for the Indian Space Research Organisation and projects of other undisclosed customers.

Jatin Desai, General Partner at Parampara Capital, was quoted as saying, “Bellatrix is at the cusp of commercialising path breaking innovation in space technology which has a huge addressable market globally.”

RBI Deputy Governor Viral Acharya Quits 6 Months Prior To His Term- End

The deputy governor of Reserve Bank of India (RBI) Viral Acharya has put in his papers six months before his term ends on January 20, 2020. Acharya was a coose aide of former governor Urjit Patel and it was his fiery speech in October 2018 that brought out the differences between RBI and the government. He had joined RBI from New York University’s Stern School of Business.

Many had expected that the deputy governor would step down along with Patel given that he was more voluble in his criticism of the government both in public speeches and in the contentious board meetings that took place last year. However, after he stayed on for three monetary policy review meetings after Patel’s exit it did appear as though he had settled down.

Although Acharya has not announced his plans yet, it is expected within RBI that he will be returning to Academia. Sources in RBI believe that the timing of his resignation might have to do with coinciding with the academic year in the US where he has a family.

Acharya is understood to have communicated his intention to step down to RBI governor Shaktikanta Das who in turn informed the finance ministry. The governors and deputy governors are appointed directly by the government, with the governor having a say in the selection of his deputies. Of the four deputy governors, two are selected from within RBI, one from the commercial banking sector and the fourth an economist.

According to sources the government is likely to grant an extension to deputy governor NS Vishwanathan whose term ends next month. The search for a successor could not take place due to elections and formation of the new government. Besides Vishwanathan, the other internal deputy governor is BP Kanungo while Mahesh Kumar Jain is a former banker.

Acharya was an exceptional governor in more ways than one. At 42, he was among the youngest to take on such a senior position. A computer engineer from IIT Mumbai with a President’s medal in 1995, Acharya had secured a doctorate from NYU. Among policymakers, he was seen as an inflation hawk and had often been the dissenting voice when the monetary policy committee voted for easing. He had a lighter side and once explained the relationship between the Centre and the government by singing lines from various Bollywood songs. An avid musician, in New York he had brought out a CD of songs composed by him the proceeds of which went to charity.

The defining moment of his term at RBI was when in his AD Shroff memorial lecture on October 26, 2018, Acharya lashed out at the Centre stating that governments that do not respect the independence of central banks will sooner or later incur the wrath of financial markets. The speech was the beginning of a slide in the relationship between the RBI and the government.

Economic affairs secretary SC Garg in a taunting tweet, when markets rose after Acharya’s speech, questioned the wrath of markets.

While other central bankers found the speech incendiary, it later turned out that there was provocation from the government which had threatened to invoke Section 7 giving directions to RBI for the first time in its 83-year history.

SC Seeks Response On Encephalitis Deaths From Nitish Govt Within 7 Days

The Supreme Court on Monday while expressing concern over encephalitis deaths asked for answers from Bihar goverment. The state has responded in affirmation and said that it has taken steps and things were “under control”.

The court asked the government to reply on the adequacy of medicines, nutrition and hygiene, following which the state said that “things were under control” and sought 10 days to file a written reply. However, the court granted it seven days to file a response.

During the hearing, one of the lawyers informed the court that similar deaths had occurred earlier in Uttar Pradesh.

A bench of Justices Sanjiv Khanna and B R Gavai took note of it and directed the state government to file its response as well. The matter has been posted for hearing after 10 days.

The petitioners, Manohar Pratap and S Ajmani, had in a PIL claimed that the Bihar government’s measures are inappropriate and not enough to control the outbreak of the disease in Muzaffarpur. Therefore, the apex court should pass appropriate directions in this regard.

The issue was recently raised in the Rajya Sabha, too. CPI MP Binoy Viswam had said that officially 130 children have died but the number is as high as 180. He added that hospitals have no medicines and infrastructure to treat children suffering from encephalitis, a type of brain disease.

Malnutrition and unsafe water is responsible for the deaths, the CPI said, adding 24 lakh children die every year due to malnutrition. He sought urgent improvement in health system and medical infrastructure and payment of “adequate compensation” to families of victims.

Municipal Corporation Faces Challenges To Clean Waste After Gupta’s Weddings In Uttarakhand

The Municipal Corporation in Auli diatrict of Uttarakhand is into the tiresome task of cleaning up the waste left after the ₹200 crore weddings of South Africa-based  Gupta family. 

The wedding celebrations of Suryakant, son of Ajay Gupta, took place in Auli between June 18 and 20, while the marriage of Atul Gupta’s son Shashank was held from June 20 to 22.

Earlier, a public interest litigation was also filedstating the extensive wedding preparations were damaging the environment.

Several chief ministers, Bollywood actors like Katrina Kaif, yoga guru Baba Ramdev attended the wedding. Ramdev also conducted a two-hour yoga session at the wedding. Choppers were hired to ferry the guests.

Almost all the hotels and resorts were booked and flowers were imported from Switzerland for the two high-profile marriages.

Supervisor of the Nagar Palika Parishad of Joshimath, Anil, along with a team of 20 men, has been given the task to deal with the waste.

“The wedding has created a waste problem in the hill station. The garbage has surpassed 40 quintals,” one of the team members said.

“Plastic packets and bottles are lying everywhere. Our cows graze in the area daily. What if they consume plastic? Who would take the responsibility? The situation here is really pathetic,” a local told ANI.

Mayawati Defocuses From Promise, Gives Major BSP Posts To Brother, Nephew

BSP chief Mayawati on Sunday while defocusing from her promise of not giving an official post to family member, appointed her younger brother Anand as the party’s vice-president and nephew Akash Anand as the national coordinator.

The decision came as a surprise for most members of the party as Mayawati had said in May 2018 that no member of her family would be given an official post. While announcing this, she had also removed Anand as BSP vice-president, just months after his appointment in October 2017. Anand has been facing several allegations of corruption.

BSP members who attended a meeting with Mayawati in Lucknow on Sunday where these decisions were announced said even as she declared her relatives’ names, she insisted that she was against dynastic politics, but was under pressure.

On January 17, two days after she celebrated her birthday, Mayawati had announced that she would groom her nephew for a bigger role in the party. The former UP chief minister had been peeved with media reports about Akash, who had made a public appearance with her on her birthday.

She had said that as a befitting reply to the “casteist and anti-Dalit” media which had ignored nepotism in other parties, she would “definitely bring Akash into the (BSP) movement and give him the opportunity to learn”. She had added, “If this troubles some anti-Dalit media, then our party doesn’t care.” A senior BSP member said Mayawati made it clear at the meeting that BSP would not be contesting the upcoming bypolls in UP or even the 2022 assembly elections in alliance with SP.