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SIDBI collaborated with Google for financial assistance to MSMEs

Small Industries Development Bank of India (SIDBI) has collaborated with Google to launch a $15 million financial assistance program for micro-enterprises. It is a one-of-a-kind program by SIDBI as a crisis response related to Covid-19 to reinvigorate the MSME sector Total corpus: $15 million or Rs 110 crore Target Group: Micro Enterprises with turnover up to Rs 5 crore Loan […]

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SIDBI, Google tie-up for loan programme targeted at micro-enterprises

SIDBI has entered into a collaboration with Google for having a social impact lending programme. The program entails financial assistance up to ₹1 crore at competitive interest rates targeted at micro-enterprises. The collaboration brings a corpus of $15 million to micro-enterprises. This envisages a loan program targeted at micro-enterprises (having turnover up to ₹5 crores), with loan sizes ranging between ₹25

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Google developed undersea fiber optic cables to detect quake, tsunamis

American multinational technology company Google claims it has developed a way to use subsea fiber optic cables to detect earthquakes and tsunamis. While such systems already exist, the company claims its technique uses existing fiber optic cables and works “over tens of thousands of kilometres” as opposed to the “up to 100 km” limit that

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Google to invests $10 bn in India over 5-7 years

Google has set up a ‘Google for India Digitisation Fund’, through which it will invest $10 billion in the country over the next five to seven years through a mix of equity investments, partnerships, operations, infrastructure and ecosystem investments. Daily Current Affairs Quiz 2020 Key-Points Through this fund, it will invest $10 billion in India

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Google launches SOS Alerts for coronavirus

The Google search engine would now be directing the users searching coronavirus to systematically arranged results about safety tips, situation updates, and resources from the World Health Organisation. Google announced this joint effort with the WHO on its official Twitter handle. Daily Current Affairs Quiz 2020 This new addition comes as a part of Google’s

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Google searches for ‘Operation Twist’ surge in India

Google searches for “Operation Twist” surged in India after the central bank announced its version of the U.S. Federal Reserve’s unconventional monetary policy. Most searches for the term came from Maharashtra, the state that’s home to the financial hub Mumbai, and could climb through the day. Daily Current Affairs Quiz 2019 The central bank buys

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Google partners with Dineout for reservations for consumers via Google Maps

Dineout announced its association with Google to enhance user experience by adding more features to Google Maps with the help of technology powered by Dineout. Users will now have more actions to explore within Google Maps by discovering dining out options near them, choosing from the available offers at restaurants and also reserve a table

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