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Reliance Industries to acquire US SenseHawk for $32 mn

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Reliance Industries Ltd has entered into a definitive agreement to acquire a majority stake in US-based SenseHawk Inc for $32 million.

In a regulatory filing late Monday, Reliance Industries said it has entered into an agreement to acquire a majority stake in SenseHawk for $32 million, including funding for future growth, commercial product launch, and research and development (R&D). ).

SenseHawk’s turnover for fiscal year 2022, fiscal year 2021, and fiscal year 2020 was $2,326,369, $1,165,926, and $1,292,063, respectively.

The transaction is subject to certain customary and regulatory closing conditions and is expected to close before the end of 2022.

California-based SenseHawk is a developer of software-based management tools for the solar power generation industry.

According to Reliance Industries, SenseHawk helps speed solar projects from planning to production by helping companies streamline processes and use automation, Reliance Industries said.

Sensehawk, along with the company’s other investments in New Energy, will be synergistic and create unique solutions with greater value for customers, Reliance Industries said.

“We welcome SenseHawk and their dynamic team to our family. RIL is committed to revolutionizing the green energy industry and has a vision to enable 100 GW of solar power by 2030,” said Mukesh Ambani, President and CEO of Reliance. Industries.

“In collaboration with SenseHawk, we will reduce costs, improve productivity and improve performance in time to deliver the lowest LCoE (Levelized Cost of Electricity) for solar projects around the world and make solar power the benchmark power source. along with our vision for solar energy. It’s a very exciting technology platform and I’m confident that with the support of RIL, SenseHawk will grow and multiply,” he added.

“We are delighted with the confidence that RIL (Reliance Industries Ltd) has shown in us with this investment. The SenseHawk team sees strategic value in working with RIL, as one of the world’s largest infrastructure corporations, and looks forward to this next phase in our growth,” said Swarup Mavanoor, CEO and co-founder of SenseHawk.


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State News

Pakistani man’s rendition of ‘Mann Bharrya’ from Shershaah will bring tears to your eyes

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The 2021 blockbuster Shershaah, starring Sidharth Malhotra and Kiara Advani, will always be remembered for its incredible story based on the life of Captain Vikram Batra.

Produced by Dharma Productions, the film had become the most watched Indian film on Amazon. The film led the 67th Filmfare Awards with 19 nominations, including Best Actor and Best Actress, and won 7 awards.

The songs in the film, especially ‘Mann Bharrya’ by graceful singer B Praak and Darshan Rawal’s Kabhii Tumhe Yaad, were huge hits. The film was released during the pandemic and touched the hearts of millions of people.

Now, a Pakistani man has taken social media users back to the times of the 2021 pandemic with his rendition of the hit song ‘Mann Bharrya’. Netizens are getting excited after seeing the video which is now going viral on social media platforms.

The Pakistani man is an artist identified as Mudasir Aashi Khan. He shared the video of himself singing the song, but there’s a twist. Khan changed the lyrics and rewrote them in his own words.

Sharing on his Instagram, he captioned, “This song is originally sung by @bpraak. But these lines are also written by myself.”

In the video clip of a few seconds, we can see him sitting among some other people. He soon begins singing the song with his own lyrics and receives a round of applause from the listeners. Since being shared online, the video has received more than lakhs of views and counting.

Impressed by Khan’s singing skills, people also posted comments praising him.

One user wrote: “Well written, truly music has no borders… Support from India” while another wrote: “Your voice like fire. really feel it fire. LOVE from India.”

Another user wrote: “What a blessed voice, lots of love from India. Keep growing,” while another wrote: “Love and much respect to you brother. Much love from India.”

Similarly, one user wrote: “So much love and respect…your voice is so soulful…so pure…keep spreading magic.”


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State News

Birthday celebration goes wrong; 5 held for cutting cake with sword on Bhubaneswar street

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Commissioner’s Police arrested five youths, including a minor, on Monday on charges of cutting a cake with a sword while celebrating a birthday in Bhubaneswar street.

The police action came after an alleged video of the birthday celebration went viral on various social media platforms.

In the video, around 15-20 youngsters can be seen using a sword to cut a cake while celebrating a birthday in the middle of the road in the Nayapalli area.

All the people in the alleged video are said to be residents of the Nayapalli area, the sources reported.

Prior to this incident, a KBN (Koi Bhai Nahin) gang was in the news for a similar event last year. Several young members of the KBN group broadcast images of themselves brandishing swords and sharp objects on social media. The video was filmed in the streets of the state capital.


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State News

Here’s what Sunny Leone thinks about Urfi Javed; KRK takes a stand for Uorfi

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Urfi Javed has been in the news for a couple of days after his ‘war of words’ with Indian author Chetan Bhagat. While various commoners, as well as celebrities, have commented on Uorfi and her strange fashion sense, now the attractive and beautiful Sunny Leone has shared her views on the fashionista.

Urfi sets the internet on fire with her weird but trendy outfits. While netizens don’t leave the opportunity to brutally troll her, there are several fans who come to support Urfi. There are even certain celebrities who have stepped in to defend and admire Urfi.

During an exclusive interview with Rohit Khilnani on Bollywood Hungama, Sunny shared her thoughts on Uorfi.

While answering the entertaining quick questions, when the host asked, “A Bollywood celebrity, whose fashion sense you feel, this person has surpassed it every time I open his Instagram.”

In response to this, Sunny said, “I would say Urfi.”

Later, the host said, “She (Urfi) will be very happy to see this.”

While Sunny crowned Urfi with the label of celebrity with the best fashion sense, analyst and controversial and self-proclaimed film actor, Kamaal Rashid Khan aka KRK lashed out at Sunny Leone while earlier defending Urfi and Nia Sharma .

Although KRK defended Urfi and Nia, at the same time, he criticized Sunny saying that it was Sunny who inspired these girls to wear such revealing clothes.

Earlier today, KRK tweeted: “Why are people criticizing #urfijaved #NiaSharma and other modern girls, when they allowed #SunnyLeone to stay in India to inspire all these girls? If you are considering a porn star (who also sells 2day porn movies) as a good girl, then don’t be hypocritical by criticizing Indian Girls.”


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