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Drone pilots are increasingly sought after across various industries, with the commercial unmanned aerial vehicle market projected to reach $54.6 billion by 2030. Professionals like Kevin Chang, Tong Cheuk Fung, and Ng Aik Thong illustrate the diverse applications of drone technology, from building inspections to rescue missions. The demand for skilled UAV operators is expected to grow significantly, with a potential 650,000 jobs linked to widespread drone adoption.
The wireless healthcare market is projected to grow from $174.27 billion in 2023 to $205.78 billion in 2024, driven by the demand for remote access via mobile phones and innovations in wearable health devices. By 2028, the market is expected to reach $422.16 billion, fueled by global health responses and advancements in digital therapeutics. Key players include AT&T, Cerner, and Qualcomm, among others, highlighting a competitive landscape focused on enhancing healthcare delivery through technology.
Mahindra and Mahindra has unveiled its new BEVs, the BE 6e and XEV 9e, featuring 59kWh and 79kWh batteries, offering ranges of approximately 535-542km and 656-682km, respectively. Both models include premium features and will begin bookings in January 2025, with retail expected by February/March 2025. The company maintains a 'BUY' rating with a target price of Rs 3,456, reflecting strong growth potential in its EV business and subsidiaries.
Volkswagen Group and SAIC have extended their joint venture to 2040, enhancing their collaboration in the rapidly evolving Chinese automotive market. This long-term agreement aims to accelerate the electrification of vehicles, optimize production efficiency, and implement ambitious decarbonization initiatives, ensuring a competitive edge in intelligent electric mobility. The partnership, which has lasted 40 years, focuses on developing new electric models and maintaining a leading market position in smart technologies.
CHARGE has officially opened South Africa's first off-grid, ultra-fast electric vehicle charging station in Wolmaransstad, powered entirely by renewable energy. The facility features six DC fast charging points and two AC charging points, aiming to enhance EV infrastructure in remote areas. This initiative aligns with the South African Renewable Energy Masterplan and is expected to create economic opportunities for local communities while reducing transport emissions.
The Nifty IT index reached a record high of 44,085, with a 40% gain over the past year, reflecting strong performance in the sector despite previous challenges. Experts attribute this rebound to robust order books and significant deals from major firms like Infosys and TCS, alongside resilient demand in banking, healthcare, and retail. While near-term pressures may affect margins, long-term growth is expected to stem from earnings rather than stock price increases.
Shares of HBL Power and Kernex Microsystems surged on November 28 following Railway Minister Ashwini Vaishnaw's update on the 'Kavach' system deployment. The next phase includes equipping 10,000 locomotives and inviting bids for trackside works covering approximately 15,000 RKm. HBL Power's shares rose 1.62% to Rs 626.4, while Kernex hit an all-time high, locked at a 5% upper circuit at Rs 1,110.75.
China is set to enhance its Beidou positioning and navigation system, with key technology research expected to be completed by 2025 and three test satellites launching around 2027. The upgraded system, featuring satellites in various orbits, aims to provide high-precision navigation services and could surpass U.S. GPS capabilities, bolstering China's global influence and military capabilities by 2035.
Maersk has unveiled its latest dual-fuel methanol vessel, the A.P. Møller, as part of its decarbonization efforts, aiming for net-zero emissions by 2040. This 350-meter ship can run on green methanol, significantly reducing CO2 emissions and sulfur pollutants. With plans for 25 such vessels by 2027, Maersk is leading the industry towards sustainable shipping, supported by increasing client demand and regulatory changes.
UAE clean energy leader Masdar is ramping up investments in renewable projects across multiple countries, including Azerbaijan, Kazakhstan, Uzbekistan, and Malaysia, aiming for 100GW capacity by 2030. Recent agreements include a 1GW wind farm in Kazakhstan and a floating solar project in Malaysia, alongside partnerships in the Belt and Road Initiative. Additionally, Masdar is utilizing AI technology at its Zarafshan wind farm in Uzbekistan to protect local bird species.

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