
Sun Dec 08 03:12:24 UTC 2024: ## Indian Tech & Business News Roundup: December 7, 2024
**Israeli Firm Invests in Indian IP Phone Manufacturing:** Tadiran Telecom, an Israeli communications company, plans to invest at least $10 million (₹84 crore) annually to manufacture IP phones in India in partnership with DCM Shriram. They aim to produce 100,000 phones per year. These phones, commonly used in businesses, offer multiple communication functions including conference calls. Tadiran has operated in India for 26 years through business partners, with 70% of its business stemming from software and 30% from hardware.
**Vodafone Idea Launches Night-Time Unlimited Data Plan:** Vodafone Idea (Vi) introduced the “Vi Super Hero” prepaid plan, offering unlimited data from midnight to noon. This expands on their existing midnight-to-6 AM free data offer. The plan is currently available in select circles.
**IDFC FIRST Bank Unveils AI-Powered Holographic Avatar:** IDFC FIRST Bank launched an AI-powered holographic digital avatar, featuring Amitabh Bachchan, to enhance customer interaction at its Juhu, Mumbai branch. This 3D virtual representation allows customers to interact with the bank and access information on services and products. The bank plans to expand this service to more branches nationwide.
**Infosys Co-founder Narayana Murthy Purchases Luxurious Bengaluru Apartment:** Infosys co-founder N.R. Narayana Murthy reportedly purchased a second luxury apartment in Bengaluru’s UB City, specifically the Kingfisher Towers, for ₹50 crore. The 8,400 sq ft apartment, located on the 16th floor, features four bedrooms and five-car parking.
**LIC Launches Golden Jubilee Scholarship Scheme:** The Life Insurance Corporation of India (LIC) announced its Golden Jubilee Scholarship Scheme 2024 to support students from economically weaker backgrounds. The scheme offers financial assistance to meritorious students who completed their 10th, intermediate, or diploma in 2021-22, 2022-23, or 2023-24 academic years with a minimum of 60% marks. Scholarships are available for higher education in various fields in 2024-25.
**(Note: The information regarding the chess match draw and the “Mata” free medical camp in New Jersey was excluded as it lacks sufficient detail for a news article summary and was likely part of a larger news roundup.)**