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indica News Bureau- The manufacturing of the country’s first indigenous aircraft carrier Vikrant is currently under phase three which involves setting to work of machinery and other equipment and it is likely to be commissioned by early 2022. The delivery deadline has been extended due to issues with the delivery of aviation equipment from Russia. According to […]
IANS- A federal judge in the US has temporarily blocked Microsoft from beginning work on the $10 billion Pentagon Cloud computing project following a motion filed by Amazon Web Services (AWS). The contents of the court order passed on Thursday was not made public, CNBC reported. Amazon had asked the judge to force a temporary […]
indica News Bureau- With US President Donald Trump’s visit to India, the premiers of the two countries hope to sign new trade deals before the 2020 elections in the US. Trump’s two day visit to New Delhi and Ahmedabad, with Indian Prime Minister Narendra Modi has been scheduled for February 24 and 25. Though so […]
IANS- An Indian American-led 3D company RIZE that aims to provide non-toxic atmosphere to its users, has entered into a strategic partnership with South Korea-based digital multi-function printer (MFP) manufacturer Sindoh. Sindoh will incorporate RIZE’s portfolio of materials — known for their zero emissions, sustainability and durability — opening new markets for both RIZE and […]
IANS- Microsoft co-founder and the world’s second richest man Bill Gates has commissioned himself a futuristic superyacht that’s powered entirely by liquid hydrogen — meaning its only emission is water — for Rs 4,600 crore. Gates is a regular superyacht holidaymaker but has not previously owned his own vessel and has preferred to rent during […]
IANS- Finance Minister Nirmala Sitharaman on Sunday said the latest Union Budget has laid the foundation for increasing consumption and building assets such as in infrastructure to lead towards building a $5 trillion economy. “I think we have laid the foundation for increasing consumption, ensuring that capex and government’s investment will go towards building of […]
indica News Bureau A legal U.S immigrant holding a green card has filed a lawsuit against an outsourcing and consulting company for what he claims was discrimination and violations of U.S. workplace laws, according to a published report. Nitin Degaonkar, an Indian business executive, filed suit in the Northern District of Texas against Infosys Limited, […]
(Ravi Dutta Mishra – Market pundits on Thursday contested RBI’s math by which the central bank concluded that it has the requisite policy space to deliver another rate cut in the near future. In its February policy meeting, the central bank did not trim the amount of cash that lenders must hold in reserve owing […]
Ritu Jha- The Budget proposal to provide an outlay of Rs 8,000 crore for quantum computing will put India in the same league as China, the US and Europe says Arogyaswami J Paulraj, (Emeritus), Department of Electrical Engineering at Stanford University, California. “Our current base in this technology is small and this massive […]
indica News Bureau- American real estate and office-sharing company WeWork named Indian-American real estate veteran Sandeep Mathrani as its new CEO. WeWork said the new role for Mathrani will be effective from February 18. Mathrani says, “I am grateful for the confidence Marcelo and the Board have placed in me and look forward to […]
