New Delhi: TI Growth Opportunities (ITIGo) has achieved a significant milestone by closing the first round of its second AIF fund at Rs 80 crore in a remarkably short time. This success underscores the robustness of the investment team, spearheaded by Mohit Gulati, with exceptional support from the ITI Group, past limited partners (LPs), active…
Bengaluru: ISRO on Monday said it is developing a 2,000 kN (kilonewton) thrust semi-cryogenic engine working on a Liquid Oxygen (LOX) Kerosene propellant combination for enhancing the payload capability of Launch Vehicle Mark-3 (LVM3) and for future launch vehicles. Liquid Propulsion Systems Centre (LPSC) is the lead centre for the development of semi-cryogenic propulsion systems…
Balasore (Odisha):Â India on Wedensday successfully flight-tested the supersonic missile-assisted release of torpedo (SMART), arine warfare system, from an island off the Odisha coast, a defence official said. The system was launched around 8.30 am from the ground mobile launcher. Several state-of-the-art mechanisms such as symmetric separation, ejection and velocity control have been validated in…
New Delhi: The defence ministry has issued a tender to state-run aerospace major Hindustan Aeronautics Limited for procurement of 97 light combat aircraft (LCA Mk-1A) Tejas for the Indian Air Force, officials said on Friday. The fighter jets are expected to cost around Rs 67,000 crore. The Tejas aircraft is a potent platform for air…
New Delhi: Cyber attacks and data breaches are the top business risks for organisations in India, according to the 2023 Global Risk Management Survey. Cyber attacks and data breaches were placed seventh in the 2021 business risks survey. Global professional services firm Aon collected inputs from around 3,000 risk managers, c-suite leaders, treasurers, talent professionals,…
New Delhi: Trustworthy and capable, she can juggle roles such as data scientist and customer service and move on to specialised tasks like pharmacist’s assistant. ‘Universal AI employee’ Ema can morph into any role and has what it takes to quickly become an organisation’s best worker, says founder Surojit Chatterjee. Chatterjee, who previously spearheaded Google…
New Delhi: Prime Minister Narendra Modi on Monday congratulated DRDO scientists over the first flight test of indigenously developed Agni-5 missile, capable of deploying multiple warheads. “Proud of our DRDO scientists for Mission Divyastra, the first flight test of indigenously developed Agni-5 missile with Multiple Independently Targetable Re-entry Vehicle (MIRV) technology,” Modi said on ‘X’….
New Delhi: As the world looks to double the data centre industry size to about USD 8 trillion, India has an opportunity to leapfrog into accelerated computing as it has no legacy infrastructure, a senior official of GPU major NVIDIA said on Friday. Speaking at Tie-Con Delhi-NCR, NVIDIA Asia South Managing Director Vishal Dhupar said…
New Delhi: India leads in content creation in the South Asia region, accounting for over 70 per cent of the region’s information on Wikimedia projects, non-profit organisation Wikimedia Foundation said on Friday. Wikimedia Foundation, the entity behind Wikipedia, said that India has witnessed a commendable 13 per cent growth in content related to women on…
New Delhi: India will, in next five years, join the high-stake global stage of semiconductor manufacturing as it combines unparalleled design capabilities with USD 10 billion of incentives to draw manufacturers to set up new fabs and units that will cut dominance of Taiwan, South Korea and China, said IT and Telecom Minister Ashwini Vaishnaw….
