Bangalore: Profinch Solutions, a bootstrapped Indian Fintech company, appears to have been embroiled in a financial crisis, which put the lives of its 1500-work force literally onto the streets. The Company which was founded in 2014 and Finalist of Fintech Scaleup of the year 2022, on the verge of collapse. It is a conglomeration of…
New Delhi: Ministry of Electronics and IT will start setting up Bharat Semicoductor Research Centre from next year in collaboration with the industry and academia, minister of state Rajeev Chandrasekhar said on Friday. The minister said that Prime Minister Narendra Modi’s vision is that Indians should be involved in the leadership of semicoductor research. “A group…
New Delhi: Internet major Google will make the Pixel series of smartphones in India, starting with Pixel 8, and plans to roll out the India-made devices in 2024, a senior company official said on Thursday. The tech titan outlined its manufacturing plans at the annual Google for India event that also saw other key announcements…
New Delhi: The Indian Space Research Organisation (ISRO) will carry out the first of several test flights ahead of the Gaganyaan mission on October 21, Science and Technology Minister Jitendra Singh said on Tuesday. The test vehicle development flight (TV-D1) will be conducted at the Satish Dhawan Space Centre in Sriharikota in Andhra Pradesh to test…
New Delhi: India’s fast-growing civil aviation market has the scope to have 130-150 more wide-body planes as airlines expand their operations and there is also the potential for more such aircraft to be deployed in dense domestic routes, GE Aerospace South Asia CEO Vikram Rai said. GE Aerospace, a leading aircraft engine maker, sees a “great…
New Delhi: Internet major Google will roll out an earthquake alert service in India that works using sensors in Android smartphones to detect and estimate the intensity of earthquakes, the company said on Wednesday. Google has introduced “Android Earthquake Alerts System” in India in consultation with the National Disaster Management Authority (NDMA) and the National Seismology…
New Delhi: IT company Infosys plans to train and certify 50,000 employees on NVIDIA AI technology to provide expertise to its customers across industries, the company said on Wednesday. The development follows expansion of collaboration between Infosys and chipset company NVIDIA to provide generative AI-based solutions to enterprises worldwide. “Infosys plans to set up an…
New Delhi: The production of 40 Airbus C295 medium tactical transport aircraft in India will be a “game changer” as it would facilitate the creation of a world-class aerospace ecosystem in the country that would help in manufacturing other planes in the long-run, Indian Ambassador to Spain Dinesh K Patnaik said here. The Indian Air Force received the first C295 aircraft on…
New Delhi: India and the US on Friday expressed their support for building a resilient global semiconductor supply chain while reaffirming a pledge to sustain high-level engagements between governments, industries and academic institutions. In a joint statement issued their bilateral talks here, Prime Minister Narendra Modi and US President Joseph Biden called upon the two governments…
Bengaluru: The Laser-Induced Breakdown Spectroscope instrument onboard ‘Pragyan’ rover of Chandrayaan-3 has “unambiguously confirmed” the presence of sulphur in the lunar surface near south pole. “Laser-Induced Breakdown Spectroscope (LIBS) instrument onboard the Rover unambiguously confirms the presence of Sulphur (S) in the lunar surface near the south pole, through first-ever in-situ measurements. Al, Ca, Fe,…
