Technology

Scope of contract is to supply DCS800 DC drives, dry type transformers, Global technology company ABB will provide electromagnetic brake systems (EMBR) for two compact strip production (CSP) casters at Tata Steel's flagship plant in Jamshedpur, working under contract from...

New York platform to work on product and content expansion New York-headquartered, AlphaSense, which employs over 450 people across offices in the US, UK, Finland and India, has announced US$180 million Series C financing round, proceed from which will be...

Mallya sees partnership enriching lives of people in India and the world The National Institution for Transforming India (NITI Aayog), Amazon Web Services (AWS) and Intel have come together to establish a new experience studio at the NITI Aayog Frontier...

IVAs are vital aspects of NSE digital transformation Silicon Valley-based interface.ai is to enable large-scale digital transformation by offering an AI-powered experience to NSE's (National Stock Exchange) trading and clearing members, investors, and corporate partners with the launch of Intelligent...

Goyal bullish on FinTech, Startups and Unicorns India is poised to become one of the largest digital markets in the world as the country has achieved the highest FinTech adoption rate at 87% against the global average of 64%, Commerce...

Health startup attracts international funding for building virtual hospitals With the US$120 billion Indian health delivery market fast moving towards digitization, the country's startup MFine has announced on 29 Sept 2021 a US$48 million Series C funding round, which is...

Alstom aims to reach 85% localisation on all domestic projects by 2025 India has always been a pivotal market for Alstom, which has invested Euro142 million (Rs.12,556 million) locally in the last 5 years and remains committed to provide unflinching...

More than 22,000 compliances reduced in procedures, says Goyal A big exercise is being carried out by Central Ministries, States and Union Territories (UTs) to reduce compliance burden and simplify, decriminalize and remove redundant laws, said Piyush Goyal, Minister of...

Modified ground system of the existing Akash weapon system used in test A new version of the Akash Missile, ‘Akash Prime’ has been flight tested from Integrated Test Range (ITR) at Chandipur in Odisha on 27 September 2021. The missile,...

NGS-Digital PCR to provide DNA-based and molecular-biology solutions for food testing SGS is expanding food testing capabilities with the launch of the Advanced Centre of Testing (ACT) at Ambattur laboratory in Chennai to help agriculture and food industry combat fraud,...