Technology

Maritime sector is rapidly changing, says Sinha International ship classification society IRClass’ Managing Director Suresh Sinha asserted that classification societies are looking beyond their traditional roles as regulators and exploring ways in which they can leverage their technical expertise to...

ISRO-NASA joint mission in 2022 The Nuclear Power Corporation of India Limited and Westinghouse Electric Company are to finalize the techno-commercial offer for the construction of six nuclear reactors in India at the earliest date. This is part of the...

India to get most advanced helicopters President Donald Trump has signed US$3 billion worth of defence deals with India during state visit 24-25 Feb 2020, taking the two countries ties to a comprehensive global partnership level. India will buy 30...

Dometic-LTTS partnership progresses L&T Technology Services Limited (LTTS) has opened a dedicated Global Engineering Center (GEC) in Chennai to complement Dometic’s product engineering roadmap supporting a multi-year engineering services engagement it has secured from the Stockholm-based global group. The GEC...

Technologies can help detecting frauds One of the challenges for policy makers, especially in countries like India, is to ensure that new innovations in banking sector serve the customer by reducing the cost of financial services and enhancing the range...

Focus on healthcare apps The healthcare apps market in India is projected to post a CAGR of ~31.61% during the 2019-2024 period, reaching Rs.138.00 billion by 2024, according to a ResearchAndMarkets report. It was valued at Rs.27.01 billion in 2018,...

Public cloud share at 66% The cloud infrastructure market in India is estimated to expand at a compound annual growth rate CAGR of ~23.61% during 2019-2024, reaching a value of Rs.196.46 billion by the end of forecast period, said a...

Export markets: US, Nepal and Sri Lanka The Indian agricultural machinery market is expected to reach Rs.901.41 billion by 2024, expanding at a CAGR of ~10.7% during the 2019-2024 period. It was valued at Rs.498.04 billion in 2018. The industry...

Heappey sees IP co-developments Defence Procurement Minister James Heappey has urged British companies to actively explore investment opportunities in the two defence corridors being established in the Uttar Pradesh and Tamil Nadu states. “There are so many opportunities for our...

VP wants adequate credit for farmers The Vice President, M. Venkaiah Naidu, has called for quality power supply, development of rural infrastructure including godowns, cold storage facilities, refrigerator vans among others to boost the agriculture sector. He also called for...