Technology

Defence Group Lockheed Martin has restated the export potential of made in India F-16 fighter aircraft, with top official seeing an export potential for US$20 billion while competing for another US$15 billion long-term order from the Indian Air Force.

In India, it is the season of high-value car launches by Lamborghini, BMW and showcasing latest tech-savvy models for a market that is just beginning to dream big on cars as Volkswagen announced a new facility at Pune.

India will host global steel industries at a three-day India Steel 2019 Exhibition and Conference being held in Mumbai 22-24 January 2019.

Germany’s BMW @bmw has launched its new X4 car model from its Chennai-based plant for luxury car market in India.

Volkswagen has opened a facility in Pune, a first step in the German Group’s Euro1 billion (Rs.7,900 crore) to make cars for the Indian market.

Efforts to uncover global talent     Old Greenwich-based WorldQuant, the global quantitative asset management firm, and Mumbai’s QuantInsti, the algorithmic trading research and training institute, have announced a new hiring partnership intended to increase opportunities for quantitative trading talent...

Hindustan Aeronautical Ltd (HAL) is delivering Jan 2019 new Dornier 228 aircraft fitted with improved ‘state of the art’ sensors and equipment which includes glass cockpit, Advanced Surveillance Radar, ELINT, Optical sensors and networking features.

Larsen & Toubro Infotech Ltd has acquired Ruletronics, a pure-play Pega® consulting and implementation company with offices in the UK, USA, and India.

Home Minister Rajnath Singh has approved a report of Task Force created by his Ministry to identify areas for use of Space Technology in improving Border Management.

India is using Nanosatellites in infrastructure development such as roads and railway lines as well as disaster management, said Dr. Jitendra Singh, Minister of State for Atomic Energy and Space Development.