India

Renewable energy sector growth attributable to wind, solar energy: ICRA

Renewable energy sector growth attributable to wind, solar energy: ICRA

New Delhi [India], Apr 25 : According to credit-rating body ICRA, the growth of the renewable energy (RE) sector was driven by the large capacity additions in the wind and solar power segments.

The RE sector in FY2017 reported a record capacity addition of over 11 GW, an increase of around 60 percent over 7.1 GW reported in FY2016, as per the provisional figures by the Ministry of New & Renewable Energy (MNRE).

"The capacity addition in wind energy was much better than our expectations due to a bunching up of commissioning in March 2017. This was due to the removal of the generation-based incentive (GBI) benefit and reduction in accelerated depreciation (AD) benefit with effect from April 1, 2017," said Sabyasachi Majumdar, Senior Vice President and Group Head, ICRA.

Researchers relate extreme weather to global warming

Researchers relate extreme weather to global warming

Washington D.C. [USA], Apr 25 : In the past, scientists typically avoided linking individual weather events to climate change, citing the challenges of teasing apart human influence from the natural variability of the weather. But that is changing.

"Over the past decade, there's been an explosion of research, to the point that we are seeing results released within a few weeks of a major event," said Diffenbaugh, who is also the Kimmelman Family Senior Fellow at the Stanford Woods Institute for the Environment.

In a new study, published in Proceedings of the National Academy of Sciences, Diffenbaugh and a group of current and former Stanford colleagues outline a four-step "framework" for testing whether global warming has contributed to record-setting weather events.

Infosys expands global footprint, opens delivery center in Croatia

Infosys expands global footprint, opens delivery center in Croatia

New Delhi [India], Apr 25 : Aiming to strengthen its engineering footprint in Eastern Europe, IT major Infosys Ltd. on Monday announced the opening of its first office and delivery center (DC) in Karlovac, Croatia.

In line with the company's strategy to establish global competency centers, offer the best talent in the market and make it available to customers globally, this DC also marks its expansion into Eastern Europe's heavy engineering sector. The new facility will meet near-shoring requirements, support engineering clients worldwide as well as offer R&D services.

Accenture launches touch-less testing platform; to enable faster software testing

Accenture launches touch-less testing platform; to enable faster software testin

New Delhi [India], Apr 24 : Accenture on Monday announced the launch of its new platform for automated, analytics-driven software testing, after successfully completing pilots with 10 clients around the world.

The company's 'Touchless Testing Platform' brings together leading open source, commercial and Accenture proprietary tools and algorithms to automate a robust, touch-less testing process for software - all guided by artificial intelligence and analytics.

It allows testing teams to easily integrate tools from leading players such as Conformiq, Hewlett Packard Enterprise, Intel Saffron, Sauce Labs, Tableau, Tricentis and Worksoft, along with key Accenture innovations, to bring new enterprise software solutions to market faster and with higher quality.

Ola launches biggest driver partner engagement initiative

Ola launches biggest driver partner engagement initiative

New Delhi [India], Apr 24 : Taxi aggregator Ola on Monday announced the launch of 'Ola Partners League' - a unique virtual cricket game for its driver partners.

The four week-long contest will see Ola driver partners score runs by completing simple tasks and redeeming them against exciting prizes such as cars, TVs, laptops and scholarships in leading cricket academies for children of driver partners.

Kick starting today, OPL is open to all Ola driver partners across Bangalore, Mumbai, Delhi, Chennai, Kolkata, Hyderabad, and Pune, and will be LIVE till 20th May, 2017. Popular Indian all-rounder cricketer, Irfan Pathan and famous TV personality Mandira Bedi have been roped in to be the ambassadors to cheer and promote the OPL among driver partners.

L&Technology Services wins smart city and campus project

L&Technology Services wins smart city and campus project

New Delhi [India], Apr 24 : L&T Technology Services Limited, a leading global pure play engineering services provider, announced the development of Smart City and Campus solutions that will be used to develop a smart office campus in Israel for a leading technology company - a result of its expanded partnership with Microsoft.

The smart office campus being developed by the firms will use IoT- enabled sensors and predictive analytics. L&T Technology Services' smart buildings i-BEMS platform will provide energy saving technology and cloud-based asset management that complement Microsoft's Digital User Experience design solutions.

HTC announces VIVE product launch in India

HTC announces VIVE product launch in India

New Delhi [India], Apr 22 : Pioneer in innovative, smart mobile and virtual reality technologies HTC Corporation has announced the launch of their virtual reality system, HTC VIVE™ making it the first complete VR system available to customers in the India market. VIVE will be available exclusively on Amazon.in via pre-order from April 22nd, 2017.

The site vive.com/in will go live by 25 April 2017. VIVE will soon be available for an in-store experience across select locations in India.

These select locations will be equipped with an interactive VIVE demonstration station, fully open to the public for individual sessions to experience a variety of virtual reality content supported by the platform.

GTA to join Hotelbeds Group's Bedbank business unit

GTA to join Hotelbeds Group's Bedbank business unit

New Delhi [India], Apr 22 : Hotelbeds Group, a global bedbank and business-to-business provider of services to the travel industry on Friday announced plans for GTA to join its Bedbank business unit.

"This deal brings another great bedbank to the Hotelbeds Group family, following the announcement in February that Tourico Holidays will also be integrating with us. Both of these important deals clearly underline our steadfast commitment to accelerate the growth of our business both organically and via M&A activity," said Joan Vila, Executive Chairman of Hotelbeds Group.

Good CIBIL score can get you a home loan effortlessly

Good CIBIL score can get you a home loan effortlessly

New Delhi [India], Apr 21 : Before the digital era began, home loan processing was very unpredictable. However, with digitization, a whole new world of instant credit and instant loans was formed.

Technological initiatives coupled with credit processes has transformed the entire customer experience forming a lending ecosystem. Now a day's banks and institutions rely more on credit reports generated by credit information agency - CIBIL for gauging a loan applicant. An applicant with a score of 750 or above can get a home loan smoothly.

Low interest rates on housing loan and IT benefits have induced many to own a property. Nowadays CIBIL is helping borrowers to check the best loan available based on his/her credit scores and history.

Sea snail venom offers possibilities of designing human ailments drugs

Sea snail venom offers possibilities of designing human ailments drugs

Port Blair [India], April 21 : In a first of its kind study, peptides, from the venom of cone snails, have been identified that opens up possibilities of drug research for several human ailments.

The study was conducted by a team of Indian scientists from Port Blair-based National Institute of Ocean Technology, NIOT and Indian Institute of Science, IISc, Bangalore.

They identified short peptides with six amino acids, which globally, is the first small contryphan identified so far.

Delhi showcases highest internet readiness in India: IAMAI report

Delhi showcases highest internet readiness in India: IAMAI report

New Delhi [India], Apr 21 : A report published by the Internet and Mobile Association of India ( IAMAI) and Nielsen ranked Delhi number one regarding overall Internet readiness, overtaking last year's winner Maharashtra.

The report titled 'Index of Internet Readiness of Indian States' was released by Aruna Sundararajan, Secretary, Ministry of Electronics and Information Technology ( MeiTy), Government of India on Wednesday.

Delhi takes the first slot not only amongst small states and Union Territories but also when all states are taken together. The capital city-state is followed by Karnataka, Maharashtra, Kerala and Tamil Nadu.

According to the report, Delhi gets this rank primarily because of its fabulous e-infrastructure and e-participation.

Patanjali to go global, says CEO Balkrishna

Patanjali to go global, says CEO Balkrishna

New Delhi [India], Apr 21 : Patanjali Ayurveda's Co-Founder and CEO Acharya Balkrishna on Thursday announced that the company is planning to expand globally in the near future, while addressing a 'Made in India - Food Buyer Seller Meet' organised by the Federation of Indian Chambers of Commerce and Industry (FICCI) and Agricultural and Processed Food Products Export Development Authority ( APEDA).

He urged players of food processing sector to come together and promote healthy food products.

"This initiative taken by FICCI is an example of industry players taking a step towards making Indian food industry an international brand accepted by all. Patanjali Ayurveda Ltd. is committed to go global and fight adulteration in Food industry," said Balkrishna.

People would sacrifice photos on their phones for just 10.37 EUR: Kaspersky

People would sacrifice photos on their phones for just 10.37 EUR: Kaspersky

New Delhi [India], Apr 20 : While people claim to value their memories more than any other form of data stored on their digital devices, they are happy to sell them for little money, research by Kaspersky Lab shows.

A survey has shown that for 49 percent of people, private and sensitive photos of themselves are the most precious data they have on their devices, followed by photos of their children and spouses.

The thought of losing these precious memories is considered more distressing for them than the prospect of a car accident, breaking up with a partner, or a quarrel with a friend or family member.

However, when confronted with the decision to delete this data for money, people nevertheless gave their digital data such as photos away for as little as 10.37EUR.

Investments by India in Chelyabinsk Region welcomed: Governor Boris Dubrovsky

Investments by India in Chelyabinsk Region welcomed: Governor Boris Dubrovsky

New Delhi [India], Apr 20 : Governor Chelyabinsk Region Russia, Boris Dubrovsky on Thursday invited the Indian industry to explore the investment opportunities in the Chelyabinsk Region of Russia, which offers tax incentives to foreign investors.

Speaking at an interactive session organized by FICCI, Boris Dubrovsky held out the assurance that the Chelyabinsk Region would cooperate with the Indian businesses and their investment will be fully protected.

He said that Indian investments in Russia were estimated at USD eight billion and Russian investments in India totaled about USD three billion.

Now rediscover your city like never before with 'AskLocal' from Jugnoo

Now rediscover your city like never before with 'AskLocal' from Jugnoo

New Delhi [India], Apr 20 : Hyper-local startup Jugnoo has announced AskLocal - a Geo-location based hyper-local content platform for users where they can access locally relevant information.

With this, Jugnoo is introducing a new way to connect within cities based on relevant content, reviews, and recommendations.

Just like Facebook and Twitter, which are friends-based and events-based content networks respectively, the AskLocal vertical offers a location-based content network. The feature will be Geo-location based, allowing users to view local feeds for their city.

It is part of the bouquet of hyper-local services offered by Jugnoo that includes rides, meals, fresh, and menus.

Musical contest #FindYourBeat opens on social media

Musical contest #FindYourBeat opens on social media

New Delhi [India], Apr 20 : #FindYourBeat, the online musical challenge, launches today on Facebook and Twitter.

#FindYourBeat is a one-minute social, musical challenge to engage and reward people through their love for music. The contest starts on 20th April and will run for a period of three days, ending on 22nd April 2017.

Myntra acquires Bengaluru-based technology platform 'InLogg'

Myntra acquires Bengaluru-based technology platform 'InLogg'

New Delhi [India], Apr 20 : E-commerce portal Myntra on Wednesday announced that it has acquired InLogg, a Bengaluru-based technology platform that provides end to end logistics solutions for the ecommerce sector.

As part of the acquisition, the team at InLogg has been inducted into Myntra, making it an acqui-hire that will further strengthen and expand Myntra's supply chain capabilities.

Hotstar registers over 100 million downloads on Play Store

Hotstar registers over 100 million downloads on Play Store

New Delhi [India], Apr 20 : Online video platform Hotstar on Wednesday crossed another milestone by becoming the first local service to register over a 100 million downloads on Google Play Store.

The 'Make in India' video platform raced ahead of other consumer internet companies in India, including e-commerce services like Amazon India and Flipkart, taxi ride services like Ola and payment apps like Paytm, among others.

Almost all of Hotstar's downloads have come from India. The service reached this milestone within just 2 years of its launch in 2015.

Across the Play Store, App Store and other Android app stores cumulatively, Hotstar has crossed more than 200 million downloads since launch.

Asset Vantage expands operations, acquires Santa Clara-based Financial Navigator

Asset Vantage expands operations, acquires Santa Clara-based Financial Navigator

New Delhi [India], Apr 20 : Asset Vantage Inc., a leader in cloud/mobile-based asset management, accounting and reporting system on the market on Wednesday acquired Santa Clara-based Financial Navigator Inc., a leading provider of integrated general ledger and portfolio tracking software focused on the wealth management in the United States market.

With the addition of Financial Navigator, Asset Vantage will further its expansion into the wealth management accounting software market in North America while gaining a seasoned team of developers and customer support personnel anchored in Silicon Valley. The two companies have a combined customer base exceeding 300 families globally.

No More Ransom initiative adds 14 new decryption tools

No More Ransom initiative adds 14 new decryption tools

New Delhi [India], Apr. 10 : The platform nomoreransom.org is now available in 14 languages and contains 39 free decryption tools. Since Kaspersky Lab's last report in December, more than 10 000 victims from all over the world have been able to decrypt their affected devices thanks to the tools made available free of charge on the platform.

No More Ransom was launched in July 2016 by the Dutch National Police, Europol, Intel Security and Kaspersky Lab, introducing a new level of cooperation between law enforcement and the private sector to fight ransomware together. Since the launch, dozens of partners from all continents have joined.




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