Technology Sector

Infosys sets up a science foundation in Bangalore

Infosys IntradayBangalore, Feb 17 : IT major Infosys Technologies on Tuesday announced that it has set up a fund `Infosys Science Foundation', for awarding outstanding achievements in various fields.

This foundation would be funded by a corpus of 210.5 million rupees, contributed by the firm''s board members and an annual grant from Infosys Technologies Limited.

The trust would honour an annual award of five million rupees to the countrymen for their exceptional contribution in the arena of physical and mathematical sciences, engineering, life science and social sciences and economics.

Soon, a super console that plays every game ever invented

London, February 17: Techies have come up with a super console that can read original formats of every computer game ever unveiled.

Experts at the University of Portsmouth, along with assistance from across Europe and America, have invented KEEP that can save a huge amount of digital information including both classics and new games.

The 2-million-pound console has been expected to contain, in 2010, the equivalent of 18 million times the information in all the books ever written, all with a single click, reports the Daily Star.

Dr Janet Delve said: "People don't think twice about saving files digitally, from snapshots taken on camera phone to national or regional archives.

US, Russia satellite collision not to delay Chinese space programme

Chinese space programmeNew Delhi, Feb 13 : The wreckage of US and Russian satellites that collided over Siberia poses a threat to Chinese satellites in orbit, but the latter's space plan will proceed as scheduled.

A privately owned US communications spacecraft collided with a defunct Russian military satellite about 800 km above northern Siberia at 4:55 pm GMT on Tuesday, the China Daily reported.

The 560-kg US satellite, of Iridium Holdings LLC, was launched in 1997 and the Russian Cosmos-2251, weighing almost a ton, was sent in space in 1993.

Strong winds and powerful radiation detected in Carina Nebula

Carina NebulaMunich, Feb 13 : The latest image by the European Southern Observatory (ESO) has detected strong winds and powerful radiation coming from an armada of massive stars in the Carina Nebula.

The large and beautiful image displays the full variety of this impressive skyscape, spattered with clusters of young stars, large nebulae of dust and gas, dust pillars, globules, and adorned by one of the Universe's most impressive binary stars.

It was produced by combining exposures through six different filters from the Wide Field Imager (WFI), attached to the 2.2 m ESO/MPG telescope at ESO''s La Silla Observatory, in Chile.

BEL signs agreement with Selex Galileo, Astra Microwave

BEL signs agreement with Selex Galileo, Astra MicrowaveIndian public sector undertaking Bharat Electronics Limited (BEL) and Italian defence company Selex Galileo and Astra Microwave Products, a Hyderabad based company, have signed memorandum of understandings (MoU) for cooperation and sharing their expertise in the fields of electronic warfare and microwave components.

Patni Computer posts 9 pc declines in net for FY'08

PatniPatni Computer Systems announced financial results, reporting 9 per cent decline in net profit, for the period ended December 31, 2008.

Patni's net stood at Rs 483.01 crore in the reporting period, due to decline in demand in Information Technology segment under the impact of global slowdown, as compared to Rs 483.63 crore in the same period last year.

Patni Computer Chairman and CEO, Mr. Narendra K Patni said, "The effect of the global meltdown has been more than expected for everyone and this is impacting our business in the short run."