The deposits are patchily distributed and could possibly be ancient Scientists have confirmed the presence of frozen water deposits in the darkest and coldest parts of the moon’s polar regions using data from the Chandrayaan-I spacecraft, that was launched by India 10 years ago, NASA said on Tuesday. With enough …
Read More »Daily Archives: August 22, 2018
‘Tata Tech now a key player in EV space’
Company developing more than 11 electric vehicle projects globally: Bhade Tata Technologies Ltd. has emerged as a leading end-to-end developer of electric vehicles (EVs) for global original equipment manufacturers (OEMs) and start-ups, a top executive said.“We reinvented the company to be ready for the EV play,” said Anand Bhade, president, …
Read More »SEBI’s MF reclassification hits small cap universe
Fund inflows into segment plunge to Rs. 22 cr. from Rs. 5,650 cr. The capital markets regulator’s decision last year to reclassify mutual fund schemes to help bring uniformity in investment strategy and asset allocation seems to have made the small cap universe a big casualty, with a bulk of …
Read More »‘Creditors have recovered over Rs. 50,000 cr. under IBC’
Average realisation is more than 50%, says IBBI chairperson M.S. Sahoo , chairperson of Insolvency and Bankruptcy Board of India (IBBI) talks about the success of the IBC process, challenges and the way forward. Edited excerpts: What’s the status of resolution of cases under the IBC in terms of resolution? …
Read More »Swiss cable solutions firm eyes data centre growth
R&M’s Bengaluru unit marks its first Asia Pacific investment R&M (Reichle & De-Massari AG), a Swiss cabling solutions provider, has set up a manufacturing facility in Bengaluru as it aims to tap a surge in demand from communication networks and data centres in the country. The company plans to set …
Read More »Centre moots overseas UDAN
Scheme will enable States to choose routes, provide subsidy to airlines State governments will be able to encourage tourism on preferred international air routes by offering subsidy to domestic airlines for a period of three years. The Ministry of Civil Aviation has prepared a draft scheme document for “UDAN International” …
Read More »China hopes for ‘good results’ in trade talks
Two-day negotiations begin today China said on Tuesday that it remains hopeful of “good results” from trade talks in Washington this week after U.S. President Trump threw cold water on the prospects for a breakthrough. U.S. and Chinese officials are set to hold two days of talks in Washington starting …
Read More »Suu Kyi defends govt. actions in Rakhine
‘Terror, not discrimination, behind crisis’ Myanmar leader Aung San Suu Kyi on Tuesday defended her government’s actions in Rakhine State, where about 7,00,000 Rohingya Muslims fled from a brutal counterinsurgency campaign to neighbouring Bangladesh. Ms. Suu Kyi said terrorism, not social discrimination or inequality, triggered the crisis. She made the …
Read More »‘Taliban plans to take part in Afghan talks’
Group has accepted our offer: Russia The Taliban plans to take part in Afghanistan peace talks in Moscow on September 4, Russian Foreign Minister Sergei Lavrov was quoted as saying by Interfax news agency on Tuesday. Mr. Lavrov’s Ministry said in a statement that Russia had invited 12 countries, including …
Read More »‘Opening up trade with India a priority for the U.S.’
Official also welcomes Pak. PM’s remark on peace in S. Asia Opening up trade with India is a key priority of the Trump administration, a senior official of the U.S. State Department has said. Briefing reporters on the administration’s Asia-Pacific policy, Principal Deputy Assistant Secretary for South and Central Asian …
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