Business

Infosys forms JV with Temasek in Singapore


Bengaluru, Sep 7: Indian software major Infosys Ltd on Friday said it has formed a joint venture (JV) with global investment firm Temasek in Singapore to service it and its clients in the digital space.The JV will integrate our team with that of Temasek's Singapore subsidiary Trusted Source Pte Ltd, which delivers...

Ashok Leyland inaugurates electric vehicle facility


Chennai, Sep 7: Commercial vehicles major Ashok Leyland Ltd on Friday said it has inaugurated its electric vehicle (EV) facility in its plant at Ennore here. In a statement issued here the company said it is Indias first integrated facility for design, prototyping, testing, process prototyping and solutions design. The in-house facilities include engineering,...

Need to move towards electric mobility: Minister


New Delhi, Sep 6: Union Minister Anant Geete on Thursday said that there is a need to move towards electric mobility due to concerns over environmental damage caused by vehicle emissions.The Minister for Heavy Industry and Public Sector Enterprises was speaking at the 58th annual convention of the Society of Indian Automobile...

Dassault Systemes ready to meet India’s demand to store data locally


New Delhi, Sep 6: Global 3D experience major Dassault Systemes is ready with Cloud-based solutions that will both physically and legally comply with the Indian government's data localisation policy, its Vice Chaiman and CEO Bernard Charles stressed here on Thursday.A panel by the Indian government is currently working on the guidelines to...

Technology jobs are fastest growing for Indian professionals: LinkedIn


New Delhi, Sep 6: If you are aspiring to be a machine learning engineer or an application development analyst, you could be in high demand as these technology jobs are the fastest growing and is among the top 10 for professionals in India, LinkedIn global professional network site said on Thursday.While the...

Equity indices end 6-day losing streak; Sensex gains over 200 points


Mumbai, Sep 6: The key Indian equity market snapped its six-day losing streak after a largely volatile trading session on Thursday. According to market observers, a late recovery in the Indian rupee which breached the 72 per dollar mark for the first time aided the market to pare its earlier losses. Besides, value buying...

Rupee breaches 72/$ mark for first time


Mumbai, Sep 6: The Indian rupee breached the 72 per US dollar mark for the first time on Thursday. Around 1 p.m., the rupee traded around 72.05 per dollar, against Wednesdays closing of 71.76 per greenback. According to analysts, the fall in the rupee is due to the Sino-US trade tensions along with high...

Uber’s new safety feature turns smartphones into crash detectors


San Francisco, Sep 6: Ride-hailing major Uber has introduced several new features including one that can give passengers the tools that are needed to get help quickly in the event of a possible crash. The feature, called Ride Check, harnesses the power of GPS and other sensors in the drivers smartphone to detect...

Assured supply of BS-VI fuel by 2020: Minister


New Delhi, Sep 6: Union Minister Dharmendra Pradhan on Thursday assured the automobile industry of a steady supply of Bharat Stage-6(BS-6) emission norms compliant fuel by 2020.According to the Minister for Petroleum Natural Gas and Skill Development Entrepreneurship, the fuel will be available across the country from April 1, 2020. Pradhan...