Enthused by speedy recovery of loans worth $2.5 billion by three lenders, including ICICI Bank, within days of a mega $13-billion Essar deal, banks are now looking at the resolution of stressed assets totalling about 1.50 lakh crore in the coming months. Having broadly completed the first two stages of ... Read More »
The Centre will provide higher a subsidy to airlines that operate flights between two regional airports under the regional connectivity scheme. It will also allow airlines to transfer its rights or contract to get the subsidy from the government and fly on regional routes to another airline operating a similar ... Read More »
The Centre is planning to monitor flights landing at regional airports remotely instead of constructing new traffic control towers near such airports in a bid to cut costs, an official said. Flights landing at regional airports will receive instructions from an air traffic control officer who might be sitting miles ... Read More »
Researchers at TU Delft have made flat surfaces that are 3-D printed and then ‘taught’ how to self- fold later. The materials are potentially very well suited for all kinds of medical implants. They report on their findings in the October 24th edition of Materials Horizons which features this research ... Read More »
Major internet services including Twitter, Spotify and Amazon suffered service interruptions and outages on Friday as a US internet provider came under sustained cyber attack. The internet service company Dyn, which routes and manages internet traffic, said that it had suffered a distributed denial of service (DDoS) attack on its ... Read More »
Grab some popcorn—AT&T wants to take you to the movies. AT&T is buying Time Warner, the owner of the Warner Bros. movie studio as well as HBO and CNN, for $85.4 billion in a deal that could shake up the media landscape. The acquisition would combine a telecom giant that ... Read More »
The judicial decisions of the European Court of Human Rights (ECtHR) have been predicted to 79% accuracy using an artificial intelligence (AI) method developed by researchers in UCL, the University of Sheffield and the University of Pennsylvania. The method is the first to predict the outcomes of a major international ... Read More »
Google has agreed to co-operate with the removal of online content insulting Thailand’s monarchy, the country’s deputy prime minister says. Prajin Juntong said he had met Google representatives to complain about material found using the search engine and on YouTube, a Google subsidiary. Google said it was following its existing ... Read More »
New Delhi/Mumbai: E-commerce companies Amazon India and Flipkart Internet Pvt. Ltd’s search for an extra 600,000 sq.ft of warehousing space in Mumbai and the Max Group’s plan to build what it calls India’s No. 1 corporate office point to increasing action in India’s commercial real estate market. Amazon India is ... Read More »
Policepersons sacrifice not only their lives but also their familial time for guarding society from internal threats and the public should be aware of this, said Mangaluru Police Commissioner M. Chandra Sekhar. Speaking on Police Commemoration Day here on Friday, Mr. Sekhar said the sacrifices made by policemen often do ... Read More »
An investment club for the ultra-rich has revealed its members’ are sticking with real estate and private equity amid a dwindling appetite for hedge funds. A survey by TIGER 21, whose 400 members count a collective $40 billion in assets under management (AUM) between them, shows a 28 percent average ... Read More »
The European Parliament president says he is optimistic that a free-trade deal between the EU and Canada can be signed soon despite last-minute obstacles. Objections by a Belgian region, which opposes the deal, “are for us Europeans to solve”, Martin Schulz said. He was speaking after meetings in Brussels with ... Read More »
