Author: News Desk

First indigenous quadruped robot created by Hyderabad-based Svaya Robotics for the Defence Industry India’s first quadruped robot and wearable exo-skeleton have been created by Hyderabad-based Svaya Robotics in partnership with DRDO Laboratories – Research and Development Establishment, Pune (R&DE), and Defence Bio-engineering and Electro Medical Laboratory, Bengaluru (DEBEL). Robotics is poised to play a significant part in the rapid technological transformation of defence and security. According to a press release, DRDO has taken the initiative to create them locally with the help of business partners like Svaya Robotics as development partners. Officials from various agencies paid a visit to the…

Indian Entrepreneurs meet with Rajeev Chandrasekhar to discuss concerns regarding the collapse of SVB Concerned about the impact of the Silicon Valley Bank (SVB) failure on the Indian start-up sector, Union Minister for State for Electronics and Information Technology Rajeev Chandrasekhar stated on Tuesday that he will raise the industry’s plight with the Union Finance Ministry. The Minister, who met with start-ups online, informed the media that he would raise the plight of Indian start-ups affected by the SVB collapse with the finance ministry to help them recover from the crisis and address the urgent cash shortage they are experiencing. More than 450…

With Tony Douglas as CEO, Saudi Arabia announces the start of Riyadh Air paving way for 200,000 new jobs The Public Investment Fund’s (PIF) Chairman and Crown Prince Mohammed bin Salman bin Abdulaziz, who is also the country’s prime minister, made the announcement about the launch of Riyadh Air, a PIF-owned corporation. The new national carrier will take advantage of Saudi Arabia’s advantageous geographic positioning between Asia, Africa, and Europe to make Riyadh a gateway to the world and a major hub for travel, commerce, and tourism. Yasir Al-Rumayyan, the governor of PIF, will serve as the company’s chairman, and Tony Douglas, who has more than 40…

An all-female manufacturing line is established by Ashok Leyland in Hosur. RELATED ARTICLES | Ashok Leyland Reliance Collaborate | Ashok Leyland’s E-mission Ashok Leyland, the Indian flagship of the Hinduja Group, has started an “all-women production line” at the Hosur plant. The company has established this line with 80 workers in an effort to promote women’s empowerment and draw more of them into the manufacturing sector. In a statement, the business mentioned that this was an effort to create a more diverse workforce. They will be in charge of overseeing the complete production of the new engine line thanks to…

IBS Software, a Global IT company from Thiruvananthapuram Technopark, has won the Great Place to Work award. Headquartered in Thiruvananthapuram, IBS is a leading IT company providing software services in the aviation, cruise and transportation sectors. Great Place to Work, a well-known American organization that rates, ranks, and conducts research on companies, was founded in 1981 and has since become a benchmark for the caliber of workplaces around the world. It is a global certification that rates a company’s employee-friendly initiatives and response from its workforce. Great Place to Work is a trustworthy movement with a global presence. They assess…

Surekha Yadav, a native of Satara, Maharashtra, became the nation’s first female train conductor in 1988. The Vande Bharat Express is currently being operated by Surekha Yadav, the first female locomotive driver in Asia. Ashwini Vaishnaw, Union Minister for Railways, tweeted her admiration for Yadav, saying “Nari Shakti is the force behind Vande Bharat. Smt. Surekha Yadav, the Vande Bharat Express’s first female locopilot “. On Monday, Surekha Yadav operated the Vande Bharat Express from Solapur to Chhatrapati Shivaji Maharaj Terminus (CSMT) in Maharashtra. Yadav expressed her appreciation for the opportunity to drive the high-speed Vande Bharat Train. According to…

Kerala has taken a significant step towards contributing significantly to medical research and healthcare by launching the Genome Data Center and Microbiome Center of Excellence under K-DISC (Kerala Development and Innovation Strategy Council). At the K-Disc Innovation Day in Thiruvananthapuram, Chief Minister Pinarayi Vijayan officially launched the projects for the Kerala Genome Data Center and Microbiome Center of Excellence. Chief Minister Pinarayi Vijayan pointed out that the projects of Kerala Genome Data Centre and Microbiome Center of Excellence conceived by K-Disc will pave the way for enormous advancement in the health sector of Kerala. A new therapeutic approach, illness prevention,…

India had a happy Monday morning after winning two Oscars at the 95th Academy Awards. The prize for Best Original Song went to Naatu Naatu from SS Rajamouli’s RRR. The Elephant Whisperers, directed by Kartiki Gonsalves and produced by Guneet Monga, took home the award for Best Documentary Short Film. The award was accepted on stage by producer Guneet Monga and director Kartiki Gonsalves. The Elephant Whisperers is the first ever Indian film to receive an Oscar. The story of the movie, which is set in the Mudumalai Tiger Reserve in Tamil Nadu, concentrates on a native couple who take…

Silicon Valley Bank UK Limited (SVB UK) will be purchased by HSBC UK Bank plc, a ring-fenced unit of HSBC Holdings Plc, for £1. As of March 10, 2023, the unit had deposits of about £6.7 billion and debts of about £5.5 billion. SVB UK reported a profit before tax for the fiscal year that ended on December 31, 2022, of £88 million. The estimated tangible stock for SVB UK is £1.4 billion. In due time, the precise calculation of the acquisition’s gain will be made available. The parent businesses of SVB UK are not included in the transaction’s assets…

Anoop Ambika, the CEO of Kerala Startup Mission, the State government organization responsible for entrepreneurship promotion and incubation operations, claims that only one start-up from Kerala has raised a red flag a few days after Silicon Valley Bank (SVB) went bankrupt. The founder of the startup has accounts with SVB along with other of his Indian peers. He has much more than $250,000 stored there, which exceeds the amount US regulators who shut down the bank claimed would be insured by the Federal Deposit Insurance Corporation (FDIC). Worried over salary payouts According to Ambika, the startup’s founder is concerned about…