3D TECHNOLOGY
IT stocks surge up to 6% led by midcap counter Mphasis as TCS Q1 cheers D-Street
Indian IT stocks surged due to TCS's robust June quarter earnings. The Nifty IT index rose 3.7%. Infosys and TCS led gains with Rs 62,613 crore revenue and Rs 12,040 crore net profit. MphasiS had notable intraday gains, while HCL Technologies showed growth. TCS forecasts better FY25 performance.
Meta's new tech can create 3D assets from text prompts within minutes
3D assets are digital files representing objects in three-dimensional space. Hulk in the Avengers movies is an example. The technology is based on two existing models of the company: AssetGen which generates 3D objects and TextureGen for its texturing.
NFO Tracker: How new mutual funds launched in 2024 are doing
Discover the top performers like Motilal Oswal Nifty Realty ETF and HDFC Manufacturing Fund, showcasing impressive returns in the market. These funds have attracted significant assets and delivered strong performances within a specific period of time in 2024.
Strong ER&D demand helps IT buck overall soft hiring trend
India's $250 billion IT services industry is facing sluggish hiring, but a bright spot is emerging in Engineering, Research & Development (ER&D). Demand for ER&D services is surging, driving a 15% increase in recruitment for these roles. Staffing firms report that tech companies are ramping up ER&D hiring to stay competitive in the global market.
Saraniya Periaswamy: From dreaming about oceans in Port Blair to building rockets for Agnikul
Saraniya Periaswamy, a young engineer at Agnikul Cosmos, navigated a challenging learning curve from dreaming of ocean studies in Port Blair to leading the development of the 3-D printed launch vehicle, Agnibaan SOrTeD. Overcoming setbacks, she successfully launched the technology demonstrator and is now working on an orbital rocket. Saraniya highlights the importance of diverse engineering backgrounds in the space industry, encouraging young enthusiasts to pursue their goals with determination.
10 Best TVs Under 50000 with Industry-Leading Technologies (2024)
If you have been planning to upgrade your TV set, then you are at the right place. In this article, we shortlisted the 10 best TVs within 50000, along with their salient features, to help you choose the right one based on your preferred size, display, and quality of sound.
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Getting to space is incredibly tough. Agnikul is doing it on a 3D-printed rocket engine
It took just 6.5 years for Chennai startup Agnikul Cosmos to use a rocket with a 3D-printed engine. It promises to revolutionise spacetech.
Share market update: Most active stocks on D-Street today in terms of volume
The NSE Nifty index was trading 82.71 points up at 23548.3
NASA's cutting-edge alloy investment set to drive Aerospace innovation
NASA's groundbreaking investment in superalloy GRX-810 is poised to revolutionize aerospace technology, offering superior durability and performance in extreme conditions. Developed under NASA's Technology Transfer Program, GRX-810 can endure temperatures exceeding 2,000 degrees Fahrenheit and withstand more stress and oxidation than traditional materials. Licensed to four American companies, this nickel-based alloy promises to enhance the competitiveness of American aerospace industries and improve overall fuel efficiency, marking a significant step forward in materials science.
Nokia CEO makes world's first 'immersive' phone call
Jenni Lukander, president of Nokia Technologies said this will be a game changer for the live voice calling experience. The new technology will bring 3D audio where a caller will hear everything as if they were there with the other person. Nokia made the call using a regular smartphone over a public 5G network.
Women find their feet in India’s space sector
Saraniya Periaswamy and Umamaheswari K played instrumental roles in the successful debut of the world’s first rocket equipped with a 3D-printed engine by Agnikul Cosmos from Sriharikota. They oversaw the project from inception to launch, highlighting women's growing contributions to India's space sector. Agnikul aborted the mission four times in the past few months before witnessing success on May 30.
IPO Calendar: Ixigo's Rs 740 crore issue, 4 listings on primary market radar next week
The IPO of Le Travenues Technology which operates the travel platform Ixigo is set to launch on June 10, along with Kronox Labs' debut. Analysts foresee a surge in IPO activity in the coming days.
US-based Zeda plans to raise up to $200 million for India foray
US-based Zeda Holdings plans to raise $200 million for its India expansion, led by CEO Shri Shetty. The company uses 3D printing for orthopaedic implants.
Agnikul eyes launching satellites by 2025: CEO Srinath Ravichandran
Agnikul's first test flight of Agnibaan SOrTeD (suborbital technology demonstrator) on May 30, which lasted for 66 seconds, came after four unsuccessful attempts.
Agnikul eyes to launch satellites by 2025: CEO Ravichandran
"Nine to 12 months I would say. Probably by the end of this financial year or the early part of the next financial year is what we are targeting," Ravichandran said when asked about the commercial orbital launch of the Agnibaan rocket.
IPO Calendar: Primary market continues to remain vibrant with 2 new issues, 6 listings next week
Despite general election uncertainty, the primary market remains active with upcoming IPOs like Kronox Lab Sciences and Sattrix Information Security. Analysts foresee a wave of IPOs post-elections, driven by increased domestic capital, improved governance, and supportive government policies.
Agnikul test launches world’s first rocket with 3D printed engine
Agnikul official statement said, the vehicle was completely designed in-house and was powered by the world's first single piece 3D printed engine which is also India's first flight with a semicryo engine. The mission was successful after four failed attempts.
Euler Motors raises Rs 200 crore from Piramal Alternatives, others
Euler Motors raised Rs 200 crore in funding led by Piramal Alternatives India Access Fund. The firm aims to become India's top electric commercial vehicle brand, with plans to expand to 40 cities by FY25.
Piramal Alternatives leads Euler Motors’ Rs 200 cr fundraise
Euler Motors, an electric three-wheeler maker, raised Rs 200 crore ($24 million) led by Piramal Alternatives India Access Fund, with British International Investment and Blume Ventures also participating. Total funding now stands at Rs 570 crore. The funds will support expansion to 40 cities and enhance R&D efforts.
View: Overturn cultural practices and dogmas to spur our companies to spend on R&D
WhatsApp showcases tales of ancient glory, while global reports highlight India's rankings in hunger, press freedom, and sustainable development. India ranks 40th on the GII 2023, above all BRICS nations except China.
Space startup Agnikul Cosmos calls off maiden rocket launch for a fourth time
India's Agnikul Cosmos delayed the Agnibaan rocket launch to test igniter performance. The rocket can carry 300 kg to orbits 700 km high. Skyroot launched India's first privately developed rocket in 2022 from ISRO's site.
These two equity mutual fund categories offered negative returns in 3 month
Equity mutual fund categories - technology and pharma have lost up to 4% in the last three months, shows data. While technology-based funds have lost around 4.11%, the pharma and healthcare funds are down about 0.09% in the same period.
D2M tech pioneer takes on DoT arm
The Telecommunications Engineering Centre (TEC) report has suggested that 3GPP 5G broadcast standards - backed by global chipmakers Qualcomm and Samsung, telecom equipment vendors Nokia and Ericsson as well as Indian telecom operators - have superior ecosystem readiness for direct-to-mobile (D2M) broadcasting compared with the ATSC 3.0 protocols.
HCLTech to buy Hewlett Packard’s communications tech assets for $225 million
As part of this agreement, HCLTech will also absorb around 1,500 employees and 700 contractors with experience of engineering services for telecom industry in countries including Spain, Italy, India, Japan, China, Americas and APAC region, HCLTech said in a regulatory filing on Thursday.
Google's new Product Studio features to be available in India in coming weeks
Google said it wanted to help retailers go beyond simply listing their products to creating experiences for shoppers. It has introduced three new ad formats powered by Google’s generative AI. Initially launching for retailers as a closed beta later this year, Google said a brand can connect their short-form product videos - or videos from creators - to their ads.
Sundar Pichai and '3 Idiots': Google CEO references Aamir Khan's famous motor scene during interview. But why?
Sundar Pichai during a recent interview with content creator Varun Mayya referenced Aamir Khan's iconic motor scene from '3 Idiots' to emphasize the importance of deep understanding over rote learning. This snippet, shared on Instagram, quickly went viral, sparking discussions on Pichai's insights and the enduring impact of cinematic narratives in modern discourse. The interview showcased Pichai's unique perspective and contributions to the tech landscape.
Big movers on D-Street: What should investors do with Tata Technologies, Apollo Tyres and Vodafone Idea?
Stocks that were in focus include names like Tata Technologies, which closed flat, Apollo Tyres, which jumped 3.14%, and Vodafone Idea, whose shares fell 0.76% on Thursday.
ISRO achieves major milestone with 3D printed rocket engine test
ISRO has achieved a significant milestone by successfully hot testing a liquid rocket engine manufactured using 3D printing technology. The engine, designed for the upper stage of ISRO's PSLV rocket, underwent a comprehensive development program and was tested at ISRO's Propulsion Complex in Mahendragiri. The successful test opens up possibilities for advanced manufacturing techniques in India's space program.
ISRO's breakthrough '3D-printed' rocket engine saves 97 pc raw materials, 60 pc production time
The new engine, now a single piece, saves 97 per cent of raw materials and reduces production time by 60 per cent, ISRO said. ISRO achieved the major milestone with the successful hot testing of a liquid rocket engine manufactured through AM technology for a duration of 665 seconds on May 9, a release from the space agency said.
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