ENGINEERING BEHEMOTH
New-age job roles: How India can engineer a future beyond software
With nearly 1,600 international corporations operating captive units, 1.7 million highly educated professionals are employed. It might theoretically increase its pool of relevant talent if it made a concerted effort to improve both the number and calibre of the more than 2.5 million Ph.D.s and graduates in science, technology, engineering, and medicine that India produces each year.
IT companies' hiring offers slight respite to engineering colleges
IT companies like Infosys, Wipro, TCS are vital for engineering colleges as they tend to make large hirings, ranging from a few hundreds to thousands, usually in September.
L&T Q3 results Preview: Here's what to expect from infrastructure major
Larsen & Toubro Ltd is scheduled to release its earnings for the December quarter and analysts remain optimistic of a strong show by the engineering behemoth. Strong execution in the mainstay infrastructure segment, healthy order inflows, and lower input costs are likely to driv...
Why is engineering behemoth L&T chasing Vedanta & Tata's semicon ambitions
Larsen and Toubro (L&T), a major engineering firm, is venturing into fabless semiconductor chip design, emulating other Indian conglomerates like Vedanta and Tata Group. L&T will invest Rs 830 crore through a wholly-owned subsidiary dedicated to chip design for the automotive and industrial sectors. L&T's CFO, R Shankar Raman, reveals the company's strategic shift towards seeking alternative business opportunities for the future
Google executive testifies innovation key to avoid becoming 'next road kill'
Google executive Prabhakar Raghavan testified at the ongoing antitrust trial in the suit brought by the US Justice Department and a coalition of state attorneys general, alleging Alphabet's Google unlawfully abused its dominance in the search-engine market to maintain monopoly power.
US justice department blasts Google's monopolistic tactics as antitrust trial begins
Google denied that it had illegally used agreements to exclude its search competitors and said it had simply provided a superior product, adding that people can easily switch which search engine they use.
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Now AI will help you use online search engines more effectively
Get ready for an AI reboot of popular search engines such as Google, Bing, Yahoo etc.
Martin Cooper, the father of cell phone, wants you to look away from screens
Those first mobile phones were not cheap at around $5,000 per handset.
Cloud services wage price war as startups cut costs; wary IT firms may halve hiring of engineers
Amid the ongoing funding crunch, Indian startups are cutting their spends on cloud storage and renegotiating contracts with service providers like Amazon’s AWS.
HAL to provide MRO support for General Atomics' MQ-9B drone engines
The HAL and US defence major General Atomics Aeronautical Systems, Inc (GA-ASI), the manufacturer of the MQ-9Bs, announced the collaboration on the MRO (maintenance repair and overhaul) services for the drones on the sidelines of Aero India-2023 at the Yelahanka air base complex.
EV-as-a-service startup Zypp Electric announces two leadership appointments
Zypp Electric has raised $12.5 million so far from investors like 9Unicorns, Anthill Ventures, Riso Capital Fund, LetsVenture, Nanavati Family Office, We Founder Circle, Dholakia Ventures, Venture Catalysts, and IAN Fund, among others.
Stocks in the news: Axis Bank, NHPC, Power Grid, BPCL, BHEL and Nykaa
India's third largest private sector lender, Axis Bank, will invest around Rs 50-70 crore to acquire a little less than a 10 per cent stake in Fairfax-backed Go Digit Life Insurance.
Efforts are on to improve road engineering, automobile manufacturing, says Gadkari
Speaking to reporters on the sidelines of AIMA National Management Convention, the minister also termed the death of former Tata Sons chairman Cyrus Mistry earlier this month as "very unfortunate" and shocking.
Stocks in the news: LIC, JSW Steel, L&T, Adani Power, Paytm and pharma stocks
Insurance behemoth LIC witnessed a decline of nearly 20 per cent in death claims in the first quarter of this fiscal with the COVID impact seen to be ebbing, though the amount is still higher than pre-2020 levels.
Stocks in the news: LIC, RJ stocks, HDFC Twins, Max Health, Grasim and pharma stocks
The ace investor Rakesh Jhunjhunwala passed away on Sunday and 32 stocks from his portfolio, including Aptech, Star Health, Metro Brand, NCC, Nazara Tech and more, are likely to remain at focus of the investors.
Stocks in the news: LIC, Sun Pharma, IRCTC, Varroc and Auro Pharma
PTC India, Algoquant Fintech, Shri Bajrang Alliance, Sanwaria Consumers, Mitshi, Inani Securities, Aroma Enterprises, Avance Syntex, Valecia Nutrition and Vax Housing Finance are among the companies which will announce their March quarter earnings today.
By shedding past, corporate behemoth GE aims to secure its future
Now GE is making a final break with its storied past, splitting itself into three businesses, a victim of the lingering effects of the 2008 financial crisis and a fast-growing economy less hospitable to global conglomerates.
Govt must go back to pre-Covid bidding criteria: L&T Group chairman AM Naik
In 2020, New Delhi diluted key financial criteria for bidding to help firms execute contracts and projects amid the Covid-induced financial crunch.
Glass ceiling shatters again in coal industry, Shivani Meena becomes 1st woman excavation engineer at CCL open cast mine
Earlier, Akanksha Kumari joined CCL's Churi facility in Jharkhand as a mining engineer, becoming Coal India's first woman mining engineer. Now, Shivani Meena, an IIT Jodhpur alumna, has joined CCL as an excavation engineer, the post which until now belonged to men.
From industrial pipes to aircraft engines, a three-year-old company is firing up Make in India
A three-year-old company tries to leverage India’s mega manufacturing push and the world’s hunt for an alternative to China. Its growth and valuation indicates self-reliance isn’t a mirage.
HAL signs Rs 5,375-crore contract with GE Aviation for supply of engines for Tejas
The Company is working closely with GE for its support to pursue the export potential of LCA and also to supply spares to the global supply chain of GE 404 engines.
NASA to test rocket engines that could eventually send humans to the moon
NASA aims to return U.S. astronauts to the moon by 2024 but the SLS program is three years behind schedule and nearly $3 billion over budget. The last astronaut to walk on the moon was Eugene Cernan in December 1972.
10 smallcaps that rallied up to 227% to save LIC blushes in last 1 year
As of December 31, LIC held 189 stocks with market capitalisations less than Rs 10,000 crore.
After Hours: Infosys crosses Rs 1,000 mark; 102 stocks hit 52-week highs
Sensex rose 91 points to settle at 33,679 while Nifty50 index closed 41 points higher.
Go for gold BeEs, expect correction of the year in next 45 days: Sanjiv Bhasin, IIFL
Caution should be the buzz word. Till August-end, there are going to be deeper corrections.
540 firms grow profit for 10 straight quarters; 10 rise up to 1,000% in 2 years
Ebitda for Nifty firms grew 10.4% YoY in Q4FY17, driven primarily by commodity companies.
ETMarkets Morning Podcast: What's buzzing on D-St today
Listen now: Financial updates you need to have before you start your day.
What changed your market while you were sleeping
Nifty50 futures on the Singapore Stock Exchange were trading 22 points, or 0.24 per cent, higher at 9,476, indicating a positive opening for the domestic market.
An integrated oil behemoth, big-bang PSU mergers are in pipeline
In the days to come, we may see consolidation like activity in sectors such as power, chemicals, diversified manufacturing, mining, and steel.
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