TECHNICAL CENTRE
E-office will be implemented in all attached, subordinate offices as part of 100-day agenda: Centre
The Centre will implement e-office in attached, subordinate offices, and autonomous bodies as per DARPG's 100-day agenda. Following a successful pilot with 37 lakh files in the central secretariat by 2024, 133 offices are identified. NIC, led by Rachna Srivastava, will manage technical aspects. Guidelines issued June 24, 2024. V Srinivas chaired roadmap discussions on data centers and user requisitions.
Aviation firms plan own training schools to ensure supply of talent
While Air India is starting its own pilot training school, the GMR group that owns the country's largest airframe maintenance, repair and overhaul (MRO) company, GMR Aero Technic, has invested ?50 crore to start its own school for engineers. "To train such large numbers of engineers, GMR Aero Technic has entered the skill development segment with the GMR School of Aviation," Ashok Gopinath, president and accountable manager of GMR Aero Technic, said. The group also owns the Delhi, Hyderabad and Goa airports.
NTA panel likely to focus on lack of cadre, in-house expertise
The NTA's shift to pen-paper exams like NEET-UG has raised concerns, deviating from its online testing focus. The involvement of TCS, challenges with pen-paper exams, and the UGC-NET's transition to a paper format have impacted the testing body's operations.
Fortifying the Forces: Agnipath scheme may see significant changes following Army survey
The Indian Army is set to implement major changes to the Agniveer scheme following feedback from an internal survey. These changes include extending the service tenure from four to eight years, increasing the retention rate of Agniveers to 60-70%, and raising the induction age for technical services to 23 years. The modifications aim to address concerns about inadequate expertise and improve the scheme’s effectiveness. The proposals will be reviewed by the Prime Minister's Office, with final decisions expected soon.
Want to retire at 50? Start early, save regularly to achieve FIRE
Financial independence, retire early (FIRE) is a movement focused on extreme savings and aggressive investment that aims to allow people to retire much earlier than is possible through traditional budgets and retirement plans. Detailed planning, budgeting discipline, and smart investment are key components to achieve an early retirement.
Ahead of Market: 10 things that will decide stock action on Monday
Nifty50 and Sensex, the benchmark equity indices, reached record highs on Friday, reclaiming losses incurred on election day. The surge was attributed to expectations of political stability and forecasts indicating accelerated economic growth.
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Does the Sun also experience a heartbeat? Planets try to pull it, creating pulsating effect. Details here
Scientists in Germany have discovered that the planets of the solar system also pull the Sun just like it does to the planets. The theory behind the solar cycle has been explained.
Ahead of Market: 10 things that will decide D-Street action on Friday
The NSE Nifty 50 index ended 0.89% higher at 22,821 points and the S&P BSE Sensex rose 0.93% to 75,074, adding to their gains of more than 3% on Wednesday.
How an Israeli firm tried to build anti-BJP narrative during polls
OpenAI claims to have disrupted an AI-based covert operation launched by an Israeli firm that allegedly peddled anti-BJP agenda. In 2021, the BJP government drew flak after Israeli spyware Pegasus was allegedly used to snoop on journalists, Opposition leaders and rights activists
Ahead of Market: 10 things that will decide D-Street action on Wednesday
Indian benchmark indices slipped around 6% each on Tuesday, a day after the blue-chip indices surged to record highs on Monday as exit polls had projected a much bigger margin of victory. MACD showed bullish trade on the counters of Solar Industries, Sobha, Phoenix Mills, and Container Corporation of India. Shares of India Cement, Zee Entertainment Enterprises, Bandhan Bank, Dalmia Bharat hit their 52-week lows.
Google says tech infrastructure investment in Singapore reaches $5 billion
The company said its data centres in Singapore employ over 500 people and are used to power services such as Google Search and Maps.
Stock Radar: This battery maker stock turned multibagger in a year; what should investors do?
Exide Industries has given massive returns to its investors in a year and according to experts there is more steam left in the stock. The stock has an upside of 143% in a year. After consolidating in a narrow range for the past few weeks, it gave a breakout from the same this week. The sudden rise followed by consolidation resembles a breakout above a Flag & Pole pattern.
Ahead of Market: 10 things that will decide D-Street action on Friday
Nifty ended Thursday with a decline of 216 points, driven by strong selling pressure across most sectors. The 50-stock index fell for the fifth consecutive session and is now trading below the crucial 21-day Exponential Moving Average (21EMA).
GCCs open multiple career opportunities for freshers
India's economy has experienced significant growth due to the establishment of global capability centres (GCCs), which benefit from the country's skilled workforce, low operational costs, and digitisation. These offshore units, set up by multinational corporations, centralise various business functions and operations to improve productivity, presenting numerous job and career advancement opportunities, especially for early career professionals.
'Risk averse' West torn over Ukraine push to strike Russia: analysts
Amid rising calls for Ukraine to strike inside Russia using Western-supplied long-range weapons, allies remain cautious due to fears of escalation and nuclear threats from Moscow. NATO chief Jens Stoltenberg urged lifting restrictions to aid Ukraine's defense, but the US and Germany hesitate. Despite Ukrainian President Volodymyr Zelensky's criticism, divisions persist among Western leaders. Some, like French President Emmanuel Macron, suggest deploying Western troops, challenging traditional stances and highlighting deepening debates on the conflict's next steps.
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.
Why there is an urgent need for data centres to go green
Data centres are significant consumers of electricity, using approximately 2% of the world’s power and emitting CO2 that is equivalent to the airline industry, a high carbon intensive business.
Delhi LG orders inquiry into death of six newborns at hospital in Vivek Vihar
Delhi Lieutenant Governor VK Saxena on Sunday asked the Chief Secretary to order a probe into the tragic fire incident where six newborns lost their lives at a baby care centre in the Vivek Vihar area. "Have asked Chief Secy to institute an inquiry into the tragic incidents of fire in children's hospital in Delhi. Also instructed CP to ensure all that is needed. My heartfelt condolences to the bereaved families. I assure all relief & will ensure that guilty are brought to book," Delhi LG Saxena said on X.
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.
Laxman's NCA stint ends in September, can BCCI retain him in set-up?
VVS Laxman, the former batting coach, is reportedly hesitant to become the Indian team's head coach due to his stint as NCA's 'Head of Cricket' ending in September. Kolkata Knight Riders mentor Gautam Gambhir is considered the preferred candidate, but it is unclear whether secretary Jay Shah has spoken to the national team's senior stars about Gambhir's acceptability.
Stock Radar: Multibagger returns in less than 1 year! This green NBFC player is poised for continued growth
IREDA has rallied by about 190% since its November 2023 listing. After reaching 215 in February, the momentum in the stock fizzled out. It continued to drift lower and found support above 120 levels in March. The stock is trading well above most of the crucial moving averages such as 5,10,30,50 and 100-DMA on the daily charts.
Writing is easy, not living: Challenges in implementing family business constitutions
Numerous families face difficulties in actualizing the principles outlined in the document into practical, everyday reality. We discuss here the key challenges encountered in implementing a family business constitution.
Rationalisation of govt bodies: WCD ministry 'officially' dissolves Food and Nutrition Board
The Women and Child Development (WCD) Ministry has officially dissolved the Food and Nutrition Board (FNB), a technical wing of the ministry responsible for providing technical and logistical support for community nutrition programmes. The FNB had a network of offices and quality control laboratories in Delhi, Faridabad, Mumbai, Kolkata, and Chennai. The decision came after a Cabinet meeting in April last year, following recommendations from the Principal Economic Adviser's report on the rationalisation of government bodies.
Stock Radar: Multibagger in a year! Should you buy or book profits in this defence counter?
HAL may have given multibagger returns in the last one year, but there’s more steam left to it. The stock rose from Rs 1,512 on May 15, 2023, to Rs 4,185 on May 15, 2024 — an upside of over 178%. Holding to the momentum, it hit a fresh record high of Rs 4,265 on May 16.
Stock Radar: Piramal Enterprises shows signs of bottoming out after 27% fall from highs; is it a contra buy?
After falling over 27% from its September 2023 highs, the stock price shows signs of bottoming out. It hit a 52-week high of Rs 1,140 in September. It found some support above 800 levels in March 2024 and bounced back.
Minda Corporation rolls out one million two-wheeler smart keyless system
With a workforce of more than 16,000 people, Spark Minda operates 29 manufacturing facilities across India, Vietnam, and Indonesia, in addition to R&D facilities located in Pune and Bangalore. The company has recently expanded its global footprint by opening offices in Japan and Italy for the integration of its operations.
Tata Technologies inks pact with Telangana for skill centres
Tata Technologies signed an MoU with the Telangana government to establish Advanced Technical Skill Training Centres in 65 Industrial Training Institutes. The company will upgrade government ITIs as advanced technology centres and conduct 9 long-term, 23 short-term, and bridge courses. Project implementation is scheduled for the 2024-2025 academic year.
Assam CM inaugurates construction skill training centre to empower youth
Assam Chief Minister Himanta Biswa Sarma emphasized the importance of modern technical skills for the state's youth to secure lucrative job opportunities nationally and internationally. He inaugurated a Construction Skill Training Centre in Dhemaji district, a collaboration between the Assam government and Larsen & Toubro, aiming to enhance skills and connect trainees with modern construction practices. Sarma highlighted the need for Assam's youth to capitalize on high-paying jobs by acquiring new-age technical skills, including solar technology.
BP announces plans for technical centre in Pune
The centre is slated to open in the second quarter of 2024, the company said in a statement. The headcount is expected to rise to 400 by the end of this year when the centre is fully operational. Molyama Kromah, a former gas business executive at BP, would head the Pune centre.
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