Technology news

NEW DELHI: India has successfully flight tested the indigenously-developed hypersonic technology demonstrator vehicle (HSTDV) that is expected to power futuristic long-range missile systems and aerial platforms, officials said. The HSTDV, based on hypersonic propulsion technologies, has been developed by the Defence Research and Development Organisation (DRDO), they said. Defence Minister Rajnath Singh congratulated the DRDO over the successful test flight of the HSTDV, calling it a "landmark achievement" "I congratulate to DRDO on this landmark achievement towards realising PM's vision of Atmanirbhar Bharat. I spoke to the scientists associated with the project and congratulated them on this great achievement. India is proud of them," he tweeted. A DRDO official said, with the successful test flight of the HSTDV, India has demonstrated capabilities for highly complex technology that will serve as the building block for next generation hypersonic vehicles in partnership with … [Read more...] about India test fires indigenously-developed hypersonic technology demonstrator vehicle

Major exploration and production (E&P) companies in the oil and gas sector of the country are increasing their exposure in digital technology to sustain operations in COVID-19 time, experts said on Friday. Adoption of the digital route has now become important for the sustainability of operations, maintenance and also in keeping liquidity, said director (finance) of state-owned GAIL, A K Tiwari. GAIL is now in the process of implementing a 5000 km long pipeline in which every 200 km is being monitored individually by digital technology, Tiwari said at a webinar organised by ICC. He said that GAIL is also interacting with other PSUs for keeping itself abreast of the other areas of digitisation. Chief digital officer of Cairn Oil and Gas, Anand Laxmivarahan R, said that his company is deploying every single aspect of technology like machine learning, artificial intelligence and those available on the cloud. He said that data-driven technology is being used for reservoir … [Read more...] about Energy E&P majors increasing use of digital technology, say experts

KOLKATA: Moody’s Investor Service has affirmed Bharti Airtel’s Ba1 corporate family rating (CFR) and revised the outlook to `stable’ from `negative,’ following clarity around adjusted gross revenue (AGR) dues payment timelines and improved profitability of the Sunil Mittal-led telco’s India mobile services business. The global ratings agency said Airtel’s core India mobile business has benefited from a combination of reduced competition, steady 4G customer adds and tariff hikes taken last December. “The ratings affirmation and change in outlook to stable reflect improving profitability at Bharti's core Indian mobile business, because of a moderation in industry competition, an increase in its 4G customer base, and a tariff hike from December 2019,” Annalisa DiChiara, Moody’s senior vice president, said in a media statement Friday. Staggered payment resolution related to AGR liabilities, she said, “is a positive … [Read more...] about Moody’s has ‘good news’ for Airtel

Students' Campus profiles will be different from the 'main' Facebook profile and can include things like their major, minor, classes, hometown, and graduation year. Additionally, signing up for the Campus service will require you to verify your college email — and, at present, to be a student of one of a select few colleges in the U.S. The list currently includes: … [Read more...] about Facebook hopes to be cool again with college-only Campus news feed

NEW DELHI: With digital payments constantly growing, financial service providers need to collaborate with fintech developers to build "resilient front-ends" to safeguard consumer interest in view of rising cyber frauds, a top finance ministry official said on Monday. Speaking at a FICCI event on FinTech, K Rajaraman, Additional Secretary in the Finance Ministry, said an area that "needs to be highlighted is cyber security and fraud prevention. Now that there is an explosion in the use of digital platforms. A lot of the activities of fintech have been focused on how to provide resilient front-ends for the financial services providers". Financial service providers must not hesitate to actually collaborate with fintech (financial technology) innovators for beefing up cyber security and fraud prevention, he said. Citing an example of recent cyber attack on New Zealand's stock market, he said, cyber security should get continuous attention from all stakeholders. Last month, New Zealand's … [Read more...] about Fintech companies need to focus on providing resilient front-ends for financial service providers: Government