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We expect a lot from our computers these days. They should talk to us, recognise everything from faces to flowers, and maybe soon do the driving. All this artificial intelligence requires an enormous amount of computing power, stretching the limits of even the most modern machines.Now, some of the world’s largest tech companies are taking […]

Ministry of Environment, Forest and Climate Change has accorded environmental clearance (EC) to Lancet Infocom’s IT/ITES project ‘Centrade’. Project is located at plot no.1, sector 140, Noida, Uttar Pradesh. It will spread over a total area of 20,000 squre meter with a construction area of 92,058.015 square meter and will comprise two buildings. Maximum height […]

Government plans to bring offshore wind energy and large hydro-electricity projects under the ambit of renewable energy, which will scale up the target of 175 gigawatts of green power capacity by 2022. “Today, we are contemplating bringing large hydro also under the definition of renewable power. We are also contemplating to exploit our offshore wind […]

Power Grid Corporation of India (PGCIL) Board has accorded investment approval for a transmission project. Approval was accorded to Baharampur (Power Grid) – Bheramara (Bangladesh) 2nd 400 kV D/c Transmission line (Indian Portion) at an investment cost of Rs 198.49 crore. Commissioning is schedule for 24 months from the date of investment approval.

Retail major Shoppers Stop today said it has entered into a commercial arrangement with Amazon India to sell its products on the latter’s marketplace. Shoppers Stop, in a BSE filing, said there is no separate monetary consideration other than the mutual covenants and agreements of the parties.”In addition to the website of the company and […]

Big Bazaar is planning to launch around 100 stores in the next 12 months across the country under its expansion plan. New store in Bistupur will spread over 32,989 sq ft in the P & M Hi-Tech City Centre Mall.Project will generate employment for 2,500 people directly and indirectly. Mall will spread over six lakh […]

Drug firm Strides Shasun on Wednesday said it has received approval from the United States health regulator for generic Omega-3-acid ethyl esters softgel capsules used for reducing lipid in the blood. Company has received approval from the US Food and Drug Administration (USFDA) for its capsules which are generic version of Lovaza capsules, Strides Shasun […]

Department of Pharmaceuticals (DoP) has directed the national drug price regulator National Pharmaceutical Pricing Authority (NPPA) to examine the documentary proof submitted by Cadila Healthcare Limited and re-fix the ceiling price of the formulation Co-Trimoxazole tablet. Cadila Healthcare had earlier filed a review petition against price fixation of their formulation “Co-trimoxazole tablets” by the NPPA […]

Latest discovery of India’s largest oil explorer Oil and Natural Gas Corp to the west of its Mumbai High offshore fields is estimated to hold in-place reserves of about 20 million tonnes, sources with knowledge of the matter said. Mumbai High field annually produces oil and natural gas of about 9 million to 10 million […]