Tech giant IBM has unveiled a new line of power system servers that can handle intensive computing workloads at organisations using new-age technologies like artificial intelligence (AI). “Next-generation power systems servers incorporate a newly designed POWER9 processor. This has been built specifically for compute-intensive AI workloads… Using this, enterprises can over a period of time […]

ITC will soon unveil Phase-I of its integrated food manufacturing and logistics facility at Pudukottai in Tamil Nadu by the second quarter of 2018-19. Plant will manufacture products such as biscuits, atta and noodles. Project will entail an investment of Rs 1,000 crore and will spread over 55 acre of land. It involves phased implementation […]

Billionaire Gautam Adani’s group company today offered about Rs. 6,000 crore to emerge as the highest bidder for acquisition of bankruptcy-hit edible oil firm Ruchi Soya,. Baba Ramdev-promoted Patanjali Ayurved, the only other qualified player in the race, has bid for around Rs.5,700 crore, they added. However, Patanjali will have a right to match the […]

L&T has also been entrusted with the operation and maintenance of the bridge for 5 years. Engineering major Larsen & Toubro (L&T) on Tuesday said its construction arm has bagged an order worth Rs. 13.87 billion for construction of a bridge across the Krishna river in Andhra Pradesh.”Construction arm of L&T will construct a …bridge […]

Engineering and construction major Larsen & Toubro (L&T) recently bagged orders of Rs.2,210 crore across business segments in the domestic market. An official spokesperson said that its water and effluent treatment business has secured orders of ?2,044 crore from Narmada Valley Development Authority (NVDA) from Madhya Pradesh government, for the execution of Narmada-Kshipra multipurpose project, […]