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17 October, 2018 11:04 AM ABB bags Rs 115 cr order from Indian Railways

Swiss power major ABBÂ on Wednesday said it has won an order worth Rs 115 crore from Indian Railways to supply traction transformers. The contract has been awarded by Diesel Locomotive Works, Varanasi, ABB said in a statement. These transformers are customized for the WAP-7 type electric locomotive. The 6,000 horsepower capacity locomotive is capable 103

27 September, 2018 11:34 AM Bitcoin bull Mike Novogratz predicts bright future for the cryptocurrency

Novogratz said that the current slump is due to "institutions moving in". Founder and CEO of Galaxy Digital Mike Novogratz is optimistic about the future of cryptocurrency. According to a report in CNNMoney, Novogratz said bitcoin's fall throughout 2018 is a sign that major companies and exchanges have begun taking the cryptocurrency more seriously 102

26 September, 2018 7:20 AM Electronic Stability Control And Autonomous Emergency Braking Mandatory By 2023: Abhay Damle

Speaking at the Global NCAP's Stop The Crash event at BIC, Abhay Damle, Joint Secretary, Ministry of Road Transport & Highways said that India will have ESC and autonomous braking as mandatory features by 2023. India will have safety braking features such as electronic stability control and autonomous braking as mandatory feature on passenger cars by as soon as 2022 or 2023. This was announced 103

17 September, 2018 2:47 PM Global NCAP To Launch 'Stop The Crash' Initiative In India Soon

The 'Stop The Crash' program will also push for adoption of autonomous braking systems across platforms. With India leading the road fatalities list year on year, concrete steps to make our roads safer is the need of the hour. Global NCAP, the organisation responsible for bringing crash test results for Indian made cars in turn changing the way the country 93

5 September, 2018 8:14 AM New industrial policy to help link industry with global supply chains: Suresh Prabhu

The proposed new industrial policy, to be released soon, would help link domestic industry with the global supply chain, Commerce and Industry Minister Suresh Prabhu Wednesday said. He said that the auto component industry has successfully used this linkage to promote the sector's growth. "We are coming out soon with the new industrial policy. We are giving 94

4 September, 2018 1:43 AM 100 Million Indians Now In Digital Payments Ecosystem, Says Government

UPI, the real-time bank-to-bank payment system on mobile platform launched in 2016, registered 312.02 million transactions in August. With monthly transactions crossing 300 million mark through Unified Payments Interface (UPI), Finance Ministry officials on Monday said digital payment will soon be the norm in the country. "Digitalisation of payments 88

3 September, 2018 9:09 AM 2019 Kawasaki ZX-10R To Get More Power

The 2019 Kawasaki ZX-10R range will get an updated engine with finger-follower valve operation and will have an output of over 200 bhp. Kawasaki has upgraded its flagship ZX-10R superbike for 2019 with a new engine, which has more power than ever, and several upgrades across all three models - the ZX-10R, the ZX-10R SE and the limited edition ZX-10RR race homologation 96

22 August, 2018 10:03 AM Malala Fund Suspends Grant To 2 Bihar Shelter Homes Accused Of Sex Abuse

The Malala Fund today said it is suspending its grants to Sakhi and Nari Gunjan, two organisations named in the Tata Institute of Social Sciences' (TISS) social audit report of short stay homes across Bihar with immediate effect. TISS which had conducted the social audit had found that sexual abuse of varying forms and degree of intensity was prevalent 111

9 August, 2018 6:06 PM Modi government to unveil new industrial policy in two weeks: Report

New Delhi: In what could be touted as one of the biggest reforms in nearly 30 years, the government is all set to announce the new industrial policy. As per a report in the Economic Times, government will launch the new industrial policy in two weeks. The Department of Industrial Policy and Promotion (DIPP) in August last year floated a draft industrial 105

2 August, 2018 6:55 PM Reliance Jio, SBI enter into digital partnership

Mumbai: Reliance Jio and SBI are entering into a digital partnership aimed to increase SBI’s digital customer base multi-fold, the company announced on Thursday. “Post operationalization of Jio Payments Bank (a 70:30 JV between RIL and SBI) Jio and SBI are deepening their partnership to bring next generation bilateral frictionless experience with exclusive 97