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Volvo may go for new plant next year

Volvo may go for new plant next year

Chennai: With a turnaround in the truck and bus industry, Volvo Eicher Commercial Vehicles (VECV) is looking at a new plant next year if the current peak production trend continues. According to company officials, VECV is currently hitting 7,000 units per month which is its peak capacity. If this demand trend continues, the company will start scouting for a new plant next financial year.

Government to launch national toll-free number to report road accidents on national highways

Government to launch national toll-free number to report road accidents on national highways

NEW DELHI: The government is all set to launch a national toll-free number to report road accidents on national highways (NHs) or lodge complaints with regard to their operation and maintenance. The National Highways Authority of India (NHAI) is scheduled to launch the '1033' helpline in the first week of February.

Padma awards: Foreign Awardees Range From Yoga Guru To Indologist

Padma awards: Foreign Awardees Range From Yoga Guru To Indologist

NEW DELHI: Among 85 Padma awardees this year, 16 are foreigners given the prestigious award for their work in public affairs, art and dance, yoga, spiritualism, medicine, social work, trade, literature and education.

Among the prominent names are the late Russian ambassador to India Alexander Kadakin who has been given the Padma Bhushan posthumously.

America first, 'not alone'

America first, 'not alone'

Davos: US President Donald Trump reassured the world's political and financial leaders on Friday that his "America First" agenda was not a rejection of international cooperation while insisting that cross-border trade had to be made fairer and vowing action against predatory practices.

Monetising assets: BSNL wants to sell lands which it does not own

Monetising assets: BSNL wants to sell lands which it does not own

State-owned, loss-making telecom firm BSNL’s move to monetise its real estate assets in order to shore up its revenues has run into trouble as the department of telecommunications (DoT) has said since the ownership of the properties do not vest with the firm, its proposal cannot be processed. The telecom firm had recently moved a proposal before the DoT that it be allowed to sell part of its land banks and buildings to bring about a financial restructuring of the organisation.

The 'Plastic Man' from Madurai who was awarded prestigious Padma Shri

The 'Plastic Man' from Madurai who was awarded prestigious Padma Shri

Rajagopalan Vasudevan, the 73-year old professor from Madurai, is changing the way plastic wastes are treated in the country, using a method in which the no-biodegradable waste becomes useful rather than an environmental hazard.

Known as the 'Plastic Man', Vasudevan has come out with a patented method to reuse plastic waste to construct roads and the technology has been provided to the Government of India for free.

SBI's plan to invoke guarantees on companies under NCLT unlikely to succeed

SBI's plan to invoke guarantees on companies under NCLT unlikely to succeed

A proposed plan of the State Bank of India (SBI) to invoke personal and corporate guarantees of defaulting companies is unlikely to pass legal scrutiny, having been barred from doing so in previous cases. The country’s largest bank is likely to issue about 200 notices invoking personal guarantees, even in cases where insolvency proceedings were underway.

Microsoft introduces AI for real-time translation in Hindi, Bengali, Tamil

Microsoft introduces AI for real-time translation in Hindi, Bengali, Tamil

As India celebrates its 69th Republic Day, Microsoft on Thursday announced to bring Artificial Intelligence (AI) and Deep Neural Networks to improve real-time language translation for Hindi, Bengali and Tamil.

With Deep Neural Networks-powered language translation, the results are more accurate and the sound more natural.

L&T Finance Q3FY18 consolidated net profit up 42% to Rs 3.84 billion

L&T Finance Q3FY18 consolidated net profit up 42% to Rs 3.84 billion

L&T Finance Holdings Ltd’s (L&TFH) consolidated net profit for the third quarter ended December 2017 rose by 42 per to Rs 3.84 billion on sharp rise in fee income and control over expenses. It had posted a net profit of Rs 2.7 billion in third quarter of 2016-17 (FY17).

Total Income rose by 25 per cent to Rs 27 billion in Q3Fy18. The fee income saw 93 per cent jump at Rs 3.55 billion.

A Kid Like Jake: Priyanka Chopra’s second Hollywood film premiered at Sundance, first reactions are ecstatic

A Kid Like Jake: Priyanka Chopra’s second Hollywood film premiered at Sundance, first reactions are ecstatic

Priyanka Chopra’s second Hollywood movie, the comedy-drama A Kid Like Jake, premiered at the ongoing Sundance Film Festival to warm reception, with critics and audiences singling out the movie’s delicate tone, Claire Danes’ leading performance, and Priyanka’s supporting turn.

The film focuses on the lives of a young couple and their son, Jake, who doesn’t conform to a specific gender.

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