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Isro launches six Singapore satellites aboard PSLV-C29

Isro launches six Singapore satellites aboard PSLV-C29

New Delhi: Indian Space Research Organisation (Isro) on Wednesday launched six satellites of Singapore aboard Polar Satellite Launch Vehicle (PSLV-C29) on Wednesday from Satish Dhawan Space Centre in Sriharikota.

With this, the national space agency completed 50 launches from Sriharikota since 1979.

Google Launches Launchpad Accelerator for Mobile Startups in India, Brazil and Indonesia

Google Launches Launchpad Accelerator for Mobile Startups in India, Brazil and Indonesia

According to Roy Glasberg, Google’s Global lead for its Launchpad programs, “the accelerator was born out of Google’s existing Launchpad program for startups and its global series of events that launched about two-and-a-half years ago”.

Google is keenly interested in making an impact on startups, and is seriously trying to scale its efforts. For the same, it is working on various launching projects, trying to develop better tools and offer high-impact mentoring to startups. That’s where the new accelerating programme comes in.

NHAI to raise up to Rs.1,000 cr via bonds

NHAI to raise up to Rs.1,000 cr via bonds

The National Highway Authority of India (NHAI) plans to raise funds up to Rs.1,000 crore through public issue of tax-free, secured redeemable non-convertible bonds.

The issue will open on Thursday and is scheduled to close on December 31, 2015, with an option of early closure, it said in a statement.

India well prepared to deal with US rate hike: Finance Ministry

India well prepared to deal with US rate hike: Finance Ministry

Finance Ministry today said India is well prepared to deal with the impact of the US Federal Reserve interest rate hike and the end of uncertainties will actually help policy makers in emerging economies.

“US Fed rate hike and reference to gradualism are on expected lines. India well prepared,” Economic Affairs Secretary Shaktikanta Das tweeted.

BSNL to partner with Google for Project Loon as it gets govt in-principle nod

BSNL to partner with Google for Project Loon as it gets govt in-principle nod

The government has in-principle agreed to partner with Google’s Project Loon on a pilot basis and state run BSNL has been assigned to partner it, communications and IT minister Ravi Shankar Prasad said on Wednesday after a meeting with Google’s CEO Sunder Pichai.

“In-principle we agree for a pilot project for Project Loon. We are quite open on the project and BSNL will partner with Google for it,” Prasad said.

Air India technician dies after getting sucked into plane engine

Air India technician dies after getting sucked into plane engine

In a freak accident, an aircraft technician died after being sucked into the engine of an Air India aircraft during push back at the Mumbai airport this evening.

The mishap occurred when the co-pilot of Mumbai-Hyderabad flight 619 mistook a signal for starting the engine and the victim, Ravi Subramanian, who was standing close, got sucked into it at bay 28 of the Chhatrapati Shivaji domestic airport around 8:40 pm.

ATM dispenses five times extra cash due to erroneous loading

ATM dispenses five times extra cash due to erroneous loading

An ATM of a private bank dispensed five times extra currency notes without deducting the additional amount from the card holder by mistake at Ajitgarh town of Sikar district.

The Axis Bank ATM delivered five times extra cash without deducting it from the bank accounts following which several people gathered there to withdraw money, the bank spokesperson said in a statement.

Luxury cars hard hit by SC ban

Luxury cars hard hit by SC ban

Luxury car manufacturers will take the biggest hit with the diesel vehicle ban ordered by the Supreme Court.

Manufacturers which meet the emission norms but face the axe due to the order are Porsche, Jaguar Land Rover (JLR), Maserati, Volvo, BMW, Mercedes and Audi.

Markets remain choppy; Nifty hovers around 7,750

Markets remain choppy; Nifty hovers around 7,750

After a gap up opening, markets have erased their early gains on account of profit booking. The selling pressure on the index heavyweights such as Tata Motors, Axis Bank, ITC has dragged the markets lower.

At 11:30 am, the S&P BSE Sensex was down by 5 points at 25,488 and the Nifty50 gained 4 points at 7,754.

Reliance Industries: Is the tide turning in its favour?

Reliance Industries: Is the tide turning in its favour?

Reliance Industries (RIL) is drawing the attention of the street with the impending launch of its much awaited 4G service. With RIL having invested heavily in its telecom venture Reliance Jio, its success and return on investments will be crucial. The venture has drawn investor concern and analysts criticism of Reliance’s investments in the sector, based on long break-even and lower returns on heavy investments. Thus, while the launch and success will be watched for keenly, investor expectations are low, and success of the venture can boost Street sentiment.

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