More firepower! Indian Army to acquire next-generation advanced 155mm/52 caliber artillery guns for around Rs 7,000 crore – Times of India

The Indian Army has released a tender for the acquisition of next-generation artillery guns, which will be designed, developed, and manufactured domestically. In the initial phase, the army requires 400 of these gun systems, but the demand is expected to increase significantly in the coming years as older equipment is replaced.Private defence manufacturing companies that…

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Big boost for India’s internet quality! Three large undersea cable projects to expand capacity by more than four times – Times of India

India is set to witness a significant increase in digital connectivity, with the upcoming launch of three major undersea cable projects. The 2Africa Pearls, India-Asia-Express (IAX), and India-Europe-Express (IEX) are expected to become operational between October and March next year, according to informed sources. These projects will expand the existing capacity by more than four…

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Good news for Infosys employees! IT firm gives average 80% performance bonus – Times of India

Infosys, India’s second largest IT services company, has started the fiscal 2024-25 performance bonus pay-outs for eligible employees, with an average of 80% for the first quarter that concluded on June 30. This move is expected to boost the morale of a significant portion of the technology workforce.The average percentage mentioned pertains to the bonus…

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Chevron to invest $1 billion in new tech hub in India – Times of India

BENGALURU: Chevron, the American energy giant, plans to invest $1 billion in a new cutting-edge engineering and technology centre in Bengaluru.The facility, dubbed the Chevron Engineering and Innovation Excellence centre or “The Engine,” represents a milestone for the 145-year-old, $200-billion revenue company as it aims to develop affordable, reliable and cleaner energy solutions for the…

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Bharat Bandh: Are banks & post offices open on August 21, 2024? – Times of India

Bharat Bandh on August 21, 2024: The Reservation Bachao Sangharsh Samiti has announced a nationwide strike on August 21, 2024, in response to the Supreme Court‘s recent decision on SC/ST reservations. To maintain peace during the demonstration, law enforcement agencies have been instructed to take necessary measures.The protest organizers have demanded the closure of all…

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RBI Governor Shaktikanta Das ranked top central banker globally for second year in a row – Times of India

NEW DELHI: The Reserve Bank of India on Tuesday announced that the RBI Governor Shaktikanta Das has received an “A+” rating in the Global Finance Central Banker Report Cards 2024 for the second consecutive year.According to a statement released by the Global Finance Central Banker Report Cards 2024, the central bankers who have earned an…

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‘Valuations more expensive than Tesla’: Ola Electric stock surges 107% in just 7 days! – Times of India

Ola Electric stock price: The shares of Ola Electric surprised investors on Tuesday by surging an additional 8% to reach a new high of Rs 157.53 on the Bombay Stock Exchange (BSE). Reports indicate that during Tuesday’s trading session, a significant transaction involving 2.3 crore shares, equivalent to 0.5% of the company’s equity and valued…

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Infosys ‘Power’ programme offering freshers Rs 9 lakh salary; substantially higher than Rs 3-3.5 lakh entry-level fresher pay – Times of India

Infosys, a major player in the IT services industry, has introduced a ‘power programme’ as part of its campus placement drive, offering packages of up to Rs 9 lakh per annum to select colleges, according to two sources familiar with the development. This is a significant increase from the company’s standard entry-level fresher pay packages,…

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