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1 | Tata Motors overtakes TCS as group's most profitable firm after 10 years | Tata Motors reported a consolidated net profit of Rs 17,483 crore (adjusted for exceptional gains and losses) for Q4FY24, surpassing TCS’ consolidated net earnings of Rs 12,434 crore. For the automotive major, this marked a 213.7 per cent year-on-year increase in the bottom line, from Rs 5,573.8 crore a year ago. In contrast, India’s biggest IT firm saw a more modest Y-o-Y growth of 9.1 per cent in net profit, from Rs 11,392 crore. Tata Steel — another major company in the Tata group — is yet to declare its results for Q4FY24. |
16-May-2024 | News in Details | |
2 | Govt to complete GIS mapping of entire highway network | The Centre plans to complete the GIS mapping of all national highways, including marking the jurisdictions of all state- owned developers, for better planning, execution and monitoring of the road network and timely completion of projects. As part of the exercise, the ministry of road transport and highways (MoRTH) has asked all project implementing units of the National Highways Authority of India (NHAI), Border Roads Organization (BRO), National Highways and Infrastructure Development Corporation Ltd (NHIDCL) and the ministry itself to complete marking their jurisdictions of the national highways dashboard before the end of May so that the complete GIS data of highways along with jurisdictional segregation is available for future reference and fast-tracking work. |
16-May-2024 | News in Details | |
3 | ISRO begins preparation for India’s 2nd mission to Mars | ISRO unveils plans for Mangalyaan-2, aiming to land a rover on Mars with innovative techniques like a sky crane and a Martian helicopter. Read on to learn more about the ambitious mission. The Indian Space Research Organisation (ISRO) is aiming for the Red Planet. Building on the success of their historic Mangalyaan mission, ISRO has unveiled its plans for Mangalyaan-2, their next ambitious mission to Mars. This mission has the potential to make India the third nation in the world, after the US and China, to successfully land a spacecraft on Mars. The key detail revealed during a presentation on National Technology Day is ISRO's approach to landing their rover on the Martian surface. |
16-May-2024 | News in Details | |
4 | IAF successfully airdrops portable hospital BHISHM in Agra | The Indian Air Force (IAF) successfully tested portable hospital cubes Bharat Health Initiative for Sahyog, Hita and Maitri (BHISHM) for the first time in Uttar Pradesh's Agra on Tuesday. The test aimed to assess the capability of portable hospitals to be deployed across the country during emergencies. Weighing about 720kg, the portable hospital was dropped from 1,500 feet using specially designed parachutes by the Air Delivery Research and Development Establishment (ADRDE) in Agra. |
16-May-2024 | News in Details | |
5 | Researchers rediscover rare tree species in Wagamon after 140 years | After a gap of 140 years, researchers have rediscovered a rare and endangered tree species, Uniyala multibracteata (locally known as Kattupoovamkurunnila), from a non-protected area of the Wagamon hills in the Western Ghats. According to the researchers, the species, believed to have become extinct, has been accidentally rediscovered. Kattupoovamkurunnila is endemic to areas such as Wagamon, Memala, and Elappara. The species was originally discovered from Peerumade in 1880 by R.H. Beddome, a pioneer botanist who conducted plant discoveries in south India. Jomy Augustine, former Botany Professor at Pala St. Thomas College, who led the research, says that after Beddome nobody could collect this rare plant. “It remained unknown for the last 140 years and scientists declared it as critically endangered or possibly extinct. The genus Uniyala is named to recognise the contribution of B.P Uniyal, a renowned plant taxonomist. This genus has 11 species, most of which are endemic to south India.” says Dr. Augustine. |
16-May-2024 | News in Details | |
6 | Pakistan conducts successful training launch of 'Fatah-II' rocket system | Pakistan on Wednesday conducted a successful training launch of guided multi-launch rocket system 'Fatah-II', which is capable of engaging targets with high precision up to a range of 400 kilometres, the army said. The launch of Fatah-II Guided Rocket System was aimed at perfecting the launch drills and procedures, the army said in a statement. "Equipped with state-of-the-art navigation system, unique trajectory and manoeuvrable features, Fatah-II is capable of engaging targets with high precision and defeating any missile defence system," it said. Moreover, the army also announced that "Fatah -II is being inducted in Pakistan's Artillery Divisions for stand-off, precision engagement of deep targets," and its induction would significantly upgrade the reach and lethality of the army's conventional arsenal. |
16-May-2024 | News in Details | |
7 | India Showcases Its Green Hydrogen Potential At World Hydrogen Summit 2024 | India has set up its pavilion at the 2024 World Hydrogen Summit, currently underway in Rotterdam, Netherlands from May 13-15. Organized by the Ministry of New and Renewable Energy, the India Pavilion stands as one of the largest at the event, showcasing the country’s advancements in green hydrogen technology and facilitating engagement with stakeholders. India launched its National Green Hydrogen Mission in January 2023 with an overall outlay of Rs 19,744 crore. It targets to achieve green hydrogen production capacity of 5 million tonnes by the end of 2030. Additionally, scheme guidelines have been notified for utilizing green hydrogen in key sectors such as steel, transportation, and shipping. Furthermore, the Department of Science and Technology has initiated Hydrogen Valley Innovation Clusters to foster innovation and promote Green Hydrogen ecosystem in India. |
16-May-2024 | News in Details | |
8 | FICCI and IESA sign MoU to foster innovation in semiconductor industry | The Federation of Indian Chambers of Commerce and Industry (FICCI) and the India Electronics and Semiconductor Association (IESA) have signed a Memorandum of Understanding to promote innovation, support the semiconductor and electronics industry, and strengthen supply chains. The MoU, signed on April 14 in Bengaluru, establishes a framework for long-term collaboration between the two organisations. "This collaboration will focus on establishing a joint task force on semiconductors and future critical technologies. The core objective of this MoU is to conduct technology consultative roundtables and foster business partnerships," said SK Pathak, secretary general of FICCI, in a press release. |
16-May-2024 | News in Details | |
9 | National Dengue Day 2024 | Every year, national Dengue Day is observed on May 16 to spread awareness about the disease and ways to prevent it. Dengue is a mosquito-borne viral infection. it spreads from mosquitoes to humans and is more common in tropical and subtropical regions. High fever, headache, body ache, joint and muscle pain, nausea and rash are common symptoms of dengue. Most people with dengue get better within 1-2 weeks. However, in severe cases, dengue can also become fatal. Preventing mosquito bites is the most effective way to control dengue spread. On National Dengue Day 2024 |
16-May-2024 | News in Details | |
10 | International Day of Light 2024 | The International Day of Light is an annual celebration established by UNESCO to recognise the significance of light and light-based technologies in revolutionising our society and various aspects of our daily lives. The day is marked to highlight the role of light in shaping our world and inspiring future innovations in fields such as arts and culture, education, medicine, communications, science, and sustainable development. As the lightday.org website rightly asserts, “The laser is a perfect example of how a scientific discovery can yield revolutionary benefits to society in communications, healthcare, and many other fields.” So, with the day just around the corner, here is all you need to know. |
16-May-2024 | News in Details |