Science & Tech News: Innovations

Sarla Aviation to revolutionise urban mobility in India with electric flying taxis

IANS | October 16, 2024 2:16 PM

New Delhi, Oct 16 (IANS) Sarla Aviation is leading the charge in transforming urban air mobility by developing cutting-edge electric vertical take-off and landing (eVTOL) aircraft. Co-founded by Adrian Schmidt, the company aims to provide faster, cleaner, and more efficient transportation across India's most congested cities, including Bengaluru, Mumbai, Delhi, and Pune.

India now ranks 6th in share of GenAI startups among major economies

IANS | October 16, 2024 1:15 PM

New Delhi, Oct 16 (IANS) India’s Generative AI (GenAI) ecosystem saw the total number of startups surging 3.6 times, from over 66 in the first half of 2023 to more than 240 in the first half this year, a Nasscom report said on Wednesday. India now ranks sixth globally in the share of GenAI startup ecosystems among major economies.

Industrial and warehousing demand surges 17 pc in top 5 Indian cities

IANS | October 16, 2024 11:41 AM

New Delhi, Oct 16 (IANS) Industrial and warehousing demand witnessed 20.2 million square feet of leasing in top five cities in the January-September period, registering a 17 per cent annual growth, according to a report on Wednesday.

India witnesses another strong quarter for two-wheeler sales

IANS | October 16, 2024 11:04 AM

New Delhi, Oct 16 (IANS) Two-wheelers saw strong double-digit growth (year-on-year) in the second quarter of this fiscal, while three-wheelers grew by high single-digits, as wholesale volume trends were mixed across segments, a report showed on Wednesday.

India’s semiconductor market projected to surpass $100 billion in revenues by 2030

IANS | October 16, 2024 10:30 AM

New Delhi, Oct 16 (IANS) India’s semiconductor market is set to cross $100 billion in revenues by 2030, driven by government initiatives like production-linked incentive (PLI) scheme amid robust demand to build digital infrastructure across industries, according to a report on Wednesday.

India needs to create 100 million jobs towards ‘Viksit Bharat’ goal: Chandrasekaran

IANS | October 16, 2024 10:12 AM

New Delhi, Oct 16 (IANS) As Indian embarks on the journey to become a developed nation, the country needs to create 100 million jobs to meet the employment needs of the growing workforce, Tata Sons Chairman, N Chandrasekaran, has stressed.

India’s Gen Z set to drive $1.8 trillion worth direct spend by 2035

IANS | October 16, 2024 9:38 AM

New Delhi, Oct 16 (IANS) India is a young nation with 377 million Gen Z population and they will be the biggest contributor to the country’s consumption growth, driving $1.8 trillion worth of direct spend by 2035, a report showed on Wednesday.

South Korea to extend financial support worth $6.4 billion for chip industry by 2025

IANS | October 16, 2024 9:23 AM

Seoul, Oct 16 (IANS) The government will provide low-interest loans and other support worth 8.8 trillion won ($6.45 billion) for the semiconductor industry by next year in an effort to strengthen the competitiveness of the advanced sector, the finance ministry said on Wednesday.

Adani Green Energy to defer $1.2 bn 20-year notes to after US elections

IANS | October 15, 2024 11:24 PM

New Delhi, Oct 15 (IANS) Adani Green Energy Ltd (AGEL), Adani Group’s renewable arm and India’s largest renewable energy company, has deferred its $1.2 billion IG rated offering to after the US presidential elections on account of weak market conditions.

Satellite broadband spectrum not be auctioned but allocated administratively: Centre

IANS | October 15, 2024 9:46 PM

New Delhi, Oct 15 (IANS) The government on Tuesday said that spectrum for satellite broadband will not be auctioned but allocated administratively, after SpaceX CEO Elon Musk termed the auction route being sought in the country by top industrialists as “unprecedented".

science-tech

Sarla Aviation to revolutionise urban mobility in India with electric flying taxis

India now ranks 6th in share of GenAI startups among major economies

Industrial and warehousing demand surges 17 pc in top 5 Indian cities

India witnesses another strong quarter for two-wheeler sales

India’s semiconductor market projected to surpass $100 billion in revenues by 2030

India needs to create 100 million jobs towards ‘Viksit Bharat’ goal: Chandrasekaran

India’s Gen Z set to drive $1.8 trillion worth direct spend by 2035

South Korea to extend financial support worth $6.4 billion for chip industry by 2025

Adani Green Energy to defer $1.2 bn 20-year notes to after US elections

Satellite broadband spectrum not be auctioned but allocated administratively: Centre

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