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NASA is using a mixed reality space station to train astronauts

NASA is using a mixed reality space station to train astronauts

NASA has always embraced emerging technology for visualization, even if that tech was seemingly developed for frivolous entertainment. We recently covered its holographic Mars exhibit, and the many 3D resources that NASA makes available to developers and educators. Now, the US space agency has partnered with Epic Games’ Unreal Engine to create a mixed reality International Space Station simulator.

NTPC commissions 55 MW solar project at Bhadla

NTPC commissions 55 MW solar project at Bhadla

State-run power producer NTPC today said it has commissioned 55 mega watt (MW) of Bhadla Solar Power Project in Rajasthan. “We wish to inform that 55 MW of Bhadla Solar Power Project of NTPC Ltd has been commissioned. With this, the installed capacity of Bhadla Solar Power project has become 260 MW and that of NTPC’s solar power projects has become 620 MW,” NTPC said in a BSE filing.

Hyundai Motor suspends another China plant amid political tension

Hyundai Motor suspends another China plant amid political tension

Hyundai Motor has suspended production at a fourth China factory for one week starting March 24, online media ChosunBiz reported on Sunday, fuelling worries about the impact of South Korea’s political tension with China on sales in the automaker’s top market.

Shares of Hyundai Motor fell as much as 3 percent on Monday, while its affiliates Kia Motors and Hyundai Mobis also traded lower. Online media ChosunBiz reported on Sunday that Hyundai Motor’s China joint venture has told suppliers that it will idle the factory in Cangzhou, Hebei Province from March 24 to April 1, to check its production line.

BHEL commissions another 250 MW eco-friendly unit in Gujarat

BHEL commissions another 250 MW eco-friendly unit in Gujarat

State-owned power equipment maker BHEL today said it has commissioned a 250-mw eco-friendly unit, using low-grade coal (lignite) as a primary fuel. The lignite-based thermal unit, based on circulating fluidised bed combustion (CFBC) technology, is the second such facility to be commissioned at Bhavnagar Energy Company’s (BECL) 2×250 MW thermal power project at Padva in Bhavnagar district of Gujarat, a BHEL statement said.

Sensex extends losses, down 153 points

Sensex extends losses, down 153 points

The benchmark BSE Sensex extended losses in the late morning deals and was trading lower by 153.24 points following sustained selling in metal, energy, telecom, oil&gas, FMCG and Auto sectors amid weak Asian cues. Market turned volatile on Asian weakness following Donald Trump’s failure to push through his key healthcare legislation raised doubts whether he will be able to push through tax reforms and mega-spending packages.

Now buy Porsches, Mercs at prices 50% lower than their full-feature variants

Now buy Porsches, Mercs at prices 50% lower than their full-feature variants

MUMBAI: It perhaps has never been so affordable to own a performance car in India. Iconic German sports car makers Porsche and Mercedes-Benz AMG added new, entry-level models to their portfolios, at prices as low as half those commanded by their full-feature performance cars. Tata Motors is building one of its own.

Purists may have a problem with some of the stripped-down versions making their way into India — they don't tick all the boxes on performance expected from the road vehicles made for speed — but company executives say these cars suit better for Indian road and driving conditions.

Coal India trades ex-interim dividend; stock down 2%

Coal India trades ex-interim dividend; stock down 2%

Coal India (CIL) was trading 2.4% lower at Rs 291 on BSE as the stock is trading ex-interim dividend for Rs 1.15 per share.

The board of directors of CIL in its meeting on March 26, 2017 approved payment of second interim dividend for the financial year 2016-17 at Rs 1.15 per share of the face value of Rs 10.

Indian Railways to end SAIL monopoly; eyes private steel suppliers

Indian Railways to end SAIL monopoly; eyes private steel suppliers

Indian Railways is considering ending state-owned Steel Authority of India Ltd's (SAIL) virtual monopoly on supplying steel for standard rail tracks, opening up annual purchases worth up to $700 million to the private sector, people close to the matter told Reuters.

The vast state rail operator is undergoing a $130 billion, five-year overhaul to modernise the world's fourth-largest network, which is blighted by ageing track and saturated capacity.

SEBI accuses Reliance Industries of wrongful share trading

SEBI accuses Reliance Industries of wrongful share trading

Market regulator SEBI accused Reliance Industries on Friday of having committed a "fraud" in taking a short trading position at the time of selling a stake in a subsidiary in 2007, ordering it to surrender 4.5 billion rupees ($69 million) plus interest in "unlawful gains".

Reliance, the $64 billion conglomerate controlled by India's richest man, Mukesh Ambani, rejected the ruling by the Securities and Exchange Board of India and said it would appeal to the Securities Appellate Tribunal.

Did Reliance Industries get away lightly in the unlawful gains case?

Did Reliance Industries get away lightly in the unlawful gains case?

Securities and Exchange Board of India (Sebi) on Friday delivered its verdict in the decade-old unlawful gains case involving the country’s second-biggest company, Reliance Industries. The capital market regulator has directed the Mukesh Ambani-led company to disgorge (give up) Rs 447 crore, with interest of 12 per cent per annum since November 2007, it made “illegally”.

Besides the high interest levied, the only punitive action is a one-year ban from dealing in the futures and options (F&O) segment by the company. So has the company gotten away lightly?

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