Towards this, A DRDO delegation met with Raksha Mantri Rajnath Singh today to apprise him about 108 systems and subsystems which have been identified for designing and development by the Indian Industry only. This initiative will pave the way for Indian Defence industry to develop many technologies towards building an …
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Clarification: Indigenously manufactured items amongstnegative list for imports
Consequent to release of the negative list of items for import by Ministry of Defence (MoD) on August 09, 2020, certain queries have been received with respect to inclusion of some of the items like the light combat aircraft LCA Mark 1A, Pinakarocket system and Akash missile system, which are …
Read More »Three major artillery gun systems inducted into Army
Speaking at the induction ceremony, held at Deolali Field Firing Ranges, the defence minister said many more such systems would be inducted in the Army in the next few years. The 155mm, 39 calibre Ultra light Howitzers have been procured from USA under Government to Government Foreign Military Sales and …
Read More »Mphasis’ arm acquires Stelligent Systems
Mphasis’ wholly owned subsidiary — Mphasis Corporation has acquired Stelligent Systems, LLC a US based, DevOps, continuous integration and continuous development, service provider in Amazon Web Services (AWS), for consideration up to $25 million consequent to signing a definitive agreement on November 08, 2018 regarding the acquisition. Mphasis is a …
Read More »Apollo Micro Systems gets nod for enhancement of ICICI Bank working capital limits
Apollo Micro Systems has received an approval for the enhancement of ICICI Bank Working Capital Limits aggregating up to Rs 250 million. The Board of Directors of the company at their meeting held on November 01, 2018, approved the same. The Hyderabad-based company is in the business of designing, development …
Read More »Ramco Systems extends relationship with PHI
Ramco Systems has extended its decade-long business relationship with US heli-operator PHI, Inc. for a company-wide enterprise software upgrade. PHI, Inc., a long-time commercial aviation customer of Ramco, will upgrade the company and its subsidiaries to the latest version of Ramco Aviation M&E MRO Suite 5.8 to manage its multi-entity …
Read More »OutSystems selects Persistent Systems as global partner
OutSystems, provider of the number one platform for low-code rapid application development has recognized Persistent Systems as a Global Partner, its highest partnership level. Persistent, a global leader in software and technology development, and OutSystems have strengthened their strategic alliance to make it easier for customers to launch products and …
Read More »Persistent Systems reports 7% rise in Q2 consolidated net profit
Persistent Systems has reported results for second quarter ended September 30, 2018. The company has reported a rise of 3.78% in its net profit of Rs 89.68 crore for the quarter under review as compared to Rs 86.41 crore for the same quarter in the previous year. Total income of …
Read More »Persistent Systems, Partners HealthCare launch new center of excellence
Partners HealthCare in collaboration with Persistent Systems has formed a new center of excellence – Partners HealthCare Pivot Labs that aims to disrupt the delivery of healthcare to enhance the patient experience, improve clinical outcomes and control costs. Focusing on preventive care, chronic care management and care coordination, Partners Pivot …
Read More »IndiGo airline says ‘systems down at all airports’, urges passengers to have patience
IndiGo airline’s systems were down on Sunday at all the airports due to a technical error. Various passengers of the airline remained stranded at Delhi’s Indira Gandhi International Airport due to the issue, ANI reported. The airline tweeted out an advisory about the same. View image on Twitter In a …
Read More »IMD launches new ensemble prediction systems to improve weather forecast
These new systems, according to IMD, shall improve upon deterministic forecasts that are prone to high margins of error. The EPS involves generation of multiple forecasts using slightly varying initial conditions. The 450-crore acquisition of eight petaflops high-power computing systems will help in generating newer forecasts which have a higher …
Read More »PM Modi created transparent systems: Arun Jaitley
Union minister in his blog said that NDA Govt entered its fifth year in office. Preceding 10 yrs of UPA rule witnessed most corrupt Govt since Independence. Prime Minister Narendra Modi has created transparent systems. Prime Minister Modi govt has given this country a scam-free governance. Prime Minister is the …
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