IBM Acquiring HashiCorp for $6.4 Bn in An All-Cash Deal
IndianWeb2
by IndianWeb2
1h ago
IBM has announced its intention to acquire HashiCorp Inc., a leading multi-cloud infrastructure automation company. The acquisition is valued at $6.4 billion and will be an all-cash deal. Under the terms of the agreement, IBM will acquire HashiCorp for $35 per share in cash, representing the enterprise value. HashiCorp's suite of products provides extensive Infrastructure Lifecycle Management and Security Lifecycle Management capabilities, enabling organizations to automate their hybrid and multi-cloud environments. This move aligns with IBM's focus on hybrid cloud and AI, which are conside ..read more
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105 Years Old Indian Historical Records Commission (IHRC) Adopts a New Logo and Motto
IndianWeb2
by IndianWeb2
2h ago
The Indian Historical Records Commission (IHRC), an apex advisory body on archival matters in India, has recently adopted a new logo and motto. In order to visually communicate the unique identity of IHRC and the ethos that it represents, an online competition was launched in 2023 on MyGov portal to invite the designs for logo and motto, and in response a total 436 entries were received. The winning logo design was submitted by Shaurya Pratap Singh from Delhi. The winning entry will be awarded a prize money of Rs. 50,000/- while consolation prizes of Rs. 5,000/- each will be give ..read more
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Tata Motors Filed Record 222 Patents and Secured Grant of 333 Patents in FY24
IndianWeb2
by IndianWeb2
4h ago
Tata Motors, India’s leading automobile company, has achieved a significant milestone towards intellectual property rights (IPR) creation with a record-breaking number of 222 Patents and 117 Designs applications filed during the year FY24, highest in its history. These filings span across a wide spectrum of product and process innovations, addressing key automotive megatrends such as Connectivity, Electrification, Sustainability, and Safety (CESS). They also cover various vehicle systems such as powertrain, body & trim, suspension, brakes, HVAC, and emission control. Tata Motors also r ..read more
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India's 1st Multi-purpose Green Hydrogen Pilot Project Inaugurated in Jhakri, Himachal Pradesh
IndianWeb2
by IndianWeb2
9h ago
SJVN sets milestone with Inauguration of First Multi-purpose Green Hydrogen Pilot Project of the Nation SJVN begins Centralized Operations of 1500 MW Nathpa Jhakri Hydro Power Station and 412 MW Rampur Hydro Power Station. SJVN Limited, an Indian public sector undertaking involved in hydroelectric power generation and transmission, has achieved a significant milestone with the inauguration of India's first Multi-purpose (Combined Heat & Power) Green Hydrogen Pilot Project at SJVN’s 1,500 MW Nathpa Jhakri Hydro Power Station (NJHPS) in Jhakri, Himachal Pradesh. The green hydrogen produc ..read more
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Saudi Arabia Seeks China's Assistance To Fund Its $500 Bn Futuristic City Project 'Neom'
IndianWeb2
by IndianWeb2
9h ago
Saudi Arabia is seeking China's assistance to fund its ambitious Neom megaproject which is estimated to cost around $500 billion. The Neom project, which is a part of Crown Prince Mohammed bin Salman's Vision 2030, aims to create a futuristic city that promises to integrate smart city technologies with a sustainable environment.  Recently, representatives from Neom visited Beijing, Shanghai, and Hong Kong to attract Chinese investors and provide insights into the project, which has been somewhat enigmatic. Despite the efforts, no major deals have been announced yet. There have been rep ..read more
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Sharp Corp. To Setup Display Fab Unit worth $3–6 Bn in India, Possibly Largest Outside Japan
IndianWeb2
by IndianWeb2
14h ago
Sharp Corporation, a Japanese multinational corporation that designs and manufactures consumer electronics and electronic components, is planning to establish a display fabrication unit in India, which could potentially be the largest outside Japan. The company is seeking partnerships and land for this venture. The expected investment is estimated to be between $3-6 billion, and the facility would require around 1,000 acres of land. This move is significant as it aims to boost local manufacturing and reduce imports. The proposed Gen10+ facility would manufacture high-end screens for various ..read more
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Cisco Firewalls Infiltrated by State-Sponsored Spies To Access Govt Networks
IndianWeb2
by IndianWeb2
14h ago
There has been a significant cybersecurity incident involving Cisco firewalls. A campaign known as ArcaneDoor has been identified as the latest example of state-sponsored actors targeting perimeter network devices, including those from Cisco. This sophisticated campaign has been found to compromise multiple government networks globally. On Wednesday, Cisco warned that its so-called Adaptive Security Appliances —devices that integrate a firewall and VPN with other security features — had been targeted by state-sponsored spies who exploited two zero-day vulnerabilities in the networking ..read more
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L&T Manufactures One of the World’s Heaviest Hydrotreating Reactor for Mexican Refinery Giant
IndianWeb2
by IndianWeb2
1d ago
The Antonio Dovali Jaime Refinery is best known for its significant role in Mexico's oil refining capacity. It has recently gained attention for the installation of one of the world's heaviest hydrotreating reactors, weighing 1,751 metric tons. This reactor, manufactured by Larsen & Toubro's Heavy Engineering division, is equipped with advanced Cr-Mo-V metallurgy and is based on technology developed by Axens. The hydrotreating process is crucial for removing impurities such as nitrogen and sulphur compounds from hydrocarbon streams, which is essential for producing cleaner fuel product ..read more
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Top Tech for Business Leaders: From Search as a Service to Network Monitoring Software
IndianWeb2
by IndianWeb2
1d ago
The contemporary business landscape is an ever-evolving space where technology plays a central role in shaping operations, efficiency, and competitive edge. Business leaders are continuously looking for robust tech solutions to stay ahead of the curve, from enhancing their digital presence to securing their network infrastructure. These technological advances provide a significant opportunity to optimize business processes, make data-driven decisions, and ensure the security and reliability of digital assets. This article will explore the most impactful technologies that savvy business leaders ..read more
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Reliance Jio Surpasses China Mobile To Become World's Largest Mobile Operator in Data Traffic
IndianWeb2
by IndianWeb2
1d ago
Reliance Jio has surpassed China Mobile to become the world's largest mobile operator in terms of data traffic. According to the global analytics firm Tefficient, Jio's network registered a total traffic of 40.9 exabytes in the first quarter of this year, which is higher than China Mobile's 38 exabytes. This is a significant milestone for the Indian telecom operator, showcasing its massive scale and reach in the data consumption landscape. Reliance Jio's ascent to becoming the world's largest mobile operator in data traffic is attributed to several strategic initiatives and the primary one ..read more
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