L&T Manufactures One of the World’s Heaviest Hydrotreating Reactor for Mexican Refinery Giant
IndianWeb2
by IndianWeb2
7h 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
11h 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
11h 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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RBI Bars Kotak Mahindra Bank from Onboarding New Customers
IndianWeb2
by IndianWeb2
12h ago
The Reserve Bank of India (RBI) has taken regulatory action against Kotak Mahindra Bank. As of recent reports, the RBI has directed the bank to stop onboarding new customers through its online and mobile banking channels. Additionally, the bank has been instructed to cease issuing new credit cards with immediate effect. This decision comes after the RBI found significant deficiencies in the bank's IT risk management during their examination. The issues identified include non-compliances in areas such as IT inventory management, patch and change management, user access management, vendo ..read more
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Huawei Unveils IDS, An Intelligent Solution for Electric Power Industry's Most Pressing Challenges
IndianWeb2
by IndianWeb2
13h ago
The IDS is designed to optimize power distribution, enhance grid reliability, and facilitate the integration of renewable energy sources. Huawei has unveiled its Intelligent Distribution Solution (IDS), which was presented at the 26th World Energy Congress in Rotterdam. The IDS is designed to address some of the electric power industry's most pressing challenges, such as high line loss, unreliable service, and the complexities of managing new energy loads. The solution aims to transform the power distribution network, often referred to as the 'last mile', which is crucial for delivering el ..read more
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NASA’s Radar Satellite CloudSat That Gave Never-Before-Seen Details of Clouds, Weather and Climate, Ended Its Operations
IndianWeb2
by IndianWeb2
17h ago
NASA's CloudSat mission, which provided unprecedented insights into the vertical structure and water/ice content of clouds, has concluded its operations. Launched in 2006, CloudSat was initially proposed as a 22-month mission but extended its service to nearly 18 years. The mission's Cloud Profiling Radar was the first 94 GHz wavelength (W-band) radar in space, a thousand times more sensitive than typical ground-based weather radars. This technology allowed scientists to view clouds in three dimensions, revealing intricate details about cloud formation, precipitation, and their impact on we ..read more
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Tata Elxsi Delivers 13% Revenue Growth in FY24; Declares 700% Dividend (Rs. 70/Share)
IndianWeb2
by IndianWeb2
17h ago
Declares 700% dividend (Rs. 70 per share) Full-year PBT crosses Rs. 1,000 Cr for the first time Growth led by Transportation at 24.6% year-on-year Tata Elxsi (BSE: 500408 | NSE: TATAELXSI), amongst the world’s leading providers of design led technology services, announced its fourth quarter results for the period ending 31st March 2024. Highlights of the Year Ended 31st March 2024 Revenues from operations at Rs. 3,552.1 Cr, + 13.0% YoY EBITDA Margin at 29.5%, PBT margin at 28.5% Profit before Tax (PBT) grows 11.9% to Rs. 1048.7 Cr Software Development and Services (SDS) grew by 9.3% Y ..read more
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Cisco and Morgan Solar Piloting Project That Powers Office Spaces with Solar Energy
IndianWeb2
by IndianWeb2
18h ago
Cisco and Morgan Solar have teamed up for an innovative pilot project that aims to power collaboration and meeting spaces using solar energy. This project is a part of their efforts to unlock clean energy adoption in office spaces. Below is the brief overview of the project: Energy Blinds: The project features Morgan Solar’s Energy Blinds, which are photovoltaic, algorithmically controlled window shades designed to capture clean, solar energy. Power-over-Ethernet: Cisco’sPower-over-Ethernet (PoE) switch is used to distribute the energy within the room efficiently. Webex Integration: The sy ..read more
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3 Non-profits from Brazil, Canada and U.S Win $1 Mn in Grants From HCLTech for Climate Action Projects
IndianWeb2
by IndianWeb2
1d ago
Selected NPOs use innovative themes including youth-led environmental activism, art and forest restoration to raise awareness and combat climate change HCLTech, a leading global technology company, has announced Brazil-based Argilando, Canada-based No. 9 Contemporary Art and the Environment and US-based The Longleaf Alliance as the winners of the first edition of the HCLTech Grant Americas. Launched in September 2023, the HCLTech Grant Americas program has committed $5 million in grants over five years to support Not-For-Profit organizations (NPOs) with innovative projects focused on comba ..read more
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IndiGo's Group MD and Ex-CEO of Tech Mahindra Launched A New AI Venture 'AlonOS'
IndianWeb2
by IndianWeb2
1d ago
Rahul Bhatia, Group Managing Director of IndiGo's parent company InterGlobe Enterprises, and CP Gurnani, former CEO of Tech Mahindra and chairman of Assago Group, have just announced a joint venture to launch a new artificial intelligence (AI) venture named 'AlonOS'.  AlonOS, a joint venture between InterGlobe and Assago, is set to transform the Al landscape globally. This venture aims to offer AI services, including generative AI, to clients in the travel, transportation, logistics, and hospitality industries. Headquartered in Singapore, AlonOS plans to expand its operation ..read more
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