Personal players to Run Trains, Railways Working on’Revolutionary’ Idea: Reports New Delhi: In what is surely a revolutionary concept, the Indian Railways is operating on a proposal to encourage personal players to run its trains. According to reports, the idea has attracted the eye of private carriers such as Indigo and SpiceJet and travel portal… Read More »
Oilfield attacks have damaged House of Saud. The Iranians or their Houthi proxies couldn’t have factored to the quick recovery of markets after their September 14 strikes on Saudi Arabia’s oil facilities. Probably ready for retaliation in Anglo-American powers egged on by Saudi Arabia, there was a second surprise — not one came. While Saudi… Read More »
Huawei planning to setup 5G portals in India. New Delhi: In the event the Indian government doesn’t let Huawei to build a fifth-generation (5G) system in the country, then Indian telecom operators may have to spend more on 5G infrastructure, US Rating agency Fitch has said in a document. “We are of the view that… Read More »
More tech startups plan to go public in the following couple of decades. Bengaluru: At least half-a-dozen tech startups, such as unicorns such as Freshworks, Ola and Oyo, are taking a look at going public within the next couple of years, based on four people conscious of the growth. The development comes amid a number… Read More »
Maybe not aggression but self defence’: Rajnath after India gets first Rafale. India’s purchase of 36 is not a sign of aggression from anybody, but is part of the country’s self defence plan, Defence Minister Rajnath Singh said on Tuesday. ‘From February 2021, we’ll get delivery of 18 Rafale aircraft and by April-May 2022, we… Read More »
Industrial realty developers may raise Rs 1.5 lakh crore through REITS, ” says Crisil. With investor interest in the residential segment decreasing because of limited land price appreciation and inability to monetise resources, property investment trusts (REITs) can provide a better investment option. Rating agency Crisil, in its analysis on India’s REIT Opportunity, stated on… Read More »
Face-recognition cams at city railway station. Following a successful pilot programme, railroad police intend to install 150 facial-recognition cameras at the Bangalore City railway station to recognize prospective offenders. The pilot project, which ran for four weeks from May into September 2019, and involved nine distinct cameras from nine distinct manufacturers to judge their efficacy,… Read More »
EU’s Finance Commissioner pledges shared regulations for crypto-assets like Libra. On Tuesday, the EU’s Finance Commissioner, Valdis Dombrovskis, vowed he would propose new guidelines to govern virtual currencies like Libra, following his reappointment. That is an interesting statement to make in the five years he’s served so far, Dombrovskis hasn’t taken any actions to regulate… Read More »