By siliconindia | Friday, 05 March 2021, 09:44 Hrs India has agreed to expand space cooperation with Italy by tapping opportunities in earth observation, space science, robotic and human exploration, the state-run Indian space agency said on Thursday. At a bilateral meeting in virtual mode with the Italian Space Agency (ISA) on Wednesday, we have agreed to form thematic working groups to work on earth observation, space science and robotic and human exploration,” said Indian Space Research Organisation (ISRO) in a statement here. The virtual meeting was presided over by ISRO Chairman K. Sivan and ISA President Giorgio Saccoccia. Expanding space cooperation with Italy comes days after India launched 637kg Brazilian satellite Amazonia-1 on board PSLV-C51 rocket from ISRO s spaceport at Sriharikota in Andhra Pradesh, about 90km northeast of Chennai on February 28.
By siliconindia | Friday, 26 February 2021, 04:36 Hrs Retail behemoth Walmart on Thursday expanded its Vriddhi programme to Uttar Pradesh with launching of an e-Institute to help small businesses get access to skills and competencies through online and offline channels such as Flipkart’s marketplace and Walmart s international supply chain. With the new e-Institute, the company said it will empower 50,000 MSMEs across the country for both domestic and global growth. We welcome Walmart s initiative to expand the Vriddhi program to Agra and Uttar Pradesh. MSMEs from our state are recognised for their skilled craftsmanship, and for the variety of high-quality goods they offer in India and internationally, said UP Minister for MSME/NRI Siddharth Nath Singh.
By siliconindia | Thursday, 25 February 2021, 10:03 Hrs Data storage leader Seagate Technology on Thursday introduced a new storage-as-a-service platform that will help enterprises store, activate and manage the massive surge in data. An S3-compatible, storage-only cloud. Lyve Cloud enables always-on mass capacity data storage and activation. Lyve Cloud is currently offered at multiple locations in the US and will arrive in other countries in the future. Seagate said it is collaborating with Equinix, the world s digital infrastructure company, to make Lyve Cloud accessible to more customers. Lyve Cloud is a natural extension of Seagate s leadership in mass data solutions, combining our mass capacity HDD innovation with deep storage industry knowledge to help customers activate more of their valuable data, said Ravi Naik, executive vice president, storage services, and chief information officer at Seagate.
By siliconindia | Thursday, 11 February 2021, 07:56 Hrs Fintech services company BharatPe on Thursday announced it has raised $108 million (over Rs 786 crore) in Series D equity round, that puts the company at $900 million (approx Rs 6,552 crore) valuation. The company has raised $90 million (over 655 crore) in primary fund raise, and ensured secondary exit for its angel investors and employees for a total amount of $18 million (nearly Rs 131 crore). We are super excited though to have returned Rs 125 crore of capital to angels and all ESOP holders, earning them one of the highest returns on investment, said Ashneer Grover, Co-Founder and CEO, BharatPe. With the balance sheet well capitalised (more than $200 million in bank), we are now going to keep our heads down and deliver $30 billion TPV and build a loan book of $ 700 million with small merchants by March 2023, he added.
Microsoft brings Azure Stack HCI solution to Indian firms - In another bid to empower organisations with advanced hybrid cloud capabilities, Microsoft India on Thursday.