India’s need for high-performance computing rises as AI use expands

The earth science ministry in June awarded a $100 million contract to Eviden, a division of Paris-based Atos, to build two supercomputers for weather modelling and climate research by the Indian Institute for Tropical Meteorology (IITM) and the National Centre for Medium-Range Weather Forecasting (NCMRWF). The supercomputers will have a combined power capacity… Continue reading India’s need for high-performance computing rises as AI use expands

Ola expands Prime Plus premium service to Mumbai, Pune, Hyderabad

Representative Image (Photo: Bloomberg) Ola is expanding its Prime Plus premium service to Mumbai, Pune, and Hyderabad after a successful pilot in Bengaluru, said the ride-hailing company on Friday. The service will prevent cancellations or operational hassles by providing professional drivers and assured ride reliability, said the SoftBank-backed firm. Ola, which competes… Continue reading Ola expands Prime Plus premium service to Mumbai, Pune, Hyderabad

Aditya Birla Group expands its portfolio, adds four restaurant brands

Aditya Birla Group’s hospitality arm, Aditya Birla New Age Hospitality (ABNAH), has added four restaurant brands — Hakkasan, Yauatcha, Nara Thai, and CinCin — to its growing portfolio, the company said in a press release. According to the press release, ABNAH has acquired 100 per cent stake in KA Hospitality Private Limited (KAH), the… Continue reading Aditya Birla Group expands its portfolio, adds four restaurant brands

India’s core sector output expands to 5-month high at 8.2% in June

Output of eight key infrastructure sectors — known as the core sector — expanded to a five-month high of 8.2 per cent in June. This is due to a high base effect and positive growth in seven of the eight sectors. In June last year, the core sector had grown by 13.1 per… Continue reading India’s core sector output expands to 5-month high at 8.2% in June