Google CEO Sundar Pichai (in pic) is about to have a very big week. On Wednesday, an award of 353,939 restricted shares he received before a promotion in 2014 will vest. At the end of last week, the grant was worth about $380 million, making it one of the largest single payouts to a public company executive in recent years, according to data compiled by Bloomberg.
Ten years ago, Amazon introduced the Kindle and established the appeal of reading on a digital device. Four years ago, Jeff Bezos and company rolled out the Echo, prompting millions of people to start talking to a computer.
Now Amazon.com Inc. is working on another big bet: robots for the home.
A string of smart cities in the mega Delhi Mumbai Industrial Corridor (DMIC) project is likely to drive urbanisation even as the planned smart cities in the first phase have sailed past the approval and planning stages and are now having the trunk infrastructure laid out.
Each of the smart city projects— Dholera in Gujarat, Aurangabad Industrial City (AURIC) in Maharashtra, Vikram Udyogpuri in MP and Integrated Industrial Township Greater Noida (IITGNL) in UP —is being implemented by a special purpose vehicle (SPV) formed between state and central governments.
Steeped in Sangh moorings, BJP leaders across the country are mocking science and scientific finds, asserting with great delight that most of what is available contemporarily is replete in Hindu mythology, opening up a great debate and of course leaving a trail of humour in its wake on socmedia. In what has become a recurring theatre of the surreal, the BJP leadership top down is constantly claiming that - We Were First - with a catalogue of shocking comments
If a new European law restricting what companies can do with people’s online data went into effect tomorrow, almost 1.9 billion Facebook Inc users around the world would be protected by it. The online social network is making changes that ensure the number will be much smaller. Facebook members outside the United States and Canada, whether they know it or not, are currently governed by terms of service agreed with the company’s international headquarters in Ireland.
Share of e-commerce purchases made through mobile phones has gone up to 70 per cent in 2017 with data charges becoming more affordable. The share of mobile purchases is expected to touch 80 per cent by 2020, finds a study. The higher usage of mobile phones for purchases is likely to see the launch of mobile-only formats of e-commerce companies.
The presence of a large number of river systems places India among the few countries that have the potential to develop large hydropower projects. Despite this advantage, India has realised only 45,000 MW so far, out of 1,45,000 MW of hydro potential. Delays in land acquisition and green clearances are one of the biggest bottlenecks apart from higher realisable tariff in the initial few years. All this is set to change with government planning a new hydro policy that is set to give fresh impetus to development of large projects.
Bucking the lean season trend of low demand for air travel, domestic air traffic continued to soar in March with airlines together carrying 11.58 million passengers during the period and recording a 28 per cent growth over the corresponding month last year. Most big carriers, including Air India and Jet Airways, registered over 80 per cent flight occupancy in March.
As per the latest government data, the domestic airlines carried 33.79 million passengers in January-March thus registering a 23.87 per cent growth over the same period last year.
Threats to the global financial system are rising, with the price of risky assets surging in a manner reminiscent of the years before the global financial crisis, the International Monetary Fund warned.
Researchers in the US and Britain have accidentally engineered an enzyme which eats plastic and may eventually help solve the growing problem of plastic pollution, a study said on Monday.
Researchers from Britain’s University of Portsmouth and the US department of energy’s National Renewable Energy Laboratory made the discovery while examining the structure of a natural enzyme thought to have evolved in a waste recycling centre in Japan.