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Russian spy in German military sentenced to 3.5 years (Lead)

Dusseldorf, May 27 (IANS/DPA) A 54-year-old German army officer who confessed to spying for Russia has been sentenced to three and a half years in prison by a court in Dusseldorf. The man, a captain, had acknowledged betraying sensitive military information to the Russian secret services. He also joined the far-right Alternative for Germany (AfD) […]

N. Korea says military reconnaissance satellite launch ends in failure

Seoul, May 28 (IANS) North Korea said on Tuesday that its latest attempt to launch a new rocket carrying a military reconnaissance satellite ended in failure due to the midair explosion of the rocket during the first-stage flight this week. Vice General Director of North Korea’s National Aerospace Technology Administration (NATA) said that the rocket […]

SpiceJet denies KAL Airways’ Rs 1,323 cr claim, labels it ‘legally baseless’

New Delhi, May 28 (IANS) SpiceJet on Tuesday refuted the claims made by KAL Airways and Kalanithi Maran regarding seeking damages of Rs 1,323 crore and said that these assertions were not only legally untenable but also regurgitation of previously rejected claims by the Arbitral Tribunal and then the Delhi High Court. “KAL Airways and […]

Sensex, Nifty trade flat; Pharma stocks shine

Mumbai, May 28 (IANS) Indian equity benchmarks opened flat on Tuesday following sideways momentum in the market due to elections. At 9:50 a.m., Sensex was at 75,477, up 79 points or 0.11 per cent and Nifty was up 28 points or 0.13 per cent at 22,961 points. Midcap and smallcap stocks are underperforming to large-cap. […]

Ex-Porsche engineer Manfred Harrer joins Hyundai in top role

Seoul, May 28 (IANS) Hyundai Motor Group said on Tuesday it has hired a former Porsche engineer who led the development of the luxury sports car brand’s first electric vehicle (EV), Taycan, as it strives to further improve its vehicles’ performance. The South Korean carmaker has appointed Manfred Harrer as executive vice president and head […]

South Korea to open joint AI research lab in US

Seoul, May 28 (IANS) South Korea’s science ministry said on Tuesday it will create a joint artificial intelligence (AI) research lab with New York University (NYU) in the US. The Global AI Frontier Lab will be co-led by two distinguished computer scientists — Cho Kyung-hyun and Yann LeCun — who are both professors at NYU, […]

Wipro, IISC’s Centre for Brain Research tie up to boost AI-based health innovations

Bengaluru, May 28 (IANS) IT services major Wipro on Tuesday announced a partnership with the Centre for Brain Research (CBR), a non-profit research organisation, hosted at the Indian Institute of Science (IISc) to develop personalised AI-based health innovations. The partnership will harness the power of artificial intelligence (AI), machine learning (ML), and big data analytics […]

Adani Enterprises Ltd to raise Rs 16,600 crore to expand biz

Mumbai, May 28 (IANS) Adani Enterprises Ltd (AEL) on Tuesday announced to raise Rs 16,600 crore via qualified institutional placement (QIP) or other permissible mode in one or more tranches and in accordance with the applicable laws, as it aims to aggressively expand its businesses. The board of directors at the flagship company of the […]

IIT Bombay, TCS to develop India’s 1st Quantum Diamond microchip imager

Mumbai, May 28 (IANS) The Indian Institute of Technology (IIT) Bombay on Tuesday announced a strategic partnership with IT services major Tata Consultancy Services (TCS) to develop India’s first Quantum Diamond microchip imager — an advanced sensing tool to test the quality of semiconductor chips. The new sensing tool, to be built at IIT Bombay […]

For high mango yield, CISH recommends tree rejuvenation

Lucknow, May 28 (IANS) Overgrown and unproductive mango trees may get a fresh lease of life through canopy management technology developed by ICAR-Central Institute for Subtropical Horticulture (CISH), helping enhance the yield. The dense canopies when trimmed scientifically not only increase the volume of yield over the years but also the size of the fruit. […]