China adopts ‘Meibao’ a robot watchman

A residential community in China's capital Beijing has adopted a first-of-its-kind "robot watchman" that integrates facial recognition, man-machine communication and infrared thermal imagery, replacing human night patrol.Robot Meibao not only monitors illegal activities but also provides useful information to residents at the Meiyuan community in Beijing, Liu Gangjun, the project director at the Beijing

Infosys partners with Roland-Garros to re-create digital tennis experience for fans and players

In an attempt to enhance the tennis experiences for the fans and tennis players, One of India's largest technology giant Infosys on Thursday announced the three-year strategic technology partnership with Roland-Garros Slam tennis tournament also known as French Open.The company in its statement said that "The main aim of the partnership is to re-create the tennis experience for the fans and the tennis player

Caplin Point Labs gets USFDA approval for its new anticholinergic drug

India based mid-cap pharmaceutical company. Caplin Point Laboratories has announced that "One of its subsidiaries received an anticholinergic drug approval from US health regulator."The company in its statement on Friday said that "Caplin Steriles a wholly owned subsidiary of Caplin Point Laboratories has been granted final approval by the United States Food and Drug Administration (USFDA) for its abbreviated

InstaReM secures another $20 million in series C round funding from Vertex Growth Fund and Atinum Investment

Ahead of making its plan to Initial public offering in 2021, Asia's leading cross border digital payment company InstaRem on Tuesday announced that "It has secured additional $20 million (INR 130 crore) in series C round funding.The new round funding was led its existing investor Vertex Growth Fund (VGF) in the participation of South Korea based Venture Capital investor, Atinum Investment as its new investors.

Ravi Shankar Prasad: IT sector has created 8.73 lakh jobs in 5 year

While speaking with reporters on Wednesday, IT minister at Government of India, Ravi Shankar Prasad said that "the IT sector has created nearly to 8.73 lakhs new jobs inside the country."Quoting to the apex industry data, Ravi Shankar Prasad said that "The IT sector has spawned 8.73 lakh jobs in the past five years under the government led by the Prime Minister Narendra Modi."Adding to this, he said, "The

Jaguar Land Rover India to increase the price of its model by 4 percent

Auto Maker Jaguar Land Rover India (JLR), and a wholly owned subsidiary of Tata Motors on Monday announced that "the company will increase the price of its selected models up to by 4 percent with effect from April 1."In a statement, Rohit Suri, President, and Managing Director, Jaguar Land Rover India, said: "The price in selected products is a purely inflationary and we are certain that Jaguar and Land Rover,

Amazon faces Virginia funding vote test for its second headquarter

Amazon.com Inc's plan to set up a second headquarters in northern Virginia, after being rebuffed in New York, will face its first test when local officials vote on Saturday on a proposed financial package worth an estimated $51 million.Amazon in November picked National Landing, a site jointly owned by Arlington County and the City of Alexandria, just outside of Washington, along with New York for its so-called

Microsoft partners with CarveNiche Technologies to provide AI-based maths teaching to school students

To provide an Artificial Intelligence (AI) based math teaching for the school students, A Bangalore-based EduTech company CarveNiche technologies on Friday announced that "It has partnered with Microsoft Corp to design a new Artificial Intelligence-based math learning programme called beGalileo for school students."The company said that "beGalileo will use the AI technology to collect and analyze the information

Facebook removed 1.5 million videos related to New Zealand mosque attack

Social Networking Giant, Facebook Inc said that "It has removed more than 1.5 million videos related to the New Zealand mosque attack."In a tweet on Saturday, Facebook said that "In past 24 hours, we have removed 1.5 million videos related to the New Zealand mosque attack."In the first 24 hours we removed 1.5 million videos of the attack globally, of which over 1.2 million were blocked at upload...—

Lakshmi Vilas Bank secures Rs 459 crore through QIP

India's private sector bank, Lakshmi Vilas Bank has announced that "It has raised Rs 459.59 crore through Qualified institutions placement (QIP)."Lakshmi Vilas Bank, in its statement on Saturday, said that "At the rate of Rs 72 per share, the Bank has raised Rs 459,59 crore through QIP.""The fund will help the bank to strengthen its capital base and will enable the bank to further rise in tier II