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Walmart buys 77% equity stake in Flipkart for $16 bn

Walmart buys 77% equity stake in Flipkart for $16 bn

Bengaluru : In a mega deal in India’s e-commerce space, global retail giant Walmart Inc on Wednesday announced it was buying 77 per cent equity stake in the country’s largest e-tailer Flipkart for $16 billion. “Subject to regulatory approval in ...

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Quantum technology gets a big boost in India

Quantum technology gets a big boost in India

By K.S. Jayaraman, Bengaluru : Thanks to government funding, Indian physicists are preparing for a deep dive into the quantum world that holds the secrets for developing exciting technologies for computing, communication, cryptography and many more. Schemes for making India ...

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700-km long Hyderloop transportation system proposed in Andhra

700-km long Hyderloop transportation system proposed in Andhra

Vijayawada : Hyperloop Transportation Technologies on Monday proposed to set up the Hyperloop transportation system in Andhra Pradesh connecting Anantapur-Amaravati-Vijayawada and Visakhapatnam as part of 700-800-km-long integrated public transit system. The US-based company presented the pre-feasibility route study to officials ...

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