Toyota Mobility Foundation Introduces Next-Gen Urban Development and Traffic Management Global Challenge

Toyota Mobility Foundation (TMF) has entered into an agreement with the Malaysia Digital Economy Corporation (MDEC) to launch the City Architecture for Tomorrow Challenge (CATCH). This is the region’s first global challenge that will attract innovative, data-driven entries from global participants. The aim is to raise efficiency in urban planning, and drive forward the future of mobility. This partnership will enable Kuala Lumpur to take the lead in developing next-gen urban development and city mobility management for the region.   A launch event was held in Kuala Lumpur on 13 February…

Syncordis is Granted the ‘Support Professionals of the Financial Sector’ Status by Luxembourg Ministry of Finance

Syncordis PSF S.A., a leading Temenos banking software specialist and a subsidiary of Larsen & Toubro Infotech Ltd. (LTI) has been granted ‘Support Professional of the Financial Sector’ (Support PSF, Art 29-3 – OSIP) license by Luxembourg Ministry of Finance. A Professional of the Financial Sector (“PSF”) is an entity that is authorized to perform financial sector activities as a regular occupation, in accordance with article 13 of the law. The license strengthens Syncordis’ position as a Temenos Global Services Partner and is valid for an unlimited duration.   The…

Bomb explodes at Lucknow court, injures three lawyers

A crude bomb reportedly went off in a Lucknow court compound on Thursday, “injuring” three lawyers in an incident which police said was triggered by rivalry between two groups.   Two live bombs were recovered, police said. But they added that nobody appeared to have seen or heard the blast, which a lawyer claimed, took place outside his chambers.   Police have launched an inquiry. A large number of policemen and a bomb disposal squad were rushed to the site.   Lucknow Bar Association joint secretary Sanjiv Kumar Lodhi claimed…

Crayon Software Joins Hand with CRY to Restore Children’s Rights

To build a strong foundation for future generations, Crayon has joined hands with – Child Rights and You (CRY), the non-governmental organization. Under the umbrella of CRY, Crayon launched a project called ‘Sparsha’ – An initiative that aims to remove hurdles that stand in the way of a child’s right to education. Crayon has adopted Sparsha Center in Sion Koliwada, Mumbai. Crayon will be taking care of quality education of over 100 students from nursery to senior secondary school.   “At Crayon, we sincerely attempt to address serious social concerns in every possible way. With…

ACT Fibernet launches ‘Dilli, Dil Todo’ On Valentine’s Day

ACT Fibernet (Atria Convergence Technologies Ltd.) One of India’s leading ISPs (Internet Service Provider) today announced the launch of a unique ‘Dilli, Dil Todo’ campaign exclusively for the consumers in Delhi. The new campaign aims to break the monotony around Valentine’s Day celebrations and encourage Delhities to break free from connections that are not worth holding on to and discover the possibility of starting something new.    Through this campaign, the company aims to reach out to the consumers in Delhi who are not satisfied with their current internet service provider and…

112-year-old Japanese named world’s oldest living man

Centenarian Japanese man Chitetsu Watanabe has been named as the world’s oldest living man at the age of 112 years and 344 days.   Chitetsu lived in Taiwan for 18 years, where he worked in a sugar cane plantation. He returned to Japan after WWII, and worked as a civil servant till his retirement.   Watanabe served in the military toward the end of the Pacific War in 1944. He then returned to Niigata and worked at an agricultural office until he retired.   Retirement didn’t stop him from being…

Former IndianOil and BPCL Chairman joins RIL

Former IndianOil and BPCL Chairman Sarthak Behuria has joined Reliance Industries Limited (RIL) as senior advisor.   Behuria will provide strategic direction and leadership to the new Reliance and BP joint venture focused on fuel retail business in addition to working closely with the Reliance leadership team on various matters of strategic importance.   Behuria is considered a doyen in the energy sector who became the Chairman of Bharat Petroleum Corporation Limited (BPCL) in July 2002.   He is credited with transforming BPCL’s retail operation by focusing on customer expectations.…

India’s industrial output shrinks in December owing to decline in manufacturing sector

Weighed down by a major decline in the manufacturing sector, India’s industrial output, measured in Index of Industrial Production (IIP), shrunk by 0.3 per cent in December after a rebound of 1.8 per cent in November. The country’s factory production growth contracted in three of the last four months, indicating a persistent structural slowdown in the economy. The latest contraction, however, was much lower than the 4.3 per cent decline in September, which was the steepest fall in the last eight years.   Adding to the woes, India’s retail inflation…

Labour from Kerala wins ₹12-crore lottery

A daily-wage labourer in Kerala who won a ₹12-crore lottery had bought a lottery ticket while he was on his way to a bank for a loan. Porunnan Rajan’s house was on the verge of being repossessed by a bank due to loan default. Rajan said he aims to clear his debt, expand his home and educate his younger daughter.   It was some 20 days ago. Porunnan Rajan, a rubber tapper, was on his way to the bank to avail a fourth loan to repay the three he had…

Man caught for smuggling ₹45L foreign currency inside groundnuts

The Central Industrial Security Force (CISF) at Delhi’s Indira Gandhi International Airport has caught a passenger trying to smuggle Rs 45 lakh worth of international currency.    The passenger, Murad Alam was found to be carrying the currency hidden inside groundnut shells, biscuit packets and other edible items. CISF also see biscuit packets being opened to show hollowed out biscuit pieces with the currency notes placed in the middle. It has been seen biscuit packets being opened to show hollowed out biscuit pieces with the currency notes placed in the middle.   …