Industry News

Informatica is Set to Deploy First Generative AI-Powered CLAIRE GPT for Data Management

In an announcement during the annual conference at Informatica World 2023, Informatica LLC, an enterprise cloud data management firm will deploy cutting edge technologies “CLAIRE GPT” an integration between the vendor’s augmented intelligence engine and industry’s first generative AI power capabili

Ibri Industrial City Project Nearing Completion

Oman''s Industrial Parks Public Authority (Madayn) announced that the Ibri Industrial City project in Sultanate is progressing steadily, with more than 80% of the work in the first phase completed.

India’s ONGC Likely to Commence Crude Oil Production in Krishna Godavari basin by June

The state-run energy major Oil and Natural Gas Corp (ONGC) plans to start crude oil production, and further on, gas production in 2024

Jawaharlal Nehru Port Sets Global Record with 24-Hour Turnaround Time for Container Ships

Jawaharlal Nehru Port, India''s largest container port, has set a global benchmark with record turnaround times for its container ships.

Government-backed SJVN Ltd. wins bid for 100 MW wind power project in Gujarat

SJVN Ltd., a joint venture between the Government of India and the Government of Himachal Pradesh, has successfully secured a 100 MW wind power project in Gujarat, India. The project, which is expected to be commissioned by March 2024, is going to be located in the Kutch district of Gujarat.

Lithium Reserves Discovered in Rajasthan

In a major discovery, lithium reserves have been found in Rajasthan, which could significantly boost India''s position in the global electric vehicle market.

Samsung Takes a Stand for Data Privacy: Bans Staff Use of AI Amid Data Leak Concerns

Samsung, the South Korean multinational conglomerate, has banned its employees from using AI (Artificial Intelligence) technology due to concerns over potential data leaks.

Ascend Elements Opens One of the Largest North America’s Electric Vehicle Battery Recycling Plant in Georgia

In order to meet the anticipated demand for recycling a significant number of electric vehicle batteries as the federal government pushes for increased EV production in the United States, Ascend Elements will open its first commercial-scale lithium-ion battery recycling operation in March 2023.

Microsoft Introduces GPT-4 in Azure OpenAI Service

Microsoft acknowledged that GPT-4 is now preview-ready in Azure OpenAI Services in March 2023.

Glüxkind Unveiled Smart Stroller ‘Ella’ at CES 2023

Glüxkind is a Canadian baby technology startup founded in 2020 by Anne Hunger and Kevin Huang.

US-FDA approves World’s First Respiratory Syncytial Virus (RSV) Vaccine

The approval of Arexvy manufactured by GlaxoSmithKline, plc. is a public health achievement.

PPG Completes USD15 million Brown Field Expansion in Brazil, Indiana

To cater to the increasing customer demand for sustainable coating solutions PPG announced completion of expansion of its powder coatings production facility in Brazil, Indiana

NGS-Based In-Vitro Diagnostic Device, xT CDx gets FDA Approval

Tempus Labs, Inc. receives its first premarket approval from the FDA for xT CDx

Nokia is Set to Deploy First 4G Communication System on the Moon with NASA

Later this year, Nokia will introduce cutting edge technologies on the moon by deploying 4G/LTE internet services which aim to transform communications systems on the lunar surface by carrying reliable, high rates while covering power, size and cost. NASA has partnership with Nokia as a part of “NA

India Emerges as Europe''s Largest Supplier of Refined Fuels

India has made significant strides in the global oil and gas industry in recent years, emerging as a major player in the field. A notable accomplishment for the country is its status as Europe''s largest supplier of refined fuels, surpassing Russia in this regard. This achievement is a direct resul

ible Airvida T1 Ionic Personal Air Purifier Launch at CES 2023

The Airvida T1 person air purifier and noise-canceling headphones from ible Technology were unveiled at CES 2023, elevating the art of air purification. This personal air purifier assists an individual in easy breathing when an individual has encountered a sinus-clogging wall of pollen and other ai

Himachal Pradesh Government Announces an Increase in Water Cess to Fund Water Conservation & Management Initiatives

The government of Himachal Pradesh has recently announced an increase in the Water Cess, which is imposed on the use of water for various purposes within the state under the Himachal Pradesh Water (Prevention and Control of Pollution) Act, 1974.

Indian Government Approves Largest Ever USD 3.9 billion Hydropower Project Bordering China

National Hydroelectric Power Corporation (NHPC) gets approval from the Indian government for the largest ever hydropower project – Dibang Multipurpose Project (MPP) in Arunachal Pradesh near China border as the country pursues to foster renewable generation to meet awakening power demand.

Master Data Management Market is expected to Grow with a CAGR of 8.34 % through 2029

Rise in number of data management tools and government rules & regulations are the major factors driving the Global Master Data Management Market throughout the forecast period.

India gets its Medical Device Policy

The new National Medical Device Policy which will help India become self-sufficient in MedTech Market