Digpu News

Ahmedabad (Gujarat) [India], Oct 22: Adani Green Energy Ltd (AGEL) has commissioned 50 megawatt of wind energy generation capacity in Kutch district of Gujarat. The company has a power purchase agreement with the Solar Energy Corporation of India for 25 years. AGEL is implementing 725 MW of wind projects in the region. “We plan to commission further 225 MW wind capacity in the area by the second half of 2020 for which the evacuation infrastructure is already in place,” the company said in a statement. The evacuation infrastructure connects the plant end-pooling sub-station (Ratadia PSS) of the wind projects to the Bhuj pool sub-station of Power Grid Corporation of India Ltd at 220 kilovolt level through 59 km double circuit transmission lines. While the Ratadia PSS has been partially charged to the extent of 300 MW evacuation capacity, the balance will be charged in sync with planned commissioning schedule of projects over the next 15 months, AGEL said. With this, 2.42 gove

The results of Bajaj Finance include results of its wholly-owned subsidiaries Bajaj Housing Finance and Bajaj Financial Securities. Mumbai (Maharashtra) [India], Oct 22 : Finance said on Tuesday that its consolidated profit after tax jumped 63 per cent to Rs 1,506 crore during the July to September quarter from Rs 923 crore in the same period of the previous year. Net interest income of the country’s largest consumer durable lender was up by 48 per cent to Rs 3,999 crore from Rs 2,708 crore in Q2 FY19. The results are significant as the country’s economic growth has been hit by a dramatic consumption slowdown, which has dampened demand for consumer durables. Bajaj Finance said its assets under management as of September 30 grew by 38 per cent to Rs 1.35 lakh crore from Rs 98,013 crore as of September 30 last year. At the same time, total operating expenses to net interest income for Q2 FY20 was 34.6 per cent against 35.4 per cent in Q2 FY19. Gross non-performing assets

Mumbai (Maharashtra) [India], Oct 22, 2019 — Equity indices were in the red during early hours on Tuesday amid mixed global cues but software major Infosys plunged by nearly 13 per cent after a whistleblower complaint accused senior company officials of indulging in unethical practices. At 10:15 am, the BSE S&P Sensex was down by 77 points at 39,222 while the Nifty 50 edged lower higher by 1 point to 11,660. Sectoral indices at the National Stock Exchange were mixed with Nifty IT down by 3.3 per cent and realty by 0.17 per cent. But Nifty pharma was up by 1.27 per cent and FMCG by 0.92 per cent. Among stocks, Infosys was the top loser at Rs 667.85 per share — down by 13.02 per cent — a day after an anonymous group calling itself ‘ethical employees’ alleged in a letter to the board of Infosys and the US Securities and Exchange Commission (SEC) that the company is taking unethical steps to boost short-term revenue and profits. Tata Motors lost by 3.6 per cent while HC

The event was also attended by the CEO of American multinational conglomerate Alphabet Inc., Larry Page. New Delhi [India], Oct 22, 2019: The former chief executive officer (CEO) of American tech giant Google, Eric Schmidt, on Monday said that he would love to see Indian built application being used in America. “I would love to see Indian built applications being used in America. I would love to see an Indian built data system for the world. That would be the biggest win,” Schmidt said during an event held here while talking about his expectations from the US-India relations. Expressing optimism over the ties between the two countries, Schmidts said, “My aspiration is to see the connection between the US and India as seamless partners. There is definitely potential to achieve that in the next five-eight years. The question is how we will achieve it.” The event was also attended by the CEO of American multinational conglomerate Alphabet Inc., Larry Page. “The tools needed

The Microfinance Institutions Network (MFIN) bond transaction marks the first international bond by an Indian non-banking finance company to debut in 144A/Reg S market, allowing it to tap the US investor base in addition to Asia and Europe. Kochi (Kerala) [India], Oct 22, 2019 : Muthoot Finance Ltd, the largest gold loan company in India, has raised 450 million dollars by selling foreign currency bonds to international investors in its maiden issue of such an instrument. The company plans to use proceeds for both refinancing and other business purposes. The initiative is in accordance with the Reserve Bank of India’s external commercial borrowing guidelines and other applicable laws. The Microfinance Institutions Network (MFIN) bond transaction marks the first international bond by an Indian non-banking finance company to debut in 144A/Reg S market, allowing it to tap the US investor base in addition to Asia and Europe, Muthoot Finance said in a statement. The company eng

West Bengal, India, Oct 11, 2019 — Innovative technologies have always been a norm for empowering new and old businesses. In this competitive era, it has been seen that the revenue generation of a company is directly proportional to the development done in the field of technology. Studies have shown that digital marketing industry is changing and evolving at a rapid scale. Based on a study, it has been found that 76% of digital marketing success can be obtained from search engine optimization alone. With that being said, people from all around the planet are working immensely hard for getting the right amount of search optimization done for their online inventory or websites. The harsh reality is that this is increasing the competitiveness of the industry at a much greater scale. To cope up with the increasing demand for SEO and the competitiveness all around, search engines such as Google, Bing, and etc. are taking initiatives to rank websites based on much more efficient ra

Ethical Hacker Remesh Ramachandran Shares His Thoughts on Hacking Cybercrime and its expensive consequences has been forecasted to surpass over $2 trillion by this year end. When faced with this looking threat, firms have explored a combination of conventional and unconventional methods to combat the threat to their organisation. One of the unconventional approaches include leveraging on the expertise of ethical or white hat hackers. White hat hackers are not the typical villains typing code in green font on black monitors as movies made us believe. Ethical hackers are individuals that have expertise in hacking, but do so with the permission of the organisation engaging their services. In simple, ethical hackers help firms identify weaknesses and vulnerabilities in their digital systems, as opposed to taking advantage of weaknesses for personal gain. “White hat hackers are more like expert penetration testers who test for security vulnerabilities in an information system by r