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NEC Technology bags order from BSNL to build submarine cable system

NEC Technology bags order from BSNL to build submarine cable system

  • NEC Technology India today said that it bagged an order from BSNL to design, engineer, supply, install, test and implement an optical submarine cable system connecting Chennai and the A&N Islands.
  • NEC Corporation, the parent company of NECTI, will manufacture the optical submarine cable and provide technical assistance during the turnkey implementation.

Blume ties up with US-based firms to launch Arka Venture Labs

Blume ties up with US-based firms to launch Arka Venture Labs

With an aim to support cross-border startups, Blume Ventures has tied up with Emergent Ventures and Benhamou Global Ventures, both based in the United States. The three will jointly launch an accelerator-cum-fund named Arka Venture Labs. Arka Venture Labs will exclusively fund B2B startups in India, with the aim of facilitating global transition and catalyzing growth.
Sensex ends 218 points lower, Nifty settles at 10,936

Sensex ends 218 points lower, Nifty settles at 10,936

The Sensex today ended at 36,323, down 217.86 points. Nifty ended at 10,936, down 82.05 points. About 554 shares advanced, against a decline of 2,042 shares, while 178 shares were unchanged. Infosys, NTPC, and Tech Mahindra are the top gainers, while Tata Steel, Sun Pharma, and Dr Reddy's Laboratories have lost the most. Shares of Jet Airways touched 52-week low.
4 dead in Georgia mine explosion

4 dead in Georgia mine explosion

An explosion took place at a coal mine in western Georgia today. Four miners died and six were injured in the blast. The accident happened at the Mindeli mine in the western city of Tqibuli. "A methane gas explosion at the mine" was to blame, deputy of Tqibuli's city council, David Katamadze, said. A decision has been taken to close the mine pending investigation.
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