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Wipro acquires Australia-based cyber security provider Ampion - Vimarsana News

Wipro acquires Australia-based cyber security provider Ampion

Firms/companies > W > Wipro Wipro acquires Australia-based cyber security provider Ampion 05 April 2021 Wipro Limited, India’s third-largest software, consulting and business process services company, today announced the signing of an agreement to acquire Ampion, an Australia-based provider of cyber security, DevOps and quality engineering services. Ampion was formed through the merger of IT services providers ‘Revolution IT’ and ‘Shelde’, both based in Australia. Revolution IT was an IT services company founded in 2004 and Shelde was a digital IT security company founded in 2010. T...

Russia to expand defence co-operation with India - Vimarsana News

Russia to expand defence co-operation with India

07 April 2021 India and Russia have decided to expand their military cooperation with additional production of Russian military equipment in India under Prime Minister Narendra Modi’s `Make-in-India’ programme, visiting Russian foreign minister Sergei Lavrov said after meeting his counterpart S Jaishankar in New Delhi on Tuesday. The two countries also decided to pursue bilateral cooperation despite dissuations caused by regional and global developments. Moscow and New Delhi also reassured themselves that neither threats of sanctions from the United States nor military threat posed by Chi...

Govt incentivises production of high efficiency solar PV modules - Vimarsana News

Govt incentivises production of high efficiency solar PV modules

Industry > Industry monitor > Power 08 April 2021 The union cabinet on Wednesday approved production linked incentive scheme for achieving manufacturing capacity of Giga Watt (GW) scale in high efficiency solar photo voltaic (PV) modules, with an outlay of Rs4,500 crore. The cabinet, chaired by Prime Minister Narendra Modi, approved the ministry of new and renewable energy's proposal for implementation of the 'National Programme on High Efficiency Solar PV Modules'. Solar capacity addition at present depends largely n imported solar PV cells and modules as the domestic manufacturing industry ...

Mumbai to get 12 new water taxi routes, ROPAX services on 4 routes - Vimarsana News

Mumbai to get 12 new water taxi routes, ROPAX services on 4 routes

Industry > Industry monitor > Shipping 08 April 2021 Mansukh Mandaviya, Minister of State (I/C) for Ports, Shipping and Waterways, chaired a meeting to review the Urban Water Transportation projects for Mumbai, Maharashtra. Senior Officials of the Ministry, Chairperson of Mumbai Port and officials of Maharashtra Maritime Board and other stakeholders were present in the meeting. The ministry of shipping and waterways has proposed the operationalisation of 4 new routes for ROPAX ferry services and 12 new routes of water taxis by December 2021, in order to promote eco-friendly waterways transpor...

President promulgates amended Insolvency and Bankruptcy Code for MSMEs - Vimarsana News

President promulgates amended Insolvency and Bankruptcy Code for MSMEs

Economy > Government policies 08 April 2021 The President on Sunday promulgated the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2021, giving effect to the cabinet approval for amendments in the Insolvency and Bankruptcy Code, 2016 (Code), through an ordinance. The amendments aim to provide an efficient alternative insolvency resolution framework for corporate persons classified as micro, small and medium enterprises (MSMEs) under the Code, for ensuring quicker, cost-effective and value maximising outcomes for all the stakeholders, in a manner which is least disruptive to the continu...