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Electric flying taxi startup, The ePlane Company on Tuesday said the Directorate General of Civil Aviation (DGCA) it has granted the Design Organisation Approval (DOA). The Indian Institute of Technology Madras (IITM) incubated company is developing Electric Vertical Takeoff and Landing (e VTOL)aircraft. The DOA is a crucial first step in the aircraft certification process, and it paves the way for The ePlane Company to begin commercial production of its e200 eVTOL aircraft. "We...
DGCA grants Design Organisation Approval to The ePlane Company startup
Researchers at the Indian Institute of Technology (IIT) Madras have developed a Machine Learning (ML)-based computational tool for better detection of cancer-causing tumours in the brain and spinal cord. Glioblastoma is a fast and aggressively growing tumour in the brain and spinal cord. Although there has been research undertaken to understand this tumour, therapeutic options remain limited with an expected survival rate of less than two years from the initial diagnosis. The tool ca...
New ML tool by IIT Madras team to detect brain, spinal cord tumour
Tube Investments of India is currently trading at Rs.2550.00, up by 54.30 points or 2.18% from its previous closing of Rs. 2495.70 on the BSE. The scrip opened at Rs. 2510.90 and has touched a high and low of Rs. 2562.75 and Rs. 2510.90 respectively. So far 1403 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 3046.25 on 20-Dec-2022 and a 52 week low of Rs. 1440.00 on 09-Mar-2022. Last one week high and low of th...
Tube Investments of India moves higher on acquiring equity shares of X2Fuels and Energy
The Indian Institute of Technology, Madras (IIT-M) will receive Rs 242 crore as research grant for research and development of lab grown diamonds (LGDs), the institute said on Thursday. The research will be focused on driving indigenisation of the LGD manufacturing process. Presenting the Budget 2023-24 in the Parliament on Wednesday, Finance Minister Nirmala Sitharaman, said: "The LGD is a technology and innovation-driven emerging sector with high employment potential." &q...
IIT Madras to get Rs 242cr for lab grown diamonds R&D
The Cochin Shipyard Ltd (CSL) on Sunday announced that it will join hands with the Indian Institute of Technology (IIT) Madras to support startups in the maritime sector. The CSL, in a statement, said that this programme will help young talented entrepreneurs to develop products or services with financial support from the shipyard. This is part of the startup engagement programme 'USHUS' launched by the CSL to support the Centre's initiative in supporting maritime startups. ...
Cochin Shipyard, IIT-Madras to support maritime startups
As India embarks on its Techade journey, the government aims to build capabilities in quantum and high performance computing with the help from industry leaders like IBM, Minister of State for Electronics and IT Rajeev Chandrasekhar said on Wednesday. Addressing the IBM's flagship 'Think' conference virtually, he said that quantum technology is a very important piece of India's tech journey. "Quantum is, notwithstanding the usual marketing hype that always accompani...
India aims to leapfrog in quantum technology with industry's help: Minister
A robot developed by the Indian Institute of Technology (IIT) Madras to help eliminate manual scavenging in India, is all set for field deployment, the institute said on Thursday. Ten units of the robot named 'HomoSEP' will be first deployed across Tamil Nadu, and later in Gujarat and Maharashtra. "The septic tank is a poisonous environment, filled with semi-solid and semi-fluid human faecal material that make up about two-thirds of the tank. Hundreds of deaths are reported...
IIT Madras to deploy robot developed to clean septic tanks in Tamil Nadu
Researchers at the Indian Institute of Technology (IIT), Madras have suggested environmental regulations to increase energy efficiency in the manufacturing sector. The suggestion is after a research carried out in collaboration with international scientists using the data for 15 years from 2000 to 2015. The study report suggested the need for a green domestic policy along with Foreign direct investment for improving energy efficiency in the manufacturing sector. The study emphasised the...
IIT Madras research paper suggests environmental regulations for energy efficiency
Defence and aerospace electronics major Data Patterns (India) Ltd has become a member of the consortium of space sector companies incubated by the Indian Institute of Technology Madras (IITM), said officials. The idea is to provide an end-to-end solution -- starting from satellite manufacturing, putting it into orbit and satellite data analysis by the consortium, the officials added. "Data Patterns will also work with the consortium of space sector companies incubated by IITM so th...
Data Patterns joins IIT Madras space startup consortium
Madras High Court dismisses SpiceJet's appeal against winding up order
Madras High Court dismisses SpiceJet`s appeal against winding up order
In a first of its kind study, researchers at the Indian Institute of Technology, Madras (IITM), are studying the impact of algorithmic traders (ATs) on the stock market. They also said a selective regulation of Proprietary Algorithmic Traders' (PAT) strategies is necessary. The research focused on processes that happen when computer programmes predict market order flow and take over the trading process, said IITM. The researchers in their ongoing study will investigate the impact...
Selective regulation of Proprietary Algorithmic Traders' strategies needed: IITM study
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