Google in talks to buy mobile-payments company Softcard
(i) Google Inc is in talks to buy mobile-payments company Softcard, TechCrunch reported on Friday.
The deal could help pair Google with the largest U.S. wireless carriers to battle Apple Inc and its new
(ii) Apple Pay service, TechCrunch said.
(iii) The deal may be valued below $100 million, the report said citing sources.
(iv) Softcard is jointly owned by AT&T Inc, Verizon Communication Inc's Verizon Wireless Inc and T-Mobile US Inc.
(i) Odisha's Rail Coordination Commissioner Sanjay Mohapatra said, the state would be the first in the country to accept the Railway ministry proposal.
(ii) Union Railway Minister Suresh Prabhu had in a letter to the state governments asked them to come forward for setting up SPVs for jointly developing railway projects.
(iii) As per the proposal of the Railway ministry, the state government would have 51 per cent share in the SPV whereas the Centre would invest for the rest in it.
IAF gets first light combat aircraft
(i) Thirty—two years after the project was sanctioned, the first indigenously—built Tejas Light Combat Aircraft (LCA) was handed over by Defence Minister Manohar Parrikar to the IAF on Saturday, a red letter day for the Indian defence and aerospace sector.
(ii) The handover signals the start of a process of induction of the fighters being built at home under a project which has already cost the exchequer nearly Rs. 8,000 crore.
(iii) The entire project by the DRDO and Hindustan Aeronautics Limited is estimated to cost over Rs. 30,000 crore.
Sania Mirza wins Sydney Open title with Bethanie
(i) India's Sania Mirza won her first title of the season and 23rd of her career when she and Bethanie Mattek-Sands shocked top-seeded Americans Abigail Spears and Raquel Kops-Jones in the summit clash of the Sydney International.
(ii) The unseeded Indo-American combine humbled the top seeds 6-3, 6-3 in just 69 minutes.
(iii) Sania and Bethanie earned 470 ranking points each and split $39,000 as prize money.
Tamilmani likely to be interim DRDO chief
(i) K. Tamilmani, Chief Controller of Aeronautics Cluster in the Defence Research and Development Organisation (DRDO), is likely to become the interim head of the organisation, succeeding Avinash Chander, who was asked to step down after the government suddenly ended his contractual term.
(ii) Dr. Tamilmani, the senior-most of the seven cluster heads in the DRDO, is the Director of the Centre for Military Airworthiness and Certification (CEMILAC), Bangalore.
0 comments:
Post a Comment