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Losses in Texas from Hurricane Harvey. This makes Harvey the worlds 9th most expensive natural disaster since 1900.
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Infosys Co-founder N.R. Narayana Murthy (Photo: Nilotpal Baruah)



"I wish Nandan the best of everything in his effort to bring back Acche Din to Infosys."

Infosys Co-founder N.R. Narayana Murthy after Nandan Nilekani took charge as Non-executive Chairman

$58 billion

Losses in Texas from Hurricane Harvey. This makes Harvey the worlds 9th most expensive natural disaster since 1900.

Setback for ISRO, launch unsuccessful

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The launch of India's latest navigation satellite onboard a polar rocket failed following a technical glitch prior to its scheduled orbiting in space. The rare setback for ISRO involving the workhorse rocket, a polar satellite launch vehicle, came shortly after a perfect lift off of the PSLV C-39 from the Satish Dhawan Space Centre.

Saab, Adani to partner for single-engine fighter jets

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Photo: Nilotpal Baruah



Sweden's Saab plans to tie up with the Adani Group to bid for a contract to make fighter aircraft in India, according to a media report. The two will compete with Lockheed Martin. Indias armed forces are looking to acquire single-engine jets that will be produced locally under the Make-in-India initiative.

Uber Narrows Loss

Ride-sharing company Uber's financial performance continues to improve. The company generated $1.75 billion adjusted net revenue in the second quarter, up 17 per cent from the previous quarter. Its losses came down by 9 per cent to $645 million.

Bird Group shows interest in AI ground-handling arm

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Photo: Vivan Mehra



Travel services firm Bird Group has shown interest in buying Air Indias ground-handling subsidiary, which is profitable. It is the second suitor for a part of the government-owned company that is in line to be privatised.

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