ISRO’s world record satellite launch

The Indian Space Research Organisation (ISRO) broke the world record when it launched 104 satellites onboard on single rocket  from the Satish Dhawan Space Centre in Sriharikota, Andhra Pradesh. The satellites were launched by ISRO’s Polar Satellite Launch Vehicle, earlier used in the ambitious Mars Orbiter Mission. This is first of its kind to launch…

Peugeot in talks about buying Opel

PSA Group, make of Peugeot, DS and Citroen cars, is in talks about taking over General Motors’ (GM) loss-making European business Opel. France’s PSA group already works with GM in Europe on several projects, said any deal would involve Opel’s UK arm Vauxhall, which employs 4, 500 staff at plants at Ellesmere Port and Luton.…

Joe Root named as the England’s new Test captain

Joe Root 26-year-old Yorkshire batsman has been named as England’s new Test captain. He succeeds Alastair Cook who resigned last weeks after over four years in charge. Root has scored 4, 594 runs since he made his debut in December 2012. In the same time only Indian Captain Virat Kohli has scored more run than…

Rolls-Royce reported £4.5bn loss

Rolls-Royce, the engineering giant and jet engine maker reported a loss before tax of £4.5bn for 2016. Rolls-Royce has agreed to pay £671m to settle corruption and bribery cases with the UK, the US and Brazilian authorities and it has written off £4.4bn from currency related contracts As aerospace deals are done in dollars the…

Women rules the technological world

Top six women in the technological world.  1. Sheryl Sandberg, Facebook CEO. Sheryl Sandberg is the first woman to be among on the board of directors of Facebook as Chief Operational Officer. She had previously worked at Google and also served as the Chief of Staff at United States Secretary for Treasury. She is also the…

Ambassador brand sold for £800k

The iconic brand Ambassador, owned by CK Birla Group, has been sold to European Auto Peugeot for £0.8m  (Rs 80 crore). The manufacturing of Ambassador cars has been discontinued. “Hindustan Motors has executed an agreement with Peugeot SA for the sale of the Ambassador brand, including the trademarks, for a consideration of Rs 80 crore.…

La La Land Wins five BAFTAs

Outstanding British film American Honey Denial Fantastic Beasts and Where to Find Them WINNER: I, Daniel Blake Notes on Blindness Under the Shadow EE Rising Star award Anya Taylor-Joy Laia Costa Lucas Hedges Ruth Negga WINNER: Tom Holland Best make up & hair Doctor Strange WINNER: Florence Foster Jenkins Hacksaw Ridge Nocturnal Animals Rogue One:…

Facebook crosses 1.8bn users globally

Facebook has become the leading source of news for many of its 1.8bn users globally. According to PEW research centre survey on digital news habits found that one in 10 respondents who clicked on a link to a news story identified Facebook as a news outlet when asked to cite the source of the story…

Facebook’s London HQ sold for £435m

Westland property company Great Portland Estates has sold Facebook’s London headquarters for £435m. The freehold of Rathbone Square. Great Portlands largest development project has been sold to Deka and real estate investment trust, West Invest Gesellschaft , a company owned by German investment group. Rathbone Square is a 420, 000 sq ft development in the Fitzrovia…