Tuesday, August 20, 2019

US economists expect recession in the next 2 years

  • The survey came out after Donald Trump pushed back against talk of a looming recession as a raft of US data reports last week showed a mixed picture on the economy
  • The survey showed 38% economists expect a contraction of growth next year, while 34% don't see it until the following year

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HCL signs MoU with MADC to expand its Nagpur campus

IT services major to add 90 acres to its 50-acre MIHAN campus

HCL Technologies (HCL) has signed a memorandum of understanding (MoU) with the Maharashtra Airport Development Company (MADC) for expansion of its campus at the Multi-Model International Passenger and Cargo Hub Airport at Nagpur (MIHAN), in line with its plan for Tier-II cities.
As part of the MoU, HCL will acquire 90 acres of land to add to its existing 50-acre MIHAN campus.
HCL started its business operations in Nagpur in April 2018 and already has more than 800 employees servicing global accounts. The MIHAN centre delivers a spectrum of services, including infrastructure management, application development, product engineering, BPO, IT services management and HCL’s internal enabling functions. The campus, when fully operational, will employ over 8,000 personnel, an HCL statement said.
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Digitising Bharat on agenda at ET Startup Awards 2019

Top industry leaders to deliberate on 'Building Digital Businesses for Bharat' at panel discussion
Digitising Bharat on agenda at ET Startup Awards 2019

To read the full article, please visit:
https://tech.economictimes.indiatimes.com/news/startups/et-startup-awards-2019-a-high-powered-panel-to-deliberate-on-building-digital-biz-for-bharat/70746026 (Accessed on August 20, 2019)

UGC releases fake universities list running in India

The eight educational institutions from Uttar Pradesh are labelled as fake, while seven are from Delhi. Every year, UGC releases a list of fake universities ahead of the college admissions


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UGC recognises 113 HEIs for ODL

Now, there is a price for engineering internships in Bengaluru

Many have alleged that college managements are asking students to cough up a ‘fee’ for getting internships in companies.

The All-India Council for Technical Education (AICTE) made internships mandatory recently. While students have welcomed the move, many have alleged that college managements are asking them to cough up a ‘fee’ for getting internships in companies.
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NASA's Hubble Space Telescope Captures Two Galaxies Interacting, Distorting

NASA's Hubble Space Telescope has captured two luminescent galaxies at play. Catalogued as the UGC 2369, the galactic duo has been caught in an interaction resulting from the mutual gravitational attraction between them. Galaxies interacting is not uncommon, but two similarly sized ones merging is a momentous event - the image shows the galaxies distorting as they pulled closer and closer together. A thin bridge of gas, dust, and stars connecting the duo can be observed. The bridge was developed when the galaxies pulled their material out into space across the diminishing divide between them.

To read the full article, please visit:
https://gadgets.ndtv.com/science/news/nasa-hubble-space-telescope-ugc-2369-galaxies-at-play-esa-2086503 (Accessed on August 20, 2019)

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