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Showing posts from July, 2020

Tamil Nadu emerges as top Investment Destination

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India is believed to be one of the potential investment destinations among global investors despite many hurdles like political uncertainty, shortage of power supplies, etc. At present, the country has a promising potential in terms of growth and diversification possibilities and offers high growth potential practically in all areas of business. But in 2020, India saw its lowest in 5 years in fresh investments due to the extended pandemic-included lockdown. India accounted for a total of  Rs 97,859cr fresh investments in the first quarter of  FY 21, out of which Tamil Nadu, constituted about 18.75% 17 MoUs The Tamil Nadu government had signed 17 MoUs (memorandums of understanding) with investors on May 27, 2020, which gave a ₹18,236 crore fillip to its investment pipeline in the quarter between April and June. While private sector investments, on the whole, collapsed to just 39.1% of total investments in the quarter, a ratio last seen in the first a quarter of 2013-14, Tamil Nadu attra

The Billion Dollar Mistake by Yahoo

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Yahoo is an American web services provider headquartered in Sunnyvale, California founded by Jerry Yang and David Filo in January 1994 and was incorporated on March 2, 1995. Yahoo was one of the pioneers of the early Internet era in the 1990s. It provides or provided a The web portal, search engine Yahoo! Search, and related services, including Yahoo! Directory, Yahoo! Mail, and its social media website. It was one of the most popular sites in the United States. Once one of the largest Internet companies, Yahoo slowly declined to start in the late 2000s and despite its decline from prominence, Yahoo domain websites are still among the most popular. Everyone does mistakes so did yahoo but few grave ones which killed it What Killed Yahoo ?? 1] Refusing to buy Google In 1998, Larry Page and Sergei Brin approached Yahoo when it was at the peak to buy Google for only $1M as both of them wanted to concentrate on their higher education but then Yahoo turned down the offer as it wanted its use

Boom Technology's Supersonic Jet ready for test flight

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XB-1, which is believed to boast a top speed of Mach 2.2 – almost 1,700mph, will only have room for one pilot – an experienced US Air Force recruit. It will reportedly go through testing at California's Mojave Air and Space Port in 2021 A new supersonic jet prototype, Concorde's purported successor XB-1 prototype, will be unveiled to the public on October 7, said a report published in express.co.uk. The industry insiders reportedly believe that the cutting-edge tech could pave the way for a return to ultra-fast supersonic air travel. The jet's designers Boom Technology have announced that the XB-1 prototype will undergo testing in the coming months and if successful, it will pave the way for the Boom Overture – a proposed passenger jet with 55 seats, said the report.