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Prime Minister Narendra Modi on Monday greeted techies on the occasion of Engineers' Day, and said they will continue to play a crucial role in the collective efforts to build a "Viksit Bharat". The day is observed as a tribute to engineers' contribution and also to commemorate the birth anniversary of M Visvesvaraya, a noted civil engineer and administrator. Modi said on X, "Today, on Engineers' Day, I pay homage to Sir M. Visvesvaraya, whose brilliance left an indelible mark on India's engineering landscape. I extend warm greetings to all engineers who, through their creativity and determination, continue to drive innovation and tackle tough challenges across sectors." "Our engineers will continue playing a crucial role in the collective efforts to build a Viksit Bharat," He added.
The Air India's Maintenance, Repair and Overhaul facility being built in Bengaluru is not only expected to generate over 1,200 new job opportunities for skilled aviation engineers in India, but it will also create seven times more indirect jobs for the local population, said Air India CEO and managing director Campbell Wilson on Wednesday. The ground-breaking ceremony for the MRO facility on a 35-acre land parcel at the Bangalore International Airport was held this morning. Gunjan Krishna, Commissioner for Industrial Development & Director, Department of Industries & Commerce, Government of Karnataka, Hari Marar, Managing Director and CEO of Bangalore International Airport Limited (BIAL), Chin Yau Seng, CEO, SIA Engineering Company as well as the senior leadership team of Air India, including Wilson participated. Earlier this year, Air India signed a Memorandum of Understanding with the Karnataka government to establish the MRO facility in Bengaluru. "Studies have found that ..
A 27-year old Indian-origin engineer at a crypto asset trading platform has pleaded guilty to charges of commodities fraud. Nishad Singh was the former co-lead engineer of FTX Trading Ltd. He is facing federal charges for his role in a multiyear scheme to defraud equity investors in FTX, the crypto trading platform started by Singh along with Samuel Bankman-Fried and Gary Wang. In December last year, federal authorities had charged Bankman-Fried with orchestrating a scheme to defraud equity investors in FTX. The Securities and Exchange Commission charged Singh Tuesday. In a parallel action, the US Attorney's Office for the Southern District of New York and the Commodity Futures Trading Commission (CFTC) also announced charges against Singh. Singh entered a guilty plea as to commodities fraud and other charges in the separate, parallel action against him in the Southern District of New York. According to the SEC's complaint, Singh created a software code that allowed FTX customer f
Prime Minister Narendra Modi on Thursday greeted people on Engineer's Day and said India is blessed to have a skilled and talented pool of engineers contributing to nation building. Engineer's Day is observed to mark the birth anniversary of engineer statesman M Visvesvaraya, a diwan of erstwhile Mysore kingdom, who is credited with pioneering engineering works. Modi tweeted, "Greetings to all engineers on Engineers Day. Our nation is blessed to have a skilled and talented pool of engineers who are contributing to nation building. Our Government is working to enhance infrastructure for studying engineering including building more engineering colleges." "On Engineers Day, we remember the pathbreaking contribution of Sir M. Visvesvaraya. May he keep inspiring generations of future engineers to distinguish themselves," he added. Modi also posted a snippet from one of his Mann Ki Baat broadcasts where he talked about the subject.