Aerodynamics forms an integral part of the structure of a supercar. Seeing how the car can potentially fly off the ground if things aren't done right, decades of research has been done in this field to reduce drag without compromising on traction.Now all this research has made cars faster and more stable, but British design firm -- Gordon Murray Automotive -- has brought us the future of aerodynamics. The new Gordon Murray T.50 will be the company's first production car and its main feature will be a 400 mm fan sitting on the rear bumper.The fan sits right between the aerofoils and the high mounted exhausts and looks more akin to a sci-fi jet thruster than what its real purpose is. As mentioned before, the fan's direct function will be to speed up the air passing from under the car and channel it through active elements in the car's rear diffuser. The air inlets at the bottom are also vertical so no debris is pushed into the fan's blades.Close The fan itself, which was first … [Read more...] about Gordon Murray’s T.50 supercar gets futuristic aerodynamics with a rear-mounted fan
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The CBI carried out searches at 13 places in Mumbai and Lonavala on Thursday after registering a case in a bank loan fraud worth Rs 568.52 crore by P&S Jewellery Limited, officials said.The CBI has booked the company and its directors --Paresh Shah, Sahil Pareh Shah, Viraj Chetan Shah -- and unidentified public servants and others under sections related to criminal conspiracy, cheating, forgery under the Indian Penal Code among others.The agency after filing the case carried out searches at 13 locations in Mumbai and Lonavala at the premises of the directors.Close It is alleged that the company had availed credit facilities worth Rs 578.5 crore from a consortium of eight banks -- Union Bank of India, State Bank of India, Bank of Baroda, Andhra Bank, Vijaya Bank, Central Bank of India, Canara Bank and Syndicate Bank. related news Delhi govt carried out drone survey in unauthorised colony: Union minister IIP growth for October falls 3.8% The company allegedly cheated the … [Read more...] about CBI books Mumbai-based P&S Jewellery for Rs 568-crore fraud, carries out searches at 13 locations
Below is the complete speech delivered by Finance Minister Piyush Goyal on February 1, 2019."Madam Speaker,I rise to present the Interim Budget for the year 2019-20. I am deeply conscious of the absence of Shri Arun Jaitley today. I am sure the House joins me in wishing Shri Jaitley speedy recovery, good health and a long life in the service of the nation.Close Madam Speaker, the people of India gave a strong mandate to our Government. Under the visionary leadership of Hon'ble Prime Minister Shri Narendra Modi, we have given the most decisive, stable and clean Government and have undertaken transformational structural reforms. We have reversed the policy paralysis engulfing the nation and have restored the image of the country. The major achievement of this Government was that we strived our utmost to change the mind-set and ignited the self-confidence of the nation. related news Need feel-good factor to revive consumption: Exide Life CIO Shyamsunder Bhat … [Read more...] about Full text of Finance Minister Piyush Goyal’s 2019 Budget speech
Will it be ‘third time lucky’ for Richard Branson in Mumbai? The founder of British airline Virgin Atlantic surely hopes so. In October, the carrier for the third time in its 20-year history in India, launched services between Mumbai and London.Virgin Atlantic first pulled back from Mumbai in 2008. Four years later, it relaunched with much fanfare only to pull back in 2015. All the while, Virgin Atlantic continued with its Delhi-London flights. The British capital is the busiest long haul destination from India. While giving out hope that there won't be a fourth time, Branson underlined that it was an opportune time for his airline to come back to Mumbai. His colleague Juha Jarvinen, EVP, Commercial, explained: "In the last five years, the market in Mumbai has grown by 25 percent. And, despite Virgin Atlantic launching services, the capacity in the Mumbai-London route is still down 35-40 percent (compared to 2018)." The opportunity has come up after Jet Airways, which … [Read more...] about Mumbai calling for Virgin Atlantic: Will it be ‘third time lucky’ for Richard Branson?
Khyati DharamsiZareena Mistry, a 34-year-old Mumbai-based lawyer and her group of six friends were on their way to their hotel in Paris for a two-day halt before returning to India. That’s when Zareena realised that she had forgotten her bag at the airport.Back at the airport, the missing bag had caused the authorities to panic. Paris was on red-alert at that time; the security personnel assumed that it was a threat. They just blew apart the bag. They didn’t even open it.Close Her woes didn’t end there. related news Insurers can invest in debt ETFs subject to some conditions, says IRDAI Climate change impact: Rising sea levels may impact property prices in coastal areas Life insurers April-November new premiums jump 37.2%; LIC holds the reins She had to spend around 300 Euros (Rs 24,000) the next day in Paris shopping for a new suitcase and clothes. Items and clothes worth Rs 20,000 were in the suitcase that was blown apart. Her total loss: around Rs … [Read more...] about Your travel insurance may not cover many losses while on tour