TopNews

Mahindra Aerospace of the $6.3-billion utility vehicle manufacturer Mahindra Group will become the first Indian private firm to make smaller civil aircraft for the Indian general aviation market, which is ready to flourish this decade. Mahindra Board Member Hemant Luthra said, "We will manufacture the turboprop aircraft in 2-20 seat capacity at our recently acquired Gippsland Aeronautics (GA) in Victoria State of Australia and market them in India."

Well known TV actor Swapnil Joshi has compared his new serial "Papad Pol - Shahabuddin Rathod Ki Rangeen Duniya" with blockbuster movie "3 Idiots".

He also said that his new show will make the viewers laugh and cry simultaneously just like the Aamir-Bebo starrer.

Joshi plays the main character in the serial, which will hit TV screen on June 28.

The scrip of Reliance Communications Ltd (RCom) was trading with healthy gains in noon, after rising dramatically during the morning on the week-end news of its $11-billion telcom tower agreement with GTL Infra.

The company's shares remained up by 4.36% at Rs. 200.90, around 1.30 p. m., as against its last closure at Rs 192.50. The scrip had shot up soon after opening bell to Rs 204.75.

Country's biggest private sector company, Reliance Industries (RIL), announced that it has made its seventh oil discovery at a site in Cambay basin, off the Gujarat coast.

In a declaration, RIL stated that it had informed the administration as well as the directorate general of hydrocarbons regarding the discovery, named Dhirubhai-50.

"The potential commercial interest of the discovery is being ascertained through additional data gathering and analysis," the company said in a statement to the Bombay Stock Exchange (BSE).

Physicists are trying to explain that although the introduction of high-temperature superconductors almost two decades ago raised hopes of the development of ultra-efficient magnetic trains and other new technologies, but this didn't exactly happen.

Peter Hirschfeld, a University of Florida professor of physics, and five other researchers for the first time, in a paper appearing in the online edition of Nature Physics, describe precisely how the atomic-level structural elements of high-temperature ceramic superconductors serve to impede electrical current.

Scientists have confirmed that Homo floresiensis, dubbed the ''hobbit'', who inhabited the Indonesian island of Flores some 13,000 years ago were not malformed humans.

According to the reports, when the remains of a tiny, 18,000-year-old female were uncovered in 2003 scientists thought they belonged to a unique species of hominin.

Then in 2008, Peter Obendorf of RMIT University in Melbourne, Australia, claimed the remains were of a modern human with cretinism, a disease caused by iodine deficiency.