Fitbit Races Higher in Healthy IPO Surge

Fitbit, the company known for wearable devices promoting healthy lifestyles, saw its shares surge Thursday following the biggest stock offering this year for the tech sector.Shares in Fitbit vaulted 48 percent to close at $29.68, after the initial public offering at $20 a share raised up to $732 million (roughly Rs. 4,660 crores). The market value for Fitbit was some ... Read More »

Farmers to Get Free SMS Alerts on Extreme Weather Conditions With Nowcast

The government on Thursday launched a free SMS service called ‘Nowcast’ to provide alerts on extreme weather conditions like hailstorm every three hours to over one crore registered farmers on their mobile phones.Besides, a web-portal on crop insurance was also unveiled to create awareness and encourage more farmers to insure their crops taking advantage of existing schemes. The Web portal, ... Read More »

Nasa Joins North Sea Oil Cleanup Training Exercise

Nasa for the first time participated in Norway’s annual oil spill cleanup exercise in the North Sea from June 8 to 11.Scientists flew a specialised Nasa airborne instrument called the Uninhabited Aerial Vehicle Synthetic Aperture Radar (UAVSAR) on Nasa’s C-20A piloted research aircraft to monitor a controlled release of oil into the sea, testing the radar’s ability to distinguish between ... Read More »

Kerala Students to Design CubeSat, NanoSat Satellites

The students and faculty of the Trinity College of Engineering in Thiruvananthapuram have started an innovative initiative – a student satellite project titled Tassat, which they aim to complete by 2018.”With so many of Isro divisions and Vikram Sarabhai Space Centre (VSSC) located here it has become a natural space science city. So, a student satellite programme is the perfect ... Read More »

The Moon Is Engulfed in a Permanent, Lopsided Dust Cloud: Study

The Moon is engulfed in a permanent but lopsided dust cloud made up of tiny dust grains, scientists say.Astronomers said the dust cloud increases in density when annual events like the Geminids meteor shower spew shooting stars. The cloud is made up primarily of tiny dust grains kicked up from the Moon’s surface by the impact of high-speed, interplanetary dust ... Read More »