AMD has announced immediate worldwide pre-order availability from over 80 global etailers and system integrators for the highly anticipated flagship 2nd Gen AMD Ryzen Threadripper desktop processor. Breaking the world-record Cinebench R15 multi-threaded CPU test with the highest benchmark scores in the single-socket desktop processor category, the 32-core, 64-thread 2nd Gen AMD Ryzen Threadripper 2990WX is designed for professional content creators, developers, and PC enthusiasts. The 2nd Gen line-up features four total processor models coming to market in 2018, all of which are built on the 12nm “Zen+” core architecture, include the unique 2nd Gen AMD Ryzen processor feature set, and are compatible with existing and new X399 motherboards. With the 2nd Gen AMD Ryzen Threadripper 2990WX and 2970WX processors, AMD adds the new Ryzen Threadripper WX Series above the existing Ryzen Threadripper X Series processors, meeting creators’ demands for the ultimate desktop computing power for the most intense workloads.
“We created a new standard for the HEDT market when we launched our first Ryzen Threadripper processors a year ago, delivering a ground-breaking level of computing power for the world’s most demanding PC users,” said Jim Anderson, senior vice president and general manager, Computing and Graphics Business Group, AMD. “Our goal with 2nd Gen Ryzen Threadripper processors was to push the performance boundaries even further and continue innovating at the bleeding edge. Beginning on August 13, creators, enthusiasts, and gamers everywhere will get to experience the benefits of these new products.”
During an event in front of global press, industry analysts, and partners last month, 2nd Gen Ryzen Threadripper 2990WX processors were put through their paces and have already broken world records in the Cinebench R15 multi-threaded CPU test. The AMD Ryzen Overclocking Team managed to push the 2nd Gen AMD Ryzen Threadripper 2990WX CPU to over 5.1GHz on liquid nitrogen, achieving record breaking performance with a score of 7,618, beating the current single socket record set by the competition’s Core i9-7980XE CPU at 5,828 points. The freely available Ryzen Master Software utility gives broad control of CPU settings allowing users to squeeze every drop of performance from their CPU.
Ecosystem Readiness
All 2nd Gen AMD Ryzen Threadripper processors support the SocketTR4 platform, sporting sixty-four PCIe Gen 3.0 lanes, and quad channel DDR4 memory with ECC support. All 2nd Gen AMD Ryzen Threadripper CPUs are supported by a full ecosystem of new and existing X399 platforms at launch, with designs already available from top motherboard manufacturers including ASRock, ASUS, Gigabyte, and MSI. Along with the broad selection of motherboards, the SocketTR4 platform supports a wide range of new and existing cooling solutions, including the new Wraith Ripper air-cooler showcased at Computex 2018. This cooler is now available from CoolerMaster and features compatibility with the SocketTR4 platform and all 1st Gen and 2nd Gen Ryzen Threadripper processors.
Availability
For customers eagerly waiting for 2nd Gen Ryzen Threadripper desktop processors, etailers around the world are primed to begin taking pre-orders beginning Monday, Aug. 6, 2018, for the 32-core, 64-thread AMD Ryzen Threadripper 2990WX. A complete list of participating retailers and launch information can be found on www.AMD.com. The 16-core, 32-thread AMD Ryzen Threadripper 2950X CPU is expected to launch on Aug.31, 2018 and the AMD Ryzen Threadripper 2970WX and 2920X models are slated for launch in October 2018.
Tata Motors’ one of India’s leading automobile companies, recently released its FY 2017-18 Corporate Social Responsibility Report, highlighting its commitment to United Nations Sustainable Development Goals (SDG). Tata Motors have already addressed fifteen of the seventeen SDGs, and have demonstrated remarkable progress with some of their latest achievement being the nutrition initiatives undertaken at Jamshedpur, earning them the ‘Industry Champion’ award (instituted jointly by the Government of Jharkhand and UNICEF).
The Company has made conscious efforts to involve and promote SC/ST communities through their affirmative action programme called ‘Aadhar’. Around 40% of their CSR efforts are earmarked towards Aadhar initiatives. Currently, Tata Motors have over 6000 SC/ST employees as a part of their workforce and around 34% of the apprentices/trainees belong to the SC/ST Communities.
Recapping the year gone by Guenter Butschek, MD & CEO, Tata Motors said, “The name ‘Tata’ is an inspiration for all of us, resonating our extraordinary commitment to the larger community. Tata Motors works with the philosophy of ‘More from Less for More’ which implies striving to achieve scale by judicious utilization of resources, to achieve greater impact. The company adopts human lifecycle approach by offering age continuum CSR programs, which are horizontally linked to each other. CSR is not just a statement but an integral part of our DNA. It feels proud to lead an organization where people live and breed such philosophy.
During the year, the company leveraged technology tools to enhance execution efficiency, deployed mobile applications to track real time performance and encouraged individual entrepreneurs to develop new solutions best suited to meet the local challenges. Indeed a lot of good work has been done during the last financial year and I am confident that we will continue to keep raising the bar, leveraging onto the strategic partnerships and engagement with our stakeholders.”
During FY 2017-18, the company has reinforced its initiatives on topics related to Health, Education, Employability and the Environment with concrete achievements measured through different KPIs. Tata Motors positively touched lives of 6,44,000 people across these identified thrust areas.
Highlights on the four pillars of CSR at Tata Motors:
Health initiative ‘Aarogya’ which aims to curb malnutrition, facilitated availability of clean drinking water to remote communities and provided preventive/ curative health services, covering 2,909 malnourished children and 3,13,303 people for health services.
Education initiative ‘Vidyadhanam’ which focuses on improving the academic performance of secondary/college going students, engaged in disbursing scholarships to the needy/ meritorious students, while facilitating them with special coaching classes. Sanctioned 9,612 scholarships and supported 28,078 students with special coaching in FY 2017/18. Tata Motors initiatives to improve School infrastructure continue to enhance the learning environment for the students.
Employability initiative ‘Kaushalya’ which aims to address high rate of unemployment by skilling people in automotive, non-automotive, agricultural & allied trades. The initiative also supports women empowerment by introducing them in traditionally male dominant industries. In the year 2017-18, 12,031 and 3,484 people underwent automotive and non-automotive trainings respectively.
Environment initiative ‘Vasundhara’ which promotes environmental consciousness among school students encouraged sapling plantation and distribution of renewable energy products. Outcome – 1,03,746 new saplings planted across locations with 56,161 people covered under environmental awareness program.
MoneyOnMobile, Inc., one of India’s largest mobile phone-based payment networks, announced the number of MOM ATM units deployed in India has crossed the 10,000 unit mark.
“We are pleased with the progress of our MOM ATM deployments. Crossing the 10,000 unit mark demonstrates, we believe, strong demand for this product by our retailers. We are well on our way to reaching our goal of 30,000 MOM ATM units deployed by the end of 2019. This is the first step in the cycle of deployment activation and revenues. There are three ways to increase revenues, increasing the number of units deployed to our retailers, expanding the number of retailers transacting with the unit on a daily basis, and growing the number of transactions each retailer performs in a day. The number of units deployed is a positive first step in a cadence of events that will impact success. We look forward to providing more detail on our MOM ATM product during our upcoming earnings call,” says Harold Montgomery, CEO and Chairman, MoneyOnMobile.
The latest air compressor in Atlas Copco’s smart AIR solutions portfolio, the GA 90+-160 (VSD+) oil-injected screw compressor range is designed for reduced energy consumption and ease of installation and service. It features state-of-the-art compression elements with Smart Injection technology coupled with highly efficient oil-cooled IE4 and IE5 motors that require no service interventions. The new Elektronikon® Touch controller with integrated smart algorithms further reduce energy consumption. It is available in water- and air-cooled versions, with fixed or variable speed drive and with an optional integrated dryer.
“The latest generation of GA compressors are particularly well suited to the mining industry, metal processing and power plants where its IP66 drive train offers complete protection from environmental dust and moisture ensuring reliable operation even in the harshest environmental conditions. This reliability also provides long and trouble-free life in general industrial applications in ambient temperatures up to 55°C/131°F.” says James Elbro, Product Marketing Manager.
Optimum efficiency is ensured through a highly efficient drive train, low internal pressure drops and precise control from the Elektronikon® Touch.
All components are designed for ease of service with the most commonly serviceable parts grouped together for ease of access while the patented portal design enables full access to all components when more extensive maintenance is required. This results in a service time that is half the time of comparable designs.
Atlas Copco provides customers with a tip to toe 5-year Warranty Plus program on the complete machine, ensuring smooth operation in the harshest environments.
The new Optimizer 4.0 central controller replaces the company’s ES16 central controller. It enables a compressed air system to be optimized through selection of the most efficient combination of machines, such as compressors, dryers, filters, controllers, energy recovery systems, generators, air receivers, coolers and boosters. Through a highly intuitive user interface, the end-user can view the performance and energy consumption of each machine as well as of the whole system.
Optimizer 4.0 can also be monitored through a customer’s PC via LAN, a SCADA system or SMARTLINK. Moreover, it is fully Industry 4.0 compatible, enabling the Internet of Things and the digital integration of the air compressed system with other intelligent networked devices to improve equipment performance, enhance predictive maintenance and further increase energy efficiency.
The Department of IT and BT will organise the 21st edition of its flagship technology event ‘Bengaluru Tech Summit’ from November 29 to December 1 this year at Bengaluru Palace.
The theme is ‘Innovation and Impact’, and the event will include multi-track conference, business-to-business expo, thought leaders conclave as well as opportunity for startups to showcase their innovations.
The conference will have over 250 experts addressing more than 3,500 delegates. Over 300 exhibitors would also showcase their services, products and technologies to more than 11,000 visitors. Chief Minister H.D. Kumaraswamy said Bengaluru has emerged as one of the top global innovation hubs in the league of Tokyo, Silicon Valley and Tel Aviv.
“Bengaluru Tech Summit will provide a platform for knowledge-sharing on emerging technologies such as Blockchain, AI (Artificial Intelligence) and robotics,” said Kumaraswamy in a statement.
“The event will provide an excellent opportunity to both industry and stakeholders to connect with the best minds to explore how to fuel their business growth,” said K.J. George, Minister for Large and Medium Scale Industries, IT, BT and Science and Technology, Government of Karnataka, in a statement.
Kiran Mazumdar Shaw, CMD, Biocon Limited; Chairman, Vision Group on BT, Govt of Karnataka said, “I am eagerly looking forward to the summit this year and the technology disruption it promises to showcase.”
While addressing the CEOs of IT and BT industry during a meeting related to ‘Bengaluru Tech Summit’, Kumaraswamy said the government is engaged in setting up industries in tier 2 and 3 cities to create employment in those regions and is committed to extend all support to investors. Priority will also be given to skill development and ₹500 crore is earmarked for this purpose.
Supply and Logistics Company Safexpress has opened it biggest facility in Bengaluru. The park, set up with an investment of Rs 100 crore and spread out over 1.2 million sqft will help the company increase its service routes in the southern part of the country.
“ We already operate out of Bangalore and will remain fairly similar to what they will be in future. The only difference is that it will allow us to , one be prepared for the next 20 years . We already run about 82 direct routes from Bangalore, this new facility will help us connect to 260 cities," said Safexpress managing director Rubal jain.
A market research report by Technavio on the third-party logistics market in India, pegs a market value of more than $31 billion by 2022 owing to tax reforms and initiatives by third party logistics service providers .
While the sector is poised for growth, logistics costs in India remains high due to external factors.
“For us the definitely the costs have gone up by at least 15-18 percent, fuel itself is up 27 percent in the last 1 year which itself consist of 50-55 percent of our costs. Rents for land have gone up, congestion, toll fees have gone up an average 15% all of which have added to the cost “says Rubal .
The company which currently has a total warehousing area of over 14 million square feet , expects to open 7 more in the next 1 year .
Bangalore-based micro finance lender CreditAccess Grameen’s initial public offering (IPO) will open for subscription between August 8 and August 10. CreditAccess Grameen, a leading micro-finance institution headquartered in Bangalore, will open its initial public offer for subscription on August 8 with a price band at Rs 418-422 per share.
The public issue comprises a fresh issue of up to Rs 630 crore and an offer for sale of up to 1,18,76,485 equity shares by the promoter, CreditAccess Asia N V.
The offer will close on August 10. Bids can be made for a minimum lot of 35 equity shares and in multiples of 35 equity shares thereafter.
CreditAccess Grameen focused on providing micro-loans to women customers predominantly in Rural Areas in India.
According to CRISIL Research, it was the third largest NBFC-MFI in India in terms of gross loan portfolio as of March 2017. As of March 2018, it covered 132 districts in the eight states (Karnataka, Maharashtra, Tamil Nadu, Chhattisgarh, Madhya Pradesh, Odisha, Kerala, Goa) and one union territory (Puducherry) in India through 516 branches and 4,544 loan officers.
Its promoter CreditAccess Asia N V is a multinational company specialising in MSE financing (micro and small enterprise financing), which is backed by institutional investors and has micro-lending experience through its subsidiaries in four countries in Asia.
Equity shares are proposed to be listed on BSE and NSE. ICICI Securities, Credit Suisse Securities (India), IIFL Holdings and Kotak Mahindra Capital Company are book running lead managers to the issue.
The Bid/Offer Period closes on August 10, 2018. The company and the promoter selling shareholder in consultation with the BRLMs may consider participation by Anchor Investors in accordance with the ICDR Regulations. The Anchor Investor Bidding Date shall be one Working Day prior to the Offer Opening Date.
The Price Band for the Offer is from Rs. 418 to Rs. 422 per Equity Share. Bids can be made for a minimum lot of 35 Equity Shares and in multiples of 35 Equity Shares thereafter.
The Equity Shares are proposed to be listed on BSE and NSE.
