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Transport Ministry in India Offers Highways to lay Optic Fibres, Oil and Gas Pipes

India's 2 lakh kilometers stretched highway has been offered by the transport ministry to be used for laying optic fibers, oil and gas pipeline

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Transport Ministry
The Indian Highway is 2 lakh kilometers long. Wikimedia
  • To generate revenues, the transport ministry has offered its highways to be used for the laying of optic fibers, gas and oil pipes
  • Indian highway stretches 2 lakh kilometers in length
  • The revenue will be further used by transport ministry for improving the quality of roads

July 19, 2017: The Indian Highway, stretching 2 lakh kilometers in length, have been offered for the laying of optic fibers, oil and gas pipelines by the Transport Ministry.

The transport ministry hopes to generate more revenues with this decision. The revenue will be utilized for improving and maintaining the quality of roads.

Nitin Gadkari announced this decision on behalf of the ministry at INFOCOM 2017. The minister said, “For building and maintaining a competitive edge over the world, there is a need to leverage technology to get the maximum returns from assets.”

ALSO READ: Railway Board requests Finance Ministry for Separate Fund to Improve Safety of the Indian Railways

PTI also reports the announcement of computerized processes for driving license. Gadkari, speaking at INFOCOM 2017, said “The fitness of a person for issue driving license will be decided through a computer program with no human interference. This will greatly enhance safety on roads by ensuring that licenses are issued only to deserving drivers.”

The ministry’s initiative of e-tolling, implemented last year, has already made significant contributions to cut down traffic and congestion on Indian highways, observed Nitin Gadkari.

– Prepared by Saksham Narula of NewsGram. Twitter: @Saksham2394

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Commercial Cloud Helps Microsoft Log $32.5 bn in Revenue

LinkedIn revenue increased 29 per cent while Dynamics products and Cloud services revenue increased 17 per cent, driven by Dynamics 365 revenue growth of 51 per cent

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Microsoft, Taiwan AI
A man walks past a Microsoft sign set up for the Microsoft BUILD conference at Moscone Center in San Francisco, April 28, 2015. VOA

Riding on stupendous growth in its commercial Cloud services, Microsoft logged a revenue of $32.5 billion — up 12 per cent from a year ago — and a net income of $8.4 billion for the quarter ending on December 31.

The commercial Cloud business registered $9 billion in sales for the quarter, for a $36 billion annual run rate.

“Our strong commercial Cloud results reflect our deep and growing partnerships with leading companies in every industry including retail, financial services, and healthcare,” said Microsoft CEO Satya Nadella.

“We are delivering differentiated value across the cloud and edge as we work to earn customer trust every day.”

The revenue from Surface laptops increased 39 per cent. The company released Surface Pro 6 and Surface Laptop 2 during the quarter, along with Surface Studio 2 and Surface Headphones.

Revenue in personal computing was $13 billion and Surface is now almost a $2 billion business for Microsoft.

Microsoft
Microsoft CEO Satya Nadella delivers the keynote address at Build, the company’s annual conference for software developers. VOA

“Our solid execution delivered another strong quarter, with commercial cloud revenue growing 48 per cent year-over-year to $9 billion,” said Amy Hood, Executive Vice President and Chief Financial Officer of Microsoft.

The revenue in productivity and business Processes was $10.1 billion and increased 13 per cent.

“Office Commercial products and cloud services revenue increased 11 per cent, driven by Office 365 Commercial revenue growth of 34 per cent,” said the company.

Also Read- Here’s Why Tim Cook is Not Able to Sell ‘Super Premium’ iPhones in India

Office 365 consumer subscriber base has now hit 33.3 million.

Gaming revenue increased 8 per cent, with Xbox software and services revenue growth of 31 per cent.

LinkedIn revenue increased 29 per cent while Dynamics products and Cloud services revenue increased 17 per cent, driven by Dynamics 365 revenue growth of 51 per cent. (IANS)