Driverless car ‘WIRIN’ developed by Wipro, IISc, with RV College unveiled in Bengaluru
Bengaluru: In a collaborative achievement between Wipro, the Indian Institute of Science (IISc), and RV College of Engineering, an autonomous car termed WIRIN (Wipro-IISc Research and Innovation Network) was unveiled in Bengaluru.
A brief video of the driverless vehicle has gone viral on social media. The 28-second video was uploaded on X by user Adarsh Hegde (@adarshahgd), shows Sri Sri 1008 Satyatma Theertha Sripadangalu of Uttaradi Matha seated inside the vehicle as it travels around the RV College campus without a driver.
The self-driving vehicle uses technology developed entirely in India. Although still in the testing phase, the research team said the car’s full-scale launch is expected after further trials under varied Indian road conditions to ensure safety and reliability.
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Rupee falls 9 paise to all-time low of 90.58 against US dollar in early trade
Mumbai (PTI): Rupee depreciated 9 paise to an all-time low of 90.58 against US dollar in early trade on Monday, weighed down by uncertainty over an India-US trade deal and persistent foreign fund outflows.
Forex traders said rupee is trading with a negative bias as investors are in wait and watch mode and awaiting cues from the India-US trade deal front.
At the interbank foreign exchange market, the rupee opened at 90.53 against the US dollar, then fell further to an all-time intraday low of 90.58 against the greenback, registering a fall of 9 paise over its previous close.
On Friday, the rupee had slipped 17 paise to close at an all-time low of 90.49 against the American currency.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.05 per cent lower at 98.35.
Brent crude, the global oil benchmark, was trading higher by 0.52 per cent at USD 61.44 per barrel in futures trade.
On the domestic equity market front, the 30-share benchmark index Sensex was trading 298.86 points lower at 84,968.80, while the Nifty was down 121.40 points at 25,925.55.
Foreign Institutional Investors sold equities worth Rs 1,114.22 crore on Friday, according to exchange data.
"FPIs continue to be in selling mode in equity and debt while RBI has been selling dollars to fund their long positions," said Anil Kumar Bhansali, Head of Treasury and Executive Director Finrex Treasury Advisors LLP.
