Army's Robotic Arsenal Adds $11M Driverless Trucks

March 4 (Bloomberg) –- The U.S. Army, in partnership with Lockheed Martin, just unveiled its new self-driving vehicle technology, which will help to keep soldiers out of hostile environments. The $11M Autonomous Mobility Appliqué System enables almost any Army vehicle to navigate autonomously through both rural and urban environments, negotiating obstacles like pedestrians, intersections and oncoming traffic. Bloomberg looks at the Army’s recent test of a convoy of driverless trucks. (Source: Bloomberg)

Hinduja Looks to Buy Distressed Assets in India
13:35 - The Hinduja group of companies is one of Asia's largest multinational conglomerates with interests in the automobile sector, power, finance, healthcare, and much more. It's co-chaired by London-based siblings who are among Britain's wealthiest Asians. The company is betting on what they believe is a newly resurgent India and are looking to buy up distressed assets, specifically in the infrastructure and power sectors. Hinduja group chairman, Gopichand Hinduja told Bloomberg's Reenita Malhotra Hora the Indian banks have not necessarily made the process easy. (Source: Bloomberg)
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