News for 'Centre for Innovation'

Why Is The BJP Talking About Stability?

Why Is The BJP Talking About Stability?

Rediff.com15 Apr 2024

'What should surprise BJP supporters is Modi's call for 'stability' at the manifesto launch, a theme that he and his team members had not touched ahead of the Lok Sabha polls in 2014 and 2019.' 'The last time the party called for 'stability at the Centre' was in 1998 and 1999,' recalls N Sathiya Moorthy.

Interim Budget 2024-25: Funds to boost reach on fintech industry wishlist

Interim Budget 2024-25: Funds to boost reach on fintech industry wishlist

Rediff.com8 Jan 2024

Indian fintechs and associated entities are hoping that the Union Budget 2024 will provide a boost and empower firms to extend their reach beyond Tier-II regions, with an emphasis on supporting enterprises led by women. The fintech industry, which has witnessed regulatory reforms over the last year, expects the Budget, scheduled to be presented by Finance Minister Nirmala Sitharaman on February 1, will further encourage financial inclusion, empower micro-small-medium enterprises (MSMEs) with lending solutions, and push for upskilling initiatives for the country's young workforce.

Budget hikes defence budget by 4.72%, focuses on 'deep tech'

Budget hikes defence budget by 4.72%, focuses on 'deep tech'

Rediff.com1 Feb 2024

The defence budget was on Thursday increased to Rs 6.21 lakh crore for 2024-25 in a modest hike of 4.72 per cent from last year's allocation of Rs 5.25 lakh crore amid India's continuing border row with China in eastern Ladakh as well as concerns over evolving security situation in the strategic waterways.

Hurrah For These Women Achievers!

Hurrah For These Women Achievers!

Rediff.com22 Feb 2024

More and more women are making their presence felt in jobs related to sciences, technology, and engineering across organisations.

FDI can spur innovation, ideas and industries

FDI can spur innovation, ideas and industries

Rediff.com8 Aug 2014

Ideas don't have border controls and visas.

Innovation remains a distant dream for Indian entities

Innovation remains a distant dream for Indian entities

Rediff.com19 Jul 2015

Indian cos or academic institutions accounted for only 1,394 patent cooperation treaty applications

Samsung eyes 50% market share in India's super premium segment with Fold 5, Flip 5

Samsung eyes 50% market share in India's super premium segment with Fold 5, Flip 5

Rediff.com31 Jul 2023

Korean electronics major Samsung expects its new foldable devices Galaxy Fold 5 and Galaxy Flip 5 will enable it to capture half of the super premium smartphone segment in India, currently dominated by iPhone maker Apple.

Suzlon plans innovation hub in Denmark

Suzlon plans innovation hub in Denmark

Rediff.com31 Jul 2006

SEL will also be setting up an innovation centre in Denmark, which will focus on concepts beyond design and development-related R&D.

To maintain growth, India must focus on innovation

To maintain growth, India must focus on innovation

Rediff.com17 Sep 2014

But it scores high on firm dynamics - which is partly accidental, as it benefits from high labour turnover.

'Most H1-B hopefuls are workers, not innovators'

'Most H1-B hopefuls are workers, not innovators'

Rediff.com29 Apr 2008

Most applicants of the H1-B visas, much sought-after by hi-tech professionals including Indians, are 'average' workers and not the 'innovators' as portrayed by industry lobbyists, a report has said, opposing the extension of the popular guest worker programmes. New data analysis shows that the vast majority of H1-B workers, including those at most major tech firms, are not the innovators industry portrays them to be, the Centre for Immigration Studies said in a statement.

India's innovation capacity lags most BRICS nations: Eco Survey

India's innovation capacity lags most BRICS nations: Eco Survey

Rediff.com27 Feb 2015

India ranks lower than most BRICS nations in terms of innovation.

'Strangulated democracy': Sonia on suspension of MPs

'Strangulated democracy': Sonia on suspension of MPs

Rediff.com20 Dec 2023

Noting that the assembly election results being very disappointing is an understatement, the Congress Parliamentary Party chairperson urged party MPs to channel their disappointment into positivity for next year's general elections.

Is There Time For A Reset For Paytm?

Is There Time For A Reset For Paytm?

Rediff.com12 Feb 2024

Going by the RBI directive and the overall narrative, Paytm may have lost the rigour of stress tests, audits and compliance.

In Mann Ki Baat, PM promises aid to schools focusing on innovation

In Mann Ki Baat, PM promises aid to schools focusing on innovation

Rediff.com31 Jul 2016

Modi also invited suggestions from the people for inclusion in his Independence Day speech.

'Chandrayaan demonstrates the skill of India, and its people'

'Chandrayaan demonstrates the skill of India, and its people'

Rediff.com8 Dec 2023

'ISRO's style is a terrific example of being able to survive, acknowledge failures, and then most importantly of all, learn from them to ensure that subsequent missions are successful.'

Ayodhya Is Getting Ready For The Big Day

Ayodhya Is Getting Ready For The Big Day

Rediff.com26 Dec 2023

With the spate of businesses turning their attention to Ayodhya, land rates have shot up, in some pockets by as much as 10 times. Whether one walks into a hotel lobby or sits down for a meal, land deals are being discussed at every other table -- one on one or among groups.

Sitharaman's pre-election budget shuns populism, boosts infra spend

Sitharaman's pre-election budget shuns populism, boosts infra spend

Rediff.com1 Feb 2024

Finance Minister Nirmala Sitharaman on Thursday announced a Rs 11.11 lakh crore spending on infrastructure and vowed to continue reforms as she resisted resorting to populist measures in Modi government's last Budget before general elections, instead choosing to stay on the path of cutting deficit while bolstering measures for focus groups.

IFSCA looks to clear decks for startups' direct listing at GIFT City

IFSCA looks to clear decks for startups' direct listing at GIFT City

Rediff.com29 Aug 2023

The International Financial Services Centres Authority (IFSCA) has proposed key exemptions to the current listing framework and measures for setting up holding companies (holdcos) and special purpose acquisition companies (SPACs) to encourage domestic startups list at GIFT City, the country's only international financial services centre (IFSC). Under the current framework, to be eligible to list on IFSC exchanges, an issuing company should have operating revenue of at least $20 million in the preceding financial year and average pre-tax profits of at least $1 million during the preceding three financial years. An expert committee has noted these conditions have acted as hurdles to listing new-age companies, and they need a relook.

Celebrating Indonesia's Festival Of Democracy

Celebrating Indonesia's Festival Of Democracy

Rediff.com13 Feb 2024

The 'Pesta Demokrasi' is a cause for celebration not only for Indonesia but also for democracy and forces for peace all over the globe, notes Sandeep Chakravorty, India's Ambassador to Indonesia.

'Modi's US visit to focus on innovation, digital economy'

'Modi's US visit to focus on innovation, digital economy'

Rediff.com25 Aug 2015

Modi is expected to travel to the US late September.

Microsoft unveils blueprint for India on AI governance

Microsoft unveils blueprint for India on AI governance

Rediff.com25 Aug 2023

Tech giant Microsoft has unveiled a blueprint for India on artificial intelligence (AI) governance, and proposed a regulatory architecture to oversee safety protocols, according to a whitepaper released on Thursday. The whitepaper titled "Governing AI: A Blueprint for India" comes amid Microsoft raising its stakes in its artificial intelligence tool ChatGPT. The proposed AI regulatory architecture includes regulations prescribing safety and security requirements, then license deployment for permitted uses in a licensed Al data centre with post-deployment safety and security monitoring and protection.

Brain Drain 2.0 Is Taking Place In India

Brain Drain 2.0 Is Taking Place In India

Rediff.com28 Sep 2023

The migration of domestically developed intellectual property to foreign corporations within India reflects an anomaly in the demand pattern of the country's job market, points out Kanika Datta.

'We were listed in the global top 10 start-ups in sustainability'

'We were listed in the global top 10 start-ups in sustainability'

Rediff.com8 Feb 2024

'We want to make sustainability affordable.' 'We tell everyone, don't just recycle, Craste it!'

Raveendran puts Rs 4K cr own wealth into Byju's

Raveendran puts Rs 4K cr own wealth into Byju's

Rediff.com6 Dec 2023

Byju Raveendran, founder of educational technology (edtech) firm Byju's, has injected around Rs 4,000 crore of personal capital into the company in recent months. This move comes as the company grapples with challenges, including securing fresh capital, delays in financial reporting, and legal disputes with lenders. "Raveendran has pledged personal property to assist the company in dealing with the crisis. "He conveyed to employees that despite perceptions of being a billionaire, he has reinvested a major portion of his wealth back into the company," said a person familiar with the matter.

India's biggest challenge is inclusive growth: Chandrasekaran

India's biggest challenge is inclusive growth: Chandrasekaran

Rediff.com18 Dec 2023

All the global transitions are working in India's favour, giving it the potential to become a force in today's uncertain world, but one of the country's biggest challenges is inclusive growth, Tata Sons chairman N Chandrasekaran said on Monday. In his address at the JRD Tata Oration, the head of the Tata group also asserted that Artificial Intelligence (AI) is here to stay and it will be beneficial if India prepares for it. Post the cold war era of relative stability and prosperity, the world appears to have given way to unpredictable conflicts and economic uncertainty, he said, adding that the pandemic resulted in supply chain shocks of gigantic proportion.

Is India's NavIC Better Than GPS?

Is India's NavIC Better Than GPS?

Rediff.com28 Oct 2023

NavIC consists of a constellation of seven satellites and a network of ground stations and is touted to be more accurate than GPS.

'Successful listing is true justice to RE development in country'

'Successful listing is true justice to RE development in country'

Rediff.com24 Dec 2023

'This is not just the IREDA's IPO. It is the success of the ministry of new and renewable energy and of the renewable energy industry.'

Israel-Hamas conflict: Indian exporters may face higher risk premiums, shipping costs

Israel-Hamas conflict: Indian exporters may face higher risk premiums, shipping costs

Rediff.com8 Oct 2023

Indian exporters shipping goods to Israel may face higher insurance premiums and shipping costs due to the Israel-Hamas conflict, according to experts. Israel witnessed a surprise and unprecedented multifront attack by air, land and sea by the Hamas militant group, which rules the Gaza Strip, in its southern parts on Saturday morning. The International trade experts said the conflict may reduce the profits of domestic exporters but will not impact trade volumes unless war escalates.

Tata Steel investment positive for UK ops, but stock has not moved much

Tata Steel investment positive for UK ops, but stock has not moved much

Rediff.com26 Sep 2023

Tata Steel UK is reformatting its operations in Port Talbot by investing 1.25 billion in an electric arc furnace facility with the UK government contributing 500 million. The project will take around three years to complete, if all the regulatory clearances come through. The facility will use scrap and be classified as green since it will utilise renewable power and cut carbon emissions considerably.

Narayana Murthy Is Absolutely Right!

Narayana Murthy Is Absolutely Right!

Rediff.com4 Dec 2023

Get more people working, get more people working in modern manufacturing and services in our cities, and get people working better and longer, suggests Naushad Forbes, past president, CII.

'BJP Has Several Big Ideas For 2024 Election'

'BJP Has Several Big Ideas For 2024 Election'

Rediff.com22 Dec 2023

'The allegations of government involvement in targeted assassinations abroad are likely to help, not hurt, the ruling party.' 'True or false, they convey a sense of muscularity and, in some quarters, are celebrated as a harbinger of 'great power' status.'

Belgium's Artur Lucas part of Indian hockey's coaching staff

Belgium's Artur Lucas part of Indian hockey's coaching staff

Rediff.com5 Sep 2023

India clubbed with Egypt, Switzerland, Jamaica in inaugural Men's Hockey5s World Cup

Charles Correa: India's most 'innovative' architect

Charles Correa: India's most 'innovative' architect

Rediff.com18 Jun 2015

When Correa was hailed as India's greatest architect in 2013, he said, 'Greatest is so...so definite. Most innovative might have been better'

Is Technology Important In Banking?

Is Technology Important In Banking?

Rediff.com14 Mar 2024

'Just the amount of work which is there just to become more and more successful in banking. For this to happen you need to have leaders who understand technology.'

IBM launches new centre in Bangalore

IBM launches new centre in Bangalore

Rediff.com18 Aug 2005

IBM on Thursday launched a new Services Innovation and Research Centre in Bangalore that would focus on innovative technologies for improving IT services.

New bill moots up to Rs 250 cr fine for violating data protection norms

New bill moots up to Rs 250 cr fine for violating data protection norms

Rediff.com3 Aug 2023

The government on Thursday tabled the Digital Personal Data Protection Bill 2023 in the Lok Sabha with an aim to protect the privacy of Indian citizens, while proposing a penalty of up to Rs 250 crore on entities for misusing or failing to protect digital data of individuals.

Kerala governor reads out criticism of Centre in House address as Oppn cries foul

Kerala governor reads out criticism of Centre in House address as Oppn cries foul

Rediff.com18 Feb 2022

Amid the opposition UDF's sloganeering against him, Kerala Governor Arif Mohammed Khan on Friday delivered the customary address to the assembly with the policy document outlining the Left government's administrative achievements and criticising the Centre for allegedly pushing the state to financial constraints by reducing its resource allocations.

Google investing $10 billion in India's digitisation fund: Pichai tells PM Modi

Google investing $10 billion in India's digitisation fund: Pichai tells PM Modi

Rediff.com24 Jun 2023

Internet giant Google is investing $10 billion in India's digitisation fund, its CEO Sundar Pichai has told Prime Minister Narendra Modi, a step that will recognise India's leadership on fintech and will support small and large businesses in India, the US and around the world. Pichai met Prime Minister Modi in Washington on Friday and also announced the opening of Google's global fintech operation centre in the Gujarat International Finance Tec-City (GIFT) in Gandhinagar. "It was an honour to meet Prime Minister Modi during the historic visit to the US. We shared with the Prime Minister that Google is investing $10 billion in India's digitisation fund," Pichai said.

Rajasthan continues tradition, shows door to Cong, BJP back in saddle

Rajasthan continues tradition, shows door to Cong, BJP back in saddle

Rediff.com4 Dec 2023

The Bharatiya Janata Party returned to power in Rajasthan on Sunday, winning 115 seats out of the 199 where assembly elections were held last week.

Recipes: Sonal Ved's Dhokla Chaat, Burrata Papdi Chaat

Recipes: Sonal Ved's Dhokla Chaat, Burrata Papdi Chaat

Rediff.com10 Jan 2024

It's time for some desi chaat with a burst of hatke flavours.