News for 'Centre for Innovation'

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.

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.

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.

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.

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.

Satyam to set up new centre in Hyderabad

Satyam to set up new centre in Hyderabad

Rediff.com24 Dec 2007

The centre named Process Manufacturing Innovation Centre of Excellence would help companies to take advantage of the advancements made in IT - mainly in areas of product and process innovation, Satyam said.

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.

'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!'

'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.'

'I want India to be the most innovative place for SAP'

'I want India to be the most innovative place for SAP'

Rediff.com9 Jun 2016

'SAP has been an enterprise software leader for 43 years, and we don't have a competitor also in this space.'

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

Unilever to expand IT centre in Bengaluru

Unilever to expand IT centre in Bengaluru

Rediff.com23 Nov 2012

Functional since May, the centre employs 1,400. Unilever's chief executive, Paul Polman, formally inaugurated it on Thursday.

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.

Maharashtra needs more research centres to boost start-ups: Ratan Tata

Maharashtra needs more research centres to boost start-ups: Ratan Tata

Rediff.com15 Feb 2016

He underlined the need for industrial parks and white-collared environment

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.

'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.'

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.

HCL Tech opens centre in Washington

HCL Tech opens centre in Washington

Rediff.com22 Sep 2011

IT firm HCL Technologies on Thursday opened a new Global Delivery Centre in Redmond, Washington, where the company will initially invest $4 million (about Rs 19 crore), leading to the creation of 400 jobs over the next two years.

UIDAI setting up its data centre at Manesar

UIDAI setting up its data centre at Manesar

Rediff.com4 Jan 2013

This state-of-the-art, energy efficient, captive 'Green Data Centre' would be built as per global standards and would have several innovations, an official spokesman said in Chandigarh on Friday.

Unit sales power Ola Electric to profitability

Unit sales power Ola Electric to profitability

Rediff.com19 Jan 2023

'Through volume numbers and unit sales one can see, we are not making a loss'

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.'

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.

Despite odds, economists confident of India growth story: WEF study

Despite odds, economists confident of India growth story: WEF study

Rediff.com15 Sep 2023

Most economists expect the global economy to weaken in the coming year amid political and financial volatility, but a large majority of over 90 per cent are confident of moderate or strong growth in South Asia, notably India, a survey showed on Friday. At the same time, the outlook for China has dimmed following signs of deflationary pressures and fragility in the country's real estate market, the World Economic Forum's latest 'Chief Economists Outlook' report said. As the world grapples with political and financial volatility, almost six in 10 believe the global economic outlook will undermine progress towards meeting the UN Sustainable Development Goals (SDGs), with 74 per cent saying geopolitical tensions will have the same effect.

Why Aditya L1 Is Super Special

Why Aditya L1 Is Super Special

Rediff.com4 Sep 2023

India's first solar mission, if successful, will showcase ISRO's ability to explore the cosmos, explains Kumar Abishek.

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.

ISB launches new centre of excellence

ISB launches new centre of excellence

Rediff.com22 Feb 2008

This is the fifth centre to be established at the ISB. The school has already set up four such centres in the areas of entrepreneurship, finance, logistics & manufacturing, and IT.

In non-cigarettes push, how ITC built more than 25 FMCG mother brands

In non-cigarettes push, how ITC built more than 25 FMCG mother brands

Rediff.com4 Jan 2024

A young couple sharing a laugh - in the living room over a Polish joke book, on the beach, in the rain - with the tagline, "Made for each other", hung from billboards at prominent street corners from the 1960s to the 1990s. It was a campaign for one of the largest selling cigarette brands in India, Wills (Navy Cut) from the ITC stable, that resonated with a generation of smokers and non-smokers alike till the curtains came down on tobacco advertising in 2004. As we prepare to welcome 2024, ITC has metamorphosed from a tobacco giant into a conglomerate straddling multiple large-sized businesses. In the mind space of Gen Z or millennials, the company represents a gamut of branded products - from frozen food (ITC Master Chef), noodles (YiPPee!), and cookies (Sunfeast) to snacks (Bingo!) and notebooks (Classmate), and so on and so forth.

What Is Your 2024 Game Plan, Modiji?

What Is Your 2024 Game Plan, Modiji?

Rediff.com4 Dec 2023

By keeping the Sanatana Dharma row alive and adding the Ayodhya temple consecration scheduled for January 22 and adding the free darshan promise from four polled states to the entire country, the BJP may have a self-fulfilling concoction, predicts N Sathiya Moorthy.

India's vaccination drive completes 1 yr, Centre launches stamp

India's vaccination drive completes 1 yr, Centre launches stamp

Rediff.com16 Jan 2022

According to health ministry officials, over 92 per cent of the adult population have received at least one dose while over 68 per cent have been fully vaccinated.

DU to drop Pak poet Mohammed Iqbal who penned 'saare jahan se achha'

DU to drop Pak poet Mohammed Iqbal who penned 'saare jahan se achha'

Rediff.com27 May 2023

The university's academic council in a meeting on Friday had passed a motion for the removal of the chapter titled Modern Indian Political Thought.

AWS upbeat on India market, sees massive headroom for growth in cloud adoption

AWS upbeat on India market, sees massive headroom for growth in cloud adoption

Rediff.com29 Nov 2022

Within days of announcing mega investments for building in Hyderabad its second data centre cluster in India, Amazon Web Services (AWS) on Monday said it is excited about the India market, where cloud adoption offers massive headroom for growth. Pledging its long-term commitment to the India market, AWS, Amazon's cloud computing unit, said it expects global uncertainties to accelerate the decisions by companies to opt for flexible, on-demand cloud infrastructure to pare costs, gain efficiencies and drive business innovation. "Cloud reacts well to uncertainty," Puneet Chandok, president - commercial business, AWS India and South Asia, Amazon Internet Services Pvt Ltd (AISPL) told PTI.

Key mantra for India's pharma sector in 2023

Key mantra for India's pharma sector in 2023

Rediff.com21 Dec 2022

Reinvent and innovate will be the key mantra for the Indian pharma industry in the New Year as the 'pharmacy of the world' looks to move from volume to value leadership, amid emerging challenges of inflation and pricing pressures in the global markets. While R&D investment, market competitiveness, regulatory scrutiny, and domestic price regulations are expected to shape the growth of generics and injectable products, concerns such as price control and customs duties on medical equipment will continue to bother the healthcare industry in 2023. The industry believes that in view of India's G20 Presidency, digital health innovation, achieving universal health coverage, improving healthcare infrastructure and delivery will continue to be the key driving factors in 2023.

TCS opens special R&D centre in Hyderabad

TCS opens special R&D centre in Hyderabad

Rediff.com16 Jun 2015

The centre will be focusing on emerging communication technologies

Sitharaman walks the tech talk with AI, data governance, digilocker in Budget

Sitharaman walks the tech talk with AI, data governance, digilocker in Budget

Rediff.com1 Feb 2023

The Union Budget on Wednesday outlined several initiatives to drive India's technology agenda and boost digital infrastructure, including new centres of excellence for artificial intelligence, National Data Governance Policy, and Entity DigiLocker.

REVEALED: How RBI Operated During Covid

REVEALED: How RBI Operated During Covid

Rediff.com10 Mar 2023

200 staffers, consisting of RBI officials and support teams, who are essential to perform critical functions, were isolated at a separate facility in a dedicated quarantined environment near all three RBI data centres.

Ratan Tata-promoted Electra EV raises $25 mn

Ratan Tata-promoted Electra EV raises $25 mn

Rediff.com3 Nov 2022

Ratan Tata-promoted Electrodrive Powertrain Solutions or Electra EV has raised USD 25 million in equity capital from GEF Capital for a minority stake. The Tata Group patriarch set up Electra EV in 2017 and the company designs, manufactures and supplies EV powertrains systems across passenger and commercial vehicle segments. It also has products for the agriculture and off-highway segments.

Potential for Indian IT stocks likely to see some rerating

Potential for Indian IT stocks likely to see some rerating

Rediff.com12 Sep 2023

After disappointing guidances in the first quarter (Apr-Jun) of the 2023-24 financial year (Q1FY24) and valuation downgrades, the Indian IT sector could see some positive repricing as the bad news for IT maybe easing in Q2FY24. A key negative factor was weaker demand from the US financial sector and from North America in general. The latest GDP (gross domestic product) estimates and sector-specific news suggest that the demand situation may not be quite so bad with a gradual recovery in tech spending in Q2.

How India Can Rival China As Production Platform

How India Can Rival China As Production Platform

Rediff.com28 Jul 2023

We have the workforce, now we need to ensure that we take full advantage of game-changing technologies and geopolitical openings, suggests Jayant Sinha, chairman, Parliament's Standing Committee on Finance.

How Tech Is Reinventing Fashion Shopping

How Tech Is Reinventing Fashion Shopping

Rediff.com24 Nov 2022

With the fashion world blurring the lines between innovation, technology and reality, shopping is all set to be revolutionised.