News for 'Centre for Innovation'

Industry lauds PM's vision of 'techade'

Industry lauds PM's vision of 'techade'

Rediff.com15 Aug 2022

Prime Minister Narendra Modi's call to make this decade a "techade" for India and the push for 5G, semiconductors and transformation through digital services is going to boost the technology sector in the country, industry players said on Monday. Modi, in his speech on the 76th Independence Day, touched upon all-round development of technology in the country, from 5G to push for electronic chips, laying of optical fibre cable (OFC) network across villages and enablement of digital entrepreneurship in villages through Common Services Centres, making the present decade as "techade" for India. Homegrown mobile devices maker Lava International's Chairman and Managing Director Hari Om Rai said electronics and technology sectors create about $4 trillion of revenue.

Data Bill: Too much govt control will hit investments

Data Bill: Too much govt control will hit investments

Rediff.com27 Dec 2022

Significant controls and exemptions to the government under the proposed Digital Personal Data Protection bill 2022 are likely to make it harder for companies to invest in data centres and data processing activities in India, according to global technology industry body ITI. The ministry of electronics and IT has floated draft Digital Personal Data Protection (DPDP) Bill 2022 and has invited comments on the same till January 2. "The Bill grants significant controls to the executive arm of GOI (Government of India) and delegates much of the detailed rulemaking authority to separate, as yet undefined processes.

A diamond auction centre in India soon?

A diamond auction centre in India soon?

Rediff.com1 Apr 2015

De Beers started a grading and inscription facility at Surat in Gujarat.

The Challenges Before Ola, Uber...

The Challenges Before Ola, Uber...

Rediff.com3 Mar 2023

In many states, aggregators operate without a licence; in others, with the risk of the licence being revoked by any regional transport office on the slightest pretext.

Isro executes controlled re-entry of decommissioned satellite

Isro executes controlled re-entry of decommissioned satellite

Rediff.com8 Mar 2023

The Indian Space Research Organisation said it successfully carried out an "extremely challenging" controlled re-entry experiment of the decommissioned orbiting Megha-Tropiques-1 (MT-1) satellite.

'Amit Shah was told India has lost 26 of 65 patrolling points in Ladakh'

'Amit Shah was told India has lost 26 of 65 patrolling points in Ladakh'

Rediff.com13 Feb 2023

'Our villagers used to go up to Finger 4 and Finger 6, but today the Chinese are there.' 'Since April 2020, Chinese troops have blocked Indian troops from reaching at least ten patrolling points running from the Depsang plains in the north to Pangong Tso lake in the south.'

Bajaj's e-Chetak to speed into Europe by 2024

Bajaj's e-Chetak to speed into Europe by 2024

Rediff.com21 Jan 2023

The electric Chetak has already sold close to 25,000 units in India, and the European version will be based on the same platform.

Covid vaccination drive needs to be taken door to door: PM

Covid vaccination drive needs to be taken door to door: PM

Rediff.com3 Nov 2021

Modi made the remarks at a meeting, held via video conferencing, with district magistrates of over 40 districts having low vaccination coverage.

Paris 2024 Olympic marathon to trace path of French Revolution

Paris 2024 Olympic marathon to trace path of French Revolution

Rediff.com5 Oct 2022

For the first time, since women began running the Olympic marathon in 1984, women will conclude the athletics programme, with their marathon coming a day after the men's event.

Highlights of Budget 2023-24

Highlights of Budget 2023-24

Rediff.com1 Feb 2023

Per capita income has more than doubled to Rs 1.97 lakh in around nine years. Indian economy has increased in size from being 10th to 5th largest in the world in the past nine years. Seven priorities of the Budget, 'Saptarishi', are inclusive development, reaching the last mile, infrastructure and investment, unleashing the potential, green growth, youth power and financial sector.

Microsoft is very committed to India: Satya Nadella

Microsoft is very committed to India: Satya Nadella

Rediff.com4 Jan 2023

Microsoft chairman and CEO Satya Nadella on Wednesday highlighted the importance of driving inclusivity and empowerment through technology and economic growth and asserted that the company is "very committed to India". He was speaking at Microsoft's Tech for Good and Education showcase, an event that highlighted the impact created by technology in the areas of philanthropic work and education. Nadella did a walk through, interacting with teachers, students and professionals who are making a difference in the society, by leveraging various Microsoft programs, initiatives and tools.

China's Military Upgrade A Cause Of Concern

China's Military Upgrade A Cause Of Concern

Rediff.com28 Mar 2023

The further expansion and upgrade of the Chinese military does not augur well for India, which continues to confront an increasingly belligerent China on its borders, notes former foreign secretary Shyam Saran.

India sent 6cr vaccine doses outside, 4.5cr administered here: Vardhan

India sent 6cr vaccine doses outside, 4.5cr administered here: Vardhan

Rediff.com21 Mar 2021

More than 6 crore doses of COVID-19 vaccine have been sent to 76 nations, while 4.5 crore doses have been administered to beneficiaries in the country till now, Union Health Minister Harsh Vardhan said.

ISRO's SSLV succeeds in 2nd attempt, launches 3 satellites

ISRO's SSLV succeeds in 2nd attempt, launches 3 satellites

Rediff.com10 Feb 2023

ISRO's first mission in 2023 and SSLV's sequel saw a strange coincidence--it was launched at 9.18 am, the same time its predecessor lifted off from the Satish Dhawan Space Centre here on August 7, 2022 but could not deliver due to orbit anomaly and flight path deviation.

Why Should Data Not Go Private?

Why Should Data Not Go Private?

Rediff.com21 Nov 2022

The development of private data sources is a hugely positive development. It should serve as a challenge to the government to improve its own record on producing timely and reliable statistics, points out T N Ninan.

ISRO developing green propulsion for Gaganyaan: Sivan

ISRO developing green propulsion for Gaganyaan: Sivan

Rediff.com26 Dec 2020

He also said it may be adopted for use in every stage of a rocket. He was speaking at the 16th convocation of SRM Institute of Science and Technology, near Chennai.

Tata Power, IIT Delhi to collaborate in clean energy space

Tata Power, IIT Delhi to collaborate in clean energy space

Rediff.com23 Oct 2021

Tata Power on Saturday said it has inked a pact with IIT Delhi to work together on clean energy and other projects that can be transformed from research and development level to pilot stage. Tata Power, one of India's largest private sector integrated utilities, and the Indian Institute of Technology (IIT) Delhi have signed a Memorandum of Understanding (MoU) to collaborate in areas like smart grid technology, clean energy solutions, a company statement said. Considering the large number of experts with their excellence in different fields in IIT Delhi and Tata Power, there is an immense potential to collaborate between academia, research and domain experts from business with a high transformational impact, it added.

Asset monetisation worth Rs 96,000 crore completed

Asset monetisation worth Rs 96,000 crore completed

Rediff.com13 Apr 2022

The Centre has completed asset monetisation worth Rs 96,000 crore during FY22, surpassing the target of Rs 88,000 crore. For FY23, it has set itself a goal of Rs 1.62 trillion, and already has a pipeline of assets worth Rs 1.6 trillion under advanced stages of implementation, an official said. Union Finance Minister Nirmala Sitharaman on Tuesday reviewed the progress made by several ministries and nudged departments to achieve the targets set for them, the official added.

The spiritual guru who is pushing innovation

The spiritual guru who is pushing innovation

Rediff.com8 Oct 2017

Mata Amritanandamayi's hospital has developed protein nanomedicines for drug-resistant leukemia and nano-structured wafers to prevent recurrence of brain tumours

Zerodha co-founder Nikhil Kamath invests in drone start-up Omnipresent Robot Tech

Zerodha co-founder Nikhil Kamath invests in drone start-up Omnipresent Robot Tech

Rediff.com17 Feb 2022

Zerodha and True Beacon co-founder Nikhil Kamath, along with Abhijeet Pai, has invested in Omnipresent Robot Tech through their investment arm Gruhas Proptech. This round also saw co-investments from Kavin Shah, and other individual high networth individual (HNIs), according to a statement released on Thursday. However, the amount invested by Kamath and Pai has not been disclosed.

Centre's move on Teachers' Day comes under attack

Centre's move on Teachers' Day comes under attack

Rediff.com1 Sep 2014

The Centre's move to celebrate Teachers' Day as 'Guru Utsav' and the planned interaction of the Prime Minister Narendra Modi with school children on that day have kicked up a controversy with opposition Congress and others, including Bharatiya Janata Party allies Marumalarchi Dravida Munnetra Kazhagam and Pattali Makkal Katchi, slamming the government.

How govt will judge the performance of PSUs

How govt will judge the performance of PSUs

Rediff.com11 May 2022

The number of times public sector undertakings (PSUs) have held conference calls with investors, their capital management, and debt financing are among the parameters that the Centre will use to judge their performance for the first time, a senior official in the know said. The government will evaluate PSUs for FY22 based on new parameters that were finalised by the Department of Public Enterprises (DPE) in consultation with the Department of Investment and Public Asset Management (DIPAM) last year, the official said. The government had included more conditions in the memorandum of understandings (MoUs) - used to set annual targets - that public sector enterprises sign with the DPE every year. These included a consistent dividend policy, which seeks to transfer dividends by PSUs every quarter; and market capitalisation or share price improvement over the sectoral index on an annual average basis for listed companies.

PICS: Birmingham gives C'wealth Games a rousing send off

PICS: Birmingham gives C'wealth Games a rousing send off

Rediff.com9 Aug 2022

From UB40 to Punjabi MC to Apache Indian, the musicians gave the spectators an evening to remember as athletes walked out for the closing.

2 new Omicron subvariants detected by South African scientists

2 new Omicron subvariants detected by South African scientists

Rediff.com12 Apr 2022

The Omicron lineages have been named BA.4 and BA.5.

1.5 Million Vacancies In Cybersecurity!

1.5 Million Vacancies In Cybersecurity!

Rediff.com3 Mar 2023

'The skilling gap is a serious issue.' 'We partner with the government on skilling, but as a company we have several skilling programmes, and we work closely with the partner ecosystem.

'Ukraine situation will very likely worsen'

'Ukraine situation will very likely worsen'

Rediff.com19 Sep 2022

'The Russian attack might be a wakeup call for Europe.'

Full Text: PM Modi's address to US Congress

Full Text: PM Modi's address to US Congress

Rediff.com23 Jun 2023

Here's the full text of Prime Minister Narendra Modi's address to a joint session of the United States Congress, delivered on Thursday.

Ola keen to build cell manufacturing plant

Ola keen to build cell manufacturing plant

Rediff.com7 Jun 2022

SoftBank Group-backed Ola Electric is in talks with multiple global suppliers to build a battery cell manufacturing plant in India with a capacity of up to 50-gigawatt hours, sources said. As part of its broader electrification push, the firm plans to invest in companies with advanced cell and battery technology, alongside the 50 Gwh battery plant. Ola Electric needs 40 Gwh of battery capacity to power 10 million electric scooters annually. The remainder will be for its electric cars, which the company plans to manufacture in the future.

14 MPs set up group with VCs, experts to take on Covid-19

14 MPs set up group with VCs, experts to take on Covid-19

Rediff.com7 Apr 2020

The action group will be known as Parliamentarians with Innovators for India (PIIndia.org), which aims to spur innovators to solve challenges in areas such as public health, economy, and livelihood. While the 14 parliamentarians come from different states and across party lines, the group has organisations like Population Foundation of India, Centre for Policy Research, Omnicuris, apart from top experts in public health and policy.

Tradition and innovation collide at Wimbledon

Tradition and innovation collide at Wimbledon

Rediff.com20 Jun 2007

Wimbledon's aim is to create a timeless, relaxed atmosphere "like a walk in an English country garden."

What PM Modi has in mind for India as G20 chair

What PM Modi has in mind for India as G20 chair

Rediff.com27 Nov 2022

In his latest monthly radio address, Mann Ki Baat, Modi said that India is capable of providing solutions to the varied challenges being faced globally.

Modi Gives WHO Chief New Name: Tulsibhai

Modi Gives WHO Chief New Name: Tulsibhai

Rediff.com8 May 2022

Modi was especially happy calling Dr Ghebreyesus 'Tulsibhai,' and delighted by the latter's affection for Gujarat, his attempt to speak in Gujarati and his affection for the Indian teachers who taught him in childhood.

IIM-A centre to create $2 mn fund for clean tech

IIM-A centre to create $2 mn fund for clean tech

Rediff.com29 Aug 2007

Initiative to cover fuel cells, bio-fuels and energy storage techniques.

Vishal Rao's innovation: A cheap voice box for throat cancer patients

Vishal Rao's innovation: A cheap voice box for throat cancer patients

Rediff.com24 Jun 2016

An oncologist, Vishal Rao built an innovative voice prosthesis that costs to help people who've lost their voices.

Where's The Economy Headed In 2023?

Where's The Economy Headed In 2023?

Rediff.com2 Jan 2023

'The pipeline of new industrial projects is the best I've seen in the last 10 years, and it looks solid enough to sustain for at least a few quarters,' points out Naushad Forbes, adding, 'It is only when we get back to the same labour force participation we saw before Covid that the economy will have truly recovered.'

IMF sees India as 'bright spot' in global economy, says PM Modi

IMF sees India as 'bright spot' in global economy, says PM Modi

Rediff.com11 Jan 2023

Prime Minister Narendra Modi Wednesday said the International Monetary Fund (IMF) sees India as a "bright spot" in the global economy and as per the World Bank, India is in a better position to deal with the global headwinds than many other countries. This is because of India's strong "macroeconomic fundamentals", Modi said while virtually addressing the inaugural function of the 7th edition of Invest Madhya Pradesh-Global Investors Summit in Indore. In the past eight years, the government has increased the speed of reforms and removed many hurdles in the way of investments.

'India is Amazon's second-largest technology hub'

'India is Amazon's second-largest technology hub'

Rediff.com16 Sep 2021

India is the second-largest technology hub for Amazon globally and its teams are powering innovations not only for customers in the country but globally as well, a top company executive said on Thursday. Speaking at Amazon India Career Day, Amazon global senior vice president and country head India Amit Agarwal said the e-commerce company employs over one lakh professionals in India across diverse areas from engineering, supply chain, content creation, marketing, video and others. "India is also the second-largest technology hub for Amazon globally, with some of the most talented software developers, product managers, machine learning scientists, and research scientists as part of the team," he said.

Britain's new King believes in Yoga, Ayurveda

Britain's new King believes in Yoga, Ayurveda

Rediff.com9 Sep 2022

King Charles III, Britain's new monarch who ascended to the throne on the death of his mother Queen Elizabeth II, has a strong connection with India and its age-old traditions of Yoga and Ayurveda.

IIT-M Offers Free 'Out of the Box Thinking' Course

IIT-M Offers Free 'Out of the Box Thinking' Course

Rediff.com9 Jun 2022

Targeted at one million schoolchildren and college students, besides working professionals and researchers, the three-month course will be available in online mode, free of cost, to people in India and abroad.

Tatas in talks with Taiwan firms to make chips in India

Tatas in talks with Taiwan firms to make chips in India

Rediff.com22 Dec 2021

Tata Group is in discussions with some major international companies, including those from Taiwan, for its foray into the semiconductor chip business. The Union government had earlier tried to bring in Taiwanese manufacturers Taiwan Semiconductor Manufacturing Company (TSMC) and United Microelectronics Corporation (UMC) for chip manufacturing in India. A person close to the development said the Tatas have now opened a separate channel for a possible tie-up. Currently, India mostly imports chips, which are fabricated and assembled to put into various applications, including automobiles, renewable power, mobile phones, televisions, and other electronic items.