'Money moves in a web of transactions and payment addresses keep changing for offshore companies, which requires heightened monitoring measures.'
The Ministry of Electronics and Information Technology (Meity) is looking at a proposal to generate 1.5-2 direct jobs for every Rs 1 crore invested by companies under the proposed electronic components production-linked incentive (PLI) scheme. If this plan fructifies, a Rs 10,000 crore investment under the proposed PLI scheme would bring with it the expectation of creating 15,000-20,000 direct jobs in electronic components sector.
'Taxpayers' money cannot be given to these companies which can access the market and buy GPUs at a competitive price from any vendor.'
OpenAI on Friday said it will set up its first India office in New Delhi later this year, underlining the swift uptake of its AI tools in a market that is ChatGPT's second-largest after the US and among its fastest-growing. OpenAI said it has officially established an entity in India and has begun hiring a dedicated local team.
To shield against US President Donald Trump's tariff shock, analysts have been advising investors to focus on stocks of domestic-oriented companies, rather than export-centric ones, to minimise potential losses.
'We do not need short-term measures but long-term ones. Companies seem to have given up on the infrastructure part. Long delays are fuelling more traffic crisis.'
'From tariff tensions and border skirmishes to unrest in West Asia.' 'The worst may be behind us. But any further upmove will now have to come from earnings.'
The Election Commission (EC) has announced 17 new initiatives for the Bihar Assembly polls, including compulsory webcasting, mobile phone-deposit facilities, and measures to improve voter turnout and accessibility.
After Operation Sindoor, the Army and Navy now view the IAF as not a supporting arm, but the spearhead of India's warfighting capability, capable of decisive outcomes across domains, explains Air Commodore Nitin Sathe (retd).
'Government officials use Gmail and ordinary phones without basic security consciousness.' 'Interoperability, especially in joint exercises with countries like the US, worries me.' 'It often means we open our systems to them, but they don't reciprocate.' 'They could have kill switches in their systems and might even be able to affect ours.'
The Foxconn move may have been prompted by the Chinese government's focus on strengthening its supply chain.
Chief of Defence Staff Gen Anil Chauhan asserted that the armed forces are free of nepotism and urged children to join to serve the nation. He also spoke about Operation Sindoor and the use of technology in warfare.
The Supreme Court on Monday said the right of freedom of speech and expression was being 'abused' while hearing the plea of a cartoonist accused of sharing alleged objectionable cartoons of Prime Minister Narendra Modi and Rashtriya Swayamsevak Sangh workers on social media.
CPGRAMS -- an online platform available to citizens 24x7 to lodge their grievances to public authorities on service delivery -- has existed for close to two decades. But it has never been this active, points out Tamal Bandyopadhyay.
In a move to deepen manufacturing in electronics in India, the Centre is targeting 35-40 per cent value-addition through the yet-to-be launched production-linked incentive (PLI) scheme for electronics components, sources in the government
Inputs from religious texts, scriptures of local dialects and inspirational word-of-mouth stories will also be included.
What has surprised the industry is that the Bill has been tabled without any consultation. Critics warn the ban on real-money gaming could fuel black markets, endanger 200,000 jobs and billions in tax revenue.
'I think that kind of change is coming. We should stay prepared for that change, whichever industry or sector we are in, we must be prepared.'
There's no change in Apple Inc's India strategy, said a top government source. 'It can only be enhanced'.
The Supreme Court on Tuesday granted protection from coercive action to a cartoonist accused of sharing alleged objectionable cartoons of Prime Minister Narendra Modi and Rashtriya Swayamsevak Sangh workers on social media.
It said Sadhguru has acquired uniqueness pertaining to his personality qua his voice, name, signature, image, likeness, vocal, articulation style and his unique attire, looks or appearance.
China accounts for about 70 per cent of global rare earth mining and nearly 90 per cent of rare earth magnet production, making it a dominant player and giving it significant leverage in global supply chains.
'As long as Sebi maintains transparency and market stability, the Jane Street episode is unlikely to deter long-term foreign capital.'
One of the six accused befriended the 20-year-old woman over Instagram months after she started attending a college in Palanpur in 2023.
Zetwerk Manufacturing, a $3.1 billion company in the contract manufacturing space, is planning to come up with an initial public offering within the next 15-24 months, a top company executive said on Saturday. The Bengaluru-based company aims to raise at least $500 million, targeting a valuation of around $5 billion.
The Supreme Court has agreed to hear the anticipatory bail plea of a cartoonist accused of uploading objectionable cartoons of Prime Minister Narendra Modi and RSS workers on social media. The Madhya Pradesh High Court had previously refused to grant him relief, observing it was a gross misuse of freedom of speech.
'India has the maths talent, academic institutions, and research institutions to do the next big thing.'
The Indian government has said that social media platform X will be held responsible for content generated by its artificial intelligence tool Grok. This comes after users on X asked Grok questions about Indian politicians and the AI platform responded with "unpalatable" answers. The government is currently in discussion with X to understand and assess how Grok works. The government has previously taken action against social media platforms for AI-generated content that has been deemed offensive. In this case, the government is considering holding X accountable for Grok's content, even though it is generated by an AI tool. The government's stance is likely to have implications for other social media platforms that use AI tools.
Many high-profile IPOs in India since 2021 have destroyed investor wealth due to overvaluation, weak business models, and post-listing disinterest, turning 1 lakh investments into as little as 3,500.
Maharashtra's elite Anti-Terrorism Squad (ATS) has arrested a Thane-based junior engineer on charges of spying, alleging that he provided sensitive defence information to a Pakistani intelligence operative who honey-trapped him online, officials said on Thursday.
More than one million cybersecurity incidents were flagged within 10 days.
Computer science has been an evergreen choice among engineering aspirants. However, with the rise in AI, students are increasingly realising the potential of automation and robotics.
'We will start reaching out to researchers, academics, and experts on AI from top universities and companies from across the world.'
The Delhi high court said on Friday the purpose of Right to Information (RTI) Act is to bring in transparency, and if any information has been sought, it should be made public unless exempted from disclosure under the law.
Union Minister Ashwini Vaishnaw had earlier called out the remarks made by Zuckerberg on the Joe Rogan podcast. "Mr. Zuckerberg's claim that most incumbent governments, including India in 2024 elections, lost post-COVID is factually incorrect," Vaishnaw had said in a post on X (formerly Twitter) on January 13.
The Indian government has introduced a bill in the Lok Sabha to ban online games played with money, aiming to curb addiction, money laundering, and financial fraud. The bill also targets advertisements and financial transactions related to such games.
Dixon Technologies' January-March quarter (Q4) results came in well below expectations, but the potential for signing up a new mobile client, and plans for backward integration into display manufacturing kept investors happy. Dixon's Q4FY24 revenue grew 52 per cent year-on-year (Y-o-Y) to Rs 4,660 crore, below Street consensus, due to weakness in consumer electronics (Rs 890 crore) and home appliances (Rs 294 crore) segments.
The setting up of STEAG is part of the Army's efforts to develop technologies considering the future battlefield, they said.
'The new Bill introduces no policy or rate changes, leaving financial planning strategies largely unaffected.'
'The considerations for choosing between the old and new tax regimes remain essentially unchanged.'
For the first time, the Data Security Council of India assembled a joint task force to source threat intelligence at the origin and ensure coordinated action across the cybersecurity spectrum.
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