VMUnify, incubated from staffers' idea, to be spun off into an independent company.
'But, then are we saying that armed forces must prepare for war? No'
India will not allow Chinese companies to participate in highway projects, including those through joint ventures, Union Minister Nitin Gadkari said on Wednesday amid the border standoff with China. Gadakri also said the government will ensure that Chinese investors are not entertained in various sectors like the micro, small and medium enterprises (MSMEs).
The partners intend to invest $2 million annually through the India Innovation Growth Programme for the entrepreneurs to develop technology-based solutions for the betterment of the society
The channel has begun forensic investigations into the leak of the next episode, which was put up on Reddit three days before the official release.
IT major Infosys on Thursday acknowledged that some users continue to experience difficulties in accessing the income tax portal and assured that it is working expeditiously, in collaboration with the income tax department to further streamline end-user experience.
The sources said Modi's pre-recorded video statement is expected to be broadcast at the UN General Assembly hall in New York around 9 am local time (6.30 pm IST) and added that he is scheduled as the first speaker in the forenoon.
The Trump Administration's consideration in this regard comes months after a successful meeting between Prime Minister Narendra Modi and President Donald Trump at the White House on June 26.
IIT Delhi is the first academic institute to have obtained the ICMR approval for a real-time PCR- based diagnostic assay. The development also comes against the backdrop of the Indian Council of Medical Research halting the testing for COVID-19 cases through China-made test kits because of massive variation in test results, compounding the challenge to check and contain the pandemic.
Close to 9,000 start-ups are currently banking with HDFC Bank and it has the bank now dedicated SmartUp zones in 70 branches in 30 cities across India.
Now, the NDAA needs to be passed by the Senate before it can be sent to the White House for the US President Donald Trump to sign into law.
The standoff between the government and the opposition in Parliament has showed no signs of easing after it erupted on the opening day of the Monsoon session on July 19.
The Trump administration has been very clear that the acquisition of advanced Russian technology sends the wrong message to Russia at a time when it continues its aggressions, the official said.
Top officials in key ministries, including finance and IT, are of the opinion that a sensitive payments system such as UPI should not be on a platform whose security is possibly compromised.
A model being considered is to have a combined cold chain approach - where the agricultural cold chain would be combined with vaccine cold chains.
Modi will arrive in France on Thursday evening and straightaway head for talks with Macron, who will also host a working dinner for the visiting leader.
'India enjoys the maneuverability of a coming big power.' 'It is this possibility that has persuaded Moscow to humour India and stayed Washington from getting punitive about India's neutrality on the Ukraine issue.'
Defence ministry incompetence hobbles development of battle-taxis for the Indian Army.
United States President-elect Joseph Biden has always been a strong supporter of India and India-US partnership since his days in Senate and later as a Vice-President.
Pullela Gopichand expects Indian athletes to claim an unparalleled double digit medal haul at the Olympics
He voiced concern that confusion, complacency and inconsistency in public health measures and their application are driving transmission and costing lives. Cautioning that the disease is not flu, he said young, healthy people have died from the coronavirus.
Access to India's defence market must be made conditional -- available only to those who are ready to make a long-term commitment in India, argues Ajai Shukla.
He will be in Mumbai for a day to deliver a keynote address at Future Unleashed.
'There's a huge need for advancements in current security incident logging and monitoring practices.'
The Summit for Democracy seems to have done more harm than good, notes Ambassador T P Sreenivasan.
'RCB is a natural choice for us, mainly due to our long-standing association with Virat Kohli.'
The data collated by Dealroom.co and revealed in London this week shows that the Indian investment figures coincided with record investment numbers registered by the UK in 2019, at USD 13.2 billion, behind the US (USD 116 bn) and China (USD 33.5 bn). Both India and the UK witnessed a record year in terms of investments into their respective technology sectors in 2019. India attracted tech investments worth USD 9.36 billion last year, which marks a 95 per cent hike on the previous year, it said.
As US President Joe Biden launched a new trade deal with 12 Indo-Pacific nations, including India, to enhance trade, economic and investment opportunities, China, which sees the pact as a threat to its dominance in the region, went on the offensive against it, promising more opening up, while the official media here termed it as "economic Nato".
"The contract for the detailed design would be signed soon and that will be a major milestone. It should be signed in the second half of the year," a top official involved in the negotiations with Russia on the project said.
Prime Minister Narendra Modi arrived in Washington, DC, on Wednesday on an official visit to the United States during which he will hold the first face-to-face meeting with President Joe Biden and his deputy Kamala Harris, attend the maiden in-person Quad summit and address the 76th session of the United Nations General Assembly in New York.
Now, India and US can jets, warships can use Indian bases
The speed at which he led the central bank in different areas -- ranging from internal reorganisation to inflation fighting, stabilising the currency, taking on rogue corporations, cleaning up bank balance sheets, and opening the sector -- makes one believe that Rajan knew he had only three years to do his job. A fascinating excerpt from Tamal Bandyopadhyay's MUST-READ Roller Coaster: An Affair with Banking.
In a powerful signal to New Delhi that the United States is a reliable defense partner, Senators Mark Warner and John Cornyn introduced US-India Defense Technology and Partnership Act in Senate
Apple has been lobbying hard for exemption from the mandatory 30 per cent local sourcing.
"As far as the US is concerned, we have certainly reached a level of no return. In other words, we have developed today what we call a Comprehensive Global Strategic Partnership. "We are cooperating across the board on areas that are of mutual interest to both our countries," said Shringla.
Many industry executives have said the draft e-commerce policy is being perceived as nationalistic but not overly protectionist and it is providing preference to Indian players against foreign companies. This might have an impact on investment by large players such as Walmart and Amazon in the country, said the executives. They said e-commerce was a very small portion of the retail industry and at a nascent stage and did not require heavy hammer regulations. Though the policy talks about being equally applicable to foreign and domestic players, it mentions that foreign direct investment (FDI) takes precedence over the e-commerce policy in any area of overlap.
The e-invoicing system will be rolled out in a phased manner from January 1 on a voluntary and trial basis, beginning with firms with a turnover of Rs 500 crore, while businesses with a turnover of Rs 100 crore or more will be required to do it from February 1.
The success of Anil Ambani's ambitious defence plan will depend partly on whether he can persuade government officials and international partners that he can build sophisticated equipment and partly on whether the PM can get India's notoriously slow procurement process to work, say Paritosh Bansal, Sanjeev Miglani and Promit Mukherjee.
While the scam highlights the need for an overhaul of the oversight mechanism of banks and of their internal controls, questions are being raised on why multiple audits failed to raise an alarm
Fund managers may end up losing out on crucial information during market hours, leading to information asymmetry vis-a-vis other institutional investors such as alternative investment funds, insurance players, or foreign portfolio investors.
