News for 'Transfer of Technology'

All eyes on Isro as India to launch Chandrayaan-3 today

All eyes on Isro as India to launch Chandrayaan-3 today

Rediff.com14 Jul 2023

Friday's mission is the fourth operational flight of LVM3 which aims to launch the Chandrayaan-3 spacecraft into a Geo Transfer Orbit.

Bill Gates lauds Digital India initiatives

Bill Gates lauds Digital India initiatives

Rediff.com1 Mar 2023

India's sprawling digital public infrastructure received a glowing endorsement from billionaire philanthropist Bill Gates on Wednesday as he praised the country's "great" digital network, reliable and low-cost connectivity, and said this will be the cheapest 5G market. Under the G20 presidency of India, a session on 'Building resilient and inclusive economies- the Promise of Digital Public Infrastructure' was held on Wednesday in New Delhi, where the Microsoft co-founder spoke of India's digital identity Aadhaar, its payment infrastructure, and rapid strides that the country has taken in bringing more people into formal banking system. "India in particular, by laying the groundwork for digital public infrastucture starting with identity system, allows people to build on top of that.

OK To Carry Your Phone To The Toilet?

OK To Carry Your Phone To The Toilet?

Rediff.com10 Jul 2023

One should use the mobile with needed discipline, advises Dr Karthiyayini Mahadevan.

Chinese Companies May Need Majority Indian Partners To Set Up Plants

Chinese Companies May Need Majority Indian Partners To Set Up Plants

Rediff.com31 Mar 2023

The government has asked industry to provide a list of Chinese suppliers that would like to shift some capacity to India provided they are willing to set up JVs with Indian companies.

FDI in defence: Investment of up to 49% may be allowed without tech transfer

FDI in defence: Investment of up to 49% may be allowed without tech transfer

Rediff.com4 Jun 2014

FDI in the defence sector during 2000-2014 has been a meagre $4.94 billion, despite the total FDI flow into the country across sectors standing at $321.81 billion.

'China's aggression, Russian's unreliability, convinced India to value US'

'China's aggression, Russian's unreliability, convinced India to value US'

Rediff.com6 Jul 2023

'India's specific concerns about whether Russia will be a reliable defense supplier and diplomatic partner in the event of heightened hostilities with China has undoubtedly accelerated the process of US-India defense and intelligence cooperation intended to support Indian military positions along the Line of Actual Control.'

SVB crisis: $200 mn worth start-up deposits moved to GIFT City

SVB crisis: $200 mn worth start-up deposits moved to GIFT City

Rediff.com17 Mar 2023

Around $200 million worth of deposits of Indian start-ups have been withdrawn from Silicon Valley Bank (SVB), which was taken over by US banking regulators last week after it collapsed, and moved to the Gujarat International Finance Tec-City (GIFT City) IFSC, Rajeev Chandrasekhar, minister of state (MoS) for electronics and information technology said on Thursday. "It turns out that there was over a billion dollars of deposits of Indian start-ups in SVB. "The existential, solvency crisis that was there six-seven days ago has become much more manageable, even the short-term liquidity crisis is being addressed as the bank allows access to deposits," the minister said while speaking at Lenovo's Tech World India Edition event.

Aim to double every 4 years: HDFC Bank MD after merger

Aim to double every 4 years: HDFC Bank MD after merger

Rediff.com1 Jul 2023

Having successfully executed the merger with parent HDFC, HDFC Bank's managing director and chief executive Sashidhar Jagdishan on Saturday said the country's largest lender aims to double every four years. In a letter to the over 4,000 employees from HDFC who joined the bank's rolls on Saturday, Jagdishan said the future is bright, and the work on realising the potential of the merger starts now. "The runway for financial services and mortgage, which are so underserved and under penetrated, is going to be very large. HDFC Bank - the combined entity - with a large and growing distribution and customer franchise, more than adequate capital, healthy asset quality and profitability, will be best positioned to capture growth.

At joint US Congress session, Modi's veiled attack on China, Pak

At joint US Congress session, Modi's veiled attack on China, Pak

Rediff.com23 Jun 2023

Prime Minister Modi also made a veiled reference to China, saying the global order is based on the respect for the principles of the UN Charter, peaceful resolution of disputes, and respect for sovereignty and territorial integrity.

Can RBI's digital currency replace physical cash?

Can RBI's digital currency replace physical cash?

Rediff.com15 Dec 2022

Despite the demonetisation of 2016 and the rise in digital transactions that followed, the economy's dependence on cash has remained as high as ever. So when the Reserve Bank of India (RBI) introduced a pilot project of its version of digital cash - called the central bank digital currency (CBDC) - on December 1, many questions were asked. Can the CBDC replace physical cash, even partially? Can it match cash in terms of convenience? Are CBDC transactions truly anonymous?

SC to hear Rana Ayyub's plea against ED summons on Monday

SC to hear Rana Ayyub's plea against ED summons on Monday

Rediff.com22 Jan 2023

Grover had said a summons was issued by the special court in Ghaziabad against Ayyub for January 27 and therefore the matter be listed urgently.

Did Modi change rules to give Dharavi project to Adani, asks Cong

Did Modi change rules to give Dharavi project to Adani, asks Cong

Rediff.com18 Apr 2023

Citing news reports, Ramesh said they have "exposed" in considerable detail how the process was manipulated to help the Adanis.

SC to hear Rana Ayyub's plea against ED summons

SC to hear Rana Ayyub's plea against ED summons

Rediff.com17 Jan 2023

The Supreme Court on Tuesday agreed to hear the petition of journalist Rana Ayyub challenging the summons issued to her by a special Prevention of Money Laundering Act (PMLA) court in Ghaziabad in a money laundering case lodged against her by the Enforcement Directorate (ED).

Two years on, is Yes Bank finally out of the woods?

Two years on, is Yes Bank finally out of the woods?

Rediff.com5 Apr 2022

Transiting from "survival mode", which took most of the management time in FY21, the bank has been able to take a long-term view in terms of growth and preparing technology in the past 12 months.

Seizure of over Rs 5,551 crore Xiaomi deposits get FEMA nod

Seizure of over Rs 5,551 crore Xiaomi deposits get FEMA nod

Rediff.com30 Sep 2022

The competent authority under the Foreign Exchange Management Act (FEMA) has approved an order of seizure of over Rs 5,551 crore worth of deposits of Chinese mobile phone manufacturer Xiaomi -- the highest amount frozen till date in India -- the ED said Friday. The agency charged the popular Chinese phone maker with remitting foreign currency equivalent to Rs 5,551.27 crore to three entities -- one Xiaomi Group company and two US-based unrelated entities -- in the guise of royalty. The Enforcement Directorate (ED) had first issued the order of seizure of these bank deposits on April 29 under the FEMA and later sent it for approval of the competent authority, as required under the law that regulates foreign exchange violations in the country.

India eyes rare feat as ISRO gears up for 3rd lunar mission

India eyes rare feat as ISRO gears up for 3rd lunar mission

Rediff.com12 Jul 2023

Four years after it broke many hearts, Indian Space Research Organisation's Chandrayaan is all set to soar towards the moon in its third expedition on Friday in an attempt to put the country in an elite club of nations that accomplished lunar missions with a soft landing.

'Aim to make FAME scheme more transparent'

'Aim to make FAME scheme more transparent'

Rediff.com14 Apr 2023

'The aim is also to probe how the ministry and testing agencies made negligence in examining these OEMs, so that such negligence is avoided in the future.'

Lok Sabha approves Delhi services bill by voice vote, AAP cries foul

Lok Sabha approves Delhi services bill by voice vote, AAP cries foul

Rediff.com3 Aug 2023

The Government of National Capital Territory of Delhi (Amendment) Bill, 2023, which will replace an ordinance promulgated for handling the transfers and postings of senior officers in the city government, was passed in the Lok Sabha on Thursday amid a walkout by opposition parties.

No internet in Manipur for 19 days now, normal life takes a hit

No internet in Manipur for 19 days now, normal life takes a hit

Rediff.com21 May 2023

Bimola Thounaojam, the mother of an 18-year-old youth, has been trying frantically trying to work out how to get her son admitted to a college outside Manipur without having to go through the usual net-based admission procedure.

Vivo sent Rs 62,476-cr worth turnover to China to avoid getting taxed in India: ED

Vivo sent Rs 62,476-cr worth turnover to China to avoid getting taxed in India: ED

Rediff.com7 Jul 2022

A whopping Rs 62,476 crore has been "illegally" transferred by smartphone maker Vivo to China in order to avoid payment of taxes in India, the Enforcement Directorate said Thursday, as it claimed to have busted a major money laundering racket involving Chinese nationals and multiple Indian companies. This money is almost half of Vivo's turnover of Rs 1,25,185 crore, it said without stating the time period of the transaction. The crackdown on the leading Chinese company came after the federal probe agency found that three Chinese nationals, all of whom "left" India during 2018-21, and one other person from that country incorporated as many as 23 companies in India in which they were also helped by a Chartered Accountant, Nitin Garg.

Need clarity on UID and related Direct Benefit Transfer

Need clarity on UID and related Direct Benefit Transfer

Rediff.com9 Jul 2014

'We expect the new government to look into the issue of penalties imposed on technology firms involved in UID related projects.'

'Imagine hostile forces getting their hands on data'

'Imagine hostile forces getting their hands on data'

Rediff.com22 Jun 2023

'Maybe the State wants to be watching people all the time. But when they are watching, others too may be watching!' 'The State is becoming more and more secretive while throwing people to the wolves.'

Relief for tech firms as I-T revokes circular on transfer pricing

Relief for tech firms as I-T revokes circular on transfer pricing

Rediff.com30 Jun 2013

Clarifies 'profit-split' will not be only method to compute tax

How To Handle Money Issues After Layoffs

How To Handle Money Issues After Layoffs

Rediff.com7 Jun 2023

Begin by creating a household budget. Involve all family members in the exercise and cut costs wherever possible.

Byju's disqualifies US lender for 'predatory' tactics, skips payment on $1.2 bn loan

Byju's disqualifies US lender for 'predatory' tactics, skips payment on $1.2 bn loan

Rediff.com6 Jun 2023

Edtech major Byju's on Tuesday said it has filed a complaint in the New York Supreme Court to challenge acceleration of the $1.2 billion Term Loan B (TLB). The company is also seeking the disqualification of Redwood, who contrary to the terms of TLB, purchased a significant portion of the loan while primarily trading in distressed debt. "Byju's has had to take these measures following a series of predatory tactics by the lenders, led by Redwood," the company said in a statement.

Congress fires fresh salvo at Centre on Rafale deal

Congress fires fresh salvo at Centre on Rafale deal

Rediff.com24 May 2015

The Congress on Sunday kept up its attack on the Narendra Modi government over the Rafale deal with France and questioned why the state-owned Hindustan Aeronautics Limited was kept out of the agreement for the purchase of the fighter jets.

The Political Mindset On Jobs Needs Change

The Political Mindset On Jobs Needs Change

Rediff.com20 Jun 2023

The challenge is to enhance opportunities for people to generate livelihoods through entrepreneurship, both big and small, argues R Jagannathan.

Directors' salaries under I-T scanner in new transfer pricing rules

Directors' salaries under I-T scanner in new transfer pricing rules

Rediff.com7 Oct 2013

Directors that are shareholders will also face more problems.

Ballot boxes, not EVMs to decide fate of Murmu, Sinha

Ballot boxes, not EVMs to decide fate of Murmu, Sinha

Rediff.com18 Jul 2022

The EVMs, officials explained, are not designed to register this system of voting.

Chandrayaan-3 lander separated, all eyes soft landing on Moon on Aug 23

Chandrayaan-3 lander separated, all eyes soft landing on Moon on Aug 23

Rediff.com17 Aug 2023

Lander Module of Chandrayaan-3 spacecraft comprising the lander and rover has successfully separated from the Propulsion Module, Indian Space Research Organisation said on Thursday.

'Don't Expect US Help In A War With China'

'Don't Expect US Help In A War With China'

Rediff.com20 May 2022

'The US will not want to tangle with China landwards.' 'Nor will the US confront the Chinese navy seawards on India's account.'

ISRO launches 2G navigation satellite into intended orbit

ISRO launches 2G navigation satellite into intended orbit

Rediff.com29 May 2023

The Indian Space Research Organisation (ISRO) on Monday successfully launched a second generation navigation satellite, using a GSLV rocket with a cryogenic upper stage to do the job.

First time in two decade, currency in circulation declines in Diwali week

First time in two decade, currency in circulation declines in Diwali week

Rediff.com3 Nov 2022

The currency in circulation (CIC) declined by Rs 7,600 crore in the Diwali week, making it the first such happening in two decades, a report said on Thursday. This was made possible courtesy of a greater reliance on digital payments by people, the report by economists at SBI said, adding that the Indian economy is undergoing a structural transformation at present. They clarified that the Diwali week in 2009 had also witnessed a marginal Rs 950 crore decline in currency in circulation, but that was purely due to the economic slowdown amid the global financial crisis.

All You Want To Know About Digital Rupee

All You Want To Know About Digital Rupee

Rediff.com4 Feb 2022

'The government will carefully regulate and monitor the Digital Rupee, and because the currency is supposed to be tied to INR or supported by reserves, we should expect little fluctuation in pricing.'

Why EVMs are not used in presidential elections

Why EVMs are not used in presidential elections

Rediff.com12 Jun 2022

The EVMs are based on a technology where they work as aggregator of votes in direct elections such as the Lok Sabha and state assemblies.

How Tatas plan to grab the $100 billion-plus global 5G market

How Tatas plan to grab the $100 billion-plus global 5G market

Rediff.com10 Aug 2021

The Tata group's tryst with mobile services, with either CDMA or GSM technology, did not really fly, forcing it to close operations and write off losses. Now the group is back in the big game, this time straddling the telecom equipment, network and technology space in India as well as the global market. To this end, it is leveraging the opportunities that flow from 5G technology through open radio access network, or O-RAN. Recently, the Tata Sons' subsidiary Panatone Finvest acquired 43.3 per cent in Bengaluru-based telecom equipment manufacturer Tejas Network for Rs 1,850 crore and announced it would buy another 26 per cent of the voting capital through an open offer.

Use of jail office, women visitors, cars at disposal...: ED in conman bail plea

Use of jail office, women visitors, cars at disposal...: ED in conman bail plea

Rediff.com20 Jun 2022

The probe agency sought to intervene in a plea of Chandrashekhar, who is lodged in Tihar jail on charges of money laundering and duping several people, and his wife seeking their transfer to a prison outside Delhi alleging threat to their lives from jail staff.

'A future war with China may start at a higher tempo'

'A future war with China may start at a higher tempo'

Rediff.com7 Aug 2023

'...and then get scaled down somewhat.' 'It will be difficult for any side to occupy meaningful territories, maybe just a bit here and there, and the destruction may vary on either side.'

Chandrayaan-3 completes final move, now gears up for...

Chandrayaan-3 completes final move, now gears up for...

Rediff.com17 Aug 2023

The spacecraft will now prepare for separation of the lander module -- comprising the lander and rover -- from the propulsion module.