Indian start-ups breathed a sigh of relief after the UK government facilitated the acquisition of the now-defunct Silicon Valley Bank's (SVB's) British arm by HSBC. In a bid to allay fears, the US Federal Deposit Insurance Corporation (FIDC) announced recently that it had transferred all deposits of start-up-focused SVB to a newly created bridge bank and all depositors would have access to their money. President Joe Biden also sought to reassure jittery depositors that they can have confidence that the US banking system is "safe".
Union Education Minister Dharmendra Pradhan on Tuesday said the Centre is planning to set up 'PM Shri Schools' which will be aimed at preparing students for future and will be the laboratory of new National Education Policy (NEP). nbsp
Even as the government seeks to recruit one million people in 18 months, it is interesting that the record of its flagship skill development programme, which aims to enhance the employment potential of Indians, has been poor. To be sure, the progress was not great to begin with, and it inevitably deteriorated during the two years of the pandemic. When the government announced its first skill development initiative in 2015, it aimed to train as many people as possible and provide them with placements.
After withdrawing the personal data protection bill, the government is hopeful of getting a new legislation passed by the next Budget session of Parliament, Union minister Ashwini Vaishnaw has said. The government on Wednesday withdrew the Personal Data Protection Bill from the Lok Sabha. The Joint Committee on Personal Data Protection Bill, 2019, headed by BJP member P P Chaudhary, had tabled its report in Lok Sabha on December 16, 2021.
After withdrawing the personal data protection bill, the government is hopeful of getting a new legislation passed by the next Budget session of Parliament, Union Minister Ashwini Vaishnaw has said.
Arshdeep Singh has incurred the wrath of social media users since Sunday when he dropped a catch in the closing stages of a tense India-Pakistan match.
Junior minister for electronics and IT Rajeev Chandrasekhar briefly lost the verified blue badge on his Twitter handle on Monday after he changed his username on the microblogging platform.
The government fully supports foreign and Indian companies in leveraging Internet as "force of good" but will take all measures to ensure that Internet remains open and is not dominated by some big corporates, Minister of State for IT Rajeev Chandrasekhar said on Wednesday. Chandrasekhar said the government wants to make sure that intermediaries and the big platforms such as Meta (formerly Facebook) and others develop a culture of mutual respect and accountability between the platform and its users. "And we also want to make sure that given that a billion Indians are going to be there... women, children, elderly, pensioners, all of them, that the internet is also safe and trusted.
Without disclosing other shareholders, Republic Media Network said the statement was being issued to "clarify the details of its promoter shareholding" in view of "misleading" media reports making "false and mala fide claims about the exact ownership of the consolidated network." It said Goswami through his personal investment and family owned around 84 per cent shareholding in ARG Outlier Media Pvt Ltd at the time of launch of the English news channel Republic TV in 2017.
Tech giant Microsoft will set up its largest and fourth data centre in India at Hyderabad with an investment outlay of over Rs 15,000 crore over a period of 15 years. "I am very happy to say today that Hyderabad will be the destination for Microsoft's largest Data Centre investment in India with an investment of over Rs 15,000 crore over a period of 15 years. "This will be one of the largest FDIs that Telangana has attracted," Telangana Minister for IT and Industries KT Rama Rao on Monday said at an event marking the announcement of Microsoft's latest data centre region in Hyderabad.
India's tweaking of IT rules allow formation of Centre-appointed panels, that will settle often-ignored user grievances against content decision of social media companies, Minister of State for IT Rajeev Chandrasekhar said, adding that this was necessitated due to the "casual" and "tokenism" approach of digital platforms towards user complaints so far.
Member of Parliament Rajeev Chandrasekhar, while discussing the elections says in this interview with rediff.com's Vicky Nanjappa that the BJP will look back at their term as a squandered opportunity because of personal ambitions and dissidence.
Health Minister Mansukh Mandaviya, Civil Aviation Minister Jyotiraditya Scindia, Railway Minister Ashwini Vaishnaw and other ministers took charge of their respective offices on Thursday, a day after taking oath at a ceremony held in the Darbar Hall of the Rashtrapati Bhavan.
A reward of Rs 5 lakh was handed over those who helped the police identify the vandals who defaced the Amar Jyothi Memorial in Mumbai.
Vote right and vote responsibly. Make your vote count for a better Bangalore, says Rajeev Chandrasekhar in this special column for Rediff.com
A petition has been filed with the United Nation Human Rights Council by the Flags of Honour Foundation, Captain Kalia's father Dr N K Kalia and Member of Parliament Rajeev Chandrasekhar, against war crimes and the torture inflicted on Captain Kalia and five jawans by Pakistani forces.
An independent MP on Tuesday announced a reward of Rs 5 lakh to anyone providing credible information to police about the vandals who desecrated the Amar Jawan Memorial in Mumbai.
Anna Hazare and his team may not have managed to see introduction of their version of Lokpal Bill in Parliament, but an Independent MP on Monday submitted in Rajya Sabha a Private Member's Jan Lokpal Bill aimed at checking corruption.
"Too many scams are left unpunished. In the last 10 years, there have been some highly sophisticated economic crimes. There is an unfortunate belief that smooth talking the media and using complicated words can get them to bury the truth. I had to examine over 1,600 documents with complicated words just to come up with a simple 41-slides presentation. That is how things have become," Chandrasekhar told rediff.com after a presentation he made in the capital on Friday.
US tech giant IBM is betting big on the India growth story and plans to open more software development centres in the country as it looks to partner with the government in its digitisation journey, its chairman and CEO Arvind Krishna said on Friday. On a visit to India, Krishna met Finance Minister Nirmala Sitharaman, Telecom Minister Ashwini Vaishnaw and Minister of State for IT Rajeev Chandrasekhar to discuss deeper collaboration including skilling and workforce development. The firm that originally designed the technology and system behind ATMs, barcodes and the US social security net, is greatly enthused with the speed at which the Indian government is willing to make decisions and where it is moving, he told a select media briefing.
Rajeev Chandrasekhar, Rajya Sabha member of Parliament who has been extremely vocal about issues such as this and also the 2G spectrum scam, feels that there is a need to create special sessions of Parliament twice a year apart form the normal sessions in which only issues pertaining to legislation and also issues of national interest agenda must be discussed.
Tata group chairman Ratan Tata has blamed the Bharatiya Janata Party for many telecom flip flops that took place during its regime.
Back in 2007, Member of Parliament Rajeev Chandrasekhar had raised the issue and questioned the government's decision to allot 2G spectrum without calling for tenders. Chandrasekhar had warned the prime minister about the non-transparent methods of Raja and the scam that was brewing. He also wrote to all political parties to create a consensus on the issue
'They say our mothers lay the early foundation on which we build our dreams and lives. This holds true for me.' Kotak Mahindra Bank CEO Uday Kotak tells us about his mom's wonderful cooking.
But BSNL operates in the dynamic telecom sector with high growth rates. BSNL's problems have more to do with management and interference from the DoT.
Chandrasekhar's comments came within hours of Tata slamming him for the alleged subversive role played by him to change the telecom policies.
Chandrasekhar's letter seeks to convey the impression that the Tata Group kept quiet when it stood to benefit from violations of norms.
In corporate or military warfare, the rules of the game are the same. An opponent could attack the General first in the hope that if he falls then the army gets demoralised.
After engaging in a war of words with industrialist Ratan Tata, Rajya Sabha member Rajeev Chandrasekhar has now given a 7-point agenda to Telecom Minister Kapil Sibal suggesting that the ministry be made "free of lobbyists and wheeler-dealers" to clean up the sector.
Dubbing the debate triggered by Rajya Sabha MP Rajeev Chandrasekhar with Ratan Tata on 2G spectrum as 'futile', a Tata Group firm on Friday said his attack on a former telecom regulator was a 'cheap gimmick'.
Business Standard got in touch with CEOs and corporate promoters around the countr. Is India Inc shocked? Surprised at the tone and tenor of the letters? Most shied away from a comment, some were diplomatic and only a few were ready for plainspeak.
The move assumes significance as a series of reports recently citing internal documents showed "a struggle with misinformation, hate speech and celebrations of violence" in India - Facebook's biggest market with over 40 crore users.
There can be no serious argument for not having an independent regulator in every sector. Regulators in a sector are akin to independent directors on the board of a company who ensure that the game is played by some rules.
The estimated investment for the facility, which will undertake domestic and international projects, would be $100 million.
Since most projects can be shifted to other states, the problem will be minimal, especially if industry can find ways to make farmers partners in their profits.
Rajeev Chandrasekhar-promoted Jupiter Aviation kickstarted the development work at Hassan airport.
India Inc on Monday asked the government to pull out all stops to ensure availability of enough money to drive the economy on a high growth trajectory despite the global meltdown.
Communications Minister A Raja, who has been facing a lot of flak from GSM-based mobile firms on new spectrum allocation norms, received support from an unlikely quarter on Tuesday -- the former head of GSM lobby and fellow M P Rajeev Chandrasekhar. Once a strong advocate of auctioning spectrum, Chandrasekhar extended his support to the policy of allocating spectrum to all on equitable basis.
Joining the rush of companies looking for spectrum, BPL Mobile has applied for a unified access service licence in 21 of the country's 23 telecom circles.
Unlike film stars, who rarely attend sessions and seldom raise questions, industrialists seem to be better Parliamentarians.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances