News

Digital India movement to push nation towards Viksit Bharat, says IBM`s Sandip Patel The Digital India movement is the foundation for moving towards a Viksit Bharat, said Sandip Patel, Managing Director of IBM India.   In an interview with IANS, Patel said the country is witnessing this with the government’s significant investments in frontier technologies like AI, semiconductors, and quantum technologies. Here are some excerpts from the interview: IANS: How can India become the AI capital of the world? Patel: We are already seeing a huge amount of experim...
Digital India movement to push nation towards Viksit Bharat, says IBM`s Sandip Patel
Digital India movement to push nation towards Viksit Bharat, says IBM`s Sandip Patel
Source: IANS
2024-09-26 09:03:39 am
PM Narendra Modi pushing us to make AI work for people: Google`s Sundar Pichai Inspired by Prime Minister Narendra Modi’s vision around artificial intelligence (AI) and how he is pushing tech leaders to use it to address the most-pressing issues on the ground, Google is not only making a robust investment in AI in India but also looking forward to infusing more capital in the country, Alphabet and Google CEO, Sundar Pichai, has said.  Speaking on the sidelines of the CEOs’ roundtable with PM Modi here, Pichai said he is overwhelmed at the Prime Minis...
PM Narendra Modi pushing us to make AI work for people: Google`s Sundar Pichai
PM Narendra Modi pushing us to make AI work for people: Google`s Sundar Pichai
Source: IANS
2024-09-23 10:45:06 am
Black Box expands Indian workforce, targets 1,000 employees Black Box, a global leader in digital infrastructure and a key Essar technology investment, is set to significantly enhance its presence in India. In an interview with IANS, Sanjeev Verma, Whole Time Director of Black Box Ltd, detailed the company's ambitious expansion plans.  The Bangalore Center of Excellence, which has already doubled its workforce from 300 to 600, is now on track to grow further. Black Box aims to increase its workforce to between 800-1,000 employees in the ne...
Black Box expands Indian workforce, targets 1,000 employees
Black Box expands Indian workforce, targets 1,000 employees
Source: IANS
2024-09-18 04:20:07 pm
Solve Plastic Products coming with IPO to raise Rs 11.85 crore Solve Plastic Products Solve Plastic Products is coming out with an initial public offering (IPO) of 13,02,000 equity shares of face value of Rs 10 each for cash at a fixed price of Rs 91 per equity share.  The issue will open for subscription on August 13, 2024 and will close on August 16, 2024. The shares will be listed on NSE Emerge Platform. The share is priced at 9.10 times higher to its face value of Rs 10. Book running lead manager to the issue is Finshore Management...
Solve Plastic Products coming with IPO to raise Rs 11.85 crore
Solve Plastic Products coming with IPO to raise Rs 11.85 crore
Source: Accord Fintech
2024-08-12 02:31:53 pm
Jio becomes largest operator globally in terms of data traffic Jio has become the largest operator globally in terms of data traffic.  Jio is the largest 5G operator outside China with 130 million subscribers accounting for over 31 per cent of Jio’s wireless data traffic. Jio's total subscriber base has reached 490 million, including 130 million 5G users. Jio Platforms Limited's (JPL) revenue for Q1 FY25 stood at Rs 34,548 crore, up 12.8 per cent Y-o-Y. Its quarterly EBITDA came in at Rs 14,638 crore, up 11.6 per cent Y-o-Y. ...
Jio becomes largest operator globally in terms of data traffic
Jio becomes largest operator globally in terms of data traffic
Source: IANS
2024-07-20 10:07:38 am
Collective effort must to harness Artificial intelligence potential while limiting user harms: Ashwini Vaishnaw Artificial intelligence (AI) can be a very big tool to solve many socio-economic problems but we need to contain the risks associated with AI and the solution has to come via a global thought process as it cannot be done in isolation by any country, Union Minister for Electronics and IT, Railways and I&B Ashwini Vaishnaw, said on Wednesday.  Addressing the 'Global IndiaAI Summit 2024' in the national capital in the presence of global leaders and experts from 50 countries, ...
Collective effort must to harness Artificial intelligence potential while limiting user harms: Ashwini Vaishnaw
Collective effort must to harness Artificial intelligence potential while limiting user harms: Ashwini Vaishnaw
Source: IANS
2024-07-03 12:46:48 pm
Digital India symbolises an empowered nation: PM Narendra Modi Digital India symbolises an empowered country which boosts 'Ease of Living' and transparency, Prime Minister Narendra Modi said on Monday. The Prime Minister lauded the successful completion of nine years of the ‘Digital India initiative’, which was launched on July 1, 2015. Sharing a thread on X by MyGovIndia, the Prime Minister wrote: “A Digital India is an empowered India, boosting 'Ease of Living' and transparency. This thread gives a glimpse of the...
Digital India symbolises an empowered nation: PM Narendra Modi
Digital India symbolises an empowered nation: PM Narendra Modi
Source: Reuters
2024-07-02 09:36:34 am
Jio consolidates its leadership position by acquiring right to use spectrum in 1800 MHz band in 2 circles  In the Spectrum Auction conducted by the Department of Telecommunications which concluded on Wednesday, Jio, India’s largest digital services provider, acquired additional spectrum in the 1800 MHz band in Bihar and West Bengal.  With this acquisition, Jio's spectrum footprint has now increased to 26,801 MHz (uplink plus downlink), solidifying its leadership position. Jio has already deployed the largest amount of spectrum pan-India on bandwidth-efficient technologie...
Jio consolidates its leadership position by acquiring right to use spectrum in 1800 MHz band in 2 circles
Jio consolidates its leadership position by acquiring right to use spectrum in 1800 MHz band in 2 circles
Source: IANS
2024-06-27 10:48:13 am
India`s electronic manufacturing likely to reach around $250 bn in next 5 yrs India's electronic manufacturing is likely to reach around $250 billion in the next five years, according to media reports. At present, the electronic exports of the country stand at $125 to $130 billion. The government also plans to address the issue of unemployment by creating jobs in the electronic manufacturing sector. Presently, 25 lakh people are employed in this sector. In the next five years, the government intends to double the number of jobs in the sector, according to ...
India`s electronic manufacturing likely to reach around $250 bn in next 5 yrs
India`s electronic manufacturing likely to reach around $250 bn in next 5 yrs
Source: IANS
2024-06-16 12:49:51 pm
Hybrid work models offer significant opportunity for Indian video conferencing market: Logitech Tech firm Logitech India's head of B2B Anand Lakshmanan on Sunday said that the adoption of hybrid work models offers a significant opportunity for the country's video conferencing market. According to him, as the work landscape in the country continues to grow, emphasising flexibility, productivity, and cost efficiency, video conferencing becomes even more critical for maintaining team collaboration. "With our strong commitment to customer satisfaction, unwavering dedicati...
Hybrid work models offer significant opportunity for Indian video conferencing market: Logitech
Hybrid work models offer significant opportunity for Indian video conferencing market: Logitech
Source: IANS
2024-04-22 09:27:19 am
Homegrown products built on DPI to propel India towards $5 trillion economy: Experts Homegrown solutions and products built on top of the digital public infrastructure (DPI) by young entrepreneurs will pave the path towards India becoming a $5 trillion economy, industry experts said on Sunday. With successful mass adoption and larger economic impact, DPIs are impacting approximately 1.3 billion citizens, covering 97 per cent of India's population. The matured DPIs enabled a value creation of $31.8 billion, equivalent to 0.9 per cent of India's GDP in 2022, accor...
Homegrown products built on DPI to propel India towards $5 trillion economy: Experts
Homegrown products built on DPI to propel India towards $5 trillion economy: Experts
Source: IANS
2024-03-31 03:38:39 pm
Industry hails abolition of wireless operating license for ease of doing biz The industry on Tuesday welcomed the government’s progressive approach towards technological advancement of the nation, including the abolition of the wireless operating license (WOL). Union Minister for Communications and IT, Ashwini Vaishnaw, has announced a complete abolition of WOL that further simplifies the licensing processes in telecom. “By eliminating the need for wireless operating licenses, a simplified regulatory environment is expected to emerge, which would all...
Industry hails abolition of wireless operating license for ease of doing biz
Industry hails abolition of wireless operating license for ease of doing biz
Source: IANS
2024-03-13 10:02:48 am
India making headlines in supply chain localisation across industries: Ashwini Vaishnaw  India, which is an excellent destination for the services industry, is now making headlines globally in the localisation of supply chains across industries, especially electronics hardware, Union IT and Telecom Minister Ashwini Vaishnaw said here on Saturday. Launching India’s fastest and indigenously-designed IP/MPLS (Multiprotocol Label Switching) router at Nivetti Systems' campus in the city, the minister said that manufacturing has evolved overtime with various combinat...
India making headlines in supply chain localisation across industries: Ashwini Vaishnaw
India making headlines in supply chain localisation across industries: Ashwini Vaishnaw
Source: IANS
2024-03-10 09:11:04 am
Industry leaders hail government`s `IndiaAI Mission` initiative The industry leaders on Friday hailed the government's IndiaAI Mission initiative, the country's first artificial intelligence (AI) mission that was approved with an outlay of Rs 10,371.92 crore. The IndiaAI Mission will establish a comprehensive ecosystem catalysing AI innovation through strategic programmes and partnerships across the public and private sectors. "The focus on funding deep tech AI startups, developing open source databases, as well as domain-specific large...
Industry leaders hail government`s `IndiaAI Mission` initiative
Industry leaders hail government`s `IndiaAI Mission` initiative
Source: IANS
2024-03-09 08:49:11 am
Government`s digitisation push catalysing innovations in insurtech industry: InsuranceDekho CEO The government's push towards digitalisation and technology adoption has catalysed innovation within the insurtech industry, which bodes well for bolstering the growth prospects of the industry, Ankit Agrawal, Founder and CEO, InsuranceDekho, has stressed. In an interaction with IANS, he said that the government’s decision to promote Insurtech innovation can be considered a positive step towards the development of ingenious insurance products, distribution channels, and customer ...
Government`s digitisation push catalysing innovations in insurtech industry: InsuranceDekho CEO
Government`s digitisation push catalysing innovations in insurtech industry: InsuranceDekho CEO
Source: IANS
2024-03-04 10:04:27 am
Government initiatives boosting digital ecosystem across startups: Simplilearn Government initiatives such as ‘Digital India’ and ‘Startup India’ are empowering different sectors of the digital ecosystem such as fintech and edtech in a very positive way, Simplilearn co-founder and COO, Kashyap Dalal, said on Saturday. According to him, there are wide areas of interventions that the government has undertaken in the last 5-7 years, which is a boost for several digital ecosystem sectors. "One is the entire fintech stack. We have unified p...
Government initiatives boosting digital ecosystem across startups: Simplilearn
Government initiatives boosting digital ecosystem across startups: Simplilearn
Source: IANS
2024-03-03 08:52:58 am
Domestic manufacturing of semiconductors is the next big space: MeitY Secretary Secretary of Ministry of Electronics & Information Technology (MeitY) S Krishnan has said that domestic manufacturing of semiconductors is the next big space and many companies are expected to venture into this segment. He said that a $2 billion digital economy is what India seriously needs. He also said that the digital economy is expected to grow at a faster pace in the next few years. He noted that about 20 lakh people are employed in the electronics manufacturing sector in the country...
Domestic manufacturing of semiconductors is the next big space: MeitY Secretary
Domestic manufacturing of semiconductors is the next big space: MeitY Secretary
Source: Accord Fintech
2024-02-29 01:46:52 pm
ONDC wins `Start-up of the Year`award at 14th India Digital Awards The Open Network for Digital Commerce (ONDC) on Thursday said that it has been awarded the "Start-up of the Year'' at the 14th India Digital Awards. The award recognised ONDC's contribution in developing a one-of-its-kind Open Network for digital commerce in India. Instituted in 2010, the India Digital Awards recognise excellence in digital initiatives undertaken by government, businesses, and individuals in the country. "ONDC is delighted to be named Start-up o...
ONDC wins `Start-up of the Year`award at 14th India Digital Awards
ONDC wins `Start-up of the Year`award at 14th India Digital Awards
Source: IANS
2024-02-29 01:00:00 pm
Regulations enabled India to be global benchmark in fintech: Razorpay`s Harshil Mathur Regulations in the fintech industry have enabled India to become a global benchmark in fintech and unified payments interface (UPI)-based services are one such example, Harshil Mathur, CEO of full-stack financial services platform Razorpay, said on Monday. Speaking to IANS, Mathur said that regulations have played a crucial role in driving innovation, financial inclusion and co-creating financial literacy. “We firmly believe that regulations in the fintech industry have enabled In...
Regulations enabled India to be global benchmark in fintech: Razorpay`s Harshil Mathur
Regulations enabled India to be global benchmark in fintech: Razorpay`s Harshil Mathur
Source: IANS
2024-02-26 09:36:48 am
Aadhaar, Jan Dhan giving big push to digital India ecosystem: Instamojo`s CEO As the government rapidly adopts and moves forward in its digital journey, D2C (direct-to-consumer) tech company Instamojo's co-founder and CEO Sampad Swain on Sunday said that Aadhaar and Jan Dhan Yojana have given a big push to the whole digital India ecosystem. According to Swain, three different buckets of opportunities got created over the last three-four years. "One is the JAM Trinity (Jan Dhan, Aadhar and Mobile). Second is the availability of affordable credit, and thir...
Aadhaar, Jan Dhan giving big push to digital India ecosystem: Instamojo`s CEO
Aadhaar, Jan Dhan giving big push to digital India ecosystem: Instamojo`s CEO
Source: IANS
2024-02-25 06:16:52 pm
Paytm QR, Soundbox, Card Machine to work beyond March 15; nodal accounts moved to Axis Bank Leading payments and financial services company Paytm on Friday reassured its users that its mobile app, including the widely-used Made in India QR code, Soundbox, and Card Machine will remain operational without interruption even after March 15. This comes after a list of Frequently Asked Questions (FAQ) was released by the Reserve Bank of India (RBI) on Friday, which confirmed that its merchant payment devices will remain unaffected and work normally. The company also announced that i...
Paytm QR, Soundbox, Card Machine to work beyond March 15; nodal accounts moved to Axis Bank
Paytm QR, Soundbox, Card Machine to work beyond March 15; nodal accounts moved to Axis Bank
Source: IANS
2024-02-17 09:40:37 am
India 3rd largest digitalised country among G20 nations  India now ranks as the third largest digitalised country among the G20 nations after US and China, when compared by the aggregate level of digitalisation, a new report showed on Friday, stressing that India's global ranking significantly improves when the full spectrum and scale of digitalisation is taken into account. Digitalisation has made dramatic progress but the way it is being measured globally has not. Most global indices do not completely capture the path of digitalis...
India 3rd largest digitalised country among G20 nations
India 3rd largest digitalised country among G20 nations
Source: IANS
2024-02-16 03:26:41 pm
`Digital India` future skills summit to unveil 20 strategic collaborations The government on Wednesday said it will hold the first-ever ‘Future Skills Summit’ in Guwahati on Thursday where more than 20 strategic collaborations in skilling will be unveiled. The summit, to be inaugurated by Union Minister of State for Electronics and IT and Skill Development, Rajeev Chandrasekhar, is expected to see more than 1,000 dignitaries, including thought leaders, industry experts, policymakers, educators and technology enthusiasts. “Discussions will rev...
`Digital India` future skills summit to unveil 20 strategic collaborations
`Digital India` future skills summit to unveil 20 strategic collaborations
Source: IANS
2024-02-14 04:32:06 pm
Move to review CCI amid concerns over Google`s dominance a welcome move: ADIF The Alliance of Digital India Foundation (ADIF), a policy think-tank representing homegrown startups, on Monday welcomed the initiation of a performance review of the Competition Commission of India (CCI) by the Ministry of Corporate Affairs (MCA). Finance Minister Nirmala Sitharaman is likely to convene a meeting in this regard this month. The MCA's decision to scrutinise the functioning of CCI comes at a critical juncture when concerns about the regulator's efficacy in address...
Move to review CCI amid concerns over Google`s dominance a welcome move: ADIF
Move to review CCI amid concerns over Google`s dominance a welcome move: ADIF
Source: IANS
2024-02-12 05:16:36 pm
Government announces National Creator`s Awards for new-age influencers The government has announced the ‘National Creators Award’ to recognise new-age influencers and creators and celebrate India’s digital creator economy. The ‘National Creators’ Award’ aims to spotlight the diverse voices and talents that are shaping India’s growth and cultural narrative, driving positive social change, and fostering innovation and creativity in the digital sphere, said Ministry of Electronics & IT (MeitY). “Prime Minist...
Government announces National Creator`s Awards for new-age influencers
Government announces National Creator`s Awards for new-age influencers
Source: ians
2024-02-12 09:01:43 am
3 indigenously-developed tech transferred to 12 industries in India Three indigenously-developed technologies -- thermal camera, CMOS camera, and Fleet Management System -- were transferred to 12 industries in India on Sunday. During the launch of "Digital India FutureLABS Summit 2024" held at IIIT-Delhi, the technologies designed and developed by the CDAC (Centre for Development of Advanced Computing), Thiruvananthapuram under InTranSE Programme of Ministry of Electronics and Information Technology (MeitY) were transferred to these industries. ...
3 indigenously-developed tech transferred to 12 industries in India
3 indigenously-developed tech transferred to 12 industries in India
Source: IANS
2024-02-04 05:38:17 pm
`Digital India FutureLABS` to catalyse next wave of startups from India: MoS IT The government on Saturday launched the ‘Digital India FutureLABS’ initiative that will enable partnerships between the government, startups and large enterprises to foster the next-generation electronics design ecosystem, thus catalysing the next wave of startups from the country. Launching the initiative that aims to boost India's electronics and IT sector by establishing a research and innovation framework, promoting leadership in standards, IPs, systems and platforms, M...
`Digital India FutureLABS` to catalyse next wave of startups from India: MoS IT
`Digital India FutureLABS` to catalyse next wave of startups from India: MoS IT
Source: IANS
2024-02-03 04:30:03 pm
Reliance Industries celebrates Indias 75th Republic Day with employees, customers  Reliance Retail has launched a number of special discount schemes on the occasion of India's 75th Republic Day. Reliance Digital has launched Digital India Sale with best deals on popular electronics. The customers can avail up to Rs 26,000 discounts on using cards of different leading banks. The sale is on till 28th January with exciting offers on electronics including TVs, refrigerators, laptops, washing machines, and more! Reliance SMART Bazaar has brought back its po...
Reliance Industries celebrates Indias 75th Republic Day with employees, customers
Reliance Industries celebrates Indias 75th Republic Day with employees, customers
Source: IANS
2024-01-26 10:05:10 am
Essar`s Black Box expands footprints in India to serve local and global customers Black Box, a key investment in the technology and retail sector by Essar, has recently set up a state-of-the-art Center of Excellence in Bangalore.This center is designed to support global clients and is equipped with advanced R&D labs, command centers, service desks, and customised delivery operations tailored to meet clients' specific requirements."India holds significant importance as a market for us, serving both Indian conglomerates and global customers. We have a positive outlook on...
Essar`s Black Box expands footprints in India to serve local and global customers
Essar`s Black Box expands footprints in India to serve local and global customers
Source: IANS
2023-10-08 05:58:42 pm