‘Indian manufacturing sector embracing smart solutions led by advanced tech’

‘Indian manufacturing sector embracing smart solutions led by advanced tech’

Gandhinagar, March 15 - The Indian manufacturing sector is embracing smart solutions, with a shift towards automation and cyber-physical systems powered by advanced technologies, experts said on Friday.

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New govt scheme key to incentivise adoption of electric mobility: EV players

New govt scheme key to incentivise adoption of electric mobility: EV players

New Delhi, March 15 - Electric vehicle (EV) players on Friday welcomed the launch of the 'Electric Mobility Promotion Scheme 2024' by the Union Ministry of Heavy Industries, saying that the new scheme is a significant step forward in incentivising the adoption of

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PFBR proves India’s capabilities in advanced nuclear sciences, engineering

PFBR proves India’s capabilities in advanced nuclear sciences, engineering

New Delhi, March 15 - It is heartening that Prime Minister Narendra Modi recently visited Kalpakkam to witness the start of fuel loading in the Prototype Fast Breeder Reactor (PFBR). Commencement of fuel loading is a major milestone for PFBR, indicating that all

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Paytm Payments Bank deadline: What is in store for millions of users, merchants after March 15

Paytm Payments Bank deadline: What is in store for millions of users, merchants after March 15

New Delhi, March 15 - As the Reserve Bank of India’s (RBI) deadline to put certain business restrictions on Paytm Payments Bank Limited (PPBL) ends on Friday, here are some key changes for millions of Paytm users and merchants that will come into

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Abu Dhabi-backed investment firm in talks to back OpenAI’s chip venture

Abu Dhabi-backed investment firm in talks to back OpenAI’s chip venture

San Francisco, March 15 - Abu Dhabi's state-backed AI investment company MGX is in early-stage discussions to invest in OpenAI's ambitious chip venture, a media report said on Friday.

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upGrad boosts domestic expansion with senior appointments

upGrad boosts domestic expansion with senior appointments

New Delhi, March 15 - Ronnie Screwvala-led upGrad on Friday announced the appointment of Shailesh Mahale (former Zepto) as Corporate HR Head and Kumar Anshu (former OLX Group) as Head of Human Resource for Working Professional, Study Abroad and Offline segment.

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Paytm Payments Bank ban: Key changes come into effect post March 15

Paytm Payments Bank ban: Key changes come into effect post March 15

New Delhi, March 15 - As the Reserve Bank of India’s (RBI) deadline to ban Paytm Payments Bank Limited (PPBL) ends on Friday, here are key changes for millions of Paytm users and merchants that will come into force.

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US court orders Byju’s to freeze $533 million owed to lenders

US court orders Byju’s to freeze $533 million owed to lenders

New York, March 15 - The steering committee representing term-loan lenders of Byju's $1.2 billion loan on Friday said that a US judge has ordered to prohibit further movement or use of $533 million by the edtech company, which is owed to lenders.

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L&T Technology Services bags Rs 800 crore cybersecurity programme in Maharashtra

L&T Technology Services bags Rs 800 crore cybersecurity programme in Maharashtra

New Delhi, March 15 - L&T Technology Services Limited (LTTS) on Friday announced that it has won a first-of-its-kind cybersecurity programme in India worth around $100 million (about Rs 800 crore) from the Maharashtra state cyber department.

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Elon Musk’s SpaceX aces third test flight of Starship on Thursday

Elon Musk’s SpaceX aces third test flight of Starship on Thursday

San Francisco, March 14 - Billionaire Elon Musk's SpaceX successfully launched the third test flight of its huge Starship vehicle on Thursday.

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EU targets Big Tech platforms on GenAI risks ahead of elections

EU targets Big Tech platforms on GenAI risks ahead of elections

New Delhi, March 14 - Alarmed at the misuse of generative AI (GenAI) and deepfakes ahead of the elections, the European Commission on Thursday asked for information under the Digital Services Act (DSA) from Microsoft Bing, Facebook, Google Search, Instagram, Snapchat, TikTok, YouTube,

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A decade of science under PM Modi placed India on world pedestal: Union Minister

A decade of science under PM Modi placed India on world pedestal: Union Minister

New Delhi, March 14 - The leadership of Prime Minister Narendra Modi in the past 10 years boosted science in India and placed the country on the world pedestal, Union Minister of State (Independent Charge) for Science & Technology, Jitendra Singh, said on

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Korea Zinc, LG Chem partner for business opportunities in US recycling market

Korea Zinc, LG Chem partner for business opportunities in US recycling market

Seoul, March 15 - Korea Zinc, South Korea's leading nonferrous metal processing firm, said on Friday that it has partnered with chemical company LG Chem Ltd for business opportunities in the used plastics recycling market in the US.

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‘APAC’s market value expected to reach over $6 trillion by 2030’

‘APAC’s market value expected to reach over $6 trillion by 2030’

New Delhi, March 14 - Fuelled by e-commerce and its role in driving economic development and expanding trade, the APAC (Asia-Pacific) region's market value is expected to rise from $2.9 trillion in 2022 to $6.146 trillion by 2030, experts said on Thursday.

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India backs effort at UN to ensure AI is ‘secure, trustworthy’ & open

India backs effort at UN to ensure AI is ‘secure, trustworthy’ & open

United Nations, March 15 - India is behind an effort at the United Nations (UN) to ensure that artificial intelligence (AI) systems are “secure and trustworthy” and to keep them open and accessible to the Global South.

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MCA probe reportedly finds ‘financial irregularities’ at Byju’s; firm denies

MCA probe reportedly finds ‘financial irregularities’ at Byju’s; firm denies

New Delhi, March 14 - After the Ministry Of Corporate Affairs (MCA) investigative team submitted a report on Byju's that has details about alleged financial irregularities at the firm, the embattled edtech company said on Thursday that they are not "privy to any

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Adani Green Energy operationalises 300 MW wind power project in Gujarat

Adani Green Energy operationalises 300 MW wind power project in Gujarat

New Delhi, March 14 - Adani Green Energy Limited (AGEL) on Thursday said that it has operationalised 126 MW wind power capacity in Gujarat, marking the completion of the 300 MW of project, with 174 MW being operationalised earlier.

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Leverage.biz founder meets EAM Jaishankar, discusses innovation, education

Leverage.biz founder meets EAM Jaishankar, discusses innovation, education

New Delhi, March 14 - Founder and CEO of Leverage.biz, Akshay Chaturvedi, met External Affairs Minister (EAM), Dr S Jaishankar, and discussed innovation, education and the trajectory of India’s growth.

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95 pc Indian CIOs believe AI key for business in 2024: Report

95 pc Indian CIOs believe AI key for business in 2024: Report

Bengaluru, March 14 - About 95 per cent of Indian CIOs believe that the adoption of Artificial Intelligence (AI) is key for business in 2024, according to a report on Thursday.

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Tata Technologies appoints Sukanya Sadasivan as Chief Operating Officer

Tata Technologies appoints Sukanya Sadasivan as Chief Operating Officer

Pune, March 14 - Global engineering and digital services company Tata Technologies on Thursday announced the appointment of Sukanya Sadasivan as its new Chief Operating Officer (COO), who will focus on strengthening delivery, practice and internal digital and IT systems.

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