India, Vietnam key beneficiaries as global firms scout for supply chains outside of China: Nomura

India, Vietnam key beneficiaries as global firms scout for supply chains outside of China: Nomura

New Delhi, May 28 - As the multi-national companies recognise the importance of diversifying supply chains, India and Vietnam are the key beneficiaries as global firms are looking for supply chain alternatives outside of China, a new report by global investment bank Nomura

Read More
Blood cancer cases may be rising among young adults in India, say experts

Blood cancer cases may be rising among young adults in India, say experts

New Delhi, May 28 - Chronic myeloid leukaemia (CML) -- a rare, yet treatable type of blood cancer -- is significantly rising among young adults, aged 30 to 40 years, in India, warned doctors on Tuesday.

Read More
Global firms must tap local display manufacturing opportunities in India: Industry leaders

Global firms must tap local display manufacturing opportunities in India: Industry leaders

New Delhi, May 28 - India is set for a significant leap in local manufacturing of displays which presents a golden opportunity for global companies seeking to diversify their display supply chains beyond certain geographies, industry leaders said on Tuesday.

Read More
Lava appoints Rajesh Sethi as new Group CFO

Lava appoints Rajesh Sethi as new Group CFO

New Delhi, May 28 - Homegrown electronics manufacturer Lava International on Tuesday announced the appointment of Rajesh Sethi as the new Group Chief Financial Officer.

Read More
80 pc Indian employers believe tech added flexibility, helped promote gender equality

80 pc Indian employers believe tech added flexibility, helped promote gender equality

New Delhi, May 28 - About 80 per cent of employers in India believe that innovation powered by technology has helped them be more flexible, promoting more gender equality, according to a new report on Tuesday.

Read More
Zoho’s Sridhar Vembu invests in homegrown drone startup Yali Aerospace

Zoho’s Sridhar Vembu invests in homegrown drone startup Yali Aerospace

New Delhi, May 28 - London-based consumer tech brand Nothing on Tuesday announced the appointment of Vishal Bhola as President for India business.

Read More
Nothing appoints Vishal Bhola as President for India biz

Nothing appoints Vishal Bhola as President for India biz

New Delhi, May 28 - London-based consumer tech brand Nothing on Tuesday announced the appointment of Vishal Bhola as President for India business.

Read More
‘This is not correct’: WhatsApp head on Musk’s claims on Meta sharing user data

‘This is not correct’: WhatsApp head on Musk’s claims on Meta sharing user data

New Delhi, May 28 - WhatsApp head Will Cathcart on Tuesday said the claim made by X owner Elon Musk that the Meta-owned messaging platform exports your user data is "not correct."

Read More
IIT Bombay, TCS to develop India’s 1st Quantum Diamond microchip imager

IIT Bombay, TCS to develop India’s 1st Quantum Diamond microchip imager

Mumbai, May 28 - The Indian Institute of Technology (IIT) Bombay on Tuesday announced a strategic partnership with IT services major Tata Consultancy Services (TCS) to develop India's first Quantum Diamond microc

Read More
AI-powered MR publishing platform Flam raises Rs 38 cr from Turbostart, others

AI-powered MR publishing platform Flam raises Rs 38 cr from Turbostart, others

New Delhi, May 28 - AI-powered mixed reality (MR) publishing platform Flam on Tuesday said that it raised Rs 38 crore ($4.5 million) in a pre-series A funding round led by Turbostart, AI-focused Twin Ventures, Alphatron Capital, and notable angel investors, along with

Read More
Wipro, IISC’s Centre for Brain Research tie up to boost AI-based health innovations

Wipro, IISC’s Centre for Brain Research tie up to boost AI-based health innovations

Bengaluru, May 28 - IT services major Wipro on Tuesday announced a partnership with the Centre for Brain Research (CBR), a non-profit research organisation, hosted at the Indian Institute of Science (IISc) to develop personalised AI-based health innovations.

Read More
Water tech major Wabag secures Rs 85 crore order for Oman desalination plant

Water tech major Wabag secures Rs 85 crore order for Oman desalination plant

Mumbai, May 28 - Water technology major Va Tech Wabag on Tuesday said it has secured an order worth around Rs 85 crore from Nama Water Services in Oman for the operation and maintenance of the Al Duqm desalination plant for five years.

Read More
India-US CEO Forum’s WG7 launch bilateral knowledge-sharing platform for MSMEs, startups

India-US CEO Forum’s WG7 launch bilateral knowledge-sharing platform for MSMEs, startups

New Delhi, May 27 - In a bid to help Micro, Small and Medium Enterprises (MSMEs) and startups integrate better in the global supply chain, the India-US CEO Forum’s Working Group 7 (WG7) on Monday launched the bilateral knowledge-sharing platform between India and

Read More
Ex-Porsche engineer Manfred Harrer joins Hyundai in top role

Ex-Porsche engineer Manfred Harrer joins Hyundai in top role

Seoul, May 28 - Hyundai Motor Group said on Tuesday it has hired a former Porsche engineer who led the development of the luxury sports car brand's first electric vehicle (EV), Taycan, as it strives to further improve its vehicles' performance.

Read More
South Korea to open joint AI research lab in US

South Korea to open joint AI research lab in US

Seoul, May 28 - South Korea's science ministry said on Tuesday it will create a joint artificial intelligence (AI) research lab with New York University (NYU) in the US.

Read More
Build grounds for fair competition in AI-related industries: S. Korea’s antitrust regulator

Build grounds for fair competition in AI-related industries: S. Korea’s antitrust regulator

Seoul, May 27 - South Korea's antitrust regulator said on Monday it hosted a conference on artificial intelligence (AI) and competition policy with the Organization for Economic Cooperation and Development (OECD).

Read More
South Korea’s space agency officially launched to foster industry growth

South Korea’s space agency officially launched to foster industry growth

Seoul, May 27 - The Korea AeroSpace Administration (KASA) officially opened its doors on Monday to devise South Korea's space policy and foster the growth of the country's space industry.

Read More
Fintech leaders hail PM Modi on India leading in UPI

Fintech leaders hail PM Modi on India leading in UPI

New Delhi, May 27 - Fintech leaders on Monday hailed Prime Minister Narendra Modi on India leading in unified payments interface (UPI), saying that the country's fintech landscape is now a hotbed for innovation, reflecting the nation's fearless spirit.

Read More
India urgently needs stem cell donors to fight blood disorders, say experts

India urgently needs stem cell donors to fight blood disorders, say experts

New Delhi, May 27 - India is urgently in need of stem cell donors to fight blood cancer that kills over 70,000 lives every year, said experts on Monday ahead of World Blood Cancer Day.

Read More
DoT takes action on over 10K fraudulent messages sent using 8 SMS headers

DoT takes action on over 10K fraudulent messages sent using 8 SMS headers

New Delhi, May 27 - The Department of Telecommunications (DoT), which comes under the Ministry of Communications & Information Technology, on Monday said that it took action on more than 10,000 fraudulent messages that were sent using eight SMS headers in the last

Read More