Embattled Chinese telecommunications giant Huawei Technologies on Sunday (Sep 3) officially kicked off online sales for its latest highend flagship Mate 60 Pro, triggering widespread speculation on how the made in China 5G capable chipset was made despite strict U.S. trade sanctions.
unveiled the Mate 60 Pro, and its new phone that has sparked discussions about chip technology and China s ability to bypass the restrictions imposed by the US, as the phone maker built a 7nm chip for its phone.
Decision to Quit Early Not Taken under Any Pressure Uday Kotak stepped down as MD and CEO on Saturday from an institution that he founded 38 years ago, well ahead of the end of his term, causing anxiety among businesses and investors In an interview with MC Govardhana Rangan.
This year alone saw IT exports to the tune of USD 53 billion. 3.95 lakh crore rupees in Indian terms. Bengaluru has a very important role in this. It is known as the biggest Tech Hub of the country. Bengaluru s share of the country s total IT exports is 38 percent. It is worth 45 billion dollars. 10 lakh people are getting employment directly and 30 lakh people indirectly.
As India hustles to get its $10 billion semiconductor subsidy plan off the ground, the government is focused on microchips from an economic perspective producing these would save India valuable forex and provide jobs to youth. At the same time, semiconductor technology has become a geopolitical minefield.
SX8P gained 0.5 per cent as shares of Dutch semiconductor equipment maker ASML ASML.AS rose 0.8%. Miners .SXPP finished up 0.6% after rising nearly 2% intraday, as iron ore futures rallied on optimism over top steel producer China s policy support for its struggling property sector.
Indian IT and tech trade body Nasscom announced the appointment of Rajesh Nambiar, Chairman and Managing Director, Cognizant India, as its new Chairperson. On his appointment, Nambiar said, I am honored and humbled to support the Nasscom Executive Council as its Chairperson and look forward to working with all its stakeholders to continue to strengthen India s leadership as the most trusted tech partner for the world.
The skilled talent pool from institutes like IIT, IIIT, ISB, and BITS Pilani has contributed to the growth of various industries, including IT, biotechnology, pharmaceuticals, and finance. Hyderabad Pharma City, the proposed worlds largest integrated pharmaceutical industry cluster, has received interest from 500 companies.
In his address, Das commended India s thriving startup ecosystem, its vibrant talent pool, and the unwavering commitment to digital transformation. India, he emphasized, is focusing on leveraging technology to bridge gaps, empower individuals, and promote financial inclusion.
Muscat In line with the objectives of Oman Vision 2040, the Ministry of Labour (MoL) is working to centralise talent development efforts across the public and private sectors. The strategic move aims to bridge the gap between educational qualifications and labour market requirements, thereby fortifying the nation s human capital to meet the demands of an upcoming industrial shift.
Infosys shares remain in focus today after the IT major completed the acquisition of Danske Bank s IT centre in India. The acquisition is part of Infosys strategy to expand its footprint and reinforces commitment to the Nordics countries, a strategic market for the company.
The 2023 Brandon Hall Group HCM Excellence Awards recognizes best practices for initiatives in Learning and Development, Talent Management, Leadership Development, Talent Acquisition, Human Resources, Sales Performance, Diversity, Equity & Inclusion and the Future of Work.
Moreover, the overall ecommerce e-tail ecosystems GMV also grew by 22% to reach US$ 60 billion in FY2023. All of this is going to augment the Indian gig economy further. According to industry reports, it is anticipated that India s gig workforce will reach 2.35 crore by 202930, which clearly indicates the growing demand for this talent pool.
The Minister also said this will build capacities of the talent pool, and seamlessly connect students, youth, workforce, and microentrepreneurs, with futuristic technologies. Minister of State for Education Annapurna Devi and Minister of State for Electronics & Information Technology and Skill Development and Entrepreneurship Rajeev Chandrasekhar also graced the occasion.
India’s GDP is projected to experience a surge of 510% by 2030 on the back of an everincreasing battalion of Indian startups, including unicorns and soonicorns, among other factors The startupled disruption will not only result in job creation but also transform consumption patterns, with newage ventures addressing many challenges across sectors and industries.
The fate of the GPBLs second season lies with the court. Accel s Prashanth Prakash, Foundit’s Sekhar Garisa, Zerodhas Nithin and Nikhil Kamath, and Curefoods Ankit Nagori have one thing in common apart from being part of India s tech and startup space: they are all owners of teams in the Grand Prix Badminton League (GPBL) and currently at loggerheads with the Badminton Association of India.
Bhasin said he is launching an AIfocused startup, Snow Mountain AI, which aims to streamline and automate business processes in finance, compliance and legal domains Bhasin will be a parttime partner with Rebright and transition daytoday portfolio support, new investments and fund management to others Rebright Partners has invested in 23 Indian startups.
PIEDS, BITS Pilani has announced the launch of FinXcelerator, a nationwide initiative to accelerate fintech startups, in partnership with Reserve Bank Innovation Hub (RBIH) and ICICI Bank. This collaboration aims to promote innovation and create an inclusive environment for startups in the financial sector.
The theme for this year s summit is Breaking Boundaries which promotes the spirit of innovation, disruption, and exploration across geographies and industries. Priyank also spoke about scaling startups, promoting centres of excellence for incubation and innovation, and prioritising global alliances.
The funding round, which was a mix of equity and debt, was led by Prashasta Seth and also saw participation prominent family groups and funds Flipspaces said it will use the fresh funds to expand its operations on the West Coast of the US Flipspaces.
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Read MoreIndia’s semiconductor industry is riding a wave of momentum unlike any it...
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Read MoreLarsen & Toubro (L&T) on Wednesday announced its entry into the automotive...
Read MoreThe government has launched India Semiconductor Mission (ISM) 2.0 with an outlay...
Read MoreIndia has launched the ₹1.27 lakh crore India Semiconductor Mission 2.0, with...
Read MoreKarnataka has attracted the highest share of investments under the Centre's Electronics...
Read MoreThe app has five key features, including cyber awareness, cyber insurance, fraud...
Read MoreIndia’s startup story has a new address. Bengaluru has officially emerged as...
Read MoreBengaluru has emerged as India's premier hub for young entrepreneurs, with 21...
Read MoreBharat's Hub for Agritech, Resilience, Advancement and Incubation for Export Innovation (...
Read MoreTechnology startups raised $7.2 billion across 652 equity funding rounds between January...
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Read MoreGermany is emerging as a preferred destination for higher education and career...
Read MoreKarnataka ministers Priyank Kharge and Sharan Prakash Patil have said the state...
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