News Updates - KDEM - Technology Enabler

Modi frames 2024 battle: Fight against corruption, nepotism, appeasement; singles out a parivaarvadi party – The Indian Express

Their life mantra is that their political party belongs to the family, through the family and for the family, Nepotism and partisanship are the enemies of our talent pool. These parties deny capabilities and refuse to accept their competence. And therefore, for the strengthening of the democracy of this country, we must liberate ourselves from nepotism.

August 16, 2023

Revamp of industrial policy to make Karnataka No 1 manufacturing hub in Asia – The New Indian Express

He said initiatives to revamp the state s industrial policy to make it more progressive, to set up worldclass industrial infrastructure, digital service delivery system, bestinclass investment promotion agency, ensure futureready talent pool, and to foster collaboration and implement forwardthinking policies will be taken.

August 16, 2023

Top Indian companies have very few people with disabilities on rolls – The Economic Times

Even as a growing number of companies embrace affirmative action and commit to hiring a diverse workforce, India’s top corporates have only three persons with disabilities ( PwD) for every 1,000 employees on rolls, an ET analysis showed.

August 16, 2023

Truly inclusive workplaces can and should be created – Live Mint

In order to tap talent from the LGBTIQ+ community, organizations should work with business teams to foster the proactive hiring of diverse talent in a meritocratic manner, scrub job descriptions of gendered language, conduct sensitization workshops for recruiters to eliminate unconscious biases, and tap the right avenues to access talent.

August 16, 2023

A supportive environment for startups; 8th place for Bangalore in global ranking – TV9 Kannada

Additionally, it became the only Indian city to feature in the top 10 in 2023. National capital Delhi is ranked 13th while San Francisco and New York are ranked 1st and 2nd respectively in the global list of 50 cities.

August 16, 2023

AIG Hospitals Chairman bags life time achievement award – Bizz Buzz

Dr Reddy received the award from Sadguru Sri Madhusudan Sai of Sri Sathya Sai University for Human Excellence (SSSUHE), Karnataka. JA Chowdary, Founder, India Startup Foundation (ISF) was present during the event.

August 16, 2023

Aster DM Healthcare Q1 FY24 Revenues up 21 per cent YoY to Rs. 3,215 Crs Q1 FY24 EBITDA up 33 per cent YoY to Rs. 388 Crs – ANI News

The strong growth across both India and GCC regions and various cost improvement initiatives enabled even higher improvement in our EBITDA performance which recorded a robust growth of 33 per cent to Rs. 388 crores.

August 16, 2023

Bengaluru ranks 8th in Global Startup ecosystem, Delhi at 13 – News 9 Live

Bengaluru helps India draw a consolation victory in global startup ranking. India s own Silicon capital of Bengaluru is ranked 8th globally in terms of startup ecosystem in the latest such survey. It is in fact the only Indian city to be ranked among the top 10 in 2023.

August 16, 2023

Dunzo Down In Several Bengaluru Areas Amid Salaries Delays Of OffRoll Workers – Inc 42

To be sure, Dunzo has been shutting down dark stores across the country for the past few months, as it has reverted to its original operating model partnering with established stores for products while the startup supplied tech and logistics support in a revenuesharing model.

August 16, 2023

Check Point to acquire cybersecurity startup Perimeter 81 for $490 Mn – ET CIO SEA

This strategic move marks an exciting period for our company, partners, and customers. By joining Check Point, a global leader in cyber security for over 30 years, we aim to deliver the premier SASE platform in the market,” says Amit Bareket, CEO at Perimeter 81.

August 15, 2023

Cold Chain Infra Woes Drag Goa MSMEs – KNN India

A new study conducted by Assocham Goa and consultancy firm Grant Thornton, has found that Goa s cold chain sector is facing a number of challenges, including inadequate storage capacity, technological limitations, and logistic gaps.

August 15, 2023

Cyber Threat: Notorious Threat Actor Puts Indian Forces Classified, Confidential Data on Sale | Exclusive – News 18

A notorious threat actor has claimed to have hypersensitive and classified data of various Indian forces, including the Indian Army, Indian Air Force, and Border Security Force, and put it on sale in cyberspace.

August 15, 2023

GIDC moots common infra in clusters for mfg units – The Times of India

What is required for the fish industry, might not be the same required for a pharmaceutical industry, or let us say a skill industry,” he added. GIDC has asked industry bodies such as GCCI, GSIA, ASSOCHAM and others to recommend if specific industrial estates can be developed based on the cluster approach.

August 15, 2023

Parul University s MBA to navigate the business world by equipping students with industry skills and business ethics – Hindustan Times

Given the valuedriven and industrygeared learning, Parul University, recognised as the Highest in Placements by the renowned educationoriented body ASSOCHAM, has been the top choice for several bright aspiring management students.

August 15, 2023

Sify to invest Rs 3K crore in 5 years to boost data centre capacity – Business Standard

According to Nasscom, global data centre market investments are expected to reach $200 billion per annum by 2025 and India is expected to get a share in this growth with investments in the country expected to reach approximately $5 billion per annum in two years.

August 15, 2023

The Most Pressing Cybersecurity Threats in Everevolving Internet Landscape How can Organisations and Working Professionals Address them – Express Computer

During the preInternet era of landline phones and mobile phones, cybersecurity threats were mainly in the form of maninthemiddle attacks where the attacker or perpetrator secretly intercepts, relays, and possibly even alters the communications or messages between two parties.

August 15, 2023

U.S. Issues Draft Cybersecurity Guidelines for EV Charging Networks – Live Mint

While the Biden administration pushes carmakers to electrify their products to help address the climate crisis, the main U.S. agency for technology and competition is pressing for cybersecurity guidelines for the industry to guard against domestic and international hacking.

August 15, 2023

Apple supplier Foxconn profits down by 1%, eyeing growth in EVs, AI – The Times of India

A booming artificial intelligence sector has helped the Taiwanbased contract electronics manufacturer Foxconn to beat its secondquarter forecasts. However, the company reported a 1% drop in Q2 net profit as global economic issues affect the demand for smart consumer electronics.

August 15, 2023

Commerce secretary says no proposal to put import curbs on more electronic goods – Live Mint

The minister also said that semiconductors form a major part of all electronic products therefore as a result of growth in the electronics manufacturing sector, the semiconductor market in India has also witnessed proportionate growth over the last few years.

August 15, 2023

Fabless Startups Chip In to Build Robust Supply Chains in 2023 – Inventiva

Fabless Startups Chip In to Build Robust Supply Chains in 2023 Companies that create their intellectual properties (IPs), like Encore Semiconductors, a startup headquartered in Chennai, are at the bottom of the supply chain structure.

August 15, 2023

Foxconn takes bold leap beyond product assembly: Taiwanese giant eyes expansion of key components in India – Business Today

Beyond its core activities in contract manufacturing, Foxconn has also entered the semiconductor domain. While its joint venture with Vedanta, led by Anil Agarwal, has been discontinued, the company remains committed to India.

August 15, 2023