Deeptech firms hail draft policy, flag friction points – The Economic Times

Binny Checks Out; Walmart Stake in Flipkart Hits 80% Walmart s shareholding in Flipkart is likely to rise to around 80%, strengthening its ownership of the Indian ecommerce firm, as cofounder Binny Bansal and other minority investors sell more shares to the Bentonville, USbased retailer, according to regulatory filings in Singapore, accessed by ET Binny Checks Out; Walmart Stake in Flipkart Hits 80% Walmart s shareholding in Flipkart is likely to rise to around 80%, strengthening its ownership of the Indian ecommerce firm, as cofounder Binny Bansal and other minority investors sell more shares to the Bentonville, USbased retailer, according to regulatory filings in Singapore, accessed by ET(Startups).

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Corporate governance lapses at startups prompt LPs to opt for direct investments; VCs lose out – Money Control

First came the money, now come the questions. Funds may have poured into Indian startups during the pandemic years, but questions surrounding corporate governance have now taken centre stage at several newage companies, as well as at the funds that pumped money into them. This comes after concerns around corporate governance have come up at Byju s, Mojocare, GoMechanic and many more.

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BW Disrupt’s Techtors 2023 recognizes innovative tech startups redefining industries – Exchange 4 media

After a dull first half of the year that was riddled with challenges on various fronts, the advertising and marketing industry is now looking at the second half with renewed hope and determination. One of the primary reasons for this optimism is the upcoming festive season, which traditionally has seen a surge in consumer spending and marketing activities.

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AWS, Accel to back GenAI startups in India – The Times of India

AWS India and venture capital firm Accel on Monday announced a sixweek accelerator programme exclusively for startups engaged in building generative AI solutions The program, called ML Elevate, aims to support generative AI startups by providing them access to AI models and tools, mentoring and networking opportunities, and up to $200,000 in AWS credits , aside from other curated resources.

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Sangfor Technologies launches its Cyber Guardian MDR services in APAC, ETCIO SEA – The Economic Times

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Parliament Panel Report Reveals Seven Key Cybersecurity Concerns in India s Finance Sector – Medianama

94 lakh in FY 2023, according to the report presented by the Parliament Standing Committee on Finance on July 27, Cybersecurity and Rising Incidence of Cyber/White Collar Crimes in India The report presents an analysis of cyber frauds in the digital payments and lending sector in India, with comments from industry representatives, the Ministry of Home Affairs, the Department of Revenue and the Reserve Bank of India on the types of cyberattacks that people are commonly affected by and the issues that hinder effective investigations of these crimes.

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No plans for data encryption policy despite rise in number of breaches – The Economic Times

Data provided by the minister showed a rising trend in the number of data breach incidents reported and tracked by Indian Computer Emergency Response Team (CERTIn), the government designated national agency for responding to cybersecurity threats The number has gone up between 2015 and 2023, with zero incidents reported in 2015 and 2016, 2 in 2017, 5 in 2018, 11 in 2019, 36 in 202, 39 in 2021, 51 in 2022, and 49 in 2023 (till June).

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Interview: Karnataka IT/BT, RDPR minister Priyank Kharge on reviving state s social infrastructure – The South First

We have formed the Karnataka Digital Economy Mission that has been given the sole responsibility to figure out what skillssets are required beyond Bengaluru, regional aspirations in that area, how clusters can be strengthened in vertical specific industries. Belagavi has good potential for aerospace. Kalaburagi can have small manufacturing units. Mangaluru has great potential for animation and IT services sector.

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Digitalization Drives Era of Growth for Small and Medium Businesses in India – SME Street

The findings point to transformation in the SME sector driven by the shifting landscape of the new digital economy, the vast influence of technology, and the everincreasing influence of SaaS on businesses. Capterra India, the world s leading software reviews and selection platform, recently released the results of its Digitalisation of Indian SMEs survey, a new study capturing the voice of small and medium businesses in India.

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AWS and Accel join forces to launch accelerator program for Generative AI startups – Business Today

According to a recent study by the National Association of Software and Service Companies (NASSCOM), generative AI startups in the country have raised over $475 million in private investments from January 2021 to May 2023. Vaishali Kasture, Director of AWS India and South Asia at Amazon Web Services India said ML Elevate will empower startups in the sector to develop industry focused solutions and foster innovation to drive the digital economy.

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Al People management: AI chatbots may conduct your next performance appraisal – The Financial Express

According to Nasscom, India is expected to face a shortage of 200,000 skilled IT professionals by 2024. However, generative AI can help alleviate the impact of this talent scarcity by offering a flexible workforce capable of achieving higher productivity levels. In fact, generative AI is becoming increasingly popular in India, with technology companies announcing plans to leverage its capabilities.

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AI detecting AI: how to identify an AI cheater – Indiaai Gov

AI can produce increasingly humanlike writing, pictures, music and video. There have been reports of students using it for cheating, and an industry has emerged around AIauthored books claimed by people as their work. Students using AI tools such as ChatGPT to complete their work is one of the major concerns in the academic sector. AI can produce increasingly humanlike writing, pictures, music and video.

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