Company Law Committee, a government appointed panel is expected to discuss whether there is a need for a stricter regulatory regime for startups against the backdrop of instances of corporate governance concerns at some of the entities, an official told PTI.
Govt likely to look at regulatory regime aspects for startups – KNN India Read More »
Startup Funding slowdown Funding to Indian startups tanked about 77 percent in the first seven months of 2023 compared to the same period last year, worsening the fund crunch at a time when industry watchers warn about the overestimation of India s internet market.
Funding to Indian startups fell 77% from Jan July 2023 over 2022 – Money Control Read More »
Amazon Web Services (AWS) and venture capital firm Accel are announcing ML Elevate 2023, a six week accelerator program aimed at empowering startups that are building generative artificial intelligence (AI) applications.
The state government is eying CDAC products and services like high performance computing, strategic electronics, multilingual and heritage computing, software technologies, cyber security and forensics, quantum computing, health informatics, education and training.
Bhopal: P Super Computers To Be Set Up In 4 Major Cities – Free Press Journal Read More »
The government is on the job, he said citing a recent parliamentary committee report that proposed to set up a centralised Cyber Protection Authority (CPA). In an interaction with the panel, the finance ministry highlighted four major trends in cybercrime one related to using cryptocurrencies.
GST Council may propose block on gaming services that flout tax laws – Hindustan Times Read More »
The first signs of localisation of the semiconductor ecosystem are beginning to show up. After Micron announced its plans to set up a packaging and testing unit in India, at least 4 to 5 of the top suppliers of components and materials to the semiconductor industry are set to follow suit, according to top industry sources.
He added that fabless companies can design in India with the IP owned in the country on their own or in partnership with domestic startups to become eligible for the incentives. The DLI scheme is aimed at incentivising chip designing in India by supporting the sale of designs for Integrated Circuits (ICs), Chipsets,System of Chips (SoCs), Systems or IP Cores.
Real estate giant Hiranandani group, which is venturing into the semiconductor space through its company Tarq Semiconductors, expects an approval for its compound semiconductor fab project from the government in the next two months, Darshan Hiranandani, chief executive officer of the group, told FE in an interaction.
This facility, which will in phases expand to 300 chip design engineers performing high-tech roles, will comprise members from top Synopsys teams such as Hardware Analytics and Test (HAT) and Hardware Development Group(HDG), including HDG Analog and HDG Design/ Verification, CMO Odisha said in a statement.
Global Chip Design Maker Synopsys To Set Up Bhubaneswar Centre – Business World Read More »
The Union government is evaluating a proposal to include large multinational companies in India s 200 million design linked incentive (DLI) scheme if they were designing chips in the country, said Rajeev Chandrasekhar, minister of state for electronics and information technology (IT).
India could allow global firms to avail incentives under DLI – Live Mint Read More »
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