GLOBAL INNOVATION INDEX
Persistent Systems hold smart school hackathon, may work with Atal Innovation Mission
The event received 100 applications from students in Pune and Nashik, of which 40 ideas were finalised. The selected ideas are all at a prototype stage, which the students would further refine or modify over the course of the 12-hour event.
Softness in margins shouldn’t last beyond Q3: Rajesh Gopinathan
We had spoken about the weakness in the BFSI space and that is also playing o...
How India's car market is undergoing a rapid change
Car companies have long tried to load vehicles with tech. But the level of tech and tech-...
'Singapore companies increasingly collaborating with Indian counterparts'
"As India pushes ahead with digitalization efforts, we see increasing opportunities in health-tech, rural-tech, ecommerce and smart city development,” said Peter Ong Boon Kwee, the chairman of Enterprise Singapore, which promotes Singapore companies globally.
FSII recommends making India global seed production hub & pushes for 200% deduction of R&D expenditure in the seed industry
The income tax deduction for the in-house R&D has been reducing over the last few years, it said. Through an amendment as per Finance Act 2016, the weighted deduction was reduced to 150% effective from April 1, 2017 through March 31, 2020 and it indicated a further reduction to 100% from April 1, 2020.
India top-most country for presence of social entrepreneurs: Study
It provides exposure, capacity building and a trusting community of social-change leaders within the World Economic Forum. It now represents 384 late-stage social innovators operating in more than 190 countries worldwide.
Domestic biz unaffected by India slowdown, says V Ramakrishnan
Though short term numbers are important but they are more specific to isolated pockets.
MG to display NextGen tech at Auto Expo in Greater Noida
The vehicles on display will demonstrate internet, electric, autonomous technology across hatchbacks, sedans and utility vehicles. “All MG products at the Expo operate at the intersection of our core focus on innovation, customer experience and sustainability-led development”, added Chaba.
The UPI effect: Why Indian banks need to up their cloud game in 2020
It is the banks that have to invariably do the heavy lifting for UPI transactions.
PlaySimple Games announces senior leadership appointments
These announcements come at a time when PlaySimple is looking towards the next phase of expansion after hitting a successful five-year milestone.
Wipro announces $150 million second venture fund
Buoyed by the success of its first $100 million fund launched in 2015, Wipro Ventures would continue to invest in early to mid-stage companies building innovative enterprise software solutions across key areas, including cybersecurity, application development, analytics, cloud infrastructure, test automation, and artificial intelligence, said the company.
MSME-EPC to hold meet to boost NE entrepreneurs
Entrepreneurs, innovators, venture capitalists, consultants, policy makers, academicians, business practitioners, innovators, banks and financial institutions, tax and company law experts will deliberate in their particular fields of expertise, the MSME- EPC chairman said.
Birla Carbon likely to raise up to $1.5 bn via offshore bonds
The company is expected to meet a group of bankers in Atlanta in the next few weeks as US Treasury yields are dropping this month, lowering global funding costs. It is in the process of appointing investment bankers. The US benchmark treasury yield, a key gauge for pricing global bonds, has dipped 13 basis points this calendar year until Wednesday.
Wipro Ventures sets up $150 mln Fund ll to invest in enterprise software cos
More than 100 of Wipro's global customers have benefited by deploying solutions from these portfolio companies. Companies within the portfolio have seen successful exits, including Demisto, a cybersecurity company that was acquired by Palo Alto Networks.
Govt launches award to laud breakthrough startups in cyber security
Registrations for the award are currently open and DSCI will be administering the Grand Challenge and the whole process will run for nine months under various stages.
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