BUSINESS
Peak XV says Indian founders should win IAMAI elections on merit, don’t need quotas
Sources said that Peak XV, represented by Chief Public Policy Officer Shweta Rajpal Kohli, has voiced its concerns at a meeting of the tech lobby group where the resolutions were adopted
BUSINESS
IAMAI reserves leadership, 50% of governing council seats for Indian companies
During IAMAI's EGM on October 10, Members of the body's governing council also passed a resolution reserving the top 3 positions in the industry body for Indian companies
BUSINESS
India's space economy to touch $44 billion by 2033, says IN-SPACe Chairman Pawan Goenka
Space regulator Indian Space Promotion and Authorisation Centre also estimates $22 billion investments in the Indian space sector by 2033 and $11 billion exports
BUSINESS
French astronaut Pesquet dreams of flying to outer space with an Indian astronaut
French astronaut Thomas Pesquet mentioned that during his time in space, he captured multiple photos of India.
BUSINESS
ISRO sets sights beyond 'Earth system' after Chandrayaan-3 success, aims exploration of planetary systems
Indian Space Research Organisation Chairman S Somanath said that the government is interested in bringing more foreign investment in the space sector, and for that, the FDI policy for space will be released soon
BUSINESS
MeitY, MIB sent blocking orders to X (Twitter) on viral video of Muzaffarnagar teacher
The viral video from Muzaffarnagar in Uttar Pradesh showed a teacher showering communal remarks on a seven-year-old Muslim student and goading his classmates to thrash him
BUSINESS
Quantum leap: C-DAC to develop indigenous chip for quantum computing
The Centre for Development of Advanced Computing (C-DAC) is looking for a startup who can develop a general quantum chip capable of being used in research and other applications.
BUSINESS
New import authorisation system for laptops, PCs, tablets now open for companies
With the industry set to start applying for import clearance for laptop, PCs, and tablets, the fee for such authorisations is expected to be between Rs 1,000 and Rs 1 lakh
BUSINESS
Upcoming Digital India Bill may reinforce TRAI's net neutrality regulations
The bill may make it mandatory for intermediaries to comply with the Prohibition of Discriminatory Tariffs for Data Services, a piece of regulation that was brought in by TRAI to uphold net neutrality principles in India
BUSINESS
Digital India Bill: Govt may ban new tech if it poses a risk to users, country
To stop a developer or a publisher of a new and emerging technology from deploying it despite not getting the necessary clearance, the government is likely to bring in provisions of penalty against both stakeholders, Moneycontrol has learnt
BUSINESS
Digital India Bill may bring in guardrails against AI algorithms, offer opt-out rights
The bill may make it mandatory for bodies to explain to citizens the rationale behind a decision taken by an algorithm, and how it arrived at the decision by processing of which particular user data
BUSINESS
Telcos' demand threatens net neutrality, may spur Big Tech dominance: Startup founders
PhonePe CEO Sameer Nigam, People Group CEO Anupam Mittal, and Innov8's Ritesh Malik explain how, if the principle of net neutrality is diluted in India, may compromise the nation's entrepreneurial and competitive capabilities
BUSINESS
Startup founders, including Paytm, Zerodha, PhonePe, urge TRAI to strengthen net neutrality
This comes in response to telecom companies' suggestion to the Telecom Regulatory Authority of India (TRAI) that they be paid compensation by OTT and internet companies for covering network expenses.
BUSINESS
MC Explains: What Moody's said about Aadhaar and why India is not pleased
New York-based global investor service Moody’s has ridiculed Aadhaar, saying it is rife with “service denials” and that its biometric technologies are unreliable.
BUSINESS
62% increase in API attacks on Indian financial sector: CERT-In joint white paper
The majority of cyber attacks on APIs deployed in the Indian financial sector was due to security misconfiguration, the joint white paper by CERT-In, Mastercard, and CSIRT-Fin said
INDIA
Pakistani cyber attackers using country domain code to target Indian defense personnel
This comes at a time when various branches of the Indian defense, including the Indian Navy, have been targeted by threat actors.
BUSINESS
Relief with riders: Govt likely to defer import curbs on laptop, tablet, PCs till Sept 2024
For now, manufacturers have to put in their organisation and import data details for 3 years in an online Import Management System which the DGFT is currently developing, sources said
BUSINESS
Govt is planning GPU cluster to boost Indian AI startups, says Rajeev Chandrasekhar
Speaking in Delhi a day before the groundbreaking of a semiconductor packaging and assembling plant by Micron in Gujarat's Sanand, Chandrasekhar said the project will serve as a signal to other chip companies and investors to take India more seriously in the global electronics value chain.
BUSINESS
Major internet, tech firms to write to MeitY for extension on DPDP Act transition
An extended transition period would provide certain data fiduciaries with the necessary time to align their operations with the requirements outlined in the Digital Personal Data Protection Act.
BUSINESS
Internet giants seek extended transition for DPDP Act compliance on children's data
Minister of State for Electronics and Information Technology Rajeev Chandrasekhar said that the government expects transition for most of the provisions of the Act, except provisions on age-gating and so on, within 12 months.
BUSINESS
DPDP Act: MeitY appoints key official for setting up Data Protection Board
Minister of State for Electronics and Information Technology Rajeev Chandrasekhar said that the Data Protection Board under Digital Personal Data Protection Act will be notified within 30 days
BUSINESS
Govt to notify Data Protection Board, release rules of DPDP Act in a month
Apart from exemptions to certain classes of data fiduciaries from immediately complying with the Digital Personal Data Protection Act, the government expects entities to comply with the law within a year, Minister of State for Electronics and Information Technology Rajeev Chandrasekhar said.
BUSINESS
MC Explains: What is NavIC and will it ever replace GPS in India
NavIC offers a positioning accuracy of 3 metres, depending on signal strength and availability of satellites, while GPS has an accuracy of 5 metres. ISRO is planning to launch more satellites in the NavIC constellation, and make its coverage global.
BUSINESS
MC Explains: MeitY for separate agency to promote robotics
The National Strategy on Robotics ambitiously aims to establish India as a global robotics hub.
