BUSINESS
Bengaluru's Pixxel wins contract to develop space tech for US surveillance body
Bengaluru-based space tech start-up Pixxel will equip United States' National Reconnaisance Office (NRO), a Department of Defence surveillance and intelligence body, with hyperspectral imagery-enabled remote sensing capabilities
BUSINESS
Inside IIT Madras: Ace startup mentor Ashok Jhunjhunwala says entrepreneurs must be ready to fail multiple times
The renowned academic advised them to be ready to fail multiple times, be realistic that they would not be able to draw any salaries at first, and develop skills in multiple domains in order to make it big as entrepreneurs.
BUSINESS
Inside IIT Madras: Meet the professor who is cofounder of 6 deep-tech startups
Satyanarayanan Chakravarthy is one of almost 100 faculty members of IIT Madras who is involved in entrepreneurship and startups.
BUSINESS
Inside IIT Madras: Institute may work on regional alternative to ChatGPT, says director V Kamakoti
In an interview with Moneycontrol, Kamakoti said a ChatGPT alternative is possible by leveraging data from the government’s Swayam platform
BUSINESS
Inside IIT Madras: Big industry prefers Chinese chips over Indian
The biggest issue IIT Madras-made Shakti faces is that it’s unproven, has less mindshare, and lacks scale, say industry watchers, and add that sometimes great engineers need great marketers
BUSINESS
Inside IIT Madras: What makes the institute's ecosystem a deep tech haven
Over the last two decades, the faculty at IIT Madras took a conscious decision to concentrate more on translational research -- to focus not just on research but also on commercialisation. This and the subsequent establishment of the IIT-M Research Park has resulted in the incubation of over 200 deep tech companies, whose valuation run over Rs 50,000 crore.
BUSINESS
IN-SPACe announces Rs 1 crore seed fund scheme for early space tech start-ups
Indian National Space Promotion and Authorization Centre (IN-SPACe) has come up with this scheme to address the issue of funds crunch that early stage space tech start-ups face as financial institutions or commercials banks do not come forward due to lack of clarity on future prospect
BUSINESS
Inside IIT Madras: Institute working on AI solution for text to speech translation of Indian languages
IIT Madras director V Kamakoti said that researchers working at the Nilekani Centre at AI4Bharat have developed a 9-language text to text translator, and that they are working on converting translated text into speech.
INDIA
Digital rights group opposes need for Aadhaar authentication to access grievance portal
On February 28, the Ministry of Electronics and Information Technology (MeitY) had launched the online portal for submitting user appeals on decisions of grievance redressal officers of platforms such as Meta, Google and others.
BUSINESS
Meta's proposed Twitter competitor: A look into the possible privacy risk
While lawyers are exercising caution in regards to their opinion on the subject, mostly stating that the cross-platform data transfer will likely be put down in a new privacy policy, digital rights activists have slammed the proposed move
BUSINESS
TN plans space industry park near upcoming Isro facility
Such parks would provide a one-stop location for space-tech-related infrastructure such as testing facilities and services, regulatory sandbox, technology standards and so on
BUSINESS
IIT Kanpur launches two-year MTech program on drones
IIT Kanpur director Abhay Karandikar said that the MTech in UAV will require students to complete 150 credits of coursework and thesis research work
BUSINESS
More IT committee members dismiss minister's claim on nod to data protection bill
Members of the Pariamentary Standing Committee on Communications and IT have dismissed Minister for Electronics and IT Ashwini Vaishnaw's claim that the committee had given an approval to the draft Digital Personal Data Protection Bill in advance
BUSINESS
Approval for data protection bill: Parliamentary panel member Karti Chidambaram dismisses IT minister's 'untrue' claim
Minister for Electronics and Information Technology Ashwini Vaishnaw had said that the Standing Committee on Communications and IT had "in advance" examined the draft Digital Personal Data Protection Bill before the bill was brought into the Parliament, and that it gave the bill a "big thumbs-up"
BUSINESS
Telangana government inaugurates 78,000 sq ft prototyping facility T-Works
Foxconn chairman Young Liu who was present during the inauguration of T-Works, donated to T-Works a surface mount technology (SMT) line, used for assembling high-end electronics circuit boards.
BUSINESS
Foxxcon chairman bets on Telangana, says working with state will double company's revenue
Telangana Chief Minister K Chandrasekhar Rao and iPhone supplier Foxconn's Chairman Liu signed an expression of interest to invest in the state, with the aim of creating 1 lakh jobs there
BUSINESS
iPhone supplier Foxconn to invest in Telangana, 'create 1 lakh jobs'
The investment comes at a time when the Centre has said it will approve two applications to set up electronics chip manufacturing plants in the country
BUSINESS
Hyderabad firm's AI, blockchain platform promises to end menace of phishing messages
HDFC Bank has partnered with Tanla Platforms to curb phishing, even as regulators across the globe are starting to realise the impact of phishing and are seeking solutions
BUSINESS
In future, definition of children in data protection bill will be based on safety of platform: Rajeev Chandrasekhar
In an interview with Moneycontrol, Union Minister of State for Electronics and Information Technology Rajeev Chandrasekhar said that although the definition of children will be as those below the age of 18, when the Digital Personal Data Protection Bill rolls out, it will be reviewed and the age bar would be lowered or increased based on how safe or exploitative a platform has been
BUSINESS
MHA wants start-ups to create voice recognition software to combat cyber call fraud
This comes at a time when, with the adoption of digital payments skyrocketing, the instances of cyber frauds done through social engineering have increased manifold.
BUSINESS
Ex-defence officials develop quantum computing-resistant video conferencing for Navy
Last week, the Data Security Council of India-incubated start-up won the Ministry of Defence's Innovation for Defence Excellence (iDEX) Open Challenge (IDEX SPRINT)for developing the solution for the Indian Navy.
BUSINESS
Indian defence services seek cyber-security, surveillance products
The army, air force and navy floated their requirements as part of the Defence India Startup Challenge
BUSINESS
Did CCTV play a part in misidentifying 'custodial torture victim' Mohammed Khadeer as a suspect?
Not just Hyderabad, there has been a massive push towards the installation of surveillance technology in the entire country. If this recent incident is considered, it shows that technologies like CCTV can also harm citizens -- in this case by playing a role in the misidentification of a person as a suspect in a crime.
BUSINESS
Centre explores self-regulatory mechanism for fake news, deep fakes
This comes a few weeks after the government, in a draft amendment to the IT Rules, proposed that news items identified as fake or false by the Press Information Bureau's fact checking unit will be forced to be removed from social media platforms.
