Under the government rules, it is mandatory for certain categories of company to spend, in every financial year, at least two per cent of the average net profits made during the three immediately preceding financial years, in pursuance of its corporate social responsibility (CSR) policy.
"Innovation needs legal protection. We are now working on administrating the laws properly. We are modernising patent offices," the commerce and industry minister said at a CII function here.
The country is making all out efforts to strengthen cyber laws and data protection framework, he said at the Mindmine Summit while outlining India's aspiration to become a big centre for data analysis,
"We are working on creating Sweden-India partnership on innovation. We hope to refine and come (out) with a couple of concrete flagship programmes. They are not quite finalised," he told reporters here.
Releasing a World Bank report on innovation in developing countries, he said: "I think we can do a Silicon Valley in India in the next five years..as the world is changing, we can leapfrog.
The 'social alpha energy challenge' aims to discover technology innovations with solutions to India's energy challenges or make existing energy networks cleaner and more affordable, Tata Trusts said in a statement.
"The future belongs to those who innovate," Netanyahu said in his opening remarks at a power breakfast with top corporate honchos at the iconic Taj hotel overlooking the Arabia Sea.
Modi was speaking after he and his Israeli counterpart Benjaman Netanyahu dedicated to the nation a centre for entrepreneurship and technology in Deo Dholera village near Ahmedabad.
Speaking at the inauguration of the 6th Annual International Commerce Conference here, he lamented that the country missed the industrial and entrepreneurial revolutions in the 80s and 90s due to licence raj.
According to Capgemini's Digital Transformation Institute's report released today, Silicon Valley is no longer the default option for firms seeking to open an innovation centre. Globally, it now accounts for only 13 per cent of innovation centres compared to 18 per cent in 2015.
Atal Innovation Mission - an initiative of Niti Aayog - will celebrate Atal Tinkering Lab community day tomorrow.
The US-based aerospace giant launched the 'Boeing HorizonX India Innovation Challenge 1.0' in collaboration with T-Hub, an incubator for startups promoted by the Telangana government.
According to a global survey by KellyOCG, about 55 per cent of respondents comprising 522 companies across the globe (including India), believe that digital innovation for recruitments is going to be the new normal.
Delivering a lecture on innovation at the Gujarat Chamber of Commerce and Industry (GCCI) here, Pitroda also opined that people should move on from the issues such as Ram Temple or about history.
Tata Sons chairman raises concerns over access to services as key issue plaguing the industry
India's ranking was elevated on the basis of five parameters — Institutions, Infrastructure, business sophistication, knowledge and technology outputs and creative output.
Coinciding with the Earth Day today, the Energy and Resources Institute (TERI), the Innovative Finance Foundation (IFF) and 3WAYSTE company signed an MoU to collaborate on the rollout of a breakthrough technology for municipal solid waste management.
The second Forbes '30 Under 30' Asia list 2017 features 300 impressive young entrepreneurs -- 30 in 10 categories, including entertainment, finance and venture capital, retail, social entrepreneurs and enterprise technology, under the age of 30 years who are pushing the boundaries of innovation.
To keep employees motivated and productive, many organisations are seeking new ways to maximise the use of time spent at work.
Addressing a conference on "Mentoring Grassroots Entrepreneurs in Smart Grams for Inclusive Growth" at Rashtrapati Bhavan, Mukherjee said with 68 per cent of population still living in rural areas, smart development can take place only if villages and villagers become smart.
Israeli media reported that the deal worth approximately USD 15.3 billion was the largest ever cross-border acquisition for an Israeli tech firm.
Through the course of this 4-part special series, we will bring you the stories of 12 entrepreneurs who have disrupted their industries through their ideas and innovation. They have spurred new trends which is an inspiration for all.
"One of the drivers of growth for the industry in the next 5 to 10 years is innovation. We, as a sector, haven't innovated enough. The biggest innovation has come from people outside the traditional FMCG marketers," said Marico Managing Director and Chief Executive Officer Saugata Gupta.
Xinhua reported that Xi told the National People's Congress (NPC) on Sunday that Shanghai should try to ensure its free trade zone was a bastion of reform and financial innovation.
"Maybe... India clearly is the top centre of innovation in the world," Caine told PTI when asked whether Thales is planning to open its new India innovation centre.