Technology Industry

Vice President C P Radhakrishnan on Sunday said research and innovation are the twin engines that will drive India's journey towards technological leadership. He also said true 'Atmanibhrta' comes when innovations reflect nation's identity and serve not only our own people, but the entire humanity. Delivering his address as chief guest at the 20th convocation of the National Institute of Technology in Kurukshetra, he also asked young graduates to always stay away from drugs. The vice president said that in today's world each field is undergoing transformation at a pace humanity has never seen before. Technology today has become a powerful enabler that is reshaping industries, redifining innovations and reimagining the way we live and work, everything is changing, he said addressing the gathering. "It is important to note that research and innovation are the twin engines that will drive India's journey towards technological leadership," Radhakrishnan said. "...Your generations mus

Digital infrastructure provider CloudExtel on Thursday said it has raised Rs 200 crore in debt from a leading private sector bank to accelerate the development of AI-ready digital infrastructure and expand its metro fibre network across India. The Mumbai-headquartered company did not disclose the name of the lender. The capital infusion is complemented by a proportional follow-on equity investment from CloudExtel's existing shareholders to support its expansion plans, according to a company statement. The debt will be used to fund CloudExtel's upcoming Data Centre Interconnect (DCI) network initiative, aimed at providing high-capacity, low-latency, and redundant connectivity between data centrescritical infrastructure for AI workloads, cloud computing, and digital content delivery. The network will debut in Mumbai, followed by expansion to major metro cities including Bengaluru, Hyderabad, Delhi, and Pune. These funds will help us scale more rapidly, deepen our infrastructure ...

Schneider Electric on Monday announced its partnership with Vellore Institute of Technology (VIT) to establish a Centre of Excellence (CoE) in Smart City and Smart Factory Technologies at VIT's Vellore campus. The centre aims to advance innovation, research, and skill development in emerging domains critical to India's digital and sustainable future, the company said in a statement. The initiative reflects Schneider Electric's strong commitment to nurturing next-generation talent and creating opportunities for students to engage with cutting-edge technologies that are shaping the industries of tomorrow. The first batch will onboard 1,100 students with an aim to multiply manifold in the next few years. "Through this CoE, we aim to create a vibrant platform where ideas evolve into real-world applications driving innovation, research, and entrepreneurship in domains that will shape the smart cities and industries of the future," Deepak Sharma, Zone President - Greater India and MD &

Tamil Nadu has signed a strategic memorandum of understanding with ANSR, a global leader in establishing and scaling Global Capability Centres for fortune 500 companies, the government said. This partnership marks a significant milestone in strengthening Tamil Nadu's position as one of the world's most attractive destinations for technology, innovation and high-value global services. Leveraging Tamil Nadu's dedicated GCC policy, unparalleled employability, and fastest growing tech workforce, the collaboration with ANSR is expected to generate significant investments, advance innovation capabilities and create more than 10,000 high-value GCC jobs in Tamil Nadu, a press release said. "Through this partnership, ANSR will help bring in the next wave of global corporations. We will support them with policy enablement, fast approvals, site selection and strong talent linkages," Minister for Industries TRB Rajaa said. "We want Tamil Nadu to be the world's most competitive GCC destination.

The world's most populous nation has used a $10 billion fund to fuel its chip programme, helping to bring about several assembly, packaging and testing ventures

Dell Technologies on Wednesday announced the appointment of Anurag Arora as senior director and general manager, consumer sales for India market. Arora will drive business growth, sales and strategy for the consumer segment across the India market, the company said in a release. He brings 28 years of experience with brands across sales, product management, channel distribution, large format retail, e-commerce and brand websites. Arora joined Dell Technologies in July 2020, and has since played a key role in shaping strategies for the India consumer business, including Dell.com and retail channels, the release added. Rajkumar Rishi, Vice President and General Manager, Consumer Business, Asia Pacific and Japan, Dell Technologies noted Arora's understanding of the omnichannel landscape and proven track record of driving growth are invaluable assets for the company. "Under his leadership, we are confident in advancing our strategic priorities, delivering innovative technology and ...

Corporate earnings logged a 3rd straight quarter of double-digit growth, underpinned by strong performances from OMCs, Metals, Telecom, Technology, Cement, NBFCs - Lending, and Capital Goods.

Technology-led smart agriculture holds the key to building a Viksit Bharat, Niti Aayog member Ramesh Chand said on Tuesday. "The agri-tech landscape is evolving rapidly, from genetic modification and precision farming to data science and ICT-based advisory systems," Chand said, while addressing an Assocham event here. He said farmers today must have access to capital, knowledge, and partnerships that enable them to adapt to this transformation, according to a statement. "Every technology brings both a solution and a challenge; we must ensure innovation also respects sustainability and environmental balance," Chand said, adding that India is not just a food-secure nation, but one moving towards value addition and climate-smart agriculture. The Niti Ayog member said 46 per cent of the the country's population is employed in the agricultural sector, making it the largest contributor to the Viksit Bharat mission, with significant growth observed in tier-II regions such as Assam and Mad

Smaller outfits - far from household names, not nearly as wealthy but eager to get in on the AI boom - have started to build their own giant data centers

Firms will match investments up to $2 million in founders building breakthrough technologies from semiconductors to robotics

The firm has set up a new entity, GX Quantum Photonics Pvt. Ltd, which will mark its entry into the segment and lead local manufacturing in partnership with SMART Photonics BV

IT company Black Box expects 15 per cent year-on-year growth for the next four years as it eyes to cross the USD 2 billion revenue mark by fiscal year 2029, a senior company official said. Black Box President and CEO Sanjeev Verma told PTI that the company expects that its planned acquisition may add up to USD 750 million in incremental revenues. "With a quarterly order book averaging USD 500 million, the company anticipates closing the fiscal year with a backlog 30-40 per cent higher than last year, providing strong forward visibility," Verma said. The company had posted revenue of Rs 1,387 crore, about USD 160 million, in the first quarter ended June 30, 2025. "For FY'26, we are guiding revenues in the range of Rs 6,750-7,000 crore. This outlook reflects the momentum in our core business and the steps we are taking to build a stronger foundation for sustained growth," Verma said. The BSE-listed digital infrastructure solutions provider and part of the Essar Group has unveiled an

Finance Minister asks fintechs to focus on trust, safety and financial inclusion

We should refrain from weaponising technology: FM Sitharaman at Global Fintech Fest 2025.

The Centre has proposed setting up an online Assistive Technology Portal for certification, procurement, tracking, distribution, and grievance monitoring as part of the draft rules to regulate standards and accessibility of assistive devices for persons with disabilities. The draft Assistive Technology (Standards and Accessibility) Rules, 2025 lay down a comprehensive framework covering classification, certification, procurement, affordability, user safety, and integration of assistive technology into existing health and social welfare schemes. The rules classify assistive technology into three categories of essential (such as wheelchairs, spectacles, hearing aids), specialised (such as screen readers, prosthetics, cochlear implants), and emerging (such as AI-enabled devices, robotics, brain-computer interface systems). All assistive products will need to conform to standards prescribed by the Bureau of Indian Standards (BIS) or another notified authority before being made available

The number combination refers to a work schedule - 9 am to 9 pm, six days a week - that has its origins in China's hard-charging tech scene

The newly raised capital will primarily be used to expand manufacturing capacity, accelerate international growth, and backward integration

With artificial intelligence increasingly permeating daily life, global standard-setting bodies are deliberating on frameworks for its ethical use, Consumer Affairs Secretary Nidhi Khare said on Wednesday. "Indian experts are in the international standards-setting committees. Once the global standards are framed, they will be adopted by the countries, including India," Khare told PTI on the sidelines of a PHDCCI conference on harnessing AI to combat fraud and counterfeits in the retail and e-commerce sector. She said that 39 global AI standards already exist, while 45 more are in the process of being developed. At the ongoing International Electrotechnical Commission (IEC) meeting, discussions are focused on preparing standards for responsible, inclusive and ethical use of AI, she said, addressing the event. "We have 39 standards internationally. What is ethical use? This was debated internationally... Who do we call safe, fair? Who do we call unsafe, unethical use of AI?," he ...

The confluence of technology, nationalism and communication skills of PM Modi can be appreciated from his interventions during emergencies

Workplaces need to update their strategies by integrating technology-driven, experiential learning and upskilling opportunities, as a significant percentage of India's tech talent believes that such experiences are in higher demand than theoretical knowledge, says a survey. According to a survey released on Monday by New York-headquartered Vertex Group, workplaces are transforming, and those who are ready to learn and upskill will lead the industry going forward. The survey, titled "The Relevance of Academic Qualifications in a Changing Indian Job Market," highlighted the value of hands-on, practical learning, with the majority of respondents strongly agreeing that such experiences are in higher demand than theoretical knowledge in their professions. The survey conducted among more than 2,500 IT employees across five cities, including Delhi, Mumbai, Kolkata, Bengaluru, and Chennai, over 56 per cent of employees believe that their academic qualifications do not meet the requirements