Page 13 - Information Technology

Rashmika Mandanna's deepfake video goes viral, IT Minister issues warning

The video shows a woman wearing a black outfit entering a lift. However, her face changes to that of the actor Rashmika Mandanna in the deepfake video

Sonata Software surges 6% in weak market on healthy Q2, 1:1 bonus issue

The board also declared an interim dividend of Rs 7 per share (700 per cent on par value of Rs 1) for the financial year 2023-24

TCS to revise rates for staffing cos to enhance transparency, better talent

The changes in rate cards are for contract staffing employees and not for permanent employees. TCS is revamping its hiring mechanism

Power, building materials, IT stocks bear biggest brunt of FPI selloff

During the first fortnight of October, foreign portfolio investors (FPIs) withdrew Rs 2,069 crore from the power sector and around Rs 1,500 crore each from infrastructure and IT

MeitY to support development of AI chips under national programme

The Ministry also invited industry suggestions on its draft National Strategy on Robotics released last month

Sasken hits 52-week high; zooms 35% in one week after pact with Qualcomm

The company said its pact with Qualcomm marks a significant milestone in the realm of IoT innovation and underscores both firms' commitment in shaping the future of connected devices and services.

Stronger misinformation norms on the cards for social media companies

The committee members also expressed dissatisfaction with the inefficiencies and delays in redressing user grievances about the content on social media platforms

Stock of this industrial products company has zoomed 293% so far in 2023

Shares of Kaynes Technology India hit a new high of Rs 2,954.20 on rallying 16 per cent on the BSE in Monday's intra-day trade

TCS hits 52-week high, gains 1% in weak market on share buyback plan

Sharekhan believes, despite the challenging environment, TCS is well placed to grab cost takeout as well as digital transformation programs along with opportunities from vendor consolidation

Govt to YouTube, X: Remove child abuse content or lose safe harbour

As reported earlier, law enforcement agencies have recorded an uptick in cybercrime against children with an increasing use of artificial intelligence

Tech giants Apple, Samsung likely to benefit from MeitY's new import regime

Meanwhile, companies like HP and Acer, which do not sell mobile phones in India, are likely to miss out

Policy incoherence

Import management system for IT is licence raj by another name

30 out of 40 applicants may qualify for Rs 17k-cr PLI for IT hardware

Around 30 out of 40 applicants are expected to qualify for Rs 17,000-crore production linked incentive scheme for IT hardware, according to a government official. As many as 40 companies, including Dell, HP, and Lenovo, have applied for the IT hardware PLI (production linked incentive) scheme with a commitment to make personal computers, laptops, tablets, servers and other equipment worth Rs 4.65 lakh crore during the scheme period. "Around 30-32 company may qualify for the (IT hardware PLI) scheme. Some are looking ineligible for the scheme due to financial issues and organisation structure issues," the official, who did not wish to be named, said. Against the budgetary allocation of Rs 17,000 crore for the scheme, applicants have projected the incentives to the tune of Rs 22,890 crore. The official said that the selected companies will get incentives well within the fund allocated for the scheme. Major IT hardware companies like Dell and HP are participating directly in the ...

Govt to make IT hardware import authorisation process online, seeks data

The government on Friday informed IT hardware players that the process of import authorisation for laptops, tablet, servers etc. will be completely online and has sought data of the past three years for the inbound shipments of mobile, IT and telecom products, sources aware of the development said. Industry players have been informed that the "import management system" portal, which will be managed by Directorate General of Foreign Trade (DGFT), will go live by the end of this month. "MeitY has informed companies that 'import management system' will go live by September end. It will be managed by DGFT. It has asked importers to feed their organisation data and import data subsequently for the past 3 years," a source, who did not wish to be identified, told PTI. The government has proposed to implement new rules for import of IT hardware from November 1. The new rule will allow imports of IT hardware by authorised firms. The import management system will handle imports related to .

Indian IT cos don't see any immediate challenges due to India-Canada tussle

So far, both Canada and India have expelled senior diplomats in reciprocal moves. On Thursday, September 21, India temporarily suspended visa services for Canadian citizens

Smartphone, auto makers may be mandated to enable NavIC on devices: MoS IT

He also shared that Accord Software & Systems, a domestic start-up, was the first Indian company to design NavIC chips

Enventure launches centre for advanced digital construction in Shivamogga

The centre plans to hire about 100 engineers from PESITM in the next year and train them for three months to make them industry-ready to handle projects related to Building Information Modelling (BIM)

Biz messaging going to be our next growth engine: Meta India's Devanathan

In a video interview with Shivani Shinde, Devanathan talks about the next big bets for Meta in India and her priorities

Panic buying? IT hardware imports rise 50% ahead of licence deadline

The rise in imports is expected to continue in September as well, as it takes 4-6 weeks for consignments to reach India

Clean Air Survey 2023: Indore ranks first followed by Agra and Thane

A total of 131 cities have been identified for the implementation of the city-specific action plans under this programme, for reducing air pollution by up to 40% by FY26