Finance technology partners

Battle Over Huawei’s Role in UK’s 5G Rollout Before the coronavirus pandemic, Boris Johnson’s government was more than willing to invite Huawei, as the world’s largest 5G provider, to take part in its 5G rollout despite warnings from Washington that doing so would compromise intelligence sharing between the Five Eyes alliance partners. But Downing Street ignored these warnings, saying that Huawei was a speedier and less costly provider of fifth-generation mobile equipment than its European competitors Sony Ericsson or Nokia. … [Read more...] about UK is Reportedly Set to Beat China’s 5G Monopoly by Forming Club of Alternative Supply Partners

Those aspiring to build a career in AI and DL can make a head-start with this programme. The programme will be coordinated by The Indo-Taiwan Joint Research Centre (ITJRC) on Artificial Intelligence (AI) and Machine Learning (ML), at IIT-Ropar. Supported by the Ministry of Science and Technology, Taiwan, ITJRC is a bilateral centre for collaborative research in disruptive technologies like AI and ML. … [Read more...] about TSW partners with IIT – Ropar to launch a brand new online course in AI & DL

NEW DELHI: Singapore was the top source of foreign direct investment into India for the second consecutive financial year, accounting for about 30 per cent of FDI inflows in 2019-20. In the past two financial years, FDI from Singapore has surpassed that from Mauritius. In the last financial year, India attracted USD 14.67 billion in FDI from Singapore, whereas it was USD 8.24 billion from Mauritius, according to the data of the Department for Promotion of Industry and Internal Trade (DPIIT). In 2018-19, Singapore's FDI aggregated at USD 16.22 billion, while that from Mauritius it was USD 8.08 billion. According to experts, Singapore has been able to outpace Mauritius with its ease of doing business policies, simplified tax regime and a large number of private investors. "Mauritius was once seen as a tax haven making it the most favoured nation for routing investments in India. April 2017 brought key amendments to the bilateral treaties with Mauritius and Singapore which … [Read more...] about Singapore top source of FDI in FY20 with investments worth USD 14.67 bn

Indian carriers in 'survival' mode, need sustainable revival: IATA CEO Alexandre de Juniac Sundaram Finance posts Rs 131 crore net profit for March quarter Coronavirus wrap May 29: Jharkhand airlifts migrant workers from Leh; India's COVID-19 death toll surpasses that of China … [Read more...] about GOQii brand ambassador Akshay Kumar distributes 1,000 wrist bands to Mumbai Police

New Delhi | Bengaluru: The Ministry of Information Technology (MeitY) is fast-tracking its ambitious ₹5,000-crore fund-of-funds targeted at deploying much-needed domestic capital into India’s software products ecosystem, as the government looks to reopen the economy in a phased manner after a two-month lockdown. MeitY officials are expected to approach the finance ministry as early as next week with a detailed proposal for the Software Product Development Fund (SPDF), according to three sources aware of the developments. The SPDF was first announced in the National Policy on Software Products, which was approved by the Union cabinet in February last year. The Covid-19 pandemic-induced lockdown effectively shut down Asia’s third-largest economy, but with its gradual reopening under strict guidelines ministry officials are now speeding up the fine tuning of the fund and are expected to have a cabinet note ready by early-July. The ministry is also considering tapping … [Read more...] about MeitY fast-tracks work on ₹5K-cr fund-of-funds