Technology

Define textile skill, says Irani India’s textile industry needs to define the requisite for technical skills and address issues of manpower, #Smriti Irani, the #Minister of Textiles said on Jan 17, 2017. Speaking at TECHNOTEX-2017, Irani assured that the government...

Tap MSMEs for defence ecosystem Parrikar (in white shirt) visiting DRDO.  The Indian defence sector needs to tap the micro, small and medium enterprises (MSMEs) as well as private industry to build an ecosystem, said Defence Minister Manohar Parrikar. “There...

SEZ India App A Mobile app named “#SEZ India” was launched on Jan 6, 2017. It is developed by #SEZ Division, #Department of Commerce under its broader e-Governance initiative i.e. SEZ Online System, the government announced on Jan 15, 2017....

WISeKey's seed financing   #WISeKey International Holding Ltd (WIHN.SW) said its first round of seed financing has been oversubscribed, raising $1.3 million for WISeKey India. WISeKey is a Joint Venture established in late 2016 with leading Indian entrepreneurs to deploy...

Soma leads Madrona Soma's expertise to give edge to Madrona. Seattle-based #Madrona Venture Group, an early-stage venture capital firm, has appointed S. “Soma” Somasegar to the role of Managing Director. Soma joined Madrona in November 2015 as a Venture Partner,...

Grid-scale energy storage AES India, a subsidiary of The #AES Corporation (NYSE:AES) and #Mitsubishi Corporation, has announced a joint partnership agreement to deliver India’s first grid-scale energy storage array to the electric grid. The grid is operated by #Tata Power...

Tech-transfer submarine Khanderi, the second of Indian Navy’s Scorpene’ class stealth submarine, is undergoing sea trials. The first of the Kalvari class submarine, it is likely to be commissioned into Navy by the middle of this year. It is part of...

WNS to acquire Denali #WNS (Holdings) Limited (WNS) (NYSE: WNS) has entered into a definitive agreement on Jan 10, 2017, to acquire #Denali Sourcing Services (Denali), a leading provider of strategic procurement BPM solutions. Denali delivers high-end global sourcing and...

Boosting trade ties with Japan Seko meeting Sitharaman in New Delhi on January 9, 2017. India is further accelerating cooperation in trade and energy with Japan, seeking cutting edge engineering expertise and technology in a wide range of economic sectors....

Affordable smart phones Micromax team. In a move to further thrust its daily cash-less dealings among the people, the government has told local mobile cell manufacturers to produce smart phones costing less than Rs2,000 per unit. #Niti Aayog, the National...