User
Notification

Don’t miss the latest developments in business and finance.

Research And Development

India must get into frontier work in artificial intelligence and build foundational models, but investment is a real entry barrier and just one mathematical breakthrough can change entire dynamics, Microsoft Chairman and CEO Satya Nadella said here on Wednesday. During his second day of Microsoft India AI Tour, Nadella said that India can do great work in the area of Indic languages and transforming its industries using artificial intelligence. "There's no reason why India can't do frontier work, but you can even define frontier pretty unique. So for example, I don't think the last known big breakthrough in AI frontier has happened. I always say we are one mathematical breakthrough away from that entire edifice being thrown out and being going after something else," Nadella said. He said academics in India, the research institutions, including Microsoft Research, are very fantastic math team and algorithms team. "Let's not be bound, quite frankly, with what is considered frontier.

Updated On: 08 Jan 2025 | 3:48 PM IST
Bs_logoIndia can do 'frontier work' in AI, but investment a barrier: Nadella

Industry must invest in technology and international sales, economic policy must focus on structural change and productivity, and politics on ideas

Updated On: 02 Jan 2025 | 10:20 PM IST
Bs_logoThree wishes for 2025: Tech innovation, reforms, and idea-driven politics

Electronics and Computer Software Export Promotion Council (ESC) has batted for further calibration of Design Linked Incentive (DLI) scheme to make it more broad-based and impact-oriented. The industry body has made a strong pitch for incentives to promote R&D and innovation in capital-intensive electronics hardware sector during a recent interaction with Finance Minister Nirmala Sitharaman, a release said on Sunday. ESC has also sought additional income tax reduction for Indian corporates spending over 3 per cent of their turnover to advance R&D and filing patents/designs in India. "In an exclusive interaction with Finance Minister Nirmala Sitharaman and other senior officials of the Ministry of Finance recently, the...export promotion council...said that a well-calibrated incentive system designed to empower industry players could motivate nascent industry units to move in the R&D value chain in cutting-edge technology domains like AI, IoT, telecom, and embedded ...

Updated On: 29 Dec 2024 | 5:53 PM IST
Bs_logoESC calls for incentives to promote R&D, innovation in electronics

The greatest scientific achievement of the past 25 years isn't any single invention but the recognition that all these advancements are interconnected

Updated On: 28 Dec 2024 | 12:36 AM IST
Bs_logoA journey of innovation: How 25 years transformed life and technology

Underlining that the ongoing conflict in the international arena has revealed the "hazards of a hybrid warfare", a parliamentary panel has recommend that the DRDO should expand its R&D efforts to enhance combat readiness against any non-conventional warfare and security threats. In its report tabled in Parliament on Tuesday, the committee has noted "with concern that out of 55 projects, 23 were not completed within the stipulated time". "Although, 571 projects worth Rs 34161.58 cr have been successfully completed and closed during the last 10 years (1 Jan 2012 -- till date), with respect to projects which were partially successful or unsuccessful, eight such projects worth Rs 770.31 cr were stage closed during this period," the report said. The report of the Parliamentary Standing Committee on Defence is titled -- 'Action Taken by the Government on the Observations/ Recommendations contained in the Forty-Second Report (17th Lok Sabha) of the Standing Committee on Defence on the ...

Updated On: 17 Dec 2024 | 7:21 PM IST
Bs_logoHouse panel asks DRDO to excel R-D warfare in hybrid, kinetic, non-kinetic

Individually, Cipla soared up to 3.68 per cent to hit an intraday high of Rs 1,547.70 per share, while Sun Pharma soared up to 3.30 per cent to hit an intraday high of Rs 1,791.60 per share

Updated On: 29 Nov 2024 | 12:52 PM IST
Bs_logoNifty Pharma jumps over 2%: Analysts decode the drivers behind the rally

The Authority Holding Sealed Particulars (AHSP) of the P-7 Parachute System has been handed over to the Directorate General of Quality Assurance (DGQA) by a key DRDO laboratory, the defence ministry said on Tuesday. The AHSP is the authority responsible for generating, maintaining, updating or declaring obsolete the entire history and technical information of defence products. The AHSP of the P-7 Parachute System has been handed over to the DGQA by the Aerial Delivery Research and Development Establishment (ADRDE), Agra. Secretary, Department of Defence Research and Development and DRDO Chairman Samir V Kamat handed over the AHSP at a ceremony held at the DRDO Bhawan here on Monday, the defence ministry said. "ADRDE has successfully designed, developed and qualified the P-7 Parachute System. Gliders India Limited (Ordnance Parachute Factory), GIL (OPF), Kanpur has fabricated the parachute system, which is capable of safely dropping payloads of up to 9.5 tonne from IL-76 aircraft at

Updated On: 13 Nov 2024 | 7:47 AM IST

At present, Apple's research and development bases are located in the US, China, Germany and Israel. Apple is also planning to launch four new stores in India

Updated On: 09 Nov 2024 | 1:47 PM IST

This initial outlay of Rs 500 crore will be for three years, up to financial year 2026-27 (FY27), according to a government communication

Updated On: 09 Nov 2024 | 10:08 AM IST

President Droupadi Murmu on Tuesday said there is a need for closer collaboration between research and development teams of India and Singapore to benefit from the latest expertise and technological advancements. Welcoming Singapore's Defence Minister Ng Eng Hen, who had called on the President at the Rashtrapati Bhavan here, she said the two countries have a rich history of bilateral cooperation, which has been further boosted by the recent visit of Prime Minister Narendra Modi to the South East Asian country and the conclusion of the 2nd round of India-Singapore ministerial roundtable meeting. Murmu was happy to note that the bilateral relationship has been elevated to a comprehensive strategic partnership, according to a statement by the President's office. She also noted the need for closer collaboration between defence research and development teams of both countries, to benefit from the latest expertise and technological advancements in the defence domain, the statement ...

Updated On: 22 Oct 2024 | 8:20 PM IST

Gazing at your dog can connect your brain with theirs, research shows

Updated On: 12 Oct 2024 | 1:51 PM IST

India also has its share of both large tech companies and large national laboratories, but why is it that these don't seem to be at the forefront of any innovation news headlines?

Updated On: 06 Oct 2024 | 10:10 PM IST

While it is essential to have large corporations leverage economies of scale, the government must ensure that firms do not use their dominant positions to stifle competition

Updated On: 06 Oct 2024 | 10:07 PM IST

R&D spend grows 152% in 5 years to Rs 63,072 crore in FY24

Updated On: 05 Oct 2024 | 12:12 AM IST

Computing power is as vital to the economy as highways and factories. The technology has to be affordable and accessible for private firms and the government

Updated On: 29 Sep 2024 | 9:58 PM IST

Gangadharan emphasises India's strategic importance for SAP's growth and innovation

Updated On: 25 Sep 2024 | 11:28 PM IST

The Union Cabinet on Wednesday approved the Biotechnology Research Innovation and Entrepreneurship Development (Bio-RIDE) scheme to support cutting-edge research and development in biotechnology. Bio-RIDE combines two existing schemes -- Biotechnology Research and Development (R&D) and Industrial and Entrepreneurship Development (I&ED) -- with a new component, 'Bio-manufacturing and Bio-foundry', an official statement said. The proposed outlay for the implementation of the unified scheme Bio-RIDE is Rs 9,197 crore during the 15th Finance Commission period from 2021-22 to 2025-26. The Bio-RIDE scheme is designed to foster innovation, promote bio-entrepreneurship, and strengthen India's position as a global leader in bio-manufacturing and biotechnology, the statement said. It aims to accelerate research, enhance product development, and bridge the gap between academic research and industrial applications, it added. The scheme is part of the government's mission to harness the ...

Updated On: 18 Sep 2024 | 8:44 PM IST

Emphasising the need to set big targets, PM Modi said that research should focus on finding new solutions to existing problems

Updated On: 10 Sep 2024 | 8:03 PM IST

Prime Minister Narendra Modi on Tuesday chaired the first governing board meeting of the newly formed Anusandhan National Research Foundation (ANRF), officials said. The meeting of the foundation, which will act as an apex body to provide high-level strategic direction towards scientific research in accordance with the recommendations of the National Education Policy (NEP), was attended by Education Minister Dharmendra Pradhan. Senior officials, including the government's principal scientific advisor Ajay Kumar Sood, also participated. The ANRF aims to seed, grow and promote research and development (R&D) and foster a culture of research and innovation throughout India's universities, colleges, research institutions, and R&D laboratories.

Updated On: 10 Sep 2024 | 6:52 PM IST

New framework likely to keep a short-term target of 3 to 5 years

Updated On: 09 Sep 2024 | 11:16 PM IST