Search Result for : Department Of Science And Technology

PTI Encouraged by Infosys' decision to set up a tech centre in his state and generate 2,000 jobs, Indiana Governor Eric Holcomb will lead a high- powered trade delegation to India later this year with the sole objective of attracting more Indian business, particularly IT companies. "I'm looking forward to travelling to India, probably in the fall, before the winter," Holcomb told PTI in an exclusive interview in his office at the State Capitol. Holcomb, who succeeded Vice President Mike Pence as Indiana governor, said he wanted to travel to India soon after his inauguration early this year but pressing engagements and now the summer prevented him from doing so. Holcomb, who would be the first Indiana governor ...

The Department of Science and Technology (DST) and the Council on Energy, Environment and Water (CEEW) jointly organized a National Dialogue themed ‘Critical Mineral Resources for India's Manufacturing Needs,’ on Tuesday in New Delhi. Balvinder Kumar, Secretary Mines, after delivering the keynote, released the DST report on ‘Critical Non-Fuel Mineral Resources for India’s Manufacturing Sector: A Vision for 2030.’ The Indian government in the past few years has put in major efforts to boost the growth of Indian mining sector through transparent auctions, speedy clearances and creating an exploration fund. The main focus of the national dialogue was on the recommendations of the study, basing on which they outlined an action plan identifying key mineral resources for India and methods to bring down supply risks. After ...

The Dollar Business Bureau   State Bank of India (SBI) has partnered with Society for Innovation and Entrepreneurship (SINE) to promote innovation by start-ups in the financial sector. SINE is the technology business incubator hosted by Indian Institute of Technology (IIT) Bombay. A memorandum of understanding (MoU) was signed at SBI’s Global IT Centre by IIT Bombay Director Professor Devang Khakhar and SBI Deputy Managing Director and Chief Information Officer Mrutyunjay Mahapatra in Mumbai on Tuesday. According to the bank, this MoU is a first of its kind in India which will help in the evaluation of start-ups operating out of and promoted by SINE for engagement with SBI in the commercial exploitation of new age digital concepts, products and services. The country’s largest bank has commenced ...

The Dollar Business Bureau   IIT Madras’s incubated water technology company InnoNano Research (INR), has bagged an investment of $18 million from US based NanoHoldings (NH). Encouraged with this investment, the Indian start-up may soon expand its presence in the international market. Using nano technology, INR provides clean drinking water, free from arsenic and fluoride to rural areas affected by heavy metals. This technology was already implemented in more than 700 villages across Punjab, West Bengal and Karnataka. The company plans to cover over 1,500 villages by 2017. “The presence of arsenic and iron in drinking water affects the health of rural people. We are using latest water technology to remove the contaminants at affordable cost,” said H Anshup, Co-Founder and Managing Director of ...

A five-fold hike has been made by the government in its budget for funding start-ups in the next fiscal, a move which is in line with Prime Minister Narendra Modi's ambitious 'Start-Up India' initiative. Source: PTI Start-up India initiative getting a shot in the arm with the Govt increasing the seed capital     A five-fold hike has been made by the government in its budget for funding start-ups in the next fiscal, a move which is in line with Prime Minister Narendra Modi's ambitious 'Start-Up India' initiative. According to Ashutosh Sharma, Secretary, Department of Science and Technology (DST), in the 2016-17 financial year, it will provide seed capital to 50-80 new ventures with funding ranging from Rs.50 lakh to Rs.1 crore per company. For the ...

Source: PIB, Government of India Russia informed that they have developed a centre for information and communication technology and would like to collaborate with India in this area. The issue came up for discussion when Union Minister for Science, Technology and Earth Science Harsh Vardhan met his Russian counterpart Dmitry Livanov, Minister of Science and Education of the Russian Federation on October, 28 in Moscow on the sidelines of the BRICS ministerial meeting. Indian side said that, India had launched National Super Computing Mission, jointly being implemented by the Department of Science and Technology and the Department of Electronics and Information Technology. India sought Russian assistance in development of high end technologies, both in software and hardware sectors (like motherboard design; ...