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U.S. Chamber Partners with U.S. Department of Defense, Indian Ministry of Defense to Boost U.S.-India Defense Partnership

WASHINGTON, D.C. - In partnership with the U.S. Department of Defense and India’s Ministry of Defense, the U.S. Chamber of Commerce’s U.S.-India Business Council hosted the inaugural INDUS X Summit and a startup-focused defense exhibition, “Catalyzing Indo-U.S. Defense Innovation” at the U.S. Chamber headquarters June 20-21. ...

Indian banks advised to adopt AI and Blockchain technology

A top federal official of India’s central bank has advised all the banks to adopt artificial intelligence and blockchain technology in order to gain sustainable growth and stability....

Amazon to stop supporting celeb voices on Alexa

Amazon is no longer offering celebrity voices for its virtual assistant Alexa. The voices of celebrities including Amitabh Bachchan, Samuel L Jackson, Shaquille O'Neal, and Melissa McCarthy are no longer available for purchase. Amazon will also stop supporting them on Alexa devices after three years. The feature is going away globally....

RBI aims to expand ongoing CBDC pilots to include more banks and locations

As per the annual report of the Reserve Bank of India released on May 30, it intends to expand the ongoing pilot of the Central Bank Digital Currency (CBDC) by incorporating use cases. ...

In FY23, BSNL loss widens to Rs 8,161 crore due to AGR dues: Report

In FY23, loss for Bharat Sanchar Nigam Ltd. (BSNL) has widened to Rs 8,161 crore in FY23, compared to Rs 6,982 crore and the increase in consolidated loss is due to the provision for adjusted gross revenue (AGR) dues to the government. ...

ONDC revamps incentive structure shedding discounts

The government-backed, Open Network For Digital Commerce (ONDC) has announced a revamped incentive programme, ending the first phase of its discounting schemes effective May 31...

Red Hat launches Open Hybrid Cloud for internal IT

Red Hat has launched Open Hybrid Cloud, an internal IT migration that is believed to be the standard digital hybrid architecture of the future for many enterprises. Open Hybrid Cloud’s three core...

Apple adds three new names to its India supplier list

Apple has reportedly added three new suppliers in India in 2022, taking the total number of suppliers to 14. As per the list, the three new suppliers are Molex, Onsemi, and Shenzhen Erwin Precision Technology. While Molex and Onsemi have facilities in Karnataka and Tamil Nadu respectively, Shenzhen Erwin Precision Technology is based out of Uttar Pradesh. ...

MediaTek and NVIDIA collaborate for next generation software-defined vehicles

MediaTek has partnered with NVIDIA to deliver a complete range of in-vehicle AI cabin solutions for the next generation of software-defined vehicles. The collaboration combines the strength of each company’s automotive portfolios to deliver the most compelling solutions for state-of-the-art connected cars....

ISRO commences countdown for the launch of its navigation satellite

On 28th May, Indian Space Research Organisation (ISRO) scientists started the 27.5 hour countdown for the launch of a navigation satellite on board a GSLV rocket here on May 29....