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Artificial Intelligence Could Be Used for Early Resolution of Matters: NCLT President

New age technology like as Artificial Intelligence (AI) could be employed for early resolution of situations, including insolvency proceedings According to National Company Law Tribunal President Justice Ramalingam Sudhakar, According to a statement released by NCLT, Justice Sudhakar noted that AI can be employed in case of resolution, particularly in the admission of cases, while speaking at a national-level colloquium of the NCLT. “One aspect for early resolution is the development of Artificial Intelligence technology, he said.We are focusing on leveraging artificial intelligence and standardisation of processes. This will help…

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Founders of autonomous vehicle startup Ati Motors step down over ‘difference

Vinay V and Saad Nasser, two of the three co-founders of Ati Motors, a startup that built the country’s first autonomous cargo vehicle, have resigned. They have both resigned from their posts as Chief Scientific Officer and Chief Technology Officer. Nasser, a child prodigy, is the winner of the Intel IRIS award. He co-founded Ati when he was 14. Vinay cited “differences with management about the advancement of technology in the organisation” as the reason for his departure. Vinay is an adjunct faculty member at the Chennai Mathematical Institute and is a…

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India to develop its own mobile OS like Android and iOS, says Union Minister

If you have a smartphone, it is likely that it runs on Android or iOS. In the smartphone software ecosystem, there is a duopoly between Google and Apple, which not only other firms, such as Microsoft but also governments of many nations have pushed to break. The Indian government is considering developing its own mobile operating system in order to compete with both Google and Apple. As per Rajeev Chandrasekhar, Minister of State for Electronics and Information Technology, the government intends to build an environment for the development of an alternative…

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Ukraine invasion sets back Musk’s dream for cheaper EVs, for now

Rising material costs, worsened by Russia’s invasion of Ukraine, might put Tesla CEO Elon Musk and other auto executives’ plans to roll out more cheap electric vehicles on hold. According to Gregory Miller, an analyst at industry forecaster Benchmark Mineral Intelligence, rising prices of nickel, lithium, and other materials threaten to slow or even reverse the long-term trend of falling costs of batteries, the most expensive part of EVs, impeding broader adoption of the technology. That’s on top of a supply chain already clogged by the COVID-19 outbreak and a…

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Women entrepreneurs leading India’s billion dollar startups

Four of the 44 Indian startups that became unicorns last year were run by women. Although the number appears modest at first glance, it is significantly greater than the two companies that made the list in 2020. To make matters even better, in the first two months of 2022, four female-led businesses have already joined the unicorn club. Mamaearth by Ghazal Alagh, Hasura by Rajoshi Ghosh, LEAD School by Smita Seorah, and Pristyn Care by Dr Garima Sawhney are among the names on the list. In startup jargon, a unicorn…

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India is in the crosshairs of cyber-attacks

India is dealing with sophisticated cyber problems as a result of growing digital adoption across industries, which has resulted in higher digital traffic. According to a recent cyber threat report published by Sectrio, the cyber security division of IT services firm Subex, India will face cyber attacks in 2021 not only on its critical infrastructure and digital financial systems, but also on the numerous small businesses that have gone online since the Covid-induced lockdowns. India is also progressively defending itself against state-sponsored malware attacks such as Chinese Double Dragon (APT…

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National Strategy on Additive Manufacturing announced

The “National Strategy on Additive Manufacturing” was announced by Ashwini Vaishnaw, Union Minister of Electronics & Information Technology (MeitY), Communications & Railways, and Rajeev Chandrasekhar, Minister of State for Electronics & Information Technology, Skill Development and Entrepreneurship, to cater to next-generation digital manufacturing and to mitigate immediate disabilities of local industries. “The Genesis of the National Strategy in India revealed by the government is to keep pace with rapid global manufacturing prowess. For this, India needs to adopt an integrated approach to additive manufacturing in all segments including defence and…

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Meet the winner : Best Start-up Initiative in Robotics Sector award at IFTSCA 2022

Orangewood Research and Advancement Private Limited, a start-up that has always endeavored to democratize robotics to build Industry 4.0 are creating waves by bagging the Best Start-up Initiative in Robotics Sector award at India First tech startup conclave & awards 2022, Delhi chapter. The company has received huge appreciation for its innovative approach in solving the two biggest challenges in the robot manufacturing industry, complexity and cost. The company has the vision to make robots accessible to businesses of all sizes. The startup says, “We are building collaborative robots, or…

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Dr Jitendra Singh on India emerging as world’s preferred startup destination

India first tech startup conclave & awards, India’s biggest tech startup event organized by all India council for robotics and automation, got off to a rousing start on February 17th with an inspiring inaugural address by Dr Jitendra Singh, Hon’ble Minister of State (I/C), Minister of S&T & ES, Govt. of India. He said the robust ecosystem of Startups will play a critical role in ensuring that India achieves its goal of a $5 trillion economy by 2025. “India is emerging as world’s preferred Start-Up destination due to its vast…

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Karnataka schemes for startups to grow and thrive

Extolling the startup initiatives of Karnataka Dr C N Ashwath Narayan, Deputy Chief Minister of Karnataka and Minister for Higher & Medical Education, IT & BT, Science & Technology inspired the audience at India first tech startup conclave & awards 2022, Delhi chapter. The minister stated that Karnataka state is the most ideal place for startup innovations and entrepreneurship. “The government of Karnataka, consistently come out with many schemes, programs and policies relevant to the time and situation. We have been very well connected with the industry and we work…

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