NITI Aayog, along with the Institute for Competitiveness, has released the second edition of the India Innovation Index 2020 through a virtual event on Wednesday.Karnataka retained its top position in the ‘Major States’ category, while Maharashtra moved past Tamil Nadu to reach the second place. Telangana, Kerala, Haryana, Andhra Pradesh, Gujarat, Uttar Pradesh and Punjab occupied the top ten in that order.Karnataka’s rank is attributable to its substantive number of venture capital deals, registered geographical indicators and information and communications technology exports. Karnataka’s high Foreign Direct Investment (FDI) inflow has also enhanced the innovation capabilities of the state. Four southern states —- Karnataka, Tamil Nadu, Telangana and Kerala —- occupied the top five spots under the ‘Major States’ category for 2020.While Telangana retained its position at 4th in the list of major states, Andhra Pradesh, which figured at … [Read more...] about India Innovation Index 2020: Delhi tops overall, Karnataka leads major states and Himachal tops NE
Cen cenelec innovation plan
Govt formulating new action plan, Chinese telecom giants could be out of game
New Delhi: Chinese telecom giants Huawei and ZTE could be potentially out of the game in India with the government set to begin formulating an action plan on the implementation of 'National Security Directive on Telecommunication Sector'on Thursday.With an aim to protect India's essential national security interests, a committee headed by the Deputy National Security Advisor (Dy NSA) will soon clear all equipment and gadgets, including 5G mobile networks and supply chains.Top sources in the government told IANS that "a meeting of nodal officials of key ministries was called (on January 21) to formulate a strategy to secure India's paramount interest in the field of cyber and telecom security".Key officials of the Telecom Ministry, Commerce Ministry and the DRDO, along with cyber security experts were called in the all important meeting, sources said, adding that "a meeting was called by the National Security Council Secretariat, but it was all too confidential. Nothing can be revealed … [Read more...] about Govt formulating new action plan, Chinese telecom giants could be out of game
FedEx Express unveils plan to lay off up to 6,300 employees in Europe
The plan is expected to result in savings of between $275 million and $350 million on an annual basis beginning in fiscal2024, FedEx said, adding that it expects to incur severance charges of between $300 million and $575 million through fiscal 2023. … [Read more...] about FedEx Express unveils plan to lay off up to 6,300 employees in Europe
Army finalises mega procurement plan to replace old weapons
In June, the Army had kick-started the initial process to procure around 44,600 carbines, nearly eight months after a tender for it was retracted, also due to single-vendor situation. Around half a dozen firms including a few global arms manufacturers have responded to the RFI. … [Read more...] about Army finalises mega procurement plan to replace old weapons
Bringing home the spices
Today, the company, known as Lalah’s, operates out of a swanky glass and wood panelled office on TTK Road. Their state-of-the-art factory is in Tiruppur district, with a capacity of 15,000 metric tonnes per annum. The machines might do the roasting, grinding and packaging, but the blending is still done by hand. And that, says Laavanya Manradiar, vice-president of marketing, head of new product development and great-great granddaughter of Mittulaul, is what gives their spice blends a human touch. The fourth generation to be part of the management, she is passionate not only about the history of the company, but also about its future. … [Read more...] about Bringing home the spices