Day: September 28, 2024

PM Inaugurates 3 PARAM Rudra Supercomputers and HPC System

Manish Kumar

The PARAM Rudra supercomputer exemplifies India’s commitment to self-reliance in the field of high-performance computing (HPC). This investment in advanced technologies aims to empower the scientific community with the necessary tools to foster innovation and contribute significantly on a global scale. By developing and deploying such sophisticated computing capabilities, India is positioning itself as a key player in the global scientific arena, enhancing research potential across various domains and facilitating breakthroughs in areas like climate modeling, drug discovery, and artificial intelligence. Indigenously developed under the National Supercomputing Mission, Prime Minister Narendra Modi…

Karnataka Govt. in Talks with Apple to Expand Manufacturing

Manish Kumar

The Karnataka government is currently in discussions with Apple and its contract manufacturing partners to strengthen the state’s manufacturing ecosystem. The plan involves expanding existing facilities and attracting more component suppliers, aiming to create a more comprehensive ecosystem capable of producing a wider range of products beyond iPhones. Aiming to create a more robust ecosystem that can make products beyond iPhones, Karnataka Government is in discussion with Apple and its contract manufacturing partners to expand the existing facilities and bringing in more component suppliers. This move is part of Karnataka’s…

India Delivers Strong Warning to Pakistan: Cross-Border Terrorism Will Have Consequences

Manish Kumar

India issued a sharp rebuke to Pakistan at the United Nations General Assembly (UNGA) following Pakistani Prime Minister Shehbaz Sharif’s remarks on the Jammu and Kashmir issue. In a stern statement, India warned that Pakistan’s continued support for cross-border terrorism would result in “inevitable consequences.” India’s Pointed Response to Pakistan’s Kashmir Remarks During his speech at the UNGA, Prime Minister Sharif called for India to reverse its 2019 decision to revoke Jammu and Kashmir’s special status under Article 370 and demanded renewed dialogue between the two nations. India responded firmly…

Rising Tensions: Israel Intensifies Airstrikes on Beirut, Uncertainty Over Hezbollah Leader’s Fate

Manish Kumar

The ongoing conflict between Israel and Hezbollah reached a critical point on September 28, as Israel launched a series of powerful airstrikes on Beirut. The attacks, which targeted Hezbollah’s command center, were unprecedented in scale, signaling a sharp escalation in hostilities that have spanned nearly a year. Amid the chaos, speculation over the fate of Hezbollah’s leader, Hassan Nasrallah, has only added to the uncertainty of the situation, potentially pushing the conflict closer to full-scale war. Conflict on the Edge of War The Israeli-Hezbollah conflict has seen frequent exchanges of…

Colonel Inderjeet Singh Collapsed while addressing in an event in New Delhi

Manish Kumar

Colonel (Dr.) Inderjeet Singh, Co-Founder, India Blockchain Forum also Chief Cyber Security Officer, Head of the Cyber Security Center of Excellence at Vara Technology had collapsed while address in an event organised by Information Sharing and Analysis Centers (ISACs) in Hotel Lemon Tree, Aerocity, New Delhi. It was the picture taken while addressing in the event( Last Picture of Colonel (Dr.) Inderjeet Singh) According to delegates who attended the event, immediate assistance was provided to a leader who collapsed, with several individuals administering first aid and offering a Sorbitrate tablet for approximately…

India’s Forex Reserves Hit Record $692.3 Billion as Rupee Strengthens in 2024

Manish Kumar

India’s foreign trade policy has reached a milestone in 2024, with the country’s foreign exchange (forex) reserves achieving a record high of $692.3 billion as of September 20. This growth reflects India’s strategic economic management and robust market interventions by the Reserve Bank of India (RBI). Steady Increase in Forex Reserves India’s forex reserves have risen for six consecutive weeks, with a recent increase of $2.84 billion in the week ending September 20. This brings the total gain over the past five weeks to $19.3 billion. The bulk of these…

India’s Semiconductor Push: A Strategic Step Towards Technological Sovereignty

Manish Kumar

India’s recent moves to establish itself as a key player in the global semiconductor industry are being seen as a critical step towards technological sovereignty and economic security. The announcement of a US-India collaboration to build a multi-material fabrication unit dedicated to national security marks a historic moment, not just for military cooperation, but for India’s broader ambition to become a hub for chip manufacturing. This shift could reshape India’s economic trajectory and its role in the global tech supply chain, if managed effectively. A Partnership of Historic Proportions The…

Commvault Boosts AWS Security with Clumio Acquisition

Manish Kumar

Commvault has announced its intention to acquire Clumio, a data protection startup founded by a former executive from Nutanix, VMware, and Oracle. This strategic acquisition aims to enhance the recovery speed for applications hosted on AWS, particularly in scenarios involving hacks or significant outages. By integrating Clumio’s capabilities, Commvault intends to facilitate quicker recovery of Amazon S3 data, strengthening its data protection services. The acquisition will not only bolster Commvault’s existing offerings but also enable Clumio to expand its services on a global scale. This move is expected to enhance…

Foxconn Eyes $1 Billion Investment in Tamil Nadu for Apple Facility

Manish Kumar

Foxconn is considering spending $1 billion to establish a smartphone display module assembly plant in Tamil Nadu. This facility would mark Foxconn’s first display module unit in India and is intended to support Apple’s iPhone production efforts in the country. This investment aligns with the ongoing trend of major tech companies increasing their manufacturing capabilities in India to diversify supply chains and enhance local production.This will be Foxconn’s first display module plant constructed in India, and it will help with Apple’s iPhone manufacturing. Components from this plant may also be…

The Hackett Group announces acquisition of India’s LeewayHertz

Manish Kumar

 The Hackett Group, Inc. (NASDAQ: HCKT) has announced its acquisition of LeewayHertz, a renowned provider of advanced Gen AI solutions.  This strategic move strengthens The Hackett Group’s position in guiding clients through their generative AI journey. The acquisition further highlights India’s growing prominence in the global AI landscape. LeewayHertz’s CEO Akash Takyar will now be the CEO of this new joint venture. This partnership aims to provide highly customized AI solutions to clients, fueling The Hackett Group’s growth strategy. The joint venture, ZBrain, will seek additional strategic funding after initial backing…