Category: Science & Technology

Four Byju’s investors file suit against founder Byju Raveendran Allegations of oppression, and mismanagement by CEO and top management Investors seek forensic audit and new board appointment Raveendran has staunchly defended his position, asserting that the allegations are baseless and the EGM is procedurally flawed. The outcome of the legal battle remains uncertain, with both sides digging in for a protracted struggle. As the controversy intensifies, it casts a shadow over Byju’s future and raises questions about the stability of India’s burgeoning edtech sector. In a dramatic turn of events,…

The Enforcement Directorate has taken a significant step against Byju’s CEO Byju Raveendran by issuing a lookout notice, barring him from leaving India. Meanwhile, the Karnataka High Court has declined to hold an emergency shareholder meeting initiated by select investors of Think and Learn Pvt Ltd, the parent company of Byju’s. The legal proceedings surrounding Byju’s have been ongoing, with the next hearing scheduled for March 13, as per sources cited by a media outlet. In November 2023, the ED had issued a show cause notice to Think and Learn…

India and Colombia signed a Memorandum of Understanding (MoU) on Cooperation in the field of Sharing Successful Digital Solutions Implemented at Population Scale for Digital Transformation. It was signed between the Ministry of Electronics and Information Technology (MeitY) and the Information Technologies and Communications of Colombia.     Union Minister of State for Electronics and IT, Skill Development & Entrepreneurship, and Jal Shakti, Shri Rajeev Chandrasekhar exchanged the MoU with Mr. Mauricio Lizcano, Minister of Information Technologies and Communications of Colombia. The signatories were Shri S. Krishnan, Secretary of MeitY…

The Defence Acquisition Council (DAC), under the chairmanship of Raksha Mantri Shri Rajnath Singh, accorded approval for Acceptance of Necessity (AoNs) for various capital acquisition proposals amounting to Rs 84,560 crore. In the true spirit of ‘Aatmanirbharta’, the approvals accorded on February 16, 2024 lay special emphasis on procurement of various equipment from Indian vendors. The DAC has accorded AoN under Buy {Indian-Indigenously Designed Developed and Manufactured (IDDM)} category for procurement of a new generation of Anti-tank mines having seismic sensor and provision of remote deactivation with additional safety features. In order to enhance the operational…

Mrs Kala Hari Kumar, President, Navy Welfare and Wellness Association (NWWA) inaugurated the refurbished Computer Lab and Conference Room as well as a new Lift for Children with Special Needs at Navy Children School Delhi on 15 February 2024 in the presence of Vice Admiral Gurcharan Singh, Controller Personnel Services, Cmde Edwin Jothi Rajan, Cmde (Naval Education) II, senior officers, school staff and children. ‘Param’, the Computer Lab for senior classes designed to accommodate 40 students is equipped with state-of-the-art furniture, learning charts and upgraded hardware. The Conference Room ‘Mantrana’,…

Governance reforms under Prime Minister Shri Narendra Modi have helped the Indian economy through huge savings. Technology is being widely used to result in savings and in delivery of utilities as well as services to the public. This was stated by the Union Minister of State (Independent Charge) Science & Technology; MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr Jitendra Singh while addressing the participants of the ‘Special Capacity Building Programme for Senior Civil Servants of Sri Lanka’ in New Delhi today.   Dr Jitendra Singh said,…

Union Minister of State for Electronics and IT, Skill Development & Entrepreneurship, and Jal Shakti, Shri Rajeev Chandrasekhar, announced that Assam will soon have its first-ever semiconductor packaging plant worth nearly Rs 25,000 Crore. He made this announcement during his address at the first-ever Digital India future SKILLS Summit, which was held today at the Birinchi Kumar Baruah Auditorium, Gauhati University. He said, “It was because of the leadership of Hon’ble CM Hemanta Biswa Sarma, a semiconductor packaging plant will be established in partnership with the Assam Government and TATA…

Dr. Neeraj Mittal, Secretary (Telecom) and Chairman, DCC, Department of Telecommunications today said that the role of standards is critical in driving technology adoption and commercial viability. He acknowledged the efforts of the Telecommunication Engineering Centre (TEC) in setting standards for Quantum Key Distribution (QKD). Dr. Mittal was delivering the inaugural address at the “Second International Quantum Communication Conclave” at Vigyan Bhawan. The conclave was inaugurated by Dr. Mittal in the presence of Prof. Ajay Kumar Sood, Principal Scientific Adviser to Govt. of India; Dr Subrata Rakshit, Distinguished Scientist &…

India’s Unified Payment Interface (UPI) services were officially launched in Sri Lanka and Mauritius, marking a historic moment. PM Modi expressed optimism that the UPI system would bring tangible benefits to Sri Lanka and Mauritius. PM Modi underscored India’s commitment to its “neighbourhood first policy,” highlighting the country’s unwavering support in times of crises. Developed by the National Payments Corporation of India (NPCI), UPI stands as a ground breaking real-time payment system facilitating seamless inter-bank transactions via mobile phones. The expansion of UPI and RuPay services beyond Indian borders not…

As a step towards Digital India, Shri Sanjeev Chopra, Secretary, Department of Food and Public Distribution, Government of India launched a pilot to on-board the Fair Price Shops (FPSs) in Una and Hamirpur districts of Himachal Pradesh on the Open Network Digital Commerce (ONDC). The pilot was launched virtually in 11 FPSs – 5 FPSs in Una and 6 FPSs in Hamirpur districts. This is the first time when Fair Price Shops are on-boarded on ONDC. Speaking on the occasion, Shri Chopra said this landmark initiative adds to the continuous…