QUANTUM COMPUTING FUTURE
L&T Finance Pitch Point 2.0: Where an AI startup’s big idea meets enterprise scale
Pitch Point, L&T Finance’s contest for AI startups, is back for a second edition. Last year’s winners, Arrowhead AI and SpoofSense, talk about what they got out of it and what they would tell this year’s new applicants.
Uttar Pradesh to launch state Quantum Mission, steps up push for AI and robotics
The state of Uttar Pradesh is gearing up to launch a transformative Quantum Mission, poised to bolster its technology framework. By focusing on quantum technology within a broader digital transformation agenda, the initiative aims to ignite innovation. At the ETGovernment AI Vision Conclave, leading industry figures explored the adoption of AI, investment avenues, and workforce readiness.
Social media norms, AI, deepfakes, chips among others on review list of parliamentary panel in 2026-27
The development comes as several incidents of age-inappropriate content, circulation of child sexual abuse material (CSAM), and alleged censorship on social media have been reported widely.
What is the difference between buyout and layoff? Microsoft offers buyout to 60,000 employees; check what it means for workers
Microsoft buyout offer to 60,000 workers: Microsoft has introduced a Voluntary Exit Offer (VEO) for eligible employees in India, the US, Canada and the UK, with reports suggesting around 60,000 workers could qualify. The programme allows employees to leave voluntarily with financial support, unlike layoffs, where the company decides to cut jobs. The move comes as Microsoft ramps up AI investments while managing workforce costs.
Israel votes today: What’s at stake for India as Bibi faces tough fight
Israel's elections on October 27 will significantly affect the country's relationship with India. More than just political outcomes, defense and trade agreements will be critical in bilateral ties. India aims to maintain cooperation regardless of the election's outcomes or the new leadership in Israel. The balance between Israel and Iran remains essential for India's regional strategy and economic interests.
Talent, compute and R&D key to India's AI ambitions: Report
India will need to strengthen its talent pool, research and development (R&D) capabilities, computing infrastructure and data systems to translate advances in artificial intelligence (AI) and other emerging technologies into economic and social benefits, according to a report by KPMG.
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German companies plan to double, triple growth in India over 3-5 years: Piyush Goyal
German companies are planning significant growth in India over the next three to five years. Piyush Goyal emphasized partnerships in technology co-creation and skill development for Indian youth. During his visit to Germany, he met with various industry leaders to discuss investment opportunities. There is a focus on expanding German manufacturing and research capabilities in India. Promising sectors for collaboration include electronics, automobiles, and smart manufacturing.
Traditional stockbroking firms must adapt to AI driven changes or risk becoming obsolete in 10 years: DEA Joint Secretary Alok Tiwari
Technology's rapid growth is transforming capital markets, compelling players to rethink their operational frameworks. Dr. Alok Tiwari emphasizes the need to abandon outdated brokerage models within the next decade. He advocates for the merging and professionalization of small, family-run firms to succeed amid increasing complexity. The integration of technology with evolving governance structures is critical for managing future challenges, while market intermediaries remain essential in fostering trust and driving progress.
AI driven cyberattacks pose growing threat to capital markets, warns NSE's Ashish Chauhan
During the ANMI convention in Mumbai, Ashish Kumar Chauhan stressed the urgent need to address AI-driven cyber risks threatening the financial sector. He urged collaboration among market players to build a strong defense against such advanced threats. Chauhan also highlighted the necessity of regulatory reforms to safeguard market integrity and investor confidence, noting the impressive growth of India's capital markets, which now boast a market capitalization that surpasses banking credit.
US designates helium as a critical material, citing its importance for semiconductors
The U.S. remains the largest producer of helium globally, with production primarily from natural gas processing. Helium is crucial for semiconductors, medical imaging, and renewable energy technologies.
‘We don’t come enough’ to India, says Rubio on return visit; flags region’s role in shaping 21st-century history
At US's 250th-anniversary celebration in Mumbai, Secretary of State Marco Rubio underscored the importance of more regular engagements with India. Pointing to the country's status as a crucial geopolitical partner, he discussed mutual interests in technology, trade, and Indo-Pacific security. Rubio asserted that strategic collaboration in these areas would be instrumental in defining the future relationship between the United States and India.
'India's dynamic market': Canada Trade Minister Sidhu highlights opportunities for Canadian firms
Canadian International Trade Minister Maninder Sidhu has highlighted opportunities for Canadian companies in India's "dynamic market", identifying artificial intelligence, quantum computing, aviation infrastructure, digital innovation, sustainability and smart mobility as key areas for bilateral cooperation.
Tech Mahindra Q2 Results: Net profit jumps 33% YoY to Rs 1,586 crore; co declares Rs 15/share dividend, 1:1 bonus issue
Tech Mahindra Q2 Results: Along with the earnings, Tech Mahindra's board declared an interim dividend of Rs 15 per equity share of face value Rs 5 each, equivalent to 300%, for the financial year 2026-27. It also approved a 1:1 bonus issue, under which shareholders will receive one bonus equity share for every existing equity share held, subject to the applicable terms and conditions.
IIT Kanpur launches $1-billion fundraising campaign
IIT Kanpur has started a significant fundraising campaign named 'Greater Than Us' to raise $1 billion by March 2029. The campaign aims to secure investments focused on Foundation, Talent, and Frontier developments at the institute. Notably, approximately Rs 4,155 crore in commitments has already been pledged. A substantial portion of the funds will enhance research infrastructure and faculty accommodations on campus.
IIT Kanpur launches $1 billion fundraising campaign
IIT Kanpur has launched the ‘Greater Than Us’ campaign aiming to raise $1 billion by March 2029. The campaign has already secured approximately Rs 4,155 crore in commitments from donors. It focuses on three pillars: Foundation, Talent, and Frontier for institutional growth. Investments will enhance research facilities, support exceptional individuals, and promote real-world applications in various technological fields.
DRDO successfully tests Quantum Key Distribution(QKD) platform in live network
The DRDO has successfully tested a Quantum Key Distribution platform in a live network environment. This advancement enhances India's capabilities in quantum-secured communications for critical military applications. The technology ensures secure communication for artillery and armored weapon tests while providing eavesdropping detection capabilities. Additionally, free-space QKD technology is being developed to facilitate communication in challenging terrains without optical fibers.
India at defining moment, unique opportunity to shape exponential tech like AI: IBM India & South Asia MD
Indian enterprises stand at the threshold of transformation through AI and automation, with IBM emphasizing the crucial blend of real-time data and trust in these evolving systems. The ongoing collaboration with MeitY Startup Hub seeks to propel deep tech innovation among startups in India, fostering local technological excellence and offering access to vital mentorship and resources.
IonQ to buy cybersecurity firm Elisity in up to $1.3 billion deal
Quantum computing company IonQ said on Monday it would buy cybersecurity firm Elisity in an all-stock deal valued at up to $1.3 billion, as it looks to expand its quantum security business.
Intel CEO says Chinese frontier AI model adoption has been 'very fast'
At a recent panel, Intel CEO Lip-Bu Tan discussed the swift integration of Chinese frontier AI models like DeepSeek, Kimi, and GLM. He noted their satisfactory performance and stressed that open-source development facilitates greater efficiency. Tan forecasted a mainstream shift in quantum computing within three to five years and underscored the vital role of software in streamlining essential infrastructure.
AI major cybersecurity challenge, but also offers tools for defenders: Thales Chairman
Artificial Intelligence has significantly changed the speed and nature of cyberattacks, creating challenges for cybersecurity. Companies now face threats not only from cybercriminals but also from state actors targeting critical systems. Thales executives emphasized the need for integrated cybersecurity strategies to address growing complexities and vulnerabilities. New AI-powered solutions and partnerships aim to enhance protection against evolving cyber threats effectively.
Visa joins growing alarm over AI-powered risks
Visa has open-sourced part of its AI-powered cyber defence system after "humbling" lessons from vulnerabilities exposed by AI models. Its President of Technology, Rajat Taneja, told Reuters the company had made its cyber defence system available as open-source software after weaknesses exposed by Anthropic's Mythos AI model earlier this year highlighted the scale of the challenge.
Decoding Eras: Virat Kohli scales 'Mount 15K' quicker than Sachin Tendulkar but comparisons unfair
Virat Kohli has achieved 15,000 ODI runs in fewer innings than Sachin Tendulkar, showcasing his batting prowess. Kohli has 55 centuries, surpassing Tendulkar's 41 in a similar number of matches. However, the game has evolved significantly since Tendulkar's era with many rule changes affecting batting conditions. Changes like new ball regulations have made scoring easier, favoring modern players like Kohli.
DRDO signs first deep-tech pact with Zero mK India for indigenous dilution refrigerator
DRDO has signed an agreement with Zero mK India for the development of a dilution refrigerator. This project will support quantum applications and enhance India's technological capabilities. The agreement is part of a larger Rs 500-crore initiative for deep-tech innovations. Monitoring will be conducted by the director of DRDO's Solid State Physics Laboratory and his team. This collaboration aims to reduce dependence on foreign cryogenic infrastructure for quantum technologies.
How employees contributing to EPF on actual wage basis can be impacted due to hike in EPF wage ceiling limit
As of September 17, 2026, the EPF wage ceiling is set to increase from Rs 15,000 to Rs 25,000. This adjustment does not affect employees whose earnings exceed Rs 25,000. Those earning between Rs 15,000 and Rs 25,000 will experience negligible changes to their contributions. Notably, EPS contributions will rise for employees hired prior to September 2014. Employers are responsible for managing increased contributions while keeping their salary structures intact.
India globally competitive in chips: Ashwini Vaishnaw
Speaking to the press on the sidelines of the annual Semicon India Summit 2026 in the capital, Vaishnaw said the growth of the ecosystem in India has given the government confidence that more than 100,000 new jobs will easily be created in the semiconductor industry in the near future.
India globally competitive in chips: Vaishnaw
India's electronics minister has asserted the country's competitive edge in the global semiconductor market. Currently, five chip packaging facilities are operational and adhere to international export standards.
India globally competitive in semiconductor sector, says IT minister Ashwini Vaishnaw
India’s semiconductor industry has become globally competitive in quality and cost, with products from five operational facilities meeting export standards, Electronics and IT Minister Ashwini Vaishnaw said Friday.
Chennai-born Sethuraman Panchanathan named 2026 Bueche Award recipient, first Indian American to receive honour
Sethuraman Panchanathan will receive the 2026 Arthur M. Bueche Award from the NAE. This marks the first time an Indian American receives this honor. Panchanathan previously led the US National Science Foundation and ASU's Knowledge Enterprise. His work focuses on artificial intelligence and quantum computing advancements. The award recognizes his significant contributions to science and technology policy.
King Charles to call on tech giants for 'reassurances' over AI
King Charles III will urge tech giants to ensure that artificial intelligence is geared to serve humanity and that mankind does "not lose control", during a conference in Scotland on Thursday. "Those in our world who value our humanity and its vital moral component are anxiously seeking your reassurance that we will not lose control of our destiny," Charles will say at the opening of the conference, according to a statement from the palace.
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