Latest News, Updates & Breaking Headlines
ePlane Company’s Air Tax New Delhi: Chennai-based startup The ePlane Company is building India’s first electric air taxi, the e200x, using advanced technology from Nvidia. Engineers have created a highly detailed “digital twin” of the aircraft using Nvidia Omniverse software, allowing them to test flight physics, sensors and emergency scenarios in a virtual world before…
The Union Cabinet has approved the Startup India Fund of Funds 2.0 (Startup India FoF 2.0) with a total corpus of Rs 10,000 crore to mobilise venture capital for the country’s startup ecosystem.The scheme is aimed at accelerating the next phase of India’s startup growth by mobilising long-term domestic capital, strengthening the venture capital ecosystem…
The government on Friday approved the second tranche of the Startup India Fund of Funds Scheme with a corpus of Rs 10,000 crore, aimed at encouraging early-stage startups and deep-tech research, Prime Minister Narendra Modi said in a social media post.On his first day at Seva Teerth, his new office, PM Modi signed files linked…
BENGALURU: The investigation into the murder of a couple by their 33-year-old son in an upscale villa community in the tech corridor has taken an intriguing turn: Cops have learnt that the accused was grappling with serious psychiatric issues.Rohan Bhat, the US-returned software engineer who was arrested by HAL police, was Thursday sent to Nimhans…
Image Credit: TOI Bengaluru/X BENGALURU: A US-returned techie, desperate to raise funds for a new venture, has been arrested on charges of murdering his parents at their villa in Vignan Nagar, near HAL township, in east Bengaluru Wednesday.Naveen Chandra Bhat, 60, a retired navy captain, and his dentist-wife Shyamala Bhat, 55, were residing in Adarsh…
MUMBAI: In a boost to the startup ecosystem, govt has widened the scope of recognition of startups, extending the benefit to companies with a turnover of Rs 200 crore from Rs 100 crore earlier. This means that startups generating a turnover of up to Rs 200 crore will now get recognised, expanding the coverage of…
The government has expanded the criteria for recognising entities as startups by doubling the turnover threshold to Rs 200 crore, while also introducing a new recognition category for ‘Deep Tech Startups’, aimed at supporting high-technology and research-driven enterprises.The move is part of broader efforts to align policy support with the evolving nature of India’s startup…
NEW DELHI: Prime Minister Narendra Modi on Thursday took a sharp dig at the Congress and the Gandhi family during his speech in the Rajya Sabha, accusing them of being “habitual thieves” and alleging that they had even “stolen” Mahatma Gandhi’s surname.“For some people, stealing is a family profession. What’s shocking is that those habitual…
The sell-off in IT stocks was triggered by an announcement from US-based AI startup Anthropic. (AI image) IT stocks crash! Shares of Indian IT majors Infosys, Wipro, HCL Tech, Tata Consultancy Services (TCS), and Persistent Systems tanked in opening trade on Wednesday, dragging Sensex down by over 100 points. The decline was due to concerns…
A Turkish tech executive who launched a New York “fintech marketing” company to create rewards programs has been indicted for defrauding venture capitalists of $7 million in seed money and using the proceeds to secure an O-1A “extraordinary ability” visa. Federal prosecutors in New York announced that Kalder Inc founder and CEO Gokce Guven, a…
