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AMD partners with IIT-B incubated SINE to develop energy-efficient SNN chips
Under the collaboration, Numelo Technologies was given the first grant for developing SNN chips using ultralow power quantum tunnelling on silicon on insulator (SOI) technology.Read more
EV industry wants incentives and tax rationalisation from budget
India's EV industry is hoping for the introduction of the FAME- III scheme, allocation of funds for public charging infrastructure, incentives for localising components, and a reduction in GST on EVs.Read more
Focus on incremental reforms
According to a recent report of DSP Mutual Fund, the manufacturing sector's contribution to India's GDP is anticipated to rise from 14 per cent in FY24 to 21 per cent by FY34, bolstered by lower logistics costs and improved infrastructure. Read more
EV demand increasing rapidly in Indian cities; BloombergNEF
In 2023, Rajasthan’s capital Jaipur accounted for more than 79% of all electric cars sold in the state’s five tier 2 cities that were analysed. Read more
Altair inks pact to buy Metrics Design Automation Inc.
The DSim, combined with Altair’s silicon debug tools, will deliver superior simulation and debug capabilities in the EDA and semiconductor space.Read more
43% Indian MSMEs to increase digitalisation budget
Vi has launched an enhanced Digital Assessment Tool, both in English and Hindi as an extension of its dedicated MSME program.Read more
Tragic incident prompts safety concerns in entrance automation
Reports of accidents involving faulty gates have been increasingly common.Read more
Tax deducted at source implications on year-end provisions
TDS is required to be deducted at the time of payment or credit in books to the account of the recipient, whichever is earlier.Read more
ZF Group sells 7.5% stake of ZF CVCS India to increase financial flexibility
ZF Group (ZF) continues to hold a solid majority in ZF Commercial Vehicle Control Systems India Limited (ZF CVCS India)Read more
Valeo to increase R&D digitalisation with Dassault Systèmes
Valeo will deploy Dassault Systèmes’ 3DEXPERIENCE platform to optimise the development of new technologies for safer and more sustainable mobility. Read more