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Department for Promotion of Industry and Internal Trade (DPIIT) announced a strategic partnership with HCLSoftware, a global leader in software solutions, as a vital component of its Manufacturing Incubation Initiative, on 23rd October 2024 at Vanijya Bhawan, New Delhi. In a bid to revolutionise India’s startup manufacturing ecosystem, DPIIT is creating an environment where corporate houses play a pivotal role in incubating manufacturing startups. Under the Startup India initiative, DPIIT has signed over 80 Memorandums of Understanding (MoUs) with industry stakeholders till date.Startups will have access to the HCL SYNC program for global market exposure, allowing them to showcase their…
India must undergo a revolutionary transformation to rise as a developed economy, said ISRO Chairman S. Somanathan, stressing the importance of technological advancements and product development to drive economic growth. He also praised tech mogul Elon Musk for his innovative work in the space sector, noting that Musk’s achievements have inspired global efforts, including those within ISRO.Somanathan made these remarks while addressing students at the 13th convocation ceremony of the Indraprastha Institute of Information Technology (IIIT) in Delhi here on Saturday. “If India aspires to become the third, second, or even the first-largest global economy, a revolutionary change is needed. Growth…
Paytm’s parent company, One97 Communications Ltd, has received approval from the National Payments Corporation of India (NPCI) to resume onboarding new UPI users. The approval, confirmed in a letter dated October 22, is contingent on compliance with procedural guidelines and circulars issued by NPCI. The NPCI’s nod comes after One97 Communications requested permission in August to onboard new users, a process halted earlier this year due to directives from the Reserve Bank of India. Paytm’s ability to bring in new UPI users was paused following RBI’s instructions in January and February 2024.In its letter, NPCI emphasized that Paytm must adhere…
Paytm’s parent company, One97 Communications Ltd, has received approval from the National Payments Corporation of India (NPCI) to resume onboarding new UPI users. The approval, confirmed in a letter dated October 22, is contingent on compliance with procedural guidelines and circulars issued by NPCI. The NPCI’s nod comes after One97 Communications requested permission in August to onboard new users, a process halted earlier this year due to directives from the Reserve Bank of India. Paytm’s ability to bring in new UPI users was paused following RBI’s instructions in January and February 2024.In its letter, NPCI emphasized that Paytm must adhere…