June 9, 2017

News for the IET

How technology and auto companies are coming together for a self-driven, connected futureedit

Digit

By Souvik Das

Technology companies are working extensively on automotive projects driven by powerful processor boards, artificially intelligent and increasingly complex algorithms, imaging components and elaborate services, to bring forth vehicles that will redefine in-car luxuries, alter the way we drive and give automobile giants a new industry altogether.

Dr. Rishi Bhatnagar: Chairman of IET India IoT panelIET India IoT Panel
The IET participates in the Global Skill and Employment Partnership Summitedit

Dainik Kausar  (Scanned Clip attached in mail)

The Government of Madhya Pradesh today, organized the Global Skill and Employment Partnership Summit 2017 (GSEP), a flagship event on skill development and employment opportunities in the State of Madhya Pradesh at Amer Greens, Bhopal.  Mr. Shekhar Sanyal, Director and Country Head of the Institution of Engineering and Technology was the guest of honour at the event.

Mr Shekhar Sanyal: Director and Country Head of the IETThe IET
The IET participates in the Global Skill and Employment Partnership Summitedit

Pradesh Times (Scanned Clip attached in mail)

The Government of Madhya Pradesh today, organized the Global Skill and Employment Partnership Summit 2017 (GSEP), a flagship event on skill development and employment opportunities in the State of Madhya Pradesh at Amer Greens, Bhopal.  Mr. Shekhar Sanyal, Director and Country Head of the Institution of Engineering and Technology was the guest of honour at the event.

Mr Shekhar Sanyal: Director and Country Head of the IETThe IET

News for other PEI

No specific news for the PEIs todayedit

Scroll down for key industry stories for the day.

Industry News: Information and Communications

Why we need to empower the tech ecosystem in Indiaedit

The Hindu

Why is this happening, and why now? At the very heart of digital transformation, is data. With the swift and rampant adoption of automation and technologies such as Internet of Things (IoT), the world is producing more data than ever before in history. To deal with the data deluge in a way that it can be harnessed to a business outcome is the need of the hour.

Internet of Things
IT majors face multiple margin issuesedit

Business Standard

The sector has been grappling with structural and cyclical growth issues in recent times. These include the disruption caused by strong rises in client spending on digital technologies such as automation, the internet of things (IOT), cloud and data analytics.

IoTIT Sector
How innovations in AI, virtual reality are advancing healthcare in India to new frontiersedit

ET Small Biz

By J Vignesh

For Manish Singhal, founding partner of AI and IoT-focussed fund pi Ventures, the emergence of such technologies is a “leapfrog moment in healthcare.” “If (the startups) get it right, and market adoption happens, these companies will become valuable. (This is) definitely early, but we are seeing some really good work. As compared to the Valley, it is definitely early, but the growth rate is rapid,” he said.

Artificial IntelligenceIoT
Six things every consumer should know about the ‘Internet of Things’edit

Business Standard

While the Internet of Things (IoT) may lead to more efficiency in our daily lives, my research shows that consumers are exposed to many risks by the use of IoT devices, ranging from disclosure of private information, to physical injury and problems with the devices themselves.

Internet of Things
Digitization can pave the way for Internet of Things in Indiaedit

Mint

India is set for a “digitization revolution” which, in turn, would fuel the growth of the Internet of Things (IoT). IoT is bridging the physical, digital, cyber and virtual worlds and this requires extensive information processing capabilities.

Internet of Things

Industry News: Education

Indian higher education is deficient in pushing the boundaries and ingenuity forwardedit

The Economic Times

It’s heartening that three Indian universities feature among the top 200 in the latest QS world ranking of universities. However, there is no gainsaying that Indian higher education is deficient, when it comes to pushing the boundaries of human insight and ingenuity forward. India needs to cover a huge ground, starting from primary education, to become a knowledge society by global standards.

Higher Education
4,000 Indians seek US visa for higher educationedit

The Economic Times

Around 4,000 Indian students appeared for interviews on Thursday to secure the American visa to pursue higher education in the US, brushing aside fears of hate crimes in that country.

Higher Education

Uncategorized

Winds of Changeedit

Forbes

For the last 12-18 months, global capital has been keenly looking to invest in the Indian renewable energy space, given the growing demand and a governmental push for clean energy in India. One of the significant transactions to take place in this calendar year was in January when International Finance Corp (IFC), a member of the World Bank Group, invested $125 million for an undisclosed stake in HFE.

Renewable Energy
India’s Bold Vision In Scaling Up Solaredit

Forbes

In addition, the government proactively leveraged IFC’s expertise as a transaction advisor in simulating a typical ‘private sector decision-making framework’ to assess the project for achieving optimum bid outcomes. This enabled the government to systematically identify risks that impact private sector returns and discover the appropriate energy tariff. Engaging IFC translated into extensive negotiations of power purchase agreements and other project agreements with stakeholders prior to bidding.

Solar Energy
GST To Have Marginally Negative Impact On New Solar Projects: ICRAedit

Energy Sector

The GST rate of five per cent on solar PV cells and modules is likely to have a marginally negative impact on new solar power projects, says ICRA. The GST rate of five per cent is finalised on solar PV cells and modules as per the notification dated June 3, 2017 which thus clears the ambiguity surrounding the applicable rate, the rating agency said in a statement issued here today.

Solar Energy
Govt showers Rs 16,000-crore bailout on hydro power sectoredit

Business Standard

By Shreya Jai

The Centre has decided to provide a Rs 16,000-crore bailout package to the hydro power sector, drowning under a spate of stalled and stressed projects. This is the first package for the power sector provided by the current government.

 

Renewable Energy
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