Monday, Apr 23 2018 | Time 11:30 Hrs(IST)
image
image image
  • Vice-President Naidu rejects opposition impeachment motion against CJI
  • "People will revolt": workers say Russia must save sanctions-hit Rusal
  • Karvan-e-Aman bus leaves for PoK
  • China state television shows images of N Korea bus accident
  • Snowfall shuts Srinagar-Leh highway
  • Shiv Sena leader Sachin Sawant shot dead
  • Tokyo 2020 must address questions, says IOC's Coates
  • With test freeze, N Korea settles for imperfect nuclear threat
  • China says many Chinese casualties in N Korea traffic accident
  • S Korea halts border propaganda broadcasts, Trump cautious on N Korea crisis
  • G7 foreign ministers' summit opposes Russia's behavior - US official
  • Former Bosnian Serb leader Karadzic to appeal war crimes conviction
  • Korea says has halted propaganda broadcasts at border with North
  • G7 foreign ministers united in opposing Russia's behavior -U S official
  • U S wants N Korea to dismantle nuclear arms for sanctions relief -report
Business Economy Share

T-Works to be operational by Dec 2018: Minister

Hyderabad, Dec 5 (UNI) Telangana Industry Minister K T Rama Rao on Tuesday said that the T-Works, an incubator especially for hardware, will be operational by December 2018.
In his inaugural address at the two-day 17th India Design Summit, organized by Confederation of Indian Industry (CII) alongwith the National Institute of Design and Government of Telangana held at HICC here,
Mr Rao said said T-Works one of the worlds largest Maker Spaces coming up in 2.5 square feet arear about 3 kms from Hi-Tech city by the same time next year.
This space would allow anyone with an idea to collaborate and create new offerings. Already three companies were tied with T-Works and many more coming into it.
He said that Industry 4.0 was India’s opportunity to lead the world and added that today, collaboration and open sourcing was making an unprecedented opportunity available for Hardware Entrepreneurship as it did for software based entrepreneurship a few years back.
Mr Rao emphasized that good design helps elevate our quality of life and physical environment, bringing about tangible economic and financial dividends in attracting talents and businesses and fostering creativity and hence it is of critical importance for business and society. He expressed that a maturing and growing India requires, without a doubt, excellence in design, as it was not any more a desirable factor, but an essential factor.
Dr Naushad Forbes, Immediate Past President of CII, and Chairman of India Design Council talked about the need to scale the impact of design.
He quoted that India produces hardly about 5000 designers every year whereas South Korea with just 3 per cent of India’s population produces around 25000 designers per year.
Dr Forbes expressed that design must be larger as an enterprise and should get more prominence than it gets now.
MORE UNI VV CS 1733
More News
Delhi HC notice to RBI, Govt, GSTC over circular to ban crypto currency

Delhi HC notice to RBI, Govt, GSTC over circular to ban crypto currency

22 Apr 2018 | 11:07 PM

New Delhi, April 22 (UNI) The Delhi High Court has issued notices to Reserve Bank of India (RBI), the Union Government and the GST Council on a plea challenging a recent circular of the RBI which withdrew banking support to Virtual Currency Exchanges like crypto currencies.

 Sharesee more..

Mahindra Electric and Meru join hands to deploy Electric Vehicles

22 Apr 2018 | 4:44 PM

Hyderabad, Apr 22 (UNI) On the occasion of Earth Day, Mahindra Electric, part of the diversified USD 19 billion Mahindra Group and Meru, the pioneer of tech enabled cab services on Sundy announced a collaboration for a pilot EV project in Hyderabad with the intention to replicate the same model in other cities soon.

 Sharesee more..
India's growth to expand 7 4 pc in next fiscal: RBI Governor

India's growth to expand 7 4 pc in next fiscal: RBI Governor

22 Apr 2018 | 2:10 PM

New Delhi, Apr 22 (UNI) India's growth is expected to expand at 7.4 per cent in the next fiscal, RBI Governor Urjit Patel said.

 Sharesee more..

Banks not investing enough on data infrastructue : Accenture

22 Apr 2018 | 1:04 PM

New Delhi, Apr 22 (UNI) A new report from technology major Accenture has found that many banks have not invested in the capabilities to verify the validity and accuracy of their data.

 Sharesee more..

IBC, RERA pitted against each other: Study

22 Apr 2018 | 10:50 AM

New Delhi, Apr 22(UNI) The two laws enacted in 2016 may have the best of intentions, but the Insolvency and Bankruptcy Code (Code) and the Real Estate (Regulation and Development) Act appear to be pitted against each other when it comes resolving interest of bankers and home-buyers, an ASSOCHAM- Thought Arbitrage paper said.

 Sharesee more..
image