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Business Economy


SRiX, Cranfield Varsity signs agreement to aid India, British start-up entrepreneurs access to new business development

Hyderabad, Jan 10 (UNI) Emergent Tech Business Incubator SR Innovation Exchange (SRiX) in Telangana, and UK-based Cranfield University have signed a collaborative agreement to provide British and Indian start-up entrepreneurs access to new business development and academic expertise.

Under the agreement, a 10-week immersion programme is being developed with Indian start-up companies mentored in the UK by leading Cranfield academics, a release said here on Thursday.

Both organisations aim to leverage experience in industry partnerships, applied research projects, business education and entrepreneurial development programmes.

The partnership extends knowledge exchange, between experts from Cranfield visiting SRiX to conduct learning sessions focused on manufacturing excellence.

Cranfield will also support SRiX to design innovation programmes for corporate clients in the manufacturing sector.

SRiX CEO, Sreedevi Devireddy, said This is part of our strategic steps to build partnerships and leverage globally known academia and industry leader’s knowledge to help SRiX incubatee grow.

SRiX will also play the role of an anchor organization for Cranfield University’s initiatives in Telangana. Such partnerships have the potential to lead to many positive network effects, which make a useful building block for nurturing entrepreneurial eco-system in Tier-2 cities, Sreedevi added.

Cranfield University Pro-Vice-Chancellor (International) Professor Simon Pollard, said This agreement will further enhance our strong links in India and will enable to share our academic expertise, particularly within the manufacturing sector.

Launched in Warangal city in Telangana on March 2018 and founded by A. Varadha Reddy and A. Madhukar Reddy of the well-known SR Education group (Warangal), SRiX is supported by the Department of Science and Technology (government of India).

Less than a year old, SRiX is host to 24 promising startups from across the country, building innovative products using hardware and software technologies such as IoT, AI, VR/AR and Data Analytics. SRiX focuses in strategic areas of Agriculture, Healthcare, Environment and Education.

The centre is equipped with IoT & ESDM CoE, MakerSpace, 3D prototyping zone, Fabrication Zone and AI & ML software innovation lab.
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Cadence Delivers Machine Learning-Optimized Xcelium Logic Simulation with up to 5X Faster Regressions

12 Aug 2020 | 10:24 PM

SAN JOSE, Calif. and BENGALURU, India, Aug. 12, 2020 /PRNewswire/ -- Cadence Design Systems, Inc. (NASDAQ: CDNS) today announced that the Cadence® Xcelium™ Logic Simulator has been enhanced with machine learning technology (ML), called Xcelium ML, to increase verification throughput. Using new machine learning technology and core computational software, Xcelium ML enables up to 5X faster verification closure on randomized regressions.

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CenturyPly sees a positive EBITDA of over 5 Crore in first qr of FY 2020-21

12 Aug 2020 | 10:20 PM

Kolkata, Aug 12 (UNI) India’s leading plywood company, Century Plyboards (India) Ltd.,
today announced its results for the first quarter of FY 20-21 with a net revenue from
operations at Rs 200.68 crore, a decrease of 65 per cent over corresponding period of
last financial year ( Rs. 573.71 crore).

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Ashok Leyland Q1 FY ’21 revenues at Rs 651 Cr

12 Aug 2020 | 9:17 PM

Kolkata, Aug 12 (UNI) Ashok Leyland Limited, flagship of the Hinduja Group, reported
a revenue of Rs. 651 Cr for Q1 FY ’21 as against Rs. 5684 Cr for the same period
last year.

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Tanla announces un-audited financial results for Q1FY2021

12 Aug 2020 | 9:11 PM

HYDERABAD, India, Aug. 12, 2020 /PRNewswire/ -- The Board of Tanla Solutions Limited (NSE: TANLA) (BSE: 532790) at its Board Meeting held on August 12, 2020 announced the un-audited financial results for the quarter ended on June 30, 2020 for FY21.

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I-Day Celebrations : GCOT announces 'Gramodaya Bandhu Mitra Puraskar'

I-Day Celebrations : GCOT announces 'Gramodaya Bandhu Mitra Puraskar'

12 Aug 2020 | 7:44 PM

Hyderabad, Aug 12 (UNI) Gramodaya Chamber of Commerce and Technology (GCOT), a non for profit Social Enterprise, founded by the Alumni of Osmania University, to emancipate the life of Rural dwellers, on Wednesday announced “Gramodaya Bandhu Mitra Puraskar” on the eve of 74th Independence Day Celebrations.

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