One Thing Today in Tech
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Agnikul successfully tests rocket for lift off. Here's what comes next
Agnikul Cosmos, a space launch vehicle startup in Chennai, yesterday successfully tested its first technology demonstrator rocket that showed its one-piece 3D-printed engine worked as intended, in a sub-orbital mission. To understand the significance of this success, Forbes India spoke with Narayan Prasad, chief operations officer at Satsearch, a Netherlands headquartered marketplace for the space industry, and co-founder and director of research and operations at Spaceport SARABHAI, a space economy think tank in India
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Why the RBI's fintech repository can be a game changer for startups in the sector
A year after it first announced the plan, the Reserve Bank of India yesterday launched a Fintech Repository that the regulator hopes will foster innovation by allowing it to stay abreast of the cutting edge of innovation in the industry. In this episode, Manish Kumar, co-founder and CEO of KredX, a startup specializing in supply chain finance, gives us a sense of why fintech entrepreneurs are welcoming this move
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Can India power its data centres sustainably? Here's what you should know
The demand for data centres in India is surging, driven by everything from the expansion of the so-called global capability centres to the rise of our digital economy and the laws around localization of data as required under the data protection rules. In this episode, Arjun P Gupta, founder and CEO of Smart Joules, in New Delhi, which provides HVAC management and energy efficiency solutions, offers a quick overview of some of the practical challenges we face in powering India's data centres with green energy
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In India's evolving e-commerce scene, can Flipkart make it quick?
Google's large investment in Flipkart that was announced last week comes as a pleasant surprise even to seasoned investors in India's digital economy. Abhishek Goyal, co-founder of Tracxn, and an early investor in Flipkart, reckons the deal could be a straightforward bid to expand Google's cloud business with a large account. But as the funding turns the spotlight on India's e-commerce, there are several noteworthy developments in the sector, Goyal points out
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Why Google wants to make its Pixel smartphone in India
Google is reportedly ready to make its Pixel phones in India, starting with the Pixel 8 to be assembled at a Foxconn International plant in Tamil Nadu. Tarun Pathak, research director at Counterpoint Technology Market Research, and Navkendar Singh, associate vice president at IDC India, unpack the big picture here. Google is starting small but has the heft to scale in a massive market by sheer numbers that is far from saturated. The long-term play is also about tapping the maturing electronics ecosystem in India over the next decade and beyond
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Why some Indian tech startups are coming home now
Why are some of India's best-known fintech startups, but also others, engaging in what is popularly called a "reverse flip" to move their holding parent entities back to India from countries such as the US, Singapore and so on. It can be a fairly complex, time-consuming process, but these companies - Groww, PineLabs and Razorpay are in the news - feel it's worth the trouble. In this episode, Keyur Shah, Partner and Leader - Financial Services Tax, EY India, succinctly unpacks this trend
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How Satya Nadella wants to bring Microsoft AI to everyone
Microsoft CEO Satya Nadella offered a glimpse into his plan for how the company will bring AI to everyone — via its Copilot stack on its Azure cloud platform, keynoting the company's 14th edition of its annual developer conference, Build, on May 21. In this episode, Sidhant Rastogi, president for technology services and platforms at Zinnov, a management consultancy, and Deepika Giri, associate vice president and head of research — big data and AI, at IDC Asia Pacific, unpack the big picture from Nadella's speech
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How real is the AI opportunity for Indian IT companies?
A report last week from Tata Consultancy Services on "AI for Business" revealed some of the barriers to achieving the so-called "transformation" that large companies seek, in implementing new tech and processes — especially generative AI in this case. So where does the IT services industry really stand with respect to generative AI as an opportunity for serious growth. Yugal Joshi, a partner at Everest Group, an IT outsourcing consultancy, gives us a glimpse into the nuances involved
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Debjani Ghosh at Nasscom on the AI opportunity for India's tech industry
Nasscom, India's biggest technology industry lobby, had their annual flagship conference last week, and every conversation was about artificial intelligence. In this extended edition of One Thing Today in Tech, we bring you a quick chat with Nasscom's President Debjani Ghosh, who gives us a sense of how India's tech services companies are approaching the AI opportunity
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How India's IT services industry is approaching the AI opportunity
India's efforts to build core AI technologies is at best at a nascent stage. At the country's biggest tech industry lobby Nasscom's annual flagship conference last week, we caught up with Debjani Ghosh, the organisation's president, for a quick chat on the topic. Ghosh spoke about how India's tech services companies are approaching the AI opportunity, including lessons from India's experiment with its digital public infrastructure
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How Infosys, TCS might benefit as enterprises move to sunset legacy apps using AI
India's top IT companies might benefit as their biggest customers look to finally sunset legacy applications that are only being maintained for the critical data they hold. Enterprises with thousands of applications have marked one in ten as 'end of life,' the consultancy ISG, notes in a recent analysis. In just Asia Pacific, which lags the US in generative AI investments, companies are expected collectively spend some $3.4 billion over the next year, Infosys estimates in a recent report