CCI okays acquisition of stake in Kestrel Coal Group by Yancoal Australia (See 'Corp Brief') CCI approves acquisition of 100% share capital of Tao Digital Solutions by Cyient Ltd (See 'Corp Brief') IPR - Without solid proof of 'deceptive similarity' or established market 'goodwill,' brand owner cannot restrain competitor from using common descriptive words or distinct symbols: HC (See 'Legal Desk') CSR must move beyond expenditure to outcomes & value addition for communities: IICA (See 'Corp Brief') Scindia commends C-DOT Scientists, Researchers and Young Officers (See 'Corp Brief') IPR - Applicant may correct or amend trademark application so long as change does not amount to substantial alteration of mark originally applied for: HC (See 'Legal Desk') Railways launches Special Drive for Disinfection of Drinking Water Tanks (See 'Corp Brief') Regional Manthan Conference on Road Safety held (See 'Corp Brief') Minister highlights successful Blended Green-Finance Framework for Land Restoration (See 'Corp Brief') IPR - Mere addition of descriptive suffix or insertion of corporate descriptors in trade name, does not sufficiently distinguish, particularly when competing goods target same class of consumers: HC (See 'Legal Desk') India Post accelerates Digital and Infrastructure Transformation with Upgraded Dak MITRA (See 'Corp Brief') NA-Allocated Talabira II & III Coal Mines mark Record Production in FY 2025-26 (See 'Corp Brief') MeitY Startup Hub, MSH Emerging as Key National Enabler for India's Startup (See 'Corp Brief') SEBI - Bail denied where alleged offences involve large-scale cheating of investors and mobilisation of public funds, causing harm to individuals as well as to public confidence & economy: HC (See 'Legal Desk') India-Cambodia Bilateral Trade grows over 36% to USD 406.78 Million (See 'Corp Brief') India restored 21.76 mn ha land during 2011-2020: Yadav (See 'Corp Brief') IBC - Extraordinary remedies such as forensic audit u/s 241-242 of Companies Act cannot be granted on mere allegations or shareholder distrust: NCLT (See 'Legal Desk') NCSK distributes Appreciation Certificates among Outstanding Safai Karamcharis (See 'Corp Brief') Stakeholders explore actionable measures to promote inclusivity across financial institutions (See 'Corp Brief') SEBI - Writ court's intervention not needed in respect of a preliminary SCN proposing to conduct an inquiry & giving opportunity to petitioner to present objections: HC (See 'Legal Desk') EPFO urges establishments to utilize Employees' Enrolment Campaign, 2026 (See 'Corp Brief') SEBI - Regulator cannot substitute its own commercial judgment for business decision of a company in relation to funding its wholly owned subsidiary: SAT (See 'Legal Desk') MoS delivers inaugural address at BRICS Science Ministerial Meet at Chennai (See 'Corp Brief') SEBI - Noticee cannot be held liable for carrying out unregistered investment advisory activities or for promising assured returns where evidence does not exist to show that Noticee conducted core advisory activities: SEBI (See 'Legal Desk') Procurement of tyres: CCI imposes penalty on Rekha Agencies and SS Marketing (See 'Corp Brief') Sonowal inaugurates Rs 428 Crore Projects at Paradip Port (See 'Corp Brief') Committee discusses Next Phase of UDAN & strengthening of Pilot Training Ecosystem (See 'Corp Brief') IPR - Trademark registration is liable for cancellation u/s 57(2) of Trade Marks Act if it is made without sufficient cause: HC (See 'Legal Desk') Office of Pr. CCA, Delhi, celebrates National Senior Citizens Day (See 'Corp Brief') SARFAESI - In respect of monies recoverable from a defaulting entity, the dues payable to a bank, being financial creditor, do not take precedence, over dues owed to the EPFO: HC (See 'Legal Desk') Tete-a-tete around AI in banking sector often begins with algorithms (See CORP EINSICHT)

Quantum Computing to be at core of growth: MoS

Published: Jan 31, 2023

By TIOLCorplaws News Service

NEW DELHI, JAN 31, 2023: THE Minister of State for Electronics & Information Technology and Skill Development & Entrepreneurship, Rajeev Chandrasekhar yesterday said that Quantum Computing will be at the core of India's growth and expansion in India's Techade.

"It is PM Narendra Modi's vision to create a India centric Quantum tech ecosystem with partners and players around the world. We are working together to build an ecosystem of innovation, along with startups, R&D laboratories, higher education institutions. Quantum Computing will be at the core of the growth and expansion in India's Techade," Rajeev Chandrasekhar said, while virtually inaugurating a two-day Symposium on the Quantum Computing Ecosystem held at C-DAC, Pune.

The symposium aims to project India's capabilities in Quantum Computing. It aims to explore the technologies, systems and subsystems which make up the building blocks of quantum computers and bring about a synergy among key stakeholders to build a commercial scale Quantum Computer.

Rajeev Chandrasekhar spoke about the disruptive role of Quantum Computing and pointed out that it is going to be the next big idea that will disrupt technology in general and computing in particular.

"We need to really work together to build a complete quantum ecosystem of innovation, startups, research labs, higher academic institutions, domestic companies, foreign companies, foreign academics for creating an India centric Quantum Ecosystem that works very well with other partners and players around the world," the Minister said.

Emphasising that Technologies such as Quantum Computing will be at the core of country's economic expansion in the India decade, Rajeev Chandrasekhar said, "On one hand of the spectrum at the cutting edge we intend to build capabilities in quantum and high performance computing and on the other hand we want to build consumer products, digital products, devices and solutions and allow more digital empowerment of the 1.2 billion Indians who will be connected to the internet by 2025-2026."  

The Minister said the Hon. Prime Minister, Narendra Modi Ji's vision is to transition India from being a mere consumer of technology to being an architect and designer and producer of technology and spoke of how the Government has created an electronics manufacturing ecosystem from scratch in the past eight years-- making India a trusted partner in the global supply chain of electronics. 

This event was also attended by Alkesh Sharma, Secretary, MeitY, Bhuvnesh Kumar, Additional Secretary, MeitY, Prof. Barry Sanders, University of Calgary, Canada, Prof. Andrew Briggs, Oxford University & Chair QuantrolOx, UK, E. Magesh, DG, C-DAC, Sunita Verma, Group Coordinator, R&D in IT, MeitY, Dr. Ekta Kapoor, Head, FFT Division, DST, Dr. Preeti Banzal, Scientist 'G' and Adviser, PSA, GoI, Col. A.K. Nath (Retd.), Executive Director, Corporate Strategy and C-DAC, Pune, Dr. Anindita Banerjee, Adjunct Scientist, C-DAC R&D and senior scientists from research labs and industries from India, Israel, Netherlands, Switzerland, Finland and USA.

TIOL CORP SEARCH

TIOL GROUP WEBSITES