CCI approves subscription of securities of Gentari Renewables India by Sapphire US HoldCo (See 'Corp Brief') CCI approves acquisition of business of Deutsche Bank by Kotak Mahindra Bank (See 'Corp Brief') MoRTH, Bihar sign MoU for Scientific Desilting of Water Bodies (See 'Corp Brief') NITI Aayog and GIZ India sign Implementation Agreement to accelerate Road Freight Decarbonisation (See 'Corp Brief') Union Sports Minister Launches NDTL Extramural Research Grant Policy (See 'Corp Brief') PBPT - Intention behind benami arrangement may be inferred from surrounding circumstances & material on record, even where such intention is not established through direct evidence: Tribunal (See 'Legal Desk') RM calls for balancing operational requirements with research freedom to drive innovation (See 'Corp Brief') APEDA facilitates export of 1.3 MT of Sinduri Pomegranates from Kullu to Dubai (See 'Corp Brief') India elected President of ISA for the 3rd consecutive term: Minister (See 'Corp Brief') Competition Act - Relief being of the nature of final relief cannot be sought at a stage when the matter is being investigated by the DG: CCI (See 'Legal Desk') National Orientation Programme for Tribal Healers on Public Health held in Hyderabad (See 'Corp Brief') CSIR-NIScPR organises third International Conference on Dissemination of Traditional Knowledge (See 'Corp Brief') A&C - Judicial intervention in arbitral proceedings is warranted only in exceptional cases, such as where party is left remediless under the statute or where clear bad faith is established: HC (See 'Legal Desk') WCL emerges as Growth Engine of Coal India, Records Strong Growth in Production (See 'Corp Brief') DPIIT implements Special Campaign to minimise Pendency Across Offices (See 'Corp Brief') SEBI ACT - Provisions of SEBI (Prohibition of Insider Trading) Regulations are violated where an employee of the Company, possessed & communicated Unpublished Price Sensitive Information regarding its forthcoming financial results to an outsider who then traded in company's shares based on such information: SAT (See 'Legal Desk') CCI approves acquisition of certain stake in Vodafone Group PLC by Vega SAS (See 'Corp Brief') CCI approves acquisition of equity of Solenergi Power by Aditya Birla Renewables (See 'Corp Brief') CCI approves acquisition of certain shareholding in Navi Ltd by MIH Payments (See 'Corp Brief') Insolvency and Bankruptcy Code, 2016 - A post-admission settlement can automatically bypass statutory mechanism mandated under Section 12A of the IBC, 2016, particularly in light of stringent amended provisions governing withdrawal of admitted applications: NCLAT (See 'Legal Desk') CCI approves acquisition of equity share capital of IntelliSmart Infrastructure by Adani Energy (See 'Corp Brief') CCI approves merger of Sapphire Foods India with and into Devyani International (See 'Corp Brief') 87 Crores Individuals Screened for Oral, Breast and Cervical Cancers (See 'Corp Brief') Insolvency and Bankruptcy Code, 2016 - Liquidator's claim for refund cannot be adjudicated in the summary jurisdiction under Section 60(5) of the Code, more so where the parties' claims have not been crystallised through adjudication: NCLT (See 'Legal Desk') India-BLEU Joint Economic Commission Session Held in Luxembourg (See 'Corp Brief') India to promote South-South Cooperation and share Agricultural Innovations (See 'Corp Brief') Companies Act, 2013 - Pendency of challenge to a judgment before a Division Bench does not extinguish its binding force, where judgment is neither set aside nor stayed: HC (See 'Legal Desk') Of 137 commercial mines allocated since 2020, 25 are producing (See 'Corp Brief') MoS releases Foreign Language Compendium of DRDO Products for engagement with international partners (See 'Corp Brief') Trade Marks Act, 1999 - Court's intervention is needed where the parties furnish affidavits making undertakings that effectively resolve the issues at hand: HC (See 'Legal Desk') An unsuccessful 'success fee' litigation (See CORP EINSICHT)

Print

Technology Park being developed to facilitate Deep-tech Start-ups: MoS

Published: Mar 13, 2025

By TIOLCorplaws News Service

NEW DELHI, MAR 13, 2025: UNION Minister of State (Independent Charge) for Science and Technology; Earth Sciences and Minister of State for PMO, Department of Atomic Energy, Department of Space, Personnel, Public Grievances and Pensions, Dr. Jitendra Singh said here today that "Technology Parks" are being developed to facilitate Deep-tech StartUps.

Chairing a high-level review meeting with the Secretary and senior officials of the Department of Science and Technology (DST) to assess ongoing projects and future initiatives, Dr Jitendra Singh disclosed that four existing technology innovation hubs into Technology Translation Research Parks (TTRP) to facilitate deep-tech startups and industry-academia partnerships. These hubs, located at IIT Kanpur (cyber security), IISc Bangalore (robotics and autonomous navigation), IIT Indore (healthcare), and ISM Dhanbad (mining), will provide infrastructure and support for translational research.

The meeting focused on India's progress in emerging technology domains, including hydrogen energy, quantum computing, and technology innovation hubs.

During the discussion, Dr. Jitendra Singh was briefed on the National Green Hydrogen Mission, where DST is set to be the implementing agency.

Dr. Jitendra Singh emphasized the need for coordination with the Ministry of New and Renewable Energy (MNRE) to expedite implementation and ensure effective policy alignment.

The Minister also reviewed advancements under the National Quantum Mission, where India has established four quantum technology hubs at IISc Bangalore, IIT Bombay, IIT Delhi, and IIT Madras. These hubs focus on computing, communication, sensing, metrology, materials, and devices.

Officials reported that the mission has so far supported eight quantum startups, two of which-QPi AI and QNU Labs-are developing advanced quantum computing and communication solutions. Dr. Jitendra Singh highlighted the importance of industry collaboration to accelerate quantum research and its commercial applications.

In addition, the meeting covered the upgrade of four existing technology innovation hubs into Technology Translation Research Parks (TTRP) to facilitate deep-tech startups and industry-academia partnerships. These hubs, located at IIT Kanpur (cyber security), IISc Bangalore (robotics and autonomous navigation), IIT Indore (healthcare), and ISM Dhanbad (mining), will provide infrastructure and support for translational research.

The Minister also discussed India's growing international collaborations in science and technology. He acknowledged recent engagements with global partners, including the United States and European Union, to strengthen research cooperation. Officials highlighted that India is set to participate as an associate member in the EU's Horizon research program, pending financial and policy negotiations.

Dr. Jitendra Singh reiterated the government's commitment to advancing technology-driven solutions and creating opportunities for Indian scientists, entrepreneurs, and researchers. The meeting concluded with a directive to fast-track the implementation of key projects and ensure sustained momentum in India's scientific and technological growth.

TIOL CORP SEARCH

TIOL GROUP WEBSITES

taxindiaonline
taxindiainternational
TKF
TIOLawards
A TIOL Website. Copyright © 2025 TIOLcorplaws.com All rights reserved.