Tag: Information Technology (IT)

RBI imposes monetary penalty on three NBFCs for non-compliance with directives

On September 4, 2024, SMFG India Credit Company Limited (formerly known as Fullerton India Credit Company Limited) was fined Rs 23,10,000 for violating RBI's Information Technology (IT) and cybersecurity guidelines.

September 14, 2024

India’s Data Centre boom to drive USD 5.7 billion investments by 2026: JLL

The report highlights that India's data centre industry will add 791 MW capacity by 2026 and this expansion will lead to a demand of 10 million sq. ft of real state space.

May 24, 2024

India will be fabricating 300 crore semiconductor chips in a year: IT Minister

The first India-made chip from the Rs 22,500 crore Micron semiconductor plant in Gujarat is set to arrive in December this year.

March 2, 2024

$300 bn electronics production in few years a realistic, achievable target: IT Minister

India has become the second-largest manufacturer of mobile phones in the world (in volume terms).

February 10, 2024

AI will be at the forefront of smartphone tech transformation: Industry

Madhav Sheth, CEO of homegrown company HonorTech, said that the smartphone industry is evolving at a rapid pace, and AI is at the forefront of this transformation.

January 3, 2024