GLOBAL STRATEGIC CLOUD ALLIANCE
India a key ally of US in rivalry with China: US ambassador to India
America is investing locally and joining hands with allies such as India to ensure a free and open Indo-Pacific region while competing with China, US ambassador to India Eric Garcetti said.
Cloud resources biggest targets for cyberattacks in India, says study
Thales' 2024 Cloud Security Study indicates cloud resources are primary cyberattack targets in India. Firms prioritize security spending, with 37% facing breaches affecting sensitive data. Digital sovereignty, multi-factor authentication, and addressing human error are crucial. Cloud storage, SaaS applications, and Cloud Management Infrastructure are targeted.
IT service exports should start diversifying in AI, cloud computing and data analytics, say industry players
As the IT service exports come out unscathed amidst a turbulent period for the world, industry players believe it’s time the service portfolio spread out.
Indian law firm SNG & Partners collaborates with Singapore-based ESG firm Snowkap
Mumbai-headquartered law firm SNG & Partners has partnered with Snowkap, a Singapore-based ESG firm, to support global organizations in their sustainability journey. Led by chairman Rajesh Gupta, SNG & Partners has analyzed over 4,000 ESG data points from Indian laws, integrating with Snowkap's capabilities. Co-founders Rajesh Patel and Giri Krishnaswamy highlight the transformative impact of this alliance on reshaping ESG commitments.
In China's backyard, America has become a humbler superpower
Far from Ukraine and the Gaza Strip, as the Group of 7 wealthy democracies gathered in Italy to discuss a range of old, entrenched challenges, the nature of American power is being transformed across the region that Washington sees as crucial for the century to come: the Asia-Pacific.
Modi, Meloni review progress of India-Italy strategic partnership on the sidelines of G7 Summit
Prime Minister Narendra Modi met with Italian Prime Minister Giorgia Meloni on Friday at the end of his day-long visit to Apulia in southern Italy. During the meeting, he expressed his gratitude to Meloni for inviting him to the G7 Summit.
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India, Italy giving boost to Strategic Partnership, enhancing trade, defence and technology ties
Italy, as India's fourth largest trading partner in the EU, has upgraded bilateral relations to a 'Strategic Partnership.' The focus will be on defence, Indo-Pacific, energy, and technology. PM Modi has been invtited for the G7 Summit Outreach. Celebrating 75 years of diplomatic ties, the countries emphasise rule of law, human rights, and inclusive growth. With significant economic engagement and cooperation in science & technology. The nations continue to enhance their strategic partnership.
Modi at G7 Summit under Italian Presidency: Consolidating strategic partnership
Several ministers from Italy visited India in 2023, for G20 related meetings and held bilateral meetings on the sidelines including the Italian Minister for Foreign Affairs & trade, Finance, Agriculture, Education and Culture Ministers. The Speaker and President of the Italian Senate and Chamber of Deputies participated in the P20 meeting last year. The Indian Foreign, Defence and Commerce & Industry Minister visited Italy last year.
Modi 3.0 in action: NDA's 100-day dash unveiled with key ministry moves
With the National Democratic Alliance assuming power, all Union ministries are set to launch their 100-day plans. ET provides a snapshot of the key government initiatives and actions planned for the next three months.
All about TDP's Chandra Sekhar Pemmasani, part of NDA Cabinet and wealthiest candidate of LS 2024
Chandra Sekhar Pemmasani, the newly elected TDP MP from Guntur and a political novice, will join the NDA government. At 48, Pemmasani, who secured 344,695 votes in the 2024 Lok Sabha elections, is also the richest candidate with over Rs 5,700 crore in declared assets. His swift political ascent and inclusion in Modi's 3.0 cabinet underscore the TDP's strong influence and strategic partnership with the BJP.
India's foreign policy priorities under Modi 3.0
Narendra Modi is all set to become India’s Prime Minister for a third consecutive term. Here's a look at the likely foreign policy priorities under Modi 3.0.
Biden asks Americans to recommit to democracy in Normandy cliff speech
President Joe Biden, in Normandy, compared threats by dictators today to Nazi Germany, urging Americans to resist isolationism and support Ukraine in its war with Russia. He emphasized the heroism of the Army Rangers on D-Day and criticized Trump's isolationist tendencies.
With Congress at 99, has Rahul Gandhi earned his spurs?
The Lok Sabha elections saw BJP fall below the majority mark, with Congress leader Rahul Gandhi emerging as the top opposition leader. Despite BJP's ability to form a government, Rahul's strategic alliances and doubled Congress seats showcase his growing influence.
US National Security Adviser Jake Sullivan expected in India in June for iCET review
US National Security Adviser Jake Sullivan plans to visit India this month to discuss shared priorities with the new government. Sullivan will focus on the iCET review and the upcoming Quad Summit during his trip. Sullivan had twice postponed India trip this year due to West Asia crisis
NSA Jake Sullivan to visit New Delhi to engage new government on shared India-US priorities: White House
US National Security Advisor Jake Sullivan will visit India to discuss shared priorities with the new government, following a call from President Joe Biden to PM Narendra Modi congratulating him on his re-election and emphasizing their commitment to the Indo-Pacific region.
Pill for China plus one
Indian pharma CEOs met senior officials in FDA and other key agencies to start a conversation. Even if a little late, given the looming presidential election, the proposal deserves attention. The basic idea is to capitalise on India's expertise and infra for manufacturing through financial incentives, tech sharing, collaborative research and tech transfers to expand production in both countries. Pursue onshoring in America and friendshoring in India to reduce dependence on China. And aggregate US, Indian and European demand for certain drugs, as IPA secretary general Sudarshan Jain told me.
Why a sub-300 seat Modi in 2024 suits the West
India’s refusal to toe the Western line on Russia and Iran has irked the US and its allies who believe a more modest winning margin for Narendra Modi in 2024 would best serve the West’s interests
Full majority, just majority, hung parliament: S&P Global Market Intelligence analyses scenarios and road ahead for India
S&P Global Market Intelligence anticipates continued policy emphasis on strategic sectors post the Lok Sabha election, regardless of outcomes. Factors influencing voter choices include economic growth, inflation, employment, and foreign policy. The analysis explores three election result scenarios, projecting implications on sectors and foreign policy strategies.
Ola is shifting its IT ops to Krutrim from AWS cloud
This comes two weeks after Ola founder Bhavish Aggarwal snapped ties with Microsoft Azure after LinkedIn deleted his post related to "pronoun illness" of western AI models. Experts, however, say that losing Ola as a customer for AWS and Microsoft is only a needle in the haystack.
Amazon to invest 15.7 billion euros in Spain
Amazon's cloud computing division AWS will invest 15.7 billion euros ($17 billion) to expand its data centres in Spain's Aragon region through to 2033, the US tech giant said Wednesday. Amazon in 2021 had planned to invest 2.5 billion euros in Aragon, where it has three data centres.
Key changes at Wipro; CCI on digital firms’ ‘opaque’ algorithms
IT services company Wipro is undergoing more changes under new CEO Srinivas Pallia. More on this on today’s ETtech Top 5.
Asserting its strategic choice, China backs Russia to the hilt
China supports Russia in the Ukraine conflict, defying calls for neutrality. Xi Jinping and Vladimir Putin, autocratic leaders, reaffirm their alliance during Putin's visit to mark the 75th anniversary of diplomatic relations. They strengthen military cooperation, denounce US actions, and agree on deep-space exploration, satellite navigation systems, telecommunications, and a multipolar world order.
Wipro sees more top deck changes under CEO Pallia's watch
New chief executive Srinivas Pallia is undertaking changes in the senior management of IT major Wipro. This is part of multiple changes Pallia is bringing about since he took the helm earlier this year, after the abrupt exit of Thierry Delaporte.
Growing China-Russia alliance casts shadow over India's defence challenges
The strengthening relationship between Russia and China poses significant strategic concerns for India. As Presidents Vladimir Putin and Xi Jinping reaffirm their nations' close ties amidst the Ukraine conflict, India's dependency on Russian defense supplies and its ongoing border tensions with China create a complex geopolitical scenario. The evolving Sino-Russian partnership challenges India's strategic positioning and highlights critical questions about future military and diplomatic dynamics.
The rise of Xi Jinping as Putin's 'Big Brother': A new chapter in Russia-China ties
Putin's recent visit to China underscores the strengthening bond between the two countries amid Russia's actions in Ukraine. This visit, Putin's first abroad since his re-election, emphasizes the strategic partnership between Russia and China. The visit highlights their military collaboration and economic interdependence, with China's support bolstering Russia's economy and military capabilities. The alliance between Russia and China serves as a counterbalance to Western dominance and has raised concerns in the West about China's role in supporting Russia's military operations.
Will China become the cat among India's EV pigeons?
Chinese electric vehicles are causing concern in the US and Europe due to their affordability and efficiency. The US has responded by imposing tariffs on Chinese EVs and lithium-ion batteries. India may now become a target for Chinese EVs. Stellantis is considering manufacturing Leapmotor's electric vehicles in India to avoid tariffs.
South India, led by Bengaluru and Chennai, spearhead India's tech talent surge
Among functional skills, development (35%) held the highest share of tech hiring demand: Quess Corp Annual Digital Skills Report FY24.
DERC grants regulatory approval to Battery Energy Storage System with GEAPP's support
The project aims to provide 24/7 power to more than 12,000 low-income consumers.
HCLTech announces alliance with Google Cloud to scale Gemini to global cos
HCLTech and Google Cloud collaborate to train 25,000 engineers on GenAI using Gemini AI model. The alliance focuses on manufacturing, healthcare, and telecom sectors. CEO confident about GenAI solutions for accelerated software project delivery.
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