With 90 out of 128 companies & 64% of investments, Karnataka top beneficiary of Centre's Electronics Development Fund
Karnataka received the most funding from the central government's Electronics Development Fund. The fund's associated venture funds invested over Rs 1,335 crore in 128 companies. Karnataka-based firms secured Rs 854.5 crore, representing nearly two-thirds of total investments. Telangana, Maharashtra, and Delhi also saw significant investments in technology startups. The fund, managed by Canbank Venture Capital Fund, is now in its divestment phase.
This summary was generated by PolitGlobe's AI pipeline from publicly available reporting at Times of India. For the full original article, visit the source below.
Read full article at Times of IndiaRelated coverage
Sam Altman meets lawmakers on back of OpenAI agents hacking companies
US President Donald Trump says he is considering 'AI controls' following OpenAI's disclosure.
Delhi high court refuses HPV shots stay, but seeks Centre's response
The Delhi High Court declined to halt the HPV immunisation campaign. Authorities must now explain the vaccine's introduction within four weeks. The court emphasized the need for proper protocols before administering vaccines. A Public Interest Litigation raised concerns about long-term safety and consent. The next hearing for this matter is scheduled for October 29.
Government: North-east cartels shifting towards synthetic drugs
Northeast drug syndicates are shifting towards synthetic drugs from Myanmar. They are increasingly using social media and encrypted apps for coordination. Traffickers exploit porous borders and forest routes for cross-border smuggling. Narcotics are concealed in legitimate cargo and passenger vehicles. Moreh-Tamu border remains a key transit point for these drugs.
Myanmar court sentences activists to 37 years over election protest
Nine activists face prison terms of up to 37 years for protesting the military-backed December elections.