New Delhi, March 6 (IANS) Society for Innovation and Entrepreneurship (SINE) — the IIT Bombay-backed broad-spectrum technology business incubator — is selling about 4 lakh shares in the SEDEMAC Mechatronics initial public offering (IPO), according to the filings.The company’s red herring prospectus (RHP) has highlighted that SINE will offload 4,08,000 equity shares.On a pre-offer paid-up equity share capital basis, this represents 0.92 per cent, indicating that the incubator is expected to e…
Latest IIT Bombay News & Updates
Mumbai, Feb 22 (IANS) Five live 7.65 mm cartridges were recovered from the bag of a student at the Indian Institute of Technology (IIT) Bombay in Powai during a security check inside the hostel premises, following a minor dispute over money between students, officials said on Sunday.Acting on a complaint filed by a campus security officer, Powai Police have registered an FIR against an accused and launched a detailed investigation.”Preliminary findings suggest that the live cartridges were broug…
Mumbai, Feb 20 (IANS) The Indian Army and the Indian Institute of Technology Bombay have formalised a strategic Memorandum of Understanding (MoU) to advance collaborative research, software innovation and talent development, a Defence Ministry official said on Friday.“The partnership aims to harness Army-Academia synergy to accelerate indigenous technological solutions and strengthen capability development in emerging domains,” said the official in a statement.The MoU also aims to forge the …
New Delhi, Feb 19 (IANS) Demand for artificial intelligence (AI), for both consumers and enterprises, is inevitable at population scale, just as seen with mobile data and unified payments interface (UPI), according to Sunil Gupta, Co-founder, CEO and MD, Yotta Data Services.Yotta Data Services has announced to deploy 20,736 liquid-cooled NVIDIA Blackwell Ultra GPUs, forming one of Asia’s largest AI superclusters. This represents an investment exceeding $2 billion and is expected to go live by …
New Delhi, Feb 17 (IANS) The India Deep Tech Alliance (IDTA) and the University of Chicago’s Polsky Center for Entrepreneurship and Innovation on Tuesday announced the launch of the India Deep Tech Accelerator, a 10‑week programme designed to help IIT‑affiliated deep‑tech startups scale internationally.The initiative, led by Polsky Center, is developed in collaboration with leading Indian Institutes of Technology (IIT) innovation networks and incubators, including SINE at IIT Bombay, FIT…
New Delhi, Feb 15 (IANS) India is set to take a major step in artificial intelligence with the launch of PARAM-2, a 17-billion-parameter multilingual AI model, at the upcoming India AI Impact Summit 2026. Developed under the BharatGen programme, PARAM-2 represents India’s push to build its own sovereign foundational AI models designed specifically for the country’s languages, governance needs and cultural realities.BharatGen is India’s national generative AI initiative, supported by the De…
Jaipur, Feb 4 (IANS) A 21-year-old student from Rajasthan died after falling from the hostel terrace at the IIT-Bombay campus in the wee hours of Wednesday. The student, identified as Naman Agarwal, was a second-year BTech Civil Engineering student and a resident of Pilani in Jhunjhunu district. According to police officials, Naman allegedly jumped from the roof of the ninth floor of Hostel No. 4 at the Powai campus around 1:30 am. He was rushed to a nearby hospital after being found critically …
New Delhi, Jan 29 (IANS) Prime Minister Narendra Modi on Thursday told top CEOs and experts working in the field of Artificial Intelligence that there should be no compromise on the ethical use of AI.The Prime Minister was interacting with the CEOs in a meeting held at his Lok Kalyan Marg residence, in the run-up to the IndiaAI Impact Summit in February. The session was aimed at fostering strategic collaborations, showcasing AI innovations, and accelerating India’s AI mission goals.PM Modi hig…
New Delhi, Jan 22 (IANS) A team of bioengineers at the Indian Institute of Technology (IIT) Bombay has developed new smart platforms –BrainProt and DrugProtAI — that unify data on scattered brain diseases to help researchers find markers, explore treatments, and pinpoint druggable targets.BrainProt v3.0 is a database that combines various types of biological data — from genes to proteins — into a single platform to enable systematic insights into human brain function in both healthy and dise…
New Delhi, Jan 11 (IANS) The National Highways Authority of India (NHAI) has, in a landmark achievement, successfully created four Guinness World Records in its ongoing construction work on the Bengaluru–Kadapa–Vijayawada Economic Corridor of National Highway-544G, according to an official statement issued on Sunday.On January 6, the NHAI made two Guinness World Records near Andhra Pradesh’s Puttaparthi. The first was the record for the longest continuous laying of bituminous concrete, cover…