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Hans India
17 minutes ago
- Hans India
Will make Amaravati India's Quantum Valley, says Naidu
Vijayawada: Chief Minister N Chandrababu Naidu on Monday unveiled his ambitious vision to transform Amaravati into a global capital for quantum technologies. Addressing the Amaravati Quantum Valley Workshop here, Naidu said: 'Quantum computing is the need of the hour. By January 1, 2026, the quantum computing centre will be operational in Amaravati. This marks the beginning of the Quantum Valley.' The workshop, jointly organised by the AP government, the Department of Science and Technology (Government of India), TCS and L&T, brought together some of the top minds and institutions in quantum computing. Stressing the need for quantum computing and highlighting the importance of creating a robust ecosystem and identifying relevant use cases, the CM noted that quantum computing would play a crucial role in advancing the state's technological landscape. "Today, we are announcing the Amaravati Declaration. This will take the initiative to its logical conclusion. I assure you, time and again, that if there is any hurdle, I will resolve it. I will sort it out," Naidu said. The Chief Minister underscored the need for integrating quantum computing in sectors like governance, personal medicine, vaccine production, aerospace, drones, and education. Earlier, IT Minister Nara Lokesh said Amaravati will soon host the IBM-2 Quantum Computer with 156 qubits, making it the first of its kind in South Asia. He stressed the need for a quantum-ready workforce, urging premier institutions like IITs to co-develop a curriculum for future quantum engineers. 'Today marks a new chapter. I was in seventh class when CM Naidu started the IT revolution in Hyderabad. Now, I am honoured to lead the quantum movement in Andhra Pradesh,' he said Lokesh further explained: "This is not just about joining the race - we want to leapfrog ahead. Amaravati Quantum Valley will generate over one lakh jobs and many more in research and innovation". Later, Bhaskar Katamaneni, Secretary, IT, Government of Andhra Pradesh, read out the 'Amaravati Quantum Declaration', which aims to shape India's quantum and deep tech future, setting targets for infrastructure, talent development, R&D ecosystems, and industrial collaboration, among other goals. Industry leaders expressed strong support for AP's initiatives in quantum technology. Sandip Patel, Managing Director, IBM India, called it "a defining moment for India's quantum journey," noting that over 200,000 individuals globally have accessed IBM's quantum platforms and IBM has already trained over 900 faculty members in India. Scott Crowder, vice-president of IBM Quantum Adoption, highlighted diverse use cases, from battery design to healthcare and financial risk management. V Rajanna, president, TCS, and MV Satish, Advisor to CMD, L&T, reiterated industry commitment, recognising quantum's transformative and commercial potential.
Economic Times
an hour ago
- Economic Times
Stocks in news: Federal Bank, Apollo Hospitals, JK Cement, HCL Tech, Bharat Forge
Markets experienced a slight dip after a recent surge, with several companies making headlines. Apollo Hospitals is set for a restructuring, while Kalpataru Projects secured new orders. Federal Bank approved fundraising plans, and Hindustan Copper signed an MoU with Coal India for mineral exploration. Additionally, HCLTech announced a collaboration with OpenAI to boost AI adoption. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Markets began the week on a soft note, slipping nearly half a percent as they took a breather following the recent surge. In today's trade, shares of Federal Bank Bharat Forge among others will be in focus due to various news Hospitals plans major restructuring, approved the demerger, mergers and new listing of Apollo Projects announced securing new orders worth Rs 989 crore in the power transmission and distribution (T&D) arm Green Energy has begun commercial electricity supply of an additional 100.02 MW from its 1,000 MW solar power project at Bikaner in Rajasthan from Bank board approved fundraising plans through equity and debt instruments up to Rs 6,000 croreCG Power opened its qualified institutional placement (QIP), indicative total issue size at Rs 3,000 crore, according to Copper signed an MoU with Coal India for Copper, critical minerals Forge board approved the defence business transfer to Kalyani Strategic Systems arm via Optionally Convertible Redeemable Preference Shares (OCRPs) for Rs 500 croreESAF Small Finance Bank transfered its NPA and technically written-off loans worth Rs 733 crore to an ARC for Rs 73.34 Industries raised its take in arm Godrej Capital to 90.89% from 89.48%with an investment of Rs 285 Minda completed the acquisition of 1.69 crore shares (49.90% stake) of UnoMinda EV Systems from FRIWO GmbH for Rs 141.27 and OpenAI announced collaboration to accelerate enterprise-scale AI adoption.S Mahesh Babu resigned as the CEO of Switch Automotive Mobility with effect from August 31. Ganesh Mani takes additional Cement declared a final dividend of Rs 15 per share for Fin Homes appointed Abhishek Mishra as CFO for three years with effect from June 30.
New Indian Express
2 hours ago
- New Indian Express
School students in Thiruvananthapuram develop app that shows ‘Nervazhi' to people with blindness
THIRUVANANTHAPURAM: 'Nervazhi' translates to the right path in English. That, essentially, was Shaila Begum's concern. An office assistant at the Vanchiyoor court, Shaila is visually impaired and finds it difficult to identify places while travelling, especially by bus. Unlike the metro system, where announcements are made before each station, there are no such mechanisms in buses. For visually impaired individuals, commuting thus becomes a worrisome affair. In January, Shaila spoke about the ordeal many like her face during an interview with All India Radio (AIR), which has been broadcasting a dedicated programme focusing on people with visual disability. 'The programme is part of AIR's initiatives for people with disabilities. We have been organising several events, the recent one being 'Ulcherathu' last week, where we discussed the prospects of AI in aiding the visually impaired,' says AIR programme executive Sevil Jahan. 'Nervazhi has been on air since 2013. In that programme, we invite people who cannot see but have braved all such odds to make a mark in life. Shaila was invited to speak about the grit that keeps her going. And there, she spoke about the difficulty faced by people like her.' As the programme was being aired, Shaila's story caught the attention of a group of young innovators who decided to address the issue. They were students at Chinmaya Vidyalaya, Naruvamoodu. A robotics team of the school thought of an app to aid people like Shaila. They pitched the idea to mentors at Techosa — a company supporting the students with technical sessions.
