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The Hindu
a day ago
- Politics
- The Hindu
Dravidian University gets government nod for engineering college, courses to begin this year
Dravidian University in Kuppam is spruced up for the launch of its engineering college after the State government on Friday approved its proposal, and paved the way for the university to commence technical courses from the academic session 2025–26. This marks a significant initiative towards expanding higher education options at the tri-State Kuppam junction. The initiative is directly supported by Chief Minister N. Chandrababu Naidu, the MLA of Kuppam Assembly constituency since 1989. Dravidian University, which remains a traditional university for language studies and subjects of the humanities division, will hereafter make a strong presence in professional technical education. As part of the initiative, the engineering college will offer two undergraduate engineering courses, Computer Science and Engineering (CSE), and CSE with a focus on Artificial Intelligence and Machine Learning (AI & ML) in the first phase, with 60 seats available in each stream. This arrangement will benefit local students, who can now save time by avoiding travel to longer distances such as Tirupati, Chennai, or Bengaluru to pursue professional studies. The university authorities thanked the State government and acknowledged the Chief Minister's role in the sanction. 'This long-awaited dream that came true would not only galvanise the institution's academic scenario but also open great avenues for the students of this rural region. It would also enhance the reputation of the university and provide a big scope for students not only from the Kuppam region but from elsewhere in the southern States,' said Mr. Kancharla Srikath, MLC from Kuppam and government chief whip.
Hans India
2 days ago
- Politics
- Hans India
Dravidian University in Kuppam adds Engg wing
Kuppam (Chittoor district): Dravidian University in Kuppam is set to establish its own dedicated engineering college, marking a major milestone in the institution's academic journey. The move, which gives further boost to higher education in the State, comes following an initiative by Chief Minister N Chandrababu Naidu, who represents the Kuppam constituency in the State Assembly. Though the town of Kuppam already has a private engineering college, this marks the first time Dravidian University will have an engineering college under its own administration. The University currently offers a variety of programmes in arts, science, technology and management, but lacked a formal engineering stream until now. In a circular issued on June 27, 2025, the University announced the approval from the Government of Andhra Pradesh to launch the new engineering college. The institution will begin operations from the 2025–26 academic year with two BTech programmes: Computer Science and Engineering (CSE), and CSE with a specialisation in Artificial Intelligence and Machine Learning (AI & ML). Each programme will accommodate 60 students per year. The University expressed gratitude to the State government, particularly Chief Minister Naidu, for sanctioning the much-awaited college. 'We take pride and pleasure in sharing this historic development with all teaching and non-teaching staff,' the circular stated. 'We thank the State government for supporting the institution's growth and commitment to academic excellence.' Welcoming the move, MLC and Government Whip in the Legislative Council Dr Kancharla Srikanth described the announcement as a key step in strengthening the educational landscape of the region. 'The students of Kuppam have been waiting for this opportunity for a long time,' he said, thanking CM Chandrababu Naidu and Human Resources Development Minister Nara Lokesh on behalf of the local community. Leaders of the TDP and residents of Kuppam also hailed the decision, calling it a timely intervention that would bring quality technical education to the doorstep of meritorious students.
Business Wire
7 days ago
- Business
- Business Wire
Banking on Inclusion: CI&T and Project Nemo Redefine Financial Access
LONDON--(BUSINESS WIRE)-- CI&T, an AI and tech acceleration partner, has today announced Nemo, Art of the Possible — a groundbreaking prototype of a financial app created in collaboration with Project Nemo, the not-for-profit grassroots initiative driving to improve disability inclusion in the fintech and financial services industries. Nemo was designed to support any adult with a learning disability in managing their finances more independently and safely. The prototype is a direct response to the Project Nemo report, S afe Spending for Adults with a Learning Disability, published earlier in June, developed by Firefish, sponsored by Nationwide and commissioned by Project Nemo, with support from Mencap and Dosh. The report exposed a stark reality: 38% of people with learning disabilities need ongoing help with everyday spending, and 32% do not have a bank account in their own name. It also highlighted how complex banking processes, inaccessible tools, and a lack of personalised support leave many financially excluded and at risk. CI&T's team engaged directly with individuals with lived experience — people with learning disabilities, carers, and accessibility experts — to design an app that addresses these challenges head-on. For the first time, this community has had a direct voice at the design table—an opportunity to share their needs and perspectives with the financial services industry. This marks a significant shift from the past, when individuals with learning disabilities had little choice but to accept what was offered. Now, their input provides valuable, practical insights that can help shape more inclusive and responsive banking services. In only six weeks, CI&T created Nemo, leveraging CI&T's enterprise-ready AI platform CI&T FLOW. Built with accessibility and ease of use as core principles, Nemo is a highly adaptive, inclusive digital product that empowers users to take control of their financial lives, while still allowing for trusted support where needed. While primarily designed for adults with learning disabilities, its advanced features and versatile configurability also significantly benefit neurodiverse individuals and anyone seeking greater confidence and support in managing their finances. Some of these features include: Supported decision-making: Users maintain complete control of their accounts; supporters can view and offer encouragement, but never act without explicit permission. Personalised onboarding: The app adapts to each user's confidence, habits, and accessibility needs. Calm mode: Reduces sensory overload and simplifies the interface during stressful moments. Emergency pot: A protected fund for unexpected needs, with optional spending locks and supporter assistance. Supporter Oversight: Trusted third parties receive real-time alerts and offer support while users remain in control. Learning over time: The app evolves with users, gradually unlocking more features as confidence grows. 'The path to true innovation is paved with diversity, accessibility, and inclusion," said Solange Sobral, EVP & Partner at CI&T. "This project truly reflects the Art of the Possible, and we hope it serves as a catalyst for financial institutions to lead the way in evolving digital products to be more inclusive. We're proud to partner with Project Nemo to build a solution that gives individuals with learning disabilities greater financial autonomy." "I'm incredibly thankful to the CI&T team for not only pulling this together so quickly, but also with such remarkable care, attention, and quality. This combination is rare and a true testament to a team and culture that performs exceptionally while engaging thoughtfully through the entire process. Seeing something so powerful created, something the community can now truly touch and interact with, is a profound way of giving voice to their needs." said Joanne Dewar, Founder of Project Nemo. Some of the individuals with firsthand experience who collaborated on the prototype's development included Kris Foster, Co-Founder of Project Nemo and George Webster, a BAFTA-winning actor and presenter known from CBeebies and Mencap. Webster is featured in the prototype and presents in-app video explanations, such as for Terms and Conditions, to make them easier to understand. The app is not only a practical tool, but also a statement of intent. It demonstrates how the financial sector can and should evolve to serve everyone, not just those who fit the standard mould. It also shows that inclusive innovation doesn't require compromise, only the will to involve those most affected from the start. The launch marks a milestone in the movement for financial accessibility, a practical, purpose-driven solution that turns research into action and empowers a community that has waited too long to be included. With this launch, CI&T and Project Nemo are driving toward a more equitable financial future where independence and inclusion are within reach for everyone. About CI&T CI&T is an AI and tech acceleration partner. We help businesses navigate the complex, changing technological European landscape to unlock real, measurable impact with digital-first solutions. CI&T brings a 30-year track record of helping clients deliver accelerated impact through tech-integrated business solutions, with deep expertise across AI, strategy, customer experience, software development, cloud services, data and more. As one of the world's first digital native companies, innovation is in our DNA, helping us empower clients to win by embedding digital maturity into the heart of their operations. With over 7,400 employees across 10 countries, we combine the expertise of a global business with an entrepreneurial mindset to drive transformation at scale and turn strategy into action. Project Nemo is a catalyst for change. A grassroots, not-for-profit campaign accelerating disability inclusion within fintech, led by Joanne Dewar, industry champion and former fintech CEO. The initiative helps the industry break down barriers to building inclusive products, services, and workplaces. Through shared knowledge, insights, and experiences from disability experts and community champions, Project Nemo highlights existing tools and resources to support fintechs in making meaningful change.
Economic Times
20-06-2025
- Business
- Economic Times
Sebi proposes 5-point AI rulebook for securities market. Check details
Securities and Exchange Board of India (Sebi) is considering preparing guidelines for the responsible usage of Artificial Intelligence or Machine Learning in securities markets. The market regulator on Friday released a consultation paper seeking public feedback on five broad-based guiding principles that could be part of the regulatory framework. ADVERTISEMENT With AI/ML use growing across exchanges, brokers, and mutual funds, Sebi aims to strike a balance between innovation and regulation. The proposed framework covers governance, data security, bias prevention, investor protection, and risk controls. The last date to send comments/suggestions is July 11. Earlier, Sebi constituted a working group to study Indian, global best practices in AI/ML, mandating it to prepare guidelines for the usage of AI/ML applications. The working group was also tasked with providing recommendations to address concerns and issues related to the use of AI/ML applications. Also Read: Sebi eases delisting norms for PSUs with over 90% government holding Market participants must set up internal teams with the technical expertise to monitor AI/ML models, document model development, and handle exceptions. Senior management will be held accountable for the entire AI lifecycle, including oversight of third-party vendors. ADVERTISEMENT If AI/ML tools directly impact investors—like in algo trading or advisory services—firms must clearly disclose their use, including model purpose, risks, accuracy, and limitations. Language must be simple and proposes rigorous model testing in simulated environments before live deployment, and ongoing monitoring thereafter. Firms must retain data logs and documentation for a minimum of five years to ensure explainability and traceability. ADVERTISEMENT To prevent discrimination, Sebi suggests using diverse, high-quality datasets and training staff to identify bias. Companies must follow strong data governance, privacy, and cybersecurity protocols. ADVERTISEMENT Also Read: Sebi board meeting: Regulator approves PSU delisting, IPO reforms, dematerialisation of Securities. 10 key takeawaysSebi has suggested a lighter regulatory approach for internal-use models (e.g., surveillance), while models affecting clients would face stricter controls. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times) ADVERTISEMENT (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
20-06-2025
- Business
- Time of India
Sebi proposes 5-point AI rulebook for securities market. Check details
Sebi has released a consultation paper proposing a 5-point regulatory framework for the responsible use of AI and ML in India's securities markets. The guidelines focus on governance, transparency, fairness, data security, and risk controls, aiming to balance innovation with investor protection. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Here are 5 guiding principles: 1) Model governance 2) Mandatory disclosure 3) Robust testing & monitoring norms 4) Fairness and bias 5) Data security Securities and Exchange Board of India (Sebi) is considering preparing guidelines for the responsible usage of Artificial Intelligence or Machine Learning in securities markets. The market regulator on Friday released a consultation paper seeking public feedback on five broad-based guiding principles that could be part of the regulatory AI/ML use growing across exchanges, brokers, and mutual funds, Sebi aims to strike a balance between innovation and regulation. The proposed framework covers governance, data security, bias prevention, investor protection, and risk last date to send comments/suggestions is July Sebi constituted a working group to study Indian, global best practices in AI/ML, mandating it to prepare guidelines for the usage of AI/ML applications. The working group was also tasked with providing recommendations to address concerns and issues related to the use of AI/ML Read: Sebi eases delisting norms for PSUs with over 90% government holding Market participants must set up internal teams with the technical expertise to monitor AI/ML models, document model development, and handle exceptions. Senior management will be held accountable for the entire AI lifecycle, including oversight of third-party AI/ML tools directly impact investors—like in algo trading or advisory services—firms must clearly disclose their use, including model purpose, risks, accuracy, and limitations. Language must be simple and proposes rigorous model testing in simulated environments before live deployment, and ongoing monitoring thereafter. Firms must retain data logs and documentation for a minimum of five years to ensure explainability and prevent discrimination, Sebi suggests using diverse, high-quality datasets and training staff to identify must follow strong data governance, privacy, and cybersecurity Read: Sebi board meeting: Regulator approves PSU delisting, IPO reforms, dematerialisation of Securities. 10 key takeaways Sebi has suggested a lighter regulatory approach for internal-use models (e.g., surveillance), while models affecting clients would face stricter controls.
