Latest news with #TTL
Time of India
6 days ago
- Business
- Time of India
Tata Technology Excellence Centers to come up in 121 polytechnics
Lucknow: The state cabinet on Tuesday approved the setting up of Tata Technology Excellence Centres in partnership with Tata Technologies Limited across 121 government polytechnics in the state, aiming to modernise technical education facilities. The initiative addresses the existing gap between industrial needs and academic curriculum in diploma-level technical education. Several course topics in polytechnics have become outdated or misaligned with current industrial requirements. These centres will serve to modernise the curriculum and bridge this educational gap. For this, Rs 57.3 crore will be spent on the installation of machines and equipment in each of the 121 polytechnics. Of the total cost of Rs 6935.8 crore, 87% (Rs 6034.2 crore), will be borne by TTL, and the remaining 13% (Rs 1063.9 crore), will be borne by the govt. In addition, the state govt will spend an additional Rs 858 crore – Rs 709.2 lakh per institution – towards civil infrastructure and other basic facilities. In the first phase, 45 polytechnic institutions will be upgraded. The project aims to provide quality technical education to students studying in the diploma sector of the state, thereby enhancing employment. It will also help students acquire essential skills and personality development as per industry requirements, said a govt spokesperson.
India.com
7 days ago
- Business
- India.com
UP Cabinet Approves 1% Stamp Duty Exemption For Women On Property Worth Up To Rs 1 Crore
Lucknow: In a landmark Cabinet meeting chaired by Chief Minister Yogi Adityanath at Lok Bhawan, the Uttar Pradesh government approved several key proposals aimed at boosting women empowerment, youth digital access, infrastructure, and education. The session cleared a total of 37 proposals and announced the commencement of the Vidhan Sabha's Monsoon Session from August 11. One of the most significant decisions made was the expansion of the stamp duty exemption for women property buyers. Previously limited to properties worth Rs 10 lakh, this exemption has now been extended to properties valued up to Rs 1 crore, offering a 1 per cent reduction in stamp duty. This can translate into savings of up to Rs 1 lakh per property registration in the name of women. State Labour Minister Anil Rajbhar said that this move targets middle-class women, helping them become property owners, boosting their confidence, financial independence, and social respect. The policy complements the Mission Shakti initiative and aligns with the Union Government's recent proposal to reduce stamp duty on property deeds, favouring women. In an effort to enhance digital empowerment among the youth, the Cabinet approved distributing feature-rich tablets under the Swami Vivekananda Youth Sashaktikaran Yojana. The tablets, superior to smartphones in screen size, battery life, and multitasking capabilities, will support education, skill development, and job preparedness. The five-year scheme has a budget allocation of Rs 2,000 crore for the financial year 2025-26 and will be fully funded by the state government without any financial burden on the Centre. The government also sanctioned the construction of the Chitrakoot Link Expressway, a Rs 939.67 crore infrastructure project to be executed via the EPC model. The 15.172-kilometre, initially four-lane expressway will connect Bharatkoop in Chitrakoot to Ahmadganj village, linking the Varanasi-Banda National Highway and NH 135 BG. This expressway is expected to improve regional connectivity and boost tourism in Chitrakoot by providing faster, smoother travel for pilgrims and visitors. The project includes a five-year maintenance period post-construction and is anticipated to generate around 38 lakh man-days of employment. To align technical education with industry standards, the Cabinet approved a Rs 6,935.86 crore project in partnership with Tata Technologies Limited (TTL) to upgrade 121 government polytechnic institutes. TTL will invest Rs 6,034.20 crore, while the state government will contribute Rs 1,063.96 crore plus an additional Rs 858.11 crore for infrastructure and facilities. The initiative will establish Tata Technology Excellence Centres to enhance diploma-level education and skill development. The first phase will focus on upgrading 45 polytechnic institutes as a pilot project. The Cabinet announced that the Monsoon Session of the Uttar Pradesh Legislature will begin on August 11. This session will comply with constitutional mandates requiring a maximum six-month gap between sessions. The government plans to present bills to replace ordinances issued after the last session and conduct other vital legislative business.
Indian Express
22-07-2025
- Business
- Indian Express
UP Cabinet clears 1% stamp duty cut for women, plan for Chitrakoot Link e-way
THE STATE Cabinet on Tuesday approved a proposal to provide a 1 per cent rebate in stamp duty on purchase of properties worth up to Rs 1 crore in the name of women. A plan for the Chitrakoot Link Expressway project also got the green signal during the meeting. Cabinet Minister Anil Rajbhar told mediapersons later that the decision regarding the rebate in stamp duty was made from the 'point of view of women empowerment.' Rajbhar said that so far, this exemption was applicable only on property up to Rs 10 lakh in the state, in which a maximum discount of Rs 10,000 was available. Rajbhar said the move would benefit women from middle-class families in particular. The Cabinet also cleared a proposal for the start of the Monsoon session of the Assembly from August 11. The previous (budget) session of the UP Assembly had taken place from February 18 to March 5. In another significant decision, the Cabinet cleared a proposal for the construction of a four-lane, 15-km Chitrakoot Link Expressway. Industries Minister Nand Gopal Gupta 'Nandi' informed that the project would be completed using the Engineering-Procurement Construction method at an estimated cost of Rs 939.67 crore. He said the 15.172 km expressway would start from Bhartikup and go up to Ahmedganj village. It would connect with the Varanasi-Banda National Highway (NH-35/76) and establish connectivity with National Highway 135 BG, said Nandi. He said the project was aimed at promoting tourism in Chitrakoot as devotees and tourists coming from far-flung areas would also get 'smooth and fast traffic facility to the district.' The construction work will be completed in 548 days and after this maintenance work will be done for five years. There would be no financial participation of the Centre in this project, said Nandi. The Cabinet also cleared a plan to upgrade 121 polytechnic institutes across Uttar Pradesh with the help of Tata Technology Limited (TTL). Cabinet Minister Ashish Patel informed that in collaboration with TTL, these institutes would get a fillip through 'Tata Technology Excellence Centre.' He said the estimated cost of the project would be Rs 6,935 crore, of which Rs 6,034.20 crore would be borne by TTL, while Rs 1,063.96 crore would be spent by the state government. The state government will spend an additional Rs 858 crore for infrastructure development and establishment of basic facilities. He said that in the first phase, 45 polytechnic institutes would get an upgrade as a pilot project.
India.com
22-07-2025
- Business
- India.com
Yogi Adityanaths BIG Gift For Women: Cabinet Approves THIS Much Stamp Duty Exemption For Women
LUCKNOW: In a landmark Cabinet meeting chaired by Chief Minister Yogi Adityanath at Lok Bhawan, the Uttar Pradesh government approved several key proposals aimed at boosting women empowerment, youth digital access, infrastructure, and education. The session cleared a total of 37 proposals and announced the commencement of the Vidhan Sabha's Monsoon Session from August 11. One of the most significant decisions made was the expansion of the stamp duty exemption for women property buyers. Previously limited to properties worth Rs 10 lakh, this exemption has now been extended to properties valued up to Rs 1 crore, offering a 1 per cent reduction in stamp duty. This can translate into savings of up to Rs 1 lakh per property registration in the name of women. State Labour Minister Anil Rajbhar said that this move targets middle-class women, helping them become property owners, boosting their confidence, financial independence, and social respect. The policy complements the Mission Shakti initiative and aligns with the Union Government's recent proposal to reduce stamp duty on property deeds, favouring women. In an effort to enhance digital empowerment among the youth, the Cabinet approved distributing feature-rich tablets under the Swami Vivekananda Youth Sashaktikaran Yojana. The tablets, superior to smartphones in screen size, battery life, and multitasking capabilities, will support education, skill development, and job preparedness. The five-year scheme has a budget allocation of Rs 2,000 crore for the financial year 2025-26 and will be fully funded by the state government without any financial burden on the Centre. The government also sanctioned the construction of the Chitrakoot Link Expressway, a Rs 939.67 crore infrastructure project to be executed via the EPC model. The 15.172-kilometre, initially four-lane expressway will connect Bharatkoop in Chitrakoot to Ahmadganj village, linking the Varanasi-Banda National Highway and NH 135 BG. This expressway is expected to improve regional connectivity and boost tourism in Chitrakoot by providing faster, smoother travel for pilgrims and visitors. The project includes a five-year maintenance period post-construction and is anticipated to generate around 38 lakh man-days of employment. To align technical education with industry standards, the Cabinet approved a Rs 6,935.86 crore project in partnership with Tata Technologies Limited (TTL) to upgrade 121 government polytechnic institutes. TTL will invest Rs 6,034.20 crore, while the state government will contribute Rs 1,063.96 crore plus an additional Rs 858.11 crore for infrastructure and facilities. The initiative will establish Tata Technology Excellence Centres to enhance diploma-level education and skill development. The first phase will focus on upgrading 45 polytechnic institutes as a pilot project. The Cabinet announced that the Monsoon Session of the Uttar Pradesh Legislature will begin on August 11. This session will comply with constitutional mandates requiring a maximum six-month gap between sessions. The government plans to present bills to replace ordinances issued after the last session and conduct other vital legislative business.
Yahoo
22-05-2025
- Business
- Yahoo
Talent Tech Labs Expands Capabilities Through Strategic Partnership with AI Governance Leader FairNow
Talent Tech Labs announces a strategic partnership with FairNow – a leading AI governance technology platform that centralizes, simplifies and automates AI risk management. HANOVER, Md., May 22, 2025 /PRNewswire-PRWeb/ -- Talent Tech Labs (TTL), a QuantumWork Advisory Company, is a global research and advisory firm specializing in talent technology . Today, TTL announced a strategic partnership with FairNow – a leading AI governance technology platform that centralizes, simplifies and automates AI risk management. Through this partnership, the companies have developed an integrated service offering designed to help organizations effectively manage and govern the use of artificial intelligence across their operations. In particular, the offering ensures that AI-related risks are clearly understood and actively managed, that AI systems comply with internal policies and external regulations and that vendor risk assessments are streamlined and independently validated. A dedicated solution is also available to software developers integrating AI into their products, enabling independent assessment of potential compliance risks. This empowers software buyers with third-party verification that the systems they adopt have undergone rigorous, unbiased evaluation. As a trusted advisor to enterprise HR and talent leaders for more than a decade, Talent Tech Labs has long been relied upon for unbiased assessments of talent technology solutions tailored to clients' unique needs. This new offering extends the evaluations to now include fairness in its analysis. This new partnership with FairNow expands TTL's assessment capabilities to include fairness and responsible AI use as core evaluation criteria. Together, TTL and FairNow are equipping organizations to confidently harness the benefits of AI by identifying potential risks early and proactively mitigating them. "Artificial intelligence is fundamentally transforming the talent technology landscape, and at this pivotal moment, it's more important than ever that our clients are equipped to harness its full potential," said Brian Delle Donne, CEO and Co-founder of Talent Tech Labs. "Equally important is the ability to clearly assess and mitigate any associated risks. Our partnership with FairNow enables us to expand our services with best-in-class AI governance solutions—ensuring organizations can use AI responsibly and move forward with confidence." The partnership offers a comprehensive suite of services, including the following: AI System Inventory and Review: Assess existing AI tools in HR to identify where and how AI is being utilized Providing a Governance Framework: a set of policies, testing, and reviews to manage risks Risk Assessment Reports: Provide detailed reports on risk exposure and actionable recommendations to avoid or mitigate them Alignment with internal enterprise policies and controls Ongoing audit reporting that keeps future use in compliance with ever evolving and disparate regulations Automated testing and monitoring capabilities "Governance isn't just about minimizing downside—it's a foundation for innovation, trust, and long-term success in an AI-driven world," said Guru Sethupathy, CEO and Founder of FairNow. "Our collaboration with Talent Tech Labs extends our reach to more organizations that need guidance, best practices, and technology to govern and adopt AI responsibly. Together, we're meeting the moment with solutions that matter." As part of the partnership launch, Talent Tech Labs and FairNow have co-authored a new white paper, Managing Opportunities and Risks in an AI World, which synthesizes expert insights on AI adoption, risk management and the future of governance in workforce technology. Download the white paper to learn how organizations can confidently navigate AI adoption with strategic oversight and ethical leadership. About Talent Tech Labs (TTL) Talent Tech Labs is an independent, unbiased research and advisory firm focused exclusively on Workforce Technology. Through industry-expert research and advisory services focused on Talent Acquisition and HR technology, TTL has been enabling leading corporations, staffing firms and solution providers to effectively capitalize on rapid innovations in automation and AI in shaping the future of work. About FairNow FairNow is an all-in-one AI governance software platform. Companies use FairNow to inventory AI applications, assess risks, manage compliance, test for bias and generate audit documentation. Through intelligence and automation, FairNow simplifies AI governance, helping businesses stay ahead of regulatory requirements. Media Contact Laura B Kavanaugh, Talent Tech Labs, 7734569775, laura@ View original content: SOURCE Talent Tech Labs Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
