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Nandkumar Saravade to take over as CEO of Data Security Council of India

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 New Delhi: Nandkumar Saravade will take over as full-time chief  executive officer (CEO) of the Data Security Council of India (DSCI)  from July 1, a statement said here on Monday.

He will take over from the current officiating CEO, Rama Vedashree,  vice-president of NASSCOM.

The DSCI is a premier industry organisation on data protection in India,  set up by NASSCOM.

Saravade was, until recently, working as an independent advisor on  fraud and security to Ernst & Young (EY) and ICICI Bank. Till September 2013, he was the South Asia head of security, investigation and vigilance function for Citibank. (IANS)

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Nasscom hold its fourth edition of 10,000 Start-ups initiative “Innotrek 2017” in Silicon Valley, US

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IT sector (representational Image), VOA

Bengaluru, April 18, 2017: Nasscom will hold its fourth edition of 10,000 Start-ups initiative — “Innotrek 2017” in the Silicon Valley of the US from May 1-6, said the Indian IT industry’s apex body on Tuesday.

“As we want our start-ups to grow and compete with those in the Silicon Valley, the six-day mega event will provide them a platform to step it up a notch and get recognised internationally,” said National Association of Software Services and Companies (Nasscom) President R. Chandrashekhar in a statement here.

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In all, 27 Indian start-ups and five of the Silicon Valley will showcase their products and technologies, while 70 speakers from the world over will address 150 delegates at the week-long event.

Andhra Pradesh Chief Minister N. Chandrababu Naidu, Department of Industrial Policy and Promotion Secretary Ramesh Abhishek, Electronics & IT Secretary Aruna Sundararajan, Nasscom Product Council Chairman Ravi Gururaj and Chandrashekhar will lead the delegation of entrepreneurs for the tech expo.

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“The Innotrek programme will provide our start-ups an opportunity to benefit and improve their products and services and grow in their domains,” Nasscom member Ashok Madravally, who leads this initiative, said in the statement.

The Innotrekkers will visit campuses of Google, LinkedIn, Microsoft, IBM, and Target in the Valley during the event. They will also have an opportunity to showcase their cutting-edge, future ready innovations to various stakeholders.

“The networking activities and site visits will help our entrepreneurs to get a better understanding of the global work culture and exchange views on building a constructive work environment for their own ventures,” added Chandrashekhar in the statement. (IANS)

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India looking towards SAARC nations for developing northeastern states

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NewsGram Staff Writer

New Delhi: Aiming to usher in development in the country’s northeastern region, India is engaging with SAARC nations, especially Bangladesh, said BJP leader Ram Madhav on Saturday. Working with the SAARC nations is also a part of the Center’s Look East policy, he mentioned.

“The emotional disconnect between the people of the northeast and the rest of the country is our own creation,” Madhav, BJP’s national general secretary and in-charge of the northeast, said.

He was speaking during a panel discussion on “Northeast’s strategic importance and Act East policy” organised as part of the ongoing Northeast Festival in the capital.

“We, as a government, are committed to bridge this emotional disconnect,” he said, adding, India’s development is incomplete sans the development of the northeast.

“The Indian government is taking many steps for the development of the region and is talking to Bangladesh and other SAARC nations as well in this regard. As part of our Look East Policy, we are looking to improve the physical connectivity and infrastructure in the region,” he said.

Ram Madhav attributed the backwardness of the northeastern states to emotional disconnect, physical disconnect and bad governance.

“I believe that clean and efficient governance is also required for the development of the region,” Madhav said.

“Our priority is on developing good relations with our neighbors, and the biggest beneficiary of that would be the northeastern region,” he said.

Ravi Capoor, joint secretary in the union commerce ministry, said that during the pre-Independence days, the northeast was one of the most prosperous regions.

“There used to be free flow of trade, commerce and people between the countries, which was the main reason for this,” he noted.

Citing Nasscom figures, he said, about 20 per cent of the people working in the outsourcing industry are from the northeastern states.

“If we can improve the internet and digital connectivity of the region, there is no reason why it cannot become a major IT hub of the country, and that alone can contribute significantly to the development of the region,” Capoor said.

AM Singh, joint secretary in the union ministry of development of the northeastern region (DoNER), said his ministry was trying to sort out all the issues related to trade and commerce in the region and it required a coordinated effort from all the stakeholders.

“At DoNER, we are trying to provide a lot of opportunities to facilitate investments in the region. The most important thing is that we need to believe in the northeast,” he said.

Nani Gopal Mahanta, professor of political science in Guwahati University, said that since the northeastern region was landlocked, development and commerce was a problem.

“I believe that the northeast can develop on its own. As a region, it historically had seamless connectivity with Southeast and South Asian countries and that should be looked at once again. What is required is integration of road, rail and water transport and people-to-people connect,” he said.

Organised by Trend MMS, a Guwahati-based socio-cultural trust, the three-day Northeast Festival will conclude today.

(With inputs from IANS)

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India edges out China to become ‘most attractive country for investment’

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NewsGram Staff Writer

New Delhi:  A survey by accounting firm Ernst & Young (EY) has accredited India as the most attractive country for investment. The survey whose results were published on Wednesday was carried out on over 500 global investors.

Out of the 505 executives questioned, 32 per cent voted for India as their favored market for investment. China secured the second spot with 15 per cent vote, followed by Southeast Asia, Brazil and North America.

Mark Otty, EY area managing partner for Europe, Middle East, India and Africa said, “investors increasingly see the potential and understand the fundamentals” in the country so “there is no doubt that interest in India has increased.”

Department of Industrial Policy and Promotion (DIPP) secretary Amitabh Kant, expressing satisfaction over the result, said, “the finding reconfirms and reaffirms many other recent findings.”

He further said, the government will look at the foreign direct investment policy “with a very open mind.”

“We continue to attract investments across and it is important that India becomes a part of the global supply chain,” Kant said.

Lauding the investment friendly atmosphere in India, the investors rated its vast domestic market and availability of labor as the most lucrative features.

The Ernst & Young survey titled ‘Ready, set, grow’ was conducted during March and April and includeed views of over 500 decision-makers from multinational organizations across sectors like industrial, automotive, consumer products, life sciences, infrastructure and technology, among others.

(With inputs from AFP and HT)