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ITI receives further tranche of Rs 25 cr from C-DOT
ITI receives further tranche of Rs 25 cr from C-DOT

Business Standard

timea day ago

  • Business
  • Business Standard

ITI receives further tranche of Rs 25 cr from C-DOT

ITI announced that in pursuance to the revised order of the AMRCD, the company has received further tranche of Rs. 25 crore from C-DOT, as part of executed sale agreement between ITI and C-DOT. The balance remaining part of the consideration is expected to be received after completion of remaining statutory formalities by the company in this regard. The AMRCD order stipulates that ITI transfer its 22.258 acres of land situated at Electronic City, Bangalore to C-DOT through a sale deed for a consideration of Rs. 200 by Capital Market - Live News

ITI receives Rs 25 crore from C-DOT as part of Rs 200 crore land transfer deal
ITI receives Rs 25 crore from C-DOT as part of Rs 200 crore land transfer deal

Business Upturn

time2 days ago

  • Business
  • Business Upturn

ITI receives Rs 25 crore from C-DOT as part of Rs 200 crore land transfer deal

By Aditya Bhagchandani Published on June 2, 2025, 12:57 IST ITI Limited has received an additional tranche of Rs 25 crore from the Centre for Development of Telematics (C-DOT), as part of a revised agreement concerning the transfer of 22.258 acres of land at Electronic City, Bangalore. The total value of the deal is pegged at Rs 200 crore. In its regulatory filing dated June 2, 2025, ITI Limited confirmed that the payment is aligned with the Revised AMRCD (Arbitration and Mediation Resolution Committee of Disputes) proceedings between the two government entities. This latest tranche follows the execution of a sale deed between ITI and C-DOT. The company stated that the balance amount will be received upon completion of remaining statutory formalities. The land transfer dispute between ITI and C-DOT had been ongoing, and this transaction marks significant progress in resolving the issue. The development is disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.

India explores drone-based quantum key distribution
India explores drone-based quantum key distribution

Coin Geek

time6 days ago

  • Business
  • Coin Geek

India explores drone-based quantum key distribution

Getting your Trinity Audio player ready... In a significant move to bolster India's presence in quantum-secure communication technologies, the Centre for Development of Telematics (C-DOT), the flagship research and development (R&D) arm under the Department of Telecommunications (DoT), has entered into a strategic Memorandum of Understanding (MoU) with Synergy Quantum India Private Limited. Synergy Quantum is a pioneering firm in deep technology, particularly focused on quantum innovations. According to a statement from the Ministry of Communications, this collaboration marks a pivotal step toward the joint development of drone-enabled Quantum Key Distribution (QKD) systems. The project will employ a polarization-encoded, decoy-state BB84 protocol and is targeted to achieve a Technology Readiness Level (TRL) of 6 or higher. By leveraging the technical strengths of both institutions, the initiative seeks to advance India's capabilities in secure quantum communication, aligning closely with the national 'Atmanirbhar Bharat' agenda to foster self-reliance in critical and emerging technologies. This cooperation aims to pave the way for secure and resilient telecom infrastructures of the future. Potential applications include secure communications for defense services, emergency management, protection of critical infrastructure, and confidential government operations, representing a leap forward in safeguarding sensitive data in the digital age. 'The convergence of public R&D and private innovation is essential to shaping a secure and self-reliant digital future for India. Quantum technologies hold immense promise for next-generation secure communications, and this collaboration with Synergy Quantum reflects our shared vision of accelerating indigenous capabilities in this critical domain,' said Rajkumar Upadhyay, CEO of C-DOT. 'By combining our research depth with industry agility, we aim to jointly develop solutions that not only address national priorities but also contribute to India's emergence as a global player in quantum innovation,' Upadhyay added. Under the terms of the agreement, C-DOT and Synergy Quantum will work collaboratively to engineer quantum communication systems optimized for deployment through unmanned aerial platforms. The scope of the partnership also encompasses the joint formulation of research projects eligible for national and international funding opportunities. Additionally, the two organizations will contribute to the global knowledge ecosystem by publishing research findings in academic journals, producing white papers, and engaging with technical communities through events and expert engagements. Experts from both parties are expected to participate in educational and outreach initiatives, such as specialized lectures, short-term training programs, workshops, and symposiums, that focus on contemporary issues in quantum communication. Synergy Quantum said it has developed an exclusive range of high-security communication technologies designed to meet military standards. These innovations are tailored to deliver strong protection for both governmental and commercial sectors, addressing the looming risk posed by quantum computing, which threatens to compromise traditional public key cryptographic systems. The company's offerings include state-of-the-art tools aimed at securing sensitive communications and data. The portfolio features an integrated array of post-quantum encryption technologies, along with services to assist organizations in transitioning from conventional cryptographic infrastructure to systems resistant to quantum-era threats. Drone-enabled QKD offers a powerful blend of strong security and mobility. By using drones to transmit encryption keys based on the principles of quantum physics, this technology makes it possible to share sensitive information safely—even in places without fixed communication networks. It's especially valuable for civilian and military use, providing a flexible and reliable way to protect data. As future quantum computers may break today's standard encryption methods, drone-based QKD is a forward-looking solution for keeping communications secure in the years ahead. India's quantum promise India is making bold strides in the rapidly evolving field of quantum technologies, signaling its ambition to become a global leader in next-generation science and innovation. Recently, the country celebrated a major breakthrough by unveiling its first full-stack quantum computing system—an achievement that highlights India's growing capabilities in both quantum hardware and software. This milestone reflects a broader national effort to build a strong foundation for transformative technologies that could reshape industries and enhance national competitiveness. In alignment with this vision, India introduced the first edition of the International Technology Engagement Strategy–Quantum (ITES-Q) on April 14, coinciding with World Quantum Day. This strategic roadmap outlines India's international approach to quantum science, technology, and innovation. It aims to foster global partnerships, encourage scientific discovery, and promote the adoption of quantum solutions across various sectors, including healthcare, finance, and cybersecurity. The strategy arrives at a time when India's premier policy think tank, NITI Aayog, has emphasized both the promise and the risks of quantum computing. While the technology offers significant benefits, including new frontiers in computing power and secure communication, it also poses challenges—particularly in areas related to data protection and national defense. As part of its broader push, the southern state of Andhra Pradesh has taken a leadership role by collaborating with major tech companies Tata Consultancy Services (TCS) and IBM (NASDAQ: IBM) to build a robust quantum research and development hub. This initiative, known as the Quantum Valley Tech Park, is being developed in Amaravati, the state's capital. At its core will be an IBM Quantum System Two equipped with a 156-qubit Heron processor—the most powerful quantum machine in India to date. TCS and IBM will jointly work on designing advanced algorithms and applications tailored for complex real-world problems, benefiting sectors such as logistics, pharmaceuticals, finance, and education. Through this collaboration, the Andhra Pradesh government aims to spark innovation, build talent pipelines, and accelerate the growth of India's quantum ecosystem at both the national and regional levels. Watch: Adaptable blockchain system to tackle real-world problems title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen="">

India is installing warning system to boost Honduras' disaster management, says EAM Jaishankar
India is installing warning system to boost Honduras' disaster management, says EAM Jaishankar

India Gazette

time15-05-2025

  • Politics
  • India Gazette

India is installing warning system to boost Honduras' disaster management, says EAM Jaishankar

New Delhi [India], May 15 (ANI): External Affairs Minister S Jaishankar on Thursday at the inauguration of the Embassy of Honduras in Delhi said that as a part of the Global South cooperation, India and Honduras is specifically focused on health. Jaishankar said that India is now engaged in installing an early warning system which is developed by C-DOT which is aimed at strengthening Honduras's preparedness for disaster resilience. 'I also want to share on this occasion the discussions that we've had today and I think some of our earlier meetings as well the fact that as part of global south cooperation, we have the possibility of exchanging developmental experiences. We particularly focused on health. We are now engaged in installing an early warning system which is developed by C-DOT which is aimed at strengthening Honduras's preparedness for disaster resilience,' he said. Jaishankar acknowledged the support India receives from Honduras in multilateral activities. 'Our collaboration on the global stage has found many meaningful expressions including in the United Nations. We very much value the consistent support that we receive from Honduras in various multilateral activities,' he said. Jaishankar also acknowledged the role of Indian diaspora in Honduras in being a living bridge by increasing the nation's interest in yoga and Indian culture. 'I also want to mention the Indian diaspora in Honduras. It is small but it is vibrant and it contributes significantly to the local economy as well and serves as a living bridge of friendship. We are very encouraged today to see the enthusiasm for Indian culture in Honduras. Widespread interest in yoga and traditional Indian wellness practices. And again I'm sure that the establishment of an embassy here would serve to make that living bridge that much more effective,' he said. Jaishankar added that when he first became a minister, he promised that India would take a greater interest in the region. Today, there is an increased investment. 'Let me again stress this broader engagement today that India has with Latin America and the Caribbean. I think it has seen considerable progress in the last few years. When I became minister six years ago, I promised many of you or your predecessors that it is certainly a region in which we would take much greater interest, invest much deeper energies and have much more activity,' he said. Jaishankar added that the opening of the embassy signifies that both nations are ready to realise the full potential of their ties. 'To me, the opening of an embassy here is an affirmation that this effort that we have made is actually paying off, that the embassy is actually a commitment by Honduras to really realize the full potential of our ties and there is so much that we can do here do in terms of business, in terms of education, capacity building,' he said. Jaishankar said that India's tech program is active in Honduras for several years, and India hopes to expand it in coming time. 'Our tech program has already been active for many years in Honduras. We can certainly hope that it is something which would grow both in its quality and in terms of the importance of its contribution. We see this as one more step in solidifying our relationship with the region,' he said. (ANI)

C-DOT partners with Synergy Quantum to develop Drone-based secret sharing communication system
C-DOT partners with Synergy Quantum to develop Drone-based secret sharing communication system

India Gazette

time12-05-2025

  • Business
  • India Gazette

C-DOT partners with Synergy Quantum to develop Drone-based secret sharing communication system

New Delhi [India], May 12 (ANI): The Centre for Development of Telematics (C-DOT), the premier telecom R&D institution under the Government of India's, Department of Telecommunications (DoT) signed a Memorandum of Understanding (MoU) with Synergy Quantum India Private Limited on Monday, which aims to develop Drone-based Quantum Key Distribution (QKD) systems.'The Mou aims to formalise cooperation between C-DOT and Synergy Quantum in the development of Drone-based Quantum Key Distribution (QKD) systems, leveraging the decoy-based BB84 protocol with polarisation encoding, at Technology Readiness Level (TRL) 6 or above,' the Ministry of Communications said in a association aligns with the goals to strengthen 'national vision of strengthening indigenous research and innovation under the 'Atmanirbhar Bharat' initiative and enhancing India's capabilities in emerging and secure telecom technologies,' the statement added. 'The convergence of public R&D and private innovation is essential to shaping a secure and self-reliant digital future for India,' said Rajkumar Upadhyay, CEO, C-DOT, adding 'By combining our research depth with industry agility, we aim to jointly develop solutions that not only address national priorities but also contribute to India's emergence as a global player in quantum innovation.'Additionally, this partnership also aims at co-creation of research proposals for national and international grant applications and dissemination of outcomes through scholarly publications, white papers, and other platforms and Key representatives from both organizations may also engage in delivering expert talks, short courses, and organizing symposia, conferences, and meetings on timely research Oberoi, Founder and CEO of Synergy Quantum India, stated that, 'this partnership has the potential to position India as a global leader in drone-based quantum secure communications.'In March, the Department of Telecommunications (DoT) announced the 5G Innovation Hackathon 2025, a six-month initiative aimed at accelerating the development of innovative 5 G-powered solutions to address societal and industrial challenges. (ANI)

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