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The <keyword id="116095" type="COMPANY" weightage="20" keywordseo="Indian-Space-Research-Organisation">Indian Space Research Organisation</keyword> (ISRO) on Friday announced that it is going to establish a 'Space Technology Incubation Center' (S-TIC) at the <keyword id="66379" type="COMPANY" weightage="20" keywordseo="National-Institute-of-Technology">National Institute of Technology</keyword> (NIT), Rourkela. The aim of establishing a S-TIC is to carry out <keyword id="15509" type="ORGANIZATION" weightage="20" keywordseo="Research">research</keyword> and product development in space technology and <keyword id="6371395" type="UNKNOWN" weightage="20" keywordseo="applications">applications</keyword>. The upcoming centre will promote startups, capacity-building, innovations and research in space technology in the states <keyword id="6357961" type="LOCATION" weightage="20" keywordseo="odisha">Odisha</keyword>, West Bengal, Bihar and Jharkhand besides the Andaman and Nicobar Islands. <keyword id="295323" type="COMPANY" weightage="20" keywordseo="NIT-Rourkela">NIT Rourkela</keyword> will provide its state-of-the-art laboratories, facilities and expert faculties to meet these objectives. The space technology-related research and the products from the S-TIC will be utilised in future Space missions and will help nation building through 'Aatmanirbhar <keyword id="2592711" type="PERSON" weightage="20" keywordseo="Bharat-abhiyan">Bharat Abhiyan</keyword>' in space technology and applications domain, K. Sivan, Chairman, ISRO and Secretary Department of Space, Government of India, said in a statement. Students and research scholars will execute real projects given by ISRO of NIT Rourkela taking guidance from expert faculties, mentors from ISRO and relevant industries, Sivan added. ISRO will provide an annual Grant-in-Aid of Rs 2 crore for a period of up to two years to NIT Rourkela as seed money for setting up the S-TIC. The seed money would be utilised for facility augmentation to carry out the research projects and product development taken from ISRO. NIT Rourkela will provide the required infrastructure inside its academic campus. The key outcomes envisaged from the S-TIC include Research and innovation in space technology, product development, IPR, space start-up, business incubation, etc. The MoU between ISRO and NIT Rourkela for setting up the S-TIC was signed on March 18, 2021 virtually. This collaboration with ISRO will open up new opportunities for research and development as well as space start-ups. SEE ALSO: <a href="https://www.businessinsider.in/stock-market/news/easemytrip-ipo-listing-price-at-13-5-premium/articleshow/81581828.cms">EaseMyTrip lists at 13.5% premium – but gives up some of the listing gains soon after</a> <a href="https://www.businessinsider.in/tech/mobile/news/oneplus-9-pro-specs-oneplus-9e-specs-and-price-leak-and-oneplus-9-series-launch-date/articleshow/81168227.cms">OnePlus 9 series specifications and features leaked – here's everything we know about the upcoming OnePlus smartphones</a> <a href="https://www.businessinsider.in/tech/mobile/news/checkout-review-of-moto-g10-power-mobile-phone-review-and-features-information/articleshow/81583548.cms">Moto G10 Power mobile review – big battery on a shoestring budget</a> <a href="https://www.businessinsider.in/stock-market/news/future-retail-shares-take-a-massive-hit-as-it-loses-the-case-against-amazon-in-delhi-high-court/articleshow/81583165.cms">Future Retail shares take a massive hit as it loses the case against Amazon in Delhi High Court</a>

ISRO to boost space startups by setting up a 'Space Technology Incubation Center' at NIT Rourkela

<ul><li>‘Challenge accepted,’ said Gurnani to <keyword id="15681942" type="General" weightage="20" keywordseo="chatgpt" source="Orion">ChatGPT</keyword> maker OpenAI CEO <keyword id="257641" type="General" weightage="20" keywordseo="sam-altman" source="Orion">Sam Altman</keyword> who had said it was totally hopeless to compete with his company on training foundational AI models.</li><li>Gurnani has taken a contrarian stance to that of the industry recently on the <keyword id="64527" type="General" weightage="20" keywordseo="moonlighting" source="Orion">moonlighting</keyword> issue.</li><li>He had created a unique approach to downsizing when his company took over troubled Satyam Computers. </li></ul>Come December, <keyword id="351287" type="General" weightage="20" keywordseo="c-p-gurnani" source="Orion">C P Gurnani</keyword> is all set to hang his boots as <keyword id="43217" type="General" weightage="20" keywordseo="tech-mahindra" source="Orion">Tech Mahindra</keyword>’s CEO, but that’s not making him take a back seat. Unlike most tech CEOs and other top leaders in general, he is unafraid to speak his mind. So much so that Gurnani made OpenAI CEO Sam Altman back down and clarify his comments that it’s hopeless for India to compete with his company on AI. The first to respond was Gurnani who ‘accepted a challenge’ on behalf of India — to create a ChatGPT-like product. “From one CEO to another, challenge accepted,” Gurnani said after Altman said, “The way this works is we're going to tell you, it’s totally hopeless to compete with us on training foundational models, you shouldn’t try and it’s your job to try anyways,” responding to a question on the capability of small team of Indians to try it. Altman’s comments, however, ended up reportedly offending the likes of minister of state for IT and electronics, Rajeev Chandrasekhar. Meanwhile, the 64-year-old Gurnani, never one to shy away from taking on challenges or voicing his opinions, however contrary — has taken the bull by the horn one more time. A votary of moonlighting Not too long ago, when moonlighting was a hot debate, almost every tech major including Tata Consultancy Services (TCS) and Infosys opposed it calling it an ‘ethical issue’. In fact, Wipro’s executive chairman Rishad Premji was a vocal opponent, claiming to have fired people for taking up side hustles while being employed with the company and ‘working’ from home. Amidst a sea of dissent, Gurnani was one of the first voices who supported moonlighting – only asking his employees to be open about it. He asked them not to cover up the extra work as it would aid their resumes. “If you go by my word, if someone is meeting the efficiency and productivity norms, and he wants to make some extra money as long as he is not committing fraud, he is not doing something against the values and ethics of his company, I have no problem. I would like to make it a policy. So, if you want to do it, cheers to that, but be open about it," Gurnani had said. ‘People were not toxic’ Such out-of-the-box thinking and policies are not new for Gurnani. After the shocking Satyam scam, where its founder admitted to falsifying accounts, Mahindra &amp; Mahindra bought the company and brought Gurnani to run it. Almost all the employees of the beleaguered company had turned persona non grata. However, he said, “The company’s accounting books were toxic, the people were not.” Amidst dealing with legal and regulatory issues, he did roadshows lasting many months to convince clients to stay with the company. However, as the immediate task was to improve profitability of the company, he had to do what he dreaded — fire around 18,000 people. The firing was not done at one go however. The company gave a small salary for six months, set up job fairs, trained them and even had psychiatrists to help tide over the crisis – until they found another job. As with moonlighting and the Satyam restructuring, Gurnani brings his unique perspective to artificial intelligence (AI) as well. The chemical engineer from NIT Rourkela isn’t worried about AI taking over human jobs – he believes it will give humans more leeway to create emotional connections and relationships, and of course bring in more creativity to work and life.

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ISRO to boost space startups by setting up a 'Space Technology Incubation Center' at NIT Rourkela

IANS

C P Gurnani and the contrarian stance

Katya Naidu

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