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The budget has turbocharged Digital India's dream through initiatives focused on emerging technologies and improved business policies, said STPI DG Arvind Kumar.

Bobde also said that since access to justice became dependent on technology, it is great to have e-Kendras like the one he has inaugurated.

Dark data is data that is typically not used by enterprises for decision making. It could be data from sensors, logs, and any other transactional data that is largely available but ignored.

HGS’ GST compliance services offering covers activities such as legal validation of all transactions and reconciliation

The LEAP AHEAD initiative launched by MeitY, STPI and TiE Delhi-NCR is a pan-India programme designed to support startups that show early traction and are in the growth stage.

Bihar Business Connect, Investors Summit in Bengaluru saw participation from over 50 companies including Britannia, IBM, UST Global, Synopsis, Shahi Exports, Gokuldas, Raymond and Arvind Lifestyle among others.

Arundhati Bhattacharya, Chairperson & CEO, Salesforce India, said: "The 2023 budget is a growth-oriented and inclusive one that lays a solid foundation and strengthens the economic outlook for India.

Setting up of three centres of excellence for AI is a very positive step in boosting the relationship between industry and academia, said Kapil Bardeja, CEO and Co-Founder, Vehant Technologies.

Devila joins the growing list of top Indian executives including Sundar Pichai Satya Nadella, Parag Agrawal, Leena Nair, Chanel, Arvind Krishna and Ajaypal Singh Banga.

The revision in compensation also comes alongside the five-year term extension to Parekh.