Enabling fans to experience sports like never before: Tech Mahindra
Las Vegas, Nov 29 - As sports become more immersive, Tech Mahindra is leveraging new-age technologies to deploy its sports cloud offering and enhance the digital capabilities of sports leagues, franchises and organisations, Jagdish Mitra, Chief Strategy Officer and Head of Growth at
Cut in customs duty on edible oil imports extended by a year
New Delhi, Dec 22 - The Central government has extended the reduced customs duty applicable to edible oil imports by a year in order to keep prices in check.
Litmus test for humans as GenAI starts taking away entry-level jobs
New Delhi, Dec 22 - When IBM CEO Arvind Krishna predicted a few months ago that he could easily see 30 per cent of jobs getting replaced by AI and automation over a five-year period, his statement raised several eyebrows. As the year
Expect a deepfakes boom as hackers master use of AI, Machine Learning
New Delhi, Dec 22 - With the growth of Large Language Models (LLMs) like OpenAI's ChatGPT, Artificial Intelligence (AI) exploded in the public arena in 2023. According to experts, this trend is expected to continue beyond 2024, as both hackers and cybersecurity professionals
Banks in Punjab told to speed up disbursal of self-employment loans
Chandigarh, Dec 22 - Punjab Finance Minister Harpal Cheema and Member of Parliament Vikramjit Singh Sahney on Friday reviewed the progress of sanctioning and disbursement of loans under various schemes for self-employment with state heads of 40 banks here.
Polycab India shares plunge as taxmen raid company
Mumbai, Dec 22 - Polycab India shares plunged by close to 5 per cent on Friday amid reports of the Income Tax Department carrying out raids at 50 premises of the company nationwide.
Indian AI startups fuel innovation amid record funding, govt push
New Delhi, Dec 23 - As funding becomes scarce for the Indian startup ecosystem in general, the explosion of Artificial Intelligence (AI) has given a new lease of life to entrepreneurs and founders in the country, as the Centre extends support to the
Centre releases additional Rs 72,961 crore from tax kitty to states
New Delhi, Dec 22 - The Central government has authorised the release of an additional installment of tax devolution amounting to Rs 72,961.21 crore to strengthen the hands of state governments for financing various social welfare measures and infrastructure development schemes, the Finance
‘Allowing LIC time period of 10 years is a welcome step’
New Delhi, Dec 22 - Founder MMJC & Associates Makarand M Joshi on Friday said that the decision of allowing LIC time period of 10 years to achieve minimum public shareholding is a welcome step looking at the current situation of the global
Global credit rating agencies must be transparent, fair to developing nations: CEA
New Delhi, Dec 22 - Credit rating agencies such as Fitch, Moody’s and S&P, need to reform their sovereign rating process which is heavily loaded against developing countries like India resulting in additional funding costs running into billions of dollars, the government’s Chief
Essar selects technology partner for Essar Oil UK’s Industrial Carbon Capture facility paving way to reduce CO2 emissions by 1 million tons
New Delhi, Dec 22 - Essar Oil UK announces the selection of a second key licensor technology provider, Topsoe, for the planned EET Industrial Carbon Capture (“ICC”) facility based at Stanlow, UK. Topsoe will provide its sustainable flue-gas treatment technology SNOXTM.
Lina Khan-led FTC proposes new rules to curb monetization of kids’ data
San Francisco, Dec 22 - The Federal Trade Commission (FTC) in the US has proposed sweeping changes to regulations to further limit the collection and use of children’s data by tech companies for monetisation, especially for targeted advertising.
Global passenger battery EV sales to reach 10 mn units in 2023
New Delhi, Dec 18 - The global passenger battery electric vehicle (BEV) unit sales increased by 29 per cent (year-on-year) in the third quarter this year, a report showed on Monday, adding that annual BEV sales are expected to reach almost 10 million
NHAI awards projects worth Rs 9,384cr to successful bidders
New Delhi, Dec 18 - NHAI has awarded Toll, Operate and Transfer (TOT) projects of a combined length of 273 km for Rs 9,384 crores to successful bidders, Ministry of Road Transport and Highways said on Monday.
Accenture unveils generative AI studio in India to boost data, AI adoption
Bengaluru, Dec 18 - Global IT services firm Accenture on Monday launched a generative AI Studio in India to accelerate the adoption of data and artificial intelligence (AI).
FIIs turn big buyers with Rs 20,000 cr of stocks in two weeks
New Delhi, Dec 18 - FIIs, who have made a 'U' turn in their strategy, have turned big buyers having invested around Rs 20,000 crore, including bulk purchase, in the last two weeks, says V K Vijayakumar, Chief Investment Strategist at Geojit Financial
Not the right way to do it: Pichai on laying off 12K Google workers
San Francisco, Dec 16 - After almost a year when Google announced the decision to cut 12,000 jobs, Alphabet and Google CEO Sundar Pichai has said that the decision to inform employees affected by the layoffs was "not the right way to do
FPIs bought heavily in banking, IT stocks
New Delhi, Dec 16 - Chief Investment Strategist at Geojit Financial Services V K Vijayakumar on Saturday said that a major development in December has been that FPIs have heavily bought stocks in banking and IT segments.
K’taka has potential to make 1mn chip designers in next 5 yrs: IT Minister Priyank Kharge
Belagavi (Karnataka), Dec 16 - Karnataka Information Technology and Biotechnology Minister, Priyank Kharge, said on Saturday that the southern state has the potential to prepare one million chip designers in the next five years across the country, to meet the requirement in the
US FTC looking into our subscription cancellation practices: Adobe
San Francisco, Dec 16 - The US Federal Trade Commission (FTC) is looking into Adobe’s subscription cancellation practices, the software giant has revealed.