As it readies for its initial public offering (IPO) later this year, digital payments firm Paytm is honing its strengths to remodel itself from being a payment wallet to becoming a financial services provider, and is working towards narrowing its losses, evident from its most recent Annual Report. Unlike many of its peers, Paytm has started expanding its merchant payment ecosystem. It has realised that though it can take the maximum share of the Unified Payment Interface (UPI) transactions, from a revenue generation point of view it will not have any impact.
It is imperative that young aspirants consider career options that will guarantee job security -- roles that are centred around technology.
Engineering product firms were among the first to embrace AI and machine learning. And the early adopters are reaping gains.
In a boost to the electric vehicle boom in India, Taiwanese major Hon Hai Technology Group (aka Foxconn) is likely to set up an EV manufacturing unit in India through its subsidiary Foxtron. Amid speculation that the company may look at Tamil Nadu and probably the Ford India unit near Chennai for its new facility, sources indicate that the group was already betting big in the electric vehicle component space in India through Bharat FIH, which is already having a tie up with companies like Ola Electric and Ather. Bharat FIH currently has two manufacturing units in Tamil Nadu's Sriperumbudur that manufactures phones like Apple iPhones and Xiaomi phones.
Delay due to rise in operating cost of telcos, late adoption of 4G network
Nearly 20 lakh jobs will be up for grabs for those having skill such as IoT, mobility solutions, telecom infrastructure, network architectures, sales among others.
Having missed most of the first three industrial revolutions, India has its chance to lead the fourth industrial revolution through a convergence of its IT prowess, ultra-high-speed internet connectivity and affordable smart devices, billionaire Mukesh Ambani said on Thursday. The richest Indian, who heads the nation's most valuable company Reliance Industries, said his group's telecom and digital unit Jio was conceived to provide the key ingredients needed to lead the fourth industrial revolution.
The training is available for both students as well as mid-career developers.
Artificially intelligent smartphones will be able to offer solutions and suggestions based on user behaviour.
To contact MyGov Corona Helpdesk chatbot, citizens can save the WhatsApp number +91 9013151515 on their phones; start a chat by typing 'Book Slot' and send it to the number.
The foundation for a Digital India will be intelligent networks.
Minacs will be integrated it into SYNNEX's BPO business, Concentrix.
NTT I3 develops software for parent company's wearable electrodes fabric.
Prime Minister Narendra Modi will launch the much-awaited 5G services in India on October 1, 2022, an official release said on Friday. According to the release, 5G to be launched by the Prime Minister in select cities, will progressively cover the entire country over the next couple of years. The cumulative economic impact of 5G on India is estimated to reach $450 billion by 2035. Capable of supporting ultra-high-speed internet services, the fifth generation or 5G is expected to unleash new economic opportunities and societal benefits, serving as a transformational force for Indian society.
On Thursday, the prime minister is scheduled to hold one-on-one meetings with top five American CEOs. Two of them are Indian Americans -- Shantanu Narayen from Adobe and Vivek Lall from General Atomics. The three others are Cristiano E Amon from Qualcomm, Mark Widmar from First Solar, and Stephen A Schwarzman from Blackstone.
As many as 2,000 chips are annually designed in India by semi-conductor and fabless companies, Intel India managing director Prakash Mallya said in a conversation with Business Standard. Mallya was reiterating the importance of India in the semi-conductor sweepstakes. "As much as 90 per cent of the semi-conductor companies have a design footprint in India.
Declaring that the plans will come at less than one-tenth of global rates, Ambani said Jio Fiber plans will be priced between Rs 700 to Rs 10,000 per month "to suit every budget".
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Trifacta's investors include Accel, Greylock Partners, Ignition and Cathay Innovation
'Aquaponics can effectively cushion the impact of a calamity like COVID.'
Abhik Sen tests the Norton Wi-Fi Privacy on PC as well as iOS and Android phones.
The Canadian smartphone maker in October last year launched BBM for rival Android- and iOS-based handsets and the app since then has been downloaded on over 40 million such handsets.
The Reserve Bank of India (RBI) recently said no entity in the card transaction or payment chain, apart from the card issuers and card networks, will be allowed to store sensitive user data from January 1, 2022. Instead, in transactions card data will be converted to tokens.
GenNext Innovation Hub is also pursuing a new global partnership program to collaborate with organizations in US, Europe and Asia.
Speaking at a function organised by the National Legal Services Authority (NALSA) to observe the "Legal Services Day", CJI NV Ramana said students, educated in law, are empowered to be the voices of vulnerable and marginalised sections of the society. "Your decision to join the legal aid movement will pave the path for a great career. This will help you inculcate empathy, understanding and a sense of selflessness. Remember, unlike other professions, the legal profession is not about profit maximization, but about service to the society," the CJI said.
Everyday consumerables, such as grocery and order-in food items are the key buyout sector, analysts say, and a major reason for kirana stores' digitisation push.
If automation is the future, these jobs will surge in 2018.
The Power Bat is a visiting-card sized sticker on the shoulder of the bat that captures the speed of impact, quality of the shot and other parameters when the batsman hits the ball.
The company aims to be part of all smart city programmes in the country directly or indirectly and has come up with a host of India-specific products. Karan Choudhury reports.
Data localisation, an overarching theme across recent government policy proposals, has been a thorny issue with industry
Thanks to technological support provided by BlinkIN, a Bengaluru-based intelligent visual-assistance company, engineers in Wuhan were able to remotely install air ventilation systems in two hospitals in Wuhan, the epicentre of the coronavirus pandemic, reports Peerzada Abrar.
Organisations today are more focused on candidates' skills that will not only add business value to the organisation but also help them thrive.
'With nearly double the market share of our nearest competitor, we are shaping the digital transformation journey of close to 1,000 clients in India.'
Billionaire Mukesh Ambani on Friday backed the proposed data privacy and cryptocurrency bills, saying India is putting in place the most forward-looking policies and regulations. Ambani, who has been a votary of Indians owning and controlling their own data and the nation drafting strict rules around how digital information is stored and shared, said nations have the right to build and protect strategic digital infrastructure. Stating that data is the 'new oil', he said every citizen's right to privacy has to be safeguarded. "India is putting in place the most forward-looking policies and regulations," he said at the Infinity Forum, hosted by International Financial Services Centres Authority (IFSCA).
BBM users on Android and iPhone will now be able to make free voice calls to BBM contacts over a Wi-Fi or cellular data connection with BBM Voice, as well as access BBM Channels, a broadcast service, BlackBerry said in a statement.
ITC Infotech looks to buy 'sub-$50 mn' firms
To land a job in a competitive field, graduates must go beyond the obvious and prepare extensively, adbises Vijay Gupta, director-global human resources, Rahi Sytems, a global IT services and solutions company.
Renderlogy, an interior designing technology start-up, has a few initial hurdles to overcome before scaling and plunging into the larger market.
A summary of sports events and persons who made news on Thursday
Built by the French railway technology company Alstom, it will host a 90-metre-long digital wall for train operation, said to be the second largest in Asia.
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