News for 'Artificial Intelligence'

'Our India centre is a hub for global innovation'

'Our India centre is a hub for global innovation'

Rediff.com8 Jan 2025

'Our business continues to roll out its strategy, the role of this GDTC continues to grow.'

How Government Is Making Use Of AI

How Government Is Making Use Of AI

Rediff.com9 Oct 2024

The National Informatics Centre uses AI to automate document analysis and detect fraud in government departments.

The Menace Of Illegal Constructions

The Menace Of Illegal Constructions

Rediff.com25 Oct 2024

As we brace for unprecedented rates of urbanisation, it is crucial to ensure that illegal constructions and unauthorised land use are curbed, asserts Amit Kapoor.

Biden gifts special t-shirt to Modi with his 'AI' quote

Biden gifts special t-shirt to Modi with his 'AI' quote

Rediff.com24 Jun 2023

While Modi was given this t-shirt by Biden, Microsoft CEO Satya Nadella, Chairman of Mahindra Group, Anand Mahindra, Apple CEO Tim Cook and External Affairs Minister S Jaishankar could be seen at the event, amongst many others.

Tatas' Gujarat semiconductor fab will create over 20K jobs

Tatas' Gujarat semiconductor fab will create over 20K jobs

Rediff.com29 Feb 2024

Tata Electronics' Rs 91,000 crore semiconductor fab in Dholera, Gujarat, in partnership with PSMC, will generate over 20,000 direct and indirect skilled jobs in the region and construction of the mega unit is expected to begin this year, according to a statement on Thursday. The planned unit - India's first commercial fab, marks Tata Electronics' entry into the global semiconductor industry. Tata Electronics said it is "proud to lead India's entry into global semiconductor fabrication".

How DoT Plans To Check Rising Spam

How DoT Plans To Check Rising Spam

Rediff.com15 May 2024

Launched in March, it triggers re-verification of suspected fraudulent numbers. Failing re-verification, the number will be disconnected.

AI will play big role here: Google India MD

AI will play big role here: Google India MD

Rediff.com3 Oct 2024

Having marked a 20-year milestone in India, global tech giant Google is upbeat about its next innings here with Artificial Intelligence (AI) playing a big role in it, India MD Roma Datta Chobey said on Thursday, adding that the company is aligning its vision and strategy fully to the country's growth and ambitions. In an interview to PTI, Chobey said Google believes that AI should be regulated but in a way that strikes a fine balance between user benefit -- which is "still at a nascent stage" -- and at the same time, fosters innovation.

How AI is shaping the future of fashion e-commerce

How AI is shaping the future of fashion e-commerce

Rediff.com17 Dec 2024

'We have reached 70 million monthly active users during this festival season, which is another great milestone for us.'

In red-hot AI space, funds for Indian startups cooling down: Traxcn

In red-hot AI space, funds for Indian startups cooling down: Traxcn

Rediff.com11 May 2024

Venture capital (VC) and private equity (PE) funding for Indian startups in the artificial intelligence sector has seen a dramatic decrease with deal sizes shrinking, notwithstanding the buzz around the country's potential as a major AI hub. Data from research agency Traxcn, which tracks PE/VC investments, shows that total funding for AI startups in India, which started with a bang in 2022 at $599 million, dropped sharply in 2023 to $168.4 million - a decrease of over 71 per cent.

Lava dials up ambitions for smart wearables market

Lava dials up ambitions for smart wearables market

Rediff.com20 Aug 2024

With the recent launch of smartwatches, home-grown smartphone maker Lava is looking to secure a strong foothold in the Indian wearables market. The company aims to capture up to 20 per cent of this segment over the next few years, according to a senior executive.

How GenAI Will Impact Jobs

How GenAI Will Impact Jobs

Rediff.com23 Apr 2024

Jobs specialising in the creation and management of AI tools may witness rising salaries due to the niche expertise they require. Skills in AI research, development and the practical application of AI tools in business settings will also see strong demand.

'Climate shocks' add uncertainty to inflation outlook: RBI annual report

'Climate shocks' add uncertainty to inflation outlook: RBI annual report

Rediff.com31 May 2024

The Reserve Bank of India (RBI) has identified "climate shocks" as a risk to food inflation rates and overall price rise while stating that the outlook for the country's economic growth remains bright. In its Annual Report for 2023-24, released on Thursday, the central bank said easing supply-chain pressures, broad-based softening in core inflation, and early indications of an above-normal southwest monsoon meant well for the inflation outlook in 2024-25. "The increasing incidence of climate shocks, however, imparts considerable uncertainty to the food inflation and overall inflation outlook," said the RBI while noting headline inflation moderated by 1.3 percentage points on an annual average basis to 5.4 per cent in 2023-24.

Putin critic Alexei Navalny found dead in prison

Putin critic Alexei Navalny found dead in prison

Rediff.com16 Feb 2024

The death of the jailed Russian-opposition leader, 47, has been reported by state media which further cited the prison service of the Yamalo-Nenets region where he had been serving his sentence.

Army raises elite unit STEAG for military technology development

Army raises elite unit STEAG for military technology development

Rediff.com18 Mar 2024

The setting up of STEAG is part of the Army's efforts to develop technologies considering the future battlefield, they said.

Indian-origin techie shot wife, himself; kids' death remains mystery

Indian-origin techie shot wife, himself; kids' death remains mystery

Rediff.com16 Feb 2024

Anand Henry, an Indian-origin former Meta software engineer is suspected of killing his wife and twin sons before turning a gun on himself in a gruesome murder-suicide in the United States state of California, according to authorities.

CJI's 'namaste' gesture as Modi lauds SC at Red Fort

CJI's 'namaste' gesture as Modi lauds SC at Red Fort

Rediff.com15 Aug 2023

Modi observed that the Supreme Court has decided to translate operative part of the judgment in language spoken by the litigant.

Direct tax: Budget 2025-26 eases burden, boosts spending and growth

Direct tax: Budget 2025-26 eases burden, boosts spending and growth

Rediff.com3 Feb 2025

The eighth Budget of Finance Minister Nirmala Sitharaman continued to focus on 'GYAN' (Garib, Youth, Annadata, Nari) to maintain a consistent and coherent strategy initiated over the years in pursuing the government's vision for Viksit Bharat. The approach, characterised by incremental yet impactful steps, aims to create a compounding effect over time.

Live streaming of court proceedings has flipside: CJI

Live streaming of court proceedings has flipside: CJI

Rediff.com6 May 2023

CJI Chandrachud said courts across the country are likely to become paperless soon.

Kerala Congress apologises over Modi-Pope tweet

Kerala Congress apologises over Modi-Pope tweet

Rediff.com17 Jun 2024

The party said no Congress worker would even entertain the remotest thought of insulting the Pope, whom Christians around the world consider as God-like.

'We are trying and creating solutions for SME segment'

'We are trying and creating solutions for SME segment'

Rediff.com20 Jul 2024

'The pricing model will be different. The product will be different.'

How GenAI Startup Ecosystem Is Unfolding

How GenAI Startup Ecosystem Is Unfolding

Rediff.com11 Jan 2024

'In India, the GenAI startup ecosystem is unfolding with remarkable speed, signalling a new era of technological advancement and investment opportunities.'

Odisha accident: AI portal, SIM card tracking help identify unclaimed bodies

Odisha accident: AI portal, SIM card tracking help identify unclaimed bodies

Rediff.com7 Jun 2023

The railways initially called a team from the Unique Identification Authority of India to the site to take thumbprints of the dead to ascertain their identity.

TCS needs to keep evolving in age of GenAI: Krithivasan

TCS needs to keep evolving in age of GenAI: Krithivasan

Rediff.com3 Jan 2024

Tata Consultancy Services (TCS) has to "keep evolving" and be relevant to clients as generative artificial intelligence (GenAI) technologies emerge, K Krithivasan, chief executive officer and managing director of the IT company, has said in a New Year's message to employees. "It is always heartening to see the reinforcement of how strong our relationships are with our clients and the level of trust they place with us.

Delhi police procure 700 face detection CCTV cameras for I-Day security

Delhi police procure 700 face detection CCTV cameras for I-Day security

Rediff.com9 Aug 2024

While the north district will get 346 Closed Circuit Television cameras, the central district will be allotted 354 cameras, officials said.

Flipkart's Shopsy intensifies efforts to tap into Bharat

Flipkart's Shopsy intensifies efforts to tap into Bharat

Rediff.com8 Aug 2024

Flipkart's hyper-value e-commerce platform Shopsy is intensifying efforts to tap over half of the 821 million internet users (about 442 million) in rural India. These efforts are being led by Prathyusha Agarwal, who recently joined as business head at Shopsy. The aim is to become the go-to destination for consumers seeking entry-level products across various categories.

What Modi told Bill Gates about India's digital dreams

What Modi told Bill Gates about India's digital dreams

Rediff.com29 Mar 2024

Prime Minister Narendra Modi on Friday identified agriculture, education and health as three sectors where he believes technology can play a big role, and highlighted efforts of his government.

IT aims for the sky after Accenture's Q4 results

IT aims for the sky after Accenture's Q4 results

Rediff.com5 Oct 2024

Global firm Accenture's fourth quarter results prove that the worst is behind for the Indian information technology (IT) sector, said analysts on Friday (September 27). While the pace and the broadness of recovery is debatable, they said Accenture's results and revenue growth guidance for the next financial year (FY25) reduce downside risks for Indian IT companies.

Investors' desire for buybacks, dividends highest in 9 yrs: BofA

Investors' desire for buybacks, dividends highest in 9 yrs: BofA

Rediff.com28 Mar 2024

Investors' desire for companies to prioritise returning cash to shareholders through share buybacks, dividends or mergers and acquisitions (M&A) is at the highest level since July 2015, said a survey by BofA Securities (BofA). Nearly 30 per cent of respondents wanted companies to do so. As many as 226 respondents with $572 billion worth of assets under management (AUM) participated in the March fund manager survey (FMS), said BofA.

Will AI, Like Y2K, Be Gamechanger For Indian IT Cos?

Will AI, Like Y2K, Be Gamechanger For Indian IT Cos?

Rediff.com1 Jan 2025

'The race is now on for Indian IT firms to develop their AI prowess and focus on a software-first approach to services as the people element becomes more complicated with Trump's expected new regulations.'

Campus Placements At IITs Getting Tough

Campus Placements At IITs Getting Tough

Rediff.com8 Jul 2024

Nearly 40 per cent of IITians sitting for placements in 2024 are yet to receive job offers, showing a doubling of the 'unplaced' in the last three years from 19 per cent in 2021-2022 to 38 per cent in 2023-2024.

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