News for 'Data intelligence'

PSBs to Explore AI Collaboration

PSBs to Explore AI Collaboration

Rediff.com20 Jul 2023

'There is a need for an innovation sandbox where the PSBs can collaborate and then they can do their own innovation on top of it.'

Trai to update quality of service parameters soon; to meet telcos next month

Trai to update quality of service parameters soon; to meet telcos next month

Rediff.com6 Jul 2023

State-level reports every quarter for service quality and artificial intelligence-based solutions may be officially mandated as part of a set of more stringent, updated quality-of-service (QoS) norms by the Telecom Regulatory Authority of India (Trai) soon. The new norms will also factor in user experience for 5G networks, officials informed Business Standard. In February, Trai asked telecommunication (telecom) service providers (TSPs) to submit updates on measures taken to reduce call drops and lags and raise the quality of connection.

Heart Of Stone Review: Alia Holds Her Own

Heart Of Stone Review: Alia Holds Her Own

Rediff.com11 Aug 2023

When she does show up an hour into the movie, Alia's confidence is hard to miss, notes Sukanya Verma.

Services sector activity in India hits 1-year low in Nov

Services sector activity in India hits 1-year low in Nov

Rediff.com5 Dec 2023

The services sector growth in India fell to a one-year low in November on softer expansions in new work intakes and output, despite receding price pressures, a monthly survey said on Tuesday. The seasonally adjusted S&P Global India Services Business Activity Index fell from 58.4 in October to a one-year low of 56.9 in November. Despite witnessing a month-on-month decline, the rate of expansion was stronger than its long-run average.

Your Phone Will Be Even Smarter In 2024

Your Phone Will Be Even Smarter In 2024

Rediff.com19 Jan 2024

This year will be the one when GenAI becomes a part of the daily lives of people around the world.

Adani Stocks: What Price Rigging?

Adani Stocks: What Price Rigging?

Rediff.com29 May 2023

The Adani stock price saga will pass into public memory as one of those matters that simply escaped being nailed down, perhaps because too many vested interests were involved, notes Debashis Basu.

What companies have promised to invest in Gujarat

What companies have promised to invest in Gujarat

Rediff.com10 Jan 2024

Prime Minister Narendra Modi on Wednesday said the world looks at India as an important pillar of stability, a trusted friend, an engine of growth in the global economy, a technology hub for finding solutions and a powerhouse of talented youth. He also said that in the rapidly changing world order, India is moving forward as 'vishwa mitra' (friend of the world). Speaking at the inauguration of the 10th edition of the Vibrant Gujarat Global Summit, which saw participation of state hea

Meet Al Hilm, Ball For World Cup Semis, Final

Meet Al Hilm, Ball For World Cup Semis, Final

Rediff.com12 Dec 2022

The Al Hilm features 'Connected Ball' technology -- an unprecedented innovation which has proved a great success in making semi-automated offside decisions faster and more accurate.

Govt has unfettered power under amended IT rules on fake news: Bombay HC

Govt has unfettered power under amended IT rules on fake news: Bombay HC

Rediff.com26 Sep 2023

The Bombay high Court on Tuesday said the recently amended Information Technology (IT) Rules against fake news on social media give "unfettered power" to a government authority in the absence of "guidelines and guardrails".

Infosys, Microsoft ink pact to drive industry adoption of cloud

Infosys, Microsoft ink pact to drive industry adoption of cloud

Rediff.com23 Feb 2023

Indian IT services major Infosys on Thursday announced that it will expand collaboration with tech giant Microsoft to drive enterprise cloud transformation globally. According to a statement, the extended strategic collaboration between Infosys and Microsoft is expected to benefit enterprises by bringing them the best of Infosys Cobalt cloud offerings and Microsoft's cloud computing technologies, led by Azure, across the business value-chain.

MSP, hiking 50% quota, VVPAT, no Agnipath: Congress rolls out manifesto

MSP, hiking 50% quota, VVPAT, no Agnipath: Congress rolls out manifesto

Rediff.com5 Apr 2024

Right to apprenticeship, legal guarantee for MSP, passing a constitutional amendment to raise the 50 per cent cap on reservations for SCs, STs and OBCs, a nation-wide caste census and scrapping of Agnipath scheme are among the promises made by the Congress in its Lok Sabha polls manifesto released on Friday.

Govt setting up high-tech platform under IB to track new age criminals

Govt setting up high-tech platform under IB to track new age criminals

Rediff.com8 Jun 2022

Security and intelligence agencies will soon be provided with a new platform which is technologically advanced, secure and helpful in dealing with new age criminals and anti-social elements, officials said on Wednesday.

Flipkart eyes profitability ahead of IPO

Flipkart eyes profitability ahead of IPO

Rediff.com22 Jan 2024

Flipkart, the e-commerce company owned by Walmart, is intensifying its efforts to achieve profitability as it is eyeing a valuation of approximately $60 billion at the time of its initial public offering (IPO), now planned in 2025-2026, instead of this year, according to people familiar with the matter. The firm might consider listing in the US or any other geography, including India. The company, which counts the likes of Amazon and Reliance's JioMart among its competitors in India's burgeoning e-commerce market, had also contemplated launching an IPO in 2022-2023.

What You Must Know About Google's Gemini

What You Must Know About Google's Gemini

Rediff.com23 Dec 2023

Google CEO Sundar Pichai says Gemini will eventually be integrated into Google's search engine, its ad products, the Chrome browser.

Microsoft unveils blueprint for India on AI governance

Microsoft unveils blueprint for India on AI governance

Rediff.com25 Aug 2023

Tech giant Microsoft has unveiled a blueprint for India on artificial intelligence (AI) governance, and proposed a regulatory architecture to oversee safety protocols, according to a whitepaper released on Thursday. The whitepaper titled "Governing AI: A Blueprint for India" comes amid Microsoft raising its stakes in its artificial intelligence tool ChatGPT. The proposed AI regulatory architecture includes regulations prescribing safety and security requirements, then license deployment for permitted uses in a licensed Al data centre with post-deployment safety and security monitoring and protection.

How spyware Pegasus used WhatsApp servers to infect phones and steal data

How spyware Pegasus used WhatsApp servers to infect phones and steal data

Rediff.com14 Nov 2019

Pegasus, which is capable of attacking both Android and iOS, has been around for three years and is considered one of the most sophisticated spyware in the market.

Services sector activity touches 13-year high in Sep

Services sector activity touches 13-year high in Sep

Rediff.com5 Oct 2023

The services sector growth in India rose to a 13-year high in September on sharp increase in new business amid strong demand conditions, and job numbers continued to increase as overall business mood improved, a monthly survey said on Thursday. The seasonally adjusted S&P Global India Services PMI Business Activity Index rose from 60.1 in August to 61 in September, signalling a sharp upturn in output. In Purchasing Managers' Index (PMI) parlance, a print above 50 means expansion while a score below 50 denotes contraction.

ISI sought massive intel data collection tools, says report

ISI sought massive intel data collection tools, says report

Rediff.com24 Jul 2015

ISI sought to intercept all communications passing through the country in 2013, the most significant expansion of its capacity to conduct mass surveillance to date and rivalling that of the United States and UK.

India's import of discounted Russian crude hits all-time high in May

India's import of discounted Russian crude hits all-time high in May

Rediff.com8 Jun 2023

India's import of discounted crude oil from the Russian Federation hit an all-time high in May, with state-run refiner IOC becoming the biggest importer of Russian oil, relegating Reliance Industries to the second place, trade and shipping data show. Indian imports of Russian oil, accounting for over 46 per cent of its total crude oil imports in May, have grown after strong backing by New Delhi, with state-run refiners powering imports of discounted crude. Discounts on Russian oil average around $10 a barrel, said an official from a state-run refiner. IOC's May purchases rose by 64 per cent on the month, and accounted for half of its total crude imports last month, ship tracking data show.

India's manufacturing sector activity eases in June

India's manufacturing sector activity eases in June

Rediff.com3 Jul 2023

Manufacturing sector activities in India moderated in June from a 31-month high in May, but output remained in the growth territory, as new work orders expanded sharply amid favourable demand conditions, a monthly survey said on Monday. The seasonally adjusted S&P Global India Manufacturing Purchasing Managers' Index (PMI) fell from 58.7 in May to 57.8 in June. Despite the fall, the headline figure pointed to a considerable improvement in operating conditions, the survey said, adding that the demand strength positively impacted several other measures such as sales, production, stock building and employment.

Regulatory woes torpedo PE/VC deals in e-pharma sector

Regulatory woes torpedo PE/VC deals in e-pharma sector

Rediff.com27 Jun 2023

With regulatory uncertainties clouding the future of online pharmacies, deals in the space are showing signs of slowdown, as also fresh investment from private-equity (PE) firms and venture capitalists (VCs). The data from Venture Intelligence shows so far in 2023 (as of June 13) there has been one deal with PE-VC funding. In 2022 there were four, a sharp fall from the 12, totalling $1,520 million, the sector had attracted in 2021.

Ransomware attacks surge over 2-fold in India in first half of 2023: Report

Ransomware attacks surge over 2-fold in India in first half of 2023: Report

Rediff.com4 Aug 2023

India saw a huge surge in ransomware and IoT cyber attacks in the first half of 2023, as criminals shifted to stealthier means of malicious activities, according to a report by SonicWall. While major economies like the US and the UK witnessed a decline in ransomware attacks, India (up 133 per cent) and Germany (52 per cent) are among the countries that saw a huge surge in such attacks, the 2023 SonicWall Mid-Year Cyber Threat Report for the January-June period stated. At the global level, a variety of other attacks have trended up, including cryptojacking (399 per cent), IoT malware (37 per cent) and encrypted threats (22 per cent), the report said.

Data goof-up: Iron ore exports shown 157% higher

Data goof-up: Iron ore exports shown 157% higher

Rediff.com3 Jun 2013

Figures compiled by the Directorate General of Commercial Intelligence & Statistics, under the commerce ministry, showed India's iron ore exports jumped a whopping 157 per cent to 121 million tonnes in 2012-13, compared with 47 million tonnes a year ago.

Manufacturing activity eases for 2nd straight month in July

Manufacturing activity eases for 2nd straight month in July

Rediff.com1 Aug 2023

Manufacturing sector activities in India moderated for the second straight month in July as rates of expansion in output and new orders eased slightly, a monthly survey said on Tuesday. The seasonally adjusted S&P Global India Manufacturing Purchasing Managers' Index (PMI) eased to 57.7 in July from 57.8 in June. Despite the fall, the Indian manufacturing sector maintained strong growth momentum at the start of the third quarter amid ongoing buoyant demand, the survey said.

Startups On Hiring Spree!

Startups On Hiring Spree!

Rediff.com5 Feb 2024

In 2024 so far, 20 startups have already visited the campus with 80 placements.

More than 10m Indian seniors may have dementia, says AI-powered study

More than 10m Indian seniors may have dementia, says AI-powered study

Rediff.com9 Mar 2023

More than 10 million older adults aged 60 or over in India may have dementia, comparable to the prevalence rates for countries such as the US and the UK, according to a first-of-its-kind study.

CBI charges journo, ex-Navy commander with violating OSA

CBI charges journo, ex-Navy commander with violating OSA

Rediff.com12 Jul 2023

In its chargesheet filed before a special court in New Delhi, the CBI has named Raghuvanshi and Pathak as accused in the alleged violation of the Official Secrets Act and related offences, they said.

Samsung remains the largest exporter of smartphones

Samsung remains the largest exporter of smartphones

Rediff.com14 Aug 2023

In FY22-23, Samsung exported $4.09 billion smartphones from India -- an increase of 42 per cent over 2021, when it was $2.8 billion -- accounting for 35 per cent of all smartphone exports.

In ChatGPT's shadow, India readies for aggressive AI play

In ChatGPT's shadow, India readies for aggressive AI play

Rediff.com11 Mar 2023

The government has identified nine key focus areas in the AI national programme, including agriculture, education, Indian languages, smart cities, cybersecurity, transportation, and finance.

Committed to restructuring board: Raveendran tells Byju's shareholders

Committed to restructuring board: Raveendran tells Byju's shareholders

Rediff.com22 Feb 2024

Ahead of Friday's extraordinary general meeting (EGM), Byju Raveendran, chief executive officer (CEO) of Byju's, told shareholders that he is committed to restructuring the board of the embattled educational technology (edtech) firm. He also committed to appointing two non-executive directors to the board by the mutual consent of the founder and shareholders. The development comes at a time when a consortium of key shareholders, holding over 30 per cent stake in Byju's, issued a notice to the embattled edtech firm this month, calling for an EGM to address "persistent issues", including a proposed change of management at the firm.

Rural kiranas power September sales

Rural kiranas power September sales

Rediff.com18 Oct 2023

Sales of fast-moving consumer goods (FMCG) witnessed significant recovery in September after enduring a double-digit decline in August, according to data furnished by Bizom. Kirana stores in rural areas stocked up in preparation for the festival season, which began in September. This, combined with rainfall reaching 113 per cent of the long-perid average for the month, contributed to a boost in sales.

Has Paytm Woken Up Too Late?

Has Paytm Woken Up Too Late?

Rediff.com20 Feb 2024

Has Vijay Shekhar Sharma given up on the bank? For now, he seems to be on a save-OCL mission. The bank will face its logical end, observes Tamal Bandopadhyay.

70 lakh mobile numbers involved in financial frauds disconnected

70 lakh mobile numbers involved in financial frauds disconnected

Rediff.com28 Nov 2023

To check digital frauds, the government has disconnected 70 lakh mobile numbers so far involved in cybercrime or financial frauds, Financial Services Secretary Vivek Joshi said on Tuesday. Emerging from a meeting to discuss issues related to financial cyber security and increasing digital payment fraud, Joshi, who chaired the meeting, said banks have been asked to strengthen the system and processes in this regard. More such meetings would take place, he said, adding the next meeting is scheduled in January.

After Rs 351-cr Odisha cash find, IT dept ends 10-day raids

After Rs 351-cr Odisha cash find, IT dept ends 10-day raids

Rediff.com15 Dec 2023

The last two I-T teams left the premises, one each in Odisha and Jharkhand, carrying with them a number of seized "incriminating documents" and data cloned from electronic gadgets in the early morning hours.

I-T dept to set up new data centre to check tax evasion

I-T dept to set up new data centre to check tax evasion

Rediff.com25 Apr 2014

The new office will have its base in the national capital.

Drug case accused Lalit Patil held in Bengaluru, claims he was made to run

Drug case accused Lalit Patil held in Bengaluru, claims he was made to run

Rediff.com18 Oct 2023

He was on Wednesday produced before a magistrate in suburban Andheri which remanded him in police custody till October 23 in the same mephedrone seizure case.

In India, Nadella warns of the impact of artificial intelligence on jobs

In India, Nadella warns of the impact of artificial intelligence on jobs

Rediff.com21 Feb 2017

The Microsoft chief's comments come in the wake of Bill Gates' call for levying taxes on robots that take away jobs from people.

Now, even Indian lawyers bank on Artificial Intelligence

Now, even Indian lawyers bank on Artificial Intelligence

Rediff.com21 Mar 2017

With the demand for lower costs in process driven activities and a move away from the high rate, billable hours of legal services, AI platforms are being used internationally in many legal tasks.

Beware! The Yellow Dragon Is Awake!

Beware! The Yellow Dragon Is Awake!

Rediff.com2 Nov 2023

Throughout 2022, China turned to the PLA as an increasingly capable instrument of Statecraft, strengthening its ability to 'fight and win wars' against a 'strong enemy', points out Ajai Shukla.