US-based Citigroup is likely to allocate more global roles to India than to any other centre it operates in due to the country's strong talent pool, said Jane Fraser, chief executive officer of Citigroup, on Wednesday in an interaction with CNBC-TV18. Fraser also expressed confidence that India will remain the world's fastest-growing economy.
'You can imagine for India what Shuks means not just to the billions of people in India but the entire Indian diaspora around the world.'
'Like me there are crores of Marathi people in the state hoping for this miracle to work.'
Indian economy to grow at 6.3-6.8 pc in FY26, against 6.4 pc in FY25
Altman said he was "looking forward" to returning to his previous role at the AI firm.
'Listen to the voice in your head and keep your inner sanctum safe.'
'That refresh programme -- because they are big aircraft and we cannot ground them all at the same time -- will last well into 2027.'
'It is the responsibility of industry to take the very bright talent whose knowledge of software engineering basics is very high, and then give them additional skills.'
Bollywood is such an integral part of Mumbai that it spills out in the city's busy streets!
'Could the impending new crisis, vibe coding, similarly create not a disaster like what befell Indian handlooms during the Industrial Revolution but another opportunity like what the Y2K crisis created?' asks Ajit Balakrishnan.
Busy daters will use AI tools to save time and avoid awkward conversations. Two in 10 daters turn to AI for unbiased relationship advice, predicts rediffGURU Ravi Mittal, CEO, Quack Quack, an online dating Web site.
Digital ghosts have opened a new can of worms for digital experts.
The Commission has desired to incorporate Aadhaar-based fingerprint authentication (else digital fingerprint capturing) and facial recognition of candidates, scanning of QR Code of e-admit cards and monitoring through live AI-based CCTV video surveillance, it said.
'You think: Did I fail the people I had to let go? Did I promise something I couldn't deliver? That day (when we had to sack 70 people) will stay with me.'
Babil's palpable reactions to invasion of privacy make a strong case for Logout's plausible scenario, observes Sukanya Verma.
India's e-commerce market alone is projected to reach $200 billion by 2026, making it a prime industry for ambitious entrepreneurs, explains rediffGURU Harsh Bharwani.
'Every Indian should move to an EV, and the government should not buy any fossil fuel cars. The government should become the first driver of EV adoption.'
The Indian IT services industry is expected to clock revenue growth in the mid-single digit for the financial year 2024-2025 (FY25), according to a report by Icra for the year.
India is expected to overtake the US as the largest developer community on GitHub by 2027, Microsoft chairman and chief executive officer Satya Nadella said during his address to 1,100 developers and technology leaders at the Microsoft AI Tour in Bengaluru on Thursday. India is the fastest-growing market on GitHub, a Microsoft-owned software development platform, with 13.2 million developers using it.
'We are looking at the next target which is to be a $1 billion ARR firm in the next 4-5 years.'
'This is the Bengal story, where businesses are nurtured, dreams are realised, and legacies are built.'
Acutely conscious that he's left with less than four years to create his legacy, Trump is undoubtedly a man in a hurry, observes Ambassador M K Bhadrakumar.
Justice Prathiba M Singh stated that the accuracy and reliability of AI generated data is still in the grey area and at best, such a tool can be utilised for a preliminary understanding or for preliminary research.
India's top technology companies will witness a tepid revenue expansion in the third quarter (October - December) of the current financial year (Q3FY24) - along expected lines - on the back of furloughs and no blockbuster deals, even as the momentum gained from Generative AI (GenAI) is likely to take centre stage. IT services and consulting firm Accenture's first quarter numbers in FY24 showed a significant pick up in GenAI spending. It signed new bookings to the tune of $450 million in this space, a surge from the $300 million signed in the whole of FY23.
'AI is not a new thing for us. We started our AI journey in 2015.'
In a dazzling showcase at Apple Park, Apple on Monday introduced its latest technological marvels, including the much-anticipated iPhone 16 lineup. The event, held at the newly inaugurated Observatory building, featured an array of exciting updates that promise to redefine the smartphone experience.
Meta is working closely with the Election Commission. This enables the Commission to flag unlawful content.
The government has identified nine key focus areas in the AI national programme, including agriculture, education, Indian languages, smart cities, cybersecurity, transportation, and finance.
Prime Minister Narendra Modi paid homage to the memory of freedom fighter V D Savarkar in Marseille, France, where Savarkar had attempted a daring escape from British custody in 1910. Modi also inaugurated a new Indian Consulate in the city, marking a significant step in strengthening India-France ties. The prime minister's visit includes a series of engagements with French President Emmanuel Macron, including a visit to the Mazargues War Cemetery to honor Indian soldiers who died in the World Wars. They will also tour the International Thermonuclear Experimental Reactor (ITER) project.
the largest transactions of the year include the merger of Quality Care India and Aster DM Healthcare valued at $5.08 billion, followed by Bharti Enterprises' acquisition of a 24.5 per cent stake in the BT Group at $4.08 billion, and a family settlement transaction in the Godrej family at $3.5 billion.
'The conversation is no longer just about securing funds or acquiring customers but about the long-term value of customers.'
Information technology (IT) giant Wipro has a strong pipeline of large artificial intelligence (AI)-led deals in the health care vertical, according to a senior company executive. Health care stands as the third-largest vertical for Wipro, contributing roughly 14 per cent to the company's overall revenue. Moreover, while most other verticals reported negative growth, health care demonstrated robust growth of 9.9 per cent year-on-year and 7.5 per cent quarter-on-quarter in constant currency during the October-December quarter.
Information technology major Infosys and Liberty Global, a London-based telecom firm, signed a 1.5 billion (about $1.64 billion) deal for five years to evolve and scale up the telco's digital entertainment and connectivity platforms, the companies said in a joint statement on Tuesday. As part of the expanded collaboration agreement, the size of the contract will touch 2.3 billion (about $2.5 billion) if extended to 8 years. The collaboration allows Liberty Global to realise run-rate savings of over 100 million (about $109 million) per annum, inclusive of other savings and technology investments, Infosys said in a statement.
Prime Minister Narendra Modi announced that he will hand over his social media accounts to women achievers from different walks of life to mark International Women's Day on March 8. In his monthly "Mann Ki Baat" address, Modi said these successful women will talk about their work and experience on his social media accounts. He also renewed his appeal to people to take measures to deal with the growing problem of obesity and encouraged people to visit research laboratories or planetariums to mark National Science Day on February 28. Modi highlighted India's progress in space science and artificial intelligence, and emphasized the importance of celebrating and respecting the indomitable spirit of women. He also spoke about the diversity of India's wildlife and the importance of conservation efforts.
'To be able to sail through such volatilities, it is prudent to focus on quality.'
... And it's not just fear of job losses, says Ajit Balakrishnan.
'We give them problems so that they can come up with solutions using the technological skills they have learnt.' 'In fact, changemaking and problem solving are interchangeable, in a way.'
The high-octane campaigning for the February 5 Delhi Assembly elections concluded at 6 pm on Monday, with big guns from all three major parties holding roadshows, public meetings, padayatras and bike rallies in a final push to sway voters. The Aam Aadmi Party remains confident of securing a third consecutive term, highlighting its governance record and welfare schemes. The Bharatiya Janata Party (BJP), aiming to reclaim power in Delhi after more than 25 years, held 22 roadshows and rallies across the city. The Congress, seeking a revival after failing to win any seats in the last two elections, also intensified its efforts. The election battle has seen sharp political exchanges, with AI-generated spoofs, catchy slogans, and roadshows dominating the discourse. The outcome of this fiercely contested election will determine whether the AAP continues its dominance, the BJP breaks its losing streak, or Congress makes a surprising comeback. The final verdict will be revealed on February 8, as Delhi awaits the results of what has been one of its most high-stakes electoral battles.
The TMC-led West Bengal government has already started laying the groundwork for the election, setting the tone with the recent Bengal Global Business Summit and the state Budget.