IMD has decided to increasingly use cutting-edge technology such as artificial intelligence (AI) and machine learning (ML) in forecasting, both to avoid such glitches and to counter the disruption of normal seasonal patterns as a result of climate change. It has formed various internal sub-groups of senior officials and meteorologists to decide on how best to use AI and ML in predicting cyclone intensity, and in making short-range weather forecasts (those valid for up to three hours) as well as long-range forecasts.
One should appreciate the sagacity and audacity of JRD and Nani Palkhivala in founding TCS on April 1, 1968. At that time there was no Microsoft or Intel, SAP or Accenture, much less Google.
They needed a person who could build and execute their vision: A frontiersman; a problem solver and an institution builder. It was their and India's good fortune that Faqir Chand Kohli more than measured up to their requirements and indeed laid the foundation to take TCS to unimaginable heights and to the giant success that it is today. Shivanand Kanavi salutes the incomparable F C Kohli, who passed into the ages last week.
The proposal will impact US-based companies like IBM, Hewlett Packard, Microsoft and Oracle that have overseas operations in countries like India.
India has the potential to become a major hub for outsourcing computer games, according to a leading IT specialist.
Civil Aviation Minister Ajit Singh tells Kavita Chowdhury that he is focused on passenger comfort and not on favouring private airlines, as many have alleged.
Describing India as a country that can no longer be ignored, prestigious American news magazine, Time has said the country's rise is for real but it needs to be careful about traps like the latest stock market slide.
Indian IT firms, with their focus on cost-saving and labour arbitrage deals will face intense competition from their better equipped global competitors who provide solutions across the value chain.
There's no place like home, but even for the affluent buying one in India is difficult. On top of that, the coronavirus pandemic-now in its eighteenth month-has made life uncertain. A hopeful thing is buying a house looks alluring as loan interest rates fall below 7 per cent, their multi-decadal lows. The slow decline in GDP growth after demonetisation, followed by the economic shock caused by Covid-19 waves, has hurt us unevenly.
India, China and other emerging economies will beat United States at the 'skills war' unless it improves the teaching standards resulting an increase in outsourcing, an American businessman has said.
The footprints of Indian-origin corporate executives at multinationals is expanding, with Sandeep Kataria taking over the reins of footwear major Bata as its global chief executive officer. From FMCG majors to IT titans, Kataria joins the league of Indian-origin executives who have climbed the highest echelons of corporate across diverse sectors globally. From Nooyi to Pichai to Nadella, the list of such people at the helm of multi-billion dollar enterprises is long.
Personal computer shipment to India grew 19.5 per cent to cross 2.5 million units in 2003 with HP securing the top slot with a 9.6 per cent overall market share followed closely by HCL at 9.1 per cent in terms of units shipment.
The personal computer market grew 30 per cent to cross the 4.6 million units in 2005-06, according to IDC's India quarterly PC market tracker.
Marketers need to build on the country's core values to strengthen Brand India's presence abroad.
Microsoft on Tuesday said it will offer commercial cloud services from local data centres in India by 2015 as the tech giant gears for competition for the estimated $2 trillion domestic market opportunity from rival firms like Google and IBM.
Fernandes wanted Coca-Cola Company to not just transfer 60 per cent of the shares of its Indian firm but also the formula for its concentrate to Indian shareholders.
Bharti Airtel chairman Sunil Mittal has expressed hope that the government and regulators will step in to ensure the sector remains a viable place for continued investments and asserted that the industry requires "long overdue" support to maintain its current 3+1 structure. In the latest annual report of Airtel, Mittal said as the sector's role in the economy becomes more pervasive, its challenges loom larger. Issues such as unsustainable pricing and low returns in a highly capital-intensive environment, coupled with legacy legal issues, "have extracted their toll", Mittal observed.
Who is to take their place? Will a new generation of entrepreneurs start up with better business sense, or at least better luck? But the so-called unicorns are mostly copy-cat entrepreneurs whose cash flow is funded by overseas (including Chinese) money, notes T N Ninan.
Ajit Singh represented a bridge between a constituency that represented a more traditional era in politics and a modern, forward-looking, India, remembers Aditi Phadnis.
Multinational IT firms who are now leveraging the India offshore model to deliver value to their customers are planning to hire over 13,000 professionals in the next 12 months, CRIS INFAC, a business research firm of CRISIL, said on Tuesday.
Analysts are of the opinion that 55 may emerge as the new age to retire for techies in India
According to Microsoft CEO Satya Nadella, data today shows that the world GDP growth is not "something great" and that calls for the need for new innovations like AI being taken very seriously.
Several companies and technology heavyweights including Microsoft, Oracle and Salesforce are working to create a digital vaccination passport or health passport app in the hope that governments and airlines will require travellers to upload details of their Covid-19 tests and immunisation. The vaccine passport will effectively create digital credentials that could be the key to attending crowded events or even visiting countries.
Organisations today are more focused on candidates' skills that will not only add business value to the organisation but also help them thrive.
Sources said about hundreds of companies, including Facebook and Amazon, could seek tax refund because they import software for sale in India.
Data localisation, an overarching theme across recent government policy proposals, has been a thorny issue with industry
Not just in the IT sector, Capgemini is probably the only company, in India, which has offered salary increments.
Defence major Boeing on Monday proposed greater business engagement with India, as Prime Minister Narendra Modi promised the US companies to provide friendlier business environment in the country.
Are the big five using their dominance to shut out rivals? That is the key question, says Prosenjit Datta.
'India missed the software products revolution (and now is in danger of missing the platform revolution), complacent that we are the software experts of the world based on IT services prowess,' points out Rajeev Srinivasan.
A court ruled in favour of Vodafone on Friday in a long-running dispute with the Indian taxman, a boost for the British telecom group whose tax battles have been seen as emblematic of the troubles facing foreign investors in India.
The US president's stance on immigration could lead to a change in H1B visa rules.
eBay says it has cut jobs at its centre in Bengaluru in favour of shifting them to other locations around the world.
While it is heartening to see companies chipping in with their messages of support, they are probably walking a tightrope here.
With India's emergence as a hub of low-cost outsourcing, global IT giants are increasingly ramping up their presence in the country.
A controversial American surveillance programme that sweeps Internet usage data had 700 snooping servers installed at 150 locations around the world, including one in India, according to a report.
Sales of Apple's smartphones in China have suffered a setback.
As Prime Minister Narendra Modi arrived in New York on Friday on a five-day US visit, he was greeted with 'Har Har Modi' slogan.
World's largest e-tailer Amazon is evaluating setting up a data centre in India to tap into the multi-billion cloud opportunity in India.
NPCI has launched several consumer friendly systems including one that allows users to transfer money to people over mobile phones across India.
