The government is ready to support Air India, but wants the airline to improve its performance.
The survey covered 1,210 IT executives and technology professionals from North America, the United Kingdom, Australia, New Zealand, Singapore and India. In India, 202 respondents from businesses with more than 500 employees across 18 industry verticals completed the survey. Overall, 89 per cent of the respondents said implementing a work-from-home policy had increased security challenges for their organisations. The risk posed by shadow IT was especially high, with 89 per cent of companies having no control over the software that employees purchase and install on their devices.
The loans are backed by a government guarantee.
Move after the North Eastern Council failed to make viability payments to the carrier.
Air India has long ceased to be a commercial entity: it is of the government, exists for the government and is run by the government.
Artificial Intelligence will create 2.3 million machine learning jobs by 2020.
... As the world swings from 'financialisation' to 'artificial intelligence', asks Ajit Balakrishnan.
While a demand for allocation of Rs. 2,000 crore has already been made, sources said provision for Rs. 1,200 crore worth of equity could be made in the Budget.
Chief Justice of India (CJI) D Y Chandrachud's first 100 days in office saw the Supreme Court take a giant leap towards reforms, especially making courts more technology-friendly, and ensuring relatively fast judicial appointments including those of eight judges to the apex court.
Tata Sons has emerged as the top bidder for the takeover of debt-laden State-run airline Air India but the bid is yet to be approved by a group of ministers headed by Home Minister Amit Shah, sources said.
The list in 2018 contained about 7,600 names. It has been reduced to under 3,800 in the past 18 months, according to Castellum.AI, a New York-based regulatory technology company. About 1,800 of the names have been removed since the beginning of March, according to data collected by Castellum.
On the Sensex chart, Bajaj Finance, Bajaj FinServ, SBI, IndusInd Bank, Dr Reddy's, Tech Mahindra, ITC and Kotak Bank were the prominent gainers - rising up to 7.29 per cent. NSE Nifty climbed 102.40 points to end at 15,737.75.
A group of ministers led by Finance Minister Pranab Mukherjee on Tuesday allowed Air India to raise Rs 7,400 crore (Rs 74 billion) by issuing government-guaranteed bonds or by other means.
Here's the full text of Prime Minister Narendra Modi's address to a joint session of the United States Congress, delivered on Thursday.
P P Chaudhary the newly-appointed minister of state for corporate affairs, is monitoring and coordinating actions against shell companies.
Changing tracks helps. But, not taking the beaten path isn't always helpful. This is the story of two of India's biggest privatisations - Air India and Bharat Petroleum (BPCL). Nearly two decades after the last privatisation, a landmark divestment concluded this year when the loss-making national carrier Air India was sold to the Tatas.
The new plan is likely to be discussed in the meeting of the group of ministers to be held next week.
Ride-hailing platform Uber on Wednesday said it is recruiting close to 250 engineers for its teams in Bengaluru and Hyderabad as it continues to expand the scope of operations for its engineering and product work in the country. The current round of hiring will strengthen the company's rider and driver growth, delivery, eats, digital payments, risk and compliance, marketplace, customer obsession, infrastructure, adtech, data, safety and finance technology teams, a statement said. These roles are currently split between the company's Hyderabad and Bengaluru tech centres, it added.
Air India expects to wipe out some red marks from its balance sheet.
No other corporate house in India is in a better position than Tata group for the takeover of debt-laden airline Air India, former deputy chairman of erstwhile Planning Commission Montek Singh Ahluwalia said on Thursday. Tata Sons has emerged as the top bidder for the takeover of the state-run airline but the bid is yet to be approved by a group of ministers headed by Home Minister Amit Shah. "You can't have a better corporate, with a better position than the Tatas, we can hand it (state-run airline Air India) over," he said while replying to a question in a virtual event.
In years past, we often approached the Budget expecting to see changes in direct and indirect taxes. Those days are behind us. The Budget of today seeks to expand the economy and keep it at the forefront of technology, observes Harsh Goenka.
First and business class air travellers would find flying costlier.
While the government had earlier decided to grant the ailing carrier Rs 800 crore (Rs 8 billion) this fiscal, another Rs 1,200 crore (Rs 12 billion) was planned for release in 2010-11.
Domestic air passengers traffic logged a 20.1 per cent growth in the January-September period.
The recent spate of technical glitches in aircraft has prompted the Directorate General of Civil Aviation (DGCA) to issue an order on July 18, making aircraft maintenance engineers (AMEs) with category B1/B2 licences the final authorities in certifying planes. This has put the spotlight on the availability of such personnel. According to the order, airlines were resorting to frequent one-off authorisation by the Category A certifying staff at transit stations, which is not in line with existing regulatory provisions.
Even at the entry-level, professionals who have proficiency in emerging technologies will have an edge over others in these domains.
The government is expected to defer the mega initial public offering (IPO) of LIC to the next financial year as the ongoing Russia-Ukraine war has dampened fund managers' interest in the public issue, market experts said on Sunday. The government was looking to sell 5 per cent stake in Life Insurance Corporation (LIC) this month, which could have fetched over Rs 60,000 crore to the exchequer. The IPO would have helped meet the curtailed divestment target of Rs 78,000 crore this fiscal.
Modi cautioning that cryptocurrency can spoil the youth.
It was decided to cut 75 per cent of salaries of the chief minister, ministers, MLAs, MLCs, chairmen of various corporations and local public representatives, an official release said. There will be a pay cut of 60 per cent in AIS officers such as IAS, IPS and IFS while it will be 50 per cent in state government employees.
It is imperative that young aspirants consider career options that will guarantee job security -- roles that are centred around technology.
Your high expectations and attachment to certain property can make you buy property which is not financially suitable.
What technologies do you fancy in your new car? Here are some popular cars in India with the most sought after technologies.
A total of 35 persons have been arrested by the CGST authorities.
US tech giant IBM is betting big on the India growth story and plans to open more software development centres in the country as it looks to partner with the government in its digitisation journey, its chairman and CEO Arvind Krishna said on Friday. On a visit to India, Krishna met Finance Minister Nirmala Sitharaman, Telecom Minister Ashwini Vaishnaw and Minister of State for IT Rajeev Chandrasekhar to discuss deeper collaboration including skilling and workforce development. The firm that originally designed the technology and system behind ATMs, barcodes and the US social security net, is greatly enthused with the speed at which the Indian government is willing to make decisions and where it is moving, he told a select media briefing.
Tech-driven skills will be in demand in the post pandemic era, alerts Sonya Hooja, COO and co-founder, Imarticus Learning.
Be brave to fail, learn, and lead, advises Abhilash R, founder and CEO, Bloombloom Dreambiz (P) Ltd and B-HUB Lifespaces.
Did you know that ethical hackers earn anything between Rs 800 to Rs 1,000 per hour?
The minister said it was important to have a flag carrier.
'It has taken us 15 years to get to where we are. It obviously doesn't happen overnight.'
This year's share of dream and super-dream job offers has spiked. As a result, the overall annual average salary packages have nearly doubled at some of these college campuses.
