News for 'ai models'

'Our AUM Will be 3x by 2030'

'Our AUM Will be 3x by 2030'

Rediff.com31 Aug 2024

'I am very happy to see that the work is starting to bear some fruit now.'

Air India's rise could impact 3 Gulf hubs: Saudia

Air India's rise could impact 3 Gulf hubs: Saudia

Rediff.com7 Jun 2024

Air India (AI)'s rise could be at the expense of three "super-connector" hubs - Doha in Qatar, and Dubai and Abu Dhabi in the UAE - as the Indian passenger would any day prefer direct flights of their national airline that is providing excellent on-time service, Arved von zur Muehlen, chief commercial officer of Saudia Airlines, said on Thursday.

'Ravan Bhakt', 'Ghoshna Mantri': Slangs heat up Delhi poll

'Ravan Bhakt', 'Ghoshna Mantri': Slangs heat up Delhi poll

Rediff.com25 Jan 2025

The upcoming Delhi Assembly elections have turned into a fierce battleground of slogans, one-liners, and AI-generated memes between the three main contenders: AAP, BJP, and Congress. From the AAP branding the BJP as the "Bharatiya Jhootha Party" (Indian Liar Party) to Prime Minister Narendra Modi calling the AAP "AAP-Daa" (disaster), the war of words has taken center stage. With the poll results set to be announced on February 8, the elections are being viewed as a referendum on the AAP's governance model, which emphasizes free welfare schemes. The ruling party faces stiff competition from a resurgent BJP that is seeking to return to power in the capital after a gap of more than 25 years. The Congress, although a long shot, hopes to regain its lost ground.

'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.'

Govt tweaks election rule; why is ECI afraid, asks Cong

Govt tweaks election rule; why is ECI afraid, asks Cong

Rediff.com21 Dec 2024

Based on the recommendation of the Election Commission (EC), the Union law ministry on Friday amended Rule 93(2)(a) of the Conduct of Election Rules, 1961, to restrict the type of "papers" or documents open to public inspection.

Marriott to set up GCC in Hyderabad, 1st in hospitality

Marriott to set up GCC in Hyderabad, 1st in hospitality

Rediff.com4 Oct 2024

Marriott International will set up a global capability center (GCC) in Hyderabad, which will be its first such offshore unit in India and will help support Marriott's various operations across its global enterprise in 141 countries and territories. Marriott Tech Accelerator is also -- in all likelihood -- the first ever GCC from a hospitality major being set-up in India. While the company did not give details of the size of the center, senior state government officials said that the company will hire 300 people by the first quarter of the calendar year 2025.

MTech Grads, How You Can Get Govt Jobs

MTech Grads, How You Can Get Govt Jobs

Rediff.com6 Jan 2025

rediffGURU Aasif Ahmed Khan counsels students on the best career options in tech and engineering.

Radhika Gupta: Inspire And Lead, Don't...

Radhika Gupta: Inspire And Lead, Don't...

Rediff.com11 Jan 2025

When you create a culture where people find purpose in what they do, they will go above and beyond for you, even in difficult personal circumstances, says Radhika Gupta, MD and CEO, Edelweiss MF

Infosys Q2 net profit rises 4.7%; lifts FY25 revenue guidance

Infosys Q2 net profit rises 4.7%; lifts FY25 revenue guidance

Rediff.com17 Oct 2024

Infosys Ltd on Thursday reported a 4.7 per cent rise in the September quarter net profit and raised revenue guidance after broadbased growth. Net profit of Rs 6,506 crore in July-September was up 4.7 per cent when compared to Rs 6,212 crore earnings in the same period last year. It was 2.2 per cent higher quarter-on-year, according to a company statement.

How Watching Movies Is Going To Change

How Watching Movies Is Going To Change

Rediff.com20 Dec 2024

FLEXI Show will give the audience the freedom to leave the movie hall at any point while paying only for the time they watched it.

Money laundering a big threat to online gaming and digital economy: Report

Money laundering a big threat to online gaming and digital economy: Report

Rediff.com24 Oct 2024

The fast-growing Indian online gaming sector is facing a significant threat from money laundering, necessitating urgent steps to ensure its sustained success and protect the country's robust digital economy, a report said on Thursday. The essential measures outlined in a report by the Digital India Foundation include forming a dedicated task force for illegal operators, creating a whitelist of legal operators, combating misleading advertisements, and incorporating principles of financial integrity and international cooperation.

Maha Kumbh set for auspicious start on 'Paush Purnima' on Monday

Maha Kumbh set for auspicious start on 'Paush Purnima' on Monday

Rediff.com12 Jan 2025

The 45-day Maha Kumbh 2025, billed as the world's largest gathering of humans, began on Monday with the first major bathing ritual or 'Shahi Snan' at the Sangam, the confluence of the Ganga, Yamuna, and Saraswati rivers in Prayagraj, India. This edition of the Kumbh is being held after 12 years, with the Uttar Pradesh government expecting over 35 crore devotees to visit. The event is being touted as a 'Digi-Kumbh' with Artificial Intelligence (AI) being used for various aspects, including security and cleanliness. The Maha Kumbh will be held from January 13 to February 26, and is expected to transform the area into the world's largest temporary city. Thirteen Akharas of seers from different sects are participating in the event, attracting attention from those seeking to learn about Indian spiritual beliefs.

Market outlook 2025: Brokerages on opportunities, risks, investible themes

Market outlook 2025: Brokerages on opportunities, risks, investible themes

Rediff.com17 Dec 2024

From the outcome of the general elections and then Union Budget to tepid corporate earnings in the September 2024 quarter (Q2-FY25), sticky inflation and Reserve Bank of India's stance on interest rates, extreme weather conditions, Indian stock markets have braved it all in calendar year 2024.

Why Is India Not In The Innovation Race?

Why Is India Not In The Innovation Race?

Rediff.com16 Jan 2025

India has its share of both large tech companies and large national laboratories, but why is it that these don't seem to be at the forefront of any innovation news headlines? asks Ajit Balakrishnan.

Modi calls for global framework for ethical use of AI, flags bias

Modi calls for global framework for ethical use of AI, flags bias

Rediff.com27 Aug 2023

Modi called business communities and governments to work together to ensure usage of ethical AI as "we have to sense the potential disruptions in different sectors. This problem has to be solved under the global framework."

An interface to detect COVID-19 from CT scans, X-Rays

An interface to detect COVID-19 from CT scans, X-Rays

Rediff.com8 May 2020

AI tech that study CT scans and X-Rays are being deployed as part of global efforts to tackle the coronavirus pandemic, according to LPU researchers. The system may enable doctors and medical staff even in remotest villages of the country to get quick results on the COVID-19 status of a patient.

India may pip US as largest GitHub base soon: Nadella

India may pip US as largest GitHub base soon: Nadella

Rediff.com9 Feb 2024

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.

Mission Mausam: Know everything about Rs 2000 crore project

Mission Mausam: Know everything about Rs 2000 crore project

Rediff.com13 Sep 2024

As weather patterns grow more unpredictable due to climate crisis, India is taking a giant leap with "Mission Mausam" to improve weather understanding and forecasting through expanded observation networks, better modeling and advanced tools like AI and machine learning.

How music label Snafu uses AI to decode if a song will be a hit

How music label Snafu uses AI to decode if a song will be a hit

Rediff.com24 Nov 2021

With a team of 20-odd people, Snafu tries to unearth the rough diamonds from millions of songs. Can AI help look for a needle in a haystack? Ritwik Sharma finds out.

M&A deals rise 13.5% in '24 so far

M&A deals rise 13.5% in '24 so far

Rediff.com16 Dec 2024

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.

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.

Will India's FMCG sector see consumption revival in 2025?

Will India's FMCG sector see consumption revival in 2025?

Rediff.com23 Dec 2024

The FMCG industry hopes for a revival in consumption growth in 2025 with some 'green shoots' already visible, after having a challenging year amid escalating input costs and a double-digit rise in food inflation, which ultimately slowed down the pace of the urban market growth in the second half of 2024. Soaring prices of commodities such as palm oil, coffee, cocoa and wheat forced FMCG players to go for a hike of 3 to 5 per cent or resort to shrinkflation by reducing pack sizes and grammage to retain attractive price points, fearing a volume loss.

Jihadists Are A Major Threat To Israel'

Jihadists Are A Major Threat To Israel'

Rediff.com16 Dec 2024

'Israel would make Iran and its proxies pay. They, along with Qatar, fund terror all over the world.'

Nibe shoots for the stars with satellite constellation

Nibe shoots for the stars with satellite constellation

Rediff.com19 Sep 2024

Nibe Space (NSPL), a subsidiary of Nibe, announced its vision to establish India's first multi-sensor, all-weather, high-revisit Earth observation satellite constellation. Aiming to strengthen India's self-reliance in the strategically crucial defence-space sector, NSPL signed memoranda of agreement with Indian and global partners, including Larsen & Toubro, Centum, AgniKul, Skyroot Aerospace, SpaceFields, SISIR Radar, CYRAN AI Solutions, and Thales Alenia Space as a technology partner.

Sitharaman walks the tech talk with AI, data governance, digilocker in Budget

Sitharaman walks the tech talk with AI, data governance, digilocker in Budget

Rediff.com1 Feb 2023

The Union Budget on Wednesday outlined several initiatives to drive India's technology agenda and boost digital infrastructure, including new centres of excellence for artificial intelligence, National Data Governance Policy, and Entity DigiLocker.

3 Style Mistakes To Avoid This Summer

3 Style Mistakes To Avoid This Summer

Rediff.com23 Apr 2024

Let designer Shruti Sancheti guide on how to beat the heat.

Why Prompt Engineers Are In Demand

Why Prompt Engineers Are In Demand

Rediff.com15 May 2023

The job of a prompt engineer does not necessarily require candidates to be trained in "hardcore" computer engineering skills. 'This is one of those rare jobs that opens the sector to the layman.'

Air India sacks over 180 non-flying staff

Air India sacks over 180 non-flying staff

Rediff.com15 Mar 2024

Air India has laid off more than 180 non-flying staff in recent weeks, sources said while the airline maintained that the affected people were not able to utilise the voluntary retirement schemes and reskilling opportunities. The loss-making Air India was taken over by the Tata Group in January 2022 and since then, efforts are being made to streamline the business model. An Air India spokesperson on Friday said that as part of the fitment process, employees in non-flying functions have been assigned roles based on organisational needs and individual merit.

What is made in India AI?

What is made in India AI?

Rediff.com25 Nov 2019

'Perhaps a better question to ask would be: Is this 'Made for India'?' asks AI expert Ganesh Mani.

AI-Indian merger: New biz model mooted

AI-Indian merger: New biz model mooted

Rediff.com30 Oct 2006

As the process to merge Air India and Indian gathers momentum, a business model that is understood to have found acceptance among officials has recommended creation of the post of a group CMD for the merged entity.

'Banks must be prepared for providing UPI credit'

'Banks must be prepared for providing UPI credit'

Rediff.com19 Jul 2024

'A credit line on UPI is going to make banks think about credit fundamentally as they digitise the credit process entirely.'

Legal framework against deepfakes after polls, says IT minister

Legal framework against deepfakes after polls, says IT minister

Rediff.com8 Mar 2024

The government asked digital platforms to provide technical and business process solutions to prevent and weed out misinformation that can potentially harm society and democracy, Union Minister Ashwini Vaishnaw has said.

'Entrepreneurship is a marathon'

'Entrepreneurship is a marathon'

Rediff.com25 Jan 2024

'There are multiple ups and downs.' 'You should be able to withstand all that.' 'You need to have the temperament to run a marathon.'

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.

How Edtech Will Benefit Students in 2024

How Edtech Will Benefit Students in 2024

Rediff.com15 Jan 2024

Learning will become genuinely global as a result of immersive experiences. Edtech advances will increase engagement, enhance knowledge and dissolve geographical barriers, says Anant Bengani, director, Zell Education.

No hiring freeze at TCS, but WFH may end

No hiring freeze at TCS, but WFH may end

Rediff.com20 Feb 2024

Tata Consultancy Services (TCS) on Tuesday ruled out cutting down on hiring, saying it has no plans of doing so but it may have to pace hiring according to the evolving demand scenario. TCS is the largest Indian software exporter in terms of headcount, revenue and profit. The statement comes amidst a report that the software industry is going soft on hiring as demand falters from their key markets and some of them are even going back on their campus offers.

Digital India Act won't be in place before 2024 election

Digital India Act won't be in place before 2024 election

Rediff.com6 Dec 2023

The government may not be able to put in place the Digital India Act, which aims to replace over 23 years old IT Act 2000, before the next general election, as there is not much time left for extensive consultation, Minister of State for Electronics and IT Rajeev Chandrasekhar said on Wednesday. While speaking at the Global Technology Summit 2023, the minister, however, said the rules for the Digital Personal Data Protection Act will be out later this month for consultation and are expected to be notified by the end of December or early January. Chandrasekhar said the existing IT Act doesn't even have the word internet, and there is a consensus that it can be safely superseded and replaced.

Google to launch ChatGPT competitor 'Bard': Sundar Pichai

Google to launch ChatGPT competitor 'Bard': Sundar Pichai

Rediff.com8 Feb 2023

Google CEO Sundar Pichai has announced that the tech giant will soon launch an Artificial Intelligence (AI) powered chatbot called 'Bard', aimed at countering the popularity of the ChatGPT tool backed by Microsoft. According to a blog post by Pichai, the conversational AI service will be assessed by a group of "trusted testers" before being rolled out to the public in the coming weeks. "Bard can be an outlet for creativity, and a launchpad for curiosity," Pichai, the Indian-origin CEO of Google and parent company Alphabet, said on Monday, adding that Google's chatbot will be able to explain complex subjects like new discoveries from NASA's James Webb Space Telescope to a nine-year-old.

Is The Worst Over For IT Industry?

Is The Worst Over For IT Industry?

Rediff.com25 Jan 2024

Certain changes in the past two or three years could have a long-term structural impact on the IT services market.

Data, AI can add $450-500 bn to India's GDP by 2025: Nasscom

Data, AI can add $450-500 bn to India's GDP by 2025: Nasscom

Rediff.com18 Aug 2020

Nearly 45 per cent of this value is likely to be delivered by 3 sectors - consumer goods and retail, agriculture and banking and insurance, the Nasscom report said.