News for 'ai regulation'

5 Tech Trends To Watch Out For

5 Tech Trends To Watch Out For

Rediff.com5 Jan 2022

Humans will work far more collaboratively with artificial intelligence for rapid and complex decision-making.

How stranded Air India passengers are faring in remote Magadan

How stranded Air India passengers are faring in remote Magadan

Rediff.com7 Jun 2023

The flight, carrying 216 passengers and 16 crew, landed safely, the Tata Group-owned private carrier said in a statement Tuesday evening.

We have effected transformational changes, says NSE

We have effected transformational changes, says NSE

Rediff.com8 Mar 2022

The National Stock Exchange (NSE), which is once again in the eye of a storm due to the co-location scandal, has said it has taken several transformational steps in the past few years on the regulatory, technological, and surveillance fronts to help improve stakeholder experience and to protect investors. Senior officials of the exchange briefed the media over the steps the exchange has taken on various fronts following changes at the helm with former managing director and chief executive officer Chitra Ramkrishna's ouster in December 2016. "Over the last few years, we have been looking to modernise and transform the entire value chain of technology.

Emails show Air India top brass aware of 'peeing' incident

Emails show Air India top brass aware of 'peeing' incident

Rediff.com21 Jan 2023

According to e-mails accessed by ANI, the Air India cabin crew supervisor had reportedly sent out emails on November 27 at around 1 pm to the head of the Inflight Service Department (IFSD), base operations in India, Lead HR head of IFSD, and head of the northern region of IFSD and of complaints (customer care), informing them about the incident.

India's rising medical devices imports hurt small and medium units

India's rising medical devices imports hurt small and medium units

Rediff.com19 Jul 2022

India's medical devices imports surged 41 per cent to touch Rs 63,200 crore in 2021-22, led by a 48 per cent year-on-year (YoY) jump in imports from China to Rs 13,538 crore, the commerce ministry data analysed by the Association of Indian Medical Device Industry (AiMeD) has showed. Local industry players say this has led to several small and medium units to shut shop. Rakesh Vaid of Usha Fabs, a garments exporter, had started making N95 masks in his Gurgaon factory during the peak of the Covid-19 pandemic.

AI flight to Moscow returns midair as pilot found COVID-19 positive

AI flight to Moscow returns midair as pilot found COVID-19 positive

Rediff.com30 May 2020

"When the A320 plane, which did not have any passengers as it was heading to Moscow to bring back stranded Indians under Vande Bharat Mission, had reached Uzbekistan's airspace, our team on ground realised that one of the pilots had tested COVID-positive," senior Air India officials said.

FabIndia, Aether Ind, 5 others get Sebi's nod to float IPOs

FabIndia, Aether Ind, 5 others get Sebi's nod to float IPOs

Rediff.com2 May 2022

Seven companies, including lifestyle retail brand FabIndia and specialty chemical company Aether Industries, have received capital markets regulator Sebi's go-ahead to raise funds through initial share sales. Syrma SGS Technology, Asianet Satellite Communications, Sanathan Textiles, Capillary Technologies India and Harsha Engineers International too received the watchdog's nod to float Initial Public Offerings (IPOs). These companies, which filed their preliminary IPO papers with Sebi during December 2021 and February 2022, obtained observations during April 27-30, an update with the regulator showed on Monday.

AI junior pilots are 'stressed', forced to work overtime

AI junior pilots are 'stressed', forced to work overtime

Rediff.com2 Apr 2015

Some 30-odd co-pilots were being "forced to work overtime" without any remuneration.

Grounded Dreamliners take toll on AI budget

Grounded Dreamliners take toll on AI budget

Rediff.com25 Jan 2013

Grounding increases govt carrier's fuel cost by Rs 40 lakh daily, forces changes in schedules.

Govt okays mega 5G spectrum sale, enables 10 times faster speed than 4G

Govt okays mega 5G spectrum sale, enables 10 times faster speed than 4G

Rediff.com15 Jun 2022

The Union Cabinet has approved the modalities for holding 5G spectrum auctions, and 72097.85 MHz of radio waves will be put on the block by July-end, an official release said on Wednesday.

DGCA favours financial autonomy for AI Express

DGCA favours financial autonomy for AI Express

Rediff.com31 Jan 2012

The Directorate General of Civil Aviation (DGCA) has recommended giving financial autonomy to Air India Charters Ltd (AICL), the company which runs Air India Express, the low-cost brand of Air India operating in the international sector.

Why India's airlines are plagued by glitches

Why India's airlines are plagued by glitches

Rediff.com15 Aug 2022

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.

AI pilot arrested for forging his marksheet

AI pilot arrested for forging his marksheet

Rediff.com13 Mar 2011

An Air India pilot has been arrested in Delhi for allegedly using forged marksheets to procure a licence from the airline regulator. This is the second such incident in the past four days. Captain J K Verma was apprehended in Delhi on Saturday night after investigations into a complaint filed by the Directorate General of Civil Aviation which claimed that some of the pilots had forged marksheets to get their licence.

Skylark Drones raises $3 mn to fuel international expansion

Skylark Drones raises $3 mn to fuel international expansion

Rediff.com6 Jul 2021

Skylark Drones, a leading drone platform company that counts Tata Steel, Ultratech Cement, Softbank Energy among its customers has secured $3 million in a pre-series A funding round. It would use the funding to strengthen its product offerings and fuel international expansion.

'Data protection bill veered away from core issues'

'Data protection bill veered away from core issues'

Rediff.com16 Aug 2022

'There were two options before the government -- create a complex, cumbersome law, which will cause a tremendous amount of compliance challenges for startups or say let's go back and do a clean slate, where we do a framework of laws and policies'

Pak removes Lakhvi, many others from terrorist watch list: Report

Pak removes Lakhvi, many others from terrorist watch list: Report

Rediff.com21 Apr 2020

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.

Shipping Corp, BPCL among CPSEs to be privatised in FY23

Shipping Corp, BPCL among CPSEs to be privatised in FY23

Rediff.com3 Feb 2022

The 2022-23 Budget has projected a disinvestment target of Rs 65,000 crore for next financial year. This is significantly lower than the estimated Rs 1.75 lakh crore budgeted for 2021-22. In the revised estimates, the target for 2021-22 has been cut to Rs 78,000 crore.

Artificial Intelligence: 5 things every job-seeker should know

Artificial Intelligence: 5 things every job-seeker should know

Rediff.com26 Jun 2018

It won't take away your jobs. It won't destroy you.

Myths About Chinese Ship in Sri Lanka

Myths About Chinese Ship in Sri Lanka

Rediff.com24 Aug 2022

The Yuan Wang 5 can easily monitor the Indian coast while operating in international waters. She does not have to enter a port in Sri Lanka to fulfill this mission, points out Commodore Venugopal Menon (retd).

'Make in India for India and the world'

'Make in India for India and the world'

Rediff.com19 Mar 2021

'With nearly double the market share of our nearest competitor, we are shaping the digital transformation journey of close to 1,000 clients in India.'

Air India fails pilot licence rule

Air India fails pilot licence rule

Rediff.com28 Oct 2014

The airline company blames change in regulations after 100 of its cockpit crew found flying without valid simulator check.

5 dream jobs that will help you survive recession

5 dream jobs that will help you survive recession

Rediff.com26 Feb 2020

Artificial Intelligence will create 2.3 million machine learning jobs by 2020.

2021: A year of many firsts for the revenue dept

2021: A year of many firsts for the revenue dept

Rediff.com23 Dec 2021

A record GST tax collection, an overhaul of the income tax return filing portal and the landmark move to scrap retrospective taxation have set the stage for the next level of reforms in tax administration that include bringing a framework for cryptocurrencies and rationalising the GST rate structure. With tax reforms such as faceless assessment taking roots, 2021 will go down as the year that pivoted the tax administration in a country aspiring to become the world's favourite investment destination. The task ahead is going to be a tough one as the tax department would grapple with taxing cryptocurrencies, rationalising Goods and Services Tax (GST) rates to shore up revenues and post June 2022, the scenario of how the GST revenue plays out for states without the Centre's support of compensation.

2 AI pilots suspended for allowing actress inside cockpit

2 AI pilots suspended for allowing actress inside cockpit

Rediff.com18 Jul 2013

Two Air India pilots have been suspended after they allowed a south Indian actress to sit inside the cockpit mid-air on a Bangalore-Hyderabad flight in flagrant violation of safety norms.

Air travel becomes costly, AI to get Rs 2,500 cr

Air travel becomes costly, AI to get Rs 2,500 cr

Rediff.com28 Feb 2015

First and business class air travellers would find flying costlier.

The endless possibilities of Artificial Intelligence

The endless possibilities of Artificial Intelligence

Rediff.com3 Jul 2018

Nandini Gupta who interned at an IT firm explains how Artificial Intelligence can change our future.

COVID is a blessing for Edtech firms as they see massive jump in VC fund

COVID is a blessing for Edtech firms as they see massive jump in VC fund

Rediff.com7 Aug 2020

Venture Intelligence data shows that during January to July 2020, investors infused $998 million in 31 deals. The total number of deals reported in 2019 was 42 worth $404 million.

Biden reiterates US support for India's permanent seat in UNSC

Biden reiterates US support for India's permanent seat in UNSC

Rediff.com25 Sep 2021

Biden has reiterated America's support for India's permanent membership on a reformed UNSC and its entry into the NSG during his first in-person bilateral meeting with Modi at the White House.

Less-cash drive launched in DeMo gets boost in Budget

Less-cash drive launched in DeMo gets boost in Budget

Rediff.com7 Feb 2019

In an otherwise agriculture- and public health-focused Union Budget 2018-19, artificial intelligence, machine learning, blockchain technology, internet of things -- jargons that found little or no mention in the previous Budgets -- managed to make their presence felt.

Row over Sena MP's assault of AI staffer resonates in and out of Parliament

Row over Sena MP's assault of AI staffer resonates in and out of Parliament

Rediff.com27 Mar 2017

Shiv Sena MP Arvind Sawant said, "All airlines have come together banning him (Gaikwad), but it is our fundamental right (to travel by air)."

Indian cos wrestle with Europe's new data protection norms

Indian cos wrestle with Europe's new data protection norms

Rediff.com8 Mar 2018

Indian firms, which experts say stand to gain from the European Union's upcoming General Data Protection Regulation (GDPR), are struggling to understand the policies.

Kashmir situation: Airlines waive cancellation fees

Kashmir situation: Airlines waive cancellation fees

Rediff.com3 Aug 2019

The DGCA advised airlines to remain ready to operate additional flights from the Srinagar airport if the need arises.

E-commerce draft policy plugs gifting loophole for foreign sites

E-commerce draft policy plugs gifting loophole for foreign sites

Rediff.com5 Mar 2019

Among other things, taking note of complaints against several Chinese e-commerce players such as Shein, Ali Express etc for sending shipments as 'gifts' to customers in India and avoiding duties, the government has now mandated that all e-commerce sites and apps must have a registered business entity. This will be the importer on record and subject to customs rules, report Subhayan Chakraborty, Neha Alawadhi and Karan Choudhury.

'Facebook enhancing security features ahead of polls in India, Brazil'

'Facebook enhancing security features ahead of polls in India, Brazil'

Rediff.com22 Mar 2018

Zuckerberg, in an interview with The New York Times, referred to the artificial intelligence tools deployed by Facebook to detect fake accounts trying to manipulate news and influence the elections.

India's Quest For A Role In The Future Of Semiconductors

India's Quest For A Role In The Future Of Semiconductors

Rediff.com28 Dec 2021

'Whoever owns the best chip industry will be the Saudi Arabia of the era of data,' predicts Rajeev Srinivasan.

Despite cap on pricing import of medical devices rises

Despite cap on pricing import of medical devices rises

Rediff.com24 Jun 2019

The growth in imports was led by product categories such as diagnostic items, ultra-sonogram machines, MRI and ECG apparatus, syringes with needles, suture needles, digital thermometers, malaria diagnostic kits, and hearing aids.

Where the new jobs in banking are

Where the new jobs in banking are

Rediff.com10 Jul 2019

Digitisation is changing the banking business. This shift has resulted in a change in banking job profiles.

Mumbai rains: 203 flights cancelled, main runway shut

Mumbai rains: 203 flights cancelled, main runway shut

Rediff.com2 Jul 2019

Besides, another 350-odd flights -- both arriving and departing -- were delayed between 28-51 minutes (till 7 pm), as per the live flight tracking website Flightradar24.

Why govt employees hate the National Pension System

Why govt employees hate the National Pension System

Rediff.com24 Nov 2015

NPS still has critics despite being in business for a decade and mopping Rs 24,000 crore as of 2013-14.

Work at a BPO? Read this please

Work at a BPO? Read this please

Rediff.com16 Jan 2018

'We are training people to learn AI, machine learning, robotics; it is just new programmes that teach them new things and the raw material, the people, are eager to learn.'