News for 'automation'

Chandrayaan lander finds plasma sparse on Moon, records event

Chandrayaan lander finds plasma sparse on Moon, records event

Rediff.com31 Aug 2023

The initial assessment of the first-ever measurements of the near-surface lunar plasma environment over the south pole region by RAMBHA-LP payload onboard Chandrayaan-3 lander indicates that plasma there is relatively sparse, ISRO said on Thursday.

Weeks after Odisha tragedy, railways transfers 5 top officers

Weeks after Odisha tragedy, railways transfers 5 top officers

Rediff.com23 Jun 2023

Railways shunted out 5 top officials who are responsible for operations, signalling and safety.

The Battle For Satellite Spectrum

The Battle For Satellite Spectrum

Rediff.com27 Dec 2023

While the market for satellite broadband currently is small, the potential is large as an estimated 30 per cent of the country does not have reliable terrestrial broadband services.

'AI is going to be used as a weapon by the bad guys'

'AI is going to be used as a weapon by the bad guys'

Rediff.com17 Oct 2022

'This is a race where every technology can be used by the bad guys and good guys.'

Wipro bets on Capco, Cloud, artificial intelligence to power BFSI revenue

Wipro bets on Capco, Cloud, artificial intelligence to power BFSI revenue

Rediff.com4 Sep 2023

Wipro is betting on artificial intelligence (AI) and Cloud computing to earn more from its biggest contributor - the banking, financial services & insurance (BFSI) sector - which brought in 35 per cent of the revenue in FY23. The Bengaluru-headquartered firm also expects its consultancy arm Capco to aid in its vision. "Over the past few years, we have made significant investments in the BFSI sector and have improved our talent, capabilities, and processes in this space - both through organic investments and with the addition of Capco," Suzanne Dann, Wipro's chief executive officer for Americas 2 said.

Technology stocks are back on fund managers' radar

Technology stocks are back on fund managers' radar

Rediff.com18 Sep 2023

Mutual funds (MFs) have lined up information technology (IT) funds, indicating that technology stocks are back on fund managers' radar after a hiatus. Over the past 18 months, stock prices for companies in the software space have either corrected or remained subdued. Fund houses have launched five IT-based sectoral funds in the past three months, with three of them taking the passive route.

'We can't leave such complex and innumerable operations to humans'

'We can't leave such complex and innumerable operations to humans'

Rediff.com8 Jun 2023

'When I talk to my colleagues in the Railways, they say 'aadmi toh bohot hai, lekin matlab ka aadmi ek bhi nahi hai (the Railways has a bloated workforce, but doesn't have employees with have the skillsets that matter)'.'

Militants have free run of Imphal valley instigating mobs, say security forces

Militants have free run of Imphal valley instigating mobs, say security forces

Rediff.com28 Sep 2023

The security agencies have been warning that militants belonging to United National Liberation Front, People's Liberation Army and other banned groups had become part of the mobs and carrying out sneak attacks on security forces as well as giving directions to the agitators.

Russia's lunar mission fails; Chandrayaan-3 only spacecraft in race for Moon

Russia's lunar mission fails; Chandrayaan-3 only spacecraft in race for Moon

Rediff.com20 Aug 2023

Russia's state space corporation, Roskosmos, according to the Reuters report, said it had lost contact with the spacecraft shortly after a problem occurred as it was shunted into pre-landing orbit on Saturday.

Market Giving Sleepless Nights? Read This

Market Giving Sleepless Nights? Read This

Rediff.com30 Nov 2023

If a 5% to 10% fall in the equity market gives you sleepless nights, you are not cut out for a 75% to 80% allocation to equities and must reduce it.

Google deleted 94,173 articles in December in India

Google deleted 94,173 articles in December in India

Rediff.com31 Jan 2022

Google received 31,497 complaints from users and removed 94,173 pieces of content based on those complaints in December, the tech giant said in its monthly transparency report.

Despite high valuations, analysts put a 'buy' on Siemens

Despite high valuations, analysts put a 'buy' on Siemens

Rediff.com6 Mar 2023

Things are looking up for engineering firms and Siemens is likely to be one of the leading beneficiaries. Apart from the generic revival in activity, which is expected to continue through the 2023-24 financial year (FY24), the Budget has a strong infrastructure thrust, which works in Siemens' favour. The company reported a standalone Ebitda (earnings before interest, tax, depreciation and amortisation) of Rs 550 crore (up 66 per cent year-on-year or YoY) in Q1FY23 (Siemens follows the October-September accounting year).

Infosys Q2 net profit rises 3.1% to Rs 6,215 crore

Infosys Q2 net profit rises 3.1% to Rs 6,215 crore

Rediff.com12 Oct 2023

India's second largest IT services company Infosys on Thursday reported a 3.1 per cent year-on-year rise in net profit to Rs 6,215 crore for the September 2023 quarter. The earnings (before minority interest) of the Bengaluru-based company stood at Rs 6,026 crore in the year-ago period. The company - which competes in the IT services market with TCS, Wipro, HCL Technologies and others - saw its revenue rising 6.7 per cent to Rs 38,994 crore for the just-ended September quarter.

Internet ban extended till June 15 in Manipur; 990 looted arms recovered

Internet ban extended till June 15 in Manipur; 990 looted arms recovered

Rediff.com11 Jun 2023

According to the statement, the internet ban has been extended till 3 pm on June 15.

To push green mobility, 10K e-buses to be deployed in 169 cities

To push green mobility, 10K e-buses to be deployed in 169 cities

Rediff.com16 Aug 2023

Seeking to enhance green mobility, the Union Cabinet on Wednesday approved the 'PM-eBus Sewa' scheme under which 10,000 electric buses will be provided to 169 cities under the public-private partnership (PPP) model.

Removed 61,114 content pieces in Nov in India: Google

Removed 61,114 content pieces in Nov in India: Google

Rediff.com31 Dec 2021

Google received 26,087 complaints from users and removed 61,114 pieces of content based on those complaints in November, the tech giant said in its monthly transparency report.

Five railway employees under scanner for Balasore triple train crash

Five railway employees under scanner for Balasore triple train crash

Rediff.com12 Jun 2023

Five railway employees, including the station master of Bahanaga Bazar, are being investigated in connection with the three-train accident in Odisha's Balasore district that claimed 288 lives, official sources said on Monday.

Infosys Q3 net profit rises 13.4% at Rs 6,586 crore

Infosys Q3 net profit rises 13.4% at Rs 6,586 crore

Rediff.com12 Jan 2023

Infosys on Thursday posted a 13.4 per cent year-on-year increase in consolidated net profit at Rs 6,586 crore for the December quarter and the IT major raised its full year revenue guidance to 16-16.5 per cent. The net profit (after minority interest) stood at Rs 5,809 crore in the third quarter of FY22. The Bengaluru-based IT firm logged a 20 per cent year-on-year increase in consolidated revenue in the third quarter of the current fiscal at Rs 38,318 crore.

Strong tremors jolt Delhi, north India after quake in Afghanistan

Strong tremors jolt Delhi, north India after quake in Afghanistan

Rediff.com21 Mar 2023

Panic-stricken people rushed out of buildings as the earthquake struck around 10.20 pm and was also felt in Jammu and Kashmir, Haryana, Punjab and Rajasthan.

Google removed 48,594 content pieces in Oct in India

Google removed 48,594 content pieces in Oct in India

Rediff.com1 Dec 2021

In addition to reports from users, Google also removed 3,84,509 pieces of content in October as a result of automated detection.

Army commanders deliberate challenges along borders with China, Pak

Army commanders deliberate challenges along borders with China, Pak

Rediff.com17 Apr 2023

The commanders present in Delhi gathered at the South Block in Raisina Hills area, while many others joined the deliberations virtually.

Nokia, Tech Mahindra ink pact for 5G-based solutions

Nokia, Tech Mahindra ink pact for 5G-based solutions

Rediff.com12 Jan 2022

Finnish telecom gear maker Nokia and Tech Mahindra have joined hands to deploy 5G-based solutions for business organisations, according to a joint statement by the two companies. Under the collaboration, Tech Mahindra will leverage Nokia's private wireless DAC (digital automation cloud) solution for customers across industries and facilitate in automating 5G private wireless network management on a cloud computing system and enabling them deploy internet of things like technology.

Nokia to scale up mfg in India by 1.5x to support its 5G service rollout

Nokia to scale up mfg in India by 1.5x to support its 5G service rollout

Rediff.com5 Oct 2022

Telecom gearmaker Nokia will boost its manufacturing capacity in India by 1.5x over the next few years to support the 5G services roll-out, said Tarun Chhabra, the company's country head of mobile networks business. Nokia is supplying network equipment to Bharti Airtel and Reliance Jio for their 5G networks from its plant in Chennai. Vodafone Idea is yet to finalise its contract as it awaits fresh funding.

How To Fix The Jobs Crunch

How To Fix The Jobs Crunch

Rediff.com14 Feb 2023

The only real solution to the jobs crisis, whether in India or abroad, is to direct tech innovation towards job enhancing sectors, and disincentivising job-replacing ones, observes R Jagannathan.

Businesses cannot be run on 'black box' model : Sebi chief on algo trading

Businesses cannot be run on 'black box' model : Sebi chief on algo trading

Rediff.com21 Sep 2022

Sebi chairperson Madhabi Puri Buch on Wednesday said any business on the 'black box' model that cannot be audited or validated will not be permitted. She also said since data is a public infrastructure, any attempt by any private party to own them cannot be tolerated. "We are not for or against algo trading as long as there is sufficient transparency and disclosures.

Macro uncertainties may keep IT hiring in slow lane this fiscal year

Macro uncertainties may keep IT hiring in slow lane this fiscal year

Rediff.com17 Jul 2023

India's information technology (IT) sector will witness subdued hiring in 2023-24 as macro uncertainties impact demand environment, with clients either taking a pause on spend or stopping discretionary spend, say human resource experts. To begin with, unlike earlier years, the three large IT players TCS, HCLTech, and Wipro have not provided any new hiring targets for the financial year. And Wipro has said that its hiring target will depend on the demand environment.

Army seeks quantum jump in capabilities, inks Rs 7,600-cr deal for equipments

Army seeks quantum jump in capabilities, inks Rs 7,600-cr deal for equipments

Rediff.com14 Aug 2023

Sources in the military establishment also said the present global scenario "necessitates a flexible and adaptive approach" to tackle defence and national security challenges.

TCS Evolving Tech For EVs, Self-Driving Cars

TCS Evolving Tech For EVs, Self-Driving Cars

Rediff.com17 Jan 2023

'While we have done a few thousand kilometres in India, most of the testing and data collection and analysis has been done in the US, Japan and Europe.'

'We need a remarkable turnaround'

'We need a remarkable turnaround'

Rediff.com31 Jul 2023

'We have not seen too many large deals compared to last quarter.'

All lighthouses to be automated

All lighthouses to be automated

Rediff.com31 Jan 2008

State-of-the-art equipment would be installed in all the 162 lighthouses in India in a phased manner for automatic location and identification of ships at sea.

Reliance to acquire US-based solar energy software maker for $32 mn

Reliance to acquire US-based solar energy software maker for $32 mn

Rediff.com6 Sep 2022

Reliance Industries on Tuesday said it will acquire a majority stake in California-based solar energy software developer SenseHawk for $32 million (around Rs 256 crore). The acquisition of a 79.4 per cent stake in SenseHawk is part of the conglomerate's aggressive push into renewable energy to decarbonise its oil and chemical-dominated business. SenseHawk, founded in 2018, develops tools for the solar industry to help companies streamline processes and use automation. It had a turnover of $2.3 million in last financial year.

Narayana Murthy's Catamaran aims to double AUM to $2 billion in 5 yrs

Narayana Murthy's Catamaran aims to double AUM to $2 billion in 5 yrs

Rediff.com31 Jul 2023

Catamaran, the family office of Infosys founder Narayana Murthy, is targeting 15 per cent returns on its portfolio investments per annum as it shifts focus from early-stage investments to growth and late-stage bets. This would double the firm's assets under management (AUM) from the current $1 billion to $2 billion over the next five years. "For direct investments, we are focusing on growth-stage investments and very selectively on early stage," Deepak Padaki, president, Catamaran, told Business Standard. "(This is) primarily because the early-stage space in India, in the last three-four years, has completely changed. "There has been a huge influx of capital in the last two years. It has become a very crowded space for early-stage investment," he said.

Bihar police to use artificial intelligence to bust hooch rackets

Bihar police to use artificial intelligence to bust hooch rackets

Rediff.com29 Apr 2022

The Bihar police will soon put to use Artificial intelligence technology to nab people involved in illegal liquor trade and other crimes, a senior police officer said on Friday.

Ola to deploy robots at its electric scooter factory

Ola to deploy robots at its electric scooter factory

Rediff.com12 Feb 2021

Ola's factory will create 10,000 jobs and serve as the company's global manufacturing hub for India and international markets.

New flights based on flyer-handling capacity at security checks: BCAS

New flights based on flyer-handling capacity at security checks: BCAS

Rediff.com30 May 2023

The addition of new flights at airports will now be based on passenger-handling capacity at security checkpoints, according to the Bureau of Civil Aviation Security (BCAS). The civil aviation security regulator issued directions in this regard on May 22 in a move to reduce congestion and delays inside airport terminals. Following this, airports will have to check passenger-handling capacity at security checkpoints before allotting slots.

How India Can Rival China As Production Platform

How India Can Rival China As Production Platform

Rediff.com28 Jul 2023

We have the workforce, now we need to ensure that we take full advantage of game-changing technologies and geopolitical openings, suggests Jayant Sinha, chairman, Parliament's Standing Committee on Finance.

Reinventing Capitalism For The Digital Age

Reinventing Capitalism For The Digital Age

Rediff.com16 Jun 2023

US Congressman Ro Khanna's message is that instead of depending on the 'hidden hand' of capitalism -- that is to say, the power of markets -- it is time for policymakers to play a more active role in making sure that a wide range of towns become locations for digital economy enterprises and jobs, points out Ajit Balakrishnan.

Boeing's Apache Fuselages Made By Tata

Boeing's Apache Fuselages Made By Tata

Rediff.com13 Feb 2023

Tata Boeing Aerospace has produced and supplied 190 Apache fuselages to Boeing's Apache final assembly plant in Mesa, Arizona.

Google removed 1.54 lakh content pieces in May-Jun in India

Google removed 1.54 lakh content pieces in May-Jun in India

Rediff.com30 Jul 2021

In June, Google received 36,265 complaints - the highest till now - from individual users located in India via designated mechanisms. It removed 83,613 pieces of content as a result of user complaints in the said month.