News for 'automation'

Sebi's proposal can restrict growth of algo trading: Brokers

Sebi's proposal can restrict growth of algo trading: Brokers

Rediff.com13 Dec 2021

Markets regulator Sebi's proposal of treating all orders emanating from application programming interface (API) as algorithmic or algo order can restrict the growth of such trading in India, brokerage houses said on Monday. In market parlance, algo trading refers to any order that is generated using automated execution logic. The algo trading system automatically monitors the live stock prices and initiates an order when the given criteria are met.

Hiring demand up 9% YoY in Oct: Monster

Hiring demand up 9% YoY in Oct: Monster

Rediff.com10 Nov 2021

Hiring demand for the month of October 2021, witnessed a dip of 3 per cent, as compared to September 2021. However, job demand grew 9 per cent sequentially in the past six months showing an optimistic outlook to recovery, said the Monster Employment Index. There has also been a strong year-on-year recovery with a 9 per cent uptick in October 2021 (Oct 2021 vs Oct 2020).

FIFA WC: Croatia hold steady to send Belgium packing

FIFA WC: Croatia hold steady to send Belgium packing

Rediff.com1 Dec 2022

There was however still some drama. Croatia were awarded a penalty in the 16th minute when Andrej Kramaric's toe was clipped by Yannick Carrasco and referee Anthony Taylor pointed to the spot.

'We talk about India in every board meeting'

'We talk about India in every board meeting'

Rediff.com23 May 2023

'India has a lot of potential, not just in commercial aspects, but also in hiring of people and sourcing of products.'

IT sector may be ripe for cherry picking

IT sector may be ripe for cherry picking

Rediff.com13 Dec 2022

The information technology (IT) services industry could see value investors taking selective punts in the near future. While growth remains visible, managements across the board have been cautious or measured in their guidance and have also complained about a combination of margin pressures and high churn. The two factors are related in that employee compensation is a large component of IT costs and high churn has forced firms to hike compensation packages and also invest more in hiring, training, and retention.

AI not a threat but an opportunity to boost quality of legal practice: SC judge

AI not a threat but an opportunity to boost quality of legal practice: SC judge

Rediff.com12 Feb 2023

Justice Kohli said the advent of artificial intelligence has caused some concerns amongst the legal fraternity.

Persistency ratio must improve for life insurance customers: India Inc

Persistency ratio must improve for life insurance customers: India Inc

Rediff.com23 Dec 2022

In order for life insurance customers to attain maximum benefits, it is crucial for the persistency ratio to be far higher than its current level, top executives of the industry said at the Business Standard BFSI Insight Summit on Thursday. The persistency ratio is a metric that measures the number of policyholders who continue paying renewal premium and is gauged at varying stages in the life of a policy. A higher persistency ratio is seen as an indicator of an insurance product that caters satisfactorily to the needs of a customer.

TCS set to win $2-billion deal from BSNL for 4G and 5G roll-out

TCS set to win $2-billion deal from BSNL for 4G and 5G roll-out

Rediff.com4 Oct 2022

Tata Consultancy Services (TCS) is set to secure a $2 billion deal from Bharat Sanchar Nigam (BSNL) to roll out its 4G and 5G services across the country. However, the final approvals from the publicly-owned telco may take a couple of months, sources in the know said. As part of the deal, TCS will develop 4G core and Radio Access Network (RAN) technology for BSNL's telecom services.

Why Do Banks Hide Losses?

Why Do Banks Hide Losses?

Rediff.com21 Mar 2023

Believe it or not, the regulator is even stretching its arm to identify stressed borrowers and gauge the 'distance to default' as a measure of a particular bank's fragility, reveals Tamal Bandyopadhyay.

Negligence Of Cybersecurity May Spoil The Party

Negligence Of Cybersecurity May Spoil The Party

Rediff.com28 Feb 2023

'As long as businesses do not consider cyber recovery an integral part of their enterprise IT, they remain greatly vulnerable.'

Suman Chakraborty Is Revolutionising Rural Healthcare

Suman Chakraborty Is Revolutionising Rural Healthcare

Rediff.com24 Jan 2023

'If you can simplify the technology, you don't need a doctor or a highly qualified technician to work on the technology; even an Asha health worker or a similar front line health worker can use it with minimal training.'

Vikram Kirloskar: The man who brought Toyota to India

Vikram Kirloskar: The man who brought Toyota to India

Rediff.com1 Dec 2022

With much sadness, so many of us woke up to the news that Vikram Kirloskar, vice-chairperson of Toyota Kirloskar Motor, had passed away late Tuesday. As I reminisce on the nearly 40 years I have known him, I can unequivocally say that he had such a rare and deep understanding and passion for automotive manufacturing that it would make Toyota, which pioneered the Toyota Way, proud. Many of us know Vikram as the man who brought the iconic Japanese carmaker Toyota to India. But few know the back story and hard work that went into creating a system of manufacturing that was everything Toyota could have hoped for and then some more because it was perfectly calibrated for manufacturing in India.

The Future Of Work

The Future Of Work

Rediff.com5 Oct 2021

Workers of tomorrow will have to figure out how to help themselves transition to different career pathways, predicts Sandeep Goyal.

20% Twitter accounts fake, deal 'cannot move forward' until there's clarity: Musk

20% Twitter accounts fake, deal 'cannot move forward' until there's clarity: Musk

Rediff.com17 May 2022

Tesla CEO Elon Musk on Tuesday said that he will proceed with his USD 44 billion take over of Twitter only if the microblogging giant is able to prove that less than 5 per cent of its users are bots. "20% fake/spam accounts, while 4 times what Twitter claims, could be *much* higher. My offer was based on Twitter's SEC filings being accurate. "Yesterday, Twitter's CEO publicly refused to show proof. This deal cannot move forward until he does," Musk tweeted.

Why BJP's Dominance Will Continue

Why BJP's Dominance Will Continue

Rediff.com24 Jan 2023

There is no sign of it losing popularity with a significant section of the voting population, which appears to be attracted to the party for identity reasons, observes Aakar Patel.

600 govt social media accounts were hacked in 5 years, LS told

600 govt social media accounts were hacked in 5 years, LS told

Rediff.com5 Apr 2022

Over 600 social media accounts of the central government were hacked in the last five years, Information and Broadcasting Minister Anurag Thakur told the Lok Sabha on Tuesday.

WhatsApp banned 2mn Indian accounts during May 15-Jun 15

WhatsApp banned 2mn Indian accounts during May 15-Jun 15

Rediff.com15 Jul 2021

The new IT rules require large digital platforms -- with over five million users -- to publish compliance reports every month, mentioning the details of complaints received and action taken.

The A-W Of Desi Guests At the White House Dinner

The A-W Of Desi Guests At the White House Dinner

Rediff.com24 Jun 2023

The dinner Jill Biden and her husband US President Joe Biden hosted for Indian prime minister Narendra Modi, June 22, at the White House brought together, Indians and Americans from so many firmaments.

Tech startups raise $6 bn in April-June, fintech leads the pack

Tech startups raise $6 bn in April-June, fintech leads the pack

Rediff.com16 Jul 2022

Two sectors, fintech and media & entertainment, attracted 45 per cent of total funding by value, led by large ticket deals such as CRED and Dailyhunt.

REVEALED: Why Facebook pulled down farmers' protest page

REVEALED: Why Facebook pulled down farmers' protest page

Rediff.com22 Dec 2020

The spokesperson added that the review showed that only the Facebook page was affected by the automated systems while the Instagram account remained unaffected.

Will 5G turn the tables for India's telecom companies?

Will 5G turn the tables for India's telecom companies?

Rediff.com30 Mar 2022

Consumers can expect a 5G launch in the country soon. Telecom companies (telcos) say if auctions take place on time - the target is July - they would be able to offer some services in a few cities by the end of this year and a full roll-out from 2023. But the question is: will 5G turn the tables for telcos financially? Will average revenue per user (ARPU) improve? Will mobile consumers upgrade to 5G quickly and pay more? Will the expanded functions that 5G enables drum up sufficient revenues? In simple terms, will telcos make more money?

How Banks will Pester Customers to Pay

How Banks will Pester Customers to Pay

Rediff.com23 Apr 2021

Although such alerts are not compulsory for the banks, this may become the norm now if payments are missed even for a day.

5 ways India can solve unemployability in 2020

5 ways India can solve unemployability in 2020

Rediff.com2 Jan 2020

Poor quality of education is one of the most important reasons for high unemployment in India, says Kavita Nigam.

Facebook 'actioned' 21.6 mn content pieces from India in March

Facebook 'actioned' 21.6 mn content pieces from India in March

Rediff.com4 May 2022

Meta-owned Facebook 'actioned' about 21.6 million content pieces across 13 violation categories in India during March, according to a monthly report by the social media giant.

'India's young offer growth potential for auto sector'

'India's young offer growth potential for auto sector'

Rediff.com20 Jan 2023

'The semiconductor supply is constantly improving, with visible green-shoots in the situation as compared to earlier part of last year'

'Unlike Twitter, Koo won't charge money for verification'

'Unlike Twitter, Koo won't charge money for verification'

Rediff.com10 Nov 2022

Koo -- the made-in-India rival of Twitter -- will not charge users for a verification badge, its co-founder and CEO Aprameya Radhakrishna said as he took on the larger rival for allegedly first creating bots and now charging users for verification. Koo, which allows users to express views in Indian languages, has already crossed 50 million downloads and is now flying into the rival's nest, starting a campaign on Twitter by making itself prominently visible on verified handles and offering them better deals on its platform at no cost. Since taking over Twitter, billionaire Elon Musk has set in motion massive changes, sacking employees and talking of levying a $8 charge for 'verified' handles.

Modi to unveil new Indian Navy ensign, put an end to colonial past

Modi to unveil new Indian Navy ensign, put an end to colonial past

Rediff.com30 Aug 2022

The Prime Minister will commission INS Vikrant at Cochin Shipyard Limited in Kochi and during the event, he will also "unveil the new naval ensign (Nishaan), doing away with the colonial past," the PMO said in a statement.

'The potential in India is enormous'

'The potential in India is enormous'

Rediff.com30 Jul 2021

'India is still a small market but whatever we do, we do it with full focus.'

Covid impact shows that work can be done remotely: Rishad Premji

Covid impact shows that work can be done remotely: Rishad Premji

Rediff.com3 Nov 2022

Indian technology industry has a "big opportunity" despite global macroeconomic challenges, said Rishad Premji, chairman of IT services firm Wipro, on Wednesday as he spoke about how Covid-19 had changed work. "My confidence is driven by two things: the rapid pace of digitisation across the world, and the shift in the mindset of stakeholders who engage with us as an industry," said Premji in Bengaluru while addressing industry leaders and civil servants at the Invest Karnataka 2022, the state's Global Investors Meet (GIM). Businesses are using technology for customers and employees: a trend marked by the shift to cloud computing and leverage of data.

10 Golden Rules for Office Communication

10 Golden Rules for Office Communication

Rediff.com13 Jul 2022

Avoid addressing your client, senior or employer with 'Hey'. It is considered inappropriate and disrespectful.

Despite Modi's digital drive, cash is still the king

Despite Modi's digital drive, cash is still the king

Rediff.com27 May 2021

The Reserve Bank of India on Thursday said banknotes in circulation witnessed higher than average increase during 2020-21, on account of precautionary holding of cash by people due to the COVID-19 pandemic, and its prolonged continuance. The value and volume of banknotes in circulation increased by 16.8 per cent and 7.2 per cent, respectively, during 2020-21, as against an increase of 14.7 per cent and 6.6 per cent, respectively, witnessed during 2019-20, said the RBI annual report. In value terms, the share of Rs 500 and Rs 2,000 banknotes together accounted for 85.7 per cent of the total value of banknotes in circulation as on March 31, 2021, as against 83.4 per cent as on March 31, 2020.

Ola Electric commences deliveries of S1 scooters

Ola Electric commences deliveries of S1 scooters

Rediff.com15 Dec 2021

Ola Electric on Wednesday said it has commenced deliveries of its S1 scooters. The company said it organised special events in Bangalore and Chennai on Wednesday to deliver both S1 and S1 Pro trims to the first 100 customers. "Today is a landmark day for those who have joined the revolution with us as we begin our deliveries of Ola S1. "We are working hard to ramp up the production at the Ola Future factory to get the scooters in the hands of our customers as per their delivery windows," Ola Electric chief marketing officer Varun Dubey said in a statement.

TCS pips HDFC Bank to be most-valuable brand

TCS pips HDFC Bank to be most-valuable brand

Rediff.com15 Sep 2022

Tata Consultancy Services (TCS) is India's most-valuable brand in 2022 replacing HDFC Bank, which held the number one spot since 2014, according to Kantar BrandZ report on India's most-valuable brands. TCS was able to grab the top slot due to rising global demand for automation and digital transformation, following the pandemic. Indian brands have bounced back from the pandemic to increase their brand value by 35 per cent compound annual growth rate (CAGR) since 2020.

Elon Musk's alarm over Twitter bots takes the lid off advertising frauds

Elon Musk's alarm over Twitter bots takes the lid off advertising frauds

Rediff.com19 Jul 2022

Elon Musk's decision to drop the idea of acquiring Twitter over purported under-reporting of fake accounts due to the use of bots has opened a can of worms on what is a growing and crucial problem - advertisers who put in money based on these falsified numbers (which is the mainstay revenue of these platforms) are making losses; they are paying for bots in the guise of viewers. mFilterIt - a global digital and advertising (ad) fraud detection and protection company in India - says search engines like Google have the lowest average ad fraud rate of 10-12 per cent, based on the inference arrived at while working with clients that use these platforms. This means 10-12 per cent of the ad viewership is generated by machines.

Why Multi-Cap Funds Are Best Bet

Why Multi-Cap Funds Are Best Bet

Rediff.com30 Sep 2022

Enter multi-cap funds only if you can stay invested for the long term.

All will abide by Rahul's decision: Sidhu ahead of Punjab CM pick announcement

All will abide by Rahul's decision: Sidhu ahead of Punjab CM pick announcement

Rediff.com6 Feb 2022

Sidhu and Chief Minister Charanjit Singh Channi are the main contenders for the chief ministerial candidate. Both have assured Gandhi they will stand by the party's decision.

Ask Mayank: How To Manage Money While Abroad

Ask Mayank: How To Manage Money While Abroad

Rediff.com18 Aug 2022

Mayank Goyal, founder and CEO, moneyHOP, will answer queries related to how to best manage your money while travelling internationally.

New Parliament will be paperless -- here's what to expect

New Parliament will be paperless -- here's what to expect

Rediff.com23 Nov 2022

In the new Parliament House, with a soft launch this Winter Session, paper is expected to disappear. For the guidance of ministers, secretaries can scribble notes on linked pads even from their offices to respond to queries from members.

Artificial intelligence gets a realtime local edge

Artificial intelligence gets a realtime local edge

Rediff.com18 Jul 2022

When computing moved to the cloud, it brought a lot of advantages of managing data at scale. Computation of large sets of information sourced from several locations allowed experts to interpret data at scale with flexibility. Artificial intelligence (AI) played a critical role in helping understand patterns which could lead to business insights. In the new scenario, using AI in the cloud is not enough anymore.

On Air Force Day, IAF chief announces new weapon system branch

On Air Force Day, IAF chief announces new weapon system branch

Rediff.com8 Oct 2022

This is the first time since Independence that a new operational branch is being created, Chaudhari said in his speech on the occasion of 90th anniversary celebrations of the IAF.