News for 'automation'

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

Top 5 IT cos to add over 96,000 employees in FY22: Nasscom

Top 5 IT cos to add over 96,000 employees in FY22: Nasscom

Rediff.com17 Jun 2021

IT industry body Nasscom on Thursday said the sector continues to be a net hirer of skilled talent, and that the top 5 Indian IT companies are planning to add over 96,000 employees in 2021-22. The statement comes in the backdrop of a report by Bank of America that said domestic software firms are set to slash 3 million jobs by 2022 as automation gains pace across industries, especially in the tech space. "With the evolution of technology and increasing automation, the nature of traditional IT jobs and roles will evolve overall leading to creation of newer jobs. "The industry continues to be a net hirer of skilled talent, adding 1,38,000 people in FY2021," Nasscom said in a statement.

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.'

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.

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.

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.

How to automate money to get rich

How to automate money to get rich

Rediff.com2 Jun 2009

Ramit Sethi's book I will Teach You to be Rich is a bestseller. The 26-year-old Stanford alumnus has been called 'a rising star in the world of personal finance writing.' Excerpts from an interview...

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.

Bihar panchayat poll goes hi-tech, to use AI to count votes

Bihar panchayat poll goes hi-tech, to use AI to count votes

Rediff.com28 Oct 2021

AI implementation enabler Staqu will deploy its proprietary video analytics system JARVIS to count votes directly from the camera by monitoring the electronic voting machines screens at the counting centre.

6 Hiring Trends Of 2022

6 Hiring Trends Of 2022

Rediff.com6 Jul 2022

An increasing number of hiring managers are opting for video conferencing platforms to know the candidates, explains Narayan Bhargava, chairman and managing director, Calibehr.

Nagpur ATM dispenses 5X cash, is a huge hit till bank shuts it down

Nagpur ATM dispenses 5X cash, is a huge hit till bank shuts it down

Rediff.com16 Jun 2022

A man was in for a pleasant surprise when he tried to withdraw Rs 500 from an ATM, but got five currency notes of Rs 500 denomination from the cash dispenser in Maharashtra's Nagpur district.

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.

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.

'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.'

5 Jobs In Cloud Computing

5 Jobs In Cloud Computing

Rediff.com16 Feb 2022

The cloud market in India is expected to grow by 26% by the end of 2022.

Why Is EPFO Hiring Law Firms?

Why Is EPFO Hiring Law Firms?

Rediff.com21 Oct 2022

The law firms will provide legal opinion on matters related to interpretation of various statutes, such as the Employees' Provident Funds and Miscellaneous Provisions Act, 1952, among other things.

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.

10 Most Relevant Job Skills For 2023

10 Most Relevant Job Skills For 2023

Rediff.com2 Jan 2023

Siva Prasad Nanduri, chief business officer, TeamLease Digital, outlines the skills that will help you get a job in 2023.

Army tests India-made surface-to-air missile

Army tests India-made surface-to-air missile

Rediff.com10 Sep 2022

The QRSAM system is unique in its ability to operate on the move, searching for and tracking enemy targets; and then fire on a short halt.

IT cos set to slash 3 mn jobs by 2022

IT cos set to slash 3 mn jobs by 2022

Rediff.com16 Jun 2021

With automation taking place at a much faster pace across industries especially in the tech space, domestic software firms that employee over 16 million are set to slash headcounts by a massive 3 million by 2022, which will help them save a whopping $100 billion mostly in salaries annually, says a report. The domestic IT sector employs around 16 million, of them around 9 million are employed in low-skilled services and BPO roles, according to Nasscom. Of these 9 million low-skilled services and BPO roles, 30 per cent or around 3 million will be lost by 2022, principally driven by the impact of robot process automation or RPA. Roughly 0.7 million roles are expected to be replaced by RPA alone and the rest due to other technological upgrades and upskilling by the domestic IT players, while it the RPA will have the worst impact in the US with a loss of almost 1 million jobs, according to a Bank of America report on Wednesday.

Government Cracks Down On FCI Racket

Government Cracks Down On FCI Racket

Rediff.com14 Feb 2023

'The corruption charges in FCI are not the first and won't be the last.'

'Rs 2,000 note is not easily available'

'Rs 2,000 note is not easily available'

Rediff.com31 Mar 2023

By the end of March 2022, only 2,140 million pieces of Rs 2,000 denomination currency notes were in circulation, or 13.8 per cent of the total value of notes.

ATM transactions to become costlier from Jan 1

ATM transactions to become costlier from Jan 1

Rediff.com31 Dec 2021

Using ATMs beyond the permissible free transactions for cash as well as non-cash purposes will cost more from Saturday. As per the Reserve Bank directive issued in June, the banking customers would be required to pay Rs 21 per transaction with effect from January 1, 2022 for transactions beyond the free permissible limit. Presently, banks are allowed to charge Rs 20 for such transactions through ATMs.

Indian Techies Write Code For Driverless Cars!

Indian Techies Write Code For Driverless Cars!

Rediff.com29 Nov 2022

Engineers based in India are estimated to be writing roughly 35 per cent of the 100 million lines of codes required to develop one fully driverless car for global vehicle makers.

How Robotics Revived A Dying Indian Art

How Robotics Revived A Dying Indian Art

Rediff.com1 Oct 2021

The episode of Lord Rama's pursuit to catch the golden deer was selected for the robotic application and a total of four leather puppets -- Lord Rama, Goddess Sitha, Lakshmana and the Deer -- were automated.

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.

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.