News for 'data transformation'

Transforming India: From data poor to data rich

Transforming India: From data poor to data rich

Rediff.com8 Jan 2018

Entirely new businesses have been built using data to disrupt traditional companies.

Hyundai Motor has a forgettable FY 2025

Hyundai Motor has a forgettable FY 2025

Rediff.com21 May 2025

For FY26, the company has adopted a cautious outlook, anticipating domestic growth to broadly track the industry's low single-digit estimated growth amid ongoing economic headwinds.

'We Want World-Class Innovation, But...'

'We Want World-Class Innovation, But...'

Rediff.com23 Jun 2025

'...hesitate to support the risk-taking it requires.'

Reliance to invest Rs 75,000 cr in North-Eastern states: Mukesh Ambani

Reliance to invest Rs 75,000 cr in North-Eastern states: Mukesh Ambani

Rediff.com23 May 2025

Oil-to-telecom conglomerate Reliance Industries Ltd will invest Rs 75,000 crore in North Eastern states in setting up 350 biogas plants, expanding its telecom services, retail footprint, and clean energy projects, chairman Mukesh Ambani said on Friday. Speaking at the Rising NorthEast Investors Summit here, Reliance Industries Ltd chairman and managing director said his group will invest in factories for high-quality FMCG products in the region and setting up a 150-bed cancer hospital in Manipur.

Telecalling Jobs Grow, Sales Jobs Decline

Telecalling Jobs Grow, Sales Jobs Decline

Rediff.com26 Mar 2025

Traditional field sales are losing ground, with job postings declining except in Tier III and IV cities.

AI Boom Fuels Demand for IT Specialists

AI Boom Fuels Demand for IT Specialists

Rediff.com21 Mar 2025

Entry level engineers for these roles can be paid between Rs 4 lakh to Rs 8 lakh annually, which can go beyond Rs 30 lakhs for people with more than eight years of experience.

Has US Averted India-Pakistan War?

Has US Averted India-Pakistan War?

Rediff.com2 May 2025

The 'mediation' by the United States from behind the scene on the diplomatic track appears to be once again working, which calls on both Delhi and Islamabad to show restraint and pull back from a military confrontation, notes Ambassador M K Bhadrakumar.

Capex slows in FY25 but key infrastructure, power players set to benefit

Capex slows in FY25 but key infrastructure, power players set to benefit

Rediff.com5 Mar 2025

Post-election capital expenditure (capex) has been weak at 2 per cent year-on-year (Y-o-Y) in M9FY25. The FY25 revised estimates (RE) indicate 7 per cent growth in FY25 against FY24, implying 21 per cent Y-o-Y growth in Q4FY25 government capex.

Can India Inc outpace global peers in future tech adoption?

Can India Inc outpace global peers in future tech adoption?

Rediff.com9 Jan 2025

Employers in India are planning to outpace global adoption in certain future technologies as companies operating in the country are heavily investing in technologies like artificial intelligence (AI), energy technologies, robotics, and autonomous systems, said the World Economic Forum (WEF) in its latest "Future of Jobs" report released on Wednesday. The report, released days before the WEF annual meeting in Davos from January 20-25, notes that 35 per cent employers in India think that adopting semiconductors and computing technologies (compared to 20 per cent globally) will transform their operations while 21 per cent employers think that adopting quantum and encryption technologies (compared to 12 per cent globally) will also transform their operations.

Unilever goes cloud-only in landmark transformation

Unilever goes cloud-only in landmark transformation

Rediff.com5 Apr 2023

Unilever completed one of the largest cloud migrations in the consumer goods industry, with a little help from Accenture and Microsoft, and has become a cloud-only enterprise. Accenture and Microsoft, together with their joint venture, Avanade, worked with Unilever to deliver the transformation in 18 months with minimal disruption to business operations, Accenture said in a release. The release added that it has not only helped ensure and optimise operations for Unilever but also provides a platform to drive innovation and growth.

15 Fastest-Growing Job Skills In India

15 Fastest-Growing Job Skills In India

Rediff.com20 Mar 2025

Despite the dominance of AI, creativity and innovation are the most in-demand skills, reveal LinkedIn's Skills On The Rise 2025 report.

'Work does not disappear due to technology'

'Work does not disappear due to technology'

Rediff.com11 Feb 2025

'Its nature changes, new types of jobs are created.' 'We need to invest in skilling and re-skilling our people for an AI-driven future,' Prime Minister Narendra Modi said in his opening speech at the AI Action Summit in Paris, co-hosted by India.

10 Job Skills That Will Be In Demand In 2025

10 Job Skills That Will Be In Demand In 2025

Rediff.com27 Dec 2024

Skills like social media, e-mail marketing, SEO (search engine optimisation) and PPC (pay per click) will be essential in 2025, says Sachin Alug, CEO, NLB Services.

WEF lists highest and lowest growing jobs

WEF lists highest and lowest growing jobs

Rediff.com8 Jan 2025

Farm workers and drivers will figure among the fastest growing jobs over the next five years, while roles of cashiers and ticket clerks will see the largest decline, a new study showed on Wednesday. In its Future of Jobs Report 2025, the World Economic Forum (WEF) also said that 170 million new jobs will be created by 2030, while 92 million are projected to be displaced, resulting in 78 million net new jobs.

Improve Customer Service, Banks Told, Or Else!

Improve Customer Service, Banks Told, Or Else!

Rediff.com28 May 2025

In 2023-2024, 95 scheduled commercial banks received over 10 million complaints from their customers. The process of KYC at many banks has become 'HYC' -- harass your customer, points out Tamal Bandyopadhyay.

'India can emerge as key player in global supply chain'

'India can emerge as key player in global supply chain'

Rediff.com15 Feb 2025

'It can position itself as a China Plus One solution, fulfilling the demands of developed economies.'

Jio inks pact with Elon Musk's SpaceX to offer Starlink services in India

Jio inks pact with Elon Musk's SpaceX to offer Starlink services in India

Rediff.com12 Mar 2025

The Reliance Industries' digital services company Jio Platforms Limited has signed an agreement with SpaceX to offer Starlink's broadband internet services to its customers in India, the company said on Wednesday. The agreement is subject to SpaceX receiving authorisation to sell Starlink in India. The development came a day after Jio's rival Bharti Airtel signed a similar pact with SpaceX.

Reliance partners Brookfield for India data centre business

Reliance partners Brookfield for India data centre business

Rediff.com24 Jul 2023

Reliance Industries Ltd on Monday announced an agreement to invest alongside Brookfield Infrastructure and Digital Realty in special purpose vehicles developing data centres in India. Reliance will hold a 33.33 per cent stake in each of the five Indian special purpose vehicles and become an equal partner, the company said in a statement. Digital Realty Trust, Inc is the largest provider of cloud and carrier-neutral data centre, colocation and interconnection solutions globally with 300+ data centres across 27 countries.

US pledges to boost technology ties with India

US pledges to boost technology ties with India

Rediff.com14 Feb 2025

Artificial Intelligence, innovation and next-generation technologies figured prominently during the high-stakes discussion between Prime Minister Narendra Modi and US President Donald Trump at the White House, as the two sides announced transformative measures, including the US-India TRUST initiative, roadmap on accelerating AI infrastructure and INDUS Innovation, to boost tech ties.

What Bessemer plans to do with its $350 million India-only fund

What Bessemer plans to do with its $350 million India-only fund

Rediff.com19 Mar 2025

Bessemer Venture Partners has closed $350 million in capital for its second dedicated India fund to back founders in the region, who build enduring companies.

Tech disrupting traditional industries, warn biz leaders

Tech disrupting traditional industries, warn biz leaders

Rediff.com13 Feb 2025

Technology is rapidly reshaping industries that have long been rooted in tradition, driving a wave of innovation that is transforming everything from finance, banking, steel to manufacturing.

'People Will Tilt Towards BJP After Caste Census'

'People Will Tilt Towards BJP After Caste Census'

Rediff.com2 May 2025

'There were deep discussions within the Sangh Parivar before this decision was made.' 'They were convinced, and only then did the Modi government proceed with the caste census.'

GM-backed Cadillac F1 team confirmed for 2026

GM-backed Cadillac F1 team confirmed for 2026

Rediff.com8 Mar 2025

A General Motors-backed Cadillac entry will become Formula One's 11th team next year after securing formal approval from the commercial rights holders and governing FIA on Friday.

Modi pushes for open source AI framework at global summit

Modi pushes for open source AI framework at global summit

Rediff.com12 Feb 2025

Prime Minister Narendra Modi advocated for a global framework for artificial intelligence (AI) based on open source, emphasizing the need for trust, transparency, and the elimination of biases. Co-chairing the AI Action Summit with French President Emmanuel Macron, Modi highlighted the transformative potential of AI across various domains, including politics, economics, security, and society. He stressed the importance of democratizing technology, addressing concerns about cyber security and disinformation, and developing quality data sets free from biases. Modi also acknowledged the need for open-source AI ecosystems to foster trust and transparency, while emphasizing the importance of localized technology for effectiveness and usefulness. Recognizing the potential of AI to improve health, education, and agriculture, Modi proposed pooling resources and talent to leverage the technology for sustainable development goals. Addressing concerns about job displacement, he emphasized that while the nature of work may evolve, technology creates new opportunities. Modi highlighted India's leadership in AI adoption and data privacy solutions, emphasizing the nation's readiness to share its expertise and contribute to an AI future that benefits all.

'It's Like Being Handed A Formula 1 Race Car, But Choosing To Walk'

'It's Like Being Handed A Formula 1 Race Car, But Choosing To Walk'

Rediff.com25 Feb 2025

'The choice is clear: We either embrace this transformation and cement our global leadership, or hesitate, lose ground, and fade into irrelevance.'

'Dr Chidambaram Was An Extraordinary Mentor'

'Dr Chidambaram Was An Extraordinary Mentor'

Rediff.com9 Jan 2025

'He was deeply committed to nurturing young talent and encouraging interdisciplinary collaboration.'

Citi is keen to allocate more global roles to India

Citi is keen to allocate more global roles to India

Rediff.com20 Mar 2025

US-based Citigroup is likely to allocate more global roles to India than to any other centre it operates in due to the country's strong talent pool, said Jane Fraser, chief executive officer of Citigroup, on Wednesday in an interaction with CNBC-TV18. Fraser also expressed confidence that India will remain the world's fastest-growing economy.

'AI is no longer a futuristic concept but an economic multiplier'

'AI is no longer a futuristic concept but an economic multiplier'

Rediff.com2 Feb 2025

Budget 2025 lays down a transformational roadmap for India's digital and economic future, focusing on AI-driven enterprise modernisation, workforce skilling, and sustainable innovation. With bold investments in AI, digital infrastructure, and ease of doing business, the government has set the stage for businesses to scale, innovate and compete on a global level.

Indian forces have transformed to meet diverse warfare challenges: IAF chief

Indian forces have transformed to meet diverse warfare challenges: IAF chief

Rediff.com14 Jan 2024

The Indian Air Force, in particular, has grown from a very modest beginning just about 90 years ago, to being "one of the most formidable air forces in the world", the IAF chief said.

Ice may be found at more locations below Moon's surface: Chandrayann-3

Ice may be found at more locations below Moon's surface: Chandrayann-3

Rediff.com7 Mar 2025

New data from India's Chandrayaan-3 mission suggests that ice might be present at more locations on the Moon's surface than previously believed. The study, published in Communications Earth and Environment, analyzed temperature data collected by the ChaSTE probe onboard the Vikram lander. The researchers found that significant variations in surface temperatures can influence the formation of ice, with slopes angled away from the Sun potentially providing favorable conditions for ice accumulation. The findings have implications for future lunar exploration, suggesting that water-ice resources could be more accessible than previously thought.

'Our India centre is a hub for global innovation'

'Our India centre is a hub for global innovation'

Rediff.com8 Jan 2025

'Our business continues to roll out its strategy, the role of this GDTC continues to grow.'

Insurers to double down on tech, rural expansion for growth in '25

Insurers to double down on tech, rural expansion for growth in '25

Rediff.com10 Jan 2025

The Indian insurance industry is set to focus on customer-centric technological adoption and expansion into rural areas to drive growth in 2025.

Why Are Indians Migrating Illegally To US?

Why Are Indians Migrating Illegally To US?

Rediff.com12 Feb 2025

Many unauthorised migrants originate from Punjab and Gujarat, states known for high migration aspirations rather than political instability.

Indians Want To Make An Experience Of Every Trip

Indians Want To Make An Experience Of Every Trip

Rediff.com1 Apr 2025

'Adventure travel, cultural tours, and wellness retreats are in high demand.'

'Media Frenzy Has Ruined Justice Varma's Reputation'

'Media Frenzy Has Ruined Justice Varma's Reputation'

Rediff.com16 Apr 2025

'Presumption of innocence must guide all formal actions, but transparency must not be mistaken for pre-judgment.' 'The cruel irony, however, is that Justice Varma is a fine judge who enjoys a reputation for writing well-reasoned judgments.'

How IMD became global weather leader in 150 years

How IMD became global weather leader in 150 years

Rediff.com13 Jan 2025

From a few rain gauges in 1875 to rivalling the world's best weather agencies, the India Meteorological Department (IMD) has weathered its way to becoming a global leader in forecasting.

The India Story: 90% Work In Progress

The India Story: 90% Work In Progress

Rediff.com2 Jan 2025

From highways connecting once-remote regions to aviation networks carrying millions, India's infrastructure story is one of transformation.

History In Minutes: World's First Airmail Flew Over Kumbh

History In Minutes: World's First Airmail Flew Over Kumbh

Rediff.com24 Feb 2025

In 1911, French pilot Henri Pequet flew the world's first official airmail, carrying over 6,500 letters and postcards, during the Kumbh Mela in Allahabad, now Prayagraj. The flight, which covered five miles in 13 minutes, marked a significant milestone in aviation and postal history. The mail included letters to Jawaharlal Nehru and King George V, and special commemorative postcards signed by Pequet are now prized collector's items. The event, which coincided with the Kumbh Mela, highlights the intersection of spiritual and technological advancements in India's history.

Udaan set for IPO as NCLT clears demerger plan

Udaan set for IPO as NCLT clears demerger plan

Rediff.com15 Jan 2025

Udaan, India's largest business-to-business (B2B) e-commerce company, has received approval from the National Company Law Tribunal (NCLT) for its internal corporate restructuring plan, according to sources. By consolidating into a single entity, the restructuring will enhance Udaan's agility and pave the way for various financing options, including the ability to pursue an initial public offering (IPO) in India by 2026, according to people familiar with the matter.

Reliance Q3 net rises 7.4% on rebound in retail, higher telecom earnings

Reliance Q3 net rises 7.4% on rebound in retail, higher telecom earnings

Rediff.com16 Jan 2025

Reliance Industries Ltd on Thursday reported a 7.4 per cent rise in its December quarter net profit, as its retail business rebounded and telecom earnings rose. Its consolidated net profit of Rs 18,540 crore, or Rs 13.70 per share, in October-December - the third quarter of April 2024 to March 2025 fiscal (FY25) - compared to Rs 17,265 crore, or Rs 12.76 a share, in the same period a year back, according to a stock exchange filing by the company.