Google CEO Sundar Pichai on Thursday said the company continues to engage closely with partner Jio on the initiative of building an affordable smartphone and that work is underway on the project. Last year, Google had picked up a 7.7 per cent stake in Jio Platforms for Rs 33,737 crore. It had also entered into a commercial agreement with Jio Platforms to jointly develop an entry-level, affordable smartphone.
'There was hardly any recruitment after the second wave.' 'Now, there is a huge demand for manpower.'
Every crisis throws up opportunities, and one should be resilient enough to focus on the opportunities rather than let the crisis overpower you, says Aditya Mohan Jadhav.
The Centre has also listed 24 bills, including the Cantonment Bill, the Multi-State Cooperative Societies (Amendment) Bill and the Insolvency and Bankruptcy Code (Amendment) Bill.
The Reserve Bank of India (RBI) on Wednesday proposed to make interoperability mandatory for digital payments firms. It also allowed users to withdraw cash from e-wallets and fintech companies to process RTGS and NEFT transactions. The RBI expressed dissatisfaction over prepaid payment instruments' (PPIs') failure to migrate towards full-KYC (know your customer) PPIs, and therefore interoperability, even two years after guidelines were issued.
In a statement, the ministry said the proposed amendment bill also seeks to extend power to suspend the certificate of practice in cases of professional misconduct by the appropriate government for conduct of inquiry.
'Last year, India exported more software than Saudi Arabia exported oil.' 'Last year India got $83 billion of private equity.' '50 percent of India's FDI has come in the last five years.'
With a rise in the number of cyber crimes and hacking, and many putting a question mark on safety of Aadhaar data, the FM might bring proposals in this regard and allocate funds separately.
West Bengal Chief Minister Mamata Banerjee on Thursday said she would not be attending the meeting convened by the Centre on December 24 to discuss ways to commemorate the birth anniversary of philosopher and revolutionary leader Rishi Aurobindo on August 15 next year, as part of the 75th Independence Day celebrations.
If you have questions related to online insurance frauds, then Piyush Ranjan, chief technology officer, Coverfox Insurance, will answer your queries.
India's growth in the last three financial years has averaged just 1.9%. It is natural to project rapid growth from this low base. Crucial to that would be the assumption that the economy has suffered no lasting damage from the pandemic, observes T N Ninan.
The increase in death registration in 2020 compared to 2019 is not entirely due to Covid fatalities, Niti Aayog member VK Paul has said, asserting that "exorbitant" multiples of coronavirus deaths being published by some agencies with respect to India must stop.
For years it has been evident that fibre and DTH would give tough competition to cable in India where regulatory overload has mutilated an already warped industry structure. OTT added fuel to the fire. From Rs 27,000 crore in 2010, cable's share of subscription revenues is now estimated at Rs 13,000 crore.
Due to the prevailing uncertainty, the risk of loans going bad has certainly increased. This may result in lenders following risk-based pricing more diligently, notes Naveen Kukreja, CEO, Paisabazaar.com
Are we running a cricket match using football rules, asks Ajit Balakrishnan.
The government will "notify such countries or territories outside India to which a data fiduciary may transfer personal data", according to the draft unveiled on Friday for public feedback.
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.
However, the government's draft policy on e-commerce companies has forced consumer companies to also adapt to the changes. For Dabur India, e-commerce channel continues to be a key driver of growth in urban India. The contribution of online sales to its entire portfolio is at six per cent compared to 1.5 per cent before the pandemic.
The Centre will promote Kisan Drones, chemical-free natural farming, public-private partnerships for the delivery of digital and high-tech services to farmers across the country during the financial year 2022-23, Finance Minister Nirmala Sitharaman said on Tuesday. Presenting the Budget 2022-23 in Parliament, Sitharaman said the inclusive development is one of the four priorities of the government moving forward. As part of the inclusive development, the government will promote the use of 'Kisan Drones' for crop assessment, digitisation of land records and spraying of insecticides. The government will also facilitate a fund with blended capital raised under the co-investment model through Nabard to finance agri start-ups and rural enterprises, she said.
'What an incredible opportunity to bring back one of the greatest actors of Indian cinema on the big screen.'
President Droupadi Murmu administered him the oath at a brief ceremony held at the Rashtrapati Bhavan.
Counted as a judge who enriched the 'verdict docket' of the apex court, Justice Chandrachud is viewed as sharp, articulate and forward looking.
All you have to do is visit www.digitalindia.gov.in
'The kind of jobs the advent of artificial intelligence, data science and so on are creating simply didn't exist before'
Prime Minister Narendra Modi on Monday said the Centre along with states is making efforts to control lumpy skin disease in cattle.
If you pledge market-linked instruments and their value plummets, you will have to provide additional collateral, points out Sanjay Kumar Singh.
'The tie-up with Serum Institute Life Sciences brings to the table their strengths in manufacturing and also their vaccine portfolio.'
Ride-hailing platform Uber on Wednesday said it is recruiting close to 250 engineers for its teams in Bengaluru and Hyderabad as it continues to expand the scope of operations for its engineering and product work in the country. The current round of hiring will strengthen the company's rider and driver growth, delivery, eats, digital payments, risk and compliance, marketplace, customer obsession, infrastructure, adtech, data, safety and finance technology teams, a statement said. These roles are currently split between the company's Hyderabad and Bengaluru tech centres, it added.
Private equity investments in proptech firms rose 35 per cent to $741 million last year as investors sought to tap huge opportunities amid rising use of technology in the realty sector, Housing.com said. Proptech firms that are providing solution in sales and marketing, and construction management got 69 per cent of the total funds. Inflow of funds into proptech firms stood at $551 million in 2020. Between 2009 and 2021, the proptech players in India received a total of $3.2 billion Private Equity(PE) investments.
E-commerce giant Amazon on Thursday announced a $250 million (about Rs 1,873 crore) fund that will focus on digitising small and medium businesses, and driving innovation in the areas of agri-tech and health-tech in India. "Small and medium sized businesses are often the engine and the lifeblood of economies and I think it's true in India as well. "And we are very passionate about trying to enable acceleration of SMBs in fuelling innovation and the economy in India," Amazon Web Services CEO Andrew Jassy said.
'It's looking odds-on there won't be a data protection law before this edition of the Lok Sabha is dissolved.' 'This limbo has enabled all sorts of businesses that would be illegal in countries that do have data protection laws,' notes Devangshu Datta.
The country must adopt Singapore's three-pronged strategy of creating new jobs, redeploying displaced workers and constantly upskilling workers.
As a special gesture, Frederiksen received Modi at the airport. He arrived in Copenhagen from Germany.
Workers of tomorrow will have to figure out how to help themselves transition to different career pathways, predicts Sandeep Goyal.
Digitisation is changing the banking business. This shift has resulted in a change in banking job profiles.
Ajit Balakrishnan on learning from past technology revolutions.
Essar group on Friday announced the signing of a USD 2.4 billion (Rs 19,000 crore) deal to sell certain ports and power infrastructure to ArcelorMittal Nippon Steel in one of the largest post-pandemic merger and acquisition deals in India. In a statement, the Ruia-run firm said the deal also envisages a 50-50 joint venture between Essar and ArcelorMittal for building a 4 million tonnes a year LNG import terminal at Hazira in Gujarat. Without giving details, it only identified certain ports and power infrastructure that are primarily captive to operations of the Hazira steel plant, which was acquired by ArcelorMittal Nippon Steel (AM/NS) in 2018-19, as part of the deal.
WhatsApp on Wednesday said it expects to facilitate the purchase of "affordable sachet-sized" health insurance through its platform by the end of the year as part of its efforts to provide users in India with greater access to financial solutions. The Facebook-owned company noted that its 'Payments' feature is now available to users across the country (currently up to 20 million users) with support from banking partners - State Bank of India, HDFC, ICICI and Axis Bank.
And there have been months when flows have exceeded $3 billion.
'Younger investors start their journey with very little capital so they are risking less while they have a lot of time to experiment and learn early on.'
