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Carlsen warns of pressure for Gukesh: 'First World Championship will be a test'

Carlsen warns of pressure for Gukesh: 'First World Championship will be a test'

Rediff.com15 Nov 2024

Magnus Carlsen of Norway feels that on current form Indian star D Gukesh is the favourite to win the World Chess Championship

'Warfare will soon be between machines and humans'

'Warfare will soon be between machines and humans'

Rediff.com13 Nov 2024

Chief of Defence Staff Gen Anil Chauhan on Tuesday underlined the evolving nature of warfare and said a combat has always been between humans but now the world is going to enter an era in which it may be between a machine and human being and later between machines.

'In Equity Markets, One Has To Be Patient'

'In Equity Markets, One Has To Be Patient'

Rediff.com12 Nov 2024

'While investors need to be prepared for making some losses, they should not lose big money chasing euphoria amid fear of missing out.'

Employee Grievances Rise In Top Firms

Employee Grievances Rise In Top Firms

Rediff.com4 Nov 2024

Data collated for 47 BSE50 companies (as of H1FY25) shows employees and workers filed 8,468 such complaints in FY24.

The Menace Of Illegal Constructions

The Menace Of Illegal Constructions

Rediff.com25 Oct 2024

As we brace for unprecedented rates of urbanisation, it is crucial to ensure that illegal constructions and unauthorised land use are curbed, asserts Amit Kapoor.

Modi's AI Mission Set To Take Off

Modi's AI Mission Set To Take Off

Rediff.com25 Oct 2024

Under the India AI mission, supercomputing, comprising over 10,000 GPUs, will be made available to various stakeholders for creating an AI ecosystem.

Reliance Has Filed 3,000 Plus Patents

Reliance Has Filed 3,000 Plus Patents

Rediff.com25 Oct 2024

Reliance has filed patents not only in India but also in the US, Canada, Europe, Estonia, South Korea, and South America. The patents include narrowband Internet of Things, AI large language models, AI DeepLearning, Big Data, devices, and quantum AI in 6G.

Specialised skills to drive 20-25% growth in IT fresher hiring

Specialised skills to drive 20-25% growth in IT fresher hiring

Rediff.com17 Oct 2024

Fresher hiring, which has been subdued as Indian information technology (IT) services firms scaled back their recruitment, is set for a turnaround. The IT sector's fresher hiring is expected to rise by 20-25 per cent for 2024-25 (FY25). Additionally, the global capability centres are projected to boost their fresher hiring by 40 per cent compared to last year, according to a TeamLease Digital analysis.

IT Freshers, What You Need To KNOW

IT Freshers, What You Need To KNOW

Rediff.com17 Oct 2024

The IT sector's fresher hiring is expected to rise by 20% to 25% for 2024-2025. The increase in hiring is driven by a focus on specialised skills catering to segments like AI, machine learning and data analytics.

155,000 Apply For 91,000 Internships

155,000 Apply For 91,000 Internships

Rediff.com14 Oct 2024

A shortlist using artificial intelligence would be prepared to identify eligible candidates and match them to the suitable internship opportunity. The shortlist would be shared with the companies on Tuesday, October 15.

'Can We In Our Businesses Set An Example?'

'Can We In Our Businesses Set An Example?'

Rediff.com10 Oct 2024

'I think some of us, like Mukesh Ambani, myself and those of us who head industrial units, ought to really focus on what we can really do to make the world a safer place, maybe 50 or 100 years from now.' 'For instance, how can we deal with climate change and global warming, right now?' 'The effects of it may not be felt now; in fact, we may pay a price for it today, but it will help the generations to follow.'

How Government Is Making Use Of AI

How Government Is Making Use Of AI

Rediff.com9 Oct 2024

The National Informatics Centre uses AI to automate document analysis and detect fraud in government departments.

AI Can't Be Left To Techies!

AI Can't Be Left To Techies!

Rediff.com5 Oct 2024

Here is the Brahma Mantra for mankind. So long as the world has leaders with judgement -- humane, compassionate, and no-nonsense in their thinking -- natural intelligence will prevail, notes R Gopalakrishnan.

LIC eyes less than 50% stake in standalone health insurance company

LIC eyes less than 50% stake in standalone health insurance company

Rediff.com4 Oct 2024

State-owned Life Insurance Corporation (LIC) is not keen on a composite license but it is looking to buy less than 50 per cent stake in a standalone health insurance company to enter the health insurance segment such that they have a say in the management of the company, without having to run the company, sources in the know said. "LIC doesn't need a composite licence. "Even if it is introduced, they will not opt for it.

CTRL Review: Masterful Thriller

CTRL Review: Masterful Thriller

Rediff.com4 Oct 2024

Sukanya Verma recommends watching CTRL on a computer for an eerie, immersive, real-time experience.

AI, ML Skills Are In High Demand

AI, ML Skills Are In High Demand

Rediff.com4 Oct 2024

India leads the pack: 4.1 per cent of job postings demand such skills.

10 Skills You Need For A Career In AI

10 Skills You Need For A Career In AI

Rediff.com1 Oct 2024

Jobs requiring AI skills carry a significant wage premium, with some roles offering up to a 25 per cent increase in wages, notes Manoj Nagpal, vice president, professional services, OpenText, an information management company.

Check Out IIT Bombay Job Offers!

Check Out IIT Bombay Job Offers!

Rediff.com3 Sep 2024

The overall average package offered during IIT Bombay placements 2023-2024 stood at Rs 23.5 LPA. 22 students accepted offers with annual packages exceeding Rs 1 crore.

'Let's be kind': Tennis stars urge fans to stop the hate

'Let's be kind': Tennis stars urge fans to stop the hate

Rediff.com30 Aug 2024

Iga Swiatek on Thursday called for the sport's governing bodies to provide players with more tools to combat online abuse

'Jobs Have Evolved, Skill Sets Haven't'

'Jobs Have Evolved, Skill Sets Haven't'

Rediff.com29 Aug 2024

'India has a skill shortage of 56%.' 'This is a very interesting paradox -- the unemployment rate is 6% to 7%, and at the same time 20% of those qualified are unemployed.'

Flipkart's Shopsy intensifies efforts to tap into Bharat

Flipkart's Shopsy intensifies efforts to tap into Bharat

Rediff.com8 Aug 2024

Flipkart's hyper-value e-commerce platform Shopsy is intensifying efforts to tap over half of the 821 million internet users (about 442 million) in rural India. These efforts are being led by Prathyusha Agarwal, who recently joined as business head at Shopsy. The aim is to become the go-to destination for consumers seeking entry-level products across various categories.

'Banks must be prepared for providing UPI credit'

'Banks must be prepared for providing UPI credit'

Rediff.com19 Jul 2024

'A credit line on UPI is going to make banks think about credit fundamentally as they digitise the credit process entirely.'

Campus Placements At IITs Getting Tough

Campus Placements At IITs Getting Tough

Rediff.com8 Jul 2024

Nearly 40 per cent of IITians sitting for placements in 2024 are yet to receive job offers, showing a doubling of the 'unplaced' in the last three years from 19 per cent in 2021-2022 to 38 per cent in 2023-2024.

Even MBAs Find It Tough To Get Jobs

Even MBAs Find It Tough To Get Jobs

Rediff.com1 Jul 2024

'Corporations that were recruiting 15 or 20 [students] have reduced the number to two or three.'

What Nilekani said about unleashing AI for enterprises

What Nilekani said about unleashing AI for enterprises

Rediff.com26 Jun 2024

Unlike AI uses for consumers, the next generation technology for enterprises will unfold over several years and the biggest challenge is to unleash AI for next wave of productivity for businesses, Infosys chairman Nandan M Nilekani said on Wednesday. While speaking at 43rd annual general meeting (AGM) of Infosys, Nilekani said the initial AI doomerism has quietened down and people have accepted that, like any other general-purpose technology -- electricity, nuclear energy, the internet etc, gen AI (generative artificial intelligence) has enormous potential for good when advanced within the guardrails of responsibility.

Adani Group to invest $100 bn in energy transition

Adani Group to invest $100 bn in energy transition

Rediff.com19 Jun 2024

Adani group will invest more than $100 billion (around Rs 8,340 crore) in energy transition projects and manufacturing capability to produce every major component required for green energy generation, its chairman said on Wednesday. Besides building solar parks to produce electricity from sunlight and wind farms that do the same from wind, the conglomerate is building major facilities to manufacture electrolyzers for making green hydrogen, wind power turbines and solar panels.

'Climate shocks' add uncertainty to inflation outlook: RBI annual report

'Climate shocks' add uncertainty to inflation outlook: RBI annual report

Rediff.com31 May 2024

The Reserve Bank of India (RBI) has identified "climate shocks" as a risk to food inflation rates and overall price rise while stating that the outlook for the country's economic growth remains bright. In its Annual Report for 2023-24, released on Thursday, the central bank said easing supply-chain pressures, broad-based softening in core inflation, and early indications of an above-normal southwest monsoon meant well for the inflation outlook in 2024-25. "The increasing incidence of climate shocks, however, imparts considerable uncertainty to the food inflation and overall inflation outlook," said the RBI while noting headline inflation moderated by 1.3 percentage points on an annual average basis to 5.4 per cent in 2023-24.

RBI's balance sheet is 2.5X Pakistan's GDP

RBI's balance sheet is 2.5X Pakistan's GDP

Rediff.com30 May 2024

The size of Reserve Bank's balance sheet increased by 11.08 per cent to Rs 70.47 lakh crore as on March 2024, leading to the highest-ever dividend payout to the government, according to the central bank's annual report. In actual terms, the increase was Rs 7,02,946.97 crore over Rs 63.45 lakh crore as on March 2023.

Pick The Right Career After Class 12

Pick The Right Career After Class 12

Rediff.com23 May 2024

Considering factors like job prospects, growth potential and industry trends can provide valuable insights into selecting a suitable career path, suggests rediffGURU Rohit Gupta.

India's internet economy likely to reach $1 trillion by 2030: Experts

India's internet economy likely to reach $1 trillion by 2030: Experts

Rediff.com17 May 2024

India's internet economy is estimated to reach $1 trillion by 2030, primarily due to e-commerce, which is expected to be worth $325 billion and rank third globally, according to industry experts. Last year marked a crucial turning point for India's e-commerce sector, with notable changes in consumer trends, technology, and regulations. InGovern Research Services, a leading corporate governance advisory firm, hosted a virtual roundtable to deliberate on the notable developments in India's e-commerce sector in 2023, with a particular focus on the essential role of customer trust in fueling its ongoing expansion.

In red-hot AI space, funds for Indian startups cooling down: Traxcn

In red-hot AI space, funds for Indian startups cooling down: Traxcn

Rediff.com11 May 2024

Venture capital (VC) and private equity (PE) funding for Indian startups in the artificial intelligence sector has seen a dramatic decrease with deal sizes shrinking, notwithstanding the buzz around the country's potential as a major AI hub. Data from research agency Traxcn, which tracks PE/VC investments, shows that total funding for AI startups in India, which started with a bang in 2022 at $599 million, dropped sharply in 2023 to $168.4 million - a decrease of over 71 per cent.

Nilekani-backed people+ai rolls out AI strategy...

Nilekani-backed people+ai rolls out AI strategy...

Rediff.com8 May 2024

An initiative of Nandan Nilekani's EkStep Foundation, people+ai on Tuesday unveiled its vision for the future of Artificial Intelligence (AI) in India, dubbed 'Adbhut India' (Amazing India). It aims to harness AI as a powerful tool to enhance the lives of all Indians. The event marked the rollout of several initiatives by people+ai that are focused on discovering, demonstrating, and disseminating population-scale AI use cases for India.

How APAAR ID Can Benefit Students

How APAAR ID Can Benefit Students

Rediff.com29 Apr 2024

DigiLocker, a government initiative for storing documents and verifying credentials online, is gradually replacing the need for paper.

How GenAI Will Impact Jobs

How GenAI Will Impact Jobs

Rediff.com23 Apr 2024

Jobs specialising in the creation and management of AI tools may witness rising salaries due to the niche expertise they require. Skills in AI research, development and the practical application of AI tools in business settings will also see strong demand.

Big Four bet on employees with tech skill

Big Four bet on employees with tech skill

Rediff.com4 Apr 2024

The Big Four accounting firms have increased the hiring of people from technology backgrounds in India amid an increased focus of clients on digital transformation, especially after the Covid-19 pandemic. EY India said that it has expanded its overall tech talent pool by 3x in the last three years across service lines including consulting, tax, assurance, and strategy & transactions. "Today over 50 per cent of our workforce is from STEM (science, technology, engineering and mathematics) and technology background," it said, adding that it continues to hire significantly in the areas of AI, cloud computing, data analytics and cybersecurity to help its clients in transformation.

GenAI Debuts In Lok Sabha Polls

GenAI Debuts In Lok Sabha Polls

Rediff.com30 Mar 2024

'This Lok Sabha election is more of a trial for GenAI content.'

Zee sacks 50% staff at its Bengaluru-based tech centre

Zee sacks 50% staff at its Bengaluru-based tech centre

Rediff.com29 Mar 2024

Zee Entertainment on Friday said it has "pruned" its Technology and Innovation Centre (TIC) by about 50 per cent following the guidance of a special committee, which had conducted a critical assessment of its several business verticals. The MD & CEO has pruned TIC staff strength by 50 per cent to achieve a cost-effective structure, a Bengaluru-based business vertical of the company that offers technology solutions, Zee Entertainment Enterprises Ltd (ZEEL) said in an official statement.

Regulate Big Tech's AI Now!

Regulate Big Tech's AI Now!

Rediff.com21 Mar 2024

Regulators must learn from past mistakes and act swiftly to prevent Big Tech from monopolising the AI ecosystem, argue Payal Malik and Nikita Jain.

Truth in the AI era

Truth in the AI era

Rediff.com19 Mar 2024

Can legislation enable this, asks Ajit Balakrishnan.

Army raises elite unit STEAG for military technology development

Army raises elite unit STEAG for military technology development

Rediff.com18 Mar 2024

The setting up of STEAG is part of the Army's efforts to develop technologies considering the future battlefield, they said.

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