Technology

World set to witness fourth industrial revolution Commerce and Industry Minister Nirmala Sitharaman has constituted a Task Force on Artificial Intelligence (AI) for India’s Economic Transformation. The Minister said with rapid development in the fields of information technology and hardware,...

Vadodra centre to meet Indian demand Expanded technology centre at Vadodra. Technology is driving Axalta Coating Systems’ (NYSE: AXTA) businesses and customer service, especially in the automobile industry, said Dr. Barry Snyder, Axalta’s Senior Vice President and Chief Technology Officer....

16-acre site for 2.2M sq ft commercial space. Model of International Tech Park Gurgaon. The prime suburban business district of Pune will get a new Singapore-brand Information Technology (IT) park by 2020 following a land deal announced on 23 August...

Acquisition helps expand media capabilities. Essel Group ME said its media and production subsidiary, Essel Media Hub, has acquired boo.lab, a leading Spanish production company specialising in audiovisual and experiential media. The acquisition expands Essel Media Hub's media and production...

Industry calls for uniform import duties. The financial stress on the Indian telecom sector can be reduced to a great extent by considering a cut in spectrum usage charges as well as license fees, according to a joint study. The...

Indian corporate governance is in transition Girija Pande. India’s corporate sector will have to be aware of the challenges of adapting to global standard governance as the structure changes from family-backed operations to professional managers, says Girija Pande, chairman of...

World-Bank funded projects being assessed. Prime Minister Narendra Modi (in white) at launch of Amaravati with Andhra Pradesh Chief Minister N. Chandrababu Naidu (in beige) .   A dedicated team from a Singapore consortium is marketing to potential investors for...

Focus should be on PE/VC exits to generate returns Developing stronger and sustainable business plans will help startups in receiving private equity/venture capital (PE/VC) funding, suggested a recent ASSOCHAM-Hammurabi & Solomon joint study. “After registering 26 per cent dip in...

Study warns of skill shortage in the sector Emerging technologies such as 5G, M2M and the evolution of Information and Communications Technology (ICT) are expected to create employment avenues for almost 870,000 individuals by 2021, according to an industry study....

The IT leader wins contract from Grameenphone. Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) said it will use artificial intelligence platform for managing its five-year IT infrastructure and applications contract with Grameenphone (GP), a leading telecom operator in Bangladesh....