Apr 20, 2018 -

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk

Robots can build IKEA chairs now! - Quartz
After years of failed attempts, a research team in Singapore has successfully taught a pair of robots to do something that many humans still can't: build an IKEA chair. The wooden Stefan chair is not the world's first piece of AI-assembled flatpack furniture: Robots at MIT built a simple Lack table in 2013. A chair is more complicated. And while a robot can be programmed to do a single assembly-line task efficiently, mastering all of the small tasks that IKEA assembly requires is a bigger challenge. Some of the same things humans struggle with, like fiddling with bags of screws, dowels, and doodads while trying to distinguish the slight variations in shape, are also difficult for robots. Researchers at Singapore's Nanyang Technological University spent three years programming robots to accomplish the specific tasks necessary to build this particular chair. The next stage will be expanding the machines' intelligence to be able to assemble a chair just by looking at a photograph of the final product Read more

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In Major Relief For Telecoms, Government Defers Spectrum Payments

In view of financial stress faced by telcos, cabinet approves deferring receipt of spectrum auction instalments for two years.Deferred spectrum payments to be equally spread over the remaining installments; telcos will, however, have to pay applicable interest on deferred spectrum payments




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On Vodafone Idea, Airtel amp; Jio footsteps, BSNL to raise tariff from December

State-owned Bharat Sanchar Nigam Limited (BSNL) is currently reviewing its mobile tariff plans and will raise it from December 2019, following the hik..



Sanjay Kapoor, former CEO of Bharti Airtel on Jio's tariff hike more

Reliance has said that they are going to continue to shine bright in trade. They have announced tariff hike from December. Sanjay Kapoor, former CEO of Bharti Airtel  shares his views. Listen in.



Realme confirms it will be among the first phone brands to launch a 5G phone in India next year

The Realme 5G phone will be first unveiled at Mobile World Congress 2020 -- that should take place around February next year, 2020.



Private players should be encouraged to use satcom: BIF

The telecom industry is under immense pressure and needs to be supported for which satellite communication can be looked as an alternative to solving ..



WhatsApp on iPhones to get Facebook Pay, Blocked Contact Notice features soon

WhatsApp is working on bringing a host of new features to its iOS based app. Now a new report suggests that the company is working on bringing Facebook Pay to WhatsApp beta for iOS.



Vivo India claims reaching its highest ever market share at 21.4% volume basis

Chinese handset maker Vivo Tuesday said that it has reached its highest ever share in India's smartphone market at 22.5% in terms of value and 21.4% i..



Phone makers seek clarity on export duty relief scheme

Key executives from electronics makers that are among the top manufacturers of mobile phones will meet Niti Aayog officials this week and seek details..



Telecom firm Telstra plans to beef up hiring in Bengaluru

The centre is designed to work on emerging technologies such as internet of things, artificial intelligence and machine learning.



NCLAT extends deadline to December 16 for implementation of Patanjali's bid for Ruchi Soya

NCLT had admitted the insolvency plea filed by two lead financial creditors Standard Chartered Bank and DBS Bank. However, later the Singapore-based DBS Bank became dissenting creditor and approached NCLAT challenging the distribution of proceeds from the bid submitted by Baba Ramdev-led Patanjali Ayurveda.



[Funding alert] Health food brand ‘And Nothing Else’ raises seed funding led by Matrix Partners India

Shashank Mehta, Founder of And Nothing Else, said the funds would be used to scale up quality hiring and build the company's manufacturing capability.



Why FMCG companies need distribution aggregators to scale

The FMCG sector is large and relatively unorganised. Following a traditional distribution network is hampering its growth. Here’s how one can bridge the gap.



Britannia holds back product launches, expects demand revival in 9-12 months

Britannia Industries has postponed product launches and expects consumption to revive in 9-12 months.



Sachin Bansal on life after Flipkart | Startup Central

India's most high profile entrepreneur Sachin Bansal gets candid on life after Flipkart. He read over 100 books and spent a lot of time on games after exiting the company. He also explains why is he betting big on the micro-finance space. Tune in!



Jabong reports 19% rise in FY19 revenues at Rs204.6 crore

E-tailer’s net losses narrow down to Rs179 crore in FY19, compared to losses of Rs188 core a year ago.Jabong reduces total expenses by 6% year-on-year to Rs417 crore



Predatory pricing by e-commerce companies: Governments knee-jerk reaction may aggravate MSMEs concern

Ease of Doing Business for MSMEs: For a robust competitive landscape, it is essential that each market participant is able to operate and effectively compete – this is what competition law seeks to achieve.



Swiggy will invest another Rs 75 crore to expand its cloud kitchens

Cloud kitchens are delivery-only properties that help restaurants reduce their real estate and labour costs while keeping the window of expanding brands and offerings rapidly. Swiggy claims to have created 8,000 jobs through Access and looks to add 7,000 more in the next 6 months.



Kirana stores to get a shield against Flipkart, Amazon

The proposed exercise is aimed at consistency, simplification & low compliance burden to cuty costs.



Hungama partners with Flipkart to offer premium content experiences

MUMBAI: Hungama, India’s leading digital entertainment company, has partnered with Flipkart, India's leading e-commerce marketplace, to offer Flipkart consumers easy access to its premium services. Shoppers on Flipkart will now have the option to redeem Flipkart SuperCoins, for a premium subscription of Hungama Music, a leading music streaming platform in India and Hungama Play, one of the most popular video streaming platforms in the country. This membership can be accessed in the ‘Flipkart Plus Zone’ on the Flipkart platform.  



US visa hiccups turn Japan attractive option for techies

The drop in H1B visas being granted to Indians over the past few years has left people looking beyond the US for work. Language-barrier aside, Japan h



Bengaluru is best Indian city to have a start-up, say unicorns' founders

They were speaking at Bengaluru Tech Summit at a panel discussion titled ‘How Bengaluru has influenced and helped founders achieve the unicorn status’.Big Basket's Hari Menon pointed out that there is 'tremendous amount of early adoption' in the city, which helps fine tune products and offerings



How Telangana government authenticates beneficiaries using AI, ML, Big Data and Deep Learning tools

Aadhaar-less authentication being piloted in authenticating pensioners



Microsoft 365 services restored after global outage

After a global outage hit many Microsoft 365 users for several hours, access and functionality of the services were restored, the company said.Microsoft blamed a 'networking build' for Microsoft 365 services outage



Rs 1,000-cr Image Towers for animation, VFX, gaming industry to be ready by 2021

The Image Towers, which will house studios, training institutes and shared services for the animation, visual effects and gaming industry, will be ready by the end of 2021 or early 2022."The faci



Hyderabad: Techie commits suicide after job loss

The woman techie who killed herself was working as a junior software developer at an IT company in Hyderabad.She was fired recently



Atul Nishar's Azent acquires AdmissionTable.com

The Hexaware founder plans to invest Rs 125 crore in acquisitions over next 3 years



The Latest Round of Indian IT Layoffs Comes at a Troubling Time

Serious consumer spending hinges on job stability. Indian authorities would do well to fortify existing employment ecosystems as well.



New IBM open technology to secure firms without moving data

IBM on Wednesday announced Cloud Pak for Security - an open-source technology which can search and translate security data from a variety of sources, ..



Infosys Will Fire Thousands In India, But Hires 500 Americans In Indiana, US

Infosys has announced that they have hired 500 Americans in Indiana, US, and plan to hire 3000 by 2023. But thounsands in India are getting fired.



Viacom18 dials up regional content for profitable growth

Viacom18 is looking at deepening geography presence



Japan’s NTT offering $1 million to lure researchers

Telecom giant NTT Group is offering record pay to hire top scientists as it looks to match some of the basic research prowess of global powerhouses including Alphabet Inc and Apple Inc.The former Japa



Deals Buzz: VC firm India Quotient to raise $100 mn across 2 funds

In other news, Perfios, a fintech startup which collects financial data to help make credit decisions, has raised a $50 million Series B round led by American private equity firm Warburg Pincus and existing investor - venture capital firm Bessemer Venture Partners



Infosys clarifies on whistleblower complaint reports

Infosys said all material information has been disclosed by the company as per Sebi norms and the firm's materiality policy.Infosys said it remains available to provide any additional information or clarification, if required



Is India ready for a gig revolution?

Discussing some important trends in the gig economy and understanding how the gig revolution will play out in India



India important for New York Times, visiting to understand it better: CEO

We are not tying up with anyone in India, nor are we looking at distribution or investment, says CEO Mark Thompson



Pushing for tax fairness in a digital world

Governments around the world are missing out on billions of dollars each year because of legal tax avoidance.



Bengalureans to get free WiFi one hour each day: Karnataka deputy CM

Atria Convergence Technologies Ltd will set up around 4,000 hotspots across the city.Free internet connectivity per day of 1 GB can be availed after verification using OTP



Over 21 billion digital transactions carried out in FY20 till Nov 13: Govt

Prasad noted that in 2018-19, 3,134 crore digital transactions were recorded, translating into y-o-y increase of 51%



Google, BCG study: Here's how India has fared on the path to digital marketing maturity

The study - Digital Marketing Maturity framework deep-dived into the increasing prominence of the use of customer or first party data by marketers...



India Is Using a 134-Year-Old Law Designed for Telegraphs to Monitor People's Encrypted Texts

Critics say that the government’s desire to monitor and control all online activity is moving India toward a complete surveillance state.



Organisations must review outsourcing arrangements to mitigate geopolitical risk: Gartner

According to Gartner, Inc., fears of geopolitical instability may impact the global offshore services market, as sourcing, procurement and vendor management executives review their options to mitigate risk.



Social Media accounts will not be linked with Aadhaar: Ravi Shankar Prasad

Social Media accounts will not be linked with Aadhaar: Ravi Shankar Prasad - Under section Section 69A of the Information Technology Act, 2000,, the government has the right to block Social Media accounts in the country



Only 3% of digital marketers in India are measuring ROI correctly: LinkedIn report

‘The Long and Short of ROI’ report reveals how measuring ROI over the length of the sales cycle can lead to more accurate reporting, greater marketer confidence, and improved campaign management



50% digital marketers rely on inaccurate metrics: LinkedIn Report

LinkedIn’s report on The Long and Short of ROI revealed that 50% of digital marketers rely on inaccurate metrics Marketers, with a lead generation objective,



Mark Taylor to head Cognizant Interactive

Cognizant Digital Business President Malcolm Frank announced that Mark Tayylor who was earlier serving as Global Customer Engagement Lead at Capgemini, has joined Cognizant Interactive as the new Senior Vice President and Global Practice Leader. Taylor brings decades of industry expertise across a variety of sectors, particularly in consumer products.



Karnataka Looks For Digital Economy Boost With Regulatory Sandbox For Tech Startups

Like the RBI regulatory sandbox, the Karnataka government’s initiative will allow tech entrepreneurs to live-test the viability of products



Exclusive: InMobi in talks to acquire social media app Roposo

Video-sharing platform Roposo is in advanced talks to consolidate with mobile marketing and advertising firm InMobi, according to four Entrackr sources.



Troubled co Altico Cap’s acting CEO steps down

India Business News: Mayur Shetty | TNN Mumbai: The acting CEO of troubled real-estate lender Altico Capital Sanjeev Agrawal has put in his papers.



How Dating Apps Are Changing the Way We Find Jobs

Employment search services inspired by dating apps are transforming the HR industry.



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