Information Technology

Next step for the infotech boom

The IT services industry must innovate more and integrate better into the needs of the national economy

ChatGPT like alien intelligence but lacks human-like reasoning: Rosedale

Rosedale compared the current state of generative AI to the early days of the internet when there was a lot of excitement, opportunity, and uncertainty about what would happen next, reports ZDNET.

Not considering law to regulate AI growth in country: IT Ministry

The government is not considering bringing a law or regulating the growth of artificial intelligence (AI) in the country, as generative AI-based chatbots become a rage across the industry

Samsung, MeitY to skill Indian youth in building real-life innovations

The first season of the initiative in 2022 received over 18,000 registrations from youth across the country. This year, anyone in India aged 16-22 can apply till 5 pm on May 31

India has 45,000 job openings in AI, demand for skills rising: Report

37% organisations provide employees tools to build AI-ready workforce, says survey

IT hardware manufacturers flag PLI investment clause; cite demand issues

The IT manufacturers have said that they have underutilised capacities that first need to be used up before they can commit to further expansion

Govt developing platform to update DigiLocker documents using Aadhaar

The IT ministry plans to first approach departments that issue important documents such as driving licenses, ration cards, voter ID cards, etc. Passports are likely to be brought in later

Information technology should be used to improve governance: Om Birla

Birla made remarks after inaugurating the two-day 19th annual conference of Commonwealth Parliamentary Association (CPA) India region zone-III at Sikkim Legislative Assembly in Gangtok

Bristol Myers Squibb to invest Rs 800 cr for drug development in Hyderabad

Bristol Myers Squibb, a world's leading biopharmaceutical company will establish a state of-the-art site here to expand its global drug development and IT capabilities with an investment of Rs 800 crore, a Telangana government press release said on Thursday. The announcement was made after Telangana Minister KT Rama Rao's meeting with Samit Hirawat, Executive Vice-President, Global Drug Development at BMS, who is in the city to participate in BioAsia 2023, it said. The company plans to begin operations in Hyderabad later in 2023, with the potential over the next few years to employ approximately 1,500 people who will be engaged in cutting-edge Research and Development and digital activities, a BMS release said. Rama Rao said, "I am delighted to welcome Bristol Myers Squibb to the vibrant ecosystem of Hyderabad. It is indeed a matter of pride that BMS, which is one of the most innovative and world leading biopharmaceutical companies, has chosen Hyderabad and I strongly believe this .

2,767 complaints against influencers processed, most violations on Insta

The Advertising Standards Council of India (ASCI) on Thursday said it has processed 2,767 complaints since coming up with influencer guidelines in May 2021. More than half of the violations have been found on Meta-owned Instagram platform, while Alphabet's Youtube contributed a third of them, the self-regulatory organisation for the advertising industry said. The body said in over 90 per cent of the cases, there were modifications required. "...the Central Consumer Protection Authorities also now require disclosure of material connection between brands and influencers. Hence, non-disclosures are potential violations of the law," the body's chief executive and secretary general Manisha Kapoor said. In FY22, the total number of violations stood at 1,592, with virtual digital assets like bitcoins topping with nearly 24 per cent, and followed closely by personal care category which accounted for 23 per cent. In the first nine months of FY23 (April-December 2022), there were 1,175 ...

62% of firms in India want to hire freshers in the first half of 2023

This is nearly 4.5 times higher than the global average of 14 per cent

80% of Wipro's employees will get 87% variable pay for the third quarter

Wipro has proposed to pay 87 per cent of the variable pay component to over 80 per cent of its workforce, according to a communication in the company's internal email

Infosys, TCS better equipped to weather ChatGPT-led disruption: JP Morgan

Generative artificial intelligence models such as ChatGPT, JP Morgan said, can potentially simplify coding and democratize access to a wider pool of talent, driving a new source of disruption

ChatGPT, other AI models to disrupt Indian IT firms: JP Morgan analyst

(Reuters) - Generative AI models such as ChatGPT will slow down market share gains and deflate pricing for Indian IT companies in the short term, analysts at J.P.Morgan said on Friday.

Banned websites, apps given 48 hrs to prove genuineness: Official

The IT ministry has given 48 hours to banned websites and apps to prove their genuineness, a senior government official said on Thursday. Another senior official from the ministry said the ban has been imposed on the platforms because their businesses were not genuine. "Why would there be any ban if they were genuine? Action has been taken on them," the ministry official said. The government last week ordered blocking of 232 apps operated by overseas entities, including Chinese, for being involved in betting, gambling and unauthorised loan services. "They have been given 48 hours under the rule to submit documents. The decision will be taken based on their presentation. It is going on now," another senior official said. The Ministry of Electronics and Information Technology (MeitY) issued blocking orders on Saturday, based on an emergency request issued by a nodal officer of the home ministry, against 138 betting and gambling websites and 94 loan apps that were engaging in illegal

Govt set to ban 138 betting apps, 94 loan apps with Chinese links: Report

The communication was issued to Ministry of Electronics and Information Technology (MeitY) by the Union Home Ministry

Cognizant Q4 net profit down 9.6% YoY, meets annual guidance for FY22

IT services firm reports rise in headcount, says voluntary attrition declining

Tech Mahindra's Q3 profit slides 5.3% as expenses jump on macro challenges

India's Tech Mahindra reported a fall in third-quarter profit on Monday, hurt by higher expenses and a subdued performance by its communications division

India's dream of 'techade' will be fulfilled by innovators: PM Modi

Prime Minister Narendra Modi said on Sunday that domestic patent filings have outscored the country's foreign patent filings as he expressed confidence that India's dream of "techade" will be fulfilled on the strength of its innovators. This underscores the country's increasing scientific capabilities, he said in the first episode of 'Mann ki Baat' in the new year . Modi has in the past used "techade" to describe the decade being dominated by technologies and India making most of it. He said India's rank in patent filling is seventh globally while it is fifth in trademark registration. India's patent registration has risen by 50 per cent in the last five years, the prime minister said, noting that its ranking in the global innovation index has surged to 40 from below 80 in 2015. "I am confident that India's dream of techade will be fulfilled by its innovators and their patents," he said. The premier Indian Institute of Science had 145 patents in 2022 which is a rare record, Modi .

IT and start-up hiring to stay muted in 2023, niche tech roles to keep pace

This layoff period, coupled with a lull in hiring, is expected to last over the next two or three quarters, say experts