AI ANAND MAHINDRA
Technology a golden thread that binds enterprise' work to future world; AI strengthens it: Anand Mahindra
Anand Mahindra said the future belongs to those who can creatively weave this golden thread into a value-enhancing business tapestry. Penning down his thoughts in the annual report 2023-24 of Tech Mahindra, the billionaire businessman said it is impossible to talk about any business without technology.
Tech Mahindra CEO Mohit Joshi says FY25 will be turnaround year
As per Tech Mahindra chairman Anand Mahindra, as organisations strive to stay ahead in the digital race, IT services will play a key role in enhancing technology by integrating AI seamlessly into the core business functions. “The race does not necessarily belong to the large or the most specialised. The winners will be companies that are agile, well-prepared and can scale at speed,” he said.
Skill gap in workforce, AI advancements make cyber attacks more threatening in India
India is witnessing an unpredented surge in cyber attacks. There is also a big skills gap in the cyber security workforce, and advancements in AI are making the problem more acute. While AI is a threat, it is also an opportunity. Synergy between AI and human expertise may be the key to safeguarding the country’s expanding digital ecosystems.
Byju’s empties offices; Made-in-India AI models
Cash-strapped edtech firm Byju’s is vacating multiple offices and tuition centres countrywide as part of a cost-cutting drive. This and more in today’s ETtech Top 5.
Anand Mahindra gushes about Indian Navy’s daring rescue of 19 Pakistani nationals from Somali pirates, thanks officers for making the nation safe
The Indian Navy hit headlines recently for rescuing 19 Pakistani crew members from Somali pirates. They were stranded in the middle of the Arabian Sea.
AI will become companion to creative process, not its master: Anand Mahindra
The chairman of the Mahindra and Mahindra Group said what ChatGPT does is aggregate data but what it doesn't do is capture what a human being has experienced and concluded about something.
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India Inc welcomes 2024: Anand Mahindra celebrates a 'new beginning', Harsh Goenka lists 11 changes he wants to see in India
Like us, the top bosses of India Inc. were also enthusiastic about 2024 and shared some messages of hope and positivity with their followers.
'Where will Hyderabadis now go on H-1B visas?': Netizens react to Anand Mahindra's post on Google's new Hyderabad campus
Mahindra group chief Anand Mahindra has commented on a video showcasing the construction of Google's largest office outside the US, in Hyderabad. Mahindra stated that the establishment of Google's office in a specific country is not just a commercial development, but also a geopolitical statement. Anand Mahindra's post on social media platform X garnered a response from numerous netizens, including some who made witty remarks.
As Delhi’s AQI crosses 400, Anand Mahindra urges farmers to use regenerative agricultural techniques for curbing pollution
A holistic approach to agriculture, regenerative agriculture combines land management, social justice, and environmental protection, along with boosting produce and generating profits.
New Tech Mahindra structure to help drive innovation, improve margins & growth: CEO Designate Mohit Joshi
Tech Mahindra's CFO, Rohit Anand, discussed the impact of the current demand environment on the company's operational drop and revenue. He mentioned that while deal wins have improved, it will take time for them to convert into revenue. Anand also highlighted the company's focus on defining its core areas of focus and continuing the cost and revenue restructuring exercise. CEO Designate, Mohit Joshi, emphasized the importance of service resilience, service line innovation, and improving margins in the company's new organization structure.
The King’s gambit: A chess academy goes online to find India’s next Grandmaster
From practising with peers to interactive sessions with titled players, from playing online to moving carved wood on a real board, Chessniti says it offers the most holistic chess learning experience.
Fundamental Radar: Clear advantage in maps, navigation makes CE Info Systems a good bet: Narendra Solanki, Anand Rathi
MapmyIndia (MMI) is an Indian technology company that builds digital map data, telematics services, location-based SaaS and GIS AI technologies.
Exclusive: New law on digital competition likely to regulate Big Tech; IT Minister Ashwini Vaishnaw on Data Protection Bill
Happy Thursday! The government is planning a separate digital competition law instead of tweaking the existing Competition Act to regulate Big Tech companies. This exclusive story and more in today’s ETtech Morning Dispatch.
Anand Mahindra floored by Bharat Mandapam, says earlier exhibition venue was source of embarrassment; Ricky Kej calls it 'world class'
The newly-constructed International Exhibition-cum-Convention Centre complex, Bharat Mandapam, in Pragati Maidan, New Delhi, designed with Indian cultural inspiration, has been inaugurated by Prime Minister Narendra Modi.
Will FY24 be a year of 2-3% growth or further decline for Tech Mahindra? Here’s what the management says
Tech Mahindra's profit dropped 39% in Q1. While it has been a challenging quarter, CP Gurnani, MD & CEO, remains optimistic and said there are "four facts" that will create better solutions: people investments, technology investments, deep customer relationships, and investment in communication and AI. Incoming CEO Mohit Joshi said the service lines were world-beating and added they will be developing a plan to address the challenging economic environment.
Cement likely to remain a sector which will over-promise and under-deliver: Anand Tandon
They themselves have not been able to raise prices because they are pushing volumes and their expansion continues apace. So they will be adding another few million tons in the next couple of years.
When billionaires Mukesh Ambani and Anand Mahindra had to book an Uber taxi
Anand Mahindra and Mukesh Ambani were part of India business delegation at India-US Hi-Tech Handshake event. The billionaires had to hail an Uber taxi when they missed the group shuttle bus to the next lunch engagement. Prime Minister Narendra Modi and US President Joe Biden had attended the event.
India-US Hi-Tech Handshake meeting: Anand Mahindra meets Sam Altman, discusses CP Gurnani's challenge
Anand Mahindra, a billionaire industrialist, attended the India-US Hi-Tech Handshake event at the White House, along with top leaders such as Mukesh Ambani, Sundar Pichai, Tim Cook and Satya Nadella. Mahindra found the meeting to be "refreshingly frank".
Coming together of Indian talent and US technology guarantees brighter future: PM Modi at meet of top CEOs
This is a great opportunity to take along President Biden's vision and capabilities and India's aspirations and possibilities, Modi said, thanking the US leader for his presence at the meeting. He referred to the development as "honhaar, shandaar, dhardaar" in Hindi and said it will pave the way for a new future.
Vision Pro mania grips India Inc: Anand Mahindra worries about 'zombies wearing headsets', Paytm founder Vijay Shekhar Sharma believes it can come with 'brain reading' ability
Apple unveiled its first-ever mixed-reality headset, Vision Pro, during the Worldwide Developers Conference (WWDC) 2023, with a price tag of $3,499. Users can control the fully 3D user interface with their eyes, hands, and voice.
'Hauntingly beautiful.' Anand Mahindra in awe of AI-generated video portrait of a girl ageing
Billionaire Anand Mahindra has shared a video on Twitter, showcasing a portrait of a girl that was generated using artificial intelligence and showing the ageing process from five to 95 years old.
Anand Mahindra calls Dhoni a 'superhero', wants Chennai Super Kings to add cape to cricketer's uniform
Netizens are using AI to make Mahindra's vision a reality.
Here's why Anand Mahindra thinks Twitter is a better search engine than Google or ChatGPT
The Mahindra Group boss discovered the reason why Twitter was able to achieve this title.
Anand Mahindra shares a photo of India's very own Chat GPT corner, see pic here
Anand Mahindra shared a picture of India's own “Chat GPT” corner on Twitter. The picture was also shared by Vijay Shekhar Sharma, founder of Paytm.
Tech Mahindra Q3 profit slides as demand cools; key Apple supplier making components for AirPods locally
Tech Mahindra reported a drop in Q3 profit on Monday due to a moderation in demand, subdued performance of its communications division and a surge in expenses. Indian IT service providers have reported a mixed bag of earnings so far.
Anand Mahindra shares a clip to alert users about AI-made videos
Anand Mahindra posted a video on Twitter that shows a warning film intended to illustrate the potential of artificial intelligence and how it may be used to deceive people through the generation of doctored information.
'Google is doodling with life': Anand Mahindra shares video on technology's dark side, netizens react
The Internet has changed our lives forever, but there is a dark side to it and at times the whole scenario appears scary to a great extent. Recently, Anand Mahindra, who is the Managing Director and Vice Chairman of the Mahindra & Mahindra Group, shared a video on Twitter highlighting the dark side of technology.
ETMarkets Management Talk | Recession will be followed by boom in Indian IT: Tech Mahindra CFO Rohit Anand
"My assessment of the current situation is that if there is a recession, the impact of a lurking US economic slowdown will possibly be seen for a short period here as well, only to be followed by a boom in Indian IT, as the value proposition of India for IT talent at scale is intact."
Tech Mahindra CFO on top 3 growth drivers and roadmap for Metaverse
"In the enterprise domain, technology and BFSI have been the major growth drivers for the current quarter. For us, the key focus for the upcoming quarter would be on telecom, 5G, and communication. We continue to see strong market demand for new-age technologies and we will continue innovating in the Data Processing Systems (DPS) & Business Process Systems (BPS) segments to further capitalize on this opportunity."
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