DATA PRACTICES
Thirst Trap: Water sustainability issues loom over India's booming data centre industry
India's data centre industry is booming, driven by significant investments from companies like Adani Enterprises. However, this growth raises concerns about the substantial water consumption needed for cooling in water-scarce cities. Operators are adopting alternative cooling technologies like air-cooled chillers to reduce water use. Despite these efforts, India lacks a national policy on data centre water usage. Experts call for sustainable practices to balance industry growth with water conservation.
Artificial Intelligence helped to find a vast source of the copper that AI needs to thrive
KoBold is pumping $2.3 billion into its first mine and is negotiating tricky partnerships with contractors and governments alike. It is relying on the U.S. government to finance a new railway to export the copper.
How Indian data centre operators are mitigating AI power consumption woes
Indian data centre operators are racing to reduce the massive power consumption of AI infrastructure. As the country prepares to acquire 100,000 GPUs by 2024, concerns over sustainability and environmental impact are mounting.
India's PMI surges in June, steel and services sectors drive economic growth: SBI
In June 2024, India's manufacturing sector saw a surge in the Purchasing Managers' Index and hiring activity, while the Eight Core Industries Index expanded by 6.5%. Steel demand boomed, driven by real estate, but auto sales slowed. The services sector excelled in digital payments, with strong domestic and international sales growth. Power consumption and UPI transactions also hit record highs, indicating a robust economic landscape for India in FY25.
Ethical Hacking Skills: A must-have for freshers entering the modern employment landscape
Freshers can boost their employability in cybersecurity by acquiring ethical hacking skills. With a talent shortage in the field, opportunities abound for roles like Penetration Tester and Security Analyst. Entry-level salaries range from ₹3,00,000 to ₹5,00,000 per annum in India, with growth potential to earn up to 30 lakhs per annum for senior-level hackers.
RBI cancels registration certificates of 2 NBFCs for irregular lending practices
Hyderabad-based Star Finserv India was offering the service under 'Progcap' (owned and operated by Desiderata Impact Ventures Private Limited). Polytex India, headquartered in Mumbai, was providing services under the 'Z2P' mobile application (owned and operated by Zaitech Technologies Private Limited).
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How the stag beetle became the world’s most expensive insect and how much it costs
The stag beetle, one of the world's most expensive insects, can cost up to Rs. 75 lakh due to its rarity and perceived luck-bringing qualities. These insects thrive in warm climates, feed on sweet liquids and dead wood, and have a lifespan of 3 to 7 years. Their unique physical traits and roles in forest ecosystems make them highly valued, with applications even in medicinal practices.
EU vs Big Tech: the cases keep mounting
European regulators have launched a series of probes into Big Tech. In the latest move, the European Commission asked Amazon for more information on its compliance with the Digital Services Act (DSA), which requires Big Tech players to do more to tackle illegal and harmful content on their platforms.
Global experts, CISOs, founders to converge at Accel Cybersecurity Summit in Bengaluru on July 25
The summit comes when India's cybersecurity landscape is witnessing remarkable growth, and demand for products and services is rising at a fast clip. Accel has been operating in India since 2008. The global venture capital firm said, "Accel is set to host India's largest Cybersecurity Summit in Bengaluru,"
AI is learning from what you said on Reddit, Stack Overflow or Facebook. Are you ok with that?
Some longtime users have attempted to erase their previous contributions or transform them into nonsense, but their efforts have not yielded significant results. A few governments, such as Brazil's privacy regulator on Tuesday, have also attempted to intervene. Meta has also encountered resistance in Europe, where it recently put on hold its plans to start feeding people's public posts into training AI systems
Headphone culture: Why Alka Yagnik’s advice should not fall on deaf ears
In the wake of the Bollywood singer’s revelation that she was diagnosed with sudden hearing loss, doctors caution against listening to high-decibel music using headphones for a long duration
Quant Mutual Fund front-running case: What is it and should investors be worried?
Sebi's investigation into front-running at Quant Mutual Fund has investors worried about the fate of their investments due to leaks of confidential information for illicit profit.
View: India's pharma giants set sights on superior quality standards
India, known as the 'pharmacy of the world,' ranks third in global drug production and supplies vaccines to over 200 countries. With a target to reach $120-130 billion by 2030, maintaining high quality is crucial. Focus areas include robust investigations, skilled workforce development, and embedding quality in product development. India faces increased scrutiny from global regulators, necessitating adherence to stringent quality standards. Recent moves by CDSCO aim to streamline drug export licensing. Upholding quality is key for India's pharmaceutical industry to remain a reliable global supplier.
Steward leadership may be the formula for organisations to have holistic ESG practices
Sustainability and ESG practices are crucial in corporate boardrooms, with a warning against greenwashing. Rajeev Peshawaria defines ESG greenwashing as deceptive efforts to appear responsible without substantial changes. Companies must avoid token ESG efforts and focus on genuine sustainability initiatives.
AI Express union flags concerns over charge sheet to cabin crew; says move unfortunate
Air India Express has charged 200 cabin crew members for reporting sick amid significant operational disruptions last month, which the Air India Express Employees Union (AIXEU) calls an unfair labor practice. The union, claiming prior issues were settled through conciliation, warns that such actions could harm the airline and passenger interests.
On World Environment Day, Anant Ambani's Vantara unveils a powerful celebrity campaign, pledges 1 million trees annually for a greener tomorrow
Vantara, founded by Anant Ambani, launches a video campaign with top celebrities on World Environment Day to promote environmental conservation.
India's governance model an example for the world: PM Modi
Prime Minister Narendra Modi, in a blog post on Sunday, highlighted India's governance model as an example for the world. He praised the nation's achievements in lifting 25 crore people out of poverty and implementing innovative practices of good governance. Reflecting on his recent spiritual break in Kanyakumari, the PM recalled his election campaign journey from Meerut to Hoshiarpur, emphasizing the transformation in political discourse post-election.
India Inc doubles down on getting the gender mix right
Naina Lal Kidwai, chairperson of Rothschild & Co, who is also on the board of directors of Biocon and UPL, said one of the big factors fuelling this change is ESG reporting. Companies, especially the larger ones, are seeking ratings from global firms like Moody’s where one of the questions being asked is around diversity and inclusion. Indian companies also need to disclose Business Responsibility and Sustainability reporting besides adhering to integrated reporting where ESG etc, is being integrated into annual reports.
What are Indian consumers most hassled about?
India's top 1,062 listed companies cumulatively received over 48.4 million consumer complaints in FY23, 14% lower than in FY22, showed data sourced from Prime Database. Disclosing the number of customer complaints forms part of the business responsibility and sustainability reporting (BRSR) framework that is mandatory disclosure for the top 1,000 listed companies from FY23.
Poll manifesto promises won't amount to corrupt practice: SC
The observation was made by a bench of justices Surya Kant and KV Viswanathan on a plea filed by a voter from Chamrajpet assembly constituency in Karnataka. The petitioner had challenged the election of Cong candidate BZ Zameer Akhmed Khan.
ChatGPT Effect? 7,000 IIT students still jobless as placement season ends; Institute sends SOS to alumni for help
Over 7,000 IIT students remain unplaced as the 2023-24 placement season ends. IIT Delhi, IIT Bombay, and BITS are seeking help from alumni to secure jobs for these graduates. Economic factors and technological advances, such as the rise of ChatGPT, have contributed to the decline in placements, with many companies adopting a cautious hiring approach.
University of California academic workers strike to stand up for pro-Palestinian protesters
Graduate students at UC Santa Cruz joined a systemwide protest against the university allegedly violating the speech rights of pro-Palestinian advocates. United Auto Workers Local 4811, representing 48,000 graduate students, initiated rolling strikes across the 10-campus UC system. The union demands amnesty, divestment from Israel-related investments, and filed unfair labor practice complaints.
DGFT conducting study to identify and align best global practices in trade finance
The Directorate General of Foreign Trade (DGFT) is exploring global trade finance practices to align with India's future needs. Over 2.5 lakh bank realisation certificates (BRCs) have been self-generated under the revamped eBRC system, boosting ease of doing business. Stakeholders emphasize the importance of data flow in export credit and aim to enhance the trade finance ecosystem in India.
How AI and data can bring another green revolution in India
India faces environmental challenges in agriculture, but AI offers transformative solutions. Precision farming, empowered by AI and big data, optimizes resources and boosts yields sustainably. With satellite data and predictive analytics, farmers make informed decisions. AI aids resource management and environmental conservation, but widespread adoption requires collaboration. Farmers' active engagement with data transforms them from beneficiaries to contributors, ensuring a sustainable agricultural future driven by technology.
Microsoft hit with Spanish startups' complaint about cloud practices
The US tech giant ranks second in the cloud computing sector, behind market leader Amazon but is expected to close the gap rapidly as a clutch of generative AI features powered by OpenAI's technology attract business users.
Mastering data analytics for business
IIT Delhi's Certificate Programme in Data Analytics equips professionals with practical skills through immersive learning experiences. The program emphasizes academic excellence, hands-on learning with real-world datasets, and industry recognition, preparing participants for data analytics roles.
Biden administration pursuing TikTok over data practices: report
Earlier in March, the U.S. House of Representatives overwhelmingly voted to pass a bill giving ByteDance about six months to sell the U.S. assets of the app, or face a ban.
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