DIGITAL LEARNING SOLUTIONS
AI became the teacher of the year
AI is transforming the landscape of education as lecturers and EdTech platforms across the country utilise the technology for teaching, testing, and assessment. Generative artificial intelligence (AI) tools such as ChatGPT have found their way into Indian classrooms. However, AI also presents potential drawbacks. It may stifle creative thinking among young learners due to an over-reliance on technology.
Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 24%
If anyone had any doubt that both indices and broader markets are not in control of bulls, all those doubts were cleared on Friday. For the majority of the day, nifty was trading in red, thanks to the banking stocks and largely the HDFC Bank. But within minutes, Nifty changed its color to green and market breadth, which was already positive, gained momentum. So, while being bullish, stay alert and just make an attempt so that common mistakes of bullish markets are avoided. We look at stocks which have witnessed a continuous rise in their score in the last one month. These selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.
Martech jobs on the rise as digital avenues become prominent in marketing
Digitalization has permeated all sectors, including marketing, which is now adapting to significant shifts in consumer behavior through the rise of marketing technology (martech). Martech blends marketing with advanced software tools to gain consumer insights and track marketing performance, ensuring organizational growth.
Strong ER&D demand helps IT buck overall soft hiring trend
India's $250 billion IT services industry is facing sluggish hiring, but a bright spot is emerging in Engineering, Research & Development (ER&D). Demand for ER&D services is surging, driving a 15% increase in recruitment for these roles. Staffing firms report that tech companies are ramping up ER&D hiring to stay competitive in the global market.
NIIT appoints Pankaj Jathar as CEO
Jathar has experience in consumer-focused businesses, spanning e-commerce, startups and D2C ventures. He will be responsible for capitalising on new opportunities through the integration of GenAI to drive innovation and growth, the company said in a statement.
BFSI captives hunt for leadership talent
Executive search firms ET spoke to said candidates from product organisations are tapped for technology hiring, and for non-technical roles, domain and functional expertise remain paramount. Compensation ranges at around Rs 1 crore for those with 18-25 years of experience. For CFO roles, packages could be in the range between Rs 2-4 crores.
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Indian financial services sector is experiencing a significant upswing: Inventure Growth & Securities’ Kanji B Rita
India's financial services sector is poised for sustained growth. By leveraging the demographic advantage, embracing technological advancements, and prioritizing financial inclusion, a robust and inclusive financial ecosystem can be built, says Inventure Growth’s Kanji B Rita.
India can be the great link joining the largest population of developers to AI’s immense possibilities
India is projected to surpass the US as the largest software developer community by 2027, with the digital economy contributing significantly to its overall economy. AI tools are revolutionizing software development, leading to substantial gains in productivity. The country's focus on early education in programming and the promotion of open-source collaboration are key factors driving this growth.
Global Economic Summit 2024 to empower MSMEs through fintech solutions
India's fintech sector is set to host the 9th Global Economic Summit in Mumbai from August 8-10, 2024, focusing on 'FinTech: Accelerating the Digital Revolution.' The event features support from ONDC, DLAI, and Atal Incubation Centre - RMP, with notable speakers discussing evolving market trends and critical technologies.
ISB Online offers learning solutions to higher education institutions
The Indian School of Business (ISB) is expanding its ISB Online platform to serve a diverse range of learners, including undergraduate students, professionals, and executives, from various sectors. With plans to double their current learner base by FY24-25, ISB Online aims to enhance employability, improve teaching outcomes, and provide networking opportunities through flexible and self-paced learning options, as well as offering faculty development programmes for academic institutions.
Epicor webinar: Industry experts traverse Cloud ERP tailored for the automotive sector
Vishal Raj Saini, Country Head of Epicor Software India and Indian Subcontinent, discussed 'Implementing Cloud ERP' with industry experts at a panel by The Economic Times and Epicor.
RBI's proposed digital payments intelligence platform will mitigate frauds, say experts
The Reserve Bank's proposal to establish a digital payments intelligence platform aims to combat fraud and enhance consumer trust. A committee led by A P Hota will assess the creation of this platform, leveraging advanced technologies to mitigate payment fraud risks.
What’s fueling the shift in Indian investor behaviour?
India added $1 trillion to the stock market in less than six months, reaching a $5 trillion market cap. Retail investors, with a surge in Demat accounts, play a key role in enhancing market stability and resilience.
Indian Airlines ride AI: Human-like responses for passengers, lesser workload for agents
Artificial intelligence is transforming the Indian aviation industry, enhancing customer service and operational efficiency for airlines like Air India, IndiGo, and Akasa Air. From AI virtual agents handling diverse queries to AI chatbots with trillions of parameters, these technologies are streamlining processes and improving passenger experiences. The adoption of new-age technologies like AI and machine learning is on the rise across the industry, promising advancements in areas such as computer vision and data-backed decision-making.
How Jocata is helping financial services industry move from legacy systems to AI-powered solutions
Jocata’s low-code platform is driving the future of enterprise lending and embedded finance, says Prashant Muddu, Managing Director & CEO.
Bengaluru's Incluzza helps Google bring accessible gaming closer home
Project Gameface, is an open source, hands-free, on-device, AI-powered ‘mouse’ developed by Google that allows phones, computers to be controlled with facial expressions.
Aurum Analytica: Transforming real estate with Data Science and AI
Aurum Analytica, a data analytics firm in real estate, uses data science and AI. CEO Prakash Tejwani and co-founders Sahil and Vishal discuss the company's mission and growth.
AI could be the defining technology of our lifetime: Puneet Chandok, Microsoft India
I think it is already becoming part of daily life. For example, if you look at the co-pilots, which is an AI agent that Microsoft has across the Microsoft stack, it is part of my daily life. I start every morning by co-pilot, are there any urgent emails I should look at? Can you summarise all the chats? Can you summarise all my meetings and send the actions out? It is already a part of my daily life and it is very early. It is very-very early. These models are getting smarter every day, they are getting cheaper every day.
Tata Digital’s new team; Pine Labs’ India redux
Tata Digital chief executive Naveen Tahilyani has restructured the leadership team for the Neu super app. This scoop and more in today’s ETtech Top 5.
Senior-level IT services hiring in 2024 focuses on new-age skills
IT services and global market conditions impact senior-level hiring with pay hikes expected. Roles in finance, consulting, and program management are in demand. Companies hiring for roles like chief AI officer, delivery head-AI, and CFOs. Skills in cloud computing, machine learning, and data engineering are sought after. Gartner forecasts $5 trillion IT spending in 2024, with India's IT spending growing.
Out of school, into startups: Young founders are on the rise, ready to even pause studies to chase their entrepreneurial dreams
In 2023, Ayush Pathak and Aryan Sharma founded Induced, assisting businesses in automating workflows with AI. Apoorv Singh launched Connect AI with Asta. Himanshu Rajpurohit's startup, Strangify, provides corporate mental health solutions. Dyumna Madan's ProjectClay helps students find career paths.
To AI or not to AI? Why artificial intelligence deciding your loan application makes regulators nervous
AI & ML are now ubiquitous in banks and financial institutions as it helps the companies improve credit assessment and reduce frauds. Though these models have some risks — and the regulators are rightfully concerned — the good news is these can be resolved without much trouble.
We have lots of tailored solutions for MSMEs to drive efficiency and cut costs: Bar Code India's Ram Bhutani
Bar Code India (BCI) claims to leverage over 25 years of expertise to deliver cutting-edge software and hardware solutions that enhance supply chain and manufacturing operations. At the core of BCI's unique selling propositions are its indigenous products like RFID readers and IoT sensors.
Shiprocket to upskill 100,000 Indian MSMEs through e-commerce learning
The Shiprocket Growth Academy aims to foster a thriving community where sellers can connect, share valuable insights and learn collaboratively.
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.
Best Weighing Machines in India: Smart Weighing Solutions
Are you looking for the best weighing machines in India? If yes, continue reading this article to learn about the best body weight machines that you can find on Amazon, one of the best e-commerce websites in India. All of these options are carefully picked and put in this article to help you find the best machine for your home.
Expand SDGital Solutions: Leveraging DPI for global problem-solving
Digital Public Infrastructure (DPI) emerges as a crucial tool for solving complex global challenges. The Global Fishing Watch, a DPI platform, tracks illegal fishing, demonstrating how interoperable digital systems can address issues like biodiversity, climate, and food security. A G20 India report advocates for DPI's potential to accelerate progress across all 17 Sustainable Development Goals (SDGs). While DPI offers transformative solutions, challenges like inclusivity, data protection, and privacy concerns need addressing for its full benefits to be realized.
CredAble, Aditya Birla Finance Limited announce financing solutions for MSMEs
CredAble has now designed a multi-faceted digital underwriting solution that combines case management, intelligent workflow, credit risk and decisioning support systems.
Tailwinds propelling India; bullish about prospects, says Punit Renjen
India is incredibly important for German multinational software company SAP SE, said senior company officials here on Tuesday.
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