Commercial banks and insurance companies, even as they aim to...
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Economic Survey pegs India’s GDP growth rate at 6.5-7 pc for 2024-25
India’s economy carried forward the momentum it built in FY23 into...
Need to focus on improving airlines viability; ensure environmental sustainability: Eco Survey
"The aviation industry in India is on the cusp of unprecedented...
Researchers at IISER develop low cost AI-enabled ‘crowd and mask’ monitoring system
Aimed at preventing the spread of COVID-19, the ‘Crowd and Mask’ monitoring system will help in maintaining a minimum three-feet distance among students. As the institute begins the process of bringing students back on campus, the AI monitoring system will replicate manual policing, officials said.
After losing a company to COVID, owners seek the next gig
It’s not known how many small businesses have failed in the pandemic, but different estimates all show devastation. Based on a projection last spring by the National Bureau of Economic Research, the number is likely well into the hundreds of thousands. Data from the work scheduling software company UKG shows that about one in six small businesses have closed their doors since the pandemic began. And the National Restaurant Association, a trade group, said 17% of U.S. restaurants, or more than 110,000, had permanently shut by Dec. 1; it’s likely that many were small or mid-sized businesses.
Being more transparent, giving users more control can help build trust in tech: Facebook
”When individuals trust the internet, they will participate more freely…It is also very crucial to protect this segment of the population (new users) from fraud and loss of data because such incidents can materially set them back and undo any progress that they might have made in their digital journey, and then getting them back online requires a disproportionate effort,” Kudva said.
India not close to herd immunity yet, threat of 2nd wave lingers: Experts
Raman Gangakhedkar, former deputy director of ICMR and an epidemiologist, said: “So far, we are not close to herd immunity (which means 75 per cent of the population has been infected by the virus). Sero survey showed that merely 22 per cent people were infected. Therefore, a large part of the population is still vulnerable.”
Over 90% of tech employees continue to work from home: Azim Premji
Addressing an interactive session hosted by the Bangalore Chamber of Industry and Commerce, Premji said the IT industry and the government have appreciated the value of a permanent hybrid model where people would work partly from office and home even after the end of the pandemic.
Social media can topple govts, working on a law to regulate it: Ram Madhav
“We require new rules and laws to tackle and manage. The government is already working in this direction,” Senior BJP leader Ram Madhav said
CPSE strategic sale: Govt makes security clearance mandatory for bidders
According to the performa, any interest of more than 10 per cent in the bidding entity would require disclosures of parentage and beneficial ownership to get a security clearance.
In case the acquirer is a sole bidder, then it has to share with the government details, like nationality, address, parentage, unique ID number of the country of residence and passport number, of its directors and partners.
Also a self-declaration regarding the nature and extent of presence/operation of the bidder in China and Pakistan, if any would have to be provided by them.
Govt may consider privatising Oriental Insurance or United India: Report
Both Oriental Insurance and the Chennai-based United India Insurance may be able to generate interest from the private sector because of their improved financials, sources said.
The process of choosing a suitable candidate for privatisation has just started and will take some time to decide, sources said while not ruling out the possibility for listed New India Assurance, where government stake stands at 85.44 per cent.
Max Life outpaces pvt life insurance industry in Apr-Dec, expects over 11 pc biz growth in FY21: CEO
”I think digital is the way forward. For a large organisation, it is extremely important to remain close to customers during COVID-19 times. You make extra efforts to remain in touch with the customers, serve the customer, digitise the customer, continue to communicate again and again. So, that has helped us,” said Max Life Managing Director and CEO Prashant Tripathy t
Plane With 200+ Passengers On Board Suffers engine failure, lands safely
A video shot from inside the aircraft — which had 231 passengers and 10 crew onboard — showed the right engine ablaze and wobbling on the wing of the Boeing 777-200, its cover entirely missing as the aircraft flew over a barren landscape.
There were no injuries on the plane or on the ground, authorities said.