Data Analytics

Revenue Secretary Arvind Shrivastava on Tuesday said countries need to work towards ensuring strong data confidentiality systems and also make sure that information shared under international standards is used effectively. He said jurisdictions globally must also adapt to new challenges, including digital economy taxation and crypto asset reporting frameworks, which will need both technical innovation and coordinated action. "Looking ahead we must continue to deepen beneficial ownership transparency, ensure strong data confidentiality systems and make sure that information shared under international standards is used effectively," the secretary said addressing the 18th Global Forum Plenary meeting here. Shrivastava said over the years, the Global Forum has enabled a transformation in the global tax landscape from banking secrecy and limited cooperation to transparency and information exchange. "The work of the Global Forum continues to evolve and India stands ready to contribute ..

RBI Deputy Governor Swaminathan J says fintech growth and technological interconnections require strong digital governance to prevent systemic vulnerabilities

AI, data analytics, and sport medicine help athletes to monitor and improve their performance. Advanced technologies encourage spectator engagement at events

Zepto Atom will offer brands hyperlocal insights, predictive analytics and full-funnel consumer behaviour data, aiming to disrupt India's ₹1,000 crore analytics market

The centre is expected to scale to a headcount of 1,000 information technology and data & analytics professionals by March 2026

Tredence, which is backed by Advent International and Chicago Pacific Founders, has raised $205 million since its inception in 2013

Kipi, based in the US, provides strategy, execution, and managed service capabilities across data engineering, advanced analytics, and data science

The focus will be on habitual violators, cases showing significant gaps between tax deductions and advance tax payments, instances involving frequent revisions to deductee details

Moody's forecast an annual adjusted profit of $14 per share to $14.50 per share, above analysts' estimates of $13.58, according to data compiled by LSEG

At the AI Action Summit Paris 2025, AI4India and the Center for Policy Research and Governance (CPRG) will co-host a pivotal panel discussion, 'Data for Development: Building AI in the Global South'

Big corporates are likely to lead the way in adopting new-age technology such as AI, data analytics, and cybersecurity solutions for improving their bottomline, a report said. The demand for technologies such as AI, data analytics, and cybersecurity solutions is expected to grow significantly and larger businesses are likely to lead the way in adopting these tools, given their greater capacity for investment, as per the latest Business Technology Report published by CPA Australia. The report highlighted numerous benefits that technology adoption brings to business, particularly in improving cybersecurity and the customer experience, and enhancing employee skills and satisfaction. It also emphasised the importance of integrating technology to address emerging challenges, particularly in ESG. "Businesses should focus on expanding their use of technology to monitor emissions, improve supply chain transparency, and engage with stakeholders effectively. This will not only enhance ...

LatentView Analytics Ltd reported a consolidated profit after tax of Rs 42.6 crore for the October-December 2024 quarter, the company said on Friday. The city-headquartered global data analytics company recorded a profit after tax of Rs 46.5 crore during the corresponding quarter of the previous financial year. For the nine months ending December 31, 2024, consolidated profit grew to Rs 122.24 crore from Rs 113.4 crore in the year-ago period. Total income for the quarter ending December 31, 2024, rose to Rs 242.5 crore from Rs 188.6 crore in the corresponding quarter of the previous financial year. Total income for the April-December 2024 period stood at Rs 670.3 crore, compared to Rs 526.9 crore in the year-ago period. LatentView Analytics Chief Executive Officer Rajan Sethuraman, commenting on the October-December 2024 results, said, "We are pleased to announce our eighth consecutive quarter of revenue growth, with a 9 per cent quarter-on-quarter and 37.5 per cent year-on-year .

Sources who attended these meetings also said that OpenAI executives wanted to understand India-specific use cases

A committee, comprising officials from commerce and finance ministries, has been formed to create a mechanism for publishing consistent and accurate data

Electric vehicle maker Kinetic Green Energy and Power Solutions on Monday said it has forged a technical collaboration with Jio Platforms Limited's subsidiary JioThings to launch a suite of digital display platforms and analytics. As part of this collaboration, Kinetic Green is unveiling an innovative Smart TFT-based digital and connected display platform to revolutionise the riding experience for its consumers on its E2W platforms, the company said. This advanced display integrates essential features, including real-time navigation, notifications for incoming calls, and information on nearby charging stations, Kinetic Green Energy added. The collaboration will also introduce key features like a built-in Bluetooth and telematics-enabled device to ensure seamless connectivity. This allows users to monitor and manage essential vehicle functions through their smartphones. Riders can access information on navigation, speed, battery charge status, and distance to empty, creating a highl

RBI is working towards creating a robust data analytics ecosystem to support its supervisory functions, ensuring that the approach remains forward-looking and agile in a rapidly changing world, central bank's Deputy Governor Swaminathan J has said. Addressing 'High-level Policy Conference of Central Banks from the Global South' here last week, he said the supervision of banks and financial institutions is a relatively recent development - dating back around 50 years. However, the concept of overseeing banks is embedded in the very foundations of central banking. From the early days, central banks have fulfilled their role as the lender of last resort, ensuring that financial institutions remained solvent and protected against systemic crises, Swaminathan said. The senior RBI official further said that to build financial resilience, supervision must be proactive, continuous, forward-looking and risk-focused. An effective banking supervision system requires the supervisor to maintai

JSW Ventures, an arm of diversified conglomerate JSW Group, on Monday said it has picked up a stake in drone technology entity Aereo for USD 1.8 million. Aereo uses drone technology and AI-driven data analytics to help clients in asset management in sectors including mining and infrastructure, a statement by JSW Ventures said. The company raised the funds as part of Series B funding round. Aereo, which is delivering operating profits, will be utilising the funds for strengthening its offerings and also expanding into international markets, it said. The company has helped the government map over 45,000 villages over the last three years and cover more than 50,000 square kilometer for the Digital India Land Record Modernization Program (DILRMP), the statement said. Aereo Co-founder and chief executive Vipul Singh said JSW's trust and support is a strong testament to its approach, and its mission to transform asset management through drone technology. JSW Ventures' managing partner .

Digital navigation firm MapmyIndia founders have set up new entity ClarityX, which will operate in the domain of AI-based data analytics and consulting services, a top company official said. MapmyIndia Co-Founder and CMD Rakesh Verma, who has founded the new firm, revealed that MapmyIndia initially started as a data analytics company and with ClarityX, the founders want to start afresh with their vision around the data analytics and consulting services associated with it. "In the 90s when we started MapmyIndia, it was initially in the business of data analytics but the navigation part picked up well. "We are now setting up an AI-driven data analytics and consulting company ClarityX which is independent of MapmyIndia, and will provide to all enterprises, including MapmyIndia as a partner," Verma said. Further, he said, "MapmyIndia does not hold any stake in ClarityX." ClarityX has started operations in partnership with MapmyIndia. "We see ClarityX as an Indian alternative to globa

For the US-based enterprise software company Planview, its India centre is not just a digital twin but a digital next generation

Rajaram will lead Elastic's business strategy and growth in India, drive customer satisfaction, and focus on building strong regional partnerships, said the company in an announcement