Page 2 - Data

Toyota apologises after 2.15 mn customers' data exposed for a decade

As connected cars become mainstream globally, Toyota has issued an apology after it discovered that millions of customers' partial data was made public due to misconfiguration of the Cloud environment

TVS Credit to focus on enhancing leveraging data, technology for experience

Non-banking finance company TVS Credit Services Ltd would emphasize on enhancing customer experience, leveraging data and technology, a top official has said. The company has reported 76 per cent rise in its net profit for the quarter ending March 31, 2023 at Rs 111 crore. For the year ending March 31, 2023 the net profit grew by 221 per cent to Rs 389 crore as compared to last year. "We are closing FY23 on a strong note, with significant growth witnessed in disbursements across the products." company CEO Ashish Sapra said. "With an expanding customer base of over one crore, our emphasis will remain on enhancing the customer experience, leveraging data and technology," he said. The company had registered total income for the quarter ending March 31, 2023 at Rs 1,236 crore while for the year it was at Rs 4,160 crore. Assets Under Management as of March 31,2023 was Rs 20,602 crore, registering a 48 per cent rise over last year. In a statement, TVS Credit said it continued to maint

The rise of data annotation as firms look to create own versions of ChatGPT

The demand for experts who ensure that AI models are free of bias is exploding

G20: Working group meet calls for paperless international trade

An official statement said digitalisation of international trade could be an effective solution towards achieving cost reduction in trade and trade finance

China plans to create a central agency to manage the flow of data: Report

Chinese officials have in recent years emphasised the need to strengthen their control over the valuable data generated by swaths of the economy, including its internet industry

Web Werks - Iron Mountain JV launches its First Greenfield Data Center in Mumbai

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Unlocking Business Growth in India with 360-Degree Risk Assessment: Government Holds Key to Data Implementation

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What is low base effect?

India's GDP growth fell in the negative zone in 2020. The next year, growth numbers threw a surprise. The sudden jump in GDP growth was due to the previous year's low base. Let's know more about it

Draft on data anonymisation missing from website week after release

Documents were to be open for public comments till September 21, civil society groups protest 'removal'

Railways floats tender to monetise customer data, may withdraw it: Report

The Railways has floated a tender to hire a consultant to monetise its passenger and freight customer data with the aim to generate revenue up to Rs 1,000 crore, but sources said it may be withdrawn amid concerns over privacy issues. While many on social media, including advocacy groups have raised concerns over violation of data privacy issues, government sources have clarified that the consultant would advise the Indian Railway Catering and Tourism Corporation (IRCTC) on steps to improve its existing business and plan strategies to monetise future opportunities. While the Railways has not officially commented on the tender, highly placed sources said it will be withdrawn "considering the fact that the Data Protection Bill has not been finalised". According to the tender document, the data to be studied will include information captured by the transporter's various public facing applications such as "name, age, mobile number, gender, address, e-mail ID, class of journey, payment ..

Governance policy will ensure fair access to non-personal data: MeitY

Draft plan focuses on improving institutional framework for government data sharing and principles on privacy

SpiceJet postpones March quarter results after ransomware attack

Company postpones quarterly results scheduled on May 30

Sebi to join Account Aggregator ecosystem, says Chairperson Madhabi Buch

AA ecosystem is a UPI moment for the lending ecosystem as it will allow sharing of data seamlessly and fast and without the need for physical documents.

The carbon cost of data

It is estimated that the cloud industry consumes more power than many nation states, and it is a bigger emitter than the global aviation industry

Mini data centres are gaining global stature

Several players are planning to invest in small and large data centres in India, as computing and data demands rise

BS Number Wise: Govt's data website is a hard ask for information

Portal data.gov.in is difficult to negotiate and it is outdated, defeating the purpose of understanding economy and policy

BS Number Wise: Why public data needs to be accessible, free and reliable

Trustworthy data, then, should be a resolution for 2022

Sebi restructures its advisory committee on market data

Sebi has restructured its advisory committee on market data that recommends policy measures pertaining to areas like securities market data access and privacy. Rejigging its market data advisory committee, Sebi has said the panel will now be chaired by S Sahoo, Professor at National Law University, Delhi and former chairperson, Insolvency and Bankruptcy Board of India (IBBI), as per the latest information with the regulator. The 20-member committee was earlier headed by Madhabi Puri Buch, ex-whole time member of Sebi. Apart from Sahoo, the panel has CEOs of stock exchanges and depositories, representatives of various stakeholders and senior officials of Sebi as members. Members of the committee include Ashlesh Gosain, Regional Head South Asia, Bloomberg LP, Mumbai; Reena Garg Scientist F & Head (Electronic & Information Technology Department) at BIS; Kiran Shetty, CEO and Regional Head - India & South Asia at SWIFT India; Ganesh Ramakishnan Professor, Department of ...

Intel launches Intel Unnati Program to set up 100 data centric labs in 1 yr

The idea is to bring academia and industry together to address skills gap in the new age technologies

Location-tech firm Locale.ai raises $1.3 mn from Chiratae, Better Capital

Locale.ai works with customers like Bounce, Dunzo and Omni, a Costa Rican taxi firm, to deliver insights and analytics on their location data.