Page 9 - Digital Technology

CCI chief calls for devising new tools to check anti-competitive practices

Competition Commission of India acting-chairperson Sangeeta Verma on Monday said fair-trade watchdogs need to devise new tools and develop innovative perspectives on the application of the existing instruments amid rapidly evolving digital landscape. Against the backdrop of the rapidly changing and evolving digital landscape that is posing new challenges for competition law enforcers and questioning the traditional parameters of competition regulation, she highlighted the need for competition agencies to develop innovative perspectives on how to apply the existing instruments suitably and devise new tools. She was speaking at the fifth edition of EU-India Competition week. Verma said that the technical cooperation programme has provided a platform for dialogue and exchange of good practices between competition authority officials and experts from the EU and India. The fifth EU-India competition week, to be held from December 5-7, was inaugurated at Competition Commission of India's

Women, rural poor, unemployed lagging due to digital divide: Oxfam India

The report revealed a digital divide based on employment status, where 95% of the salaried permanent workers have a phone whereas only 50% of the unemployed have a phone in 2021

TCS secures contract to develop UK's rail data marketplace

The digital marketplace will bring together fragmented sources of rail data into one digital service, to accelerate innovation in the transport sector and enhance the passenger experience

BPM solutions provider WNS opens second delivery center in Visakhapatnam

The new center will further strengthen WNS' existing capabilities in delivering digital-first industry-specific solutions for diverse industries, including Shipping and Logistics, etc

E-marketplaces projected to see enterprise value zoom over 3 times

The report projects that the enterprise value of the companies would go up from $150-200 billion currently to $500 billion by 2027

Fintech lenders align business model with RBI's digital lending norms

The RBI came out with the guidelines on digital lending in September and gave time until November 30 for players to comply with the 'existing loan' category

Digital economy to create 10 million in 2 years: Ashwini Vaishnaw

Start-ups leading technology development, can emerge from small villages even: Minister

Meta pledges $1 mn for extended reality fellowship programme in India

Initiative will help developers contribute to open-source projects on XR technology and lay the foundation for affordable, appropriate India-specific solutions localised to Indic languages

HCLTech signs multi-year contract with Swiss MRO firm SR Technics

HCLTech's role is to digitally transform the Swiss company's business, will implement a new greenfield SAP S/4HANA environment hosted on Microsoft Azure using RISE with SAP

Human creativity finds new AI expression, but debate rages on future of art

Some now claim AI is the future of art. Others pooh-pooh the very idea. Yet others believe AI would be just another expression of human creativity

Aversion to the cloud for engineering operations is fading, shows data

Cloud adoption for engineering and manufacturing grew 2.5x times vis-a-vispre-pandemic levels

What layoffs? Ronnie Screwvala-led upGrad on a hectic expansion spree

In a studied contrarian move, the Ronnie Screwvala-led edtech company is on a hectic expansion spree

India's requests to Meta for user data up slightly at 55,497 in H1 of 2022

Requests from governments across the globe for user data were up 10.5% to 237,414

India fast emerging as leader of technological change in geospatial sector

India is fast emerging as one of the most important leaders of technological change, especially in the arena of digital technology and other frontier technologies

Companies can add $460 bn to profits with better AI implementation: Study

three things companies need for these gains are improved data practices, trust in advanced AI, and AI integration with business operations

Type-C charging port for all devices: Stakeholders agree to phased rollout

Stakeholders have agreed to a phased roll-out of a uniform charging port for effective implementation and easy adoption so that the same can be applied by the industry and adopted by consumers

India has democratised technology to fight poverty, says PM Modi

New demographic joining information superhighway, he says at Bengaluru Tech Summit

Need to expand benefits of digital technology across the globe: PM at G20

"But these benefits will be realised only when the digital access is truly inclusive and when the use of digital technology is really widespread"

Amazon plans to make changes to Alexa and unprofitable businesses

Cost-cutting measures: Tells workers at unprofitable arms to look for jobs elsewhere

Will realise $1-trn digital economy goal in 5-7 years: Rajeev Chandrasekhar

The Minister of State for Electronics and Information Technology said that despite the deep disruption caused by the pandemic, India as a nation has emerged stronger