Page 6 - Digital

'New Economy' firms to be India's growth engine, says HSBC

The two new economic engines stand to gain from India's large, young labor force, as well as from global changes, HSBC analysts said in a report to clients.

Future Consumer focusing on Digital First model across brand activities

The company said it believes that "habits formed in current times will tend to remain in the long term as well".

Bandhan Bank to invest in digital capabilities as a part of Vision 2025

Speaking at the sixth foundation day programme of the bank, Ghosh said the bank will also leverage machine learning and artificial intelligence.

'Firms behind in digital goals, even as pandemic caused productivity loss'

The survey was conducted among business leaders across 750 enterprises globally, across 11 countries and classifies them into three distinct categories as per their digital maturity stage.

Digital deals propel IT revenues; higher salaries to dent profits in FY22

Indian IT services companies are likely to post a 9-12 per cent revenue growth in USD terms in FY22, helped by the strong demand for digital deals, a report said on Tuesday.

Tata Teleservices, Zoom partner to provide bundled communication services

Tata Teleservices will leverage Zoom's robust and secure platform to address the growing collaboration requirements of Enterprises for seamless unified communications

Digital and soft skills equally important for jobs of the future: Oracle

Says pace of skills transformation is slower than the pace of digital transformation in India, as is the case in several countries across the world

PSBs in talks for creating common digital infrastructure platform

Will set up a corporation to enable enhanced access to customers and businesses for credit offerings. This is in line with govt steps to boost digital banking and promote digital lending

'Edtech sector witnesses surge in demand for digital skills'

Edtech sector has witnessed a 90 per cent surge in demand for digital skills amid the pandemic, according to TeamLease Edtech.

India Inc must build digital ethics into its business model: Deloitte, BCIC

Paper cites example of cab aggregator services, where user behaviour and travel patterns ostensibly recorded to improve user experience are actually used to extract more out of the customer

Performance for survival: Rambo Circus' story of resilience amid Covid-19

Maharashtra's Rambo Circus not only survived Covid-19, the lockdown and a cyclone, but it also became one of India's first circuses to perform virtually

Fully digital single-window clearance for businesses soon: Piyush Goyal

Production-linked incentives for 12 sectors like APIs and electronics soon

Ravi Shankar Prasad to address G20 Digital Minister's meeting today

Union Minister of Information Technology Ravi Shankar Prasad is scheduled to address the G20 Digital Minister's meeting

Digital architectures expanding reach of credit to MSMEs: RBI Governor

"The need is to have a right set of policies and enabling framework which guide and support MSMEs to effectively handle their existing problems and venture into new areas," Das said

Wipro arm acquires Rational Interaction to enhance its digital offerings

Founded in 2009, Rational Interaction is headquartered in Washington state with 300 employees and offices in Seattle, Bellvue, Dublin and Sydney

NEC looks to tap smart digital space in India, eyes $1 bn revenue in 5 yrs

Besides, the IT solutions provider is betting big on the cyber security segment in view of ever-rising incidents of cyberthreats

Business sans AI, Big Data: Themes that will dominate consumer trends ahead

At one level, human beings are essentially the same, globally. At another level, each individual is different.

Northeast to get Rs 100-bn digital boost on 415 projects by 2022

The objective is to provide broadband to all gram panchayats or equivalent local bodies through optical fibre

The business of consulting

The digital darlings represent the school of creative disruption

Consumer goods majors push e-payments after note ban

After getting hit by last November's note ban, with much loss of sales, prominent consumer goods companies are now promoting cashless transactions.Nestle, PepsiCo and Samsung are examples of the recent trend, of either streamlining internal transactions through the digital mode or luring consumers with an integrated mobile payments platform.Fast moving consumer goods (FMCG) entity Nestle India had lost an estimated Rs 100 crore in retail sales at the least during the December quarter, after demonetisation. It has partnered with National Payments Corporation of India (NPCI) to educate and enable its retailers to adopt the digital mode of transactions. "We are actively encouraging retailers to come out to digital platforms. All our partners, HDFC Bank, NPCI (are being involved) to ward off the fear among traders on the digital mode. We are playing the role of a positive facilitator," Suresh Narayanan, chairman of Nestle India, told this newspaper.Nestle's focus would remain skewed ...