news

TCS to carve out a new brand identity for its artificial intelligence product Ignio
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Indian born TCS, which is a global leader in IT Services, Consulting, Technology and Digital Solutions, is now gearing up to create a standalone product brand for its artificial intelligence (AI) product Ignio.The Mumbai headquartered company, which is a subsidiary of the legendary Tata Group and currently operates...
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Over the last couple of years, Chinese e-commerce giant Alibaba has been slowly but steadily making its presence felt in the Indian startup ecosystem. In the recent development, the online food ordering and restaurant discovery firm Zomato is in advanced talks to raise up to $200 million...

According to two sources familiar with the deal, Paytm is in talks to acquire Little Internet, which runs the deal discovery app Little. As per the ET report, the key reason for this acquisition is that Paytm wants to...
Rahul Gandhi To Give Lecture on AI in Silicon Valley
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Congress' so-called knight in shining armour vice president Rahul Gandhi is all set to fly to United States next week where he is most likely to share his viewpoints on Artificial Intelligence (AI), the intelligence exhibited by machines, rather than humans or other animals.According to party sources, the...
IDRBT
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The year began with India's central bank RBI’s research arm, the Institute for Development & Research in Banking Technology (IDRBT) giving a green light to blockchain and publishing a report stating that it has successfully tested the blockchain technology for core banking processes in the country in...
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A recent report by industry analyst firm HfS Research has spelled a period of worry among the Indian employable pool. While until now a scenario like robots taking over and humans left to tend for themselves has only happened in fiction, the report hints that there's a strong possibility...
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Bertelsmann, the German media group is looking to invest $200-$250 million in Indian startup ecosystem over the next four years, reports ET. According to the media reports, the media firm targets to invest $50-$60 million each year in India.Commenting on the development, Pankaj Makkar, MD,...
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This week seems to be a week of celebration for the startup ecosystem. Where government announced some interesting initiatives for startups to foster, on the other hand, ecosystem saw the launches of news funds, signing of MoUs and acquisition of startups. In all this week was full...
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In order to build confidence among Uber users to use its services anywhere, anytime without giving a second thought about security, the global cab-hailing superpower has introduced a new feature that requires Uber drivers to take a selfie before accepting rides.Aimed at avoiding duplication of driver details and...
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The Indian School of Business (ISB) and SAP Labs India have entered into a collaboration to nurture technology-based startups. They will focus on the ventures dealing in the social space and that are working in areas that have relevance to national priorities.According to a statement issued by...