Income tax authorities are monitoring high-value spending of taxpayers through TCS and TDS, foreign remittances, and examining GST data to assess the spending of HNIs, sources have told Moneycontrol.
India, with its vast pool of skilled professionals, particularly in AI and Big Data, is emerging as the top choice for global businesses. With more than 1,700 Global Capability Centres and a rapidly growing talent base, India is poised to lead the tech-driven global economy
The government identified Google, Uber, Alibaba, Airbnb, Facebook and Amazon among the Big Tech players driving increased data consumption
In her new role, Gupta will spearhead customer innovation and delivery excellence. The GDC arm was established in 2005 at Hyderabad, and focuses on deliveries of Industry solutions to Microsoft's partners
TRAI has drawn up a risk-based regulatory framework to be implemented in view of the “impact of AI in all sectors” and suggested that an “Artificial Intelligence and Data Authority” (AIDAI), to oversee the same, be set up immediately.
Prakash’s comments come at a time when deep tech innovations in India are on the rise and are attracting investments from venture capital (VC) and private equity (PE) firms.
In this episode, co-founder & CEO of Staqu Technologies Atul Rai, does a deep dive on how artificial intelligence is transforming the security and big data analytics industries with distinctive video analytics, big data, and auditing technologies that use breakthrough learning research, and cutting-edge engineering. Tune in for details
By 2050, as the global population increases, food demand is expected to escalate. To meet that, AI will have to rise to the occasion. In the food industry, AI is already widely recognised for its simplicity, accuracy, and cost-saving method.
There's no denying the uses of AI for sports, from postgame analysis to in-game action and fan engagement. A look at some advances and some limitations of current machine learning systems and their applications.
An estimated 86 million more people in India and Asia Pacific region will need to undertake digital skills training over the next 3 years to keep pace with tech advancements.
Companies are increasingly taking up data analytics to lower costs, enhance customer experience and optimise processes. Applications such as artificial intelligence and machine learning are also changing the way we work. Here’s what’s in store in this field next year
A project has been launched in which data dealing with every aspect of farming and reaching the produce to the consumers will be collected and put together, analysed, patterns drawn and lessons learnt
Big data is not the answer to all ills but a means to get better results. Quality of data and its analysis is equally important, if not more, and can help marketers increase customer equity and revenue
The direct and indirect tax departments used statistics from the last two financial years to create an “audit checklist” to identify “outliers” based on industry averages to determine further scrutiny
Markets will evolve and there will be new products. While the way we invest might change, human behaviour does not. We are always seeking the 'edge' to maximise our upside.
Disruption sets forth the onset for all progressions and the Investment industry is not untouched by one. With the ever-changing market dynamics, a retail investor thinks a lot more adaptively and comprehensively today.
Facial recognition and emotion analysis will soon help etailers capture customers’ emotions and help them offer the right products. Artificial intelligence will help the etailers detect a shopper's gender, age and emotions, among other things, in real time, and target them with relevant ads and promotions
Here are some of the top technologies that have been instrumental in transforming businesses so far, and are likely to continue to expand in their application to improve capabilities in 2020.
New Delhi should shed its paternalistic way of looking at Bengaluru and Gurugram. After all India’s IT sector has led the biggest wealth creation in the history of our country.
In the context of investing, the current fad for Big Data and machine learning seems overblown. Successful investing entails understanding basic probabilities well. While machines can be used to crunch these probabilities, the old-fashioned method of reading annual reports has worked pretty well.
With multiple data breaches across platforms and industries over the past few years fraudsters now have greater access to the information they may seek to use for identity theft or to falsify other information.
Apps, blockchain, warehousing network, part of govt’s Rs 25 lakh crore wide-ranging plan to make farming rewarding.
Efforts are also on to evolve a legislative framework under which the National Statistical Commission (NSC) may function with independence and give holistic guidance for improving the national statistical system, the Ministry of Statistics and Programme Implementation (MoSPI) said.
Mphasis will extend Esgyn's flagship product, EsgynDB, with its own data accelerators and IT services.
Digitisation is the key focus area for the company now. The company’s revenue from digital stands at 31 per cent of the overall revenue. As the digitisation poised grow, the company would need to step up its digital capabilities.