Online hotel room aggregators have witnessed one of the fastest growth rates of around 50 per cent in night bookings during the first quarter of this calendar year against the same period a year ago. During January-March, online travel saw daily night bookings growing to 150,000 against 100,000 in the same period last year. Fulfilled daily room night bookings went up to 110,000 against 73,000 in the year-ago quarter, as per the data from RedSeer Consulting.
A graduate from top IITs bags an entry-level annual package that is around 300 per cent higher than one from any of the private engineering colleges in the country.
As the global majors are fighting for a share in the Indian high-end mobile market pie, some players are focusing on basic models that continue to be in high demand in non-metros, semi-urban and rural areas.
To tap that market, domestic mobile phone maker Indiano International Technosoft unveiled four basic handset models here on Monday.
Branded as Indiano, the handsets are targeted at the value for money segment. Starting at Rs 600 (iE1 & iE2), these models come with replacement warranty. The other models will cost Rs 999 (i10) and Rs 1,120 (i20).
Despite 95 per cent of CIOs expecting cyber threats to increase over the next three years, only 65 per cent of their organisations currently have a cyber security expert, acc-ording to a Gartner survey.
The survey also reveals that skills challenges continue to plague organisations that undergo digitalisation, with digital security staffing shortages considered a top inhibitor to innovation.
Global enterprises are failing to create a strong digital culture needed to bring their employees into digital transformation agendas, found a recent study conducted by French tech major Capgemini.
Despite huge investments in digital transformation initiatives, set to exceed $2 trillion by 2021, organisations feel less equipped with the right leadership capabilities to make digital transformation a success, said a research done by Capgemini’s Digital Transformation Institute, the company’s in-house think-tank on all things digital.
Flying robots that can travel dozens of kilometers without stopping could be the next big thing for power companies.
Utilities in Europe are looking to long-distance drones to scour thousands of miles of grids for damage and leaks in an attempt to avoid network failures that cost them billions of dollars a year. However the technology faces major safety and regulatory hurdles that are clouding its future in the sector. Snam and EDF’s network subsidiary RTE have tested prototypes of long-distance drones that fly at low altitudes over pipelines and power lines.
The deadline to phase out non-recyclable multi-layered plastic used in the packaging of a wide variety of FMCG products has already passed. However, neither the central government has taken any step to implement the notification nor the industry has initiated steps to discard multi-layered packaging.
The Plastic Waste Management Rules notified by the ministry of environment, forest and climate change in March 2016, had stipulated that the “manufacture and use of non-recyclable multi-layered plastic if any should be phased out in two years time”.
The National Company Law Tribunal (NCLT), which upheld the removal of Cyrus Mistry as chairman of Tata Sons, said an executive chairman does not enjoy a free hand and that he also cannot assume that majority shareholders and the board would be at his “beck and call”.
In a 368-page order, which was made public today, the bench also said Mistry’s wrong assumption that he had a free hand to run the affairs of the Tata Group perhaps caused all the problems and that Tata Sons board was “competent” to remove its chairman.
Public sector general insurers are likely to increase their motor own-damage (OD) premium owing to high loss rates. However, competition from private players and market share concerns are worrying them.
Indian IT is seen as a leader in the global race to build skills around automation technologies and domain- specific expertise. Automation has existed for as long as the industry has and is a natural progression of search for efficiencies. It started off in the form of automation of specific areas like testing, remote infrastructure monitoring, or claims processing, and has now reached a stage where bots can takeover low -value tasks without need for human intervention.