Miscellany

Miscellany

Regret quitting as Infy chairman, says Murthy

NR Narayana Murthy  (in pic) on Monday said he regrets quitting as chairman of Infosys in 2014 and should have listened to other co-founders of India’s second largest software exporter firm and stayed on.

Murthy, who had infamous run-ins with the current management led by Vishal Sikka over corporate governance issues, however said that he did not miss being on the campus daily.

Long August weekends have Indians globetrotting

The longer weekends in August, with one stretching to nine days if one takes two working days off, have got the Indian travellers looking for getaways. Countries offering visa-on-arrival and Europe’s packed cultural calendar have attracted the maximum bookings.
The most demand is coming for countries like Mauritius, Maldives, Thailand, Bhutan, Sri Lanka and Cambodia, which are connected by short and medium-haul flights.
“We are also getting good response for the new upcoming destinations such as Japan and South Korea,” travel firm Cox & Kings said.

Indian scientists discover supercluster of galaxies

A team of Indian astronomers has discovered an extremely large supercluster of galaxies — as big as 20 million billion suns — which they have named Saraswati, Pune-based Inter University Centre for Astronomy and Astrophysics (IUCAA) said on Thursday.

NSE, BSE in turf war over new depository

Rival stock exchanges NSE and BSE are having a go at each other as they strongly compete for a major slice of the National Academic Depository (NAD) cake. They see demat business expanding after the government focus on digitisation of academic records.
Last month, NSE-promoted NSDL Database Management (NDML) wrote to the ministry of human resources development pointing out that the website name (www.nad.co.in) of CDSL Ventures (CVL) is similar to the government www.nad.gov.in. This prompted the government to ask CDSL Ventures to change its URL.

Microsoft’s new tool to help businesses go digital: Nadella

Technology giant Microsoft’s CEO Satya Nadella on Monday introduced a new “transformative” tool for businesses to go digital and make fullest use of the latest advancement in the IT and digital world.
Describing Microsoft 365 as the fusion of intelligent cloud with already existing proven cloud solutions, the Indian-American CEO said the new digital offer from the top global IT company is coming together of its other popular products Office 365, Windows 10 and Enterprise mobility and security.

Google awaits RBI nod for UPI service

Technology giant Google has completed the testing of its Unified Payments Interface (UPI) payment service and awaiting the Reserve Bank of India’s approval to launch its service in the country, the National Payments Corporation of India (NPCI) said on Monday.
The umbrella organisation for all retail payments system in India also said, Facebook and Whatsapp too were in discussion with it regarding rolling out of their UPI payment services.

Bangalore taps tech to fix unruly gridlock

In Bangalore, tech giants and startups typically spend their days fiercely battling each other for customers. Now they are turning their attention to a common enemy: the city’s infernal traffic congestion.
Cross-town commutes that can take hours has inspired Gridlock Hackathon, a contest initiated by Flipkart Online Services for technology workers to find solutions to the snarled roads that cost the economy billions of dollars. While the prize totals a mere $5,500, it’s attracting teams from global giants Microsoft Corp, Google and Amazon.com to local startups including Ola.

Sex toys, drones in customs haul

From drones and remote-controlled helicopters to sex toys and porn, a bewildering variety of objects being illegally brought into the country from abroad are detained regularly by the customs department.

Why Robot takeover of economy is proceeding slowly

Vik Singh’s company has powerful artificial intelligence software that helps firms hunt down the best sales leads. Getting somebody to use it -- well, that’s a story that says a lot about the US expansion.

Microsoft sales shuffle means thousands of job cuts

Microsoft reorganised its sales and marketing operations in a bid to woo more customers in areas like artificial intelligence and the cloud by providing sales staff with greater technical and industry-specific expertise.
The changes will mean thousands of job cuts in areas such as field sales, said a person familiar with the restructuring who asked not to be named because the workforce reductions are not public.
The company had 121,567 employees as of March 31. The memo didn’t mention any job cuts.

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