GE to invest more in digital tech

GE Healthcare plans to invest more in digital technologies to bring down cost of medical diagnostics and to promote precision health.

The $20 billion GE Hea­l­t­hcare, a subsidiary of General Electric, which would be spun off as separate entity by end-2019, spends $1.2 billion on R&D. Most of that will now be channelled to develop and implement digital technologies, including artificial intelligence and ma­chine learning, said Kieran Murphy, president & CEO of GE Healthcare, here on Monday.

Indian IT firms focus on Canada after Trump tantrums

Indian tech firms have increased their focus on the Canadian market after Do­n­ald Trump assumed the presidency in the US. They have been busy ramping up their Canadian operations after the Trump administration made immigration and visa regulations more stringent and tough, said a senior Canadian diplomat.

Spectrum auction for 5G likely in later half of 2019

Telecom secretary Aruna Sundararajan on Sunday sa­id auction of spectrum for 5G services is likely to happ­en in the later half of 2019. The 5G services would offer telecom companies better visibility into market dynamics and potential revenue streams of the next-generation mobile services, Sundararajan said.

Titan eyes silver after gold, diamond

After carving out a significant niche for itself in the gold and diamond jewellery mart in the country, Titan Company flagship Tanishq has on Thursday announced its foray into the contemporary silver jewellery space.

Brought by Mia by Tanishq, the new silver collection — designer pendants, necklaces, rings, earrings, bracelets etc — comes in contemporary style, enamelling and with stones and designs to cater to the young and modern women. Mia is positioned as a brand of bold, modern and chic jewellery. The products are priced in the Rs 1,999 to Rs 5,000 range.

Tech sector upbeat as all-round growth on the way: Study

The technology sector is on a high as buyer markets and US and European economies are expected to boom. An across-the-board high growth is on the way that would virtually cover all market segments, said an Everest Group study.

Daggers drawn at Infosys as Bansal wins arbitration

In a serious setback to Infosys, known for its ethical way of conducting business, an arbitration tribunal has directed the tech major to pay an outstanding exit allowance of Rs 12.17 crore with interest to its former CFO Rajiv Bansal (in pic).

Automation, AI making work more human, says London study

Technology has greatly bypassed time, distances and processes and allowed things to happen in real-time and instantaneously!

Nobody has the patience to wait for anything today as technology is capable of offering instant gratification or real-time access to services, products, things, data and contacts. And what was acceptable few years ago, in terms of delay and wait, is not more acceptable today.

An e-commerce behemoth in making

India has been enthusiastically embracing digital commerce with open arms and as a result the country is expected to witness a huge surge in on-line buying in the next five years.

Big relief for tech players

The rupee tumbling against the greenback may bring some respite to the Indian tech sector as a major chunk of the industry’s revenues still come from the United States. The currency’s downward str-ide comes at a critical time when the legacy IT is shrinking and the entire business is getting commoditised. The benefit of rupee fall will help domestic tech players which are navigating through these tough times, say observers.

The rupee on Thursday fell below 72-mark for the first time ever against the US dollar before ending the day’s trade at 71.99.