Author: News Desk

The founder of Infosys Narayana Murthy has recently stated that India’s work culture must evolve and young people must be ready to work 70 hours a week. The statement ignited debates over social media in recent days. Many people have contributed their perspectives on the same. Notably, the proposal also found many takers in the likes of Ola Co-founder Bhavish Aggarwal, former board member of Infosys Mohandas Pai, Harsh Mariwala of Kaya Limited, Radhika Gupta and JSW Group chairman Sajjan Jindal. “I wholeheartedly endorse Mr Narayana Murthy’s statement. It’s not about burnout, it’s about dedication. We have to make India an economic…

A blog post published by US-based cybersecurity firm Resecurity, has claimed that personal identifiable information of about 815 million which is 81.5 crore Indians has been leaked on the dark web. The report reveals that data including names, phone numbers, addresses, Aadhaar, passport information are for sale online. The blog post was cited by media portals Business Standard, Times Now, Mint among many others. “On 9 October, a threat actor going by the name ‘pwn0001’ posted a thread on Breach Forums brokering access to 815 million “Indian Citizen Aadhaar & Passport” records.” Notably, India’s entire population is over 1.486 billion people,” Resecurity wrote in…

A recent study has unveiled a growing apprehension among Indian employees regarding the impact of artificial intelligence (AI) on their job security. Unlike their counterparts in the US, UK, and Germany, a significant number of Indian workers are expressing deep concerns about the role of AI in the workplace. The study, conducted as part of the Randstad work monitor quarterly pulse survey, brings these concerns to light. Let’s delve into the details of this emerging trend and the factors that amplify these anxieties. Factors Amplifying Concerns: BPO/KPO Workforce and Rapid AI Adoption One of the primary reasons for the increased…

In a recent study by Berlin-based WorkMotion, Dubai has surged to prominence as one of the leading cities for the burgeoning trend of ‘workations.’ Workations involve individuals working remotely while embracing a change of surroundings, and they have become increasingly popular in the era of flexible work policies. Dubai’s Remarkable Tax Advantage Dubai secures an impressive second position in the rankings, with one standout feature—zero income tax. This unique aspect makes Dubai a preferred choice for those seeking to minimize their tax burdens during their workations, setting it apart from other destinations. Safety and Mobility Excellence The city of Dubai…

HMD Global, the Finnish manufacturer behind Nokia smartphones, has expanded its product portfolio in India with the launch of the Nokia 105 Classic feature phone. Priced at ₹999, this phone is designed to offer a range of features at an affordable cost. In addition to its competitive price, HMD Global is introducing a unique one-year replacement guarantee for the device, which enhances its appeal to potential buyers. Variants and Pricing The Nokia 105 Classic is available in two variants: single SIM and dual SIM. Additionally, customers have the option to choose between purchasing the phone with or without a charger,…

The National Highways Infra Trust (NHIT), the investment trust sponsored by the National Highways Authority of India, plans to raise as much as INR 9000 crore through a mix of debt and equity. According to reports, this capital will be allocated to six highway stretches, each spanning 250km, marking the latest attempt to monetize the country’s vast road network. The NHIT is also priming for another round of fundraising in March, hoping to raise an additional INR 5,000- INR 6,000 crore for six more highway stretches, this time spanning 635km. Through these investments, the NHIT aims to generate around INR…

AU Small Finance Bank Ltd has said it will take into its fold peer lender Fincare Small Finance Bank in the first such merger between two such institutions. “The scheme is subject to approval of the respective shareholders of the transferor company (Fincare Small Finance Bank Ltd) and transferee company (AU Small Finance Bank Ltd), the Reserve Bank of India (RBI) and the Competition Commission of India (CCI),” AU SFB said in a regulatory filing late on Sunday evening. The statement said that the appointed date of the scheme shall be 1 February 2024, or a date as may be fixed…

NITI Aayog CEO BVR Subrahmanyam said that a vision document aimed at making India a developed country is in its final stages and a draft is expected to be ready by December. He also stated that the final ‘Viksit Bharat @ 2047’ document will be critical in helping India avoid the middle-income trap, which remains a major concern in policy circles. Ten sectoral groups of secretaries (SGoS) from various ministries created around themes including infrastructure, welfare, commerce and industry, technology, and governance have each prepared a vision document in a process that lasted nearly two years. Prime Minister Narendra Modi is expected…

The State Bank of India (SBI) has announced its collaboration with cricketing legend Mahendra Singh Dhoni, naming him as the bank’s official brand ambassador. As the brand ambassador of SBI, MS Dhoni will play a pivotal role in various marketing and promotional campaigns. “We are pleased to onboard MS Dhoni as Brand Ambassador of SBI. Dhoni’s association with SBI as a satisfied customer makes him a perfect embodiment of our brand’s ethos. With this partnership, we aim to reinforce our commitment to serving the nation and our customers with trust, integrity, and unwavering dedication,” said Dinesh Khara, Chairman, SBI This…

Alphabet’s Google is doubling down on artificial intelligence, pledging to invest up to $2 billion in Anthropic, a company specialising in AI development. This significant investment indicates Google’s commitment to competing with tech giants like Microsoft and Amazon as they strive to integrate AI into their applications. Expanding its Commitment to AI Advancements Google has initiated a massive investment of $500 million into Anthropic, a direct rival to OpenAI, with a promise to add an additional $1.5 billion over time. This bold move underlines Google’s determination to bolster its position in the rapidly evolving AI landscape. Amazon’s $4 Billion Pledge…