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Blockchain to drive IT innovation in BFSI sector: Arvind Chandrasekar

Thursday, February 13, 2020, 12:10 PM

Over the past decade, blockchain has become a foundational technology facilitating cutting edge innovation across industries in India. We have witnessed some truly revolutionary changes across the BFSI, telecom, healthcare, e-commerce and government sectors backed by blockchain. In fact, a recent report by PwC indicates that India will become a blockchain leader amongst the ranks of USA, China and Australia by 2023.
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AI to do 69% of manager's work by 2024: Gartner

Thursday, January 23, 2020, 4:04 PM

Artificial intelligence (AI) and emerging technologies such as virtual personal assistants and chatbots will replace almost 69% of the manager's workload by 2024, according to research and advisory company Gartner. "Currently, managers often need to spend time filling in forms, updating information and approving workflows. By using AI to automate these tasks, they can spend less time managing transactions", said the source.
 
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Great Wall Motors close to acquiring General Motors Pune plant for $250-300 million

Monday, January 6, 2020, 8:27 PM

Great-Wall-Motors is close to acquiring General Motors' manufacturing facility in Maharashtra, as China's largest SUV maker is finalising-plans for its India entry, people in the know said. A formal agreement over the facility at Talegaon in Pune-district is likely to be signed by the end of month, and GM is likely to fetch about $250-300 million from the sale, one of the people said.