NEWS

Artificial Intelligence crucial for banks to transform customer experience: Accenture

Artificial Intelligence crucial for banks to transform customer experience

New Delhi [India], Mar. 29 : According to Accenture's latest report, banks should use artificial intelligence (AI) to help understand the intentions and emotions of customers and enable better interactions.

The report, titled Accenture Banking Technology Vision 2017, draws on the analysis of an advisory board comprising more than two dozen individuals, interviews with technology luminaries and industry experts, and results of a survey of more than 600 bankers.

According to the report, more than three-quarters (78 percent) of bankers globally and 87 percent in India believe that AI will enable simpler user interfaces that will help banks create a more human-like customer experience.

10 best SaaS-based B2B platforms in India

10 best SaaS-based B2B platforms in India

New Delhi [India], Mar. 29 : The use of Software-as-a-Service (SaaS) platform by B2B e-commerce majors has seen a significant rise in India. The companies are using it for all key operations to increase efficiency, be it their IT work or any other industry process. Apart from saving time and money, it provides user-friendly accessibility and hosting. Companies which provide SaaS are now well funded and are capable of leading the race.

The following are some of the SaaS B2B platforms that have played a major role in this technological shift, making it easy for SMEs to do business with a win - win situation:

Cvent

Opple launches 'Twinkle Star' - an innovative light for children

Opple launches 'Twinkle Star' - an innovative light for children

New Delhi [India], Mar. 29 : Opple, a global integrated lighting solutions company and one of world's Leading LED Lighting brand launched a unique and innovatively designed light, Twinkle Star. This is Opple's newest addition to their range of home luminaries.

The product has been especially designed for children. Its creative design comes equipped with a twinkle shining effect that makes one feel closer to nature. It also defines an ambient light and in turn provides a soothing effect along with stimulating one's creative imagination.

Yakult Danone India introduces Shilpa Shetty Kundra as new brand ambassador

Yakult Danone India introduces Shilpa Shetty Kundra as new brand ambassador

New Delhi [India], Mar. 29 : Yakult Danone India Pvt. Ltd., a joint venture between Yakult Honsha, Japan and Groupe Danone, France, both global leaders in probiotics, announced Bollywood celebrity Shilpa Shetty Kundra as their new Brand Ambassador.

This comes in wake of the company's concerted plans to spread the health benefits of Probiotics and Yakult among Indian consumers, which was the main highlight of the press conference held here on Tuesday.

Present on the occasion were Minoru Shimada, Managing Director, Yakult Danone India Pvt. Ltd., Bollywood Celebrity Shilpa Shetty Kundra and Dr. Neerja Hajela, General Manager - Science and Regulatory Affairs, Yakult Danone India Pvt. Ltd.

itel launches 4G VoLTE enabled smartphone, Wish A41

itel launches 4G VoLTE enabled smartphone, Wish A41

New Delhi [India], Mar. 29 : Aiming to strengthen its 4G portfolio to support the government's 'Digital India' initiative, itel Mobile from Transsion Holdings launched Wish A41, a 4G VoLTE-enabled smartphone.

Priced at Rs. 5,840, the launch of Wish A41 underlines itel's commitment to become the preferred 4G device enabler for entry to mid-level smartphone users.

In the existing portfolio, the brand offers two other 4G VoLTE enabled smartphones- it1518 and it1520 and it further intends to expand its 4G portfolio with strong product offerings going forward.

iRobot upgrades iRobot HOME App, expands customer base in India

iRobot upgrades iRobot HOME App, expands customer base in India

New Delhi [India], Mar. 29 : Home robotics aggregator iRobot announced updates to the iRobot HOME App that expands the value of connected Roomba vacuuming robots within the smart home for their customer base in India.

New Clean Map reports provide visual post-cleaning maps that display information about the robot's cleaning performance, such as the dirtiest floor areas and total space cleaned, while the integration of Amazon Alexa voice activated control will facilitate easy communication with a Roomba vacuuming robot.

Intellipaat launches Big Data, Hadoop training in Association with IBM

Intellipaat launches Big Data, Hadoop training in Association with IBM

New Delhi [India], Mar 28 : Taking Big Data training a notch higher across the globe, Intellipaat associates with IBM. Intellipaat announces the launch of Big Data Hadoop Training with IBM. Touted to be a strong collaboration between the parties, Intellipaat is reaching to the top echelons of technology and IT industry.

Designed to mitigate skill gaps in the Big Data domain, this master's course will offer 360 degree learning on Hadoop Developer, Administrator, Testing and Analyst modules and an IBM certification. Participants will also learn about IBM Big Insights as part of the course. To know more about the course click on to Hadoop Training.

Bharti Airtel completes secondary sale of 10.3 pct stake in Bharti Infratel

Bharti Airtel completes secondary sale of 10.3 pct stake in Bharti Infratel

New Delhi [India], Mar 28 : Largest telecommunications services provider Bharti Airtel Limited on Tuesday announced the successful completion of the secondary sale of over 190 million shares of its subsidiary Bharti Infratel Limited (Bharti Infratel) representing 10.3 percent, to a consortium of funds advised by KKR and Canada Pension Plan Investment Board for a total consideration of over Rs. 6,193.9 crore (approx. USD 951.6 million), executed at a price of Rs. 325 per share.

Bharti Airtel will primarily use the proceeds from this sale to reduce its debt. Following the closure of this transaction, Bharti Airtel's equity holding in Bharti Infratel stands at 61.7 percent, and that of KKR and CPPIB at 10.3 percent.

Housing.com launches 'Housing Partner' for real estate developers

Housing.com launches 'Housing Partner' for real estate developers

New Delhi [India], Mar 28 : Housing.com has launched a unified platform for real estate developers and partners to manage their business, 'Housing Partner'.

The latest technology-powered product from Housing.com is aligned with its objective of becoming a preferred digital platform for all stakeholders within the real estate ecosystem.

'Housing Partner' is a web-based dashboard that will help property sellers (developers and partners) to monitor and manage leads in an effective manner, all within a single and convenient interface.

ClearTax introduces online training program on GST for CAs, taxation experts

ClearTax introduces online training program on GST for CAs, taxation experts

New Delhi [India], Mar 28 : India's largest Income Tax returns e-filing and enterprise compliance service provider ClearTax on Tuesday launched its GST e-learning kit to educate the business community and make over 2.5 lakh CAs and Tax Return Preparers GST-ready and help them serve over 1 crore businesses.

ClearTax's GST training will be imparted through e-learning modules that include10 hours of high quality videos, 20+ real world examples to study implications, 50+ online webinars, 20+ quizzes to practice concepts, and 100+presentations and articles on GST.

Rooter raises seed round of funding from Intex Technologies

Rooter raises seed round of funding from Intex Technologies

New Delhi [India], Mar 28 : Digital platform that connects, engages and helps sports audiences interact with each other on a real-time basis, Rooter on Tuesday announced raising of an undisclosed amount of funds from Intex, one of India's fastest growing consumer electronic goods and accessories manufacturer.

The sports social engagement app earlier successfully raised funds from Dhruv Chitgopekar and Prantik Dasgupta.

It also holds the distinction of being the first venture that Bollywood star, Boman Irani, has invested in as an angel investor.

bookbhook.com launches India's first book summary and micro-learning platform

bookbhook.com launches India's first book summary and micro-learning platform

New Delhi [India], Mar 28 : As per a National Book Trust NCAER survey in 2009, there were 83 million Indians (13-35 age group) reading books for leisure in 2009. Reading in Hindi, Marathi, Bengali and English primarily, 46 percent of the respondents chose "knowledge enhancement" as a reason for reading books.

With the world's youngest working population, Indians are increasingly seeking out knowledge as their ticket to prosperity in this knowledge economy. But the problem for this young generation is "In this knowledge economy, I need to KNOW MORE and YET, I lack the TIME to know more"

Monsoon in 2017 to remain below normal: Forecast

Monsoon in 2017 to remain below normal: Forecast

New Delhi [India], Mar. 27 : Looks like summer will be yet more unbearable this year, atleast the present weather condition makes us believe so.

Establishing this belief, Skymet Weather too has recently stated that monsoon, in 2017, is likely to remain below normal.

It is predicted to be at 95 percent (with an error margin of +/-five percent) of the long period average (LPA) of 887 mm for the four-month period from June to September.

The report further says that monsoon probabilities for JJAS are:

- Zero percent chance of excess (seasonal rainfall that is more than 110 percent of LPA),

- 10 percent chance of above normal (seasonal rainfall that is between 105 to 110 percent of LPA),

Axalta's leading industrial coating solutions shine at India Surface Finishing Exhibition

Axalta's leading industrial coating solutions shine at India Surface Finishing E

Gurugram (Haryana) [India], Mar.27 : Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, showcased its general industrial coating solutions at the India Surface Finishing Exhibition 2017 (ISF 2017) recently held in New Delhi.

In collaboration with its industrial distributors, Axalta demonstrated how its premium coatings could meet the growing demand of the general industrial market across India.

Jaitley tables Central GST Bill in LS

Jaitley tables Central GST Bill in LS

New Delhi (India), Mar. 27 : Union Finance Minister Arun Jaitley on Monday tabled the Central Goods and Services Tax (GST) Bill 2017 in the Lok Sabha.

Looking forward to a consensus on GST Bill, Union Parliamentary Affairs Minister Ananth Kumar earlier in the day expressed hope that the above legislation is passed in the ongoing Budget Session of Parliament.

Kumar told the media here that all parties have been consulted on the GST.

"Hope everyone will support the government on it. The government is committed to ensure the passage of GST in the ongoing Budget Session," he added.

The GST Council and Union Cabinet have already given their nod to the Central GST, Integrated GST, Union Territory GST and Compensation Bill.

FM approves re-organisation of CBEC for implementation of GST

FM approves re-organisation of CBEC for implementation of GST

New Delhi [India], Mar 25 : Union Finance Minister Arun Jaitley on Saturday approved the re-organization of the field formations of the Central Board of Excise and Customs (CBEC) for the implementation of Goods and Services Tax (GST).

The approval by the minister will enable the existing formations of Central Excise and Service Tax under the CBEC to implement and enforce the provisions of the proposed GST.

However, the CBEC is likely to be renamed as the Central Board of Indirect Taxes and Customs (CBIC), after getting legislative approval.

The proposed CBIC shall, inter alia, supervise the work of all its field formations and Directorates and assist the Government in policy making in relation to GST, continuing Central Excise levy and Customs functions.

Setback to RIL as SEBI bars 13 companies from dealing in equity derivatives

Setback to RIL as SEBI bars 13 companies from dealing in equity derivatives

New Delhi [India], Mar. 25 : The Securities and Exchange Board of India (SEBI) has barred 13 companies, including RIL, from dealing in equity derivatives in the Futures and Options (F&O) segment of stock exchanges, directly or indirectly, for a period of one year.

The SEBI has also directed RIL to deposit Rs. 447.47 crore within 45 days.

The board also directed to charge 12 percent interest on the amount of Rs. 447.47 crore from the date of November 29, 2007, considered to be the biggest penalty in insider trading.

Following are the points mentioned in the SEBI order:

SBI chairman Arundhati Bhattacharya features in Fortune's 'Greatest Leaders' list

SBI chairman Arundhati Bhattacharya features in Fortune's 'Greatest Leaders' lis

New Delhi [India], Mar. 25 : Arundhati Bhattacharya, Chairman, State Bank of India (SBI) has been ranked 26th in the fourth edition of Fortune's 'World 50 Greatest Leaders' list.

With this, Arundhati Bhattacharya has become the only Indian corporate leader to be featured in the list.

While announcing the names that have featured in the list, Fortune highlighted that Bhattacharya, the first-ever woman to helm India's largest bank, has steered SBI through rough waters.

Bhattacharya has helped to accomodate the 211-year-old institution into the digital era and overhaul the human resources department for more than 2,00,000 employees.

Experiencing Aurora Australis 'alters' passengers' lives!

Experiencing Aurora Australis 'alters' passengers' lives!

London [UK], Mar. 24 : Following a huge explosion of magnetic field and plasma from the Sun's corona, Tasmania's skyline has been aglow in recent days - with vivid purple and green lights illuminating the horizon.

A few passengers, aboard the first commercial flight to witness the Aurora Australis, landed in New Zealand and the 130 star-struck passengers have taken to social media to share their experience.

The duration of the flight was eight-hours and it took off from the South Island on Thursday, flying to a latitude of 62 degrees south to view of the aurora.

Tata Capital's Mobile App invites you to check You're my Score and avail easy finance

Tata Capital's Mobile App invites you to check You're my Score and avail easy fi

New Delhi [India], Mar 24 : Tata Capital, the financial services arm of the Tata Group, today, announced the launch of 'myLoan' - a first-of-its kind Mobile App by the company to extend its existing personal loan offering to the emerging younger and mobile savvy audience.

The app enables the user to check his/her loan eligibility and apply for a loan seamlessly using only a mobile device. The app also allows existing customers to view their loan status and details.




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