All the frontliners in IT are seeing a wide scale of transformation. As we are entering the era of intelligent connectivity we are seeing ever more complex networks, both in the services they offer, in the use cases they will enable, and the range of technology used to build them. Not only will such networks be critical to economic and societal health they will also be attractive to attackers and it is important that the industry is motivated to identify and mitigate the threats. As the mobile technologies are playing a significant role in…
Month: July 2021
GST collection comes low for first time after 8 months
The Gross Goods and Services Tax collection for the month of June stood at ₹92,849 crore, first fall from ₹1 lakh crore-mark in 8 months, since September 2020. Of the gross collections, CGST stands at ₹16,424 crore, SGST is ₹ 20,397, IGST is ₹49,079 crore (including ₹25,762 crore collected on import of goods) and Cess is ₹6,949 crore (including ₹809 crore collected on import of goods), the Ministry of Finance said in a statement. The ministry said in the statement, “During May 2021, most of the States/UTs were under either complete or partial lock down due to…
Disasters might happen if WHM continues for long
COVID-19 has created a broad spectrum of challenges that will persist and continue to shape many aspects of our lives and livelihoods. Companies today face a constant proliferation of social media channels and emerging digital tools. And as marketing efforts continue to transform to meet the evolving demands of the digital era, one thing remains unchanged that is customer engagement which is critical to success. Even as people around the world have coped with the day-to-day stresses of the crisis, they’ve also wondered: What will life be like in the next normal,…
How Will Be The Future Of Experiential Marketing in Post COVID World?
Something is better than nothing that is what we are seeing the Virtual events are taking the centre stage during this pandemic. Many are feeling that going forward Hybrid events are going to happen since Digital events cannot be compared to physical events. Moreover, it is an opportunity for the technology companies to showcase their innovations. An expert says, these are the innovative approaches to sell the products, solutions and services during the pandemic, which was a dream for many to do experiential marketing and they have never felt that the…
70% of customers expect organizations to provide AI interactions
Artificial Intelligence (AI) has the power to positively transform society and the environment, and to harness that power to its full potential, organizations need to focus on addressing the ethical challenges. As per a report from the Capgemini Research Institute, “AI and the ethical conundrum: How organizations can build ethically robust AI systems and gain trust,” which found that the share of customers who believe organizations are being fully transparent about how they are using their personal data has fallen from 76% in 2019 to 62% today. The report also finds…
IT EVOLUTION BRINGS A WAY BEYOND BIG DATA & CLOUD
Technology is driving people apart, which would lead to fewer connections in society. Most people want innovation – it is the speed of change that creates divisions with the innovation of Cloud architecture which has evolved to emerge as the most topical IT paradigm in the recent times. Cloud is rapidly transforming the IT landscape. The cloud has several unique architectures and many more are still evolving. The primary ones are the SaaS, PaaS and the IaaS that can be deployed on private, public, community and hybrid clouds. Where the…
GE Renewable Energy’s LM Wind Power Produces 44,444th wind turbine blade in India
Bengaluru: GE Renewable Energy announced today it has produced its 44,444th wind turbine blade at LM Wind Power’s wind turbine blade manufacturing sites in India. These blades have been manufactured in the two factories located near Bangalore, Karnataka and in Vadodara, Gujarat. Phani Gujjari, Head of Operations for LM Wind Power in India said, “We know blades. From design, prototyping and testing, to manufacturing, maintenance and service. As the 44,444th blade rolled out of our India plants in June this year, we are focused on making next generation wind turbine…
The I-T department introduces a provision relating to TDS from July 1, 2021 says CBDT
The I-T department has introduced a provision relating to Tax Deducted at Source (TDS) from July 1, 2021, which would be applicable to businesses with turnover of over Rs 10 crore. Such businesses while making any payments for purchase of goods exceeding Rs 50 lakh in a financial year to a resident would be required to deduct a 0.1 percent TDS. However, this provision would not be applicable on share or commodity transactions done through stock exchanges, the Central Board of Direct Taxes (CBDT) has said. The CBDT has also clarified that only…
China blocks ride-hailing app DiDi from app stores
Didi is one of the country’s biggest ride-hailing services has been ordered off app stores over “serious violations” related to customer privacy. China has ordered app stores to remove ride-hailing app DiDi after finding that it illegally collected users’ personal information. China’s cyberspace administration said that DiDi was ordered to make changes to comply with the Chinese data protection rules. A statement said Didi was told to “rectify problems.” It did not give further details but said the company was barred from accepting new customers until the probe was completed.…
RDIF and Morepen Laboratories announce production of the test batch of Sputnik V in India
The Russian Direct Investment Fund (RDIF, Russia’s sovereign wealth fund), and Morepen Laboratories, one of the leading manufacturers of pharmaceutical products in India, today announced the production of the test batch of the Russian Sputnik V coronavirus vaccine in an exclusive facility in state of Himachal Pradesh (HP). The first batch will be shipped to the Gamaleya Center for the quality control. RDIF and Morepen Laboratories signed a cooperation agreement in June 2021 and are actively implementing the technology transfer. Sputnik V was granted an emergency use authorization in India on April 12, 2021. India is the leading production hub for Sputnik V.…