CHANNEL NEWS

AI Implementation in India India is rapidly transitioning into a digital economy, with companies leveraging AI to revolutionize workflow processes and product innovation. According to recent data, over 90% of Indian business leaders are optimistic about AI and plan to increase investments in the technology over the next 12-18 months. Additionally, Splunk’s Digital Resilience Report indicates that Indian organizations are …

Redington Limited (NSE: REDINGTON), a prominent provider of technology solutions, has forged a strategic alliance with Picus Security, a leading security validation company. This partnership aims to broaden the accessibility of Picus Security’s acclaimed Security Control Validation Platform across India, leveraging Redington’s extensive network of over 40,000 channel partners. Through this collaboration, Redington seeks to bolster customers’ cybersecurity capabilities by …

At the Munich Security Conference (MSC), major technology firms have committed to combatting deceptive AI content to safeguard this year’s global elections, which will involve over 40 countries and more than four billion voters. The “Tech Accord to Combat Deceptive Use of AI in 2024 Elections” involves pledges to develop technologies countering harmful AI-generated content aimed at misleading voters. Signatories …

Schneider Electric has recently unveiled the Easy UPS 3-Phase 3M Advanced, a robust uninterruptible power supply tailored to safeguard critical loads. This UPS boasts a modular scalable design, simplifying installation, servicing, configuration, and expansion for small and medium data centers, as well as vital commercial and industrial applications. With a power range of 100-250 kW (400V) 3-Phase, it caters to …

UiPath, during its recent DevCon 2024 event, introduced a range of new features aimed at empowering developers in building, testing, and expediting automation implementations. The event, attended by numerous AI and automation professionals, highlighted the company’s commitment to fostering innovation and collaboration within the UiPath Business Automation Platform. Munil Shah, UiPath Automation Cloud’s Chief Technology Officer, emphasized the pivotal role …

MSME Minister Narayan Rane unveiled a special initiative targeted at Informal Micro Enterprises (IMEs), exempted from GST obligations to secure interest-free loans up to Rs 20 lakhs through the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE), administered by the government. Termed the ‘Special Provision for Informal Micro Enterprises under Credit Guarantee Scheme,’ this program is designed to …

Google unveiled Gemini 1.5, an upgraded suite of AI models, capable of processing extensive content like Leo Tolstoy’s “War and Peace” in a fraction of the time it would take a human to read it. This advanced AI model, owned by Alphabet, enables users to request the analysis of significantly larger amounts of data with a single prompt. For instance, …

Amazon, along with SpaceX and Trader Joe’s, contends that the National Labor Relations Board’s (NLRB) internal enforcement processes violate the United States Constitution. Amazon filed a document with the NLRB asserting that the agency’s unique setup infringes on its right to a trial by jury. The company also argues that restrictions on the removal of administrative judges and the appointment …

Tech Mahindra’s former senior executive, Manish Vyas, has been appointed as an executive director and board member at Prodapt, a homegrown IT services firm backed by private equity. Vyas, who spent over 23 years at Tech Mahindra, will provide strategic direction to Prodapt’s leadership team. His expertise spans various sectors such as IT, business process, network services, systems integration, and …

Fintech platform GroMo has announced the distribution of Rs 100 crore in payouts to its partner agents as it marks its five-year milestone. The company, co-founded by IIT Delhi alumni Ankit Khandelwal and Darpan Khurana, aims to achieve Rs 1,000 crore in earnings for its partner agents in the next five years. GroMo’s platform, which facilitates the distribution of financial …