Apr 20, 2018 - Cyient Q4 net up 16.2% to Rs 121.5 cr

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk

Robots can build IKEA chairs now! - Quartz
After years of failed attempts, a research team in Singapore has successfully taught a pair of robots to do something that many humans still can't: build an IKEA chair. The wooden Stefan chair is not the world's first piece of AI-assembled flatpack furniture: Robots at MIT built a simple Lack table in 2013. A chair is more complicated. And while a robot can be programmed to do a single assembly-line task efficiently, mastering all of the small tasks that IKEA assembly requires is a bigger challenge. Some of the same things humans struggle with, like fiddling with bags of screws, dowels, and doodads while trying to distinguish the slight variations in shape, are also difficult for robots. Researchers at Singapore's Nanyang Technological University spent three years programming robots to accomplish the specific tasks necessary to build this particular chair. The next stage will be expanding the machines' intelligence to be able to assemble a chair just by looking at a photograph of the final product Read more

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Slowing spends cast shadow on India's IT services industry, says Gartner

IT services market globally to cross $1 trillion in 2019, but growth rate to slow to 4.7%, says Gartner



Today's TradeBriefs Cartoon

Closely engaged with Trump administration, says India as US plans major changes in H-1B visas

India News: Washington has said that it is planning to "revise" the definition of employment and speciality occupations under the H-1B visas by January. The techn

Bright side of data: How data can help India govern better

Data, if analysed properly, can aid policy reform, healthcare, public sector

Ramco Systems bags order from Airbus Helicopters

Cloud software company Ramco Systems has bagged an order from Airbus Helicopters SAS to develop software for fleet maintenance and engineering.City-based Ramco Systems would develop a management infor

Why Reliance Industries decided to pick stake in SkyTran

Partnership with SkyTran would help RIL continue to achieve its aim of investing in future technology and making its business future relevant in a fast changing world

US move to abolish H-4 visas set to impact Indians

Abandoning the Obama-era rule of granting work permits to H-4 visa holders - who are spouses of professionals holding H-1B visas, mostly Indians - will benefit some US workers, the Department of Homel

OYO expands international presence; forays into Indonesia

Hospitality firm OYO on Thursday said it has forayed into Indonesia and also confirmed an investment of over $ 100 million in the country as part of its expansion in Southeast Asia. Starting operation

Startups start hiring top talent again, but with caution

Startups are taking more time to hire CTOs and product leaders and are ready to give them more stock in the company to prevent the debacle of 2015

Icertis doubles down on APAC business driven by India; to scale revenues to 20% in 3-5 years

The firm which counts IT giants like Infosys, Wipro, Genpact, Cognizant as also Lupin and Mindtree amongst its clients in India is looking to widen its clientele in the country.

NITI Aayog's dream of a $10-trillion Indian economy by 2032 pared to half

An HSBC report estimates that the size of China's economy by 2030 will be $20 trillion bigger than India's, and Bangladesh will record the highest GDP growth rate

Steel plant equipment makers, global tech providers set to sign $5 billion deals

The move is aimed at enhancing domestic capacity in capital goods manufacturing for the steel sector and promote the Make in India initiative.

State governments warm up to startups, award public contracts and partnerships

In 2016, the central government exempted startups from needing prior experience while applying for public procurement contracts. Two years down the line, several state governments are doing their bit ...

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