May 30, 2017 - BA's 'global IT system failure' was due to 'power surge'

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
The general consensus is that in the past, technology has created more jobs than it has destroyed. As manufacturing and other 'core' jobs got automated, goods got cheaper and it increased people's purchasing power. As these people aspired for better healthcare, communication, entertainment, financial management and other services, new service jobs got created. With AI (artificial intelligence), the difference often quoted today is that there will be very few tasks for which humans are better suited than machines. This will lead to widespread unemployment. Or so goes the theory! However, consider this! AI will make people more productive (increased efficiency is more likely than complete replacement). While this will cause some amount of job loss, increased productivity will make goods AND services cheaper, thus creating more demand, leading to more jobs. With the help of our AI capabilities, entirely new categories of jobs might emerge.

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IT industry guidance lowered by Nasscom : TCS, Infosys, Wipro suffer growth pangs
IT industry guidance lowered by Nasscom : TCS, Infosys, Wipro suffer growth pangs - Financial Express
IT industry body National Association of Software and Services Companies (Nasscom) on Thursday lowered its guidance for the sector in the current fiscal to 7-8% against 8.6% revenue growth the industry posted in FY17.


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Infosys meets 45% power needs from renewables in FY17: Report ...
Infosys meets 45% power needs from renewables in FY17: Report ... - India Today
Infosys meets 45% power needs from renewables in FY17: Report

Indian IT industry not H-1B dependent, says Infosys CEO Vishal Sikka
Indian IT industry not H-1B dependent, says Infosys CEO Vishal Sikka - Economic Times
Infosys CEO Vishal Sikka has sought to allay concerns over the ongoing issue of H1B visa curbs, saying that the Indian IT industry is not overly dependent on the US visas to run its business.

Lawsuit filed against Infosys in US by former immigration head
Lawsuit filed against Infosys in US by former immigration head - Times of India
The law suit filed by Erin Green, before a US district Court in the Eastern District of Texas on June 19, names two senior company officials.

First time in India: This Bengaluru-based startup will deliver diesel at your doorstep
First time in India: This Bengaluru-based startup will deliver diesel at your doorstep - Business Today
A city-based startup has come up with a unique idea of delivering the diesel at customers' doorstep.

Will Uber pull brakes on India with CEO Travis Kalanick's exit?
Will Uber pull brakes on India with CEO Travis Kalanick's exit? - Economic Times
Earlier, Uber's India unit was always kept informed about the future roadmap in advance and right now there is a lot of "vagueness" about upcoming plans.

This Startup Is Making India's Garbage Its Business
This Startup Is Making India's Garbage Its Business - Forbes
In addition to processing waste and composting, Sahaas Zero Waste recovers materials from discarded products and transforms into something of value.

Online classifieds startup Quikr acquires Babajob
Online classifieds startup Quikr has acquired blue collar jobs marketplace Babajob in a largely share swap deal. Babajob is the 11th acquisition for Quikr and its second in the online jobs marketplace space. Babajob founder and CEO Sean ...

 

Nasscom says India's IT outsourcing sector projected to grow and add jobs
Nasscom says India's IT outsourcing sector projected to grow and add jobs  - Forbes India
Sales will rise 7 to 8 per cent in constant currency terms in FY18, the industry body says.

India's Modi to discuss visas with Trump during US visit
India's Modi to discuss visas with Trump during US visit - Bloomberg
Why exactly is Prime Minister Narendra Modi going to Washington? With US president Donald Trump politically painted in a corner, why is Modi visiting Washington DC now

No Trump unknown: Kenneth Juster a familiar India hat, led key tech trade talks
No Trump unknown: Kenneth Juster a familiar India hat, led key tech trade talks - Hindustan Times
Juster played a key role in fostering India-US ties during George Bush’s presidency, and also served as the US chair of the US-India High Technology Cooperation Group, a key...

Modi-Trump meet: 'US approves sale of 22 Guardian drones to India'
Modi-Trump meet: 'US approves sale of 22 Guardian drones to India' - Times of India
Getting US approval to buy a naval variant of the Predator drone is seen in New Delhi as a key test of defence ties that have drifted under US President Donald Trump

How latest and low-cost technologies making India medical tourism hub?
How latest and low-cost technologies making India medical tourism hub? - YourStory.com
For India, the company priced the OnePlus 5 at Rs 32,999 for the 6GB RAM/64GB storage variant and Rs 37,999 for the 8GB RAM/128GB storage model.

OnePlus 5 India Launch Starts: Watch Live Stream Here
OnePlus 5 India Launch Starts: Watch Live Stream Here - NDTV
For India, the company priced the OnePlus 5 at Rs 32,999 for the 6GB RAM/64GB storage variant and Rs 37,999 for the 8GB RAM/128GB storage model.

West leads world in technology and economy, India should lead in Yoga: Baba Ramdev
Yoga guru Baba Ramdev was all praise on Wednesday and stated that 24 new world records had been set on the third edition of International Yoga Day.

 

Tata on Indo-Pak border: Using tech to detect tunnels, check infiltration
Tata on Indo-Pak border: Using tech to detect tunnels, check infiltration - Economic Times
The CIBMS will integrate sensors, communication, infrastructure, response, and command and control. It will be a force multiplier for the BSF.

Delhi prepares for Trump surprises at Modi meet
Delhi prepares for Trump surprises at Modi meet - Calcutta Telegraph
Getting US approval to buy a naval variant of the Predator drone is seen in New Delhi as a key test of defence ties that have drifted under US President Donald Trump

Govt seeks details of proposed investments in India from Apple
Govt seeks details of proposed investments in India from Apple - Hindu Business Line
Earlier, Apple had indicated to the government that it is ready with a blueprint to begin manufacturing iPhones in India

Infosys CEO Vishal Sikka allays H1B visa fears, says Indian IT not overly dependent on it
Infosys CEO Vishal Sikka allays H1B visa fears, says Indian IT not overly dependent on it - Financial Express
Infosys CEO Vishal Sikka has sought to allay concerns over the ongoing issue of H1B visa curbs, saying that the Indian IT industry is not overly dependent on the US visas to run its business.

Centre introduces software to catch 'corrupt' officers
Union Minister of State for PMO Jitendra Singh today launched the online software for departmental proceedings here.Speaking on the occasion, Dr Singh complimented the Department of Personnel and Training (DoPT), CVC and other departments for their collective efforts in this direction, a statement said

PwC launches software for GST compliance
PwC launches software for GST compliance - India Today
New Delhi, Jun 22 (PTI) Business software provider Tally Solutions will unveil GST compatible solution on Monday, about a week ahead of the launch of the indirect tax regime.

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