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Mumbai, April 8 (MExN): Bank of Baroda has launched 'bob SAMVAD', an AI-powered multilingual conversational platform aimed at transforming in-branch customer interactions and enhancing inclusive banking services. The platform was formally launched by M Nagaraju, Secretary, Department of Financial Services (DFS), Ministry of Finance, in Mumbai on March 28. Described as an industry-first initiative, bob SAMVAD enables real-time, low-latency, two-way communication across 22 languages, allowing cu ...Read More >
New Delhi: The rise of advanced artificial intelligence (AI) is no longer a distant disruption; it is reshaping the global job market. Recent layoffs at tech giants such as Oracle, Amazon and Meta point to a structural shift rather than isolated cost-cutting measures. Oracle announced job cuts on March 31 that could affect up to 30,000 employees, nearly 18.5% of its global workforce of 162,000. The layoffs are expected to impact mid- to senior-level staff, particularly those with over a decade ...Read More >
Bangalore (Karnataka) [India], April 1: The Freudenberg Group proves resilient amid economic and geopolitical challenges during fiscal year 2025. Strengthened by its investments, Freudenberg remains financially robust, strongly positioned for investment, and strategically capable despite the challenging conditions. During fiscal year 2025, Freudenberg achieved sales of EUR11,731.9 million. The figure was slightly below the previous year's level of EUR11,947.5 million, showing a 1.8 per cent decl ...Read More >
IT major Infosys has launched an AI-first model to accelerate the establishment and transformation of Global Capability Centres (GCCs) into AI-driven hubs. This solution aims to redefine GCCs as strategic assets, fostering innovation and growth by providing end-to-end support from setup to operational readiness with AI-led transformation. New Delhi, IT major Infosys on Monday introduced an AI-first model aimed at speeding up the establishment and transformation of global capability centres into ...Read More >
New Delhi [India], November 16 (ANI): Nearly half of Indian enterprises (47 per cent) now have multiple Generative AI (GenAI) use cases live while 23 per cent are in pilot stage, marking a decisive shift from pilots to performance, as per a latest EY-CII report. According to the report titled 'Is India ready for Agentic AI? The AIdea of India: Outlook 2026', Indian enterprises are demonstrating strong confidence by embedding AI into core business workflows to deliver measurable results. Notabl ...Read More >
New Delhi: India's enterprise AI landscape has reached an inflexion point as nearly half of Indian enterprises (47 per cent) now have multiple Generative AI (GenAI) use cases live while 23 per cent are in pilot stage - marking a decisive shift from pilots to performance, a report said on Sunday. Indian enterprises are demonstrating strong confidence by embedding AI into core business workflows to deliver measurable results. Notably, 76 per cent of business leaders believe that GenAI will have ...Read More >
New Delhi, Nov 16 (PTI) Nearly half of Indian enterprises have moved beyond AI pilots to active deployment, with 47 per cent reporting multiple Generative AI use cases now live in production, according to a joint EY-CII report. However, despite strong belief in AI's promise, investment levels remain conservative, with more than 95 per cent of firms maintaining AI and ML budgets below 20 per cent of overall IT spending. "...nearly half of Indian enterprises (47 per cent) now have multiple Gener ...Read More >
Bengaluru: A software engineer has filed a complaint with the Kumaraswamy Layout police station in Bengaluru after falling victim to a delivery "scam", in which he allegedly received a piece of tile instead of a mobile phone worth Rs 1.85 lakh. The victim has been identified as Premanand, a senior techie. According to the complaint, he had purchased a Samsung Z Fold mobile phone worth Rs 1.85 lakh through the Amazon app and made full payment during Diwali. The order was delivered to him on the ...Read More >
New Delhi: Mercedes-Benz India and Zoho have partnered to launch a decentralised dealer management system to enhance customer experience and digitise the luxury automobile brand's nationwide dealership network. The Dealer Management System (DMS) -- 'SKYLine', will digitise the complete service lifecycle -- from booking and digital check-in to skill-based technician assignment and final delivery -- through real-time data integration, streamlined workflows, and unified backend operations. Each M ...Read More >
New Delhi [India], October 27: Air Liquide announces today that it has entered into an agreement to acquire the India operations of NovaAir, a leading industrial gas producer and supplier, from PAG, an Asia-focused private equity firm. This acquisition represents another investment for the Group in the country and a strategic milestone in its Indian growth story. Also Read | Nothing OS 4.0 Beta Rolls Out for Phone 3a Pro and Phone 3a Models; Check Details on Visual Upgrades, Lock Glimpse Featur ...Read More >
NewsVoir Mumbai (Maharashtra) [India], October 27: Crompton Greaves Consumer Electricals Ltd., a trusted leader in home and energy solutions, has achieved a major milestone in its solar journey by securing a significant solar rooftop order in the state of Andhra Pradesh. The order will cover and solarize over 40,000 households with 2 KW on-grid rooftop systems over the near term, amounting to a total contract value of Rs. 445 Crs. This large 77 MW win, valued at Rs. 445 Crs, is Crompton's larg ...Read More >
Gurugram (Haryana) [India], October 24: PB Wheels, a brand of PB Fintech group, recently expanded into preventive and end-to-end car maintenance services, scaling up its car care offerings for customers across India. With this expansion, PB Wheels now provides a comprehensive suite of services, including motor insurance claims facilitation, repairs, servicing, preventive maintenance, and value-added car care solutions. Also Read | Jammu and Kashmir: Man Sentenced to Life Imprisonment for Raping ...Read More >
Pune (Maharashtra) [India], October 17: Dhanteras marks the beginning of Diwali, and it is celebrated across India to invite prosperity, health, and good fortune. It is also highly auspicious for fresh beginnings, including planning for a future home, as it attracts prosperity and positive energy. Lenders like Bajaj Housing Finance also extend festive offers during this period, including lower processing fees and attractive interest rates, making this the ideal time to use Diwali bonuses. Also ...Read More >
At a startup in India, developers are improving AI chatbots that communicate like humans. LimeChat aims to drastically reduce customer service jobs by automating responses, cutting staff by 80% for 10,000 monthly queries. Cofounder Nikhil Gupta says once clients hire their AI agents, they won't need to hire people again. At a startup office in this Indian city, developers are fine-tuning artificial-intelligence chatbots that talk and message like humans. The company, LimeChat, has an audacious ...Read More >
Mumbai, Oct 8 (PTI) Reserve Bank Governor Sanjay Malhotra on Wednesday exhorted the fledgling fintech ecosystem to focus on the underserved sections of the society to deepen financial inclusion. Speaking at the annual Global Fintech Fest here, Malhotra accepted that serving the "privileged" will be a lucrative business, but urged the smaller companies to focus on the underserved. "Build for inclusion. While there may be higher profits to be made by deepening access to the haves and the privile ...Read More >
PNNNew Delhi [India], October 1: In India's rapidly evolving food and beverage landscape, one brand is making waves with its authentic blends, sustainable growth, and community-driven vision -- GoChai Beverages Private Limited, popularly known as ChaiEra. Established in August 2019 and operational post-COVID from April 2022, the company has swiftly become a standout in the tea cafe segment by blending tradition with innovation.From humble beginnings in a 90 sq. ft. outlet generating just ₹2,000 ...Read More >
Chennai (Tamil Nadu) [India], September 15: Star Health and Allied Insurance Company Ltd. (Star Health Insurance), India's leading retail health insurance provider, has introduced 'Know Your Policy', a new in-app feature designed to enable health insurance coverage, which is easier to understand and is highly accessible to its customers. This aligns well with IRDAI's mandatory Customer Information Sheet (CIS) and the broader consumer protection objectives. Initiatives like Star Health's simplifi ...Read More >
Chennai (Tamil Nadu) [India], September 15: Star Health and Allied Insurance Company Ltd. (Star Health Insurance), India leading retail health insurance provider, has introduced Know Your Policy, a new in-app feature designed to enable health insurance coverage, which is easier to understand and is highly accessible to its customers. This aligns well with IRDAI mandatory Customer Information Sheet (CIS) and the broader consumer protection objectives. Initiatives like Star Health simplified versi ...Read More >
Mumbai: In a cyber-fraud racket bust on Saturday, the Central Bureau of Investigation (CBI) has arrested two members of a gang that ran two illegal call centres in Nashik. Operators of the call centres would impersonate insurance agents and government authorities to dupe nationals of the United Kingdom (UK). The CBI has identified the two arrested accused as Shyam Kamnakar and Ganesh, who have been remanded to the agency's custody till Monday by a special CBI court in Thane. Following searches ...Read More >
Mumbai, Aug 25 (PTI) Cyber police arrested two individuals for allegedly duping a 79-year-old doctor from Mumbai of Rs 25 lakh through a fraudulent share trading scheme, an official said on Monday. The accused, identified as Prashant Chaudhary and Richard Rao, were found to be in contact with cyber fraudsters and had opened multiple bank accounts used to facilitate the fraudulent transactions, he said, adding that the arrests were made by the cyber cell of the Western Region. The victim, a sen ...Read More >
Kinnaur: A cloudburst was reported in Himachal Pradesh's Kinnaur district on Wednesday evening. Due to the cloudburst, a sudden flash flood struck Hojis Lungpa Nala. Notably, the site was an active road construction zone under CPWD towards Gangthang Bralam. A rescue operation was launched to rescue the stranded civilians. The Indian Army was also called in to help the local administration. The Army has deployed its new generation equipment to assist in the operation. The Logistics Drone High Al ...Read More >
New Delhi [India], August 14 (ANI): Generative Artificial Intelligence (AI) has the potential to improve banking operations in India by up to 46 per cent, according to a report by the Reserve Bank of India (RBI). The central bank noted that AI can help financial institutions better understand customer behaviour, improve efficiency, and offer more personalised services at scale. Also Read | Fact Check: Did EC Overlook 50 'Sons' of a Single Man in Varanasi? Congress' Claim Is Misleading, Ram Jan ...Read More >
Thane, Aug 14 (PTI) A fire broke out at a cafe located in a multi-storey residential building in Maharashtra's Thane city early Thursday morning, following which 35 persons were evacuated from the structure, officials said. No casualty has been reported as of now, Thane Municipal Corporation's disaster management cell chief Yasin Tadvi said. The blaze erupted in the Parsik Cafe located on the ground floor of the six-storey building at Kharegaon in Kalwa (West), he said. The disaster managemen ...Read More >
New Delhi [India], August 14 (ANI): Generative Artificial Intelligence (AI) has the potential to improve banking operations in India by up to 46 per cent, according to a report by the Reserve Bank of India (RBI). The central bank noted that AI can help financial institutions better understand customer behaviour, improve efficiency, and offer more personalised services at scale. It stated, "GenAI is poised to improve banking operations in India by up to 46 per cent". The report said AI is incr ...Read More >
New Delhi [India], August 14 (ANI): Generative Artificial Intelligence (AI) has the potential to improve banking operations in India by up to 46 per cent, according to a report by the Reserve Bank of India (RBI). The central bank noted that AI can help financial institutions better understand customer behaviour, improve efficiency, and offer more personalised services at scale. It stated, GenAI is poised to improve banking operations in India by up to 46 per cent. The report said AI is increa ...Read More >
* Mandatory training introduced for all Delhi Transport Corporation drivers and conductors * CCTV cameras in buses will monitor staff behaviour and ensure compliance in real time * Training covers ethical values, customer service, safe driving, and lane discipline Did our AI summary help? Let us know. Switch To Beeps Mode In response to growing complaints about rash driving, skipped bus stops and misbehaviour by Delhi Transport Corporation (DTC) staff, the Delhi government on Friday announ ...Read More >
New Delhi: Delhi govt has prepared a plan under which Delhi Transport Corporation (DTC) bus drivers and conductors will receive regular training, with a focus on ethical values, customer service and safe driving, transport minister Pankaj Singh said on Friday. The move is for improving the public image of DTC buses.The minister mentioned that DTC bus drivers who fail to halt at designated stops or are found speeding will face strict departmental action.Several commuters have complained about the ...Read More >
New Delhi [India], August 2 (ANI): Delhi Transport Minister Pankaj Kumar Singh said that the government will soon begin a comprehensive training initiative for Delhi Transport Corporation (DTC) drivers and conductors, with a focus on ethical conduct, customer service, and road safety. According to a press release issued by the office of the Transport Minister, the initiative aims to improve DTC public image and raise operational standards across the network. Dr Singh stated that the Delhi Tran ...Read More >
Ashok Leyland will follow a proactive approach to navigate emerging global and industry trends including electrification and supply chain challenges as it remains in hunt to be among the world's leading commercial vehicle manufacturers, according to Chairman Dheeraj G Hinduja. In his address to shareholders in the company's Annual Report for 2024-25, he noted that the commercial vehicle and mobility sectors are undergoing profound transformation. Electrification is accelerating, even as altern ...Read More >
BusinessWire India Singapore, July 19: DBS scored a hat-trick of global wins at the Euromoney Awards for Excellence 2025. This included receiving the "World's Best Bank" accolade, marking the third time that the bank has clinched Euromoney's top accolade since 2019. The recognition is a testament to DBS' solid financial performance, unwavering commitment to customer excellence, relentless focus on innovation and strong sense of purpose. DBS was also named the inaugural winner in the "World's Be ...Read More >
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