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Jio bets big on Artificial Intelligence, to solve real time problems in India
Posted on 12th July 2018
Reliance Jio aims to reimagine India with artificial intelligence (AI), Shailesh Kumar, chief data scientist of Jio, said, adding the telco would deploy AI to solve real-time problems in India. Jio believes that mobile network and data can be provided at low costs by deploying scalable AI, lowering tariffs. The timeline for the technology to be rolled out is yet to be announced. Speaking at the Nasscom Democratizing AI summit, Kumar said Jio continues to expand its telecom infrastructure to remotest areas in the country as the first step.

A scalable AI system will then be deployed, he explained, to add value to sections society that did not have access to mobile and data connectivity. Kumar said his firm will, from scratch, solve the Indian use cases. As part of this initiative, core AI capabilities like speech to text, with variations in accents across all Indian languages, will be made available to the users.

“The diversity of the country makes this process even more complex unlike the Western world where they deal mostly with only one language,” he added. Kumar said the company will not violate privacy laws. There will be a privacy guideline framework and human intervention will be made a norm in managing user data. In addition to these, there will be different levels of user data offuscation that will improve privacy.


Other Latest News
BSNL sold 4,000 satellite phones in last year; aims to sell 10,000 handsets by March 2019
Posted on 23rd July 2018
A year since the high-profile launch of its satellite phone services, BSNL has sold 4,000 handsets, majority to government agencies, and expects the number to reach 10,000 by March 2019 riding on fresh demand from corporates and states for the premium service, its Chairman Anupam Shrivastava said.

SBI, PNB and other PSBs alert: Branches likely to be closed in these areas
Posted on 23rd July 2018
Public Sector Banks (PSBs), including State Bank of India, Punjab National Bank, Indian Overseas Bank, IDBI Bank and Bank of India, are likely to shut one-third of their overseas branches. With an aim to tone down the cost and preserve capital, the Public Sector Banks have decided to close 70 of their 216 foreign branches, according to Indian Express report.

Bajaj and Honda neck and neck for No. 2 slot
Posted on 23rd July 2018
The race for the No. 2 motorcycle manufacturer in the domestic market is almost mirroring a see-saw battle between Bajaj Auto and Honda Motorcycle and Scooter India (HMSI) since the beginning of FY18 and the battle continues on the same lines in the current fiscal also. The country’s annual 20-million-unit-strong motorcycle market has three major players — Hero MotoCorp with a market share of 51.5%, followed by Bajaj Auto at 15.6% and HMSI at 15.5%.

Green panel rejects Bharat Coking Coal’s proposal to amend environment clearance
Posted on 23rd July 2018
The government’s green panel has disapproved amendments to the environment clearance sought by Bharat Coking Coal for its Jharia Coalfields in Jharkhand due to the absence of forest clearance, as per the official document. The company’s proposal was to amend the existing environment clearance given for the cluster XI group of mines that has a peak production capacity of 6.6 million tonnes per annum (MTPA) and Moonidih water capacity of 1.6 MTPA.

Customise your car: Tata Motors to let buyers configure their Harrier SUVs
Posted on 23rd July 2018
Tata Motors will soon shift gears to “Do it Yourself” (DIY) mode as a business strategy with the launch of Harrier, a five-seater sports utility vehicle.

As part of the plan, a digital configurator comprising a three-dimensional graphics-based front-end application (app) will allow customers to choose the power train, brakes, suspension types


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