Top companies back move to set up open cloud compute network
People+ai, an initiative by EkStep Foundation co-founded by Nandan Nilekani, set out last year to address increasing compute demand in the country, which is increasing with AI.
People+ai, an initiative by EkStep Foundation co-founded by Nandan Nilekani, set out last year to address increasing compute demand in the country, which is increasing with AI.
Companies that participated in Aon’s 2023 Global Risk Management Survey listed business interruptions and failure to attract or retain top talent as the other top concerns
Domain expertise in digital, tech, cybersecurity, and risk is crucial for non-executive independent directors. The India Board Report 2023-24 highlights the importance of corporate reputation, stakeholder trust, and ESG implementation. Gender diversity in boards is increasing, and independent directors play a vital role in corporate governance.
Digital firms including Apple, Google, Meta, Amazon, Flipkart, and Uber resisted ex-ante obligations under a new digital competition law. Some home-grown companies like Oyo, Zomato, and Swiggy had reservations, while others endorsed the framework. The Govil panel has now recommended separate digital competition legislation with an ex-ante framework after holding meetings with a cross-section of stakeholders, including the large digital players who had submitted their views.
At the ETCFO Leadership Summit, top industry leaders said that the role of CIO or CTO is more to get the right, sustainable, scalable and secure solution to anything they bring to the table.
Anjali Forbes, Senior Partner at TRANSEARCH India – Banking & Financial Services Practice, elucidates the transformative journey of modern CFOs in "CFO 2.0: Transformative Leadership in the Era of Business Complexity."
The report titled “Talent Acquisition Insights”, for which 1,500 people in India across more than 20 industries were surveyed, says attracting top talent was the biggest hiring challenge last year, with almost four in 10 companies still finding it difficult to hire the best talent. The responses were part of a larger global survey of over 7,500 participants across 48 countries.
Assembly lines are becoming less dependent on humans-the shop floor foreman's holler is headed toward extinction. Instead, data and intelligent technologies have taken charge of factory machines, instructing them on tasks that need to be completed.
Going beyond infrastructural issues, India’s logistics sector has a lot to grapple with. One easy solution could be digital integration.
To address the challenges, Indian organisations are making bold investments in cybersecurity with more than half of the respondents planning to invest in cybersecurity tools (55 per cent) and AI, machine learning and automation technologies (55 per cent) in the next 1-3 years, according to survey findings.
While speaking on the issue of enabling innovative finance for MSMEs, Amar Patnaik highlighted the role of SIDBI, and indicated that a similar recommendation has been made by the Standing Committee on Finance. Patnaik also highlighted the need for supporting women self-help groups by way of capitalisation, market linkages and training.