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Human Resources Both Drive and Limit China's Push for Automation

For China’s government planners, one of the most important roles for artificial intelligence (AI) and automation is addressing looming challenges in the labor market. After nearly four decades of the one-child policy, China’s aging population is growing, while the number of working-age people (15-64) is decreasing.
Zhou Shuopeng Shen Kaikai Baidu Tieba Energy Vehicles Jenvei Technology Generation Information Technology Industry

Lakshmi Machine Works in demand after blockbuster Q3 numbers

Lakshmi Machine Works gained 1.33% to Rs 5163.30 after the companys consolidated net profit zoomed 10 times to Rs 33.26 crore in Q3 FY21 from Rs 3.26 crore in Q3 FY20.Net sales jumped 49.4% to Rs 478.56 crore in Q3 FY21 from Rs 320.33 crore in Q3 FY20. The result was announced after market hours yesterday, 27 January 2021. The companys profit before tax came at Rs 46.62 crore in Q3 FY21, six times higher than Rs 7.46 crore in Q3 FY20. Tax expense jumped to Rs 13.35 crore in Q3 FY21 from Rs 4.2 ...
Lakshmi Machine Works Machine Works Capital Market Textile Spinning Machinery Textile Machinery Division Aerospace Industry

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