Page 63 - Data Science For News Today

Participating in a discussion on The White Paper on Indian economy in Lok Sabha, Sule said whatever happened in Paytm Payments Bank Ltd (PPBL) is "very alarming" and is almost like money laundering.

Social media influencers, such as those on YouTube and Instagram, will be in contention for the awards as well, the sources said. One of the categories will be for those who have helped spread the countrys soft power and culture internationally.

Under the Digital Services Act (DSA), 20 very large online platforms, including TikTok, Meta, Google, Apple and two very large online search engines are required to pay the annual charge. The size of the fee accounts for the average monthly active users for each company and whether it posts a profit or loss in the preceding financial year.

The FCC noted that state attorneys generals previously could target the outcome of an unwanted AI-voice-generated robocall, but the new action makes the act of using AI to generate a voice in these robocalls itself illegal.

Companies, across seed, early and late-stages, had raised about $185 million from 31 rounds in the period from February 3 to February 9, 2023, as per data from Tracxn. The most significant amount of capital raised this week was in the early stage, at about $122.6 million, accounting for about 79% of the overall deal value. Seed-stage funding came next at $23.5 million, commanding 15%.

The investment allows Paytm to beef up its arm which processes online transactions. While the investment is less than $12 million, an approval would signal Paytm is still in the governments good books even as the countrys banking regulator has tightened its grip on the company.

Indias travel industry is thriving, with demand for air, road and rail travel as well as for hotels booming fuelled by rising disposable incomes. But online travel aggregators are locked in a battle to win customers, with analysts saying that MakeMyTrip has lower charges and better service.

To give a further push to clean mobility in the country, the Ministry of Heavy Industries has announced that the outlay of the Faster Adoption and Manufacturing of Electric Vehicles in India (FAME-II) programme has been enhanced from Rs 10,000 crore to Rs 11,500 crore, an official statement said.

Santhosh Viswanathan, vice president and managing director of Intel, India region, said the company continues to engage in Indias electronic manufacturing sector as the country has potential to create a balanced supply chain that the world needs.

The San Jose, California-based company has a total employee count of 84,900 as of fiscal 2023, according to its website. The company is still deciding on the total number of employees to be affected by the layoffs, one person said.