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A list of dos and don'ts set out in the European Union's Digital Markets Act (DMA) will force the sector to radically reshape its core business practices, a move which may encourage similar steps in other countries.
The ban comes ahead of an Apple event next week that analysts believe will be about launching a new line of iPhones, and could trigger concern among foreign companies operating in China as Sino-US tensions escalate.
Under the multi-year IT services partnership, HCLTech will provide managed IT services and a diverse portfolio of IT capabilities to Elders, including the ability to harness HCLTechs AI offerings and other industry-leading opportunities.
Apart from the challenges of import dependence and costly hardware components, the absence of dedicated legislation for robotics or allied technologies such as artificial intelligence adds to the “privacy and security risks”, which also hinders the widespread adoption of robotics.
Speaking at the Global Fintech Fest here, Das said that good governance will be key to durable and long term success of any company, and in particular, the fintech players.