Thursday, February 6, 2020

Russian Helicopters Signs Roadmap for Ka-226T Indian Localization


Russian Helicopters Holding Company (part of Rostec State Corporation) has signed a roadmap at the Defexpo 2020 exhibition with the Russian-Indian company Indo-Russian Helicopters Limited (IRHL) for localization of Ka-226T helicopter production in India.

The document defines the main stages and terms for organizing production of the Ka-226T helicopter and its units in India with respect to the date when the corresponding contract will be signed. In particular, the roadmap reflects timelines for setting up production in India, contracting with suppliers, transferring design documentation, supplying technological equipment and machine kits, training Indian personnel and other key stages of the project to localize production of the Ka-226T helicopter in India.
"The roadmap signed today will be the basis for further development of the Ka-226T localization project in India after the signing of the contract," said Director General of Russian Helicopters holding company Andrei Boginsky.

Indo-Russian Helicopters Limited is a joint venture of Russian Helicopters, Rosoboronexport and the Indian corporation HAL. The company was registered in India in May 2017 as part of a project to localize the production of Ka-226T helicopters.

The light utility helicopter Ka-226T has a coaxial twin-rotor system, its maximum takeoff weight is 3.6 t, and it is able to transport up to 1 t of payload. A transport cabin is installed on the helicopter, designed to transport up to 6 people or modules with special equipment. Improved performance characteristics of the Ka-226T, its eco-friendly features, cost effectiveness, advanced avionics and additional flight safety solutions make this helicopter one of the best models in its class.

Snap Rolls Out Support for Five Additional Indian Languages


Snap Inc. has announced that it will be rolling out support for five additional Indian languages including Bengali, Kannada, Malayalam, Tamil and Telugu over the coming weeks. This comes alongside Hindi, Marathi, Gujarati and Punjabi, which were introduced last year, bringing the total to nine.

The new languages continue Snap’s commitment to building a local product for India. In 2019, the company opened its first office in Mumbai and established a team focused on expanding local partnerships, building an engaged community of creators and users and supporting local advertisers. Snap also introduced tools, experiences and content designed especially for its community in India. The company announced partnerships including TSeries, NDTV and WWM Times Group. In addition, it launched Landmarkers - augmented reality (AR) experiences - for two iconic Indian monuments, the Taj Mahal and the Gateway of India, as well as AR Lenses, Filters and Stickers during Indian festivals, for IPL teams and Bollywood movies. Snap also recently teamed up with Reliance Jio for a first of its kind “Jio’s Got Talent” creative AR challenge.

Nana Murugesan, Managing Director, International Markets at Snap Inc., “Snapchat empowers people to express themselves with their real friends. We understand how important language is in deepening relationships and we continue to roll out new features and experiences that reflect the culture and values of our community in India. We are excited by the growth we’ve seen here as we have almost doubled our daily users over the past year and we are thrilled to bring the magic of Snap to an even bigger audience. India is one of the most culturally diverse countries in the world, and we want our platform to be accessible to as many people here as possible.”

Globally, Snapchat has an average of 218 million daily users. The average number of Snaps created every day has grown to more than 3.5 billion while the average time spent per user is 30 minutes per day. On average, 2 in 5 Snapchatters watch Discover feed content every day that offers more than 450 premium content channels worldwide. Recently, Snapchat launched a unique form of personalised entertainment with Bitmoji TV featuring the Snapchatter and last snapped friend in a 10-episode series.

LTI Expands Strategic Partnership with OKQ8 Scandinavia to Accelerate Digital Transformation


Larsen & Toubro Infotech Ltd., a global technology consulting and digital solutions company has expanded its engagement with OKQ8 AB Scandinavia. Over the next five years, this engagement will transform applications and infrastructure landscape with services that include Infrastructure-as-a-Service (IaaS), Security Services, Application Operations, Maintenance and Development, resulting in improved stability, availability, and predictability of IT operations.

Headquartered in Stockholm, OKQ8 is one of Scandinavia’s largest fuel companies with a turnover of over SEK 39 Bn and nearly 1,000 stations across Sweden and Denmark. LTI has been a partner of OKQ8 since 2017, and this expanded partnership is an outcome of impact delivered over these years. As a strategic partner, LTI will leverage its rich analytics, automation, and AI capabilities to deliver these services to OKQ8.

Mikael PĂ„lsson, CIO, OKQ8, said, “To serve our customers better, it is imperative for OKQ8 to integrate our ecosystem comprising fuel stations, convenience stores, car wash, car rentals, financial, and insurance services. As our strategic partner, LTI brings the right experience, technology expertise, and cultural alignment to ensure the complete success of this program.”

Arun Sankaranarayanan, Chief Business Officer, LTI Nordics, said, “Since its inception in 1999, OKQ8 has consistently set high standards for technology adoption and excellence in customer service. We are excited to expand our partnership with OKQ8 to design next-generation architecture and fulfill the company’s digital transformation vision. LTI would leverage its capabilities in exponential technologies and customer-centric approach to help OKQ8 accomplish its strategic goals.”

LTI has a strong presence across the Nordic region and partners with leading companies to help them compete effectively in a changing world.

About LTI:

LTI (NSE: LTI) is a global technology consulting and digital solutions Company helping more than 420 clients succeed in a converging world. With operations in 32 countries, we go the extra mile for our clients and accelerate their digital transformation with LTI’s Mosaic platform enabling their mobile, social, analytics, IoT and cloud journeys. Founded in 1997 as a subsidiary of Larsen & Toubro Limited, our unique heritage gives us unrivaled real-world expertise to solve the most complex challenges of enterprises across all industries. Each day, our team of more than 30,000 LTItes enable our clients to improve the effectiveness of their business and technology operations and deliver value to their customers, employees and shareholders. Read more at http://www.Lntinfotech.com or follow us at @LTI_Global

TRA’s Most Desired Personality list 2020; Amitabh, Madhuri Are India’s Most Desired Personalities


TRA’s Most Desired Personalities list has ranked Amitabh Bachchan as India’s Most Desired Personality 2020. Salman Khan is ranked 2nd followed by Akshay Kumar at 3rd position among the top 25 Desired Personalities listed in the report. Indian National Cricket team captain, Virat Kohli, is ranked 4th in the list to become the Most Desired Cricketer this year.  Aamir Khan, is India’s 5th Most Desired Personality in 2020 as per TRA’s report. TRA's Most Desired Personalities 2020 is the sixth in its series, and the list is arrived at through a primary research based on TRA’s proprietary 36-Attribute based Desire Matrix through face-to-face interviews with 1454 viewer-influencers across 14 Indian cites.

N. Chandramouli, CEO, TRA Research, observed, “TRA’s Desire Matrix measures 36 attributes of Desire that get deeply embedded into the subconscious of the audiences over time.  It measures the Aspirational, Emotional, Rational and Communication aspects of desire that audiences most relate with. In this year’s list of the top 25, 19 male and 6 female personalities are the audiences’ choices. Old proves to be gold when it comes to India’s Most Desired Personalities.”

The CEO of the brand insights and research company further added, “Desire is the most fundamental of human expressions and is generated due to subliminally embedded psycho-socio-cultural inputs that audiences receive over time. This list of personalities is a precursor to the soon-to-be released TRA’s Most Desired Brands 2020 which lists India’s 1000 top brands measured on TRA’s proprietary Desire Matrix”. The research company also publishes TRA’s Brand Trust Report currently in its 10th edition.

South Indian superstars, Rajnikant (ranked 15th all-India), Ram Charan (ranked 19th all-India) and Ravi Teja (ranked 22nd all-India) are also listed among the top 25 Desired Personalities this year. Among the three cricketers listed, Virat Kohli leads, Sachin Tendulkar ranks 2nd (ranked 7th all-India) M.S. Dhoni ranks 2nd (ranked 9th all-India). Lata Mangeshkar’s timeless songs have ranked her as the only singer in this list (ranked all-India 23rd).

About TRA Research         
TRA Research, a Comniscient Group company, was conceived in 2008 and is a brand strategy and actionable brand insights company, dedicated to understanding and analyzing stakeholder Buying Propensity. Buying Propensity, made up of Brand Trust and Brand Attractiveness are the proprietary brand matrices of TRA. TRA conducts primary syndicated research with consumers and other stakeholders to assist business decisions and give brands insights improving their ‘keenness-to-buy. TRA provides Brand Intelligence Reports mined from its 30 million data-points on brand intangibles of 20,000 brands collected over the years, and also undertakes custom-made studies for brands. TRA is the publisher of The Brand Trust Report, India's Most Attractive Brands and India’s Most Consumer Focused Brands. 

From Detecting Lung Cancer to Spotting Counterfeit Money: New Imaging Tech Could Have Many Uses


USC scientists have developed a new tool to peer more deeply and clearly into living things, a visual advantage that saves time and helps advance medical cures.

It’s the sort of foundational science that can be used to develop better diagnostics and treatments, including detecting lung cancer or damage from pollutants. The technology is versatile enough it could become a smartphone app for use in remote medicine, food safety or counterfeit currency detection, said Francesco Cutrale, lead author of the study and research assistant professor of biomedical engineering at the USC Viterbi School of Engineering.

Scientists affiliated with the USC Michelson Center for Convergent Bioscience have been working on the technology for the past few years. Their findings were published in Nature Communications.

The technique focuses, literally, on the building blocks of biology. When biologists look deeply into a living thing — a cell, a fish, a person — it’s not always clear what’s going on. Cells and proteins are deeply intertwined across tissues, leaving lots of questions about the interactions between components. The first step to curing disease is seeing the problem clearly, and that’s not always easy.

How this USC-developed imaging technology works

To solve the problem, researchers have been relying on a technique called fluorescence hyperspectral imaging (fHSI). It’s a method that can differentiate colors across a spectrum, tag molecules so they can be followed, and produce vividly colored images of an organism’s insides.

But the advantages that fHSI offers come with limitations. It doesn’t necessarily reveal the full-color spectrum. It requires lots of data, due to the complexity of biological systems, so it takes a long time to gather and process the images. Many time-consuming calculations are also involved, which is a big drawback because experiments work better when they can be done in real time.

To solve those problems, the USC researchers developed a new method called spectrally encoded enhanced representations (SEER). It provides greater clarity and works up to 67 times faster and at 2.7 times greater definition than present techniques.

It relies on mathematical computations to parse the data faster. It can process vibrant fluorescent tags across the full spectrum of colors for more detail. And it uses much less computer memory storage, even more important with the explosion of big data research behind modern convergent bioscience research. According to the study, SEER is a “fast, intuitive and mathematical way” to interpret images as they are collected and processed.

“There is a number of scenarios where this after-the-fact analysis, while powerful, would be too late in experimental or medical decision-making,” Cutrale said. “There is a gap between acquisition and analysis of the hyperspectral data, where scientists and doctors are unaware of the information contained in the experiment. SEER is designed to fill this gap.”

From detecting lung cancer to potential mobile phone app

SEER’s first application will be in the medical and research field. The versatile algorithm, first authored by Wen Shi and Daniel Koo at the Translational Imaging Center of USC, will be used for detecting early stages of lung disease and potential damage from pollutants in patients in a collaboration with doctors at Children’s Hospital Los Angeles. Also, scientists in the life sciences field have started adopting SEER in their experimental pipelines in an effort to further improve efficiency.

Improvements in imaging technologies can also reach the consumer level, so it’s likely that technologies such as fHSI and SEER could be installed on mobile phones to provide powerful visualization tools.

The Michelson Center brings together a diverse network of premier scientists and engineers from the USC Dornsife College of Letters, Arts and Sciences, the USC Viterbi School of Engineering and the Keck School of Medicine of USC under one roof, thanks to a generous $50 million gift from orthopedic spinal surgeon, inventor and philanthropist Gary K. Michelson and his wife, Alya Michelson.

Wednesday, February 5, 2020

Experian Inaugurates India Development Centre in Hyderabad; Aims to Hire 2500 Employees by 2024


Experian, the world’s leading data, analytics and decisioning companies today announced the launch of its new India Development Centre in Hyderabad. The centre was inaugurated by Jayesh Ranjan, Principal Secretary of the Industries & Commerce (I&C) and Information Technology (IT) Departments, Telangana Government.

This is part of Experian’s global network of development centres and will work closely with the Experian product teams globally. It is another step in Experian’s vision of enabling consumers and businesses in taking prudent financial decisions with the help of technology, analytics and innovation. The India Development Center (IDC) will allow Experian to build on its innovation agenda by tapping top talent available in India.

Commenting on the launch, Alex Lintner, Group President of Consumer Information Services, Experian said, “We are very pleased to launch the development centre in Hyderabad. The city has emerged as a major hub for technology and innovation apart from attracting top talent from across the country. Superior infrastructure, good quality of education and a rich talent pool combined with the ease of doing business makes it the ideal location for our India Development Centre. Experian has always believed in fostering a culture of continuous innovation and driving financial inclusion across the world to help consumers get easier access to credit.”

Sathya Kalyanasundaram, Country Head and Managing Director, Experian India added, “We are excited to see Experian’s continued investment in India; and view this move as a clear testament to Experian’s commitment to grow the India operations through both organic and inorganic opportunities. Our continued growth in India over the past several years coupled with sustained investments such as these will propel India to play a significant role in Experian’s overall growth story for the years to come.”

The IDC currently houses 200 engineers and aims to create jobs for approx. 2500 employees by 2024. Located in Cyber Pearl HITEC City, the new centre spans across 35,000 sq. ft. and offers facilities such as 24x7 cafeteria and fitness centre for its employees.

Instamojo Acquires GetMeAShop to Introduce SAAS Offerings for MSMEs Across India


Instamojo Acquires GetMeAShop for $5 Million and Adds Times Internet Limited as an Investor

Instamojo has announced its acquisition of GetMeAShop (A business of Times Internet Ltd), a digital commerce platform for MSME. Instamojo, through its first acquisition will expand its digital solution offerings to empower its +1 million merchant base.

Established in 2012, Instamojo began its journey as a digital payment solution provider and has progressively grown into an online platform for Micro, Small, and Medium Enterprises to start, manage, and grow their businesses online. Over the past 5 quarters, Instamojo also introduced unique credit products and logistics services under the banner of mojoCapital and mojoXpress respectively.

Speaking on the acquisition, Sampad Swain, CEO & Co-founder of Instamojo said, “From the initiation of Instamojo, the primary goal was always to ease business operations for small and medium businesses. With the gradual digitization of sectors, we understood that the challenges faced by MSMEs are beyond just digital payments. Limited access to credit, competition from e-commerce platforms and cash flow were some of the growth obstacles, along with low access and technical knowledge which posed a greater threat. With the GetMeAShop acquisition, the Instamojo suite of offerings will meaningfully expand to enable business owners with web presence tools to start, manage and grow in the rapidly growing tech ecosystem.”.

GetMeAShop is a holistic SaaS platform, helping SMBs adopt and leverage technology without any prior technical know-how. It encompasses a website and online store builder, logistics providers, CRM, native Android and iOS mobile apps, social selling via WhatsApp and Facebook, Marketing tools - SMS, Email, push notifications and robust analytics.

Speaking about integrating with Instamojo, Pushkal Srivastava, founder and CEO of GetMeAShop said, “We're very excited to join the Instamojo family. With a common mission to enable MSMEs it's a partnership which will give us distribution specific to the target segment we've been going after for all these years. And with our full-stack SaaS offering for MSMEs with web/ commerce builder, CRM and analytics built-in we augment the existing offerings of Instamojo perfectly. It’s a 1 plus 1 equals 11 combination. Looking forward to an amazing journey of growth and empowerment of SMEs.”

Sharing his thought on the acquisition, Abhishek Mitra Gupta, VP - Times Internet Ltd said, “The combination of Instamojo and GetMeAShop is a potent combination and creates the solution that MSMEs in India always wanted. The combination will help Indian MSMEs to take their offerings online without any friction. We have immense faith in the combined leadership of Instamojo and GetMeAShop and look forward to being long term partners. Both teams strive for their customers’ success, it is a must-watch journey.”

Total Pageviews