Apr 11, 2016 - We're close to being leaders in the digital banking space: SBI

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Sree Vijaykumar From the Editor's Desk One of the key business opportunities that will open up in the next decade are services to help big companies use Artificial Intelligence to improve operations. Some of the cutting edge AI work is being done at companies like Google and Facebook. While they figure out how to get automated cars and chat-enabled commerce to work, there are AI led improvement opportunities in virtually every industry. Artificial Intelligence will help reduce inefficiencies and improve customer satisfaction in sectors ranging from power to telecom to retail, but these companies will need external help to do this. Who will take the lead in helping firms figure this out? Infosys, Wipro, TCS, Cognizant, are you listening? - Comment We're close to being leaders in the digital banking space: SBI We're close to being leaders in the digital banking space: SBI - The country's largest bank, State Bank of India, has managed to migrate about a tenth of its 280 million customers to the internet platform. The Real Deal with Email and What TradeBriefs does right So, here’s the real deal with email. Yes, we all get too much email, but for those of us who check it, we do so over 15 times a day.   Government may form panel to okay PSBs’ bad loan settlement plans The move comes after the governments bid to clean up the bad-loan mess and give state-run banks a fresh start didnt elicit an enthusiastic response. 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India offers to invest $20 billion in Iran New Delhi seeks land, natural gas for LNG, petrochemical, fertilizer units to produce commodities for India NSEL scam: Suspicion mounts on brokers routing black money There are also complaints against some brokers that they created fake ledger accounts in the name of their clients without their knowledge, sources said. PMO likely to review India Post's progress on April 14 According to sources, PMO will also take stock of progress made by Department of Post (DoP) to improve functioning through initiatives like e-commerce and IT modernisastion. FPIs remain bullish on Indian markets; pour in Rs 7,600 crore in April Market experts attributed the huge inflow this month to rate cut by Reserve Bank of India (RBI) in its first monetary policy meet of 2016-17 on April 5. Banks will remain political fiefdoms till privatized Public sector banks are losing huge sums and running up gargantuan bad debts. Defaulters like Vijay Mallya, once politically powerful, are fleeing abroad. India’s banking crisis is fundamentally political, not financial. The left, predictably, blames... Why are base metal prices crashing again after clear signs of recuperation Global concerns over demand outlook and volatility in dollar influenced the base metal prices broadly. Domestic futures prices, too, mirrored the trend. Mahindra forays into MF business, eyes rural, semi-urban markets The company will focus on rural and semi-urban markets where its non-bank lender parent Mahindra Finance has a strong presence Banks bureau to chart PSB mergers, says Jayant Sinha The issue of consolidation of public sector lenders has come to the fore with Union minister of state for finance Jayant Sinha stating that the Banks Board Bureau would draw a road map for mergers. 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But the figures have dropped significantly this year, providing Jack Ma to assert his dominance. - DLF promoters to sell 40% stake in rental arm for Rs 12000-14000 crore DLF promoters to sell 40% stake in rental arm for Rs 12,000-14,000 crore - The real estate firm will continue to own remaining 60% stake in its rental arm DLF Cyber City Developers Ltd (DCCDL). UAE retail chain Lulu group to invest Rs 5000 crore in India in next 4 years International Business Times, India Edition articles  Hands, heads and robots work in sync at Amazon warehouses Amazon’s DuPont fulfillment center is a sort of laboratory for how the company is using robots to do much of its heavy lifting. But it also shows how the human workforce is not only necessary but superior in some respects. Exclusive: Dior remains in my DNA, says Kalyani Saha Chawla - Kalyani Saha Chawla, VP - Marketing and Communication, Christian Dior Couture, completes 10 years at the hallowed label. In an exclusive to After Hrs, she talks about how she managed to keep the label ahead of the luxury retail curve... Online marketplaces' cashback offers distort level-playing field, says retail association - According to the Retailers Association of India (RAI), the cashback or money back guarantee offered by an e-commerce marketplace should be considered tantamount to influencing the selling price. For a level playing field in 4G telecom Policy and regulation in Indian telecom have evolved in response to competition in the business and its articulation in the equally competitive polity. The regulatory framework needs to evolve further, at this juncture, on the... With no 3G or 4G services and limited presence, Telenor may exit India telecom business The company's India experience has been fraught with disappointment, given that it has invested over $3 billion since 2008-09 in trying to build a business in the country. 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But tha As Apple plots India push, Samsung takes turf with revamped phones MUMBAI/SEOUL (Reuters) - Samsung Electronics Co Ltd <005930.KS> is regaining smartphone share in India with a revamped line-up packed with special features including a safety mode for motorcyclists, as rival Apple Inc readies a renewed push into Huawei, LeEco look to start mobile phone production in india A delegation of Huawei met Telecom Minister Ravi Shankar Prasad on Friday and apprised him of its expansion plans for the country. iPhone SE first day demand weakest for Apple phones For many markets, the iPhone SE is being pitched as an affordable iPhone which is not evident in India with the current pricing but in a couple of months that can all change. Dial-a-deal: Bharti Airtel buys pan-India 4G presence The deal comes within days of Airtel buying radio waves from Videocon Telecommunication for six regions for Rs 4,428 crore. Make In India: Mobile Phone Manufacturing Reaches Rs 54000 Crore Thanks to Make in India initiative, India has manufactured mobile phone worth Rs 54,000 crore in FY 2015-16, showing a growth rate of 186 percent TradeBriefs Publications are read by over 10,00,000 Industry Executives India Business Brief | India Retail News | India Food Brief | India Telecom Brief | India Finance Brief | India Software Brief | India Digital Brief | India Ecommerce Brief | India Franchise Brief | India HR Brief | India Logistics Brief | India Construction Brief About Us  |  Advertise Privacy Policy    Unsubscribe You are receiving this mail because of your subscription with TradeBriefs. Our mailing address is GF 25/39, West Patel Nagar, New Delhi 110008, India