DATA SCIENCES
India¡¯s Research Industry Revenue Projected to Reach $3.4 Billion in FY25: MRSI
India's research industry is booming. Revenue will hit $3.4 billion in FY25. Analytics and AI are driving this growth. International clients contribute 80% of revenue. The industry employs 145,000 professionals. Demand for AI and data science experts is rising. The sector is expected to grow by 11% to 14% in FY25.
Older IIT's less sought after branch or Computer Science at newer IITs?
The debate over whether students should prioritize the prestige of older IITs or secure a sought-after branch like Computer Science (CS) at newer IITs has sparked renewed discussions. A Reddit post by an IIT graduate shared their experience of choosing a less popular branch at IIT Madras over CS at IIT Bhilai, leading to a lucrative job offer. The author emphasized that the "IIT tag" and the network of older IITs played a significant role in career success.
Why does OpenAI need so much money?
OpenAI's accelerating expenses are the main reason the corporate structure of the company, which began as a nonprofit research lab, could soon change. OpenAI must raise billions of additional dollars in the years to come, and its executives believe it will be more attractive to investors as a for-profit company.
Tech companies claim AI can recognise human emotions but the science doesn't stack up
The global market for AI-based emotion recognition systems is growing. It was valued at US$34 billion in 2022 and is expected to reach US $62 billion by 2027. These technologies work by making predictions about a person's emotional state from biometric data, such as their heart rate, skin moisture, voice tone, gestures or facial expressions.
IIT Guwahati, IIT Mandi, and CSTEP Bengaluru release district-level climate risk assessment report for India
A new report reveals 51 Indian districts face "Very High" flood risk and 91 face "Very High" drought risk. Alarmingly, 11 districts are highly vulnerable to both. The report, a collaboration between IITs and CSTEP, urges targeted adaptation strategies and capacity building for a climate-resilient India.
India Inc is in the mood to hire more in Jan-March 2025
India's hiring outlook for January-March 2025 is at a robust 40%, exceeding the global average by 15 points. The IT sector leads with a 50% outlook, driven by AI investments and multinational interest. Western India shows the strongest regional outlook at 43%. Larger organizations and gender pay equity initiatives are also driving positive hiring trends.
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AI triggers boom in flexi-work options for technology professionals
Skilled tech professionals, particularly in AI, are increasingly choosing freelance work, commanding high hourly rates on platforms like Upwork and Appen. Indians are prominent, offering competitive rates while demand for AI skills like data annotation and training surges. This shift allows workers flexibility and higher earnings compared to traditional employment.
This is how water may have originated on Earth. New study makes startling revelations about comets
Scientists have revisited the theory that Earth's water came from icy comets. New research suggests cometary dust might alter deuterium measurements, resolving earlier inconsistencies in understanding Earth¡¯s water origins.
IPO Calendar: Vishal Mega Mart, One Mobikwik to lead a blockbuster primary market week with 9 new issues
The IPO of Vishal Mega Mart, a prominent supermarket chain in India, will open for subscription on December 11 and close on December 13. The company has set a price band of Rs 74-78 per share for its Rs 8,000 crore IPO. At this size, Vishal Mega Mart's IPO will rank among the largest of the year, following Hyundai Motors India's Rs 27,000 crore issue, Swiggy's Rs 11,000 crore-plus offering, and NTPC Green Energy's Rs 10,000 crore issuance.
Biohacker Bryan Johnson¡¯s quest is to stall aging. But, can science make death optional?
Bryan Johnson, a biohacker, is testing ways to slow aging. He uses data and science to track his biological age. Johnson focuses on diet, sleep, and exercise. His aging rate is slower than his chronological age. He aims to make death evitable. This challenges traditional views on aging.
Stock Radar: This pharma stock gave multibagger returns in the last 1 year; should you buy, sell or hold Strides Pharma?
Strides Pharma Science Ltd (STAR) surged over 200% in a year, hitting Rs 1,675 in October. After a dip, the stock rebounded from its 20-week EMA, signaling bullish momentum. Experts predict a target of Rs 1,950 in the coming weeks, with a stop loss at Rs 1,500.
Your brain has a hidden superpower: Here's what it can do
A new study from Oregon Health and Science University (OHSU) indicates that the ability to process numbers may be rooted in a deep brain region, the putamen, previously linked to movement and cognition. This discovery challenges earlier beliefs about human brain evolution and highlights the potential for new educational approaches for individuals struggling with mathematics. The study¡¯s findings also provide insights into the origins of abstract thought and reasoning.
Cancer misinformation extremely prevalent in India; trust in science, medicine crucial: Report
A new report reveals extensive online misinformation about cancer and other health topics in India and calls for stricter content regulations. The study analysed social media content and found misinformation in areas like cancer, reproductive health, and vaccines. Experts recommend upskilling local health workers and using technology to improve health literacy and counter false information.
Across campuses, startups and ecomm cos have a big appetite for engineering talent
Startups and e-commerce companies are increasingly hiring from top engineering colleges, offering attractive salary packages, signaling confidence in their business and funding prospects. Companies like Zomato, Flipkart, Ola, Meesho, Myntra, and PhonePe are recruiting for roles in software development, data science, AI, and machine learning at campuses including IITs, NITs, and BITS Pilani.
These 7 stocks to trade ex-dividend on Thursday. Last chance to buy!
Seven companies, including GPT Healthcare and Bayer CropScience, are set to trade ex-dividend on November 28th. Investors have until today to buy shares and qualify for the announced dividends. These payouts range from Rs 0.1 per share to Rs 90 per share, offering income opportunities for shareholders.
How Sunita Williams maintains her health in Space overtime: The science behind it
Sunita Williams and Barry Wilmore¡¯s space mission has unexpectedly extended due to technical complications with Boeing¡¯s Starliner spacecraft. Initially planned as a short test flight, the astronauts are now staying at the International Space Station (ISS) longer than expected, with a return planned in early 2025. NASA emphasises the safety of the astronauts while they continue conducting vital research in space. This article covers the physical effects of prolonged space travel and details about Williams¡¯ and Wilmore's ongoing mission.
We plan to grow via M&As, double market capitalisation in 3-5 years: Anant Goenka, Vice Chairman, RPG Enterprises
RPG Enterprises is actively pursuing strategic mergers and acquisitions (M&A) to fuel growth across its diverse portfolio of companies. The conglomerate aims to double its market capitalization within the next 3-5 years by capitalizing on infrastructure opportunities, expanding Ceat's global presence, and growing Zensar Technologies into a billion-dollar company.
Telangana secures over Rs 36,000 crore in life sciences investments, genome valley leads the way
Telangana's Genome Valley is attracting substantial investments in life sciences. Over Rs. 36,000 crore was invested in the past year. This resulted in over 140 new projects. These projects include pharmaceutical manufacturing, R&D centers, and vaccine production. International companies are partnering with Indian businesses. The government expects these investments to create thousands of jobs.
COP29: What is the latest science on climate change?
Scientists warn that the world may have already surpassed the critical 1.5¡ãC warming threshold, pushing past a point of irreversible climate change. Record-breaking temperatures are fueling more intense hurricanes, devastating wildfires, and widespread coral bleaching. New research reveals alarming trends like the Amazon rainforest nearing a tipping point and a potential slowdown of the Atlantic Ocean current.
Money can buy happiness! Here's the science
New research challenges the age-old saying that money can't buy happiness. Economists and psychologists have found a strong correlation between wealth and well-being, suggesting that higher incomes contribute to both daily contentment and overall life satisfaction. Studies indicate this trend holds true even at the highest income levels, debunking the idea of a happiness plateau.
Shriram Group endows chair at IISc for computational mechanics
Shriram Group collaborates with IISc to establish a Chair in Computational Mechanics, aiming to support research in fields like mechanical, electrical, and quantum mechanics. This initiative emphasizes creating novel numerical methods and data-driven models, underscoring the group's commitment to advancing academic and industry knowledge.
IIT Madras to launch first international centre for research and innovation in Dubai
Indian Institute of Technology, Madras will launch its first international flagship centre in Dubai by early 2025. Named IITM Global Dubai Centre, it will focus on AI, data science, robotics, and sustainable energy, fostering innovation and deep-tech startups while strengthening Dubai-India ties.
Ahead of Market: 10 things that will decide stock action on Friday
Indian indices closed slightly higher on Thursday, with financial stocks gaining and IT shares declining. However, higher-than-expected US inflation data may negatively impact Friday's trade. Analysts predict a sideways trend with support at 24,950-24,900 and resistance at 25,150-25,400.
After Mumbai, Delhi among 3 cities to get urban radar network for better weather forecast
Delhi, Chennai, and Kolkata are set to receive urban radar networks for improved weather forecasting within the next year. This follows the recent installation of X-band weather radars in Mumbai, as part of Mission Mausam. The mission aims to enhance weather forecasting services across India with advanced technology, making cities more weather-ready and climate-smart.
Top tech institutes push for overhaul of AI curriculum
IIT Hyderabad's campus showcases driverless shuttles, a testament to India's AI advancements. The TIHAN-Technology Innovation Hub, launched in 2020, drives this initiative. IITs across India are revamping their AI curriculum, with new programs at IIT Madras and IIT Kharagpur reflecting growing student interest. Industry collaboration is key to these educational innovations.
Pfizer sets up analytics capability centre in Mumbai
Pfizer has launched its first dedicated commercial analytics centre in Mumbai, named 'the Analytics Gateway'. This centre will support Pfizer's international markets by providing data and analytics insights to benefit patients. It aims to modernize marketing, create an agile sales force, and enhance commercial effectiveness globally.
Temasek arm pares 1.4% stake in Godrej Agrovet for over Rs 212 crore
V-Sciences Investments, part of Temasek Holdings, sold a 1.4 per cent stake in Godrej Agrovet for over Rs 212 crore through an open market transaction. The sale involved 27.10 lakh shares at an average price of Rs 785.13 each. This reduces V-Sciences' holding in the company to 6.36 per cent from 7.77 per cent.
Banks up tech hiring with RBI pushing for enhanced risk management
In response to the RBI's increasing focus on financial sector stability, banks are bulking up their technology capabilities by expanding their tech teams and increasing IT investments. This comes amid the growing importance of cybersecurity and the need to adopt AI-driven services, which are becoming essential components of the banking industry.
Machine learning opens a window for mid-career job opportunities
Machine learning has become an attractive career choice due to its applications in customer insights and operational efficiency. Opportunities abound for both freshers and mid-career professionals, thanks to accessible learning platforms. Key skills include proficiency in Python, statistical knowledge, and familiarity with machine learning frameworks. Freelance ML roles are also in high demand.
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