Category Archives: Insights

Machines to bring mega global unemployment by 2045: study

By | February 16, 2016

With the advances made in Artificial Intelligence (AI), human labour may soon become obsolete, experts have warned. Rice University computer scientist Moshe Vardi expects that within 30 years, machines will be capable of doing almost any job that a human can. In anticipation, he is asking his colleagues to consider the societal implications. Can the… Read More »

Seeing your glass half full leads to depression

By | February 10, 2016

Your positive or negative thinking is more than just a personality trait. If you consider yourself an optimistic person, bad news: your sunny outlook makes you more prone to depression, according to a new research. The New York University study suggests that positive fantasies about how future events will turn out can lead to increased… Read More »

Infosys is renewing its appraisal system too, will reward employees with ‘iCount’

By | February 8, 2016

Under Vishal Sikka’s ‘new and renew’ strategy, Infosys is doing away with bell curve appraisal system and is bringing ‘iCount’ in place. Under iCount, employees will be rewarded on specific short term targets and will be given feedbacks throughout the year. Infosys employees will also be rewarded on the basis of how well they perform… Read More »

61 per cent Indian working population aged 45 plus, wants to retire in next 5 years

By | February 4, 2016

More and more Indians aged 45-plus want an early retirement. As per a survey conducted by HSBC, around 61 per cent working population in India aged 45 plus want to retire in the next five years. Majority of the respondents cited work pressure, which was variably affecting mental and physical health. Global bank HSBC’s latest… Read More »

Infosys Vishal Sikka wants to be at ‘Zero Distance’ from his clients

By | January 18, 2016

If you ever happen to visit Infosys’s Bengaluru office, you would find a computer outside CEO Vishal Sikka’s office that is never switched off. The live web link there is on 24×7, so that employees can talk to their counterparts in Palo Alto whenever they want to. “The whole idea is to get Infosys employees… Read More »

Many young people fear losing their jobs to robots, survey finds

By | January 18, 2016

Four out of ten young people believe machines will be able to do their jobs within a decade, an international survey published on Monday has found. Nearly half of young workers surveyed in Western countries said their education did not prepare them to do their jobs. The skills gap is especially pronounced in Europe, according… Read More »

Women in Mumbai get first permits to drive auto-rickshaws

By | January 15, 2016

Hundreds of women in Mumbai have won permits to drive auto-rickshaws, or tuk-tuks, through a lottery aimed at encouraging more women to take the wheel. At least 467 women in the Mumbai metropolitan region and about 100 more in Maharashtra received the permits this week, and could be driving their three-wheeled vehicles in a couple… Read More »

India IT firms may raise fees to counter dearer U.S. visas

By | January 11, 2016

India’s export-driven IT outsourcing firms are likely to raise client fees and process more work from their centres in India to cushion the impact of an increase in fees for work visas in the United States, their top market, investors said. The new U.S. measure will shave 50-60 basis points off the profit margins of… Read More »

NDMC to launch initiative for empowering beggars, ragpickers

By | January 11, 2016

The New Delhi Municipal Council (NDMC) has said that it will launch an initiative called ‘Aatm Nirbhar’ with an aim to empower beggars and ragpickers in the national capital. Under the scheme, the beggars and ragpickers will soon manage toilet complexes in the city. Chairman, Department of Environment Management Services Committee of NDMC, Vijay Prakash… Read More »

Crash rates for self-driving cars less than conventional car: study

By | January 10, 2016

Self-driving cars are involved in fewer crashes on average than vehicles with a driver behind the wheel, a study released on Friday by the Virginia Tech Transportation Institute shows. The study was commissioned by Alphabet Inc’s Google unit, which has reported a series of minor crashes involving its self-driving fleet. It looked only at Google’s… Read More »