Reforms over the past year have created disruption in India’s GDP numbers, but the medium term potential looks bullish, and considering the growth trend, it could become the world’s third-largest economy in the next decade, says an HSBC report. According to the global financial services major, al…
Tag: HSBC
HSBC partners with AI start-up Ayasdi Inc to combat money laundering
HSBC Holdings Plc has partnered with Silicon Valley-based artificial intelligence start-up Ayasdi Inc to automate some of its compliance processes in a bid to become more efficient. The banking group is implementing the company’s AI technology to automate anti money-laundering investigations that…
UK spy agency hires Indian start-up for cybersecurity programme
Bengaluru: The next time a hacker tries to break into a British bank, chances are that technology from a small Indian startup will detect the hack. Earlier this month, Britain’s top communications spy agency GCHQ (Government Communications Headquarters), which had cracked Nazi Germany’…
Demonetisation Effect | 400,000 jobs to suffer; e-Commerce to be worst hit
With demonetisation set to reduce India’s economic growth by 1% over the next one year, the job market is likely to see over 400,000 job cuts. You should worry if you work in the e-commerce sector, since firms could handover around 200,000 pink slips in the next one year. “Cash on delivery being …
British companies contribute £29 mn to Make in India
Ten UK-based companies have pledged to invest 29.29 million pound to train about 20 lakh people in India by 2020. “10 UK companies have committed to support India’s Make in India and Skill India initiatives by enhancing skills to global standards and giving the trainees greater employ…
Patanjali to take on online healthcare startups
Ramdev Baba’s Patanjali is reportedly planning up an online platform Chikitsalaya for Ayurvedic consultation and treatment. After taking on FMCG in the country, Baba Ramdev is looking for digital health startup. According to the industry experts this move will help Patanjali ramp up its outreach …
Delhi-born Dilshad Hothi is a rising star of the British business world
Entrepreneurs Dilshad and Barinder Hothi are on a mission to become “the Amazon” of the education world. The Hothi’s story is a true tale of entrepreneurial-ism – with Dilshad arriving in the UK from India in 1999 at the tender age of 21, determined to make his fortune, Ba…
Enactus to partner corporates in India for Student Community Entrepreneurial Projects
Global student organization, enactus targets over 50 corporate partners in 2016 in India for student community entrepreneurial projects. Enactus an international non-profit organization of students with a focus on community empowerment through outreach projects and entrepreneurial action has anno…