internship for fresahers

Whatsapp us?

internship for college students

Talk to us?

NEWS

Posted On:
30-04-2024

Former Tech Mahindra India biz head Mitra quits to set up AI startup

Former Tech Mahindra India business head Jagdish Mitra has set up an AI startup with a proposed initial investment of Rs 65-80 crore. The startup is likely to commence operations in the next three months."We will start going to customers in 8-12 months. Initially, we will invest USD 8-10 million," Mitra -- one of the contenders for the post of Tech Mahindra CEO position after CP Gurnani resigned -- told PTI. "Cost arbitrage factor, driven by manpower, is going to be seriously impacted. It will be driven by values. We need to move from a cost-driven proposition to a value-driven proposition."We are going to focus on value proposition. Our firm will start operations within a quarter," Mitra, who moved out of Tech Mahindra earlier this month, said. Without disclosing the name of the company, Mitra said the firm will focus on manufacturing, retail, and sportstech and operate both from the US as well as India. "Everyone will not develop chatGPT models. It will cost a huge amount of money. Our focus will be on short language models and delivering value in factory output. "There should be a share in the value of outcome that the AI model achieves in factory output. The future of the tech industry is not about the cost of resources developing AI models but it will have to be based on the value it delivers," Mitra said.
internship

Posted On:
01-05-2024

IndiGo sets up desk for passengers with special needs at Delhi airport

IndiGo on Tuesday said it has set up a desk to facilitate check-in for passengers with special needs at Terminal 1 of the airport in the national capital. "Currently, IndiGo has over 20 specially-abled employees and staff at the Delhi airport, who will also be deployed at these desks for assistance," the airline said in a release.According to the release, the airline also offers pre-board courtesy and provisions for customers with sensory impairments, mobility assistance, spinal support equipment, and adverse medical conditions.
internship

Posted On:
01-05-2024

Maruti Suzuki India plans to sell 2 million vehicles this fiscal year

Maruti Suzuki India aims to surpass the domestic industry's performance this financial year by selling two million vehicles, representing an 8.1 per cent increase. According to a report in The Economic Times (ET), the target was shared with the automaker's suppliers during a two-day vendor meet in Turkey, which began on Monday. The ET report further stated that the company's projected growth exceeds the auto industry body's sales guidance for FY25 by 350-500 basis points. Anticipating a slowdown in sales compared to the performance of FY24, where the industry surged by 8.45 per cent to reach a record 3.9 million vehicles, the Society of Indian Automobile Manufacturers (SIAM) has predicted a three to five per cent growth in passenger vehicle sales in India for the current financial year. The company, which is launching the new generation Swift and Dzire models later this year, is hoping to boost overall sales volume.
internship

Posted On:
02-05-2024

Delhi HC asks SpiceJet to pay Rs 50 cr or face grounding of two engines

The Delhi High Court, on Wednesday, granted SpiceJet a final chance to settle a payment of Rs 50 crore to its engine lessors, Team France and Sunbird France. If the airline fails to meet this obligation, it risks having two of its engines grounded, according to a report in The Economic Times (ET). Justice Pratibha Singh instructed the counsel representing SpiceJet to obtain guidance by May 3 regarding the feasible time period for the low-cost carrier to pay Rs 50 crore to its lessors. Additionally, the airline was asked to determine if the engine that was already out of operation could be returned to the lessors. Currently, the total outstanding amount stands at $10.84 million. Since the filing of the lawsuit in December last year, SpiceJet has already paid more than $5 million, the report said. Issuing a firm warning to SpiceJet regarding its overdue payments, the judge stated that if the outstanding amount remains unpaid, the airline will be compelled to have two of its engines grounded. The High Court observed that, based on its previous actions, the airline defaulted on paying the user charges. It noted the assertions made by SpiceJet's counsel that the airline is fully committed to settling the dues. The counsel argued that any adverse rulings, including grounding the engines, would not be beneficial and would instead increase the airline's financial troubles by reducing its revenue streams, the ET reported.
internship

Posted On:
02-05-2024

Anthill Ventures seeks to raise $100 mn for private credit cross-fund

Indian-based firm Anthill Ventures plans to launch a hybrid fund focused on the startup sector as investors flock to the Asian nation amid a slowdown in the Chinese economy. The company plans to raise $100 million for a cross private credit and equity fund to finance Indian startups geared toward consumer experiences, wellness, and entertainment, Founder and Chief Executive Officer Prasad Vanga said in an interview Monday. The US dollar-denominated portfolio will be composed of technology startup companies and consumer brands, said Vanga. Financing for the brands will likely be in the form of debt, with the option to convert it into an equity stake once the company successfully scales up, he added. The $1.7 trillion global private credit market has become a serious rival to mainstream lending, attracting investors by offering higher rates of returns. India has become a hotbed for private credit activity, as global firms including Cerberus Capital Management LP and Varde Partners LP seek to tap into what’s viewed as Asia’s largest growth market. For Anthill, the private sector play provides opportunities for a startup market that is often unable to access traditional bank financing. “Securing debt in India is tough as banks typically want security and don’t accept startup company valuations,” said Vanga. “So that’s a huge opportunity for us.”
internship
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98