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The central bank said there will be no further extension for the conversion of minimum detail to KYC compliant prepaid instruments
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The course, has been structured by IIT Roorkee and Microsoft and the former will conduct lectures on quantum computing for a full semester.
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About 112 brands have obtained government approval for single brand retail trade activities from 2006 till March 29, 2018. The single-brand retail sector has received total FDI equity of $1.6 billion so far.
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Intel Capital has invested in 51 AI ventures, while 500 Startups has put their money behind 45 investments. Other notable investment firms, like Y Combinator, have backed 32 AI centered startups.
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The first store is likely to come up in Mumbai followed by Delhi and a third location is yet undecided,” a senior government official said.
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Insurers are adopting AI-powered platforms to help agents market the right policy, and setting up virtual branches and processing motor vehicle claims based on photographs.
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Apple will now be able to meet the local sourcing norms easily since it has started assembling of iPhones in India.
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Jack Ma believes artificial intelligence poses no threat to humanity, but Elon Musk called that "famous last words"
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PE players are selling 6.9% in the company for Rs 93.65 crore to the promoters, whose holding will increase to more than 85%, Micromax said in its latest regulatory filings.
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While the present policy mandates that a single-brand retail company that has more than 51% FDI in India has to source 30% locally of the total value of goods sold in the country, the changed norms will allow it to include exports as well.
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The webstore is likely to come up over the next 3-5 months as it involves duplicating its global online store template for the Indian market, said the executives who are aware of Apple’s plans.
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