Connect with us

Sci/tech

SHARP India appoints Sujai Karampuri as Chairman

Published

on

New Delhi, April 8 (IANS) Consumer electronics company SHARP on Monday said that it has appointed Sujai Karampuri as the Chairman of its India Business.

Karampuri will lead SHARP’s Display Business in the country, enhancing the brand’s presence and establishing strategic partnerships for manufacturing and technology transfer of the company’s engineering products and solutions.

“With SHARP’s history of driving cutting-edge technological solutions across sectors, I am confident that we are poised for success as we embark on our vision,” Karampuri said in a statement.

“We shall deliver on SHARP’s core values of sincerity and creativity, which I believe are essential to India’s own ambition to grow and scale and become a world leader in the domain of electronics, display, semiconductor, and precision engineering,” he added.

According to the company, Karampuri will lead SHARP’s endeavours to expand its footprint in the country in display and promote brand business of its consumer electronics, while also focusing on developing strategic partnerships in manufacturing, technology transfer, and development of smartphone components, among others.

ALSO READ:  'With right policies in place, India could become a key player in gaming at global stage'

“SHARP Corporation is confident that under Karampuri’s guidance, our India Business will thrive, solidifying our position as a key player in the country’s evolving business and technology landscape,” said Osamu Narita, MD, SHARP Business Systems (India).

In addition, Robert Wu, CEO of SHARP, said that with the appointment of Karampuri as Chairman, we have renewed our commitment to India.

–IANS

shs/dan

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Sci/tech

Foreign portfolio investors bullish on Indian markets, pumps Rs 23,786 crore since June 10

Published

on

By

New Delhi, June 22 (IANS) Buoyed by the policy and reform continuity, foreign portfolio investors (FPIs) have altered their position in the equity market following the election results, injecting Rs 23,786 crore since June 10, industry analysts said on Saturday.

There are three primary reasons for this positive inflow.

“First, the continuity of the government assures ongoing reforms. Second, the Chinese economy is decelerating, as evidenced by a 12 per cent decline in copper prices over the past month,” said Sunil Damania, Chief Investment Officer, MojoPMS.

Third, certain block deals in the market have been eagerly taken up by FPIs.

“However, these FPI inflows are concentrated in a select few stocks rather than being widespread across the market or sectors,” Damania said.

Till June, FPIs sold equity for Rs 11,193 crore.

According to market experts, it is interesting to note that this net sell figure is composed of selling through the exchanges for Rs 45,794 crore and buying through the “primary market and others” for Rs 34,600 crore.

ALSO READ:  Over $447 million in funding raised by 22 Indian startups last week

FPIs are selling where valuations are high and buying where valuations are reasonable.

Analysts believe that FPI inflows will remain constrained due to the high valuations currently commanded by the Indian equity market.

Meanwhile, the Indian market initially continued its upward trend as concerns over election outcomes eased and global sentiment improved.

With a coalition government in place, there is optimism that the upcoming budget will strike a balance between growth initiatives and populist measures, they noted.

–IANS

na/svn

Continue Reading

Sci/tech

Researchers find ChatGPT biased against CVs with credentials that imply disability

Published

on

By

San Francisco, June 22 (IANS) Researchers have found that OpenAI’s artificial intelligence (AI) chatbot ChatGPT consistently ranked curriculum vitae (CVs) or resumes with disability-related honours and credentials — such as the ‘Tom Wilson Disability Leadership Award’ — lower than the same resumes without those honours and credentials, a new study has revealed.

In the study, when the US-based University of Washington (UW) researchers sought clarification about the rankings, the system showed biased perceptions of disabled people.

For instance, it claimed a resume with an autism leadership award had ‘less emphasis on leadership roles’ — implying the stereotype that autistic people are not good leaders.

However, when researchers customised the tool with written instructions directing it not to be ableist, the tool reduced this bias for all but one of the disabilities tested.

“Five of the six implied disabilities — deafness, blindness, cerebral palsy, autism and the general term ‘disability’ — improved, but only three ranked higher than resumes that didn’t mention disability,” the researchers noted.

ALSO READ:  Blinkit now more valuable that Zomato’s core food business: Report

The researchers utilised the publicly available CV of one of the study’s authors, which spanned about 10 pages. They then created six modified CVs, each suggesting a different disability by adding four disability-related credentials: a scholarship, an award, a seat on a diversity, equity and inclusion (DEI) panel, and membership in a student organisation.

Subsequently, the researchers used the GPT-4 model of ChatGPT to compare these modified CVs with the original version for an actual “student researcher” position at a major US-based software company.

They conducted each comparison 10 times; out of the 60 trials, the system ranked the enhanced CVs, which were identical except for the implied disability, first only one-quarter of the time.

“Some of GPT’s descriptions would colour a person’s entire resume based on their disability and claimed that involvement with DEI or disability is potentially taking away from other parts of the resume,” said Kate Glazko, a doctoral student in the UW’s Paul G. Allen School of Computer Science & Engineering.

ALSO READ:  US-based geoscience firm keen on oil exploration project in South Korea

“People need to be aware of the system’s biases when using AI for these real-world tasks. Otherwise, a recruiter using ChatGPT can’t make these corrections, or be aware that, even with instructions, bias can persist,” she added.

–IANS

shs/dan

Continue Reading

Sci/tech

28 Indian startups raised over $800 mn in funding this week

Published

on

By

New Delhi, June 22 (IANS) About 28 Indian startups have raised $800.5 million in funding across 29 deals this week.

This represents an increase of 296 per cent from the $201.8 million secured by the startups last week across 21 deals, reports Inc42.

Quick commerce unicorn Zepto announced the close of its mega funding round this week. It raised $665 million at a valuation of $3.6 billion, making it one of the largest funding bagged by a company in recent times.

Among the top sectors, consumer services alone raised $665 million, fintech raised $50.3 million, alcoholic beverages raised $25 million, cleantech raised $23.9 million, and enterprisetech raised $16.7 million.

Microlending platform Aye Finance raised Rs 250 crore ($30 million) this week in debt funding in a round led by FMO, the Dutch entrepreneurial development bank.

Craft beer maker Bira 91 has secured $25 million through ECB (External Commercial Borrowing) from its existing investor Kirin Holdings. Over the last three months, the firm has received $50 million in funding. In March, it raised $25 million from Tiger Pacific Capital.

ALSO READ:  'With right policies in place, India could become a key player in gaming at global stage'

Meanwhile, a new report by leading market intelligence platform Tracxn showed that Indian tech startups raised $4.1 billion in the first half this year (January to June to date), a 4 per cent increase from $3.96 billion in the second half of 2023.

–IANS

shs/dan

Continue Reading

Sci/tech

WhatsApp soon lets you dial numbers to place calls directly from app

Published

on

By

New Delhi, June 22 (IANS) Meta-owned WhatsApp is reportedly working on a new in-app dialer feature that will allow users to make calls directly from the app.

According to WABetaInfo, users will not need to add contacts to their address book to make calls from the app.

Users will find a new floating action button located within the calls tab that will enable access to the in-app dialer.

In addition, the report mentioned that after entering a phone number, users will also have the option to save the number to the address book as a new contact or add it to an existing contact card.

A messaging shortcut will also be available within the dialer screen that will allow users to quickly send a message to a phone number they initially planned to dial but chose to message instead, the report added.

The feature is presently available to some beta testers who install the latest updates of WhatsApp beta for Android from the Google Play Store, and will roll out to even more people over the coming days, the report said.

ALSO READ:  'With right policies in place, India could become a key player in gaming at global stage'

Meanwhile, WhatsApp is reportedly working on a new feature that will allow users to see all media shared in community group chats.

This feature will let community members see an overview of all images, videos, and other media files shared within the community, which will make it easier for them to locate and access shared content.

–IANS

shs/dan

Continue Reading

Sci/tech

MeitY kicks off IndiaAI Mission, invites institutes to nominate students for fellowships

Published

on

By

New Delhi, June 22 (IANS) The Ministry of Electronics and Information Technology has launched the IndiaAI Mission with a budget of Rs 10,372 crore and started inviting nominations from top institutes, such as IITs, NITs etc, for students who are undertaking projects in artificial intelligence (AI), according to reports.

Engineering students pursuing B.Tech or M.Tech degrees at colleges ranked in the top 50 of the National Institutional Ranking Framework will be eligible to receive AI fellowships.

The ministry will provide Rs 1 lakh in three instalments to the B.Tech students who are accepted, while the M.Tech students will get Rs 2 lakh funding in four tranches of Rs 50,000 each, the reports mentioned.

In a letter addressed to 50 engineering institutes by IndiaAI Mission CEO Abhishek Singh, the ministry has asked each institute to nominate 10 students from each category who are undertaking AI projects.

“This fellowship support will supplement existing fellowships and cover the duration of their project: one year for B.Tech students, and two years for M.Tech students,” said the letter.

ALSO READ:  SIAC tribunal dismisses Ashneer Grover’s challenge, BharatPe case to continue

“This support is instrumental in bridging the gap between theoretical knowledge and practical application, thereby ensuring a workforce proficient in the essential skills needed to progress in the field of AI,” it added.

To be eligible for fellowships, B.Tech students must have secured an overall 80 per cent mark or equivalent grade in the last semester and the nominated M.Tech students should be pursuing postgraduate studies in AI-related courses and should be undertaking a thesis on AI and related subjects, as per the ministry.

–IANS

shs/dan

Continue Reading

Trending