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☆ CNBC's Inside India newsletter: Will AI make or break India?
▼ + stars: | 2024-05-02 | by ( Ganesh Rao | ) www.cnbc.com time to read: +9 min

But one that could foreshadow India's growth story. Can Teleperformance's stock plunge be the canary in the coal mine for what is likely to happen to India because of AI? But it's likely to be a blip for India's growth trajectory, given the macro forces at play. Besides creating jobs that are less likely to be immediately disrupted by AI, India could also be a net beneficiary of artificial intelligence. The Indian stock market indexes, Sensex and Nifty 50 , are heading for a positive week again — up by 1% and 1.2%, respectively.

Persons: Findlay Kember, Klarna, ChatGPT, K Krithivasan, Krithivasan, Narendra Modi, It's, Shilan Shah, Goldman Sachs, Vinay Dwivedi, Ashok Gulati, Nomura, League Pickleball, Karine Jean, Pierre, Jerome Powell, Raghuram Rajan, Ashish Jain, CNBC's Ayushi Jindal Organizations: AFP, Getty, India's Tata Consultancy Services, Financial Times, TCS, World Bank, International Monetary Fund, University of Oxford, Capital Economics, Investment, Nomura, Qualcomm, Powerchip Semiconductor Manufacturing, UPI, India, Commission, Agricultural, United Pickleball Association, Global Sports, PPA, League, Washington Post, White, U.S ., Federal, CNBC, Reserve Bank of India, University of Chicago Booth School of Business Locations: Swedish, Paris, India, Chennai, U.S, Europe, China, Singapore, South Korea, Canada, United States

☆ The No. 1 'desirable' trait CEOs look for in employees, says Harvard career expert: It's 'a huge currency'
▼ + stars: | 2023-12-01 | by ( Morgan Smith | ) www.cnbc.com time to read: +1 min

The best employees aren't always the smartest or most confident people in the room. There's a different quality that helps high performers stand out, says Harvard Business School professor Ranjay Gulati: They're trustworthy. "Trustworthiness is the most desirable trait CEOs tell me they look for in their employees," he explains. "Trust is a huge currency in organization, it's the quality on which all professional relationships are built and how they thrive." You might instinctively understand what trust is, but two types are crucial in the workplace, according to Gulati: character-based trust, and competency-based trust.

Persons: aren't, Ranjay, Gulati Organizations: Harvard Business School

☆ The happiest workers ignore this common piece of career advice, says Harvard expert: 'It's very self-limiting'
▼ + stars: | 2023-11-21 | by ( Morgan Smith | ) www.cnbc.com time to read: +1 min

"Work-life balance" is often regarded as an important indicator of a thriving, successful career. Millennials and Gen Z workers, in particular, place a high value on work-life balance and seek out benefits that enable flexibility. But "work-life balance" is a "horrible, misleading" goal to strive for, says Harvard Business School professor Ranjay Gulati. "Find work-life balance" is a common piece of career advice Gulati encourages his students — and the CEOs he interviews on his podcast, "Deep Purpose"— to ignore. Here, Gulati explains why focusing on work-life balance can be counterproductive and offers a better alternative:

Persons: Millennials, Gen, Ranjay Gulati, Gulati, I'm Organizations: Harvard Business School

The popular weight-loss drug Wegovy reduced the risk of serious heart problems by 20% in a large, international study that experts say could change the way doctors treat certain heart patients. Wegovy is a high-dose version of the diabetes treatment Ozempic, which already has been shown to reduce the risk of serious heart problems in people who have diabetes. Study volunteers who took Wegovy lost about 9% of their weight while the placebo group lost less than 1%. About 17% in the Wegovy group and about 8% in the comparison group left the study, mostly because of nausea, vomiting, diarrhea and other stomach-related problems. In 2006, Medicare was allowed to cover weight-loss surgery to treat the complications of severe obesity, if not obesity itself, he noted.

Persons: Wegovy, pare, ”, Michael Lincoff, hasn’t, Dr, Francisco Lopez, Jimenez, Lopez, Martha Gulati, Gulati, Eli Lilly's Zepbound, Mark McClellan Organizations: Cleveland Clinic, Mayo Clinic, New England, of Medicine, Novo Nordisk, U.S . Food, Drug Administration, Sinai Medical Center, Medicare, Centers, Services, FDA, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: U.S, Philadelphia, Novo, Los Angeles

The Toyota logo is seen on the bonnet of a newly launched Camry Hybrid electric vehicle at a hotel in New Delhi, India, January 18, 2019. India taxes EVs at just 5%, while the levy on hybrids is as high as 43%, just below the 48% imposed on petrol cars. Indian giants Tata Motors (TAMO.NS) and Mahindra & Mahindra (MAHM.NS) are backing EVs, while Toyota and Honda Motor (7267.T) want support for hybrids. Toyota has begun developing EVs while also championing hydrogen-powered cars, saying a "multi-pathway" approach is needed to solve the climate crisis. In its letter, Toyota also asks India to bring hybrid cars under a government incentive programme that offers discounts to buyers, a scheme now available only for EVs.

Persons: Anushree, Narendra Modi's, Modi's, Vikram Gulati, Gulati, Aayog, Sarita Chaganti Singh, Aditi Shah, William Mallard Organizations: Toyota, REUTERS, Tata Motors, Mahindra & Mahindra, Honda, EVs, Thomson Locations: New Delhi, India, DELHI, policymaking, Toyota's India

☆ Startups are hitting a road block when selling their AI to big companies. Investors and founders explain how to get around it.
▼ + stars: | 2023-10-04 | by ( Meghan Morris | ) www.businessinsider.com time to read: +5 min

The procurement team, responsible for sourcing and pricing the services the company buys, can introduce significant barriers to enterprise startups. Sellers must navigate a thicket of data concerns and increasing price sensitivities, among other issues, with procurement teams that may have little familiarity with AI. Enterprise software deals are taking longer to close compared with last year, per a September survey from New York-based SAAS financing startup Capchase. "That's leading procurement teams to ask sellers 'what works here, tell me where I could have unanticipated outcomes?'" Nemeth said procurement teams want to be educated and help see deals through.

Persons: Samir Kumar, Kumar, Barack Obama, Obama, Reuters Kumar, Obama's, Miguel Fernandez Larrea, Fernandez Larrea, Tola, Sheila Gulati, Charles Cotugno Gulati, Rachael Nemeth, Nemeth Organizations: Microsoft, Qualcomm, Touring Capital, Companies, White House, Reuters, Enterprise, Vanderbilt University Locations: United States, New York

☆ Hurricane Idalia Approaches Florida, Could Be ‘Extremely Dangerous’
▼ + stars: | 2023-08-29 | by ( ) www.wsj.com time to read: 1 min

AI in Education Attracts Startups and CashIf generative artificial intelligence is going to upend learning, then startups and investors want to be part of it. Varun Gulati, CEO of LitLab, describes how his company’s AI tool can make learning to read more personal. And Reach Capital’s Jennifer Carolan explains why the generative AI boom is different from edtech investment trends of the past. This is part three of our series Reading, Writing, and Algorithms. Click the links to listen to episode 1 and episode 2.

Persons: Varun Gulati, Jennifer Carolan, Amogh Alva Vaz Organizations: Education

☆ Idalia Remains on Florida Path, Could Be ‘Extremely Dangerous’
▼ + stars: | 2023-08-29 | by ( ) www.wsj.com time to read: 1 min

Persons: Varun Gulati, Jennifer Carolan, Amogh Alva Vaz Organizations: Education

☆ E-commerce fulfillment startup ShipBob snags new chief supply chain officer from Amazon
▼ + stars: | 2023-06-27 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +4 min

ShipBob is an e-commerce fulfillment startup that picks and packs orders for online sellers. The company has hired Amazon alum, Melissa Nick, as Its first-ever chief supply chain officer. Nick told Insider that Amazon executives join logistics startups because they like to build. ShipBob, an e-commerce fulfillment company backed by Bain Capital Ventures, has nicked its first-ever chief supply chain officer from the prevailing force in e-commerce logistics. Amazon offers one of the fastest fulfillment services out there, but Fulfillment by Amazon is notoriously rigid.

Persons: Melissa Nick, Nick, Shopify, ShipBob, Dhruv Saxena, Divey Gulati Organizations: Amazon, Bain Capital Ventures, North, ShipBob, UPS, FedEx Locations: Chicago, Nashville , Tennessee, Los Angeles, United States, Canada, United Kingdom, Europe, Australia

☆ The CEO of this edtech company says A.I. can help unlock growth in the space. Here’s how
▼ + stars: | 2023-05-09 | by ( Christina Cheddar Berk | ) www.cnbc.com time to read: +4 min

PWSC YTD mountain PowerSchool shares have fallen sharply since January, when they traded as high as $26.05. "For us, it's not a disruption from a negative perspective, it's actually phenomenal," he said, of the advancements in generative AI. Gulati expects generative AI will make it possible for PowerSchool to accelerate its goals to offer personalized learning plans. Still, PowerSchool shares are down 27% since the start of the year. Generative AI systems must be "trained" on data.

☆ Workplace discrimination linked to increased risk of high blood pressure, study finds
▼ + stars: | 2023-04-26 | by ( Kyla Russell | ) edition.cnn.com time to read: +4 min

High blood pressure damages arteries and makes them less elastic, according to the US Centers for Disease Control and Prevention. Each participant said they did not have high blood pressure at the start of the study, and most said they were not smokers and consumed little or no alcohol. According to the analysis, 319 of the participants reported developing high blood pressure by the end of the eight years. People who experienced intermediate levels of workplace discrimination at the beginning of the study were 22% more likely than those who reported low levels of workplace discrimination to report high blood pressure after eight years. Compared with participants who experienced low workplace discrimination at the beginning of the study, people with high levels of workplace discrimination were 54% more likely to report high blood pressure after eight years.

☆ Analysis: China paves Sri Lanka's way to IMF funds, but debt talks remain uncertain
▼ + stars: | 2023-03-08 | by ( Jorgelina Do Rosario | ) www.reuters.com time to read: +4 min

Cash-strapped nations such as Zambia and Ghana are also facing talks on reworking debt with Chinese lenders, and Sri Lanka's negotiations showed that international efforts to standardize some debt rework parameters are failing. China is the biggest bilateral creditor to Sri Lanka, which defaulted on its international debt last year. Sri Lanka owed China's EXIM $4.1 billion, or 11% of the country's foreign currency debt, at the end of 2022, according to government data. Reuters GraphicsBOARD APPROVAL VS DEBT DEALAn executive board approval unlocks IMF financing, though it doesn't necessarily mean it will expedite debt talks. Once the executive board approval is secured, the IMF will publish Sri Lanka's debt sustainability analysis.

☆ The pullback in this high-quality edtech stock could be opportunity for investors
▼ + stars: | 2023-02-24 | by ( Christina Cheddar Berk | ) www.cnbc.com time to read: +7 min

Knoblauch raised his price target to $27 from $21, saying the stock's underperformance so far this year is an opportunity. Last year, PowerSchool's stock outperformed its edtech peers by a wide margin. Demand for PowerSchool's products are largely driven by the growth of school budgets, which are recession-resilient. The international opportunity Thill said it's early days for PowerSchool's international expansion, and it's one of the reasons he's positive on the stock in the long term. We're particularly optimistic regarding the company's persona-based cloud bundles and international opportunity.

☆ India tax officers search BBC offices weeks after critical Modi documentary
▼ + stars: | 2023-02-15 | by ( ) www.cnbc.com time to read: +3 min

A police officer (L) stands near the reception desk of the building where Indian tax authorities raided BBC's office in New Delhi on Feb. 14, 2023. The BBC has stood by its reporting for the documentary and said it was cooperating with Indian tax officials. "The Income Tax Authorities are currently at the BBC offices in New Delhi and Mumbai and we are fully cooperating. A survey conducted by the Income Tax Department allows officials to collect any information which it deems useful. Modi's Bharatiya Janata Party (BJP) said Indian institutions worked independently and the tax department was "within the law in looking into tax compliance."

☆ Pelé remembered for transcending soccer around world
▼ + stars: | 2022-12-30 | by ( Associated Press | ) www.nbcnews.com time to read: +5 min

Pelé was remembered for a life beyond the field, for transcending the sport of soccer and becoming perhaps the most well-known person on Earth. I would say that before Pelé soccer was just a sport. He is gone, but his magic will endure.”Pelé scored 12 goals in 14 World Cup matches and is the only three-time world champion, winning titles in 1958, 1962 and 1970. Throughout his life, Pelé inspired generations of athletes and deserves every tribute.”Ronaldo, who led Brazil to a fifth World Cup title in 2002, described Pelé as “Unique. Four years ago, Mbappé became only the second teenager — after Pelé — to score a goal in a World Cup final.

☆ Analysis: Ghana overhaul a test for $1 billion World Bank-backed debt
▼ + stars: | 2022-12-02 | by ( Jorgelina Do Rosario | ) www.reuters.com time to read: +5 min

[1/3] A girl walks past a flag of Ghana outside the Cape Coast Castle, in Ghana, July 28, 2019. "If Ghana decides to use the guarantee, it has to pay back immediately to the World Bank," Mitu Gulati, a law professor at the University of Virginia and debt restructuring expert, said. "This is a highly protected instrument that was issued with the logic that Ghana would never default on the World Bank," Gulati said. Ghana 2030 bondIN OR OUT? Ghana has not yet said whether the 2030 issue will be part of its debt restructuring.

☆ A 'magic' new AI tech has become the hottest thing in Silicon Valley, VCs said. Here's why everyone's watching 'generative artificial intelligence.'
▼ + stars: | 2022-11-01 | by ( Stephanie Palazzolo | ) www.businessinsider.com time to read: +6 min

The field of generative AI, or AI that can create content, has recently exploded in popularity. Generative AI's rise to popularitySimply put, generative AI refers to artificial intelligence that can create content. Tech advancements over the past few years — specifically transformer and diffusion models — have made generative AI possible. AI models refer to the training and deployment of algorithms on a dataset. "I don't see generative AI today through its early use cases demanding any of those budgets quite yet."

☆ Google's India policy head Gulati resigns - sources
▼ + stars: | 2022-09-26 | by ( Aditya Kalra | ) www.reuters.com time to read: +2 min

Gulati, who previously worked at Prime Minister Narendra Modi's federal think-tank, declined to comment. Register now for FREE unlimited access to Reuters.com RegisterGoogle is facing a series of antitrust cases in India and stricter tech-sector regulations. At Google, Gulati led a team of public policy executives who look at various regulatory implications for the company in India, one of its key growth markets. A number of Indian government officials have been hired by Big Tech companies as they face tighter data and privacy regulation, as well as competition law scrutiny, under Modi's federal government. Register now for FREE unlimited access to Reuters.com RegisterReporting by Aditya Kalra in New Delhi Editing by Mark PotterOur Standards: The Thomson Reuters Trust Principles.

☆ How to invest in the education tech trend as schools spend billions to close the Covid learning gap
▼ + stars: | 2022-09-17 | by ( Christina Cheddar Berk | ) www.cnbc.com time to read: +11 min

In a race to catch up, school districts are putting an increased emphasis on assessments to ferret out students' weak spots. Chronic absenteeism is already a rampant problem that is continuing to worsen, particularly in school districts with low-income students. She also said products need to be engaging for students, while also providing evidence that the methods used are effective. "Districts need products that work," she said. "They don't need products that look sexy or that have, you know, exciting front ends, they need products that are actually going to work and support students to improve learning."

☆ Tesla’s ‘full self-driving’ isn’t worth $15,000, say many who bought it
▼ + stars: | 2022-09-07 | by ( Matt Mcfarland | ) edition.cnn.com time to read: +8 min

Washington, DC CNN —Tesla’s price for the feature it calls “full self-driving” has increased again. CNN Business spoke with 13 people who have cars with the “full self-driving” beta and the overwhelming majority, 11 people, said they felt it wasn’t worth $15,000. Moody said he expects consumers to pay for the monthly subscription of “full self-driving” rather than pay $15,000 for the promise of the feature’s future potential. Burke spoke with CNN Business during a multi-month road trip around the United States. Burke said that if he was in the market again for a Tesla, the $15,000 price for “full self-driving” would be worth it to him.

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