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☆ A young Duke professor won $250,000 for her algorithms that could find symptoms of heart disease when they start
▼ + stars: | 2024-05-01 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +6 min

Amanda Randles creates virtual simulations that incorporate data from patients' wearable devices. To that end, Randles, a professor of biomedical sciences at Duke University's Pratt School of Engineering, spends her time building some of those virtual simulations. Tracking cancer cellsWhen cancer cells circulate through the bloodstream, they can sometimes acclimate in a different part of the body and form new tumors, which is known as metastasis. In her simulations, Randles changes different parameters, like how the size of the cell's nucleus affects its movement. Advertisement"What is it about the cancer cells that are making them more likely to go to the brain or to the breast," she said.

Persons: Amanda Randles, —, Randles, Salil Parekh, It's Organizations: Duke University, Computing, Service, Business, Duke University's Pratt School of Engineering, Association for Computing, Infosys, Apple Watch

☆ Infosys has done a 'huge' amount of work to become a net-zero company, says CEO
▼ + stars: | 2024-01-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInfosys has done a 'huge' amount of work to become a net-zero company, says CEOInfosys CEO Salil Parekh discusses the company's involvement in the green transition and its sustainability efforts.

Persons: Salil Parekh Organizations: Infosys

☆ Infosys asks some workers to return to office 10 days a month: source
▼ + stars: | 2023-11-01 | by ( Dhanya Skariachan | ) www.reuters.com time to read: +1 min

The Infosys logo is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017. REUTERS/Chris Helgren/File Photo Acquire Licensing RightsNov 1 (Reuters) - India's No.2 software-services exporter Infosys Ltd (INFY.NS) has asked some of its employees to work from office 10 days a month, a source familiar with the matter said on Wednesday. Narayana Murthy courted controversy by urging young Indians to work 70 hours a week for the development of the country. Larger rival Tata Consultancy Services (TCS.NS) has already asked workers to return to the office for five days a week. Tech giants Amazon.com Inc (AMZN.O) and Alphabet Inc's (GOOGL.O) Google have also told workers to work from office for at least a few days every week.

Persons: Chris Helgren, Salil Parekh, N.R, Narayana Murthy, Dhanya Organizations: Infosys, REUTERS, Tata Consultancy Services, Tech, Amazon.com Inc, Google, Thomson Locations: Toronto , Ontario, Canada

Brochures are seen at a branch of Axis Bank in Mumbai, India, January 22, 2018. REUTERS/Danish Siddiqui/File photo Acquire Licensing RightsNEW DELHI, Sept 15 (Reuters) - The co-CEO of Axis Bank's (AXBK.NS) investment banking unit Axis Capital, Chirag Negandhi, has resigned, according to an internal memo seen by Reuters on Friday. The investment bank will likely tap an outside candidate for Negandhi's role, two sources with direct knowledge of the matter told Reuters. Axis Capital named another co-Chief Executive Salil Pitale as the interim managing director and CEO, as per the memo. Negandhi spent more than 13 years at the Axis' investment banking unit and would continue for three more months, the source added.

Persons: Danish Siddiqui, Salil Pitale, Negandhi, Sriram Mani, Tanvi Mehta, Sethuraman, Shweta Agarwal Organizations: Axis Bank, REUTERS, Danish, Capital, Chirag Negandhi, Reuters, Axis Capital, Cyient DLM, Mankind Pharma, Bikaji, Thomson Locations: Mumbai, India, DELHI, Axis

☆ India's Infosys shares slide after cutting full-year growth outlook
▼ + stars: | 2023-07-21 | by ( ) www.reuters.com time to read: +1 min

BENGALURU, July 21 (Reuters) - Shares of Infosys (INFY.NS), India's second-largest software exporter, fell as much as 9% on Friday, after the company halved its full-year revenue growth outlook and posted a weaker-than-expected first-quarter profit. The company cut its revenue guidance to 1%-3.5% on a constant currency basis from the previous 4%-7%. Infosys Chief Executive Salil Parekh attributed the guidance cut to delays in decision-making by clients. Last week, market leader Tata Consultancy Services (TCS.NS) warned of an uncertain demand environment, while smaller peers HCLTech (HCLT.NS) and Wipro (WIPR.NS) reported and projected muted growth. ($1 = 82.0440 Indian rupees)Reporting by Varun Vyas in Bengaluru; Editing by Sohini GoswamiOur Standards: The Thomson Reuters Trust Principles.

Persons: Salil Parekh, Varun Vyas, Sohini Goswami Organizations: Infosys, Tata Consultancy Services, Wipro, Thomson Locations: BENGALURU, Bengaluru

☆ India's Infosys halves FY revenue growth outlook as clients cut spending
▼ + stars: | 2023-07-20 | by ( Sethuraman N R | ) www.reuters.com time to read: +1 min

BENGALURU, July 20 (Reuters) - Infosys (INFY.NS), India's second-largest IT services firm by revenue, halved its full-year revenue forecast on Thursday and posted a first-quarter profit that missed estimates as clients cut back spending in a cloudy economic environment. Infosys' U.S.-listed shares fell nearly 7% in pre-market trading after the company cut its full-year revenue growth of 1%-3.5% on a constant currency basis from 4%-7% previously. There are some discretionary spending cuts from clients in the short-term and overall decision-making has slowed down, CEO Salil Parekh said in a media conference. Consolidated net profit rose 10.9% to 59.45 billion rupees ($725.5 million) in the three months to June 30, missing analysts' view of 61.41 billion rupees as per Refinitiv IBES. Businesses are cutting back spending on discretionary IT projects amid steep inflation that stoked interest rates.

Persons: Salil Parekh, Sonia Cheema Organizations: Infosys, U.S, Consolidated, Tata Consultancy Services, Wipro, Sethuraman NR, Thomson Locations: BENGALURU, Bengaluru

☆ Agarkar named India's new chairman of selectors
▼ + stars: | 2023-07-04 | by ( ) www.reuters.com time to read: +1 min

July 4 (Reuters) - Former India fast bowler Ajit Agarkar has been appointed chairman of India's selection committee, the country's cricket board (BCCI) said on Tuesday. The senior selection committee, led by Chetan Sharma, had initially been sacked in November after India were knocked out of the Twenty20 World Cup in the semi-finals in Australia. Agarkar was recently a coach with Indian Premier League side Delhi Capitals but parted ways after this year's tournament. "The Cricket Advisory Committee (CAC) ... interviewed applicants for the position of one selector in the Men's Selection Committee," the BCCI said in a statement. The 45-year-old played 26 tests for India, 191 one-day internationals and four T20 matches, taking a total of 349 wickets across all formats.

Persons: Ajit Agarkar, Chetan Sharma, Sharma, Agarkar, Shiv Sundar Das, Subroto Banerjee, Salil, Sharath, Rohith Nair, Ken Ferris Organizations: BCCI, Indian Premier League, Delhi Capitals, Cricket Advisory, CAC, Thomson Locations: India, Australia, Bengaluru

SummarySummary CompaniesCompanies Law Firms Google Play Music infringed Personal Audio playlist patents, jury saysVerdict follows California win for Sonos in Google audio patent fightJune 21(Reuters) - Alphabet's Google (GOOGL.O) must pay patent holding company Personal Audio LLC $15.1 million for infringing two patents related to audio software, a Delaware federal jury said in a verdict made public on Wednesday. Personal Audio had argued that Google's music app Google Play Music featured playlist downloading, navigation and editing features that violated its patent rights. Attorneys for Personal Audio did not immediately respond to a request for comment. Beaumont, Texas-based Personal Audio had requested $33.1 million in damages, according to a May court filing. The case is Personal Audio LLC v. Google LLC, U.S. District Court for the District of Delaware, No.

Persons: Jose Castaneda, Steve Hanle, Doug Hahn, Salil, Stradling Yocca Carlson, Melissa Baily, Jeff Nardinelli, David Perlson, Antonio Sistos, Patrick Stafford, Quinn Emanuel Urquhart, Sullivan Read, Blake Brittain Organizations: Sonos, Google, San, Google LLC, District of, Rauth, Thomson, & $ Locations: California, Delaware, Beaumont , Texas, Texas, The Delaware, San Francisco, District of Delaware, Salil Bali, Washington

☆ Akhand Bharat: Why a map in India's new Parliament is making its neighbors nervous
▼ + stars: | 2023-06-13 | by ( Rhea Mogul | ) edition.cnn.com time to read: +7 min

Akhand Bharat,” tweeted Minister of Parliamentary Affairs Pralhad Joshi alongside a photograph of the map. “Akhand Bharat in (the) New Parliament. It also took place on the birthday of the late Vinayak Damodar Savarkar, the man widely considered to have developed the Hindutva ideology and one of the first proponents of Akhand Bharat. “We have to see the dream of Akhand Bharat in this lifetime and it has started with (this),” said deputy chief minister of the state of Maharashtra, Devendra Fadnavis. Faisal Khan/Anadolu Agency/Getty Images/FileExperts say such rhetoric has made India’s neighbors nervous.

Persons: Arindam Bagchi, Ashoka, Akhand Bharat, Bharat, ”, Pralhad Joshi, Akhand, Manoj Kotak, Bharat ”, Bharat ’, Mumtaz Zahra Baloch, –, KP Sharma Oli, Baburam Bhattarai, Shahriar Alam, Subrahmanyam Jaishankar, “, Salil Tripathi, Narendra Modi, Vinayak Damodar Savarkar, Savarkar, Modi, Amit Shah, Praful, Sushant Singh, Manjunath Kiran, Critics, Devendra Fadnavis, Faisal Khan, Ayesha Jalal, Fahd Humayun Organizations: CNN, India’s Ministry, External Affairs, Bharatiya Janata Party, BJP, Parliamentary, Rashtriya Swayamsevak Sangh, stoke, Mahasabha, Hindustan Times, Centre for Policy Research, Getty, India’s, Anadolu Agency, Tufts University Locations: Pakistan, Nepal, Bangladesh, New Delhi, India, Afghanistan, Myanmar, “, Kathmandu, New York, Mumbai, ” India, Indian, Kashmir, Karnataka, Bangalore, Maharashtra, Srinagar

Airbus and Boeing have both highlighted the scale and technology of existing investments in India, playing down the significance of final passenger jet assembly. Boeing said it buys $1 billion a year in parts and services from India, while Airbus said it buys $700 million. "There's a desire in every country to have as much manufacturing as possible ... and final assembly is a desire that you see all around the world," Salil Gupte, president of Boeing India, told Reuters. "The volumes that you would require for final assembly on the commercial part of the business are just far, far greater," he said. "Even without the C295 FAL, the Airbus industrial footprint in India already generates more foreign exchange value and jobs for the country than any modern assembly activity would," said Remi Maillard, president of Airbus India & South Asia, by email.

NEW DELHI, March 10 (Reuters) - Boeing Co (BA.N) said on Friday it would set up a facility in India to convert 737 passenger planes into dedicated freighters to tap into regional and global demand for the service. The investment, which adds to the U.S. manufacturer's expansion into India on top of a record plane order by flag carrier Air India, comes despite a global economic slowdown that has weakened the global air cargo market. The International Air Transport Association (IATA) said global cargo demand in January fell almost 15% year-on-year. He did provide any details about when the facility would be set up or the size of the investment. The planned facility comes amid a push by Boeing to expand in India, including a $24 million investment to set up a logistics centre for aircraft parts.

BENGALURU, India, Feb 13 (Reuters) - Boeing Co (BA.N) plans to invest about $24 million in India to set up a logistics centre for airplane parts, Salil Gupte, president of the local unit told Reuters on Monday, boosting its footprint in the country amid a large plane order. Boeing's share includes 220 planes split as 190 737 MAX narrowbody jets, 20 787 widebodies, and 10 777Xs. Boeing forecasts India's carriers will need 2,200 new planes over the next 20 years, and with narrowbody planes making up the bulk Gupte expects that to be a focus area for Boeing. "As the middle-class grows and as India leads the world economic growth, you will see more and more people fly. That means we need to ensure our customers have the narrowbody aircraft they need to serve this market," he said.

☆ Digital transition and cost efficiency in tech is increasing, says Infosys CEO
▼ + stars: | 2023-01-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDigital transition and cost efficiency in tech is increasing, says Infosys CEOSalil Parekh, CEO of Indian IT giant Infosys, discusses growth, digitization, and shares his outlook for the tech sector in 2023.

☆ FTX Collapse Pushes VCs to Rethink Oversight of Crypto Startups
▼ + stars: | 2022-11-16 | by ( Yuliya Chernova | Angus Loten | ) www.wsj.com time to read: 1 min

The bankruptcy of FTX, one of the highest-valued startups in the cryptocurrency market, is bringing new attention to the corporate governance of these blockchain companies. But venture investors say cultural norms in the crypto market and other obstacles will make oversight difficult to implement. “Many crypto entrepreneurs look at governance with disdain,” said Salil Deshpande, general partner at Uncorrelated Ventures, an early-stage investment firm that sometimes invests in the crypto sector.

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