News - Kanil PRwire

Apr

Dogecoin Price Prediction: Will The Rise Of Doge Coincid With Elon Musk’s Starship Launch?

The Dogecoin price is up 45% since March 10 and 29.67% since its debut on January 1. The leading meme coin has posted gains of over 11.4% in the last three months and 53% in the last six months. Numerous causes contributed to DOGE’s excellent growth, but Elon Musk’s recent choice to switch the Twitter logo for the Dogecoin symbol was a major component in the most recent increases.

Therefore, Dogecoin is expect to go wild in the short term, thanks to the launch of Musk’s SpaceX Starship, which is schedule for April 20. The event, aptly named 4/20 or “Day of the Doge,” will see the unveiling of the world’s first, most powerful and fully reusable space rocket designed to carry cargo and people into space.

Analysts expect a rise in the Dogecoin price after the launch of Starship, as the meme coin could be display, as happened during the Texas Gigafactory launch event when a drone-made Doge mascot appeared in the sky.

Dogecoin Price Set for a Starship Explosion

Analysts anticipate that DOGE will experience an increase in purchasing momentum, which might spark a significant surge. Dogecoin is now resisting upward pressure from the psychological milestone of $0.095, trading at $0.0909.

A rise above this level will propel the price higher to face resistance from the key resistance at $0.0960. The next barrier would rise from the psychological $0.1 level after a decisive breakout above the resistance at this roadblock.

Such a move would clear the way for a move toward the December 5 high at $0.1118. This would represent a 24% increase over current levels.

DOGE/USD Daily Chart

In addition to SpaceX’s Starship launch, technical setup and on-chain metrics supported the positive outlook for Dogecoin. Note that the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) indicators were trading within the positive zone. The price strength at 58 suggested that there were still more buyers than sellers in the market focused on pushing DOGE higher.

Note that Mem Coin was trading above the key simple moving averages (SMAs) that were trending up. The SMA also provided strong support for the price to move lower. These were the areas at $0.0824, a key area of buyer congestion dwarfed by the 200 and 100-day SMAs. The 50-day SMA, located at $0.0792, offered another safe haven below this price where the bulls might pause and make plans for yet another rally effort.

Additionally, on-chain analytics for the entire block revealed that Shiba Inu’s competitors had comparatively solid downside support. His In/Out of the Money Around Price (IOMAP) model demonstrated that the upward path was the one with the least amount of resistance.

The 100 and 200-day SMAs’ support near the $0.0824 level was bolstered by the IOMAP chart below. The price range between $0.0819 and $0.0846 is where around 163,840 addresses previously purchased 6.71 billion DOGE.

Any attempt to push the price below this area will be meet with excessive buying by this group of investors, who are looking for a rise in price to maximize their profits.

Dogecoin map chart

According to the IOMAP model, the majority of DOGE holders, representing 73.82% of them, are currently making profits. However, this may challenge the bullish thesis for altcoins, as profit-taking is possible. If holders start selling their profits, this selling pressure could cause the price of DOGE to drop.

If the $0.09 support level lost, it could trigger a further decline in DOGE price, possibly a retest of the key support level of $0.0824 or the March 10 low, which is around $0.0626. This could be an important test for the stability of Meme Coin, as a loss of support could signal a change in sentiment towards the asset.

Scarlet Samson

HCL Tech to Announce Q4 Earnings: Earnings Growth and Dividends

Apr

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HCL Tech to Announce Q4 Earnings: Earnings Growth and Dividends

The next fourth quarter positive in the IT sector is HCL Tech, which will present its financial earnings on April 20. HCL’s counterparty, TCS and Infosys, have already announced their fourth-quarter results, and both have largely yet to make estimates, warning investors about the sector ahead. Will HCL Tech encounter the exact fate as its peers?

It’s something everyone wonders about! Experts expect HCL to meet its fiscal 2023 revenue and margin guidance. Q4FY23 sees PAT in double-digit percentage growth on both a sequential and annual basis. The company’s board of directors (BOD) will also consider the first interim dividend for fiscal year 24 on Thursday.

On Tuesday, HCL Tech appeared as the top gainer in trading ahead of its earnings. The company’s shares closed 1.99% higher at ₹1,063.50 on the BSE.

On April 20, in addition to the fourth-quarter earnings announcement and full FY23 financial report, HCL Tech’s board members will also consider paying an interim dividend for FY23-24.

During the 3rd quarter of FY23, HCL Tech published a consolidated net profit of ₹4096 crore, up 19% year-on-year. This quarter, the major IT company beat estimates thanks to strong deals won. Revenue grew 19.5% yoy to ₹26.7 billion rupees. In constant currency terms, HCL Tech reported revenue growth of 5% QoQ and 13.1% YoY. The company’s attrition rate decreased significantly to 21.7% in the third quarter of fiscal year 23.

At that time, HCL Tech had lowered its revenue and margin guide bands. In FY23, revenue growth shows that at 13.5-14% in constant currency, and the EBIT margin is now at 18-18.5%.

What to expect in the fourth quarter?

In its preliminary report, ICICI Securities said: “We expect HCL to report CC revenue growth of 6.1% in FY24E and therefore start with 5-7% annual revenue growth guidance on CC terms for FY24E”. It will be 18-19% for fiscal 2020 after seeing 18.4% in fiscal 2020. For the fourth quarter of 2020, we expect HCL’s results to be subdue due to the weak climate in the products business, and CC platforms will be the weakest in our coverage universe in terms of QoQ growth. It is currently trading at a 19% discount to NIFTY IT, which is similar to the last 16 average. Our revised 12-month price target is Rs 1,122 (Rs 79 based on 16x FY26E EPS, discounted by 12% WACC). Means 5% upside potential. Repeat, wait.”

Meanwhile, Motilal Oswal, in his report, said: “We expect HCLT to post moderate growth due to the seasonal decline of HCL Software.” It expects margins to decline by 150 bps qoq due to the seasonal decline in HCL Software. However, the brokerage believes that the company’s IT services will remain strong in 4QFY23.

Motial expects HCL Tech to generate revenue of Rs 27.2 billion in Q4 FY2023, which will grow 20.3% year-on-year. EBITDA for the quarter is expect to be Rs 6,400 crore with a margin of 23.8% and added adjusted PAT at around ₹4,100 crores, up 19% yoy and 17.4% qoq.

Also, according to B&K, management maintained guidance for service revenues to grow in the range of 16% to 16.5% in CC terms. With that say, the company posted 17.8% growth in 9MFY23, so it needs around 2% QoQ growth in Q4 FY23 to meet guidance that’s likely to happen. In general shows, HCL revenue in CC terms in the range of 13.5% to 14% year-over-year. In particular, HCL has a cross-currency tailwind in the fourth quarter.

Additionally, B&K noted that for FY23, margins will now peak at 18.5%, and management also believes that with further investment, overall margins could increase to 18.5% from 18%. B&K believes that the company can achieve this margin in the fourth quarter and even reach 19%. In 9MFY23, the margin was 18.2%.

In addition, IDBI Capital expects expected HCL revenue growth (in CC) to decline to 1% in the quarter with a 15bp cross-currency tailwind, primarily due to the seasonal decline in product revenue. At the same time, the EBIT margin may drop 99 bps QoQ, mainly due to the slowdown in revenue growth.

Scarlet Samson

Kisi Ka Bhai Kisi Ki Jaan: Salman Khan film total screen runtime, booking & Day 1

Apr

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Kisi Ka Bhai Kisi Ki Jaan: Salman Khan film total screen runtime, booking & Day 1

This Eid, Salman Khan is back with his family entertainer Kisi Ka Bhai Kisi Ki Jaan. The film marks his return to this celebratory venue after 4 long years and his first collaboration with Pooja Hegde, Venkatesh and Jagapathi Babu. Kisi Ka Bhai Kisi Ki Jaan has recently received U/A certification from the Central Board of Film Certification with an approved running time of 2 hours 24 minutes (144 minutes). The Farhad Samji is directorial and will see a worldwide release from Zee Studios.

Kisi Ka Bhai Kisi Ki Jaan will premiere on 4,000 screens

As per the early trends, Kisi Ka Bhai Kisi Ki Jaan will release on around 4000 screens in India. With the running time under control, the movie will get a wide display on the screen. The lack of competition is also a big advantage, as Kisi Ka Bhai Kisi Ki Jaan Hoga is open to viewers on almost every screen in India. The pre-orders for the film started on Monday at 8 pm, and the response so far has been good.

As of Wednesday, at 1:30 pm, Kisi Ki Bhai Kisi Ki Jaan has sold 20,000 tickets across three chains: PVR, INOX and Cinepolis. PVR leads almost front to back—Cinepolis with 10,600 tickets, followed by 4,800 tickets and finally INOX with 4,600 tickets. To put things in perspective, on the comparison front (T-2) 2 days before launch, Thank God sold 8,200 tickets, Samrat Prithviraj, Ram Setu and Raksha Bandhan had 11,000 tickets each, Bhola sold 11,600 tickets, Shamshera with 14,000 tickets, Jug Jug Jio, Tu Jhootha Main Makkar, Laal Singh Chaddha and Vikram Vedha with 20,000 tickets each and finally Bhool Bhulaiyaa 2 with 35,000 tickets. Pathan was a completely different beast with over 2.25 lakh ticket sales, and this number would be out of reach for 99 percent of Hindi releases in the next two years. Except for 2-3 films this year also, Brahmastra trailer numbers can be safe.

Kisi Ki Bhai Kisi Ki Jaan Early Booking on National Chains

Kisi Ki Bhai Kisi Ki Jaan should aim for ultimate success in the neighborhood of 65,000 to 70,000 across all three series, in the same range as Laal Singh Chaddha and Tu Jhootha Main Makkar. With a trailer in this range, the film’s northern opening will be Rs 15 crore, though a lot will depend on the walk-in audience. There is also a possibility of Rs 20 crore if Atta Belts performs better on Day 1, but these are early days, and all eyes will be on the opening day in Tier 2 markets and 3.

Belts on a larger scale. Look at the impact leading up to Eid, and depending on the day of Eid, centers will see a big increase on Saturday and Sunday. The opening weekend target for KBKJ is expect to be around Rs 70 crore, and then it will be content that speaks for itself.

The weekend is expect to witness a massive bang owing to the much-awaited comeback of Salman Khan on the big screen. While an opening of Rs 15 crore in the northern region would be consider a good result, it needs to catch up to the peak box office numbers achieved by Salman Khan over the past decade, even during the pre-Eid period.

Despite this, the film’s weekend business is expect to surpass most Hindi releases post-pandemic, except Shah Rukh Khan’s Pathan, which was in a league of its own.

Salman Khan’s popularity as an actor is expect to be a deciding factor in the film’s success. However, the pandemic has had a significant impact on the box office and shows it remains how the film will perform in the current environment. However, the film’s release over the weekend is expect to be a positive sign for the industry, indicating a possible comeback in the Hindi film industry after a difficult period.

Scarlet Samson

Apr

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4 lifestyle changes to reduce the effects of non-alcoholic fatty liver disease

World Liver Day is celebrate every year on April 19 to raise awareness of health problems and complications that can occur to this vital organ in our bodies. The day aims to promote health by highlighting common symptoms of liver disease and outlining prevention and management strategies.

There are many complications associated with the liver due to increased alcohol consumption. But not all liver complications are necessarily related to alcohol. Non-alcoholic fatty liver disease (NAFLD) is quite common.

NAFLD, or non-alcoholic fatty liver disease, is a condition that occurs due to an accumulation of excess fat in the liver. According to the UK National Health Service, NAFLD is generally considered harmless in its early stages, but it can cause significant liver damage if left untreated.

The liver recreates an important role in the body’s metabolic processes, such as the breakdown of food, the filtering of toxins, and the production of bile. However, when excess fat accumulates in the liver, it can interfere with its normal function and lead to NAFLD.

There are usually no noticeable symptoms in the early stages of NAFLD, making diagnosis difficult. However, as the condition progresses, it can cause inflammation, scarring, and cirrhosis, which can lead to severe liver damage and even liver failure.

Therefore, it is important to effectively manage NAFLD in the early stages through lifestyle changes such as a healthy diet, regular exercise, and weight control. In severe cases, medications or surgery may be necessary to control the condition and prevent further damage to the liver.

People who are obese, have type 2 diabetes, high cholesterol, high blood pressure, and insulin resistance, among other reasons, are at higher risk of developing NAFLD.

To treat NAFLD, a doctor may prescribe medication to correct the problems caused by it, and in the worst case, the person may need to undergo a liver transplant. However, certain lifestyle changes can go a long way in reducing the effects of NAFLD.

Reduce weight

As obesity was knowing to be one of the most important causes of NAFLD, the first natural way to reduce its effects is to start losing weight. To reduce fat formation in the liver, a 2017 guideline from the American Association for the Study of Liver Diseases (AASLD) recommends that obese and NAFLD patients lose between 3 and 5 percent of their total weight. It is important to consult with your doctor before beginning a weight loss program to determine the best course of motion for you. A dietitian can make an eating strategy to help you achieve your weight loss goals and make nutritious food choices.

Check your diet

To maintain a healthy diet, it is important to eat a balanced mix of fruits, vegetables, protein, and carbohydrates while limiting your intake of fat, sugar, and salt. It is also recommended to consume small meals throughout the day.

Reduce Sugar

When we talk about diet, it is important to mention that sugar intake is harmful to NAFLD patients. According to research, fructose and sucrose may help the liver store fat over time. It is advise to avoid sweets, ice cream, cold drinks and sweet desserts.

Give up smoking

Although NAFLD is not caused by alcohol use, smoking can worsen the condition. Smoking can have a serious effect on the way drugs interact with your body and can also aggravate conditions related to NAFLD.

Smoking can cause oxidative stress on the liver, leading to inflammation and damage to liver cells. This damage can increase the risk of developing advanced stages of NAFLD, such as cirrhosis and liver cancer. Smoking can also reduce the effectiveness of medications used to treat NAFLD, making the condition more difficult to control.

Smoking can also increase the risk of developing other health problems, such as heart disease and lung cancer, which can worsen the complications of NAFLD.

Scarlet Samson

Hyderabad is among Top 7 cities in India with $2.24 billion Investment in real estate during 2018-22

Apr

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Hyderabad is among Top 7 cities in India with $2.24 billion Investment in real estate during 2018-22

Between 2018 and 2022, Hyderabad expects to attract equity investment of US$ 2.24 billion in real estate, which is 7% of the cumulative Investment in India.

As many as 24 land deals were closed and 970 acres acquired in Hyderabad on Tuesday, which saw a total investment of $900 million, according to findings of ‘Indian Real Estate: Betting on a Capital’ Future’ published by CBRE South Asia Pvt Ltd. Inland/site acquisition during 2018-22.

The city also recorded the second-highest land acquisition activity in the country, accounting for over 14 percent of the total land acquired since 2018. As per the report, across India, the total Investment in the land sector ER between 2018 and 2022 was $43,300 million. Equity investment during this period stood at US$31.8 billion, while debt investment stood at US$11.5 billion.

The CBRE report said that since 2018, most of the capital deployment has been through the core and core-plus investment strategies. However, the city has seen an increasing number of bets made through opportunistic routes for greenfield development.

Institutional Investors Entering India ( IIEI):

As per the report, intra-regional investors (outside the APAC region) have contributed around 47% of the total investments in India since 2018. Domestic investors (mainly property developers) have invested over USD 13 billion, representing about 42% of investments. , Total Investment during this period.

Institutional investors have invested more than $17 billion over the past five years, and North American investors account for the largest portion of these investments.

Sector Bets ( SB):

The office sector received more than 56 percent of institutional inflows and pent-up demand, and improving employee occupancy levels in business parks fueled a strong rebound in office leasing.

Land/parcel acquisitions were another favorite bet, with total institutional inflows exceeding $2.5 billion, representing a share of nearly 15 percent.

Among cities in India, Hyderabad ranks among the top five for real estate investment. Worth noting that over $2 billion of capital inflows into the retail sector took place, which is over 11% of total institutional Investment. This indicates the growing importance of retail in the real estate sector and the potential of Hyderabad as a retail hub.

CBRE President and CEO for India, South East Asia, Middle East and Africa told Anshuman Patrika: “Over the next two years, we expect investment flows to remain stable with cumulative inflows of $16-17 billion.”

Gaurav Kumar and Nikhil Bhatia, managing directors of capital markets and residential business at CBRE India, attributed this growth to sustained demand across sectors and the spectacular returns witnessed by investors.

Rami Kaushal, Managing Director, Valuation and Advisory Services, India, Middle East and Africa, CBRE, said: “The REIT landscape will expecting to become more diverse this year, as we may soon see the listing of the first Indian retail REIT, which REITs in India can add more depth to the market.”

Investment in sites in the top 7 cities (2018-2022)

Urban land acquired (acres) Investment in land deals (US$ billion)

Delhi-NCR 1760 67 3.8
Mumbai 960 73 3.8
Bangalore 700 44 1.1
Hyderabad 970 24 0.9
Madras 500 47 0.9
Puno 450 27 0.6
Calcutta 110 4 0.1

According to CBRE India, this has led to an influx of new investors seeking to set up large investment platforms in the country. This is a clear indication of the positive impact of the Hyderabad property market on the overall economy of India.

With the increasing demand for residential and commercial properties, Hyderabad has emerged as one of the top five cities in India for real estate investment. This trend will expect to continue as the city continues to attract investors from around the world who see the potential for high returns on their investments.

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Scarlet Samson

Samsung Phones to Bypass Google, Switch to Bing as Default Search Engine: Report.

Apr

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Samsung Phones to Bypass Google, Switch to Bing as Default Search Engine: Report.

Google is the leader among search engines, but its dominance may soon be affected. This will be a big blow for Google, as Samsung is the second-largest smartphone maker in the world.

Microsoft revamped Bing earlier this year and integrated it with OpenAI’s GPT model, which also powers the popular and popular ChatGPT. How is it better? With AI-powered Bing, you can ask it more complex questions and assign tasks.

The smartphone market is constantly evolving, and there have been reports in recent news that Samsung phones may change their default search engine from Google to Bing. However, negotiation is essential to note that this decision is still and that Samsung may ultimately choose to stay with Google. If Samsung switches to Bing, it could significantly impact the smartphone market.

Google dominated the search engine market for a long time, and many smartphone users are using Google as their default search engine. However, if Samsung were to switch to Bing, it could open up new opportunities for Microsoft to gain a foothold in the search engine market. This could also lead to differences in how people use their smartphones as they will have to adapt to using a different search engine.

While whether Samsung will ultimately choose Bing over Google has yet to be determined, the prospect of such a shift is certainly intriguing. It could have far-reaching implications for the smartphone industry.

Also, Samsung may consider it, but it will take a lot of work to execute. As Andreas Proshofsky explained on Twitter, all Android OEMs are require to sign MADA (Mobile Application Distribution Agreement) to have apps from the Google Play Store, including Google Search, on their phones. Now, removing Google Search would mean losing access to the Google app ecosystem, which seems like there are more viable options.

Google pays Samsung and Apple to be the default search engine.

Both Samsung and Apple are known to have paid a hefty amount for Google to remain the default search engine. The tech giant reportedly pays Apple $20 billion per year and Samsung $3.5 billion per year. With that said, there has yet to be a word from Microsoft on the matter and whether the company would be willing to shell out as much money as Google.

Microsoft is currently busy updating Bing with more features and the latest GPT-4 model of OpenAI. Those with access to the preview version of Bing can access the updated search engine. Microsoft has also integrated the OpenAI DALL-E image generator with Bing. Through this feature, users can generate images directly from Bing Chat. It’s called “Bing Image Builder,” and you can tell it to generate an image based on the details you provide.

Google has been one of the main pioneers in the world of Artificial Intelligence (AI) and Machine Learning. The search giant is working to integrate its AI chat technology into the search engine, which could revolutionize the way we search. Although there is no official verification yet, the AI-powered smartphone search engine will be a game changer in the industry.

With the integration of AI, search engines will be able to understand the intent behind a user’s search query and deliver more personalized results. This can result in a more effective and efficient search experience, saving users time and frustration in finding the information they need.

However, with Samsung phones ditching Google and switching to Bing as the default search engine, it remains to be seen if Google’s AI-powered search engine is coming soon. Whatever the outcome, competition among search engines will only fuel further innovation and progress in AI and machine learning.

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Scarlet Samson

Apr

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SBI approves long-term fundraising of up to $2 billion

State Bank of India (SBI), one of India’s leading financial institutions, has announced its plan to raise $2 billion for the upcoming fiscal year, 2023-24, through the issuance of senior unsecured notes. The move is part of SBI’s long-term fundraising plan, aimed at strengthening its balance sheet and supporting future growth plans.

The senior unsecured notes issued by SBI will have a minimum maturity of three years and a maximum maturity of 10 years. The bonds will be issuing in one or more tranches depending on market conditions and SBI’s funding requirements. This move by SBI is a clear indication of the bank’s commitment to its customers and stakeholders, as well as its faith in the market and the economy.

With this long-term fundraising plan, SBI is well-positioned to continue its growth trajectory and provide innovative and reliable financial solutions to its clients. It also signifies the bank’s strong financial position and ability to raise funds from global markets to support its growth ambitions.

At the recent Central Board Executive Committee meeting on April 18, SBI announced that US dollars or other convertible foreign currencies would use for senior unsecured notes. This announcement indicates that the Board is preparing to offer new senior unsecured notes. Details of the offer remain uncertain as the Board also mentioned that the notes could be offering as a public offering or a private placement.

A public offering would involve the sale of notes to a wide range of investors, such as retail investors. By contrast, a private placement would involve the sale of notes to a select group of investors, such as institutional investors. The decision to make a public or private offering will depend on several factors, including the size of the offering, the level of interest of potential investors and current market conditions.

In addition, the use of US dollars or other convertible foreign currencies indicates that the Board is seeking to expand its international reach and attract a broader range of investors. It also shows that the Board has faith in the stability and strength of the US dollar and other foreign currencies.

State Bank of India (SBI) recently raised Rs 3,717 crore by issuing its third additional Basel III compliant Tier 1 bonds for FY23. This is complete at a coupon rate of 8.25 percent. , making it one of the most successful bond issues of the year. These bonds have a fixed term, which is good news for investors looking for long-term investments.

In addition, there is a call option after ten years and on each anniversary after that, giving investors the flexibility to sell or hold their investments as they see fit. The success of this bond issue reflects investors’ confidence in SBI, India’s leading bank.

The funds raised through this bond issue using to finance various business ventures and initiatives of the bank, which will ultimately benefit its customers and shareholders.

State Bank of India (SBI) has announced plans to strengthen its capital adequacy by increasing its Additional Tier 1 capital and its overall capital base, as well as in line with Reserve Bank of India (RBI) guidelines. To achieve this, the bank plans to use the proceeds from the bond issue.

The bonds will help the bank meet its regulatory and compliance obligations while ensuring long-term stability. Proceeds from the bond will go towards boosting the bank’s capital position so that it can continue to provide financial services to clients across India.

By strengthening its capital base, SBI will be better able to absorb any potential risk in the market and continue to grow its business while maintaining its strong reputation as one of India’s leading banks. With its dedication to maintaining its position as a strong and reliable financial institution, the State Bank of India continues to prove itself a pillar of the Indian economy.

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Scarlet Samson

Indian colleges push work on indic languages gen AI.

Apr

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Indian colleges push work on indic languages gen AI.

Even as the technology giants are pushing platforms such as ChatGPT, Bing and Bard, India’s leading engineering colleges are launching an increasing number of generative artificial intelligence (AI) research projects, many of which Seek to understand how the technology could help build tools similar to OpenAI’s ChatGPT. Pero en lenguas indias.

Generative AI platforms have been a niche since the second half of last year, and Microsoft and Google have brought these programs to their existing services. Even the Ministry of Electronics and Information Technology (MeitY) said on February 3 that it is “conscious” of the rise and spread of generative AI and pointed out that AI could be a “kinetic facilitator” for growth in India.

Despite the potential benefits of generative AI projects in academia, researchers from various institutions highlight the many challenges facing such initiatives.

Among these challenges, the supply of a sufficient amount of data for Indian languages emerges as a significant obstacle due to the high cost of such projects and the massive computing power required to execute them effectively.

Despite these obstacles, Indian researchers have been actively working on generative AI projects for more than three years. Their dedication to addressing these challenges underscores the value these projects can provide to promote multilingualism and increase access to digital content for diverse communities.

As research continues, it is hope that advances in technology and collaboration between institutions will help remove barriers to success and make these projects a success.

Tapas Kumar Mishra, assistant professor of computer engineering at National, said: “In the academic field, we are using language model techniques called transformer architectures for various tasks, such as data classification, answering questions, automatic translation and the creation of chatbots”. Institute of Technology (NIT), Rourkela.

Transformer AI is the underlying algorithm for model generative AI tools. Can process inputs of human conversational language and generate results after understanding the context. Although the global platforms operate primarily in English, Mishra said the researchers under his command are working in languages such as Hindi, Bengali and Kannada.

These building models can take queries and generate results in these languages. En Ingles. They are not using OpenAI’s tools for this but have received a score of “very good” according to the industry standard test Bilingual Evaluation Understudy (BLEU).

It is says that NIT Rourkela obtained between 25 and 30 points in Hindi and English and 19 points in Bengali and English. As a reference, the GPT-4 model of OpenAI has a score of 22,9 in the output of English and French.

Last month, the institute published a research work on translation from Hindi to English in collaboration with the Association for Computing Machinery. This American scientific community publishes research work on natural language processing (NLP).

Besides NIT Rourkela, the students of Instituto Indian de Tecnología (IIT) of Madras have started working on similar projects.

According to Harish Guruprasad, assistant professor of computer engineering at IIT Madras, one of these projects seeks to improve the quality of YouTube videos translated into Tamil. This initiative shows the commitment to improving linguistic access and promoting multilingualism, which is by the diverse linguistic landscape of India.

In addition, these projects are important to promote the preservation of the language and equity in access to digital content. Through these efforts, institutions such as NIT Rourkela and IIT Madras contribute to the development of technological solutions that can improve language translation and access to digital media for diverse populations.

According to the sources, the main motivation of the students to start the Generative AI project has been to compare their language model with GPT-4 and to explore new techniques to translate videos into Indian languages, which will eventually end up in academic publications.

However, it is worth noting that the projects of generative AI extend beyond spoken languages and have been an active area of research in many domains.

These initiatives have demonstrated a huge potential to improve the accuracy and efficiency of language processing, voice recognition and image synthesis.

By harnessing the power of machine learning and deep neural networks, the researchers aim to develop algorithms that can emulate human intelligence and improve automation in various fields.

As such, generative AI projects hold great promise for changing how we interact with technology and creating a more accessible and inclusive digital ecosystem.

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Scarlet Samson

Amul vs. Nandini feud, Kerala milk federations bar Nandini’s entry into the state

Apr

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Amul vs. Nandini feud, Kerala milk federations bar Nandini’s entry into the state

In an ironic move, the Kerala Cooperative Milk Marketing Federation (KCMMF), popularly known as the Milma brand, is now opposing the entry of Karnataka Milk Federation (KMF) Nandini into the State.

Karnataka-based dairy brand Nandini has grown into Kerala by opening two platforms in the southern State. However, the move criticize by the local Milk Marketing Cooperative Union.

The move comes amid the ongoing controversy over the arrest of Amul in Karnataka, amid fears that the brand would affect KMF’s Nandini, a brand made by farmers.

Since certain state milk marketing unions tend to “aggressively enter markets outside their respective states,” the KCMMF has resisted the move.

The federation acknowledged that such a move would result in a complete departure from the cooperative principles upon which the country’s dairy sector is find and which have benefited thousands of dairy farmers.

Milma’s president calls the practice “immoral.”

In a statement, KS Mani, president of Kerala’s local brand Milma, called the practice “unethical”. The tendency to enter markets outside its domain by opening points of sale or attracting franchisees avoiding. Initially, they sold only value-added products but later expanded their operations to include liquid milk sales. Subsequently, they commenced delivering milk from shops to stores.

According to Mani, the attempt by the Gujarat Dairy Cooperative Federation (Amul) to promote its staple in Karnataka has elicited a strong reaction from stakeholders in the State. But the Karnataka Milk Marketing Federation recently launched its milk and other products and opened its outlets in some parts of Kerala to sell the Nandini brand.

How can this be justified? Whoever does this is an extremely unethical practice that undermines the entire goal of the Indian dairy movement and is detrimental to the interests of the farmers.

Mani said this trend would only fuel unhealthy competition among states, adding that the central and StateState governments should come together to reach a consensus.

“Some State Milk Marketing Federations have recently shown a growing propensity to offer their products outside of their geographic regions. The federal principles and cooperative spirit upon which the State Dairy Cooperative Societies of the nation find are gravely violated by this.

The operational movement is create and nurtured by pioneers like Tribhuvandas Patel and Dr. Verghese Kurien,” Mani said.

Cross-border Marketing of Milk

The Karnataka Milk Federation is criticize by Milma for expanding its stores into portions of Kerala, claiming that this was a flagrant violation of the cooperative principles upon which the nation’s dairy business was set up for the benefit of thousands of dairy farmers.

He also cited an agreement that establishes that the cross-border marketing of milk is a “serious encroachment on the territory of sale of the State in question.”

“According to the existing agreement and good business relations between dairy cooperatives, cross-border marketing of fluid milk avoiding, as it amounts to an open invasion of the sales territory of the State concerned.

In the spirit of cooperative principles, that they are base on mutual consent and goodwill was appreciate for a long time,” he said.

According to the Economic Times report, Mani has also written to KMF. “In the dairy sector, we all have to thrive by being ethical to one another,” Mani is quote as saying by ET.

Tejashwi Surya on Nandini vs. Milma

Tejashwi Surya on Karnataka BJP MP Tejashwi Surya made a hint to Congress leader Rahul Gandhi who recently visited Karnataka.

The Congress Leader, State Party Chief DK Shivakumar and General Secretary KC Venugopal visited Nandini Milk Parlor in Bangalore. He bought Nandini ice cream and the flagship brand of Karnataka Milk Federation (KMF), calling it the “pride of the state”.

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Scarlet Samson

Tata Technologies IPO: Why should you buy Tata Motors shares now?

Apr

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Tata Technologies IPO: Why should you buy Tata Motors shares now?

Stock market observers have been analyzing the effect of Tata Technologies‘ IPO on Tata Motors since the company filed documents to begin its IPO. Tata Motors plans to sell 8,11,33,706 shares of Tata Technologies in this future IPO. The automaker purchased these shares at $7.40 per share (as detailed in the Draught Red Herring Paper, or DRHP).

Experts are quite bullish on both Tata Motors shares and the Tata Technologies IPO. He added that the market expects public issuance in the next two to three months, and although its price band has not announced, the market is expecting big profits for Tata Motors as it bought shares of Tata Technologies level of Rs.

Stock market investor is advise by Avinash Gorakshkar to start hoarding Tata Motors shares now, as recent global triggers such as the US Federal Reserve banking crisis are expect to benefit auto stocks.

On how the Tata Technologies IPO will affect the Tata Motors share price, Avinash Gorakhkar, Head of Research at Profitmart Securities, said: “The Tata Technologies IPO is expect to go well as the public issuance is back by the big brand Tata.

The public issue will generate cash inflows at Tata Motors, which is expect to improve the margin and balance sheet of the auto company. Since Tata Technologies Ltd. is an IT company, it appears it was solely an investment of the funds surplus available in Tata Motors when it acquired Tata Technologies Ltd. Shares were acquire.

Therefore, Tata Motors should see Tata Technologies’ IPO as profit booking.” He added that Tata Motors has reported strong figures in the third quarter of fiscal 23 and is expect to provide attractive figures in the fourth quarter.

How Tata Motors Will Benefit From Tata Technologies IPO

Gorakhskar said that Tata Technologies has yet to price the IPO. Still, he is confident that the Tata Technologies IPO will pricing at least 4-5 times the rate at which Tata Motors acquired a stake in Tata Technologies. Thus, Tata Motors is expect to earn big profits from Tata Technologies’ initial public offering, Avinash Gorakhskar said.

Tata Technologies IPO Valuation

Stating that the Tata Technologies IPO is a win-win situation for Tata Motors shareholders, Anuj Gupta, VP of Research at IIFL Securities, said, “The Tata Technologies IPO can unlock value for Tata Motors shareholders.” He said that Tata Technologies has yet to announce the IPO price.

Still, he is confident that its market capitalization will be around Rs 18 000 crore to 20 000 crores. Based on this, we expect Tata Technologies’ initial public offering price to be around Rs 40 per share. .it can wait.

Tata Motors shareholders to benefit from upcoming IPO

Avinash Gorakshkar advises stock market investors to start hoarding Tata Motors shares now as auto stocks are expect to benefit from recent global triggers such as the US Federal Reserve banking crisis. Dollar Gorakhskar said a fall in the US dollar could force FIIs to look at emerging markets, including the Indian stock market.

As Tata Motors is an FII and mutual fund preferred stock, it is also expected to benefit from the latest stock market triggers.

Therefore, near-term sentiment and fundamental developments such as the Tata Technologies IPO and quarterly results give bullish signals for Tata Motors shares.

Advising positional investors to buy Tata Motors shares, Sumeet Bagadia, CEO of Choice Broking, said: “Tata Motors has made a fresh break at Rs 460 per share at the close, and the stock chart pattern shows momentum extreme bullish.” buy the shares at current levels for a short-term target of ₹490 to ₹500 while keeping the stop loss near ₹450 levels.

For those who have Tata Motors shares in their stock portfolio, Sumeet Bagadia said: “Those who have Tata Motors shares in their portfolio can upgrade their trailing stop loss to ₹450 and move from ₹490 to ₹500.”

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Scarlet Samson