Tata Consultancy Services (TCS) has planned an Artifical Intelligence (AI) driven command centre in Chennai that can monitor examination venues across India in real-time. The TCS iON's state of the art centre in Chennai's Sholinganallur can oversee candidates, devices as well as power parameters at exam venues for ensuring fair and free exams. According to TCS, to the centre can track movement and device carried by every candidate at any exam centre via alive CCTV feed. It also predicts the readiness of the exam centre which is based on past incidents and the current live feed of events in the exam centre. Alerts are issued about any malpractice attempts based on the learning from the malpractice pattern of the past. The strategy of the business of the IT company is TCS iON which works with education boards and r

Manohar Ajgaonkar, Goa Tourism Minister said that the state government has given ‘in principle’ permission to hold the Sunburn EDM festival in the state in December. He also added that the final approval for the popular Electronic Dance Music (EDM) festival will be given only when the organizers fulfil the criteria laid down by the government. "We have taken a decision to give in-principle approval to Sunburn Klassique to host the festival from December 27 to 29," said Ajgaonkar. The promoter of the festival, Percept Live, has announced a collaboration with Goa-based nightlife and promotions firm Klassique for all Sunburn events in the state. The festival is planned to be held at Vagator beach in North Goa district this year. Read EquityPandit's Nifty Outlook for the Week

The National Highways Authority of India (NHAI) has invited bids from the private sector for auctioning of tolling rights in seven National Highways, as part of the fourth bundle of its toll-operate-transfer programme. The NHAI has set the base price at Rs 4170 crore. The last date of submitting bids is 14th January 2020. The Bundle has 401.58 km of roads in Jammu and Kashmir, Punjab, Maharashtra, Madhya Pradesh, Haryana and Rajasthan. The toll-operate-transfer (TOT) model, introduced by the National Democratic Alliance government in 2016, is part of the Centre’s efforts to monetize operating public infrastructure and build new assets under programmes such as Bharatmala. Under the model, the highest bidder wins the rights to operate and maintain the assets over a 30 year concession period, with rights to tol

European shares have dipped on Wednesday, after dramatic swings over the past week, as uncertainty over the outcome of London's last-ditch Brexit talks with Brussels kept investors on the sidelines. By 0710 GMT, the pan-European STOXX 600 index was down 0.1 per cent after closing at its highest level since May 2018. Britain's domestically-focused midcaps slipped 0.2 per cent after climbing recently on hopes of a Brexit deal. London listed shares of Rio Tinto fell after the miner said it's iron ore shipments rose 5 per cent but cut its bauxite and alumina production forecast for the year. The benchmark index were shares of Roche, which rose 1.2 per cent as the Swiss drugmaker boosted its 2019 sales outlook for the third time, and said it expects to finish its takeover of Spark Therapeutics this year. Its shares

Amazon’s virtual assistant Alexa can now take voice commands to settle customers’ bill using Amazon Pay. This new Alexa feature support payment of bills across categories such as electricity, water, post-paid mobile, cooking gas, broadband and DTH. Users of Amazon Echo, Fire TV Stick and other devices with Alexa built-in can just say commands such as ‘Alexa, pay my mobile bill’ or ‘Alexa, pay my electricity bill’ to get started. "This new integration of Amazon Pay with Alexa will help reduce both time and effort for customers who use Amazon Pay for bill payments and repeat similar transactions every month. We are also excited to share that this is an India-first feature which Alexa customers in India can enjoy before any other international customers," Puneesh Kumar, Country Manager for Alexa Experienc

In Mumbai, Alibaba subsidiary Whale cloud has data centre unveiled a 5G operation map of the country. The 5G operation map will guide communication service providers to better operate the 5G network and business, speed up the returns of 5G investments, and improve core competence in the country. Alibaba has a local data centre in Mumbai and Whale Cloud is an official partner with Alibaba to provide cloud service in the country. It also has a local office in Gurugram. Whale Cloud also presented its digital telco transformation approach Digital Telco Maturity Map (DTMM) a case-proven AI and big-data platforms for the telco industry. Founded in 2003, Whale Cloud provides cloud, big data and AI-enabled solutions to global telecom operators, governments and enterprises in more than 80 countries and regions. From Se

Nazara Technologies Ltd. has invested of Rs 83.5 crore in Paper Boat App. It is an interactive gaming and digital sports media company. The company has acquired a majority stake of 51 per cent at a pre-money valuation of Rs. 154 crore, Nazara said in a statement. Paper Boat Apps is the creator and publisher of Kiddopia, a subscription-based pre-school edutainment app. Till date, the app has been downloaded by more than 2.5 million parents around the world and has over 100,000 active subscribers. Nazara has over 20 million monthly active kids playing its games on Google Play and App store. According to Anupam Dhanuka, Co-Founder and CEO, Paper Boat Apps Pvt. Ltd., "This investment will help us grow our team, strengthen our market share in the US and expand to other high-value markets such as Latin America, Euro

Paytm will consider listing on the stock exchanges only after 2021 when the financial services and e-commerce firm is expected to start generating cash, founder Vijay Shekhar Sharma said. “The plan was always to start thinking of an IPO 2022 onwards. I have always wanted to go for an IPO (initial public offering) after the company starts generating cash," Sharma said. Paytm’s losses for 2018-19 (Apr-Mar) nearly tripled to Rs 4,217.20 crore from Rs 1,604.34 crore in the year-ago period, according to the Noida-based firm’s annual report, LiveMint reported. The company has changed its strategy in terms of discounts and cashback and now provides ecosystem offers on Paytm Mall instead of giving just outright cashback. According to Sharma, at present, Paytm’s e-commerce operations Paytm Mall, which was hi