Category Archives: Business

Global Voice Recognition Market Trends 2021 | Segmentation, Outlook, Industry Report to 2027

Voice recognition is a technology used in various devices such as smartphones, cars, and computers, and the system can recognize the sound of speech and convert it into a machine-readable form. Language units are used for speech and audio signals. These signals are measured by the word error rate (WER), which helps to identify inaccuracies […]

Coinbase Soars in Its Initial Public Offering, Reaching A Market Capitalization of Nearly $100 Billion

Bitcoin has topped $63,000, up from $29,000 at the beginning of the year, and Coinbase recently announced that first-quarter sales will be about $1.8 billion, exceeding the company’s overall revenue for the entire year of 2020. The Nasdaq ticker for Coinbase is ‘COIN.’ As the digital currency exchange makes its much-anticipated debut on Wall Street, […]

BIF is seeking to reverse the rise in import duties on components, PCBAs.

Broadband India Forum (BIF) of the industrial sector approached the telecoms service and the finance ministry, seeking a reversal of the increase in import duties on components and PCBAs, that had recently been implemented in the budget. The BIF has written to the Government urging that these tasks to be withdrawn and urged that the duty exemption […]

India’s Electric vehicle face practical technical hurdles

EVs are a rare occurrence in India where over 300 million cars, mostly scooters, and motor-powered rickshaws jam roads. Now, the country is making an ambitious push for what it calls electric mobility, to reduce smog (air pollution that reduces visibility). But even for these relatively simple vehicles, the effort is plagued by technological and logistic […]

RBI sets up panel to review ARCs working

On Monday, the Reserve Bank of India (RBI) formed a committee to assess the position of asset reconstruction companies (ARCs) in stressed debt resolution, and to study their business model. The panel is expected to submit its report three months after its initial meeting. The six-member panel is led by former RBI executive director Sudarshan […]

E-comm players are facing tough tasks of keeping workforce safe as well as timely delivery of goods

E-commerce companies will have to deal with the twin challenges of delivering on time with an increasing number of orders from customers and keeping their employees safe in the coming weeks, as the number of COVID cases nationwide continues to rise, according to industry executives. Various state governments have announced weekend curfews and lockdowns to […]

Alaska is no longer an option, but the Caribbean is on the rise: What to know about cruising in 2021

More than a year after Covid-19 grounded cruise ships, there are strong indications that cruising might be making a comeback. The Centers for Disease Control and Prevention (CDC) in the United States signalled this month that cruises could reopen by mid-summer,with limits,in a development applauded by operators and cruise enthusiasts. This comes after months of […]

Support Your Children’s Education, Invest in Mutual Funds

Parents should consider balanced accounts, according to financial advisors. They can also invest in equity funds and then switch to debt funds, as they get closer to their target. Assistant Professor Preethi Nair, who lives in Bengaluru, is worried about her 9-year-old son’s future due to rising education costs. Families may now spend money on […]

Leon, a UK fast food retailer, has been purchased by two billionaire brothers of Indian ancestry

Indian-origin billionaire brothers Mohsin and Zuber Issa have purchased Leon, a renowned British fast-food chain, as part of their plan to expand their foodservice operations in the United Kingdom. As part of their EG Group business, the Issa brothers, whose parents immigrated to the UK from Gujarat in the 1970s, own the Euro Garages chain […]

Danske Bank CEO resigns after being named a suspect in Dutch probe

Dutch authorities named Danske Bank CEO Chris Vogelzang, as a suspect in a probe into violations of money-laundering regulations at Dutch lender ABN Amro. Vogelzang took control of Danske Bank in June 2019, with an intention to steer Danske through one of the world’s biggest money laundering scandals. Danske bank has been helping their customers […]