BPO sector ripe for AI disruption, says TCS CEO K Krithivasan
While there is talk of AI displacing various entry-level and lower-end jobs in call centres, experts say that it could create high-value roles in data science, AI system development, and digital marketing, among others. This comes days after French IT services major Capgemini agreed to buy WNS, an Indian-origin provider of BPO technology, for $3.3 billion (Rs 28,280 crore) in cash.
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Business Standard
29 minutes ago
- Business Standard
₹2.4 trn worth of housing plots launched in last 3.5 years: PropEquity
Housing plots worth ₹2.44 trillion have been launched in past three and half years because of higher demand post-Covid pandemic, according to PropEquity. Real estate data analytic firm PropEquity data showed that nearly 470,000 residential plots have been launched by developers between January 2022 and May 2025 across 10 tier-I and tier-II cities. These cities are Hyderabad, Indore, Bengaluru, Chennai, Nagpur, Jaipur, Coimbatore, Mysore, Raipur and Surat. "The estimated launch value of the residential plots in 10 tier I-II cities between 2022 and 2025 (May) is approximately ₹2.44 trillion," PropEquity Founder and CEO Samir Jasuja said in a statement on Tuesday. The demand for residential plots has risen in the past few years as this asset class is more liquid with potential of higher appreciation than apartments, he added. Jasuja said many prospective customers prefer plots as they desire to customise their living space. As per the data, the supply of residential plots in these 10 cities fell 23 per cent annually in 2024 to 1,26,556 plots from 1,63,529 plots in the preceding year. PropEquity said 45,591 residential plots have been launched during the the first five months of 2025. "For developers, plots generate quick cash flow as they involve faster sales and less upfront investment as compared to apartments," the company said. The weighted average launch price of residential plots in these 10 cities rose 27 per cent annually in 2024 to ₹3,679 per sq ft, which translates to ₹33,111 per square yard and Rs 39,586 per square metre. Commenting on the report, Kirthi Chilukuri, Founder and MD of Stonecraft Group, said, "The surge in plotted development across India's cities reflects a growing desire among people for ownership and personalisation." Yashank Wason, Managing Director, Royal Green Realty, said, "Indore's rise among the top three plotted development markets is a testament to its evolution into a dynamic real estate destination." Sam Chopra, President and Country Head, eXp Realty India, said the launch of 470,000 plots in these 10 cities in just over three years reflects a decisive shift in buyer behaviour, from built-up units to land ownership.
The Print
37 minutes ago
- The Print
Bihar Cabinet approves proposal of one crore jobs, employment opportunities
The CM on Sunday had announced that 'For the next five years (2025 to 2030), we are setting a target to double the 2020-25 goal by providing government jobs and employment opportunities to one crore youth. To achieve this, new job and employment opportunities will also be created in the private sector, particularly in industrial areas. For this purpose, a high-level committee is being constituted. The Cabinet meeting on Tuesday, chaired by Chief Minister Nitish Kumar, approved the proposal of the Labour department in this regard and also decided to constitute a 12-member committee headed by the Development Commissioner to explore the possibilities and take decisions in this effect. Patna, Jul 15 (PTI) The Bihar Cabinet on Tuesday cleared a proposal of 'one crore jobs and employment opportunities' in the next five years. Soon after the Cabinet meeting, Additional Chief Secretary (Cabinet Secretariat) S Siddhartha told reporters, 'The state Cabinet on Tuesday approved the Labour department proposal to provide one crore jobs and employment opportunities to youth in the state in the next five years (from 2025-2030). The government has also decided to constitute a 12-member committee, headed by the chief secretary, for the same.' The cabinet also approved 30 proposals of different departments on Tuesday. The decision assumes significance ahead of the assembly polls due later this year. 'I am delighted to share that, so far, 10 lakh youth in the state have been provided with government jobs, and approximately 39 lakh people have been given employment, and the target of providing government jobs/employment to over 50 lakh youth will certainly be achieved. 'Currently, under the Saat Nischay programme, the youth of the state are being provided with skill development training to connect them with self-employment opportunities. In the next five years, the ongoing programme under Saat Nischay for youth skill development will be expanded,' the CM wrote on X on Sunday. The cabinet also approved more than Rs 179 crore for the maintenance of the priority corridor of metro rail which will become operational from August 15, 2025, in Patna. A proposal of sanctioning of more than 179 crore for the maintenance of the priority corridor of metro rail and Rs 21.15 crore for hiring three metro car single sets on rent were also approved by the cabinet. The three-coach train set will run on a 6.49-km elevated section between Malahi Pakri and the New ISBT, a priority corridor designed to serve one of the busiest traffic zones in the city. PTI PKD RG This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
Time of India
39 minutes ago
- Time of India
Billionaire Mark Cuban says he is a big fan of AI, but warns that its biggest danger is true; Yes it ...
Billionaire entrepreneur Mark Cuban an advocate of artificial intelligence has now issued a warning about AI. The billionaire revealed that he uses AI for 'everything' ranging from writing code and monitoring his health to creating video content. However, despite its benefits, the billionaire warns about the AI's most significant dangers and emphasise on the importance of human supervision. Cuban cautioned that the technology's unpredictability and potential misuse is highly possible. Billionaire Mark Cuban says he is a big fan of AI As reported by CNBC, speaking at the High Performance podcast, Cuban revealed that he uses AI for almost everything today. Cuban said that he uses AI to write codes with the help of the Replit app. 'It's insane how much I use it right now. I downloaded this app, Replit, and you just type in ... I want to be able to compare pharmacy costs between my company and these other companies, and every time the price changes send me alerts,' said Cuban. Additionally, he also takes help of AI in making text-to-video content for the NBA's Dallas Mavericks as he's the monitor owner on the team. And he also uses AI to monitor his health regularly. 'I just [went to ChatGPT] and I was like ... I'm going to tell you when I take my medicine and when I do my workout, and I want you to record it all. If there's something there that I write down that you think is not right or I should be concerned about, let me know,' added Cuban. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Đây có thể là thời điểm tốt nhất để giao dịch vàng trong 5 năm qua IC Markets Tìm hiểu thêm Undo Mark Cuban warns about the dangers of using AI Cuban also emphasised on the potential dangers of using AI. 'Yes, it's true. The biggest danger of AI is real,' said Cuban. A primary concern he voices is the phenomenon of "hallucinations," where chatbots generate fabricated or incorrect information. 'You've got to be careful ... It's like talking to a friend who you think knows a lot about something. You've still got to be careful and talk to an expert,' said Cuban. He advise the users to use AI with caution and skepticism. He also tells users to fact-check all the responses and work on prompt-engineering in order to make the most of AI. He believes that AI can propose millions of solutions in a second but human judgment is still indispensable. Mark Cuban makes AI prediction Recently, Billionaire Mark Cuban predicted that the world's first trillionaire will be an entrepreneur who develops a successful artificial intelligence innovation. During an appearance on the "High Performance" podcast, Cuban made this prediction. In the podcast, Cuban said: 'The technology is changing so quickly. Somebody will come up with a new way to utilise it in a way we never thought about before. But AI just drawfs all that. We haven't seen the best or the craziest of what's its going to be able to do. And not only do I think it will create a trillionaire, but it could be just one dude in a basement. That's how crazy it could be.' How AI gets smart: Unlocking LLMs AI Masterclass for Students. Upskill Young Ones Today!– Join Now
