Illinois just took a small step in this direction. Its new Artificial Intelligence Video Interview Act addresses the growing hiring practice of using AI to analyze a candidate’s appearance and gestures during an interview. A company called HireVue, for instance, enables employers to set up automated, video screening interviews. In addition to providing the tapes for managers to review, HireVue’s AI evaluates details such as facial expressions, word choice, body language, and vocal tone to provide a score for the candidate. Illinois’s law doesn’t ban such practices, but it requires that job candidates be notified of the process and get an explanation of how it works. Would-be employers need written consent from the job seeker before they can proceed, and they have to delete all copies of the video if the applicant requests. … [Read more...] about In 20 years, your boss may track your every glance, keystroke, and heartbeat
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Nevertheless, the trend offers some insights to the state of the economy. There was a time when banks used to compete to grow their student loan portfolio, often running campaigns. What changed over the last few years? Of course, banks cut lending when demand slows or when bad loans from that particular segment begin to spike. In the case of education loans too, both aspects seem to have played a part. … [Read more...] about Why have Indian banks stopped lending to students?
Mode wise performance: The company’s mode 2 & mode 3 revenues now contributes 34 percent of the revenues. Mode 2 grew 23.5 percent YoY While Mode 3 grew 55 percent+ YoY. Furloughs impact was more in Mode 1 and Mode 2 businesses. However sharp increase in Mode 2 margin is not taken as sustainable, couple of quarter more to see the margin predictability. The management is confident of momentum to continue in core service going ahead. … [Read more...] about HCL Tech raises FY20 revenue forecast; here are key highlights of analysts concall
“For the moment, banks are in a healthy place and valuations reflect that health, so there is relative opportunity. There are companies without the earnings, especially in banking that trade at a significant premium to some companies which are sustaining significant earnings growth and they are reasonably valued. There is a lot to discover here. It is not a usual scenario where you see earnings and prices but there is hidden value that may get uncovered in the next few quarters or so,” Pradhan added. … [Read more...] about Broader market showing early signs of earnings growth returning, says HSBC Global Asset Mgmt
"Given the fact that there are some indicators like the watch-list coming down, in terms of size, I can say with a reasonable degree of confidence that the slippage levels should be lower going forward," Chadha, who took over the charge last week told PTI in an interview. … [Read more...] about Bank of Baroda says fresh NPA accretion nearly peaked