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The corporate affairs ministry this week reviewed the steps taken to address the issues pertaining to IL&FS and is "generally satisfied" with the progress, according to an official.After the crisis at diversified IL&FS came to light last year, the ministry had superseded its board and since then various measures have been taken to address the issues as well as repay outstanding dues of the group.In October, Kotak Mahindra Bank's Managing Director Uday Kotak was given one-year extension as head of IL&FS, which was estimated to have debt worth over Rs 94,000 crore.Close The group is aiming to address repayment of half of its debt pile through resolution, recovery and restructuring by the end of March. It has also identified resolution plan for all its 302 entities -- 169 domestic and 133 international ones. related news Karnataka cabinet expansion likely after December 20 or 22: B S Yediyurappa Govt further extends relaxed fumigation norms on imported onions till … [Read more...] about Corp Affairs Ministry reviews IL&FS resolution progress

Hamish Fraser first encountered Babylon Health in 2017 when he and a colleague helped test the accuracy of several artificial intelligence-powered symptom checkers, meant to offer medical advice for anyone with a smartphone, for Wired U.K. Among the competitors, Babylon’s symptom checker performed worst in identifying common illnesses, including asthma and shingles. Fraser, then a health informatics expert at the University of Leeds in England, figured that the company would need to vastly improve to stick around. advertisement advertisement “At that point I had no prejudice or knowledge of any of them, so I had no axe to grind, and I thought ‘Oh that’s not really good,'” says Fraser, now at Brown University. “I thought they would disappear, right? How wrong I was.” Much has changed since the Wired U.K. article came out. Since early 2018, the London-based Babylon Health has grown from just 300 employees to approximately 1,500. The … [Read more...] about Should you get medical advice from a bot? Doctors aren’t so sure

Below is the complete speech delivered by Finance Minister Piyush Goyal on February 1, 2019."Madam Speaker,I rise to present the Interim Budget for the year 2019-20. I am deeply conscious of the absence of Shri Arun Jaitley today. I am sure the House joins me in wishing Shri Jaitley speedy recovery, good health and a long life in the service of the nation.Close Madam Speaker, the people of India gave a strong mandate to our Government. Under the visionary leadership of Hon'ble Prime Minister Shri Narendra Modi, we have given the most decisive, stable and clean Government and have undertaken transformational structural reforms. We have reversed the policy paralysis engulfing the nation and have restored the image of the country. The major achievement of this Government was that we strived our utmost to change the mind-set and ignited the self-confidence of the nation. related news Need feel-good factor to revive consumption: Exide Life CIO Shyamsunder Bhat … [Read more...] about Full text of Finance Minister Piyush Goyal’s 2019 Budget speech

https://t.co/iOxmH1WGHt adding the word “Open” to make a fucked up thing squishy and non-threatening is so 2012 — Ingrid Burrington (@lifewinning) December 14, 2015 In his ongoing effort to develop a more lifelike personality module, beloved Star Wars character Elon Musk, his droid sidekick Sama-2Polo, and their ragtag band of messianic libertarian billionaires have founded OpenAI, which would be easier to dismiss as the sci-fi hobby of a bunch of overprivileged net.boyz were it not for the distinct sensation that it’s only a couple more years until “waiting for the Singularity” becomes “making the Singularity happen whether you like it or not.” The group of supervillains have pledged a billion dollars to the cause, because it is the smallest number of dollars they are able to count. advertisement advertisement It’s the week before Christmas Eve Day Week and frankly either nothing much is going on or I just can’t … [Read more...] about Today In Tabs: Riddle Me This

Tribal groups across India have called for ‘Bharat Bandh’ on March 5 to protest a recent Supreme Court ruling which ordered the eviction of tribals and traditional forest dwellers from their natural habitat.Despite the top court staying the order until July 10, the tribals see the move as a temporary reprieve, fearing that the order will be overturned in the absence of a proper law.The tribal groups are now demanding that the Centre pass an ordinance to protect their rights. The apex court’s order is said to affect over 11 lakh tribals across 21 states.Close Let’s take a look at why the Supreme Court evicted tribals from their homes. related news CBI carries out searches at 13 locations in Rs 568.52 crore bank fraud 200 recommendations of Swaminathan report accepted by govt: Agri minister Believe Congress will take 'good decision' about leadership: Sachin Pilot What is the Supreme Court ruling?On February 21, a bench of Justices Arun Mishra, Navin … [Read more...] about Explained | Bharat Bandh on March 5: Why are over 11 lakh tribals across 21 states up in arms?