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Business Standard

Sebi remains bullish on Reit market in India, says WTM Ashwani Bhatia

WTM Ashwani Bhatia says benchmarking to bring accuracy, efficiency, and more customers into its fold

The Economic Times

Combating counterfeit protein supplements: How genuine brands can lead the fight

The Indian protein supplement market faces challenges with nearly 70% of products containing incorrect information or harmful contaminants. The FSSAI has announced stricter regulations to ensure product safety and accuracy. Industry leaders emphasize the importance of transparency, quality control, and consumer education to combat counterfeit products and maintain trust.

The Economic Times

McDonald’s rolls out kiosks that take cash, pushing diners away from cashiers

McDonald's is advancing towards a future with minimal human cashiers by introducing new digital ordering stations in the US. These stations, which can handle cash transactions and provide change, aim to reduce reliance on cashiers. Although human workers will remain in roles like food delivery and customer service, the new setup encourages customers to use kiosks or mobile apps, thus speeding up service and improving accuracy.

The Economic Times

AI tool achieves 94% accuracy in telling apart fake from real research papers

For developing the AI-based algorithm, the researchers developed two distinct datasets. One of them contained almost 4,000 scientific articles taken from PubMed, an open database housing biomedical and life sciences research papers and maintained by the US National Institutes of Health.

The Economic Times

New platform to help auditors, banks verify key company information online

From next month, companies will be encouraged to allow banks and auditors to upload information on funds and borrowings to a new online platform by the National e-Governance Services. This change is poised to reduce risks of number tampering and increase audit accuracy, while keeping data confidential.

Business Standard

USFDA pulls up Eugia for manufacturing lapses at its Telangana plant

The US health regulator has pulled up Aurobindo Pharma's subsidiary Eugia for manufacturing lapses at its Telangana-based plant. In a warning letter to Eugia Pharma Specialities CEO Yugandhar Puvvala, the US Food and Drug Administration (USFDA) pointed out that the company failed to ensure the accuracy of data for production and process simulation. "Your firm failed to ensure that laboratory records included complete data derived from all tests necessary to ensure compliance with established specifications and standards," USFDA stated. The US health regulator said it inspected the Patancheru (Mandal), Sangareddy, Hyderabad-based plant from January 22 to February 2, 2024. "You failed to ensure the accuracy of data in records for both production and process simulations (media fills)," USFDA noted. Besides, the operators also falsified environmental monitoring records for the multiple aseptic filling lines, including for viable active air samples and non-viable particle counts which

The Economic Times

USFDA pulls up Eugia for manufacturing lapses, data accuracy at Hyderabad plant

The US Food and Drug Administration (USFDA) has issued a warning letter to Eugia Pharma Specialities, a subsidiary of Aurobindo Pharma, citing significant manufacturing issues at its Telangana plant. The USFDA's inspection from January 22 to February 2, 2024, revealed problems including inaccurate production and process simulation data, falsified environmental monitoring records, and incomplete batch production and control records.

Mint

Ola's navigation map: MapmyIndia CEO Rohan Verma dismisses claims as ‘announcements, gimmicks,’ raises quality concerns

A war of words has erupted between MapmyIndia and Ola over the latter's claims of developing a new navigation map for India. MapmyIndia CEO Rohan Verma has openly questioned the legitimacy of Ola's announcement, calling it a gimmick and raising concerns about its quality and accuracy.

Business Standard

ABB technology selected by Mahindra & Mahindra for new EV paint facility

Mahindra & Mahindra (M&M) has selected ABB's PixelPaint technology for its new electric vehicle paint facility, ABB said on Wednesday. The deployment of the technology also includes 42 robots from the IRB 5500 family making M&M the first OEM in India to use PixelPaint technology for the painting of contrasting roofs and pillars, ABB said. PixelPaint consists of a paint head with more than 1,000 tiny, individually controlled nozzles, mounted on an ABB robot, the company said in a statement. "Our PixelPaint technology can apply large areas of uniform color as well as the tiniest details with complete accuracy, without delaying the production line or the need for manual intervention," said Joerg Reger, Managing Director of ABB Robotics Automotive Business Line. "By deploying PixelPaint-equipped robots in dedicated cells, Mahindra's paint shop will be able to apply finishes such as contrasting roof and pillar treatments on its new line of EVs in a completely automated ...

Business Standard

Google adds Tulu to its translation services, community says 'great honour'

In a significant stride towards preserving and promoting regional languages, Google has added Tulu to its translation services. Tulu joins 110 new languages on Google Translate from June 27, marking a historic moment for the millions of people who speak this language. This addition allows users to easily translate Tulu words and phrases, enhancing the accessibility and understanding of this cherished language. The Tulu-speaking community, which has long sought greater recognition for their language, is celebrating this achievement as a major honour, especially since Tulu is not officially recognised in the Eighth Schedule of the Indian Constitution. While the initial translations for Tulu on Google Translate may contain some errors, the system is expected to improve over time. Users are encouraged to provide accurate translations in the feedback section to help refine and enhance the service's accuracy. Google's inclusion of Tulu leverages advanced Natural Language Processing (NLP)

The Economic Times

US Treasury finalizes new crypto tax reporting rules

The new tax reporting requirements for crypto brokers aim to improve accuracy, ensuring that crypto owners pay the tax owed on digital asset transactions. The rules will help simplify reporting and may lead to additional IRS regulations for non-custodial brokers in the future.

Business Standard

Centre looks to standardise breath analyser equipment to ensure accuracy

The new set of rules provides for various types of tests to ensure the correctness of the instrument