June 2, 2017

News for the IET

No specific news for the IET todayedit

Scroll down for key industry stories for the day.

News for other PEI

No specific news for the PEIs todayedit

Scroll down for key industry stories for the day.

Industry News: Information and Communications

Artificial Intelligence ‘emerging piece by piece’ to build high-impact solutionsedit

The Hindu Business Line

Artificial Intelligence and machine learning appear to be playing out across the country, with brands relying on enormous amounts of data to provide solutions to some of the trickiest problems. What was once the domain of a few, is now available across industries, with several e-commerce giants and even start-ups using the latest technologies to build high-impact solutions.

Artificial Intelligence
Despite layoffs and automation, IT and blue collar jobs will get a boost in next 6 monthsedit

The Economic Times

By Shreeradha Basu and Rica Bhattacharyya

Even as stories of layoffs in large numbers in the IT sector grab headlines and automation continues its rapid inroads, search consultants and experts said the Indian job market in the next two quarters will look better despite pockets of negativity in certain sectors such as IT, startups, telecom and BPO.

IT Sector
M2M and GSM are indispensable for IoT-enabled rural developmentedit

ET Telecom

The Internet of Things (IoT), a leap from the prevalent technology allowing devices to communicate with each other, can deliver a wealth of benefits that can potentially change the way electricity is used by communities. IoT is already touted as the fourth industrial revolution.

 

IoTRural Development
The Evolution of Design: Making the Impossible a Realityedit

Business World

As the integration of equipment on the factory floor grows, more and more manufacturing companies are starting to think about Industry 4.0 – the new industrial revolution. Change is being driven across a range of industries thanks to automation, robotics, and the Internet of Things (IoT) – and manufacturing is no exception.

AutomationIoT

Industry News: Education

NIIT calls for reskilling staff to check IT job cutsedit

The New Indian Express

Amid fears of massive layoffs in the IT sectors, reskilling the existing employees is set to gain prominence, providing an opportunity of Rs 20,000 crore for the training and skilling industry, said Rahul Patwardhan, CEO of NIIT, a leading IT skilling and training company, speaking to Express here on Thursday.

Reskilling
Hit by IT job crisis, engineering colleges look at startups, non-IT cos for campus placementsedit

Money Control

The ongoing crisis in the information technology industry is forcing smaller engineering colleges and institutes relying on the sector for campus placements to look elsewhere. While some colleges are eyeing small or mid-sized tech companies, others are offering alternative skill development programmes to consider jobs outside the IT sector.

EngineeringSkill Development
IT layoffs: Mid-rung engineering colleges explore ways to skill talentedit

Business Standard

By Vinay Umarji

Amidst layoffs marking the IT industry, while top institutes are relatively immune, mid-rung engineering institutes are exploring ways to impart latest skills to students ahead of placements this year.

Skill Development

Uncategorized

With solar modules tax rates ratified to 5%, here lies the road aheadedit

Money Control

By Siddhesh Raut

While India’s power production capacity stands at 275 GW, the consumption capacity stands at 140 GW. The Niti Aayog report attributes the losses to factors such as coal supply shortage, high level of transmission and distribution losses, and poor financial health of utilities. This forces some utilities to avoid high costs by “simply not buying power, causing cost local shortages, rolling blackouts, and increase in fixed costs” according to the report.

Solar Energy
Tamil Nadu wafts to new wind power highedit

The Times of India

Along with solar power, the state on Tuesday consumed 105 million units of renewable power of a total of 313 million units. Since the commissioning of dedicated transmission lines as part of a green corridor project -from Kayathar in Tuticorin district to Kancheepuram and the western districts -wind power evacuation has increased. Wind power is available mostly in the evening and early morning.

Renewable Energy
About 17.5% power capacity in India is renewablesedit

DNA

By Ateeq Shaikh

With an increase in thrust towards renewable energy, about 17.5% of total power capacity in India is through green energy sources. In the years to come, the ratio is only going to rise, but investment remains among the top concerns for the increasing electricity generation from cleaner sources.

Renewable Energy
Democratising power for all: The decentralised renewable energy wayedit

Business Standard

A dramatic change in India’s power situation with a massive renewable energy capacity addition of almost 140 percent in a span of last five years has been making headlines in recent times. However, limited access to the power generated and lack of efficiency in delivering to the last mile make this achievement only half the battle won. Misleading definitions of electrification continue to cover up the grassroots situation of lack of enough power reaching households.

Renewable Energy
Cheaper Solar in India Prompts Rethink for Coal Projectsedit

Bloomberg Quint

India’s coal-power plant developers are growing more pessimistic about their projects after a plunge in the cost of electricity from solar panels improved the economics of renewable energy.

Renewable Energy
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