Tata Motors' Demerge, Blinkit-Zepto in Fashion, AI in BPO Jobs, Govt. AI Advisory

Author

Vaishali Sharma
March 05, 2024

Tata Motors' Bold Move: Demerging to Capitalize on Autonomous and Electric Vehicle Synergies

  • Tata Motors to split into two entities: one focusing on commercial vehicles (CV) and the other on passenger vehicles (PV), including EVs and JLR.

  • The demerger, building on the 2022 subsidiarisation, aims for greater strategic focus and operational agility across units.

  • Shareholders will maintain equal stakes in both new entities, with the demerger process expected to last 12-15 months.

  • Endorsed by Tata Sons Chairman N Chandrasekaran, the restructure is designed to enhance market opportunity capitalization, customer experience, and shareholder value.

  • The initiative seeks to leverage synergies in EVs and autonomous technologies without impacting employees or business partners.

Zepto and Blinkit's Strategy Shift: A New Era in Indian E-commerce

  • Zepto and Blinkit expand into fashion, electronics, and more, aiming to challenge e-commerce giants and local stores.

  • Zepto hits $1 billion in sales, marking significant growth as a quick commerce leader.

  • Both platforms to broaden their inventory with over 10,000 SKUs to meet increasing consumer demands.

  • Strategic partnerships with brands like Adidas and Jockey signal their entry into the fashion sector.

  • Enhanced logistics to support the delivery of a diverse product range, underlining a shift towards a broader e-commerce model.

AI Disruption in BPO: Navigating the Future of Process-Oriented Jobs - Nasscom chairman

  • BPO employees face high risk of AI replacement.

  • Software services sector less vulnerable to AI disruption.

  • BPM industry has evolved but still faces AI threats.

  • Importance of integrating AI into professional skill sets.

  • Generative AI to impact white-collar jobs significantly.

  • Short-term overhype vs. long-term underestimation of AI's impact.

  • Generative AI as a potential equalizer in the tech industry.

 Govt's AI advisory only for large platforms, not for startups: Ashwini Vaishnaw

  • Target Audience: The advisory specifically targets large AI platforms, exempting startups.

  • Objective: To prevent untested AI platforms from deploying on the Indian internet.

  • Requirements: Large platforms must seek government permission and disclose to users if their platforms are under testing.

  • Consumer Protection: The measures are described as an "insurance policy" against potential lawsuits from consumers.

  • Regulatory Compliance: AI platforms are required to label any under-testing platforms and ensure no biases affect the electoral process.

  • Reporting Requirement: Platforms must submit an action-taken cum status report within 15 days.

  • Industry Response: India's first AI unicorn, Ola Krutrim, commits to adhering to the guidelines.

Briefs, You Can’t Miss:

  1. Ola Electric's Special Promotions for S1X, S1 Air, and S1 Pro Extended to March 31.

  2. Google Issues Apology for Modi-Related Gemini Search Outcome.

  3. Kashmir and Northeast to Benefit from India's Rs 41,000 Crore Natural Gas Network Investment.

  4. India's Growing Concern: 12 Million+ Children Facing Obesity, According to Lancet Report.

  5. Sony Pictures Reinvests in Football: Renews UEFA Leagues Rights for $40 Million.

  6. Svatantra Microfin, Led by Ananya Birla, Lands Record Rs 1,930 Crore Investment from Advent International, Multiples.

  7. Tomorrow's the Day: China’s BYD to Debut Its High-End Electric Sedan, Seal, in India.

World Briefs

  • BlackRock and Morgan Stanley Acquire TC Energy's Gas Pipeline for $1.14 Billion in Strategic Move.

  • Apple fined €1.84BN in EU over anti-steering on iOS music streaming market.

AI Briefs

  • India reverses AI stance, requires government approval for model launches.

  • The Geological Survey of India employs artificial intelligence and machine learning techniques in mineral exploration.