Artificial Intelligence (AI)-based chatbot ‘Eva’ — built for HDFC Bank by Bengaluru-based Senseforth AI Research — has successfully addressed over 2.7 million customer queries in six months to become the country’s largest banking chatbot. According to HDFC Bank, it collaborated with Senseforth and launched ‘EVA’ (Electronic Virtual Assistant) in March this year on its website www.hdfcbank.com. Since then, ‘Eva’ has interacted with over 530,000 unique users, holding 1.2 million conversations and addressing 2.7 million queries with ease.

Reliance Industries (RIL) was up 1% at Rs 1,650, extending its 6.6% surge in past five trading sessions on BSE, after the company fixed September 9 as the record date for 1:1 bonus issue. The stock will turn ex-bonus tomorrow on September 7.

The stock outperformed the market by gaining 7.7% from Rs 1,532 on August 28, as compared to 1% rise in the S&P BSE Sensex.

Ashok Leyland Defence Systems (ALDS), part of Hinduja Group flagship Ashok Leyland, has signed a Memorandum of Understanding (MoU) on cooperation with Rosoboronexport (ROE), Russia, and an Indian firm ELCOM Group, to provide tracked vehicle solutions to Indian armed forces.

Rosoboronexport (ROE), Russia, is the only state-run firm in Russia for export of an entire range of military products and technologies. ELCOM Group is a player in strategic electronics, avionics and tactical communication globally.

Mumbai: The rupee on Wednesday weakened for the fourth session to hit a three-week low against the US dollar after foreign institutional investors (FIIs) liquidated their investments in the domestic markets.

At 2pm, the rupee was trading at 64.17 a dollar, down 0.06% from its Tuesday’s close of 64.13. The rupee opened at 64.18 a dollar and touched a low of 64.26, a level last seen on 16 August.

Honda Motorcycles and Scooters India (HMSI), the country’s largest scooter manufacturer, has managed to increase its market share in the motorcycle segment to 17% in the April-August period of the current fiscal, compared with 13% in the corresponding period last year.

As a result the Japanese two-wheeler manufacturer has overtaken Bajaj Auto and TVS Motors in motorcycle sales to grab the second spot in terms of unit sales in states like Bihar, Jharkhand, Uttar Pradesh and Odisha.

Coal India (CIL) has drawn up an emergency plan to regulate coal movement to the non-power sector for pushing additional coal to the thermal power plants. In the long run, it plans to redefine its priorities much on the lines of the governance practiced in Central Coalfields (CCL). Redefining priorities has helped in complete transformation of this CIL subsidiary, both in terms of physical and financial parameters.

When it comes to securing data in the Cloud, enterprises, including small and medium businesses (SMBs), have to learn that security is not an isolated offering but an inherent part of the end-to-end architecture as they begin to adopt the ecosystem, a top Microsoft executive has reiterated. It is often said that there are only two types of companies — ones who know they have been hacked and the ones who don’t know that they have been hacked. “All of us have some level of exposure to malware and it is unintentional.

NEW DELHI: Indraprastha Gas (IGL), Indian Oil-Adani Gas combine and Hindustan Petroleum-Oil India joint venture are set to win licences to distribute gas in one city each in the latest round of auction, according to people with direct knowledge of the matter.

In the much delayed 8th round city gas bidding, licences for gas distribution in Karnal, Haryana is set to go to IGL.

India's aviation regulator DGCA has found 132 pilots and 434 cabin crew of state-owned Air India to have allegedly skipped the mandatory pre and post-flight alcohol test this year and they face the prospect of being grounded.

These crew members had regularly been "evading" the breath analyser (BA) test over a period of time for flights to and from certain destinations such as Singapore, Kuwait, Bangkok, Ahmedabad and Goa, sources close to the development told PTI today.

US President Donald Trump on Tuesday scrapped an Obama-era amnesty programme that granted work permits to immigrants who arrived in the country illegally as children, a move likely to impact 800,000 undocumented workers including more than 7,000 Indian-Americans.

"I am here today to announce that the programme known as DACA (Deferred Action for Children Arrival) that was effectuated under the Obama Administration is being rescinded," US Attorney General Jeff Sessions said.

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