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Invite Friends   From the Editor's Desk How Machine Learning Pushes Us to Define Fairness Bias is machine learning's original sin. It's embedded in machine learning's essence: the system learns from data, and thus is prone to picking up the human biases that the data represents. For example, an ML hiring system trained on existing American employment is likely to "learn" that being a woman correlates poorly with being a CEO. Cleaning the data so thoroughly that the system will discover no hidden, pernicious correlations can be extraordinarily difficult. Even with the greatest of care, an ML system might find biased patterns so subtle and complex that they hide from the best-intentioned human attention. Hence the necessary current focus among computer scientists, policy makers, and anyone concerned with social justice on how to keep bias out of AI. Continued here Read TradeBriefs every day, for the top insight! Advertisers of the day Emeritus: Join the PG Diploma in Innovation & Design Thinking program Isha Leadership Academy: Join Sadhguru to Scale-up your Business and Yourself, Nov 27-30, 2019 Our advertisers help fund the daily operations of TradeBriefs. We request you to accept our promotional emails.     How Local Kirana Stores Are Building New Phase Of India's Financial Inclusion Journey In the latest report, it was revealed that India's financial inclusion efforts have not succeeded in bringing expected results yet Delhivery Looks At B2B Acquisitions To Grow Beyond Ecommerce Deliveries Delhivery is said to be in early-stage talks with Blue Dart Express and Gati, which have strong B2B plays with corporate tie-ups ShopClues: Tracing The Fall Of The One-Time Ecommerce Unicorn Does the downfall of ShopClues finally indicate that Indian ecommerce market has become a duolith? AI to help influence more than half of online advertisements by 2024 Will also help more disabled people acquire jobs End-user spending on public cloud services in India will grow 25% in 2020: Gartner  End-user spending on public cloud services in India is forecast to total $3.4 billion in 2020, a 25 per cent rise from 2019, and positioning India as No. 3. China and Indonesia will be the countries Sony Entertainment to get rid of Anu Malik? Sony Entertainment to get rid of Anu Malik?. Latest Bollywood News, Bollywood Celebrity News, Breaking News, Celeb News, Celebrities News at Bollywood Hungama.com Pakistani singer Rabi Pirzada, who threatened PM Modi, quits showbiz Pakistani singer Rabi Pirzada had in September tweeted a video where she was seen siting around snakes while threatening PM Narendra Modi after scrapping of Article 370 of the Indian Constitution that gave special status to the state of Jammu and Kashmir. Modern trade picking up pace, outshines traditional stores The modern trade landscape in India comprises both local and national brands "Won't Miss The Bus Again, Next Wave Of Reforms Soon": Nirmala Sitharaman Finance minister Nirmala Sitharaman on Tuesday said the government will soon use its strong electoral mandate to usher in the next wave of reforms, and not to miss the bus this time. Only 15% of the cases resolved under bankruptcy laws: Report Of the 2,542 cases admitted under IBC till date, 1,497 CIRPs or 59% of cases are still in court. Reskilling: Helping women employees return after a break We need to design reskilling opportunities and programs for women employees on a sabbatical to help them ease back into the workforce Govt Needs to Undertake Heavy Disinvestment Programmes to Revive Indian Economy: Ex-RBI Dy Guv Acharya Acharya said the reforms will help bring a new set of people into the middle class who can then push up consumption. GroupM shakeup, WPP embraces in-housing, Axios' big hire Good morning!Welcome to the Advertising and Media Insider newsletter. If you got this email forwarded, sign up for your own here. Send tips or feedback to DHFL fraud allegations: What happens to the over 1 lakh people who invested in FDs Infosys lays off thousands of mid, senior-level employees: Report Infosys' latest move is reportedly aimed at flattening the organisation structure by cutting the perceived flab at the mid and senior level. Flipkart launches 'MarQ TurboStream' streaming stick Flipkart today launched a streaming stick under its private brand 'MarQ by Flipkart starting at ₹3,499.The device comes with Full HD resolution of 1920 X 1080 at 60 frames per second; 1 GB DDR3 RAM, 8GB ROM and streaming support for 2.4 GHz and 5 GHz WiFi Streaming giants banking on India for next wave of growth Price of Apple TV+ proves just how much streaming companies covet this market Flipkart bought goods worth Rs 39k crore in FY19: Why it violates Indias FDI norms Instagram Shopping Isn't Entirely Ready For India And Here's Why While Instagram continues to look for new ways to monetize the platform, it has a number of challenges to overcome from an integrity and risk perspective before it takes over the online shopping universe. Govt Unveils Two IT Initiatives for Faster Clearance of Imported Goods Finance Minister Nirmala Sitharaman expressed optimism that both ICEDASH and ATITHI would be key drivers for further improvement especially as they reduce interface and increase transparency of customs functioning. Why private label banking apps and products are on the rise Business Insider Intelligence is launching its brand new Banking coverage in early September.To obtain a free preview of our Banking Briefing, please click DHFL cites lenders' advice to reject premature withdrawal of deposits Led by Union Bank of India, lenders are examining a draft resolution plan for DHFL.On 21 May, DHFL stopped accepting public deposits and renewing existing deposits Economy In Trouble But Markets At A High: Why The Divergence? Expecting prices to rise purely based on continuing inflows rather than robust intrinsic value does sound close to a Ponzi scheme. View: It's downright dangerous to equate banks and NBFCs This distinction is not just a matter of semantics, but a key pillar on which entire modern banking rests. End Of An Era As ICICI Bank Shutters Project Finance Division Once India’s premiere project finance institution, ICICI Bank has decided to discontinue that division.  Times Food Boardroom Kitchen: Video with Devendra Chawla, CEO, Spencer's Retail Check out this full fun-filled cooking session with Chef Aditya Bal and Mr Chawla to get to know his lighter side. Starting from a 500-sqft saree retail store to wholesaling, here's how Delhi-based Odhni records Rs 80 Cr turn Odhni was founded in 1999 as a saree retail store. Twenty years down the lane, the company deals in lehengas, gowns, suits, Indo-Western wear, and more, and records a turnover of Rs 80 crore. Concerns about Facebook's political ad policy brought to Zuckerberg's dinner table Steak, scallops and the future of American democracy were among the items on the menu at one of Mark Zuckerberg's homes on Monday night as the Facebook CEO hosted a dinner for American civil rights leaders. Iqbal Mirchi probe: Dheeraj Wadhawan joins ED probe Last month, ED had carried out raids at eight locations including DHFL headquarters in connection with the Rs 2,186 crore loan given by the NBFC to Sunblink Real Estate, a company under probe for its dealing with erstwhile gangster Iqbal Memon alias Iqbal Mirchi. Earlier based on EDs request, a look out circular (LoC) has been opened against, Wadhawan. Sports retailer Decathlon expands India business Since 2013 Decathlon has expanded its business tenfold in India. The sports brand opened its first cash-and-carry format and wholesale store in 2009 in India. It got approval for single-brand retailing in 2013 and changed its business model From advertising to lingerie to back again: Indian Bra Queen and her insatiable love for entrepreneurship Arpita Ganesh is now Co-founder of The Voice Company having sold her lingerie company Buttercups to CEK TExstyles to make it into an Amazon-only brand. Hear from the Indian Bra Queen. Immigrants from China and India can accelerate the green card process Securing a green card can feel overwhelming for people in Silicon Valley who were born in India and China. But with the right help and guidance from a skilled immigration attorney, the process can be simpler, smoother and more successful. Kohli's 31 commercial deals as the Brand's King turns 31 Sports Business News India: Run and record machine Virat Kohli has also become the undisputed king of Indian brand endorsement market. Neither the Khan’s of View: The most desirable development model for a country like India Here's a reminder: India should first focus on economic growth before it begins to focus on redistribution. Crying demand in India is to finance the unfinanced: V Vaidyanathan, IDFC First Bank Anybody who has burnt his fingers once in liquidity wont forget the past lessons. Promoter-investor ties are becoming stronger as each other's needs are getting clearer, says KKR India CEO Sanjay Nayar – Read the full interview here Get latest Finance online at cnbctv18.com SoftBank's Bad Bets Are A Sign That Private Equity Will Lead The Next Meltdown The next blow-up is going to be caused by a short, sharp revaluation in the balance sheets of private equity companies. Noida: 3C's director held over pending dues of Rs 100 crore Surpreet Suri was absconding ever since three recovery certificates (RCs) were issued against the realty group in 2018 and had stopped coming to the f.. Govt likely to refuse to waive $13 billion of telecom firms' dues: Report Govt won't back down from collecting $13 billion of past dues from debt-laden telecom carriers because the industry is not under stress, the report said.Govt expects the carriers to pay up within 90 days as ordered by the SC last month, an official said, asking not to be identified Yes Bank's asset-quality woes to continue: Report Emkay said that Yes Bank's fresh NPAs "were sky-high at Rs 59 billion", adding that the bank's "current aggression in retail without proper risk management systems in place could be risky." Bata India opens its largest experiential store outlet yet, in Mumbai Footwear retailer Bata India has opened a 6000sqft experiential outlet in Infiniti Mall, Malad. How New-Age Analytics Can Transform the Retail Industry? Retail brands can also leverage data-driven frameworks to gather relevant information regarding potential consumer bases across various geographies and devise their expansion strategies accordingly. Burger King India to file for Rs 1,000-crore IPO this week: Details here The issue will comprise a secondary share sale worth Rs 600 crore by private equity major Everstone Capital and fresh fundraising worth Rs 400 crore This mouthwatering video shows how a single Krispy Kreme store makes 50,000 donuts a day INSIDERYum.Krispy Kreme makes over 20 million donuts per year, and one shop in Burbank, California, makes over 50,000 donuts a day. To celebrate National Donut Automation Anywhere Acquires Bengaluru Startup Cathyos Labs In Talent Acquisition Deal Automation Anywhere, a robotic process automation (RPA) company announced the acquihire of Bengaluru-based Cathyos Labs What has gone wrong at Mothercare? Parents have fond feelings for the retailer but it has failed to adapt to their needs. First "Darbar Move" Since Bifurcation, Civil Secretariat Reopens In Jammu Amid tight security arrangements, the Civil Secretariat, which is the seat of Jammu and Kashmir government and other offices, reopened on Monday in Jammu after functioning for six months in Srinagar as part of the nearly 150-year-old practice locally known as ''Darbar Move''. IMF wants Indian government to be more credible, transparent on fiscal numbers India should be more transparent on fiscal numbers as it is a laggard among G20 peers on this front, said IMF. Check out these latest job openings in Advertising and Media India has millions of job seekers entering the workforce every year across hundreds of search engines. Every week, Business Insider collates some interesting In-depth: What do brand custodians bring to table as brand ambassadors? Promoters and CXO-level executives have more skin in the game when it comes to the overall performance of brands. But does the concept of brand custodians becoming brand faces in the campaign actually deliver or is it just a narcissistic approach? UAE can play vital role in Modi's vision of USD 5 trn economy, says official Participating in the inaugural session of Himachal Rising Global Investors' Meet at Dharamshala on Thursday, Albanna said, "The UAE is the third large.. Times may have changed but the 3 basic rules remain the same if you are buying a house No matter how distressed developers are, and no matter how reasonably priced apartments look in 2019 compared to 2008 or 2013, the three basic rules of buying a house are still relevant now. As long as savers keep this in mind, theyll be fine. Not Rs 25,000 cr, FM actually gave us a Rs 1,25,000 cr boost: Vishal Kampani The steps the government has taken will see changes very quickly on the economy in the next one year. Explained: Will govt's Rs 25,000 crore boost help revive ailing real estate sector? The government, SBI and LIC will pump in Rs 25,000 crore into a priority debt fund for completion of at least 1,600 stalled real estate projects in the country. Many Indians won't pledge their organs—they want them for their next lives Some would not donate organs to, or receive from, LGBTQ individuals. TradeBriefs Publications are read by over 10,00,000 Industry Executives About Us  |  Advertise Privacy Policy    Unsubscribe You are receiving this mail because of your subscription with TradeBriefs. Our mailing address is GF 25/39, West Patel Nagar, New Delhi 110008, India