logo
CSITM Hosts Book Launch for ‘AI for Managers' at AI Bootcamp for Business Leaders

CSITM Hosts Book Launch for ‘AI for Managers' at AI Bootcamp for Business Leaders

Hans India26-05-2025
Bengaluru: The Centre for Software and IT Management (CSITM) at IIM Bangalore hosted the launch of AI for Managers by former faculty Prof. Rahul Dé, during a day-long AI Bootcamp for Business Managers on 24 May. The event featured thought leaders including Dr. Rohini Srivathsa, CTO, Microsoft India & South Asia; Prof. Rishikesha T. Krishnan, Director, IIMB; and Prof. Sourav Mukherji, Dean, Alumni Relations & Development.
Prof. Dé's book is a culmination of decades of research on AI in management, inspired by his early work under Nobel Laureate Herbert Simon. Designed for non-technical professionals, the book offers a low-math, low-code guide to AI, covering digital transformation, machine learning, NLP, reinforcement learning, and responsible AI. 'My aim was to empower managers to think critically about AI's role in business and society,' said Prof. Dé.
Panelists discussed the strategic shift in enterprise AI. Dr. Srivathsa emphasized that 'AI is now a general-purpose technology, not just a tool,' highlighting archetypes such as generative AI for employee engagement and innovation-driven product development.
Prof. Krishnan stressed AI's growing role in business education: 'MBA students are now expected to possess substantial AI literacy.'
The bootcamp, led by tech veteran Sunil Mishra, featured sessions on AI fundamentals, GenAI tools, LLMs, agentic AI, and ethical considerations. Attendees included professionals from sectors like aerospace, fintech, healthcare, and cybersecurity.
Through hands-on exercises, participants created AI-powered tools such as HR agents and stock analysts. The bootcamp reinforced the urgent need for businesses and individuals to adapt to AI's accelerating influence on decision-making, workflows, and the future of work.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Samsung Chip Arm Logs Big Profit Miss in Sign of Widening Crisis
Samsung Chip Arm Logs Big Profit Miss in Sign of Widening Crisis

Mint

timean hour ago

  • Mint

Samsung Chip Arm Logs Big Profit Miss in Sign of Widening Crisis

(Bloomberg) -- Samsung Electronics Co.'s semiconductor division reported profit that fell far short of expectations, reflecting a deepening crisis at the world's largest memory chipmaker. The pivotal unit reported operating profit of 400 billion won ($288 million) for the June quarter versus analysts' average projection for 2.73 trillion won, hurt by US export controls on high-bandwidth memory chips and losses at its foundry arm. South Korea's largest company, which gave grim preliminary operating profit and revenue numbers earlier in July, said on Thursday net income came to 4.93 trillion won, missing the analysts' estimate of 6.37 trillion won. Profit fell after Samsung's foundry arm, which relies in part on Chinese demand, booked a one-time inventory cost as export controls led to unsold AI chips. Usage rates also fell. The profit decline was despite solid demand for high-end memory products for servers, it said. Operating losses at its foundry unit are expected to narrow in the second half of the year on a gradual recovery in demand, the company said. Samsung's underwhelming quarterly report comes after the company won a $16.5 billion contract from Tesla Inc. to produce AI chips at an upcoming plant in Taylor, Texas. Its stock is up 10% since news about the agreement broke on Monday, bringing Samsung's gains in July to over 20% and putting the stock on track for its best month in more than four years. Samsung has been stepping up spending on research and development and front-end capacity in its efforts to catch up with SK Hynix Inc. and Micron Technology Inc. in AI memory chips. At the same time, it's been trying to win orders from large customers like Tesla to revive its ailing foundry division where operating rates have plunged. A successful implementation of the multi-year deal with Tesla would improve Samsung's prospects for winning more clients and validate its technology for 2-nanometer mass production. Investors are also looking for clues as to whether Samsung will benefit from Nvidia Corp.'s resumption of sales of its H20 AI chips to China. The Korean memory maker's less advanced HBM3 has been used alongside H20 chips in the past. Samsung has slowed completion of its Taylor plant, which now is scheduled to start operating in 2026. The company's struggled to win large customers away from the world's biggest contract chipmaker Taiwan Semiconductor Manufacturing Co., which has begun production in Arizona and is ramping up capacity in the US. Investors remain concerned about Samsung's ability to claw its way into the market for cutting-edge HBM chips, now dominated by SK Hynix. Samsung has struggled to get its latest products certified by Nvidia — providing an unusually long window for SK Hynix to carve out commanding leads in the booming AI memory market. --With assistance from Mark Anderson. More stories like this are available on

DGCA audit of 8 airlines finds 263 lapses in 1 year
DGCA audit of 8 airlines finds 263 lapses in 1 year

Time of India

time4 hours ago

  • Time of India

DGCA audit of 8 airlines finds 263 lapses in 1 year

NEW DELHI: The Directorate General of Civil Aviation (DGCA) Wednesday said it has had 263 'findings' (lapses found during audits) across eight airlines in the last one year. Among big airlines, 51 'findings' were at Air India, followed by 25 at Air India Express and 23 at IndiGo. Of the total 263, 19 were level one or significant 'findings', detected at erstwhile Vistara, AI and AI Express. The remaining 244 were level 2 or other non-compliances, with the small state-owned Alliance Airlines - which flies a handful of planes, with a large part of its fleet currently grounded - leading with 57 'findings'. In a statement shared along with this data, the DGCA, however, said: "A higher number of audit findings is entirely normal for airlines with extensive operations and large fleet sizes. The quantum and scale of their activities mean that such observations reflect the breadth and depth of their operations rather than any unusual lapse. Globally, aviation regulators routinely encounter similar patterns with major carriers due to the diversity and intensity of their undertakings. " The DGCA statement came a day after reports that its audit of Air India between July 1 and 4 had found around 100 safety violations. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Test Test Tabbola Undo Agency reports said the violations included seven level 1 or significant breaches that require correction by July 30, and 44 other non-compliances that need to be resolved by Aug 23. AI, on its part, said it was "fully transparent" during the audit and will respond to the regulator in the stipulated timeframe along with "details of corrective action taken". The aviation regulator says it conducts audits as part of its continuous oversight responsibilities. "Based on the International Civil Aviation Organisation (ICAO) requirements and global best practices, these audits are needed to enhance the safety of operations and ensure compliance, and continuous improvement across all facets of airline operations. These audits findings aid in areas requiring improvement. This is as per annual surveillance plan under safety oversight programme," the aviation regulator in a statement added. Upon completion of each audit, the airline concerned is formally notified and is required to submit timely compliance and corrective action taken reports. The DGCA closely monitors these responses and ensures that all necessary measures are taken to maintain and enhance safety standards, the DGCA statement said. Stay informed with the latest business news, updates on bank holidays and public holidays . Discover stories of India's leading eco-innovators at Ecopreneur Honours 2025

Happiest Minds revenue up 17.5% YoY
Happiest Minds revenue up 17.5% YoY

Time of India

time7 hours ago

  • Time of India

Happiest Minds revenue up 17.5% YoY

Bengaluru: Happiest Minds' revenue grew 2.3% sequentially and 17.5% year-on-year in constant currency, despite macroeconomic uncertainties and a cautious approach to spending by clients. Ashok Soota, chairman and chief mentor, said, "Our strong start to Q1 FY26 underscores the continued confidence our customers place in us and the impact of our differentiated digital capabilities. With a sharp focus on mindful execution, customer-centricity, and technology leadership, we are well-positioned to sustain double-digit growth for the year and have laid a foundation for achieving three consecutive years of double-digit growth." Despite these changes, the company remains optimistic about demand prospects in the second half. "Our growth is entirely organic," said MD Venkatraman Narayanan. He reaffirmed the margin guidance of 17%–18.5%, adding, "We are in a good place right now." Amid ongoing churn in the IT services sector, Happiest Minds' headcount declined by 109 to 6,523 employees, due to a combination of layoffs and voluntary attrition. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Mini House for 60 sqm for Seniors with Toilet and Bath (Price May Surprise You) Pre Fabricated Homes | Search Ads Search Now Undo "People who haven't been deployed for long and show no alignment with evolving skill needs often exit through a mutually agreed transition," Narayanan said. Happiest Minds' attrition rose to 18.2% in the June quarter compared to 16.6% in the preceding quarter. "We're getting more revenue with a lower headcount. We're leveraging automation tools across our engineering lifecycle—be it Copilot, Gemini, or others. You Can Also Check: Bengaluru AQI | Weather in Bengaluru | Bank Holidays in Bengaluru | Public Holidays in Bengaluru These tools are seen as augmenting the team's efforts, enabling them to focus on higher-value tasks, propose new features, explore innovative approaches, and accelerate the product roadmap," said its chairman, Joseph Anantharaju. The drive for higher productivity comes as the company gains momentum in its GenAI-led business services unit, which has now reached break-even. According to executives, AI-driven projects are fuelling demand across areas like data integration, UI/UX, and digital transformation—necessitating new skill sets. When it comes to hiring freshers, the company is steering clear of large-scale campus recruitment this year. Instead, it is pursuing targeted off-campus hiring aligned with business needs, particularly for roles in embedded systems and hardware-related roles. "We want freshers to come in with specific skills from day one," Anantharaju said. While hikes are on the cards, Narayanan acknowledged they are still being deliberated and will be rolled out in a phased, segment-wise manner later this quarter.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store