Top Management College in Kolkata | PGDM College in India Praxis

Turbocharging Innovation: Tax Cuts

In today’s fast-paced global economy, innovation reigns supreme as the engine of growth. Enter “Innovation Box” tax incentives, designed to turbocharge investment in R&D and intellectual property. But do they deliver the goods? Researchers are diving deep to uncover the real impact on investment and job creation. With governments racing to stay ahead, understanding these […]

Techno-Decade’s Challenges & Opportunities – Part I

It’s a new age, where shipping lines operate truck and rail infrastructure, a software company empowers creativity across industries, and global giants relocate their entire manufacturing to avoid geopolitical roadblocks   This is a brave new era — the Techno-Decade — where change is both a challenge and an opportunity. As we look at how […]

Revolutionizing Global Trade: The Rise of TradeTech

TradeTech’s success hinges on collaborative efforts between businesses and governments, adapting regulatory frameworks to new tech and providing incentives. International cooperation is crucial for navigating complex challenges like tax and tariff issues. It’s more than a tech revolution; TradeTech catalyses positive change, fostering innovation, inclusive growth, and a prosperous future.   In the bustling metropolis […]

Problem-Solving and Innovation: Fundamental pillarsof business studies – Part II

Equipping students with essential survival skills will allow business schools to play a pivotal role in preparing the next generation of business leaders who can thrive in a dynamic and competitive global marketplace. Read the concluding part   The relevance of problem-solving and innovation skills in business studies cannot be overstated. In Part1, we discussed […]

Human Element is Still the Key in Generative AI

Without human intervention, especially subject matter experts from the particular domain, a Generative AI model will simply be unable to create anything worthwhile   Very often people want to know the tool or chatbot used to generate a photograph or a painting. The underlying objective is that once the tool is known, they too could […]

The Promise and Pitfalls of Large Language Models in the Workplace

While costly and complex to develop, LLMs offer users the promise of performing language-based tasks with efficiency and scale previously limited to human capability. But are they truly the job-replacing titans some predict them to be?   Large Language Models (LLMs) today have emerged as a major technological breakthrough, propelling our abilities to generate text […]

The Delegation Dilemma of Leadership

Effective delegation requires a nuanced understanding of trust dynamics between individuals and organizational processes – emphasizing the need for leaders to carefully assess the level of trust in both people and processes   To delegate or not to delegate? When to delegate, when to control?How much to delegate and how much authority to hold back? […]

Problem-Solving and Innovation: Fundamental pillars of business studies – Part I

By integrating problem-solving and innovation into business studies, management institutions can cultivate a holistic skill set that empowers future professionals to navigate the complexities of the corporate world   In the dynamic landscape of modern business, success hinges not only on the ability to identify opportunities but also on adeptly navigating challenges. Problem-solving and innovation […]

Harnessing the Power of Large Language Models to Revolutionise Data Annotation

Contemporary LLMs possess exceptional language comprehension capabilities, contextual understanding, and text generation capacities that make them uniquely suited to take on data annotation tasks at unprecedented scale and speed   Data annotation is the labelling or tagging of raw data with relevant information, essential for improving the efficacy of machine learning models. The process, however, […]

AI and the Nexus of Innovation

AI’s evolution, Nvidia’s pivotal role in chip design, tech giants’ constant pursuit of custom chips– the quest for energy efficiency and sustainability in AI innovation continues, as does the pressing need for strategic investments and environmental stewardship   The landscape of artificial intelligence (AI) is a multifaceted terrain, brimming with a plethora of applications that […]