<img class="gwt-Image" src="/photo/56529245.cms" />Newly appointed <keyword id="46894" type="PERSON" weightage="100" keywordseo="Tata-Sons">Tata Sons</keyword> Chairman N Chandrasekaran has written a letter to <keyword id="6357150" type="CITY" weightage="100" keywordseo="TCS">TCS</keyword> employees after <keyword id="393926" type="UNKNOWN" weightage="20" keywordseo="Rata-Tata">Rata Tata</keyword> had tweeted about <keyword id="791067" type="PERSON" weightage="20" keywordseo="Chandrashekaran">Chandrashekaran</keyword> new position at Tata and how Tata is certain that Chandrashekaran will take <keyword id="6355725" type="CITY" weightage="20" keywordseo="Tata-Group">Tata group</keyword> to new heights. Chandrashekaran in his letter stated TCS’ best years lie ahead. 
 
Here is the full text of the letter: 
 
Dear TCSers, 
 
While you are likely to have learnt from the press and media, I wanted to write to you personally to share news of my elevation as the Chairman of Tata Sons, the parent company of the Tata Group of which TCS is a part. 
 
The Board of TCS has appointed a new management team headed by Rajesh Gopinathan, who will succeed me as the CEO and Managing Director of TCS. As you know, Rajesh is a 16¬year veteran of TCS and has been a long¬standing member of my management team, worked very closely with me in formulating and executing the company strategy, starting from the E¬Business Practice, moving up to Head, Business Finance and then over the last 4 years as the CFO of TCS. He has led our internal financial transformation over the years. 
 
Rajesh will be supported by N. Ganapathy Subramaniam as the President &amp; Chief Operating Officer and a very able executive team of senior leaders and Presidents, all of whom are part of my current management team and well known to you. NGS as all of you know, is a 35¬year veteran of TCS starting as a trainee and having handled responsibilities across the spectrum of our business. Apart from having managed the Bangalore Delivery Center and stints in North America and Europe, NGS has been a pillar of our BFS business—from the iconic SEGA/INTERSETTLE and Quartz back in the 90’s to the TCS Financial Solutions business over the last decade and more. 
Despite the outstanding successes achieved thus far, I strongly believe that TCS’ best years lie ahead. I have every confidence that the new management team will take TCS to the next levels of our aspirations. 
 
TCS is the only company I have worked for all my life so far, and I am very proud of being a TCSer. I have enjoyed every one of the 31+ incredible years I have spent with the company. The successes TCS and I have enjoyed during this period would not have been possible without the amazing support from all of you–my colleagues. 
 
I look forward to continuing my association with TCS–and in turn with all of you–in my new capacity as the Chairman. 
 
With my very best wishes &amp; warm regards, 
Chandra

Letter by Tata Sons’ new Chairman N Chandrasekaran to TCs employees

New Delhi, May 12 () IIT Delhi's low-cost COVID-19 testing kit will be produced by a Bengaluru-based biotechnology firm and is expected to be available by the first week of June, according to officials. The large scale assembly and manufacturing of the kits by Genei Laboratories will be carried out at a facility exclusively set up for COVID-19 testing kits at the Andhra Pradesh MedTech Zone (AMTZ) in Visakhapatnam. "Genei Laboratories is one of the companies which has received the non exclusive license from IIT Delhi for the Probe free RT-PCR based COVID-19 low cost test kit," Indian Institute of Technology Delhi Director V Ramgopal Rao said. IIT Delhi, which has become the first academic institute to develop a COVID-19 testing method, is planning to give non-exclusive open licence to companies for commercialising the test, but with a price rider. While the institute has kept a price rider of Rs 500 per kit, Genei Laboratories has not announced the price yet. "We are delighted to enter into a partnership with IIT Delhi for further development and commercialization of this unique detection assay for COVID-19," Genei Laboratories Managing Director S Chandrashekaran said. "Using their unique technology and our expertise in reagent and kit-making, we will ensure an accurate, affordable, Make-in-India kit for the diagnosis of Sars-CoV2," Chandrashekaran said. "Further, Genei Laboratories expects to manufacture the most affordable real time PCR testing Kits for COVID19 in India," he said. "The final kit will have two variants and is expected to be rolled out of AMTZ campus by June 1st week of 2020." The company is among the 40 companies to have reached out to the institute after it got an approval from the Indian Council of Medical Research for the test based on a real-time PCR-based diagnostic assay. According to the team, the current testing methods available are "probe-based", while the one developed by IIT Delhi is a "probe-free" method, which reduces the testing cost without compromising on accuracy. Using comparative sequence analyses, the IIT Delhi team identified unique regions (short stretches of RNA sequences) in the COVID-19 and SARS COV-2 genome. The death toll due to the COVID-19 pandemic rose to 2,293 and the number of cases climbed to 70,756 in the country on Tuesday, registering an increase of 87 fatalities and 3,604 cases in the last 24 hours, the Union Health Ministry said. GJSHMB

Bengaluru firm to produce IIT Delhi's COVID-19 testing kit

<ul><li>The <keyword id="49488" type="ORGANIZATION" weightage="20" keywordseo="Lucknow-police">Lucknow police</keyword> are installing cameras with <keyword id="447510" type="TECHNOLOGY" weightage="20" keywordseo="facial-recognition-technology">facial recognition technology</keyword>, powered by <keyword id="107950" type="TECHNOLOGY" weightage="20" keywordseo="artificial-intelligence">artificial intelligence</keyword> (AI), in prominent harassment hotspots.</li><li>The cameras will gauge whether a woman is in distress based on her facial expression and send an alert to the police.</li><li>Anita Gurumurthy, founding member and executive director of IT for Change, called the idea “both absurd and undemocratic.”</li></ul> The <keyword id="6355192" type="COMPANY" weightage="20" keywordseo="Lucknow">Lucknow</keyword> police seem to be dead serious about attempting to provide women with a sense of security, whether they want it or not. And, experts say, it is testing the fine line between safety measures and a person’s right to privacy. Under the <keyword id="6357713" type="COMPANY" weightage="20" keywordseo="Uttar-Pradesh">Uttar Pradesh</keyword> government's Mission Shakti programme, Lucknow police are <a href="https://timesofindia.indiatimes.com/city/lucknow/smart-cams-to-read-expressions-of-women-in-distress-alert-cops/articleshow/80375401.cms" data-type="tilCustomLink" target="_blank">installing cameras</a> equipped with facial recognition technology, powered by artificial intelligence (AI), that will gauge whether a woman is in distress based on her facial expression and send an alert to the police, even before she or anyone else can call the police for help. <div type="image" title="Dhruva Kant Thakur" msid="80422715" hostid="261" caption="&amp;lt;p&amp;gt;Dhruva Kant Thakur, the police commissioner of Lucknow, asserted that around 200 &amp;#39;hotspots&amp;#39; in Lucknow had been identified from where the most amount of complaints of harassment has been lodged, and the programme will be piloted by placing these special cameras in five of these locations.&amp;lt;/p&amp;gt;"></div> While the idea may seem well-intended at first, most experts consider this surveillance programme precarious. Sumathi Chandrashekaran, a policy lawyer, based in New Delhi, sums it up as follows. "This policy proposal is laughable and problematic in so many multiple dimensions, that it is hard to parse it into a coherent argument,” she told Business Insider. But do Lakhnawis care? <div type="image" title="Lucknow market" msid="80422279" hostid="261" caption="&amp;lt;p&amp;gt;Representative image.&amp;lt;/p&amp;gt;"></div> Some locals of Lucknow do not see the inherent threat in this proposal. Vasudha, a long-time Lucknow resident, is taking heart from the fact that instead of the police monitoring her moves, it will be technology doing so. "Going forward it seems that it's not something we can run away from, but proper and full information is a key. I too got scared seeing the news but after talking to my husband, I realised we use AI every day in our lives anyway and it's not that scary. We just need to know where to draw the line as an informed consumer/citizen," she said. First up: Indian cops do not have a great track record in surveillance Anita Gurumurthy, founding member and executive director of IT for Change, called the idea “both absurd and undemocratic.” And she has her reasons. She cited the example of how cameras in metro trains have been instruments of voyeurism with law enforcers violating the privacy and dignity of women commuters. <div type="image" title="Anita Gurumurthy" msid="80423110" hostid="261" caption="&amp;lt;p&amp;gt;&amp;quot;These cameras are not likely to enable gender-responsive, victim-centric and rights-oriented policing, assuming the remote possibility that the distress captured is a real case and the response cycle agile enough.&amp;quot;&amp;lt;/p&amp;gt;"></div> Secondly, the technology is untested, unproven “There are ethical concerns that need democratic deliberation because the AI does not discern the difference between socially meaningful ends and socially repressive and harmful ones,” Gurumurthy added. There are other practical problems for the cops as well. “In a situation wherein two women who are friends are having a heated conversation, an alert generated would only lead to unnecessary harassment by the police. If only certain alerts are responded to, the question that arises is who is making the decision about which alerts to respond to,” explained Anushka Jain, Associate Counsel (Transparency &amp; Right to Information) at the Internet Freedom Foundation. <div type="image" title="Anushka Jain" msid="80422387" hostid="261" caption="&amp;lt;p&amp;gt;&amp;quot;Misuse of this system is a very real problem that could arise wherein the women face harassment from the police itself or certain areas of the city being overpoliced.&amp;quot;&amp;lt;/p&amp;gt;"></div> Not just that, Jain raised many pertinent questions, like: <ol><li>How and where will the data be stored?</li><li>Who will have access to the data and who will approve this access?</li><li>Who will be accountable for the misuse of information?</li><li>What if women get harassed by the police itself?</li></ol>“To ensure security in high crime areas, the simple solution would be to install more police personnel there. Installation of these cameras and the subsequent constant surveillance will only lead to more harm than benefits," said Jain. ‘The proposal to use facial recognition tech in this manner is legally untenable’ Chandrasekharan contends that technology is not foolproof. ‘Has the AI algorithm been tested for failures, biases, and the numerous other issues it will likely have?” she asked, highlighting that the policy strikes at the heart of the individual right to privacy. “Any act of surveillance has to pass through hoops of tests under law before it can be deemed a legitimate exercise,” she said. <div type="image" title="Sumathi Chandrashekaran" msid="80422345" hostid="261" caption="&amp;lt;p&amp;gt;&amp;quot;The presumptions underlying the deployment of the tech are fundamentally flawed: it reinforces classic stereotypes of women as victims and in need of protection, and tackles the act of sexual harassment post facto.&amp;quot; &amp;lt;/p&amp;gt;"></div> According to Chandrasekharan, if this kind of surveillance receives sanction, nothing prevents the state from invading our private spaces, like homes, more flagrantly, purportedly to "protect" us from becoming victims. “Actions like these are fundamentally opposed to democratic principles, and thus, untenable," she said. SEE ALSO: <a href="https://www.businessinsider.in/stock-market/news/heres-how-indians-are-buying-tesla-facebook-and-apple-shares-through-brokerage-startups/articleshow/80403004.cms" data-type="tilCustomLink" target="_blank">Here’s how Indians are buying Tesla, Facebook, and Apple shares through brokerage startups</a> <a href="https://www.businessinsider.in/policy/economy/news/recession-in-india-will-end-latest-by-march-says-a-top-economist/articleshow/80399198.cms">Recession in India will end latest by March, says a top economist</a> <a href="https://www.businessinsider.in/budget/news/do-not-panic-when-finance-minister-nirmala-sitharaman-reads-out-the-revised-estimates/articleshow/80400869.cms">Do not panic when Finance Minister Nirmala Sitharaman reads out the revised estimates</a>

A scary proposal to use facial recognition and AI by an Indian state has experts fuming

New Delhi, Dec 18 () The NCLAT on Wednesday Tata Sons chairman Cyrus Mistry's plea challenging his removal from the post.

The following is the chronology of the developments that took place in the Tata-Mistry case before the National Company Law Appellate Tribunal (NCLAT) and Mumbai-bench of National Company Law Tribunal (NCLT).

October 24, 2016: Cyrus Mistry ousted as Tata Sons chairman, Ratan Tata named as an interim Chairman of the group.

December 20, 2016 : Two Mistry family backed investment firms, Cyrus Investments Pvt Ltd and Sterling Investments Corporation Pvt Ltd, move the NCLT Mumbai, alleging oppression of minority shareholders and mismanagement by Tata Sons. They also challenged Mistry's removal.

January 12, 2017 : Tata Sons names N Chandrashekaran as Chairman, the then TCS Chief Executive Officer and Managing Director.

February 6, 2017 : Mistry removed as a director on the board of Tata Sons, holding company of Tata group firms.

March 6, 2017 : NCLT Mumbai sets aside plea of the two investment firms of Mistry family over maintainability issue, citing they didn't meet the criteria 10 per cent ownership in a company for the filing of a case of alleged oppression of minority shareholders under the Companies Act.

The Mistry family owns 18.4 per cent stake in the closely-held Tata Sons but the holding is less than 3 per cent if preferential shares are excluded.

 
April 17, 2017: NCLT Mumbai also rejects plea by the two investment firm's plea seeking waiver in the criteria of having at least 10 per cent ownership in a company for filing case of alleged oppression of minority shareholders.

April 27, 2017: The investment firms move the NCLAT, challenging NCLT order which rejected their petitions over maintainability. They also challenged rejection of their waiver plea.

September 21, 2017: NCLAT allows pleas by the two investment firms seeking waiver in filing case of oppression and mismanagement against Tata Sons. It, however, dismissed Mistry's other petition on maintainability saying the firms do not have more than 10 per cent in Tata Sons.

The appellate tribunal directs the Mumbai-bench of the NCLT to issue notice and proceed in the matter.

October 5, 2017: Two investment firms approach the principal bench of NCLT at Delhi, seeking transfer of the matter from Mumbai to Delhi citing likelihood of bias. 

The principal bench reserves order on the plea of the two investment firms.

October 6, 2017: The Principal bench of NCLT dismisses the pleas and imposed a cost of Rs 10 lakh on the two investment firms, which was to be shared by both.

July 9, 2018: NCLT Mumbai dismisses pleas of Mistry challenging his removal as Tata Sons chairman as also the allegations of rampant misconduct on part of Ratan Tata and the company's Board. NCLT said it found no merit in his allegations of mismanagement in Tata group firms.

August 3, 2018: The two investment firms approach the NCLAT against the order of the NCLT dismissing his plea challenging his removal as chairman of the company.

August 29, 2019: The NCLAT admits petition filed by Cyrus Mistry in his personal capacity and decided to hear along with the main petitions filed by the two investment firms.

May 23, 2019 : The NCLAT reserves its order after completing the hearing in the matter.

December 18, 2019 : The NCLAT restores Mistry as executive chairman of Tata Sons, but suspended its implementation for four weeks in order to provide time for Tatas to appeal.  KRH  RKL BAL
BAL

Chronology of events in Tata-Mistry fight before NCLT, NCLAT

<img class="gwt-Image" src="/photo/55038565.cms" /> After assuring employees of the <keyword id="6355725" type="CITY" weightage="20" keywordseo="Tata-Group">Tata Group</keyword> about the removal of Cyrus Mistry and returning to the helm as interim chairman, <keyword id="6360722" type="PERSON" weightage="100" keywordseo="ratan-tata">Ratan Tata</keyword> has written to the Prime Minister <keyword id="6354477" type="PERSON" weightage="100" keywordseo="Narendra-Modi">Narendra Modi</keyword> informing him about the removal of Cyrus Mistry as a chairman of <keyword id="46894" type="PERSON" weightage="100" keywordseo="Tata-Sons">Tata Sons</keyword> with immediate effect. "A new management structure is being put in place and a Selection Committee has been constituted to identify the next chairman of Tata Sons," Mr Tata informed PM <keyword id="6354642" type="PERSON" weightage="20" keywordseo="Modi">Modi</keyword> in the letter. "The committee has been mandated to complete the process in fourmonths," he added. 
 
<img class="gwt-Image" src="/photo/55038542.cms" /> 
Ratan Tata will be taking charge of Tata Sons once again and will also be a part of the committee looking for a replacement for Cyrus Mistry. 
 
 
Big names including Indra Nooyi, N Chandrashekaran and Noel Tata are already floating to head the group. Mistry’s stint was the shortest so far and it was cut short after serving for four years as chairman of the conglomerate and the exit is likely to end in a huge legal slugfest.

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Letter by Tata Sons’ new Chairman N Chandrasekaran to TCs employees

BI India Bureau

Bengaluru firm to produce IIT Delhi's COVID-19 testing kit

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A scary proposal to use facial recognition and AI by an Indian state has experts fuming

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Chronology of events in Tata-Mistry fight before NCLT, NCLAT

PTI

Ratan Tata writes to Narendra Modi informing him about Mistry’s exit from Tata Sons

BI India Bureau