SEBI Issues Framework For Advisory, Portfolio Management Services

Markets regulator Securities and Exchange Board of India (SEBI) has come out with a framework related to the fees for investment advisory services for accredited investors. In addition to this, it has also issued guidelines on exit load charges applicable to the client of the portfolio manager. In August, SEBI had introduced the concept of “accredited investor” in investment advisers (IA) and portfolio managers rules. In a circular, the regulator said that in case of accredited investors, the limits and modes of fees payable to the IA will be governed through…

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New framework looks at how technology is changing our cities

The Urban Land Institute, a non-profit grop creating sustainable communities, has launched an Urban Technology Framework to help cities advance into the next generation. The Urban Technology Framework has identified 12 current trends that will shape metropolitan hubs, the group said. This in turn, will help developers and architects who are responsible for delivering future cities. Key tech trends include 3D printing transforming the way we build, and the Internet of Things (IoT) progressing smart buildings from stationary structures to machines. Digitalisation will transform business models, causing the existing sharing economy to…

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Facebook PyTorch 1.0 Announced, a New Open Source AI Development Framework

After making deep investments in Artificial Intelligence (AI) technology, Facebook has announced the next version of its open-source AI framework for developers. Called “PyTorch 1.0”, the framework provides everyone in the AI research community with a fast, seamless path for building a broad range of AI projects. “The technology in PyTorch 1.0 is already being used at scale, including performing nearly 6 billion text translations per day for the 48 most commonly used languages on Facebook,” the company announced during its F8 developer conference in San Jose on Wednesday. The AI research and…

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