Technology companies offering niche services to banks face a challenge as public sector lenders consolidate, with issues around shrinking revenue, reduced clients and heightened competition, industry experts have said. Banks may consider changing their technology infrastructure, analysts said. This means,…
New-age internet companies across the eCommerce, food-tech and fintech sectors are increasingly using soft-skill providers to train their workforce. These human resource development programmes have traditionally been used by the manufacturing and automobile industries for their staff. “Even larger companies…
On October 9, 2019, I noticed my Twitter timeline was abuzz with a hashtag, #BoycottJio. Until then, I hadn't heard about the announcement by Reliance Jio to charge users 6 paise per minute for voice calls made to other networks.…
Banks may take 2-3 years to standardise core technology, products and customer applications after the government proposed to merge some prominent public sector lenders last week, analysts said. “The integration process would take 24-36 months. Website, mobile apps, IVR —…
Reliance Jio and Microsoft have entered into a long-term alliance to offer a set of solutions comprising connectivity, computing, storage solutions etc to create more affordable offerings for Indian SMBs, startups and large enterprises while also adding capabilities to Reliance Industries’ ecosystem. Sanchit…
For all the publicity blitz accompanying Mukesh Ambani’s $30bn charge into the digital economy, the details of his long-term strategy remain a closely guarded secret. Mr Ambani’s Reliance Jio venture has upended India’s telecom sector, devastating the profits of incumbent operators…
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2019 is turning out to be great for Indian internet ventures. It’s not even mid-way into the year, and the country has already seen two internet firms achieve unicorn valuations, and at least one more is close to the milestone.…
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In proposing to tighten the rules around e-commerce, India is both offering respite and ruffling feathers in equal measure. The draft e-commerce policy released by the Modi government on Feb. 23 is poised to shake up the country’s nearly $40 billion (around Rs2.8 lakh crore) online…
Following the ‘data is oil’ argument often used by businesses, the latest e-commerce policy draft focuses on different aspects of data localisation, while also seeking to establish data as an economic resource, said experts. The government has made its intent to regulate…
As the deadline for payment companies to comply with the Reserve Bank of India’s (RBI) data localisation rule ran out, major payment network players, including Visa and Mastercard, were in breach. While there was no official word on the status…
The RBI's deadline of 15 October for all payment system operators to comply with the central bank’s data localisation norms just went by. Companies like Visa, American Express, Facebook, PayPal, Mastercard, Google and WhatsApp are required, as per the Reserve…
As the deadline for payment companies to comply with the Reserve Bank of India’s (RBI) data localisation rule ran out, major payment network players, including Visa and Mastercard, were in breach. While there was no official word on the status…
The Reserve Bank of India is unlikely to extend the October 15 deadline for the payments ecosystem players to set up a facility to store transaction-related data in India. Those players that do not comply with the central bank’s April…
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The Right to Privacy is now a fundamental right. A nine-judge bench of the Supreme Court pronounced this verdict on Thursday morning. It was a unanimous decision with all the nine judges in favour of the Right to Privacy. The constitutional bench headed…
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A decade after allowing Amazon to start what would become India's largest online marketplace, Flipkart co-founder Sachin Bansal appealed for government protection against his former employer. "Alibaba could approach the e-commerce unit as a complement to Paytm's core business, hoping…
Rideshare, which allows two or more people going in the same direction to use one cab, might be a good concept, but when did a good concept come in the way of law? It has in the case of cab…
Apple iPhones will be made in Karnataka. The government of Karnataka on Thursday said that it welcomed a proposal from Apple Inc to begin initial manufacturing operations in the state, in a sign that the tech company is slowly moving forward…
Below are some of the latest tweets on this topic. Read a more updated thread by clicking on any of the tweets from below. https://twitter.com/s_v_g/status/802753731074740226 https://twitter.com/s_v_g/status/802766535412461570 https://twitter.com/s_v_g/status/802767061302722562 https://twitter.com/s_v_g/status/802767527310802945 https://twitter.com/s_v_g/status/802768084167557120 https://twitter.com/s_v_g/status/802770360659681280 https://twitter.com/s_v_g/status/802771916901621760 https://twitter.com/s_v_g/status/802772782639550464 https://twitter.com/s_v_g/status/802776997726326784
Handset and electronics business, one of the sectors worst hit by demonetisation, are looking at the government for relief. “The electronics market moves from quarter to quarter. If the situation remains the same, then stocks of products will keep piling…
今年 7 月份印度政府决定放宽该国的海外直接投资（FDI）标准相关的限制，以便于特定地区的外国公司在印度国内建立运营业务，包括建立单一品牌的零售店在内。这就意味着苹果公司可以在印度国内无障碍地开设自己的零售店了。当地果粉听闻这条消息时应该是很高兴的。 今年库克曾经到访印度，不过 Greyhound Research 首席分析师 Sanchit Vir Gogia 认为：“有时候是我们过度解读库克的印度之行了。我认为他到访印度不过是想证明，从长期发展来看，他对印度很感兴趣，而短期的话他们则只是和 Reliance 等公司达成合作伙伴关系。” Source: BJweekly.com | Tech.HK.DailyEconomic.com | Feng.com | ITbear.com | Mini.eastday.com | Dongcoder.com | Zuiainvren.com | 7y7.com | ITchinairn.com | Mobile163.com | nkxyzc.com | digi163.com | m.cnbeta.com | macgg.com | myzaker.com | ITdadao.com | tech.huanqiu.com | Mt.Sohu.com | TheCover.cn | News.IPAdown.com | Diyiredian.com | News.Tongbu.com
India’s wait for its first Apple-owned store is not going to end soon. In June, the Narendra Modi government had paved the way for Apple to open direct stores in the country—almost a decade after iPhones first started selling here.…
Late on the evening of November 8, 10 executives at Tata Consultancy Services got on a conference call to discuss how to ensure that their banking customers will be able to comply with Prime Minister Narendra Modi’s demonetisation announcement. “No…
