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INDIA

December 29th, 2018 The Reserve Bank of India (RBI) would set up a compliance and tracking system portal to tackle the multiplication of cyber-fraud and seeks to establish a better redressal mechanism for consumers.  With digital transactions gaining traction, RBI’s customer-protection measures are seen as a bid to promote and improve...
INDIA

December 28th, 2018 The number of internet connections in India has grown by 65% from March 2016 to cross the 50 crore mark in 2018, in line with the target set by the Narendra Modi government three years ago. As per the latest information from the Telecom Regulatory Authority of India (Trai), by the end of September 2018, there were 56...
INDIA

December 27th, 2018 US based hide hailing major Uber has partnered with Delhi Metro Rail Corporation (DMRC) to improve first-mile/last-mile connectivity.  As part of this partnership, Uber will set-up kiosks across designated metro stations for Uber Rider Assistants to facilitate riders to book an Uber ride even without the App....
INDIA

December 26th, 2018 The social networking giant Facebook has doubled its annual spending on legal and advertising expenses and investment in India, underlying the complexity of challenges it faces from regulators to deal with the enormous amounts of incendiary messages exchanged on its platform. The Menlo Park-based company is going through...
INDIA

December 22nd, 2018 Smartphone shipments in 2019 is expected to reach upto 160 million in India. India is expected to be the only major smartphone market to grow in 2019, following on from a strong 2018, compared with China. This compares with over an expected 150 million in 2018, compared with around 134 million in 2017. The Indian smartphone market...
INDIA

December 20th, 2018 It had been reported that RBI had banned Paytm’s payments bank from opening new accounts and e-wallets in August. Want to know why? We have the answer. RBI for the first time has disclosed the reasons behind the move. The four reasons! The apex financial authority of India said that the Noida-based company was...
INDIA

December 18th, 2018 The Indian companies are stepping up and hiring technology talent this New Year. This is basically because digital will play an important role for many of the businesses as they gear up for disruption. According to the reports, the hiring of digital and technology talent will double in the year ahead as businesses transform, customer...
INDIA

December 17th, 2018 The Indian government is actively taking into consideration the amendments to the Telegraph Act and the Prevention of Money Laundering Act (PMLA) to provide legal backing for mobile numbers and bank accounts to be linked to Aadhaar on a voluntary basis. The ministry of electronics & information technology has moved a proposal...
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