The government plans to set up water aerodromes at 18 places spread...
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Kerala HC permits gamete extraction from critically ill husband for ART procedure
The wife had, in her plea, sought permission to extract and...
Disruptive moves: Indian Insurers must modernize core platforms to meet competition and evolving customer expectations
Swayamjit Mishra, Managing Director & Partner, Leads Technology...
Container shipping group CMA CGM resumes online services after cyber attack
In a separate incident, U.N. shipping agency the International Maritime Organization (IMO) said on Oct. 1 that its website and intranet had been disabled by a sophisticated cyber attack and its IT specialists had shut down key systems to prevent further damage.
India data centre infra market to touch $2.8bn in 2020:Gartner
“Focus on automation, remote monitoring, coupled network optimisation is part of the new normal for infrastructure leaders in India,” a new Gartner report said
Digital healthcare to witness exponential growth in next 5 years: Practo CEO
The healthcare as an overall sector in India is close to USD 200 billion in size and just a single digit of it is online today, Practo co-founder and CEO Shashank ND
Digital adoption in healthcare is still very small and 90 per cent of healthcare is still offline today. So for the companies like Practo, there is a long way to go, he added.
“I expect that this single digit will grow into 20-30 per cent in the next 5-10 years and that is going to be a real big jump for the sector,” Shashank told PTI.
Delhi govt exempts road tax on battery-operated vehicles under its EV policy
Delhi government will provide financial assistance to those buying electric vehicles under Electric Vehicle Policy. Financial assistance of ₹30,000 will be given on the purchase of 2-wheelers, ₹1.5 lakh on cars and ₹30,000 on auto-rickshaws and e-rickshaws.
In August, Kejriwal announced that the Delhi government has notified the electric vehicle policy.
Digital payments soar manifold in 5 years to FY20: RBI
However, FY20 saw a massive spike in volumes over the previous year to 3,434.56 crore but in value slipped down to Rs 1,623.05 lakh crore, which can be attributed to the steep fall in the overall economy and the massive job losses, forcing people to spend less and preserve more cash.
Only 1 in 4 global orgs keep Cardholder Payment Data Secure: Report
Payment data remains one of the most sought after and lucrative targets by cybercriminals with 9 out of 10 data breaches being financially motivated, as highlighted by the recent Verizon Business 2020 Data Breach Investigations Report (2020 DBIR). Within the retail sector alone, 99 percent of security incidents analyzed by the 2020 DBIR were focused on acquiring payment data for criminal use.
India can be AI capital, policy framework for technology can accelerate development: Chandrasekaran
“Solving for data governance, specifically what should be the global standard for data residency — localisation, privacy and security — are very important steps for our long term success. I think developing a policy framework will accelerate development of AI and AI based solutions in a significant way,” Tata Sons Chairman N Chandrasekaran said.
Google chalks out a plan to turn YouTube into the next shopping destination
For months now, Google executives have signaled that YouTube will be central to their e-commerce strategy. On a recent earnings call, Chief Executive Officer Sundar Pichai suggested YouTube’s sea of popular product “unboxing” videos could be turned into a shopping opportunity. The video site is full of other popular categories, such as makeup and cooking tutorials, where creators tout commercial products on air.
Amazon and Walmart Inc. have tinkered with shoppable videos for several years. Thus far, neither retailer has shown much progress. In China, though, this business model has taken off. On Douyin, the Chinese version of TikTok, influencers use live streamed videos to hawk wares from lipstick to smartphones in real-time to hundreds of millions of users.
Cash no longer king in Italy as COVID helps government push for plastic
A study published last week by credit association Assofin, market research firm Nomisma and pollster Ipsos said the lockdown was a “major occasion for Italians to try out non-cash payments,” with almost eight out of 10 making purchases online.
U.S. lawmakers detail Big Tech’s market abuses and press for strict reform
The report by the antitrust subcommittee of the Judiciary Committee recommends that Alphabet Inc.’s Google, Apple Inc., Amazon.com and Facebook – with a combined market value of over $5 trillion – should not both control and compete in related businesses.