Page 3 - Digital India

Now, Adani Group plans to enter India's digital payment, e-commerce spaces

The Adani Group plans to offer new services through its consumer app, Adani One, which was launched in late 2022. The app currently offers travel services such as flight and hotel bookings

Sebi streamlines digital onboarding for portfolio managers' clients

Capital markets regulator Sebi on Friday relaxed the digital onboarding process for clients of portfolio managers, a move aimed at facilitating ease of doing business. While onboarding clients, portfolio managers will have to ensure that new clients use a typed or electronically written note saying that they have understood the fee structure rather than the current practice that focuses on clients giving the same in their own handwriting. The change, aimed at making digital onboarding easier, would become effective from October 1, the Securities and Exchange Board of India (Sebi) said in a circular. The move came after Sebi observed certain operational challenges in complying with the requirement of a handwritten note on the annexure of fees in the agreements, including the non-availability of a stylus at the location of the investors. This requirement was creating a hindrance towards the complete digital onboarding of the clients. "While on-boarding a client, portfolio manager sh

Champion nation

Chess ecosystem offers lessons for others sports

Himachal's Giu gets mobile network for 1st time, PM speaks to residents

Prime Minister Narendra Modi on Thursday spoke to residents of Giu village in Himachal Pradesh's Spiti after the area was connected to the mobile network for the first time. In a more than 13-minute telephonic conversation with them, Modi spoke about his visit to the border region during Diwali and asserted that connecting the village with the mobile network will quicken the 'Digital India' campaign. The government is now prioritising linking all places with the communication technology after meeting success with the electrification exercise, the prime minister said, noting that when he came to power more than 18,000 villages lacked electricity. A villager told him that they could not believe it for a moment when they were told that the area will be connected to the mobile network and their happiness knew know no bounds when it finally happened. They had to earlier travel for around eight kilometres to use their mobile-phones, he said. Modi highlighted his government's efforts to

Digital infra solutions company iBUS raises $200 mn from govt's NIIF

Firm says it will use the funding to strengthen its market position and expand in new sectors

Musk launches X's 'Community Notes' programme in India: Here's how it works

The 'Community Notes' programme will allow contributors to participate in fact-checking tweets in order to create a more informed digital environment

Tejas Networks, Telecom Egypt sign pact to speed-up vision of Digital Egypt

Tata Group-backed telecom gear-maker Tejas Networks on Tuesday said it has signed an agreement with Telecom Egypt, Information Technology Industry Development Agency and National Telecom Institute to replicate its experience of implementing Bharatnet (Rural Broadband Project) and NKN (National Knowledge Network) projects in Egypt. The agreement aims to accelerate the vision of Digital Egypt, upskill Egyptian engineers and technicians, establish local manufacturing and R&D facilities, and set up technical support services in Egypt, according to a regulatory filing. A Memorandum of Understanding (MoU) to this effect has been signed with Telecom Egypt (TE), ITIDA (Information Technology Industry Development Agency) and NTI (National Telecom Institute). "Other broad areas of cooperation include capacity building of Egyptian engineers and technicians on state-of-the-art telecom and networking technologies, establishing local manufacturing and R&D facilities for Fiber-to-the-Home ...

'What KBC did for entertainment, sports will do for the digital ecosystem'

Sports commands appointment viewing at scale, making it a critical pillar for capturing a captive audience, especially in the realm of AVoD

What are Chakshu and Digital Intelligence Platform introduced by the Government of India

The Department of Telecommunications has introduced two crucial digital platforms: 'Chakshu' and the 'Digital Intelligence Platform (DIP),' as part of the Sanchar Saathi portal launched in May 2023. >

DoT's new CHAKSU portal to allow citizens to report fraudulent calls

A new Digital Intelligence Portal will help banks, agencies and telecom operators to share data on suspected fraud

Digital public infra contributes 0.9% to GDP, to triple by 2030: Nasscom

Digital public infrastructures like Aadhaar, UPI and FASTag generated a value of USD 31.8 billion in 2022, contributing 0.9 per cent to India's GDP, and the contribution is projected to increase 2.9-4.2 per cent by 2030, industry body Nasscom said in a report. The Nasscom-Arthur D. Little report titled 'Digital Public Infrastructure of India - Accelerating India's Digital Inclusion' said that Indian DPIs' foundational layers are based on transparency and trust, which promotes paperless transactions, reduces bureaucracy, and advances the concept of digital identity and document management. The report said that mature DPIs such as Aadhaar, UPI (Unified Payments Interface), and FASTag have witnessed exponential adoption by 2022, and the next 7-8 years offer an opportunity for further scalability, reaching even the most remote segments of the population. "By 2030, adoption across matured and budding DPIs has the potential to scale up. The economic value add of these DPIs by 2030 has the

ADIF moves Delhi HC against 'inaction of CCI' to decide Google case

ADIF told court that 'there will be a cascading effect of harm to the market and the market will not be able to recoup the competitive loss at the hands of Google if CCI does not decide on its plea

Experts hail India's digital public infra for reducing inequality

A group of global experts has hailed India's robust digital public infrastructure, especially UPI, in reducing inequality. At a panel discussion here this week at Davos Innovation Week, hosted by World Innovation Economics, the experts discussed how UPI and overall digital public infrastructure have scaled new heights in India. The panel comprised of Sanjeev Sanyal (Economic advisor to Prime Minister Narendra Modi), Phillip Weights (Swiss banking leader), Efi Pylarinou (Swiss fintech influencer) and Ashok Ranadive (Ex-Indian Navy, Ex-Google, entrepreneur and investor). The panel discussed about UPI, Digital Public Infrastructure, India Stack 2.0, CBDC, Blockchain, and Data privacy. All the panellists praised India's rapid inclusive growth due to its robust digital public infrastructure, good governance and inclusive growth. The panel also discussed how technology like UPI can be in future exported to the US or Europe as it is better than existing platforms there. Sanyal emphasise

GMR Group, IndiGo tie up for digital transformation in Indian aviation

GMR Group and IndiGo Airlines on Thursday announced a strategic collaboration forming a digital consortium aimed at reshaping the landscape of the Indian aviation industry. A press release from GMR said the partnership brings together the diverse strengths of GMR's infrastructure expertise and IndiGo Airlines' innovative approach to air travel. The consortium will focus on deploying cutting-edge technologies to enhance operational efficiency, passenger experiences, and overall industry sustainability. While GMR Group and Indigo will be the founding partners of this industry consortium, the initiative aims to collaborate with multiple stakeholders of the aviation ecosystem to drive the key objectives of driving technological innovation, enhancing passenger services, achieving operational excellence, and embracing sustainable practices to minimize environmental impact. The key objectives of the consortium includes technological innovation, enhanced passenger services and operational .

RIL, int'l partners launch data centre in Chennai, their first in India

Joint venture called Digital Connexion has bought land in Mumbai to set up another data centre

Budget 2024-25 wishlist: Indian crypto players seek tax cuts to spur trade

Companies have urged the government to treat income gained from virtual digital assets (VDAs) at par with that derived from capital assets

GenAI can add $1.2-1.5 trillion to India's GDP by 2030: EY report

75 per cent of organisations said customer engagement was a segment that was most influenced by generative AI

Hindustan Coca-Cola Beverages to train Tamil Nadu women on banking services

Fast-moving consumer goods major Hindustan Coca-Cola Beverages has unveiled a digital literacy programme in the state aimed at training women on the fundamentals of banking services. As part of the programme, around 3,000 women from Tamil Nadu would be trained under its national initiative to reach 25,000 women across the country. The financial and digital literacy training programme would encompass fundamentals of banking basics, account opening process, UPI training, a company statement here said. Beneficiaries would be grouped based on their interests, needs, and existing digital and financial literacy levels. The training will adopt a classroom-based format conducted at identified locations. "At Hindustan Coca-Cola Beverages our commitment to positively impact our community extends beyond refreshing beverages. The financial and digital literacy progamme in Tamil Nadu is a testament to our dedication to fostering change," said HCCB Chief Public Affairs, communications and ...

Digi Yatra facility to be available at 25 more airports in 2024: Scindia

Civil aviation minister Jyotiraditya Scindia on Friday said Digi Yatra facility will be available at 25 more airports in 2024. Currently, the facility is available at 13 airports for domestic passengers. Digi Yatra provides for contactless, seamless movement of passengers at various check points at airports based on Facial Recognition Technology (FRT). At a briefing in the national capital, Scindia said Digi Yatra will be introduced at 14 airports in the first phase and another 11 airports in the second phase next year. By the end of 2024, Digi Yatra will be available at 25 more airports and the total number of airports that will have the facility will increase to 38, he said. Currently, Digi Yatra facility is available at 13 airports that handle around 85 per cent of the country's domestic air passenger traffic. Next year, the facility will be available at a total of 38 airports that handle around 95 per cent of the traffic. The data shared by a passenger for Digi Yatra is store

Digital India Act unlikely to be in place before LS election: Chandrasekhar

The government may not be able to put in place the Digital India Act, which aims to replace over 23 years old IT Act 2000, before the next general election, as there is not much time left for extensive consultation, minister of state for electronics and IT Rajeev Chandrasekhar said on Wednesday. While speaking at the Global Technology Summit 2023, the minister, however, said that the rules for Digital Personal Data Protection Act will be out later this month for consultation and are expected to be notified by the end of December or early January. Chandrasekhar said, the existing IT Act doesn't even have the word internet and there is a consensus that it can be safely superseded and replaced. "The successor act to that is something called the Digital India Act, which is a work in progress. We have the draft ready and a lot of work has gone into it. "I suspect that before the next elections, we will not be able to legislate it because one of the things that the Prime Minister insists