Page 5 - Digital Services

Tech firms' services could face ban if they breach EU rules: Industry chief

The new draft rules come as critics of U.S. tech giants, which include companies and industry bodies, question the EU's rulings against Alphabet unit Google

Infosys completes acquisition of digital service provider Blue Acorn iCi

IT services firm Infosys on Wednesday said it has completed the acquisition of Blue Acorn iCi. Infosys had, earlier this month, announced inking a pact to acquire Blue Acorn iCi - a digital customer experience, commerce and analytics services provider - for up to USD 125 million (about Rs 915 crore). "This acquisition further strengthens Infosys' end-to-end customer experience offerings and demonstrates its continued commitment to help clients navigate their digital transformation journey. Blue Acorn iCi brings to Infosys, significant cross-technology capabilities through the convergence of customer experience, digital commerce, analytics, and experience driven commerce services," Infosys said in a statement on Wednesday. This acquisition further deepens Infosys' capabilities in the Adobe, Magento, Salesforce Commerce and Shopify ecosystems, it added. The acquisition was undertaken by Infosys Nova Holdings, LLC, a wholly-owned subsidiary of Infosys.

Jump Networks Limited envisages to tap the $100-bn opportunities in India

India has the highest number of disconnected people despite having the second largest online market in the world

Yatra.com aims to become digital services platform: CEO Dhruv Shringi

The company is taking certain steps especially on the corporate side of business

Indian SaaS industry revenue can grow 6-fold to $13-15 bn by 2025: Report

India's software as a service (SaaS) revenue has reached $3.5 billion as of financial year 2020 with compounded annual growth rate of 30 per cent and 75 per cent of it came from global sales.

France to apply digital tax whether US returns to negotiations or not

Nearly 140 countries have been negotiating the first rewrite of international tax rules in a generation

Why controversy over digital services tax could create a new trade war

The OECD does recognise the need to reform international tax rules for taxation of digital businesses but so far hasn't arrived at a consensus on the scope and manner of taxation

US probe into India's digital tax not a move of aggression, says official

The Indian government has so far not commented officially on the USTR investigation

US says it will probe India, other countries for digital services taxes

Other countries against whom the investigations might be initiated include Austria, Brazil, the Czech Republic, the European Union, Indonesia, Italy, Spain, Turkey and the United Kingdom

Hotstar offers free content, aims to thrive in Tier-II, Tier-III markets

Hotstar's free content includes movies like Chhichhore, Mission Mangal; TV shows from Star Plus and Star Bharat; and News

Tamil Nadu's leap into AI, blockchain to help the state with better service

Part of the state's digital initiative involves steering the government towards evolving policies that are based more on data and analytics than on unproven assumptions and guesswork

Small units to be bigger as TCS revisits 2011 strategy to boost revenue

Also plans to identify the next billion-dollar bets in the digital services space

Digital States of India ranking: Chhattisgarh tops, Haryana at third spot

The report in 2019 is the second in series, the first one released in October 2017

Auto brands drive around digital speed breakers to plug friction gaps

With friction leading to 26% dropouts for 4-wheelers and 34% for 2-wheelers, companies such as Maruti, Hyundai look at ways to plug the gaps

Infosys inks 6-yr deal with Mortgage Movement to lead its digital services

Helping Movement Mortgage raise business volume and developing industry specific solutions are Infosys' key deliverables in the deal, said the Bengaluru-headquartered IT behemoth.

Fintech panel suggest legal framework to protect digital services consumers

The report said the Department of Financial Services should work with PSU banks to bring in more efficiency to their work and reduce fraud and security risks

Indian banks trail global peers on e-sale capabilities, finds BCG study

Indian banks trail their global peers in three areas: Absence of personalised marketing messages, lack of straight-through processing, and low quality of in-app sales support

Digital breakthrough: Consumer durables brands finding ways to expand reach

While most brands are still taking baby steps in this space, this is where the future brands will be built believe experts

Why simple ideas are great

As we build the networks of the future, the key will be eliminating complexity

Cashback and discount: Modi govt's mega plan to boost digital transactions

The proposals to encourage digital transactions are likely to be placed before the GST Council on May 4