Page 3 - Iamai

New IT rules likely to impact ease of business in India, says report

Study says proposal to trace origin of a message on social media platforms is technologically unfeasible

IAMAI announces committee to study issues faced by VC firms in India

Softbank, Sequoia, IAN, 3one4 Capital, Eximius, Multiples Alternate Asset Management among others join panel

Data Protection Bill: IAMAI wants age of consent to be lower than 18

Also wants verification of age, parental consent removed

Industry, trade bodies urge Karnataka to relook online gaming ban in Bill

IAMAI says Bill seems to ignore legal and constitutional positions by including a wide definition of "gaming" in amendments against various SC and High Court judgments

Active internet users in India likely to reach 900 mn by 2025: IAMAI

The report suggests that even though the internet penetration in urban India is over two times than rural areas, the usership in rural areas has been growing at a faster rate on a year-on-year basis.

Govt must develop regulatory mechanism for cryptocurrency ecosystem: IAMAI

Industry body IAMAI on Wednesday appealed to the Indian government to not ban cryptocurrency and develop a robust mechanism to regulate the related ecosystem in the country.

The bogey of content regulation

On November 9, the Cabinet Secretariat issued a notification that brings digital and online media within the jurisdiction of the Ministry of Information and Broadcasting

India has over 500 mn active Internet users, 14% aged 5-11: Report

According to IAMAI's 'Digital in India' report, India had 504 million active Internet users, who logged onto the web at least once in the last one month, at the end of November 2019

India has potential to capture 50% of global mobile charger market: IAMAI

Global market for chargers in 2025 is estimated to be $10 billion (about Rs 76,000 crore), with smart chargers comprising around 70 per cent of the market

Allow digital onboarding of customers for NBFCs, others: Industry body

The non banking entities are capable of doing minimum know your customer (KYC) for merchant transactions successfully without face- to- face physical interaction with the customer only

IAMAI opposes proposal to fix minimum price for phone calls, data

At present, telecom companies are free to decide on call and data rates but due to stiff competition they have sought regulatory intervention

Data Protection Bill should be discussed widely in Parliament: Prasad

Responding to a question on data protection legislation movement that was taking time, Prasad said time must be given for parliamentary deliberations and added that "what comes out, will be good".

Smartphone makers seek 30% incentive for component manufacturing in India

The opportunity cost of starting a component manufacturing facility is the loss of revenue of around 5-9 months in the best case scenario and at worst, almost 2 years, the report said

Let data protection Bill deal with personal health data, says IAMAI

The IAMAI counts technology majors like Google, Facebook, and Apple as members as well as health tech firms such as Netmeds, Practo, 1mg, and mfine

India to have 420 million mobile internet users by June: IAMAI report

The growth in user base is faster in rural parts of the country