Digital

The draft Digital Competition Bill has proposed ex-ante (preventative) regulations requiring digital companies to notify the CCI that they fulfil the criteria to qualify as SSDEs

LIC expects this digital platform to be the foundation for building high-value business applications

From property listings and transactions, to their management, and development, proptech startups are now present in various aspects of the realty sector

The new streamlined structure makes the firm more nimble and business focused

Nearshoring is a business practice that involves outsourcing tasks to neighbouring or nearby countries rather than distant offshore locations

A government-appointed panel has proposed ex-ante regulations for large digital enterprises to curb any possible anti-competitive business practices. The Committee on Digital Competition Law (CDCL) came out with its report and draft legislation on Tuesday and has sought public comments. The panel was set up in February last year following a Parliamentary panel proposing to have a new digital competition law to curb anti-competitive practices in the digital markets. Among others, the committee has suggested an agile and principle-based framework for ex-ante obligations under the draft competition bill. Vaibhav Choukse, Partner at JSA Advocates & Solicitors, said the committee has recommended the "ex-ante legislation for pre-identified large digital enterprise i.e., big techs, with significant presence to proactively monitor their behaviour in the market".

Fever FM's announcement puts the spotlight on why radio can't seem to grow and what would help it to

Digital birth certificates will serve as a single document that can be used for admission to educational institutions, applications for driving licences, government jobs, passports, or Aadhaar

Seafood and aquaculture firm King's Infra Inventures on Monday launched a digital platform 'SISTA360', that provides transparent, traceable and profitable solution for the entire acquaculture value chain. On its digital platform, the Bengaluru-based acquaculture startup provides sustainable protocols, quality inputs and one-stop solution to people engaged in the acquaculture business. "While the aquaculture sector has been relatively untouched thus far, I firmly believe that it holds immense potential to propel India toward its 10 trillion-dollar economic goal," Lok Sabha MP from Kerala N K Premachandran said at the launch. With SISTA360 services, King's Infra Ventures Chairman and Managing Director Shaji Baby John said, "I hope farmers will start on a new blue revolution. With only five per cent of natural resources been used, there is scope for growth in acquculture." Aquaculture farmers are a backbone of this sector, while processors and hatchers are accessories. "Unless farmers

British lawmakers have approved an ambitious but controversial new internet safety law with wide-ranging powers to crack down on digital and social media companies like TikTok, Google, and Facebook and Instagram parent Meta. The government says the online safety bill passed this week will make Britain the safest place in the world to be online. But digital rights groups say it threatens online privacy and freedom of speech. The new law is the UK's contribution to efforts in Europe and elsewhere to clamp down on the freewheeling tech industry dominated by US companies. The European Union has its Digital Services Act, which took effect last month with similar provisions aimed at cleaning up social media for users in the 27-nation bloc. Here's a closer look at Britain's law: WHAT IS THE ONLINE SAFETY LAW? The sprawling piece of legislation has been in the works since 2021. The new law requires social media platforms to take down illegal content, including child sexual abuse, hate sp

More than 200 exhibitions and conventions have been planned at the India International Convention and Expo Centre (IICC) - Yashobhoomi - at Dwarka here in the next two years, a senior government official said on Tuesday. The focus sectors of these events would be digital innovation, hospitality, entertainment, healthcare, automobile, infrastructure, travel and tourism, and smart manufacturing. Kinexin Convention Management Pvt Ltd, a consortium of Korea International Exhibition Centre (KINTEX) and eSang Networks Company Ltd, are holding marketing initiatives all over the world to attract events at the centre, which was inaugurated by Prime Minister Narendra Modi on September 17. KINTEX has been appointed as the operator for exhibition and convention centre for managing the venue for 20 years. Modi unveiled the Rs 5,400-crore Phase 1 of the IICC on Sunday. He also inaugurated the extension of the Delhi Metro's Airport Line which now terminates at YashoBhoomi Dwarka Sector 25 ...

Telecom regulator Trai on Thursday invited public comments to explore ways and means to make smartphone affordable in the country for digital inclusion. The Telecom Regulatory Authority of India (Trai) as part of its consultation paper on "Digital Inclusion in the Era of Emerging Technologies" will assess if measures taken by the government such as focussing on local manufacturing are sufficient to bring down the prices of smartphones in India. "What measures should be taken to make digital devices and digital connectivity affordable to the citizens for empowering them to maximize the benefits of an inclusive digital society?" Trai asked in the consultation paper. In the paper, Trai has cited example of smartphone financing and exploring viability of second hand smartphones in the country. The regulator sees that the rapid pace of technological advancements and launch of 5G enabled services including artificial intelligence and machine learning can widen digital divide if not made

The launch was conducted in the presence of the Gujarat Governor Acharya Devvrat and Chief Minister Bhupendrabhai Patel

The centre plans to hire about 100 engineers from PESITM in the next year and train them for three months to make them industry-ready to handle projects related to Building Information Modelling (BIM)

Advocating DPI's potential in helping nations leapfrog digital transformation, a G20 document prepared by World Bank has praised India's approach in unlocking the power of digital public infrastructure, including Aadhaar and UPI, for financial inclusion. The impact of DPI goes beyond inclusive finance, to supporting health, education, and sustainability, says the foreward of the document 'G20 policy recommendations for advancing financial inclusion and productivity gains through DPI'. "The India stack exemplifies this approach, combining digital ID, interoperable payments, a digital credentials ledger, and account aggregation. In just six years, it has achieved a remarkable 80 per cent financial inclusion ratea feat that would have taken nearly five decades without a DPI approach," it said. India's digital ID system Aadhaar, digital payment system UPI, data-exchange platform Digilocker and its other showcase platforms have found a special mention among the examples of DPIs "all of .

The country needs wider participation of buyers and sellers to expand digital commerce in the next few years, Open Network for Digital Commerce (ONDC) CEO T Koshy said on Tuesday. "If you look at today's digital commerce in the country, it is limited to 10 per cent and just 2-3 per cent on the buyer side, so we need to broaden and expand the participation so that the current levels can go up to 25-30 per cent in the next few years. "We are working in each of the segments to understand the challenges and building mechanisms to address them and to enable broad-based participation," Koshy said while speaking at the 3-day 'Global Fintech Fest 2023' that began on Tuesday. Digital commerce is just starting in the country. There are huge challenges ahead, and soon, there will be domains that will enable international transactions for people to buy from the India network, he added. "The key thing is while we are doing all this technology enabling, we have to understand that there is a need

Adobe CEO Shantanu Narayen on Friday said he is a "massive fan" of digital infrastructure that India has created. Narayen lauded India for its infrastructure, skills, technology, innovation and entrepreneurship. "I am a massive fan of digital infrastructure that India has built...it is infrastructure, it is skills, technology, innovation and entrepreneurship," Narayen told PTI. He was speaking on the sidelines of B20 Summit India 2023, which has seen global CEOs and corporate honchos converging in the capital for one of the biggest business gatherings this year. The Business 20 (B20) is the official G20 dialogue forum with the global business community. Earlier, while speaking at a session on 'AI for Business and Societies: Opportunities and Regulations', Narayen said that with 46 per cent of worldwide digital payments, a billion people with Aadhaar cards and 850 million smartphone and internet users, India presents a massive opportunity to be at the forefront of Artificial ...

The government will soon commence consultation on Digital India legislation that will outline the framework for regulation of emerging technologies, Union Minister Rajeev Chandrasekhar said on Thursday. India is "aware" of its responsibilities as largest connected democracy in the world, Chandrasekhar who is Minister of State for Electronics and IT, said citing ways in which India had leveraged digital technologies for inclusiveness. "We will soon be commencing our consultation on Digital India Act where the framework on how we believe user harm and emerging technologies will be regulated, will be laid out for consultation...that is a good time for everybody to come in and participate," the minister told PTI on the sidelines of Economist Impact B20 Forum. Earlier today, Microsoft Vice Chair and President Brad Smith, in a blog, had said India, as current holder of G20 Presidency, is "well positioned" to help advance a global discussion on AI issues. Smith had advocated broader legal

A majority (80 per cent) of small and medium enterprises in the country believe the government funding is key to unlocking digitalisation in the future, according to a study by Gartner-acquired software selection platform Capterra. The 'State of Digitalisation in India survey: Major barriers and role of government' report is based on responses collected from 435 respondents, including a group of managers, senior managers, or CEOs and founders -- labelled as decision makers. Out of these, 341 work for small and medium enterprises (SMEs), while 94 work for companies having more than 250 employees. The study found that 65 per cent of surveyed companies have received government funding for digitisation at least once, while 52 per cent of respondents said digitalisation would be challenging or even impossible without government funding. At least 8 out of 10 think there should be more funding initiatives to facilitate digitalisation, the study said. Issues in cybersecurity emerged as the

The trials for Coal India's in-house e-auction platform have been carried out satisfactorily, and the mechanism can have a full-fledged rollout across the company's coal-producing subsidiaries, officials said Sunday. A total of seven trial auctions involving nearly 18 million tonnes of coal have been conducted, they said. The mining major has entrusted its wholly owned subsidiary Central Mine Planning & Design Institute (CMPDI) to rollout the in-house e-auction system, with technical assistance from the National Informatics Centre. At present, external agencies like MSTC and mjunction are in agreement with Coal India to execute e-auctions of coal. "During initial trials, there were some teething issues that were resolved by CMPDI and NIC officials. In subsequent e-auctions, the trials were conducted smoothly. The entire system is automated, without any manual intervention," one of the officials said. "The charges are levied as per directions of Coal India," he said. CMPDI has ...