Digital Platform

Kinetic Green, Jio Things to launch digital display platform, analytics

Electric vehicle maker Kinetic Green Energy and Power Solutions on Monday said it has forged a technical collaboration with Jio Platforms Limited's subsidiary JioThings to launch a suite of digital display platforms and analytics. As part of this collaboration, Kinetic Green is unveiling an innovative Smart TFT-based digital and connected display platform to revolutionise the riding experience for its consumers on its E2W platforms, the company said. This advanced display integrates essential features, including real-time navigation, notifications for incoming calls, and information on nearby charging stations, Kinetic Green Energy added. The collaboration will also introduce key features like a built-in Bluetooth and telematics-enabled device to ensure seamless connectivity. This allows users to monitor and manage essential vehicle functions through their smartphones. Riders can access information on navigation, speed, battery charge status, and distance to empty, creating a highl

'Overreach': USISPF, Nasscom on Sebi's specified digital platform plan

The proposal followed SEBI's mandate restricting the association of registered entities in the securities market with those who are unregistered or not covered under the ambit of the market regulator

Sebi extends deadline till Nov 26 for comments on proposed SDP recognition

Markets regulator Sebi on Tuesday extended the deadline for public comments till November 26 on the proposal concerning requirements for recognition as specified digital platforms (SDPs). Earlier, the comments from the public were sought till November 12. "Based on the representations received by Sebi from some of the entities/organisations, it has been decided to extend the timeline to submit the public comments on the consultation paper till November 26, 2024," the regulator said in a statement. In its consultation paper, Sebi proposed requirements for recognition as specified digital platforms whereby such platforms should proactively prevent fraud, impersonation, unauthorised claims, and unregistered entities from operating. The regulator suggested that specified digital platforms use artificial intelligence or machine learning (AI/ML) tools to identify content or ads related to securities, ensuring the entity is Sebi-registered or permitted, no unauthorised advice, ...

MarketsMojo announces launch of MOJOMF distribution service platform

Fintech platform MarketsMojo on Wednesday announced the launch of its mutual fund investment and distribution services platform MOJOMF. The platform will be a complete advisory solution on mutual funds with guidance on how to generate alpha on investments. The move is aimed at attracting more investors, especially the youth, by making investment processes and advisory simple, accessible and free of charge. "Investors will benefit from our selection of funds, curated by our advanced algorithm, which is customised to fit one's risk tolerance and investment goals. "The ultimate goal is to deliver a balanced and precision-driven investment strategy, tailored to meet one's specific financial goals," Amit Golia, Group CEO at MarketsMojo, said. MarketsMojo also plans to provide a complete wealth management solution in the coming months, starting with the launch of mutual funds (MF), and eventually becoming an asset advisor across the family portfolio. This includes risk profiling and th

Short-term margin overhang likely for Tata Communications stock

Achieving this will require higher capex and opex, totalling $300 million in FY25, and is projected to be at a capex-to-sales range of 10-11 per cent. By FY27

Digital platforms are now a crucial pillar for FMCG cos to advertise: Meta

Nielsen and Kantar report commissioned by Meta shows digital platforms' influence on FMCG companies' success

Aditya Birla Capital aims to double customers with new digital platform

Aditya Birla Capital is targeting to add 3 crore new customers in the next three years through a digital platform launched on Tuesday, a top official said. Speaking at the launch of the Aditya Birla Capital Digital here, Aditya Birla Group chairman Kumar Mangalam Birla said the purpose of the platform is to acquire new customers in a seamless manner. At present, Aditya Birla Capital serves over 3.5 crore customers across its businesses, including lending, insurance, and asset management. Speaking about the catchment which can be tapped into, Birla said the wider group has a 2.5 lakh strong small business ecosystem and currently serves over 25 crore customers through products and services like telecom, fashion, and retail. A person can choose from 22 products and services across all the offerings of Aditya Birla Capital. He said the ambition of Aditya Birla Capital is to break into the top three in each of the core businesses. Birla said he sees the insurance, credit, and investme

Consumers may struggle in disputes with digital platforms: RBI dy governor

Platforms provide 'immense benefits' but the risk of misuse and fraud increases, says Swaminathan J

Norms against deepfakes and misinformation after elections: Vaishnaw

The government asked digital platforms to provide technical and business process solutions to prevent and weed out misinformation that can potentially harm society and democracy, Union Minister Ashwini Vaishnaw has said. He added that a well-thought legal structure against deepfakes and misinformation will be finalised after the elections. With poll season in India up ahead, digital platforms have upped election integrity efforts over the past weeks, while the government, through advisories and missives, has conveyed its zero tolerance for deepfakes and misinformation circulating on social media and other platforms. "...Misinformation in a vibrant and diverse democracy like ours, can really be very harmful. It can be harmful for society, for democracy, for the electoral process, and it can really impact our future and harmony of the society in a big way. "...So, we have been very categorical in our discussions with the platforms...they have taken many steps, they are continuously .

Union Minister Vaishnaw launches NITI Aayog's digital public infra platform

Union Minister Ashwini Vaishnaw on Thursday launched government think tank NITI Aayog's platform 'NITI For States', a digital public infrastructure for policy and governance. Vaishnaw, the Minister of Communication, Railways and Electronics & IT, also inaugurated the 'Viksit Bharat Strategy Room' at NITI Aayog. The 'Viksit Bharat Strategy Room' will enable visualization and engagement with insights, sharing of information and knowledge to enable effective in-person decision-making. A multi-sectoral live repository of 7,500 best practices, 5,000 policy documents, over 900 datasets, 1,400 data profiles, and 350 NITI publications will be part of the new platform, according to an official statement. The knowledge products on the platform span 10 sectors, including agriculture, education, energy, health, livelihoods and skilling, manufacturing, MSME, tourism, urban, water resources and WASH (water, sanitation and hygiene) across two cross-cutting themes -- gender and climate ...

Meta doubling down on WhatsApp Business in India, says MD Devanathan

The company also enabled payment options within the chats from different platforms apart from its own. These platforms include UPI apps, debit and credit cards, among others

Interoperability of digital platforms may raise user security risks

Proposed interoperability among messaging apps like WhatsApp, Telegram, as per draft Digital Competition Bill, might enhance user convenience but raises concerns over heightened privacy breaches

Digital India Bill may have provisions against bundling, tying of services

With a chapter on Open Internet, the new bill would aim to ensure that internet-based services are provided in a non-discriminatory manner

Govt appoints nodal officers to issue direction against film piracy

In a bid to curb film piracy, the government on Friday said it has appointed nodal officers who have been empowered to issue directions to take down pirated content from digital platforms. This move by Ministry of Information and Broadcasting has provided an institutional mechanism to take action against film piracy which is estimated to cause the entertainment industry losses to the tune of Rs 20,000 crore every year. "We have fulfilled a big demand of the industry," Information and Broadcasting Minister Anurag Thakur told reporters here. He said the government has appointed 12 nodal officers in the Ministry of Information and Broadcasting and the Central Bureau of Film Certification (CBFC) with whom complaints related to film piracy can be lodged and action will be taken within 48 hours. "Piracy is a big menace not only for the film industry, but for the entire world. Now, action against it is just a complaint away," Thakur said. Officials said any original copyright holder or a

AI exploitation by cyber criminals escalates online security risks

Advanced AI tools are being weaponised by hackers, elevating threats to businesses and individuals

Nations must share experience in keeping digital markets free: CCI chief

Rapidly evolving markets and technology have created fresh challenges and new dimensions in competition law and policy

Digital Competition Law Committee finalising report as last date nears

Panel may get third extension if report not ready in next two days

Digital risks

India needs appropriate laws to protect data

Axis Bank launches Sarathi platform for easy PoS onboarding of merchants

The paperless onboarding procedure eliminates the need for merchants to fill out lengthy documents or wait for long periods of time to have their PoS terminals installed

OTT platforms may not stream movie with poor box-office collection: Report

The proportion of movie revenue from the sale of digital rights rose from almost 10% in 2019 to about 21% in 2022, the report said