Dhruvaksh Saha &Amp;Amp; Sourabh Lele

Stories by Dhruvaksh Saha &Amp;Amp; Sourabh Lele

'No second thoughts on Great Nicobar Port'

'No second thoughts on Great Nicobar Port'

Rediff.com   11 Apr 2023

'An area of land has already been earmarked for their protected habitation.' 'There are also steps being taken to take care of the coral zone and mangroves.'

Indian start-ups may take legal route against Google in-app billing

Indian start-ups may take legal route against Google in-app billing

Rediff.com   10 Apr 2023

Scrutiny of Google's code of conduct in the Indian Android ecosystem is far from over with several start-ups preparing to appeal against the company's revised policies of service fee on in-app purchases and subscriptions, according to sources in the know. This comes days after the National Company Law Appellate Tribunal (NCLAT) granted partial relief to the tech giant, reversing four of the 10 key non-monetary directives that would have forced Google to allow uninstalling of its pre-installed apps on Android devices. Paytm, BharatMatrimony, and ShareChat are among the start-ups that are likely to file grievances against the tech major for alleged non-compliance with the Competition Commission of India's (CCI's) cease-and-desist order on Play Store policies.

SVB crisis: Start-ups seek govt's help to bring money to India

SVB crisis: Start-ups seek govt's help to bring money to India

Rediff.com   22 Mar 2023

Indian start-ups raised issues, such as blockages in international wire transfers, disruptions due to threshold limits on withdrawals, lack of communication from US agencies, and the need for preferential access to credit, in a meeting with the government over the fallout of Silicon Valley Bank's collapse. Rajeev Chandrasekhar, minister of state for electronics and information technology, held a virtual meeting with over 450 members from start-ups, venture capitalists, and investors who have been directly affected by the closure of SVB. He assured them that the IT ministry would put together a list of suggestions and give it to the finance minister on behalf of start-ups.

SVB crisis: $200 mn worth start-up deposits moved to GIFT City

SVB crisis: $200 mn worth start-up deposits moved to GIFT City

Rediff.com   17 Mar 2023

Around $200 million worth of deposits of Indian start-ups have been withdrawn from Silicon Valley Bank (SVB), which was taken over by US banking regulators last week after it collapsed, and moved to the Gujarat International Finance Tec-City (GIFT City) IFSC, Rajeev Chandrasekhar, minister of state (MoS) for electronics and information technology said on Thursday. "It turns out that there was over a billion dollars of deposits of Indian start-ups in SVB. "The existential, solvency crisis that was there six-seven days ago has become much more manageable, even the short-term liquidity crisis is being addressed as the bank allows access to deposits," the minister said while speaking at Lenovo's Tech World India Edition event.

Coming Soon: 'Trusted Fact Checkers'

Coming Soon: 'Trusted Fact Checkers'

Rediff.com   4 Mar 2023

The government wants a collaborative model with a public-private partnership to fact-check social media content.

100% Railways Electrification By 2024

100% Railways Electrification By 2024

Rediff.com   3 Mar 2023

India is now much ahead of other large railway networks in the world in terms of electrification -- with the US at just 1 per cent, China at 72 per cent and Europe at 60 per cent.

IT firms delaying onboarding freshers

IT firms delaying onboarding freshers

Rediff.com   3 Mar 2023

'It is a sign of a bigger problem which is coming in the next six months.'

Negligence Of Cybersecurity May Spoil The Party

Negligence Of Cybersecurity May Spoil The Party

Rediff.com   28 Feb 2023

'As long as businesses do not consider cyber recovery an integral part of their enterprise IT, they remain greatly vulnerable.'

Finland Wants Indian Techies!

Finland Wants Indian Techies!

Rediff.com   1 Feb 2023

In the last 12 months, over 7,500 Indians have applied for a resident permit.

Will 2023 Be Normal Year For Hiring?

Will 2023 Be Normal Year For Hiring?

Rediff.com   20 Jan 2023

Dip in attrition rates and higher bench strength seem to be signalling a normal year for hiring in FY24.

Ganga Vilas: World's Longest River Cruise

Ganga Vilas: World's Longest River Cruise

Rediff.com   12 Jan 2023

The MV Ganga Vilas will traverse through 27 rivers over 52 days, covering over 3,200 km.

GACs to have wider scope, will hear all types of grievance appeals

GACs to have wider scope, will hear all types of grievance appeals

Rediff.com   9 Jan 2023

MeitY had stated there was a need to set up GACs as grievance officers hired by the platforms often did not address issues satisfactorily.

CoinSwitch holds Rs 1,083 cr of users' assets

CoinSwitch holds Rs 1,083 cr of users' assets

Rediff.com   7 Jan 2023

CoinSwitch has 7.21 times more cash holdings in rupees, compared to that held by its users on its platform.

Know More About Data Privacy Jobs

Know More About Data Privacy Jobs

Rediff.com   6 Jan 2023

Data privacy as a career option is gaining ground with thousands of open job positions, swelling salaries, and rising compliance requirements across the globe, finds a report by data privacy and cybersecurity provider Tsaaro.

Railways rolls out energy efficiency plan to meet 2030 net-zero target

Railways rolls out energy efficiency plan to meet 2030 net-zero target

Rediff.com   4 Jan 2023

Focuses on meeting non-traction demand through renewables.

Indian crypto exchanges stay put in business after 'a year to forget'

Indian crypto exchanges stay put in business after 'a year to forget'

Rediff.com   29 Dec 2022

The price of bitcoin, the bestselling cryptocurrency, has shrunk nearly three times this year to mark the fate of such digital assets. Crashing prices, regulatory uncertainty and taxes have put Indian crypto exchanges in troubled waters. Finance Minister Nirmala Sitharaman's budget for FY23 announced a 30 per cent tax on any income from the transfer of virtual digital assets.

Online Gaming To Have Rules Soon

Online Gaming To Have Rules Soon

Rediff.com   29 Dec 2022

The industry came under scrutiny after the proliferation of games like cards, casinos, and fantasy sports among young people led to addiction and financial losses, with some reported cases of suicide.

'It's incredibly important Big Tech is at the table'

'It's incredibly important Big Tech is at the table'

Rediff.com   27 Dec 2022

'...helping the government, citizens, and companies get the balance right.' 'As great as technology is, these are societal questions, not just technical ones.'

Online Gaming: Age Verification Coming!

Online Gaming: Age Verification Coming!

Rediff.com   26 Dec 2022

Gaming platforms will also be required to display a warning after a certain time of usage to reduce the risk of addiction.

Aadhaar's next goal: Financial inclusion in rural areas

Aadhaar's next goal: Financial inclusion in rural areas

Rediff.com   19 Dec 2022

Since the first Aadhaar number was issued in September 2010, more than 1.33 billion Aadhaar cards have been generated till June 2022. With the Aadhaar enrolment of adult Indians nearing 100 per cent, the main objective of the Unique Identity Authority of India (UIDAI), which was to give Unique Identification numbers (UID) to all residents of India, is almost achieved, said a senior government official. "Enrolment will now be much more update-based, because people keep updating their mobile numbers and addresses.