Neha Alawadhi

All stories by Neha Alawadhi

Sachin Tendulkar invests $2 mn in JetSynthesys

Sachin Tendulkar invests $2 mn in JetSynthesys

Rediff.com6 days ago

Sachin Tendulkar has recently made an equity investment of $2 million in digital entertainment and technology company JetSynthesys. The investment further strengthens Tendulkar's relationship with JetSynthesys, as the two already have an existing joint venture for a digital destination for all things cricket, called 100MB, and immersive cricket games Sachin Saga Cricket Champions and Sachin Saga VR. With this investment, Tendulkar joins the bandwagon of existing shareholders of JetSynthesys, who include Adar Poonawalla, Kris Gopalakrishnan, and the multi-billion-dollar family offices of the promoters of Thermax, Triveni Group, Yohan Poonawalla Group and DSP Group.

Indians more vulnerable to tech support scams, says Microsoft report

Indians more vulnerable to tech support scams, says Microsoft report

Rediff.com23 Jul 2021

Indians are more vulnerable to technology support-related scams compared to the global average, and lost over Rs 15,000 on average in such scam, a Microsoft research has found. According to the 2021 Global Tech Support Scam Research report, which looks at tech support scams and their impact, consumers in India experienced a relatively high scam encounter rate of 69 per cent during the past 12 months, close to the 70 per cent rate experienced in 2018. In contrast, there was an overall five-point drop in scam encounters globally with a rate of 59 per cent over the same period. The survey was conducted in Spring 2021 and asked consumers to share their experiences with tech support scams for the year prior (January 2020 to present).

How face-off with Indian govt has boosted Twitter

How face-off with Indian govt has boosted Twitter

Rediff.com16 Jul 2021

Political controversies aside, Twitter's business in India is expanding, and creating opportunities for Indians, reports Neha Alawadhi.

'IPO won't change how Zomato operates'

'IPO won't change how Zomato operates'

Rediff.com16 Jul 2021

'We work with a very large restaurant base, we make sure that we're doing the right thing by them, and we're helping them grow because we'll grow only when they do.'

The Man in the Middle of the Twitter Storm

The Man in the Middle of the Twitter Storm

Rediff.com10 Jul 2021

When the Delhi police served him a notice in May for a case involving tagging some political leaders' tweets as carrying manipulated media, a spirited Maheshwari said he was employed by Twitter Communications Private Limited, and not Twitter Inc, and, therefore, could not help them. The authorities were understandably not pleased.

Insolvency proceedings against Oyo Hotels closed

Insolvency proceedings against Oyo Hotels closed

Rediff.com8 Jul 2021

The National Company Law Appellate Tribunal (NCLAT) on Wednesday closed insolvency proceedings against Oyo and one of its subsidiaries, and also disallowed the intervention of external parties including Federation of Hotel & Restaurant Associations of India (FHRAI). Industry body FHRAI said in May it has been allowed by the NCLAT to intervene on behalf of hotels in the Oyo unit insolvency case before the tribunal. The association had filed the application on behalf of its member hotels in India, who it said at the time are operational creditors suffering hugely on account of non-payments of debt by Oyo.

Restaurant body up in arms against Zomato, Swiggy

Restaurant body up in arms against Zomato, Swiggy

Rediff.com6 Jul 2021

Alleging "anti-competitive practices" by Zomato and Swiggy, restaurant industry body National Restaurant Association of India (NRAI) on Monday said it has approached fair trade regulator Competition Commission of India (CCI) for a detailed probe against the food aggregators. Keeping the interests of restaurants in mind, NRAI on July 1 had filed information with the CCI, it said in a statement. The main issues highlighted by the association in the submission are bundling of services, data masking, and exorbitant commission charged, price parity agreements, deep discounting, including forcing restaurant partners to give discounts to maintain appropriate listing, exclusivity of listed restaurants, and violation of platform neutrality, vertical integration, and lack of transparency on the food ordering platforms.

81% consumers back e-commerce rules, want clarity on services-based biz

81% consumers back e-commerce rules, want clarity on services-based biz

Rediff.com5 Jul 2021

As many as 81 per cent people support having rules for consumer e-commerce, but want more services-based platforms to have more clearly defined roles, a survey by community social media platform LocalCircles has found. The survey asked respondents to answer questions based on the recent draft Rules proposed by the ministry of consumer affairs. The responses found 81 per cent consumers wanting sales of products and services over electronic or digital networks to be governed by a set of electronic commerce rules.

Facebook removes over 30mn posts, most for violent content

Facebook removes over 30mn posts, most for violent content

Rediff.com3 Jul 2021

Facebook removed 25 million pieces of content identified as 'spam,' 1.8 million pieces of content containing 'adult nudity and sexual activity', reports Neha Alawadhi.

Clubhouse sets the trend for social audio apps in pandemic

Clubhouse sets the trend for social audio apps in pandemic

Rediff.com2 Jul 2021

From Twitter to Facebook to Spotify, everyone it seems is clambering aboard the social audio bandwagon. Neha Alawadhi reports.

India's digital economy to grow 10x to $800 bn by 2030

India's digital economy to grow 10x to $800 bn by 2030

Rediff.com1 Jul 2021

India's consumer digital economy which was pegged at $85-90 billion in calendar year 2020, is expected to become a $800 billion market by 2030, according to reports released by consulting firm RedSeer at its flagship event Ground Zero 5.0. The digital economy includes 60 per cent of travel, 40 per cent non-grocery retail, 30 per cent of education, 25 per cent of food and beverages services and 6 per cent of pharma/grocery going through digital channels by calendar year 2030. Online retail is set to become the third-largest market by scale by CY30 with an annual gross merchandise value (GMV) of $350 billion in CY30, said RedSeer.

Facebook, Google agree to publish transparency reports

Facebook, Google agree to publish transparency reports

Rediff.com30 Jun 2021

While Facebook said on Tuesday it will publish an interim report on July 2 as mandated by the IT rules, Google will publish its transparency report as required under the new IT Rules in India.

Facebook, Google agree to publish transparency reports

Facebook, Google agree to publish transparency reports

Rediff.com30 Jun 2021

While Facebook said on Tuesday it will publish an interim report on July 2 as mandated by the IT rules, Google will publish its transparency report as required under the new IT Rules in India.

UN's special rapporteurs ask govt to review new IT rules

UN's special rapporteurs ask govt to review new IT rules

Rediff.com19 Jun 2021

The submission was made by the UN Special Rapporteurs on the promotion and protection of the right to freedom of opinion and expression Irene Khan; on the rights to freedom of peaceful assembly and of association Clement Nyaletsossi Voule; and the right to privacy, Joseph Cannataci.

How to Defeat Pirates who STEAL Films

How to Defeat Pirates who STEAL Films

Rediff.com9 Jun 2021

Intelligent tools are being deployed to detect content pirated from OTT platforms.

Paytm to raise $1.5 bn via primary issue of shares ahead of IPO

Paytm to raise $1.5 bn via primary issue of shares ahead of IPO

Rediff.com8 Jun 2021

Paytm will look to raise up to $1.5 billion as part of primary share sale, leading up to its initial public offering (IPO), which is planned for November, a person familiar with the developments said. The company is looking to file its draft red herring prospectus (DRHP) by July, according to sources. According to this person, though the details of the listing are being worked out, Paytm may take the qualified institutional buyer (QIB) route to list and issue fresh equity to raise funds.

IPO-bound Paytm narrows losses to Rs 1,701 cr

IPO-bound Paytm narrows losses to Rs 1,701 cr

Rediff.com7 Jun 2021

As it readies for its initial public offering (IPO) later this year, digital payments firm Paytm is honing its strengths to remodel itself from being a payment wallet to becoming a financial services provider, and is working towards narrowing its losses, evident from its most recent Annual Report. Unlike many of its peers, Paytm has started expanding its merchant payment ecosystem. It has realised that though it can take the maximum share of the Unified Payment Interface (UPI) transactions, from a revenue generation point of view it will not have any impact.

Stock broking giant Zerodha's FY21 profit more than doubles to Rs 1,000 cr

Stock broking giant Zerodha's FY21 profit more than doubles to Rs 1,000 cr

Rediff.com31 May 2021

Zerodha will not raise external funds now or in the future, because it is profitable and has zero debt.

How start-ups, IT cos helping staff tackle Covid blues

How start-ups, IT cos helping staff tackle Covid blues

Rediff.com20 May 2021

As the deadly second wave of the Covid-19 pandemic rages on, startups and technology firms are realising the burnout effect it is having on employees. Many have shortened their work weeks to four days, while others have made provisions for more time off for employees to help them rejuvenate or care for loved ones.

Big relief for Indian IT as Biden administration removes H-1B visa curbs

Big relief for Indian IT as Biden administration removes H-1B visa curbs

Rediff.com20 May 2021

The US government has removed a regulation proposed by former president Donald Trump's administration that sought to narrow the definition of "specialty occupation" under the H-1B visa regime. The change comes as a relief for Indian information technology firms, which are among the largest users of such visas. "The Department of Homeland Security (DHS) has formally vacated a regulation that would have redefined the H-1B specialty occupation, restricted off site placement of H-1B employees, and otherwise increased employer compliance obligations. "The vacatur follows a federal court ruling that set aside the regulation because the agency did not have good cause to bypass notice and comment rulemaking, in violation of the Administrative Procedures Act," explained immigration law firm Fragomen.

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