Ruchika Chitravanshi &Amp;Amp; Neha Alawadhi

Stories by Ruchika Chitravanshi &Amp;Amp; Neha Alawadhi

Facebook removes over 30mn posts, most for violent content

Facebook removes over 30mn posts, most for violent content

Rediff.com   3 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.com   2 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.com   1 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.com   30 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.

At current rate, all Indians will be vaccinated by Sept 2022

At current rate, all Indians will be vaccinated by Sept 2022

Rediff.com   28 Jun 2021

865 million Indian adults require vaccination.

Dilution norms for large IPOs tweaked

Dilution norms for large IPOs tweaked

Rediff.com   21 Jun 2021

Easier dilution norms for mega initial public offerings (IPOs) have come into effect. Companies with post-listing market capitalisation (m-cap) of more than Rs 1 trillion will not be required to dilute a minimum of 10 per cent. The move to relax dilution norms is seen as a precursor to Life Insurance Corporation's IPO. The central government has said companies with an m-cap exceeding Rs 1 trillion will have to dilute Rs 5,000 crore and at least 5 per cent of their m-cap. Experts said the earlier framework discouraged large companies from listing since they were forced to offload a large volume of shares during the time of their IPO.

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

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

Rediff.com   19 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.

These 50 listed companies raised money from investors and 'vanished'!

These 50 listed companies raised money from investors and 'vanished'!

Rediff.com   14 Jun 2021

A number of listed companies are not to be found on their registered address. The stock exchange has also been unable to contact them through other means. These 50 companies had been suspended for violations for more than six months. The BSE had reached out to them with show cause notices in December 2020.

FAQ: Is it safe to take antibody cocktail for Covid-19?

FAQ: Is it safe to take antibody cocktail for Covid-19?

Rediff.com   10 Jun 2021

According to medical practitioners, the treatment is especially useful in controlling disease among those who have not received the vaccine or got only one shot and also the high-risk contacts of a patient.

How to Defeat Pirates who STEAL Films

How to Defeat Pirates who STEAL Films

Rediff.com   9 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.com   8 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.com   7 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.

Covishield produced more antibodies than Covaxin: Study

Covishield produced more antibodies than Covaxin: Study

Rediff.com   7 Jun 2021

The study by a group of doctors showed that after two shots of the vaccines, 98 per cent recipients of Covishield showed antibody response, while the same was 80 per cent among Covaxin recipients. Sohini Das and Ruchika Chitravanshi report.

Centre recommends 3-pronged strategy for states to unlock

Centre recommends 3-pronged strategy for states to unlock

Rediff.com   2 Jun 2021

States should ensure a weekly positivity rate of less than 5 per cent, vaccination coverage of at least 70 per cent among the vulnerable section, and community ownership of Covid-appropriate behaviour, reports Ruchika Chitravanshi.

Despite multiple Covid deaths, UP villages in denial

Despite multiple Covid deaths, UP villages in denial

Rediff.com   1 Jun 2021

Hardly anyone wears a mask and most brush off concerns over a pandemic. It is not just scepticism over the existence of the pandemic. A common refrain across villages is the fear of vaccines, reports Ruchika Chitravanshi.

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.com   31 May 2021

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

Paytm plans mother of all IPOs, to raise $3 billion

Paytm plans mother of all IPOs, to raise $3 billion

Rediff.com   28 May 2021

Digital payments provider Paytm is all set to make its market debut as early as this year, with an aim to raise $3 billion (around Rs 22,000 crore). If successful, this could be the biggest initial public offering (IPO) by an Indian company, breaking Coal India's 2010 record of Rs 15,475 crore. According to media reports, the board of One97, parent company of Paytm, is all set to meet this Friday to formally approve the IPO plan.

'India must do 7 million vaccinations a day'

'India must do 7 million vaccinations a day'

Rediff.com   22 May 2021

'If you approached it with that level of aggression in 100 days, you would have vaccinated more than half of your country.' 'On a mass scale you will be able to eliminate that wave.'

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

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

Rediff.com   20 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.com   20 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.