Somesh Jha And Neha Alawadhi

Stories by Somesh Jha And Neha Alawadhi

NITI Aayog's artificial intelligence proposal gets FinMin's nod

NITI Aayog's artificial intelligence proposal gets FinMin's nod

Rediff.com   10 Sep 2019

NITI Aayog had been asking for Rs 7,500 crore for three years to set up an AI framework.

Digital frauds continue to plague Mastercard

Digital frauds continue to plague Mastercard

Rediff.com   8 Sep 2019

Mastercard recently launched an authentication product called Identity Check Express that enables customers to verify transactions on their own.

Zomato, Swiggy agree to resolve issues raised by restaurant body

Zomato, Swiggy agree to resolve issues raised by restaurant body

Rediff.com   4 Sep 2019

Zomato and Swiggy

Why your take-home salary may rise soon

Why your take-home salary may rise soon

Rediff.com   3 Sep 2019

The government wants to reduce the rate of contribution - part of the employee's share - for a class of workers depending upon age, income or gender, without changing the contribution from the employer's share.

Banks may seek your OK for fund transfer to your account

Banks may seek your OK for fund transfer to your account

Rediff.com   28 Aug 2019

Under the proposed mechanism, the finance ministry has said banks will notify customers when someone tries to deposit money in their accounts, a government official said.

No overtime without employee consent

No overtime without employee consent

Rediff.com   29 Jul 2019

The Bill states a worker will be paid twice his or her wage if he or she is allowed to work overtime. A majority of workers in India worked more than 48 hours in a week, which is higher than the International Labour Organisation's prescribed time-limit.

Garg leaves without signing off on Jalan panel report

Garg leaves without signing off on Jalan panel report

Rediff.com   26 Jul 2019

Garg had refused to sign on the report finalised by the former Reserve Bank of India governor Bimal Jalan-led committee reviewing the central bank's economic capital framework (ECF).

Anand Piramal invests undisclosed sum in e-commerce firm Snapdeal

Anand Piramal invests undisclosed sum in e-commerce firm Snapdeal

Rediff.com   24 Jul 2019

Snapdeal chief executive officer Kunal Bahl said Piramal's investment was a significant endorsement for the firm and the transformation the company has undergone over the last couple of years.

To ease compliance, govt plans major labour reforms

To ease compliance, govt plans major labour reforms

Rediff.com   24 Jul 2019

Single registration will be coupled with single licence, along with a single return, for executing projects for five years.

Govt to extend minimum wages to 100% of workforce

Govt to extend minimum wages to 100% of workforce

Rediff.com   24 Jul 2019

Under the New Code on Wages Bill 2019, employers will be required to give the minimum wages, notified by either the state or the Centre, to the unorganised sector, too.

Will private cryptocurrencies be finally banned?

Will private cryptocurrencies be finally banned?

Rediff.com   23 Jul 2019

A government panel said policymakers and regulators should have an open mind regarding the introduction of an official digital currency in India.

The riddle behind Oyo founder Ritesh Agarwal's $2-bn deal

The riddle behind Oyo founder Ritesh Agarwal's $2-bn deal

Rediff.com   22 Jul 2019

A deal, where a founder has brought back stake from early investors before an initial public offering, is unheard of in India or pretty much anywhere else, analysts pointed out.

TikTok parent plans international data centre in India

TikTok parent plans international data centre in India

Rediff.com   22 Jul 2019

The company has set an internal target of 6-18 months to set up the data centre. The plan is part of the $1 billion ByteDance has recently committed to the Indian market over the next three years.

Centre, 5 state govts gun for ban on TikTok, Helo

Centre, 5 state govts gun for ban on TikTok, Helo

Rediff.com   19 Jul 2019

Tamil Nadu, Telangana, Maharashtra, West Bengal and Gujarat are alarmed by the rising use of the app in smaller towns and hinterland, where it is increasingly being used for spreading hate messages and child pornography.

US firm to buy Yatra Online for Rs 2,327 crore

US firm to buy Yatra Online for Rs 2,327 crore

Rediff.com   18 Jul 2019

Ebix said the acquisition of Yatra would lend itself to significant synergies and the emergence of EbixCash as India's largest and most profitable travel services firm.

OYO forays into co-working spaces with two brands

OYO forays into co-working spaces with two brands

Rediff.com   17 Jul 2019

Each of the centres will have facilities such as Wi-Fi, air conditioning, free housekeeping services, locker facilities, and CCTV surveillance

Banks likely to freeze accounts of shell firms

Banks likely to freeze accounts of shell firms

Rediff.com   11 Jul 2019

Government suspects that many of these bank accounts were used to launder money, especially after the demonetisation in November 2016.

How to tackle facial recognition fraud

How to tackle facial recognition fraud

Rediff.com   3 Jul 2019

IIIT-D team builds algorithm that will help identify synthetic images.

Jal Shakti Abhiyan: How govt plans to tackle India's water woes

Jal Shakti Abhiyan: How govt plans to tackle India's water woes

Rediff.com   1 Jul 2019

The aim of the programme is to increase the water table in the stressed areas through dams, ponds, and afforestation. According to a NITI Aayog study, by 2030, the country's water demand is projected to be twice the available supply, implying severe water scarcity for hundreds of millions of people and an eventual 6 per cent loss in the country's GDP.

World Cup: Bookies go hi-tech

World Cup: Bookies go hi-tech

Rediff.com   27 Jun 2019

The police have almost no way of tracking the $200 billion plus money flowing online during this World Cup.