Around 38 per cent of all Internet users in India are 'heavy users' and on an average spend about 8.2 hrs per week on the Internet, according to the, I-Cube 2006 report by the Internet And Mobile Association of India and IMRB International.
This segment had an estimated market size of Rs 7,080 crore (Rs 70.80 billion) at the end of 2006-07 and is expected to grow at an average rate of 30 per cent in 2007-08. Among the various businesses, online travel segment leads the pack. It is expected to grow at the rate of 30 per cent and reach Rs 7,000 crore (Rs 70 billion) by the end of 2007-08.
'EV-charging is the next big opportunity after fuelling'
Online festival sales jumped by a whopping 117 per cent to Rs 115 crore (Rs 1.15 billion) from Rs 53 crore (Rs 530 million) in 2004-2005 as a larger number of Indians shopped via Internet during the 2005-06 festive season, a study reported.
Overall, India had 451 million internet users at the end of March this year, second only to China in terms of monthly active internet users, the Internet and Mobile Association of India (IAMAI) said in its report titled 'India Internet 2019'.
The government has created a comprehensive budget with sharp focus on sustaining economic activity and investment but more clarity is needed on areas like taxation framework for adopting remote working on a long-term basis, IT body Nasscom said on Monday. The industry association noted that the IT/ITeS (Information Technology-enabled Services) industry has been a key driver of growth and jobs in 2020 and there is an opportunity to significantly accelerate it further. "For the IT sector, one of the biggest needs ahead of us is the development of future business models, with hybrid working becoming a reality. "We look forward for the government to provide clarity on providing a framework in direct taxes and indirect taxes for the industry to adopt WFH/remote working on a long-term basis," Nasscom said in a statement.
They wanted to learn about the set-up and support entrepreneur there.
Under the partnership, Truecaller users in India will be able to see if a number is connected with a Twitter account, and will be able to tweet or follow a person directly through the Truecaller app.
Chandigarh is ranked second in both e-infrastructure and e-participation. Puducherry ranks after Chandigarh on the e-infrastructure index.
Company may look at 5-6 launches a year as the market for premium and niche products grows
It also plans to open 5 new centres across India in addition to its two fulfilment centres (FCs) in Mumbai and Bangalore.
As 4G internet completes coverage of the entire country, rural markets have become the primary generator of sales.
TaxiForSure's Aprameya Radhakrishna's new venture, Vokal, is a peer-to-peer content generation platform that is a cross between Reddit and Quora.
India now has 402 million internet users - second only to China.
Ratan Tata said he continued to feel the need to support young entrepreneurs who were keen to unleash the Indian tiger.
In the 15-24 age-group, time spent by women grew 110 per cent compared to 104 per cent by men.
The service is available in Bengaluru, Delhi, Mumbai, Kolkata, Noida, Gurgaon, Faridabad, Manesar, Navi Mumbai and Thane and will be scaled up to other cities soon
Intermediary platforms would take down content that violates the code of conduct in 'real time', once they receive a legal notice from the EC officers tasked with looking at content violations, reports Neha Alawadhi.
In order to check online child pornography, government has initiated steps to devise a mechanism to access Interpol's 'worst-of-list' through Central Bureau of Investigation and disable such content on internet.
'The major worry for everyone using Internet-linked devices today is whether the latest download on his smartphone or laptop is a bait from a digital hacker who is out to secure access to his hard-earned money,' notes T A Ramalingam, chief technical officer, Bajaj Allianz General Insurance.
India, which accounts for the third largest online userbase globally after China and the US, has had the lowest Internet penetration growth in Asia Pacific (APAC) at 17.4 per cent so far this year, research firm eMarketer said in a report.
The top five most mentioned Twitter accounts in tweets as on Thursday were those of Narendra Modi (@narendramodi) with 16,395 tweets, followed by @BJP4India (BJP's verified Twitter account) with 11,875, @RahulGandhi with 5,398, @INCIndia with 4,202 and @AmitShah with 3,496.
Post elections, the company has been making frequent visits to various ministries, including the IT ministry, commerce ministry, as well as different agencies to get the hang of things in the administration.
India is on its way to become a mobile app-first market and e-tailers and start-ups have begun their race to capture the next set of users in India - those who access vernacular content.
The Bill says that the central government, in consultation with the Data Protection Authority, can direct any data fiduciary or data processor to provide non-personal data to enable better targeting of delivery of services. The government can also ask data processors to provide data for formulation of evidence-based policies for its own use.
Private labels remain big business for e-commerce marketplaces. They comprise almost 15 per cent of the total business of such firms.
More than 100 million new users added in just one year; mobile internet usage seen as next frontier.
The Election Commission has called for a meeting with websites on November 18 to discuss the use of social media by political parties and candidates in the ongoing five-state elections.
No financial details were disclosed.
IAMAI in a statement, which represents digital businesses in India, said Trai's recommendation to formulate standards of anonymisation and de-identification was akin to putting the cart before the horse, and till such time the Srikrishna Committee submits the report, making these standards would be like groping in the dark.
New government should consider reforming taxation rules.
Fast paced growth in computer literacy and greater use of data on mobiles will help India's Internet economy grow to $200 billion or 5 per cent of the GDP by 2020.
With politicians boosting their social media presence in the poll season using fake online followers, Facebook has started cracking down on fraudulent accounts showing suspicious high number of 'likes'.
The number of Internet users in India is expected to rise 18.53 per cent in the coming eight months to reach 24.3 crore (243 million) by June 2014, on the back of higher adoption of mobiles as a means to access the Internet, a report said.
The online ad segment is expected to grow at a compounded annual growth rate of 25 per cent between FY'2011 to FY'2013.
Will the warning shots from giants like Unilever and P&G break digital growth?
Here's why a career in digital marketing in 2015 will be very lucrative.
Social media is the new advertising tool for today's politicians and political parties, says Viveat Susan Pinto
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