While most banks in India store all this data on Indian servers in their core banking systems, the current directive addresses new-age payment and fintech companies operating in the space
Both are focused on the overall transportation business, in which taxi services are only a part; the extended ambit includes autos, motorbikes, cycles, electric vehicles, water transport as well as food delivery services, says Surajeet Das Gupta.
The big advantage that Jio is able to garner currently is its low cost of operations.
'I feel more like a chess player, thinking for long hours how to make the next move," Telecom Secretary Aruna Sundararajan tells Surajeet Das Gupta.
'The smartest businessmen are shopkeepers as their return on investment is better than anyone else.'
Customers won't shift to electric cars until there is countrywide infrastructure for charging stations, which should be as spread out as petrol pumps now. Two, the price of the lithium ion battery, which constitutes 30 to 40 per cent of the cost of an electric car, has to fall substantially, so that the vehicle is as affordable as a gasoline one.
They can carry huge amounts of data, have a lot of bandwidth, but operate at short ranges, between 200 metres and 2-3 km reports Surajeet Das Gupta
The proposed Road Transport and Safety Bill, likely to be cleared by the Union Cabinet next week and introduced in Parliament in its current session, seeks to make Indian roads safer by imposing hefty penalties for violation of traffic rules.
Many of the industrialists profiled in the book are no longer riding the wave of success.
Just an hour or so from the ones we commonly throng to, they promise a lot more for a lot less.
Domestic airports across the country are bursting at the seams. And new ones are stuck.
The IPL has the potential to make cricketers among the best paid athletes in the world if you look at what they will earn per hour.change that.
The future certainly looks good for Bangalore.
It all started from Mumbai. Now, Khan's fan base has spread from the US, UK and West Asia to Malaysia, Indonesia, Japan, Germany, Egypt, Jordan, Morocco, Kuwait and Palestine. Of the top 10 Bollywood movies that earned the most overseas, seven had Khan in them.
Rahul Khullar, Trai chairman beleives politicians and corporates who own media houses should give freedom to editors.
A glance back at some of the important ups and down Indian Inc faced in 2018.