While Indian IT has known what is coming and has a strategy ready to combat it, the same can't be said about the country and the government.
Ramsomware, a kind of malicious software, is designed to block access to a computer until a certain sum of money is paid.
The footprints of Indian-origin corporate executives at multinationals is expanding, with Sandeep Kataria taking over the reins of footwear major Bata as its global chief executive officer. From FMCG majors to IT titans, Kataria joins the league of Indian-origin executives who have climbed the highest echelons of corporate across diverse sectors globally. From Nooyi to Pichai to Nadella, the list of such people at the helm of multi-billion dollar enterprises is long.
Former chairman of the UIDAI Nandan Nilekani, elucidates how Aadhaar could become the spine for alternative banking and could replace government services with cash benefits.
Those evading taxes could soon find tax officials at their doorstep, with a rather insightful account of their big purchases.
HDFC Bank managing director Aditya Puri says a little delay in monetary transmission is inevitable
India is on the brink of overhauling its tax system, implementing the BEPS project and seeing a further evolution of the GST at the same time as a general election. This makes 2019 an exciting and challenging year, note Maulik Doshi and Jigar Doshi.
Earlier in the day, Pichai announced Google would work with the Indian Railways
The company has decided to consolidate its delivery functions horizontally
Discussions are on in government about how to make the process simpler for the poor and more cost-effective for telecom operators, says Subhomoy Bhattacharjee.
The assessment of PMJDY should be done within the context of the programme.
Jio is now present in all of the 29 states.
Experts consider Sebi's takeover code in its present form to be on a par with any foreign code governing public mergers and acquisitions.
Tamal Bandyopadhyay details HDFC Bank's digital journey.
The RBI fell short of pumping Rs 150 billion into the economy at the beginning of 2018-2019.
'It is common knowledge that cash is anonymous.' 'When demonetisation was implemented, one of the intended objectives was to put identity on the cash holdings in the economy.' 'With the return of Rs 15.28 lakh crore in the formal banking system, the almost entire cash holding of the economy now has an address.' 'It is no more anonymous,' says Arun Jaitley.
A digital configurator comprising a three-dimensional graphics-based app will allow customers to choose specifications and align the output generated by the tool to company's back-end manufacturing.
Debit card use at POS terminals increasing at rapid clip, transactions at ATMs declining
GPS devices will enable real-time money transactions
Move to hasten rollout and, if successful, set a precedent for new banking firms.
Businesses coming to terms with Ind-AS (Indian Accounting Standards) implementation, GST can do without further uncertainty and costs, say N Sundaresha Subramanian & Sudipto Dey.
NBFCs are mainly dependent on funding their operation from their own cash flows.
'The banking sector appears to be on course to recovery,' declares the RBI governor.
OTT players like Netflix, Hotstar, and Voot are keen to find a common currency to measure viewership numbers and improve advertising options as well as content. Urvi Malvania reports.
By April, operational guidelines for the scheme will be finalised and shared with states
The senior Congress leader also said over 90 per cent of jobs are in the SME sector which requires an urgent push to boost the economy.
'While the poor have little say in shaping India's intellectual or public discourse, they do have a significant role in deciding political outcomes,' points out Roshan Kishore.
In October, the contribution through SIPs rose to Rs 79.85 billion, up 42% compared to the same month last year.
'Completely disregarding ground reports of starvation deaths owing to Aadhaar and potentially disguising these deaths to look like accidents appears brutal,' says Rajendran Narayanan.
While industry is upbeat, start-ups in the space sector are finding it difficult to cater to the demand due to a lack of funding, issues related to policy like foreign funding, intellectual property, etc, and a lack of support in testing.
She said that despite government scheme and initiatives ranging from roads to agriculture, housing, scholarships to electricity benefiting lives of people, a false narrative was being created by the opposition that the government was working for cronies.
The problem here is that internal auditors are good at accounts, but they are not trained to track foreign exchange transactions
As we find ourselves batting on a sticky wicket, every ball needs to be played on merit, says stockmarket wizard Motilal Oswal.
India's willingness to play a big role in the manufacturing and to allow some of those vaccines to go to other developing countries will be an absolutely critical part of containing the pandemic, said Gates.
'The government says the mortality rate among patients is 2 to 3 per cent, but in doctors it is 11 per cent, which is very high.'
SpiceJet has been most affected by the grounding of 737 Max 8 aircraft as it has 12 of them in its fleet.
'If your data is hacked you cannot go to court. Only UIDAI can go to court.' 'UIDAI is lying that Aadhaar is completely secure.'
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Banking as we know it will stand on its head in the next 10 years.
There has been a huge controversy over the Net neutrality issue.
The reasons behind a spate of forest fires in the hills this year, though, could be multi-fold.
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