The National Company Law Appellate Tribunal on Wednesday declined to grant interim relief to Google seeking a stay on competition watchdog CCI's penalty of Rs 936.44 crore on the tech giant for abusing its dominant position with respect to Play Store policies. The appellate tribunal has directed Google to deposit 10 per cent of the fine before its registry in the next four weeks. A two-member bench comprising Justice Rakesh Kumar and Alok Srivastava issued notices to the Competition Commission of India (CCI) and other respondents and posted the matter for hearing on April 17, 2023.
Zomato is on an acquisition spree, has taken over 5 firms in the past one year.
Digital democracy is the essence of India and Digital India is the destiny of India," Prasad said at the inaugural session of myGov's two-year anniversary celebration.
After failing to get a court order to block an antitrust ruling, Google on Wednesday said it will allow users in India to choose default search engine on Android-based smartphones. As part of the key changes the tech giant will make to its platforms and business in India in the aftermath of the landmark CCI ruling, OEMs (Original Equipment Manufacturers) will be able to license individual Google apps for pre-installation on their devices. Google is also updating the Android compatibility requirements to introduce changes for partners to build non-compatible or forked variants, the company said in its blog.
Nandan Nilekani complimented RBI on granting licenses to payments banks, calling it 'a great revolution'.
The government on Thursday tabled the Digital Personal Data Protection Bill 2023 in the Lok Sabha with an aim to protect the privacy of Indian citizens, while proposing a penalty of up to Rs 250 crore on entities for misusing or failing to protect digital data of individuals.
Mastermind Shrinivas Rao Dadi, 49, who has sound technical knowledge despite limited education, was taken into custody by a team of Bangur Nagar police station from a plush hotel in Hyderabad, the official said.
The artificial intelligence-based system aims to authorise cashless claims within 60-90 seconds and bring the turnaround time for investigations down to a one day, or even a few hours.
For people with disabilities, a mobile application called 'Saksham' has been introduced, which they can login to and choose the option to vote.
A 30-year-old man, who had kidnapped a child and taken the ransom via UPI on his mobile wallet, has been arrested by the Noida police who used his digital footprints to trace him, officials said on Monday.
PEs and VCs are taking a closer look at their bouquet of investments. Leading voices in the sector are categorical that cash-burn rates -- that's blowing up equity to acquire market share -- as a business model can't continue to be the polestar.
In its blog post, Google put any initial failures down to the launch jitters and said it will improve over time.
TRAI seeks views to regulate net-based calling, messaging apps
The district administration in Shillong also clamped curfew in areas under two police stations in view of the 'serious' deterioration of law and order.
For many the resumption of trains is a big boon, but some say it doesn't come without confusion and worries
There will be no charge for RuPay credit card use on Unified Payments Interface (UPI) for transactions up to Rs 2,000 in line with the RBI direction, a recent NPCI circular said. RuPay credit card has been operational for the last four years, and all major banks are enabled and are issuing incremental cards for both commercial and retail segments. "During credit card on-boarding on the apps, the device binding and UPI PIN setting process shall include and be construed as customer consent for credit card enablement for all types of transactions," the circular dated October 4 said.
FINDIT will provide access to information on 175,000 business listings.
'A lot of first-time users who have entered the markets after Covid are increasingly investing in mutual funds, exchange-traded funds, and stocks for their long-term goals.'
Taxi booking, shopping and transfer of money will be easy.
The death of a 20-year-old engineering student on a railway track in Raisen district of Madhya Pradesh has left the police baffled due to a chilling WhatsApp message talking about the "beheading punishment for disrespecting Nabi" (Prophet Mohammed) sent from his mobile phone shortly before his death.
536 new malware families and a further 616 new variants affecting the Android platform were detected.
As incessant rains lashed Mumbai and Maharashtra, life was thrown out of gear with delay in train and flight services causing great inconvenience to passengers.
In India, TikTok unleashed creativity in people like never before until it was unceremoniously banned in June 2020, leaving them heartbroken.
The I-T department's app is useful for those looking for information, grievance redress, and resolving PAN- or TAN-related issues.
There is no plan to direct over the top (OTT) communications players who generate large amounts of traffic to give a 'fair and proportionate' share of their revenues to telecom network operators, the communications ministry has said. A senior official allayed any such apprehension by saying: "We have no proposal of this kind or anything like this which we are working on. "There is no fresh reference on this matter to the regulator (Trai)," he said. The ministry's view is significant as telecom network operators have been escalating this issue since July when Trai issued a consultation paper called 'Regulatory Mechanism Over OTT Communication Services and Selective Banning of OTT Services'.
A new bluetooth-enabled wearable ring allows users to check smartphone alerts and manage incoming calls right from their finger.
Non-scheduled commercial flights are being arranged and this operation will begin from May 7 in a phased manner.
The NCLAT on Wednesday upheld the orders of the fair trade regulator CCI imposing a penalty of Rs 1,337.76 crore on tech major Google in the Android mobile devices case, with some modifications.
Sports Minister Rajyavardhan Singh Rathore on Wednesday said the Khelo India initiative, which focussed on infrastructure development till now, will look to ensure all-round growth in its revamped form.
The Delhi Police has arrested a 30-year-old man and detained one more in connection with writing pro-Khalistan messages on the walls of four Delhi Metro stations ahead of the G20 Summit, officials said.
Prime Minister Modi also made a veiled reference to China, saying the global order is based on the respect for the principles of the UN Charter, peaceful resolution of disputes, and respect for sovereignty and territorial integrity.
The comments assume significance as social media companies are facing the deadline of May 25 to comply with the new guidelines for digital platforms.
In a first of its kind move, the Indian Railways Catering and Tourism Corporation (IRCTC), the ticket booking arm of the Indian Railways, is looking to monetise its bank of passenger data while conducting business with private and government companies. IRCTC has a large bank of data related to every online railway ticket ever generated as it is the country's only railway ticketing platform, an IRCTC official told Business Standard. The public sector undertaking, which has sought the services of a consultant to assist with the monetisation process, plans to raise Rs 1,000 crore through this exercise.
India's mutual fund (MF) industry had barely any retail footprint when it completed 50 years in 2013. MFs had Rs 7 trillion in assets under management (AUM) in March 2013, of which around Rs 5 trillion was in institution-focused debt funds. By comparison, bank deposits in the country stood at Rs 67.5 trillion around the same time.
If you think nobody will ever try to breach your data online get out of your shell. NOW!
Tripti Rai explains the unique features of Bharat Interface for Money (BHIM) app developed by the National Payment Corporation of India.
Not only is this hidden from the user, it's often unrelated to the app's purpose.
The Aadhaar-enabled payment system, or AEPS, allows consumers who don't have smartphones or debit cards to perform basic banking transactions like cash deposit, cash withdrawal, intrabank or interbank fund transfer, balance enquiry and obtaining a mini statement through biometric authentication at micro-ATMs.
Kalyani Khona is helping the disabled find love.
No proof, no document, no biometric will be needed under it as NPR will be conducted through self-certification, said the minister.
