The goods and services tax (GST) will require attention from the new government that comes in later this week. First, GST must improve its coverage. Today, real estate and electricity are outside its ambit. While the Centre and states have decided to delay bringing petroleum formally under GST, they have agreed to continue levying excise […]
KOLKATA: The Delhi High Court has dismissed Reliance Jio Infocomm’s appeal against an order quashing the telecom regulator’s decision to cut a key porting fee by nearly 80%. This paves the way for mobile number portability service providers Syniverse Tech and MNP Interconnection to claim Rs 120 crore of dues from telcos. The Mukesh Ambani-led […]
SAN FRANCISCO: Google is quietly keeping track of every single purchase you have made in years, thanks to purchase receipts sent to your personal Gmail account. According to a report in CNBC on Friday, the information is made available to users via a private web tool which, the company claims, keeps your data private. Google, […]
NEW DELHI: The telecom watchdog is considering regulation of over-the-top (OTT) apps that stream TV channels, such as Hotstar, Airtel TV and Sony Liv, to bring them under a licensing framework similar to the one for broadcasters. Trai, which recently introduced new tariff rules aimed at making television viewing more affordable, now plans to focus […]
KOLKATA: The Reserve Bank of India told non-banking finance companies with assets size of over Rs 5,000 crore to appoint a chief risk officer to improve standards of their risk management. “With the increasing role of NBFCs in direct credit intermediation, there is a need for NBFCs to augment risk management practices,” the central bank […]
BENGALURU: WhatsApp, the popular end-to-end encrypted owned by Facebook, has asked users to update to the latest version of the app following the discovery of a spyware to be injected into a user’s phone through its phone calling feature. The spyware was developed by the Israeli cyber intelligence company NSO Group, according to a news […]
Reliance Jio has launched an application called JioRail for its JioPhones. The app will allow customers to book and cancel tickets by using debit cards, credit cards and e-wallets, check PNR status, train information, timings, routes, seat availability and several other services. Available on the Jio App Store, the JioRail app also allows Tatkal booking […]
MUMBAI: General insurance company HDFC Ergo and technology major IBM have jointly set up a lab in India to run deep analytics on customer data and subsequently develop customised solutions to improve business efficiency and profitability. The ‘IBM Garage’ with a team of 25 experts, including data scientists, technology architects and design engineers from IBM […]
The Supreme Court on Monday refused to advance the timing of polls from 7 a.m. to 4.30 a.m. or 5 a.m. for the seventh and last phase of the Lok Sabha polls, considering the heat wave and that it is the holy month of Ramzan during which Muslims fast during the day time. A Vacation […]
Bharti AirtelNSE -1.59 % has scrapped its low-valued postpaid plans of less than Rs 499 across circles and halved the total number of its offers for this higher-paying user segment to four, to boost its revenue per user, lower costs, and improve profitability. The Sunil Mittal-led mobile operator has now made Rs 499 the entry […]
Congratulations Apple fans, you’re about to get the first official Apple store in India. Reports indicate the company has finalised a short list of locations where the store may open up. And good news for Mumbaikars, it’s going to be somewhere in your city. The iPhone maker has reportedly picked a few upscale sites in […]
It’s only natural people worry about the sanctity of elections. They are after all trying to pick their policymakers. But since the Cambridge Analytica scandal, we’ve gotten warier of interference in general. So Satya Nadella’s Microsoft has just released a software kit it thinks could help us rest easy. At the Build 2019 developer conference […]