Technology

The digital payments market in India is expected to grow to $1 trillion by 2023 driven by spurt in mobile payments, presenting huge business opportunities for players in the digital space, said a...
Aug 03, 2018
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It may not always be the hot topic on the table at financial planning meets, but a closer look reveals that employee benefits may be worth a second look. When we get down to brass tacks, it’s...
Aug 01, 2018
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A 10-member committee on data protection, headed by Justice (retired) B N Srikrishna, has suggested changes in various laws including the Aadhaar Act to ensure protection of citzens' data.  ...
Jul 30, 2018
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The Government of India should work to drive cross-border collaboration with countries leading in AI (artificial intelligence) research, suggests a joint study by Assocham and PwC.    As per it...
Jun 19, 2018
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Banks will have their task cut out in the coming years, According State Bank of India, the country’s largest public sector bank, it will be a very challenging time for banks and not only because...
Jun 12, 2018
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The thrust by banks, regulators and the government to motivate citizens for digital payments is finally paying off, with cashless transaction contributing to 7 per cent of GDP from 2.5 per cent...
Jun 06, 2018
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NITI Aayog, on Monday, released a discussion paer on National Strategy for Artificial Intelligence. The aim is to leverage transformative technology to supplement human intelligence and thus ensure...
Jun 05, 2018
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The use of Artificial Intelligence (AI) and robotics at workplaces is expected to double in India in the next three years from current 14 per cent to 27 per cent – which is higher than the global and...
May 24, 2018
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Global technology major IBM feels there is a huge gap in the demand and supply of cybersecurity professionals in the country.   The software company calls upon the young graduates to aspire for...
May 14, 2018
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The US, Japan and Singapore have opposed India's call for data regulation and servers being located in the country.   They say government intervention will encroach upon data privacy. Experts...
May 04, 2018
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The Department of Telecom has unveiled the draft of National Digital Communications Policy – 2018.   A 22-page document has been put before public domian to seek their comments.   The...
May 02, 2018
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Cryptocurrencies like bitcoins are most likely to continue facing regulatory obstacles in the near term, according to ratings agency Moody's Investors Service.   In its report on fintech and...
Apr 26, 2018
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The telecom regulator is likely to seek more powers, in order to regulate the flow of data from users to app makers.   People aware of the matter told ET that Trai might ask for an amendment to...
Apr 11, 2018
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American researchers are proposing the creation of a public, open-source network that uses blockchains to share verifiable manufacturing data.    Most people associate blockchain with...
Apr 11, 2018
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This week, three Indian factoring exchanges and the American blockchain technology firm MonetaGo announced launching of a full-fledged blockchain. The yet-unnamed blockchain, built on HyperLedger...
Apr 09, 2018
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The industry body Assocham has asked the Reserve Bank of India to put in safety mechanism to ensure safety of the data trail that the cryptocurrency can leave, as it changes hands through a range...
Apr 09, 2018
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A UK parliamentary committee has accused Facebook of misleading MPs by downplaying the risk of users’ data being shared without their consent and said it wanted Facebook chief Mark Zuckerberg to...
Mar 19, 2018
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Infosys will set up a new technology and innovation hub in Hartford, Connecticut, and hire 1,000 American workers in the state by 2022.   Last year, Infosys had announced setting up four such...
Mar 15, 2018
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WhatsApp is trying out a payment service called WhatsApp Pay that will let its more than 200 million Indian users transfer money to each other.    Credit Suisse Group AG estimates the Indian...
Mar 14, 2018
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Elon Musk has said that bases on the moon and Mars could help preserve human civilization and hasten its regeneration on earth in the event of a third world war.    Musk said that his rocket...
Mar 12, 2018
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McKinsey & Co. is rolling out a capability-building concept for the manufacturing industry called The Model Factory in a Box (MFIB) in India. This ‘portable factory’ will enable businesses to...
Mar 06, 2018
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The role of today’s CFO extends way beyond the mandate of traditional financial management into more strategic areas of business. The new responsibilities make it crucial for CFOs to have...
Mar 04, 2018
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Craig Wright, the self-proclaimed inventor of bitcoin, has been accused of swindling more than $5 billion worth of the cryptocurrency and other assets from the estate of a computer-security expert...
Feb 28, 2018
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Ransomware grew 300 per cent in 2017 in comparison to 2016 and in the current year such attacks are set to become even more vicious, according to Quick Heal’s "Annual Threat Report - 2018".   ...
Feb 27, 2018
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Punjab National Bank is reported to have been hit by the data breach, with around 10,000 credit or debit card affected by it.   The unearthing of financial fraud worth Rs 11,400 crore at PNB by...
Feb 23, 2018
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The next generation blockchain technology can help in reducing cost of transactions in various government schemes, a joint report by  FICCI and PwC has said.    "By removing the need for third...
Feb 21, 2018
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The Department of Financial Services under the Ministry of Finance will hold talks with the information technology team of all public sector banks (PSBs), in wake of fraud worth Rs 11,400 crore...
Feb 20, 2018
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The Ministry of Electronics and Information Technology (MeitY) is working on a project to provide security to the government and non-government agencies against cyberthreats.   The Centre for...
Feb 15, 2018
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Cryptocurrencies have the potential to be like ponzi schemes and they pose a threat to the financial stability of the country, said former economic affairs secretary Shaktikanta Das.  ...
Feb 13, 2018
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Sebi chairman Ajay Tyagi has called upon the government to come out with regulation on cryptocurrencies without much delay.   “The day Budget was presented, on the next day itself we have...
Feb 12, 2018
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Forrester's latest India tech market outlook has said that technology spending in India will  grow by 12 per cent this year. Software spending is likely to be about 11 per cent of the country's...
Jan 31, 2018
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The credit rating agency Crisil said it expects the share of digital services1 in Indian’s information technology (IT) exports to double to about 30 per cent by 2020, with the segment growing at a...
Jan 29, 2018
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On 24 August 2017, in a historic judgment, a nine-judge bench of the Supreme Court ruled that right to privacy is a fundamental right, while hearing a case on the legality of Aadhar.    “We are...
Jan 25, 2018
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India recorded the highest incidence of fraud, cyber and security risks during 2017, a study by Kroll said.   The survey was conducted among the senior corporate executives worldwide to prepare...
Jan 24, 2018
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A year ago in Oslo Air­port I checked in to an SAS flight. One airline kiosk issued a boarding pass, another punched out a luggage tag, then a computer screen showed me how to attach it and another...
Jan 19, 2018
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The World Economic Forum (WEF) has warned that cybersecurity threats are outpacing the abilities of the governments and companies to overpower them unless there’s cooperation from all stakeholders...
Jan 15, 2018
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Most organisations have a presence on social media today in order to capitalise on its potential as an inexpensive, large-scale communication tool — whether it is to further a cause, generate...
Jan 05, 2018
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In a move that promises to redo the digital landscape, the Federal Communications Commission (FCC) has unveiled a plan to dismantle landmark regulations that ensure equal access to the internet...
Nov 23, 2017
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Automation is expected to increase further in 2018, making nearly 70 per cent of the Indian workforce irrelevant.  Tech analysts say that this will impact future hiring in India, where around 65...
Nov 15, 2017
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The following article is based on a panel discussion during the annual CFO Conclave held between 15 and 17 September. The panellists were(L to R) Rishabh Kaul, Co-founder, Belong.co; Alok Bajpai,...
Nov 09, 2017
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Senior IT industry officials expect Indian IT companies to do better in 2018, as reports indicate that the US economy is doing well. Former CFO of Infosys, V Balakrishnan, said their ability to grab...
Oct 24, 2017
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According to Seqrite Cyber Intelligence Labs, around 6,000 Indian government and private organisations have been affected by a cyber security breach. Seqrite Cyber Intelligence Labs, and its partner...
Oct 04, 2017
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The National Association of Software and Services Companies (NASSCOM) has welcomed the resumption of fast processing of visas by US.    However, it has called for focus on new technologies,...
Sep 20, 2017
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Even as Infosys struggles to put behind acrimony between founders and former Board members, the company says it is engaging with shareholders to ensure high governance standards.   The founders...
Sep 04, 2017
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The businesses in India are increasingly becoming war of the security breaches. They are investing in a big way to ensure that the detection and response system are kept in place.    According...
Aug 30, 2017
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The Infosys investors are demanding for co-founder Nandan Niklekani's return.    It is said that the move will bring back confidence among investors and boost employee morale.    According...
Aug 24, 2017
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LinkedIn, the business-oriented social networking service now owned by Microsoft, has launched its 'made in India' LinkedIn Lite mobile app for Android users in India. The company launched the...
Jul 21, 2017
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Do you check your bank account or share your pictures and videos using public Wi-Fi? Beware! According to a report by Symantec, a whopping 96 per cent of Indians have put their personal information...
Jul 20, 2017
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The Government of India has started working on the new telecom policy. Before finalising the policy, it will seek views of the public.   The department wants to make the policy consumer-centric...
Jul 06, 2017
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Jayantha Prabhu, Group CIO, Essar Group and Head of India Business, AGC talks to CIO&Leader, keeping the Vision 2020 in perspective. Excerpts from the interview:   Q: Scenarios that are...
Jun 21, 2017
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