The logo of India’s e-commerce firm Flipkart is seen in this illustration picture taken January 29, 2019. REUTERS/Danish Siddiqui/Illustration Flipkart is in talks with a host of offline retailers as well as distributors of Samsung, Xiaomi and FMCG products to enrol them as sellers on its platform, to push sales while staying within the new […]
Archives for February 2019
Amazon Retail ups ‘pantry’ play after clarity on FDI
Amazon has scaled up its wholly owned food retail business, Amazon Retail India, as the main seller of food and grocery products on the marketplace’s online supermarket, Amazon Pantry. This follows the government having clarified that companies with foreign direct investment (FDI) in food retail can continue to sell through ecommerce, two senior industry executives […]
While Indian tech cos support Intermediary Guidelines, US firms stand opposed
Indian and US technology companies were sharply opposed in their responses to the government’s proposal to amend intermediary guidelines that dilute safe harbours given to internet platforms in order to curb fake news and rumours. Reliance Jio, Sharechat and Indiatech.org, which represents Indian companies such as Hike, Ola and MakeMyTrip, supported most of the amendments, […]
Key Amazon seller Cloudtail returns in a new avatar
Cloudtail, the largest seller on Amazon’s India website that suspended operations about a week ago, is making a comeback on Thursday after restructuring its ownership so that it is no longer a group company of the marketplace. NR Narayana Murthy’s Catamaran Ventures has increased its stake in Cloudtail’s parent company Prione Business Services to 76% […]
Congress unit says intermediary guidelines violate fundamental rights
The All India Professionals’ Congress, a unit of the Congress party, registered its protests to the government’s proposal to mandate social media companies to trace messages back to the originator and assist law-enforcement or take down content without a judicial order, calling it violative of the fundamental rights to privacy and freedom of expression. The […]
India is wise to curb big tech’s monopolistic ways
By Vivek Wadhwa PayPal co-founder Peter Thiel openly exposes one of tech industry’s darket secrets: it likes to build monopolies. Competition is for losers, he says, because it limits profits. He posits capitalism and competition as opposites, on the basis that “capitalism is premised on the accumulation of capital, but under perfect competition, all profits […]
Policy should be consistent, else it creates havoc: Binny Bansal
One of the country’s top Internet entrepreneurs, Flipkart cofounder Binny Bansal, denounced the revised framework for foreign investment in the Indian ecommerce sector, saying small startups and early-stage companies were being adversely hit by the new rules. The new regulations come in the way of innovation and company creation, along with being a deterrent for […]
What are Data Manipulation Attacks, and How to Mitigate Against Them
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Lack of collaboration between IT and business hindering digital transformation
A report by BMC Software has revealed that business success is being impacted by a lack of collaboration between IT departments and business decision makers. More than four in ten of businesses hold the IT department accountable if something goes wrong during the digital transformation process, despite two-thirds of businesses claiming they don’t ask for […]
Exclusive: European Microsoft 365 outage sent Department for Education’s IT into “meltdown”
The Department for Education (DfE) endured a 12-hour IT nightmare as a result of last month’s European-wide Microsoft 365 outage. The government department’s IT systems were paralysed on 24 January, with more than 6,000 of its employees locked out of their cloud-based Microsoft and email accounts, according to a DfE source, Cloud Pro has learnt. Crisis meetings […]