Infosys Chairman Nandan Nilekani said the merchant discount rate (MDR) would have trended to zero even if the government had not gotten involved and said payment providers in India should focus on budget payments that will help small merchants across the country. MDR is a fee that is levied by banks on merchants for the […]
Archives for 2020
How Walmart’s taking on Amazon, with help from Indian engineers
Amazon has hit almost every US retailer adversely. An exception has been Walmart. At over $500 billion in revenue, it remains more than twice as big as Amazon. In 2019, its share price rose 27%, much faster than Amazon’s and among the fastest in the Dow Jones index. The stock price surge actually began in […]
Delhi’s digital poll war: ‘Lage raho’ vs ‘Dil mein’
Digital campaigning for Delhi’s election scheduled on February 8 is a battle between the two most proficient political messengers on social media — BJP and AAP. A portacabin inside Delhi chief minister Arvind Kejriwal’s official Civil Lines residence is Aam Aadmi Party’s (AAP) digital headquarters. The messaging this time, says AAP’s social media head Ankit […]
Behind Amazon’s HQ2 fiasco: Jeff Bezos was jealous of Elon Musk
When Elon Musk secured $1.3 billion from Nevada in 2014 to open a gigantic battery plant, Jeff Bezos noticed. In meetings, the Amazon.com Inc. chief expressed envy for how Musk had pitted five Western states against one another in a bidding war for thousands of manufacturing jobs; he wondered why Amazon was okay with accepting […]
India is next playground for game development
India is becoming a development hub for games, opening up job opportunities in the sector. Currently, close to 23,000 gaming-based job openings are available, with salary packages ranging from Rs 3 lakh to a little over Rs 40 lakh, according to specialist staffing firm Xpheno. UBISOFT, 99Games, GSN, Moonfrog Labs, EA, Nazara Technologies, Octro and […]
German firm finds 1million files of Indian patients leaked
Nearly one million medical files and 107 million related medical images of Indian patients, including X-rays and scans, are freely accessible on the internet, an investigation by German security firm Greenbone Networks has found. The records and images include details such as patient name, date of birth and ID, name of the medical institution, ailment, […]
Revised IT intermediary rules in 2 weeks after law ministry’s nod
The government is expected to notify within two weeks the revised IT intermediary guidelines that seek to make social media companies more responsible for content on their platforms, two government officials told ET. The Ministry of Electronics and IT (MeitY) will seek the law ministry’s views on the validity of the provisions in the draft […]
Why 5G, AI and IoT combo will be so powerful for data analytics
Combining 5G, AI, and IoT will help companies collect more data, analyze it more quickly, make more accurate predictions, and rapidly take action. Thanks to its high bandwidth, low latency, and the ability to support higher end-point densities, 5G will allow companies to collect more data, analyze the data more quickly, make better predictions, and […]
Fighting the Coronavirus with Analytics and GIS
The World Health Organization has declared the coronavirus a global emergency. Here’s how governments and the general public are using analytics to track the outbreak. Enterprise IT and business teams may be looking for ways that analytics and machine learning can make a difference in their organizations. Maybe they’ve cherry-picked a few pilot projects to […]
IT Careers: 10 Job Skills in High Demand This Year
If you’re looking to add skills to your resume, experience with these technologies might help you land a new job or promotion. 1 of 11 At many organizations, the start of the new year coincides with the annual review process. As a result, this is a popular time to take stock of your career and […]