By Arvind Panagariya, Columbia University While digital technology now touches most Indians, there is insufficient appreciation of how far India has come within a short period. Digital infrastructure has greatly reduced friction in transactions whether financial or otherwise. This infrastructure and what will be built on it in the near future promise significant productivity gains. […]
Dubai firm moves Bombay HC to block Netflix’s film on 26/11
A Dubai-based firm has moved the Bombay High Court to block Netflix from releasing the film Hotel Mumbai on the OTT entertainment provider’s platform in India on the grounds that it has the rights to release the film in the Indian market. According to a petition filed by Plus Holdings in the Bombay High Court […]
Amazon Prime Video to raise India game with original shows
Amazon Prime Video has unveiled a big line-up of original Indian shows, including the first multi-season tent-pole action thriller web series starring Bollywood A-lister Akshay Kumar, as it bets big on India, its largest and fastest-growing market globally. India has the biggest set of originals for Prime Video outside of the US, Jennifer Salke, head […]
New economy spending big on ad blockbuster
Amazon and Flipkart didn’t stint on advertising in 2018, with a combined expenditure of Rs 2,373 crore. That was more than what Procter & Gamble (P&G), Reckitt Benckiser and Godrej — among the country’s top 10 advertisers — spent in total. Hindustan Unilever was still the number one though, raising its ad spend 11% to […]
‘Website not found’ pop-ups leave Internet activists fuming
By Tushar Kaushik Internet activists are concerned over what they term as rising instances of websites being blocked by internet service providers (ISPs) and the government without citing any reason for doing so. Last year, the Ministry of Electronics and Information Technology (MeitY) blocked 2,799 URLs for allegedly hosting malicious content, marking a sharp increase […]
SoftBank fulfils its $350M promise made to Delhivery
SoftBank has completed its investment in logistics major Delhivery, having put in about $350 million into the Gurgaon-based company, in the process catapulting it into India’s growing list of startups with billion-dollar valuations. According to documents filed by the company with the Registrar of Companies, and accessed by business signals provider paper.vc, Delhivery has issued […]
Spectrum Enterprise Rolls Out Managed SD-WAN Service
News Spectrum Enterprise Rolls Out Managed SD-WAN Service By David Ramel 03/05/2019 Spectrum Enterprise announced the national rollout of a managed software-defined wide-area network (SD-WAN) service that leverages several next-gen technologies to serve enterprises and service providers. The new solution checks nearly every box in incorporating new-age, disruptive software-centric technologies and approaches that emphasize generic […]
StoreKing wants to leverage its distribution network for foray into financial services
StoreKing, a network distribution platform which operates in small towns and villages is betting on the financial services sector. After creating a network of retailers and distributors for smartphones and fast moving consumer goods, the company is looking to leverage its network to enable lending. “We are working with a few non-banking finance companies like […]
Facebook prohibits foreign-funded ads for Indonesia election
Facebook says it will not allow foreign-funded advertisements for upcoming presidential and legislative elections in Indonesia, the world’s third-largest democracy, hoping to allay concerns that its platform is being used to manipulate voting behavior. The announcement on Facebook‘s website said the restriction in Indonesia took effect Monday morning and is part of “safeguarding election integrity […]
IDfy launches video KYC and automatic masking to help companies undertake eKYC
Mumbai based digital authentication startup IDfy has launched a product which can mask or conceal an applicant’s Aadhaar number so that banks, fintechs, and telecom companies can use the document as a tool for doing KYC. Simultaneously, the company has also launched a video KYC mechanism for companies to be able to do KYC of […]