Biztech News

RBI ban on cryptocurrencies takes effect; prohibition could force investors to tap the black market
Business

RBI ban on cryptocurrencies takes effect; prohibition could force investors to tap the black market

Investors playing in virtual currencies (VCs) might take to a barter or tap the black market to continue trading in cryptocurrencies.

Petrol, diesel rates: Fuel prices reduced for sixth day in a row amid lower Brent futures
Business

Petrol, diesel rates: Fuel prices reduced for sixth day in a row amid lower Brent futures

Indian Oil Corporation has cut down fuel prices for the sixth consecutive day today (6 June, 2018)

IT firms will have to re-skill two million employees ahead of a full-blooded digital push; are they prepared?
Business

IT firms will have to re-skill two million employees ahead of a full-blooded digital push; are they prepared?

Two million existing IT employees need to be re-skilled on digital technology, and 1.5 million new IT employees need to be skilled by 2025.

Flipkart shareholders barring SoftBank Group agree to sell stake to US retail giant Walmart
Business

Flipkart shareholders barring SoftBank Group agree to sell stake to US retail giant Walmart

Key shareholders of Indian e-commerce player Flipkart have reportedly agreed to sell their stake to US retail giant Walmart.

True tech power comes from harvesting patents: ISRO, Cipla and Biocon show the way for future entrepreneurs
Business

True tech power comes from harvesting patents: ISRO, Cipla and Biocon show the way for future entrepreneurs

Is there an entrepreneur out there who has the money and the audacity to gamble on a new future? India could do with some audacious private entrepreneurs.

Startups in India fail to move the needle; things could change if firms can draw on research
Business

Startups in India fail to move the needle; things could change if firms can draw on research

Only a critical mass of researchers, who become entrepreneurs, consultants and manpower for the industry can bring about a change.

Tech needs a MAD formula: It is time for India to make the transition from 'dukandar' to disruptor
Business

Tech needs a MAD formula: It is time for India to make the transition from 'dukandar' to disruptor

Most firms pivot to a more acceptable model that can be funded, or become a services company, or succumb to greener pastures elsewhere.

Tech nationalism is a complex game; a ‘swadeshi index’ may support the right Indian startups
Business

Tech nationalism is a complex game; a ‘swadeshi index’ may support the right Indian startups

When is a company Indian? Is it by who it serves, who or how many it hires, the origin of the person who runs it, or who owns it?

Visionaries or 'employeepreneurs'? India's tech unicorns hide weaknesses that deserve a hard look
Business

Visionaries or 'employeepreneurs'? India's tech unicorns hide weaknesses that deserve a hard look

Do post-1991 tech startups rooted in India deserve a treatment similar to what post-1947 steel or cement makers received?

Blockchain technology heralds an 'internet of value'; govt and firms should hop onto the bandwagon: Tapscott
Business

Blockchain technology heralds an 'internet of value'; govt and firms should hop onto the bandwagon: Tapscott

Blockchain technology creates a platform that mirrors all your data and can help you monetise it.

Facebook crisis holds lessons for India and Aadhaar: we need multi-pronged regulation to ensure fair play and innovation
Business

Facebook crisis holds lessons for India and Aadhaar: we need multi-pronged regulation to ensure fair play and innovation

India needs internet user education akin to what market regulator Securities and Exchange Board of India (SEBI) does for investor education.

Right or Left? Home or away? The time has come for India to talk double-edged tech nationalism
Business

Right or Left? Home or away? The time has come for India to talk double-edged tech nationalism

Can a nation of one billion people build a global tech giant even as new frontiers of technology arrive?

Narendra Modi is my favourite entrepreneur, says Uber CEO Dara Khosrowshahi; admires his commitment towards progressive reforms
India

Narendra Modi is my favourite entrepreneur, says Uber CEO Dara Khosrowshahi; admires his commitment towards progressive reforms

Uber CEO Dara Khosrowshahi has described Prime Minister Narendra Modi as his favourite entrepreneur saying he admires Modi's entrepreneurial skills

Leveraging artificial intelligence to make e-commerce platforms more accessible to consumers
Biztech

Leveraging artificial intelligence to make e-commerce platforms more accessible to consumers

The e-commerce landscape is exploding with the world players joining the battle with home grown startups.

Will act against social media firms on Blue Whale game: IT minister Ravi Shankar Prasad
Business

Will act against social media firms on Blue Whale game: IT minister Ravi Shankar Prasad

Govt on 11 August had directed Google, Facebook, Whatsapp, Instagram, Microsoft and Yahoo to immediately remove the links to dangerous online game Blue Whale Challenge, which has led to suicide of children in India and other countries

Emotion Artificial Intelligence will personalize interactions
Biztech

Emotion Artificial Intelligence will personalize interactions

Emotion-sensing systems will appear in devices as a result of the rise of intelligent agents, such as virtual assistants.

Aiming at SMBs, US tech giant Oracle opens Asia-Pacific region's first 'Digital Hub' in Bengaluru
Biztech

Aiming at SMBs, US tech giant Oracle opens Asia-Pacific region's first 'Digital Hub' in Bengaluru

In addition to the simplified buying experience, Oracles Digital Hubs will provide a complete suite of cloud applications, platform, and infrastructure services as both stand-alone services and as bundles.

Blockchain records should originate from a timeless source to make the system foolproof
Biztech

Blockchain records should originate from a timeless source to make the system foolproof

The timeless nature of information stored in blockchains not only makes it auditable at any given time but also contributes to building trust among users.