Iamai

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Iamai - Total results - 67
Allow full operations of e-commerce companies as first step to normalcy, says industry body IAMAI
Business

Allow full operations of e-commerce companies as first step to normalcy, says industry body IAMAI

IAMAI said that e-commerce services can facilitate delivery from producers and sellers to more than 75-100 million active customers on various platforms across 19,000 pincode areas.

Proposed TDS levy on e-commerce transactions may impact working capital of businesses: IAMAI chairman
Business

Proposed TDS levy on e-commerce transactions may impact working capital of businesses: IAMAI chairman

The proposed levy of 1 percent TDS on e-commerce transactions announced in the recent Budget may seem like a harmless 'papercut' but could impact working capital of small businesses, Amit Agarwal, country head of Amazon India and Chairman of industry body IAMAI said on Wednesday

Cryptocurrency transactions opposed to protect integrity of banking system; no formal ban issued: RBI tells SC
Business

Cryptocurrency transactions opposed to protect integrity of banking system; no formal ban issued: RBI tells SC

The RBI said it had not banned cryptocurrencies such as Bitcoin in India, but only ringfenced regulated entities like banks from risks involved in the trading of virtual instruments.

Govt mulls offering more duty incentives to smartphone manufacturers to promote exports; plans 6% duty credit scrips
Business

Govt mulls offering more duty incentives to smartphone manufacturers to promote exports; plans 6% duty credit scrips

Accordingly, the government has set a goal to increase smartphone exports from the country to $110 billion by 2025 from $3 billion now, the report said.

Facebook gears up to invest in technology startups in India, move likely to give big boost to sector
Business

Facebook gears up to invest in technology startups in India, move likely to give big boost to sector

Referring to the ubiquitous startup milieu in the country, he said as many as two startups were getting registered every hour in the country.

Union Budget 2019:  IT industry, startups meet Anurag Thakur to discuss data protection, tax issues
Business

Union Budget 2019: IT industry, startups meet Anurag Thakur to discuss data protection, tax issues

Ahead of the Budget, representatives of the tech sector and industry bodies like Nasscom, IAMAI and MAIT met Minister of State for Finance Anurag Thakur on Saturday to discuss various issues, including tax structure, and share their views on strengthening the digital economy

TRAI consultation on OTT regulation: OTT shouldn't be regulated say some, while telcos call for sharing of infrastructure investment
India

TRAI consultation on OTT regulation: OTT shouldn't be regulated say some, while telcos call for sharing of infrastructure investment

A consultation took place to discuss if the services provided by the OTT players and TSPs are substitutable, then should OTT services also have the same licensing norms as the telcos

TikTok ban in India: SC order in line with past free speech decisions, but social media apps should self-regulate proactively
India

TikTok ban in India: SC order in line with past free speech decisions, but social media apps should self-regulate proactively

Supreme Court has directed the Madras High Court to pass an interim order on the ban by 24 April, failing which the ban on TikTok will be lifted

Draft e-commerce policy 'inimical' to govt's $1 trillion digital economy goal, will bring down FDI flows: IAMAI
Business

Draft e-commerce policy 'inimical' to govt's $1 trillion digital economy goal, will bring down FDI flows: IAMAI

IAMAI was also of the view that "the process of making the policy itself was less than inclusive and open" as compared to recent national-level policies

Yatra eyes over 20% growth in revenue over next 3 financial years as it strengthens presence across various verticals
Business

Yatra eyes over 20% growth in revenue over next 3 financial years as it strengthens presence across various verticals

Started in 2006, Yatra.com currently provides comprehensive travel-related services including domestic and international air ticketing, hotel bookings

Self-regulatory online content code may not serve interests of Indian consumers, creators
News & Analysis

Self-regulatory online content code may not serve interests of Indian consumers, creators

Signatories of this self-regulatory code include major players like Netflix, Hotstar and Jio.

IAMAI asks govt defer implementation of revised FDI norms for e-commerce
Business

IAMAI asks govt defer implementation of revised FDI norms for e-commerce

The Internet and Mobile Association of India (IAMAI) on Tuesday urged the government to defer the implementation of revised norms for e-commerce companies having foreign investments, as few provisions are unclear and onerous

Internet services sector may create 1.2 crore new jobs by 2022: IAMAI report
Business

Internet services sector may create 1.2 crore new jobs by 2022: IAMAI report

The IAMAI report expects the number of Internet users in the country to increase 1.6 times from 481 million at present to 762 million in 2022 due to the proliferation of affordable Internet connectivity

WhatsApp agrees on local data storage, as opportunities are bigger than obstacles
News & Analysis

WhatsApp agrees on local data storage, as opportunities are bigger than obstacles

WhatsApp has decided to fall in line with RBI's demand to store data in local storage silos.

E-commerce companies to deduct 1% TCS under GST from 1 October; 'unfair liability imposition' says trade body
Business

E-commerce companies to deduct 1% TCS under GST from 1 October; 'unfair liability imposition' says trade body

TCS provision would increase compliance burden for e-commerce companies but help government in checking tax evasion.

Digital commerce in India to reach Rs 2.37 lakh cr by December 2018; online travel industry growth strong at 54%: Report
Business

Digital commerce in India to reach Rs 2.37 lakh cr by December 2018; online travel industry growth strong at 54%: Report

The report is published by the Internet and Mobile Association of India (IAMAI) and IMRB Kantar, a market research and consumer consulting organisation.

Cross-border data flow to contribute to India's digital economy: Sundar Pichai
News & Analysis

Cross-border data flow to contribute to India's digital economy: Sundar Pichai

The step will benefit startups expand, and global companies to contribute to India’s digital economy.

Proposed Data Protection Bill to severely impact data collection, processing for startup industry, says IAMAI
Business

Proposed Data Protection Bill to severely impact data collection, processing for startup industry, says IAMAI

"With ease of doing business being still relatively difficult for startups, creation of an additional and complex regulator in the form of Data Protection Authority with ill-defined mandate will make things much more difficult for Indian tech startups,

Mobile internet users in India to reach 478 million by June 2018: Report
News & Analysis

Mobile internet users in India to reach 478 million by June 2018: Report

The report estimates that there are 291 million urban mobile Internet users and 187 million rural users as on December 2017.

India far from having bridged the gender gap when it comes to internet usership in India: IAMAI
News & Analysis

India far from having bridged the gender gap when it comes to internet usership in India: IAMAI

Based on the report prepared along with Kantar IMRB, both urban and rural population in India has witnessed a growth in internet users since December 2016.