Internet And Mobile Association Of India
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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
•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
Facebook India's new MD Ajit Mohan might end up focussing more on regulatory challenges than market power
Narayanan Madhavan •What was thought to be one of the coolest jobs in India's corporate world is now a veritable hot seat.
SC upholds RBI circular prohibiting banks and financial institutions from providing services in cryptocurrencies
•Cryptocurrencies are digital currencies, in which encryption techniques are used to regulate the generation of the currency units and verify the transfer of funds, operating independently of a central bank
India far from having bridged the gender gap when it comes to internet usership in India: IAMAI
Tech2 News Staff •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.
Urgent need for data privacy law needed to ensure security of private and public data: Parliamentary panel
•As the country marches towards digitalisation, especially after demonetisation, it is necessary to have a sound consumer policy and data protection laws, the panel said.
India likely to become a $5 trillion economy in next eight-nine years
Ians •India is already ranked as the most active Internet user globally on a monthly basis. Digital transactions will touch $100 trillion in the next 10 years.
Niti Aayog Chief Executive Amitabh Kant believes that everyone in India will have a smartphone in next 5 years
Ians •As far as the start-up community goes, 'Make in India' initiative had brought in a paradigm change in the financial ecosystem.
Internet user numbers to reach up to 3.47 billion by year end; that's 46.8 percent of the global population
Ians •The number of Internet users in India is expected to reach 450-465 million, said the IAMAI and market research firm IMRB International prepared report.
Improvements in Internet speed spurring growth in the OTT sphere in India
Ians •Internet speed improvement in India over the last few months is spurring OTT sphere growth and may bring about a behavioural shift among Indian consumers.