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    Indian govt issues FDI guidelines for ecommerce companies; Blow to Amazon and Flipkart

    Govt has clarified on FDI issues for ecommerce companies and here is a quick summary: 100% FDI under automatic route is permitted in marketplace model of e-commerce. FDI is not permitted in inventory based model of e-commerce. Marketplace vs Inventory Model E-commerce entity providing a marketplace will not exercise ownership or control over the inventory […] More

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    Swiggy, Zomato and Uber Eats are misusing their dominant position: Restaurant Owners

    Several restaurant and eateries have come together and filed a petition against Swiggy, Zomato and UberEats for misusing their dominant position. Here is an excerpt from the petition. Zomato: They have been offering unsustainable discounts below the cost price to customers. This is to ensure that small restaurants and eateries suffer losses and shut down. […] More

  • ING Bank Launches Zero-Knowledge Tech for Blockchain Privacy
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    In India, 10 central agencies now have the power to snoop on any computer

    Investigating agencies will have more sweeping powers to intercept and monitor information on computer devices after a new home ministry order signed by Home Secretary Rajiv Gauba on Thursday. Ten central agencies have been equipped with powers of “interception, monitoring and decryption of any information generated, transmitted, received or stored in any computer”. The agencies […]

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    Update: India Post announces full-fledged entry into e-commerce

    WhatsApp chief writes to RBI, seeks nod to expand payment services to all users The development comes at a time when competitors such as Google have forged ahead with their payments offerings.   thehindu.com India Post announces full-fledged entry into e-commerce “”We have simplified decision-making process at Department of Posts (DoP) by setting up a […] More

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    Australia has passed world’s first law which requires companies to hand over end-to-end encrypted data to law enforcement agencies.

    The Australian government has passed a law called “The Assistance and Access Bill 2018” that forces technology companies to give police and security agencies access to encrypted messages, claiming it’s needed to fight crime. It is a world first, letting law enforcement bodies require companies to hand over user information, even if it’s end-to-end encrypted. […] More

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    Google launches Shopping homepage in India; Will kill the aggregators and price comparison sites?

    Google has unveiled a new and immersive shopping search experience for Indian users. The new personalised experience will allow users to easily filter through offers, review prices from multiple retailers and find the products they are looking for. This experience is available across several Google products: a made-to-browse experience on the Shopping home page, the […] More

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    3 Indian YouTubers who have crossed 10M subscriber mark

    And these YouTubers who have crossed 10 mn mark this year are: Amit Bhadana, BB Ki Vines and Technical Guruji. “Now we have more than 300 creators with one million subscribers. Two creators are crossing one-million milestone every week on an average and 2,500 creators are touching their first 1,000 subscribers milestone every day,”, says […]

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    JioSaavn: Watch out, Bharat-focused Audio/Voice startups

    Jio acquired Saavn and the integrated service, JioSaavn has been launched. The service will be offered on a freemium model in India with all users having access to the ad-supported product. Jio subscribers would enjoy seamless access to the integrated app. Additionally, as part of this launch, Jio users will also get a 90-day extended […] More

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    JioMusic and Saavn is now JioSaavn

    JioSaavn represents the official integration of JioMusic and Saavn. The new integrated JioSaavn app will be available across all App Stores including the Jio app store, on JioPhone, as well as, at www.jio.com/jiosaavn. As announced in March 2018 at the time of acquisition of Saavn by Reliance Industries Ltd, the implied valuation of the combined entity […] More

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