Feb 16, 2018 - Paytm cries foul, alleges WhatsApp UPI not following security guidelines

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk

Road Sector unlikely to be affected by expansion of allocations under Central Road Fund to other subheads
With the recent hike proposed towards the sub-sectors under the Central Road Fund (CRF), allocations to roads and highways would remain unaffected, even as the allotment would now depend on priority of the infrastructure projects. Experts believe, given the high fund requirements for the ambitious new road development programmes, surplus for other sectors is expected to remain minimal

The Finance Bill, 2018, has significantly expanded the scope of deployment of the Central Roads Fund, starting with national waterways in June 2017 and by adding other infrastructure sub-sectors (as per the revised harmonised master list of infrastructure sub-sectors as of April 2016). So, the CRF was renamed as the Central Road and Infrastructure Fund (CRIF). Read more

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Infosys doubles investment in US-based TidalScale to USD 3 mn

'The additional investment of $1.5 million is made through our innovation fund in TidalScale Inc, which is spearheading the software-defined server revolution,' said the city-based IT major in a statement here.  



Today's TradeBriefs Cartoon

TCS wins Rs 500 crore contract from Thomson Reuters

India Business News: Tata Consultancy Services (TCS) has won an around Rs 500-crore contract, which involves infrastructure management services and application development

Accenture selected to help UTI Asset Management Company go digital

Accenture has been selected to design, implement and manage a digital transformation strategy for UTI Asset Management Company Ltd. Under a two-year contract, Accenture will design UTI’s enterprise te

Machines to overtake humans in workplace by 2025: WEF

However, 58 million net new jobs will be created in the next five years

Micron Tech to invest ₹300 cr in Hyderabad

Micron Technology Inc, a semiconductor products company, will invest over ₹300 crore to set up a 1.8 lakh sq ft facility at Madhapur here. The US-based storage solutions company, with a market cap of

Mate Labs gets $550,000 in seed funding

Bengaluru-based AI start-up Mate Labs, which provides solutions for non-developers and businesses, has raised $550,000 seed funding from lead investor Omphalos Ventures India LLP and others around the

Mindtree sets up AI faculty fellow position at IIT-M

IT firm Mindtree on Monday said it has partnered with the Indian Institute of Technology-Madras to set up a faculty fellow position in Data Science and Artificial Intelligence.Through this endowment,

Why are legacy consumer firms suddenly keen on Indian startups?

India is a large mass-market, but a niche class of urban consumers is emerging, too.

India: Why the Personal Data Protection Bill spells trouble for India's IT sector
The perspective and approach for a law or policy informs its contents. The much-awaited draft Personal Data Protection Bill, 2018 (PDP Bill), released by the 'Committee of Experts under the Chairmanship of Justice BN Srikrishna', appears to have approached the entire issue with good intentions, but coupled with a sense of suspicion of service providers, fear, and overwhelming deference to state power. India Data Protection Clarus Law Associates 17 Sep 2018

Infosys eyes 15-20 firms for buyouts, expects to ink deals in next 2 years: Report

CEO Parekh said the mergers and acquisitions team at Infosys was evaluating a

Infosys acquisition of Fluido: Hefty price for a geography?

Fluido is said to be a platinum type partner of Salesforce with about 95 Salesforce certified professionals.

After US, Infosys reaches Europe and Australia in search of talent

Infosys looks to significantly enhance onshore base in key markets, launches campus programme

Why a universal technology platform is key to addressing India's banking woes

Financial institutions today are able to gauge how risk-heavy a particular loan applicant could be, using vast data reams and financial records. Ever-increasing analytic capabilities are crunching on this data to streamline specific processes.

India, resource-rich Kazakhstan to put in place IT partnership

India and Central Asias biggest country Kazakhstan are hoping to launch an initiative this week to put in place a mechanism for Information Technology partnership.

CBI writes to Facebook, Cambridge Analytica in data theft probe

CBI writes to Facebook, Cambridge Analytica in data theft probe - In the letters sent to the companies, the Central Bureau of Investigation (CBI) has sought the details of data collection exercise adapted by them, sources said.

Kochi-based company develops India's first underwater robotic drone

It can send real-time video of ships and other underwater structures to help with their repair and maintenance

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