VARINDIA – Sustainability and Digital Transformation Accelerates the Next Wave of Digitization

VARINDIA - Sustainability and Digital Transformation Accelerates the Next Wave of DigitizationIndia’s most popular event Star Nite Awards (SNA), popularly recognised as the DNA of the Channel was held last Friday, where 700 CXOs had gathered to discuss and deliberate on ‘Sustainability and Digital Transformation with Simplification’, with the aim of improving client experience for profitable growth. The day-long session was organised by Kalinga Digital Media, the information-communication-technology (ICT) publishing house that celebrated its 18th anniversary and hosted the 16th edition of Star Nite Awards ceremony.

Digital India will lead the country into a digitally empowered society

Mr Deepak Kumar SahuMr Deepak Kumar Sahu, Publisher and Group editor, (VARINDIA & SPO INDIA), in his welcome address spoke on the need for increased access to internet, Big Data, Internet of Things (IoT), connectivity and social media, and how they have completely changed our lives and the business landscape as a whole. “There is huge potential for ICT to drive sustainability forward, and both businesses and national players have a crucial role to play in this. We at SPO INDIA is committed to leveraging technology to solve some of India’s most urgent environmental issues, and focusing on key areas where we believe we can have the most positive impact by bringing together our another flagship publication, VARINDIA. We are trying to bridge an alliance between the industry, the Government, the social sector and the society at large.

To complement the efforts, Digital India will leapfrog the country into a digitally empowered society in the next five years by enabling consumers, citizens, small businesses, traders and farmers to harness technology for efficiency and productivity. Digital offers significant economic and societal opportunities and benefits to multiple stakeholders from consumers, business, government and citizens in areas like digital democracy, together with communication, participation, engagement and feedback of one or more citizens in the democratic process. Digital India will be the major accelerator of economic and societal transformation and will impact all stakeholders enhancing their quality of life.”



(From Left to Right): Mr. Shrikant Sinha, CEO, NASSCOM Foundation; Mr Ajay Choudhary, DGM – Marketing ALIMCO; Dr. Bhaskar Chatterjee, Former DG & CEO, Indian Institute of Corporate Affairs; Mr Deepak Kumar Sahu, Publisher and Group Editor, (VARINDIA & SPO INDIA); Chief Guest, Shri. Ram Kripal Yadav, Hon’ble Minister of State for Rural Development and Land Resources; Ms. Madhu Madan, Country Head – Resource Mobilization, HelpAge India; Ms. Dipanwita Chakraborty, Regional Director, Corporate Responsibility & Sustainable Development, Asia Pacific, Cargill; Mr Avijeet Kumar, COO, CAF India; Ms. Meghna Garg, Associate Director – Facilities & Administration, Thomson Reuters and Mr Rajeev Gupta, CIO – Air One Aviation.

CSR to play a big role in developing the under-developed areas of the country

Shri Ram Kripal YadavShri Ram Kripal Yadav, Hon’ble Minister of State for Rural Development and Land Resources, Government of India was the Chief Guest at the event and he kick-started the event by lighting the ceremonial lamp. The Hon’ble Minister in his keynote address emphasised that CSR is the need of the hour and that it should be promoted for the welfare of the country. “India is a huge country and 70% of its population reside in its villages. Even after 70 years of independence, the condition of the villages or the lifestyle of the people living in these villages has not improved. Development in areas of food, electricity, water, sanitation is still a far cry. The government is doing its bit in introducing schemes from time to time for such people but due to challenges in last mile, these schemes are not reaching the right individual. It is here that CSR is going to play a big role and NGOs & different corporates involved in CSR should take this responsibility upon themselves to act as a bridge and provide these services to the people there.”

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Telecom sector provides seamless connectivity during FIFA U-17 World Cup 2017

While the entire country has been enjoying the FIFA U-17 World Cup 2017 and fans have been cheering for their favourite teams and players nonstop, the telecom players have been spending their days and night to ensure a seamless communication network in the six host cities. The telecom industry managed to put on air over 59 critical sites for the tournament in six cities within a record time. Some of these cities also included permanent sites, MBTS, IBS.

The matches are being held in Delhi, Mumbai, Kolkata, Guwahati, Goa and Kochi. Along with the stadiums, the network has been strengthened at the training grounds of the 24 participating teams in all six cities and the hotels where the players will be staying….Read More

BankBazaar raises US$30 million from investors group led by Experian


BankBazaar raises US$30 million from investors group led by Experian, India’s leading financial marketplace with 50 million visits per quarter, has raised US$30 million in a funding round led by Experian, the world’s largest credit rating agency and information Management Company.

Speaking about the investment, Adhil Shetty, CEO, BankBazaar, said, “Experian is a global leader in credit reporting and information management, and we are very excited to have them on board as a part of our investor group which includes Amazon, Sequoia, Eight Roads (Fidelity Growth Partners), and Walden International. There is a natural synergy between the world’s largest information management company and one of the fastest-growing fintech companies. The funds from this round will be used to further strengthen our position as the leader in secure paperless access to loans, cards, and mutual funds. Experian will enable us to accelerate towards our vision of paperless access to all financial products.”Read More

Kotak Mahindra inks partnership with Samsung India

Kotak Mahindra inks partnership with Samsung IndiaKotak Mahindra Bank and Samsung India have announced expansion of Samsung Pay platform for Kotak’s Visa Credit and Debit Cardholders. According to the company, with this, Kotak customers can now tap and pay using their Samsung smartphones at merchant outlets having card acceptance machines.

The company has revealed that the collaboration significantly enhances consumer convenience and gives a fillip to the country’s “Digital India” mission. In addition to Kotak’s other digital payment solutions including UPI, Bharat QR Code, and One Time Fund Transfer on the bank’s mobile banking platform, Samsung Pay will enable Kotak customers to make contactless and cardless payments….Read More

Is Apple working with LG to launch a foldable iPhone by 2020?

Is Apple working with LG to launch a foldable iPhone by 2020We understand that Apple has been working on a lot of innovations from time to time – the latest being a TouchID embedded into its iPhone display or the FaceID complemented by a bezel-less display. The iPhone X has been a revolution for Apple in terms of design. Its Home button, later integrated with TouchID, has been a part of the iconic design for years.

However, this may not be the latest innovation like we all have been expecting.

If the Korean news outlet The Bell can be believed, Apple is reportedly working with LG to come up with a flexible display. The result is that by 2020, we are going to see foldable iPhones in production. With the company getting positive feedback on its innovation designs so far, trying something new again could be a great idea for Apple….

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RBI orders online marketplaces to settle seller payments in 2 days

RBI orders online marketplaces to settle seller payments in 2 daysReserve Bank of India (RBI) has mandated e-commerce firms to clear seller payments within two days from the date of intimation of the completion of transaction.

In response to a news portal, RBI’s makes it clear that the completion of transaction here means the act of making the payment, to which presently, the majority of e-commerce companies take a week to 15 days to settle payments to sellers.

It is reported that the online marketplaces have been ordered to follow the 2009 guidelines pertaining to the settlement of payments for electronic transactions involving intermediaries by RBI….Read More