December 22, 2015 - Parliamentary panel asks govt to host more Internet servers in India

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Blog Sree Vijaykumar From the Editor's Desk Google's open-source AI project TensorFlow has competition from a new source now, OpenAI (an initiative led by Elon Musk and Y Combinator's Sam Altman). By setting it up as a non-profit, they hope to ensure that an iRobot or Terminator type scenario doesn't happen (i.e. robots don't enslave humans). Yes, this is a real fear expressed by many. By making it open source, the belief is that the collective force of humanity will contain the bad elements, thus ensuring the continuity of the human race. Sure, the most quoted achievements of machines today are harmless things like beating humans at jeopardy or chess, one needs to remember that such technologies tend to progress exponentially (as machines learn more at an accelerated pace). The Genome project took 7.5 years to get to 1% completion, but within another 7 years it was done, because it takes only 7 doublings to get from 1 to 100 - Comment Digital Parliamentary panel asks govt to host more Internet servers in India Parl panel asks government to host more Internet servers in India - The committee added the department should also have stringent measures to safeguard the indigenous servers as most of the cyber attacks are in '.in' domain. Have a penchant for good content? Coming Soon This time it’s not personal!   Advt: Get qualified leads for your business TradeBriefs introduces automated mobile number verification, progressive qualification and other API-based verification. Save time and money! Digital B2B marketplace Industrybuying.com gets angel funding from Murugappa, TVS execs Industrybuying was started in 2013. Digital Google to invest up to $50K in Indian startups, and won't take equity The Launchpad Accelerator programme is for mobile startups in India, Brazil and Indonesia. Digital Bikes and electronics rental marketplace RentOnGo gets funding from Snapdeal’s Chandrasekaran, GSF’s Sawhney, others RentOnGo, an online marketplace for renting bikes, electronics and appliances, has secured an undisclosed amount in angel funding from Snapdeal’s chief product officer Anand Chandrasekaran, GSF India founder Rajesh Sawhney and other angel investors. Digital Delhi-based TruckMandi announces under $2 million in pre-series A Funding Truckmandi, a startup which is helping businesses find truck transport providers for delivering goods has announced a pre-Series A … Retail Who says funding crisis? PepperTap buys Jiffstore, raises another $4 million Gurgaon-based on-demand grocery service PepperTap has acquired Bengaluru-based hyperlocal grocery delivery startup Jiffstore in a cash-and-stock deal.The deal details were not disclosed. Retail Flipkart Growing As A Giant In Indian Retail With Rs 10,000 crore as revenues in the year 2014-15, Flipkart is the third largest retailer by revenue after Future Group and Reliance Retail, , flipkart, e-commerce, retail, sachin bansal Retail Small talk: Fast track to fashion Dinesh Trivedi used to hold a Railway Ministry portfolio. Now it’s stocked with designs for his new menswear line. Retail Amazon India expands logistics footprint to 2100 urban centres The online marketplace is betting big on fast and reliable delivery of products to gain a big share of the market Telecom Regulation development of telecom sector must be blended, Prasad tells TRAI NEW DELHI: Communications and IT Minister Ravi Shankar Prasad said that the telecom regulator Telecom Regulatory Authority of India (TRAI) needs to understand that regulation and development of the telecom sector must be blended and the regulator should be made accountable to the Parliament.   | Regulation & development of telecom sector must be blended, Prasad tells TRAI | Indian Television Dot Com Telecom CommVault in talks with Reliance Jio for 4G data protection RJio logs into biggest broadband cable system - The 20,000 km-long Asia Africa Europe One submarine cable system has 32-40 terrabit per second capacity against the Bharti's cable system consortium of 3.84 tbps Telecom Soon, panic button in all phones sold in India: Maneka Gandhi It is unfortunate that despite living in seemingly civilized times that we still have many cases of assault against women. At the moment there are plenty of ways women can protect themselves in suc… Telecom Smartphone companies dial 4G as users hang up on 3G Sales of 4G devices in India are growing at a fast pace, led by a fall in prices, growing digital engagement with mobile phones and cheaper data plans. Finance Why does world’s fastest growing economy need a stimulus? Does the government, like many of us, have this nagging feeling that it really doesn’t feel like 7% growth? Finance Bankruptcy bill introduced in Parliament The proposed bankruptcy code will cover individuals, companies, limited liability partnerships and partnership firms, and proposes a time-bound framework Finance RBI plans guidelines for peer-to-peer lending The Reserve Bank of India is working on guidelines for peer-to-peer lending arrangements offered by online platforms, according to its deputy governor, R Gandhi. Finance GST critical for India to revive economy: Assocham HYDERABAD: With the Goods and Service Tax (GST) Bill still being stuck in  Parliament, the Associated Chambers of Commerce and Industry of India (Assocham) has ... Software Indian technology firms paid $22.5 billion taxes in US in FY 2011-15 "The Indian tech industry has paid $22.5 bn in taxes during FY 2011-15 and supported 4,11,000 jobs in FY2015 directly or indirectly," Sitharaman said. Software Wipro initiates the process for CEO succession amid organisational overhaul : Current COO and former TCS exec is the front runner Former TCS top honcho Abid Ali Neemuchwala is being considered as a frontrunner to take over from Kurien early next year, according to sources. Software Indian Patent Office puts on hold guidelines for patenting software : Big win for domestic startups After representations from think-tank iSPIRT, Software Freedom Law Center and other vested parties, the patent office put the guidelines on hold. Software Why employees are getting sacked at Indian startups? Startups in India are grabbing all the eyeballs within the country and abroad (and most of the money on offer by venture capital firms and individual investors too), but the the reality on the ground is that they are increasingly terminating the jobs their employees depend on for their livelihood. Ecommerce PepperTap receives $4 million from Innoven Capital; looking at raising an additional $11 million by January-end Online grocery delivery platform PepperTap has received $4 million (about Rs 26.5 crore) from Innoven Capital and is looking at raising an additional $11 million (about Rs 73 crore) by January-end.The Ecommerce Planet GoGo raised seed funding from HT Media, NBM; to utilize the funds in growing its user base gulfnews.com gulfnews.comMumbai: Discounts and cashback offers helped India's top e-commerce companies from Flipkart to Snapdeal sell a record $11 billion (Dh40 billion) of goods this year online. As the freebies start to hurt, they are questioning a strategy they now find too Ecommerce Flipkart denies media report of Accel selling $100 million stake The information was incorrect and there has been no such transaction, a Flipkart spokesman said in an emailed statement Ecommerce Careers360 acquires Delhi-based start-up Entrancecorner.com in an all-cash deal Maheshwer Peri, publisher of Careers360, said Entrancecorner.com was acquired in an all-cash deal HR Hereditary jobs in Singareni demanded The management of Singareni Collieries should immediately give appointments to the children of under hereditary quota, Durga Prasad, general secretary of Singareni Karmika Sangham (SIKASA), demanded here on Monday. HR 195 bag jobs at Integral Univ placement drive As many as 195 engineering and management students of Integral University walked away with job offers during a week-long placement drive that ended on Monday. The highest pay package offered was Rs 21.6 lakh per annum by a Hong Kong-based company. The average package was Rs 3 lakh per annum. HR 1 year cooling off period for babus seeking post-retirement jobs The cooling off period for bureaucrats seeking commercial employment after their retirement has been cut by half to one year. HR Alcatel Lucent India CEO Sundararajan to move to Nokia US Alcatel Lucent India chief executive Srini Sundararajan will shortly relocate to the US in a global IT advisory role on conclusion of the Nokia-Alcatel global merger. Logistics Indian Railways get Deloitte to rellook at its personnel policies, compensation and benefits planning to reduce the wage bill, a Rs 76,242 crore problem The country’s largest civilian employer wants to reduce its wage bill. But can the Railways convince its men? Raghavendra Rao K reports   Logistics Now fly to Simla for a holiday: Govt asks Air India to start special flights to Shimla; Rs 142 cr sanctioned for the same, repair works to start soon Anticipating a substantial increase in tourist arrivals for Christmas and New Year festivities, the state government has asked the country’s biggest domestic flyer, Air India, to start special holiday flights to Shimla. Logistics India's Lone Road To Arunachal Pradesh's Tawang: 'A Passage Through Hell' is claimed by China as theirs! is strategicaly crucial for security of the rest of India's Arunachal Pradesh "Travelling from Bhalukpong to Tawang is like negotiating a passage through hell," an assistant engineer in Arunachal Pradesh's power department told us, as we made our way up the lone highway that connects Tawang to mainland India. Logistics 19 students barred from boarding US-bound Air India flight as the Universities that they had applied to were under scrutiny or 'blacklisted' by the US authorties In an email, the airline’s sales team asked its staff to not issue tickets to those heading to two universities in California, but students said their classmates faced no such issue with other airlines. Construction TDR on Kurla land parcel sold for Rs 649.51-crore by HDIL Realty player Housing Development and Infrastructure (HDIL) has sold development rights on its land parcel at Kurla to DK Realty (India) for Rs 649.51 crore. Construction Area around Delhi's CP to be re-developed in a new 550-acre project Welcome to the New Delhi City Centre (NDCC), a 550-acre 'area-based development project', according to which the area around CP will be redeveloped by.. Construction Reliance Comm sells 150 flats in Navi Mumbai for Rs 330 crore, Proceeds to be used for repaying debt The sale is part of the company’s overall strategy to monetize its real estate assets to reduce debt, and India's No. 4 carrier will further shortly.. Construction Cement sector to get stronger: IIFL Heidelberg Cement India, Grasim, and UltraTech Cement are the top picks for 2016. The brokerage expect capacity CAGR of 1% for FY16-FY18, against 5% C.. Marketing In battle for top spot, e-tailers miss out on customer loyalty : Report As online marketplaces woo customers with big discounts, buyers end up focusing on just the prices and not the seller Marketing Mobile ads are fast becoming central to marketing strategy : Report Mobile advertising has evolved from SMS and call-based marketing in 2006-07 into a more sophisticated phenomenon that includes mobile web and in-app ads, mobile search and social networks Marketing Chinese muscle in on India's smartphones market : Report The Chinese are generally described as focused, hard working and quick to seize an opportunity. This does seem so in the Indian smartphone market.From four to five per cent a few years ago, cumulatively leading Chinese smartphone brands now corner a Marketing 5 Content Marketing Trends for 2016 Politics Lok Sabha discusses National Waterways Bill moved for consideration by Nitin Gadkari The Lok Sabha on Monday discussed a bill that provides for declaring certain inland waterways as national waterways. - Firstpost Politics DDCA row: Arun Jaitley files defamation suit against Arvind Kejriwal, seeks Rs 10 crore damages Union Finance Minister Arun Jaitley on Monday filed a civil defamation suit in the Delhi High Court against Chief Minister Arvind Kejriwal and five other AAP leaders for issuing allegedly false and defamatory statements against him and his family members. Politics ‘No one will resign’: Mukhtar Abbas Naqvi rules out Arun Jaitley’s ouster over DDCA issue Government on Monday categorically ruled out resignation of Finance Minister Arun Jaitley over allegations of corruption in Delhi cricket body DDCA which he headed till 2013, as Congress members disrupted proceedings of Rajya Sabha. Politics Delhi gangrape juvenile verdict: Don’t blame SC, hold our lawmakers responsible for the mess Had the amendment to the Juvenile Justice Bill 2014 been cleared by Rajya Sabha, the juvenile would perhaps not be walking free. Sports Zico: ISL brings zero benefit to Indian football Indian Super League: The legendary Brazilian opines that more Indian players must be given a chance to play in the Indian Super League (ISL)… Sports New Zealand captain Brendon McCullum announces international retirement Under Brendon McCullum, New Zealand is unbeaten in tests at home since 2013 - a run of 13 matches - and reached the final of this year's one-day World Cup Sports After ISL title win, Chennai captain Elano Blummer arrested for allegedly assaulting Goa co-owner The trouble broke during the post-match celebrations when Elano allegedly assaulted Salgaoncar in presence of FC Goa team members. Sports Pro Wrestling League 2015: Amit stuns Nuvruzov Ikhtiyor as Mumbai book semis berth Amit held on for a 9-7 win which gave Mumbai a 5-2 victory over Dilli and a spot in the semifinals. Entertainment Sonam Kapoor starrer ‘Neerja’s trailer garners tremendous appreciation The trailer of Neerja starring Sonam Kapoor has received tremendous appreciation on social media platforms. Entertainment My Batman different from Christopher Nolan’s: Ben Affleck Ben Affleck has revealed that his portrayal of Batman will differ from that of Christian Bale's in Christopher Nolan's 'The Dark Knight' movies. Entertainment Vidhu Vinod Chopra, Abhijat Joshi on writing and editing Wazir Vidhu Vinod Chopra and Abhijat Joshi on writing and editing their upcoming film, Wazir, and the project’s long journey Entertainment Bajirao Mastani box office collections: Deepika Padukone, Ranveer Singh’s film collects Rs. 90.80 crore worldwide Ranveer Singh, Deepika Pdukone starrer 'Bajirao Mastani' has collected a total of Rs. 90.80 crore in its opening weekend. 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