Most of the firms which lost out in the payment bank race believe that they can function almost like a payment bank through partnerships without needing a license.
The RBI opened up the applications for BBPS a few months ago and a slew of companies ranging from banks, telecom operators and wallet firms applied for it.
Chatbots, are making their debut on Facebook, Google and Skype and function as robotic customer service representatives for a host of companies.
The portal, which aims to sport an interface similar to modern ecommerce sites, will also offer services, in addition to goods.
The statement said that Bawa will lead Adobe’s customer-facing engagements in India while Shanmugh Natarajan, executive director for Adobe India.
The finalised startups will get mentorship from Oracle and industry experts and 24x7 access to a co-working space within Oracle’s premises
People behind the SavetheMap initiative have created a website detailing the various clauses of the Bill and are asking people to send their comments to the government.
At the forefront are the SavetheMap initiative and the Digital Empowerment Foundation that are running campaigns to get a maximum number of people to send their responses to MHA.
Okayed by govt in March, the Rs 4,500-cr mission hopes to bolster India’s super computing prowess by adding 70 super computers to a national grid.
While the levy is aimed at indirectly taxing internet giants such as Google and Facebook for the money they make from Indian advertisers, as per the rules announced on Monday.
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