Along with initiatives around work from home and innovative use of telecom spectrum, incentives worth ₹48,000 crore for the electronics manufacturing sector will play a big role in reviving the economy reeling from the Covid-19 virus outbreak, said Union Minister for Electronics and IT and Communications Ravi Shankar Prasad. In an interview with ET’s Surabhi […]
Google must pay news firms for content: French regulator
Image Credit: REUTERS/Hannah McKay France’s competition regulator said Thursday that Google must start paying media groups for displaying their content, ordering it to begin negotiations after refusing for months to comply with Europe’s new digital copyright law. The agency said it “requires Google, within three months, to conduct negotiations in good faith with publishers and […]
Online searches for games, movies soar amid lockdown: Report
More Indians are searching online for information on games, movies, books as well as grocery and food delivery services. In view of the ongoing lockdown due to the Covid-19 pandemic, online searches related to these topics and more have surged, says web analytics firm SEMrush, which shared its search data exclusively with ET. Searches for […]
Indian government warms up to e-commerce firms
Image Credit: REUTERS/Adnan Abidi Three days after India imposed a nationwide lockdown, Devender Singh revved up his motorcycle to deliver meat and eggs to customers – but his heart was in his mouth as he closed in on a police barricade on a deserted New Delhi road. Beatings of delivery workers by overzealous police after […]
Zoom hires ex-Facebook security chief as Google bans desktop app
Zoom has tapped former Facebook security chief Alex Stamos as an adviser as safety and privacy concerns about its fast-growing video-conferencing app drive a global backlash against the company. That backlash includes a move on Wednesday by Alphabet’s Google to ban the desktop version of Zoom from corporate laptops. In a stark illustration of Zoom’s […]
ETtech Top 5: Online firms foray into grocery delivery, Oyo furloughs US staff & more
Illustration: Rahul Awasthi Online firms foray into grocery delivery Social commerce startup Meesho, e-tailers like Snapdeal, Paytm Mall, Perpule and Shopclues as well as food delivery app Zomato, and real estate platform NoBroker have all launched delivery of essential grocery products on their platforms. What gives?Cracking the grocery delivery business has always been deemed tough […]
Covid-19 lockdown: Buying from home leads to surge in e-pharmacy sales
Online medical stores such as Netmeds, 1mg and PharmEasy, which have been struggling to take off in a big way for over three years mainly due to regulatory issues, have seen an unprecedented surge in sales across cities amid the Covid-19 crisis. While most brick-and-mortar pharmacies continue to function amid the countrywide lockdown to contain […]
ICICI Bank & HDFC Bank lead the pack in digitization: Report
Private sector lenders ICICI Bank and HDFC Bank, along with Fino Payments Bank led the pack of Indian banks in enabling digitization of country’s payment ecosystem in the month of February, a ranking chart issued by Ministry of Electronics and Information Technology (MeitY) to banks accessed by ET showed. Performances of several high street lenders […]
Govt set to notify new social media norms
The government is in the final stages of notifying an amendment to the intermediary guidelines of the Information Technology Act (IT) 2000, which make social media firms in India responsible for the content on their platforms. According to two senior government officials, the law ministry has made minimal changes to draft amendments finalised by the […]
Zomato, Meesho, Snapdeal, Perpule and NoBroker expand to launch groceries
Illustration: Rahul Awasthi A slew of internet businesses have diversified into the groceries space, a category deemed tough to crack for e-commerce players, in the wake of the Covid-19 pandemic. Social commerce startup Meesho, etailers like Snapdeal, Paytm Mall, Perpule and Shopclues as well as food delivery app Zomato, and real estate platform NoBroker have […]