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state discoms give lukewarm response to centre's digital transaction call




a lukewarm response by state distribution companies (discoms) to the centre’s call for digital transactions has ostensibly prompted the government to settle for a lesser volume of transactions in the power sector this financial year. for 2017-18, the union power ministry was assigned a target of 1...



uday fails to save ups bleeding discoms, 49% homes without power: study




the electricity distribution companies (discoms) of uttar pradesh ran up losses totalling rs 21,486 crore ($3.2 billion) by 2016, enough to pay the electricity bills of 100 million households for more than a month (at 10 units per day per household at rs 5 per unit). successive governments have kept...



gujarat tops power distribution companies annual ranking again




for the sixth year in a row, the power distribution companies (discoms) of gujarat have topped the annual ranking procedure performed by the union ministry of power. at the same time, four out of five discoms of uttar pradesh (up) have not moved out of the lowest grade, said the report on ‘state d...



bank of israel considers issuing digital currency for faster payments




bank of israel is mulling issuing a digital currency in a bid to create a faster system of payments and as well as reducing the amount of cash in the economy. the israeli digital shekel would record every transaction by mobile phone, thereby, making tax evasion more difficult, reported the jerusalem...



govt receives many queries on air india from non-aviation entities




amid reports of indian civil aviation companies being lukewarm to buying air india, the government says it has received many queries from a number of aviation and non-aviation companies for the flagship national carrier. the queries have been addressed to ey, the transaction advisor for the sale of ...



gst: ministerial panel favours deferment of sops for digital payments




the sushil modi-led ministerial panel will recommend to the gst council to defer by a year the proposal to incentivise digital payments under the goods and services tax (gst), citing revenue implications of doling out the concessional tax rate. at its meeting on sunday, the panel has decided to wait...



irrigation pumpsets to be metered, farmers to get subsidy in bank account




the centre is pushing the states to adopt direct benefit transfer (dbt) in disbursing electricity subsidy to farmers.according to the proposal, all irrigation pumpsets must have meters and farmers must pay the electricity bill. if the state governments want to subsidise the farmers, they may directl...



'rajasthan assembly first in india to call motions online'




going digital, the rajasthan assembly has become the first in india to call attention and adjournment motions and proposals online from legislators to send them to the state government, an official said today.speaker kailash meghwal inaugurated the new system by sending a call for an attention motio...



ios 12: release date rumors, feature speculation, and more!




may 24, 2018: apple patent application points to siri-driven responses when declining callsa new patent application from apple points to the possibility of siri-driven intelligent response options for when you need to decline a call. rather than requiring you to type out a text message explanation f...



tejas networks ipo gets lukewarm response; oversubscribed just 1.9 times




bs reporter  |  mumbai  june 16, 2017 last updated at 19:12 ist



power ministry's coal tolling policy languishes as state discoms stay away




the power ministry’s coal tolling policy has failed to pick up pace even two years after its announcement, with state power distribution companies (discoms) showing little interest in the initiative. the policy, announced in 2016, allows the utilisation of linkage coal of a state power generating ...



kerala plans to develop a digital industry ecosystem in the state




kerala, which has been announced as the first digital state in the country, is betting on its strengths such as availability of skilled manpower and quality of life among others to develop a knowledge, digital industry ecosystem in the state.kerala believes the recent agreement with japanese auto ma...



cashback and discount: modi govt's mega plan to boost digital transactions




the government is working on a proposal to incentivise digital transactions by providing cashbacks to businesses and price benefits to consumers, a source said. as per the proposal being worked out by the revenue department, consumers paying through the digital mode would be offered a discount over ...



lukewarm response to arbitration claims by infra developers




megha manchanda  |  new delhi  june 1, 2017 last updated at 02:01 ist



vodafone's initiative to shift customers from assisted-only care to digital




the world going digital, customer service is evolving from being a human-led, call centre-based query resolution mechanism to a more digitally evolved system of self-care with 24x7 experiences. taking cues from the evolving digital behaviour of customers, vodafone india is developing new-age digital...



discoms likely to consider ppas as short-term power rates rise




the price of one unit of power sold in the spot market has jumped over 50 per cent over a year ago. this implies an increase in demand and input cost. it may also be an early indicator for state distribution companies (discoms) to consider long-term options for power procurement. as the cost of shor...



lukewarm response to new india ipo as hnis stay away; lic plays saviour




the rs 9,600-crore initial public offering (ipo) of the new india assurance company got lukewarm investor response, with shares meant for retail and high net-worth individuals (hnis) remaining undersubscribed. the ipo garnered just 1.2 times subscription, with qualified institutional buyers (qib) in...



you'll need your phone to get into miami heat home games




the spokesperson also said that nba teams are shifting to mobile tickets to reduce fraud. like other types of digital transaction, though, it will also give them a chance to gather more info about their audiences, which could lead to more opportunities to market goods and services. to buy digital ti...



bill tabled in us congress seeks call centre employees to disclose location




legislation introduced in the us congress could potentially curtail the competitiveness of the business process outsourcing (bpo) industry in india and other key offshore locations like the philippines and mexico. introduced by senator sherrod brown from ohio, the piece of legislation, if passed, wi...



double assurance: biometric transaction signing on the blockchain




as i mentioned in my most recent post, solutions for legal non-repudiation are critical for organizations --- and biometrics are an ideal solution for data provenance.  specifically, biometric authentication can be used to satisfy compliance with regulations such as the payment services directive i...



govt may nudge bankers to delay decision on transaction charges




the government may nudge bankers to wait for sometime before imposing a fee on cash transactions beyond a certain limit. some private sector banks have informed their customers that they will impose transaction charges after four or five transactions.“we will talk to banking management. i do not t...



instead of waiting on the line, access canberra will now call you back




canberrans can now opt for a callback rather than waiting on hold with access canberra, after falling satisfaction with the call centre largely due to long wait times.regulatory services minister gordon ramsay said the new service followed a successful trial last year, where people looking to book a...



shardul amarchand mangaldas advises pepperfry in raising rs 2.5 bn funding




shardul amarchand mangaldas advised pepperfry on its rs 2.5 billion fund-raising from us-based investor state street global advisors.pepperfry operates an e-commerce business in india and state street global advisors (ssga) is the asset management arm of state street corporation, a new york stock ex...



2019 agenda: fine on discoms for outages




the government plans to fine distribution companies (discoms) from april 2019 for power outages deemed avoidable and will push for direct benefit transfer (dbt) of electricity subsidy, as with cooking gas, in the states.dbt would, power minister r k singh said on thursday, make for a more competitiv...



work at a call centre? new us bill may spell doom for your job: here's how




a legislation has been introduced in the congress that would require call centre employees overseas to disclose their location and give customers a right to ask to transfer their call to a service agent in the us. introduced by senator sherrod brown from ohio, the legislation also proposes to create...