The last decade has seen a very sharp growth in the use of social media in India, with both the people at large and the government using it as a primary tool of communication. No wonder, India is today the largest market for major social media platforms like WhatsApp and Facebook. However, very surprisingly, the Indian companies, notably their bosses have not yet turned to the digital tools in a significant manner. A study conducted by the London-headquartered ECCO International says that Indian CEOs remain relatively...

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India’s domestic market for computer services is forecast to grow faster than their exports, fuelled by the government’s Digital India programme and the country’s burgeoning start-up environment, according to a United Nations (UN) report.“The computer services industry in India is increasingly catering to the domestic market, leveraging expertise gained from exporting, while at the same time reducing an over-reliance on such exports,” stated the report by the United Nations Conference on Trade and Development (UNCTAD).

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A survey on Internet security and trust conducted by the Centre for International Governance Innovation (CIGI) and Ipsos, in collaboration with UNCTAD and the Internet Society, has found that 78 pc of Internet users in 25 economies were at least somewhat concerned about their privacy online. Concerns were found to be the most widespread in Egypt, Hong Kong (China), India, Mexico and Nigeria, where that proportion was 90 pc or higher. By contrast, the lowest level of concern was noted in Kenya, at 44 pc.

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After mobile telephony, the new market leader in telecom sector in India, RelianceJio, owned by India’s largest conglomerate Reliance Industries, is set to disrupt the market for broadband services as well. The company has begun rolling out fibre optic broadband services in the country and has bundled various services as well as hardware in addition to the connection to make it an appealing offer. Though it is not the cheapest in price, no other operator can match Reliance Jio’s coverage of 1,600 cities. Most of the other private players are focused on the top urban areas.

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Chinese tech giant, Alibaba, will soon launch its own e-commerce business in India through its subsidiary UCWeb, a senior company official has said. UCWeb Global Business, vice president Huaiyuan Yang told a wire service that the company’s planned foray in e-commerce space will not have an adverse impact on Paytm, in which Alibaba owns 30.15 pc stake. Alibaba Group own 3 pc stake in Snapdeal. “We have Alibaba’s e-commerce gene in us. We are actually trying to start innovative business model related to e-commerce.

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India’s push on mandatory data localisation which has been contested by developed countries, has found some support from the United Nations Conference on Trade and Development (UNCTAD). In its latest report on the digital economy, it observes that governments may decide to restrict data flow for reasons such as privacy of data and protection of their citizens, security and economic development. “The only way for developing countries to exercise effective economic “ownership” of and control over the data generated in their territories maybe to restrict cross-border flows of important personal and community data,” the report said.

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