VARINDIA IT MAGAZINE

The new corporate office of Bharat Broadband Network Limited (BBNL) in East Kidwai Nagar, New Delhi in the NBCC Building Complex was inaugurated by Minister of State for Communications (Independent Charge) and Minister of State for Railways, Shri Manoj Sinha today. Addressing the members of the press and media immediately after the inauguration, the Minister said – “BBNL has played a key role in leading the successful implementation of the BharatNet project fordigitally connecting all 2,50,000 Gram Panchayats (GPs) in the country. The objective of this flagship project of our Government is to facilitate the delivery of e-governance, e-health, e-education, e-banking and other services to citizens in every part of our country, on a non-discriminatory basis. We have completed approximately 50% of the project, and the remainder is targeted for completion by March 2019.” The new BBNL corporate office has been taken on a 30-years lease from the Ministry of Urban Development, thro...

Minister of State for External Affairs M.J. Akbar on Sunday threatened to take legal action against several women journalists who have accused him of sexual harassment at two newspapers where he had been editor. So seems his resignation is not going to happen. In a detailed statement, Mr. Akbar, who returned India from Africa where he had been leading an Indian delegation on various events, said that “accusation without evidence has become a viral fever among some sections. Whatever be the case, now that I have returned, my lawyers will look into these wild and baseless allegations in order to decide our future course of legal action.” Mr. Akbar attributed the allegations to motives other than the #Metoo movement’s aims of outing sexual predators. “Why has this storm risen a few months before the general election? Is there an agenda? You be the judge. These false, baseless and wild allegations have caused irreparable damage to my reputation and goodwill,” he said.... Read More ...

Modiin Entrepreneurs’ Israel-based Startup Hub is going to set up an India-Israeli Innovation Centre (IIIC) in Bengaluru, which will be its first startup incubation facility in India after the US, the UK and China. A 10,000 square feet area has selected in Bengaluru facility, which is MESH’s fourth such facility globally, will be set up in the central business district of Bengaluru and will be operated by MESH itself. Beside giving Indian startups access to Israeli investors and frontier tech talent, the Bengaluru and other upcoming incubator facilities will bring on board both Israeli and Indian educational institutions for collaboration and co-research, under which Israel’s Technion, Ben-Gurian and Tel Aviv Universities will join hands with India’s IITs and IIIT. It is also fact that, Israel as a country is strong point into security and cyber security portfolio and they are also aligning its India strategy around government initiatives like Startup India and Di...

India Ratings and Research (Ind-Ra) believes that the steps taken by Reserve Bank of India (RBI) to support systemic liquidity and State Bank of India (SBI; IND AAA/Stable) to offer balance sheet liquidity for non-banking financial companies (NBFCs) would help alleviate some of the ongoing tightness in the financial system. These measures however are likely to bring about a temporary effect. For long-term sustainability, restoration of normalcy in the credit market especially for NBFCs is critical. Additionally, development of alternative sources of financing such as an active securitisation market would be beneficial. Actions to Complement System and Balance-sheet Liquidity: The RBI has recently infused INR320 billion of durable liquidity into the system and another INR240 billion is likely to come in the month of October 2018 through open market operations. In addition, to tide over frictional liquidity mismatches, banks are now permitted to reckon SLR securities held by th...

Technology leaders are also getting into their feet with the newer challenges into Cybersecurity is coming up and forget professional sports, celebrities and #MeToo and now, cybersecurity is today’s real headliner ,with the People have embraced social media so persistently that it has become an integral part of our lives now. It is being used not only by individuals but also businesses, organisations and governments, who are utilising S.M platforms for constant engagement with the masses. Anxiety and depression is the most underrated disadvantage of social media. Anyone who gets trolled over social media or is harassed easily get into depression. The person who is trolled by social media can’t get out of depression easily. A survey revealed, there have so many cases where people were harassed and went into severe depression, sometimes leading to deaths and suicides. It’s true that social media has proved to be very useful for everyone and it offers a global platform to ...