VARINDIA IT MAGAZINE

Traffic violation fines could shoot up almost five times or more : Traffic violation fines will now shoot up drastically as the new Motor Vehicles Bill is expected to be presented in the upcoming Parliament session. The bill was formed after 2019 general elections and has been approved by the cabinet. After the Lok Sabha cleared in 2017, it was still pending in the Rajya Sabha. VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

RBI issues directive on data related to Payments : The Reserve Bank of India has announced that all data related to payments must be stored only in India and data processed abroad will have to be brought back to the country within 24 hours. VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

AI and IoT are the two sides of each coin : Enterprises must pause in their race to join the rate race for IoT to avoid the security and data breaches. AI and IoT: two sides of the same coin. When the leaders think about the benefits of IoT devices - which are undeniably numerous - they often forget to simultaneously assess the risks of data breaches associated with those devices. VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

Unacademy Raises $50 Million in Series D Funding : Unacademy, India’s largest learning platform, announced the closing of its $50 million Series D funding round from Steadview Capital, Sequoia India, Nexus Venture Partners and Blume Ventures. Aakrit Vaish (Co-Founder & CEO, Haptik) and Sujeet Kumar (Co-Founder, Udaan) also participated in the round, along with Unacademy Founders, Gaurav Munjal and Roman Saini. VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

IndiaFirst Life observes Insurance Awareness month : IndiaFirst Life Insurance, promoted by Bank of Baroda and Andhra Bank, successfully carried out a life insurance awareness drive through the month of June 2019, to commemorate the National Insurance Awareness Day. As a part of this drive, the company conducted 50 service camps pan-India, at the partner bank branches - Bank of Baroda (BoB) and Andhra Bank (AB). Spreading awareness on Life Insurance, IndiaFirst Life took this initiative to bring risk protection to every strata of the social fabric, in-line with the Insurance Regulator Development Authority of India (IRDAI) mission. VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

Nasscom Partners With Nathealth To Boost Digital Health : India’s National Association of Software and Services Companies (NASSCOM) announced its collaboration with apex healthcare industry body NATHEALTH. The partnership is with NASSCOM’s Center of Excellence for the Internet of Things (CoE IoT) and will leverage the benefits that IoT and AI can bring to the healthcare sector. They aim to deploy emerging technologies,to ensure better delivery of healthcare. VARINDIA- INDIA'S FRONTLINE IT MAGAZINE