Digitalization railway

MUMBAI: The Mumbai region railways saw over 1,100 deaths in 2020 despite local trains not running for two and a half months from March-end and then working restrictively for the rest of the year due to the Covid-19 pandemic. An RTI plea shows over 23,000 railway deaths in MMR between 2013 and 2020. Thanks to the lockdown in 2020, deaths (1,116) reduced to 41% and the number of people injured (878) was down to 27% compared to the previous year. In 2020, a little over 65% of the deaths were due to track crossing and 16% were caused from falling off moving trains. Over 980 victims were male. TimesViewDeaths on Mumbai’s railway tracks have been a matter of grave concern for many years now. Despite safety and awareness campaigns by the railways and frequent action against trespassers, the annual death toll still remains alarmingly high. The cause of these deaths include crossing the tracks, falling down from trains, hitting railway poles while hanging out of trains and even … [Read more...] about 1,116 railway deaths in Mumbai Metropolitan Region last year despite shutdown

It has been more than five years since over 137 world leaders came together, under an inclusive framework of the global body, Organisation for Economic Cooperation and Development or simply OECD, and tried to come to a consensus on how multinationals like Facebook, Google and Amazon, could be taxed. The leaders had initially set the deadline for the consensus as 2020, however, extended it to June 2021 last year after the US, which is home to major technology giants, pulled out from the talks.Now with Joe Biden taking over the reins, how close or far is the world in its pursuit of finding digital tax consensus?Hope in the air…“We do not expect to see a fundamental shift in the US position given the bipartisan statements that have been made on this issue but perhaps with a new set of eyes looking at these issues, and a strong desire to avoid tax and trade wars, a consensus-based compromise can be found,” OECD’s official Grace Perez Navaroo told ETCFO in an … [Read more...] about Joe Biden arrives but will digital tax solution get any easier?

NEW DELHI: Airtel Payments Bank on Wednesday launched ‘Airtel Safe pay’ for customers to provide protection against growing incidents of online payment frauds. The ‘Airtel Safe Pay’ solution provides an additional layer of payment validation against the industry norm of two-factor authentication, said Airtel. “With ‘Airtel Safe Pay’, Airtel customers making UPI or Netbanking based payments through Airtel Payments Bank, no longer have to worry about money leaving their accounts without their explicit consent,” it added. Airtel said this solution will provide the “highest level of protection” against frauds such as phishing, stolen credentials or passwords, and phone cloning. “We are happy to leverage Airtel’s core telco strengths to bring to the market this unique capability that ensures that our customers have full control over their transactions. This sets a new benchmark in the Indian digital payments space by … [Read more...] about Airtel Payments Bank launches ‘Airtel Safe Pay to prevent digital payment frauds

Digital Refresh Networks (DRN), an integrated creative and digital marketing solutions company, bagged the digital mandate for the Adani Group for Kings Oils, Alife, and ‘Fortune Suposhan’ — from 'Adani Wilmar Group'.The account was won following a multi-agency pitch and will be handled out of the agency’s Mumbai office. The agency said, with this mandate Adani Wilmar hopes to leverage its business digitally to drive their core objective, which is establishing and familiarising the brands locally.Sanjay Adesara, head media and digital, Adani Wilmar, said, “We are glad to be associated with Digital Refresh Networks. The agency has been in the forefront of the digital marketing industry with great experience across the multiple domains of digital communication and marketing solutions."Barin Mukherjee, co-founder and CEO, Digital Refresh Networks, said, “Our expertise in conversing in multiple languages across the length and breadth of the country will … [Read more...] about Digital Refresh Networks bags digital mandate for Adani Wilmar

Riding on Digital India for digital transformation to drive the manufacturing sector on the back of AI, cloud computing, IoT, blockchains, and robotics can create $1 trillion economic value from the digital economy by 2025 up from $200 billion currently, Niti Aayog CEO Amitabh Kant asserted while evaluating the role of data to catch India’s growth targets. “In order to take its rightful place in the global supply chains, India is leveraging technologies and applying them across the manufacturing value chains to gain competitiveness. Data will be critical to meet these goals,” Kant said during the India Digital Summit 2021.The Niti Aayog CEO during his virtual address stressed that post-Covid-19 pandemic era will only see those countries grow that use a vast digital ecosystem. “Post- pandemic global supply chains will be restructured, and you can be only competitive if you can use the power of technology,” he said.According to Kant in the last few years the … [Read more...] about Digital India to drive digital economy to $1 trillion by 2025: Amitabh Kant