Citizens' Issues
Free wi-fi at nine more railway stations
New Delhi : Indian Railways internet service arm Railtel and internet giant Google on Friday launched free high-speed public wi-fi service at nine railway stations across India.
 
"After the first launch at Mumbai Central, starting today (Friday), users in Pune, Bhubaneshwar, Bhopal, Ranchi, Raipur, Vijayawada, Kacheguda (Hyderabad), Ernakulum Junction (Kochi) and Vishakhapatnam will be able to access the network using their smartphones for free," said a joint statement.
 
"Travellers passing through these stations will now be able to easily stream a high definition video while they are waiting, research their destination, download a book or a new game for their journey," it added.
 
The service built over Railtel's fibre network will be formally launched by Railway Minister Suresh Prabhu soon.
 
In association with Indian Railways and Railtel, Google aims to spread the high speed wi-fi service across 100 of India's busiest railway stations by the end of 2016 to enable 10 million people access internet, and eventually spread the scheme to 400 stations.
 
"As internet adoption grows in India, easy and affordable access to high-speed networks is the real need of the hour. But our real hope is that this project will set new benchmarks," said Google's Gulzar Azad while Railtel chairman R.K. Bahuguna said the long term goal of the wi-fi service is to make it self-sustainable.
 
"And while the service will be free for a reasonable amount of time, our long-term goal is to make this project self-sustainable to allow for expansion to more stations and places in the future," he said.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

User

Economic crime affects every 4th Indian firm, bulk by staff: PwC study
Mumbai : Economic crimes continue to remain a serious concern in India, with more than one out of every four organisations getting impacted by it, even as 61 percent of them are committed by employees themselves, says a PricewaterhouseCoopers (PwC) study.
 
Giving an India perspective of the findings emerging from the "PwC Global Economic Crime Survey 2016", the global consultancy said asset misappropriation was the most common type of economic crime, followed by procurement fraud and bribery and corruption.
 
The survey reflects the pervasiveness of the problem in the country, it said.
 
Giving some more interesting facts, the survey said in 43 percent of the cases, a mid-level employee is the main perpetrator of a crime in India against 35 percent globally. Then, 61 percent are in the 31-40 age group -- higher than the global average of 42 percent.
 
"Organisations can no longer afford to be in a reactive mode when it comes to economic crimes. Companies need to adapt their risk assessments and control frameworks fast enough to prevent such crimes," said Dinesh Anand, partner and leader for forensic services.
 
He said it was also encouraging to see an increasing aspiration among Indian businesses to move beyond statutory compliance and into the domain of self-regulation with many companies no longer wanting it to be a "tick in the box" exercise.
 
"The true cost of economic crime to the Indian economy is difficult to estimate, especially considering that actual financial loss is often only a small component of the fallout from a serious incident. The reputation cost of such crimes is often much higher," Anand added.
 
The survey, the global consultancy said, was conducted online with 6,337 respondents from 115 countries -- 45 percent of the respondents being at board levels and 30 percent serving as heads of departments or business units.
 
Other key findings:
 
- A fraudster generally is a highly-educated male, 31-40 years old, at junior-to-mid level.
 
- 56 percent of Indian respondents perceived increased risk of cybercrime.
 
- 16 percent organisations experienced cybercrime in the past two years.
 
- Only 45 percent of organisations have fully trained first responders on cybercrimes.
 
- 88 percent of organisations in India have a formal ethics and compliance programme.
 
- 56 percent of organisations witnessed an increase in their spend on compliance.
 
- 94 percent of respondents said their organisations had a clear code of conduct.
 
- 15 percent said their leaders did not walk the talk on code of conduct.
 
- 24 percent said communication and training was unclear.
 
- 19 percent feared retaliation for reporting a violation.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

User

T.N. Ninan to get Mumbai Press Club's lifetime achievement award
Mumbai : Veteran journalist T.N. Ninan, the chairman and editorial director of the Business Standard Group, has been selected for this year's RedInk Award for Lifetime Achievement in Journalism by the Mumbai Press Club, it was announced on Friday.
 
The coveted RedInk Journalist of The Year shall be given to NDTV India's senior executive editor Ravish Kumar.
 
The awards, part of the RedInk Awards for Excellence in Journalism, will be presented at a function here on April 26 to be attended by Maharashtra Governor C.V. Rao and union Power and Coal Minister Piyush Goyal.
 
Ninan has been recognised for his "extensive contribution to business journalism through good editorial leadership" he provided over the years to a host of publications.
 
"In the face of challenging business conditions, he managed to revive and stabilize the Business Standard Group as an institution with high editorial standards," said a Press Club statement.
 
Kumar has been recognized for his "consistent and down to earth reporting on politics and issues that concern the common man", it added.
 
Besides these two flagship awards, the RedInk Awards for Excellence in Journalism will be given away in 10 other categories for meritorious work in print, television and digital formats including politics, crime, health, business, environment, human rights, science and innovations, entertainment and lifestyle, sports and photography.
 
This year's award jury for various categories comprised former Bombay High Court judge, Justice B. N. Srikrishna, SBI chairperson Arundhati Bhattacharya, and journalists Sudheendra Kulkarni, Shobha De and Harsha Bhogle.
 
This year the theme was 'To Rise Above It All' for which around 1,500 entries and nominations were received, nearly double of 2015.
 
Some of the past recipients of the RedInk lifetime honours include the late Vinod Mehta, Kuldip Nayar, N. Ram, Mrinal Pande and Prannoy Roy.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

User

We are listening!

Solve the equation and enter in the Captcha field.
  Loading...
Close

To continue


Please
Sign Up or Sign In
with

Email
Close

To continue


Please
Sign Up or Sign In
with

Email

BUY NOW

The Scam
24 Year Of The Scam: The Perennial Bestseller, reads like a Thriller!
Moneylife Magazine
Fiercely independent and pro-consumer information on personal finance
Stockletters in 3 Flavours
Outstanding research that beats mutual funds year after year
MAS: Complete Online Financial Advisory
(Includes Moneylife Magazine and Lion Stockletter)