Miscellany

Miscellany

Govt makes PAN linking with Aadhaar mandatory from Ju

All PAN card holders will have to link the income tax permanent account number with their 12- digit biometric identifier Aadhaar from July 1, a government notification said.
Also, Aadhaar number or Aadhaar enrolment ID will have to be mandatorily quoted while applying for PAN as well as for filing of income tax returns.

India's largest container port disrupted by global cyber attack

Operations at one of three terminals at India's largest container port JNPT, near the commercial hub of Mumbai, have been disrupted by the global ransomware attack, the port said on Wednesday.

The affected terminal is operated by Danish shipping giant AP Moller-Maersk, which said on Tuesday that the cyber attack had caused outages in its computer systems globally.

Ready or not, Indian businesses brace for biggest-ever tax reform

Businessman Pankaj Jain is so worried about the impending launch of a new sales tax in India that he is thinking of shutting down his tiny textile factory for a month to give himself time to adjust.

Jain is one of millions of small business owners who face wrenching change from India's biggest tax reform since independence that will unify the country's $2 trillion economy and 1.3 billion people into a common market.

Bias still at work, men preferred over women in corporate hiring

Gender diversity may be a politically correct proposition, but when it comes to corporate hiring, the reality is men are preferred to women even if the two are equally qualified for the same job.
This is one of the findings by a Randstad Workmonitor survey, where 55 per cent of overall respondents from India indicated that men are favoured over women when two candidates are equally qualified for the same set of responsibilities.

Cyber attacks wobble MNCs

Several multinational companies said on Tuesday they were targeted in a massive wave of cyber attacks, which started in Russia and Ukraine before spreading to western Europe.
Danish sea transport company Maersk, British advertising giant WPP and the French industrial group Saint-Gobain were among those who said they came under attack and put protection protocols in place to avoid data loss.
The first reports of trouble came from Ukrainian banks, Kiev’s main airport and Russia’s Rosneft oil giant, in a major incident reminiscent of the recent WannaCry virus.

50% cloud using firms suffered cyber attacks

More than half of the Indian firms that have migrated to public cloud have experienced cyber attacks. Almost 78 per cent of Indian firms find security conce­r­ns as a restraining factor fr­om migrating to public cloud.
Almost 53 per cent of the Indian companies, which responded to the global survey done by Barracuda Netwo­r­ks, a cloud-enabled security and data protection soluti­o­ns provider, said they had experienced at least one cyber attack on using public cloud.

With Alphabet, Google faces a daunting challenge

Google’s self-professed mission is to organise the world’s information. But a company known for engineering excellence is still trying to solve the very human problem of how to organise itself.
Nearly two years ago, Google co-founder Larry Page announced the tech giant would be remade as Alphabet, a holding company whose units would include Google and an array of unrelated pursuits in areas such as healthcare, self-driving cars and urban planning.

Getting right tutor

GenextStudents, India's first hybrid tutoring platform combining the best of private tutoring with technology enabled learning for CBSE, ICSE and state boards, floated by two London School of Economics alumni - Ali Asgar Kagzi and Asad Daud, is now gearing up to have 80,000+ ‘TUTORPRENEURS’ onboard providing 10 million tutoring sessions by 2020. It has also drawn up an ambitious plan of reaching tier-2 and 3 cities and towns along with Lucknow and Bangalore, where it has recently launched its operations and Jaipur, Hyderabad and Chennai.

Software testing complete, ready for smooth GST rollout: GSTN

GST Network, the company providing technology backbone for the new indirect tax regime, today said it has completed all software trials and testings necessary to successfully rollout GST from July 1.
Over 66 lakh taxpayers have enrolled on the GSTN portal, Chairman Navin Kumar said.
"GST IT system has undergone all mandatory tests and has been opened for new registrations and enrolments on June 25. We would like to assure everyone that the system is functioning smoothly," he said.

Will continue focus on India's premium smartphone mkt: OnePlus

Chinese handset maker OnePlus will continue to focus on the premium handset market in India, a segment that is dominated by Samsung and Apple, to drive its growth in the country.
"India is a very important market for us. We have seen our market share growing here and we will continue to focus on the premium segment (USD 400 and above) here," OnePlus General Manager India Vikas Agarwal told PTI.

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