Page-20 of IT

Fact Box: India Post 2012 Project

June 2, 2013

What is ‘India Post 2012’ project? ‘India Post 2012’ project is a multi-faceted IT automation programme which was cleared in year 2010 by Cabinet Committee on Economic Affairs with a total outlay of 1877.2 crores. Vision of the Project: India ..

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TCS gets Rs 1,100-cr contract from India Post

June 2, 2013

Tata Consultancy Services, India’s largest software exporter has bagged a six-year Rs 1,100-crore systems integration contract from India Post as part of the latter’s ‘India Post 2012’ programme to modernize its technology infrastructure. The scope of the project,  includes developing ..

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Punjab government gives nod to online lottery system

June 2, 2013

The Punjab government has given approval for starting an online lottery system to enhance revenues of the state. How will it work? The online lottery system would be conducted, operated and regulated in accordance to the Lottery Regulation Act, 1998 and the ..

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Google offers cash by email service

May 23, 2013

Web search giant Google has introduced a new feature on company’s Gmail service which will enable its users to send cash. The service has currently been launched in the US. How does it work? The facility works in conjunction with ..

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SEBI to double charges for Algorithmic (Algo) trading

May 23, 2013

Market regulator SEBI has announced that it will double the charges for orders based on Algorithms (algo) in stock exchanges from May 27, 2013. What is Algo Trade? Algorithmic (Algo) trading refers to orders generated by use of advanced mathematical ..

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Union Government approves National Cyber Security Policy

May 13, 2013

The Union Government of India approved a National Cyber Security Policy with the objective to create a secured computing atmosphere across the country.  Key objectives of the Cyber Security Policy: Capacity-building to bolster the existing set-up and increase the focus ..

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