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Weekly Digest (2nd-6th Feb 2009): The IT Act 2008

Date: 2nd to 6th Feb 2009
Segments: Editorial, Poll Results, Earnings, Discussion, Articles, Industry News, Events, Jobs

Editorial
Last Thursday, I attended a discussion on India’s Information Technology Act (Amendment) 2008 organized by Assocham. The law was passed on December 22nd by the Lok Sabha, and 23rd by the Rajya Sabha without any debate, much like its predecessor – the IT Act of 2000. 

On the panel were two key government executives who were involved with the framing of the Act – Jainder Singh, Secretary of the Ministry of Information & Technology, Gulshan Rai, Director for India’s Computer Emergency Response Team (CERT-IN). They will also be instrumental in finalizing the specific rules that will impact the operations Digital Media and Telecom businesses, as well as IT, ITES; in that respect, it was important for Indian Internet and Telecom companies to attend.

There weren’t many people in the audience, so the discussion was open, occasionally sharp and always insightful. Representatives from Google, Microsoft and E-Bay were there, but sadly, apart from Bharti Airtel and Time Broadband, one found that most Indian Digital companies and their representative organizations did not participate. Indian companies lost the opportunity to put forth their point of view and impact the framing of the rules that will impact all of our businesses, while Google was fairly upfront with their viewpoint.

The IT Act may very soon become law and the IT Secretary is currently accepting feedback in order to define the rules that will govern this industry.  It’s going to impact your business, so please do make adequate representation to the government.

Poll Results

pollresults1

Q309 Earnings: Geodesic, Info Edge Earnings CallVodafone India
Discussion: The $10 Laptop: A Myth,  Tubaah.comMTNL 3G Data PriceWeb18 IPO. More recent discussions here.

Articles

— The $10 Laptop: A Myth
— Q309 Call: Why Info Edge Sales Were Down Only 10% In Q3
— On Google Latitude Vs BIG Maps
— 3G May Also Be About Data, Not Just Voice: BDA-FICCI Report
— GETIT Yellow Pages Gets $4 Million From Helion Ventures
— Q309: Simputer Gets A New Lease Of Life? Geodesic Acquires Uruguay Software Co; Chandamama
— Astro Buys 50% Stake In Mogae; Mobile Social Network, Local Search
— Spice Group Acquires Cellucom India
— NDTV Convergence Launches Tubaah.com; Challenges
— MTNL Launches 3G With Data Priced At Rs. 5/MB
— SREI Sahaj To Invest Rs 10 Billion On Kiosks; Rural Job Portal Chaakri; Mobile CSCs?
— Affle Partners With Idea Cellular
— Round Up: Nokia’s Zook, MTNL’s MobileVoiceEmail and Dev-D by Indiagames

Industry News

— mChek Ties Up With Gemalto For Mobile Payment Markets in South Asia
— Tata Indicom Launches Hindi Website
— Ozone Media makes it to OnMedia 100 global list
— Hungryzone.com adds 2 new exciting features to their online portal
— IndiaMART.com, Naukri.com chiefs speak on winning through economic crisis
— OnYoMo City Search Goes Social with a cool Facebook App

Please send updates related to your company at releases@medianama.com

Industry Moves

— Sanjay Singh has joined One97 Communications as CTO. He joins from Dilithium Networks, where he was MD for India
— Dhruv Shenoy has joined Guruji as President. He was Country Manager for Monsters Middle East operations

Events
— Feb 10th: MozillaCamp, Delhi
— Feb 13-15: Converging World 2009, Kolkata
— Feb 14: Startup Saturday – Bangalore, Delhi, Kolkata, Mumbai
— Feb 14-15: Yahoo Open Hack Day

To get your event listed, contact nikhil@medianama.com

Jobs
To post a job at MediaNama, contact nikhil@medianama.com

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