New Delhi: Payment technology major Mastercard India on Thursday said it has elevated Vikas Varma to the position of chief operating officer. In his new role, Vikas will lead initiatives related to new partnerships and development of digital payments solutions in the country, a company statement said.

These initiatives will further accelerate Mastercard's ongoing focus on technology innovation, merchant acceptance, and consumer adoption of digital payments, it added.

Recently, Mastercard announced an investment of USD 1 billion (around Rs 7,100 crore) over the next five years in India. It had committed USD 1 billion investment between 2014-19.

"Vikas will play a critical role in channelizing this investment towards Mastercard's long-term strategy for the India market," the company said.

Given the importance of innovation for a digitally-empowered society, Mastercard has been actively involved in nurturing the fintech ecosystem in India through a variety of partnerships and the infusion of capital into early-stage startups, it added.

With the Organisation of Economic Co-operation and Development (OECD) proposing an overhaul in the taxation system for digital companies, cyber experts on Thursday urged the Indian government to speed up necessary changes in domestic laws on internet taxation so that tech giants like Google, Facebook and Amazon can be asked to shell out taxes they have been evading for years.

The OECD on Wednesday published a proposal to advance international negotiations to ensure large and highly profitable multinational enterprises, including digital companies, pay tax wherever they have significant consumer-facing activities and generate their profits.

According to cyber experts, given the fact that India is not yet a part of OECD, it is imperative that India must be mindful of the way how things are evolving.

"The Indian approach on the Internet taxation has left much to be desired. India has not yet crystal clearly defined its holistic national approach and perspectives on taxation on the Internet," Pavan Duggal, the country's leading cyber law expert and privacy advocate, told IANS.

However, it is essential that India is mindful of the global developments that are taking place in this regard and must come up with its own taxation approaches, which are in sync with the global trends that are emerging.

"Further, India needs to distinctly be walking in the path of ensuring that legal entities who are offering their services via the internet in India, whether they are physically present in India or not, would be subject to Indian taxation," Duggal elaborated.

The new OECD proposal is based on the work of the OECD/G20 Inclusive Framework on base erosion and profit shifting (BEPS), which groups 134 countries and jurisdictions on an equal footing, for multilateral negotiation of international tax rules, making them fit for purpose for the global economy of the 21st century.

"We're making real progress to address the tax challenges arising from digitalisation of the economy, and to continue advancing toward a consensus-based solution to overhaul the rules-based international tax system by 2020," said OECD Secretary-General Angel Gurria.

According to advocate Virag Gupta, in the K.N. Govindacharya petition before Delhi High Court in 2012, taxation of Internet companies was first raised when the government of India gave "Double Tax Avoidance Agreement: as reason to not tax foreign Internet companies.

The OECD proposal "may strengthen the case for taxation where these companies are having huge business or presence. But how can tax haven countries can be compelled to follow the OECD guidelines?" Gupta told IANS.

Countries like China, France and Germany have shown political will-power to tax Internet companies but India has miserably failed to tax Internet giants despite being the biggest market.

"India's Parliament is supreme and sovereign to tax these companies for which necessary amendments are to be made in the Income Tax Act, Companies Act and Information Technology (IT) Act etc," he suggested.

According to him, India was always free to tax these companies.

"In this current economic slowdown, OECD decision may enable government to bring new tax regime by which digital companies may be taxed," Gupta added.

New Delhi: Shares of telecom companies on Thursday rose up to 7 per cent in the wake of Reliance Jio deciding to levy call connect charges from customers, a move that is likely to be followed by rivals. Bharti Airtel shares jumped 7.19 per cent to touch a 52-week high of Rs 385 apiece on the NSE. In afternoon trade, it was up 4.88 per cent up at Rs 376.95.

Similar trends were witnessed on the BSE too. The scrip rallied 6.65 per cent to hit a 52-week high of Rs 384.85 apiece. After shedding some gains, the shares were trading 4.91 per cent higher at Rs 376.90 in afternoon session.

Vodafone Idea were trading 6.34 per cent higher at Rs 6.21 on the BSE and was up nearly 6 per cent at Rs 6.20 on the NSE.

Unlisted Reliance Jio Infocomm is part of Reliance Industries, whose shares gained 2.70 per cent at Rs 1,361.55 on the BSE. On the NSE, the scrip went up 2.78 per cent to Rs 1,361.55.

According to a Kotak Institutional Equities research report, Bharti Airtel and Vodafone Idea can take this as an opportunity to become more competitive.

The report noted that Jio's move would dilute the pricing architecture, one of the most critical changes Jio brought to the industry.

"If Jio gets Rs 15 ARPU (Average Revenue Per User) uplift, we believe Airtel and Vodafone Idea could see a Rs 8-odd and Rs 6-odd ARPU uplift, respectively, as well," the report said.

In a research note, UBS said it remains to be seen whether Bharti and Vodafone Idea would follow Jio in introducing similar charges for off net calls, "although we see high chance that they follow Jio".

On Wednesday, Reliance Jio said it would charge 6 paise per minute for voice calls made by its users to mobile phones networks of rivals after indications that call connect charge may not end by the previously mooted deadline of December 31.

Bharti Airtel raising USD 750 million (about Rs 5,330 crore) from investors based in Asia, Europe and the US, also helped boost the company's shares.

New Delhi: Food delivery platform Zomato has paid more than $100,000 (over Rs 70 lakh) to 435 hackers till date for finding and fixing bugs on its platform.

In fact, $12,350 (over Rs 8.7 lakh) in bounties were paid in the last 90 days alone, said HackerOne, hacker-powered bug bounty platform.

With the help of HackerOne's bug bounty programme since July 2017, Zomato has successfully resolved 775 vulnerabilities report, HackerOne told IANS on Thursday.

"Zomato security team is tasked with protecting sensitive information for over 55 million unique monthly visitors," it added.

For the critical bug discovery on its platform, Zomato pays $2,000 to security researchers, $700 for bugs with high-severity impact, $300 for medium and $150 for low-impact vulnerabilities.

In May 2017, hackers broke into the online food delivery service, stealing email addresses and hashed passwords of nearly 17 million records of its registered users.

Zomato had said that no payment information or credit card data was stolen or leaked. It had reset the passwords for all affected users and logged them out of the app and website.

According to the company, it takes security seriously.

"We're committed to protecting our community. If you are a security researcher or expert, and believe you've identified security-related issues with Zomato's website or apps, we would appreciate you disclosing it to us responsibly," the company said in blog post.

"The scope of issues is limited to technical vulnerabilities in the Zomato website or mobile apps. Please do not attempt to compromise the safety or privacy of our users (so please use test accounts), or the availability of Zomato through DoS attacks or spam," Zomato told security researchers.

Zomato currently operates in 24 countries like the US, Australia, the UK, Canada, Turkey, UAE, Qatar, Portugal, South Africa, New Zealand and more.

Zomato on October 1 said its India revenue for the first half of the financial year 2019-20 saw a massive three-fold jump -- from $63 million in the same period in 2018-2019 to $205 million this time.

It is now present in over 500 cities across the country.

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5. Tap on Bluetooth option

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6. Set your mouse in discoverable mode and tap on it when the iPad detects it to connect

Oppo A83 price in Pakistan and launch offers

Oppo A83 price in Pakistan starts at Rs. 22,000. This is for the base variant that comes with 3GB of RAM and 32GB of internal storage.

• Retail Price of Oppo A83 in Pakistan is Rs. 22,000.
• Retail Price of Oppo in USD is $164.

OPPO A83 - Another Mid-Ranger Is On Its Way!

Right now OPPO concentrated on A83 that seems to be launch in next few days. In the past month F5 was launched to beat Huawei Mate 10 Lite and Samsung Galaxy J7 Pro but now we got OPPO A83 which is going to launch without any fear to get a competition which their flagship have to face. Still this phone has to compete with Samsung Galaxy J5 Pro from but it seems that OPPO's A83 has the ability to stand against competitor like Samsung. On the front side you will get the strengthen glass to cover the IPS matrix of the display while OPPO A83's display size is 5.7 inches which seems to be a natural for Full Vision display and here it is necessary to talk about the resolution of display which is 720 x 1440 and pixel density of OPPO furbished A83 is 282 pixels per inch. Android OS v7.1 Nougat is installed as the base of the software which ha got the topping of Color OS 3.2 which is specially made by OPPO and it almost used in all device including A83. Mediatek Helio P23 with model number MT6763T is planted to inside to provide a solid base to octa core processor which has got 2.5 GHz of clock speed. A83 got new series GPU Mali G71 MP2 which is going to take the responsibility to decorate the graphics even more better as compare to previous models. 4 GB of RAM is hired for A83 which is going to assist him in the multi-tasking and gaming department. Internal storage of the smartphone is only 32 GB which is too low storage capacity for a device of this caliber. A83 brought you 13MP back camera while front camera is only 8MP. Battery department got some boost with non removable Li-Ion 3090 mAh battery. Body of A83 by OPPO used aluminum which mean that quality of this device is quite solid and it can stand against all kind drop test. Dual SIM card slots and micro SD card slot give opportunity to OPPO A83 to expand its storage up to 256GB.

Oppo A83 detailed specifications

Oppo F5 6GB price in Pakistan

Oppo F5 6GB's retail price in Pakistan is Rs. 39,899. Official dealers and warranty providers regulate the retail price of Oppo mobile products in official warranty.

• Retail Price of Oppo F5 6GB in Pakistan is Rs. 39,899.
• Retail Price of Oppo in USD is $297.

OPPO F5 6GB - Reveal Your Real Beauty With Selfie Master!

OPPO has officially announced that F5 6GB version is also coming which is going to be the most expensive device form this brand. This news spread like a fire in jungle that's why its mandatory to reveal OPPO F5 6GB's Youth specifications to the public. We got our hand on solid information that this phone is coming with blazing fast 6 GB of RAM and which is going to make F5 6GB's multi-tasking super fast and now your games and applications is going to run with a speed of light. Its a big honor for use to revel this information to the public of Pakistan that OPPO F5 6GB going to be called the Pro of this era due to its unique set of specifications. Dual camera is going to be your next best buddy that will tackle all your selfie needs. OPPO's F5 6GB also got something special and it is its Full Vision Display LCD which has packed the resolution of 1080 x 2160 pixels and ratio will be 18:9. Display setup of both F5 6GB by OPPO Youth is known as the full high definition plus and it will bring extra clarity to the picture quality and where the height of the display is 6 inch while the width of OPPO 6GB is reduced to give you better view in playing games and doing other things that you need to perform on the horizontal screen. Android OS Nougat is running trough veins of OPPO F5's 6GB which is also very light where the color OS is also playing special role in making things looks even better. 4000 mAh battery which is fixed inside the OPPO F5 6GB is hired to take care of energy needs of the gadget.

Oppo F5 6GB detailed specifications