Snapdeal launched its Data Science Centre in California

The Indian Ecommerce portal Snapdeal has announced the launch of its data science centre in California. The centre, to be headed by Nitin Sharma, Senior Vice President of Data Sciences, is in line with its vision to on-board top global talent and build high-value solution.




According to the firm, the data sciences centre will focus on big data and advanced analytics to provide perspective and clarity to Snapdeal’s consumer initiatives, while reshaping the business strategy of the company to optimise its operational efficiencies through data and analytics.

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Digital Single Market in Europe

Europe is going for a digital single market which integreates 28 national markets in to single one. The European Commission has now presented a plan that consists of three parts. The plan consists of three measures: tackling geoblocking, making cross-order parcel delivery more affordable and efficient and promoting customer trust.

Geoblocking, cross-border delivery & customer trust:-

The European Commission has proposed new ecommerce rules which should help European consumers and companies benefit from the Digital Single Market. 

Students performance tracker

The Union HRD Minister is planning to launch the new scheme Shaala ASMITA, an acronym for All School Monitoring Individual Tracking and Analysis.

This scheme will be helpful to track the academic performance of school children across the country and also identify the dropouts.  Under this online system, data related to all schools will be collected with the assistance of local and state administration and their performance will be monitored, official sources said. It is a simple process under which the Aadhaar number or a specially generated number will be used to track a child's progress, officials said.

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New Automobile tax

There is a new automobile tax which is confirmed from the budget speech of finance minister Mr.Arun Jaitley. He said that it is necessary to pay 1% tax at source on luxury cars priced above Rs 10 lakh. This tax would be levied on ex-showroom price and the dealer would have to collect and pay it to the government. 

This tax is essentially applicable even when someone sells a vehicle costing Rs 10 lakh or more in the second hand market. Unlike what was originally expected, the rule that is approved as part of the Finance Bill and will come into effect on June 1 covers all types of vehicles, not just passenger vehicles.

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