Internet content censorship from India up 49%: Google

June 18, 2012
Google17

New York, June 18: Internet giant Google has reported a sharp rise of 49% in online content censorship from India as it said the trend of blockage were increasing from governments round the world, more surprisingly from Western democracies.

Google said it had received more than 1,000 requests from governments around the world in the second half of last year to take down items such as YouTube videos and search listings, and it complied with them more than half the time.

The internet giant said political comments were a prime target as the number of requests for the company to remove content from the reach of internet users jumped manifold.

"We noticed that government agencies from different countries would ask us to remove political content that the users had posted," a top Google official said.

He said the number of content removal requests received by Google in India was 49% higher in the second half of last year than in the first six months.

But the requests made by New Delhi were not released in the company's transparency report made public yesterday.

Google reported that it went along slightly more than half of the approximately 1,000 requests it received to remove material or links.

The Google report does not provide insights from countries such as China, where tight Internet controls allow blocking of content.

The net blockage request from governments ranged from satires on military Generals in Pakistan, request from UK police officers to terminate six YouTube videos for terror contents and SOS for removal of as many as 149 videos for allegedly insulting the monarchy in Thailand.

Google said Pakistan's ministry of information of technology asked it to remove six YouTube videos that satirised the country's military and senior politicians.

"We did not comply with the request," it said. A company top official said that the prime request from the governments were mostly to take down political speech. "It's alarming not only because free expression is at risk, but because some of these requests come from countries you might not suspect - Western democracies not typically associated with censorship."

Like India, content removal requests doubled from the US in the second half of last year as Ukraine, Jordon and Bolivia showed up for the first time on the list of countries out to have materials removed.

From political to terror inspirations, Google said that requests at times became ludicrous as Canadian officials wanted removal from YouTube of pictures of a citizen peeing on his passport and flushing it down a toilet.

Releasing the transparency report, Google said it hoped to continue to contribute to the public debate about how government behaviours are shaping our web.

Overall, the firm said it had received 461 court orders covering a total of 6,989 items between July and December 2011. It said it had complied with 68% of the orders.

The company said it had received a further 546 informal requests covering 4,925 items, of which it had agreed to 43% of the cases.

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Agencies
May 17,2020

New Delhi, May 17: Eight of the 10 most valued domestic firms suffered a combined erosion of Rs 1,37,311.31 crore in market valuation last week, with Reliance Industries (RIL) taking the biggest knock.

Only Bharti Airtel and ITC from the top-10 list managed to close the week with gains.

RIL's market cap plunged Rs 65,232.46 crore to Rs 9,24,855.56 crore.

The market valuation of HDFC Bank declined Rs 22,347.07 crore to Rs 4,87,083.88 crore and that of Hindustan Unilever Limited tanked Rs 13,192.26 crore to Rs 4,77,458.89 crore.

ICICI Bank's market cap dropped Rs 9,770.06 crore to Rs 2,08,900.79 crore.

Infosys witnessed a decline of Rs 9,518.84 crore in valuation to reach Rs 2,77,814.09 crore while that of HDFC tumbled Rs 9,370.38 crore to Rs 2,83,293.70 crore.

The m-cap of Kotak Mahindra Bank slipped by Rs 7,805.2 crore to Rs 2,25,327.22 crore.

Tata Consultancy Services' market valuation dipped Rs 75.04 crore to Rs 7,10,439 crore.

In contrast, Bharti Airtel added Rs 13,147.89 crore to its valuation to stand at Rs 3,02,292.43 crore.

ITC's valuation also rose by Rs 7,744.11 crore to Rs 2,02,330.13 crore.

In the ranking of top-10 firms, RIL retained the number one spot, followed by TCS, HDFC Bank, HUL, Airtel, HDFC, Infosys, Kotak Mahindra Bank, ICICI Bank and ITC.

During the last week, the Sensex declined 544.97 points or 1.72 per cent.

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News Network
January 13,2020

New Delhi, Jan 13: Walmart, the world’s largest retailer, has fired around 50 of its India executives as part of its restructuring in the country, three sources with direct knowledge said.

The move underscores the struggles Walmart has faced in expanding its wholesale business in India. The Bentonville, Arkansas based company currently operates 28 wholesale stores where it sells goods to small shopkeepers, and not to retail consumers.

The firings mostly affected executives in the company’s real estate division because the growth in the wholesale model has not been that robust, two of the sources said.

“It’s happening because focus is shifting to e-commerce rather than physical (stores),” said one source, who declined to be identified as the decision is not public.

Walmart did not respond to a request for comment.

Walmart has placed bold bets on India’s e-commerce sector. In 2018, it paid $16 billion to acquire a majority stake in India’s online marketplace Flipkart, in its biggest global acquisition.

The second source added that while Walmart could slow down the pace of opening new wholesale stores, the focus will increasingly be on boosting sales through business-to-business and retail e-commerce.

Some of the executives were sacked last week and more could be let go on Monday, two sources said.

In a statement to India’s Economic Times newspaper, which first reported the news, Walmart said it was always looking for ways to operate more effectively and that “this requires us to review our corporate structure to ensure that we are organized in the right way to best meet the needs of our members.”

Walmart has around 600 staff in its India head office out of a total of around 5,300 nationally, one of the sources said.

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News Network
June 24,2020

New Delhi, Jun 24: Over 1,500 urban and multi-state cooperative banks will be brought under the supervisory power of the Reserve Bank of India (RBI), said Union Minister Prakash Javadekar on Wednesday.

"Government banks, including 1,482 urban cooperative banks and 58 multi-state cooperative banks, are now being brought under supervisory powers of Reserve Bank of India (RBI); RBI's powers as they apply to scheduled banks will apply for cooperative banks as well," Javadekar said at a press conference, through video conferencing.

"The decision to bring 1,540 cooperative banks under RBI's supervision will give an assurance to more than 8.6 crore depositors in these banks that their money amounting to Rs 4.84 lakh crore will stay safe," he added.

The Minister of Information and Broadcasting further said that the Union Cabinet has approved a scheme "for interest subvention of 2 per cent to Shishu loan category borrowers under Pradhan Mantri Mudra Yojana, outstanding as on March 31, 2020, for one year to eligible borrowers."

The Minister also said that the Union Cabinet has approved the declaration of Kushinagar Airport in Uttar Pradesh as an international airport.

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