Technology and Innovation News Updates

Capital Infusion Scheme of the Government can be a Major Game Changer for Economic Boost: Assocham

Monday, October 30 2017

Capital Infusion Scheme of the Government can be a Major Game Changer for Economic Boost: Assocham

“As the details emerge in the coming few weeks and months, these stocks, particularly of the larger banks can easily move up by another 30-40 per cent, taking their market capitalization commensurately high. This would surely mean, that if the banks are able to encash the sweet spot, they can easily raise much more than Rs 58,000 crore,” said the ASSOCHAM report. If the change of perception for PSU banks , post the mega capital infusion scheme is any indication, dilution of government equity, up to 52 per cent in the state-owned lenders can fetch valuation much higher than the estimated potential of Rs 58,000 crore as provided in the Rs 2,11,000 crore re-capitalisation plan, an ASSOCHAM report has said. “As PSU banks have been given over-weightage following the government announcement of capital infusion, their valuations have already gone up between 20-30 per cent in the first few days, even before unveiling of details of the recapitalization bonds and the reform roadmap. As the details emerge in the coming few weeks and months, these stocks, particularly of the larger banks can easily move up by another 30-40 per cent, taking their market capitalization commensurately high. This would surely mean, that if the banks are able to encash the sweet spot, they can easily raise much more than Rs 58,000 crore,” said the ASSOCHAM report. It said to the extent, the market is ready to give a premium on the PSU banks, notwithstanding some profit-taking, post October 24, the government can then tweak the projects bonds and reduce their size below Rs 1,35,000 crore , bringing down the interest burden on the budget and avert pressure on the fisc. The government holding in several banks is still well above the 52 per cent mark, which had been decided to be maintained. “It is a different matter that the money so raised by government dilution would accrue to the banks and not the exchequer. All the same , all this financial revamp would ultimately lead to a huge benefit to the government itself , in terms of higher market capitalisation. After all, the largest shareholder would still be the Government of India,” said the ASSOCHAM Secretary General Mr D S Rawat. Besides, the chamber report said that once the uptick in lending resumes, there would be consequent advantages by way of higher economic growth and tax buoyancy.

New GST Rate Cuts Likely for Small Manufacturers, AC Restaurants

Monday, October 30 2017

New GST Rate Cuts Likely for Small Manufacturers, AC Restaurants

The GoM has also proposed inclusion of job work for manufacturers under the composition scheme, which is not allowed at present, he said. “The small manufacturers felt that their machines are idle for 2-3 months, so they should get a chance to include job work if they have opted for composition scheme and so we will recommend the same to the Council. Small businesses commonly known as SMEs , under the Goods and Services Tax ( GST ) are set to receive a fresh booster dose with a proposed flat rate of 1 per cent for all three categories of composition dealers — traders, manufacturers and restaurants. The existing rates for these categories are 1, 2 and 5 per cent respectively. An increase in the annual turnover threshold for the composition scheme to Rs 1.5 crore from the revised limit of Rs 1 crore, and a 12 per cent GST rate for both AC and non- AC restaurants , too, have been proposed in the slew of recommendations finalised by the Group of Ministers (GoM) constituted to make the composition scheme more attractive, two state finance ministers who were part of the meeting, said. The second meeting of the panel was held on Sunday. The GoM has also proposed a rebate for traders and manufacturers who differentiate between exempted and non-exempted supplies under the composition scheme. Typically meant for small kirana stores, the distinction between exempted and non-exempted supplies would imply a lower tax rate of 0.5 per cent on the total turnover under the composition scheme; otherwise, it would be 1 per cent, the ministers said. If approved by the GST Council, this will be the second round of relief measures for small and medium businesses within a month. The GST Council had approved a first round of relief measures in its October 6 meeting; the next meeting is scheduled in Guwahati on November 10, where a final call will be taken on the GoM’s recommendations. “The biggest recommendation has been simplification of the composition scheme by proposing to reduce the tax rate to a flat 1 per cent for all traders, manufacturers and restaurants under the scheme. The GoM has also proposed a hike in the threshold for composition scheme to Rs 1.5 crore. This would require changes in the law as that had defined the maximum limit for composition scheme to be Rs 1 crore. So, in CGST law, we will propose the maximum limit to be raised to Rs 2 crore and implement Rs 1.5 crore as the threshold for composition dealers,” one of the state finance ministers said. The threshold for composition scheme was raised to an annual turnover of Rs 1 crore from Rs 75 lakh in the GST Council’s October 6 meeting. Though the GoM has proposed to abolish the distinction between AC and non-AC restaurants through a common GST rate of 12 per cent, the decision on whether to provide input tax credit will hinge on the revenue implications, the second state finance minister said. For restaurants in hotels, the GST rate is proposed to be 18 per cent for restaurants in hotels with a tariff of Rs 7,500 and above per night, and 12 per cent for restaurants in hotels with a tariff below Rs 7,500 per night, he said. The GoM has also proposed the inclusion of inter-state sales for traders and manufacturers in the composition scheme, the second state finance minister said. The decision on whether to allow input tax credit for the same is yet to be finalised, the minister added. Apart from the simplified processes, the GoM has also proposed a reduction in late filing penalty. “The broad consensus of the GoM is to facilitate simplification of returns, HSN codes and invoice matching. In relation to this, we have also proposed reduction in late filing penalty to Rs 50 per day from the current Rs 100 per day. Also, we have recommended quarterly returns for all categories of taxpayers,” a state finance minister said. The GoM has also proposed inclusion of job work for manufacturers under the composition scheme, which is not allowed at present, he said. “The small manufacturers felt that their machines are idle for 2-3 months, so they should get a chance to include job work if they have opted for composition scheme and so we will recommend the same to the Council.” The five-member GoM, headed by Assam Finance Minister Himanta Biswa Sarma , has also said that all business-to-consumer transactions should reflect prices inclusive of GST in their invoices. “In the earlier regime, customers were not aware of the excise levied on the items in a retail transaction. So, it should continue that way, as for consumers, only MRP is important,” one of the ministers said. The panel, consisting of Bihar Deputy Chief Minister Sushil Kumar Modi , Jammu and Kashmir Finance Minister Haseeb Drabu, Punjab Finance Minister Manpreet Singh Badal and Chhattisgarh Commercial Taxes Minister Amar Agrawal, was announced by Finance Minister Arun Jaitley after the GST Council meeting on October 6 to “make the composition scheme more attractive”. The terms of reference for the GoM included examining whether turnover of exempted goods can be excluded from the total turnover threshold for levying tax under the composition scheme along with looking into the tax structure of different categories of restaurants, with “a view to their possible rationalisation/reduction”. In the October 6 meeting, the GST Council had taken several decisions to significantly reduce the compliance burden of small companies and traders by allowing them to file quarterly returns instead of monthly submissions, expanding the scope of the composition scheme, and making it easier for exporters to claim tax refunds. The measures taken for the MSME sector by the GST Council earlier this month included an increase in the turnover threshold for the composition scheme to Rs 1 crore as compared to the earlier turnover threshold of Rs 75 lakh. The GST Council had also allowed assesses with a turnover of less than Rs 1.5 crore to pay taxes and file returns quarterly instead of monthly, starting from the October-December quarter. The Council had also allowed small service providers to operate across multiple states without registering with the GST Network, and had exempted service providers with an annual aggregate turnover of less than Rs 20 lakh from obtaining registration even if they were making inter-state taxable supplies of services.

EY India Kicks Starts EY Hackathon for Intelligent Automation focusing on Chartered Accountants

Monday, October 30 2017

EY India Kicks Starts EY Hackathon for Intelligent Automation focusing on Chartered Accountants

EY Hackathon challenges technology enthusiasts and chartered accountants to conceive and build innovative digital solutions for complex business functions. EY India , announced the second edition of EY Hackathon in India , this time focussing on Intelligent Automation as a technology enabler. Accoding to a EY, the Hackathon challenges technology enthusiasts and chartered accountants to conceive and build innovative digital solutions for complex business functions. In a world where everything from business models and value chains to government functions and social contracts are getting disrupted, this hackathon emerges as an innovative platform to address some of the tough questions facing organisations today by seizing the upside of disruption. A 24-hour uninterrupted codefest, EY Hackathon – Intelligent Automation, will present opportunities to application developers, coders, UI/UX experts and chartered accountants, to collaborate and create unique prototypes and simulations that will have a lasting impact on how businesses function. It is an attempt to simplify the dynamic business operations such as tax, compliance and supply chain among others with the use of intelligent applications such as Robotics Process Automation, Machine Learning , Natural Language Generation and Natural Language Processing . Mr Farokh Balsara, Partner and Markets Leader, EY India said, “Our first EY Hackathon on Blockchain offered opportunities for young talent from various startups, business houses and educational institutions to collaborate with EY subject matter experts in an open innovation environment, to solve real life business challenges. The second edition of EY Hackathon is a unique effort in bringing together developers, design enthusiasts and chartered accountants to realize functional prototypes using Intelligent Automation.” The development of solutions will be aided by an array of tools and cloud platforms provided by Automation Anywhere , IBM and Microsoft. The two best prototypes will be evaluated and awarded on the basis of uniqueness, scalability and their applicability in businesses. The EY Hackathon – Intelligent Automation will commence on Saturday, 4 November 2017 at [email protected], Udyog Vihar, Gurgaon and conclude on 5 November 2017 with the felicitation of winners. “EY Hackathon is one of the many platforms that we have created to fuel digital innovation and a culture of collaboration as we make every effort in building a better working world”, said Mr Balsara. Share on: Posted by SMEStreet Desk SMEStreet is fast growing platform dedicated to entrepreneurs from small and medium sized businesses (SMEs). Committed to facilitate Knowledge & Networking for Business Growth, SMEStreet offers value added content which shows the actual voice of Indian MSMEs. Tagged with

Try This Easy Trick If You Want to Remember Your Dreams

Sunday, October 29 2017

Try This Easy Trick If You Want to Remember Your Dreams

Remembering your dreams after they happen, or being aware you're in a dream while you're having it can be fun, but not exactly easy to do. Science Alert reports that only about half of us have been able to realize we're in a dream while it's happening, and only a fourth of people actually report having lucid dreams frequently. However, if you want to remember your dreams researchers have come up with a technique that might work for you. Their work was recently published in Dreaming . Researchers looked at a few different processes that are thought to help with lucid dreaming. The front-runner in the group was a technique called MILD (mnemonic induction of lucid dreams). The idea behind the technique is that you repeat the phrase "The next time I'm dreaming, I will remember that I'm dreaming" while you're awake. While 17% of participants reported having lucid dreams when they did some of the other techniques, those using MILD reported a whopping 46% success rate. There's still a good chance it won't work, but of the options out there this was the best bet. Advertisement By repeating the phrase before you head off to dreamland, you're creating the intention in your mind that you will, in fact, remember your dreams. That could lead to a lucid dream, say researchers. Even better, those that used this technique reported not feeling more tired the next day, unlike some of the other techniques tested, such as waking yourself mid-dream, that made participants feel tired the following day. A 46% success rate certainly isn't a guarantee that it will work for you, but if you're on the quest for lucid dreams, it could be worth a try.

Railways to invest over 150 billion dollar create one million jobs in 5 years: Piyush Goyal

Monday, October 30 2017

Railways to invest over 150 billion dollar create one million jobs in 5 years: Piyush Goyal

Railways Minister Piyush Goyal has said that the Railway is looking to invest over 150 billion dollar over the next five years which would help create one million additional jobs. Addressing an awards function in Mumbai yesterday, Mr Goyal said, he was trying to give the national transporter a new direction. He said the Railways can play an important role in aggressively pursuing government agenda to provide safe, secure, comfortable travel. He said, a focus on infrastructure could also help increase local manufacturing. Mr Goyal further added that his Ministry was also compressing the time taken for complete electrification of rail lines to four years from the earlier plan of 10 years, which would help cut costs by around 30 per cent for the loss-making Railways. He said, this electrification initiative would help save the national transporter around 10 thousand crore rupees per annum on fuel bill. Related

Pakistan to host next Asian Cricket Council Emerging Nations Cup in April

Monday, October 30 2017

Pakistan to host next Asian Cricket Council Emerging Nations Cup in April

Pakistan will host the next Asian Cricket Council (ACC) Emerging Nations Cup in April next year. Pakistan Cricket Board, chairman Najam Sethi said the decision to have the Emerging Cup in Pakistan was taken during the meeting of the ACC held in Lahore today. Mr Sethi said that six ACC teams including five full members will play in the tournament. The PCB Chairman said he is hopeful by next year India would also agree to send its emerging team to Pakistan as this would pave the way for regular tours to the strife-torn country. Sri Lanka Cricket (SLC) chairman Thilanga Sumithipala said their team would like to come back to Pakistan. Sri Lanka is the first top international side to play in Pakistan since March, 2009 although Pakistan managed to get low-ranked Zimbabwe to play a limited-overs series in Lahore in May, 2015. Militants had attacked the Sri Lankan team in Lahore in March, 2009 which led to international teams refusing to tour Pakistan and the PCB was forced to hold its home series away from home in the UAE.

Startups in Andhra Pradesh to receive INR 100 crore investment

Saturday, October 28 2017

Startups in Andhra Pradesh to receive INR 100 crore investment

Startups in the state of Andhra Pradesh will receive an investment of INR 100 crore in the coming few years from Andhra Angels, a new group of venture capitalists and business leaders. The fund group is expected to materialise in the coming six months and intends to rope in about 50 investors in its initial phase. The president of Andhra Angels, Sateesh Andra informed reporters,"We plan to rope in 50 investors in six months and will be taking it to 100 in the next phase. As per industry trend, each investor might invest close to Rs 1 crore or more in startups in 1-2 years and help improve the startup culture". "We wanted to give a boost to the startup activity in Andhra and hence, we planned to establish Andhra Angels," said Suresh Chitturi, managing director, Srinivasa Farms and director of Andhra Angels. To offer mentor ship to startups, the state will also facilitate the chapter of The Indus Entrepreneurs (TiE) which will focus on tech, pharma, agri, life sciences and food processing statups. TiE Amaravati will guide startups and will also help them in scaling their business. It already has a team of 15 members till date and plans to enroll 40-50 new members in its first two years. "At TiE Amaravati, we will look at facilitation of funding and will partner with other educational institutions and industry bodies like Nasscom," added Chitturi. The group will also organise three major conferences in the cities of Vijaywada, Vizag and Tirupati along with an activity calendar. Recently the state's minister for IT, Nara Lokes has asked the state officials to help young professionals in setting up their startups. The minister made the announcement in a review meeting with the members of the AP Innovation Society as well as officials of IT department. The APIS representatives also informed the minister that the office space is being provided to the Drone Incubation Center as it has commenced its operations and the first drone will be unveiled by January 15, 2018. The APIS also highlighted to the minister about other states charging INR 3000 to INR 5000 per chair in the incubator to which Lokesh asked the officials to not charge any amount on startups. "The policy should be encouraging to the youth to stand up on their feet, but at the same time care should be taken to help only those who are serious and committed for entrepreneurship. Chance in the incubators should be given only after thorough screening. The target should be at least one billion dollar company be developed from APIS Incubators," said Lokesh. "In the first phase, tinkering labs should be started in 80 engineering colleges. Action plan should be prepared to conduct 12 hackathons in 12 months. Setting up of Smart City Innovation Laboratory should be sped up," added Lokesh.

Kerala Technocity to create 1 lakh jobs for IT professionals

Saturday, October 28 2017

Kerala Technocity to create 1 lakh jobs for IT professionals

Kerala Technocity to create 1 lakh jobs for IT professionals www.techgig.com | techgig.com Oct 28, 2017, 04.56 PM IST Continue reading Rimit As per the IT secretary of Kerala, M Sivasankar the upcoming Technocity, an IT park in the state will create 1,00,000 job opportunities in the state in the field of IT. ''Technopark's Phase 1, 2 and 3 collectively employ over 1,00,000 IT Professionals, said Sivasankar. "Once Technocity is operational, we foresee additional 1,00,000 employment opportunities from leading and upcoming IT companies in Kerala especially in the areas of futuristic technologies," added the official. The technocity project will be inaugurated by the honorable president, Ram Nath Kovind in Mangalapuram. The park will come as India's biggest IT park to promote futuristic technologies and innovative startups. The 400 acre IT park is located near Pallippuram will focus on innovative technologies such as cognitive analytics, financial tech, cyber security, space applications, e-mobility etc., said M Sivasankar, IT secretary of the state. The president will lay the stepping stone for the first state owned IT building at Technocity on October 27. The secretary also said that the concept of ''Knowledge City'' planned at Technocity comes as big step directed towards bringing in a trend setting shift in the socio economic situation of the southern state. "Technocity is not just planned as another IT park which provides basic IT infrastructure for IT/ITES companies, but as a Centre of Excellence for frontier technologies that will encourage research and development in upcoming technologies capable of empowering lives of people as envisioned by the Government's latest IT Policy," said Sivasankar. When asked about the IT policy of LDF government, Sivasankar said that its focusing to develop Thiruvananthapuram, Kochi and Kozhikode as the neo-IT destinations of the southern state. The capital city is also being planned to be developed as a hub for Cyber Security, Fintech, Block chain and Artificial Intelligence, he said. "We shall allocate space for the new generation startups at Knowledge City that will also focus on Research and Development," he said. It would also be developed as a center of excellence for interacting with big IT companies, academic inclusion and also support in the growth of startup companies,'' said Hrishikesh Nair, CEO, Kerala IT Parks,. The consolidated IT exports from the state in the Financial Year 2016-17 touched INR 12,000 crore, Nair added. The basic infrastructure development including power, road and water have been completed in the park with TCS already operating in its campus spread across 97 acres of land in the Technocity. Other IT firms such as IIITM-K, KASE. SunTec have already acquired land to develop their campuses.

Global Passport Index: How Powerful is the Indian Passport?

Saturday, October 28 2017

Global Passport Index: How Powerful is the Indian Passport?

Rajat Kabade The Global Passport Index has ranked Indian passport poorly in its annual report. India has ranked 75th position while the Asian country, Singapore has managed to secure the first position. The Passport Index Global Passport Power 2017 ranks the countries based on the access national passports have to the countries around the world. The number of countries a passport holder can visit visa-free or with visa on arrival decides the ranking of the country. India has a visa-free score of 51. Indian Passport holders can visit 24 countries without a visa while 27 countries offer visa on arrival for Indians. The low number of visa-free alliances have led to Indian passport's low ranking. Indian Passport has fared much better than the neighborhood countries like Bhutan (ranked 74), Myanmar (84th rank), Nepal and Sri Lanka (both at 89), Bangladesh (ranked at 90), Pakistan and Iraq (93) and Afghanistan (94th). In the Asian markets, Chinese Passport has secured the 67th position with a visa-free score of 60. The global leader, Singaporean Passport has secured the first place with a visa-free score of 159. This is the first time that the Asian country has secured the most powerful position in the Passport Index. Singapore citizens can visit 173 countries without the visa. The United States Passport has slipped its ranking to the 6th position. Since the Trump government came to the power, countries like Turkey and the Central African Republic have revoked the visa-free status to American Passport holders. Germany has ranked second followed by Sweden and South Korea.

Biggest mistakes of Steve Jobs, Bill Gates, Narayana Murthy and others

Saturday, October 28 2017

Biggest mistakes of Steve Jobs, Bill Gates, Narayana Murthy and others

Biggest mistakes of Steve Jobs, Bill Gates, Narayana Murthy and others www.techgig.com | techgig.com Oct 28, 2017, 05.46 PM IST Continue reading Rimit Making mistakes is the tendency of human nature with business legends like Satya Nadella, Narayana Murthy, Steve Jobs, Bill Gates being no exception. Here are some of the biggest blunders these tech legends made in their decisions-: Bill Gates- Not making a single key for Control-Alt-Delete The world's wealthiest man and the co-founder of Microsoft, Bill Gates says that he would make a single key for the Control-Alt-Delete command if he could time travel in the past. "We could have had a single button. But the guy who did the IBM keyboard design didn't want to give us our single button," said Gates. "And so we had ... we programmed at a low level that you had to ... it was a mistake," he said. Steve Jobs- Treating cancer with alternative medicine In an interview Walter Isaacson,the author of Steve Jobs' biography disclosed that the late CEO of Apple regretted to not treat his cancer with surgery but with alternative medicines. "We talked about this a lot," Isaacson said in a television interview. Despite requests from family and friends, Steve Jobs denied to undergo surgery for months. Narayana Murthy-Quitting as chairman The co-founder of Infosys, NR Narayana Murthy said in July this year that his biggest regret was quitting as chairman of Infosys in 2014. This statement came amid a fierce battle between him and Infosys's board and management. "A lot of my founder colleagues told me not to leave Infosys in 2014, to stay a few years. Generally, I find that I am a very emotional person. A lot of my decisions are based on idealism and probably, I should have listened to them," he said to news channel. Sergey Brin- Working on Google+ In the year 2014, Google's co-founder Sergey Brin informed that it was "probably a mistake" to have worked on Google+ citing that he is "not a very social person." Google+ was the company's social network which failed to mark its impact in the social media industry. Satya Nadella-Believing that PC will be supreme forever The India-born CEO of Microsoft, Satya Nadella accepts that "one big mistake" the software company made in the past was to believe that personal computer (PC) will rule supreme forever. "If anything, one big mistake we made in our past was to think of the PC (personal computer) as the hub for everything for all time to come. And today, of course, the high volume device is the six-inch phone. I acknowledge that,'' said Nadella. Mark Zuckerberg-Dismissing Facebook's influence on US election In a post last month, the CEO of Facebook said that he regrets ridiculing worries about fake news on Facebook impacting the results of US presidential elections. "After the election, I made a comment that I thought the idea misinformation on Facebook changed the outcome of the election was a crazy idea. Calling that crazy was dismissive and I regret it," wrote Zuckerberg

Beware: North Korean Cyber Attackers Could be Targeting India

Saturday, October 28 2017

Beware: North Korean Cyber Attackers Could be Targeting India

Rajat Kabade The shocking reports of North Korean cyber activities involve Indian networks. A study by the US-based threat intelligence company has recorded malicious activities of North Korean attackers. One-fifth of these activities are linking back to India. The study includes North Korean internet activities between April 1 to July 6, 2017. The report states that these attackers are using the network of Indian Space Research Organization (ISRO) and the Indian National Metallurgical Laboratory to carry out their malicious activities. North Koreans have been reported for carrying out heir cyberattacks from the foreign lands even in the past. These hackers could be virtually accessing the Indian network or secretly residing in India to carry out their operations. The diplomatic and trade relations between India and North Korea has created a broad physical and virtual community of North Koreans in the country. There is a presence of North Korean students in at least seven universities in India, some of these students and professionals are working with several Indian research institutes. North Korean users are possibly exploiting the Indian labs and research facilities through network reconnaissance to cover their identity. While there was no particularly threatening malicious activity that was recorded, it still is an alarm for Indian security services. All the past attacks including the recent WannaCry ransomware links to North Korean hackers group. WannaCry crippled the National Health Services in the UK. The North Korean hackers group called the Lazarus Group is infamously targeting the high-profile individuals and organizations. The group is also responsible for the online bank heist in Bangladesh last year. The malicious cyber activities by North Koreans are coming from India, Malaysia, New Zealand, Indonesia, Mozambique, Nepal, and Kenya. These countries have a strong physical and virtual presence of North Korean population. The report clearly states North Koreans conducting research on a number of research centers and laboratories in India. In 2015, a group of North Korean hackers had secretly formed a town in China. The hackers entered China as office workers, diplomat staffers and business executives to carry out their operations. With the capabilities of these hackers to unleashing a chaotic attack, Indian government and security services need to beware of North Korean cyber attackers residing in India.

WhatsApp Finally Rolls Out Its Delete For Everyone Feature

Sunday, October 29 2017

WhatsApp Finally Rolls Out Its Delete For Everyone Feature

WhatsApp has finally rolled out its Delete for Everyone update with WaBetaInfo, the application's fan site officially announcing that the new feature is now available to iOS, Android and Windows phone users. With this smartphone users can evoke the wrongly sent messages or messages which are forwarded to other chats by mistake. WaBetaInfo also highlights that the roll out is a slow process and both the sender and the recipient should have the same updated version of WhatsApp for the feature to work. The feature is compatible with GIFs,voice messages, locations, stickers (in future), contact cards, quoted messages, status replies, texts and images. When you revoke a message, WhatsApp forwards a fake copy of the message to the receiver. When the false copy is received by the receiver, his smartphone will not show you the notification and it will not be saved in the chat history as well. The new Delete for Everyone feature will however not work for-: Message incorporated in a quoted message cannot be revoked. It will not be possible to delete for everyone messages forwarded in a Broadcast List. The sent messages can only be evoked within 7 minutes post which you cannot recall or revoke it. The feature can only be accessed if both sender and receiver are using the updated version of WhatsApp will also roll out the feature for its older versions too. Unfortunately the feature will not be available for Symbian OS users. WhatsApp is still in the process of unveiling the feature and you may receive the notification message any time. You can also uninstall and reinstall the application incase you don't get the activation message. WhatsApp a few days back also unveiled its Live Location feature which enables your friends to conviniently locate you in real time. The feature is similar to sharing your location and can be accessed by clicking on share live location once you share your location with your known ones. You can then subsequently add a comment and select the duration for your location to be remained as public. WhatsApp is also reportedly working on editing sent messages as well. According to WABeta Info, this feature is under development and its roll out date is still unclear. Facebook owned WhatsApp comes as one of the largest messaging apps with about one billion users accessing it globally. The platform has unveiled a host of features to make its usage more fun and useful. For instance WhatsApp stories is being used by more than 250 million users across the globe, posting text based stories.