—India’s central bank, the Reserve Bank of India, has asked banks to put in place a dual-factor authentication process for online transactions, reports The Economic Times. This will mean a second layer of security, either through a mobile-phone based verification process, or a password generator, in addition to the normal username-password combination. While safer transactions will provide a boost to ecommerce, if the process is seen to be too cumbersome, that will backfire, too.

—India Today chairman Aroon Purie, who recently said he will not spend any more on digital media, has been named the chairman of the International Federation of the Periodical Press, exchange4media reports. 

Rajiv Jaitly has quit as president, marketing and sales, at DB Corp., publisher of Dainik Bhaskar, India’s second largest read daily, shortly after completing a year at the firm, reports e4m. When we contacted Jaitly, he said he was moving back to telecom, but did not reveal which company he was joining.