A new law that defines how companies should process users' data came into force with the President giving assent to the Digital Personal Data Protection (DPDP) Act passed by Parliament in the just-concluded monsoon session. The law arms individuals with greater control over their data while allowing companies to transfer users' data abroad for processing, except to nations and territories restricted by the Centre through notification. It also gives the government power to seek information from firms and issue directions to block content.
An additional criterion in mergers and acquisitions (M&As) may require digital businesses to secure approval from the Competition Commission of India (CCI), the anti-trust regulator. The government is set to introduce a minimum threshold "transaction value" of Rs 2,000 crore (around $250 million) for any deal as a criterion for notification to the anti-trust regulator if the entity being acquired has substantial operations in India. The new criterion is learnt to be part of the proposed amendments to the two-decade-old Competition law, which is expected to be tabled in the ongoing monsoon session of Parliament.
The commercial flight operations of Rakesh Jhunjhunwala-backed Akasa Air will be launched in July instead of June. "As we get closer to the airline launch date, we can now confirm refined estimates on our timelines. "We expect our first aircraft delivery by early June 2022, with the intention to start commercial operations in July 2022," Vinay Dube, CEO, Akasa Air, told PTI.
'This is a film that speaks to the spirit of women who have been cast into the bottom of India's social hierarchy, and how they have navigated their way to redefine the meaning of power.'
Those close to Khanna, 46, say he is keeping his options open ahead of a potential presidential run in 2028 or beyond. But others in his orbit are talking about an even more compressed timeline: running in 2024 if President Joe Biden, 80, decided not to, according to Politico, a political newspaper company based in Arlington County in the US.
The two met during a training in Mussorie and it was love at first sight.
Following the Supreme Court's directions in February this year, the Election Commission had in March asked political parties to justify why they chose candidates with criminal history to contest elections.
The company said the new policy will be rolled out but the platform will allow users to read it at "their own pace".
After record fund raising, Reliance Industries now has a strong balance sheet with high liquidity that will support growth plans for its three hyper-growth engines, Jio, Retail and oil-to-chemicals, according to the firm's chairman and managing director Mukesh Ambani. In the company's latest annual report released on Wednesday, he said the company sold minority stakes in Jio Platforms -- the unit that houses its telecom and digital business -- and retail arm for almost Rs 2 lakh crore and raised another Rs 53,124 crore through rights issue.
WhatsApp will not delete any account for not accepting its new privacy update, but users not agreeing to the controversial terms after "several weeks" will not be able to access their chat list, and eventually, will not be able to answer incoming phone or video calls over the app.
The ministry has taken a strong position on the matter, and made it clear that it is not just problematic but also "irresponsible" for the messaging platform to leverage its position to impose "unfair" terms and conditions on Indian users, when many depend on WhatsApp to communicate in everyday life, according to the sources.
Arnab Nandy's post about coming out of the closet and how his parents celebrated the Section 377 verdict has gone viral.
Kevin De Bruyne had to be replaced by Gabriel Jesus in the 60th minute on Saturday following a collision with Antonio Rudiger.
Thanks to a $5.7 billion deal with Facebook, a Rs 53,125 crore rights issue and more stake sale to companies such as Saudi Aramco, the target is likely to be achieved by December.
The ministry of electronics and information technology has directed WhatsApp to withdraw its new privacy policy, according to sources. The IT ministry believes that the changes to WhatsApp privacy policy and the manner of introducing the said changes undermines the sacrosanct values of informational privacy, data security and user choice and harms the rights and interests of Indian citizens, government sources said. The government has given seven days to WhatsApp to respond to the notice and if no satisfactory response is received, necessary steps in consonance with law will be taken, sources informed. In a communication to WhatsApp on May 18, the ministry has once again told the messaging platform to withdraw its privacy policy 2021, they said.
Think twice before you post anything anywhere on the Internet says Virender Kapoor, the former director of Pune's Symbiosis Institute of Management and the founder of Management Institute for Leadership and Excellence.
Schumer said the house managers will come to read the article of impeachment at 7 pm on Monday. Members will then be sworn in the next day.
"Slogans are a subset of freedom of expression. You express your politics through it. I can chant any slogan, you can differ or agree. But you can't slap sedition charges," Aparajitha Raja, the 25-year-old president of the JNU unit of AISF and daughter of CPI leader D Raja, tells Shivam Saini.
A video of Bharatiya Janata Party state president Dilip Ghosh apparently suggesting West Bengal chief minister should wear bermuda shorts to display her injured leg has triggered controversy with the ruling Trinamool Congress slamming it as a 'distasteful comment' and women expressing outrage over the remark in social media.
An aggressive competitor, a charming poster boy and the anti-theoretician - the author tries to deconstruct the enigma that is Magnus Carlsen.
Kamila Valieva is one of the youngest Olympic athletes to test positive for a banned substance
10 good ideas to make this February 14 a memorable one.
The national anti-doping body said it has made improvements in the system to allay the fears of the Board of Control for Cricket in India.
Twitter has failed to grow its monthly active user count at all in the final three months of 2015.
Reliance announced a rights issue of Rs 53,125 crore, which it said was the biggest in India.
In 2017, a consortium led by Russian state oil company Rosneft agreed to buy Essar Oil for $12.9 billion in India's biggest foreign acquisition of a homegrown company. Rosneft's buyout of Essar's assets was meant to herald a wave of energy investments in India - over six decades after Esso, Caltex and Shell invested in India's refining sector in the 1950s. But the government has tripped up in its efforts to sell Bharat Petroleum Corporation Ltd (BPCL), formerly Burmah Shell, a blue chip public sector company. Bidders include a couple of global funds and resources firm Vedanta.
Nostalgia in the time of Covid is proving to be big business, observes Aditi Phadnis.
Social media teams ensure there is something new around the movie every few days and as the release date nears, every few hours.
'I hope the trend is sustainable and that economic activity accelerates going forward.'
'For a working actor in Bollywood, it is nearly impossible to criticise its reigning deities.' 'Besides, due care ought to be taken when speaking of the dead too.'
Facebook and Twitter now restrict users below the age of 13 from signing up on their platforms. LinkedIn doesn't provide its services to children below the age of 16.
Badhaai Do carries its audience on the wave of those little farces that come with being queer in India, a land where masculinity still has some say, observes Sreehari Nair.
With RIL's market capitalisation crossing the Rs 11-trillion mark on Friday, Ambani is ahead of Google co-founders Larry Page and Sergey Brin, the 10th and 11th richest, respectively, and behind Zara founder Amancio Ortega on the Forbes Real-time Billionaires List.
"We are delighted to welcome Google as a strategic investor in Jio Platforms. We have signed a binding partnership and an investment agreement under which Google will invest Rs 33,737 crores for a 7.7 per cent stake in Jio Platforms," Mukesh Ambani said at the company's annual general meeting.
RIL's debt stood at Rs 3.06 trillion as of December 2019, against Rs 2.87 trillion in March 2019.
The race to get a New Umbrella Entity (NUE) licence for digital payments may get crowded. As many as six consortiums are said to be in the fray to apply for an NUE licence, which would create a for-profit National Payments Corporation of India (NPCI)-like body for retail payments. A consortium led by Financial Software and Systems (FSS), a leading provider of payment products and payment processor, is in talks and may file an application to the RBI for an NUE license, said sources aware of the development. The other constituents of this group include Indian Bank, Central Bank of India, India Post Payments Bank, National Bank for Agriculture and Rural Development (Nabard), and a few small finance banks.
Nobody knows your business better than you. Do know that you need to be closely involved with the social media efforts for your start-up. It is not something which you can just hand over to someone and forget about it. To make it effective, you need to be as much involved in it. If you have the bandwidth and skills to do it in-house, I would recommend going with that option
The office will be headed by Twitter executive Peter Greenberger.
2017 saw the highest-ever mobilisation by way of IPOs of close to Rs 700 billion. The momentum is expected to continue this year as well.
The world body has so far maintained that it has no plans to make any adjustments to the regulations related to the Tokyo Games qualification period and that other events will go as per schedule.
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