Data protection Bill revised: Penalty up to Rs 200 crore if firms don’t have safeguards

[ad_1] COMPANIES dealing in personal data of consumers that fail to take reasonable safeguards to prevent data breaches could end up facing penalties as high as around Rs 200 crore under the revamped version of the Data Protection Bill, The Indian Express has learnt. The Data Protection Board, an adjudicating body proposed to enforce the […]

Continue Reading

Job creation, equitable income distribution our priorities, says FM Nirmala Sitharaman

[ad_1] The National Investment and Infrastructure Fund will be made more robust, she says The National Investment and Infrastructure Fund will be made more robust, she says Job creation and equitable income distribution are our top red-letter priorities, Finance Minister Nirmala Sitharaman said at the U.S.-India Business Council’s India Ideas Summit, on Wednesday. Inflation is […]

Continue Reading

Delhi High Court rejects WhatsApp, Facebook appeals against CCI probe

[ad_1] The Delhi High Court on Thursday, August 25, 2022, rejected appeals by WhatsApp and Facebook against the decision of the Competition Commission of India (CCI) calling for an investigation into the instant messaging app’s 2021 updated privacy policy. Refusing to stay the probe by the anti-trust regulator, a Bench of Chief Justice Satish Chandra […]

Continue Reading

Parliament panel calls IRCTC and Twitter officials over citizens’ data security, privacy

[ad_1] The IRCTC, which has more than 10 crore users, of which 7.5 crore are active users, has floated a tender to hire a consultant to monetise its passenger and freight customer data with the aim to generate revenue up to ₹1,000 crore The IRCTC, which has more than 10 crore users, of which 7.5 […]

Continue Reading

Railways floats tender for consultant to monetise customer data, may withdraw it over privacy concerns

[ad_1] The Railways has floated a tender to hire a consultant to monetise its passenger and freight customer data with the aim to generate revenue up to Rs 1,000 crore, but sources said it may be withdrawn amid concerns over privacy issues. While many on social media, including advocacy groups have raised concerns over violation […]

Continue Reading

Industry experts divided over Govt decision to withdraw Personal Data Protection Bill

[ad_1] Industry experts are divided over the government’s decision to withdrew the Personal Data Protection (PDP) Bill, 2019, and replace it with a new ‘comprehensive legal framework’ and ‘contemporary digital privacy laws’ for regulating online space. The bill was revoked after nearly four years of it being in the works, where it went through multiple […]

Continue Reading