Final Data Protection bill junked RTI dilution, introduced localisation: Report - 10 new articles
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Final Data Protection bill junked RTI dilution, introduced localisation: Report The final Personal Data Protection bill drafted by the committee led by Justice BN Srikrishna did away with a couple problematic provisions, The Caravan reports. In a work-in-progress draft of the bill accessed by The Caravan, it was revealed that the Act vastly strengthened the power of public...     Twitter posted a record profit of $100 million in Q2 FY2018 in its third straight profitable quarter — which is also the third profitable quarter since it began operations 12 years ago. However, this wasn’t enough to please the stock market; Twitter’s share nosedived nearly 20% after... Paytm Mall, the e-commerce arm of Paytm, announced the appointment of four new executives its senior management team, including one to launch and expand an international business. A statement from the company said that Sanjeev Misra, who joined as Senior Vice President – International... NASDAQ-listed curated marketplace Etsy has entered in India and has been setting up a team in Delhi to get sellers in creative space. In a blog post, it writes that “Finally, India is a country known for vibrant textiles, eclectic jewelry, and intricate prints. It is also emerging as one of... Healthcare startup CureFit has raised Series C funding of $120 million led by IDG Ventures, Accel Partners and Kalaari Capital with participation from Chiratae Ventures and Oaktree Capital. Bangalore-based CureFit was founded by former Myntra and Flipkart executives Mukesh Bansal and Ankit... Reliance Jio Infocomm Limited (Jio) reported a net profit of Rs 612 crore, up 20% for the quarter ending June 30, 2018. Its operating revenue for the period stood at Rs 8,109 crore, while its EBITDA for the quarter stood at Rs 3,147 crore. In the previous quarter (Q4FY18), the company had posted... OnMobile Global posted a net profit of Rs 31 lakh for the quarter ended June 30, 2018 (Q1 FY19) compared to net profit of Rs 2.5 crore in the same quarter last year. This represents fall of 88% on YoY basis. The company had posted a net profit of Rs 4.3 crore in the preceding […] Paytm Payments Bank CEO Renu Satti has resigned from the role and will now head Paytm’s ‘New Retail’ business, a statement from the company said. Satti joined Paytm’s parent company One97 in 2006 and was appointed managing director and CEO of the Payments Bank in May 2017. Meanwhile,... The proprietors of three small-scale IT companies were arrested in connection with the data leak of students who appeared for the Standard 10th and 12th board exams this year, reported The New Indian Express. The arrests come after multiple reports of websites leaking and selling exhaustive... Bus aggregator Shuttl has raised funding of $11 million led by Amazon India, Amazon Alexa Fund and Dentsu Ventures. Existing investors Sequoia Capital, Times Internet and Lightspeed Ventures also participated in the funding round. The company will use the funding to expand into two new cities and... |
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