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Banks, fintechs prep for DPDP Act; Chip startups on DLI 2.0Happy Tuesday! Banks and fintechs are readying their operations for the phased rollout of the data protection law. This and more in today’s...
India’s AI strides run into privacy law headwindsFirms across sectors including IT, banking, and cloud storage are seeking legal guidance due to concerns that their use of generative artif...
ETSA 2023 stars to be feted on Oct 7; Dream11, others stare at Rs 55,000 crore tax demandThe eight winners of The Economic Times Startup Awards 2023 will be felicitated on October 7 in a grand ceremony in Bengaluru. Seema Prem o...
CaratLane to challenge FEMA violation notice; govt may use DigiLocker for parental consentCaratLane Trading is under the lens of the Enforcement Directorate (ED) for alleged violation of Foreign Direct Investment (FDI) regulation...
Tiger trail at Flipkart ends in $3.5 billion profits; 28% GST: differences emerge among gaming firmsHappy Monday. Tiger Global, the New York-based investment fund, has booked total gains worth $3.5 billion following a complete sale of its ...
No ‘continuous consent’ for apps; Byju’s $1.2 bn loan terms to be amendedThe government is planning to do away with the concept of ‘continuous consent’ for applications and digital services by making it mandatory...
Credit card forex payments under LRS: You have to pay 20% TCS on these transactions from July 1, 2023Credit card spending in a foreign currency will now be a part of LRS's annual limit of $2,50,000 per person. Further, it will be subject to...
Analytics & Technology Are Transforming India’s Taxman
Aadhar Housing Finance selects TCS Lending and Securitization platformAadhar Housing Finance Ltd., an affordable housing finance company focusing on the low-income housing segment in India, partnered with TCS ...
TCS bullish on digital India; Amazon offers to help Future RetailTCS believes the Indian market will be platform-driven as more businesses digitise their processes. Amazon has offered help to Future Retai...
Robust regulatory framework needed to deal with 'open banking' challenges: ExpertsSivarama Krishnan, Partner & Leader, Cybersecurity, PwC India, pitched for a three-level governance model to deal with the security issues ...
Customer privacy, data protection non-negotiable, says RBI Deputy GovernorOpen banking refers to sharing and leveraging of customer-permissioned data by banks with third party developers and firms to build applica...
TCS introduces solutions for Covid-19 testing, vaccine managementThe suite leverages AI, robotics, blockchain and Internet of Things (IoT), as well as TCS' extensive network of technology partners.
TCS recognised as a leader in GDPR services by NelsonHallGeneral Data Protection Regulation (GDPR) is a comprehensive set of directives put in place by the European Union to protect personal data ...
Indian IT firms flag GDPR as a 'compliance risk'Depending upon the nature and severity of noncompliance, companies can face fines up to 4% of annual turnover or €20 million, whichever is ...
US retail investors seek SEC nod to invest in Indian companies via unsponsored ADRsUnsponsored ADRs are offshore securities, created by foreign depositories on underlying Indian stock without any consent from the Indian co...
- Centre kicks off sale of residual stake in CMC
The government today kicked off the sale of its residual stake in Tata group-controlled, CMC with the appointment of Enam Financial and HSB...