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Government may give six months to industry to align with data protection rules: MoS IT Rajeev Chandrasekhar, ET Telecom

Data Protection Rules: During a fireside chat session with students at Delhi University, Chandrasekhar said the government is ready with the rules and will notify the Data Protection Board (DPB) soon, and added that the migration to the new regime should not lead to any disruption in the businesses.
Delhi University Digital Personal Data Protection Act Data Protection Board Digital Personal Data Protection Data Protection Rules Digital Personal Data Protection Act

data protection rules: Government may give six months to industry to align with data protection rules: MoS IT Rajeev Chandrasekhar

During a fireside chat session with students at Delhi University, Chandrasekhar said the government is ready with the rules and will notify the Data Protection Board (DPB) soon, and added that the migration to the new regime should not lead to any disruption in the businesses.
Delhi University Offering College Northwestern University Indian School Of Business Digital Personal Data Protection Act Data Protection Board

How digital payments became democratic – the UPI way, and other top tech & startup stories this week

Unified Payments Interface (UPI), the real-time bank transfer mechanism, breached the 10 billion monthly transaction volume mark last month. And with the festive season not too far away, one can only expect it to grow more in the coming months. But what does this 10 billion really mean — and how did we get here?
Sri Lanka United States Andhra Pradesh Arvind Krishna Arun Kumar Nayyar Brad Smith

India has got Data Bill Right; It's a Sound Framework

The Indian government has got the new Data Bill “right”, applying “strong protection” for personal data while allowing cross-border data flow, said Brad Smith, Microsofts vice chairman and president. In an interview to Surabhi Agarwal & Bodhisatva Ganguli, Smith, the second-ranking executive (after chairman and CEO Satya Nadella), called artificial intelligence the greatest advancement for human thinking since the invention of the printing press.
Surabhi Agarwal Bodhisatva Ganguli Satya Nadella Brad Smith Data Bill Surabhi Agarwal Bodhisatva Ganguli

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Baron Capital raises Swiggy, Pine Labs valuation; Jio to bring AI to everyone, everywhere: Mukesh Ambani

US-based asset management firm Baron Capital has marked up the valuation of Swiggy and Pine Labs while slashing the valuation of edtech major Byjus by almost half. This comes at a time when several Indian startups have faced valuation markdowns in the past few months.
India General Amitabh Saran Naveen Kukreja Nita Ambani Alok Bansal Yashish Dahiya

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