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data protection: Rajya Sabha passes new data protection bill amid opposition walkout

The bill will now be sent to President Droupadi Murmu for her assent following which it will be notified in the central gazette and become a law. It will be Indias first law aimed at protecting the digital rights and privacy of citizens and their personal data.
Uttar Pradesh Ashwini Vaishnaw Rajeev Chandrasekhar Sivarama Krishnan Droupadi Murmu Lok Sabha

Experts flag revised Data Bill's silence on generative AI tools, ET Telecom

Data Bill: As deep fakes created by gen AI tools become more rampant, several experts flagged the need for the DPDP to address this. Further, with elections happening in two of the largest democracies next year - India and the US, many believed it was all the more imperative to address the matter as perverse images of public figures or doctored audio and videos can be circulated to tarnish their reputation.
Jaspreet Bindra Mishi Choudhary Google Bard Hitesh Jain Software Freedom Law Centre Partner Of Parinam Law Associates

Data Bill: Experts flag revised Data Bill's silence on generative AI tools

As deep fakes created by gen AI tools become more rampant, several experts flagged the need for the DPDP to address this. Further, with elections happening in two of the largest democracies next year - India and the US, many believed it was all the more imperative to address the matter as perverse images of public figures or doctored audio and videos can be circulated to tarnish their reputation.
Jaspreet Bindra Google Bard Mishi Choudhary Hitesh Jain Software Freedom Law Centre Partner Of Parinam Law Associates

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As the RMAFC bill awaits President Tinubu's assent

After his inauguration, President Bola Ahmed Tinubu signed some important bills passed by the 9th National Assembly into law which include the Police Pension Bill, Electricity Bill, Data Bill as well as the Students Loan Bill.   Another important bill waiting for the presidentโ€™s assent is the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) Bill.…
Debo Adeniran Olubumi Adetunmbi Ekiti Ahmed Tinubu National Economic Council Central Bank National Electoral Commission

Founder Vijay Shekhar Sharma's stake in Paytm touches 20%; Data Bill passed in Lok Sabha

In a move that Vijay Shekhar Sharma no doubt hopes will please regulators and convince them to greenlight the Paytm founders business plans, Ant Financial has transferred a 10% stake in the fintech major to an entity owned by Sharma. The transaction will reduce Chinese representation on the cap table of One 97 Communications, Paytms parent. This and more in todays ETtech Top 5.
United States United Kingdom Sarmistha Sethi Mrinal Rai Dhiresh Bansal Lok Sabha

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