Page 6 - Data Bill News Today

On August 3, Zomato reported its first-ever consolidated quarterly net profit at Rs 2 crore, on the back of higher order frequency from subscribers of its loyalty programme. The companys shares closed at Rs 86.22 on August 3 and opened up 3% at Rs 89 on August 4.

New clause allows a platform to be blocked if two or more instances of breach of provisions occur

It took more than a decade - and half-a-dozen extensive iterations on the initial superstructure – for New Delhi to finally bring in a comprehensive bill that aims to safeguard digital privacy of Indian citizens.

Data Bill: It took more than a decade - and half-a-dozen extensive iterations on the initial superstructure – for New Delhi to finally bring in a comprehensive bill that aims to safeguard digital privacy of Indian citizens.

Once approved by Parliament, the norms will apply to personal data collected within India from data principals online, and personal data collected offline, but subsequently digitised.

The urgency to pass the Digital Personal Data Protection Bill is understandable. But its confused positioning on consent to processing personal data, lack of guardrails for non-consensual processing, free hand to use publicly available data despite privacy concerns, and the absence of protections to journalists are glaring misses in the bill

Gurugram-based logistics company Delhivery on Friday reported a sharp drop in losses for the quarter ended June 2023 at Rs 89.5 crore compared to Rs 399 crore a year ago. This and more in todays ETtech Top 5.

Cofounder and chief executive officer of Shiprocket, Saahil Goel said poor governance around data in other economies sets an example for data governance.

The Digital Personal Data Protection (DPDP) Bill 2023 has introduced a concept of deemed consent, explicit consent and a right to the data subject to withdraw consent.

The measure to block access has been introduced to give the government control on repeated instances of flagrant violations of the provisions of the bill, a senior government official said.