Under the digital media rules, notified by the government last week, foreign news and content publishers will now be answerable to the I&B Ministry. Experts say that the new rules will increase the cost of operations for foreign digital media firms
Blockchain doesn t need cryptocurrency: McKinsey Digital’s Asia head
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It would be a mistake to think that cryptocurrencies and blockchain technology are “so intertwined you can t have one without the other”, says Anand Swaminathan of McKinsey Digital.
ETtech
Anand Swaminathan, head of McKinsey Digital in Asia.
Mumbai:Anand Swaminathan, the head of McKinsey Digital in Asia, told ET that it would be a mistake to think that cryptocurrencies and blockchain technology are “so intertwined you can t have one without the other”.
The Indian government’s
reported plan to ban all cryptocurrencies has drawn sharp reactions from members of the crypto community, who say banning cryptocurrencies while simultaneously encouraging the use of blockchain technology, on which these virtual currencies are built, would be like permitting the use of electric vehicles but not funding them.
BigBasket slaps notice on Daily Basket for using ‘Basket’ in its name
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BigBasket, India s largest online grocery that is on the cusp of being acquired by Tata Group, has claimed that Coimbatore-based Daily Basket infringes on its trademark and brand.
ETtech
(Illustration: Rahul Awasthi/ETtech)
Bengaluru: India’s largest online grocery BigBasket has slapped a legal notice on a tiny upstart, Daily Basket, over the use of the term ‘basket’ in the brand name.
The Bengaluru-based seller of fruit and vegetables online, which is
on the cusp of divesting a majority stake to Tata Group at a valuation of about $2 billion, has claimed that the bootstrapped startup founded in June last year by Ramesh Vel and Ajit Kumar in Coimbatore infringes on its trademark and brand.
OneTrust DataGuidance confirmed, on 14 December 2020, with Aadya Misra, Associate at Spice Route Legal, that the National Institution for Transforming India ( NITI Aayog ) had issued a white paper on public health surveillance in India, in the wake of the Government s recently established National Digital Health Mission. In particular, Misra noted, The NITI Aayog has suggested the implementation of a surveillance system to bolster public health systems in the country, which comes at a time where there is presently no comprehensive data protection framework. Individual electronic health records, with unique health identifiers, will form the basis of this intelligent surveillance system which, in turn, will analyse and create action plans for health management.