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Digital Competition Bill Wants Interoperability

It is being suggested that apps, such as WhatsApp and Telegram, should share their APIs with each other to ensure there is interoperability, just as it exists across email services.

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independent directors: India's top independent directors see a surge in compensation, with 151 in the crore-plus club in FY23

In the financial year 2023, India witnessed a notable increase in the compensation of independent directors, with 151 individuals joining the crore-plus pay club compared to 67 in FY18. The data, based on Nifty-500 companies, revealed that the ten highest-paid independent directors earned between Rs 3.21 crore and Rs 6.74 crore.

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Sitharaman holds meet for 'time-bound' completion of Budget schemes

Finance Minister Nirmala Sitharaman on Tuesday met top officials of the finance and corporate affairs ministries to review the implementation of various announcements of the Union Budget FY24.

'The finance minister underlined the importance of continuous assessment of progress to ensure that various announcements are implemented in a time-bound manner,' the finance ministry said in a tweet.

Sitharaman also discussed in detail various issues on the digital competition laws with Rajeev Chandrashekhar, the minister of state for entrepreneurship, skill development, electronics and technology.

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Centre sets up committee to prepare draft digital competition law

Today, the Central government of India has ordered setting up a committee that will assess whether existing antitrust laws in the country are sufficient enough to deal with the challenges that have risen up due to the digital economy. The committee is required to submit to the government a draft Digital Competition Act within three months.

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