Two US lawmakers, Senator Maria Cantwell and Representative Cathy McMorris Rodgers, have agreed on draft data privacy legislation to limit data collection by tech companies and empower Americans. The legislation includes oversight of personal data use, disclosure requirements for data transfers, and FTC enforcement. Source link
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NEW DELHI: Two former finance commission chiefs N K Singh and Vijay Kelkar have raised key issues that policymakers need to address in the coming years to deal with changes in the economy.Kelkar, who headed the 13th Finance Commission, underlined the need to rationalise the GST structure and move to a single rate mechanism, something…
BENGALURU: The leadership transition at Wipro occurred earlier than anticipated, while LTIMindtree is currently engaged in succession planning. Both organisations seem to favour internal candidates for the CEO position.As Debashis Chatterjee‘s tenure as LTIMindtree CEO will end next year, two internal candidates are competing for the role: COO Nachiket Deshpande and president of sales Sudhir…
Mark Zuckerberg passed Elon Musk on Friday to become the third-richest person in the world, the first time since 2020 the arch-rival billionaires have held those positions.Musk, who ranked first on the Bloomberg Billionaires Index as recently as early March, fell to fourth after Reuters reported Tesla cancelled plans for a less-expensive car, sending shares…
PATNA: Prime Minister Narendra Modi on Sunday said the opposition INDI Alliace has neither vision nor credibility. Taking a dig at their claim to fight unitedly with an aim to defeat Modi and the BJP-led NDA in the Lok Sabha election beginning on April 19, the PM said, “Unke bich sirfutauwal machi hai (infighting), Even…
MUMBAI: Not just pure play chocolate makers but dairy giant Amul, ice-cream brand Baskin Robbins, even snacking and cereal brand Kellanova, and other companies across the spectrum are beginning to feel the pinch of higher cocoa prices.Amul is looking to hike the price of its chocolates by 10-20%, Jayen Mehta, MD at Gujarat Cooperative Milk…
LUCKNOW: UP CM Yogi Adityanath on Sunday fired a broadside at Congress, accusing it of soft-pedaling terrorism, divisive politics, corruption, misgovernance, and working against Hindu sentiments.“During the Congress government, biryani was served to terrorists, while the poor kept starving. But BJP govt ensured that 80 crore people are covered under PDS and receive ration for…
BENGALURU: Going by major financial metrics, one could say that Thierry Delaporte did not make things worse for Wipro than his predecessors had already done. In one significant respect, the outgoing CEO actually did better – share price. Wipro’s share price since Delaporte took over has risen 116%, compared to 81% for TCS, 94% for…
The Congress Manifesto 2024 proposes job and education quotas in the private sector to fulfil UPA-era promises. A ‘diversity commission’ will oversee diversity, with a focus on SC/ST/OBC categories. The manifesto emphasizes inclusivity in corporate hiring and private education, aiming for social justice and equitable opportunities. Source link
