Companies may face hefty fines up to Rs 200 crore for mishandling data

Companies may face hefty fines up to Rs 200 crore for mishandling data

The revised Data Protection Bill envisages imposition of stiff financial penalties if organisations fail to contain data breaches or intimate users and the government about such incidents, a draft version revealed. ET reviewed some portions of the Bill that has been renamed as the Digital Data Protection Bill. It is expected to be released for … Read more

2022 Predictions: What’s Next for Data Protection? – ET HealthWorld

2022 predictions what s next for data protection

by Shiva Pillay During 2020 and 2021, there was a shift in focus to improving remote working capabilities, access to cloud infrastructure and securing data. Over the next year, however, I believe businesses will desire more control of their data, with a greater focus on the ability to facilitate portability and seamless response to the … Read more

China develops machines to track data sent abroad by cars

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China, the world’s biggest vehicle market where regulators are implementing new rules on data protection, is developing machines that will be able to track data sent abroad by cars, a government-backed agency said on Tuesday. Cars are being fitted with an ever-increasing array of sensors and cameras to assist drivers. But the data such equipment … Read more

Centre forms committee for framing new law for medicines, cosmetics, medical devices

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The Drugs and Cosmetics (D&C) Act, 1940 regulates the import, manufacture, distribution and sale of drugs and cosmetics. The Union Health Ministry has formed a committee to frame the New Drugs, Cosmetics and Medical Devices Bill for the enactment of New Drugs, Cosmetics and Medical Devices Act. As per the terms of reference of the order … Read more

Indian tech companies witness $38 bn investments during COVID-19 times: Amitabh Kant

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HYDERABAD: India has witnessed USD 38 billion investments in tech companies during the past six months when the whole world is reeling under COVID-19 pandemic, NITI Aayog CEO Amitabh Kant said on Tuesday. Speaking in a session of the three-day TiE Global Summit (TGS)being held virtually, Kant said the Indian startup ecosystem witnessed launch of … Read more