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Opinion & Analysis

India to Regulate Social Media Platforms & Others

India joins nations across the world looking to regulate social media platforms and others. The Guidelines are going to bring change to the mushrooming social media platforms in India. These Guidelines may be seen as an offshoot of the recent internal issues faced by India, however, they have been m

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[Exclusive] 2021: The Watershed Year for Digital Payments in India

RBI’s latest proposal to introduce pan-India new umbrella entities (NUE) for retail payments may be another gamechanger. These NUEs are being proposed as competitors to the National Payments Corporation of India (NPCI) and are also expected to interact and be interoperable with the systems operated

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Exemption for PSUs: Can Private Entities Take a Leaf from This Book

It is an opportune moment for telecom licensees that have not yet received demand notices from DoT to assess their standing from a legal standpoint and seek appropriate clarity from the Court. In doing so, the terms and conditions of the relevant license will have to be carefully scrutinized conside

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Competition Regulator Should not be Burdened with WhatsApp Privacy Issue

Continuing the impasse on the introduction of a personal data protection law will only hurt India’s economic interests. Any attempt in the meantime to classify privacy infractions as antitrust concerns will help neither in upholding the right to privacy nor in promoting and sustaining competition in

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Disinvestment: Lessons from the Past and the Road Ahead

While implementation of the Government’s disinvestment policy will pose significant challenges, however, the clear enunciation of such policy in the budget speech indicates greater conviction and holds the promise of better success with implementation.

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Rethinking 'Third-Party Security Providers’ Liability Under the IBC

Post introduction of the new insolvency regime in India under the Insolvency and Bankruptcy Code, 2016 (“IBC”), a lot has been discussed and debated on the extent of liability of a third-party security provider when a borrower is dragged into the insolvency resolution process (CIRP) proceedings unde

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Reporting of Unethical Misconducts: Compliance Requirements for Doing Business in India

In the post-pandemic era where businesses are expected to move into an expansionary phase, it becomes extremely important for companies to keep their compliance check-box ticked. In a country like India where bribery, corruption, and fraud risks are rampant, obligations to report such misconduct on

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What is and What Isn’t in the WhatsApp Privacy Policy

Maybe it is time that those who are uncomfortable with the new objectives move to a paid secure messenger service, such as Threema, and avoid free messaging apps such as WhatsApp, Signal, iMessage, and Telegram. In so doing, one would not rely on the forces of competition to keep one’s data out of t

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Under Attack: IWG’s Recommendation to RBI in Favour of Large Corporates Owning Banks

This recommendation of IWG has been criticised and it has been vociferously voiced that the corporate house may provide undue credit to their own business or may favour lending to their close business associates and thereby leading to related party transactions by exercising pressure by a person who

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Reserve Bank of India: Riding the Technological Wave

During recent years, global economies have witnessed a surge in technological advancements and development. Governments and central banks in such economies are promoting development of new technologies and financial products by undertaking various measures, such as policy liberalisation, promoting t

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