-The Daily Pioneer The MSME sector does not need more laws and regulation but handholding and support in India The importance of the MSME in the economic and social development of the country, especially for developing nations, has been established in various studies conducted by the international institutions. In India, the role of SME is proven by the fact that they contribute about 30 per cent of the GDP and 45 per...
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CCI to set up digital market unit to assess big tech behaviour -Gireesh Chandra Prasad
-Livemint.com The sheer scale of transactions and transparency issues associated with digital markets add to the complexity. But our advantage is our Competition Act is quite flexible, CCI chairman said Competition Commission of India (CCI) will set up a digital market unit (DMU) to better understand and assess the conduct of e-commerce platforms and other digital economy firms so that any anti-competitive behaviour of new age businesses do not go undetected by...
More »Controversial draft amendment to IT disappears from website
-The Telegraph It is still not clear why the rules are suddenly taken down New Delhi: The Narendra Modi government has again fumbled with a hot potato in another attempt to regulate social media content. On Wednesday, the ministry of electronics & information technology (MeitY) published draft rules that proposed the formation of an appeals panel that could veto content takedown on social media platforms — which would possibly make India the first...
More »As communal tensions rise in Karnataka, IT firms ‘reach out’ to investment-seeking Tamil Nadu -Revathi Krishnan
-ThePrint.in TN Finance Minister Palanivel Thiagarajan also says IT companies showing ‘great interest’ in state, but doesn't say where from. His govt to soon host several investor events abroad. New Delhi: In the midst of a series of developments that have led to communal polarisation in Karnataka, many information technology (IT) firms based out of Bengaluru have reached out to the Tamil Nadu government, seeking to shift their businesses, ThePrint has learnt. Sources...
More »How local businesses in Bengaluru IT hubs have been badly hit due to WFH -Luke Koshi
-TheNewsMinute.com From eateries to PG hostels and transportation, many businesses in and around the IT hubs have been severely hit with most employees working from home. Gajanana owns a khanavali (a place that serves north Karnataka-style meals) close to Manyata Tech Park in Bengaluru and has been struggling to keep his eatery afloat after the pandemic struck. His business took a drastic hit after most of the IT firms made work from...
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