The bottom line is that they are not in a position to pass a law to deal with the protection of personal data of citizens of India. So, we should wait and watch on what other factors they will consider as and when they do it (referring to the comprehensive legal framework that the government says it is working on).
In June, TCS’ chief operating officer N Ganapathy Subramaniam told ET that private networks will enable Indian organisations to accelerate their digital agenda.
Churn in SMBs higher but mid-market, enterprise segments showing resilience: CEO Girish Mathrubootham
“This could encompass activity outside of office hours or on weekends that does not impact their productivity on the full-time job or have a conflict of interest with Swiggy’s business in any way,” the company said.
Google, JAFCO Asia, January Capital, ICMG Partners, Reddy Futures Fund and existing investors Beenext and Surge, the accelerator programme of Sequoia Capital India, also participated in the funding round.
Interestingly, cofounder and chief executive Vamsi Krishna had said in a memo to employees on May 18 that the previous retrenchment exercise was a ‘one-time activity’, with no more layoffs expected. The memo was also published on the company’s blog.
The investigation has revealed that the Indian cryptocurrency exchange Wazirx, operated by Zanmai Labs Private Limited in India, was using the walled infrastructure of Cayman Island-based exchange BINANCE, Chaudhary said in a written reply.