In their submissions, these companies asked for Indian users' data to be transferred only to countries that allow their citizens' data to be sent to India. And, that a copy of data stored overseas be also kept in India.
On December 4, the NCLAT refused to stay the antitrust regulator’s order citing “lack of urgency”
"PPBL has got the final approval from RBI to operate as Bharat Bill Payment Operating Unit (BBPOU) under the Payment and Settlement Systems Act, 2007. As an entity under Bharat Bill Payment System (BBPS), PPBL has got the final authorization to conduct bill payment and aggregation business as a BBPOU," the company said in a statement.
The company Ambit Finvest partnered with Damco Solutions to implement a custom Salesforce solution to help their sales team digitize their sales journey. This mobile-ready, DSA-focused, and geolocation intelligence-based Salesforce solution has helped them reduce their effort by more than 70% for document collection and validation, to track the status of the loan applications and collections in real-time. It also helped manage the performance of the entire feet-on-street sales team and improve intra-team collaboration. From requesting a fresh loan to a go/no-go decision, the time taken was also reduced from several days to a few minutes, which enhanced the customer experience further.
For the affected employees at ShareChat’s parent firm, the company is provided a financial package that includes a payout for the notice period and an additional 15 days of monthly gross salary for each completed year of service as a full-time employee.
The latest developments are an extension of what has transpired in the so-called new economy over the last six to eight months. Layoffs at tech startups are expected to continue until the end of quarter, after which the situation could improve, industry experts said.
Delivery partners can reach the ambulance service instantly by tapping the SOS button on the partner app or through a toll-free number. The current average response time is 12 minutes.