04 Aug’22 ,MONDAY Along with online gaming, there has been delay in GoM reports on casinos and GST Appellate Tribunals as well GoMs are still not ready with their reports GST Council is likely to meet at the end of September Delay in Group Of Ministers (GoM) reports on online gaming, casinos and GST Appellate …
Delay In GoM Reports Pushes GST Council Meet To September Read More »
04 Aug’22 ,THURSDAY The Ministry of Electronics and IT has set up a mechanism to audit compliance of social media intermediaries under IT rules every quarter Through this audit, the ministry will verify if social media companies are reporting about grievances raised to them correctly It will also check if the measures taken by the …
IT Rules: MeitY Plans Quarterly Compliance Audit For Social Media Platforms Read More »
04 Aug’22 ,THURSDAY Expert panel has been set up to tackle safety-related issues of EVs: MoS Gurjar The minister also said that 6,656 EVs have so far been recalled by Okinawa, PureEV and Ola Electric Standards for testing of EV components specified under Rule 126 of the Central Motor Vehicles Rule, 1989 Minister of State …
6,656 EV Two-Wheelers Recalled By 3 Players So Far: Govt Read More »
04 Aug’22 ,THURSDAY The MHA had identified 348 apps which were collecting users’ information and transmitting it in an unauthorised manner to servers located outside the country for profiling: Govt These apps were developed in various countries, including China: MoS Chandrasekhar The move is part of the larger crackdown on apps from China or Chinese …
India Bans 348 Mobile Apps For Collecting, Transmitting User Information Overseas Read More »
03 Aug’22 ,WEDNESDAY The instant messaging platform received 426 complaints for ban appeals, 123 for account support, 35 for product support and 16 for safety In May 2022, WhatsApp had banned 1.91 Mn Indian accounts and had received 528 grievances Based on the 632 requests, WhatsApp acted on 64 accounts for ban appeals WhatsApp banned …
03 Aug’22 ,WEDNESDAY Undervaluation of imported goods for the purpose of payment of customs duty in case of Oppo amounts to an evasion of INR 1,408 Cr Approximate duty liability for Vivo India is about INR 653 Cr and the company has deposited only INR 46 Lakh: FM The CBIC registered cases against 43 other …
Govt Looking Into Cases Of Tax Evasion By China’s Vivo, Oppo, Xiaomi: FM Sitharaman Read More »
03 Aug’22 ,WEDNESDAY Zomato said SEBI asked the startup to submit a response on the stock exchanges to concerns raised in media reports on its acquisition of Blinkit The startup said that the deal value should include only the consideration paid for the purchase of the proposed acquisition targets and not include any future investments …
Prodded By SEBI, Zomato Issues Another Clarification On Blinkit Acquisition, Deal Value Read More »
02 Aug’22 ,TUESDAY Of all the reports, abusive language received the highest number of complaints at 24.53% In the month of June, ShareChat received 12 requests from law enforcement authorities and investigating agencies Moreover, it permanently terminated 11,856 user accounts in June ShareChat took down around 2.6 Mn content pieces in the month of June …
29 jul’22 ,FRIDAY In May 2021, PhonePe was said to be finalising a $60 Mn deal to acquire 92% of Indus OS Indus OS’ existing investor Affle went to SIAC and countered that it valued the company at $90 Mn, not $60 Mn – $65 Mn When Affle’s plea was dropped in by the Singapore …
PhonePe Acquires Content & App Discovery Platform OSLabs After A Year-Long Wait Read More »
29 jujl’22 ,FRIDAY Live gaming is perhaps now one of GenZ’s most preferred mediums for entertainment. Indian lock screen platform Glance may be enabling new audiences from untapped markets to discover premium gaming experiences on the lock screens of their smartphones. Recently, NODWIN Gaming, one of the world’s leading eSports companies, onboarded Glance as the digital …
Ten million gaming enthusiasts watched eSports live streams on Glance daily Read More »
