14 Aug 2023 – Page 2 – aniltikotekar4sme.com

Another colonial-era law, Indian Post Office Act, 1898, to be repealed

https://www.thehindubusinessline.com/news/national/another-colonial-era-law-indian-post-office-act-1898-to-be-repealed/article67187127.ece The Central Government has proposed empowering post offices employees to open or detain any item during transmission in the interest of national security or

https://www.thehindubusinessline.com/news/rights-of-citizens-will-not-be-compromised-whether-the-data-is-stored-in-india-or-outside-ashwini-vaishnaw/article67191027.ece A day after the Digital Personal Data Protection Bill 2023 Act was notified, Ashwini Vaishnaw, Minister of Communications and Electronics and Information Technology, sought

A thinking person’s guide https://www.business-standard.com/opinion/columns/personal-data-protection-123081300592_1.html Last week, I was sitting in the rear seat of my car, deeply immersed in my kindle, reading about recent

https://www.business-standard.com/world-news/goldman-sachs-chief-executive-david-solomon-stuck-without-a-clear-lifeline-123081300631_1.html excerpts One day in mid-June, Lloyd Blankfein called David Solomon (pictured), chief executive of Goldman Sachs. Solomon had not been expecting it. Blankfein, a

https://www.business-standard.com/technology/tech-news/chatbots-hackers-trick-ai-with-bad-math-to-expose-flaws-biases-123081300068_1.html Excerpts Producing “Bad Math” is just one of the ways thousands of hackers are trying to expose flaws and biases in generative AI systems

https://www.business-standard.com/companies/news/chatgpt-costs-700-000-daily-maker-may-go-bankrupt-in-2024-report-123081300627_1.html excerpts OpenAI spends roughly $700,000 per day (around Rs. 5.8 crore) to run ChatGPT and Microsoft and other recent investors are covering these costs

https://www.business-standard.com/opinion/columns/disclosure-requirements-of-data-law-may-create-woes-of-genai-models-123081300471_1.html One of our major achievements is self sufficiency in food grain production, thanks to the green revolution of the early seventies. Now, we not

https://www.business-standard.com/economy/news/india-australia-trade-pact-sees-90-utilisation-rate-in-first-six-months-123081300397_1.html excerpts The utilisation rate of the India-Australia trade pact is estimated at an average of 90 per cent during the first six-months since implementation

https://www.business-standard.com/economy/news/centre-pushes-for-faster-admission-of-corporate-insolvency-cases-at-nclt-123081300452_1.html Benches of the National Company Law Tribunal (NCLT) should not get into questioning a company’s default once it is established by the creditors, particularly

https://www.business-standard.com/markets/news/directors-special-why-independent-directors-matter-for-bank-boards-123081300574_1.html excerpts Widening the pool Under Section 20 (1) of the Banking Regulation Act (1949), banks are prohibited from having a credit relationship with a

https://www.business-standard.com/markets/news/rising-competition-valuations-of-paint-majors-on-street-s-palette-of-worry-123081300321_1.html Excerpts In terms of profitability, all paint companies experienced an expansion in margins, attributed to lower raw material costs and an improved product mix.

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