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Tata 1mg has reported a 160% year-on-year jump in its operating revenue for the year ended March 31 to Rs 1,627 crore. However, the company's net loss more than doubled to Rs 1,254.9 crore in FY23, documents sourced from business intelligence platform Tofler showed. A significant chunk of the increase in Tata 1mg's loss was attributable to a Rs 668.1 crore one-time expense.

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The Digital Personal Data Protection (DPDP) Bill, which was passed in the Lok Sabha on Monday, provides for an easy cross-border movement and processing of personal data in all geographies, except those barred by the government from time to time. The bill, however, also stipulates that this provision shall not restrict any other laws which mandate and provide “for a higher degree of protection for or restriction” on the transfer of personal data outside India by a data fiduciary. The sectoral laws by various regulators will supersede the provisions of the DPDP Bill when it comes to mandates for data localisation, a senior government official told ET.

Ryan Salame, the former co-CEO of FTX Digital Markets, is reportedly discussing a potential guilty plea with U.S. authorities.

New Delhi: The Telecom Regulatory Authority of India has recommended creation of a new category of license called the Digital Connectivity Infrastructure Provider (DCIP) which will be allowed to create active as well as passive digital connectivity infrastructure. The license category will be an authorisation under the unified license and would not be levied any license fees, but a one-time entry fee of ₹2 lakh and processing fee at ₹15,000 will be charged.

As Charles Schwab nears the completion of its merger with TD Ameritrade, a large registered investment advisor is instead moving to another custodian.

TRAI) has kicked off a consultation exercise on issues related to the TV broadcasting sector, in which it has also asked the stakeholders if DD Free Dish, the free direct-to-home (DTH) platform owned by Prasar Bharati, needs to be brought under the regulatory framework. The regulator has asked the TV broadcast industry to give their views on upgrading DD Free Dish to an addressable platform. The TRAI has also requested input from stakeholders about the migration process for DD Free Dish to become an addressable platform as well as the timeline for implementing the proposed migration plan. Currently, DD Free Dish is a non-addressable platform as the majority of the set-top boxes (STBs) through which its service is accessed are unencrypted. The TRAI's tariff and regulations don't apply to DD Free Dish since it is a free platform. The distribution platform operators (DPOs) have been lobbying for years with the government to regulate DD Free Dish, which has become a distribution giant and is estimated to reach over 40 million TV homes.During the recent auction, Prasar Bharati earned over Rs 1000 crore in annual carriage fees from the sale of 65 slots of DD Free Dish to the broadcasters.

As Bitcoin maintains its position around the $29,000 threshold, several market dynamics emerge, offering potential trajectories for the world's leading cryptocurrency.

Tata Group, jumped 45% in the financial year ended March to Rs 35,058 crore, boosted by dividends from group companies. Profit rose 29% to Rs 22,132 crore, Tata Sons said in its annual report. Tata Sons got a dividend of Rs 33,252 crore in FY23 compared with Rs 11,499 crore in FY22.

An Australian technology investor has entered a partnership with a UK-based investment banking and advisory shop, in a bid to match local tech companies with overseas sources of capital.

Even crypto industry outsiders are gaining clarity on the benefits of blockchain technology, which is a significant step forward for the ecosystem. However, a challenge remains: The industry still struggles with interoperability between blockchain networks. 

Walt Disney (NYSE:DIS) is all set to release its fiscal Q3 earnings right after the market closes tomorrow, August 9th. Back in May, the

(Reuters) — An overwhelming number of business owners in the United States are looking to expand their insurance coverage amid risks ranging from climate change to cyber attacks, a study by global insurance brokerage Gallagher showed on Tuesday.

Lupin Digital Health, the subsidiary of drug maker Lupin that specialises in cardiac digital therapeutics on Tuesday announced the launch of Lyfe Digital Heart Failure Clinic in India. The e-clinic aims to help cardiologists and caregivers manage heart failure patients effectively from the comfort of their homes.

Mobile Premier League (MPL) will lay off 350 staffers with an aim to control its costs that are expected to rise as a result of the increase in burden from goods and services tax (GST). In an email sent to the company’s employees on August 8, MPL cofounder and chief executive Sai Srinivas wrote, “Last week, it was confirmed that a 28% GST will be levied on the full deposit value rather than on gross gaming revenue (GGR). The new rules will increase our tax burden by as much as 350-400%.

leadership of P K Mishra, principal secretary to the prime minister. The meeting delved into various facets of the forthcoming G20 Summit, encompassing both substantive and logistical aspects. The 18th Heads of State and Government Summit of the G20 will take place in September 2023 in the national capital.

Exide Industries Ltd on Tuesday said it expects to regain its pre-covid EBITDA margin of 13-14 per cent in the next one to two years. The company's current EBITDA margin is 10.6 per cent, as input costs have remained erratic. «We are seeing a revamp in demand after Covid and expecting both automotive and industrial verticals will do well.

The big question is; how to do digital well? And how to ensure that its implications on people, processes and technology are in your favour? ISB has launched the Certificate Programme in Digital Transformation, to help answer these questions. This 12-week online programme will offer a comprehensive understanding of the technological disruptions across industries. You will learn about emerging technologies like blockchain, social computing, IoT and their business use cases. You will learn to identify opportunities for innovation in your company. If you want to restructure, upgrade, and transform the way business is donehen this is the right programme for you.Who should choose the ISB Digital Transformation programme?Explore ISB Digital TransformationMore e organisations are adopting digital transformation strategies every day. But for many, it is

By Akash Sriram

AI-powered creator tech company on Tuesday announced the launch of its influencer marketing platform ‘Animeta Brandstar' to help brands execute campaigns with the most relevant creators, said the company through its press release. The tech company said that it will soon enable 'Social Commerce' and 'Affiliate Marketing,' under its Brandstar+ initiative. Animeta Brandstar wishes to solve issues in digital advertising such as lack of visibility and control due to multiple intermediaries, said Animeta. At present, influencer marketing is expected to grow at 25 per cent CAGR, reaching Rs 220 billion by 2025.The company in its statement said that it will provide real-time data analytics to optimize campaigns, ensure brand fitment and measure Return on Investment (ROI) through its new platform.

airport lounges and fraud protection. A credit card can be expensive if you don’t pay your balance in full, and higher interest rates have now raised the cost of carrying a credit-card balance. Paying off a $1,000 balance in 12 months at the current average annual percentage rate of 22.16% means $103 in interest, compared with $77 roughly a year ago when the average was 16.65%, according to estimates from the Federal Reserve.