IT Update
IT bill tabled in LS; 2 sections dropped The Government on Monday moved the amended IT bill in the Lok Sabha after dropping the two controversial sections pertaining to compulsory registration of websites and maintenance of a register of visitors to cybercafes under clause 73. Videocon group restructures operations, sets up 8 SBUs The Rs 3,200-crore consumer electronics major Videocon group has restructured operations by forming eight strategic business units (SBUs). Headed by independent chief operating officers, the SBUs will function as individual profit centres reporting to an apex board of governors. TV18 enters into content sharing alliance with eFE Television Eighteen Ltd (TV18), India's premier business news content provider, has entered into a unique business news content sharing alliance with eFE, India's first e-business newspaper, which forms a part of The Financial Express five days a week. RBI unveils draft norms for NBFCs' insurance foray The Reserve Bank of India will allow non-banking finance companies (NBFCs) with Rs 500 crore net worth to float insurance ventures.
IT bill tabled in LS; 2 sections dropped
Videocon group restructures operations, sets up 8 SBUs
TV18 enters into content sharing alliance with eFE
RBI unveils draft norms for NBFCs' insurance foray