Alibaba is the first foreign company to openly claim it's ready to accept the data localisation rules, while other prominent giants like Amazon, Microsoft, American Express, Google and Facebook have shown reluctance.

In July, a government panel recommended that all \"critical personal data\" should be processed in India, and presented a draft bill that could affect how global firms store customer data.

India's largest law firm, Cyril Amarchand Mangaldas (CAM), is being scrutinized by CBI sleuths after they seized documents related to the $2 billion fraud at state-run Punjab National Bank (PNB) from CAM's premises in February

The BJP-led NDA government probably had the right intention when they knocked on the doors of Ravi Venkatesan, former chairman of Microsoft India and P S Jayakumar, an ex-citibanker turned entrepreneur, for helping them in conducting an experiment of sorts with Bank of Baroda.

The merger of Dena Bank and Vijaya Bank with Bank of Baroda will create new challenges for the amalgamated bank.

The RBI had earlier directed all payment services companies to store data in India by mid-October.

Alibaba co-founder and chairman Jack Ma plans to retire from the Chinese e-commerce giant on Monday to devote his time to philanthropy focused on education, he told the New York Times in an interview.

Section 377 and the judgment was one of the most-talked about topics on social media on Thursday.

The 170,000 sq mt facility in Singapore is expected to be operational in 2022.

Tips to filter what your children are exposed to.

A 1962 Ferrari 250 GTO sees a record bid of $48.4 million (over Rs 338 crore). The extremely rare Ferrari was brought under the hammer by RM Sotheby at the Monterey Week.

OnePlus 6T is expected to come with a tear-drop notch and triple camera system; Nokia gets its PureView trademark back from Microsoft; and Facebook wants you to make friends with strangers using 'things in common.' Watch this episode of Daily Tech Wrap with Danny D'Cruze.

OnePlus 6T is expected to come with a tear-drop notch and triple camera systemWhile other smartphone manufactures are still trying to play catch up in the smartphone segment, OnePlus is all set to launch its second flagship of this year. The OnePlus 6T is expected to launch in November and will come with a design language similar to Oppo's new phones like F9 Pro and R 17. One of the key highlights will be a triple-lens camera. Nokia gets its PureView trademark back from MicrosoftNok...

Several members from the eBay team have been integrated with Flipkart's 2GUD team.

Home ministry has directed that ATMs will not be replenished with cash after 9 pm in cities and post 6 pm in rural areas from February 8, next year; an RBI study has concluded that MSMEs had been worst hit by DeMo as well as the hurried GST rollout; and US tech firms such as Facebook, Google, Microsoft, Amazon, and Twitter, besides foreign telcos and IT firms plan to redouble their efforts to lobby against India's data localisation norms. BusinessToday.In Editor Rajeev Dubey explains this and more on The Good, The Bad and The Ugly.

These new-age hybrid devices are lithe, chic and top performers.

The mega deal, announced in May this year, is the largest so far in the Indian retail space. This is also Walmart's biggest acquisition and will help it compete more aggressively with its US-based rival Amazon.

Technology executives and trade groups have discussed approaching Prime Minister Narendra Modi's office to appraise him of their worries. Separately, the industry is considering pitching the issue as a trade concern, including at the India-US talks in September in New Delhi.

The study, conducted by The Economist Intelligence Unit (EIU) and sponsored by Microsoft, surveyed more than 400 senior executives from various industries, including financial services, healthcare and life sciences, manufacturing, retail and the public sector.

PM Modi may push financial inclusion drive in I-Day speechPrime Minister Narendra Modi is expected to announce benefits for about 32 crore Jan Dhan account holders in his Independence Day address this week to provide a boost to the government's financial inclusion drive, official sources said. There could be a doubling of overdraft facility to Rs 10,000 under the Pradhan Mantri Jan Dhan Yojana (PMJDY) account holders as part of the government's effort to fund the unfunded, they ...