Indian government is planning to update the around 20-year-old Information Technology (IT) Act to widen its ambit to the changes in technology in the recent years. Speaking to the media in New Delhi on Wednesday, Union Electronics and IT Minister Ravi Shankar Prasad said along the technology ecosystem, the challenges had also changed and increased … Read more
Walmart’s Flipkart has filed a legal challenge against an antitrust investigation ordered against the company in India, a court filing seen by Reuters showed, following a similar petition by its rival Amazon.com. The Competition Commission of India (CCI) in January ordered a probe into alleged violations of competition law and certain discounting practices by the … Read more
Chinese personal computer maker Lenovo warned on Thursday it faced short-term volatility and challenges from the coronavirus outbreak, as it reported a better than expected quarterly profit and record revenue. The world’s largest PC maker is among companies facing disruptions to their supply chain after local governments extended a Lunar New Year holiday and imposed … Read more