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Indian News

Twitter seeks more time from government to comply with new IT rules

The rules also require significant social media intermediaries — providing services primarily in the nature of messaging — to enable identification of the “first originator” of the information that undermines the sovereignty of India, the security of the state, or public order.

Under the rules, significant social media intermediaries — those with over 50 lakh users — are required to appoint a grievance officer, a nodal officer and a chief compliance officer. These personnel have to be residents in India.

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New India Assurance Q4 net jumps 91 pc to Rs 241 cr, CR improves by 3.15 % to 113.28%

”FY21 was a challenging year. Apart from Covid-19 pandemic related issues at the beginning as well as towards the end of the year, the industry also witnessed a few catastrophe events as well. However, the company was able to put up a resilient performance. Indian business grew by 6.2 per cent versus industry growth of 5.2 per cent and increased its market share to 14.33 per cent,” Atul Sahai, chairman and managing director, NIA said.

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Labour codes : Companies’ PF liability to go up, workers’ take-home pay to shrink

The labour ministry had envisaged implementing the four codes on industrial relations, wages, social security and occupational health safety & working conditions from April 1, 2021. These four labour codes will rationalise 44 central labour laws.

The ministry had even finalised the rules under the four codes. But these could not be implemented because many states were not in a position to notify rules under these codes in their jurisdiction.

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