Paytm quizzed by parliamentary panel over Chinese investment, storing of data in servers abroad


Source: financialexpress.com financialexpress.com

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Bidding for Air India to be done on enterprise value: Hardeep Singh Puri Questions were also raised about the possible conflict of interest considering that Paytm also sells its own products on its e-commerce platform, they said. In its submission before the panel, Paytm said sensitive and personal data may be transferred outside India for the purpose of processing when explicit consent is given by the “data principal” for such transfer. Facebook, Twitter and Amazon have deposed before the panel, while representatives of telecom operators Reliance Jio and Airtel and cab aggregators Ola and Uber have been asked to appear...