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Vietnam passes cyber law denounced in street protests

Bloomberg Vietnam’s National Assembly has passed a cybersecurity law requiring companies such as Alphabet Inc.’s Google and Facebook Inc. to store all data of Vietnam-based users in the country and open local offices. The measure has drawn rare dissent from some lawmakers and government leaders as well as local tech groups, who sent a petition to the legislature that warned ...

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Indian TV maker blames Modi, Brazil for bad debt pile

Bloomberg Who’s at fault for Videocon Industries Ltd.’s 39 billion rupees ($579 million) debt pile? The Indian maker of consumer appliances is casting the blame on Prime Minister Narendra Modi, the nation’s top court and the Brazilian government. A bankruptcy court admitted an insolvency petition filed by creditors, led by State Bank of India against Videocon, and ordered debt reorganisers ...

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Monsanto rival seeks bigger share of Indian food crop seed market

Bloomberg Kaveri Seed Co., which competes with Monsanto Co. to sell hybrid seeds in India, is seeking a bigger share of the food crop market to reduce dependence on cotton seed, its breadwinner. The company gets about 60 percent of revenue from cotton seed sales and the remainder from vegetable seeds and grains including paddy and corn. It aims to ...

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