Facebook India seeks 14-day extension from Delhi Assembly over summon

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New Delhi, Nov 2 | Facebook India has sought a 14-day extension to appear before the Delhi Assembly’s Committee on Peace and Harmony, which had summoned the social media giant to send its senior representative to testify on November 2 over the February 2020 riots in the national capital.

Public policy head of Facebook India has made the extension request to enable the organisation to ensure the availability of senior representatives with the requisite knowledgeto provide the Committee with the data required.

“It becomes incumbent on yourself to ensure the appearance of the appropriate senior representative(s) before the Committee on the date and time requested,” the letter sent to the Deputy Secretary of the Committee on October 29 read.

The team has also requested the Committee to share the questions it intends to ask, “or at least the topics of inquiry in advance” so that Facebook’s representatives are “equipped with relevant information”.

The Delhi Assembly panel in its summon dated on October 27 said: “Since Facebook has lakhs of users in the NCT of Delhi, Athe committee has decided to hear the views of representative(s) of Facebook India.

“The committee has observed and is of the opinion that social media has a very important role in curbing the spread of false, provocative and malicious messages, Awhich can fan the violence and disharmony.”

The Committee was constituted after the Northeast Delhi riots took place between anti and pro-Citizenship Amendment Act (CAA) protesters.

The time of the mayhem coincided with former US President Donald Trump’s maiden trip to India.

Over 50 people had died in this riots, one-third of which belonged to a minority community.

Several viral posts over social media, mainly Facebook, added fuel to the fire.

Source: IANS

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Weekly Fundamental Market Outlook

Weekly Fundamental Market Outlook

Indian share market posted its first weekly gain in Jun by rising 2.7%.

This week, the Indian Stock Market rebounded strongly and ended with first weekly gain of 2.7% in June as a drop in commodity prices offered some relief from broadening inflationary pressures. Copper prices, which are often seen as a bellwether for economic output due to their wide range of industrial and construction uses, are heading for their worst week in a year, while oil prices have dropped over concerns of slumping demand.

While the US recessionary fears are still at the forefront, but the slide in commodity prices has lifted the mood of stock market.Cheaper oil is usually beneficial for oil-importing countries such as India.

Domestically, on sectorial basis, Auto and FMCG are the top gainers, while Metal index is the top losers. On stock basis, Hero MotoCorp, Eicher Motors, Hindustan Unilever, Maruti Suzuki and M&M were the top gainers and Tata steel, UPL, Reliance Industries, hindalco Inds and Coal India were the top losers.

In the next week, investors will keep a close eye on crude oil price movement, commodity prices, US economic activity and the geopolitical development.

 

Post Disclaimer by BhaskarLive.in

The information contained in this post is source form the news agency or PR agency. We do not take any responsibility of accuracy of information. We have not made any modification or changes in original source content. This information only for general information purposes only. The information is provided by BhaskarLive.in and while we Endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the post for any purpose.

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