Left Menu
Development News Edition

Russian lawmaker may rework draft legislation after Yandex governance restructure


Russian lawmaker may rework draft legislation after Yandex governance restructure
Image Credit: Wikipedia

The Russian lawmaker behind a draft law which would limit foreign ownership of Russian technology companies at just under 50%, has reacted positively to internet giant Yandex's decision to restructure its corporate governance, he said on Monday.

Writing in a blog post, Anton Gorelkin said his law was not targeting Yandex, and said he might recall the draft legislation to amend it.

Yandex said it supported the idea of withdrawing the bill in its current form and said: "We believe the bill's ideas can be achieved using less painful methods for the internet industry."

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)


TRENDING

OPINION/BLOG/INTERVIEW

Hyderabad Encounter: Time to review modern judiciary and restore people’s confidence

Its probably for the first time in the history of independent India, the parliamentarians, chief ministers and ministers in the Union and State governments are openly supporting an encounter. This indicates the people from top to bottom hav...

What happens to your outstanding loans if the bank falls?

... ...

Time for a change! Innovations to stop the growing plastic pollution

As the planet is drowning in plastic pollution, many new innovative approaches and solutions have emerged to effectively deal with the menace....

How to avoid fake universities and fishing bait like Farmington

As education sharks are roaming around to prey, we present a guide on how to mitigate hunters and reach to a genuine universityinstitute. In this era of commercialization of education, the fake universities and economic frauds in educationa...

Videos

Latest News

Eskom bumps up load shedding to Stage 4 after loss of generation units

Following the loss of additional generation units, Eskom has bumped up load shedding from Stage 2 to Stage 4.Eskom has lost additional generation units this morning, increasing unplanned breakdowns UCLF to 14 200MW as at 0925. Along with a ...

Cong seeks swift govt action to fill up vacancies in courts

The Congress in Rajya Sabha on Monday expressed concern over large number of vacancies in high courts and subordinate courts and urged the government to take swift action to fill up the posts. Raising the matter during the Zero Hour, T Sub...

SC to consider hearing PIL for probe into encounter of 4 accused in gang rape-murder of Hyd vet

The Supreme Court will consider on Wednesday whether to hear a PIL seeking an SIT probe into the killing of four men, who were arrested on charges of gang rape and murder of a veterinarian in Telangana, an alleged encounter by the police. A...

Don't touch trees for Bal Thackeray memorial in Aurangabad: CM

A senior Shiv Sena leader on Monday claimed that Maharashtra Chief Minister and party president Uddhav Thackeray had given oral orders against felling of trees for the proposed memorial of his late father and Sena founder Bal Thackeray in A...

Give Feedback