Try GOLD - Free
The cost of consent
Financial Express Kochi
|January 08, 2025
The proposed DPDP Rules challenge marketers to rethink strategy
FOR YEARS, THE ₹916-billion Indian marketing industry has relied on an abundance of personal data to craft targeted campaigns, often without explicit user consent. Clearly, there was significant disconnect between consumers and their personal data and how the companies that collect it, use it.
The proposed Digital Personal Data Protection (DPDP) Rules have the capacity to disrupt this framework, handing the lever to the consumer.
"Brands must now focus on creating value exchanges where consumers willingly share data because they see tangible benefits, not just because they have no other choice," says Surendra Singh, CEO, Brand Street Integrated.
The push for stringent data protection laws mirrors global trends akin to European Union's General Data Protection Regulation (GDPR) that protects the privacy and security of personal data. "While laws exist, the real challenge is not just their creation but how well they are implemented and enforced," says Chandan Bagwe, founder & director of C Com Digital.
Time to rebuild trust
This story is from the January 08, 2025 edition of Financial Express Kochi.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Kochi
Financial Express Kochi
Venugopal appointed Reliance Retail CEO, president
RELIANCE RETAIL VENTURES, the holding entity of the country’s leading retailer Reliance Retail, has appointed former Flipkart executive Jeyandran Venugopal as its president & CEO.
1 min
December 04, 2025
Financial Express Kochi
FM: States to benefit from tobacco excise duty hike
© Proceeds to be part of the divisible pool
2 mins
December 04, 2025
Financial Express Kochi
Top Indian artists' works fetch ₹310 cr in a year: Report
AMOUNTS FETCHED BY the sale of theworkby top-50 Indian artists alive rose by a moderate 3% to ₹310 crore in the year, a report said on Wednesday.
1 min
December 04, 2025
Financial Express Kochi
Sanchar Saathi pre-installation order revoked
Govt says spike in downloads hints at app gaining traction
1 min
December 04, 2025
Financial Express Kochi
IIT K sets Day 1 placement record with 672 job offers
THE INDIAN INSTITUTE of Technology Kanpur (IIT K) kicked off its 2025-26 campus placement season with 672 job offers on the first day, a 16% increase over last year.
1 min
December 04, 2025
Financial Express Kochi
Rupee risks steeper fall on tariff woes, weak FDI
Slide in exchange rate underscores divergence in India’s macro data
2 mins
December 04, 2025
Financial Express Kochi
Silver hits record high
SILVER TRADED NEAR a record high as traders bet on further monetary easing by the Federal Reserve and supply tightness. Gold slipped.
1 min
December 04, 2025
Financial Express Kochi
Meesho’s ₹5,421-cr IPO booked 2.35x on Day 1
THE INITIAL PUBLIC offering (IPO) of SoftBank-backed e-commerce firm Meesho received 2.35 times subscription on the first day of share sale on Wednesday, helped by across the board investors’ participation.The three-day IPO got bids for 65,40,18,165 shares against 27,79,38,446 shares on offer, as per NSE data.
1 min
December 04, 2025
Financial Express Kochi
Rupee cracks below 90 to the dollar
HOWEVER, UDAY KOTAK, Founder & Director of Kotak Mahindra Bank, urged Indian businesses to break out of their comfort zone, warning that foreign investors appear to be calling the shots in current market dynamics.
2 mins
December 04, 2025
Financial Express Kochi
The ‘bot coolie’ trap
IT FIRMS MUSTAVOID REPLICATING THE LOW-COST IT SERVICES MODELIN THE AI SPACE
3 mins
December 04, 2025
Listen
Translate
Change font size
