Privacy Policy
At Modern Business a paragon of excellence in the realm of global trade, we are steadfastly committed to safeguarding the sanctity of your personal information. Headquartered in the dynamic economic heart of India, our firm upholds the highest standards of integrity, transparency, and compliance with the Information Technology Act, 2000, the Digital Personal Data Protection Act, 2023, and other pertinent regulations. This Privacy Policy (“Policy”) illuminates our unwavering dedication to protecting your privacy while fostering trust and confidence in our distinguished export-import operations.
- 1. Scope and Applicability This Policy governs the collection, processing, storage, and disclosure of personal data by Modern Business (“We,” “Us,” or “Our”) in connection with our world-class export-import services, client engagements, and digital platforms, including our website modernbusinessind.com and related services. It extends to all individuals and entities engaging with us, including esteemed clients, trusted suppliers, valued employees, and discerning visitors (“You” or “Your”).
- 2. Definitions For clarity and precision, the following terms are defined:
- 3. Collection of Personal Data In our pursuit of unparalleled excellence in international commerce, We collect personal data with utmost care and only with Your explicit consent or as necessitated by legitimate business imperatives. The categories of data We may collect include:
- 4. Purpose of Data Collection Your personal data is processed with precision and care to fulfill the following noble purposes:
- 5. Legal Basis for Processing We process personal data in strict adherence to the following legal foundations:
- 6. Data Storage and Security At [Your Firm Name], We deploy cutting-edge security measures to shield Your personal data from unauthorized access, disclosure, alteration, or destruction. Our robust safeguards include:
- 7. Data Sharing and Disclosure We may share Your personal data with trusted third parties solely to advance Our services or comply with legal obligations, including:
Personal Data: Information relating to an identified or identifiable individual, encompassing name, contact details, financial particulars, and identification numbers.
Sensitive Personal Data or Information (SPDI): As delineated under the Information Technology (Reasonable Security Practices and Procedures and Sensitive Personal Data or Information) Rules, 2011, including financial data, biometric information, and other sensitive particulars.
Data Subject: An individual whose personal data is collected, processed, or stored by Us.
Contact Information: Name, email address, telephone number, and postal address to ensure seamless communication and transaction execution.
Business Information: Company details, trade licenses, tax identification numbers, and banking particulars to uphold regulatory and contractual obligations.
Transaction Data: Details of export-import transactions, including invoices, shipping records, and payment particulars.
Digital Data: IP addresses, browser information, and cookies gathered through Our website to elevate user experience and optimize service delivery.
Other Information: Data You voluntarily provide, such as feedback, inquiries, or preferences.
We collect such data through direct interactions, contractual engagements, online forms, email correspondence, or sophisticated automated technologies on Our digital platforms.
To orchestrate and manage export-import transactions with elegance and efficiency.
To comply with legal and regulatory mandates, including customs, taxation, and anti-money laundering obligations.
To deliver timely communications, respond to inquiries, and provide exemplary client support.
To refine Our services, enhance Our website, and curate personalized experiences befitting Your stature.
To safeguard Our legitimate business interests, including fraud prevention and risk mitigation.
Consent: Where You have granted explicit permission for specific processing activities.
Contractual Necessity: Where processing is essential to fulfill contractual obligations with You.
Legal Obligation: To comply with applicable laws, regulations, or judicial mandates.
Legitimate Interests: Where processing serves Our legitimate business interests, provided such interests do not encroach upon Your fundamental rights and freedoms.
Encryption of sensitive data during transmission and storage to ensure impregnable protection.
Periodic audits and enhancements of Our security protocols, aligned with global best practices.
Stringent access controls, restricting data access to authorized personnel only.
Secure data centers adhering to international standards of data protection excellence.
Personal data is retained only for the duration necessary to fulfill the purposes outlined herein or as mandated by law. Upon expiration of the retention period, data is securely deleted or anonymized with meticulous care.
Service Providers: Logistics partners, customs agents, and financial institutions integral to Our operations, bound by stringent confidentiality
