The Sebi board on Wednesday approved a series of measures, including stricter regulatory norms for SME IPOs, a comprehensive overhaul of investment banking regulations, and an expanded definition of Unpublished Price Sensitive Information (UPSI). Also, the board approved reforms to boost ease of doing business for Debenture Trustees, ESG rating providers, InvITs, REITs, and SM REITs.
Paytm will focus on its core business of payments and cross-selling financial services as it works to achieve "profitability soon", said Vijay Shekhar Sharma, founder and chief executive officer of the fintech, on Thursday. "The past six months have taught us many lessons, giving us the opportunity to thoroughly examine our business processes, compliance, and the way we operate from the inside out.
Home Minister Amit Shah accused the Congress of twisting facts and distorting his comments on B.R. Ambedkar in the Rajya Sabha, saying the opposition party launched a malicious campaign after a parliamentary discussion "established" the Congress as being "anti-Ambedkar and anti-reservation." Shah defended his remarks, stating his address was clear and without confusion, and that his party would explore all legal options against the Congress for misrepresenting his comments. He also accused the Congress of insulting V.D. Savarkar, crushing constitutional values by imposing Emergency, and humiliating soldiers who laid down their lives.
The National Stock Exchange (NSE) on Monday cautioned investors against deepfake videos of its MD and CEO Ashishkumar Chauhan giving investment advisories. In a statement, the exchange said it has observed the use of face/voice of Chauhan and NSE logo in a few investment and advisory audio and video clips falsely created using technology. Such videos seem to have been created using sophisticated technologies to imitate the voice and facial expressions of Chauhan.
According to the spokesperson, Singh has filed a police complaint and the FIR has been lodged for further investigation by the cyber crime cell.
In the purported 27-second clip, which seems to have been edited using artificial intelligence (AI), Khan could be seen talking about staying away from rhetoric (jumla).
Aamir Khan has never endorsed any political party in his 35-year career and the viral video of the Bollywood superstar is "fake" and alarming, his spokesperson said on Tuesday.
After the National Stock Exchange (NSE), rival bourse BSE on Thursday cautioned investors against deepfake videos of its MD and CEO Sundararaman Ramamurthy giving stock recommendations. In a statement, the exchange said it has noticed some fake, unauthorised and fraudulent videos and audios created through innovative and ingenious technology impersonating the BSE's top honcho are being circulated on social media recommending certain investments and advisory in stocks.
Flipkart's hyper-value e-commerce platform Shopsy is intensifying efforts to tap over half of the 821 million internet users (about 442 million) in rural India. These efforts are being led by Prathyusha Agarwal, who recently joined as business head at Shopsy. The aim is to become the go-to destination for consumers seeking entry-level products across various categories.
Paris 2024 gearing up to face unprecedented cybersecurity threat
The TMC released a video, in which a man, claimed to be a BJP mandal president in Sandeshkhali, was heard saying that leader of the opposition in the West Bengal assembly "Suvendu Adhikari is behind the whole conspiracy".
Industries such as aviation and hospitality have many silos within them and Aionos, the joint venture between Interglobe Enterprises (IGE) and Assago Group, is an attempt to bridge them and boost efficiencies using artificial intelligence (AI) solutions, Rahul Bhatia told Business Standard on Tuesday. Bhatia, the Group Managing Director of IGE, serves as the majority shareholder in India's largest airline, IndiGo. Additionally, IGE operates 21 hotels under the Ibis brand and runs a logistics company called Movin.
Modi observed that the Supreme Court has decided to translate operative part of the judgment in language spoken by the litigant.
'The Railways decided to go for kavach three years back, but the progress has been very slow.'
Prime Minister Narendra Modi reached out to the attendees of the Kashi Tamil Sangamam in Varanasi with his speech being translated for the audience in real-time using artificial intelligence.
The police in northwestern Gansu province said in a statement on Sunday that a suspect surnamed Hong had been detained for "using artificial intelligence technology to concoct false and untrue information".
"During the Congress regime, the news headlines were of India handing over another dossier to Pakistan about terror activities. Some of our friends in media used to clap after such any such dossier was sent," Modi said at an election rally in Maharashtra's Latur.
'Uttam Kumar transcended the conflict between being a star and an actor... he combined both and became a cultural and social icon for the Bengali race.'
At least six YouTube channels allegedly promoting pro-Khalistan sentiments have been blocked at the instance of the government, a senior official said on Friday.
Digital ghosts have opened a new can of worms for digital experts.
Briefing reporters at his office, Army Day Parade Commander Major General Salil Seth said, "Artificial Intelligence is being used for the first time to identify the best marching contingent. As you know all the marching contingents do drills and do drills correctly."
Adani Defence & Aerospace has entered into definitive agreements for acquiring 50 per cent equity stake in agricultural drone startup General Aeronautics for an undisclosed amount. Bengaluru-based General Aeronautics specialises in developing robotic drones to offer tech-enabled crop protection services, crop health monitoring, precision farming and yield monitoring services using artificial intelligence and data analytics.
Granada and Bilbao complete match suspended after supporter's death
CJI Chandrachud said courts across the country are likely to become paperless soon.
Faisal Patel's tweet did not mention what kind of encouragement he was looking for, however, many believe it could be linked to his possible electoral debut.
Every defaulter is not a wilful defaulter who has the capability of paying back and is yet not servicing the bank loan, observes Tamal Bandyopadhyay.
The government is planning to draft rules for the National Company Law Tribunal (NCLT) to deal with Insolvency and Bankruptcy (IBC) cases, according to official sources. The Ministry of Corporate Affairs (MCA) is also looking to fill all vacant posts at various NCLT Benches by August and put in place an IT-enabled system that would use artificial intelligence (AI) for case management. The NCLT, adjudicating authority for matters related to company affairs, was constituted before the IBC came into effect.
Swarm drones consist of a number of drones controlled from the same station which can pe programmed using an algorithm to carry out various tasks, including surveillance, sources said.
Widening of the tax base, doing away with cess and surcharge, improvement in compliance and moderation in tax for emerging sectors are some of the suggestions submitted to the Finance Ministry ahead of the Budget by Think Change Forum (TCF). Experts are of the opinion that there is a need to grow tax revenues for the government to drive economic growth and make investments in developmental activities, TCF, the think tank said in a statement. Towards this end, poor compliance was identified as a weak link in achieving targeted collections leading to complex issues like overtaxing, complicated tax structures, rising litigation, among others.
They said various Mandarin language courses are being run at the language schools at the Northern, Eastern and Central commands of the Army.
During a sale, many store windows invite the shopper with impossible-to-miss visuals announcing '50% Discount'. Only upon entering does the shopper realises that the one rack which fulfils this promise sells items she'd never purchase.
The reduction in hiring indicates a shift in the business model from hiring thousands of people to write code cheap to using artificial intelligence for repeatable tasks.
Due to globalisation, growing economy, aging population and changing lifestyle, India will face a tsunami of chronic diseases such as cancer.
Suriya Prabha trains students from government schools in rural Tamil Nadu to code and use Artificial Intelligence to solve problems.
The finance ministry (FinMin) has asked Infosys to work on ways to extract and access taxpayers' real-time data faster and accurately as it is crucial for taking decisions on policy changes. While reviewing progress of the income tax portal 2.0, which had faced glitches, the officials also told the Infosys team to increase the scope of pre-filled data in the ITR forms. Senior officials in the ministry held a review meeting last month with the Infosys team and officials of the Central Processing Centre (CPC).
Thousands of unlisted companies registered with RoCs will soon go under watch on lines similar to the oversight by the Securities and Exchange Board of India of listed companies.
The income-tax (I-T) department is working on integrating the new e-filing portal with stock exchanges to help tax authorities track trade transactions, including futures and options. The integrated system will look at discrepancies between the data disclosed by an assessee and match it with data fetched from stock exchanges, using artificial intelligence, said two officials in the know. This will help detect and red-flag such matters, particularly those related to non-filers of income-tax return (ITR).
The applications range from disaster recovery to predicting demand and understanding customer choices using artificial intelligence.
With the banking regulator lifting restrictions on HDFC Bank's digital initiatives, the largest private sector lender is now girding up to launch a clutch of customer-facing applications (apps), which will act as stepping stones in its journey to morph into a technology (tech)-led bank from a conventional one. Following repeated outages in its digital offerings, the Reserve Bank of India (RBI) had barred HDFC Bank from issuing new credit cards in December 2020 and prevented it from going ahead with its digital launches. The embargo on issuing credit cards was lifted in August 2021 and the ban on digital launches was lifted last week.
The dinner Jill Biden and her husband US President Joe Biden hosted for Indian prime minister Narendra Modi, June 22, at the White House brought together, Indians and Americans from so many firmaments.
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