Posts in category Business Standard
Bombay HC tells social media cos to take action against deepfakes of NSE MD (20-07-2024)
The Bombay High Court has directed social media intermediaries to take prompt action against alleged deepfake videos of NSE's managing director and chief executive officer giving stock recommendations.
A single bench of Justice R I Chagla in the order of July 16 also directed social media platforms like Facebook, WhatsApp, Instagram and Telegram to remove or delete all accounts infringing upon the trademark of NSE (National Stock Exchange of India Limited).
The balance of convenience also lies in favour of the Plaintiff (NSE) and irreparable loss and/or harm will be caused to the Plaintiff, unless the ad-interim (temporary) relief sought for is granted, the HC said.
The bench directed the social media platforms to remove or delete the content within ten hours upon receiving a complaint against such morphed videos and profiles where the plaintiff's trademark is infringed.
The court said social media firms are mandated by the Information Technology Rules to take prompt action on the
Mahindra & Mahindra brands its new SUV ‘The Thar ROXX’ (20-07-2024)
Mahindra & Mahindra announced the brand name of its newest SUV; called the Mahindra 'Thar ROXX'.
Board of HDFC Bank gives nod for listing of HDB Financial Services (20-07-2024)
At meeting held on 20 July 2024
JSW Energy PAT soars 80% YoY to Rs 522 crore in Q1 FY25 (20-07-2024)
The power generation company's consolidated net profit jumped 79.99% to Rs 521.76 crore in Q1 FY25 as compared with Rs 289.88 crore recorded in Q1 FY24.
Shakti Pumps (India) consolidated net profit rises 9166.00% in the June 2024 quarter (20-07-2024)
Sales rise 402.00% to Rs 567.56 crore
Jasch Gauging Technologies reports standalone net profit of Rs 3.33 crore in the June 2024 quarter (20-07-2024)
Sales reported at Rs 12.65 crore
Moongipa Capital Finance standalone net profit rises 110.42% in the June 2024 quarter (20-07-2024)
Sales rise 250.59% to Rs 2.98 crore
Raghav Productivity Enhancers consolidated net profit rises 44.43% in the June 2024 quarter (20-07-2024)
Sales rise 49.07% to Rs 44.84 crore
Yes Bank Q1 PAT climbs 47% YoY to Rs 502 crore (20-07-2024)
Yes Bank standalone net profit jumped 46.69% to Rs 502.43 crore on 17.59% rise in total income to Rs 8,918.14 crore in Q1 FY25 over Q1 FY24.
Patanjali Foods Q1 PAT soars 3-fold to Rs 263 cr (20-07-2024)
The FMCG company reported a standalone net profit of Rs 262.90 crore in Q1 FY25, steeply higher than Rs 87.75 crore posted in Q1 FY24.