Author: QH team

The Supreme Court on Friday dismissed a PIL concerning the need for a regulatory board to monitor and manage over-the-top (OTT) and streaming platforms in India. A bench of Chief Justice of India DY Chandrachud and Justices JB Pardiwala and Manoj Misra said, “This is the problem of PILs. They are all on policy now and we miss our genuine PILs.” The plea has said that these platforms operate without the same checks and balances that traditional media — like films and TV — are subject to. “Unlike films shown in theatres, OTT content doesn’t go through a certification process…

The Supreme Court on Friday dismissed a PIL concerning the need for a regulatory board to monitor and manage over-the-top (OTT) and streaming platforms in India. A bench of Chief Justice of India DY Chandrachud and Justices JB Pardiwala and Manoj Misra said, “This is the problem of PILs. They are all on policy now and we miss our genuine PILs.” The plea has said that these platforms operate without the same checks and balances that traditional media — like films and TV — are subject to. “Unlike films shown in theatres, OTT content doesn’t go through a certification process…

The Supreme Court on Friday dismissed a PIL concerning the need for a regulatory board to monitor and manage over-the-top (OTT) and streaming platforms in India. A bench of Chief Justice of India DY Chandrachud and Justices JB Pardiwala and Manoj Misra said, “This is the problem of PILs. They are all on policy now and we miss our genuine PILs.” The plea has said that these platforms operate without the same checks and balances that traditional media — like films and TV — are subject to. “Unlike films shown in theatres, OTT content doesn’t go through a certification process…

The Supreme Court on Friday dismissed a PIL concerning the need for a regulatory board to monitor and manage over-the-top (OTT) and streaming platforms in India.A bench of Chief Justice of India DY Chandrachud and Justices JB Pardiwala and Manoj Misra said, “This is the problem of PILs. They are all on policy now and we miss our genuine PILs.”The plea has said that these platforms operate without the same checks and balances that traditional media — like films and TV — are subject to.”Unlike films shown in theatres, OTT content doesn’t go through a certification process before release, which…

The Supreme Court on Friday dismissed a PIL concerning the need for a regulatory board to monitor and manage over-the-top (OTT) and streaming platforms in India.A bench of Chief Justice of India DY Chandrachud and Justices JB Pardiwala and Manoj Misra said, “This is the problem of PILs. They are all on policy now and we miss our genuine PILs.”The plea has said that these platforms operate without the same checks and balances that traditional media — like films and TV — are subject to.”Unlike films shown in theatres, OTT content doesn’t go through a certification process before release, which…

The Reserve Bank of India (RBI) has taken stringent action against four Non-Banking Financial Companies (NBFCs), including NBFC-MFIs, in exercise of its powers under Section 45L(1)(b) of the Reserve Bank of India Act, 1934.The RBI has issued directions to Asirvad Micro Finance Limited, Arohan Financial Services Limited, DMI Finance Private Limited and Navi Finserv Limited, to cease and desist from sanction and disbursal of loans, effective from close of business of October 21, 2024.This move is part of the RBI’s ongoing efforts to ensure the stability and compliance of the financial sector. “This action is based on material supervisory concerns…

The Reserve Bank of India (RBI) has taken stringent action against four Non-Banking Financial Companies (NBFCs), including NBFC-MFIs, in exercise of its powers under Section 45L(1)(b) of the Reserve Bank of India Act, 1934.The RBI has issued directions to Asirvad Micro Finance Limited, Arohan Financial Services Limited, DMI Finance Private Limited and Navi Finserv Limited, to cease and desist from sanction and disbursal of loans, effective from close of business of October 21, 2024.This move is part of the RBI’s ongoing efforts to ensure the stability and compliance of the financial sector. “This action is based on material supervisory concerns…

India’s largest airline IndiGo, operated by InterGlobe Aviation Ltd., has received approval from the country’s markets regulator to launch a venture capital fund as it seeks to boost the South Asian nation’s travel and aviation market. IndiGo Ventures will start investing by the end of the financial year to March 31, the Gurugram-based airline said in a statement Tuesday. The fund will invest in pre-series A, series A, and series B funding rounds in consumer firms in aviation and allied sectors, including travel, lifestyle, hospitality and food and beverages. It has started engaging with “select” startups, according to the statement,…

Karnataka minister Priyank Kharge highlighted the potential of increased employment in the gaming industry and long-term benefits to the economy by providing a regulatory framework to it. Kharge attended the Indian Gaming Convention (IGC) in Taj Palace, New Delhi on Tuesday.He highlighted that the market for the gaming industry in the country is estimated to be around Rs 16,500 crore and has the potential to grow much more.”Our market is estimated to be close to around Rs 16,500 crores and in the next four to five years it has great potential to reach up to Rs 34,000 crores. Directly and indirectly,…

India has launched its textile policy 2024, focus on strengthening the textile sector with a range of financial incentives.The policy highlights two main areas: technical textiles, including clothing and apparel, and various manufacturing processes like weaving and dyeing. The policy provides various financial support mechanisms for businesses, including capital subsidies ranging from 10 per cent to 35 per cent of eligible fixed capital investments, capped at Rs100 crores based on taluka and activity.It offers credit-linked interest subsidies of 5 per cent to 7 per cent for 5 to 8 years, with an annual cap of 2 per cent to 3 per…