Before Facebook asked the Supreme Court to review the case, the 9th Circuit Court of Appeals last year ruled the lawsuit could go forward, with Judge Sandra Ikuta saying, “We conclude that the development of a face template using facial-recognition technology without consent (as alleged here) invades an individual’s private affairs and concrete interests.” … [Read more...] about Facebook could be on the hook for billions after Supreme Court refuses to hear facial recognition case
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The deadline for payment of Rs 1.02 lakh crore of statutory dues is January 23. While the SC order did not defer the deadline, industry body, the Cellular Operators Association of India (COAI) said they did not expect DoT to press for payments until the court hearing. … [Read more...] about AGR Dues | DoT open to discussions only after partial payment by deadline: Reports
In his defence, Bhansali said there has been a lot of debate on the use of coconut oil, and its implications on health. According to the report, Bhansali said he had read various blogs and international articles on the subject, and that his video was based on those documents and the tests conducted by him in the video. … [Read more...] about Bombay HC asks YouTuber to pull down coconut oil video, says ‘with power comes responsibility’
The case was referred by the RBI in November last year to the NCLT court. Two months later, there isn’t any notable progress yet. Banks, who have reportedly agreed to dilute bidding terms to get a buyer, are not lucky yet. Creditors also agreed to let the NBFC resume lending operations but since depositors have moved the Supreme Court against this decision, this plan too has hit a roadblock. … [Read more...] about DHFL mess deepens: Has India’s banking regulator learnt its lessons from shadow banking episodes yet?
Kotak Institutional Equities, in a report, said the development is a net positive for Bharti Airtel. "Upside from further consolidation will more than makeup for the AGR payout impact for Bharti. Our valuation for Bharti had already assumed 100 percent upfront payment of AGR liabilities," Kotak said. … [Read more...] about Bharti Airtel share price hits 52-week high, on course to extend gains into third session in a row