Author: Aashrey Baliga

Anand Mahindra offers cricketer Sarfaraz Khan’s father a Thar as a gift

In the video, an individual is seen moving through the mall corridors on a scooter, completely immersed in the virtual reality experience offered by the VR headset. (Image sourced via Forbes India)

In a signature move, Anand Mahindra has gifted Naushad Khan, Sarfaraz Khan’s father, a Mahindra Thar, acknowledging the father’s undying belief in his son.

“Zomato is not a threat to banks, but Paytm is”, finfluencer Akshat Srivastava

Well, the FinTech versus bank debate has been a long-standing one. The RBI recently granted Zomato Payments Private Limited a payment aggregator license. This allows the company to allow e-commerce transactions on its platform.

In his tweet, Srivastava said, “Zomato is not a threat to banks. But Paytm is (or was). That explains why Zomato isn’t trying hard to become a typical FinTech player.”

10 foreign airlines sent summons by DGGI over GST evasion

The investigation is being carried out by DGGI Meerut and Mumbai. Furthermore, these airlines have been under scanner since October 2023. (Representational Image)

As per reports, the airlines that have received summons include Indian offices of British Airways, Lufthansa (German Airlines), Singapore Airlines, Etihad Airways, Thai Airways, Qatar Airways, Saudi Arabia Airlines, Emirates, Oman Airlines and Air Arabia.

U.S Department of Justice to review terms of Walt Disney, Fox and Warner Bros Discovery’s new video streaming platform

The regulator has asked them to credit the money received for investment advisory services and has banned them from the securities market until further orders. (Representative Image: Tingey Injury Law Firm via Unsplash)

The department is concerned that this platform could harm consumers, sports leagues and rival streaming platforms.

What is OpenAI’s new text-to-video AI model – Sora all about?

Think of GPT models that generate text based on words. Sora does something similar, but with images and videos. It breaks down videos into smaller pieces called patches. (Image source: Moneycontrol)

In a blog post, OpenAI stated, “Sora can generate videos up to a minute long while maintaining visual quality and adherence to the user’s prompt.”

Fact or farce: Why are AdEx projections by Dentsu, GroupM and Madison thousands of crores apart?

New age brands or start-up brands are more driven by looking at the clutter breaking ideas that can help them get traction. But, they don’t really look at things from a long term perspective. (Representative image by Nick Fewings via Unsplash)

Top advertisers said that the divergence in projections is due to differences in digital Adex numbers and agencies’ own vantage and advantage.

Meta to stop payments to news organisations that fact-check misinformation on WhatsApp

Over the last eight years, Meta says it has rolled out industry-leading transparency tools for ads about elections or politics, developed comprehensive policies to prevent election interference and voter fraud, and built the largest third party fact-checking programme of any social media platform to help combat the spread of misinformation. (Representative Image: Dima Solomin via Unsplash)

Most of the world is heading into election season this year, including India and the US. As per reports, the cuts in payments could potentially affect news organisations’ ability to verify non-election content.

Paytm Payments Bank left out of list of 32 authorised banks to buy FASTags

It has been stated that several players such as PhonePe, Google Pay, and banks such as HDFC Bank and State Bank of India (SBI) are deploying several thousand salesforce to attract merchants which include kirana stores and retailers. (Image source: Moneycontrol Hindi)

The Indian Highways Management Company (IHMC) has informed highway users to buy their FASTags from a list of 32 authorised banks, not including Paytm Payments Bank.