Tag: Controversy

Consumer Affairs Secretary Rohit Kumar Singh: “Menace of misleading ads has to be curbed”

Rohit Kumar Singh says, "We also must realise that this regulation versus innovation debate is something the whole world is struggling with. If you regulate too much, then technology will not develop. If you regulate too less, then it is harmful."

Consumer Affairs Secretary Rohit Kumar Singh said, “We are concerned about misleading advertisements because we think that the rights of the consumers get adversely affected because you’re promising something which is not there.”

BYJU’s gives up all offices across India; retains only headquarters in Bengaluru

The culmination of the rights issue will set the stage for the launch of BYJU’S 3.0, which is the world’s most advanced suite of AI-first products that are aimed at hyper-personalizing education at a global scale. (Image source: Facebook)

As a result of the decision, the company has now mandated that all employees work from home indefinitely, except for those working out of its headquarters and approximately 300 Byju’s Tuition Centres across the country.

Central Consumer Protection Authority issues advisory on prohibition of endorsement of online gambling platforms

Such sites pose significant financial and socio-economic risks for consumers, especially youth and children and the Ministry of Information and Broadcasting (MIB) has previously issued multiple advisories asking television channels, digital news publishers and OTT platforms to refrain from showing advertisements for online gambling sites and surrogate advertisements. (Representative Image: Jack Hamilton via Unsplash)

The advisory has been issued in the context of proliferation of advertisements promoting anti-national illegal online gambling platforms, which are increasingly been endorsed by sportspersons and actors from the Indian film industry.

Patanjali Foods shares fell over 3 percent; despite ‘no threat’ assurance following SC crackdown on Patanjali Ayurved

At the April 10 hearing, the Supreme Court also rejected the second affidavit of apology submitted by Patanjali and the bench warned them to be ready to face action in the contempt case. Justice Kohli said, "Why should we not treat your apology with the same disdain as shown to the court undertaking? We are not convinced..." (Image source: Moneycontrol)

An apex court bench had issued a show-cause notice to Patanjali Ayurved, co-founded by yoga guru Ramdev, and managing director Balakrishna for going back on their promise to not make “misleading claims” in advertisements for its medicines.

Rs 100 crore defamation case filed against Poonam Pandey and former husband Sam Bombay

Earlier this month, the internet was abuzz with reports of Pandey's reported demise from cervical cancer. (Image source: Moneycontrol)

In the FIR, Faizan Ansari, a resident of Mumbai stated that Poonam Pandey and Sam Bombay orchestrated a ‘false conspiracy of death’, trivialised the seriousness of cancer for their personal gains, and manipulated the emotions of people.

RBI’s crackdown on Paytm; tough times ahead for fintech giant

The RBI recently instructed PPBL to cease further deposits, credit transactions, and top-ups on customer accounts after February 29, raising concerns about the bank's future. (Image sourced from CNBC)

Several industry watchers CNBC-TV18 spoke to on the condition of anonymity said the RBI action seemed like a precursor to the bank’s licence being revoked.

Ashneer Grover subtly calls out Ranveer Singh over Lakshadweep post amid ongoing India-Maldives tensions

The incident came amid escalating tensions between India and the Maldives, sparked by derogatory remarks made by certain ministers from the island nation directed at Prime Minister Narendra Modi. (Image source: Moneycontrol)

The actor had earlier shared a social media post extending support for Lakshadweep tourism, but the accompanying picture however was of the Maldives and not Lakshadweep.

ZEE will not be able to meet the deadline to close the merger: SPNI

The NCLAT will be hearing a challenge to the Zee-Sony merger on May 17. (Source: Moneycontrol)

Despite the initial agreement stating that Punit Goenka, MD and CEO of ZEEL, would assume the leadership of the merged entity, Sony Group Corp has been advocating for NP Singh, its India MD and CEO, to take over as the CEO of the newly formed Zee-Sony entity.