IAMAI
Insider job? Pirated versions of Hindi films surface days before box office release
Several high-profile Hindi films, including Sikandar and Raid 2, have been leaked online before their official release, severely impacting their box office performance. This emerging trend of pre-release piracy, suspected to involve insiders, undermines theatrical potential and digital deals.
From Raid 2 to Jaat: Pirates strike films just before the premiere
Hindi films like Sikandar and Raid 2 are increasingly leaked online before release, severely impacting box office performance. Insiders are suspected, with post-production, content delivery, and exhibition companies identified as potential sources. Piracy, fueled by illegal streaming, mobile apps, and social media, caused significant losses to the film industry in 2023, necessitating multi-layered anti-piracy strategies.
Billdesk cofounder MN Srinivasu appointed IAMAI chairman for two years
Srinivasu replaces Harsh Jain, cofounder and chief executive of Dream Sports, who assumed the post in May 2023. Before Jain, Sanjay Gupta, vice president and country manager of Google, had held the office.
Fancy degrees, qualifications don't matter. Shark Tank's Anupam Mittal says you need just 2 skills to be a successful entrepreneur
Anupam Mittal, a Shark Tank India investor, emphasizes that the core skills for entrepreneurial success, and life in general, are selling and building. Selling involves persuasively conveying a vision, while building means obsessively solving problems and persevering through challenges. Mittal suggests focusing on these abilities early, regardless of one's current path, to unlock opportunities and achieve goals.
Parliamentary panel seeks info on digital markets competition from CCI, MCA
A Parliamentary panel is reviewing digital competition. It has requested details from the Competition Commission of India and the Ministry of Corporate Affairs. The request includes information on the Digital Competition Bill. The panel is interested in the bill's impact and the CCI's resources. They are also examining the India-US trade talks' influence on the bill.
Shark Tank's Anupam Mittal breaks tradition: His daughter’s name carries no man’s legacy but her own... What does it mean?
Anupam Mittal, the founder of People Group, challenged traditional Indian naming conventions by giving his daughter, Alyssa Anantara, a middle name symbolizing freedom and wisdom. He aimed to establish her individual identity, independent of familial or marital ties.
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End trip for BluSmart?; Indian AI talent in demand
Happy Friday! Gensol Engineering’s financial struggles are severely impacting ride-hailing company BluSmart. This and more in today’s ETtech Morning Dispatch.
Fintech founders join hands to form new industry body, aim to become fintech SRO
Founders of fintech startups such as Jupiter, Fi, and Lendingkart have formed a new umbrella organisation aiming to secure a fintech-SRO licence from the Reserve Bank of India. The initiative, an offshoot of the Fintech Convergence Council, seeks to represent diverse voices in the fintech industry and ensure regulatory coordination.
PCI’s MDR plea; India’s AI startups, accelerated
Happy Tuesday! The Payments Council of India has urged the PMO to reinstate the merchant discount rate (MDR) on UPI and RuPay debit card payments. This and more in today’s ETtech Morning Dispatch.
Centre sets April date for DPDP rules as MeitY studies feedback
The Centre plans to finalise the Digital Personal Data Protection (DPDP) Act rules by April. Industry bodies have raised concerns over data localisation and verifiable parental consent, urging a balanced approach to safeguard privacy while supporting innovation.
Chairperson, half of governing council must be from Indian firms: IAMAI
According to a note circulated to members, the chairperson of the association will be the founder, cofounder, chairman, CEO, MD or executive director of an Indian company.
Exclusive: Internet companies mail dissent note against IAMAI’s stand on digital competition bill
Internet and Mobile Association of India (IAMAI) had submitted its views to the CDCL opposing the prescription of ex-ante regulations for digital companies, saying that ex-ante measures “may limit growth not only of the market in question but the digital economy altogether”.
Anti-tobacco rules difficult to implement on OTTs, says IAMAI
The IAMAI has said in its submission to the health ministry that the move of issuing new norms did not involve any consultative process with the industry prior to notification.
Indian firms oust Big Tech companies from IAMAI in poll coup
Dream11 cofounder and chief executive Harsh Jain has been elected the chairperson of the IAMAI, Makemytrip cofounder and group CEO Rajesh Magow is the vice-chairperson, and Times Internet’s Satyan Gajwani has been elected as the treasurer.
IAMAI members flag concerns surrounding ex-ante regulations
IAMAI said that the size or scale-based applicability of regulations under an ex-ante digital competition policy will impact larger players in the market in their growth trajectory, and limit the growth of startups.
IAMAI submits final recommendations to CDCL amid accusations of bias towards Big Tech
In the final submission, the IAMAI has argued against the prescription of ex-ante regulations, saying that ex ante measures "may limit growth not only of the market in question but the digital economy altogether". ET has reviewed a copy of the submission.
Most members against separate digital competition rules: internet body IAMAI
On Tuesday, ET reported that Indian internet entrepreneurs are up in arms against what they term as a lack of “credence” in IAMAI, the nodal industry grouping, and are demanding a change in the leadership of the apex body.
Internet body IAMAI must reflect Indian voices or be given no credence: MapmyIndia’s Rohan Verma
IAMAI is an association representing certain tech companies. Its members include multinational giants Google, Meta and Microsoft, as well as Indian tech firms such as Paytm, Ola, PhonePe, Unacademy and Byju’s.
Startups oppose IAMAI's draft comments on house panel views about digital competition law
IAMAI’s members include companies such as Google, Meta and Microsoft, in addition to Indian tech firms such as Paytm, Ola, PhonePe, Unacademy and Byju’s.
Bringing OTT players under license regime to present existential threat to startup ecosystem: IAMAI
Internet and Mobile Association of India (IAMAI) said that by regulating carriage and content separately, India has enabled the growth of both OTT service providers as well as traditional telecommunication service providers, which is reflected in the digital economy generating over USD 200 billion of economic value each year.
IAMAI dismantles Blockchain and Crypto Assets Council; industry likely to create its own body
Decision comes after heightened tensions between crypto exchanges and RBI on the legal status of crypto in India
Crypto players plan new industry body as IAMAI dismantles lobby group
The differences between the two camps (IAMAI and BACC) had been simmering for many months, with crypto players feeling that IAMAI wasn’t doing enough to push their cause, while the industry body felt that the crypto players needed to do more in terms of compliance with government regulations.
IAMAI dissolves BACC; industry says will continue to bat for regulations
IAMAI claimed that the association has limited resources and it would like to utilise them for other emerging digital sectors, which make a more immediate and direct contribution to digital India.It said that it is looking for immediate opportunities for financial inclusion and promoting Central Bank Digital Currency (CBDC).
IAMAI dissolves Blockchain and Crypto Assets Council, to no longer represent crypto exchanges
Industry body Internet and Mobile Association of India (IAMAI) said today that it has dissolved the Blockchain and Crypto Assets Council (BACC).
IAMAI wants a say in framing of OTT streaming guidelines in India
Internet and Mobile Association of India (IAMAI) has expressed disappointment over the government’s approach towards framing content guidelines for the over-the-top sector without consulting it.
Social media intermediaries working with ECI to ensure fair & transparent election: IAMAI
IAMAI has said that it will continue to provide support to the ECI to improve the integrity and transparency of the electoral process.
IAMAI, Nasscom upset over govt’s draft data protection bill
The Internet and Mobile Association of India (IAMAI), an industry body which represents both domestic and global internet companies, and Nasscom, which represents the IT sector, have criticised the government’s draft data protection bill, citing significant impact on startups.
IAMAI against platforms like Free Basics, differential data
IAMAI said as per Trai's paper there are three different models identified that have differential pricing for data or Internet services.
IAMAI team to meet Chinese e-commerce, Internet companies
The 5-day trip with 23 delegates will witness meetings with Chinese firms including HDT Mobile, Google China, DoMob, Wandoujia & UCWeb, IAMAI said
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