Dr. Amar Patnaik, former member of Parliament, Rajya Sabha As artificial intelligence becomes embedded across enterprise processes and public systems, the defining challenge will not simply be how quickly organisations adopt the technology, but whether users can continue to trust the systems and decisions it produces, according to Dr. Amar Patnaik, former member of Parliament,…

Prasanta Mahapatra has taken charge as Executive Director at the Securities and Exchange Board of India (SEBI) in Mumbai. He will handle the Corporation Finance Investigation Department and the Recovery and Refund Department. Mahapatra was earlier Chief General Manager at SEBI and has worked across multiple departments since joining the regulator in April 1999, including…

In an exclusive conversation with ETLegalWorld, Rakesh Mohan Bakshi, Head of Legal at Amazon India and Vice President (Legal) for India, MENA, and Turkey, spoke about Amazon’s three-pillar strategy of enforcement, education, and technology, to tackle counterfeiting and online fraud, as the company unveiled its new consumer awareness handbook, “Mission GraHAQ,” on July 31, 2026….

In two reports released on July 29, 2026, Civil Society think tank CUTS International has urged the government to go slow on bringing cloud services under India’s proposed ex‑ante competition regime, warning that premature regulation via the Digital Competition Bill (DCB) could dampen the country’s digital economy, raise compliance costs and curb startup‑led innovation. “Any…

HDFC Bank’s board has concluded its internal review into the bank’s arrangement with the Maharashtra State Road Development Corporation (MSRDC) for garnering deposits in 2017 and 2021, holding that the actions of employees involved amounted to “business overreach” rather than any mala fide conduct, personal enrichment or improper motive. “Based on the findings and recommendation…

The Delhi High Court on Friday dismissed Asian News International’s interim injunction application against OpenAI, holding that Open AI’s use of ANI’s content for training ChatGPT did not amount to copyright infringement The court said that OpenAI’s act of storing ANI’s original literary works for training large language models underlying ChatGPT falls within Section 52(1)(a)…

The government has presented its account of the Insolvency and Bankruptcy Code’s decade-long performance, but the same data that showcases its achievements also reveals significant volatility in the recovery rates. “The resolution time and recovery data varies from case to case depending upon the quality of the insolvent asset,” said the Ministry of Corporate Affairs…

Wipro Ltd reported a sharp increase in legal and professional expenses during the first quarter of FY27, with the expenditure rising 67.3% year-on-year to ₹316.1 crore, according to the company’s audited consolidated financial results for the quarter ended June 30, 2026. The IT services major had incurred ₹188.9 crore under legal and professional charges in…

India Power Corporation Ltd (IPCL), which is currently undergoing the corporate insolvency resolution process (CIRP), on Thursday said the Serious Fraud Investigation Office (SFIO) has sought information from the company as part of an investigation ordered by the Ministry of Corporate Affairs (MCA) into the affairs of Srei Infrastructure Finance Ltd and other entities. “The…

A US federal court has rejected a motion by a third party seeking to intervene in the Securities and Exchange Commission’s (SEC) civil enforcement action against billionaire Gautam Adani and his nephew Sagar Adani, ruling that the applicant failed to establish any legally protectable interest in the proceedings. In a memorandum and order dated July…