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  • Ashwini Vaishnaw aims for the making of Indian content and use AI in an ethical way

    Ashwini Vaishnaw aims for the making of Indian content and use AI in an ethical way

    Information and Broadcasting Minister Ashwini Vaishnaw on Friday addressed key issues shaping India’s media landscape, including the need for clear regulations on the ethical use of artificial intelligence and measures to promote locally produced content through incentives.

    Chairing the Global Media Dialogue at the World Audio, Visual and Entertainment Summit (WAVES) in Mumbai, he stressed the importance of local content production, and collaboration between the government, industry and creators for greater focus on local stories.

    “As a government, we must provide a fair chance for everyone to showcase their story to the world. We must incentivise local content promotion and enforce IP framework among other things,” Vaishnaw said.

    The session was co-chaired by External Affairs Minister S Jaishankar, Minister of State for I&B L Murugan.

    The minister also underlined the need for policies that preserve and promote all cultural forms as they connect people across borders. “Focus is shifting towards local stories. We aim to build people-to-people and country-to-country exchanges. Tie-ups with government, industry and creators have, therefore, become indispensable,” Vaishnaw said. He further called for practical measures such as co-production treaties to ease licensing and talent movement, the creation of joint funds for emerging technologies, and the establishment of shared standards, and clear rules for ethical AI.

    WAVES summit
    The WAVES summit is taking place from May 1-4. The summit aims to boost India’s media and entertainment industry by fostering international collaborations, investments, and content co-creation opportunities. On Monday, Prime Minister Narendra Modi inaugurated the summit at the Jio World Convention Centre, stating that the event showcases a “true wave of culture, creativity, and universal connection”.

    “In the coming years, the creative economy can increase its contribution to India’s GDP…Today, India is emerging as a global hub for film production, digital content, gaming, fashion, music and live concerts…This is the dawn of the Orange Economy in India,” PM Modi said. Business Standard

  • Intel India & MeitY sign an MOU to boost AI innovation & skilling

    Intel India & MeitY sign an MOU to boost AI innovation & skilling

    Intel India and IndiaAI a government initiative of the Ministry of Electronics and Information Technology (MeitY) have inked a Memorandum of Understanding (MoU) to mutually improve artificial intelligence (AI) capability and skilling in India. This agreement is meant to assist the IndiaAI Mission through promoting AI learning, supporting startups, and augmenting AI-enabled governance initiatives.

    The MoU creates a framework for Intel India and the IndiaAI Mission to work together on structured programs that provide students, early-stage entrepreneurs, and government officials with critical AI skills and tools. The program aims to target different segments of the ecosystem, such as school and college students, startup founders, and public administrators.

    The collaboration will drive four major initiatives. The YuvaAI initiative, based on Intel’s ‘AI for Youth’ scheme, will expose school students to artificial intelligence concepts and applications with a social impact focus. For students in higher education, the AI for Future Workforce initiative will offer AI training to improve employability.

    The collaboration, through the StartupAI program, will provide startups with access to technical assets, business strategy guidance, and go-to-market mentorship through Intel’s Startup Program, as well as individual and group workshops.

    Furthermore, the project includes IndiaAI Dialogues that aims to prepare public sector leaders for the use of AI with workshops and interactive programs developed under Intel’s ‘Digital Readiness for Leaders’ framework. The sessions will promote well-informed policymaking as well as prudent use of AI in government.

    A fourth area of focus is the Bhashini initiative, where IndiaAI and Intel aim to scale AI-powered educational solutions through Bhashini for distance classrooms. The goal is to improve student learning by overcoming language barriers, which will include optimizing performance, deploying multilingual AI tools into school systems, and encouraging case studies for broader adoption.

    Santhosh Viswanathan, Intel India Vice President and Managing Director, and Abhishek Singh, CEO, IndiaAI Mission, emphasized the partnership objectives of skill development and accessibility of technology. Singh added that already under the YuvaAI program, data labs have been established and AI training conducted among students.

    This MoU supports India’s larger national vision of becoming a world AI hub. The IndiaAI Mission, initiated by MeitY, is committed to fostering AI adoption, research support, and the use of AI responsibly and inclusively in governance and public services. The partnership with Intel seeks to tap into the company’s technical capabilities and existing initiatives to synchronize with national AI priorities. Silicon India

  • Airtel and Tata halt plans to integrate DTH

    Airtel and Tata halt plans to integrate DTH

    Bharti Airtel and Tata Group have terminated discussions for a merger of their direct-to-home (DTH) business, according to a Bombay Stock Exchange (BSE) filing on Saturday, May 3.

    In the BSE filing, Airtel said this was because the two sides were not able to find a satisfactory resolution.

    “This is about our intimation dated February 26, 2025, wherein the company informed that it is in bilateral discussions with TATA Group to explore a potential combination of TATA Group’s Direct To Home (‘DTH’) business housed under Tata Play Limited with Bharti Telemedia Limited, a subsidiary of the company,” it said.

    “In this regard, we wish to inform you that after not being able to find a satisfactory resolution, the parties have mutually decided to terminate the discussions,” Airtel added.

    On February 26, Sunil Mittal-led telecom services provider Bharti Airtel said it was in talks with Tata Group for a merger of its loss-making direct-to-home (DTH) business.

    Airtel was holding discussions with the salt-to-software conglomerate for a merger of Bharti Telemedia, which offers cable and satellite television services, with Tata Play, the regulatory filing earlier this year said.

    “We wish to submit that Bharti Airtel and Tata Group are in bilateral discussions to explore a potential transaction to achieve a combination of Tata Group’s DTH business housed under Tata Play Ltd, with Bharti Telemedia, a subsidiary of Airtel, in a structure acceptable to all parties,” it had then stated.

    The specific details were not shared at that point. If completed, this would have been the second merger in the DTH sector after the Dish TV-Videocon d2h merger in 2016. CNBCTV18

  • RIL’s ₹30 lakh fine for breaching insider trading is upheld by SAT

    RIL’s ₹30 lakh fine for breaching insider trading is upheld by SAT

    The Securities Appellate Tribunal (SAT) dismissed Reliance Industries’ (RIL) appeal against a Securities and Exchange Board of India (SEBI) order imposing a ₹30 lakh penalty for violating Prohibition of Insider Trading (PIT) Regulations.

    In its June 2022 adjudicating order, Sebi found RIL in breach of PIT Regulations for failing to disclose details of a potential investment deal with Facebook in Jio Platforms promptly.

    “We find the appellants in violation of Principle 4, Schedule A of the PIT Regulations and uphold the SEBI order,” said the SAT bench, presided over by Justice PS Dinesh Kumar.

    The case relates to a confidentiality and non-disclosure agreement signed between RIL and Facebook in September 2019, followed by a non-binding term sheet on March 4, 2020, for Facebook’s investment in Jio Platforms.

    Legal experts said that while the monetary penalty in this case was just ₹30 lakh, the SAT judgement could set a precedent for companies on handling news leaks and disclosures.

    On March 24, 2020, the Financial Times reported that Facebook was nearing a deal to acquire a 10 per cent stake in Jio. Domestic media also followed up the news report, triggering a 15 per cent surge in RIL’s share price.

    RIL formally disclosed the Jio-Facebook deal to stock exchanges only on April 22, 2020, after executing a definitive transaction document, prompting another 10 per cent jump in its stock price.

    RIL argued it was not obligated to confirm or deny market rumours or disclose the deal under Principle 4, as the regulation applies only to “selective leaks.”

    Sebi countered that confidentiality agreements do not override PIT Regulations and that undisclosed price-sensitive information (UPSI) must be disseminated promptly if leaked.

    The SAT ruled that RIL was duty-bound to disclose the information once it appeared in credible media reports.

    “It was RIL’s responsibility to make prompt disclosure to ensure information was generally available, especially when selectively reported by international media to a limited audience,” the order stated.

    The tribunal emphasised that in cases of uncertainty, companies must disclose information to protect shareholders. It also noted the credibility of the Financial Times report, given the involvement of two global conglomerates and the need for high-level approvals in a cross-border deal.

    “RIL’s argument that only a binding agreement triggers disclosure lacks merit and undermines the spirit of PIT Regulations,” the order added. Business Standard

  • In a federal court to annul the medical debt regulation, the US CFPB

    In a federal court to annul the medical debt regulation, the US CFPB

    The US Consumer Financial Protection Bureau has joined with industry groups in asking a federal court to scrap a Biden-era regulation barring consumer credit reports from including medical debt, according to court papers.

    In a motion submitted on Wednesday in a Texas federal court, the CFPB joined two industry groups representing banks, credit unions and credit bureaus in asking a judge to strike down the rule, saying the CFPB had exceeded its legal authority and violated laws governing the crafting of regulations.

    The rule is currently due to go into effect in June after the court issued a stay in February.

    If approved by a judge, the move would undo a major policy plank championed by former Vice President Kamala Harris. Officials in the prior administration said it would remove up to $49 billion in medical debts from the credit reports of 15 million Americans.

    In the United States, patients seeking medical treatment sometimes borrow to cover the cost because they either lack insurance or their plans require them to pay part of the cost.

    Representatives for the CFPB and the Cornerstone Credit Union League, which had sued to block the rule, did not respond to requests for comment.

    Dan Smith, president of the Consumer Data Industry Association, also a party to the lawsuit, welcomed the move, saying it would help protect a “full, fair and accurate” credit reporting system.
    Among other far-reaching changes, Trump has worked to reverse much of the Biden administration’s marquee consumer safeguards.

    Prior CFPB leadership said research showed medical debts, which patients do not incur out of choice, were poor indicators of borrowers’ ability to repay but could hinder consumers from accessing loans for cars, homes and small businesses.

    However, the industry groups said the evidence did not support the CFPB’s decision, and the ban could leave them blind to important information about borrowers. Reuters

  • Medical drones has a market worth USD 1.59B

    Medical drones has a market worth USD 1.59B

    The Global Medical Drone Market size is expected to be worth around USD 1591.9 Million by 2033 from USD 387.4 Million in 2023, growing at a CAGR of 15.3% during the forecast period from 2024 to 2033.

    Medical drones are transforming the delivery of healthcare services by providing rapid, efficient transport of medical supplies, especially in remote or disaster-hit regions. These unmanned aerial vehicles (UAVs) are primarily used to deliver blood, vaccines, diagnostic samples, medicines, and emergency equipment. Their ability to bypass ground-level traffic and geographical barriers significantly reduces delivery time, which is critical during life-threatening emergencies.

    Equipped with GPS navigation, real-time tracking, and temperature-controlled storage, medical drones ensure safe and timely delivery of sensitive medical materials. Rotary-wing drones are commonly used due to their vertical take-off and landing capability, allowing precise deliveries in confined spaces. In contrast, fixed-wing drones offer longer range and are ideal for inter-city or cross-border missions.

    Healthcare systems in countries like Rwanda, the United States, and India have already deployed drones in routine healthcare logistics and emergency relief. The World Health Organization (WHO) and UNICEF have endorsed the use of drone technology in improving healthcare access and supply chain resilience. With increasing investments and regulatory support, medical drones are poised to become a crucial element in modern healthcare logistics. Their adoption is expected to grow, driven by the need for faster, safer, and more reliable medical deliveries in underserved and high-risk regions.

    Key Takeaways

    • Market Overview: The global Medical Drone Market was valued at USD 387.4 million in 2023 and is projected to reach approximately USD 1,591.9 million by 2033. This growth is expected to occur at a robust compound annual growth rate (CAGR) of 15.3% during the forecast period from 2024 to 2033.
    • Type Segment Analysis: Rotary-wing drones held the dominant position in the type segment in 2023, capturing 67.24% of the global market share. Their ability to take off vertically, hover in place, and operate in confined spaces makes them ideal for healthcare delivery, especially in emergency and remote scenarios.
    • Technology Segment Analysis: Remotely operated medical drones accounted for 43.12% of the market in 2023. These drones are favored for their ability to be controlled in real time, offering greater reliability and adaptability in mission-critical applications such as medicine and vaccine transport.
    • Payload Capacity Analysis: Drones with a payload capacity of less than 2 kilograms led the market in 2023, with a 45.43% share. These lightweight drones are well-suited for rapid, short-distance deliveries of blood, medications, and diagnostic samples.
    • Application Segment Analysis: Blood delivery emerged as the leading application in 2023, accounting for 40.72% of the global market share. The growing need for urgent blood supply in trauma care and disaster zones has driven demand for fast and reliable drone delivery systems.
    • Regional Analysis: North America dominated the medical drone market in 2023, with a 31.25% share. The region’s leadership is attributed to well-developed healthcare infrastructure, supportive regulatory frameworks, and early adoption of advanced medical delivery technologies.

    Segmentation Analysis

    • Type Analysis: In 2023, rotary-wing drones led the market with a 67.24% share due to their vertical takeoff, landing ability, and excellent hovering capability. These features make them highly effective for delivering medical supplies in tight urban spaces or isolated rural areas. Fixed-wing drones, while faster and capable of longer ranges, require runways. Hybrid drones, combining both functionalities, are gaining interest for their versatility, and are expected to see increased adoption as technological innovations improve their efficiency and cost-effectiveness.
    • Technology Analysis: Remotely operated drones held 43.12% of the market in 2023, making them the most widely used technology in medical drone operations. Their real-time control allows precision and responsiveness, especially valuable in emergency medical deliveries. Semi-autonomous drones, which combine automation with operator oversight, are becoming popular for routine tasks. Fully autonomous drones, though currently with a smaller share, represent the future of scalable drone logistics. Their use is projected to grow significantly as AI and automation technologies advance.
    • Payload Capacity Analysis: Drones with a payload capacity below 2 kg led the market in 2023, capturing 45.43% of the share. These lightweight models are ideal for transporting vaccines, medicines, and small diagnostic kits over short distances. The 2–5 kg capacity segment is gaining attention for its ability to carry a broader range of supplies. Drones handling over 5 kg are used in specialized cases like disaster response. Despite smaller adoption, this heavy-lift category is projected to expand with ongoing technological progress.
    • Application Analysis: Blood delivery emerged as the dominant application in 2023, accounting for 40.72% of the market. Drones provide fast, lifesaving transport of blood to hospitals, especially in emergencies and infrastructure-poor regions. Medication delivery also plays a vital role, ensuring timely access to essential drugs in rural or disaster-affected areas. The diagnostics segment is expanding, with drones increasingly used to send lab samples quickly. This accelerates diagnosis and treatment, supporting improved patient outcomes and greater operational efficiency in healthcare.

    Media.Market

  • Retaining some fired staff by the FDA

    Retaining some fired staff by the FDA

    For the second time in recent months, the Food and Drug Administration is bringing back some recently fired employees, including staffers who handle travel bookings for safety inspectors.

    More than 20 of the agency’s roughly 60 travel staff will be reinstated, according to two FDA staffers notified of the plan this week, who spoke on condition of anonymity to discuss confidential agency matters.

    Food scientists who test samples for bacteria and study potentially harmful chemicals also have been told they will get their jobs back, but have yet to receive any official confirmation.

    The same uncertainty hangs over employees who process agency records for release to lawyers, companies and journalists under the Freedom of Information Act. About 100 of those staffers were recently eliminated, according to an agency official with direct knowledge of the situation.

    But in recent days the FDA has missed multiple court-ordered deadlines to produce documents, which could result in hefty fines. That’s prompted plans to bring back a significant number of those staffers.

    The apparent reversals are the latest examples of the haphazard approach to agency cuts that have shrunk FDA’s workforce by an estimated 20%, or about 3,500 jobs, in addition to an unspecified number of retirements, voluntary buyouts and resignations.

    In February, the FDA laid off about 700 provisional employees, including food and medical device reviewers, only to rehire many of them within days after pushback from industry, Congress and other parties.

    The Department of Health and Human Services hasn’t detailed exactly which positions or programs were cut in the mass layoffs.

    FDA Commissioner Marty Makary has repeatedly said that no FDA scientists were fired as part of the reductions. But at least two dozen food scientists who worked in a San Francisco testing laboratory and a Chicago research center were let go in March.

    An HHS spokesperson suggested the apparent mix-up was due to “the fractured, outdated HR infrastructure we inherited from the Biden administration and are now actively overhauling.” The spokesperson did not respond to specific questions about which employees are being reinstated but said the administration will “streamline operations and fix the broken systems left to us.”

    About 15 scientists working in FDA’s Division of Food Processing Science and Technology in Chicago were told last week they be will reinstated, according to a staffer who spoke on condition of anonymity to discuss confidential agency matters. But a week later there has been no written confirmation and the scientists have not returned to the office. The group’s research includes studying ways to prevent harmful bacteria from growing on produce and preventing the spread of microplastics and other particles from food packaging.

    “I hope Commissioner Makary continues to assess these ill-informed cuts and works to bring back impacted employees expeditiously,” said Susan Mayne of Yale University, the FDA’s former food director. “His legacy as commissioner is on the line.”

    With more than 15,000 employees remaining across various U.S. and foreign offices, the FDA’s core responsibilities are reviewing new drugs, medical products and food ingredients as well as inspecting thousands of factories.

    Makary has said no inspectors or medical reviewers were fired as part of the recent reductions. But current and former FDA officials note that those frontline employees are often supported by teams of administrative staff.

    FDA inspectors, for example, have long relied on travel bookers to coordinate trips to India and other countries that often involve visa permissions, security measures, ground transportation, tech support, translation services and other logistics. Inspectors can spend up to half the year traveling, a grueling workload that makes recruiting and retaining staff a challenge.

    For a brief period last month, inspectors were told they would be booking their own travel. The FDA set up a hotline to assist with making the arrangements. Then, agency leaders developed a plan to hire an outside contractor to perform the work.

    On Monday, staffers were informed that about a third of the fired staff who performed the work would be returning. WFMJ.com

  • OT & ICU are open at Lok Bandhu Hospital in Lucknow after a major fire

    OT & ICU are open at Lok Bandhu Hospital in Lucknow after a major fire

    Lok Bandhu Hospital here will be resuming major surgeries at a temporary facility set up on the first floor of the building from Monday, hospital officials confirmed, adding a four-bed intensive care unit (ICU) was likely to be set up on the same floor shortly after.

    The hospital’s operation theatre (OT), along with ICU and female medicine wards, bore extensive damage after a major fire ripped through the second floor on April 14. All patients were evacuated safely from the premises.

    Chief medical superintendent Dr Rajeev Dixit said: “The OT was originally on the first floor, but had to be shifted to the second as the amenities did not meet certain hospital standards. We’ll have to go back to the earlier space until the renovations are complete.” He added 10-15 daily surgeries would still be carried out at the hospital as the temporary OT would be equipped with two surgery tables.

    “First, pending cases will be looked after. Then, new cases will be taken. Until then, the new cases will be referred to other government hospitals,” he noted.

    As for the makeshift ICU ward, oxygen ports and ventilator facilities must be added to the room, only after which critical care patients could be accommodated there, Dr Dixit added. The actual ICU ward had 10-15 beds.

    Meanwhile, the renovations were still in the estimation and approval phase, even as the reports of the two probe teams on the mishap were still awaited. The teams, which had blamed the incident on human error, were said to be still finalising other aspects of the report before submission to authorities. Hindustan Times

  • The women’s championship will be broadcast by Sky Sports for the first time

    The women’s championship will be broadcast by Sky Sports for the first time

    The game between London City Lionesses and Birmingham City Ladies will take place on Sunday, May 4 where the winning team will be promoted to the Women’s Super League.

    It will be the first time Sky Sports has ever broadcast a second-tier women’s game live on its channels. Coverage of this game will follow the WSL Manchester derby, as part of a women’s football double-header on Sky Sports. Those without a subscription can still watch on the Women’s Championship YouTube channel.

    London City Lionesses currently lead the Championship on 42 points, with Birmingham City just two points off in second place. With a place in English women’s top flight at stake, London City Lionesses will hope to become the first ever independent women’s club to compete in the WSL. While the Blues are seeking a return to the first-tier for the first time since 2022.

    This is a huge moment for English women’s football. The game has experienced quite the boom in recent seasons, and boosting the coverage of games with the country’s biggest sports broadcaster will only keep the appetite for women’s football growing. Versus

  • No effect of the Airtel-Jio Starlink deals is felt by Indus Towers

    No effect of the Airtel-Jio Starlink deals is felt by Indus Towers

    Over a month after Bharti Airtel and Jio signed agreements with SpaceX to distribute Starlink satellite internet services in India, Indus Towers said it does not anticipate any impact on its operations from such developments.

    “Based on our discussions with telecom operators, there are limitations and commercial constraints as far as satellite technology is concerned,” Prachur Sah, managing director and CEO of Indus Towers, said during a call with analysts on Thursday to discuss the January-March quarter earnings.

    “So, we don’t see any risk for the terrestrial networks in the foreseeable future and I don’t expect that to impact us any time soon,” he added.

    Comments from Sah assume significance as there were concerns that its tower infrastructure business could get affected once satellite internet services tap the Indian markets. This is because satellite internet beams connectivity directly from satellites to user terminals, thereby reducing the dependence on tower infrastructure for connectivity especially in rural markets in the long run, according to analysts. Further, the company’s stock also witnessed selling pressure and fell 8% on 12 March after telecom operators announced partnerships with SpaceX.

    Analysts, however, do not expect Starlink to be disruptive to Indian telecom companies at least in the near-to-medium term. “Starlink is unlikely to be disruptive for three reasons. Its capacity constraints will necessitate premium pricing, it needs telco tie-ups for distribution/installation and backhaul, and the government also seems to be inclined to balance the interests of telcos and satellite operators,” said brokerage Jefferies in a note dated 27 March.

    Vodafone clears dues
    Indus Towers is a subsidiary of Bharti Airtel, which owns 50% in the company. Besides Airtel, the tower company also counts Vodafone Idea as one of its major customers. In March, Vodafone Idea had cleared all undisputed overdue amounts to Indus Towers, thereby helping the towers company increase its operating free cash flow by 73% year-on-year (Y-o-Y) to ₹1,257 crore in the January-March quarter.

    “Our continued engagement with a major customer (Vodafone Idea) ensured recovery of its overdues this year,” Sah said. In FY25, Vodafone Idea cleared about ₹5,100 crore dues it owed to Indus Towers.

    “Given that now we have the backlog issue behind us…the strategy includes aggressively pursuing market share through both organic and inorganic routes as demonstrated by our acquisition of Bharti Airtel’s towers. With the scale of Indus, we are working on transforming our site infrastructure and leveraging digital solutions and AI to create new benchmarks of performance,” Sah said, adding that this would encourage customers to move tenancies to Indus.

    During the quarter, analysts had expected Indus Towers to announce dividends for its shareholders. However, the company said it has formed a committee to assess the modalities of cash distribution to the shareholders, and it will soon make disclosures to the exchanges on the same. Last year, the company conducted a ₹2,640 crore share buyback—its first since 2016.

    On its announcement to foray into the electric vehicle (EV) charging infrastructure space in the preceding quarter, Sah said the company is conducting the commercial pilot and based on that it will take a call whether to expand or hold back the same.

    Acquires more towers
    In the January-March quarter, Indus Towers revenue from operations grew 7.4% y-o-y to ₹7,727 crore on the back of growth in network rollout by telecom operators amid higher data consumption trends. The company’s net profit fell 4% to ₹1,779 crore owing to the impact of operating expenses and depreciation. During the quarter, the company acquired 12,774 towers worth ₹2,174 crore from Bharti Airtel.

    As on 31 March 2025, Indus Towers had 249,305 towers, adding 14,662 from a quarter ago and 29,569 from the year ago period. Its co-locations were at 405,435, up 18,616 from the previous quarter and 36,847 from the year ago.

    Co-locations mean the number of telecom operators (or tenants) that have installed their equipment on a single tower. An increase in co-locations leads to higher recurring revenue for tower companies like Indus Towers.

    On Thursday, shares of Indus Towers ended up 1.3% at ₹408.05 on the BSE.

    Key takeaways
    The company, a major telecom infrastructure provider, stated it does not foresee any risk from satellite internet services affecting terrestrial networks in the near future.

    Vodafone Idea repaid ₹5,100 crore in dues to Indus Towers, improving the company’s financial standing and boosting operating free cash flow.

    Indus Towers is testing an electric vehicle charging infrastructure venture and will decide whether to expand or halt the project based on results.

    The company reported a 7.4% year-on-year increase in revenue due to telecom network expansion, but net profit fell by 4% due to operating expenses and depreciation.

    Indus Towers acquired 12,774 towers from Bharti Airtel and now owns 249,305 towers, increasing its co-location count, which enhances revenue potential. LiveMint