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Bombay HC tells social media cos to take action against deepfakes of NSE MD

Business Standard LogoBusiness Standard5h ago

Bombay HC tells social media cos to take action against deepfakes of NSE MD - Business Standard

Quick Summary:

A single bench of Justice R I Chagla in the order of July 16 also directed social media platforms like Facebook, WhatsApp, Instagram and Telegram to remove or delete all accounts infringing upon the trademark of NSE (National Stock Exchange of India Limited).

The Bombay High Court has directed social media intermediaries to take prompt action against alleged deepfake videos of NSE's managing director and chief executive officer giving stock recommendations.

The balance of convenience also lies in favour of the Plaintiff (NSE) and irreparable loss and/or harm will be caused to the Plaintiff, unless the ad-interim (temporary) relief sought for is granted, the HC said.


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Category: BusinessFinance

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Published On: 2024-07-20 @ 18:23:08 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 618 words

Reading Time: 4 minutes read

Sentences: 21 lines

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Copyright Owner: © Business Standard

News ID: 21694135

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