In a copyright infringement case, a U.S. District Court granted summary judgment for AI software firm Anthropic PBC, holding that its use of the plaintiff authors’ books for training LLMs qualified as fair use.
SEBI has floated a consultation paper on the proposed guiding principles for the responsible use of AI/ML in the Indian securities market.
In a welcome move, SEBI has approved a proposal allowing founders to retain and/or exercise ESOPs even after being specified as promoters and the company becoming a listed entity.
The Bombay HC has dismissed BCCI’s challenge against arbitral awards of over Rs 538 crores, ruling in favour of the owners of the now-defunct IPL team, Kochi Tuskers Kerala.
The State Labour Department has proposed amendments to the Karnataka Shops and Commercial Establishments Act, 1961, aimed at increasing working hours for employees.
The RBI has issued a few circulars simplifying the Know Your Customer (KYC) updation procedures to enable timely compliance.
New amendment allows Indian companies engaged in FDI-prohibited sectors to issue bonus shares to their pre-existing non-resident shareholders.
India’s consumer protection authority has urged e-commerce platforms to conduct self-audits within three months to identify and eliminate dark patterns.
The government has proposed that owners or licensors be required to maintain dedicated online systems for the collection of licence fees for communicating copyrighted music to the public.
The Delhi High Court has reserved its judgment on plea challenging the recognition granted by the Sports Ministry to the newly formed Indian Pickleball Association.
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