Latest news with #IAMAI
Economic Times
21-05-2025
- Entertainment
- Economic Times
Insider job? Pirated versions of Hindi films surface days before box office release
Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Mumbai: Marquee Hindi films such as Sikandar, Jaat, Raid 2 and The Bhootnii were leaked online, kneecapping their run at the box office at birth, according to film trade films were released on pirated and illegal web sites and applications on Thursday, a day before their formal release, bucking a pirating practice of releasing new films a day after their run at cinemas."There is a growing trend of movies, especially Hindi and Tamil films, being leaked on the day before the release. In such cases, the role of an insider is suspected," said a senior Maharashtra police officer."Piracy before the day of release of a film implies that it is an insider job. There are three channels through which a film can get leaked. They are post-production studios, content delivery agencies and nefarious elements in exhibition companies," said Girish Wankhede, a movie trade analyst.A recent EY study with the Internet and Mobile Association of India (IAMAI) showed that 51% of media consumers access content from pirated sources. There are four key sources of piracy: illegal streaming platforms, mobile applications, spreading of pirated links on social media, and report noted that instant messaging platform Telegram is a widely preferred platform for consumers of pirated content and pirates alike as it allows transfer of files up to 2 GB. According to the report, in 2023, theatres and the streaming industry lost '13,700 crore and '8,700 crore, respectively, due to said the new trend of piracy before release is largely connected with how strong the buzz or interest that a film has generated before its release."A pre-release leak is not just piracy-it is economic sabotage. It destroys a film's theatrical potential, jeopardises digital (streaming) and satellite deals, and kills audience curiosity before the first show," said Suniel Wadhwa, co-founder & director, Karmic Films. "The buzz or interest around a film is a key factor whether a film's print gets leaked before or after its release," Wadhwa veterans said it was critical to follow a multi-layered approach which covers legality, technology and systemic aspects associated with piracy. They suggest that the increasing use of AI and collaboration with technology companies such as BLOCK X Technologies, which spot sites and other sources of pirated content, must be the norm in the industry to reduce piracy in the industry."To avoid piracy, with help of right stakeholders, we are working on a technology which will break a movie into three parts and these three parts can only be joined with a password," said Wankhede.
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Business Standard
13-05-2025
- Business
- Business Standard
BillDesk's M N Srinivasu appointed IAMAI chairperson for two-year term
M N Srinivasu succeeds Dream Sports CEO Harsh Jain as IAMAI chairperson, while fintech leaders from Razorpay and PhonePe take vice-chairman and treasurer roles BillDesk co-founder M N Srinivasu was appointed as the chairperson of the Internet and Mobile Association of India (IAMAI) on Tuesday, following governing council elections at the organisation. Srinivasu succeeds Dream Sports co-founder and chief executive officer (CEO) Harsh Jain. Razorpay co-founder and CEO Harshil Mathur was elected vice-chairperson, whereas PhonePe founder and CEO Sameer Nigam has taken over as the treasurer of the association. Previously, MakeMyTrip's co-founder Rajesh Magow was the vice-chairperson. Satyan Gajwani, vice-chairperson of Times Internet, was the treasurer. The appointment of the top brass at IAMAI reflects the growing influence of the emerging fintech sector in the country. The new 24-member governing council and the new executive council of IAMAI will take charge for the next two years, until 2027. The IAMAI governing council election is held every two years. It is a not-for-profit industry body. The organisation has more than 600 members, including Indian and multinational corporations, as well as start-ups.
Entrepreneur
13-05-2025
- Business
- Entrepreneur
Billdesk's M N Srinivasu Elected IAMAI Chairman for 2025–2027
Joining him on the executive council are Harshil Mathur, CEO and Co-founder of Razorpay, as Vice Chairman, and Sameer Nigam, Founder and CEO of PhonePe, as Treasurer. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. The Internet and Mobile Association of India (IAMAI) has announced the results of its biennial governing council elections. M N Srinivasu, Co-founder of Billdesk, has been elected the new Chairman, taking over from Harsh Jain, Co-founder and CEO of Dream Sports. Joining him on the executive council are Harshil Mathur, CEO and Co-founder of Razorpay, as Vice Chairman, and Sameer Nigam, Founder and CEO of PhonePe, as Treasurer. They succeed Rajesh Magow, Co-founder and Group CEO of MakeMyTrip, and Satyan Gajwani, Vice Chairman of Times Internet, respectively. The new executive leadership—Srinivasu, Mathur, and Nigam—will serve alongside IAMAI President Dr Subho Ray, who continues as the ex officio member. Together, they will lead the Association's 24-member governing council for the 2025–2027 term. The official handover will take place at IAMAI's upcoming annual general meeting. IAMAI, a not-for-profit industry body with over 600 members including major Indian and global digital firms, has played a key role in advancing India's digital ecosystem. It promotes fair competition, progressive regulation, startup growth, consumer safety, and digital trust. With its new leadership, the Association aims to further strengthen its efforts in policy advocacy, research, and industry collaboration to support India's evolving digital economy.
Indian Express
26-04-2025
- Business
- Indian Express
Karnataka Transport Minister Ramalinga Reddy asks authorities to enforce High Court's bike taxi ban
Karnataka Transport Minister Ramalinga Reddy on Friday instructed his department officials to implement the High Court order to suspend bike taxi operations in the state within six weeks. In a letter to Transport Commissioner Yogesh A M and Principal Secretary, Transport Department, Dr N V Prasad, the minister stated, 'The High Court has granted the three bike taxi aggregators — Uber India Systems, Roppen Transportation Services, and ANI technologies — a six-week period to seize their services in Karnataka. Therefore, I hereby direct the implementation of the High Court's order.' A transport official stated that, 'We will comply with the High Court order and necessary action will be taken after the six-week period, i.e. May 14'. On April 2, Justice Shyam Prasad ordered to stop bike taxi operations including Rapido, Uber and Ola within six weeks. The High Court ruled that bike taxis cannot operate in the state unless the government notifies relevant guidelines under Section 93 of the Motor Vehicles Act, 1988, along with the necessary rules. The High Court ruling came as a huge blow to bike taxi aggregator giant Rapido which claimed that there are about 120,000 bike taxi riders in the city. Earlier, the Internet and Mobile Association of India (IAMAI), a not-for-profit industry body representing the digital services industry, had urged the Karnataka government to 'urgently' form a joint committee to formulate bike taxi guidelines. IAMAI, in a letter to Dr Prasad, has expressed the pressing need for creating and enabling a regulatory framework for bike taxis to protect the livelihoods and earning opportunities of lakhs of riders in the state. While the court issued a stinging rebuke to aggregator apps, Justice Shyam Prasad also observed that the Motor Vehicles Act, 1988 (MV Act), permits motorcycles to be registered as transport vehicles and issued contract carriage permits, dismissing the state's claim that their legal definition precludes such use. The judge also noted that despite lacking a 'crystallized right' under the law, these aggregators had exploited interim orders since 2021 to run bike-taxis, a practice the state argued flouted the 'no permit, no plying' principle upheld by the Supreme Court.
