iWorld
It’s raining awards for ALTBalaji this 2018!
MUMBAI: ALTBalaji which is India’s largest OTT platform for original and exclusive shows across various genres is on a winning splurge these days with awards and recognition in the digital and OTT space. 2018 has started on a high note for the digital platform as it was awarded as one of MUMBAI’S HOT 50 BRANDS at Mumbai Brand Summit 2018.
The digital platform was awarded the BEST OTT PLATFORM OF THE YEAR by a leading trade publication. Along with this highly prestigious trade award, the OTT platform was also recognized for it super talented artists like Rajkummar Rao and Ssumier Pasricha. Rajkummar Rao bagged an award in the Best Actor Among any OTT Content category for BOSE: Dead/ALIVE and Ssumier Pasricha was awarded as the Star Entertainer of the Year for Pammi Aunty.
Along with these awards, THE MOST ENTERPRISING BRANDS & LEADERS OF ASIA 2018 also felicitated Mr. Nachiket Pantvaidya, Group COO and CEO, ALTBalaji as the Most Enterprising CEO of the Year – Digital Entertainment for his outstanding contribution to the medium and for phenomenal success that ALTBalaji has garnered.
Speaking about the recent achievements, ALTBalaji, CMO, Manav Sethi said, “We are elated to be recognized and honored at such various and prestigious award shows and what is more exciting is that we have achieved this within 11 months of our launch. ALTBalaji is the only OTT platform in India to launch about 16 original shows that are LIVE in over 90 countries, and that too with a team of 70 people. This is a testimony to the amazing work our team has done so far and validation to fact that we understand the kind of entertainment audience wants. From here we just want to climb up the ladder as we have some great content in pipeline for our viewers.”
With more than 15 million mobile and web users and available in over 90 countries ALTBalaji currently offers 16 original shows in Indian languages across various genres such as romance, mystery, drama, comedy and offers entertaining original shows for kids.
iWorld
Sebi takes down 1.2 lakh finfluencer posts, deploys AI Sudarshan
Regulator sharpens digital watch as retail investors face options losses
NEW DELHI: The Securities and Exchange Board of India has pulled down more than 1.2 lakh misleading social media posts shared by unregistered financial influencers, tightening its grip on the fast-growing but often murky world of online investment advice.
Speaking to ANI, Sebi chairman Tuhin Kanta Pandey said the regulator acted against content that crossed the line from financial education into outright misdirection.
“We have removed more than 120,000 such pieces of content where we found egregious behaviour violating our norms,” Pandey said, underlining that only Sebi-registered entities are allowed to offer investment advice.
Registration, he explained, is not a mere formality. It comes with clear do’s and don’ts designed to protect investors. While individuals are free to share opinions and educate audiences under the right to freedom of expression, Sebi steps in when advice strays into misleading territory.
The watchdog is not relying on manual policing alone. It has rolled out an in-house artificial intelligence tool called ‘Sudarshan’, capable of scanning multilingual audio, video and text content to detect violations across platforms. The name is fitting. In mythology, Sudarshan is a spinning weapon. In this case, it slices through dubious digital claims.
Pandey said social media platforms have cooperated with takedown orders, reinforcing Sebi’s authority to demand removal of offending content.
The regulator’s sharper focus comes amid a surge in retail participation in derivatives trading, particularly options, in the post-Covid period. According to Pandey, many small investors were swayed by online narratives promising easy money.
Sebi responded by publishing data showing substantial collective losses and by introducing statutory warnings. Now, whenever investors trade in options, a pop-up cautions that nine out of ten investors lose money, a stark reminder modelled on health warnings seen elsewhere.
Pandey described regulation as a calibrated exercise rather than a blunt-force operation. Market development, he said, requires precision. “It is not about a sledgehammer approach but more like a surgeon’s knife, identifying problem areas and dealing with them.”
Calling the past year “a year of reform”, the Sebi chief said the regulator’s goal remains balanced oversight, ensuring markets are neither choked by over-regulation nor left exposed by too little scrutiny.
For India’s growing tribe of retail investors, the message is simple. Scroll carefully, trust cautiously and remember that in markets, if something sounds too good to be true, it often is.
