Applications
Uefa wins case against streaming sites
MUMBAI: Football association Uefa has announced a victory in the High Court in the UK over the illegal streaming of Uefa Champions League matches via the internet.
Uefa had issued proceedings in March this year in the High Court in England against the owners and operators of a series of websites unlawfully streaming and making available to subscribers television coverage of Uefa Champions League matches.
The claim alleged infringement of copyright in the broadcasts and all the separate ancillary copyright works included in those broadcasts, namely the UCL music, the UCL on-screen graphics, the sponsored video sequences and the UCL Starball.
The judge granted summary judgment, issued a permanent injunction restraining the broadcasting of UCL matches over the Internet, ordered the confiscation of all equipment used in the pirating process as well as ordering that the defendants pay the substantial costs of the claim with the precise level of damages to be assessed.
Uefa CEO Lars-Christer Olsson said, “This is a landmark decision in favour of Uefa and of rights holders everywhere. We see this as a major victory against the unauthourised and illegal streaming of UEFA Champions League matches over the Internet, and therefore a full endorsement for the protection of the rights of the official broadcasters who have purchased the right to show these matches.”
Applications
JioFinance rolls out multi-bank fixed deposit platform
Users can compare, invest and track fixed deposits across issuers in one place
MUMBAI: The JioFinance app has launched a unified platform allowing users to compare, invest in and track fixed deposits offered by multiple banks and non-banking financial companies, sharpening its push to become a one-stop destination for digital financial services.
The new feature aggregates fixed deposits from a range of issuers, including small finance banks and NBFCs, enabling customers to filter options by interest rate and tenure and complete the entire investment journey digitally.
Interest rates on the platform go up to 8.15 per cent per annum, with users able to view tenure, tax treatment, lock-in conditions and premature withdrawal terms before investing. Once booked, deposits can be monitored through a consolidated dashboard that tracks returns, maturity dates and renewal reminders.
Jio Finance Platform and Service Limited chief executive officer Surbhe S Sharma, said the offering addresses a long-standing pain point for savers, who often struggle to compare issuers and manage deposits spread across institutions.
Fixed deposits remain one of India’s most popular savings products, and the company is betting that transparency and ease of use will draw users seeking stable, low-risk returns.
The FD marketplace on the JioFinance app is powered by Blostem Fintech Private Limited, which operates as a business correspondent and technical service provider to partner banks and NBFCs.
