53% Indian consumers want AI-led efficiencies to translate into affordable products: Adobe study

Adobe’s State of AI-driven Consumer Value report surveyed Indian marketers and consumers to understand how much value generative AI brings to brand interactions.

Latest study from Adobe – ‘State of AI-driven Consumer Value’ has found while many brands are embracing generative AI to enhance consumer experiences, they are still being outpaced by consumer expectations.

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Airtel, Voda Idea sell entire stake in Firefly Networks to iBus for Rs 9 cr

Firefly’s contribution to Airtel’s turnover and net worth in fiscal 2024 stood at 0.0065% and 0.0007%, respectively. Firefly contributed Rs 5.5 crore to Vodafone's losses in FY24 but had no contribution to its net worth.

Firefly Networks, a Wi-Fi infrastructure company, is a 50-50 joint venture between Bharti Airtel and Vodafone Idea.

BSE, NSE approves Balaji Telefilms merger scheme; NCLT approval awaits

Firefly’s contribution to Airtel’s turnover and net worth in fiscal 2024 stood at 0.0065% and 0.0007%, respectively. Firefly contributed Rs 5.5 crore to Vodafone's losses in FY24 but had no contribution to its net worth.

Balaji Telefilms will approach the National Company Law Tribunal to approve its Scheme of Arrangement between Alt Digital Media Entertainment, Marinating Films, and Balaji Telefilms.

MeitY to discuss AI-related issues with Parliamentary Committee on January 9

The Ministry of Electronics and Information Technology (MeitY) published a report on 'AI Governance Guidelines Development' for public consultation on January 6, 2025.

There will be a sitting of the standing committee on ‘Communications and Information Technology’ to discuss the impact of emergence of AI and related issues. MeitY reportedly is in process to draft an AI law.

MIB budget cut by Rs 675 crore in Union Budget ’24, reveals Parliamentary committee report

The parliamentary committee on 'Communications and Information Technology', chaired by Nishikant Dubey, is scheduled to meet on February 13.

The parliamentary standing committee report on ‘communication and IT’ revealed that the Ministry of I&B had proposed a budgetary expenditure worth Rs 5017.64 crore for FY25 in the last Union Budget, but was allocated Rs 4342 crore.