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AI firms: Indian AI firms may face extra costs as EU's AI Act kicks in

The European Union wrapped up approval of the world s first law governing AI development last week. This legislation takes a tiered approach, setting varying compliance timelines and regulations based on the potential risk each AI system poses. Generally applicable AI will have a year to comply, while high-risk systems get up to three years. ....

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Govt to treat satellite broadband as telecom service, allow 100% FDI via automatic route, ET Telecom

Such a move is likely to offer much needed clarity to global investors on the applicable foreign ownership rules, especially to companies planning to launch broadband-from-space services in India, and pave the way for top dollar inflows into India’s satcoms sector, these people added. ....

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India's top court strikes down banking ban on crypto currency

India's top court strikes down banking ban on crypto currency
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DATA PROTECTION: A New Regime | Asian Legal Business

India recently passed a wide-ranging data protection law. Lawyers share what companies need to do to keep up. ....

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5g spectrum: Auction vs Allocation: War escalates between companies over satcom spectrum

The battle lines are clear satellite companies plus telco Bharti Airtel champion allocation; phone companies Reliance Jio and Vodafone Idea demand auctions. Its down to the telecom regulator to take a call, based on which DoT has to decide which way India will go, reports Kalyan Parbat ....

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