Take immediate action against wrong posts on social media, know where and how?

Take immediate action against wrong posts on social media, know where and how?

 India is fast accelerating on the path of "Digital India". But in the last few years, activities like cyber security, online trolling and online fraud have emerged as a major obstacle in the path of Digital India. In such a situation, new IT Rules 2021 were introduced by the Central Government, so that the accountability of social media can be fixed in the new Digital India. Also, action can be taken against online trolling and online fraud. This will give impetus to the Digital India campaign. Along with this, people's trust in digitization will increase. 

Government gave new IT law to users

In a move to make social and digital platforms more secure and reliable, like the central government, a new IT law has been introduced, under which if a case comes to the fore on social media, where anything is posted without the permission of the user or If an attempt has been made to damage his image, then the complaint can go directly to the concerned platform. According to the Information and Broadcasting Minister, Digital India is completely independent as well as safe and reliable. Along with this, the responsibility of the Internet has been fixed. This matter has been tweeted from the Digital India Twitter handle. 

Social media platforms have to take action 

  1. On the complaint, the officials of the concerned digital platform will have to settle the matter within 15 days.
  2. Cases of nudity and misrepresentation of one's image will be processed within 24 hours.
  3. A complaint can be made against discrimination on the basis of age, sex, religion, language.
  4. Complaints can be made against hate posts that spread violence. 

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Adani's IPO size reduced, now plans to raise so much money from the market

Adani's IPO size reduced, now plans to raise so much money from the market

Edible oil company Adani Wilmar Limited (AWL) has reduced the size of its initial public offering (IPO) from Rs 4,500 crore to Rs 3,600 crore. According to a statement, the IPO of Adani Wilmar, a company that sells edible oils under the Fortune brand, is expected to come this month.

AWL is a joint venture company of Ahmedabad-based Adani Group and Singapore-based Wilmar Group. Both have a 50:50 stake in it. The IPO will now involve a fresh issue of equity shares worth Rs 3,600 crore and there will be no sale offer. Earlier, according to the red herring prospectus, Rs 4,500 crore was to be raised under the IPO.

Of the proceeds from the IPO, Rs 1,900 crore will be used for capital expenditure. Rs 1,100 crore will be used to repay debt and Rs 500 crore to finance strategic acquisitions and investments. When contacted for confirmation, a company spokesperson declined to comment.

On the other hand, the port development arm of Sajjan Jindal-led JSW Group on Friday announced raising $400 million through bonds from international investors. The money raised from the issue by JSW Infrastructure will be used to pay off the existing debt of the company and its subsidiaries. This is the company's first issue in the bond markets, according to an official statement.

It added that the seven-year bond was issued with an initial estimate of 5.25 per cent interest, but the company managed to get the final value at 4.95 per cent. The company's executive director and chief financial officer Lalit Singhvi said the bonds will further diversify and strengthen the sources of financing. (with Pti input)

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