Kalyan Jewellers moves court after fake news on YouTube causes Rs 500-crore loss
Kerala, July 11: Kerala-based Kalyan Jewellers has claimed that fake news on social media led to it suffering a loss of around Rs 500 crore and has moved the Kerala High Court seeking supervision of social media websites.
The jewellery company, in its plea filed in the high court, says that fake videos claiming to show the seizure of counterfeit gold at its showrooms have been shared on social media websites such as YouTube. The fake videos are part of a malicious campaign against Kalyan Jewellers by business rivals, the brand further claims in its petition.
Terming the campaign as defamatory and misleading, Kalyan alleges that it has incurred losses running in to more than Rs 500 crores.
According to the plea, the name and logo of the company have been used in videos to portray what was a routine inspection in one of its Kuwait stores as a raid. The videos have been edited to make it seem like that a Kalyan jeweller showroom was inspected and jewellery from the store seized due to fraudulent practices by the company.
The original footage was of a routine inspection that Kuwaiti officials conduct on all jewellers in the country. They took some jewellery samples from the Kalyan jeweller store as part of their inspection.
This routine inspection has been incorrectly shown as evidence of Kalyan Jewellers selling fake gold and of authorities seizing that fake gold.
The petition has asked for greater control and supervision of social media sites stating that "How can a platform that does not have control over their own sites be allowed to function in India? It appears The Government of India does not have any control over these sites. "
In response, the Kerala High Court has issued a notice calling for the introduction of regulatory mechanisms to curb fake news on social media platforms.
Kalyan Jewellers has been fighting to curb alleged fake accusations made against it for months now. In a post on its official Facebook post, it said that three individuals were arrested by Kerala Police for spreading false information about it.
In March, five Indian expatriates were booked by the Dubai Police on charges of cybercrime and abuse via the internet for spreading false information about the company.
Kalyan Jewellers is a Kerala-based jewellery retailer with more than 120 showrooms in India and the Gulf. The brand has several high profile ambassadors, including Amitabh Bachchan, Katrina Kaif and Nagarjuna.
Courtesy: www.indiatoday.in
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UP Cong chief Ajay Rai hospitalised after fainting, stable
Lucknow (PTI): Uttar Pradesh Congress president Ajay Rai was hospitalised here after he fell unconscious due to low sodium levels, party leaders said on Saturday.
They said he was admitted to Medanta Hospital on Friday evening and is stable.
"Ajay Rai was admitted to Medanta Hospital in Lucknow at around 6 pm on Friday after he fell unconscious as his sodium levels had dropped. He fell unconscious at his residence in Lucknow. For the entire day, he was engaged in party programmes and had also gone to the airport," Uttar Pradesh Congress spokesperson Anshu Awasthi told PTI.
Congress in-charge of Uttar Pradesh Avinash Pande told PTI, "Now, he (Ajay Rai) is stable and I am also reaching Lucknow."
Medanta Hospital Director Dr Rakesh Kapoor told PTI that Rai collapsed at his home on Friday evening and was subsequently admitted to the hospital's emergency ward.
Medical examinations revealed that Rai was suffering from a sodium deficiency and elevated blood pressure. Doctors administered immediate treatment and he is doing significantly better now, Kapoor said.
A team of doctors is monitoring his health. Rai is conversing with others and his condition is stable, he added.
In a post on X late Friday night, Prime Minister Narendra Modi wished Rai a speedy recovery.
Rai hails from Varanasi and had contested the 2024 Lok Sabha elections against Modi from the parliamentary constituency. The Congress appointed him as the Uttar Pradesh unit chief in 2023.
