TMSEp455: Subhash Chandra, data security Q&A, AMC stocks, spatial computing
JUN 15, 2023
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Media baron Subhash Chandra’s rise wasn’t meteoric. It was slow, and carefully crafted. From being a school dropout, he went on to set up India’s first private satellite TV channel -- the Zee TV, which reportedly reaches out to 1.3 billion people. Now 72, Chandra has seen many ups and downs. But, it seems, a lot of things are stacked up against him now. Sebi has barred Chandra and his son Punit Goenka from holding the position of a director or key managerial personnel in any listed company. So, is this the end of the road for Subhash Chandra?   Apart from Subhash Chandra, another news which caught people’s attention this week was of alleged data theft from the government's CoWIN platform. The Centre, meanwhile, has trashed the reports. Minister of State for Information Technology Rajeev Chandrasekhar has tweeted that the data being shared seemed to be from an earlier breach. But, the Indian Computer Emergency Response Team has still been told to submit a report on the matter. Amid concerns that the leaked data could be used for identity theft, phishing emails, scams, and even extortion calls, Bhaswar Kumar spoke to experts to understand where the problem lies and how it can be fixed.    Clearly the regulator has its task cut out. And it will not be easy with the swift rise of AI. Meanwhile, markets regulator Sebi has proposed tweaks to the total expense ratio structure-- which is expected to increase cost burden for asset managers. So how can the proposed changes impact stocks of AMCs?  Sebi wants uniformity and transparency by bringing all additional expenses within the TER. Moving on, we are now a step closer to the world of spatial computing -- where the physical world fuses with the digital. Tech giant Apple recently unveiled Apple Vision Pro headset which uses spatial computing. But what is this new technology everyone is talking about? Listen to this episode of the podcast for the answers.
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