📝 Monday MEMO: What you Missed During the Weekend

Happy Monday, Otter community!

In today’s edition: Elections-targetted deep-fakes are officially here and they are trying to influence Indian voters, Aamir Khan and Ranveer Singh’s anti-Modi fake videos circulate; E-flights may not be a distant dream for India; Tier 2 & 3 Indian cities take a huge pie of land deals; Anti-India Maldivian Prez wins a majority, will affect Indo-Chinese conflicts; Microsoft makes your photos come alive!!!

TODAY’S HIGHLIGHTS

Not Me Idk GIF by Ranveer Singh

  1. Playing dirty, Using AI to Meddle in Indian Elections❗️Bollywood actors targeted in AI-generated deep-fake videos criticizing Modi, supporting Congress 🎥 Viral clips spark police probe and debate 😡 

  2. Land Deals Surge in 2023-24: 🥳 101 deals covering 2,989 acres, up 61%; 721 acres transacted in Jan-Mar 2024! 🏗️ Tier 2 & 3 cities drive growth with 18 deals for 1,853 acres; Leading developers active in acquisitions! 🏡

  3. 7-Minute E-Flight Only in Rs 2,000 to 3,000!💰: IndiGo's parent firm will launch 200 electric air taxi fleets in India with Archer Aviation by 2026! 🚁 Service will connect Connaught Place to Gurugram ✈️

  4. Indian Army Progressing Rs 6,800 Crore Indigenous VSHORAD Systems for Border Protection! 🚀🪖 Over 500 launchers, 3,000 missiles planned to tackle aerial threats from Pakistan and China borders! 🛡️

  5. Ghazipur Landfill Site Fire in East Delhi 🔥🚒 Smoke engulfed area causing breathing issues; Earlier incidents include 2017 tragedy and 3 fires in 2022! 🔥

  6. Measures Taken to Curb Misuse of Money Power: 🔒 RBI directs non-bank payment operators to report high-value or suspicious transactions during Lok Sabha elections! 🗳️ 

  7. Summer Heatwave to Fuel Surge in Consumer Durables Demand in India! 🌞 IMD forecasts above-normal temperatures from April to June! 🌡️

  8. From Bullets to Books, Dacoits to Development: 📚️ Chitrakoot (MP) witnesses police-led educational renaissance 👮 

  9. War of Words in Lok Sabha Elections: 🗣️ TMC criticizes BJP over CAA; PM Modi slams Congress for neglecting tribal welfare, highlights BJP's "One Nation One Election" inclusivity! 🌐 Questions Congress' plan to assess and redistribute women's gold! 👩‍🦰

  10. Elon Musk Postpones India Visit, Citing Tesla Obligations: ❌ Meeting with PM Modi and space-tech startups cancelled

THE MARKET MOVEMENT

  1. Air Conditioners: 😎 Voltas reports 30% YoY revenue growth in Q3FY24, 2 million ACs sold in FY24! Shares soar 5% ❄️ JV with Arcelik targets 60% of FY27 revenue in consumer electronics! 🧊 

  2. FPO: 📲 🛰️ Vodafone Idea's follow-on public offer fully subscribed, raises Rs. 5,400 crore from institutional investors 📈

  3. Metals: Hindustan Copper surges 7% to 52-week high as copper nears $10,000 🔺 amid global economic recovery optimism

  4. Gas & Petroleum: GSPL shares free fall by 20% as PNGRB slashes high pressure network tariffs by 47% 📉🔻 

  5. Energy Allied: Greenhitech Ventures makes bumper market debut, lists at 90% premium over issue price 🚀💰

GEOPOLITICS SPOTLIGHT

War Israel GIF by Storyful

  1. Anti-India Maldives President's Party Secures Super-Majority in Election: Signals strong support for pro-China policies 🇲🇻🗳️

  2. Biden’s Wild Story, No Facts: 😮 White House clarifies Biden's story about uncle possibly eaten by cannibals; Official records contradict president's tale 🏛️🦴

  3. 7th Month of Gaza Conflict: Israel's attacks on Rafah leave tragic toll, 🧒 13 dead, including 9 children; U.S. House passes $26 Billion aid package 💔 

  4. Malaysia Has Entered the Chat: 🦄💼 Lures global unicorns with incentives at KL20 Summit 🌟 Unveils plans for exemptions, subsidies, concessionary tax rates to create high-value jobs and future tech leaders

  5. Rich Chinese Come to Play: China leaves benchmark lending rates unchanged 🙅 amidst rising Q1 GDP growth 📈 Chinese gold imports surge reflecting long-term strategy and investor’s seeking currency diversification 🟡 

  6. U.S. House Passes $95 Billion Aid Package for Ukraine: 🆘 Amidst Russian Opposition; Zelenskyy Hails Decision 💰Russian opposition warns aid package will "further ruin" Ukraine, cause more deaths ☠️

  7. Phytosanitary Concerns in Pakistan’s Rice: 😏 Russia issues warning after detecting quarantine organism in rice consignment 🚫🌾 Pakistan has been benefitting from India's rice export ban, exports reach record levels ⚡️ 

     

TECH NEXUS

  1. You Heard It Here First!! 🙋‍♂️ Piyush Gupta, strategic leader at Peak XV Partners, to launch his own fund amid growing secondary transactions trend 🌟

  2. How to Stop Misinformation about Indian Elections? 🗳️ Meta tests AI chatbot for Indian elections, blocks certain queries 🤖

  3. Meta Levels-Up User Experience: 🦙 Unveils Llama 3 AI models, enhances search and chat features across platforms 🌐🔍

  4. U.S. House Passes Bill Requiring ByteDance to Sell TikTok or Face Ban 🚫📱 Revises sale window to 9 months; Administration cites national security threats from TikTok, describes app as "spy balloon" 🎈🕵️

  5. Alphabet X Unveils Project Bellwether: AI-powered disaster prediction for faster response 🌪️🔥

  6. Microsoft Unveils VASA-1: 🤳 AI model creates lifelike talking head videos from single image 🤯

Join the conversation

or to participate.