13th BRICS Education Ministers' meeting concludes with Declaration (See 'Corp Brief') IEPFA organises Stakeholder Engagement with Nodal Officers of Companies on Portal 2.0 (See 'Corp Brief') SARFAESI - Any tenancy created after issuance of notice u/s 13(2) without prior written consent of secured creditor, is void ab initio: HC National Handloom Day celebrates Tribal Weaves of India (See 'Corp Brief') SECL leads India in Scientific Mine Closure, Transforming abandoned Mines (See 'Corp Brief') IBC - RBI prudential norms stopping banks from recognising interest income on NPA accounts do not wipe out borrower's obligation to accrue & recognise interest expense in its own financial statements: NCLAT (See 'Legal Desk') Sowa-Rigpa must emerge as Globally Recognised Evidence-Based Healthcare System: Jadhav (See 'Corp Brief') Insurance Division, DFS secures 3rd Rank in Group A Category of Grievance Redressal (See 'Corp Brief') IPR - Registration of defendant's trademark does not bar passing off action where plaintiff establishes prior goodwill, misrepresentation and likely damage: HC (See 'Legal Desk') IndiaAI Mission organised AIKosh Univ Engagement Programme at Chitkara Univ (See 'Corp Brief') A&C - In international commercial arbitration seated in India, ground of ‘patent illegality' u/s 34(2A) is expressly excluded: HC (See 'Legal Desk') Comprehensive measures taken to boost digital infrastructure & cyber security: Jitin Prasada (See 'Corp Brief') Misc - A minor admitted to benefits of partnership firm is not personally liable for debts or liabilities incurred by firm during age of minority - ergo, bank communication declaring minor as wilful defaulter is invalid: HC (See 'Legal Desk') IPC showcases India's Regulatory Excellence at WHO Meeting in Nepal (See 'Corp Brief') Companies Act - Solely because a private bank carries on banking operations as scheduled bank or is bound to follow regulatory guidelines issued by the RBI, it does not acquires character of a statutory body: HC (See 'Legal Desk') GI & Beyond 2.0 Summit showcases India's GI-tagged Handloom and Handicraft Products (See 'Corp Brief') IPR - Test for 'efficacy' u/s 3(d) of Patents Act is not limited to 'therapeutic efficacy' for all substances: HC (See 'Legal Desk') CCI approves combination of many entities into InterGlobe Hotels (See 'Corp Brief') IPR - U/s 9(1)(a) of Trade Marks Act, correct legal test is whether applied mark possesses 'distinctive character', means if it is capable of distinguishing applicant's goods from those of others - YES: HC (See 'Legal Desk') House Panel deliberates on strengthening Human-Wildlife Conflict Mitigation through Technology (See 'Corp Brief') IBC - Private bank's commercial decision on debt assignment or settlement, even if regulated by RBI norms, remains private banking transaction and does not satisfy function test for writ maintainability: HC (See 'Legal Desk') PM-PRANAM Promotes Balanced Use of Fertilizer, Organic Farming (See 'Corp Brief') IPR - In absence of evidence showing acquired distinctiveness or secondary meaning, descriptive mark could not validly remain on Register: HC (See 'Legal Desk') On International Clouded Leopard Day, India strengthens Conservation through Dedicated Action Plan (See 'Corp Brief') Limitation - Single Judge rightly declined to exercise writ jurisdiction in a matter which essentially involves contractual obligations & involves disputed issues of fact: HC (See 'Legal Desk') Tete-a-tete around AI in banking sector often begins with algorithms (See CORP EINSICHT)

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AI for Citizen Safety: Join IndiaAI CyberGuard AI Hackathon

Published: Oct 28, 2024

By TIOLCorplaws News Service

NEW DELHI, OCT 28, 2024: THE IndiaAI Independent Business Division (IBD) has launched the IndiaAI CyberGuard AI Hackathon. This hackathon is part of the Applications Development Initiative within the IndiaAI Mission, which seeks to advance the development, deployment, and adoption of AI applications in critical sectors. It is aimed at promoting the scaling and adoption of impactful AI solutions to enable large-scale socio-economic transformation. The deadline for application submission is 07th November 2024.

IndiaAI CyberGuard AI Hackathon

To further these ambitions, IndiaAI and Indian Cyber Crime Coordination Centre ( I4C) has announced the IndiaAI CyberGuard AI Hackathon . This strategic initiative seeks to utilize advanced technologies, particularly AI, to enhance cybersecurity and address the escalating threat of cyber fraud and crimes. With approximately 6,000 cases reported daily through the NCRP, this hackathon aims to develop robust AI-driven solutions capable of managing and mitigating these threats.

Exciting prizes for Hackathon

The Hackathon invites participation from Indian innovators, startups, non-profits, students, academic/R&D organizations, and companies. The prize money for the hackathon is as follows.

- First Prize: INR 25 Lakhs and opportunity to develop a solution for national rollout

- Second Prize : INR 7 lakhs

- Third Prize : INR 3 lakhs

- Special Prize of INR 5 lakhs for All-Women Teams (in addition to the top three prizes)

This initiative aligns with the Government of India's vision of leveraging AI for inclusive growth and responsible development of AI. For more details and to apply, visit https://indiaai.gov.in/article/ai-for-citizen-safety-join-the-indiaai-cyberguard-ai-hackathon

Leveraging AI for cybersecurity

IndiaAI is partnering with the Indian Cyber Crime Coordination Centre (I4C), established by the Ministry of Home Affairs. This collaboration aims to leverage AI to drive efficiencies in the prevention, detection, investigation, and prosecution of cybercrime, thereby enhancing citizen welfare. The I4C manages the National Cybercrime Report Portal (NCRP), providing a comprehensive framework for Law Enforcement Agencies (LEAs) to tackle cybercrime effectively.

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