WhatsApp Rumors, Fake News Push Indian Firms to the Authorities
- Piramal Enterprises, Yes Bank file complaints seeking help
- Move is likely to influence new social media norms in India
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Indian companies struggling to tackle false information and speculation doing the rounds on WhatsApp and other social media sites are finally seeking help from the authorities.
Yes Bank Ltd. this month registered a police complaint against what it said was “fake news” about its financial health “to create panic and fear in the mind of its depositors.” Piramal Enterprises Ltd. on Thursday filed a complaint with the capital markets regulator to quell “misleading rumors about the company on blogs, social media platforms and WhatsApp.”