The Ministry of Electronics and Information Technology has pushed the deadline to May 7 for public feedback on proposed IT Rules amendments. The draft introduces clearer labelling requirements for synthetically generated information and requires intermediaries to comply with ministry advisories in writing. It also broadens oversight to user-generated news content, including provisions for emergency blocking.
DreamFolks is facing a sharper squeeze as airport and lounge operators build direct relationships with banks, moving away from the intermediary model that handled nearly 90% of lounge business last year. ICICI and Axis were early movers, and more major banks are expected to follow—potentially further shrinking DreamFolks revenue and influence.
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