Earlier this week, IndusInd Bank disclosed a discrepancy in...
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Data Breach: Infosys settles lawsuits against US unit over cyber incident for $17.5 million
In April last year, Infosys said, McCamish, in coordination with...
India sees record deal activity in February at USD 7.2 bn
Retail and consumer, IT & ITES, banking and financial services,...
New vehicles must average 40 mpg by 2026 under US standards
The new requirements increase gas mileage by 8% per year for model years 2024 and 2025 and 10% in the 2026 model year Officials said under the new standards, owners would save about $1,400 in gasoline costs during the lifetime of a 2029 model year vehicle. Carbon...
E-scooter fires in India trigger safety concerns, in setback for Modi push
The electric mobility push is critical for Modi's climate change and carbon reduction goals.Following the Ola incident, Modi's government told lawmakers in the Indian parliament it will take "appropriate action" against the manufacturers once the investigations are...
CCI finds Google unfairly blocking rival payments on India store
“Google is imposing unfair and discriminatory conditions in violation of regulations," the Indian agency said in its preliminary report dated March 14.“ New Delhi: Google’s billing system for app developers is “unfair and discriminatory,” India’s antitrust regulator...
Max Life insurance ecommerce channels achieves 8x growth over 4 Years
With the insurance industry projected to grow at 25-35% online in the next five years, Max Life is aiming to boost its e-commerce growth to 35-50%, touching the Rs 1,500-crore mark by FY26 New Delhi: Max Life Insurance announced that its ecommerce channels have...
Govt orders probe into fire incident involving Ola electric scooter in Pune
The Centre for Fire Explosive and Environment Safety (CFEES) has been asked to probe the circumstances that led to the incident and also suggest remedial measures, according to the Ministry of Road Transport and Highways (MoRTH) New Delhi: The government has ordered a...
New norms being introduced to ensure safety of vehicle users: Gadkari
''Every year, we face five lakh accidents and 1.5 lakh deaths. For that reason, we are now taking a number of measures. Six airbags are now mandatory. We have taken a decision to make it mandatory for the economy models also,'' Union Transport Minister Nitin Gadkari...
With war next door, EU is warned on cybersecurity gaps
Cyberattacks against EU bodies are increasing “sharply,” with major incidents jumping more than tenfold between 2018 and 2021, according to the Luxembourg-based ECA Brussels: The warning by the European Court of Auditors covers the wide range of EU bodies — from the...
Blockchain project Ronin hit by $615 million crypto heist
Hacks have long plagued crypto platforms. The cryptocurrency arm of Jump Trading said last month it had restored more than $320 million to crypto platform Wormhole after the decentralised finance site was hit with one of the largest crypto heists on record Blockchain...
Chubb buys DUAL’s Asian Financial and Cyber business
Chubb will be purchasing the business assets including intellectual property in the form of wordings and underwriting models from DUAL in both Hong Kong and Singapore Over the last 13 years DUAL Asia has grown organically, in partnership with MSIG, into a Financial...
WhatsApp to increase maximum file transfer size to 2 GB: Report
According to a WABetaInfo report, WhatsApp will soon start testing the "Media File Size" feature in Argentina which will allow users to share media files up to 2GB in size. The feature will initially be limited to Beta testers in Argentina Meta-owned encrypted...