Category: Business

June 8, 2021
Swaths Of The Internet Go Down After Cloud Outage

New Delhi: A widespread internet outage linked to US-based cloud company Fastly led to a shutdown of several international government, media, e-commerce and news websites. High traffic sites including Reddit, Amazon, CNN, Paypal and Spotify were all listed as experiencing problems by outage tracking website Downdetector.com. Most appeared to be coming back up after outages that […]

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April 7, 2021
RBI monetary policy: Repo rate, reverse repo rate remain unchanged

The current repo rate is 4 per cent and the reverse repo rate is 3.35 per cent. A status quo is expected to be maintained. Reserve Bank of India governor Shaktikanta Das on Wednesday announced that the repo rate and the reverse repo rate will remain unchanged. The current repo rate is 4 per cent […]

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April 4, 2021
Facebook data on more than 500M accounts found online

New York, Apr 4 : Details from more than 500 million Facebook users have been found available on a website for hackers. The information appears to be several years old, but it is another example of the vast amount of information collected by Facebook and other social media sites, and the limits to how secure […]

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March 20, 2021
Banks to remain closed for 14 days in April: Check dates here

The RBI listed bank holidays are not observed uniformly across the country, and varies from state to state. Only gazetted holidays are observed by banks all over the country Banks across India will remain closed for a total of 14 days in the coming month of April, according to the Reserve Bank of India (RBI) […]

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March 7, 2021
WhatsApp sends new reminders: Accept privacy policy by May 15 2021

Sources: Reuters WhatsApp has started sending new in-app notifications to users, reminding them to accept the new terms of service and private policies. The Facebook messaging app was supposed to roll out its new privacy policy by February 8. But it was delayed to May 15  when users' started raising privacy concerns. There were concerns […]

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March 3, 2021
Everstone Group Wins Back to Back Awards AGAIN

Everstone Group wins 'Firm of The Year - India' by Private Equity International for NINTH time Everstone Group wins 'Mid-Market Firm of The Year - Asia' by Private Equity International for FOURTH time Indospace Wins 'Firm of the Year in India' by PERE for SECOND year in a row Sameer Sain named as 'Investment Professional […]

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February 22, 2021
SC notice to Future Retail, others on Amazon's plea

New Delhi, Feb 22  The Supreme Court on Monday sought responses from Future Retail Ltd and others on Amazon's plea against the Delhi High Court direction to maintain status quo on the Future-Reliance deal. A bench comprising Justices R F Nariman and B R Gavai issued notices to Future Retail Ltd, Chairperson Kishore Biyani and […]

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February 19, 2021
Sensex drops over 250 pts in early trade; Nifty slips below 15,050

Mumbai, Feb 19 Equity benchmark Sensex dropped over 250 points in early trade on Friday tracking losses in banking and financial stocks amid negative cues from global markets. The 30-share BSE index was trading 281.86 points or 0.55 per cent lower at 51,042.83. Similarly, the broader NSE Nifty was quoting 87.25 points or 0.58 per […]

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February 17, 2021
India's startup founders should focus on creating institutions, not just valuations: PM Modi

Mumbai, Feb 17 : Prime Minister Narendra Modi on Wednesday urged India's startup founders to think how to create institutions and not focus on valuations alone. Addressing the Nasscom Technology and Leadership Forum here, Modi said that startups should not restrict themselves only to valuations on exit strategies. They should think of creating an institution that […]

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February 10, 2021
Railways rolls out AC 3-tier economy class coach

New Delhi, Feb 10  Railways on Wednesday rolled out its first air conditioned three-tier economy class coach which is being touted by the ministry to be synonymous with the cheapest and best AC travel in the world". These coaches, officials said, will be economical and in between the current AC three-tier and non-AC sleeper class. […]

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