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Home  Business

Business

RBI appoints external IT firm for special audit of HDFC Bank’s IT infra

RBI appoints external IT firm for special audit of HDFC Bank’s IT infra

  • Robinhood raises $3.4B from investors amid surge in trading

    The funds are being provided by Ribbit Capital and several other venture capital firms, including Sequoia Capital, Index Ventures and ICONIQ Capital. The USD 3.4 billion figure includes $1 billion in funding that Robinhood announced Friday.
  • Wall Street’s GameStop bug may have mutated; silver surges

    Last week, there were messages on the Reddit forum WallStreet Bets and other places on social media encouraging small investors to buy silver. The metal shot up Monday, but many of the online investors said it wasn't them bidding up the price.
  • BPCL, Air India stake sale by Sept; LIC IPO post Oct: DIPAM Secy

    Targeting to raise Rs 1.75 lakh crore from the asset sale to finance projects aimed at reviving the pandemic battered economy, the government is also looking to sell Shipping Corp of India (SCI), IDBI Bank Ltd
  • French tyre major Michelin to hike tyre prices in India by 8%

    The price revision addresses the increase of raw material cost, natural rubber in particular, global transportation cost and other market factors, it added. "This increase is effective March 2021 and is applicable to all Michelin group brands," the tyre maker said.
  • HC directs Future Retail to maintain status quo on deal with Reliance

    Justice J R Midha said the court was satisfied that an immediate interim order was required to be passed to protect the rights of Amazon.
  • Amazon Great Republic Day Sale: 88K SMBs, artisans received orders

    About 65 per cent of these sellers during the sale, hosted from January 20-23, were from non-metro cities like Hamirpur in Himachal Pradesh, Tinsukia in Assam, Medak in Telangana, and Rajsamand in Rajasthan.
  • Tesla CEO Elon Musk takes a break from Twitter, again

    The tweet is a repeat of Musk's June 2020 tweet where he used the same words, to be back on the platform in two days.
  • SC orders disbursal of Rs 9K cr to unitholders of Franklin Templeton’s 6 MF schemes

    A bench of Justices S A Nazeer and Sanjiv Khanna said that the disbursal of money would be done in proportion to unitholders' interest in the assets.
  • Data of 26 lakh Airtel users from J&K leaked, company says no breach

    The data of Airtel customers contain telephone numbers, addresses, Aadhaar numbers and other details, according to the screenshots and a video shared by Rajaharia.
  • US smartphone market down 6% in Q4 despite record iPhone sales

    Q4 2020 was a particularly challenging quarter for many OEMs, especially those who manufacture devices for the prepaid and lower price band markets," Jeff Fieldhack, US Mobile Devices and Carrier Strategies Director at Counterpoint
  • 35% of smartphones sold in H1 2020 had chipset security: Report

    "A trusted execution environment (TEE) is a secure area of the main processor which runs its OS and communicates with the main OS via a restricted interface. The strong box approach is more secure," explained Research Vice President Neil Shah.
  • ‘65% working women feel Covid impacted their careers negatively’

    "Our survey has highlighted that the impact of Covid-19 on the Indian workforce has been detrimental, and female workers have suffered the brunt of this disproportionately, especially at junior levels," said Anuranjita Kumar
  • Canon launches seven new ink tank printers in India

    The new PIXMA G Series printers include the drip-free, hands-free ink refilling mechanism and a user-replaceable maintenance cartridge designed to ensure minimum downtime and maximum productivity for homes and businesses.
  • Indian exports grow by 5.4% in January 21

    The highest growth in exports has been observed in the engineering goods which is 18.7 per cent YoY amounting to $1.2 billion.
  • Bharti Airtel board to mull fund raising plans

    Last week, Bharti Airtel announced that its network is 5G ready now as the company successfully demonstrated live fifth-generation service
  • TVS launches intelliGO tech to switch off engine during idling

    The technology aims at providing comfortable, convenient and an environment-friendly ride experience to customers, the company said in a statement.
  • Study initiated to quantify tourism loss over COVID: Centre

    In a written reply to a query in the Rajya Sabha, Patel said the record of the revenue generated through tourism was not maintained by the ministry.
  • Dr Reddy’s Laboratories launch generic epilepsy drug in US market

    With a CGT designation, the company has a 180-day CGT exclusivity to market this product, he added.
  • Cement makers laud budget, say other requests were addressed

    For the first time, infrastructure spending is going deep into the South.
  • Samsung launches affordable Galaxy M02 smartphone in India

    As an introductory offer, consumers can avail a special discount of Rs 200 on Amazon.in for limited time, the company said in a statement.
  • India’s bigger Budget is a shot in the arm for economy: S&P

    But the brawny spending programme also entails higher-than-expected general government deficits -- at more than 14 per cent of GDP this fiscal year and 11.6 per cent in fiscal 2022.
  • Deficit targets in India’s Budget are higher: Fitch

    The government's prioritisation of fiscal support for the population's health and well-being, and ongoing economic recovery are understandable.
  • NCC gets orders worth Rs 1,200 crore

    Out of these, orders worth Rs 607 crore pertain to Water and Environment Division and order worth Rs 593 crore pertain to Buildings Division.
  • Xbox Series X console will be in short supply till June

    In an interview with The New York Times, Mike Spencer, Microsoft's head of investor relations, said that the supply of its new Xbox consoles would be constrained at least through June.
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