Government Cracks Down on Digital Fraud: Suspends 70 Lakh Mobile Numbers
In a significant move to combat digital fraud, the Indian government has suspended 70 lakh (7 million) mobile numbers due to suspicious transactions. Financial Services Secretary Vivek Joshi announced this decision following a high-level meeting focused on financial cyber security and the rise in digital payment fraud.
Boosting ‘Make in India’: Netweb’s Game-Changing Deal with Nvidia
Netweb Technologies India Limited (Netweb), a leading Indian OEM in high-end computing, has recently announced a groundbreaking partnership with American technology giant Nvidia.
Godrej & Boyce’s Green Revolution: Aiming for 50% Revenue from Sustainable Products by 2032
Godrej & Boyce, a prominent entity within the Godrej Group, recently announced its transformative sustainability targets for 2032.
“AWS Cloud Powers HDFC Securities’ Innovative Trading App HDFC SKY
HDFC Securities, a leading investment service provider in India, has launched its new mobile trading application, HDFC SKY, leveraging the cloud capabilities of Amazon Web Services (AWS).
TCS Ordered to Pay $210 Million in Trade Secret Case with DXC Technology
Tata Consultancy Services (TCS), one of India’s leading IT services companies, has been ordered to pay a significant fine of $210 million to DXC Technology in a trade secret lawsuit.
India’s Solar Surge Slows: A 47% Decline in Installations in 2023
India experienced a significant decline in solar capacity installations during the January to September period of 2023, with a reported fall of 47% to 5.6 gigawatts (GW).
IIFL Samasta Launches Rs 1,000 Crore Bond Issue for Growth and Expansion
IIFL Samasta Finance, a subsidiary of IIFL Finance, is set to raise Rs 1,000 crore through its maiden public bond issue. The bond issue, offering an interest rate between 9.6% and 10.5%, aims to support the company’s growth and capital augmentation. I
Rocky Times: Karnataka’s Granite Industry Faces Unprecedented Crisis
Karnataka’s annual granite exports, valued at Rs 2,000 crore, have halved to just Rs 1,000 crore in the financial years 2021-22 and 2022-23 due to these multiple international crises.
A New Year’s Trend in Auto: Maruti, Tata, Audi to Elevate Prices from January 1
Major Indian and international automobile manufacturers, Maruti Suzuki, Tata Motors, and Audi, have announced price hikes for their vehicles starting January 1, 2024
IEA Projects a Drastic 75% Cut in Oil and Gas Use by 2050 for Climate Goals
A Bold Move Towards 1.5°C Target as Global Energy Landscape Transforms