In much-awaited relief to Reliance Communications (RCOM), the Supreme court on Thursday cleared the decks for the sale of its spectrum and optical fibre assets to Reliance Jio Infocomm as it vacated a stay granted by the High Court. The bench comprising Justice Adarsh Kumar Goel and Justice Rohinton Fali Nariman vacated the stay by the ...
Indian e-tail major Flipkart on Thursday announced its tie-up with leading online travel company MakeMyTrip for travel bookings. "Through the partnership, users can now make travel bookings through MakeMyTrip's services using Flipkart's mobile application," an official from MakeMyTrip told IANS here. The partnership will be rolled out with...
Although the number of data breaches dropped by nearly 25 per cent in 2017, Cloud-related cyber attacks saw a significant 424 per cent jump largely owing to human error, a report by technology giant IBM said on Thursday. According to the report by IBM Security titled "2018 IBM X-Force Threat Intelligence Index", "As cybercriminals shif...
Bharti Airtel has appointed Santanu Bhattacharya as its Chief Data Scientist, a company statement said here on Thursday. Santanu has a Ph.D. from NASA's Goddard Space Flight Center, is an MIT Sloan and MIT Media Lab alum and BTech from IIT (Bombay). In his new role, Santanu will be responsible for leveraging data science capabi...
Ahead of the outcome of the RBI monetary policy meet later Thursday, the barometer 30-scrip Sensitive index (Sensex) of the BSE surged over 400 points tracking positive cues from the Asian markets, along with healthy buying in metals, auto and banking stocks. The other benchmark index -- the NSE Nifty50 -- edged higher by almost 150 ...
Facebook has admitted that information of up to 87 million people, mostly in the US, may have been improperly shared with the British political consultancy firm Cambridge Analytica. In a press conference on Wednesday, Facebook CEO Mark Zuckerberg said that they did not put out the 50 million number as previously reported. "That came fro...
Key Indian equity indices tumbled during the late-afternoon session on Wednesday to provisionally close on a lower note after further trade protectionist measures were imposed on each other by two major global economies. Besides, investors remained cautious ahead of the outcome of the central bank's first bi-monthly monetary po...
The BSE Sensex tumbled over 300 points during the afternoon trade session on Wednesday as investors were cautious over escalating fears of a trade war among major global economies, as well as ahead of the outcome of the central bank's first bi-monthly monetary policy of 2018-19 (on Thursday). While all the sectoral indices slumped, the S&...
External Affairs Minister Sushma Swaraj will meet the Chief Ministers of all northeastern states on May 4 to discuss trade, connectivity and other issues vis-a-vis neighbouring countries, an official said on Wednesday. "Tripura Chief Minister Biplab Kumar Deb was told about the proposed meeting when he met her in New Delhi on...
Less than half of the staggering Rs 9 lakh crore worth of non-performing assets (NPAs), or bad loans, accumulated by banks had returned due to the system set in place by the Insolvency and Bankruptcy Code (IBC), 2016, the government said on Wednesday. The figure was revealed by Corporate Affairs Secretary Injeti Srinivas at the c...
