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DoT returns bank guarantees of Airtel, Vodafone Idea and Jio worth Rs 9,200 crore
As a big relief to telecom operators, the Department of Telecom (DoT) has returned the bank guarantees of around Rs 9,200 crore of Bharti Airtel, Vodafone Idea and Reliance Jio deposited for the licence fee and spectrum usage charges, official sources said....
FTC sues to block $40 billion acquisition of Arm by Nvidia
Federal Trade Commission sued to block U.S. chip supplier Nvidia Corp.’s $40 billion acquisition of U.K. chip design provider Arm. Semiconductor chips power the computers and technologies that are essential to our modern economy and society. The proposed vertical deal would give one of the largest chip...
Jio writes to TRAI regarding hurdles created by Vi for its users who are keen to port
Reliance Jio has written a complaint to the industry watchdog Telecom Regulatory Authority of India stating that Vodafone Idea (Vi) is making it difficult for entry-level customers to port out to a different telecom provider. ...
Swiggy to pour in $700 million in quick commerce service Instamart
Swiggy has announced that it will pour in $700 million (about Rs 5,250 crore) in its express grocery delivery service Instamart. ...
Gartner Identifies Three Key Focus Areas for CIOs to Drive Value
To accelerate value creation, CIOs and IT executives should focus on three key areas – leading from anywhere, nurturing connections and reaching beyond, according to Gartner, Inc. ...
Parag Agarwal replaces Jack Dorsey as the CEO, Twitter
We have seen the success of the global technology giants like Google, Microsoft, Adobe, IBM, Palo Alto Networks, and now the most popular Twitter also run by CEOs who grew up in India. ...
Facebook India executives to depose before parliamentary panel
Top executives of Facebook India are expected to depose before a parliamentary panel chaired by senior Congress leader Shashi Tharoor. ...
IPOs of six companies including Medplus Health Services, Fusion Microfinance gets SEBI approval
Six additional companies have had their initial public offerings (IPOs) approved by India's market regulator, the Securities and Exchange Board of India (SEBI). ...
Pentagon invites AWS, Google, Microsoft and Oracle to bid for cloud project
The US Defense Department has asked Amazon Web Services, Microsoft, Google, and Oracle to submit bids for a new, multi-billion-dollar cloud contract Joint Warfighting Cloud Capability (JWCC)....
PNB Server exposed personal information of over 180 million customers
According to cyber security firm CyberX9, a vulnerability in the server of Punjab National Bank (PNB) allegedly exposed the personal and financial information of its about 180 million customers for about seven months. The vulnerability provided access to the entire digital banking system of PNB with administrative control. Meanwhile, the bank has confirmed the glitch but denied any exposure of critical data....