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Delhi Police arrests 2 people for running fake voter ID website

Delhi Police busted a gang running a fake website voteridcard.ebharatseva.in and arrested two persons Ankit Kumar Pal (26) and Manmohan Singh (22), who were allegedly behind the fraud in Uttar Pradesh. Police said both men managed to cheat over 10,000 people till date....

Carlyle Group to acquire Involta

Global investment firm Carlyle announced it has agreed to acquire Involta, a data center company focused on hybrid IT and cloud infrastructure, including data center colocation, hybrid cloud, edge, fiber, and related products....

Foxconn's Indian unit Bharat FIH files for an IPO

Bharat FIH, the domestic arm of Hong Kong-listed FIH Mobile Ltd, filed for an initial public offering worth Rs 5,000 crore. Bharat FIH is one of the top domestic electronic manufacturing services companies in the country. ...

I-T Dept raids offices of Chinese mobile firms in India

The Income Tax department is conducting searches on leading Chinese mobile companies across the country. The search operations were conducted based on intelligence inputs of concealed income and tax evasion....

Samsung succeeds Intel as top chipmaker by revenue

Samsung Electronics took over the top spot in the global semiconductor market by revenue in the third quarter for memory chip sales, replacing Intel which had been the top chipmaker for 11 straight quarters....

OfBusiness raises $325Mn at $5Bn valuation

B2B E-commerce platform OfBusiness has raised $325 million in its Series G round led by Alpha Wave Ventures II, Tiger Global Management and Softbank Vision Fund 2. The fresh proceeds have been raised at a valuation of approximately $5 billion....

6 lakhs cybercrimes complaints have been received: Amit Shah

Addressing a meeting of the Advisory Panel to discuss ‘Cyber Crimes: Threats, Challenges and Response’, Home Minister Amit Shah said that the National Cyber Crime Threat Analytics Unit has so far blocked 266 mobile applications considered to be a threat to cyber security. ...

Piyush Somani elected as the President of CCICI

The Cloud Computing Innovation Council of India known as CCICI has announced the appointment of the professional society’s new President - Piyush Somani, ESDS Software Solution Limited. Mr. Somani is the Managing Director and Chairman of India’s leading managed cloud service and end-to-end multi-cloud requirements provider (Source: Ken Research Report). ...

CCI suspends Amazon’s deal with Future Coupons, imposes 200 crore penalty

The Competition Commission of India suspended its more than two-year-old approval for Amazon's deal to acquire stakes in retailer Future Coupons Private Limited. ...

To attract 18% GST, many products and equipments used for carrying Covid shots

A tax ruling has said that unless products and equipment are specifically manufactured for the sole purpose of Covid vaccination, they should attract additional taxation. Tax experts say this is set to increase Goods and Services Tax (GST) on equipment used for Covid vaccination programmes....