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IndusInd Bank gets selected as agency bank to RBI

IndusInd Bank has been empanelled by the Reserve Bank of India (RBI) to act as an ''Agency Bank'' to facilitate transactions related to government businesses. It will strengthen the bank's presence within the government domain. ...

Advanced Technology Ventures with $1.8B in assets was hit by ransomware

Advanced Technology Ventures was hit by a ransomware attack in July that saw cybercriminals steal personal information on the company’s private investors, or limited partners (LPs). The company is a Silicon Valley venture capital firm with more than $1.8 billion in assets under its management....

Reliance Retail Ventures Limited acquires controlling stake in Just Dial for a total consideration of Rs 3,497 Crores

Reliance Retail Ventures Limited (“RRVL”), Just Dial Limited (“Just Dial”) and VSS Mani & others, have executed definitive agreements which will entail:...

We want to be the best partner for our partners, says Satya Nadella at Inspire 2021

In the Microsoft Inspire 2021, CEO Satya Nadella spoke about the strong growth across its Azure, Microsoft 365, Dynamics 365 and security businesses-with more than 95% of the company’s commercial revenue continuing to be “influenced” directly or indirectly by partners...

IBM acquires Bluetab to expand hybrid cloud service offerings

IBM announced another acquisition of Bluetab to expand its portfolio of data, cloud, and analytics services. With this it will further advance its hybrid cloud and AI strategy across Europe, Latin America, and North America. Bluetab will become a strategic part of IBM's data services consulting practice to further advance its hybrid cloud...

Imminent' ransomware targeting firmware, says Sonicwall

SonicWall sent out an urgent notice to its customers about "an imminent ransomware campaign using stolen credentials" that is targeting Secure Mobile Access (SMA) 100 series and Secure Remote Access (SRA) products running unpatched and end-of-life 8.x firmware....

Zomato IPO received a strong response from the investing community

Paytm Money, offering the Zomato IPO from July 14th to 16th, has uncovered some interesting demographic insights on Indian Capital Markets, based on a study of investors who successfully completed the Zomato IPO application on its platform on day 1. ...

Digital transformation is shaping up the payments industry

The COVID-19 pandemic has accelerated the shift of the digital payments industry further, which is evident from the rising digital payments globally, and in India....

Vinay Prakash to head as the Resident Grievance Officer for India in Twitter

Twitter has named Vinay Prakash as its Resident Grievance Officer for India, according to the company's website....

Cisco Acquires Socio Labs, to combine with Webex

U.S-based Socio Labs’ event technology platform assists organizers to conduct virtual, in-person as well as hybrid events with varying size of attendees and in different formats. Post the acquisition, Socio Labs’ team will merge Cisco’s Collaboration Group....