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Mumbai cyber police arrested 6 for creating 123 fake sites to dupe citizens

City cyber police have busted an online fraud racket and arrested its six members from Bihar and West Bengal, including a software engineer for duping people on the internet using fake websites. ...

Wipro & Tel Aviv University ink MoU for research in quantum computing

Wipro has signed a Memorandum of Understanding (MoU) with Israel’s Tel Aviv University for research and analysis in quantum science and technology. According to the MoU...

Traders' Body demand for special tax of 5% on E-Tailers

A traders' body said, owners of small businesses have demanded imposition of a special tax of 5% on online retailers and lowering of income tax rate to 22% on partnership and Limited Liability Partnership firms in the next Union budget to help them survive....

Nykaa may come up with an IPO this year

The beauty startup company, Nykaa is planning for an initial public offering this year. As per the people familiar with this matter, this may value the company at a minimum $3 billion....

Telangana witnesses another suicide at hands of loan app firms

36-year-old G Chandra Mohan from Kamareddy district was found hanging at his home in Gundla Pochampally on Saturday. He was rushed to a hospital by his family, but was declared brought dead by doctors. Inspector of Petbasheerabad police station, S Ramesh...

Bitcoin crosses $34,000 into New Year

Bitcoin has topped $34,000 just weeks after passing another major milestone. The currency gained as much as 9.8% to $34,792.48, before slipping to about $33,500 as of 3:05 p.m. on Sunday in London. It advanced almost 50% in December, ...

"All COVAXIN recipients to be tracked, monitored as if they’re in trial": Health Minister answers to critics

Health Minister Dr Harsh Vardhan responded to opposition’s criticism on the Drugs Controller General of India’s (DCGI) approval for emergency use of the two Indian COVID-19 vaccines - Covaxin and Covishield through a tweet....

Indian Army outreaches start-ups in emerging technologies

The Indian Army, in collaboration with the Society of Indian Defence Manufacturers (SIDM), has conducted an outreach webinar for startups in emerging technologies. 89 startups pitched their indigenously developed innovations, ideas and proposals to Indian Army through virtual presentations in webinar format from 17 to 28 Dec 2020....

Individual users not to get penalty or punishment for using banned mobile apps

On 24 September, 2020 118 more apps were banned (including PubG) under section 69A of the Information Technology Act. Last month, the Ministry blocked 43 more apps citing security concerns. But there is no penalty prescribed for individual users of...

3i Infotech Announces Sale of its Software Products Business

3i Infotech Limited, a global information technology company, today announced that it has entered into definitive agreements to sell its Software Products business to funds advised by Apax Partners, for a total consideration of INR 10 billion. The Software Products ...