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JioMart to transform into e-commerce
Reliance Retail’s digital commerce platform JioMart will morph into an e-marketplace offering multiple brands like electronics, consumer durables, fashion and lifestyle, beauty, home, kitchen, and grocery. ...
TSSC partners with Huawei to set up Centre of Excellence in Patna
The Telecom Sector Skill Council (TSSC) has opened a centre of excellence (CoE) at NIT Patna in collaboration with Huawei Technologies for capacity building in the telecommunication sector....
Hackers had internal access to LastPass for four days
Sharing more details about the security incident last month, password management solution LastPass disclosed that the threat actor had access to its systems for a four-day period in August 2022. ...
Private sector firms should clear MSME dues in 45 days: Finance Minister
Union Finance Minister Nirmala Sitharaman has asked the private sector to clear dues of micro, small and medium enterprises within 45 days. She appealed to them to ensure that the dues of smaller businesses that are the backbone of the economy are cleared in time....
Centre to bring Card-on-File Tokenisation norms into effect from 1st Oct
In efforts to make financial transactions by debit and credit cards more secure, the RBI is ready to bring its card-on-file tokenisation (CoF) norms into effect from 1 October, 2022 to fight against online fraud....
A man mistakenly gets Rs 11,677 Cr in his Demat account
An Ahmedabad citizen got a lottery of Rs 11,677 crore in his Demat account with Kotak Securities. The bank has not commented about the incident yet. The man has been investing in the stock market for the last five to six years. ...
Sigmoid raises $12Mn in Series B funding
Sigmoid has raised $12 million in a Series B round from Sequoia Capital India in a mix of primary and secondary funding. Sigmoid leverages data engineering and artificial intelligence to build solutions that help organisations make data-based decisions. ...
Adden Energy develops EV battery that charges in 3 minutes and lasts 20 years
Harvard-backed startup Adden Energy, has developed a battery for electric cars that is capable of fully charging in three minutes and lasting for 20 years....
Commvault assigns Alan Atkinson as Chief Partner Officer
Commvault announced that data protection industry veteran Alan Atkinson has joined the company as Chief Partner Officer. Atkinson will report to Riccardo Di Blasio, Commvault’s Chief Revenue Officer. ...
Companies looking to shift operations to India: FM
Union Finance Minister Nirmala Sitharaman said that overseas companies are looking to move out from China and set up their operations in India. Policies like production-linked incentive (PLI), tax cuts have been provided to support the private industry in India....