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Government to hold 33% stake in Vodafone Idea post equity conversion
The government will hold around 33% in Vodafone Idea, post-conversion of its accrued interest liability into equity, while the telco’s promoters, UK’s Vodafone Plc and India’s Aditya Birla Group, will collectively hold 50% in the company. ...
Palo Alto Networks calls on the industry for adoption of ZTNA 2.0
Palo Alto Networks has urged the industry to move to Zero Trust Network Access 2.0 (ZTNA 2.0) — the foundation for a new era of secure access. ZTNA was developed as a replacement for virtual private networks (VPNs) when it became clear that most VPNs did not adequately scale and were overly permissive....
DoT issues SOP for deduction verification
The Department of Telecommunications has issued a Standard Operating Procedure (SOP) to ensure greater levels of standardization, efficiency as well as transparency and accountability in the deduction verification process. ...
Pfizer to pay $11.6 billion for Biohaven
Pfizer will pay $11.6 billion to buy migraine pill maker Biohaven Pharmaceutical, marking the biggest deal by the company since 2016 to beef up its portfolio ahead of patent losses for some cancer drugs. ...
FBI says $43Bn losses are due to BEC fraud
The FBI released a public service announcement revealing that business email compromise (BEC) attacks caused domestic and international losses of more than $43 billion between June 2016 to December 2021, with a 65% increase in losses between July 2019 and December 2021....
BharatPe to file Criminal Cases against employees
Payments startup BharatPe said that its board had recommended several measures, following a corporate governance review, including termination of several employees and vendors and filing criminal cases against them for misconduct. ...
Instagram to start testing NFTs
Instagram will start testing digital collectables to enable creators and collectors to display their non-fungible tokens on their profiles. ...
Microsoft to launch cloud streaming device by 2023
Microsoft will be launching a new device within the next year specifically to stream games directly to users' TVs to boost its cloud gaming efforts. The platform’s planned device will be similar to the Amazon Fire stick or Roku's puck, and will also allow you to access movie and TV services. ...
U.S. offers $10Mn for information on Conti Ransomware Hackers
The U.S. State Department has announced rewards of up to $10 million for any information leading to the identification of key individuals who are part of the infamous Conti cybercrime gang. It is offering another $5 million for intelligence information that could help arrest or convict individuals who are conspiring or attempting to affiliate with the group in a ransomware attack....
Supreme Court permits GMR Group to operate Nagpur airport
GMR Group has gained the permit as the Supreme Court cleared the decks for it to operate the Babasaheb Ambedkar International Airport in Nagpur. The apex court upheld the Bombay High Court’s decision to quash the state-owned MIHAN India’s order cancelling a contract awarded to the airport developer to operate the Nagpur airport....