The government has declared the IT resources of ICICI Bank, HDFC Bank and UPI managing entity NPCI as ‘critical information infrastructure’, implying any harm to them can have an impact on national security and any unauthorised person accessing these resources may be jailed for up to 10 years, according to an official notification. The Ministry … Read more
The seat pairs faced each other, while each seat also featured charging ports, cup holders, and earphone plugs. Inside the M600/SLS. Abby Wallace/Insider. Source link
It is not easy for an airline to turn a profit in India and a lot of issues such as fare caps and high taxes on aviation turbine fuel (ATF) have to be resolved, a senior IATA official said on Sunday. Philip Goh, Regional Vice President for Asia Pacific of International Air Transport Association … Read more
Almost all big players have shifted or plan to move their base to Tamil Nadu, but small-scale units and cooperative societies that have no other choice are finding the going tough Vasudevan K., 65, was born into a family of coir workers at Aryad, near Alappuzha. His first tryst with the golden fibre at a … Read more
Automated savings and investment platform Gullak has announced raising ₹10 crore in a pre-seed round led by Better Capital and Stellaris Ventures Partners. The round also saw participation from several angel investors such as Vimal Kumar and Sheetal Lalwani (co-founders at JusPay), Shan MS (chief growth officer, JusPay), Ramanathan RV (co-founder at Hyperface), Maya Kunnath … Read more
The Union Cabinet has approved the auction of airwaves capable of offering fifth-generation or 5G telecom services including ultra high-speed internet, and gave its nod for setting up of captive 5G networks by the big tech firms. The auction of over 72 GHz of the spectrum will be held by July-end, said an official … Read more
On the back of rising inflation numbers, US federal reserve has hiked interest rates by 75bps. Here are some key takeaways after today’s much-anticipated decision: – The US Federal Reserve has raised its benchmark rate by 75 basis points — the biggest increase since 1994 — to a range of 1.5%-1.75%. This comes in line … Read more
Venture capital firm Sequoia India and Southeast Asia has raised USD 2.85 billion – the highest ever in one tranche by any venture capital fund – to fund startups and other ventures in the region, the company said in a statement. Of the funds raised, USD 2 billion is dedicated to India across two funds, … Read more
The Indian pharma packaging industry has been urged to come up with effective solutions towards child safety and elder friendly packaging of pharmaceutical products to safeguard their interest and to aid the growth of the pharma industry. “Pharma packaging is one of the important stakeholders of pharma industry,” said H. G. Koshia, Commissioner, Food & … Read more