At least one connection opened by Chinese state-sponsored hackers into the network system of an Indian port is still active, even as authorities block attempts to penetrate the nation’s electrical sector, according to the US firm that alerted officials. As of Tuesday, Recorded Future could see a ‘handshake’ — indicating an exchange of traffic — … Read more
Microsoft Corp. chief executive officer Satya Nadella has highlighted the need to “foundationally transform” how cloud technologies can drive the next level of economic growth, as the world witnesses a second wave of digital transformation. “The true test of technology has always been whether organizations can improve their time to value, increase agility, and reduce … Read more
The campaign epitomises the challenges facing bilateral trade ties, U.S. Congress told The U.S. tried to resolve “long-standing market access impediments affecting U.S. exporters” with India during 2020, says the 2021 President’s Trade Agenda and 2020 Annual Report — an annual report submitted by the U.S. Trade Representative (USTR) to Congress. The report terms India’s … Read more
In a sign that more flights, perhaps even international, could be allowed soon, Air India has cancelled leaves of its pilots with immediate effect. The airline sent an order to its pilots on Monday, saying “all leave for cockpit crew stands withdrawn with immediate effect. However, leave may be granted in extreme cases depending on … Read more
With interest rates bottoming out and the economy picking up, opportunities for higher returns may open up The spotlight has been on stock markets since the Budget presentation and subsequent stock swings have given palpitations to the adventurous. But this Budget had some significant signals for fixed income investors too, which have flown under the … Read more
Demand for shopping savings app Fetch Rewards skyrocketed during the pandemic. That led to an $80 million fundraising haul last November, led by Iconiq Growth. Now, the company is in talks for another round that could more than double its old valuation. Visit the Business section of Insider for more stories. When Wes Schroll went … Read more
Infra.market, a construction materials focused online marketplace that sells mostly its own brands, is the latest to join the unicorn club in the country with the latest USD 100 million funding led by Tiger Global, valuing it at USD 1 billion. The Thane-based online marketplace founded in 2016 has reached the coveted unicorn status within … Read more
Regulator SEBI on Wednesday sought comments on the proposal to introduce the concept of ‘accredited investors’ in the Indian securities market. The comments can be sent to the regulator in a prescribed format latest by March 18, it said in a consultation paper. SEBI noted that accredited investors, also called qualified investors or professional investors, … Read more
A new report by Boston Consulting Group (BCG) says India’s consumption market is back on the growth track after a year, having been disrupted by the pandemic. While growth projection for the consumption market was made before Covid-19 struck, BCG says that the economy has completely unlocked and there has been an uptick in demand … Read more