‘All apps under India stack safe’: Govt rejects Moody’s fears on Aadhaar
NEW DELHI: Amid concerns raised by Moody’s Investor Services over the safety of Aadhaar, the government has said that not only the biometric citizen identity system but all applications under “India stack” remain highly protected against cyberattacks despite the country…
Byju’s new CEO Arjun Mohan plans to merge businesses, slash around 5,500 jobs: Report
Byju’s to restructure business, more layoffs expected: Arjun Mohan, the recently appointed Chief Executive of Byju’s India, has wasted no time in taking charge of the edtech giant. Mohan’s strategy includes streamlining operations, and insiders suggest he plans to reduce…
US sues Amazon for ‘inflating online prices, harming consumers’
NEW DELHI: The US Federal Trade Commission on Tuesday filed a long-awaited antitrust lawsuit against Amazon.com, days after similar lawsuits were filed against Alphabet’s Google and Meta Platforms’ Facebook.According to reports US regulators and 17 states alleged that Amazon’s policies…
India one of most competitive markets; IndiGo seeks to become more global: Pieter Elbers
NEW DELHI: India is an incredible and one of the most competitive aviation markets in the world, IndiGo CEO Pieter Elbers said on Tuesday and asserted that the airline is seeking to become bigger and more global.The chief of the…
High-level USFDA delegation visits Divi’s Labs manufacturing facilities in Hyderabad
HYDERABAD: In what is perhaps a first, a high-level delegation of the US drug regulator US Food & Drug Administration, led by its commissioner Dr Robert M Califf visited the manufacturing facilities of Hyderabad-based active pharmaceutical ingredients (API) manufacturer Divi’s…
Mukesh Ambani’s children will be paid fee for attending board meetings, won’t get salary: RIL resolution
NEW DELHI: Reliance Industries Ltd has sought the shareholders’ nod for the appointment of Mukesh Ambani’s three children to the company’s board.According to a resolution by RIL, Akash and Isha (both 31) and Anant (28) will receive compensation solely in…
Afforestation: Anupam Rasayan signs 3 MoUs with Gujarat government for afforestation
AHMEDABAD: Homegrown custom synthesis and specialty chemicals player, Anupam Rasayan on Tuesday announced the company has signed three MoUs with the state government for afforestation on 15 hectare land in three districts of Gujarat. As part of the project, afforestation…
Sensex, Nifty tread water as rate worries dent risk appetite
BENGALURU: Indian benchmark Nifty traded in a narrow range on Tuesday as traders held off making big bets amid continued selling by foreign investors, while domestic institutional buying offered some cushion.The Nifty 50 ended down mostly unchanged at 19,664.70 points,…