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Time to transform cybersecurity as good vs bad GenAI debate rages

Feb 3, 2024

Bangkok, Feb 3 (IANS) As industries, governments and law enforcement agencies all over the world struggle to keep up with the vast and ever-evolving cybercrime ecosystem, specialist cyber defenders building and upgrading firewalls, say that sensitisation and prevention are always better than cure. And it is the Generative AI itself that can do the…

Jeff Bezos to sell 50 mn Amazon shares in next 12 months

Feb 3, 2024

San Francisco, Feb 3 (IANS) Amazon founder Jeff Bezos is planning to sell at least 50 million company shares in the next year, the media reported. According to a filing with the US Securities and Exchange Commission (SEC), Amazon, where…

Business

Zoom lays off 150 employees, Okta slashes 400 jobs

Feb 3, 2024

New Delhi, Feb 3 (IANS) Video communication platform Zoom is laying off nearly 150 employees, or less than 2 per cent of the company’s workforce.Zoom said the layoffs are not company-wide and it will continue to hire for roles in artificial…

Business

Zomato CEO Deepinder Goyal buys 2 plots worth Rs 79 cr in New Delhi

Feb 2, 2024

New Delhi, Feb 2 (IANS) Zomato co-founder and CEO Deepinder Goyal has reportedly bought two plots of land (about 5 acres each) worth Rs 79 crore in Mehrauli area of the national capital. Goyal apparently paid stamp duty worth Rs 5.24 crore…

Business

ESAF Small Finance Bank, Edelweiss Tokio Life sign deal

Feb 2, 2024

Kochi, Feb 2 (IANS) In a move towards enhancing the financial solutions available to customers, ESAF Small Finance Bank on Friday announced a bancassurance partnership with Edelweiss Tokio Life Insurance. ESAF is a small finance bank…

Business

RBI issues warning against fraud through KYC trick

Feb 2, 2024

Mumbai, Feb 2 (IANS) The Reserve Bank RBI on Friday cautioned the general public against frauds in the name of KYC updation as more incidents are being reported of customers being cheated through this malicious practice.The modus operandi…

Business

Tata Motors Q3 net profit surges more than 2-fold to Rs 7,025 cr

Feb 2, 2024

New Delhi, Feb 2 (IANS) Tata Motors on Friday announced a more than two-fold increase in its consolidated net profit at Rs 7,025 crore for the October-December quarter of the current financial year driven by strong sales in its UK luxury…

Business

‘Constrained financially, government will not be in a position to offer tax reliefs post…

Feb 2, 2024

Chennai, Feb 2 (IANS) The Central government may not offer any tax relief or concessions even in the post-election full budget owing to its financial constraints, said a top economist at credit rating agency Acuite Ratings & Research.…

Business

Rationalisation of tariff lines, import duties big leap towards ease of doing biz: ICEA

Feb 2, 2024

New Delhi, Feb 2 (IANS) The recent announcement regarding adjustment of basic customs duty to 10 per cent on parts of mobile phones and mechanics symbolises the start of a paradigm shift in the approach in policy formulation of the…

Business

Nifty ends Budget week 2.35% higher after falling for two straight weeks

Feb 2, 2024

Mumbai, Feb 2 (IANS) The Nifty ended the Budget week higher (2.35 per cent) after falling for two straight weeks, said Deepak Jasani, Head of Retail Research at HDFC Securities.Nifty ended on a positive note though off the intra-day high in…

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