Tag Archives: over

Over 2,000 Indian firms joined Dubai business chamber in first six months of 2019

Over 2,000 Indian companies joined the Dubai Chamber of Commerce and Industry (DCCI) as new members in the first six months of 2019, marking an 18 percent increase compared to the same period last year, the business body said on Thursday. The 2,208 new Indian firms accounted for 24.4 percent of the new member companies that registered with… Read More »

Tatas complete take over of Usha Martin’s steel business

Tata SpongeNSE 2.68 % has said it has completed the acquisition of Usha MartinNSE 2.84 %’s steel business undertaking including captive power plants, on Tuesday, April 09, 2019. The deal was completed “pursuant to a cash consideration of Rs 4094 crore payable to UML after adjustment for negative working capital and debt like items,” Tata Sponge said in an official… Read More »

Gautam Singhania spills beans on his tiff with father, chose business over family

Last month, Gautam Singhania resigned as chairman from all group companies to help build an organisation, which can function effectively without the participation of the promoter File photo  |  Photo Credit: BCCL New Delhi: Gautam Singhania, promoter and chairman of Raymond Ltd, shed some light on the intricacies of running the family business and the obstacles he overcame in… Read More »

Twitter Said to Be Suspending Over 1 Million Accounts Per Day in Bid to Battle Fake News

Twitter has sharply escalated its battle against fake and suspicious accounts, suspending more than one million accounts a day in recent months, a major shift to lessen the flow of disinformation on the platform, according to data obtained by The Washington Post. The rate of account suspensions, which Twitter confirmed to the Post, has more than doubled since October,… Read More »

Facebook Must Face Class Action Over Facial Recognition: US Judge

A US federal judge ruled on Monday that Facebook must face a class action lawsuit alleging that the social network unlawfully used a facial recognition process on photos without user permission. The ruling adds to the privacy woes that have been mounting against Facebook for weeks, since it was disclosed that the personal information of millions of users was harvested by the political… Read More »

Android Bug Hunter Awarded Over $100,000 for Exposing Security Flaw in Google Pixel

Google has awarded $112,500 (roughly Rs. 71,83,300) to a security researcher for exposing a security flaw in Google Pixel smartphones. Guang Gong, in August 2017 submitted an exploit chain through the Android Security Rewards (ASR) programme. It was the first working remote exploit chain since the search giant has expanded the ASR program. Gong was awarded $105,000 (roughly Rs. … Read More »

New Zealand’s winter shorter by a month over 100 years

New Zealand’s winter has gotten shorter by a month over the last 100 years, meaning “true winter” weather with very low temperatures, frosts and snow starts significantly later in the year and ends earlier. Brett Mullan, from the National Institute of Water and Atmospheric Research (Niwa), crunched the temperature records from two 30-year-periods over the last century to… Read More »

Japan anger over South Korea’s shrimp surprise for Donald Trump

The menu at South Korea’s state banquet for Donald Trump has left a nasty taste in Japan, after the president was served seafood caught off islands at the centre of a long-running territorial dispute between Seoul and Tokyo. Japanese officials have also complained about the decision to invite a former wartime sex slave to the event, held earlier this week during the… Read More »

Apple, Others Warn EU Over Patent Fees Guidelines That Favour Qualcomm, Ericsson

Apple, Volkswagen, BMW, and Daimler have warned EU regulators that adopting patent fee guidelines which favour Qualcomm and Ericsson could hurt consumers and hinder innovation. The companies’ lobbying group, the Fair Standards Alliance (FSA), voiced their concerns in a letter dated Oct. 16 to European Commission President Jean-Claude Juncker, Competition Commissioner Margrethe Vestager, Industry Commissioner Elzbieta Bienkowska and their colleagues. The move comes as the EU… Read More »

Honda reaches $605 mn settlement over defective airbags

Japanese carmaker Honda reached a $605 million settlement in a lawsuit over defective airbags in millions of cars on American roads, the legal team for the victims said Friday. Honda joins Nissan, Toyota, BMW, Mazda and Subaru in agreeing a deal to settle a lawsuit, replace the defective airbags from now-bankrupt Takata, and to compensate car owners. The… Read More »