Cloudtail, an Amazon India seller facing a tax demand of Rs 56 crore
According to the reports on Monday, one of Amazon India’s most popular vendors, Cloudtail is facing a tax demand of almost Rs 56 crore.
Amazon India and Infosys co-founder NR Narayana Murthy’s...
PhonePe and SEBl lodges a complaint against Ventureast fund
A formal complaint has been filed against Ventureast by PhonePe and SEBI (market regulator) on Saturday. Claiming that Affle's "side transactions" with PhonePe constitute a "deliberate bad faith endeavor" to sabotage...
Govt claims email system ‘safe and secure,’ denies NIC data breach
According to an official press release on Sunday, the government claims that there has been no data breach into the email system controlled by the National Informatics Centre (NIC).
While denying the...
Chinese support behind the cyberattacks on SITA and Air India
APT41, a Chinese state-sponsored threat actor has been connected to a recent hack against SITA, an air travel solution software company, and many airlines including AirIndia.
For over 90% of the world’s...
Speculated decisions to ban TikTok and Wechat upturned by the Biden administration
On June 9, the officials released the news of the White House having dropped Trump-era executive orders on banning the popular apps TikTok and WeChat and will conduct its own review...
Amazon and Flipkart’s appeal against the CCI inquiry, rejected by the Karnataka High Court
The petition filed by Flipkart and Amazon against the Competition Commission of India (CCI) to stop it from investigating their business practices was declined by the Karnataka High Court. The judgment...
Health Ministry rejects the report of CoWin data breach- calls “Incorrect and Baseless”
According to the Ministry of Health, CoWin holds all immunization data in a safe and secure digital environment, which dismissed accusations of a data breach as "incorrect" and "baseless."
On Thursday, reports...
COVID-19 repercussions: BookMyShow fires 200 people as its business suffers a setback
According to the tweet made by co-founder and chief executive Ashish Hemrajani on Thursday, BookMyShow has laid off 200 of its employees. It is a famous and well-known app for booking...
Index, a personal finance company, acquired by Niyo
Bengaluru- based personal finance startup Index has been acquired by Digital Banking Fintech Niyo. After acquiring Goal-wise back in 2022, this is Niyo's second purchase. However, the company has not disclosed...
SBI invests in Cashfree for an undisclosed amount
As part of its efforts to promote digital payments, State Bank of India has made an undisclosed investment in digital payments and banking technology startup Cashfree.
Sources state that the lender...
