Internet

The NCLAT on Monday concluded its hearing over the petition filed by Google, in which the tech giant challenged the Competition Commission’s order imposing a Rs. 1,337.76 crore penalty for anti-competitive practices in relation to Android mobile devices. A two-member bench of the National Company Law Appellate Tribunal (NCLAT) was conducting the hearing on a
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The Enforcement Directorate Friday said it has filed a charge sheet against payment gateway Razorpay, three fintech companies controlled by Chinese nationals and as many NBFCs and some others in a money laundering probe linked to Chinese loan apps which allegedly cheated numerous people. The federal probe agency said in a statement that the special
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Capital markets regulator SEBI has made stringent norms for Foreign Portfolio Investors (FPIs), asking them to disclose any material change in their structure and common ownership within seven working days. With regard to new FPI registrations, the Securities and Exchange Board of India (SEBI) can ask them for any additional documents which may be required,
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Indian digital payments firm PhonePe said on Friday it has raised $200 million (nearly Rs. 1,650 crore) from majority backer Walmart at a pre-money valuation of $12 billion (nearly Rs. 99,000 crore). PhonePe, already India’s most valuable payments firm and among the country’s most highly-valued startups, said the investment is part of its ongoing fundraise of
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Indian digital payments firm PhonePe said on Friday it has raised $200 million (roughly Rs. 1,650 crore) from majority backer Walmart at a pre-money valuation of $12 billion (roughly Rs. 98,997 crore). PhonePe, already India’s most valuable payments firm and among the country’s most highly-valued startups, said the investment is part of its ongoing fundraise
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Russian hackers appear to be preparing a renewed wave of cyberattacks against Ukraine, including a “ransomware-style” threat to organizations serving Ukraine’s supply lines, a research report by Microsoft said on Wednesday. The report, authored by the tech giant’s cyber security research and analysis team, outlines a series of new discoveries about how Russian hackers have
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Meta Platforms is cutting off support for digital collectibles or non-fungible tokens (NFTs) on its platforms less than a year after rolling it out, as the crypto market continues to spiral. “We’re winding down digital collectibles (NFTs) for now to focus on other ways to support creators, people, and businesses,” the social media firm’s fintech
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Ride-hailing service providers Ola and Uber have applied to the Maharashtra government for aggregator licences, a Regional Transport Office (RTO) official said here on Friday. Sets of guidelines brought out by the Centre and the Maharashtra government mandate such app-based companies to obtain a licence. Currently, the government cannot efficiently take action in case of
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