Mastercard Inc. aims to combat online payment fraud by expanding the use of token technology to replace credit card numbers and passwords with biometric data such as fingerprints and face scans. The company is processing 1 billion tokenized transactions weekly and plans to tokenize all e-commerce transactions in Europe by the decade's end.
If longer-duration debt is included, the group will also be open to having as much as 15% of its debt from the local capital markets, Singh told ET, after launching Adani Enterprises' maiden non-convertible debentures' issue of ₹800 crore.
Brazil's telecom regulator is set to suspend access to Elon Musk's X social network due to a court order. The platform failed to appoint a legal representative in Brazil and pay fines. The move comes amid a feud between Musk and Supreme Court justice Alexandre de Moraes over content regulation on social media.
The Colombo Security Conclave members signed a Charter and MoU to establish a Secretariat in Sri Lanka to enhance regional security. National Security Advisers, including Ajit Doval, discussed cooperation on issues like terrorism, trafficking, and maritime safety. Doval also met Sri Lankan leaders to discuss further economic collaboration, particularly in the energy sector.
This is Pratik Bhakta in Bengaluru. Regulations and fraud – these were the two words most doing the rounds at the recently concluded Global Fintech Fest (GFF) 2024. After all, the life of a fintech founder now revolves around tracking the latest regulatory changes and protecting customers from fraud attacks.
Five workers, including three women, were admitted to a hospital on Saturday after a chemical powder bag broke while it was being loaded from a container to the godown in Sravan Shipping Services Pvt Ltd.
A Supreme Court judge on Friday ordered the suspension of Elon Musk's X social media network in Brazil after the billionaire failed to comply with an order to name a new legal representative for the company. On Wednesday, Moraes told Musk "to appoint the company's new legal representative in Brazil within 24 hours" or face suspension.
The Indian Meteorological Department has issued a warning about cyclone Asna, causing heavy rains in Gujarat and likely to move West-Northwest over the Northeast Arabian Sea. Kachchh experienced severe rainfall with Gujarat receiving 50% more than the normal since June 1. Heavy rainfall alerts remain for various districts and some roads have been closed due to flooding.
Nvidia, Intel, Advanced Micro Devices, Qualcomm, Microsoft Azure, Amazon Web Services, Google Cloud and Palo Alto Networks were among participants of a pre-bid meeting conducted by the government for its Rs 10,000-crore GPU procurement tender. The ministry of electronics and information technology (MeitY) said the companies' participation was “exceptional”.
The recent phase of upward movement in sugar stocks has come on the back of reports that fire in Brazilian sugar cane fields is likely to lead to shortage of sugar in the global market. It is not only this year, but even next year the impact of these fires will be felt by Brazil which is the largest exporter of sugar. Should that be the reason for the stocks to be bought, or there is more to India's sugar story? Probably second, because there is more to the sugar story than the shortage of sugar which has led to sugar prices.
India's growth rate dropped to a five-quarter low of 6.7% in the April-June period. This slowdown was influenced by a decrease in agriculture and trade-related services output, and general elections impacting government spending.
Infosys' recruitment challenges reflect a wider talent acquisition crunch in the tech industry, driven by economic uncertainty and automation. Indian IT companies face mounting pressure from students, public backlash, and worker unions to address delayed onboarding processes.
Black Box, a digital infrastructure firm, is looking for partnerships or mergers and acquisitions to enter India, Sanjeev Verma, a wholetime director of the Essar Group subsidiary said. The company is aiming to achieve $2 billion in revenue in the next four years.
There is finally a streamlined set of good news for Donald Trump and his Republican camp this week, and the best one yet is an attorney stating that his election subversion case is dead, and he could be set free from the allegations soon enough.
With Nifty and Sensex touching a new high, bullish sentiment has further spread on the Street. It is not very obvious but some of the pre-election favorite stocks of the Street are going through a phase of consolidation which some may also term as under-performance. It is very likely that going forward, the Street is going to get even more stock-specific. So, better focus on stocks as sectoral movement may remain subdued for some time. These selected stocks depict a strong upward trajectory in their overall average score. Читать дальше...
Actor Ben Stiller drew in some weird and mixed reactions for his take on Kamala Harris' candidature in the upcoming US Presidential polls, something that happened when a reigning President decided to drop out of a election race. Stiller is not the only Hollywood celebrity to endorse Kamala Harris for US President, as the list goes on.
"Ekart is building the supply chain for India and carries the mission of democratising ecommerce for all brands," said Mani Bhushan, chief business officer at Ekart. "Ekart is well-established and will continue to deepen presence in tier II-III supply chains and beyond." These include last-mile delivery and bulk cargo pickups from brands and manufacturers.
Verlinvest is set to invest Rs 200 crore in Blue Tokai Coffee Roasters at a Rs 1,200-crore valuation. Existing investors Hemendra Kothari’s family office and Anicut Capital are also expected to participate. This will be Blue Tokai's largest funding round as it competes with Starbucks, Tim Hortons, and other cafes in India's expanding coffee industry.
Kamala Harris has recently cleared the air around Joe Biden endorsing her for the upcoming US Presidential Elections 2024, while mentioning a telephonic conversation she had with him right before he chose to drop out of the US poll race. Here is all you need to know about this interesting incident.
The United States Federal Reserve has somehow deviated from its path of rate cuts, which was their standard norm to reduce inflation in the market, due to the uncertain labor market stats. The US Fed is currently in a wave of questions due to these factors that could well have the potential to lead to instability of prices.
West Bengal Chief Minister Mamata Banerjee has again urged Prime Minister Narendra Modi to consider a stringent central legislation on rape, pointing out the state's efforts in women's safety. She highlighted the functioning of Fast Track Special Courts and criticized the lack of response to her efforts. BJP's Sukanta Majumdar questioned the implementation of these measures.