BUSINESS
Data of 6 lakh customers of HDFC's NBFC arm compromised in hack, HDFC denies claims
The NBFC arm of HDFC Bank in a statement said the leak happened at one service provider and it has taken steps to prevent further unauthorised access.
BUSINESS
US to fast-track processing of work permits for STEM students
Students with a pending Form 1-765, Application for Employment Authorization, and wish to request a premium processing upgrade can now do so, as per an official release. An online filing of Form 1-907, Request for Premium Processing Service, is now also available to certain F-1 students
BUSINESS
MC Explains: What is spear phishing and how it’s used to dupe even professionals
Fraudsters use a range of methods to gain access to information, even from employees that are trained to avoid such scams. If impacted, alertness and swift action are important.
BUSINESS
Hyundai Verna design leaked – See details, pricing, features & more
A blogger from South Korea posted the leaked images on Naver on February 26, nearly a month ahead of the Hyundai Verna’s scheduled launch on March 21
BUSINESS
Flight crew and air traffic staff ‘strong’, but need mental health tools beyond ‘professional skills’, says DGCA
An expert committee identified three major areas of intervention and suggested best practices viz. mental health assessment during the medical assessments, Peer Support Programme and pre-employment psychological assessment
BUSINESS
Wockhardt to restructure US business to save $12 million per year, sees debt pare down
The restructuring entails shutting down the company’s Morton Grove manufacturing facility in Chicago and using CMOs to manufacture a few high margin products to reduce annual costs
BUSINESS
Management, communication & tech top list of most in-demand skills for employees: LinkedIn report
As per the research, the Top 10 most in-demand skills for the year in India featured a blend of business and marketing skills. This includes management, communications and sales. Further tech skills such as software development, SQL and Java.
BUSINESS
Mumbai to Pune in 90 minutes: All you must know about Mumbai Trans-Harbour Link Bridge
The six-lane, 22-km long Mumbai Trans-Harbour Link Bridge is expected to reduce the travel time between Sewri and Navi Mumbai to 15-20 minutes. It will also have Singapore style open tolling system
COMMODITIES
Indraprastha Gas hikes CNG prices on rising input costs
With the latest hike, the CNG price in Delhi now stands at Rs 79.56 per kg, compared with Rs 78.61 per kg earlier
BUSINESS
SEC charges 8 social media influencers in $100 million stock manipulation scheme
The eight defendants were named as using their large following of novice influencers on Discord and Twitter and “feeding them misinformation”
BUSINESS
M&M approves Rs 10,000-crore outlay to boost EV manufacturing goal
M&M will make investment of approximately Rs 10,000 crore over a period of seven to eight years for setting up the manufacturing unit in Maharashtra's Pune
BUSINESS
In Pics | Goa’s Mopa International Airport to be inaugurated on December 11, here’s the first look
The Mopa airport has been built at a cost of Rs 2,870 crore and is spread over 2,312 acres. It is expected to handle 44 lakh passengers per annum in the first phase
BUSINESS
RBI Monetary Policy | Highlights of MPC announcements by Governor Shaktikanta Das
The Indian economy remains resilient, drawing strength from its macroeconomic fundamentals, says RBI Governor Shaktikanta Das and assures that the RBI will be watchful of the MPC policy's impact and be ready to act as may be necessary
INDIA
Worst may be over for fertilizer, gas and LNG prices, say government sources
Russia’s invasion of Ukraine in February has upended the fertiliser market. India has managed to tide over the initial challenge, nimbly tackling rising costs although the subsidy outgo remains a concern
BUSINESS
RBI rejects Paytm plea for payment aggregator licence
The central’s bank response also said that PPSL is required to take to re-submit its PA application with 120 calendar days, and outlined two steps to fulfil
BUSINESS
As free trade deal with India squeaks through Aussie parliament, here's all you need to know
Indian parliament is yet to pass the Australia-India Economic Cooperation and Trade Agreement that was signed in April this year
BUSINESS
Style rotation is key, add equities for long-term if under-allocated: Axis Securities
Receding COVID-19 cases, a sturdy Indian market against global headwinds and healthy pick-up in economic activity gives investors much to choice, feels Axis Securities
BUSINESS
Rishi Sunak's billionaire wife also runs these three companies. Take a look
Akshata Murty is listed on LinkedIn as director of three businesses. We explain what these companies do and what Murty’s role in them is
BUSINESS
MC Explains | All you need to know — the what, how and why of Meme Stocks
We explain what meme stocks are, how they work, and why they keep popping up as investors try to buck Wall Street expectations
BUSINESS
Taiwan beefs up semiconductor defences as China war games continue
As a furious China continues military drills off the island, Taiwan, which leads the world in making semiconductors, is making moves to insulate its chip industry from Chinese influence
BUSINESS
SpiceJet says all flights on time, no cancellations after DGCA order
"We would like to reassure our passengers and travel partners that our flights will operate as per schedule in the coming days and weeks," SpiceJet said in a statement
BUSINESS
Show-cause notices issued to EV manufacturers on fire incidents, says Nitin Gadkari
Further action will be taken based on CEOs and MDs' responses to the notice, the union minister for road transport and highways has told Parliament
BUSINESS
MC Explains | What is algo trading, why SEBI is seeking to regulate the segment
The market regulator published a consultation paper in December 2021, saying it was considering a regulatory framework for algo trading by retail investors
BUSINESS
Crude oil sell-off a bit overdone as prices could be ticking back up soon, says Vandana Hari of Vanda Insights
Vandana Hari, founder and CEO of Vanda Insights, said the correction was mainly due to two factors — new numbers for Libya’s oil production and US markets turmoil due to sell-off in broader risk assets
