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JustDial data leak exposed personal details of 100 million users: IT expert

JustDial data leak exposed personal details of 100 million users: IT expert

Justdial, a company that provides local search for different services in India over voice calls and internet, suffered a data breach last week that compromised the personal details of 100 million users, according to independent cyber-security researcher Rajshekhar Rajaharia.

Inc42 quoted a senior JustDial executive on Monday as saying that the company is investigating the alleged loopholes in its database and that the company's systems are foolproof.

Now, Mamata Banerjee objects to no non-veg on Air India

Now, Mamata Banerjee objects to no non-veg on Air India

Chief Minister Mamata Banerjee launched a new attack front against Prime Minister Narendra Modi on Wednesday and registered a delayed protest against the decision to stop serving non-vegetarian food to economy class passengers of Air India's domestic flights.

Air India does not serve non-vegeterian food in economy class. Only business class passengers are entitled to have chicken. Why will Modi babu decide what others will eat? the firebrand leader lashed out when addressing a public meeting at Kandi in Murshidabad.

Jet shares sink 34% but lenders hopeful of successful bids for airline

Jet shares sink 34% but lenders hopeful of successful bids for airline

Jet Airways shares sank 34 percent on Thursday in a sign investors were sceptical about a revival, even as lenders to the carrier said they are reasonably hopeful the bidding process for the grounded Indian airline will end successfully.

Jet Airways, once India's largest private airline, on Wednesday evening halted all flight operations indefinitely after lenders led by State Bank of India declined to extend more funds to keep it going. Jet shares plunged to the lowest since April 2009 in early trade on Thursday.

Uber nears deal with Softbank-led group for self-driving car unit: Report

Uber nears deal with Softbank-led group for self-driving car unit: Report

Uber Technologies Inc is nearing a deal with a group, including SoftBank Group Corp, to invest in its self-driving car unit to be valued at $7.25 billion, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.

SoftBank, Toyota Motor Corp and Japanese auto-parts supplier Denso Corp are expected to invest a total of $1 billion as part of the deal, which could be announced in the next few days, the report said.

Reliance Industries stands to gain from Saudi Aramco deal: Experts

Reliance Industries stands to gain from Saudi Aramco deal: Experts

Reliance Industries (RIL) stands to gain on crude oil supply security and substantial debt reduction, if reports suggesting a deal with Saudi Aramco are true. This is not the first time reports on a possible deal have emerged. “These talks have been around for two to three years,” said an expert, who did not wish to be named.

Wipro trades flat on muted June quarter revenue guidance

Wipro trades flat on muted June quarter revenue guidance

Wipro shares slumped 3 per cent from its early morning high to trade at Rs 282 after the firm gave a tepid outlook for the first quarter of FY20, citing delays in starting new projects. The stock had opened 3 per cent higher at Rs 289 on the BSE on Thursday. In comparison, the benchmark S&P BSE Sensex was up 0.29 per cent at 39,392 points at 09:20 am.

The country's third-largest IT services company said it expects revenue from IT services business to be in the range of $2,046 million to $2,087 million for the quarter ending June 30, 2019 (Q1FY20).

Jet Airways suspends all operations as lenders reject plea for funds

Jet Airways suspends all operations as lenders reject plea for funds

Jet Airways, started more than 25 years ago by Naresh Goyal, has suspended operations after lenders turned down the airline’s demand for emergency funding. Lenders’ consortium, led by State Bank of India, indicated the effort to select a new investor would continue even as Jet was “temporarily” grounded on Wednesday.

Bid documents to select new investors were issued on Wednesday and the lenders propose to conclude the process by May 10. Four parties including private equity firms TPG Capital and Indigo Partners, besides sovereign fund NIIF and Jet's strategic partner Etihad Airways, are in the fray to acquire ownership of the troubled airline.

BCCI names Pant, Rayudu as standbys for World Cup

BCCI names Pant, Rayudu as standbys for World Cup

Young wicket-keeper Rishabh Pant and veteran batsman Ambati Rayudu were on Wednesday named among the standbys for India’s World Cup squad, reigniting their dashed hopes of making the trip to the UK in case an injury setback hits the side.

Speedster Navdeep Saini also found a place in the list of three back-ups for the mega-event starting on May 30.

Govt eyes Rs 1,500 crore from IRCTC, IRFC IPOs by September

Govt eyes Rs 1,500 crore from IRCTC, IRFC IPOs by September

The government is targeting to raise about Rs 1,500 crore from initial public offerings (IPOs) of two railway companies -- IRCTC and IRFC -- by September, an official said.

The finance ministry earlier this year initiated the process of launching an IPO of Indian Railway Finance Corporation (IRFC) but the company has told the railway ministry that their borrowing cost will go up if it gets listed, the official said. A final call on this would be taken by the Union Cabinet.

5 million men lost their jobs after demonetisation, says SWI 2019 report

5 million men lost their jobs after demonetisation, says SWI 2019 report

According to an analysis by Bengaluru-based Azim Premji University researchers, five million men lost their jobs between 2016 and 2018. The beginning of the decline in unemployment coincided with Prime Minister Narendra Modi's demonetisation of high-value currency notes on November 8, 2016.

The university released its State of Working India 2019 (SWI 2019) report here on Tuesday, adding to the already raging debate over employment generation at a time when India votes to elect a new government.

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