Mumbai: Even after entering his third and final year as the chairman of Securities and Exchange Board of India (Sebi), Ajay Tyagi is yet to implement an institutional mechanism for handle investigations and queries by external agencies such Central Bureau of Investigation (CBI), income tax.

NEW DELHI: Insurance sector regulator Irdai Tuesday directed insurers to take steps for ensuring registration of all claims and quick settlement of eligible cases in cyclone-hit areas of Odisha and neighbouring states.

Cyclone Fani has resulted in immense loss to property and to some extent lives in Odisha and the neighbouring states.

MUMBAI: As Bank of Baroda (BoB) starts aligning the businesses of erstwhile Dena Bank and Vijaya Bank with itself following the merger, it is also looking to instil a new work culture and make its management more accessible to employees.

Two senior employees from erstwhile Dena Bank and Vijaya Bank said on condition of anonymity that the BoB management has assured them that they will not be discriminated against by existing employees.

Hong Kong: Binance, one of the world’s largest cryptocurrency exchanges, said hackers withdrew 7,000 Bitcoin via a single transaction in a “large scale security breach," the latest in a long line of thefts in the digital currency space.

The hackers used a “variety of techniques" including phishing and viruses to obtain a large amount of user data, Binance said in a post on its website.

NEW DELHI: Tata Consultancy Services Ltd (TCS) is set to surpass DXC Technology Co. to become the world’s third-largest software services provider in fiscal 2018-19, marking the first change in the pecking order of the information technology (IT) outsourcing industry in two years.

The benchmark BSE Sensex extended its losing streak by falling over 250 points in early trade on Wednesday, led by losses global markets amid rising US-China tension.

The 30-share index was trading 205.12 points, or 0.54 per cent, lower at 38,071.51.

Google announced new privacy tools on Tuesday intended to give people more control over how they’re being tracked on the go or in their own home, part of a broader effort by big tech companies to counter increasing scrutiny of their data collection practices.

The company also announced updates for its artificially intelligent voice assistant as well as a cheaper Pixel phone and a rebranding of his smart-home products.

Leading FMCG brand Amul is sure of its consumer growth amid reports of a slowdown in consumer staples market in the country, Amul MD R S Sodhi said on Tuesday. Attributing the success of its consumer staples growth to right pricing, Amul MD said that the key here is to price the products right, considering India is primarily a country of lower-middle-class people.

Siemens is spinning off its gas and power business, which has dragged on the German engineering firm’s performance as the rise of renewable power hits demand for gas turbines.

The new firm would be a “major player” in energy with revenues of 27 billion euros ($30 billion) and more than 80,000 employees, Siemens said on Tuesday, adding that it would now focus on its Digital Industries and Smart Infrastructure businesses.

At least two Pentagon employees were offered jobs at Amazon.com Inc. while working on the Defense Department’s $10 billion cloud contract, a lawsuit filed by Oracle Corp. alleges.

The amended complaint, made public on Tuesday, claims Deap Ubhi, a former employee at a high-level Defense Department technology unit, helped design the cloud contract in a way that was favorable to Amazon even after receiving “significant” job and bonus offers from the e-commerce giant.

Inviting Real Estate Agents, Job Placements Agents, Educational Institutes, Software Service Providers, Real Estate Builders, Marriage Bureaus, Travel Agents, Restaurant Owners, Health & Fitness Centers and other Local Businesses to Post a FREE Classified Advertisement on Cootera.com Classifieds Website.