The domestic cyber insurance market is slowly gaining traction, with India bracketed alongside the US and China as among the world’s most cyber attack-prone countries.

“Although the cyber insurance market is still miniscule, Indian corporates have started to show interest in such products and have realised the prospective threats emanating from cyber hacking,” SBI General Insurance managing director and CEO, Pushan Mahapatra, told Business Standard in Lucknow.

Microsoft investigated isolated reports of users missing files after updating. (Reuters)[/caption]Microsoft is pulling back support for its popular game “Minecraft” from Apple TV given the small number of people who accessed the game via Apple TV.

The decision went into effect on September 24, but no one really seemed to notice until this week, The Verge reported on Wednesday.

The Centre is likely to finalise a revival package for the ailing Air India in a month, a top official of the Civil Aviation Ministry said on Tuesday assuring “need-based” support to the debt-laden carrier.

Civil Aviation Secretary, RN Choubey also said the safety audit that the Director General of Civil Aviation ordered on domestic airlines “did not find any backlog of any safety steps that they should have taken.”

New Delhi: As the nine-day long festival to honour Goddess Durga is here, the Indian Railway Catering and Tourism Corporation (IRCTC) is offering special 'vrat ka kahan' as a part of its e-catering menu, to make the journey of the people comfortable.

These special meals offered by the IRCTC will be available through selected restaurants and at hand-picked stations on the Indian Railways network.

Lucknow: Seven passengers were killed and 60 others injured as six coaches, including the engine, of the New Farakka Express derailed in Rae Bareli district on Wednesday morning.

The condition of nine injured persons is stated to be critical.

After acquiring Wipro’s Hosted Data Centre Services business in US, Europe and Singapore, US-based Ensono has now completed its acquisition of the company’s Indian assets. It has also moved into its own facility with its headquarters in Pune.

“Enson acquired Wipro’s business from for $405 million. Post this acquisition, the company has invested millions of dollars more on the new facility and will continue to invest on resources over the next two to three yeas,” Jeff VonDeylen, CEO of Ensono said.

Bitcoin’s popularity and the emergence of several other digital coins have drawn the attention of hackers into the cryptocurrency space as a whopping $927 million worth of digital currencies was stolen in the first nine months of 2018, according to a report by US-based cyber-security firm CipherTrace. The numbers for cryptocurrency theft through hacking of trading platforms and exchanges are huge and have risen significantly as there is a three-fold increase during the first half of 2018 as compared with the entire 2017.

NEW DELHI: Tata Motors is banking on strong rural buying to accelerate sales, as the passenger vehicle industry witnesses softening demand in major cities. The maker of the Tiago small car organised 500-600 rural sales camps in the past six months, which it said led to incremental sales of more than 10,000 units. It now plans to organise more such sales camps.

MUMBAI: Mahindra & Mahindra expects automobile sales to revive in the upcoming festival season as consumption demand in Asia’s third-biggest economy remains strong, paced by broader growth and increasing aspirations.

“…Demand and consumption are good stories for the country and there is no reason to have that derailed. A little inflation is like good cholesterol,” VS Parthasarathy, group CFO at Mahindra & Mahindra, said on Wednesday.

The BSE benchmark Sensex crashed over 1000 points while Nifty too reached below 10,200 amid global sell off. At 9:56 AM, Sensex was trading below 823.36 (2.37%) at 33,928.65 while Nifty50 was down by 271.80 (2.60%) at 10,190.85. Around 175 stocks have hit fresh 52-week lows at this point on the BSE. Some of the names include Bank of Baroda, Bharti Airtel, Bombay Dyeing, Central Bank of India, Deepak Fertilisers, Finolex Industries, HAL, HUDCO, Indostar and Nilkamal, among others.

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