Friday, April 26

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India’s Leading Universities Like DU, IIT-D, AMU Among 10 Websites Hacked
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India’s Leading Universities Like DU, IIT-D, AMU Among 10 Websites Hacked

At least 10 official websites including those of premier educational institutions like Delhi University, Aligarh Muslim University, IIT Delhi and IIT BHU - were hacked today with "Pakistan Zindabad" slogans displayed on them. The hacker group, which identified itself as "Pakistan Haxors Crew (PHC)", said, "nothing deleted or stolen. Just here to deliver my message to Indians." Other websites which have been hacked are University of Kota; Army Institute of Management and Technology, Greater Noida; Defence Institute of Advanced Technology; Army Institute of Management, Kolkata, National Aerospace Laboratories and Board of Research in Nuclear Sciences (BRNS). "Greetings Government of India, and the people of India. Do you know what your so-called heroes (soldiers) are doing in Kashmi...
TCS Launched Single Merchant Pay to Help Retailers
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TCS Launched Single Merchant Pay to Help Retailers

Tata Consultancy Services (TCS) has launched Merchant Pay to help retailers seamlessly integrate payments across multiple channels like Aadhaar, credit and debit card as well as phone-based payments through a single interface. Merchant Pay will allow consumers to transact by using fingerprint and confirming identity at stores that are enabled with this platform, TCS said at a statement. "With numerous digital payment methods like UPI, eWallets, Aadhaar Pay, Debit and Credit cards available, there was a need for a unified platform that integrates all digital payment methods offering convenience to customers and also allowing merchants to accept any form of digital payment," TCS President Growth Markets Ravi Viswanathan said. "The Merchant Pay platform will effectively integrate with va...
Snapdeal Sale: SoftBank Hopes Nexus Venture Too Come on Board
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Snapdeal Sale: SoftBank Hopes Nexus Venture Too Come on Board

Japans SoftBank is hopeful of getting a nod soon from co-investor Nexus Venture Partners to sell Snapdeal to Indias largest e-commerce firm Flipkart. According to sources, Softbank -- the largest shareholder in Snapdeal-- has been successful in getting Kalaari to agree to the deal but is yet to get Nexus Venture Partners on board for the same. This should come through in the next one or two weeks and the deal may get announced next month, they added. SoftBank, Kalaari and Nexus did not respond to e-mails sent to them. Jasper Infotechs (which operates Snapdeal) seven-member board includes representation from investors SoftBank, Kalaari Capital and Nexus Venture Partners, as well as co-founders Kunal Bahl and Rohit Bansal. The deal, if completed, would mark the biggest acquisi...
Ronnie Screwvala Launches Rs 100 Crore Online Education Scholarship Fund
FUNDING, News

Ronnie Screwvala Launches Rs 100 Crore Online Education Scholarship Fund

Online education start-up co-founder Ronnie Screwvala has launched a Rs 100 crore education scholarship fund to provide loans to those looking at doing online courses to improve their skill sets. The fund will give scholarships ranging from Rs 25,000 and up to Rs 2 lakh. "We need 125 million young Indians in post-graduation studies and currently not more than 30 million today are engaged in higher studies as a majority of them start working early in their career and so online learning or education is the real answer," Screwvala said in a statement here today. He said the scholarship fund is aimed at skilling motivated individuals in relevant areas and equip them with industry-relevant knowledge. The fund is been launched with an initial corpus of Rs 100 crore and Screwvala aims...
Another Woman Alleges Sexual Harassment By Tech Investor Mahesh Murthy
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Another Woman Alleges Sexual Harassment By Tech Investor Mahesh Murthy

Woman author Rashmi Bansal has accused venture investor Mahesh Murthy of sexual harassment 13 years ago, which he has denied as "absolute and complete lies". The author, who made the allegations ahead of her book launch, said she has not filed a police complaint against the sexual advances that Murthy allegedly made in a cafe in 2004. "This story dates back to 2004. In one of my meetings with that person (Mahesh Murthy) at Mocha Cafe in Mumbai, he kicked off a conversation about his open marriage. "He was sitting across opposite and then got up and sat closer to me. He leaned forward and touched me inappropriately," Bansal told Pixr8. However, Murthy has denied all these charges. "Not only has she suddenly come up with claims about a period more than 13 years ago, the claims t...
TCS Hired 11,500 People in Offshore Markets in FY17
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TCS Hired 11,500 People in Offshore Markets in FY17

Tata Consultancy Services (TCS) recruited over 11,500 people outside India during 2016-17, including graduates from engineering and B-schools in the US, as it ramps up local hiring in offshore markets to tackle visa-related challenges. The country's largest software services firm added 79,000 employees (gross) and 33,380 employees (net), taking its employee base to 3.87 lakh at the end of March. Hiring locals in overseas markets often pushes up operational costs for IT outsourcing companies. However, with the governments in markets like the US, Australia and New Zealand tightening their work visa norms, Indian IT companies are hiring more local talents in offshore markets to ensure compliance with rules. "Our local hiring programmes in various geographies are progressing well. ...
Express Avenue Launches Robot to Enhance Visitors Experience
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Express Avenue Launches Robot to Enhance Visitors Experience

Express Avenue, run by the Express Infrastructure Pvt Ltd, today launched a robot "EA BOT" aimed at enhancing customer experience of visitors to the shopping mall. The EA-BOT, a five-feet robot, is equipped with 22-inch screen that will help the guests visiting the mall get access to details of stores, directions, deals of the day offered by various shops, a press release said. The 85kg robot will roam around the central atrium of Express Avenue mall located at Royapettah in the city. EA BOT is automatic and has a specific perimeter and travel zone, it said. "I hope EA BOT will be useful for mall guests rather than the excitement factors it carries," Express Infrastructure chairperson Saroj Goenka said. British Deputy High Commissioner Bharat Joshi, Australian Deputy Consul...
Microsoft India Enhanced All Types of Paternal Leave Benefits
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Microsoft India Enhanced All Types of Paternal Leave Benefits

Microsoft India today said it has enhanced all types of paternal leave benefits and introduced a new family caregiver leave -- which entails four weeks of paid leave to take care of an immediate family member. From April 21, Microsoft India has enhanced all types of paternal leave benefits such as paternity, adoption and surrogacy. Besides, the company has introduced a new family caregiver leave benefit, which includes four weeks of paid leave to take care of an immediate family member with a serious health condition. Definition of family in this case is spouse/domestic partner, parent/in-law, sibling, grandparent or child. With effect from February 2016, maternity leave at Microsoft India is 26 weeks. Paternity leave at Microsoft India has been extended to 6 weeks from 2 we...
Uber Moves Bombay HC For Rs 12 Crore Damage Case
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Uber Moves Bombay HC For Rs 12 Crore Damage Case

App-based car service provider Uber India has approached the Bombay High Court seeking Rs 12 crore in damages from taxi owners and drivers associations for harming its reputation and livelihood of drivers by protesting against the company. In its suit, Uber India Systems Pvt Ltd also sought an injunction restraining the defendants from stopping Uber drivers to work, alleging that they were being "verbally abused, physically assaulted and threatened". The suit names Sangharsh Tourist Chalak Malak Sangh, an association of taxi owners and drivers, Action Committee of Maharashtra against Ola and Uber, Mumbai Vikas Foundation, All Drivers Welfare Association and Maharashtra Tourist Permit Union. "The defendants are deliberately, unlawfully and wrongfully resorting to violence and intim...
Amazon Rolls Out Chatbot
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Amazon Rolls Out Chatbot

Amazon.com Inc's chief technology officer is working toward a day when people can control almost any piece of software with their voice. The company on Wednesday rolled out the technology powering Alexa, its voice assistant that competes with Apple Inc's Siri, to developers so they can build chat features into their own apps, CTO Werner Vogels said in an interview. The service, Amazon Lex, was in a preview phase since late 2016. The move underscores how Amazon is racing to be the top player in voice-controlled computing, after losing out in mobile to Apple and Alphabet Inc's Google. Vogels said that Amazon's headway in processing how humans write and speak would make conversational assistants or "chatbots" more helpful than the clunky tools they've been in the past. "There's...
Royal Enfield Rides into Brazilian Market
INDIA, News

Royal Enfield Rides into Brazilian Market

Niche bike maker Royal Enfield today announced its entry into Brazil, the fourth largest two-wheeler market in the world. The company has entered the Latin American country with three models-- Bullet 500, Classic 500 and the Continental GT cafe racer. It has set up its second direct distribution subsidiary outside India in Brazil, with having established the first such entity in the US in 2015. The newly-formed subsidiary - Royal Enfield Brazil - at Sao Paulo will sell bikes to dealers, as well as conduct all front-end development and support activities such as marketing and after-sales in the country. A flagship store has also been opened in the city. "We are delighted to be formally entering Brazil, and are able to offer our motorcycles to a whole new group of customers, that...
Flipkart Tightens Return Policy Rules
News

Flipkart Tightens Return Policy Rules

India's leading e-commerce platform Flipkart tightened its return policy rules on its platform. The e-commerce giant latest move won't offer refunds on a multitude of products like mobile accessories, personal care appliances, computer and camera accessories, office equipment, apart from high-cost items such as mobile phones, large appliances and furniture. "If a defect is determined within the 10-day period following delivery/installation, a replacement of the same model will be provided at no additional cost but if no defect is confirmed, the issue is not diagnosed within 10 days of delivery, a troubleshooting step cannot be performed, or if one replacement has already been provided, you will be directed to a brand service centre to resolve any subsequent issues", states company po...