Sunday , 22 October 2017
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Market Now: Realty stocks fall; IB Real Estate slips over 2%

Sun Pharma, ITC, Lupin, Axis Bank, TCS and Infosys were the top losers in the Nifty pack. NEW DELHI: Nifty Realty index slipped over 1 per cent in Wednesday’s early trade to hit 283, erasing most of the gains of the previous session. The index was trading 1.10 per cent down at 284 around 10.25 am (IST) with shares of Indiabulls ... Read More »

Commonwealth Bank of Australia sued over money laundering disclosures

Australian litigation financier IMF Bentham Ltd said it would fund an open class-action lawsuit against Commonwealth Bank of Australia in relation to allegations it oversaw thousands of breaches of anti-money laundering rules. IMF said on Tuesday it would bankroll the class action on behalf of all CBA shareholders who bought stock between Aug. 17, 2015 and Aug. 3, 2017, without ... Read More »

Facebook declines Pakistan’s request over mobile phone number link-up

Facebook termed Pakistan’s request to link all accounts to individual phone numbers as “improbable”.(Reuters File Photo) Facebook has declined Pakistan government’s request to link all accounts with the users’ mobile phone numbers, a media report said on Sunday “Pakistan had suggested that Facebook accounts be linked with users; mobile phone numbers. However, the management of Facebook believed it was more ... Read More »

Boy sues over arrest for clown scare comments on social media

CINCINNATI — A lawsuit alleges a 12-year-old suburban Cincinnati boy was improperly arrested at school and prosecuted for social media comments goading purported frightening clowns to visit his area as reports of such encounters swirled around the country last fall. His parents seek unspecified damages in the federal suit against his school district, an officer and prosecutors. They say his ... Read More »

CopyCat Malware Affected Over 14 Million Android Devices: Check Point

HIGHLIGHTS CopyCat malware campaign stole ad revenues by installing fraud apps It first infected the Android devices and then tried to root them Google had quelled the CopyCat campaign and lowered the threat The cyber threats have increasingly grown with time on multitude of platforms such as Android, Linux, and Windows to name a few. Researchers have now found that ... Read More »

Snapdeal Raises Over Rs. 113 Crores From NVP, Founders

HIGHLIGHTS Snapdeal has raised over Rs. 113 crores from NVP and founders Unclear how new financing round will help Snapdeal continue operations SoftBank has been mediating a potential sale of Snapdeal to Flipkart Snapdeal has raised over Rs. 113 crores from early investor Nexus Venture Partners and founders Kunal Bahl and Rohit Bansal, amid talks of a potential sale of ... Read More »

G7 talks: Trump isolated over Paris climate change deal

Leaders of the G7 group of rich nations have failed to agree a statement on climate change. Six world leaders reaffirmed their commitment to the Paris accord, the world’s first comprehensive deal aimed at reducing greenhouse emissions. However, the US has refused to recommit to the agreement, saying it will make a decision next week. Mr Trump, who once dismissed ... Read More »

School ‘bans social media’ over health concerns

A rise in the use of computers and social media is having a negative impact on the health of young people, a study suggests. The report by the World Health Organisation (WHO) says the increased risks of spending too much time on devices such as a tablet or smartphone includes an impact on mental health and sleep deprivation. The WHO ... Read More »

UK Lawmakers Criticise Social Media Over Response to Extremist Content

Social media were heavily criticised by a committee of British lawmakers on Monday for failing to do enough to remove illegal and extremist material posted on their sites, and for not preventing it appearing in the first place. Platforms such as Twitter, YouTube and Facebook have been criticised over their moderation policies after high-profile cases in which violent or abusive ... Read More »

Turkey suspends more than 9,000 police officers over ‘Gulen links’

Turkey’s police force has suspended more than 9,000 officers over alleged links to the US-based Islamic preacher Fethullah Gulen. It said the action had been taken on the grounds of national security. President Tayyip Erdogan accuses Mr Gulen of instigating a failed coup against him last July – a charge the cleric denies. Earlier, authorities detained more than 1,000 people ... Read More »