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India’s national internet registry breached, but says heist was trivial

Indian antivirus and endpoint vendor Seqrite claims the nation’s internet registry has suffered a data breach, but the registry’s parent organisation says while it was attacked the information obtained was trivial. Seqrite says its researchers noticed “an advertisement on DarkNet announcing secret access to the servers and database dump of over 6000 Indian businesses – ISPs, Government and private organisations.” ... Read More »

Sophos Says India Has Talent, Tools Yet Can’t Tackle Big Cyber-Attacks

HIGHLIGHTS Despite having talent and resources, India fails to curb some cybercrimes Sophos’ Shier shared India has well-trained, educated IT fraternity Few Indian firms were recently affected by WannaCry, Petya ransomwares India has a talented workforce and access to all the tools to safeguard its systems against data breaches, yet the country is unprepared to handle a massive cyber-attack like ... Read More »

Toshiba Chip Deal: Bain Says Dell, Other Firms Join Its Bid

Bain Capital, now in the lead to buy Toshiba’s prized memory chip unit, said on Friday it has brought in Delland other tech firms as new members of its consortium to bolster its bid. Toshiba said this week it has agreed to focus on selling the world’s No. 2 NAND producer to a group led by Bain and South Korean chipmaker SK ... Read More »

Danish Says Corruption Holding Back Growth In Education

Second Vice President Mohammad Sarwar Danish has said that corruption within the Ministry of Education (MoE) has been holding back development in the sector and reiterated government’s strong resolve to combat corruption at all levels. Corruption and misuse of authority have sneaked into the academic sector, he said. He said that Afghanistan was one of the country’s with the highest ... Read More »

Samsung Galaxy Note 8 Has the Best Smartphone Display Ever Tested, Says DisplayMate

HIGHLIGHTS Samsung Galaxy Note 8’s display is the brightest yet The Galaxy Note 8 comes with a record 1,200 nits of brightness DisplayMate said that Galaxy Note 8 has almost 3K resolution Samsung once again grabbed thousands of eyeballs when it unveiled its second flagship, the Galaxy Note 8 last week. The Galaxy Note 8 features a stunning 6.3-inch super AMOLED QHD+ display with ... Read More »

Bankruptcy code can help deepen bond markets, says Ajay Tyagi

Securities and Exchange Board of India (Sebi) chairman Ajay Tyagi on Saturday said the Insolvency and Bankruptcy Code (IBC) will help boost investor confidence and encourage fund flows into the corporate bonds market, while addressing a CII conference on insolvency and bankruptcy. “From an investors’ standpoint, an effective and robust bankruptcy regime is important for developing the corporate bonds market. ... Read More »

Xiaomi to Open Mi Home in Delhi-NCR ‘Very Soon’, Says India Head

HIGHLIGHTS Xiaomi opened two Mi Homes in Bengaluru earlier this year Jain says Delhi will get its Mi Home soon Xiaomi on Friday celebrated record sales of its Redmi Note 4 device Aiming to ramp up its offline presence in the country, Chinese smartphone maker Xiaomi is all set to open its ‘Mi Home’ signature retail store in the Delhi-NCR region, a top company ... Read More »

Uneasy lies London’s finance crown, says EY

London is still the top European destination for international finance firms, but Paris and Frankfurt are closing the gap thanks to Brexit, according to a survey of business sentiment by the audit firm EY. “The attractiveness of the UK financial services sector has not yet fallen,” said Omar Ali, UK financial services leader at EY. “We have to be realistic though, ... Read More »

Nokia 3310 Back in Stock in India, Says HMD Global

HIGHLIGHTS The Nokia 3310 was first launched at MWC 2017 It is a reboot of last decade’s iconic feature phone It went on sale in India last month The Nokia 3310 was launched in the middle of May, and has been in much demand since it went on sale a couple of days later. Sold via offline retailers in the ... Read More »

Asus ZenFone AR Will Go on Sale in Mid-June, Says CEO Jerry Shen

HIGHLIGHTS The smartphone offers both augmented and virtual reality features It was first launched at CES 2017, with a Q2 2017 release date Asus CEO Jerry Shen revealed availability at the sidelines of Computex The Asus ZenFone AR finally has a release date. First unveiled at CES 2017 with a Q2 2017 launch date, the smartphone was then revealed by ... Read More »