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Bharti Airtel posts ₹2,866 cr loss in Q1 FY20 against profit of ₹97 cr a year ago

Mumbai, Aug 1: Telecom operator Bharti Airtel on Thursday posted a staggering ₹2,866 crore loss for the first quarter of FY 2020, amid a fierce competition unleashed in the Indian telecom market by rival Reliance Jio.

Airtel had logged a net profit of ₹97 crore in the same period of the previous year, Bharti Airtel said in a statement....

Cong workers protest against BSY govt’s decision to cancel Tipu Jayanti

Hubli, Jul 31: Congress workers staged a protest in Hubli on Wednesday against the Karnataka government's decision to not celebrate Tipu Jayanti this year.

"We are protesting against the decision of Yediyurappa government to ban celebrations on Tipu Sultan's Jayanti. Tipu Sultan is among the pioneers who fought for this nation. Tipu Sultan was very much secular and BJP...

Banning cryptocurrencies in India not the solution: Nasscom

New Delhi, Jul 31: Banning cryptocurrencies in India is not the solution as this would inhibit new applications and solutions from being deployed and would discourage tech startups, the IT industry's apex body Nasscom said on Tuesday.

An inter-ministerial committee headed by Economic Affairs Secretary Subhash Chandra Garg last week submitted the report and the draft bill on banning...

BSY to visit National Military Memorial ahead of swearing-in

Bengaluru, Jul 26: Karnataka BJP chief BS Yeddyurappa on Friday will pay tributes at the National Military Memorial here ahead of taking oath as the 25th Chief Minister of the state.

"On this day 20 years ago, Indian armed forces defeated Pakistan in 1999 in the Kargil war. As a mark of respect to all soldiers who fought this...

Facebook to pay a whopping $5 billion penalty in final settlement with FTC

Jul 2: The Federal Trade Commission (FTC) has officially penalized Facebook a groundbreaking $5 billion, the largest in FTC history.

According to a Wednesday press release from the FTC, the social network giant will also have to submit to new restrictions, as well as a modified corporate structure that will hold the company accountable for decisions made...

BJP to stake claim to form next govt in Karnataka

Bengaluru, Jul 24: As the BJP is expected to stake claim to form the next government in Karnataka, its legislature party meeting would be held on Wednesday.

This comes a day after the Congress-JDS government in the state collapsed after it lost the confidence vote, garnering 99 votes against the 105 to the BJP in the assembly,...

Average data breach cost hits Rs 12.8 crore in India: IBM

The average cost of data breach in India grew 7.29 per cent year-over-year to reach Rs 12.8 crore from Rs 11.9 crore last year, said a new study by IBM on Tuesday.

Per capita cost per lost or stolen record reached Rs 5,019, which represents an increase of 9.76 per cent from the prior year, said the "Cost of...

Facebook admits flaw in Messenger Kids that allowed children to chat with strangers

Facebook has admitted a design flaw in its Messenger Kids Service that exposed thousands of children on group chats with unauthorised users.

According to a report in The Verge on Tuesday, the design flaw "allowed users to sidestep that protection through the group chat system, thereby letting children to enter group chats with unapproved strangers".

The social networking...

India creates history as Chandrayaan 2 lifts off

Sriharikota, Jul 22: India on Monday created history by successfully launching the country's second indigenous Chandrayaan II mission to the Moon, which injected the spacecraft into the Earth's orbit a week after its lift-off was aborted due to a technical glitch.

Chandrayaan II, which will explore a region of the Moon where no mission has ever set foot, was...

Mukesh Ambani keeps salary capped at Rs 15-cr for 11th year in a row

New Delhi, Jul 20: Richest Indian Mukesh Ambani has kept his annual salary from his flagship firm Reliance Industries capped at Rs 15 crore for the eleventh year on the trot.

Ambani has kept salary, perquisites, allowances and commission together at Rs 15 crore since 2008-09, forgoing over Rs 24 crore per annum.

This is at a time...