Information Financial News

“The IT (Information Technology) Rules as well as the IT Act have provisions which call for the prompt removal of deep-fake content by placing them in the category of misinformation,” the official said. “Though it is expected that such technology will be used in a lighter vein to create content, platforms will have to remain extra cautious in allowing them, especially when it is related to a prominent public personality,” he added.

As countries meet in Nairobi to negotiate a treaty aimed at cutting plastics pollution, one of the tools that's been discussed is plastic credits

(Reuters) -Figma said on Friday it was carefully reviewing the EU competition watchdog's statement of objections related to Photoshop maker Adobe (NASDAQ:ADBE)'s proposed $20 billion bid to buy out the cloud-based designer platform.

By Anna Koper

A line of people stretched outside the Multi-Educational Centre at Sagamok Anishnawbek First Nation, once known as the Spanish River Indian Reserve, on the north shore of Lake Huron between Sudbury and Sault Ste. Marie, Ont., on June 29.

TORONTO — Members of Canada’s increasingly frustrated fintech sector are calling on the federal government to move ahead with promised plans to give consumers more control over their financial data.

Bitfinex, a famous cryptocurrency exchange located in Hong Kong, has announced a security compromise that has been controlled. The incident was the result of a phishing effort that was directed at one of the company's customer care representatives. The incident took place between the 30th of October and the 5th of November and entailed illegal access to a portion of the company's customer support boards. These boards contained user information that was out of current and incomplete.

The United States Securities and Exchange Commission (SEC) has recently alleged fraud and violations of security rules against the decentralized financial project, SafeMoon. The allegations come in the wake of a significant system flaw exploitation that occurred in March, resulting in a hefty loss of 8.9 million BNB (Binance Coin) from the ledger. The digital assets associated with the security breach have been routed through centralized exchanges, shedding light on potential legal ramifications.

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We don’t support this browser anymore. This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

We don’t support this browser anymore. This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

We don’t support this browser anymore. This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

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By Ernest Scheyder

₹100 crore loan taken from City Union Bank in 2012 when the airline was under Maran’s control, but the payment was never made, resulting in losses. SpiceJet repaid the loan completely in June this year. It also sought to overturn a single bench order in July that upheld the validity of an 2018 arbitration award in favour of the Marans.

TVS Motor Co. Ltd, Havells India Ltd, Philips India Ltd, Voltas Ltd, Whirlpool of India Ltd, John Deere, Sonalika Tractors, Escorts Ltd, New Holland Agriculture, (Royal Enfield) Eicher Motors Ltd, Blue Star Ltd, BPL Ltd, Godrej & Boyce Manufacturing Co. Ltd, and Crompton Greaves Consumer Electricals Ltd.

Liverpool legend Jamie Carragher has voiced his skepticism over Everton's 10-point deduction, stating that the punishment «doesn't feel right» in light of the lenient sanctions imposed on the big six clubs involved in the failed European Super League (ESL) breakaway. Everton's relegation battle has intensified after an independent panel confirmed the 10-point deduction for breaching profitability and sustainability rules. The club, which now finds itself in the relegation zone, posted financial losses exceeding the Premier League's permitted threshold of £105 million over a three-year period.

Reliance Capital. The move paves the way for IndusInd International Holdings Ltd (IIHL), the Hinduja Group firm, to acquire the company. This is to inform you that the Administrator of Reliance Capital Limited is in receipt of «No objection» vide letter dated November 17, 2023, from the Reserve Bank of India, the company said in a regulatory filing. IIHL had emerged as the highest bidder with an offer of Rs 9,650 crore to take over debt-ridden Reliance Capital in the second round of auction concluded in April. The Reserve Bank of India (RBI) on November 29, 2021, superseded the board of Reliance Capital in view of payment defaults and serious governance issues. The RBI appointed Nageswara Rao Y as the administrator in relation to the Corporate Insolvency Resolution Process (CIRP) of the firm. Reliance Capital is the third large non-banking financial company (NBFC) against which the central bank has initiated bankruptcy proceedings under the Insolvency and Bankruptcy Code (IBC).