Security Financial News
18.12 / 17:51
markets
Reuters
Digital
security
Software
reports
Department
US considers ban on China's TP-Link over national security concerns: Report
national security concerns after its home internet routers were linked to cyberattacks, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. In August two U.S. lawmakers urged the Biden administration to probe the Chinese router-manufacturer and its affiliates over fears their Wi-Fi routers could be used in cyber attacks against the U.S., according to a letter seen by Reuters. The Commerce, Defense and Justice departments have opened separate probes into the company, with authorities targeting a ban on the sale of TP-Link routers in the U.S. as early as next year, the report said.
18.12 / 16:25
18.12 / 15:39
markets
security
Trade
Inside
FCA claims insider trading will be allowed under PISCES framework
On Tuesday (17 December), the FCA announced it was launching consultation to help facilitate the implementation of the Private Intermittent Securities and Capital Exchange System (PISCES) framework in May 2025, a key ambition outlined in chancellor Rachel Reeves' November Mansion House speech. FCA launches consultation on private stock market in boost to PISCES framework «Next year we will ring the bell on a new private stock market that could transform how private companies access funds and grow. It will offer investors more access and a greater confidence to invest in private compa...
18.12 / 15:01
markets
Platform
security
Software
President
country
INS Nirdeshak commissioned into Indian Navy at Visakhapatnam Naval Dockyard
INS Nirdeshak, the second ship of the Survey Vessel (large) project, was commissioned into the Indian Navy, in a ceremony presided over by Sanjay Seth, Union Minister of State for Defence, at Naval Dockyard in Andhra Pradesh's Visakhapatnam on Wednesday. Vice Admiral Rajesh Pendharkar, Flag Officer Commanding-in-Chief, Eastern Naval Command hosted the commissioning ceremony marking the formal induction of the second of the four ships of the Survey Vessel (Large) project under construction at Garden Reach Shipbuilders & Engineers (GRSE) Kolkata. The ship is designed to conduct hydrographic surveys, aid in navigation, and support maritime operations. Speaking on the occasion Sanjay Seth said that highly specialised ships — the Survey Vessels — play a vital role in charting the oceans. These are sophisticated niche platforms that allow for a more accurate collation of oceanic data, its precise processing and as a result, highly reliable charts that enhance maritime operations and safety.
18.12 / 15:01
18.12 / 14:23
markets
Digital
security
Matthews
BBC
wellness
rock
World's oldest Sunday newspaper, the UK's Observer, sold in face of journalistic opposition
The owner of Britain’s Guardian newspaper has confirmed that it has sold the Observer, the world’s oldest Sunday newspaper to Tortoise Media for an undisclosed fee
18.12 / 13:25
markets
Google
CEO
security
Strategy
Software
Videos
Bureau secures $30 million from Sorenson Capital, PayPal Ventures, existing investors
Identity verification startup Bureau has secured $30 million in a fresh equity funding round led by US venture firm Sorenson Capital and PayPal Ventures. Existing investors Commerce Ventures, GMO Venture Partners, Village Global, Quona Capital and XYZ Ventures also participated in the round. While this is primarily a fresh infusion into the company, there is a small secondary component where some of Bureau’s early investors and employees have sold their shares. This round takes the overall funding raised by the company to around $50 million.
18.12 / 12:25
18.12 / 11:57
markets
Digital
security
Strategy
Software
awards
Experts
Sanjay Dutt's scotch whiskey brand Glenwalk aims 4X sales boost in Maharashtra with new 200ml bottle
premium Scotch whisky brand, The Glenwalk, is set to make a major push in Maharashtra with the launch of a new 200ml Nip bottle. Priced at Rs 500, this more accessible format is part of the brand's strategy to quadruple its sales in the region, which already accounts for 68 per cent of its overall sales, the company said in a press release on Wednesday. Fresh off a Gold Medal win at the 2024 IWS Awards, The Glenwalk has garnered recognition for its quality, having also secured top honours at the ProWine 2023 and the 2024 London Spirits Competition. With the 200ml bottle, the brand aims to expand its customer base and further solidify its position in the competitive Indian whisky market. “We are thrilled to introduce the 200 ml Nip bottle to the discerning consumers of Maharashtra,” said Mokksh Sani, Founder of Living Liquidz, Mansionz, and Co-founder of Cartel Bros. “This launch, backed by the expertise of Cartel Bros, is a testament to our commitment to innovation and our dedication to providing premium spirits experiences. We are confident that this new format will resonate with our existing customers and attract new ones.”
18.12 / 11:41
markets
Action
security
Research
Justice
Department
Investigations
US weighs ban on Chinese-made router in millions of American homes
Subscribe to enjoy similar stories. U.S. authorities are investigating whether a Chinese company whose popular home-internet routers have been linked to cyberattacks poses a national-security risk and are considering banning the devices.
18.12 / 10:45
Citi
Target
security
Analysis
Trade
Experts
Awfis Space Solutions shares poised for 44% growth, target price raised to Rs 1,049: ICICI Securities
Awfis Space Solutions’ unique business model, domestic brokerage firm ICICI Securities has reiterated its ‘buy’ call on the stock with a revised target price of Rs 1,049 (up from Rs 979), indicating an upside potential of 44%. “Awfis has a unique business model. While the company does not act as a land aggregator or landlord of office spaces, it focuses on providing services to its clients on demand side and also partners with space owners/landlords on supply side. With Awfis being the first co-working/flexible workspace company in India, there is also limited scope for comparison with industry peers. Hence, we believe Awfis is more comparable to listed hotel peers,” said ICICI in its note.
18.12 / 10:29
markets
UPS
security
Tesla
Xiaomi
social
Updates
Mahindra makes India proud by beating its former partners Ford, Renault, Stellantis in market value. Anand Mahindra reacts
Anand Mahindra, the chairperson of the Mahindra Group, recently shared a compelling update on social media highlighting the market capitalization rankings of the world’s top automakers. Leading the list is Tesla, valued at an astonishing $1.23 trillion, followed by Toyota at $233.26 billion. Chinese automakers BYD and Xiaomi secured the third and fourth spots with valuations of $107.52 billion and $105.72 billion, respectively. Mahindra & Mahindra ranked 11th, with a market capitalization of $43.12 billion, placing it ahead of major global players like Stellantis, Ford, and Renault. Reflecting on this achievement, Anand Mahindra traced the company’s journey back from the early 1990s when India’s economy opened up. At that time, the world doubted whether Indian automakers could survive without external partnerships. Mahindra sought technological collaboration with companies like Peugeot (now part of Stellantis), Ford, and Renault to learn the art of building modern vehicles. While expressing gratitude for these partnerships, he noted the sense of fulfillment in seeing Mahindra now outpace some of these former collaborators in global market capitalizations. He emphasized that such milestones are never permanent but are a reminder of the constant effort required to stay competitive. Mahindra’s customer-centric approach and commitment to excellence, he stated, remain central to their long-term success and relevance.
18.12 / 10:29
18.12 / 09:57
markets
UPS
security
Strategy
Software
Experts
social
Formal job creation up 3% under ESIC at 1.78 million in October: Payroll data
Employees’ State Insurance Corporation (ESIC) went up by 3% in October to 1.78 million compared to 1.72 million in October 2023, shows the provisional payroll data released by the ministry of labour and employment on Wednesday. Month-on-month, the formal jobs created under ESIC, however, fell by 13.2% when compared to 2.05 million formal jobs created in September 2024. As per the provisional payroll data, around 21,588 new establishments have been brought under the social security ambit of the ESI scheme in October compared to 23,043 establishments added in September, 2024.
18.12 / 09:39
UPS
Cooper
security
President
prevention
rights
Relationships
A revival of the Xi-Trump ‘bromance’ could keep China-US relations from getting too frosty
Subscribe to enjoy similar stories. Xi Jinping and Donald Trump’s bromance could be rekindled in 2025, if both sides play their cards right. This is positive and would help create the right environment for an improvement in ties between the two superpowers, but timing and tone are everything.
18.12 / 06:51
security
Discover
Nov
reports
Courts
Headlines
International
Woman caught stowing away on Paris flight tries to sneak into Canada
Svetlana Dali certainly is tenacious.The alleged Delta Air Lines stowaway is, once again, making headlines — this time for trying to sneak her way into Canada, reportedly cutting off her ankle monitor before boarding a Greyhound bus to the Great White North.Dali, a 57-year-old Russian national, was taken into custody in Paris late last month after she snuck onto a Delta Air Lines flight at New York’s JFK International Airport without a boarding pass on Nov. 26 and flew all the way to Charles de Gaulle Airport in Paris, apparently concealing herself by spending long periods of time in the plane’s multiple bathrooms.She was detained when authorities discovered she didn’t have a valid visa to enter the country, French National Police said at the time.After two unsuccessful attempts to deport her back to the U.S.
18.12 / 06:01
markets
UPS
Ball
Action
security
country
Headlines
Can this smallcap stock improve fortunes with stock split and bonus shares?
Subscribe to enjoy similar stories. Corporate action usually brings some good news for investors, particularly in the case of amalgamation and mergers. In many cases, corporate actions do not involve any potential future benefits to the company, as with bonus issues and stock splits.
18.12 / 05:39
Fighting
security
country
Courts
International
Israel pushes case to control security in Syrian buffer zone, Gaza
Subscribe to enjoy similar stories. TEL AVIV—Israel’s defense minister signaled the country is planning to keep tighter and longer-term security control over territory just across its border in Syria and in Gaza, taking advantage of its weakened neighbors to better insulate itself from possible threats. Israel seized control of the 155-square-mile buffer zone separating it from Syria after the Assad regime that had ruled the country for more than half a century collapsed just over a week ago.
18.12 / 04:29
18.12 / 02:33
MET
Cooper
security
Strategy
Research
Experts
Updates
US to update its MTCR export control policies for India
«We are continuing to take steps to further knock down barriers to private sector cooperation, and importantly, we are in the process of finalising national security memorandum that will update our own export control policies under the Missile Technology Control Regime (MTCR),» Finer said. Finer, Deputy Secretary of State Kurt Campbell and Indian Ambassador to the US Vinay Kwatra visited Houston on Tuesday and met the astronauts of the Indian Space Research Organization (ISRO) who are training at NASA's Johnson Space Center to execute a joint effort of the International Space Station next year.
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