Category: News of interest

Clipped from: https://www.business-standard.com/world-news/tech-sector-h-1b-workers-spouses-can-continue-to-work-in-us-says-judge-123033000095_1.html The ability of H-1B holders’ spouses to also get jobs in the US has been a major attraction for highly skilled foreign workers,

Clipped from: https://www.thehindubusinessline.com/economy/lok-sabha-passes-competition-amendment-bill-2022/article66674656.ece Bill provides for the concept of ‘deal value threshold’ as an additional criterion for notifying M&As; levy of anti-trust penalties on the ‘global

Clipped from: https://www.business-standard.com/technology/tech-news/cyber-criminals-using-chatgpt-popularity-to-spread-malwares-via-fb-accounts-123032700516_1.html Cyber criminals are exploiting popularity of ChatGPT to spread malware through hijacked Facebook accounts, cyber intelligence firm CloudSEK said on Monday Photo: Bloomberg

Clipped from: https://www.business-standard.com/finance/news/after-supreme-court-s-fraud-tag-verdict-onus-shifts-on-to-banks-123032701028_1.html Borrowers – small and large – can now seek a relook at their cases The apex court was of the view that this

Clipped from: https://www.business-standard.com/india-news/bank-borrower-should-be-heard-before-declaring-account-as-fraud-sc-123032700385_1.html December 2020 judgment of Telangana High Court upheld Supreme Court (Photo: Wikipedia) The Supreme Court on Monday said a borrower should be allowed to

Clipped from: https://www.business-standard.com/finance/analysis/expected-loss-model-may-lead-to-pause-on-dividend-paid-by-psbs-123032700768_1.html Sitaraman said banks’ provisioning cover ratio was close to 75 per cent – the highest in about the last 25 years Sitaraman said

Clipped from: https://www.thehindubusinessline.com/info-tech/cybercriminals-exploiting-chatgpt-popularity-to-spread-malware-via-facebook-accounts/article66667449.ece CloudSEK claims to have uncovered at least 25 websites engaged in the nefarious practice of impersonating ChatGPT Cybercriminals are exploiting the popularity of ChatGPT to spread

Clipped from: https://www.thehindubusinessline.com/money-and-banking/wilful-defaulter-sc-verdict-to-bring-transparency/article66668343.ece The court held that when an account is classified as fraud, it results in civil and criminal consequences for the borrower The Supreme

Clipped from: https://www.financialexpress.com/opinion/long-road-ahead-2/3022748/ India can benefit from diversifying Asian supply chains, but there are policy challenges. India’s manufacturing labour costs may be nearly half of Vietnam’s

Clipped from: https://www.thehindubusinessline.com/specials/credit-suisses-at-1-bond-fiasco-yes-banks-deja-vu-moment/article66661787.ece The apex court will determine whether bondholders deserve to be compensated and the rationale for subscribing to the bonds The recent strike down

Clipped from: https://www.thehindubusinessline.com/economy/lessons-from-last-financial-cycle-provided-an-additional-layer-of-protection-cea/article66658132.ece Data from EPFO and NREGA suggest that the rural economy is not particularly hurting, says Anantha Nageswaran “Our good luck is that we

Clipped from: https://www.thehindubusinessline.com/info-tech/social-media/tiktoks-ceo-fails-to-placate-us-lawmakers-eager-to-ban-it/article66655988.ece Lawmakers and the Biden administration are exploring how to force TikTok’s Chinese parent company, ByteDance Ltd., to sell its shares of the unit

Clipped from: https://www.thehindubusinessline.com/economy/no-relief-to-start-ups-from-angel-tax-provisions-in-finance-bill-amendments/article66657299.ece The only two classes of investors whose investments are exempt from angel tax are SEBI-registered CAT I and II AIFs as well as