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Wednesday, 3 June 2020

Over 1 lakh national IDs of Indians put on dark net for sale: Cyber intelligence firm

The personal data leaked by cyber criminals leads to various nefarious activities such as identity thefts, scams, and corporate espionage.

from Tech-Economic Times https://ift.tt/2BtQEZS

IT spending in India to fall 8% in 2020 due to COVID, first fall in 5 years: Gartner

Spending on devices and data center systems in India will see the steepest declines in 2020, at -15.1% and -13.2%, respectively, according to the firm. CIOs in India will consider extending life cycles of their existing device assets which will delay new purchases as a result.

from Tech-Economic Times https://ift.tt/2XXT4Ya

US probe into India's digital tax not a move of aggression, says Indian government source

The U.S. Trade Representative's Office is investigating digital services taxes being adopted or considered by India and other countries such as Italy and Brazil, it said on Tuesday, a move that could lead to new punitive tariffs and heighten trade tensions.

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Google takes down Indian app that removed Chinese ones: Spokesman

The app, "Remove China Apps", had become top trending free app on Google's mobile app store in India with more than five million downloads since late May. Its popularity rose amid calls for a boycott of Chinese mobile apps in India during a Himalayan border dispute between the two nations.

from Tech-Economic Times https://ift.tt/3gLtcY5

Tuesday, 2 June 2020

Infosys had 74 crorepatis in 2020 fiscal, no promotion for leaders

Infosys had 74 employees in its crorepati club in 2019-20, up from 64 in the year before. A significant jump in the compensation of these employees in the 2020 fiscal was because of the increase in perquisite value of stock incentives previously granted and exercised during the year, Infosys's annual report showed.

from Tech-Economic Times https://ift.tt/2Mux3uB

Cognizant to pay $5.7 million in class-action suit

Debi Mishra filed the original complaint on August 25, 2017. About a year later, the parties participated in a full day of private mediation before a retired judge but did not reach a resolution. The latest settlement agreement by the US court requires Cognizant to pay about half of what was estimated as damages by the plaintiffs.

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Mukesh Ambani nears deal with top sovereign funds from Middle East for Jio

Any new investment would add to the $10 billion that Jio Platforms has raised in recent weeks.

from Tech-Economic Times https://ift.tt/3gK9eNs