These institutional lenders want Wadhawans, the promoter group, to arrange funds in the light of the findings of the forensic audit conducted by a Big4 firm. The MFs will soon raise the issue in the three-member committee formed by the Reserve Bank of India (RBI)
"Institutions like banks should understand their core strengths and offer benefits to people like providing value- added features like phone banking facilities or rolling out of chat bots to serve customers and should not take up unnecessary scaling up of operations", Finance Minister Nirmala Sitharaman
"When things are delayed, it only continues to fester in the system, " Deputy Governor N S Vishwanathan said.
These ‘ghost accounts’ are suspected to have been operated by entities with the knowledge of arrested bank officials, sources said. These accounts allegedly belonged to the Abchal Group, loans to which have turned bad, saddling the bank with a Rs 300 crore liability. Not
ED said that “the money trail which is found during interrogation is required to be confronted and further investigated”. The agency also told the Court that it has recovered voluminous “email dump” of accused and “key management persons” which is being looked into. The agency
The Finnish company which is one of the leading suppliers to Apple, will begin next financial year. It will invest Rs 2,000 crore over the next five years. "Salcomp , the world's largest manufacturer and supplier of Apple has taken over the entire Nokia facility,
These include systems that are used in banks and govt. It is unclear if these systems are being upgraded.
The $11 billion company has increased its headcount to 60 from 20 people a year ago and would continue to invest in its local operations, Matt Horner, SVP, Global Enterprise Sales, WWT said. The new centre will provide application development and testing services to other
Customers at Chaayos took to social media during the last week to complain about the camera technology they said captured images of them without their consent, with no information on what the data would be used for, and no option to opt out.
For internet companies like Google, finding the tools to spot deepfakes has gained urgency. If someone wants to spread a fake video far and wide, Google’s YouTube or Facebook’s social media platforms would be great places to do it.