BUSINESS
FBI accuses N.Korean govt-backed hackers for $100 mn crypto heist
The cryptocurrencies were stolen from Harmony's Horizon bridge, which allows users to transfer cryptocurrency from one Blockchain to another. The FBI said in a statement that the North Korea-based Lazarus Group (also known as APT28) cyber actors "are responsible for the theft of $100 million of virtual currency from Harmony's Horizon bridge reported on June 24, 2022".
Bloomberg Billionaires Index: Gautam Adani slips to 4th position, Mukesh Ambani at 12th spot | Here's Top 12 list
Meanwhile, Amazon founder Jeff Bezos has moved up to the third spot, with a net worth of $121 billion, only slightly ahead of Adani. Despite the setback, Adani, who oversees a diverse range of industries including infrastructure, airports, FMCG and cement, remains a formidable contender to reclaim the third spot.
Air India reviews in-flight alcohol policy after 'pee-gate'
The move came after the airline drew flak following the 'pee-gate' incident, wherein a flyer named Shankar Mishra reportedly urinated on an elderly female passenger in a drunk state on board a New York-New Delhi flight in Novermber last year. Mishra is presently under judicial custody.
Government calls all-party meeting on Jan 30 on eve of Budget Session
The customary meeting has been convened by Parliamentary Affairs Minister Pralhad Joshi just ahead of the budget session, which begins on January 31. The government is likely to reach out to all the parties, mainly the Congress, Trinamool Congress and other Opposition parties, to seek their cooperation for a smooth functioning of the session.
Industrialist Naveen Jindal gets letter claiming threat to life
A police officer said on Tuesday that a case has been registered against a prisoner at Bilaspur Central Jail after a complaint in this regard was received on Monday. The police said that Naveen Jindal, Chairman of Jindal Steel and Power Limited, had received death threats through a letter, after which a complaint was filed by the company's general manager, Sudhir Roy.
SBI Cards Q3 PAT at Rs 509 crore on reduced NIM
In a regulatory filing, the company said for the quarter ended December 31, 2022, it had earned a total operational revenue of Rs 3,507.12 crore (Q3FY22 Rs 2,889.46 crore) and a net profit of Rs 509.46 crore (Rs 386.77 crore). However the after tax profit for the period under review is lower than the Rs 525.64 crore profit the company had posted for Q2 of this fiscal.
Indians can now afford 5G smartphones at just Rs 44 a day: Samsung India
Aditya Babbar, Samsung India's Senior Director of Mobile Business, told IANS that the early launch of new 5G smartphones is part of the company's 5G-first strategy and will help the South Korean company secure 75 per cent of its smartphone business through 5G devices this year.
Pakistan heading towards economic meltdown
Experts have sounded alarm bells that the country is facing a deepening financial crisis with fears it could go bankrupt as inflation rises to record levels, food prices soar and its coffers run dry, The Express Tribune reported. The mushrooming crisis will soon tip over into an ugly catastrophe striking households, offices and hospitals.
DGCA imposes Rs 10L fine on Air India for not reporting two incidents on Paris-New Delhi flight
Two incidents had occurred in the Air India flight. While one passenger who was caught smoking in the lavatory, was drunk and not adhering to the crew instructions; another passenger allegedly relieved himself on a vacant seat and blanket of a fellow female passenger when she went to the lavatory.
Infra development, social security for gig workers - few expectations of India Inc from Budget 2023
Indian Direct Selling Industry is one industry that has shown a consistent growth, reaching over USD 2 billion last year. It has grown at a CAGR of 15.7 per cent over the past four years despite the effects of the pandemic. The industry has expectations from the Union Budget 2023 in the form of breakthrough reforms, policy intervention, and focus on youth and entrepreneurship, which will enable it to rank among Global Top 5 markets in coming years.
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