Shares of Coffee Day Enterprises down 20% as founder goes missing

Shares of Coffee Day Enterprises down 20% as founder goes missing

The Coffee Day Enterprises hit lower circuit on the BSE during the early trade on Tuesday following reports that V.G. Siddhartha, the company’s founder has gone missing. Siddhartha reportedly went missing late on Monday and is suspected to have jumped off a bridge in Mangaluru. According to reports, a search operation is currently underway while […]

WhatsApp Pay coming to India later this year

WhatsApp Pay coming to India later this year

Facebook-owned WhatsApp is all set to launch its peer-to-peer, UPI-based Pay service for over 300 million users — especially the small and medium businesses (SMBs) — in India sometimes later this year, its Global Head Will Cathcart announced here on Thursday. WhatsApp launched a test run of its payments service with one million users in […]

Snapchat rejigs India strategy, adds 13mn users globally

Snapchat rejigs India strategy, adds 13mn users globally

Aiming to make deeper inroads in the Indian market, Photo-messaging app Snapchat has added 13 million new users to reach 203 million daily active users globally for the first time, as its parent company Snap reported $388 million in revenue for the second quarter of 2019 — up 48 per cent (year-on-year). The company added […]

China’s white paper indirectly refers to ‘Quad’

China’s white paper indirectly refers to ‘Quad’

Without naming “Quad” – the informal grouping of the US, Japan, Australia and India in Beijing’s backyard, China’s white paper on defence released on Wednesday said competition in the Asia-Pacific is bringing uncertainties to regional security. The Chinese Defence Ministry issued the white paper outlining plans to build a high-tech Army and chided the US […]

Average data breach cost hits Rs 12.8 crore in India

Average data breach cost hits Rs 12.8 crore in India

The average cost of data breach in India grew 7.29 per cent year-over-year to reach Rs 12.8 crore from Rs 11.9 crore last year, said a new study by IBM on Tuesday. Per capita cost per lost or stolen record reached Rs 5,019, which represents an increase of 9.76 per cent from the prior year, […]

Musk envisions SpaceX Starship’s lunar landing by 2021

Musk envisions SpaceX Starship’s lunar landing by 2021

Uncrewed SpaceX Starship could land on the moon by 2021, following which, a manned moon mission could be a quick possibility, SpaceX founder Elon Musk has said. Musk’s conservative estimate for sending people back to the moon aboard a SpaceX vehicle is 2023, a year before NASA hopes to send a crew to visit the […]

Hafiz Saeed arrested in Pakistan

Hafiz Saeed arrested in Pakistan

One of the most wanted terrorist by India, the mastermind of 26/11 Mumbai attack and several cases of terror crime in the country and Jamat-ud-Dawah (JuD) chief Hafiz Saeed was arrested in Pakistan by the counter terrorism unit on Wednesday, Geo TV reported. The Counter Terrorism Department (CTD) arrested Saeed while he was travelling from […]

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