Data Leak: Compromised email led to data leak, says Bank of Baroda

MUMBAI: A recent data leak following a cyberattack reported by Bank of Baroda pertained to information in one employee’s email account and that the bank’s systems were robust and unaffected, the bank said.“The bank has robust information security protocols in place. The incident involved compromise of an employee’s email account, resulting in unauthorised access to…

Read More

Swiggy Instamart CEO Amitesh Kumar Jha resigns; Myntra’s Nandita Sinha to take charge

Instamart CEO Amitesh Kumar Jha resigns NEW DELHI: Swiggy-owned quick commerce platform Instamart will have a new chief executive, with Nandita Sinha set to take over as CEO from August 3, following the resignation of Amitesh Kumar Jha.The leadership change was disclosed in a regulatory filing on Tuesday. Jha has stepped down to pursue opportunities…

Read More

South Korea’s KOSPI crashes around 11%: Circuit breaker triggered, market sees worst session in 5 months

So far this month, the KOSPI has fallen 29%, surpassing its previous record monthly decline of 27% recorded in October 1997. South Korean equities suffered their steepest one-day decline in nearly five months on Tuesday, with the benchmark KOSPI sliding almost 11% as a global rout in semiconductor stocks battered SK Hynix and Samsung Electronics….

Read More

Rupee Surge: Rupee surges 66 paise on RBI governor’s remark, sensex up 776 points

File photo: Reserve Bank of India (RBI) Governor Sanjay Malhotra (Picture credit: Reuters) MUMBAI: The rupee strengthened sharply on Monday, closing at 95.91 against the US dollar, up 66 paise from its previous close, after RBI governor Sanjay Malhotra signalled that the domestic currency was undervalued and highlighted robust foreign currency inflows.The central bank’s supportive…

Read More