Economic Times

The Reserve Bank of India (RBI) has taken disciplinary action against Paytm Payments Bank, following persistent non-compliance. The action was taken a
Science & Technology - 10 months ago
Nadella also spoke about unlocking productivity across business with Microsoft Copilot, building transformation AI solutions with Microsoft Azure, and
Science & Technology - 10 months ago
SoftBank Group on Thursday posted a net profit of 985.5 billion yen ($6.6 billion) in the October-December quarter, ending a streak of four consecutiv
Science & Technology - 10 months ago
Google's layoffs have included the YouTube vendor manager teams, causing disruptions in other areas of the business. Employees fear that the company m
Science & Technology - 10 months ago
Sarvam AI is building genAI models targeting Indic languages and context, it said in a statement, but did not immediately provide financial details of
Science & Technology - 10 months ago
Soon, offline transactions can be conducted using the RBI's Digital Rupee. The Reserve Bank of India (RBI) has stated that its Central Bank Digital C
Science & Technology - 10 months ago
Shares of crisis-ridden One 97 Communications, which runs Paytm, dropped 9.4% to hit a low of Rs 450 on BSE. Investors lost patience after a meeting b
Science & Technology - 10 months ago
The company has been running pilot tests to up the usage of AI tools among its community of developers and was planning a wider release of Microsoft 3
Science & Technology - 10 months ago
Microsoft-backed OpenAI is working on a type of agent software to automate complex tasks by taking over a users' device, The Information reported on W
Science & Technology - 10 months ago
The European Commission last year put Meta's Facebook and Instagram on a list of "very large" online platforms that face tougher rules under the new D
Science & Technology - 10 months ago
SoftBank Group -backed Cohesity told Reuters on Wednesday it agreed to acquire the data protection business of information technology company Veritas,
Science & Technology - 10 months ago
The general elections on Feb. 14 in Indonesia, the world's third-largest democracy, offer a glimpse of how generative AI may transform large-scale pol
Science & Technology - 10 months ago
Analysts have been concerned about PayPal's margins, which have underwhelmed investors recently. While the company's unbranded businesses have shown s
Science & Technology - 10 months ago
Rochon also found no proof that Apple's board of directors acted improperly in awarding pay, and said the plaintiff, a pension fund affiliated with th
Science & Technology - 10 months ago
This comes after the Reserve Bank of India last week directed Paytm, one of the largest payments apps in the country, to cease accepting new deposits
Science & Technology - 10 months ago
The customer verification process of Paytm Money, the wealth management entity run by Paytm’s parent One 97 Communications, is being audited. This a
Science & Technology - 10 months ago
Bankers are wary of fraudulent merchants getting access to their systems during the transfer, bankers told ET. While fresh KYC is a standard procedure
Science & Technology - 10 months ago
However, scaling these businesses beyond the niche markets while staying profitable presents a major hurdle. While their operating revenue might be bo
Science & Technology - 10 months ago
The Department of Food and Public Distribution under the commerce ministry has launched the pilot on ONDC in Himachal Pradesh. The ONDC pilot enables
Science & Technology - 10 months ago
Paytm Money, the wealth management entity run by One 97 Communications, is being inspected by the Central Depository Services India. Earlier, RBI aske
Science & Technology - 10 months ago

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