Bank frauds jump 8 times in first half of FY25 over a year

In 2023-24, banks experienced the lowest fraud amounts in a decade and the least average fraud amount in 16 years. However, in the first half of FY25, the fraud amount surged to Rs 21,397 crore with internet and card frauds comprising a significant share.

In 2023-24, banks experienced the lowest fraud amounts in a decade and the least average fraud amount in 16 years. However, in the first half of FY25, the fraud amount surged to Rs 21,397 crore with internet and card frauds comprising a significant share. from Times of India https://ift.tt/9SQOMlz

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Airtel-Tata DTH merger talks fail, Airtel informs BSE

Bharti Airtel and Tata Group have called off their discussions to merge Airtel Digital TV and Tata Play due to unresolved issues. The proposed deal, aimed at combining the two loss-making DTH operations, involved a share swap where Airtel would potentially hold a majority stake. Bharti Airtel and Tata Group have called off their discussions to merge Airtel Digital TV and Tata Play due to unresolved issues. The proposed deal, aimed at combining the two loss-making DTH operations, involved a share swap where Airtel would potentially hold a majority stake. from Times of India https://ift.tt/gt5oqs7

Delta, United & others sue cybersecurity firm for over $2 bn in damages

Following the loss incurred by Crowdstrike’s faulty update in July, which resulted in significant financial damage to shareholders and lawsuits from customers, Delta Airlines, one of the affected companies, is planning to file a class-action lawsuit against the cybersecurity firm. The airlines seeks compensation of up to $500 million from both Crowdstrike and Microsoft, as disclosed in the company’s filing with the US Securities and Exchange Commission (SEC). Following the loss incurred by Crowdstrike’s faulty update in July, which resulted in significant financial damage to shareholders and lawsuits from customers, Delta Airlines, one of the affected companies, is planning to file a class-action lawsuit against the cybersecurity firm. The airlines seeks compensation of up to $500 million from both Crowdstrike and Microsoft, as disclosed in the company’s filing with the US Securities and Exchange Commission (SEC). from Times of India https://ift.tt/wetNQs7

WWDC 2025: Apple employee protests during event; unzips his jacket to ....

An Apple employee disrupted the WWDC keynote, protesting during Craig Federighi's presentation. The protester displayed a keffiyeh and employee badge while shouting inaudibly before being escorted off stage. This incident follows similar protests at Microsoft's Build conference, highlighting growing internal dissent within tech companies regarding ethical responsibilities. The disruption, captured on video, has sparked discussion on social media. An Apple employee disrupted the WWDC keynote, protesting during Craig Federighi's presentation. The protester displayed a keffiyeh and employee badge while shouting inaudibly before being escorted off stage. This incident follows similar protests at Microsoft's Build conference, highlighting growing internal dissent within tech companies regarding ethical responsibilities. The disruption, captured on video, has sparked discussion on social media. from Times of India https://ift.tt/zDP59ai

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