The authenticity and full extent of the alleged exposure had not been independently verified in the post. MUMBAI: SBI has confirmed a data breach involving 3,897 customer records containing personal information, which were found on the dark web.SBI identified the records containing personal information in a preliminary analysis of 3.75 lakh records found on the…
HDFC Bank is currently investigating potential leaks of confidential information to social media and other outsiders. MUMBAI: HDFC Bank is investigating whether two executives shared unpublished price sensitive information (UPSI) with outsiders in violation of Sebi regulations and the bank’s code of conduct. UPSI can include data on financial results, dividends, capital raising and the…
Reliance Industries Ltd, led by billionaire Mukesh Ambani, will continue to hold a majority stake in Jio Platforms following its stock market listing. Jio Platforms IPO: India’s largest Initial Public Offering (IPO) till date opens for subscription on Wednesday. Jio Platforms plans to raise approximately Rs 30,213 crore through a fresh issue of up to…
Oil flows from the Middle East have topped prewar levels at over 24 million barrels a day despite escalating attacks on shipping in Hormuz Persian Gulf oil exports have climbed above prewar levels despite intensifying attacks on shipping in the Strait of Hormuz, as tankers adapt to the risks with US protection and alternative routes…
Jio Platforms is expected to have a market capitalisation of around Rs 10.3 lakh crore at the upper end of the price band. Jio IPO: The Qualified Institutional Buyers (QIB) category in Jio Platforms’ IPO has been subscribed more than twice over within minutes of the issue opening on Wednesday.Demand for the QIB portion had…
Tech giants’ AI spending to exceed $1 trillion in 2027 Big tech firms are set to splurge over $1 trillion on AI infrastructure in 2027 as demand for computing power continues to grow faster than supply, according to a report by UBS.The investment boom is also helping boost US economic growth, even as companies face…
Goldman Sachs warns commodity prices could remain volatile through 2027, crude could hit $140 (representative image) Commodity prices could remain volatile through 2027 as geopolitical conflicts, disruptions to energy and agricultural supplies, and extreme weather risks threaten global markets, with crude oil, European natural gas and agricultural commodities facing significant upside risks, according to a…
HDFC Bank probe finds two senior executives shared sensitive information with outsiders NEW DELHI: HDFC Bank has found evidence that two senior executives shared confidential business plans and possibly market-sensitive information with outsiders, according to a Bloomberg report.The probe began after some bank leaders raised concerns about possible leaks. The two executives, who oversee key…
The rupee traded between 94.35 and 94.82 against the US dollar during the session The rupee strengthened sharply on Wednesday, rising 53 paise to close at 94.38 against the US dollar, supported by foreign currency inflows linked to Reliance Industries’ Jio Platforms IPO and intervention by the Reserve Bank of India (RBI).The recovery came despite…
The state-run refiner is reassessing its crude sourcing strategy amid supply disruptions and soaring freight costs linked to the Iran war. Indian Oil Corporation (IOC), India’s largest refiner, plans to scale back crude oil purchases from Middle Eastern suppliers under annual contracts for the financial year 2027-28, as the prolonged Iran war continues to disrupt…
