A to Z Solutions.

2020-05-20 13:20:41 70% of Indian startups have cash for less than 3 months: Nasscom report

Seventy per cent of Indian startups have less than three months of cash runway in the bank, a Nasscom report that received responses from over 250 startups said. Only 8% of startups that participated in the survey said they had enough money to survive for more than nine months. 90% of startups said they were facing a decline in revenues. Open / Comment

2020-05-20 13:20:01 UK's easyJet says details of 90 lakh customers exposed in cyberattack

UK-based airline easyJet on Tuesday said that the travel information of 90 lakh customers was exposed in a 'highly sophisticated' cyberattack on the airline. Of those affected, 2,208 had their credit card details stolen. "There is no evidence that any personal information of any nature has been misused," the airline said. Open / Comment

2020-05-20 13:16:49 ICAI clarification Open / Comment

2020-05-20 13:16:05 Trojan malware targetting co-operative banks using COVID-19 as bait: Report

Attackers have launched a trojan malware campaign to target co-operative banks by using COVID-19 as a decoy to send phishing emails claiming to be from RBI or a nationalised bank, Seqrite reported. The email consists of COVID-19 guidelines with an attachment containing the malware. The malware can take over users' devices, steal their information and carry out financial fraud Open / Comment

2020-05-20 13:15:46 IndiGo flights to share weather data with IMD

IndiGo said that it will provide data on wind, humidity and temperature during all flight operations to the India Meteorological Department (IMD) to help it predict weather accurately. The data has been unavailable to the IMD since commercial flight operations were suspended due to the lockdown, the airline added. IndiGo's pilots will capture and share observations at different altitudes. Open / Comment

2020-05-20 13:13:48 India among 10 nations elected to WHO's Executive Board

India was on Tuesday elected to the WHO's Executive Board. Botswana, Colombia, Ghana, Guinea Bissau, Madagascar, Oman, Republic of Korea, Russia and the UK are the other nations elected to the Executive Board. The main functions of the Executive Board are to give effect to the decisions and policies of Health Assembly, to advise it and to facilitate its work. Open / Comment

2020-05-19 14:59:22 Twitter CEO-led Square also allows staff to work from home permanently

Days after Twitter announced its employees can work from home permanently, Twitter CEO Jack Dorsey led mobile payments company Square also said most of its employees can continue to work from home permanently. "We want employees to be able to work where they feel most creative and productive," Square said. Square does not have an expected timeline for reopening offices. Open / Comment

2020-05-19 14:58:58 SC rejects Arnab's plea to transfer case from Maharashtra police to CBI

The Supreme Court on Tuesday rejected a plea filed by Republic TV Editor-in-Chief Arnab Goswami seeking transfer of the investigation of a case, filed against him for allegedly defaming Congress president Sonia Gandhi, from the Maharashtra police to the CBI. However, the apex court extended Goswami's interim protection from arrest for another three weeks. Open / Comment

2020-05-19 14:58:11 Tata Consumer to acquire PepsiCo’s stake in NourishCo Beverages for ₹29 cr

Tata Consumer Products announced it will acquire PepsiCo's stake in NourishCo Beverages, a 50:50 joint venture between the two companies, for ₹29 crore. The deal, set to be completed by June 30, is in line with Tata's objective to grow its portfolio in the food and beverage space. The JV between Tata Consumer and PepsiCo was formed in 2010. Open / Comment