Technology Archives - Page 19 of 21

03 Mar

CYBER CRIME: MASTERMIND ARRESTED BEHIND FAKE WEBSITE OF MINING DEPARTMENT

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ACCUSED CREATED FAKE WEBSITE TO GENERATE FORGED MINING RECEIPTS, CAUSING HUGE LOSS TO STATE EXCHEQUER CHANDIGARH: Amidst the ongoing crackdown against cybercrime as per directions of Chief Minister Bhagwant Singh Mann, Punjab Police’s State Cyber Crime Division has arrested the prime accused running a fake website impersonating the official website of the Punjab Government’s Mining Department to generate counterfeit receipts and forms, facilitating the movement of vehicles involved in illegal mining, said Director General of Police (DGP) Punjab Gaurav Yadav here on Monday. The accused, identified as Gaurav Kumar of Kharar in SAS Nagar, has created the exact replica of the…

03 Mar

SUCCESSFUL IMPLEMENTATION OF DIRECT PAYOUT SETTLEMENT FOR SECURITIES

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The mechanism strengthens market integrity and operational efficiency Mumbai: The Market Infrastructure Institutions (MIIs), comprising Exchanges, Clearing Corporations and Depositories, have successfully implemented the Direct Payout Settlement mechanism for securities on February 25, 2025, under the guidance of Securities and Exchange Board of India (SEBI). This initiative enhances efficiency, transparency, and investor protection, ensuring seamless direct credit of securities to clients’ demat accounts. The mechanism strengthens market integrity and operational efficiency. National Stock Exchange of India (NSE) was the first exchange in India to implement electronic or screen-based trading. It began operations in 1994 and is ranked as the largest…

01 Mar

60% of Indian retailers see technology as key to competitiveness: PwC India Report

MFNewsBrands, Business, Opinions, Technology

Despite a strong demand for in-store interactions, 53% of traditional retail stores surveyed have yet to adopt technology solutions. Chandigarh: PwC India has launched a report titled, "The Retail Reinvention Paradigm: How brands could up their game," at the Retailers Association of India’s (RAI) Retail Leadership Summit in Mumbai today. According to the report, 60% of brick-and-mortar retailers surveyed believe that improved access to technology can empower them to enhance their competitiveness in this evolving market. The report emphasises the use of AI-driven analytics for personalised experiences, mobile apps for consumer engagement, and modern POS (Point of Sale) systems for…

28 Feb

Results for the prestigious Reliance Foundation Postgraduate Scholarships 2024-25 announced

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Nurturing aspirations and celebrating excellence, 100 postgraduate scholars from select future-ready courses have been selected The scholars will get a grant of up to Rs. 6 lakhs along with comprehensive capacity-building throughout their academic journey Mumbai: Reliance Foundation has announced results of the prestigious Reliance Foundation Postgraduate Scholarships 2024-25. In-line with organisation’s commitment to nurturing India’s brightest minds in science and technology, the results are declared on National Science Day. Reliance Foundation offers postgraduate scholarships to 100 exceptional first-year students in India pursuing select degrees in Engineering, Technology, Energy, and Life Sciences. These scholarships provide financial assistance, mentorship, networking opportunities,…

28 Feb

Strand Life Sciences Launches Portal to Help Doctors with Rare Disease Diagnosis

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Offers Discounted Testing for Low-Income Patients Bengaluru: On the occasion of Rare Disease Day, Strand Life Sciences, a Reliance Industries subsidiary and leading genomics company, today launched the StrandOmics Portal to improve diagnosis of rare diseases. This new online portal gives clinicians quick and easy access to information on genetic variants, giving them a comprehensive view for each case. This means faster and more accurate diagnosis for patients. In addition to the portal, Strand Life Sciences will offer rare disease genetic testing at a reduced cost for patients from economically disadvantaged backgrounds, making these crucial tests more accessible. The StrandOmics…

28 Feb

The new BMW 3 Series Long Wheelbase launched in India.

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Most Powerful Petrol engine in its segment, with the iconic BMW B48 engine pushing out 258 hp and 400 Nm of Torque Gurugram. The new BMW 3 Series Long Wheelbase was launched in India today. Locally produced at BMW Group Plant Chennai, the car is available in the petrol variant at all BMW India dealerships. The diesel variant will be launched later. Mr. Vikram Pawah, President, BMW Group India said, “The new BMW 3 Series Long Wheelbase has set new standards in its segment with an elongated design, enhanced space, luxurious comfort and dynamic performance. Impressive in every way, it…

28 Feb

National Stock Exchange of India (NSE) and Government of Goa Join

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Hands to Launch ‘Student Skilling Program’ in BFSI Sector Goa: The National Stock Exchange of India (NSE) and the Government of Goa have joined forces to launch the ‘Student Skilling Program’ aiming to equip the youth of Goa with industry relevant skills in Banking, Financial Services, and Insurance (BFSI) sector. A Memorandum of Understanding (MoU) has been signed between the two entities, marking a significant step towards empowering young individuals with industry-relevant skills and enhancing their employability in the BFSI sector. Goa is the 5th state after Uttarakhand, Meghalaya, Chhattisgarh and Assam to partner with NSE on skilling youth. The…

27 Feb

EPFO: Rationalization of Validations and Partial Withdrawals through simplified processes

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EPFO reaffirmed its commitment to digital transformation and faster claim settlements and pension disbursements New Delhi: With the goal of providing ease of living for its members, EPFO is working on a plan for simplification of claim processing, including rationalization of validations for partial withdrawals. EC was also provided an update on the progress. A technical committee has recommended simplification of validations in Form 31 for advance withdrawals. EC decided that the reduction in unnecessary validations and the implementation of simplified partial withdrawals should be carried out in parallel with ongoing IT reforms. It was emphasized that these measures would significantly enhance…

27 Feb

Swaraj in increasing women representation – growing from just 1.5% in 2013 to over 10% in 2024

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Udaiti Foundation Highlights Transformative Progress in Gender Diversity at Swaraj Tractors and Swaraj Engines Mohali: The Udaiti Foundation has released a study showcasing the remarkable strides made by Mahindra’s Swaraj Division and Swaraj Engines Limited (Swaraj) in fostering gender diversity on shop floors. The study highlights the efforts of Swaraj in increasing women representation - growing from just 1.5% in 2013 to over 10% in 2024, thereby setting a benchmark for India’s tractor manufacturing sector. Women employees have lower absenteeism and higher retention rates, contributing to enhanced productivity and operational efficiency, hence making a strong case for their inclusion in the…

27 Feb

Bajaj Allianz Life Becomes the First Insurer to Go Live with Bima-ASBA Facility

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This milestone aligns with the Insurance Regulatory and Development Authority of India’s (IRDAI) Chandigarh: Bajaj Allianz Life, one of India’s leading private life insurers, has become the first insurer to go live with the BIMA- Application Supported by Blocked Amount facility (Bima-ASBA). This milestone aligns with the Insurance Regulatory and Development Authority of India’s (IRDAI) initiative to bring operational ease, enhance policyholder convenience, ensure greater transparency, and simplify the insurance premium payment process. Bima-ASBA is a significant step forward in making premium payments smoother and customer friendly. Under this IRDAI initiative, policyholders can opt for UPI’s One-Time Mandate (OTM) and…