Higher taxes for foreign investors from April 1

IANS-   Changes in the SEBI listing and prevention of insider-trading regulations, revisions in the double-taxation avoidance agreements (DTAAs) with Mauritius and Singapore are set to come into effect from April 1. The changes in DTAAs give India the right to tax capital gains arising on Indian equity shares sold by a Singapore or Mauritian […]

Change Facebook password, turn on 2FA now: Experts

IANS-   After a report revealed around 200-600 million Facebook users may have had their account passwords stored in plain text and searchable by over 20,000 Facebook employees, cybersecurity experts are urging users to change their passwords and turn on the two-factor authentication (2FA). So far the inquiry has uncovered archives with plain text user […]

Facebook stored users’ passwords in ‘readable’ form

IANS-   Facebook on Thursday said it has fixed a security issue wherein millions of its users’ passwords were stored in plain text and “readable” format for years and according to reports, were searchable by thousands of its employees. The report by KrebsOnSecurity claimed on Thursday around 200-600 million Facebook users may have had their […]

Disney now owns Star India after $71bn Fox deal

IANS-   With the closing of the $71 billion deal with 21st Century Fox, The Walt Disney Company now owns Indian TV giant Star, a Mumbai-based media company with dozens of sports and entertainment channels. The deal became effective on Wednesday morning. Besides Star India, the acquisition has most of Rupert Murdoch’s former empire including […]

Apple unveils iPad Air, mini in surprise move

IANS-   In a surprise move ahead of its expected launch of a video streaming service next week, Apple on Monday introduced an all-new 10.5-inch iPad Air and 7.9-inch iPad mini. The iPad mini (64GB) starts at Rs 34,900 for the Wi-Fi model and Rs 45,900 for the Wi-Fi+Cellular model and the iPad Air (256GB) […]

Christchurch attack: Ardern questions Facebook

IANS-   New Zealand Prime Minister Jacinda Ardern on Sunday said she intends to ask Facebook how the Christchurch gunman, who slaughtered 50 people during Friday prayers, was able to live stream the massacre. Using a GoPro camera, the terrorist on Friday broadcast extremely graphic footage of him shooting people at the Al Noor Mosque […]

Investors welcome fix to angel tax rules in India

Ritu Jha-   John Chambers, chairman of the US-India Strategic Partnership Forum, welcomed the quickness with which the Indian government addressed the issue of angel investors being taxed in that country. “This government has been the most responsive, of any government in the world,” Chambers told indica in the sidelines of the first 2019 west […]