World's largest crypto exchange Binance freezes $2.54bn after suspected hack
https://timesofindia.indiatimes.com/business/international-business/worlds-largest-crypto-exchange-binance-freezes-2-54-billion-after-suspected-hack/articleshow/135338439.cms
https://timesofindia.indiatimes.com/business/international-business/worlds-largest-crypto-exchange-binance-freezes-2-54-billion-after-suspected-hack/articleshow/135338439.cms
September pain for credit card companies: Spending down 6% at Rs 2L cr
https://timesofindia.indiatimes.com/business/india-business/september-pain-for-credit-card-companies-spending-down-6-at-rs-2l-cr/articleshow/135338544.cms
https://timesofindia.indiatimes.com/business/india-business/september-pain-for-credit-card-companies-spending-down-6-at-rs-2l-cr/articleshow/135338544.cms
Asian Paints profit up 7.5%; inflation squeezes margins
https://timesofindia.indiatimes.com/business/india-business/asian-paints-profit-up-7-5-inflation-squeezes-margins/articleshow/135338660.cms
https://timesofindia.indiatimes.com/business/india-business/asian-paints-profit-up-7-5-inflation-squeezes-margins/articleshow/135338660.cms
Vijay Sankar named next Ficci president
https://timesofindia.indiatimes.com/business/india-business/vijay-sankar-named-next-ficci-president/articleshow/135338742.cms
https://timesofindia.indiatimes.com/business/india-business/vijay-sankar-named-next-ficci-president/articleshow/135338742.cms
Amazon shares sink 7% as AI spending fuels cash-burn concerns, overshadow cloud growth
https://timesofindia.indiatimes.com/business/international-business/amazon-shares-sink-7-as-ai-spending-fuels-cash-burn-concerns-overshadow-cloud-growth/articleshow/135347356.cms
https://timesofindia.indiatimes.com/business/international-business/amazon-shares-sink-7-as-ai-spending-fuels-cash-burn-concerns-overshadow-cloud-growth/articleshow/135347356.cms
Amazon's shares dropped significantly in after-hours trading following disappointing earnings and substantial investments in artificial intelligence. The company reported a net income decline and lower-than-expected forecasting for the holiday season. Its cloud computing unit, Amazon Web Services, saw robust growth but raised concerns over cash burn from high capital expenditure. Additionally, Amazon's advertising revenue growth missed analysts' expectations for the first time in seven quarters.
Trent shares jump 7% after strong Q2 results, Zudio's 1,000-store milestone
https://timesofindia.indiatimes.com/business/india-business/trent-shares-jump-7-after-strong-q2-results-zudios-1000-store-milestone/articleshow/135350714.cms
https://timesofindia.indiatimes.com/business/india-business/trent-shares-jump-7-after-strong-q2-results-zudios-1000-store-milestone/articleshow/135350714.cms
Trent's shares increased by 7% on the stock market after reporting a 25% increase in net profit. Revenue from operations also rose by 22%, contributing to significant financial growth. The company opened its 1,000th Zudio store as part of its ongoing expansion strategy. Trent's food and grocery segment, Star, also showed robust growth despite market competition. The chairman expressed optimism about the company's future potential and business trajectory.
Are banks cyber-ready? RBI seeks proof of compliance amid rising attacks
https://timesofindia.indiatimes.com/business/india-business/are-banks-cyber-ready-rbi-seeks-proof-of-compliance-amid-rising-attacks/articleshow/135353767.cms
https://timesofindia.indiatimes.com/business/india-business/are-banks-cyber-ready-rbi-seeks-proof-of-compliance-amid-rising-attacks/articleshow/135353767.cms
In light of increasing cyberattacks on financial institutions, the Reserve Bank of India has shifted its focus to enhancing cybersecurity protocols. Banks are now mandated to fortify their application programming interfaces to avert potential security breaches. Alarming recent incidents, such as data leaks and unauthorized transactions affecting leading banks, have raised concerns.
Global LNG prices jump 6%: Is India's gas affordability under pressure
https://timesofindia.indiatimes.com/business/india-business/global-lng-prices-jump-6-is-indias-gas-affordability-under-pressure/articleshow/135358416.cms
https://timesofindia.indiatimes.com/business/india-business/global-lng-prices-jump-6-is-indias-gas-affordability-under-pressure/articleshow/135358416.cms