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Avail Finance gets $ 9 million from Matrix Partner

BENGALURU: Blue-collar workforce focused financial technology startup Avail Finance has raised $ 9 million from venture capital firm Matrix Partners India. This is on top of the last round led by the Bengaluru-based company, when it raised over $17 million last year in a mix of equity and debt funding. It counts Flipkart co-founder Binny Bansal, Cred founder Kunal Shah, Ola founders Bhavish Aggarwal and Ankit ... Read More »

‘Buyer’ grabbed computer from seller, Madison police say

A man supposedly buying a mini computer from a man in a face-to-face sale arranged on Facebook Marketplace robbed the seller of the device instead by winning a tug-of-war over it. The strong arm robbery happened at about 5 p.m. Saturday in the 2400 block of Prairie Avenue, Madison police said. The 46-year-old seller of the Mac mini device arranged ... Read More »

WHAT HAPPENS IF RUSSIA CUTS ITSELF OFF FROM THE INTERNET

THE WORLD’S INTERNET infrastructure has no central authority. To keep it working, everyone needs to rely on everyone else. As a result, the global patchwork of undersea cables, satellites, and other technologies that connect the world often ignores the national borders on a map. To stay online, many countries must rely on equipment outside their own confines and control. Nation-states periodically attempt to ... Read More »

How to Recover a Stolen Computer From an Ex-employee in 7 Easy Steps

As many as 60 percent of employees who are laid off, fired or quit admit to stealing company data. Sometimes they download information on their way out the door. Sometimes they email information to a personal email account. And sometimes they simply fail to return a company laptop or other device that contains the data. In the latter case, according ... Read More »

Finance Ministry considers steps to prevent composition dealers from charging GST from buyers

In a consumer-friendly measure, the revenue department is planning to make it mandatory for composition dealers and service providers to declare their GST registration status in invoices to ensure that they do not charge any tax from buyers. The measure, once implemented, would check the widespread practice of composition dealers of charging GST from purchasers and not depositing it with ... Read More »

Computer Baba, Expelled From His Sect, May Set Up New Akhada

omputer Baba said he will mobilise saints and seers of India from December 22 to 30 in Allahabad (FILE) Indore:  Religious leader Computer Baba, who was recently expelled from the Digambar Ani Akhada, said he is mulling to set up a new “akhada“, or sect, when the Kumbh Mela takes places in Allahabad in Uttar Pradesh. Computer Baba, a friend-turned-critic ... Read More »

After IL&FS Episode, Govt Fears Default from NBFCs, Housing Finance Firms: Report

Department of Economic Affairs (DEA) fears significant default from large non-banking finance companies (NBFC) and housing finance companies in the next six weeks if no additional liquidity support is provided to these firms, MoneyControl said on Friday. The DEA, in a letter to the Ministry of Corporate Affairs, described the financial situation as “still fragile” when discussing the financial stability ... Read More »

20 ‘FORGOTTEN’ motorcycles & scooters from Bajaj: Sunny to Caliber

Bajaj Auto Ltd (BAL) has some of the most popular two-wheeler brands in its arsenal. Back in the day, the company enjoyed a huge demand for its geared motorcycle. By the turn of the millennium, the company had started its journey to transform from a scooter manufacturer to the maker of world-class motorcycles. Today, the Pulsar range of motorcycles from ... Read More »

Samsung Galaxy Note 9 Teased to Be Faster and Offer More Storage; Sales Said to Begin From August 24

HIGHLIGHTS Galaxy Note 9 may be faster and have more storage Its market availability in Europe tipped for August 24 Note 9’s cases and covers showcased in leaked renders Samsung is just two weeks away from launching its latest flagship – Galaxy Note 9 – in the market. The company has already started teasing the upcoming smartphone via several videos. While a teaser ... Read More »

Facebook Patents Tech That Records Ambient Audio From Client Devices to Measure Ad Impressions

HIGHLIGHTS The patent shows tech that turns your mic on to record how you watch ads Facebook can embed high-pitched audio signals emerging from your TV The social media giant has denied the claims It is not surprising when Facebook users think that the social media giant is spying on their conversations. While a large number of people believe that Facebook secretly ... Read More »