300 Banks ‘go down’ after hacker attack, GST notice to Infosys, new rules for FASTag and other top news of the week

300 Banks ‘go down’ after hacker assault, GST discover to Infosys, new guidelines for FASTag and different prime information of the week

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A ransomware assault, attributed to the RansomEXX group, hit the Nationwide Funds Company of India (NPCI) and the connectivity was restored. The Karnataka state tax authorities issued a Rs 32,403 crore GST demand discover to Infosys however withdrew it. In the meantime, Apple set a brand new quarterly income report in India, new guidelines for FASTag got here into impact, and corporations like Realme, Motorola, Oppo, amongst others launched smartphones.All this and different tech information of the week.

NPCI ransomware assault: UPI, ATM providers resume for 300 small banks

The Nationwide Funds Company of India (NPCI) restored connectivity with C-Edge Applied sciences following a ransomware assault. The breach impacted providers at small Indian native banks reliant on C-Edge, affecting 300 regional and cooperative banks. After a safety assessment, NPCI confirmed that compromised programs have been remoted and providers have been totally restored. Read more.

Karnataka authorities withdraw GST discover despatched to Infosys, direct the corporate to …

In a dramatic flip of occasions, Infosys has been briefly relieved of the staggering Rs 32,403 crore GST demand. The Karnataka state tax authorities, who had issued the discover, have withdrawn it and directed the IT big to reply to the central GST intelligence company as a substitute. Read more.

New guidelines for FASTag beginning August 1

New laws for FASTags, the digital toll assortment system, got here into impact on August 1, as introduced by the Nationwide Funds Company of India (NPCI). These modifications purpose to boost the system’s effectivity and safety, impacting thousands and thousands of FASTag customers throughout India. Read more.

Apple units new income report in India, Mac gross sales at highest ever

Apple reported quarter income information in India and different rising markets, contributing to an total better-than-expected June quarter. The iPhone maker introduced a 5% year-over-year improve in quarterly income, reaching $85.8 billion for its fiscal 2024 third quarter ended June 29. Read what Apple CEO Tim Cook said.

Intel to layoff over 15,000 workers

Intel introduced a 15% discount of its workforce, impacting round 15,000 workers, as a part of cost-saving measures. CEO Pat Gelsinger acknowledged the tough determination in an inside memo, highlighting the necessity to align prices with a brand new working mannequin. Plans embody enhanced retirement choices and voluntary departure applications to deal with excessive prices and low margins. Read the memo shared by the company’s CEO.

Apple Intelligence involves iPhones and MacPCs

Apple launched the primary developer betas of iOS 18.1, iPadOS 18.1, and macOS Sequoia 15.1, introducing an early model of its extremely anticipated Apple Intelligence options – marking the primary time builders can take a look at Apple’s foray into generative synthetic intelligence (AI) on their gadgets. Here are the details.

Pakistan launches WhatsApp rival, Beep Pakistan

Pakistan is about to introduce its personal messaging platform, “Beep Pakistan,” designed initially for presidency workers, with plans for a wider public launch. The transfer comes amid rising issues over WhatsApp’s efficiency within the nation, which customers attribute to potential web restrictions. Read why it has users in the country worried.

Techie loses Rs 28 lakh to courting rip-off

An engineering graduate in Visakhapatnam fell sufferer to a web-based courting rip-off, dropping over Rs 28 lakh. The sufferer was manipulated by fraudsters who created pretend profiles to ascertain romantic relationships. One gang member has been recognized, with investigations ongoing. Read how he was trapped.

Lawyer loses Rs 93 lakh after downloading this app in inventory buying and selling rip-off

A lawyer misplaced Rs 93 lakh after a scammer lured him with guarantees of considerable inventory market income. The sufferer was then added to a WhatsApp group named “Membership 88” and directed to obtain a cellular app known as “Block Tigers.” The lawyer transferred the full sum to a number of financial institution accounts by June 27. Details here.

Mumbai engineer orders smartphone from Amazon, will get ‘Tea-rrible’ shock

A 42-year-old ordered a Tecno Phantom V Fold 5G smartphone value Rs 54,999 from Amazon. The order bought delivered on July 15, as a substitute of the cellphone, the parcel had a set of tea cups inside. Read more about the case.

Google to Tesla CEO Elon Musk: We wish to set this report straight …

Google responded to the accusations by Tesla CEO Elon Musk who stated that the search engine big is ‘interfering’ with the US elections and ‘banning’ Republican Presidential candidate Donald Trump on Search. Google made a sequence of posts on X (previously often known as Twitter) ‘to set the report straight’. Here are the details.

New smartphone launches from Oppo, Realme, Motorola, Poco and Nothing

A number of manufacturers like Oppo, Realme, Nothing, Motorola and Poco launched smartphones in India. These embody Oppo k12x and Oppo A3x 5G; Realme Narzo N61; Nothing Phone (2a) Plus; Motorola Edge 50 and Poco M6 Plus.



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