"In the wake of a detected cyber-attack, we have isolated all data center services to take required preventive actions. We are anticipating all services to be up within 24 hours and we do not foresee any major impact on our operations due to this incident,” said Mukesh Rathi, CIO, Dr. Reddy’s Labs. … [Read more...] about Dr Reddy’s Labs shares trade lower as data breach forces the company to shut plants
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Vinit Bolinjkar, Head of Research, Ventura Securities, said the current valuation of the stock was attractive. A sharp pullback was not expected. There would be a slow gain in the share price and future price action would be in accordance with the bank's performance, Bolinjkar said. … [Read more...] about IndusInd share price rises as bank denies merger reports
Amazon.com has won an interim order against partner Future Group selling its retail business to Reliance Industries (RIL) for Rs 24,713. The order, passed in a Singapore-based arbitration panel on October 25, effectively puts a pause to the Future-RIL deal. … [Read more...] about Amazon wins interim relief; Future-Reliance Retail deal put on hold
Reliance Retail Ventures Limited (RRVL) is informed of an interim order passed by the emergency arbitrator in the arbitration proceedings invoked by Amazon under a shareholders’ agreement with the promoters of Future group, said a company release. … [Read more...] about Arbitrator puts Reliance Retail-Future deal on hold, RIL share price trades lower
As per the Reuters report, Facebook’s interest in such bets is an effort to make money from television advertising and increase the time spent on its platform. Facebook currently offers live video from a number of news publishers as well as its users. … [Read more...] about Facebook bids for IPL’s streaming rights: Is Zuckerberg trying to tap the video streaming business?