As college costs soar, financial aid can make all the difference. Still, many families wrongfully assume they won’t qualify and don’t even bother to apply. Each year, more than 1.7 million private scholarships and fellowships are awarded, worth more than $7.4 billion. Your family’s income doesn’t have to stand in the way. In fact, qualifying […]
Archives for February 2020
Lloyds hit by bad deeds and bad debts
LONDON (Reuters) – Britain’s biggest domestic lender Lloyds Banking Group (LLOY.L) reported a 26% drop in annual profit on Thursday, hit by increasing bad debts and billions of pounds of customer compensation. Provisions to cover payouts to customers mis-sold payment protection insurance (PPI) reached nearly 2.5 billion pounds ($3.2 billion) in 2019, dragging down pretax […]
TikTok to focus on self regulation to ensure people ‘post responsibly’
Chinese video sharing app Tiktok, which has had a tough time in India due to regulatory issues, on Thursday affirmed to focus on self regulation to ensure that people ‘post responsibly’. There is a four-step moderation process to review posts so as to maintain the platform’s credibility, its country head Nikhil Gandhi said. The app, […]
How to Sharpen the Blurriness in Edge Computing
IT and end users need to collaborate and agree on policies and procedures for edge security, software updates, asset management and technology deployment. Image: Shutterstock From networks and integration to failover, asset management, and security, there will be plenty for IT to do to ensure adequate support for edge technology. Here are 10 key areas […]
Fintech investments in India nearly doubled to $3.7 billion in 2019, says Accenture
Fintech investments in India nearly doubled to $3.7 billion in 2019 from $1.9 billion the previous year, putting the country as the world’s third largest fintech center, behind only the U.S. and U.K., according to Accenture. Accenture, which analyzed data from CB Insights, a global venture-finance data and analytics firm, said the number of deals […]
Zerodha seeks asset management company licence to foray into mutual fund
Discount broking firm Zerodha said on Thursday it had applied for an asset management company (AMC) licence, which will permit it to build mutual fund products. Nithin Kamath, founder and CEO of Zerodha, told ET that the application to markets regulator Securities and Exchange Board of India (Sebi) is aimed at building such products targeted […]
Azure Security Center for IoT RSA 2020 announcements
We announced the general availability of Azure Security Center for IoT in July 2019. Since then, we have seen a lot of interest from both our customers and partners. Our team has been working on enhancing the capabilities we offer our customers to secure their IoT solutions. As our team gets ready to attend the […]
I-T dept moves HC against Flipkart’s ITAT ruling
The income tax (I-T) department has taken Walmart-owned Flipkart to high court over its Rs 110-crore demand. The case relates to the treatment of discounts as capital expenditure instead of revenue expenditure, according to court listings reviewed by TOI. Flipkart was issued a notice last month to appear and represent its case following the tax […]
Walmart bets on PhonePe cash withdrawal facility
Walmart’s top executives are betting big on its Indian payments enterprise PhonePe’s foray into digital ATM business to claim the top spot in the country’s increasingly competitive digital payments market where the global retailer faces stiff competition from peers Google, Amazon, Facebook and Alipay-backed Paytm. The recently-launched digital ATM feature by PhonePe plans to enable […]
IIT-M admits e-mail servers are down
IIT Madras has roped in technology services company Microsoft to resolve a server-related dysfunction impacting official e-mails since late Monday evening, said a senior professor aware of the network issue plaguing one of the top engineering and research institutes in the country. In a statement to the press on Wednesday, IIT-Madras said the e-mail sever […]