This is the third exchange under the scanner of the federal agency for allegedly diverting proceeds of crime raised by 365 instant loan apps by offering loans at exorbitant rates of interest and then using tele-callers to recover them.
The new rules have already had a positive effect, it seems, with complaints about digital lending down significantly in the past fortnight, according to non-profits that work to protect consumers.
With the top goal to enable women’s entrepreneurship, the foundation expects to impact over 25 lakh lives across 15 states by the end of this year itself, chief executive Nidhi Bhasin told ET. While the foundation is currently focused on urban areas it is rapidly expanding programs to rural India. These initiatives are part of Nasscom’s stated Tech For Good goals for the next decade.
Founded in 2017 by Yogesh Kabra, XYXX is a new-age menswear brand which produces and retails products across innerwear, comfortwear, loungewear, active wear and winter wear.
Instamart aims to deliver groceries in 15-30 minutes through a network of seller-owned dark stores that emerged from the learnings of Swiggy Stores.
Chinese cloud service providers have already said that growth had slowed due to market regulations, while AWS, Azure and Google Cloud reported a 7% lower incremental revenue in the first half of this year compared to the previous year.
In an 84-page complaint, Zatko, a famed hacker more widely known as "Mudge," alleged Twitter falsely claimed it had a solid security plan, according to documents relayed by congressional investigators.
