Big tech companies

New Delhi: The phone’s been ringing off the hook for Meghna Saraogi, cofounder of Styledotme, a tech solution that caters primarily to jewellery companies. Most of her clients, sixth or seventh-generation jewellers, have traditionally been secretive about jewellery catalogues. But Covid-19 has changed everything. “It's much easier to sanitise an iPad on which people can virtually try on jewellery rather than every single piece after it’s tried on. Contactless selection and try-ons will be the next big thing,” said Saraogi, whose client list includes big names such as Tanishq and Hazoorilal Jewellers. Her business has seen a 150% increase in enquiries since the lockdown began, and not just from India. This is possibly the company’s best business month ever, she said. In a Covid-ravaged world where the rules of business are getting written afresh, the fashion industry is getting a makeover, pivoting toward remote working, digital draping and trials. … [Read more...] about Covid impact: Tech walks the ramp in fashion makeover

I have been reasonably confident that life will come back to near normal pretty quickly, says ED & CIO of HDFC AMC. Why don’t you share the big picture with us first and then I will get into the specifics.These are clearly unprecedented times. But yes, there is now some more clarity in views. The current year will be an outlier year and it will be an extremely difficult year for the economy because for two months almost half the economy did not function and that will lead to a significant economic impact; analysts now estimate between 5% to 10% GDP contraction in the current year and very broadly, those numbers appear to be realistic. It will have a significant fiscal impact as well because there will be severe loss of revenues. Corporate profitability will also be hit sharply, especially in sectors where the fixed costs component and discretionary element of sales is high. The good news is that the external side of India looks to be very strong and India is very uniquely … [Read more...] about India may see a trade surplus after 10-12 years; to keep currency stable: Prashant Jain

Novi is designed to hold Facebook’s Libra digital currency, which means the money added to the wallet becomes a hybrid of a country’s local currency and Libra. It has an in-app fraud reporting, and a dedicated customer care support to raise a complaint. In the event of a fraud, the customer is eligible to receive a full refund. … [Read more...] about Today’s cache | Facebook’s new digital wallet, and more

Further stoking the fire on the postal voting issue, Florida newspaper the Tampa Bay Times has now revealed that Trump’s press secretary Kayleigh McEnany, who has been defending her boss’s attacks on postal voting, has voted by mail in every single Florida election she’s voted in. … [Read more...] about President Trump’s plan to shut Twitter threatened by Freedom Watch court decision

The cyber security team has discovered new campaigns by ‘hack-for-hire’ firms - - most of them are based in India. These hackers create Gmail accounts that imitate the WHO, and target business leaders in financial services, consulting and healthcare corporations based in several countries, including the US, Canada, India, UK, and Bahrain. … [Read more...] about Today’s cache | Google’s report on state-back phishing campaigns, and more