KKR, Singtel and the Tata Group plan to sell STT Global Data Centres India (STT GDC India). They are its key shareholders. The sale could be one of the largest data centre deals in India.
According to a report in The Economic Times, the multi-billion-dollar sale comes amid a global rush to add data centre capacity. Hyperscalers and infrastructure providers are driving that rush. STT...
Binance recorded $3.64 billion in net outflows after it reopened withdrawals on Sunday. The reopening followed a $6.3 billion hack. Customers rushed to move their funds off the world’s biggest crypto exchange.
The Numbers
Between 6 a.m. and 3:30 p.m. UTC on Nov. 1, Binance processed $4.65 billion in withdrawals and $1.01 billion in deposits. The exchange shared the figures in a post on X.
The net...
Akamai and Visa have announced a strategic collaboration to secure the emerging world of agentic commerce, where autonomous AI agents browse, compare and purchase...
Karnataka, India’s technology hub, now accounts for 25.76% of all cybercrime cases registered nationwide, according to the Additional Director General of Police (Training). Speaking...
Facial Recognition and Fingerprint Verification to Replace PIN for Seamless Digital PaymentsIn a landmark move to strengthen digital payment security and convenience, India is...
Fintech platform MobiKwik is once again under scrutiny after a major “processing glitch” triggered unauthorized payouts amounting to ₹40 crore. The company’s statement attributes...
India’s Enforcement Directorate has arrested a prime suspect behind a transnational cyber scam involving fake call centres that defrauded foreign nationals. The agency has...
The Reserve Bank of India (RBI) has issued an advisory asking all banks to integrate the Department of Telecommunications’ (DoT) Financial Fraud Risk Indicator...
In a move to strengthen security across India’s booming digital payments ecosystem, the government is working with third-party UPI apps such as Google Pay,...
A recent national survey by LocalCircles has revealed that a significant majority of Indian consumers are routinely paying convenience fees while making purchases or...
Digital payments giant Paytm has received a show cause notice from the Enforcement Directorate (ED) over alleged violations of the Foreign Exchange Management Act...
