India urges political parties to avoid using deepfakes in election campaigns

India’s Election Commission has issued an advisory to all political parties, urging them to refrain from using deepfakes and other forms of misinformation in their social media posts during the…

Continue ReadingIndia urges political parties to avoid using deepfakes in election campaigns

India’s ICICI Bank exposed thousands of credit cards to ‘wrong’ users

ICICI Bank, one of India’s top private banks, exposed the sensitive data of thousands of new credit cards to customers who were not their intended recipients. The Mumbai-based bank confirmed…

Continue ReadingIndia’s ICICI Bank exposed thousands of credit cards to ‘wrong’ users

Swiggy, the Indian food delivery giant, seeks $1.25 billion in IPO after receiving shareholder approval

Swiggy plans to raise $1.25 billion in an initial public offering and has secured approval from its shareholders, the Indian food delivery and instant commerce startup disclosed in a filing…

Continue ReadingSwiggy, the Indian food delivery giant, seeks $1.25 billion in IPO after receiving shareholder approval

India’s central bank cracks down on Kotak Mahindra Bank over IT, risk management lapses

India’s central bank ordered Kotak Mahindra Bank to immediately cease onboarding new customers through its online and mobile banking channels and to stop issuing fresh credit cards, citing serious deficiencies…

Continue ReadingIndia’s central bank cracks down on Kotak Mahindra Bank over IT, risk management lapses