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News on Medial
UK Think Tank Says Hate-Incident Focus Weakens Crime Fighting
Livemint
·
8m ago
Medial
Some UK police forces are being hindered in their fight against serious crime due to their focus on tracking alleged hate incidents, according to a report by British conservative think tank, Policy Exchange. The recording of non-crime hate incidents (NCHIs) has come under scrutiny recently, with concerns raised about the lack of clarity on what constitutes a recordable incident. The report calls for the end of the requirement for police to log NCHIs and suggests creating a centralized database to monitor such incidents.
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ED has not yet found forex breaches at Paytm unit, source says
Economic Times
·
1y ago
Medial
India's financial crime fighting agency, the Enforcement Directorate, has not found any breaches related to possible foreign exchange violations at Paytm Payments Bank. The investigation did uncover some lapses in verifying user profiles and the absence of suspicious transaction reports. The agency is still determining whether to charge Paytm for any potential violations. Paytm's shares have plummeted over 50% since the Reserve Bank of India's announcement regarding its inability to accept new funds. Paytm recently secured a 15-day extension for its wind-down, signed a partnership with Axis Bank, and analysts see the banking partnerships as positive for the company's business.
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'Left is the party of violence & hate': Musk says as FBI investigates 'potential act of terrorism' after Tesla vehicles torched in Las Vegas
Business Today
·
4m ago
Medial
Several Tesla vehicles were torched at a Las Vegas service center, with "Resist" sprayed on the scene. This attack, condemned by CEO Elon Musk as "terrorism," is under FBI investigation as a potential terrorist act. Musk criticized the left for fostering "violence" and "hate." The incident highlights the tensions related to Musk's political engagements and their effects on Tesla. Investigations are ongoing as these events affect Tesla and its stakeholders.
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23andMe says private user data is up for sale after being scraped
Arstechnica
·
1y ago
Medial
Genetic profiling service 23andMe is investigating a data breach after private user data was scraped from its website. The stolen data, advertised for sale on an online crime forum, supposedly includes origin estimation, health information, photos, and identification data. 23andMe confirmed that private data for some users is up for sale, attributing the breach to data scraping. The company believes that login credentials used in the breach may have been obtained from previous incidents involving recycled login credentials. The incident highlights the risks of storing genetic information online.
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India-UK FTA deal: Oyo’s Ritesh Agarwal says Indian startups set for major uplift, job creation - The Economic Times
Economic Times
·
13d ago
Medial
The India-UK Free Trade Agreement, signed on July 24, aims to enhance bilateral trade by $34 billion annually. It eliminates duties on 99% of Indian exports to the UK, benefiting textiles, pharmaceuticals, and more. Oyo’s founder, Ritesh Agarwal, highlights the agreement's potential to significantly uplift Indian startups and foster job creation. The focus is on business reforms, visa access, and partnerships that could drive Indian entrepreneurial and technological advancement in the UK.
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'Unicorns make India a market to watch & collaborate,' says MD London & Partners
Economic Times
·
8m ago
Medial
India has become the largest investor in London, accounting for 30% of the city's global foreign direct investment (FDI). With 971 Indian-owned companies operating in the UK, India ranks as the second-largest FDI contributor. London & Partners, a business growth agency, has observed that India's market has evolved, with the country now creating and scaling its own businesses and attracting funding. The agency is supporting Indian companies in expanding their operations in London, with a focus on emerging cities like Coimbatore, Madurai, and Indore. The agency also emphasized the importance of the free trade agreement being negotiated between India and the UK.
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'China has destroyed its past': Kishore Biyani says India stuck in stories, not strategy
Business Today
·
2m ago
Medial
Big Bazaar founder Kishore Biyani emphasized that India must overcome its cultural inertia and develop new entrepreneurial narratives to compete globally. During a podcast hosted by Think School, he contrasted India's approach with China's, which involves long-term planning and a focus on technological transformation. According to Biyani, China invests significantly in education, design, and deep tech, with a vision extending 100 years into the future, having moved beyond its past to innovate effectively.
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Risk-taking capacity is a lot higher while investing my personal capital, says Shark Tank India judge Radhika Gupta
Business Today
·
1y ago
Medial
Shark Tank India season 3 is set to stream on SonyLiv starting January 22. Radhika Gupta, MD & CEO of Edelweiss Mutual Fund and a new shark on the show, shares insights on the similarities and differences between investing personally and professionally. She highlights factors like the entrepreneur's quality, business unit economics, thought clarity, and focus as important in both cases. Gupta mentions that while personal capital involves higher risk-taking capacity due to emotional involvement, professional capital is subject to regulation and thorough diligence. She feels at home on the set and brings a blend of entrepreneurial and investment expertise to the show.
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