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Infosys hired PwC to investigate Whistle-blower Complaints

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Bengaluru-based IT company, Infosys has hired PricewaterhouseCoopers (PwC) which is one of the most prominent auditing firm and part of Big 4 to look after the alleged financial discrepancies and malpractices allegations made by the Whistleblowers. The company has already hired Shardul Amarchand Mangaldas (SAM), Tier-1 law firm to look after the legal side of the complaint of the Whistleblowers. Additionally, companies’ internal auditor Ernest & Young (Big 4) will also review its revenue recognition practices. The decision to take PwC on board was to have an investigation which will be independent of SAM and E&Y so that the companies has a fresh set of people who can look into the matter.

RBI tells Supreme Court: WhatsApp cannot do Payment Business

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RBI has told Supreme Court that WhatsApp cannot start their payment business in India. This came as a result of WhatsApp non-compliance with the data localization norm. At present, they are battling the Israeli Spygate (Pegasus) controversy in India. RBI stated that WhatsApp which is owned by Facebook is not following the data localization norm and it has asked National Payments Corporation of India (NPCI) to not launch the WhatsApp payments on Unified Payments Interface (UPI).

4 thousand additional security forces are sent to Ayodhya, 8 temporary...

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Section-144 comes into force in Ayodhya till 10 December, the district is divided into four zones - Red, Yellow, Green and Blue. 16 thousand volunteers...

YuTu Electronics: A Smart Lock Company

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All you should know about YuTu electronics YuTu Electronics Pvt Ltd provides GPS enabled IOT Smart locks with cloud platform for Logistics Transportation Security. Their...

Social Media Not Safe Anymore

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A large number of social media users could be at risk by getting their personal information stolen. Stolen data and non-secured databases are the woes of the technical era making it not safe for its users. The increased number of data breaches is proof that security is still not taken as a priority. 
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