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Videos

Reddit Hackers Demand $4.5 Mn Ransom, Change In API Pricing | Details | In Focus

Hackers demanding money to return your data is common. But hackers demanding policy changes from a corporation is unheard of. A ransomware group called BlackCat which claimed responsibility for hacking Reddit’s systems earlier this year did just that. The hacker group is now demanding what Reddit moderators and users who have been up in arms over. A change to Reddit’s recently announced API pricing policy.

21 Jun 2023
Videos

ChatGPT clones are preparing to take over China | Mint Primer | Mint

The conversational artificial intelligence tool seems to be taking over the world—and that now includes the Chinese stock market. Baidu and Alibaba are both jumping on the advanced-chatbot bandwagon. The technology could be a big deal in China—but that comes with its own dangers. Let's talk about the ways in which Chinese businesses are jumping on the AI bandwagon and the effects that this is having on the stock market.

12 Feb 2023
Companies

PE consortium buys controlling stake in API maker Anjan Drug

In May, PE firm Carlyle announced a deal to acquire up to 74% stake in SeQuent Scientific for ₹1,580 crore, while US giant KKR in July agreed to acquire about 54% stake in Mumbai-based JB Chemicals & Pharmaceuticals for ₹3,100 crore

1 min read12 Oct 2020
News

NPPA uses emergency powers to hike critical blood thinning drug price by 50%

The regulator cited shortages of the drug in India and rising costs of raw materials imported from China as reasons for increasing the ceiling price using emergency powers under Paragraph 19 of the Drug (Price Control) Order

1 min read2 Jul 2020
News

Coronavirus: Govt lifts restrictions on export of 12 drugs as API supply resumes

However, restrictions on paracetamol, a crucial anti-pyretic, continueThese active pharmaceutical ingredients were manufactured in the Hubei province of China, the epicentre of the coronavirus infection

1 min read6 Apr 2020
Companies

Apis partners' $110 mn investment deal called off, says L&T fund

The investment was planned to be utilized to grow L&T IDF’s loan book across a number of infra subsectorsOn Saturday evening, L&T Finance informed stock exchanges that the transaction has been called off

2 min read22 Mar 2020
News

Coronavirus: Central govt to fast-track clearances for bulk drugs

The move aims to ensure drug availability to reduce the impact of the outbreakEnvironment ministry directions have been sent to the CPCB and the Expert Appraisal Committees of all states and UTs

1 min read12 Mar 2020
Companies

How APIs are shaping the way digital businesses are built

API is a code written to protocols that allows disparate systems and applications to talk to one another with minimal interventionThe idea of APIs came from the virtualization of hardware and cloud-based infrastructure as a service

3 min read27 Jan 2020
Companies

An Indian fix for a coding niggle goes global

With around eight million users, Bengaluru-based Postman, which helps organize APIs, has become a category leaderSoftware developers across the world faced the problem of managing a host of APIs and collaborating seamlessly

5 min read27 Jan 2020
Companies

Flaws in code put customer data of four consumer internet platforms at risk

All the four consumer internet platforms say they immediately fixed the flaws once they were notifiedThe security flaws have exposed personal data of at least 200 million customers

3 min read17 Nov 2019
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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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