After heavy losses, banks focus on being capital-light, reorient business models to push growth

  The rise in bad loans and subdued corporate demand is driving banks to explore new business models, cross-sell products with more retail-oriented segments for growth. They are stepping up credit monitoring standards to lend to good quality customers. Lenders including IDBI Bank, Canara Bank, Bank of India, Union Bank of India and Federal Bank are looking at more asset or capital-light […]

After Decline, Global Device Shipments to Grow in 2018: Gartner

After suffering a decline of three percent in 2017, global shipments of devices including PCs, tablets and mobile phones are forecast to return to growth (at over 1.3 percent) in 2018, market research firm Gartner said on Thursday. While the performance of shipments of devices fluctuates Year-over-Year (YoY), end-user device spending continues to rise and […]

Artifact Release Date, Platforms, Price, and Everything Else You Need to Know About Valve’s Next Game After Dota 2

HIGHLIGHTS The game will be released in 2018 The creator of Magic: The Gathering is working on the game It runs on the Source 2 engine on PC and mobile Steam and Half-Life creator Valve revealed more details regarding Artifact. Announced in 2017, Artifact is a card game based on Valve’s popular multiplayer online battle arena (MOBA) game […]

After Pixel 2, Some Samsung Galaxy S8, Galaxy Note 8 Users Complain of Microphone Issue

HIGHLIGHTS Some Galaxy S8, Galaxy Note 8 users complain microphone issue Pixel 2 users had already reported a very similar issue Google or Samsung are yet to officially acknowledge the issues You may opt to buy any smartphone or a regular phone but one of the most basic functionalities is to make calls without an […]

Rafael Nadal reveals inspiration to return from injury to reach world No1 after China Open

“I had some injuries, but good thing is I keep having the passion for the game and the love for what I am doing and the spirit of overcome tough situations in terms of physical issues,” Nadal said. “Of course, the spirit of improvement: every day when I wake up, going on court with the […]

Blizzard’s keeping the Battle.net name after all

It’s been nearly a year since Blizzard announced it was retiring the beloved Battle.net name—a fact you may or may not have noticed, as you’ve almost certainly kept calling it Battle.net this entire time anyway. Not only was the new “Blizzard App” nomenclature awkward and sterile sounding, but…well, people love Battle.net. So now it’s back. And for good reason. […]

Petya Ransomware: Focus on Defences as Users Scramble After Global Cyber-Attack

Thousands of computer users across the globe scrambled to reboot on Wednesday as calls grew to step up defences after a fresh wave of ransomware cyber-attacks spread from Ukraine and Russia worldwide. The virus, which demanded a payment worth $300 (roughly Rs. 20,000) as it locked up files at companies and government agencies including the […]

Honda Forced To Shut Down Plant After WannaCry Ransomware Infects Carmaker’s Network

The WannaCry ransomware has wreaked havoc once again, this time forcing an entire factory to stop production after the victim company found infections in its computer networks, according to new reports. WannaCry Caused Honda To Cease Production In One Of Its Plants Popular automaker Honda had to shut down its Sayama plant located in Tokyo […]

ECB pushes to gain control of euro clearing business after Brexit

The European Central Bank has made its strongest push yet to gain control of oversight of the lucrative business of euro clearing post-Brexit, with its top ranking governing council calling for a change to the bank’s statute to give it more legal powers to take on the role. Oversight of clearing has emerged as an […]

PS4 Sales to Slow Down After Record Year: Sony

Sony shipped 20 million PS4s last financial year as per its latest earnings report. It ended the 2015 financial year at 40 million PS4s. However the company expects hardware sales to decline for the full financial year and expects online digital sales to be more important going forward. It plans to move another 18 million […]