A ransomware attack by the RansomEXX GROUP has targeted the National Payments Corporation of India (NPCI), but now connectivity has been fully restored. Karnataka State Tax Authorities initially issued a GST demand notice of RS32,403 crores to Infosys, only to withdraw it later. On a brighter note, Apple has set a new quarterly revenue record in India. Additionally, new FASTag regulations have come into effect, and companies like Realme, Motorola, and Oppo have rolled out new smartphones.
[NSCPI] RANSOMWARE ATTACK; UPI ATM SERVICES RESUME FOR 300 SMALL BANKS:
The National Payments Corporation of India (NPCI) has restored connectivity with C-EDGE technology following a ransomware attack. This breach affected services at small local banks in India with the use of C-EDGE, impacting around 300 regional and cooperative banks. After conducting a thorough security review. Thankfully NPCI took action instantly and NPCI confirmed and reported that the compromised systems were detached and that services have now been fully restored.
Karnataka Authorities Withdraw GST Notice Sent to Infosys:
In a dramatic turn of events, Infosys has been temporarily relieved from a massive amount of RS32,403 crore GST demand. The Karnataka State Tax Authorities, who had issued the notice, have now withdrawn it. Instead, they have directed IT giants to respond to the central GST intelligence agency.
New FASTag Rules Take Effect on August 1:
Beginning on August 1, new guidelines for FASTags, the electronic cost assortment framework, have happened, as declared by the NATIONAL PAYMENT CORPORATION of India (NPCI). These updates are intended to further develop system efficiency and security, influencing a large number of FASTag users across India.
Apple Sets New Revenue Record in India, Mac Sales at Highest Ever:
Apple has revealed a record-breaking quarterly income in India, and other rising business sectors adding to a more grounded-than-anticipated execution for the June quarter. The iPhone producer revealed a 5% year-over-year expansion in income, coming to $85.8 billion for its monetary 2024 third quarter ending on June 29. This growth was driven by robust sales across emerging markets and record-high Mac sales.
Intel to Lay Off Over 15,000 Employees:
Intel has reported a 15% decrease in its workforce, influencing roughly 15,000 workers as a component of its expense-saving measures. CEO Pat Gelsinger has talked about this hard choice in an inner update, accentuating the need to adjust expenses for the organization’s new working model. The plan includes enhanced retirement benefits and voluntary departure programs to address high costs and narrow margins.
Apple Brings New Intelligence Features to iPhone and MacPCs:
Mac has quite recently delivered the main engineer betas for iOS 18.1, iPadOS 18.1, and macOS Sequoia 15.1. These updates present an early variation of Apple’s enthusiastically anticipated understanding features, permitting designers their most noteworthy chance to test Apple’s dive into generative AI (artificial intelligence) on their devices.
Pakistan Launches WhatsApp Rival, BEEP PAKISTAN:
Pakistan is launching a new messaging app called “BEEP PAKISTAN,” initially aimed at government employees but with plans for a broader public rollout. This move comes as concerns grow over WhatsApp’s performance in the country, with users worried about potential internet restrictions.
Techie Loses RS28 Lakh to Dating Scam:
A tech professional in Visakhapatnam has lost over RS28 lakh in an online dating scam. The victim was tricked by fraudsters who created fake profiles to build romantic relationships. One suspect has been identified, and investigations are ongoing.
Lawyer Loses RS93 Lakh in Stock Trading Scam:
A lawyer fell victim to a stock trading scam, losing RS93 lakh. baited by promises of high returns, he was added to a WhatsApp group called “Club 88” and directed to download a mobile app named “BLOCK TIGERS.” By June 27, he had transferred the entire amount to multiple bank accounts.
Mumbai Engineer Orders Smartphone From Amazon, Receives Tea Cups Instead:
A 42-year-old engineer ordered a Techno Phantom V Fold 5G smartphone worth RS54,999 from Amazon. To his surprise, when the parcel arrived on July 15, it contained a set of tea cups instead of the phone.
Google Responds to Elon Musk’s Election Interference Claims:
Google has addressed allegations from Tesla CEO Elon Musk, who claimed the search giant was interfering with US elections and banning Republican presidential candidate Donald Trump. Google took to X (formerly Twitter) to clarify and set the record straight.
New Smartphone Launches from Oppo, Realme, Motorola, Poco, and Nothing
Several brands have rolled out new smartphones in India, including Oppo’s K12x and A3x 5G, Realme’s Narzo N61, Nothing Phone (2a) Plus, Motorola’s Edge 50, and Poco’s M6 Plus.