Coforge gets $11-mn notice for 'data breach' from a North American client
Thu, Aug 8, 2024 1:44 PM

Coforge gets $11-mn notice for 'data breach' from a North American client

A Flip by Avya Verma
Get it on Google Play
Coforge received a $11-million notice from a client in the North American region for an alleged data breach, the information technology company said on August 8.“At this time, the company intends to refuse the client’s demands regarding the arbitration claim resolutions on the basis that, in the company’s view, such amounts are not reasonably subject to indemnification,” the company said.

More great flips

Chinese smartphones to retain dominance in India despite slower volume g...

Chinese smartphones to retain dominance in India despite slower volume g...

Chinese smartphone brands are expected to retain their stronghold in the Indian market, cornering around 75 percent of shipments in 2025, a slight increase from 74 percent in 2024. Analysts highlighted that this dominance has been a consistent trend since 2020. The Indian smartphone market is likely to experience modest growth, with shipments likely to surpass 160 million units in 2025.

Open Flip
Saurabh Mukherjea picks Berger Paints

Saurabh Mukherjea picks Berger Paints

PMS fund manager Saurabh Mukherjea, who runs Marcellus Investment, has tweaked his portfolios to add Berger Paints, Eris Lifesciences and Home First Finance to his midcap and smallcap schemes. After growing handsomely over FY24, the wheels of the broader corporate earnings seem to have come off in the last 2 quarters with BSE500 weighted average PAT growth moderating to single digit in Q2.

Open Flip
Adani Power shares surge 6% as trading volumes rise

Adani Power shares surge 6% as trading volumes rise

Shares of Adani Power today rallied as much as 6% on the BSE to their day’s high of Rs 571.50 as the stock witnessed a significant spike in its trading volumes on both the exchanges. Around 10:45 am on Wednesday, January 15, the stocks total traded quantity (TTQ) recorded on the NSE website was 268.63 lakh shares amounting to a value of Rs 1,474.58 crore.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon