Your Search History Will Determine Your Financial Credit Score In Future, Says IMF

Your Search History Will Determine Your Financial Credit Score In Future, Says IMF

A new white paper by the IMF calls for linking your search history to your financial credit score, which would in effect lower your score if you visit websites marked harmful by their fact-checkers. COVID-19 Assassination: Top Russian Scientist Alexander ‘Sasha’ Kagansky Working On COVID-19 Vaccine Assassinated In St Petersberg In a new blog post for the […]

US Govt File Antitrust Lawsuit Against Facebook, Orders To Cutoff Instagram & WhatsApp

US Govt File Antitrust Lawsuit Against Facebook, Orders To Cutoff Instagram & WhatsApp

In a landmark move the US Govt has announced antitrust lawsuit against Facebook, ordering the social media platform to divest its Instagram and WhatsApp messaging services. In 2019, Facebook was fined $5 billion for privacy violations instituting new oversight and restrictions on its business. The landmark antitrust lawsuits, announced by the Federal Trade Commission and […]

How Deloitte Covered-up IL&FS Scam

How Deloitte Covered-up IL&FS Scam

An anonymous whistleblower, who claims to be part of the “senior management team at Deloitte, Haskins and Sells LLP (Deloitte)” and has been “privy to several internal irregularities in providing professional services to the IL&FS (Infrastructure Leasing & Financial Services) group” has written to us outlining how the audit firm benefited by helping the failed […]

Plan To Breakup The Big Four

Plan to Breakup the Big Four

The UK audit regulator has outlined the plan to breakup the Big Four accounting firms in letters sent to the leaders of Deloitte, EY, KPMG and PwC. In what would amount to a far-reaching shake-up of the accounting industry, the Financial Reporting Council (FRC) issued guidelines for the big four to separate their audit and […]

Yes Bank Crisis Hit Payments Apps

Yes Bank Crisis Hit Walmart's PhonePe Payments App

Walmart’s payment services provider PhonePe have suffered an outage after the Reserve Bank of India (RBI) on Thursday put Yes Bank under moratorium. Strangely, PhonePe, despite its big transactions is fully dependent on Yes Bank, as its payment gateway or payment services provider (PSP) and thus could not carry out any single transaction since Thursday […]

HSBC Files Rs 1000 Crore Recovery Case Against IL&FS In Singapore Court

HSBC Files Rs 1000 Crore Recovery Case Against IL&FS In Singapore Court

Global banking giant HSBC has filed a winding up petition in a Singapore court against an overseas subsidiary of IL&FS Transport Services Ltd (ITNL) for recovery of dues totalling more than Rs 1,000 crore. In the first such case against a group entity of crisis-hit Infrastructure Leasing and Financial Services Ltd (IL&FS) Group, the Hongkong […]