Regulators

Crackdown on ponzi schemes: Cabinet approves amendments to Banning of Unregulated Deposit Schemes Bill

The Bill provides for severe punishment and heavy pecuniary fines to act as deterrent.

US regulators being urged to investigate Google for deceiving children on Play Store

Google issued a statement emphasizing its commitment to protecting children while they are online.

Some Indian firms acknowledge widespread bribery, corruption in business: EY survey

As many as 50 corporates from India participated in the survey, of which 20 respondents said there is widespread bribery and corruption in business.

Problems seem to worsen for ZTE as regulators propose rules that could cut its sales amidst a supply ban

The US Commerce Department banned American firms on Monday from selling parts and software to ZTE for seven years.

Insurance industry set to touch $280 bn by 2020 with growing middle class, rise in disposable incomes: Vice-President

Uber to be investigated by at least five states in the US for concealing 2016 data breach

After Uber disclosed the data breach, regulators of at least five states in the US said they will question the company for staying silent after the hack.

New Cloud Delivery Models Meet Wishlists of Asia's Financial Services Sector and Regulators: IDC

IDC releases a study that suggest the need for new cloud delivery models that may prove to be the turning-point for the technology's uptake in Asia/Pacific's conservative financial industry.

Insurers Must Get To Grips With The Real-Time Mobile Marketplace

Limited economic growth in the developed world means customer-centricity will be key to driving revenue opportunities in 2014.

Patni Introduces Innovative Series Of Financial Services Solutions

Patni's solutions will empower financial services organisations by stabilising key technology areas including reporting systems, accounting systems, security systems and compliance systems.

European Union Antitrust regulators welcome Apple and Amazon audiobook deal

A decision by Amazon and Apple to scrap all exclusivity obligations in the supply and distribution of audiobooks will likely boost competition, EU antitrust regulators said on Thursday.