A naukri.com initiative

Here’s what’s trending

Bloomberg Quint

Image Credit: Bloomberg Quint

Alarming: API Attacks Surge 3,000% In Q3, Finds Research

API attacks have surged by 3,000% in Q3, according to research by Indusface.
Last quarter witnessed over 1.2 billion attacks, including 271 million API attacks.
API-focused attacks were 85% more frequent than attacks on websites.
DDoS attacks and bot attacks have increased significantly, impacting a large number of websites.

Read Full Article

584 reads

BigShyft: Premium Tech Jobs

Get the best jobs with no extra effort

Exclusive club for India’s top techies

Dedicated Talent Advisor for assistance

HinduBusinessLine

Bharat Forge secures ₹1,650 crore in QIP amid strong investor demand

Bharat Forge Limited has secured ₹1,650 crore through a Qualified Institutional Placement (QIP) due to strong investor demand.
Over 90% of the allocation was given to domestic and foreign long-only funds and insurance companies.
The shares were priced at ₹1,320 per share, slightly below the SEBI-determined floor price of ₹1,323.54.
The proceeds will be used for debt repayment and funding inorganic growth initiatives.

Read Full Article

574 reads

VIE Stories

Reliance Industries Seeks up to $3 Billion Loan for Debt Refinancing

Reliance Industries is seeking a loan of up to $3 billion to refinance its debt due next year.
Around six banks are involved in the discussions, and the loan is expected to be offered to the wider market in early 2025.
Reliance Industries has around $2.9 billion in debt due in 2025, including interest payments.
If approved, this loan will mark Reliance Industries' return to the international market since 2023 when it raised over $8 billion in loans.

Read Full Article

443 reads

Startup Pedia

“This Make Me So Sad,” Netizens Triggered by Bengaluru Startup's ‘Human Ads’

A 'human ad' for the food delivery startup, Swish, is going viral on social media.
The advertisement shows Bengaluru men carrying billboards to promote the food delivery app.
Netizens have criticized the use of humans as walking advertisements for being exploitative and lacking dignity.
This is not the first time Bengaluru has witnessed unique billboard advertisements, as a 3D billboard featuring a man pouring a beverage went viral a few months ago.

Read Full Article

686 reads

Bloomberg Quint

LG Electronics IPO: How Is India's Second Largest Consumer Electronics Seller Valued

LG Electronics, India's second-largest home appliances and consumer electronics major, may see its Korean parent company sell 15% of its equity through an IPO, valuing it at around $12.5 billion.
Over 70% of LG Electronics' revenue comes from home appliances.
The company's first-quarter contribution from home appliances reached nearly 78%.
LG Electronics' industry peers in India include Havells, Blue Star, Voltas, and Whirlpool.

Read Full Article

609 reads

Pymnts

Scam-Related Fraud Jumped 56% in 2024, Surpassing Digital Payment Crimes

Scam-related fraud increased by 56% in 2024, surpassing digital payment fraud.
Financial losses from scams rose 121%, accounting for 23% of all fraudulent transactions.
Fraudsters exploit vulnerabilities in human behavior and use deceptive tactics to manipulate individuals into authorizing fraudulent transactions.
Financial institutions are investing in advanced technologies such as behavioral analytics and fraud score solutions to combat the growing threat of scams.

Read Full Article

1k reads

VIE Stories

Image Credit: VIE Stories

Netrasemi has raised Rs 10 crore in Pre-Series A Round Funding

Netrasemi, a semiconductor startup based in Kerala, has raised Rs 10 crore in pre-Series A funding.
The funding was led by Unicorn India Ventures and will be used for developing Edge AI for Internet of Things products.
Netrasemi aims to create ML SoC chips, such as Netra A2000 and Netra R1000, for AI-based analytics in smart IoT devices.
The company has received positive feedback and expects robust revenue growth from chip design and porting services.

Read Full Article

1.6k reads

ISN

India witnessed 6 startups achieve unicorn status in 2024; here are the names

India's startup ecosystem thrived in 2024, with six startups achieving unicorn status, surpassing 2023's two unicorns, Zepto and InCred Finance.
The 2024 unicorns include AI startup Krutrim AI, traveltech RateGain, fintech Perfios, EV manufacturer Ather Energy, bike taxi aggregator Rapido, and lending firm Moneyview.
Krutrim AI led the pack in January, followed by RateGain in February, and Perfios in March. Ather Energy joined in August, with Rapido and Moneyview achieving the milestone in September.
These startups secured significant funding from investors, reflecting growth across diverse sectors like AI, fintech, EVs, and travel.

Read Full Article

6k reads

Insider

Marc Benioff says Big Tech's 'excessive' AI spending is a 'race to the bottom'

Salesforce CEO Marc Benioff criticizes excessive AI spending by competitors, calling it a 'race to the bottom'.
Benioff plans to capitalize on rivals' spending to improve Salesforce products and make them more cost-effective.
Salesforce's architecture and use of other companies' data centers allow them to spend less on AI.
Benioff also emphasizes the need to manage energy use and criticizes competitors' investment in nuclear energy.

Read Full Article

2.9k reads

TechSpot

Global Internet traffic grew 17.2% in 2024 in another banner year for Google, SpaceX, and Facebook

Global Internet traffic increased by 17.2% in 2024, according to Cloudflare's annual year in review.
Android devices accounted for over two-thirds of mobile traffic, with Android having a greater than 90% share in over 25 regions.
More than 40% of global Internet traffic originates from mobile devices, marking a significant shift in connectivity over the past 15 years.
Google remained the most popular Internet service provider, followed by Facebook, Apple, TikTok, and Amazon.

Read Full Article

543 reads

Analyticsindiamag

The Future of AI Agents Belongs to Amazon, Thanks to AGI SF Lab

Amazon has announced the creation of the Amazon AGI SF Lab, a dedicated team based in San Francisco that will develop highly capable AI agents.
The lab will be seeded by the team hired from AI startup Adept, and will focus on enabling AI agents to perform real-world actions, learn from human feedback, and infer goals.
Amazon aims to combine large language models with reinforcement learning to solve reasoning and planning, learned world models, and generalizing agents to physical environments.
Amazon CEO Andy Jassy highlighted the cost-effectiveness and multimodal capabilities of the recently announced Nova models, which offer performance parity with industry-leading models.

Read Full Article

1k reads

Crypto-News-Flash

Bitcoin Faces Quantum Threat? Google Unveils Willow Chip Breakthrough

Google has unveiled its quantum computing chip called Willow, which can solve computational problems in less than five minutes.
This has raised concerns among Bitcoin users about the possibility of Google cracking the code for the asset.
However, experts explain that Google's breakthrough is still far from being able to decrypt cryptocurrencies.
Tech entrepreneurs and experts believe that Google's breakthrough highlights the need for post-quantum cryptography and encryption.

Read Full Article

1.2k reads

Economic Times

Business banking platform Infinity secures maiden funding from Y Combinator and others

Bengaluru-based business banking platform Infinity has secured $1.9 million in equity funding from Y Combinator, Liquid 2 Ventures, Script Capital, and angel investors.
Infinity focuses on helping businesses engaged in cross-border sales receive international payments for their products and services.
The startup was founded in 2023 by Sourav and Sidharth Choraria and aims to simplify global business banking processes.
In addition to payments, Infinity provides treasury management solutions to help businesses maximize returns on idle cash.

Read Full Article

1.3k reads

Inc42

Image Credit: Inc42

Amazon’s Venture Fund To Invest $120 Mn In Manufacturing, AI Startups

Ecommerce giant Amazon India will invest $120 Mn in startups that digitise consumer goods manufacturing.
The investment will be made through the Amazon Smbhav Venture Fund in partnership with the DPIIT.
The aim is to establish India as a global manufacturing hub and create job opportunities.
The Amazon Smbhav Venture Fund will expand to $350 Mn with this investment.

Read Full Article

1.6k reads

Minis

Hiring in IT sector to witness 15-20% growth in job opportunities: Report

The Indian IT sector is set to witness a 15-20% rise in job opportunities in 2025, driven by demand for specialized roles in AI, machine learning, data analytics, and cloud technologies, according to NLB Services.
Fresher hiring is expected to surge, particularly in sectors like Global Capability Centres, BFSI, healthcare, and retail, with an anticipated 30-35% increase.
Companies are also prioritizing tech upskilling to meet evolving demands.
While economic slowdowns previously impacted project pipelines, recovery in 2024 has positioned the industry for growth, with campus hiring emerging as a key focus for major firms in 2025.

Read Full Article

13.5k reads

For uninterrupted reading, download the app