Companies & Sectors
CEO's email account spoofed, not hacked: Flipkart
Bengaluru : Refuting media reports that Flipkart CEO Binny Bansal's email account has been hacked, the etailer on Friday said it was spoofed but not hacked.
 
"We would like to clarify it is not a case of hacking. Flipkart's corporate email system leverages the highest standards of security including but not limited to two factor authentication," it said in a statement.
 
A spoofed email does not originate from the real source but from a different source falsifying the name and address with an ulterior motive.
 
A leading newspaper on Friday reported that Bansal's email account was hacked and two emails were sent in his name to Flipkart's CFO Sanjay Baweja on March 1 at 11.33 a.m., directing him to transfer $80,000.
 
The company said it filed a police report complaining on email spoofing its CEO suffered.
 
"We have filed a case of email spoofing which involves use of a forged email header to make it look like a legitimate email. This case of email spoofing was immediately detected and a report was filed with police," the statement added.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

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COMMENTS

Bhupendra Singh Thakur

11 months ago

It is very easy to spoof anyone's email but such kind of email ends in Spam folder of your email provider. Because it is also very easy to detect if email came from genuine source or not. Why media makes everything so big?!!

False reports on dance bars: Fadnavis suspends four policemen
Mumbai : Chief Minister Devendra Fadnavis on Friday ordered the suspension of four policemen for filing false reports on compliance of conditions by dance bars before they are allowed to reopen for business, officials said here.
 
The four policemen, including three inspectors and an assistant inspector, have been accused of dereliction of duty and false reporting on compliance of conditions set by the state government with Supreme Court approval to grant licences to the dance bars.
 
Fadnavis has also ordered a departmental enquiry against the four police personnel in this regard.
 
Following an apex court order, the Mumbai Police issued licences to four dance bars on Tuesday (March 15), after a gap of 11 years since they were shut down.
 
Besides, more dance bars applied for police permissions to reopen even as the Maharashtra government announced it would bring in new legislation to completely ban them.
 
"Mumbai Police Commissioner D.D. Padsalgikar had sought a report from these officers regarding compliance of conditions set out by the state government with the Supreme Court's approval for granting licenses to dance bars," said Fadnavis in a series of tweets.
 
The dance bars have been ordered to comply with a stringent set of conditions before they can be allowed to reopen and the four policemen suspended have been charged with misreporting on the compliance of the same, the officials said.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

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Jewellery shops open in Tamil Nadu but strike to continue
Chennai : Jewellery shops in Tamil Nadu have started functioning but there is no internal division within the industry and the indefinite strike against excise duty on products will continue till the government listens, said senior official of a trade association.
 
"Except in Tamil Nadu, the trade is on strike in other southern states like Kerala, Karnataka, Andhra Pradesh and Telangana. In south, there are large players," All India Gems & Jewellery Trade Federation (GJF) director Ashok Minawala told IANS.
 
GJF zonal committee member Jayantilal Challani told IANS that the industry in Tamil Nadu is in a different league. 
 
"They are operating in a corporate set up with big showrooms wherethe overheads are high and has to be met," said Challani, who is also president of the Madras Jewellers and Diamond Merchants Association. 
 
He said the industry in north is strongly againt the central government's decision to impose excise duty.
 
The gems and jewellery industry is on indefinite strike since March 2 in protest against the central government's decision to inpose excise duty.
 
However both the officials stress that there is no internal division in GJF on the issue of big shops doing business in Tamil Nadu.
 
Jewellery shops in Tamil Nadu are operating since Thursday afternoon.
 
According to Minawala, the industry has lost around Rs.20,000 crore of business due to the strike.
 
"The strike will continue till the government discusses the issue with us and take suitable action. We have made several suggestions on the issue," he said.
 
Minawala said the strike will affect the exports and also bigger players with chain of showrooms would start feeling the pinch when the supplies dry out.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

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