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The Hindu, July 28, 2017 External Affairs Minister Sushma Swaraj said on Thursday that denial of security clearance to a particular Chinese company which wanted to invest in India was not done as a “matter of policy” and it “cannot determine the relation between the two countries.” In the Rajya Sabha, T. Subbarami Reddy (Congress) asked Ms. Swaraj that while security clearance was denied to a Chinese company, it was given to those from Japan, Korea, Italy and other countries. Would it not have an adverse impact on relations with China, he asked. Sea-link project Recently, the Home Ministry denied clearance to China Railway Major Bridge Engineering Group Ltd., which planned to construct a proposed 22-km sea-link in Navi Mumbai. Ms. Swaraj replied that there was no policy under which Chinese companies were denied security permission. She objected to a member raising the issue of a particular Chinese company in the House. She said Japanese or Korean companies mig...

Indiatimes , July 29, 2017 A complaint has been lodged against an IIT Kharagpur graduate and his mobile payment company for allegedly accessing the UIDAI central information depository in order to create a private app called Aadhaar ‘eKYC Verification.’ The complaint has been filed by the Unique Identity Development Authority of India (UIDAI) with Bengaluru Police on July 26. A deputy director at the UIDAI’s regional office in Bengaluru has accused Abhinav Srivastava and Qarth Technologies Pvt Ltd, a company that was started on the IIT-Kharagpur campus in 2012 created to illegally access Aadhaar data. The case has been registered by the police and the cyber crime unit was asked to help probe into this allegation. In his complaint, UIDAI official Ashok Lenin had alleged that the illegal usage of Aadhaar data occurred between January 1, 2017 and July 26, 2017. Records accessed by The Indian Express from the Registrar of Companies (RoC) and the public online profiles ...

Sachin Dave, ET Bureau, July 28, 2017 MUMBAI: The government is contemplating the establishment of a defensive firewall aimed at protecting data servers supporting state-owned banks and enterprises against  cyberattacks  launched by criminals and countries seeking to undermine India's key institutions. This follows recent global  ransomware attacks that led to data destruction and blackmail demands, said two people aware of the development.  "A meeting was held which was attended by some senior members of ministry of electronics and information technology and ( cyber security  chief) Gulshan Rai," said one of the persons. "Pros and cons of a national firewall were discussed at the meeting." The meeting was held in June soon after the  Petya  or  PetWrap  attacks. Rai and AK Garg, a scientist at the ministry of electronics and information technology, didn't respond to queries.  The government is looking at a firewall for go...

Mint Asia, Friday July 28, 2017 India’s addiction to cheap Chinese phones and other high-tech goods better explains the yawning trade gap between the two countries India’s latest standoff with China has once again thrown the spotlight on India’s growing trade deficit with its northern neighbour. In a recent speech in Singapore, India’s foreign secretary S. Jaishankar argued that India’s “alarming” trade deficit with China “emanates from obstacles to market access in China”. However, a Mint analysis of the patterns of trade between India and China suggests that the key driver of the trade i mbalance between the two neighbours is India’s increased dependence on high-tech manufactured goods from China. Growth in India’s domestic manufacturing sector has been slow over the past several years, and imports have been rising. It is not so surprising that much of these have been sourced from China, the manufacturing powerhouse of the world. While India has been able to rein in...

Financial Express By:  Sudhir Chowdhary  | Published: July 27, 2017 Close to 54% of Indians don’t use a Virtual Private Network to secure their Wi-Fi connections, even though it is the best way for protecting personal information. It’s a consumer behaviour that is fast gaining traction. A growing number of visitors at airports, shopping malls, hotels or coffee shops are simply unable to resist a strong, free Wi-Fi network connection. Sadly, they do not realise that their online behaviour may be placing their personal information at risk, points out Norton’s Wi-Fi Risk Report. “There is a deep divide between what people think is safe when it comes to using public Wi-Fi and the reality,” said Ritesh Chopra, country manager, Consumer Business Unit, Symantec. “What someone thinks is private on his personal device can easily be accessed by cybercriminals through insecure Wi-Fi networks or even apps with privacy vulnerabilities.” The Norton Wi-Fi Risk Report sur...

Neeraj Chauhan & Bharti Jain |  TNN  |  Updated: Jul 27, 2017 NEW DELHI: Letters written to Hurriyat members on  Hizbul Mujahideen  and  Lashkar-e-Taiba  letterheads, recovered by  NIA  during raids, reveal that  terror funding  in the Valley could be a two-way phenomenon, with LeT and HM cadres turning to separatists for finances from time to time. The demands made on Hurriyat separatists by local LeT and Hizbul terrorists, citing dire need of finances on account of illness of fellow cadres and other problems, range from a few thousand rupees to lakhs and include mobile phones as well. Several Hurriyat members are currently in NIA custody for allegedly funding civil unrest in Kashmir through active financial support from terror groups in Pakistan. Perhaps the most interesting of these letters, copies of which are in TOI's possession, is the one from one Mohd Amin Bhat, demanding Rs 5 lakh from Ayaz Akbar Khan...

PTI  |  Updated: Jul 27, 2017 NEW DELHI: In fresh trouble for RJD chief Lalu Prasad, the ED has registered a money laundering case against him and his family members in a railway hotels allotment  corruption case +  dating back to the UPA tenure, officials said today.  The case has been registered under sections of the Prevention of Money Laundering Act (PMLA). The central probe agency has taken cognisance of a CBI FIR in this regard +  to initiate the move.  Earlier this month, the CBI had registered a criminal FIR and conducted multiple searches against the former Bihar chief minister and others.  The Enforcement Directorate will investigate the alleged "proceeds of crime" generated by the accused, purportedly through shell companies, officials said.  Prasad's wife and former Bihar chief minister Rabri Devi, son Tejashwi Yadav, and others will be probed by the agency under charges filed in the Enforcement Case Inform...

By:  Express News Service  | New Delhi |   Published:July 28, 2017 2:37 am NDTV on Thursday issued a detailed statement on action being taken by CBI, ED and Income Tax department. It said: “The attempt to intimidate and paralyse NDTV has expanded to epic proportions in the last 24 hours. There are new attacks from the CBI and the Enforcement Directorate." The Enforcement Directorate(ED) has registered a case of money laundering against the NDTV group. Sources said it is related to some foreign fund infusion into NDTV but refused to give any details. Senior ED officials neither confirmed nor denied that the case was based on a CBI FIR which had alleged promoters of the channel, Prannoy Roy and Radhika Roy, and a private company of defrauding banks. The investigation are being conducted under the provisions of the Prevention of Money Laundering Act, they said. Reference http://indianexpress.com/article/business/companies/ed-files-money-laundering-ca...