Microsoft has updated its Windows Defender to remove the Superfish adware which reportedly made Lenovo users susceptible to attacks.

According to the Verge, researchers are reporting that Windows Defender, Microsoft's onboard anti-virus software, is now actively removing the Superfish software that came pre-installed on many Lenovo computers. Windows Defender will also carry the task of resetting any SSL certificates that were bypassed by Superfish, and restore the system to proper working order.

The US continues to be ahead of others in breeding start-ups but India seems to be racing past Europe in terms of the number of highly valued new-age companies.

Four Indian companies have entered a list of the 73 most-valued billion dollar club of start-ups across the world, based on a survey by The Wall Street Journal and Dow Jones VentureSource. Powa and Shazam from the UK, valued at $2.7 billion and $1 billion, respectively, made it to the list. The list includes Flipkart, Snapdeal, Ola Cabs and InMobi.

The Securities and Exchange Board of India (Sebi) on Friday suspended trading in Kamalakshi Finance Corp (KFCL), widening the crackdown against shell companies used to allegedly launder money through the stock exchange route.

In an interim order, the regulator barred a little more than 30 entities, including the promoters of Kamalakshi, from accessing the capital market. This is the fourth order by Sebi in its probe in this regard, where unscrupulous entities apparently attempted to launder up to Rs 20,000 crore.

The proposed Rs 15,000-crore merger deal between Kotak Mahindra Bank and ING Vysya Bank has got the Competition Commission of India (CCI)'s approval.

According to the fair trade regulator, the merger, which would create the country's fourth largest private sector lender, is “not likely to have an appreciable adverse effect on competition in India”.

The BSE benchmark Sensex and the broader Nifty ended the truncated week with modest gains as caution prevailed ahead of the Union Budget due next week.

The week saw every market surge was frequented by volatility over uncertain global peers due to huge debt repayment talks between Greece and Eurozone ministers hogged the limelight.

BENGALURU: Infosys will hire 30,000 people in the next financial year, the lowest in the last three years, reflecting partly the company's growing emphasis on automation and productivity improvements. The number was first mentioned by CEO Vishal Sikka in an investor call earlier this week to discuss the acquisition of US automation company Panaya. Infosys subsequently confirmed the number to TOI.

After decades of low-margin work like server maintenance, India's information technology services firms are moving upscale in search of lucrative contracts for driverless cars and other advanced projects as online innovation changes clients' needs.

Companies from Tata Consultancy Services to Wipro are all joining Infosys in investing in new, high-end technology, industry watchers say. Earlier this week Infosys bought US automation specialist Panaya Inc for $200 million.

Mumbai: The Airbus Group NV is in advanced talks with India’s largest engineering company Larsen and Toubro Ltd (L&T) for setting up a radar manufacturing facility in India.

In an interview, Christian Scherer, executive vice-president (head of marketing and sales) and member of executive committee at Airbus Defence and Space GmbH, said it has started discussions with its preferred partner L&T for such a facility.

Mumbai: HDFC Bank Ltd will raise infrastructure bonds worth Rs.4,500 crore before the end of March, following up on its jumbo share sale earlier this month, as the bank braces itself to take advantage of increased lending opportunities to both companies as well as individuals over the next two fiscal years.

In an interview on Thursday, HDFC Bank managing director Aditya Puri said the bank has armed itself with funds with an eye on improving growth prospects in India.

The benchmark BSE Sensex dropped over 267 points in early trade today as funds and retail investors booked profits after recent gains amid a mixed trend overseas.

The 30-share index, which had gained nearly 1,235 points in previous seven sessions, fell by 267.52 points, or 0.91 per cent, to 29,194.75.

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