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Britain's NCSC detects 'limited number' of UK victims in Microsoft hack campaign

Britain's NCSC detects 'limited number' of UK victims in Microsoft hack campaign

Time of India4 days ago
Microsoft on Saturday issued an alert about "active attacks" on SharePoint servers used within organisations. It said that SharePoint Online in Microsoft 365, which is in the cloud, was not hit by the exploit, also known as a "zero day".
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Britain's National Cyber Security Centre (NCSC) said on Monday it had detected a "limited number" of UK-based victims in an ongoing hacking campaign that has affected servers using Microsoft 's SharePoint system.Microsoft on Saturday issued an alert about "active attacks" on SharePoint servers used within organisations. It said that SharePoint Online in Microsoft 365, which is in the cloud, was not hit by the exploit, also known as a "zero day".
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Yali Capital closes Rs 893 crore deeptech fund
Yali Capital closes Rs 893 crore deeptech fund

Time of India

timean hour ago

  • Time of India

Yali Capital closes Rs 893 crore deeptech fund

Bengaluru: Bengaluru-based Yali Capital closed its debut deep tech-focused fund at Rs 893 crore, exceeding its original Rs 500 crore target and Rs 310 crore greenshoe option. The Sebi-registered Category II AIF plans to deploy the fund across early-stage and late-stage investments in sectors such as semiconductors, AI, robotics, aerospace, and smart manufacturing. Tired of too many ads? go ad free now Founding managing partner Ganapathy Subramaniam told TOI that the fundraise was completed entirely through word-of-mouth, without any bankers or distributors. "Nearly 78% of our capital came from India – entrepreneurs, family offices, fund-of-funds like Sidbi's FFS and Self-Reliant India Fund, and corporate backers including Infosys and Qualcomm," he said. The fund's leadership team also committed Rs 15 crore each to the vehicle. Yali Capital operates through a dual structure comprising a Sebi-registered AIF and a GIFT City-based feeder vehicle to attract global capital. The firm has already backed five startups and plans to invest in three more by the end of the year. The average ticket size ranges from $2 million to $10 million, with ownership targets varying from 20% at seed stage to as low as 5% in late-stage deals. The fund will allocate 70% of capital to early-stage bets and the remaining 30% to growth-stage investments, primarily in companies at Series D and beyond. "Of the early-stage capital, about 45% will go into first institutional rounds and 25% into follow-ons," Subramaniam said, adding that the fund will not participate in secondary transactions. Subramaniam, who previously led and backed deep tech companies such as Cosmic Circuits, IdeaForge, and Tonbo Imaging, said the team brings strong operator experience and intends to work closely with founders. "Today alone, two of our portfolio startups spent three hours each with us. Tired of too many ads? go ad free now We're not just capital providers; we want to help execute the vision," he said. While Yali's early-stage focus will be on experienced or university-affiliated founders in deep tech, the late-stage strategy leans heavily on partner Mathew Cyriac's track record of taking companies like MTAR Technologies and Data Patterns public. "India has several deep tech firms doing hundreds of crores in revenue but struggling to scale. We want to come in, back them with capital and execution, and take them public," Subramaniam said. Asked about sectoral depth, he flagged manufacturing, robotics, and chip design as areas with strong founder readiness. "India is the world's second-largest chip design talent pool. The challenge is converting that into product companies that can compete globally," he said. The firm expects to announce a large investment in the chip design space in the coming weeks. While India's domestic deep tech market remains early, Subramaniam said the LP response and founder momentum point to a long-term inflection. "The ecosystem is maturing. There's plenty of pipeline. Now it's about patient capital and execution."

Binned batteries to power India's lithium boom
Binned batteries to power India's lithium boom

Time of India

timean hour ago

  • Time of India

Binned batteries to power India's lithium boom

Rajkot: Gujarat is set to give the 'Atmanirbhar Bharat' mission a significant push in lithium—the 'white gold' indispensable for powering gadgets and e-vehicles—while also extracting the metal without polluting the environment. Scientists at the Bhavnagar-based Central Salt and Marine Chemicals Research Institute (CSMCRI) developed a clean, fast, and selective method to extract lithium from disposed batteries. This discovery could significantly reduce India's import bills as the country imports 100% of its lithium requirement. This study was recently published in Angewandte Chemie International Edition, a leading peer reviewed chemistry journal by the German Chemical Society. Scientists say the technology will also give the much-needed momentum to India's rapid shift to green energy and lower dependence on fossil fuels. On average, one ton of lithium requires processing about 28 tons of battery waste. The metal is recovered only after several stages of processes that are slow, inefficient, and costly, often resulting in metal contamination and loss, and the purity is also not high. This also deters battery producers from extracting lithium from waste. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Many Are Watching Tariffs - Few Are Watching What Nvidia Just Launched Seeking Alpha Read More Undo The conventional process, after recovering the black powder, first involves leaching all metals like nickel, cobalt, and manganese in the battery's cathode, resulting in significant loss and contamination. If scaled up after commercial application, businesses handling waste batteries could get a big encouragement and better price. At present, waste battery handling is not a lucrative business due to pollution and the small quantity of lithium obtained. CSMCRI's scientists have turned the problem on its head. Instead of lithium coming out last, their new method pulls lithium out first—with purity. After recovering the black powder from used lithium-ion batteries, anthraquinone salt and hydrogen peroxide are applied to selectively extract lithium. Kannan Srinivasan, director of CSIR-CSMCRI, said, "This method avoids the harsh chemicals and high-energy use of existing processes." Lead researcher and Principal Scientist Alok Ranjan Paital said, "We achieved 97% lithium leaching efficiency in just one hour. Also, compared to 2–3 days required by traditional methods to extract one ton of lithium, this new technique delivers the same results in just 2–3 hours with higher purity. " Scientists also successfully synthesised new battery materials, proving its practical viability. "This greener method could help ease pressure on lithium mining and support a sustainable lithium supply chain," said principal scientist Kanti Bhooshan Pandey. CSMCRI is already in talks with industry players for commercial adoption.

This tech giant to sack 24000 employees, halt work on…, not Ratan Tata's TCS or Narayana Murthy's Infosys, it is…
This tech giant to sack 24000 employees, halt work on…, not Ratan Tata's TCS or Narayana Murthy's Infosys, it is…

India.com

timean hour ago

  • India.com

This tech giant to sack 24000 employees, halt work on…, not Ratan Tata's TCS or Narayana Murthy's Infosys, it is…

Infosys founder Narayana Murthy and late Ratan Tata- File image Intel is undergoing major and challenging restructuring, announcing plans to lay off around 24,000 employees this year, nearly one in four of its workforce as of the end of 2024. The announcement was made during the company's Q2 2025 earnings report. Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the fortunes of the struggling chipmaker that helped launch Silicon Valley but has fallen behind rivals like Nvidia Corp. Intel CEO Lip-Bu Tan's Memo To Employees In a memo to employees, CEO Lip-Bu Tan said Intel plans to end the year with 75,000 workers, down 31% from 108,900 employees at the end of last year, through layoffs and attrition. The company previously announced a 15% workforce reduction. 'I know the past few months have not been easy. We are making hard but necessary decisions to streamline the organization, drive greater efficiency and increase accountability at every level of the company,' Tan wrote. In addition, Intel will scrap previously planned projects in Germany and Poland and also move assembly and test operations in Costa Rica to larger sites in Vietnam and Malaysia. Costa Rica will remain a 'home to key engineering teams and corporate functions,' Tan said in the memo. In the U.S., the company said it will 'further' slow construction of a semiconductor plant in Ohio. What Was Missed By Intel? Founded in 1968 at the start of the PC revolution, Intel missed the technological shift to mobile computing triggered by Apple's 2007 release of the iPhone, and it's lagged more nimble chipmakers. Intel's troubles have been magnified since the advent of artificial intelligence, a booming field where the chips made by once-smaller rival Nvidia have become tech's hottest commodity. The Santa Clara, California-based company's market cap was $98.71 billion as of the market close on Thursday, compared with Nvidia's $4.24 trillion. (With Input From Agencies)

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