RBI Imposes Penalties on 22 Banks with Fines Upto ₹30 Million

The Reserve Bank of India (RBI) has imposed penalties on 22 banks, including State Bank of India (SBI), Bank of Baroda and Canara Bank, for violating rules of customer identification and anti-money laundering. The banks have been fined ranging from ₹5 million to ₹30 million for the offence. Jul 15, 2013

Firefox OS-Powered Smartphones to Hit Stores in July: report

The Mozilla Foundation is set for an aggressive entry into the smartphone market with the Firefox OS-powered handsets. The non-profit foundation, which has allied with thirteen wireless service providers across the globe, will unveil its first smartphone in July. Feb 25, 2013