Day: June 27, 2020

Filipino lawyer says he’s been framed over Wirecard’s missing billions

By Karen Lema and Joe Brock

MANILA/SINGAPORE (Reuters) – A Filipino lawyer embroiled in a multi-billion dollar fraud at Wirecard <WDIG.DE>, Mark Tolentino, told Reuters that he was surprised to be linked to the German payments firm and that he was the “victim of a frame-up”. Wirecard went bankrupt earlier this week after disclosing that $2.1 billion of cash supposed to be in bank accounts in the Philippines probably didn’t exist. The revelation led to the arrest of its former chief executive and has triggered probes in Germany, Brussels and the Philippines as investigators try to determine what happened.


Govt needs to make hard choices to keep India’s economy going; these steps may help ease economic woes

Although several nations began opening up their economies after infection cases had plateaued, India reopened its economy while cases were rising.

Rumki Majumdar

In a world minus COVID-19, we would have had Olympics at this time of the year, with countries competing to be on top of the scoreboard. The COVID-19 scoreboard that exists now instead is not an aspirational one. India is amongst the top five on that scoreboard today. As the nation reopens in a staggered manner to revive its economy, the number of confirmed cases continues to rise (given the relaxed restrictions). With infection cases crossing 5

Reliance Jio offering free annual Disney+ Hotstar VIP subscription, 15GB data with Rs 222 plan

Reliance Jio Rs 222 plan also gives a benefit of 15GB high-speed data.

Telecom operator Reliance Jio has come up with a new offering that will allow users to access Disney+ Hotstar VIP for a year. The company has reportedly introduced a new plan that all Jio customers who do not have the benefit of Disney+ Hotstar VIP can avail. Thus, the new plans allow Jio users to pay Rs 222 and get a yearly subscription of the streaming channel on their phones.

It has first been reported by Price Baba which highlighted that the plan is only for those