AMOLED displays are prone to getting random lines, especially green ones. This issue has affected smartphones that have AMOLED displays from several manufacturers and price brackets. The issue is slightly more prominent in OnePlus devices and to address this, the company has announced a lifetime free screen replacement warranty on its smartphones. It’s India-specific, but there’s a catchOnePlus has confirmed to Android Authority that it will offer lifetime free screen replacement to its customers in India. In addition to this, select users may also get eligible for upgrade discounts. OnePlus spokesperson told Android Authority that “lifetime screen warranty on all affected devices.” The spokesperson further clarified that the screen replacement warranty offer is only applicable in India at the moment. Here’s the complete statement:“We realise that this issue has caused a great deal of inconvenience to the affected users, and we apologize for it. In line with our unwavering commitment, we encourage users to visit the nearest OnePlus service centre for device diagnosis, and we will provide free screen replacement for all devices affected by the situation. On select OnePlus 8 and 9 Series devices, we are also offering a voucher that will provide the user with a fair percentage of the device value to upgrade to a new OnePlus device. In light of the current situation, we are now offering lifetime screen warranty on all affected devices. Thank you for your understanding and support.”OnePlus further clarified that the “lifetime screen warranty” applies to any OnePlus phone affected by the green line issue in India, not just selected devices.List of OnePlus smartphones that are eligible for lifetime screen replacement warranty OnePlus 8 Pro OnePlus 8T OnePlus 9 OnePlus 9R This means owners of these OnePlus devices can get their phone’s display replaced for free if the display is affected by the green line issue.OnePlus is proposing an upgradeIn addition to the free screen replacement warranty, OnePlus is also offering owners of the OnePlus 8 Pro, OnePlus 8T, OnePlus 9 and OnePlus 9R with green line defects in their phone a free upgrade voucher for the new OnePlus smartphone. Also, these upgrade vouchers are applicable to buyers in India only. Here are the complete details of the voucher value users can get: Product Name Voucher Value 10R Bonus Total Pick a 10R Top up Discount rate OnePlus 8 (8GB+128GB) 20000 4500 24500 34999 10499 70% OnePlus 8T (12GB + 256GB) 20000 4500 24500 34999 10499 70% OnePlus 9 5G (8GB + 128GB) 23500 4500 28000 34999 6999 80.00% OnePlus 9 5G (12GB + 256GB) 23500 4500 28500 34999 6999 80% OnePlus 9R 5G (8GB + 128GB) 19000 4500 23500 34999 11499 67.14% OnePlus 9R (12GB + 256GB) 19000 4500 23500 34999 11499 67.14% OnePlus 8 Pro (8GB + 129GB 25500 4500 30000 34999 4999 85.72% OnePlus 8 Pro (12GB + 256GB) 25550 4500 30000 34999 4999 85.72% To avail of this upgrade offer, buyers are supposed to buy the new OnePlus phone via the company’s official website and not online or offline retail channels. Additionally, OnePlus is also offering additional discount benefits if the customer chooses to buy a OnePlus 10R smartphone.
Flipkart Parent Walmart India Moves NCLT To Seek Share Capital Reduction
NCLT directed Walmart India to submit supporting judgements from higher courts to strengthen its arguments Walmart India has moved the tribunal to offset accumulated losses against the share premium received from existing shareholders under Sections 66 and 52 of the Companies Act, 2013 Flipkart said that it is ‘confident’ of honouring its commitments, meeting its liabilities, as well as fulfilling both present and future fund requirements Ecommerce major Flipkart’s parent entity Walmart India has moved the Delhi bench of the National Company Law Tribunal (NCLT) to seek a reduction of share capital. Reduction of share capital allows a company to adjust (or eliminate) accumulated losses or change the capital structure of a company. While hearing the case on Wednesday (August 9), the NCLT directed Walmart India to submit supporting judgements from higher courts to strengthen its arguments. Meanwhile, the tribunal has adjourned the matter to next week. According to Moneycontrol, Walmart India has moved the tribunal to offset accumulated losses against the share premium received from existing shareholders. The ecommerce major, in its plea, cited Sections 66 and 52 of the Companies Act, 2013 to undertake the move. Flipkart, in a statement, said, “In compliance with the Companies Act, 2013 and with the consent of the Company’s Board and shareholders, Walmart India has proposed to undertake the reduction of share capital. The reduction of share capital essentially entails the set-off of our accumulated losses with securities premium and does not have any impact on creditors and shareholders of the company, nor does it impact the value of the shares.” Section 52 empowers a company, issuing shares at a premium, to transfer a sum equivalent to the premium to a ‘securities premium account’ to provision for the future reduction of share capital. On the other hand, Section 66 allows a company to reduce its share capital with the explicit permission of the tribunal. Flipkart, as per the report, reiterated that the reduction would be subject to the NCLT approval, adding that the company was ‘confident’ of honouring its commitments, meeting its liabilities, and fulfilling both present and future fund needs. If the NCLT concurs with the plea, it will notify the Registrar of Companies (RoC) and the central government to pave the way for capital reduction. While it was not immediately clear what has led to the move, it has come at a time when Flipkart has been raking up heavy losses. The company’s marketplace arm saw its standalone net loss zoom 1.5X to INR 4,361 Cr in FY22 against a loss of INR 2,881.3 Cr in the year-ago period.
Google Products: Google sends reminder warning to all users about accounts being deleted forever
If you have a Gmail account that you rarely access or haven’t used in years, then Google has some bad news for you. Last month, it was revealed that Google will shut down inactive accounts and now the company has started sending reminder ‘notices’ to all users pertaining to this. In the email, Google says that it updating the inactivity period for a Google Account to two years across all its products and services. “This change starts rolling out today and will apply to any Google Account that’s been inactive,” said Google in the email. How does Google decide an account is inactive? According to Google, any account that has not been signed in to or used within a two-year period is considered an inactive account. When will Google start deleting accounts? An inactive account and any content in it will be eligible for deletion from 1 December 2023, said Google. “While the changes go into effect today, the earliest that we would enforce any account deletion would be December 2023,” informed Google in the email. Will your account be deleted without any notification? No, if your account is considered inactive, Google will send several reminder emails to both you and your recovery emails (if any have been provided) before it takes any action or delete any account content. How can you keep an account active? It’s simple — just log in once every two years. If you have signed in to your Google Account recently in the last two years, your account is considered active and will not be deleted.“Our priority is to make it as easy as possible for you to keep your account active, if you want to, and we’ll ensure that you have adequate notice before any account is impacted by this change,” added Google in the email.
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India To Launch BRICS Startup Forum To Foster Entrepreneurial Collaborations
Commerce Minister Piyush Goyal said the move is aimed at bolstering collaboration and knowledge sharing among startups from BRICS nations During the seventh BRICS Industry Ministers’ meeting, Goyal also said that the Centre’s Startup India initiative has nurtured the growth of nearly 1 Lakh startups in the country The development comes at a time when India has been using global forums, including the G20, to promote startups in the country and cross-border cooperation between startups In a move aimed at bolstering collaboration and knowledge sharing, India is all set to launch a BRICS startup forum later this year. Union Minister for Commerce and Industry Piyush Goyal made the announcement during the seventh virtual BRICS Industry Ministers’ meeting held in South Africa. BRICS is the acronym for a bloc of five countries – Brazil, Russia, India, China, and South Africa. Touting the achievements of India’s Startup India initiative, Goyal told the delegates that the scheme has nurtured the growth of nearly 1 Lakh startups within the country. He also conveyed India’s unwavering commitment to offering support and insights to fellow BRICS members for fostering an environment conducive to entrepreneurial success. One of the key outcomes of the conclave was the unanimous adoption of a joint declaration that emphasised the pivotal role played by digitalisation, industrialisation, innovation, inclusivity, and investment in shaping the trajectories of the BRICS economies. As Industry 4.0 and cutting-edge technologies drive digital transformations across various sectors, the BRICS ministers also emphasised the significance of human resource development. “The BRICS members acknowledge the imperative of human resource development and the exploration of cooperative opportunities in upskilling and reskilling programs,” said the joint declaration. The development comes at a time when India has been using global forums to encourage startups in the country and cross-border cooperation between startups. As part of its G20 presidency, India aims to rally $1 Tn in annual investment in startups globally by 2030. Leading the Startup20 Engagement Group, India has advocated a common framework to define startups while retaining local autonomy. The initiative aligns with India’s five-point startup definition and seeks to address issues such as access to capital, market access, talent, and inclusivity. These efforts shine light on India’s thriving startup ecosystem, which counts 108 unicorns and nearly 1 Lakh DPIIT-recognised startups. This comes even as the Indian startup ecosystem reels under the impact of the ongoing funding winter. According to an Inc42 report, homegrown startups raised $5.4 Bn in the first half (H1) of 2023, a decline of 10% from $6 Bn during the year-ago period.
Ericsson: Ericsson, TSSC to sets up centre to upskill students on next-gen technologies
Telecom equipment maker Ericsson has partnered with Telecom Sector Skill Council (TSSC) to launch a Center of Excellence (CoE) at Delhi Skill & Entrepreneurship University (DSEU). The CoE will train students on 5G and emerging technologies along with job placements post the completion of the selected module by the student. Around 300 students will receive the training in the first year of the program. The rollout of 5G networks in India, the rapid adoption of smartphones and IoTdevices in the country, as well as the boost in the manufacturing sector, have led to the creation of new skill requirements in the telecom sector. Ericsson together with TSSC is looking at addressing this gap by providing training and skill development to students in addition to providing career opportunities in the telecom sector. Ericsson-TSSC student upskill program: DetailsThe modules being offered to students include training to be a 5G network engineer, technical training for handheld devices and for IOT devices/systems as well as line assembly of telecom products. The industry-approved training modules include theory lessons as well as hands-on practical training for the students in the Skill Labs set up in the CoE. Ericsson’s other educational initiatives in India Ericsson’s educational initiatives in India include providing financial support to girls from underprivileged sections of society who are pursuing technical education. As part of its Connect To Learn initiative, Ericsson has been running 40 centres across the country to provide ICT and soft skills training to underprivileged youth to boost their employability. Furthermore, to stimulate students’ interest in technology and provide digital skills including coding, programming and robotics, Ericsson has set up 15 Robotic Labs in the country. Through Ericsson’s flagship program Connect to Learn, 400,000 children and young adults in 36 countries have been provided with access to digital learning and skills development programs.
Mi Mix Fold: Xiaomi CEO confirms launch date of Mi Mix Fold 3 smartphone
Chinese smartphone maker Xiaomi has been working on its next-gen foldable devices for some time now. Now, the company’s CEO, Lei Jun took to X to confirm the launch date of the Mi Mix Fold 3 foldable smartphone. The smartphone will succeed the Mi Mix Fold 2 smartphone that debuted in 2022. Apart from the foldable smartphone, the company may also launch the Xiaomi Pad 6 Max tablet and the Redmi K60 Ultra smartphone at the same event. In the teaser shared on Twitter, Xiaomi revealed official images of the smartphone which also confirms its overall design. The upcoming smartphone can be seen sporting a Leica-branded rear quad-camera system and appears to have slightly curved corners. The smartphone is expected to compete with other foldable phones like Samsung Galaxy Z Fold 5, Pixel Fold and Honor Magic V Fold. Xiaomi Mi Mix Fold 3: Launch timing and other details Xiaomi’s CEO has already confirmed that the Mi Mix Fold 3 smartphone will be launched at an event which will be held in China. Jun has confirmed that the upcoming foldable smartphone will launch in the company’s domestic market on August 14. Apart from this, the company has also shared official renders of the upcoming phone on the Chinese microblogging platform Weibo. These renders show the Mi Mix Fold 3 from all angles in both folded and unfolded modes. The Weibo post shows the smartphone in a sleek design and two colour options – black and cream colour variants. The company is yet to reveal any key specs of the smartphone.Xiaomi Mi Mix Fold 3: Expected specsAccording to a report by GizmoChina, the Mi Mix Fold 3 is expected to feature the Snapdragon 8 Gen 2 chipset and a periscope telephoto lens. The foldable smartphone may also pack a 4,800 mAh battery unit that is likely to support 67W fast charging.
WeWork India Unimpacted By The Global Co’s “Substantial Doubt” About Its Future
Any development globally has no impact on the company’s India business, said CEO Karan Virwani He added that despite the challenges brought by the pandemic, the Indian arm emerged profitable early last year The company ended FY23 with a revenue of INR 1,400 Cr and INR 250 Cr in earnings, said Virwani Even after global workspace provider WeWork expressed “substantial doubt” regarding its ability to continue as a going concern, its Indian arm has claimed to remain unaffected by it. “Since its inception, WeWork India has been backed by the Embassy Group which holds the majority stake and control to run and operate WeWork Global’s business in India. Any development globally has no impact on our business here,” said Karan Virwani, CEO, WeWork India, in a statement on Wednesday. It is pertinent to note that the New York-based WeWork warned of a possible bankruptcy, which has turned out to be a sharp reverse of fortune for this Softbank-backed one of the most celebrated names in the global startup ecosystem. During its quarterly earnings for the three and six months ended June 30, 2023, WeWork said, “…as a result of the Company’s losses and projected cash needs, combined with increased member churn and current liquidity levels, substantial doubt exists about the Company’s ability to continue as a going concern.” The company reported a net loss of $696 Mn in the first half of 2023 as against $1,139 Mn reported in the last year’s period. However, WeWork India’s Virwani said that despite the challenges brought by the pandemic, the Indian arm emerged profitable early last year. He said that it ended FY23 with a revenue of INR 1,400 Cr and INR 250 Cr in earnings. “We have built a strong network of local stakeholders, members, landlords and developers who are increasingly looking to partner with us. We are focussed on growth with sustained profitability, and the fundamentals of our business remain strong,” Virwani added. Notably, WeWork India has continued to expand its footprint in the country. As of October last year, it had more than 6 Mn square feet of assets signed across 40 locations in the country in cities, including Bengaluru, Delhi-NCR, Mumbai, Pune, and Hyderabad. In June this year, WeWork India reportedly took a lease of over 1 lakh square feet of office space in Hyderabad after taking on lease a 2.2 lakh square feet of office space in Bengaluru. Last year, the coworking space provider announced its first investment in Bengaluru-based conferencing and collaboration platform Zoapi to enhance the hybrid workspace model. In December last year, WeWork India secured INR 550 Cr ($66.4 Mn) from Hong Kong-based BPEA Credit.
Top 10 Strategies for Successful CEO Communication
Communication plays a role in effective leadership, especially for CEOs who need to master various communication strategies to lead their organizations successfully. In this article, we will explore strategies that CEOs can utilize to communicate effectively with their teams, stakeholders, and the wider business community. 1. Open and Transparent Internal Communication Transparent internal communication involves consistently sharing information, updates, and insights within the organization. By being open about company goals, performance, and changes CEOs foster an environment of trust and engagement among employees. This approach ensures that employees are well-informed about the company’s direction and understand how their roles contribute to its objectives. It also encourages a culture of accountability where employees feel empowered to take ownership of their work and contribute to the company’s success. 2. Crafting an Inspiring Vision CEOs possess the ability to articulate an inspiring vision, for their organization’s future. Through storytelling techniques, they create a narrative that resonates with employees’ aspirations. This vision not guides decision-making but also motivates employees by providing them with a sense of purpose and direction. When employees form a connection to the company’s vision they are more inclined to collaborate and go above and beyond to bring that vision to life. 3. Tailoring Messages for Different Audiences CEOs communicate with groups each having their interests and concerns. To effectively resonate with employees, investors, customers, and the media CEOs adapt their messages according to the needs of each audience. By adjusting the language, tone, and content of their communication CEOs address the perspectives of these groups. This fosters impactful and relevant communication building stronger relationships and promoting a deeper understanding of the company’s value proposition. 4. The Importance of Active Listening Listening is a crucial skill for CEOs to develop. By listening to feedback concerns and ideas from employees and stakeholders alike CEOs show respect for their opinions. This not makes employees feel valued but also enriches decision-making by incorporating diverse viewpoints into strategic plans. Encouraging listening through sessions like town halls and open forums nurtures a culture of transparency and inclusivity. It creates an environment where employees feel comfortable sharing their thoughts. 5. Effective Communication – in Times of Crisis During periods of crisis, CEOS need to communicate openly and promptly while maintaining transparency. Effective crisis communication is about acknowledging the challenges providing accurate information and outlining the steps being taken to address the situation. By keeping lines of communication open CEOs can inspire confidence maintain trust and minimize any damage to the organization’s reputation. Furthermore, transparent crisis communication reassures stakeholders that the company is actively managing the situation thereby preventing speculation and misinformation from spreading. 6. Utilizing Digital Communication Channels CEOs have an opportunity to connect directly with an audience by leveraging digital platforms such as social media, blogs, and podcasts. These channels allow CEOs to showcase their side share valuable insights and highlight the company’s culture. By engaging on these platforms CEOs can establish a more genuine connection with stakeholders and build a stronger online presence. Engaging in real-time conversations, responding to comments promptly, and offering behind-the-scenes glimpses enables CEOs to create an experience that resonates with digitally savvy audiences. 7. Personalized One on One Communication Developing relationships through one on one communication with stakeholders like employees investors and partners is invaluable. This personalized approach demonstrates the CEO’s commitment to fostering connections. By listening to individual concerns while providing direct support and expressing appreciation, for contributions made by stakeholders; CEOs can enhance loyalty and engagement levels. Interactions on a one-on-one basis can also serve as a platform for mentorship enabling CEOs to offer guidance and share insights based on their experience. 8. Maintaining Consistent Messaging Consistency in messaging plays a role in establishing credibility and building a strong corporate identity. CEOs should ensure that their communication aligns with the company’s values, vision, and objectives across channels. By maintaining messaging organizations reinforce their brand and build trust among stakeholders. It also prevents confusion. Ensures that all stakeholders have a clear and unified understanding of the company’s goals and initiatives. 9. Promoting Collaborative Communication CEOs foster communication by creating platforms for open dialogue and sharing of ideas. This approach empowers employees to contribute their thoughts express concerns and provide feedback. By involving employees in decision-making processes CEOs cultivate a culture that values ownership and mutual respect. Collaborative communication not boosts employee engagement but also taps into the collective intelligence of the workforce leading to innovative solutions and continuous improvement. 10. Assessing Communication Impact Evaluating the impact of communication efforts is essential for improvement. CEOs should monitor metrics such as feedback from employees and stakeholders’ levels of engagement well as employee satisfaction surveys. Analyzing these data points helps CEOs refine their communication strategies to ensure they remain effective and responsive, to evolving needs. Measuring the impact of communication also provides insights into how effective different communication channels are and helps CEOs make well-informed decisions about allocating resources. photo credit: Sebastiaan ter Burg / Flickr To Conclude… Being a communicator is a key characteristic of successful CEOs. By practicing transparent internal communication creating inspiring visions tailoring messages to diverse audiences and actively listening to feedback CEOs can build strong connections with their teams and stakeholders. Additionally handling crises through communication strategies utilizing digital communication platforms engaging in personalized one, on one interaction and employing other tactics further enhance their ability to communicate effectively. Consistently delivering messages fostering collaborative communication environments and evaluating the impact of their communication efforts all contribute to establishing themselves as skilled communicators who drive organizational success.
Government has issued high severity warning for Chrome users, here’s what you can do
Computer Emergency Response Team (CERT-In), an agency operating under the Ministry of Electronics and Information Technology, has issued a warning for Google Chrome users. Classified as ‘high severity,’ this warning pertains to the discovery of multiple vulnerabilities within specific versions of Google Chrome.The role of CERT-In encompasses addressing and managing cybersecurity threats, encompassing issues such as hacking and phishing. Their latest advisory underscores the potential risks linked with using certain iterations of the popular web browser.What’s the threatThe advisory divulges that “Multiple vulnerabilities have been reported in Google Chrome which could be exploited by an attacker to execute arbitrary code and gain access to sensitive information on the targeted system.” The gravity of the situation calls for immediate action to safeguard users’ data and systems from potential breaches.The vulnerabilities in question have been attributed by CERT-In to several factors, including ‘use after free’ scenarios in prompts, Web Payments API, SwiftShader, Vulkan, Video, and WebRTC. Additionally, a heap buffer overflow in Video and integer overflow in PDF have contributed to this issue. The concerning part is that a remote attacker could potentially exploit these vulnerabilities by luring unsuspecting victims to visit maliciously crafted web pages.List of all the vulnerabilities foundThe vulnerabilities highlighted by CERT-In are as follows:– CVE-2023-0927– CVE-2023-0928– CVE-2023-0929– CVE-2023-0930– CVE-2023-0931– CVE-2023-0932– CVE-2023-0933– CVE-2023-0941Affected versionsGoogle Chrome versions prior to 115.0.5790.170 for Linux and MacGoogle Chrome versions prior to 115.0.5790.170/.171 for WindowsWhat users can do?CERT-In has recommended users to promptly apply the latest available security patches for the browser. On a positive note, Google has already dropped the latest version of Chrome which includes fixes for these vulnerabilities.