Align Financial News

Gitcoin, a platform that empowers communities to fund and build open-source projects, has announced a collaboration with Shell, a global energy company. The partnership aims to explore innovative ways to incentivize the adoption of renewable energy sources and provide transparency and verifiability for carbon markets.

Digital Economy Working Group and Global Partnership for Financial Inclusion—there is now almost universal alignment on the importance of DPI and the many ways in which it can be used. India’s diplomatic success in raising a buzz on a topic that the rest of the world had heard little of until recently has surprised many. Not only does India not have a track record of demonstrating such leadership at global fora, it has, to the contrary, remained non-committal on issues one might have expected it to take a firm stand on.

Axis Bank on Tuesday launched a paid savings account where the customer will not be charged for many services and will not be required to maintain a minimum balance.Customers will be charged Rs 150 per month or the discounted Rs 1,650 per year for what has been christened as 'Infinity Savings Account' by the third largest private sector lender. At present, a majority of the banks insist on a minimum balance for having a savings account, and charge holders a fee whenever the balance drops below the threshold. They also charge for extending services like SMS alerts, printing passbooks etc. A few players like Fino Payments Bank, do charge an annual account maintenance fee of the kind which Axis Bank is introducing with the new account.

Oppo Find N3 Flip is priced at CNY 6,799 (approximately Rs. 77,000) for the 12GB + 256GB configuration and CNY 7,599 (around Rs. 86,100) for the 12GB + 512GB variant.

The iPhone 15 Pro Max is expected to become Apple's flagship model, with a groundbreaking periscope lens rumored to offer impressive optical zoom, potentially 5X-10X. Analyst Ming-Chi Kuo predicts it could account for 35-40 per cent of Apple's shipments, possibly justifying a $200 price increase. However, these details remain unofficial until Apple's September 12 event.

Non-fungible token (NFT) startup FirstMate has successfully raised $3.75 million for further development of a new NFT storefront builder platform.

CoinSwitch, an Indian crypto unicorn, has become the latest in the crypto layoff spree in India, announcing job cuts in its customer support and operations teams.

A stunning celestial event is on the horizon for the night of August 30 — the Super Blue Moon. This rare phenomenon occurs when a full moon coincides with its closest distance to Earth. Despite the name, the Super Blue Moon does not exhibit a blue hue. The term «Super Blue Moon» is applied when two full moons occur within a single month. «Super blue moons occur about every 10 years, on average – though the time between any two occurrences can vary from two months to two decades or more,» clarifies NASA. A supermoon is a full moon that aligns with the moon's nearest point to Earth in its orbit.

Christopher Nolan recently talked about seat selection. Nolan shared, «When I’m in a theater with a cinemascope ratio, I like to be right near the front, in the middle of the third row. When I’m in a stadium-style IMAX 1.43:1 theater, then I actually prefer to be slightly behind the center line, right in the middle—just a little further back.» While Nolan's choices are based on personal preference, experts tend to agree that being a bit further back can lead to a better experience. So, what's the secret behind choosing the best seat in a cinema hall? With different theater sizes and formats available today, from cozy luxury formats to massive IMAX screens, how should you choose? Joe Muto, head projectionist for Nitehawk Cinemas in New York, suggests, «I’ve always felt the obvious best spot to sit in a movie theater is in the center of the room, aligned with the screen.

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car loan balance transfer with competitive interest rates and a high-value top-up loan. However, when applying for a car loan balance transfer, you must consider several factors. Assessing these criteria can help you make a well-informed choice that matches your financial requirements and preferences.

Amazon's CEO Andy Jassy communicated a new policy requiring employees to be present at the office for a minimum of three days per week. This decision was met with opposition, leading to protests and resignations from employees unwilling to relocate to the central offices.

₹150 or annual fee of Rs1650. “We have been continuously working on innovation-led models to re-define the role we can play in the life of our customers, by elevating digital banking to new domains of customer engagement. By incorporating the principles of subscription-based models, we aim to provide our customers with a transformative banking experience, aligning with the evolving preferences and expectations of today's consumers," Ravi Narayanan - Group Executive & Head – Branch Banking, Retail Liabilities and Products, Axis Bank, said.

While many companies are trying to bring hybrid work policies to address return-to-work issues, Gallup’s research shows that engagement has about 3.8 x as much influence on employee stress compared with the work location. This means that the way people feel about their jobs depends more on how they get along with their team and their manager rather than about being in an office or working remotely. Instead of reacting after attrition happens, companies can use various methods to understand what their employees feel. Most people working in companies would have had some experience with answering employee-feedback questions on a multitude of parameters. Some organisations also collect pulse surveys for periodic checks on how employees are feeling, and organise skip-level meetings to understand team feedback. Companies also incorporate a variety of communication forums such as town hall meetings, 1:1 discussions and, in a few cases, actively collect feedback on the changes required. Despite this, employee engagement is a moving goalpost for many organisations. Merely organising team lunches and fun get-togethers do not solve the core issue if people are disengaged with work, or with the way of work.

Tata Power Renewable Energy Limited (TPREL), renewable energy subsidiary of Tata Power, signed a group captive power delivery agreement (PDA) for 4.4 MW AC with the Anand Group, a global automotive systems and parts industry leader. Under this agreement, TPREL will facilitate the generation of 10 million units of clean energy through renewable sources. The project is expected to eliminate 5500 tonnes of carbon emissions annually, aligning with TPREL's mission to create a greener and cleaner future for its Commercial and Industrial (C&I) customers.

Reuters, certain inhabitants of Dharavi mentioned that the billionaire's financial difficulties have added to their apprehensions. Adani's redevelopment plans face a new challenge in the form of a legal dispute presented by competitor SecLink Technologies Corporation.

The Economic Times citing sources. As per the report, merchant lending has emerged as a significant source of revenue and a pivotal sector for the company. In a strategic move to strengthen its lending operations, BharatPe had unveiled its acquisition of a controlling stake in Mumbai's Trillion Loans, a non-banking financial company (NBFC), in May.

Bloomberg News that the leaders “will launch a kind of manifesto calling attention to the need to improve labor relations," that would touch on work environments and pay. Scheduled for September 19, the meeting will follow the addresses of both presidents to the General Assembly.

By Arriana McLymore

Farmers Insurance says it will lay off 11% of its workforce — about 2,400 employees — as part of a corporate restructuring aimed at increasing its efficiency and long-term profitability

Indian Institutes of Management (IIMs), including Ahmedabad, Indore, Kozhikode, Raipur, Nagpur and Sirmaur. On graduating from these institutes, the young managers/leaders are expected to be equipped to take key decisions at the board-room and corporate levels with management learnings from ancient Indian heritage and culture. The unique courses cover management learnings from Indian philosophy, ancient Indian ethos, science of happiness, Kautilya's Arthashastra, negotiation skills based on the Mahabharata and workplace wellbeing through karma yoga. These courses, most of which are in the pipeline, will be credit-based electives and are in line with the National Education Policy 2020. The policy proposes the revision and revamping of all aspects of the education structure, including its regulation and governance, to create a new system that is aligned with the aspirational goals of 21st century education, including the sustainable development goal on quality education (SGD4), while building upon India's traditions and value systems, the NEP policy document states. IIM-Ahmedabad is offering brand new courses on Indian philosophy, ancient Indian economy and management through its new online offering for any learner (even outside of IIMA).