Aware Financial News

Lightspeed, through its growth fund, is set to lead a $50-60 million deal with Qure.ai, which provides artificial intelligence-based decision support tools for diagnostic images, people aware of the matter said. This would be the third major deal from Lightspeed from its growth fund after having invested in quick-commerce firm Zepto and edtech company PhysicsWallah. The PhysicsWallah deal is yet to be formally announced. The funding in Qure.ai is likely to include a secondary share sale as well and is being finalised and will close within this month, people who know about the matter told ET. Qure.ai was a nominee in the Top Innovator category at The ET Startup Awards 2021.

Ayyappan R, former chief executive of Flipkart-owned Cleartrip, is set to launch a new quick-commerce retail venture and is in talks with venture capital firms Accel and RTP Global for a sizable seed funding, multiple people aware of the discussions told ET. The venture is likely to focus on delivering a select range of premium products within 20-30 minutes and will also have an offline retail presence, hence the need for larger-than-usual seed funding, they said. It will cover various retail categories including FMCG, health and fitness and fashion, and offer both international and local brands, they added.

good habits — because good habits are not so deep-rooted as bad habits. Good habits need much sacrifice on your part, so, very few people try to cultivate good habits. And even those who try to cultivate good habits try very few good habits; just underneath, there are many bad habits. First, try neutral, then good, then move by and by to bad habits. And, finally, remember that each habit has to be made aware. Once you have become aware of your whole habitual pattern, that habitual pattern is your mind. Any day the shift will happen. Suddenly, you will be in no-mind — when all the habits of your life have become aware… Any day, when that situation, that point, comes — at one hundred degrees — suddenly, a shift will happen....

China’s economy softened in August, extending a slowdown in industrial activity and real estate prices as Beijing faces pressure to ramp up spending to stimulate demand

Congress leader Rahul Gandhi over his remarks on «ending reservation», Vice President Jagdeep Dhankhar on Sunday said such comments by a person holding a constitutional post shows «anti-constitutional mindset». Addressing a public event in Mumbai, Dhankhar also said that awareness about India's Constitution is highly needed as some people have forgotten its soul. «A person from a constitutional post saying on a foreign land that reservation should be ended underscores the same anti-constitutional mindset. The baton of prejudices against reservation has been handed over. It is the same old anti-constitutional mindset,» he said. «Reservation is not against meritocracy, but it is the soul of the country and the Constitution. It is an affirmative action and not negative. It is not depriving someone of opportunity but handholding those who are pillars of strength of the society,» the vice president said.

Sebi chairperson Madhabi Puri Buch has traded in listed securities worth about Rs 37 crore during her tenure at the regulatory body, violating its conflict-of-interest policy, Congress alleged on Saturday in a fresh salvo against her. The country's main opposition party also accused Buch of making investments abroad including in Chinese funds.

Himanta Biswa Sarma discussed implementation of Orunodoi 3.0 and the National Food Security Act (NFSA). Sarma held a video conference at Lok Sewa Bhawan in Dispur with Members of Parliament, Members of the Legislative Assembly, and Deputy Commissioners to discuss Orunodoi 3.0 and the National Food Security Act (NFSA). Sarma stated the upcoming launch of Orunodoi 3.0 and the NFSA across Assam on September 19. He urged all MPs, MLAs, and DCs to provide suggestions to ensure the successful implementation of these initiatives.

BEIJING — China's retail sales, industrial production and urban investment in August all grew slower than expected, according to National Bureau of Statistics data released Saturday.

Competition Commission of India (CCI) will likely issue final orders by November on its four-year-long investigation into alleged anti-competitive practices by ecommerce giants Amazon and Walmart-backed Flipkart, said people aware of the development. The probe by the CCI's investigation wing, headed by director general Ansuman Pattnaik, has now corroborated the charge that the two companies have indulged in antitrust activities by extending preferential treatments to select sellers on their platforms, the people said. «The platforms' deep discounting through preferred sellers is distorting competition and the anti-competitive practices have been noticed across most product categories,» one of the persons told ET.

WhatsApp voice calling for businesses, GenAI integration, click-to-WhatsApp ads are the next big disruption which will “turbo-charge” the platform’s growth in India, Nikhila Srinivasan, VP Product Management at Meta told ET. After disrupting the SMS channel, WhatsApp is piloting calling functionality for large enterprises, which could cause a channel shift from IVR telephony currently used for customer services. “We look at it differently than traditional calling, and, by the way, calling is something which business users have been seeking from us for long,” Srinivasan said, explaining that WhatsApp users will be able to make outbound calls to customer service agents of businesses in the context of already active chat.

Siddaramaiah on Wednesday said he has written to the Chief Ministers of eight states regarding the «unfair» devolution of taxes by the Union government, and has invited them to a conclave in Bengaluru to collectively deliberate on the issues of «fiscal federalism». He said he has written to the Chief Ministers of Kerala, Tamil Nadu, Andhra Pradesh, Telangana, Maharashtra, Gujarat, Haryana, and Punjab. «States with higher GSDP (Gross State Domestic Product) per capita, like Karnataka and others, are being penalised for their economic performance, receiving disproportionately lower tax allocations. This unjust approach undermines the spirit of cooperative federalism and threatens the financial autonomy of progressive states,» he said in a post on 'X' with "#OurTaxOurRight" hashtag. «I have invited them to a conclave in Bengaluru to collectively deliberate on the issues of fiscal federalism at a juncture when the Finance Commission needs to make a directional shift & create incentives for growth and better tax mobilisation,» he said.

State Bank of India (SBI) is likely to raise up to ₹7,500 crore through the issuance of tier-2 bonds next week to meet burgeoning credit demand that has persistently run ahead of deposit accretion by lenders. «They (SBI) are likely to carry out a tier-2 bond sale for up to ₹7,500 crore with a base size of ₹3,500-4,000 crore and the remainder through a greenshoe option. Bidding for the bond sale is likely to take place on September 18 and the pay-in would be on September 19,» a source aware of the developments said to ET.

Madhabi Buch has maintained her complete silence for weeks on all of the emerging issues. «Buch has maintained her complete silence for weeks on all of the emerging issues,» said the shortseller in a post on X. In reaction, Hindenburg said «New allegations have emerged that the private consulting entity, 99% owned by SEBI Chair Madhabi Buch, accepted payments from multiple listed companies regulated by SEBI during her time as SEBI Whole-Time Member. The companies include: Mahindra & Mahindra, ICICI Bank, Dr. Reddy’s and Pidilite. These allegations apply to Buch's Indian consulting entity with no details thus far on Buch's Singapore-based consulting entity.»

Indian Air Force is cooperating with the local police in Jammu and Kashmir's Budgam in probing a complaint of alleged sexual assault that was lodged by a woman flying officer against a Wing Commander, an IAF official said. A first information report or FIR has reportedly been filed in the case by the local police after the women officer of the IAF filed the complaint against the senior officer.

Mint for the first three to four years, she wasn’t making much. By 2016, however, things started to improve, and her income rose to about ₹2 lakh per month. “Back then, there were no stories or reels; there were only static pictures, and I was paid to post pictures and blog." The pandemic accelerated an already booming influencer marketing industry, with the internet becoming a primary source of entertainment.

Team USA has a history of dominating the Olympic Games, its results at the Paralympics have been less spectacular. Even though American Olympians consistently win the most medals, their Paralympic counterparts have encountered more challenging opposition. With 36 gold medals out of a total of 105, the United States placed third in the 2024 Paralympics, behind Great Britain and China. As per the reports of Yahoo sports, the United States hasn't yet recaptured the dominance it had from 1976 to 1996, when Team USA often dominated the Paralympic medal table, although improving from its sixth-place position in 2012.

Following engagement with firms and trade bodies, the regulator said in a statement today (9 September) that it has taken «longer than expected» for some firms to make the required changes under SDR and ahead of the December deadline. Friday Briefing: The first-mover disadvantage of SDR It also revealed a «strong pipeline of fund applications» from firms wishing to use one of the four SDR labels, although the FCA told Investment Week last week that it was only aware of six products looking to adopt the labels either via notification or application. So far, only WHEB Asset Managemen...

Apple unveiled the highly anticipated AirPods 4, claiming them to be the “most comfortable AirPods ever.” The updated design, powered by the new A2 chip, enhances performance and user experience. One of the standout features is Personalized Spatial Audio, which adapts sound based on the user’s head position, creating an immersive audio experience tailored to individual preferences.

EBITDA, and PAT fell short of Reuters-Refinitiv estimates by 4.7%, 8.1% and 18.8%, respectively. While the fluorochemicals segment reported a weak quarter, the new fluoropolymers gained traction, led by innovations in emission controls. The management is confident about performance improvement, supported by buoyant growth prospects of the EV segment, and volume improvement in fluoropolymers. Analysts, too, are optimistic about the company’s long-term business outlook.

Tim Alper is a British journalist and features writer who has worked at Cryptonews.com since 2018. He has written for media outlets such as the BBC, the Guardian, and Chosun Ilbo. He has also worked...

ecommerce and forex trading portals, following investigations by the Enforcement Directorate (ED), said people aware of the matter. They include OctaFX, Fairplay, Magicwin, Mahadev Online Book and 30 others, operated by promoters located in Spain, Dubai, Russia and Pakistan.