Cover Financial News

Construction tech startup Bettamint has tied up with Prestige Group’s construction arm K2K Infrastructure and Brigade REAP to manage informal workers at the construction sites of projects. The company, currently operational in Bangalore, is planning to expand to Mumbai, Pune and Delhi-NCR regions. Over the next two years, Bettamint aims to invest a significant amount in three phases, initiating operations in several cities, starting with Bangalore in Karnataka, and gradually expanding its reach to cover the whole of South India before pan India expansion. The platform comes equipped with recruitment, identity verification, onboarding features; supported by attendance, communication, field notes, compliance, payroll and payment capabilities. “Bettamint leverages technology to address industry-wide challenges including labour shortages, low productivity, high attrition and unpredictable quality. We want to solve this problem in an inclusive way where we empower millions of informal construction workers by enhancing their skills, reach, employability, earnings and quality of life, transforming individual workers to highly engaged, actively contributing, well incentivised participants in the project,” said Kezya De Braganca, founder of Bettamint. Bettamint offers builders an interface to digitise their workforce operations while also getting the benefits of increased productivity, improved quality, reduced attrition and enhanced project timelines. «Our mission has always been to raise the bar for industry standards and to prioritise the wellbeing and skill development of our workers.

Computer chip maker Nvidia has rocketed into the constellation of Big Tech’s brightest stars while riding the artificial intelligence craze that’s fueling red-hot demand for its technology

Some California lawmakers want to make striking workers eligible for unemployment benefits

Uber has raised the minimum age requirement for most new drivers in California to 25

By Siddarth S

₹163 crore in a securitization transaction with Citi India and Northern Arc. The PTC (pass through certificate) transaction is Navi’s first AAA-rated securitization in the personal loans space. As per the statement, it also marks Citi India’s inaugural securitized exposure to digital lending players in India.

Perpetual chief executive Rob Adams has moved to consolidate control of the enlarged investment manager as he unveiled a “refreshed strategy” following its acquisition of rival Pendal.

New Delhi: Competition Commission of India (CCI) has sought public comments on two schemes under which it will offer settlements in cases, and accept commitments from businesses to change their behaviour in order to avoid an investigation. The government had earlier this year amended the Competition Act enabling CCI to offer these schemes.

By Abigail Summerville, Anirban Sen and Deborah Mary Sophia

Barbie movie has broken all possible records at the box office and is still going strong. The film will now have a limited IMAX release, with unseen footage in the post-credits. Warner Bros., the producers of Barbie have set a one-week IMAX release for the film. Barbie is the highest-grossing release of the year at the domestic box office, also breaking records worldwide.

Post Office Time Deposit vs Bank Fixed Deposit: While several banks are offering more than 9 percent interest rate on fixed deposits to senior citizens, Post Office Time Deposit is still a safer option when it comes to guaranteed returns. Read on to know why.

The path to financial security begins with securing one’s future against unseen setbacks, and what better a way to ward off these setbacks than to invest in a robust term insurance plan. Irrespective of gender, everyone needs a term plan to secure their dependents beyond their lifetime. While India is home to 48.4% female population, historically men have assumed the role of financial planner in a family.

Tata Consultancy Services (TCS), Infosys and LTIMindtree. It has a ‘Sell’ rating on Wipro and Tech Mahindra, while a ‘Neutral’ rating on HCL Technologies.

Fukushima Daiichi nuclear power plant says it has begun releasing its first batch of treated radioactive water into the Pacific Ocean — a controversial step, but a milestone for Japan's battle with the growing radioactive water stockpile. In a live video from a control room at the plant Thursday, Tokyo Electric Power Company Holdings showed a staff member turn on a seawater pump, marking the beginning of the controversial project that is expected to last for decades. «Seawater Pump A activated,» the main operator said, confirming the release was underway. TEPCO later confirmed that the seawater pump was activated at 1:03 p.m.

With pandemic-related shipping problems in the rearview mirror, major U.S.

life insurance policy, an individual should evaluate the cover on certain factors such as tenure of the policy, premium paying term, maturity amount, insurance coverage, and bonus. From FY 2023-24, one should also check «Maximum Tax Exemption» available on a life insurance policy. Until March 31, 2023, an endowment life insurance policy or traditional life insurance policy (except ULIP) had the EEE tax rating (Exempt-Exempt-Exempt).

Computer chip maker Nvidia has rocketed into the constellation of Big Tech’s brightest stars while riding the artificial intelligence craze that’s fueling red-hot demand for its technology

Minneapolis' mayor has vetoed a minimum wage for Uber, Lyft and other ride-hailing drivers in the city

The union representing 340,000 UPS workers says its members voted to approve the tentative contract agreement reached last month

U.S. regulators have announced a settlement with the company that runs Dollar Tree and Family Dollar aimed at improving worker safety at thousands of the bargain stores across the country

More than 40 banks have piled into data centre operator AirTrunk’s $4.6 billion novel debt deal linked to its carbon, energy and water usage, snapping a lacklustre year for Australian borrowers in sustainable financing markets.