Digital Financial News
20.01 / 05:13
20.01 / 05:13
20.01 / 03:31
markets
FIVE
Digital
Strategy
Actor
PAM
Investigations
Saif Ali Khan attack case: Mumbai police likely to recreate crime scene with accused
Mumbai police will likely recreate the crime scene at the Bandra home of Bollywood actor Saif Ali Khan, who was repeatedly stabbed by an intruder, an official said. The accused in the high-profile case, a 30-year-old Bangladeshi man, was arrested on Sunday morning from neighbouring Thane city.
20.01 / 03:31
markets
Digital
Strategy
BURST
Trade
Celebrity
Donald Trump's cryptocurrency surges to become one of the world's most valuable
Trump family's new crypto token surged in just two days to become one of the most valuable forms of digital currency in the world, creating the potential for a multibillion-dollar payout to the family but also generating a storm of questions about the conflicts of interest the new venture creates.
20.01 / 02:57
20.01 / 02:57
IPO
Provident
Digital
Analysis
Trade
Experts
band
Capital Numbers Infotech IPO: Check key dates, subscription, price band and other details
Capital Numbers Infotech IPO kicks-off from today as the company plans to raise around Rs 169 crore through the public offer. The issue includes a fresh equity sale worth Rs 85 crore and an offer for sale (OFS) of 32.2 lakh shares. In the IPO, qualified institutional buyers (QIB) will have about 50% of the shares reserved for them, while retail and non-institutional investors have to bid in the categories that have a reservation of 35% and 15%, respectively.
20.01 / 02:57
20.01 / 02:33
Provident
Digital
Aware
Sustainability
Rhythm
Research
Updates
Want a productivity tip? Forget apps and hacks
Subscribe to enjoy similar stories. In a recent statement, L&T chairperson S.N. Subrahmanyan insisted on the necessity of a 90-hour workweek, sparking a whirlwind of criticism and prompting discussions about the ideal number of hours for work.
20.01 / 01:49
20.01 / 01:49
20.01 / 00:51
markets
FIVE
Digital
Manufacturing
economy
BlackRock
Trade
Indian equities not overly expensive, reflect growth prospects, says Ben Powell of BlackRock Investment Institute
Subscribe to enjoy similar stories. Indian equities are “not overly expensive, contrary to market consensus relying on traditional valuation metrics", according to Ben Powell of BlackRock Investment Institute. While India's large-cap stocks trade at 23 times their forward earnings, above historical averages, “we think this high P/E ratio reflects strong growth prospects", said Powell, chief Middle East, and APAC investment strategist at the research arm of the world's largest asset manager.
20.01 / 00:45
20.01 / 00:45
markets
Citi
Digital
Strategy
Metro
PAM
Sify
Sify earmarks $5 billion to expand data hubs, add AI ops and GPUs
Sify Technologies has earmarked $5 billion investment over the next five years to expand data centres, modernise internal systems with AI Ops, acquire GPUs and compete with large data centre and telecom incumbents, Raju Vegesna, its chairman and MD, said in an interview to ET. The company plans to build smaller AI inferencing facilities in 20 tier-II cities as India is expected to be among the largest markets of AI services and inferencing rather than training, Vegesna said who is helming the only Indian company listed on Nasdaq besides Infosys.
20.01 / 00:45
markets
UPS
Digital
President
Experts
country
Indian techies on the edge as Trump returns to office
Indian IT professionals in the US are jittery on the eve of Donald Trump's official oath of office as the 47th President of the United States on January 20. These are mostly in the entry to mid-level employees and are anxiously waiting for clarity on H1B visas and Green card policies to unfold with the new President taking charge, experts said.
20.01 / 00:45
markets
Digital
Aviat
Strategy
Mobile
Experts
PAM
IIT-Madras incubated ePlane receives DGCA certification for its e200X airtaxis
ePlane Company, an IIT-Madras-incubated startup, announced that it has received Type Certification for its e200X aircraft, which meets the highest safety and operational standards for commercial service. The Directorate General of Civil Aviation (DGCA) has granted formal acceptance for the Type Certification of its electric Vertical Take-Off and Landing (eVTOL) aircraft.
20.01 / 00:45
markets
COST
Digital
Progressive
security
Analysis
Trade
Digital Ops Embargo: Kotak Bank says most of the work is done
Kotak Mahindra Bank has indicated that the Reserve Bank of India (RBI) is reviewing the progress of its technology upgrades. The bank's management said that while it is in regular communication with the regulator, it cannot predict when the embargo on its digital ops would be lifted. «We are in constant touch with the RBI, we constantly give them updates and meet them, they do their own evaluation and this has been helpful,» Ashok Vaswani, managing director, Kotak Mahindra Bank, told analysts. «They (RBI) have provided us guidance. It's very hard to say at what stage the RBI will say we are going to lift you out of jail, I honestly don't know. Most of the work has been done.»
20.01 / 00:31
19.01 / 20:25
markets
Digital
Google
security
Strategy
Kirklands
PAM
Adani Group appoints 2 top US law firms to fight SEC charges
Adani Group has appointed US law firms Kirkland & Ellis and Quinn Emanuel Urquhart & Sullivan LLP among others amid civil and criminal cases filed by the Securities and Exchange Commission (SEC) and the Eastern District of New York, according to sources. They are among the world's largest litigation firms.
19.01 / 20:25
19.01 / 20:25
markets
COST
Digital
security
Strategy
Experts
PAM
Digital Edge DC in talks to raise ₹2,400 cr for Mumbai project
Digital Edge DC, a National Investment and Infrastructure Fund (NIIF)-backed entity to fund part of its data centre project in Navi Mumbai, indicating higher preference among lenders to fund secured assets.
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