Digital Financial News

09.01 / 09:05
markets Digital Strategy PAM social reports The new Tatas: How the GenNext is ascending at the Tata Group
Ratan Tata when his half-brother, Noel Naval Tata, filled his shoes and was appointed in October last year the chairman of Tata Trusts, the philanthropic arm of the Tata Group, broadly comprising Sir Ratan Tata Trust & Allied Trusts, and Sir Dorabji Tata Trust & Allied Trusts, which hold a controlling 66% stake in Tata Sons, the holding and promoter firm of Tata Group companies.
09.01 / 09:05
markets Citi Digital Career Strategy Sustainability reports Quick commerce leading the way in creating blue-collar jobs, says report
quick commerce sector alone set to create half a million new jobs, according to a report by Indeed, a global job matching and hiring platform, based on a survey. The report suggests a shift in India’s blue-collar job market. Tier 1 cities such as Chennai, Pune, Bangalore, Mumbai, and Delhi are seeing significant hiring activity as quick commerce expands. Notably, tier 2 cities like Chandigarh and Ahmedabad are also experiencing a rise in job creation, reflecting the growing reach of quick commerce into emerging urban centres.
09.01 / 09:05
markets Digital Platform Strategy PAM inclusion innovations Reserve Bank Innovation Hub, IIMA Ventures launch programme to foster women-centric fintech startups
Reserve Bank Innovation Hub and IIMA Ventures on Thursday launched Swanari TechSprint 3.0, a programme aimed at fostering women-centric fintech startups in India. The programme provides a platform for fintech innovators to conceptualise, develop, and scale solutions that address the unique financial needs of women.
09.01 / 04:49
markets Provident Digital Strategy Experts PAM Andhra CM Naidu calls review meeting today after six people killed in Tirupati stampede incident
Andhra Pradesh Chief Minister Chandrababu Naidu has called a review meeting on Thursday after six people were killed in the Tirupati stampede incident a day earlier, a Telugu Desam Party (TDP) spokesperson said.
09.01 / 01:43
markets Digital CEO Strategy wellness PAM social Fintech startup AtoB to open Bengaluru R&D centre, expand global footprint
fintech startup AtoB plans to open a research and development centre in Bengaluru to power its growing global operations, cofounder and CEO Vignan Velivela told ET.
09.01 / 01:43
markets Digital Strategy community PAM social Features What is Community Notes and how does it differ from content moderation?
Social media giant Meta, the parent company of Facebook and Instagram, has announced the discontinuation of its third-party fact-checking programme in the United States, replacing it with the Community Notes feature. This new initiative, similar to the one used by Elon Musk-owned X, empowers users to add context to potentially misleading posts. Meta's founder, Mark Zuckerberg, shared the news in a video message on Tuesday.
09.01 / 01:43
markets Digital Strategy Experts PAM reports Zypp Electric eyeing $25-30 million more as part of ongoing round
Electric vehicle fleet management firm Zypp Electric is in advanced discussions to raise an additional $25-30 million from investors with led by asset management firm Nuvama Wealth, as a part of an ongoing funding round, people in the know said.
09.01 / 00:09
markets UPS Digital Aware Strategy PAM Cracker of an expansion: Nayara's $8 bn petrochemical plan
Rosneft-backed Nayara Energy is looking to invest ₹68,000 crore ($8 billion) to set up a 1.5 million tonne per annum (mtpa) ethane cracker at its 20 mtpa refinery at Vadinar in Gujarat, according to people aware of the development.
09.01 / 00:09
markets Digital Manufacturing Strategy Experts RAI PAM Mid-tier businesses turn to private credit funds amid slowed bank lending
Himadri Speciality Chemical Ltd, the Ramco Group family, and Gharda Chemicals are among scores of mid-tier businesses, primarily into manufacturing or process-based industries, that are using credit funds to raise resources as bank credit slowed due to a crunch in garnering deposits amid visibly tepid growth for long-term debt plans in the mutual funds industry.
08.01 / 18:59
markets COST Digital CEO Strategy PAM ChatGPT owner OpenAI is losing money like anything and this is its biggest problem
OpenAI is actually facing some significant financial challenges as OpenAI CEO Sam Altman revealed that the company is currently losing money on its $200 per month ChatGPT Pro subscriptions, reported Futurism.
08.01 / 18:59
markets Digital Strategy film PAM Sporting Upbeat on Bollywood, RSVP plans to raise production budget
Ronnie Screwvala's RSVP Movies plans to make a contrarian move by enhancing its ₹200-250 crore annual production budget to grow its content pipeline at a time when Bollywood is battling a downturn in box office performance, worsening the risk-return ratio.
08.01 / 18:59
markets Digital security Strategy Experts PAM reports Tech, climate to shape jobs in India by 2030: WEF report
digital access, geopolitical tensions and climate-mitigation efforts are the primary factors that will shape the future of jobs in India by 2030, according to a report by the World Economic Forum (WEF) released Wednesday.
08.01 / 18:59
markets Digital Strategy Hallmark PAM social 18-carat is new gold standard for young buyers
22-carat gold, which has traditionally been used in India for making jewellery.
08.01 / 18:55
markets COST Digital Strategy Experts PAM Banks, dealers want RBI to act on the liquidity front
Banks and primary dealers are urging the Reserve Bank of India (RBI) to inject liquidity into the market through foreign exchange swaps or open market operations (OMOs) during its upcoming policy meeting on February 7, as system liquidity has logged a deficit since mid-December.
08.01 / 18:55
markets Digital Strategy Experts PAM show New registration of insolvency professionals on downhill trek
bankruptcy resolutions, have been dwindling almost steadily since scaling a peak in 2017-18, presenting a new challenge for authorities amid bid to cut delays in the rescue of stressed firms.
08.01 / 18:55
markets Digital Strategy awards Experts PAM Power generation capacity for next 2 years to be reassessed
power generation capacity for the next two fiscal years including battery energy storage systems, people familiar with the development told ET. The move is aimed at ensuring readiness to meet rising peak power demand.

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