Digital Financial News

19.12 / 08:15
markets Digital Platform Software DISH Experts Courts TDSAT declines stay on DD Free Dish pay channel regulation, gives broadcasters two weeks to comply
TDSAT) has refused to grant a stay to broadcasters challenging the Telecom Regulatory Authority of India’s (TRAI) July 8 tariff regulation concerning pay channels on DD Free Dish. The tribunal has directed broadcasters to comply with the regulation by publishing a new Reference Interconnect Offer (RIO) within two weeks. The Indian Broadcasting and Digital Foundation (IBDF) approached TDSAT after the Supreme Court directed it to challenge the recent amendments to broadcast tariff regulations. Earlier, the Kerala High Court had dismissed IBDF’s petition, stating that TDSAT was the appropriate forum for the matter. The contentious regulation requires broadcasters to either make channels free across private distribution platforms if they are free on DD Free Dish or withdraw them from DD Free Dish to retain their pay channel status.
19.12 / 08:15
markets Provident Digital Manufacturing Software Enterprise Experts SanchiConnect and YourNest announces Rs 48 crore investment in 8 startups
SanchiConnect, a deeptech accelerator, in partnership with YourNest Venture Capital, on Thursday, announced an investment of Rs 48 crore for its DeepTech accelerator programme- Velocity Accelerator Program. The seven-month-long program has received 1,280 applications from 23 states and six Union Territories. Out of these, eight startups were selected for their disruptive potential across various sectors such as manufacturing, logistics, agriculture, healthcare, enterprise solutions, and artificial intelligence. The eight selected startups include Induz- which leverages AI tools to automate and unify large-scale enterprise data; LeanWorx which offers cloud-based productivity monitoring systems for the manufacturing sector; Think Metal has developed a compact, cost-effective 3D metal printer that delivers 10x faster production at half the cost; Presage Insights uses advanced AI for predictive analytics to improve decision-making across industries; Superfone is an app-based business phone number platform for SMBs, integrating telephony with business software; and CargoFL which employs AI-powered logistics solutions to optimise supply chains and improve operational efficiency.
19.12 / 06:23
markets UPS Digital Software Diversity inclusion innovations The new changing vibrant India presents huge opportunity for us: Diageo global HR director
Diageo is rolling out multiple initiatives to drive diversity and inclusion in India, says Caroline Rhodes, global HR director — learning and inclusion at the London-headquartered alcohol beverages company. On a recent visit to India, she talked to ET’s Brinda Sarkar about Diageo’s outlook towards inclusion and diversity, employee well-being and how critical India is in the context of global operations. Edited Excerpts: What are your growth plans for India? India is such a critical part of our business. We’re at about 1,400-odd corporate employees (in India), and an equal or so number in our manufacturing units across the country. Our product portfolio here is interesting because it’s not just the Diageo products we sell including Johnnie Walker, Tanqueray, Gordon’s, and Baileys, but also a large part of the United Spirits portfolio that we inherited. McDowell’s is the largest selling whiskey in the world, and with Royal Challenge there is the affiliation to the RCB men’s and women’s cricket teams.
19.12 / 06:19
COST Provident Digital Aware Platform track information Why you should track and monitor your investments
Management consultant, educator, and author Peter Drucker famously said, “If you can’t measure it, you can’t improve it." 
19.12 / 06:19
Target Digital Strategy cover recommendations How to build a ₹5 crore retirement corpus with ₹1.5 lakh monthly salary
My 35-year-old cousin earns ₹1.5 lakh per month and recently paid off their home loan. They invest ₹45,000 in mutual funds (Nippon Indian small cap, Mirae bluechip and PPFAS flexi-cap) monthly and ₹50,000 in the National Pension System yearly. What additional investments can help them build a ₹5 crore retirement corpus?
19.12 / 05:17
markets IPO Digital Analysis Research Trade Experts MobiKwik shares skyrocket 14%, rally extends to second day
One MobiKwik Systems skyrocketed 14% in early trading today to a high of Rs 605 on the BSE, having surged 37% in two days after posting strong listing gains on Wednesday. Meanwhile, from its upper price band of Rs 279, the stock has already posted returns of 117%. The shares of MobiKwik debuted on the exchanges with a premium of 58.5% on Wednesday.
19.12 / 04:07
markets Digital Strategy Software Freedom Celebrity Schools Goa Liberation Day 2024: Know the history, significance, and quotes to share with family and friends
Goa Liberation Day is celebrated every year on December 19 mark Goa's freedom from Portuguese rule in 1961. The liberation ended the struggle of freedom fighters against the 451 years of colonial rule. Goa became an integral part of India. The day celebrates the struggle, resilience, and fight of all freedom fighters who fought to achieve the freedom. On this day, various activities are organised in different schools and colleges such as speech competitions, drawing, poster making etc. to commemorate the day.
19.12 / 04:07
markets Digital trends Trade performer recommendations Updates Nifty 50 Today Live Updates: Nifty 50 opened at ₹23877.15
Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff. Nifty 50 Today Live Updates: The NIFTY GS 4 8 Yr at (0.02%), NIFTY GS 11 15 Yr at (-0.09%) & NIFTY GS 15 Yr Plus at (-0.12%) are currently the top performing sectors among the Sectoral Indices. While NIFTY Metal at (-2.19%), NIFTY India Digital at (-2.19%), NIFTY IT at (-2.11%) are currently the low performing sectors Nifty 50 Today Live Updates: The Nifty 50 opened at 23877.15 (-1.33%) , -321.7 points lower than the previous closing.
19.12 / 04:07
markets Digital Strategy Software Schools Courts Investigations CBI court grants bail to 3 arrested in Odisha bribery case
CBI court in Bhubaneswar granted conditional bail to three persons arrested in connection with a bribery case in Odisha. The court on Wednesday granted bail to Chanchal Mukherjee, group general manager of the CPSU Bridge and Roof Company (India) Limited, and contractors Santosh Moharana and Debadutta Mohapatra. The bail was granted by the court on the production of a bond of Rs 1 lakh and two sureties each, said advocate Subham Satpathy, one of the lawyers engaged by the accused persons. While granting bail, the court put a condition that the accused persons cannot leave Bhubaneswar without its permission. They will also not attempt to tamper with evidence and will cooperate with the investigation.
19.12 / 04:07
markets Digital Analysis trends performer Updates Bank Nifty Today Live Updates: Bank Nifty opened at ₹51428.45
Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff. Bank Nifty Today Live Updates: The NIFTY GS 4 8 Yr at (0.02%), NIFTY GS 11 15 Yr at (-0.09%) & NIFTY GS 15 Yr Plus at (-0.12%) are currently the top performing sectors among the Sectoral Indices. While NIFTY Metal at (-2.19%), NIFTY India Digital at (-2.19%), NIFTY IT at (-2.11%) are currently the low performing sectors Bank Nifty Today Live Updates: The Bank Nifty opened at 51428.45 (-1.36%) , -711.1 points lower than the previous closing.
19.12 / 04:07
markets Digital Strategy Software FIFA Experts Schools Real Madrid beats Pachuca in Intercontinental Cup final. Ancelotti wins record 15th title with club
Real Madrid beat Mexican team Pachuca 3-0 in the Intercontinental Cup final Wednesday, making Carlo Ancelotti the most decorated coach in the club's history. Ancelotti lifted his 15th title with the Spanish powerhouse, surpassing the 14 trophies that he and Miguel Munoz had won. Munoz coached the team in the 1960s and 70s. «Very happy, it's a triumph,» said the 65-year-old Ancelotti, who on Tuesday was named men's coach of the year at the FIFA's «The Best» awards. «We didn't get off to a good start but finished well, showing great attitude.» Kylian Mbappe, Rodrygo and Vinicius Junior scored a goal each as Madrid became the most successful club in the competition with four titles. It also won in 1960, 1998 and 2002.
19.12 / 01:07
Digital Citizens Enterprise Healthcare electronic information gatherings Maharashtra uses GenAI to boost welfare schemes
direct benefit transfer, healthcare schemes and grievance redressal for citizens, Parag Jain Nainutia, principal secretary — general administration (information & technology) at the state government, said at the ET Digital Transformation Dialogues panel discussion. “We are collating, collecting data, using the free flow of data within the state government and within the Government of India … Our idea is there should not be any responsibility on the citizen to submit the same document again and again.
19.12 / 01:07
markets Digital Platform security Software Trade reports An uphill task for new stockbrokers as Sebi cracks down on excessive speculative trades
Venture investors tracking this space mostly talk about the under penetration of the Indian equities market and the growth of the economy as the reasons for investing in new players, despite the known headwinds. Former Swiggy chief technology officer Dale Vaz and Kotak Securities senior executive Manish Jain launched Sahi earlier this month. The company secured $7 million in equity funding from Accel and Elevation Capital.
19.12 / 01:07
markets Digital security Software Enterprise Experts information 'AI will democratise tech, but data security is key'
There is, however, a hesitation over trust and safety around the use of AI, industry leaders said, and called for light-touch regulation to strike a balance between innovation and ethics. “In 2014, we started on the first wave of AI, which was predictive AI,” said Arundhati Bhattacharya, chairperson and chief executive for India at software firm Salesforce. “But it was not democratised. People who were experts or who
19.12 / 01:07
markets UPS Digital Aware Software travelers International P2P payments being evaluated for UPI One World: sources
UPI One World service, which foreign travellers in India use for Unified Payments Interface-based transactions at merchant locations, may be opened up for interpersonal transactions early next year, said two people aware of the deliberations. International travellers in India are allowed to use this mode of payment only for merchant transactions, but once the Reserve Bank of India (RBI) gives its nod for interpersonal transactions, they will be able to use this service to also pay small merchants, public transporters and tourist guides, among others. Currently, five players--Pine Labs, IDFC First Bank, Payworld, Transcorp and Cheq (operated by Trio Tech Solutions)--are enabled on UPI One World.
19.12 / 01:07
markets COST UPS Digital CEO Software Experts CXO pay in India inches close to that of US peers
global capability centres (GCCs) reward leadership with handsome base salaries, bonuses and stock options, executive search and hiring firms like EMA Partners, Insist Consulting, Michael Page, Randstad, Teamlease and Avsar said. While US CXO salaries have grown by 15% between 2020 and 2024, Indian counterparts have seen a rise of nearly 40% in the same period, according to data from recruitment firms. Although the difference between leadership remuneration is vast in absolute terms, when adjusted for purchasing power parity (PPP) and factors such as cost of living and inflation, the difference has narrowed, experts said.
19.12 / 01:07
markets Digital Manufacturing Software Experts innovations reports Deep-tech startups must explore alternative funding options, says VC report
Speciale Invest. The deep tech startups, however, need to consider alternative funding such as venture debt, asset financing, and project financing during their initial stages to address the science risk, the firm's founding partner Vishesh Rajaram told ET. Speciale has been investing in seed-stage startups, and GalaxEye Space, Agnikul Cosmos, ePlane Company, Uravu Labs and CynLr are some of the investee startups. The VC firm’s report titled 'India's Deep Tech Revolution' on the sector, which is slated for release on Thursday and accessed by ET, highlights that the global market share of funding in Indian deep tech startups (1.30%) is significantly lower than the overall funding available to Indian tech startups (3.86%) which needs to be encouraged. It also added that back home, Indian corporations are still warming up to the idea of innovation through deep-tech startups and are yet to see an acquisition of a deep-tech startup.
19.12 / 01:07
markets Provident Digital Software Experts PAM innovations Infosys invests Rs 426 crore in Kolkata AI facility
Infosys, country's second largest IT services giant, on Wednesday announced investment of Rs 426 crore for its new 320,000 square feet development centre in Kolkata. “This state-of-the-art facility with an investment of over Rs 426 crore is designed to accommodate over 4,000 employees in a hybrid working model,” the Bengaluru based company said in a statement. The centre will generate employment opportunities in next-gen technologies such as cloud and artificial intelligence (AI). «The centre will provide employees greater flexibility and enable them to work on new-age technologies such as cloud, AI, and digital, across a diverse range of industries, including manufacturing, logistics, financial services, energy & utilities,» the statement added.
19.12 / 00:31
markets Digital Software Trade Experts Is November trade data 'Gold standard'?
«On noticing the unusual surge, the DGCIS (Directorate General of Commercial Intelligence and Statistics) has taken up a detailed examination of the gold import data. Reconciliation of the data will be done, hopefully within this month,» a commerce and industry ministry official said on condition of anonymity. Trade data for November 2024 may undergo revision following the reconciliation. A trade expert, who did not wish to be identified, said details of imports can be cross-verified with bills of entry, forex outgo and import duty payment-all of which are well documented on the Electronics Data Interchange system.
19.12 / 00:31
markets UPS Digital Software country travelers Destinations Tourism boom to spur 24% annual growth for 5 years
The sector should grow 12-13% in 2025, he told ET in an interview on the sidelines of the 18th annual CII Tourism Summit. The minister said the government is working on several projects to spruce up tourism hubs and to create new ones.
19.12 / 00:31
markets IPO Digital Platform WhatsApp Research President MobiKwik, Vishal Mega and Sai Life make strong D-Street debuts
One MobiKwik Systems, Vishal Mega Mart and Sai Life Sciences made strong stock market debuts on Wednesday, even as the secondary market remained weaker during the day. All three companies listed at premiums of 18-58% and ended higher on Wednesday. The Sensex and Nifty fell nearly 0.6% each on Wednesday after sinking almost 1.3% the previous day. Digital banking platform One MobiKwik Systems listed at Rs 440, about a 57.7% premium to its IPO (initial public offering) price of Rs 279 per share. The stock advanced 20% further to close at the day's highest tradable limit of Rs 528.

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