Digital Financial News

Electric two-wheeler market leader Ola Electric has engaged EY India for a “service transformation” amid mounting after-sales service issues, a barrage of consumer complaints and declining sales volumes, multiple people aware of the development said. The global consulting services firm is likely to advise the Bhavesh Aggarwal-run startup on a whole host of service-related aspects of the business, from streamlining business processes to stocking and inventory management of spare parts, they said. An email sent to an Ola Electric spokesperson remained unanswered until press time Tuesday.

Edtech unicorn Upgrad cofounder and managing director Mayank Kumar has stepped down from his executive role to start a new venture, sources briefed on the matter said. Starting this month, he has significantly reduced an operating role at the Mumbai-based firm while pitching to investors for his new startup which is focused on placing skilled Indian labour abroad—especially in healthcare. Coinciding with his departure is the company’s founder and chairman Ronnie Screwvala taking a more active role at the firm, these people said. Temasek-backed Upgrad is also in the final stages of closing $50-$60 million in funding from existing investors at a flat valuation of $2.25 billion, people in the know told ET. Screwvala holds 44% stake in the company, while Kumar has 8% and there are no changes in the shareholding pattern because of Kumar’s departure from the company.

These 'non-major' ports will supplement India's plans to increase total handling capacity by four times to 10,000 million tonnes per annum (mtpa) by 2047. Gujarat aims to develop integrated port cities with an estimated investment of Rs 1.5 lakh crore, said the people cited above. Andhra Pradesh envisages an investment of Rs 50,000 crore in the ports sector till 2050.

Justin Bieber has been reportedly distancing himself from close friends and is now isolated. Page Six reports that, he feels betrayed by those around him. Perhaps it is clear that the pop teen icon's inner circle did not do much to keep him under wraps when he was first struggling. The childhood rebellions that have haunted Justin Bieber till date have made him question all his previous choices and relationships.

Donald Trump has refused to say whether he's spoken with Russian President Vladimir Putin since leaving office, as reported in journalist Bob Woodward's latest book. But if the two did speak, Trump said, it would be “a smart thing” for the United States. Trump, the Republican presidential nominee, was pressed on his communication with the Russian president during a wide-ranging — and sometimes contentious — interview with Bloomberg editor-in-chief John Micklethwait at the Economic Club of Chicago. Woodward reports in his book “War” that Trump has had as many as seven private phone calls with Putin since leaving the White House and secretly sent the Russian president COVID-19 test machines during the height of the pandemic. A Trump campaign spokesperson previously denied the report. During Tuesday's interview, Micklethwait posed the question to Trump directly: «Can you say yes or no whether you have talked to Vladimir Putin since you stopped being president?

US elections set to begin in a matter of days now, with the campaign having reached the last leg, Donald Trump and Kamala Harris, both would be looking at staying away from controversy as much as they can. However, it looks like trouble does seem to find them at odd times, and this time it is Harris at the receiving end.

Harvey Hunter is a Junior Content Creator at Cryptonews.com. With a background in Computer Science, IT, and Mathematics, he seamlessly transitioned from tech geek to crypto journalist.

Jyotiraditya Scindia on Tuesday visited Ericsson's booth at the ongoing India Mobile Congress, and shared a post on X about Rocky, the company's 5G-powered robotic dog that assists authorities with efficient emergency response. By sending alerts in time, the robotic dog can help authorities deal with emergency situations like fire outbreaks. «Meet my new friend Rocky, Ericsson's 5G-powered robotic dog that assists with efficient emergency response. By sending alerts in time, it can help authorities deal with emergency situations like fire outbreaks,» Scindia said in a post on X (formerly Twitter). Scindia was given a demonstration of the 5G-powered robotic dog, as officials at Ericsson booth explained its functionality. The Minister then patted Rocky, after the demonstration.

North Tripura District for three days after communal tensions flared up at Pekucherra on Tuesday after a Shiva temple and a mosque were vandalised. A police official said that a large contingent of security forces including Tripura State Rifles were deployed after the unrest started late on Monday night when “unknown miscreants’ damaged a Shiva temple at Pekucherra. He said in retaliation, a group of people vandalised a mosque causing serious tension in the entire mixed populated areas.

Election Commission of India announced on Tuesday. All 288 assembly seats in Maharashtra will vote in a single phase like in 2019. The western part of Jharkhand (81 seats) will go to polls on November 13 while other areas will vote in the second phase on November 20. Jharkhand had seen a 5-phase polling in 2019. Alongside, bypolls will be held in 48 assembly constituencies and two parliamentary seats.

One Piece Chapter 1130 will be released on October 20, 2024. The chapter is titled Cursed Prince.

Subscribe to enjoy similar stories. MUMBAI: India's Generation Z of 377 million people is rapidly redefining the consumer landscape with its growing economic power, a new report said. Snap Inc.’s latest report on people between born between 1997 and 2012, developed in partnership with Boston Consulting Group (BCG), said the category currently drives $860 billion in consumer spending—and this is projected to reach a staggering $2 trillion by 2035.

Hongji is a crypto and tech reporter. He graduated from Northwestern University's Medill School of Journalism with a Bachelor's and a Master's. He has previously interned at HTX (Huobi Global),...

Julia is an experienced editor with a passion for covering a wide variety of beats. She loves all things politics and regularly covers regulatory updates on emerging technology here for Crypto News.

Subscribe to enjoy similar stories. New Delhi/Bengaluru: They are worlds apart, but both Radhakishan Damani and Mohammed Shafiq find themselves battling a common enemy today. Avenue Supermarts, Damani’s food and grocery retail chain, which operates nationwide, and City Food Point, Shafiq’s small convenience store in Bengaluru’s upscale Indiranagar neighbourhood, are under siege from quick commerce, a retail channel that came into its own during the covid pandemic.

Jake Paul and Mike Tyson was originally scheduled to take place on July 20 but was eventually postponed due to Mike Tyson’s suffering from a sudden ulcer flare up which required him to pause training and take rest. According to USA Today Sports, the boxing bout between Mike Tyson and Jake Paul will consist of eight two minute rounds and has been sanctioned as a professional fight by the Texas Department of Licensing and Regulation. The most anticipated boxing match will be streamed on Netflix exclusively which will start from 8pm (ET). Also Read: No end in sight: Sean Diddy Combs faces new assault cases spanning from 1995 to 2021

Nitin Gadkari, on Tuesday, chaired a review meeting with representatives of the Society of Indian Automobile Manufacturers (Siam) to discuss the readiness of the automobile industry for ethanol and flex fuels. Discussions were held on readiness of the industry to launch flex engine vehicles that can run on ethanol in the coming months, the ministry said in a tweet after the meeting. “Minister Gadkari also engaged in an insightful discussion on how a shift to biofuels from fossil fuels will aid India in being #AtmaNirbhar (self-reliant), reduce pollution and annual import of fossil fuels, and helps consumers receive fuels at lesser price, all while benefiting our farmers,” it said.

US Election Day, the latest polls indicate that the race between Vice President Kamala Harris and former President Donald Trump is closing. A set of three national polls is bringing out Trump's momentum, though Harris' success is fading away. The ABC News/Ipsos poll shows Harris leading 50 per cent-48 per cent, down from a six-point advantage, while the NBC News poll has the two candidates tied at 48 per cent, as per a report.

Associated Press reported that in this plan, Kamala Harris also has included one million forgivable loans of up to $20,000 for the entrepreneurs who belong to the Black community. It will also focus on helping the people who lack resources and connection while starting their businesses. To add more, Kamala Harris also stressed on the matter of the legalization of marijuana at the federal level which will ensure that these people are able to access opportunities in the industry of cannabis Also Read: Is Mike Tyson still planning to fight Jake Paul? Date, streaming, venue, tickets and all you need to know

assembly constituencies in West Bengal will be going for by-polls on November 13 this year. These six constituencies, which will go to by-polls, are Sitai in Cooch Behar district, Madarihat in Alipurduar district, Naihati and Haroa in North 24 Parganas, Medinipur in West Midnapore district and Taldangra in Bankura district. All these six constituencies are going for by-polls as their former MLAs have fought Lok Sabha elections and got elected in 2024 general elections. Manoj Tigga, former BJP legislator from Madarihat, and chief whip of BJP’s legislative party in the West Bengal assembly, got elected as a Lok Sabha member from Alipurduar constituency, vacating his seat. Former Trinamool Congress legislator from Sitai Jagadish Chandra Barma Basunia is currently the party’s Lok Sabha member from Cooch Behar constituency and thus the seat went vacant. Former Trinamool legislator from Naihati Partha Bhowmik got elected as Lok Sabha member from Barrackpore.

heavy rainfall from the northeast monsoon. Rajinikanth’s luxurious villa in the posh locality of Poes Garden, a landmark in the city, has been inundated. The incessant rains have led to water entering the premises, with visuals on social media showcasing the flooding. This situation has arisen as the intensity of the downpour has overwhelmed the city’s drainage system.