Digital Financial News

In this article series, we spotlight the trailblazing leaders who are driving change and redefining leadership in India, setting the stage for the country's business landscape in 2024 and beyond. Here’s the first part: 1. Deuex Solutions Private Limited

The assets under management (AUM) of equity mutual funds has surged by 2.04% sequentially to Rs 25.64 lakh crore in August from Rs 25.12 lakh crore in July (excluding Sectoral / Thematic Funds), according to a study by PL Wealth Management.

food inflation, State Bank of India (SBI) chairman C S Setty has said. The US Federal Reserve's first cut in interest rates in more than four years is expected soon, triggering central banks in other economies to follow suit. «On the rate front, a lot of central banks are taking independent calls. While Fed rate cut would influence everyone, RBI would be mindful of the food inflation before taking a call on interest rate cut,» Setty, who took over the reins of the bank recently, told PTI in an interview. «That is what our view is, and our view is also that the rate cut during the current calendar year may not happen, probably we may have to wait for Q4 (January-March 2025) unless there is a good improvement in terms of food inflation,» he said.

Tata Consultancy Services (TCS) has entered the fast-food industry in Asia Pacific (APAC), signing a two-year partnership with the master franchise holder of McDonald's in the Philippines George Yang-led Golden Arches Development Corporation (GADC). The financial details of the deal were not disclosed. This partnership, which is TCS’ first with the fast-food chain in the APAC region, aims to standardize and digitize the IT operations for 760+ McDonald’s restaurants in the Philippines,” TCS informed in a regulatory filing. The Tata group’s largest technology subsidiary will upgrade the current systems of GADC to the cloud to standardise and digitise operations for the fast-food chain.

Baroda BNP Paribas Multicap Fund has completed 21 years and crossed Rs 2,500 crore assets under management (AUM). The fund is an open ended equity scheme investing across large cap, mid-cap and small cap stocks. In the last one year, the scheme has offered 47.22% return against 41.01% by its benchmark (Nifty 500 Multicap 50:25:25 — TRI). The scheme gave 20.99% return in the last three years against 21.04% by the benchmark. Since its inception, the Baroda BNP Paribas Multicap Fund has offered 17.51% return. A monthly SIP of Rs 10,000 made in this fund since the inception would have turned Rs 1.58 crore.

UK on Wednesday launched a major drive urging all immigrants across the country, including Indians, who are using a physical immigration document to take immediate action to transition to an eVisa. As part of plans to fully digitise the UK border and immigration system, all those using a physical biometric residence permit (BRP), a passport containing a visa vignette sticker or ink stamp confirming their “indefinite leave to enter/remain” in the country, or biometric residence card (BRC) as evidence of their immigration rights will be switched over to an entirely online system by next year. A majority of the BRPs are set to expire towards the end of this year and are being automatically transitioned online in phases to be accessed by creating and logging into a UK Visas and Immigration (UKVI) online account.

Deepika Padukone has purchased a premium apartment in Mumbai suburb Bandra West for Rs 17.8 crore. She has bought the apartment on the 15th floor of Sagar Resham co-operative society on Bandstand locality through her company KA Enterprises. The deal was registered on September 12, showed documents accessed through Zapkey.com

Redseer Strategy Consultants reveals that the B2B kirana market, which has long relied on fragmented, traditional trade-distribution models, is embracing digital innovation through eB2B (ecommerce-led Business to Business) platforms, fueling rapid growth and operational efficiency in the sector. The report, titled ‘B2B e-commerce Opportunity in India’, outlines how the rise of digital solutions is reshaping the market, which has historically faced challenges. Kirana stores, especially in remote and rural regions, are increasingly turning to eB2B platforms for better procurement management, access to formal credit, and superior customer service. The study also highlights how udaan, India’s leading eB2B platform, has solidified its position as the preferred partner for kirana stores in Bengaluru and Hyderabad, significantly outpacing other competitors in the market. The findings highlight udaan’s remarkable growth, capturing a significant market share and continuing to expand and strengthen its position, while other eB2B players have been in decline.

Google has won a court challenge against a 1.49 billion euro European Union antitrust fine imposed five years ago that targeted its online advertising business

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

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Till 9 am, the overall voter turnout across seven districts is at 11.1%. Read More: Jammu and Kashmir Election Live Updates

This is an AI-generated live blog and has not been edited by LiveMint staff. Bank Nifty Share Price Today Live Updates: The NIFTY PSE at (0.51%), NIFTY Financial Services 25/50 at (0.42%) & NIFTY200 Momentum 30 at (0.35%) are currently the top performing sectors among the Sectoral Indices. While NIFTY IT at (-1.58%), NIFTY India Digital at (-1.58%), NIFTY50 Value 20 at (-0.45%) are currently the low performing sectors Bank Nifty Share Price Today Live Updates: The Bank Nifty opened at 52177.1 (-0.02%) , -11.55 points lower than the previous closing.

This is an AI-generated live blog and has not been edited by LiveMint staff. Nifty 50 Share Price Today Live Updates: The NIFTY PSE at (0.51%), NIFTY Financial Services 25/50 at (0.42%) & NIFTY200 Momentum 30 at (0.35%) are currently the top performing sectors among the Sectoral Indices. While NIFTY IT at (-1.58%), NIFTY India Digital at (-1.58%), NIFTY50 Value 20 at (-0.45%) are currently the low performing sectors Nifty 50 Share Price Today Live Updates: The Nifty 50 opened at 25402.4 (-0.06%) , -16.15 points lower than the previous closing.

Subscribe to enjoy similar stories. Ashish Kacholia, ace investor and director of Lucky Investment Managers Pvt Ltd, recently walked away from five stocks. If you are an investor in the Indian stock markets, chances are you've heard of him.

European Union's imposition of tariffs on electric vehicles (EV) will «seriously interfere» with trade and investment cooperation and hurt both China and Germany. In talks on Tuesday with German Vice Chancellor and Economic Minister Robert Habeck, Wang Wentao said he hoped to reach a solution in line with World Trade Organisation rules as soon as possible, and avoid the escalation of China-EU economic and trade frictions, according to a statement released by China's Ministry of Commerce early on Wednesday. The European Commission is on the verge of proposing final tariffs of up to 35.3% on EVs built in China, on top of the EU's standard 10% car import duty.

Jammu and Kashmir, officials conducted mock polls at various polling booths across Union Territory. Preparations and mock polls are underway in various polling booths across Jammu and Kashmir, including Banihal, Kishtwar, and Jagti Assembly constituencies. Presiding Officer of Lachh Khazana-B, FCI Store Kuleed Polling station Number 75, Ashukta Shaheen, said "Mock polling has been completed. All the preparations have been done. The voters can come and cast their votes after 7 AM..."

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.

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.