Digital Financial News
20.01 / 04:49
markets
Provident
Digital
Manufacturing
security
Trade
Diversity
week
HFCL shares gain over 8%, hit new 52-week high on ₹623 crore order win
HFCL (Himachal Futuristic Communications Limited), a company with diverse operations in telecom infrastructure, saw its shares jump 8.52% in today's early trade, touching a new 52-week high of ₹96.10 apiece following the company's announcement of a strong order win. On Friday, the company said it secured an order worth ₹623 crore for the supply of indigenously manufactured Telecom Networking Equipment for the 5G network of one of the domestic telecom service provider.
20.01 / 03:33
Provident
Binance
Digital
Platform
Strategy
wellness
Features
Can CoinDepo Service Compete with Binance Simple Earn and Nexo Earn?
CoinDepo emerged as one of the latest and most promising additions to the decentralized finance sector. Can it compete with established champions such as Binance Simple Earn and Nexo Earn Interest products? It absolutely can, but let’s see how.
20.01 / 03:25
UPS
Digital
Strategy
Sustainability
wellness
President
International
Walt Disney and Mahindra officials join USISPF Board of Directors
Walt Disney and Mahindra group officials have joined the Board of Directors of US India Strategic and Partnership Forum, which the organisation said is testimony to the success story of American companies in India and a growing presence of Indian conglomerates in the US. The two officials are Dorothy Attwood, senior vice president of Global Legal, Policy and Compliance for The Walt Disney Company, and Amarjyoti (Amar) Barua, Executive Vice President (EVP) of Group Strategy at the Mahindra Group to the Board of Directors, the US India Strategic and Partnership Forum (USISPF) said in an announcement. Attwood, in her current role, is responsible for the company's international legal and government affairs functions around the world, outside of the US, and leads strategic public policy initiatives as well as ESG and Sustainability globally across all business segments.
20.01 / 02:53
Digital
Entertainment
Enterprise
Sony
show
country
reports
Stocks to Watch: Reliance Industries, ICICI Bank, HUL, Paytm
Reliance Industries: The company reported its December quarter results along expected lines. Its telecom and retail segments contributed significantly to revenue and EBITDA, while oil-to-chemicals revenue declined on lower price realisation led by a decline in average Brent crude oil prices, the company stated in exchange filings. Its consolidated PAT for Q3FY24 rose 10.9 % year-on-year (YoY) to ₹19,641 crore, compared to PAT of ₹17,706 crore (adjusted to reflect the demerger of the financial services business), in the same quarter last year.
20.01 / 02:33
UPS
Digital
security
reports
Schools
elon
Elon Musk's AI company secures $500 million toward $1 billion funding goal: report
Elon Musk's artificial intelligence (AI) company, xAI, has secured $500 million in commitments from investors toward a $1 billion goal, Bloomberg News reported on Friday. The artificial intelligence (AI) startup xAI is discussing a valuation of $15 billion to $20 billion, though terms could still change in the coming weeks, the report added, citing people familiar with the matter.
20.01 / 02:33
Target
Digital
Platform
Nov
Research
Schools
Investigations
Microsoft says it was hacked by Russian state-sponsored group
Microsoft said on Friday that a Russian state-sponsored group hacked into its corporate systems on Jan. 12 and stole some emails and documents from its staffs' accounts. A Russian hacking group known in the cybersecurity industry as Nobelium, or Midnight Blizzard, used a «password spray attack» starting in Nov. 2023 to breach a Microsoft platform, the company said in a blog. Hackers use this technique to infiltrate a company's systems by using the same password across multiple accounts.
19.01 / 21:25
markets
COST
UPS
Digital
Platform
President
Traffic
Solid Q3 growth for Jio
₹5,208 crore, was also up 3% sequentially from Q2FY24; and revenues, at ₹25,368 crore, were up 2.5% over the previous quarter. Brokerages such as BofA, ICICI Securities and JM Financial had estimated revenue increase to be around 2.3-3% sequentially and about 10% on-year, while net profit was estimated to grow around 2.7-3.8% and 12%, respectively. The telecom carrier’s average revenue per user (APRU) remained flat at ₹181.7 sequentially, missing estimates of a rise to ₹183.
19.01 / 21:25
UPS
Digital
Platform
Entertainment
performer
reports
Digital, retail show there's life beyond O2C for RIL
₹19,641 crore, as newer businesses found their feet. RIL’s profit beat the Bloomberg estimate of ₹18,080 crore, but weakness in the core oil-to-chemical (O2C) business is proving to be a headache for the Mukesh Ambani-led conglomerate. “Reliance’s O2C segment quarterly revenue fell 2.4% y-o-y to ₹1,41,096 crore primarily on account of lower price realization led by 5.3% y-o-y decline in average Brent crude oil prices," the company said in a statement.
19.01 / 17:51
markets
FIVE
Digital
SEC
Bitcoin
Bitcoin Etf
country
Bitcoin Already Tops Silver In U.S. ETF Market After SEC Approvals
The moment U.S. Bitcoin (BTC) spot ETFs went live last Thursday, they quietly achieved a major feat.
19.01 / 17:45
markets
Digital
CEO
Strategy
consequences
patient
Interviews
Alibaba, PayPal Have Lost 80% Since 2021: Falling Knives or Undervalued Gems?
Navigating the stock market demands patience, and while the emphasis is often on the long-term and buy-and-hold approach, it's essential to note that being patient doesn't equate to being a passive investor. Quite the contrary.
19.01 / 15:25
UPS
Digital
Waters
performer
stars
Features
Republic Day Sale: Up to 44% off on front load washing machines under ₹40000
₹40,000. Front load washing machines, known for their efficiency and superior cleaning capabilities, are now within reach thanks to these exceptional deals. Perfect for households looking for high-performance laundry solutions without breaking the bank, these machines offer a variety of advanced features like multiple wash programs, energy-efficient operations, and gentle fabric care.
19.01 / 15:25
UPS
Digital
band
track
Features
Amazon Republic Day Sale: Activity trackers on discount, get up to 62% off
Amazon Republic Day Sale. From step counting to heart rate monitoring and sleep tracking, there's something for everyone in the world of activity trackers. Gift yourself good health - pick the best activity tracker now.
19.01 / 15:25
markets
Digital
Platform
track
Who moved my onions? Govt plans digital platform to keep track
banned onion exports after the imposition of a minimum export price of $800 per tonne did not serve the purpose of discouraging sales to overseas markets. Though the price of onion has eased in recent days the government is on watch to not let it increase due to the tightness in supply.
19.01 / 15:25
UPS
FIVE
Digital
Platform
Mobile
Experts
reports
Reliance Q3 Results Highlights: Jio, Retail shine; O2C revenue declines; 5 key highlights from RIL Q3 earnings
₹19,641 crore. In the same quarter last year, the company's PAT was ₹17,706 crore (adjusted to reflect the demerger of the financial services business). The company's gross revenue rose by 3.2 per cent YoY to ₹2,48,160 crore led by continued growth momentum in consumer businesses.
19.01 / 14:21
Digital
CEO
Mobile
Align
Pride
innovations
Senco becomes first Indian jewellery brand to join ONDC Network
Senco Gold & Diamonds on Friday announced that it has become the first Indian jewellery brand to join Open Network for Digital Commerce (ONDC) Network. Through this maiden integration, Senco Gold and Diamonds extensive catalogue will be available across various shopping apps within the expanding ONDC Network, facilitating smooth and efficient transactions. The move will strengthen Senco's presence across ONDC seller apps.
19.01 / 14:21
UPS
Provident
Digital
SLB
reports
International
Oilfield services giant SLB tops profit estimates amid overseas business strength
Investing.com — Oilfield services giant SLB (NYSE:SLB) has reported fourth-quarter profit that topped analyst estimates and bumped up its dividend.
19.01 / 13:48
IPO
Digital
Analysis
Experts
reports
Schools
Profiles
Startups scouting for CFOs amid IPO, profitability push
More than 40% of all CFO searches done by Korn Ferry in recent times were around new age companies that are planning to get listed, said Rahul Kakkar, partner and India head, CFO Practice, at the leadership advisory and senior executive search firm.
19.01 / 13:46
UPS
Digital
Mobile
Food
stage
Schools
International
week
ETtech Deals Digest: Startup funding down 80% to $144 million this week
Indian startups dropped about 80% on year this week, totalling $143.9 million across 26 different deals. Companies, across seed, early and late stages, had raised about $722 million in 30 rounds in the period from January 13 to 19 last year, as per data from Tracxn.
19.01 / 13:09
Provident
Digital
Platform
Netflix
show
reports
Videos
Non-fiction new OTT favourite, draws eyeballs and adverts
₹2 crore per episode, making non-fiction shows a more cost-effective proposition," a recent Ormax report said. In general, reality shows have a higher new user-to-returning user ratio compared to fiction, owing to their wider appeal and limited supply of non-fiction shows on OTT, Ormax said. Further, they provide more avenues from an advertising revenue perspective, due to brand integration and sponsorship possibilities.
19.01 / 13:09
Provident
Digital
Assurant
Software
Enterprise
community
innovations
Top 10+ Artificial Intelligence (AI) Development Companies in India 2024
1. Hyperlink InfoSystem Hyperlink InfoSystem, a renowned AI development company, delivering simple solutions to complex business problems since 2011. Hyperlink InfoSystem team is most recognized for its custom development services, which cover everything from the creation of intelligent IoT solutions to app development.
19.01 / 12:57
markets
Binance
Digital
SEC
security
Courts
Judge to Address in Binance Case: Are Cryptocurrencies Securities Under U.S. Law?
The ongoing legal battle between the US Securities and Exchange Commission (SEC) and Binance has taken a new turn after the federal judge in the case ordered a court review on the classification of digital assets as securities.
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