Digital Financial News

12.01 / 14:15

Target Digital economy Parke Experts Universities country Kerala to bring in policy to emerge as AVGC-XR hub; targets creating 50,000 jobs by 2029

Kerala Government has proposed to come out with a comprehensive policy on AVGC-XR (Animation, Visual Effects, Gaming and Comics and Extended Reality), a cutting-edge technology domain with immense potential for the state to emerge as a knowledge-based economy. The draft AVGC-XR policy will be put out in the public domain to elicit views and suggestions from the public, including experts, professionals and investors, before it is finalised, the Kerala Startup Mission said in a statement on Friday.

12.01 / 13:59

Art Digital film Celebrity cover audience International Aribam Syam Sharma's "Ishanou" set to grace New York's Museum of Modern Art festival

Aribam Syam Sharma's masterpiece, "Ishanou", is all set to grace the prestigious Museum of Modern Art (MoMA) 'To Save and Project Festival' in New York this month. Manipur State Film Development Society achieves international acclaim with the restoration of Aribam Syam Sharma's masterpiece, «Ishanou» (1990).

12.01 / 13:03

UPS Digital Entertainment Software reports HCL Tech Q3 Results: Net profit rises 6% YoY to Rs 4,350 crore, beats estimates

HCL Tech on Friday reported that its consolidated net profit rose 6% year-on-year to Rs 4,350 crore for the quarter ended December 2023. It was Rs 4,096 crore in the year-ago period.

12.01 / 13:03

FIVE Digital Aviat Airlines Boeing performer country Indamer & AAR to double MRO capacity in five years

Indamer Aviation, one of the largest maintenance and repair organisation in the country is planning to double its capacity within five years. Indamer which has a 60:40 joint venture with US based aviation services and aftermarkets major AAR Corp, will invest around Rs 550 crore for the expansion, Prajay Patel director at Indamer group. " Currently we have four hangars. In the second phase of expansion we will have 10 hangars.

12.01 / 12:39

Digital Citizens Sustainability cover tenor innovations SBI launches special fixed deposit (FD) scheme: Ten things to know about SBI Green Rupee Term Deposit (SGRTD)

State Bank of India (SBI), the country’s largest Bank has launched a special fixed deposit (FD) scheme. SBI Green Rupee Term Deposit (SGRTD) has been launched to mobilise funds to support environment-friendly initiatives and projects, thereby fostering the growth of a green finance ecosystem in India, as per the release shared by the bank

12.01 / 12:31

Digital CEO wellness Trade reports Q4 Bank of America slips on Q4 revenue miss

Bank of America (BAC) reported fourth-quarter revenue figures that trailed analyst estimates, causing shares to fall more than 4% in the premarket.

12.01 / 12:09

markets Digital ETF JPMorgan BlackRock Bitcoin Spot ETFs Spot Bitcoin ETFs Poised for $36 Billion Influx, JPMorgan Highlights Rotational Capital Movement

Contrary to expectations of a massive influx of fresh capital, JPMorgan analysts suggest that spot Bitcoin (BTC) ETFs may experience up to $36 billion in inflows redirected from existing cryptocurrency instruments.

12.01 / 11:33

markets UPS Provident Digital economy country rights 2024 budget 2024 Interim Budget 2024 unlikely to be inflationary, says RBI Governor Shaktikanta Das

Shaktikanta Das: At the moment, the Indian banking sector remains resilient and robust, even if you look at the unsecured consumer loans and some segments of personal loans. The numbers that we have before us are not particularly alarming.

12.01 / 11:27

markets UPS Provident Digital Platform Schools Edtech startup Simplilearn rejigs top leadership with two new appointments

Edtech platform Simplilearn on Friday announced new appointments in its senior management, with Mark Moran rejoining the company as chief marketing officer, and Veerasundar V assuming the post of chief financial officer, in a bid to scale up operations. Moran, a marketing veteran, served as the CMO at Simplilearn from 2015 to 2022. Veerasundar has a background in financial management, leading fundraises, overseeing IPO listings and providing exit to private equity firms, among other responsibilities.

12.01 / 11:13

UPS Digital security Browser wellness Experts rights Cybersecurity – expert views on how to shelter your portfolio

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12.01 / 10:19

markets Ethereum Digital ETF CEO Platform Bitcoin Monex Group to Acquire 3iQ, Boosting Crypto Business

The Japanese brokerage and financial services firm, Monex Group, has announced a significant move in the cryptocurrency sector. It plans to acquire a majority stake in 3iQ Digital Holdings, a Canadian digital asset investment fund manager. This acquisition is priced at $39.8 million, marking a pivotal moment for Monex Group in its journey to expand its crypto business.

12.01 / 10:19

markets Binance Digital Platform Trade Bitcoin Courts FTX Debtors' Filing Sets Controversial Valuations for Cryptocurrency Claims Post-Collapse

The aftermath of the FTX collapse continues to unfold with significant developments in the cryptocurrency world. In a notable move, FTX debtors have filed a proposal to determine a fair and reasonable value for user claims based on digital assets. This proposal was submitted on December 27, 2023, to the United States Bankruptcy Court for the District of Delaware. It suggests converting claims into dollar amounts pegged to crypto asset values as of November 11, 2022.

12.01 / 10:19

markets Blockchain Ethereum Digital security Bitcoin rights HIVE Digital Completes $28.75 Million Financing via Special Warrants to Bolster Bitcoin Mining

HIVE Digital Technologies Ltd., a prominent player in the blockchain and digital asset mining sector, has successfully closed a significant financing deal. On December 28, 2023, the company completed the sale of 5,750,000 special warrants, resulting in aggregate gross proceeds of approximately CAD $28.75 million. This marks a pivotal moment for HIVE, which focuses on Bitcoin mining and developing environmentally friendly data centers.

12.01 / 10:19

Digital Progressive Tether Action Trade Investigations Zhao Dong's Conviction Highlights China's Stance on Cryptocurrency and Foreign Exchange Regulation

The over-the-counter (OTC) cryptocurrency trading desk RenrenBit was founded by Zhao Dong, who is notoriously known as the «OTC King.» Zhao Dong was found guilty in China of the charges against him. In the context of China's increasing crackdown on criminal operations using cryptocurrencies, this conviction is a major event that has taken place. In the course of his actions, Zhao was involved in the facilitation of cryptocurrency and local currency trading, which is considered to be unlawful in the nation.

12.01 / 09:35

markets Target Digital wellness Schools D2C jewellery startup Salty raises Rs 5 crore in funding led by All in Capital, Anicut Capital

funding round led by All in Capital and Anicut Capital. Other strategic investors who participated were Suashish Diamonds, JK Group, among other angel investors. Founded in 2022 by Sonaal Goel, Twishaa Gupta, and Kanishka Garg, Salty targets the younger generation. The fresh funds will be used to expand workforce and launch a new product range, it said.

12.01 / 09:31

markets Digital Booking Platform wellness travelers rights EaseMyTrip aims to raise ₹1,000 cr by April, eyes acquisitions in non-air space

₹1,000 crore within the next 3-4 months in order to largely focus on inorganic growth of the company in businesses unrelated to aviation sector, co-founder Prashant Pitti told Mint. “This would be the first time the company would be taking any external capital. Till today, the company is bootstrapped.

12.01 / 09:31

markets Digital economy show Latin reports Updates Godrej Consumer Products says Argentine Peso devaluation to have negative mid-single digit impact on sales

Godrej Consumer Products said in a stock exchange filing on Friday. Also Read: Currency headwinds to spoil Godrej Consumer Products' Dec quarter show As per IndAS 29, all amounts need to be restated into the measuring unit current at the end of the reporting period by applying a general price index. As the Argentinian economy is facing hyperinflationary pressures, accounting regulations require the YTD Statement of Profit and Loss to be translated at the closing rate for presentation in Consolidated Financial Statements, it added.

12.01 / 09:31

Digital Entertainment DELL performer Features rights Amazon Republic Day sale: Laptop deals you can't miss during this sale season

Amazon's Great Republic Day sale, users can get heavy discounts on some of the best-performing laptops in the market right now. Whether you're looking for everyday computing performance or casual gaming, there's something for everyone in this list. Selecting the right laptop is crucial in the digital age, whether it is for work, study, or entertainment.

12.01 / 08:59

markets MET Digital Google Apple Qualcomm EU antitrust chief Margrethe Vestager meets Apple, Alphabet, and Qualcomm chiefs

EU antitrust chief Margrethe Vestager said she met with the chief executives of Apple, Alphabet and Qualcomm to discuss regulation and competition policy compliance, in posts on social media platform X on Friday. Last week, Vestager's communications adviser said she would speak to chief executives of Apple, Alphabet, Broadcom and Nvidia in the United States, focusing on European digital regulation including the Digital Markets Act (DMA) and competition policy.

12.01 / 08:29

Provident Digital Citizens Sustainability cover tenor innovations SBI launches green rupee fixed deposit (FD): Who can invest, interest rate, how to buy

12.01 / 08:05

markets Digital ETF Landmark security Trade Bitcoin Bitcoin Price Prediction: ETF Surge Boosts BTC to $46,000 Amid Dollar Fluctuations & Inflation

In the ever-evolving landscape of digital currencies, Bitcoin has once again captured the financial world’s attention. Amid a backdrop of significant market movements, Bitcoin is currently trading at $45,986, marking a decrease of 1.20 percent as of Friday. This recent fluctuation comes on the heels of landmark approvals for Bitcoin Exchange-Traded Funds (ETFs), which have catalyzed a surge in both trading activity and prices.

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