Digital Financial News

₹25,000 price range. These refrigerators are designed to accommodate a variety of family demands while keeping costs in mind. There are several benefits associated with having two doors.

Reddit has officially renounced the contract of its cryptocurrency Moons, setting a milestone completing the decentralization of the token.

₹9,001 crore after selling shares worth ₹24,548 crore in October and ₹14,767 crore in September, data with the depositories showed. All except 2 stocks were in the green in the month of November. Only Bajaj Finance and SBI witnessed a decline in this period, while the remaining 48 stocks gave positive returns, mirroring the positive market sentiment.

Sonet facelift is set to showcase a refreshed exterior, and it is speculated that the brand will introduce some modifications to the interior as well. The teaser showcases the refreshed front fascia of the Sonet, featuring an updated design. Notably, the SUV will boast a new set of LED headlamps, accompanied by revised LED Daytime Running Lamps that extend vertically.

Persistent Systems has appointed four new executives to its top leadership as it aims to scale up its digital business operations after doubling its revenue to cross $1 billion revenue in March 2023. The Pune-based firm has hired former Wells Fargo executive Sumit Arora as Senior Vice President to help the firm set up and drive the Consulting practice.

pensioners across the country during the recently concluded special campaign, an official statement issued on Friday said. Union Minister of State for Personnel, Public Grievances and Pensions Jitendra Singh complimented the Department of Pension and Pensioners Welfare for the successful conclusion of the nationwide digital life certificates (DLCs) campaign 2.0 from November 1 to 30, it said.

Nilesh Shah, Founder & CEO, Envision Capital, says: “I still think bottom up, midcaps, smallcaps and emerging growth opportunities is the place to be. There are several sectors. There are talks of a recession in the US, but tier two IT companies will still do well. Some of the online businesses will do well. We have seen a couple of listings off late. That is clearly the space which will outperform. We think this is going to be India's decade. ” Markets have hit an all-time high, you have already started celebrating. I think it is a great day. What a way to end the week or what a way to get into the end of the year. It has been a fabulous year and the markets are reflecting the strength of the Indian economy and the kind of policies that we have been unleashing to foster that growth. A Balasubramanian is saying that SIP is the tip. How about a tip from you? No, the only tip is that be invested, keep the faith. We are on a long-term journey or a marathon of wealth creation. This is truly going to be India's decade. It has already started to be India's decade. We are facing a Goldilocks situation of high growth, moderating inflation. So probably the best tip is to be in the market, be invested, and keep investing more and more. Do not get too worried and bogged down by market levels.

Arun Dhumal, chairman of the Indian Premier League (IPL), said the cash-rich league's media rights value may reach a staggering $50 billion in the next 20 years. “If I have to see how it has gone over the last 15 years and if I have to go by estimates going forward, we are expecting media rights to go somewhere close to USD 50 billion by around 2043," Dhumal said at an event in Bengaluru.

Bitcoin, the trailblazing cryptocurrency, has recently witnessed a surge in its value, trading over  $38,000 with a over 0.50% increase on Friday. This spike is partially fueled by MicroStrategy’s strategic move to bolster its Bitcoin reserves, involving a substantial $750 million stock offering and a notable $593 million acquisition of Bitcoin.

Raymond has appointed Berjis Desai senior independent legal counsel to advise the board on affairs that lie outside their remit, the company said in a stock exchange filing. 'Independent directors have over the last few weeks been monitoring the situation so far as it affects the company and minority shareholders, and reiterate their commitment yo protect at all times tbe interest of non promoter shareholders, employees and stakeholders' tbe filing said.

Explore Wall Street's expert insights with this ProResearch article, which will exclusively be available to InvestingPro subscribers soon. Enhance your investment strategy with ProPicks, our newest product featuring strategies that have outperformed the S&P 500 by up to 700%. This Cyber Monday, enjoy up to 55% off, plus an extra 10% off a 2-year subscription with the code research23 , reserved for the first 500 quick subscribers. To ensure ongoing access to valuable content like this, step up your investment game with InvestingPro.

Reliance Industries Ltd and HDFC Bank Ltd have not contributed much and in fact their share prices are down 3-6% during the period however the top five gainers include Hero MotoCorp, Bharat Petroleum Corporation Ltd, Coal India Bajaj Auto and Eicher Motors. Hero MotoCorp remained the largest gainer with the stock rising 24.65% during the period. The investor sentiments remain strong as festive season sales are likely to drive growth.

RBI is now in talks with its counterparts in the US and Hong Kong, besides the Society for Worldwide InterBank Financial Communications (Swift), the global financial messaging system, on the prospects of launching digital cross-border settlements. The goal is to make global payments faster and cheaper for both individuals and companies. This is not just forward-looking move but a logical one, too, especially since India appears to have done the hard yards on launching a central bank digital currency or CBDC.

As Bitcoin oscillates around the $37,872 mark, down by a marginal 0.20% on Thursday, investors and traders alike are closely monitoring its performance against a backdrop of evolving market dynamics.

company's market value crossing ₹53,000 crore on Thursday, higher than that of some of its listed mid-cap peers such as KPIT Technologies and L&T Technology Services. Analysts said the 163% surge on the opening day has made Tata Technologies a more expensive bet than some of these rivals with a more diversified client base. But the bet could pay off if investors have the patience to hold the stock for a longer period, they said. Tata Technologies listed at ₹1,199.95 on Thursday, up 140% over its IPO price of ₹500 apiece before closing at ₹1,314.25.

Portuguese soccer star Cristiano Ronaldo has been hit with a billion dollar class-action lawsuit over his role in promoting cryptocurrency-related “non-fungible tokens,” or NFTs, issued by the beleaguered cryptocurrency exchange Binance

General Motors is losing money on every electric vehicle it sells, but the company says it’s on track to generate mid single-digit pretax profit margins in 2025 as it produces more higher margin EVs, works out kinks in battery manufacturing and sees ba...

Bankrupt cryptocurrency lender Celsius has opened withdrawals for eligible custody customers starting November 29, according to a statement on X (formerly Twitter).

MUMBAI : Investors chasing listing-day gains made a killing on Tata Technologies Ltd, which debuted on the Street with the best gains in two years for an offer above ₹500 crore. The stock gained 162.85% from its issue price of ₹500 to close at ₹1,314.25 on Thursday, the highest since digital analytics firm Latent View Analytics Ltd listed at a 169% premium on 23 November 2021.

A collective of public and private sector banks posted the highest annual net headcount addition in the last 10 years as they hired 123,000 employees last fiscal, as per latest data released by the Reserve Bank of India. The record additions are being driven by aggressive hiring by private banks across functions such as customer interface, lending, assurance, and technology to drive their branch expansion into tier 3 and rural areas. Net headcount addition in FY23 surged 61% over FY22, boosting the total employee count 7.4% year-on-year to 1.76 million. The sector saw its highest-ever annual net addition in FY11 at 125,000, followed by 124,000 in FY12. As per an exclusive study for ET by specialist staffing firm Xpheno, the top 15 private banks added on average 350 employees each working day of 2023. «If we add the replacement hiring count, the onboards per day moves up to nearly 600 per working day,» said Kamal Karanth, co-founder, Xpheno.

Laya Madduri, Secretary, Government of Assam said that financial inclusion is a critical issue that demands our attention. Microfinance institutions play a crucial role in filling the void to provide financial services in rural areas. Madduri at the 2nd National Summit on Financial Inclusion — “Accelerating Tech-Driven Financing to the Unbanked.” The national summit was organised by the Associated Chambers of Commerce and Industry of India (ASSOCHAM) in Guwahatiunderscored, «Even those with access to financial resources often lack clarity on saving for the future.