Digital Financial News

Amsterdam-based crypto venture capital firm Maven 11 has unveiled its third fund with a goal of securing $100 million.

₹7,596 crore, with the shareholding increasing from 7.5% in the June quarter. Simultaneously, Foreign Institutional Investor -Domestic Institutional Investor ownership ratio hit a historic low of 1.15, declining from an all-time high of 1.99 in the March quarter of 2015.

Jezebel, the sharp-edged feminist website founded at the height of blogosphere era, is shutting down after 16 years

EU regulator’s decision to put all of the App Store into the bloc’s new digital antitrust list. It’ll argue also its iMessage service shouldn’t be subject to closer scrutiny from regulators, according to people familiar with the matter.

The highly anticipated Grand Theft Auto (GTA) VI is coming – but will it come with an in-game cryptocurrency? A lawyer has suggested that perhaps not. Yet.

AssetMark Financial Holdings hit its sixth consecutive quarter of record-breaking results in the third quarter, and it shows no sign of slowing.

Programmable payments allows users to branch out beyond the limitations and rules applied to their transactions, accessible through a new portal on JP Morgan Payment’s online treasury portal, JPM ACCESS.

Australian Community Media executive chairman Antony Catalano has proposed selling some of his company’s most storied publications, including The Newcastle Herald, Illawarra Mercury and The Canberra Times, to Southern Cross Media in exchange for a major stake in the ASX-listed group.

The proposed $20 billion takeover of Origin Energy by a private North American duo has now won support from all major proxy advisers, paving the way for a nail-biting lead-up to a decisive shareholder vote on a deal that is opposed by the electricity supplier’s biggest investor.

digital advertisement policy that will enable websites with a minimum of 2.5 lakh unique users per month and other digital platforms such as OTT and podcasts to get empanelled for publicity campaigns. The policy, unveiled by the Ministry of Information and Broadcasting, will enable and empower the Central Bureau of Communication (CBC) to undertake campaigns in the digital media space.

Blinkit, the quick-commerce arm of food delivery major Zomato, on Friday reported a surge in sales of gold and silver coins along with other items associated with Dhanteras celebrations. Other quick-commerce platforms such as Swiggy Instamart and Zepto were also selling gold and silver coins on Dhanteras. Dhanteras, also known as Dhanatrayodashi, is the first day of the festival of Diwali across many regions in the country. On this day, purchasing items made of gold, silver and brass is considered to be auspicious, and doing so is perceived to usher in prosperity and success in people’s lives. This year Dhanteras is being celebrated on November 10.

N Jayakumar, MD, Prime Securities, says “it is a stock picker's market as far as the small and midcap end is concerned. We have to be really careful about IPOs. Almost by corollary and by default, we are extremely bullish on being in the larger end of the markets and from that point of view, there are a lot more buys in the larger end and the largecaps also offer a combination of liquidity, valuation comfort and the overall theme that India is the destination of choice for so many people has never been more amplified.” India is in great form not only on the cricket pitch, but also as far as markets are concerned. When you look at the comparative landscape, all the economies are suffering, markets are not doing great but we are barely under 5% from all-time high. We may not have done well on the index front but midcaps have been doing great for the longest period of time. Is this enthusiasm justified or are we seeing early phases of froth building in parts of the market? We have seen the froth build up in one, the small SME exchanges where IPOs have been going gangbusters, listing premiums have been large and virtually every company which has gone there has been able to sail through. It has also been there in some of the small and midcap end of the market. So, at least in the listed space, while we can talk about the space as a whole, inevitably veterans will tell you that we are able to dig out gems even in this market even though certain spaces are overheated.

best wireless keyboard is a choice that should not be made hastily in a world when every second matters. You can make that choice with little hesitation with Flipkart's 2023 offer, which also guarantees that every interaction with your devices will be enjoyable. Take advantage of this opportunity to usher in a new era of digital harmony.

Festival time is the best opportunity for accumulation of a few assets and gold is a preferred choice among Indian households who wish to purchase this metal not only for investment but also because it is considered auspicious.

Having established itself as a leading full-stack real estate service provider during its 17-year-long journey, Magicbricks has now set its sights on expanding the home loan segment. The company is poised to collaborate with more financial institutions and digitize the entire home loan process in a bid to establish one of the largest home lending channel partner networks in the country.

Q2 result: Apollo Hospitals Enterprise that reported performance for the quarter ending September, also announced its expansion plans. Apollo Hospitals Enterprise announced a 250-bed new hospital in Pune (expandable to 425 beds in 2 years) at an overall cost of ₹675 crores. The Hospital is expected to be commissioned by Ql FY25.

border security force also shared a video of the operation in a post on X, formerly known as Twitter. "In a strategic & commendable move to combat trans-border crime, alert troops of 6 Bn @BSFNBFTR successfully carried out a unique operation using a night vision drone camera & manage to rescue 03 cattle from the grasp of smugglers on Indo-Bangladesh border," the BSF's post on X read.

By Sophie Yu and Casey Hall

gold buying almost synonymous. People have been buying and investing in gold year after year and generations after generations. The attractiveness of the returns on yellow metal is well established as it is also considered a good hedge against inflation and a good asset class to diversify your investment risk.

Honasa Consumer, which runs Mamaearth and other brands, today fell up to 15% but recovered after global brokerage firm Jefferies issued a report initiating coverage on the beauty and personal care products company. After falling 15% to the day's low at Rs 256.10 in the morning session, Mamaearth shares rallied up to around 4% to Rs 313.50 at noon. «Honasa should report industry-leading growth at 27% over the next 3 years. We value at 6x Sep-25 EV/sales (at a discount to HPC peers; implies 67x FY26 PE) to arrive at a price target of Rs 520,» Jefferies said, while calling it a high conviction buy. Led by founder-couple Varun and Ghazal Alagh, Honasa has prioritised growth over profitability, which Jefferies said is the correct strategy.

Maharaja' using Microsoft's Azure OpenAI service, which responds to over 6,000 consumer inquiries every day, is set to get more advanced functionality. The airline is using ChatGPT to assess questions, even some complex ones that it might not be able to respond to right away, in order to enhance customer experience in subsequent contacts and help it become more natural language sensitive, the company said in a press release on Friday. Air India said it has successfully implemented 'Maharaja', making it the first airline in the world to do so. Since its experimental introduction in March 2023, the agent has satisfactorily addressed over half a million client queries, Air India said.