Digital Financial News

05.11 / 11:33
Digital CEO Platform Strategy Matrix stage voice E-comm story over next 5-10 yrs around value lifestyle segment growth, want decent slice of that opportunity: Snapdeal CEO
Snapdeal believes the e-commerce story over the next 5-10 years will be around the growth of the 'value' lifestyle segment, and the online marketplace is looking to corner a «decent slice of this opportunity» as it focuses on unit economics, quality checks, and use of AI as well as tech to measure and improve customer experience. Snapdeal's business metrics are «in a good space» in the value e-commerce category and it has opted to «reinvest in growth now» as financial parameters are within striking distance of profitability, Himanshu Chakrawarti, CEO of Snapdeal, told PTI.
05.11 / 06:53
Provident Digital WhatsApp Indus IndusInd Bank introduces “NRI Homecoming” festival for non-resident Indians. Details here
Accounts, competitive interest rates of up to 7.5 per cent every year on NRE/NRO deposits, and enticing interest rates of up to 5.95 per cent each year on USD FCNR Deposits. Furthermore, the “NRI Homecoming" program encompasses educational sessions on financial literacy, offering valuable insights and guidance to NRIs and PIOs regarding their financial needs as they prepare to return overseas.
05.11 / 06:37
Digital CEO Immunic reports Revenue growth to come back in H2, would continue portfolio diversification: Marico MD & CEO
Marico expects revenue growth to come back in the second half of the fiscal and sluggish rural demand to gradually improve, said its Managing Director and CEO Saugata Gupta. It has taken price corrections after softening of inflation in the domestic market in the last two quarters, which has some effects on its revenue growth. However, it has helped it either gain or sustain market share and also increase penetration in some of its portfolio, he added.
05.11 / 06:17
Digital Apple AirPods cover song reports New Apple macOS update comes with a liquid detection feature
liquid detection feature which will alert Apple if any liquid has been detected in the USB-C ports. macOS Sonoma 14.1 update includes a new system daemon called "liquiddetectiond," which can identify when the computer has been exposed to liquids, reported 9to5Mac.
05.11 / 04:51
Digital Booking Extreme Experts show country 3 points to consider while analysing companies based on fundamentals
Vivek Karwa, Chief Executive Officer — Vridhi Investment, says “the first thing to look at is how long the company has been in business. That is one important point. And is there any more? For example, when you talk about paints, which company comes to your mind? When you talk about theatres, which company comes to your mind? So there are companies which have extremely high moat and brand recall. Those companies always tend to do better.” What is fundamental analysis and what should one keep in mind while analyzing companies based on fundamentals? There is no one fixed formula even in fundamental analysis. There are so many things. And anytime you analyze a company, there are so many revolving parts and you have got to put everything together and then come to a conclusion whether you want to buy or not.
05.11 / 03:31
Digital Manufacturing economy Healthcare electronic 2020 World economic issues cast shadow on Indian stock market, FIIs continue to sell
₹1 lakh in December 2000 would have been ₹21 lakh today. From the latest intra high of 17,754.05, dated September 12, it went down by 7.25% on October 26, and on November 3, Nifty 50 closed at 17,000.95, which is 4.25% lower. A short-term break in the long-term growing market.
05.11 / 03:03
Citi Digital CEO Airlines Experts country travelers Making home abroad: Hybrid work for corporate honchos means moving to London, Dubai & Singapore
work-life balance in a post-pandemic world. Their preferred destinations: the UK, Dubai and Singapore. Improved airline connectivity and technology have made it convenient to travel and be in constant touch with colleagues and family in India, helping the transition. Key reasons stoking this trend include better infrastructure, quality of life, wealth preservation and growth. Many of these promoters told ET on the condition of anonymity that India is important as a growth market, but many countries outside offer ease of living. Having a professionally run business has helped promoters and their next generation focus on growing their operations and wealth, experts say.
04.11 / 23:15
Digital Gap Assurant economy Netflix Actor Striking actors reviewing 'final' offer from Hollywood studios
LOS ANGELES (Reuters) -Negotiators representing Hollywood actors are considering a new proposal that major studios described as their «last, best and final offer» to end a four-month-long strike, the SAG-AFTRA union said on Saturday.
04.11 / 21:53
BLOCK Digital Software reports Scam call numbers: Check full list and block them
To safeguard against potential trickery, the group advises proactively blocking these phone numbers. These numbers are frequently employed in deceptive calls that may falsely claim your package is delayed or your bank card is frozen, as per the report in USA Today. Through the analysis of more than 157,000 suspicious phone calls spanning two years, the software company has determined that these specific digit combinations are indicative of fraudulent activities. These numbers represent only a fraction of the 150,000+ suspicious phone numbers that users have reported over recent years. The report also features an interactive map of the United States, illustrating the most prevalent area codes connected to fraudulent calls in each state. These numbers are — (202) 221-7923, (469) 709-7630, (805) 637-7243, (878) 877-1402, (865) 630-4266, (863) 532-7969, (858) 605-9622, (312) 339-1227, (904) 495-2559, (917) 540-7996, (301) 307-4601, (347) 437-1689.
04.11 / 19:49
Digital Aware Platform Action Mobile information reports IBDF tells its OTT members to avoid vulgar, abusive content without justification
IBDF) Digital Media Content Regulatory Council (DMCRC) has advised its member over-the-top (OTT) platforms to avoid unnecessary vulgar and abusive content without justification. The DMCRC is part of the Indian Digital Media Industry Foundation (IDMIF), which has been formed by IBDF, and has 10 members, namely JioCinema, SonyLIV, Disney+ Hotstar, and ZEE5, among others. The advisory was sent out after the Ministry of Information and Broadcasting (MIB) raised concerns over the excessive use of profanity, vulgarity, and obscenity in content produced by certain OTT platforms. «The content shown by the platforms has a deep impact on society. The platforms have the freedom to tell stories the way they wish to, but it should be done after due diligence and with responsibility.
04.11 / 18:45
Blockchain Ethereum Digital solana NFTS Bitcoin reports NFTs on the Rise Again: October Saw 32% Growth in Trading Volume – Trend to Continue This Month?
The market for non-fungible tokens (NFTs) is experiencing a resurgence, with October witnessing a substantial 32% growth in trading volume compared to the previous month.
04.11 / 17:09
Blockchain Ethereum Provident BLOCK Digital information What is metadata in blockchain transactions?
Additional data or information that can be appended to a crypto transaction on a blockchain is referred to as metadata in blockchain transactions.
04.11 / 16:45
Art Digital Extreme TikTok Instagram show Model alleges her face was altered with AI to appear white, says it is 'highly dehumanizing'
Taiwanese American model claimed that a renowned designer digitally altered her picture on a runway to make her look white. The model, Shereen Wu, in a TikTok video talked about the incident and said the matter is extremely dehumanizing. The video of the model has gone viral and garnered more than 1 million views in the last week.
04.11 / 14:15
Blockchain Digital Platform President Bitcoin Relief in crypto world over Sam Bankman-Fried conviction
Bankman-Fried, hoping the embattled sector can finally turn the page on a multibillion dollar scandal. The «verdict should hopefully mark the end of a dark era in our industry,» said Yat Siu, president of Animoca Brands, a video game publisher and investor in projects linked to blockchain, the underlying technology of cryptocurrencies.
04.11 / 14:13
Provident Digital CEO performer reports Bank of Baroda's chief digital officer's contract terminated: CEO
₹1,173 crore worth of outstanding loans towards Go Air as non performing in the second quarter. He clarified that the account has been fully provided for.
04.11 / 14:13
Digital Waters Manufacturing bass Amazon Great Indian Festival Sale: Best 5 tech gift ideas for Diwali 2023
Amazon Great Indian Festival Sale at a price tag of ₹999. In terms of features, the Redgear Cosmo 7.1 gaming headset offers immersive virtual 7.1 surround sound, a high-quality noise-canceling microphone, comfortable design with memory foam ear pads, passive noise cancellation, and stylish RGB LED lighting with audio control. The Redgear Pro Wireless Gamepad is priced at ₹1399 during the Amazon festive sale.This 2.4GHz wireless gamepad is claimed to offer up to 10 meters of range, 2-hour gameplay on a single charge, dual intensity motors for realism, force feedback, and illuminated backlit keys for visibility in low light.
04.11 / 13:25
Blockchain Digital Enterprise innovations Why Joseon is Becoming the Premiere Crypto-Friendly Jurisdiction
In the dynamic landscape of digital governance, Joseon emerges as a novel narrative. With its roots tracing back to the historical Joseon Dynasty of Korea, this digital nation, led by King Andrew Lee, is carving a niche as a crypto-friendly jurisdiction. By fostering a conducive environment for crypto innovations and transactions, Joseon is painting a vivid picture of what a crypto-friendly jurisdiction entails in the modern era.
04.11 / 12:34
Digital Action Discover Bill Bitcoin innovations Department California Proposes Crypto ATM Regulations Amid Rising Fraud
In a bid to curb the rising tide of fraudulent activities, California lawmakers have introduced a measure termed «Digital Financial Asset Transaction Kiosks.» The measure advocates for a daily withdrawal limit of $1,000 from cryptocurrency ATMs. Furthermore, the bill proposes a cap on operators' fees at $5 or 15%, whichever is greater, effective from the year 2025. If enacted, the implementation of these regulations is slated to commence on January 1, 2024.
04.11 / 12:34
Blockchain Citi Digital CEO Merit Platform innovations Citi Partners with World Bank on Euroclear's DLT Platform for Digitally Native Note Issuance
Citi's Issuer Services, a segment of Securities Services, acted as the Issuing and Paying Agent for the first Digitally Native Note (DNN) issuance under English Law through Euroclear's Digital Financial Market Infrastructure (D-FMI) distributed ledger technology (DLT) platform. The transaction involved a EUR 100 million, 3-year DNN issued by the World Bank — International Bank for Reconstruction and Development (IBRD) and was listed on the Luxembourg Stock Exchange.
04.11 / 11:57
Target Digital Action Experts show cover recommendations week 3 stock recommendations from Rajesh Palviya for next week
«Real estate stocks have gained in the current week and Brigade is looking very promising. If we analyze the overall structure, the stock is in an uptrend and almost enjoying its all-time high trajectory,» says Rajesh Palviya, Axis Securities. Edited Excerpts: The market seems to be climbing the wall of worries and the wall really was 19,000 for Nifty50 and 43,000 for Bank Nifty. Now that we have surpassed those levels, do you believe that this momentum will continue and which are the next levels that we should be looking out for?

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