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HDFC Bank, India’s leading private sector bank, has launched XpressWay, a digital platform offering banking products and services, enabling customers to experience the fastest way to bank.

Tanla Platforms, India's largest CPaaS (communications platform as a service) provider, saw a significant jump in its shares, rising by 9.3% to reach ₹1,120 apiece, in Friday's trading session following the company's impressive Q2 FY24 results. At 11.45 AM, the stock was trading with a gain of 6.70% at ₹1,090. The company on Thursday reported a 19% YoY surge in revenue at ₹1,009 crore and 11% sequentially.

«I think you have to see our growth and where the growth is coming from. I think we have domain specialisations. So, our two domains actually got subdued during the COVID crisis, which is the vehicle finance as well as the microfinance and we were very conservative on that,» says Sumant Kathpalia, MD & CEO, IndusInd Bank. Bulls on the wall really are a mascot of how good you are feeling about the world and how good you are feeling about India. Yes, I think, in a very difficult macro and the world macro, India, it continues to outshine and I believe it has just started. I think the next decade belongs to India and I am completely convinced that whatever our regulators and the ministry is doing will only fuel the growth in the Indian economy. Let us talk about specifics of IndusInd Bank. If I take the clock back, let us say, five-six quarters ago, IndusInd Bank was growing in mid-teens. Now you are growing in early 20s, much higher than the industry average. You are growing without raising capital. Your CASA is in place. So, can I say that now the bank is firing full cylinders? I think you have to see our growth and where the growth is coming from. I think we have domain specialisations. So, our two domains actually got subdued during the COVID crisis, which is the vehicle finance as well as the microfinance and we were very conservative on that.

European Union will host leaders of some 20 countries next week to boost its global infrastructure plan aimed at competing with China in strategic regions, according to people familiar with the matter. The summit will come a week after China gathered representatives of more than 130 countries to celebrate the 10th anniversary of its own global investment plan, the Belt and Road Initiative. Heads of state or government who will attend the EU’s Global Gateway Forum on Oct.

Letitia James on Thursday sued cryptocurrency firms Genesis Global, its parent company Digital Currency Group (DCG) and Gemini for allegedly «defrauding» investors of more than $1 billion. The development underscores the challenges the crypto industry continues to face almost a year after the bankruptcy of Sam Bankman-Fried's exchange FTX, which led to a meltdown in the sector that overwhelmed several major firms.

Debashis Chatterjee, CEO & MD, LTIMindtree, says “while last year we were very confident that we should see good growth but having seen the Q1 and Q2, it is probably not fair to call out anything specifically. But as I said, we are fairly confident that our second half will be better than the first half. So you can do the math and we have to probably wait for another quarter to see where we eventually end up. But definitely we are confident that the second half will be better than the first half.” Let us just start by talking about your numbers. You sounded very confident about your second half being stronger than the first half of FY24. What gives you such confidence? We have always been saying that this whole year has a very cautious outlook and now we can confidently say that the cautiousness will continue through the rest of the calendar year. But having said that, we have closed many opportunities in Q1 and Q2 which are ramping up and so in spite of the challenges that we see in Q3 in terms of furloughs, in terms of some ramp down etc, but given the fact that there are a lot of ramp-ups also which will happen we are very confident that our second half will be better than the first half of FY24.

Sanjeev Kumar Bijli, ED, PVR Inox, says “on Thursday we opened Leo down south. It has opened to phenomenal admissions and numbers. We have Tiger 3 coming out in November. December is looking jam packed. And it is going to be as good as August with Dunki, Salar. We have Animal, Merry Christmas and Marvels, and Aquaman. I am glad the movie line up is coming on the screen as well. So there is a combination of Hindi, English and regional films that are coming up in this quarter. And they all look amazing. They all look brilliant.” This is the highest ever revenue that we have seen so far in the second quarter. You must be elated at Team PVR INOX. It has been a really steady ship in the second quarter. The question is, can it continue this kind of momentum? It is the festive season for us before the festival starts. We are all very excited and elated by the results in this quarter, which obviously was augmented by the great lineup of films and some great cinemas and new properties that we had added. We are pretty confident and sanguine that this kind of a trend will continue because not only we have a good pipeline of films in the third quarter and the fourth quarter and we are also adding some very exciting new properties going forward.

Pradhan Mantri Jan Dhan Yojana (PMJDY) to provide financial services to all citizens, regardless of their socio-economic status. The scheme has made significant progress towards increasing financial literacy and reducing poverty, but it still faces challenges. Pradhan Mantri Jan Dhan Yojana is a National Mission on Financial Inclusion which has an integrated approach to bring about comprehensive financial inclusion and provide banking services to all households in the country.

Russia’s government intends to use the digital ruble to make welfare payments, and wants citizens to use the CBDC to pay their taxes.

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com .

Cleartrip said it witnessed during the recently concluded Big Billion Days sale. Bookings for air travel rose 90% during Flipkart’s annual flagship sale compared with the business-as-usual period, Cleartrip chief financial officer Aditya Agarwal told ET in an interview. While bus bookings at the online travel agency grew 80%, the biggest jump was in hotel bookings that expanded three times.

Google is in advanced talks with Indian electronics manufacturer Dixon Technologies as well as with Bharat FIH, an arm of Taiwan’s Foxconn, to set up production of its flagship smartphone Pixel 8 in India, people aware of the development told ET. On Thursday, Alphabet Inc’s chief executive Sundar Pichai announced that his company’s first made-in-India Pixel devices will be rolled out in early 2024, providing a significant boost to the country’s ambitions to emerge as a global electronics manufacturing hub.

Comodo Motors general manager Jordan Baker joins 'The Big Money Show' to discuss the impact on auto dealers and car buyers from the ongoing UAW strike.

The trial against Sam Bankman-Fried continued in Manhattan federal court Thursday when Can Sun, FTX's former general counsel, took the witness stand.

Thales CEO Patrice Caine hinted at in a recent interview with ET. India has the right market size and produces qualified manpower to use this to its advantage. Already, technology companies use India as a base for developing new products or improving existing ones.

RBL Bank has announced the launch of GO Savings Account, a zero-balance account with a simple account opening process and easy-to-operate features. This account will be available to customers of all age groups.

DDA E-Auction For Prime Plots: The Delhi Development Authority (DDA) on Wednesday said that it will hold a mega e-auction in the National Capital next month. The auction will be launched on November 7 and will conclude on November 9, as per the official announcement by the Delhi Development Authority. The 18th e-auction includes prime plots for CNG pumps, kiosks, mobile towers among other things.

₹30,000—had expanded from being the eighth largest in the world to the third largest in a year. He said local sourcing of components would also rise as more Pixel devices are made locally and that Google planned to help the ecosystem bring this up further. Telecom and IT minister Ashwini Vaishnaw welcomed Google’s announcement.

₹2,717 crore for the three months ended 30 September from ₹2,616 crore a year ago, the company said in a statement to the stock exchanges. Sales rose 4% to ₹15,027 crore from ₹14,514 crore in the year-ago period, while advertising and promotion spending increased 11.4% to ₹1,720 crore during the quarter. The company said it delivered a “resilient and competitive performance" in the quarter, with an underlying volume growth of 2%.

In today's cryptocurrency landscape, Bitcoin's price has garnered significant attention. As of October 19, the price of Bitcoin stands at $28,541, having experienced a nearly 1% rise in the past 24 hours and 7% in the last seven days.