Digital Financial News

Sindhu Gangadharan, senior vice president and managing director of SAP Labs India has been appointed as vice chairperson of IT industry lobby group National Association of Software and Service Companies (nasscom). The announcement comes a week after Cognizant India's chairman and managing director Rajesh Nambiar, chairman and managing director was named as its chairperson. He was succeeding Anant Maheshwari, former president, Microsoft India, in the role. This means Gangadharan will assume the top chairperson role in the next cycle.

social media companies could soon take full effect despite being partly overturned by an appeals court, thanks to a legal loophole, President Joe Biden's administration said on Monday. In a court filing, the Justice Department asked the 5th US Circuit Court of Appeals for a new ruling to prevent the «improper result» of allowing parts of the lower court order «to regain effect even after having been held invalid by this court.»

Logistics startup Flexport on Tuesday unveiled services to make it easier for small businesses to import, store and restock goods they sell on ecommerce marketplaces as its returned CEO races to regain profitability amid a broad freight downturn. Companies ranging from Shopify to Walmart have launched their own ecommerce platforms to compete with industry leader Amazon.com. Sellers who use those marketplaces get access to more customers, but often are saddled with more work since each platform has its own set of rules.

Mark Rutte made an unexpected visit to the bustling streets of Bengaluru, India, where he embraced the local culture and engaged with its citizens. As per a TOI report, he was spotted strolling on Monday along the Church Street. Rutte's purpose for being in Bengaluru was crystal clear. He stated, «I came here for a big trade mission because this is the place to do business.

Media and entertainment company Disney Star has partnered with Pratilipi, an online self-publishing and audiobook portal for a multi-series content deal. This association allows Disney Star to develop multiple new fiction television shows adapted from stories available on Pratilipi, intended to be broadcast across languages on Disney Star’s TV and digital platforms, the two companies said in a statement.

GENEVA (Reuters) — Global tensions have started to fragment trade as rival trading relationships form, the World Trade Organization (WTO) said on Tuesday, but argued it is premature to declare that globalisation has gone into reverse.

Monzo, the $4.5 billion digital challenger bank, launched a feature that lets users make investments —marking its first foray into the massive financial investment market.

legal technology startup LegalPay has closed a Rs 12 crore interim financing bond. The investment instrument in the fixed income category was launched in January and reported a coupon rate of 14% compounding annually.

Kotak Mahindra Bank's corporate banking transactions are happening digitally, thanks to the bank's new digital platform for corporate clients, Kotak fyn (for your need), a senior bank executive said. «This was doubled in the last six months after fyn came in,» said Shekhar Bhandari, president — global transaction banking at Kotak. The bank's digital platform for business banking and corporate clients, which was launched in April, promises to bring down cost of funds for business units by around 14% with reduction in processing time on remittances. The platform has onboarded about 40,000 customers out of which about a fourth are new customers, Bhandari told ET.

UNDP) and the National Bank for Agriculture and Rural Development (NABARD) have signed a Memorandum of Understanding (MoU) to co-create data-driven innovations in agriculture and food systems to support smallholder farmers. Under this MoU, both organizations will work to improve the lives and livelihoods of smallholder farmers by sharing open-source data for product development, transfer of technology and supporting the framing of agrarian policies. The MoU was signed by Chief General Manager of NABARD, Mr. Sanjeev Rohilla, and UNDP Deputy Resident Representative, Ms.

«So largely, overall earning trajectory for the next two-three years is going to be 16.5% so I think that is the kind of a broader return to what one can expect in Nifty on a on-going basis,» says Pankaj Pandey, Head Research, ICICIdirect.com.What are you telling your clients about Nifty hitting 20,000? What is next? On the Nifty what we have been saying is that overall our target is at 21500 which is 19 times FY25 earnings and possibly in some months, we will be incorporating FY26 numbers. So largely, overall earning trajectory for the next two-three years is going to be 16.5% so I think that is the kind of a broader return to what one can expect in Nifty on a on-going basis.

Aditya Agarwala, Co-Founder & Director, Invest4edu, says “correction in the broader markets is around the corner because clearly if you take a look at high time frame charts, if you plot the indicators on a high time frame chart – I am talking about RSI here – you clearly get extreme overbought levels on the monthly and the weekly chart time frame. This is not something which comes across so often and so frequently.”What do you make of the sudden sharp downtick that we are seeing in the midcaps and smallcaps? Is it a one-day move? Is it like a knee-jerk reaction or it is a reversal of trend now and midcaps and small caps are headed lower?To be honest, this is something that I have been talking about for some time, correction in the broader markets is around the corner because clearly if you take a look at high time frame charts, if you plot the indicators on a high time frame chart – I am talking about RSI here – you clearly get extreme overbought levels on the monthly and the weekly chart time frame. This is not something which comes across so often and so frequently.

As Bitcoin faces tumultuous waters, trading at $25,187 with a 2.16% decrease on Tuesday, the broader cryptocurrency landscape also experiences significant shifts. 

happn, indicates that it may not have been intentional, but rather the result of ‘snoozing’.

RBI) has now allowed banks to offer a credit line facility to UPI users. You can spend from a pre-sanctioned credit line and repay the bank later. How does it work? Read on to find out.UPI now, pay later: New UPI feature unveiled The RBI has recently enabled transfers from pre-sanctioned credit lines at banks through the UPI network.

Domestic steel prices are expected to remain at Rs 59,000 per tonne (flat steel) and Rs 56,000 per tonne (long steel) on pre-election spending, during the current financial year, a note from CRISIL Market Intelligence and Analytics said. According to the note, the higher prices will remain despite a slowing global economy. This commentary comes a day after India imposed anti dumping duty on flat based steel wheels from China. Smoldering domestic demand, rising coking coal prices and production related dynamics in China, the world’s largest steel maker, are also likely to prevent the slide of prices in India. «Domestic demand is poised to grow in double digits for the third consecutive year, buoyed by pre-election spending this fiscal.

Mumbai, 1st September: Shivaami announced that it has received a 2023 Google Cloud Partner of the Year Award. A magnificent fourth time for their stellar performance.

iPad models available, each catering to different requirements, it is essential to decipher the intricacies of their price ranges. In this article, we'll unravel the mysteries of iPad price, helping you make an informed decision and ensuring that you invest in a device that seamlessly aligns with both your preferences and financial considerations. Experience the perfect blend of performance and portability with the 2021 10.2-inch iPad.

Digital currencies will help China and its allies de-dollarize, a leading Chinese academic has claimed, as the nation continues to make CBDC progress.

Q: At Adobe’s Best of SUMMIT event, we discussed how experience-led growth is foundational to the success of every business. As an Adobe partner, can you share your perspective on how digital transformation is evolving as an area of priority for businesses today? Harpinder Singh: I strongly believe that to transform in the true sense, an organisation must understand the pulse of its business, ecosystem, and customers. The process of redesigning of customer journeys, products, services, and business models across the organisation can be successful only if the whole purpose of transformation is mapped directly to the creation of value.

Stock market today: India has been at the center of the global political and economic discourse for some time now. As the fastest growing large economy in the world, India is viewed with respect among the comity of nations. According to IMF, India will contribute 15 percent to the global GDP growth this year.