Digital Financial News
07.09 / 12:19
Digital
Extreme
ecommerce
Ecommerce rules shouldn’t stunt sector’s growth: IACC
Indian American Chambers of Commerce (IACC) on Thursday said that any policy or regulation for the e-commerce sector must ensure that its growth is not stunted in any manner.
07.09 / 12:19
UPS
Provident
Target
Digital
Manufacturing
Strategy
India may see pivot to 8% growth post elections: Barclays
India towards a higher 8% growth, which will help overtake China as the biggest contributor to global growth, according to the latest Barclays research. “India is set to remain the fastest-growing major economy for some time. However, post general elections, the policy may tilt towards even faster economic expansion… targeting 8% could see it overtake China as the biggest contributor to global growth,” said Rahul Bajoria, Head of EM Asia (ex-China) Economics, Barclays. The study pointed out that India is likely to become an $8 trillion economy by 2030 if it achieves a higher growth rate, compared with the $6.6 estimated at 6.1% growth by the IMF.
07.09 / 12:04
Digital
Amazon
Microsoft
Google
Platform
Apple
Browser
European Commission
EU targets Apple, Amazon, Meta and other Big Tech in next phase of digital crackdown
The European Union is targeting six Big Tech companies including Amazon, Apple and Microsoft under new digital rules aimed at reining in the market power of online companies
07.09 / 12:04
07.09 / 12:04
07.09 / 12:03
UPS
Digital
Google
Action
Apple
Software
settlement
Google reaches tentative settlement with all 50 states over alleged app store monopoly
All 50 states, the District of Columbia and Puerto Rico have reached an agreement in principle with Google to settle a lawsuit filed in 2021 over the tech giant’s alleged monopolistic control of the distribution of apps for the software that runs most ...
07.09 / 12:03
Digital
HAL
country
Slash
Scholz calls for a broad pact to slash bureaucracy and modernize Germany
Chancellor Olaf Scholz has urged Germany’s opposition and regional governments to help slash a “thicket of bureaucracy” that slows down Europe’s biggest economy, as his government grapples with poor poll ratings and a reputation for internal strife hal...
07.09 / 12:03
UPS
Digital
SEC
Platform
social
Trump
Trump's Truth Social gets a lifeline after deadline for a big cash infusion is extended
Donald’s Trump’s Truth Social got a lifeline this week after a blank-check company that could infuse the social media platform with cash agreed to extend a critical deadline for a year
07.09 / 12:03
Facebook
UPS
Target
Digital
Instagram
social
Fine
Court sides with regulator's $100K daily fine imposed on Meta over privacy concerns
Meta has lost a legal battle to freeze an order from Norway’s data protection authority that imposes hefty fines on the Facebook and Instagram owner over advertising practices deemed to violate user privacy
07.09 / 12:03
Provident
Digital
Manufacturing
Google
Tesla
Nissan
Carmakers are failing the privacy test. Owners have little or no control over data collected
Most major car brands admit they may be selling your personal data — though they are vague on the buyers, and half say they would share it with the government or law enforcement without a court order
07.09 / 11:57
UPS
Digital
Platform
Action
Interface
guidelines
Government seeks public comments on draft guidelines on dark patterns
New Delhi: The government has sought public feedback on draft guidelines aimed at preventing and regulating "dark patterns" - digital design interfaces used to manipulate customer behaviour. These draft rules have been developed after consultations with stakeholders including e-commerce platforms, law firms, and consumer organizations, the ministry of consumer affairs said in a statement on Thursday.
07.09 / 11:57
Digital
Parke
BMW
performer
exclusive
BMW 2 Series Gran Coupe M Performance Edition debut in India. Check price and other details
Indian market. This exclusive model is priced at ₹46 lakh ex-showroom, prior to any optional additions, and will be produced locally at the BMW Group Plant Chennai. Interested customers can purchase the BMW 2 Series Gran Coupe M Performance Edition exclusively through the BMW Online shop.
07.09 / 11:17
UPS
Target
Digital
Walmart
social
Time
Swiggy’s long-time product head Anuj Rathi quits
Rathi, senior vice president (SVP) of revenue and growth at food delivery major Swiggy, on Thursday confirmed that he had resigned from the firm. ET had first reported on Rathi’s imminent departure from the firm on May 29.
07.09 / 11:17
UPS
Digital
Chase
Parke
Jonathan Schiessl sold L&T and took the money out of India. Here's why
Jonathan Schiessl, Deputy CIO, Westminster Asset Management, says “China looks very cheap compared to India. And some of the other markets in the region, be they developed markets like Japan, look quite attractive as well. I think India will continue to do well. We still very much like India, particularly on the medium to longer term basis. But, yes, in the short term, it has obviously recovered, had a good run, and looks a little bit expensive compared to some other markets.”PSUs were not the most favoured stocks till about three-odd years back, but in the last three years, the game has completely changed. Some of these stocks are even looking overheated at these levels. Within the PSU pack, do you have any favourites? What do you make of the rally that one is seeing in the government-owned entities?It is not surprising. Clearly the indices have done pretty well and they were looking fairly good value and under-owned. Personally, we tend to steer away from most of the PSU stocks. We tend to focus on other segments of the market. So it is not a part of the market that we chase. But yes, there are some pretty decent ones out there. Some of the oil and gas ones look quite interesting. But generally speaking, we tend to focus on the private sector rather than public sector stocks.
07.09 / 11:17
07.09 / 10:31
COST
Provident
Digital
Google
awards
performer
Google Cloud
Digital transformation company, Shivaami, bags Google Cloud partner award
Shivaami, an authorised Google cloud partner, says it has bagged the 2023 Google Cloud Partner of the Year Award, which marks its fourth consecutive win. According to a statement, this award exhibits Shivaami's performance, commitment to customer service, and dedication to helping businesses achieve their digital transformation objectives through Google Cloud technologies. The company says it has been facilitating cloud migrations, offering cloud-based solutions, and providing customer support to businesses. The company has also empowered organizations to harness the capabilities of cloud computing, allowing them to scale, optimize their operations, and successfully drive their digital transformation journeys in a cost effective way. «We extend our heartfelt appreciation to Google Cloud for recognizing our efforts and commitment to customer success.
07.09 / 10:31
07.09 / 10:31
07.09 / 10:25
Provident
Digital
Siemens
Maxim
performer
share price
services
week
HCL Technologies share price hits 52-week high on multiyear cloud services agreement with Siemens
HCL Technologies share price today touched 52-week high after following the signing of a multiyear Managed Public Cloud Services agreement with German technology and high-tech industry behemoth Siemens AG. HCL Technologies share price closed at ₹1,255 apiece on BSE, 1.56% higher.
07.09 / 10:25
Digital
Progressive
Gap
Enterprise
Forbes
country
G20 Summit 2023: Here's what will be discussed by World Leaders during the mega event
G20 Summit 2023 in Delhi will encompass discussions on a wide range of topics, reflecting the evolving global landscape and India's specific focus areas. The G20, also known as the Group of Twenty, is a forum comprised of 19 individual countries and the European Union. These member nations are major players in the global economy, collectively accounting for 85% of the world's economic output and conducting 75% of global trade.
07.09 / 10:17
UPS
Provident
Target
Digital
McDonald's
Google
Technology is deepening civilian involvement in war
brigade, and Serhiy Ogerenko, his chief of staff, speaking to Ukrainska Pravda, a newspaper, say civilians helped correct artillery fire, even using their own commercial drones. Colonel Shevchuk says that, if his men knew that Russians were near a particular village but were unsure precisely where, they would open Google Maps, find a local shop and cold-call it. “Good evening, we are from Ukraine! Do you have any kaptsaps [Russians] about? Yes.
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