Digital Financial News

By Chayut Setboonsarng and Panarat Thepgumpanat

“One of the most unforgettable experiences was being a part of the legendary Raid-De-Himalaya, which is the highest off-road rally in the world,” says Deepak Bhuvneshwari Uniyal, Co-Founder and CEO (Chief Executive Officer) at Insurance Samadhan. In an interview with ETMarkets, Uniyal said, “I have acquired skills in several martial arts disciplines, including Taekwondo, Jeet Kune Do, and Kickboxing.” Edited excerpts:Thanks for being part of the segment. How was your experience of Shark Tank? I am sure the practices that you do help you in maintaining your cool.Shark Tank transformed Insurance Samadhan, resulting in an impressive 6X growth post-show. Prioritizing controllable factors and maintaining good intentions guided our success.

AI is taking the world by storm, a manufacturing revolution is taking place in India, banking on the opportunity of “China-Plus-One” to become the factory of the world. Buoyed by Tim Cook’s visit and the decision of “Friend-shoring” by Apple to Make in India, India seems poised to “Make in India for the World”, paving the way for India to outgrow other economies of the world in this decade. If India is to realise the vision of becoming the factory of the world, it cannot be done by adopting conventional manufacturing techniques that involve loading the shop floors with cheap labour and strenuous work.

Federal Trade Commission won an administrative ruling against TurboTax tax software maker Intuit after the commission said the company misled consumers with deceptive advertisements pitching «free» tax filing products that millions of consumers were unable to use, the company said on Friday. Intuit said it will appeal the decision, saying it is «confident that when the matter ultimately returns to a neutral body Intuit will prevail, as it has previously in this matter». In April 2022, a US judge refused an FTC request to block Intuit from running ads for «free» tax filing products.

Tata Technologies IPO: The capital market regulator Securities and Exchange Board of India 9SEBI) has given its approval for the launch of Tata Technologies IPO (initial public offering). As it around a month since market regular gave its approval for Tata Technologies IPO launch, experts are expecting Tata Technologies IPO launch date anytime in this month as it takes around one to two months for the launch of IPO after SEBI's approval. Meanwhile grey market has also remained steady in regard to Tata Technologies IPO.

Aha Video, primarily known for Telugu language content, has announced a new reality show called Family Dhamaka that will launch on September 8. It is a remake of Family Feud, an international game show and has been produced by Fremantle India. Aradhana Bhola, managing director, Fremantle India said the format has been successfully produced in 63 territories worldwide.

IPO), ahead of its roadshow with investors next week, according to people familiar with the matter. Arm, the chip designer owned by SoftBank Group Corp, is expected to set a price range for its offering next week, the sources said. Arm plans to price its shares on Sept. 13, with stock trading on the Nasdaq to start the following day.

artificial intelligence chatbots to fill out college applications. The admissions officers each took on a different high school persona: swim team captain, Eagle Scout, musical theater performer. Then they fed personal details about the fictional students into ChatGPT, prompting the AI chatbot to produce the kind of extracurricular activity lists and personal essays commonly required on college applications.

During the week, over 100 smallcap stocks delivered double-digit weekly returns with 15 of them offering over 25% gains. RailTel was the top gainer in the smallcap pack with 46% return, followed by India Pesticides (41.9%), Optiemus Infracom (36.3%) and HLV (33.7%). About nine stocks, including Jaiprakash Associates, Pearl Global, Himadri Speciality, MTAR Tech, Bajaj Healthcare, among others delivered between 20-25% gains during the week. In the midcap segment, eight stocks, including BHEL, Vodafone Idea, IRFC among others rose in double digits. While BHEL gained nearly 30%, Voda Idea and IRFC were up 15% each. In the Sensex pack, Tata Steel topped the charts with 8.7% returns, followed by Maruti Suzuki at 8.66% and NTPC at 5.85%. Sector wise, there was heavy buying in metal stocks in anticipation of further stimulus measures from the Chinese government.

Wind and solar developers want to be able to connect projects directly to parts of the electricity grid to sidestep the roadblock of new transmission and ease the strain on a system creaking during the energy transition.

solar observatory mission, Aditya L-1, from its premier satellite launch centre Sriharikota, off the coast of Andhra Pradesh. If successful, India will become the fourth country to place a spacecraft in an orbit around the Sun-Earth Lagrangian point, termed L1, after the US, Europe and China, top solar scientists said. Earlier, USA’s National Aeronautics and Space Administration (NASA) and European Space Agency’s (ESA’s) joint mission Solar and Heliospheric Observatory (SOHO) and China’s Chang’e-5 extended mission have reached L1.

Jump Trading’s digital asset unit, Jump Crypto, appears to be scaling back after a handful of the company's specialists fled to start building a separate blockchain project.

Florida Governor Ron DeSantis, who had been planning to announce the acceptance of crypto contributions for his 2024 presidential campaign, was forced to delay the initiative due to the approach of Hurricane Idalia.

In a world increasingly reliant on internet connectivity, a Florida-based startup is breaking new ground by enabling Bitcoin (BTC) Lightning Network transactions even when there's no access to the web.

In recent developments, the ever-volatile Bitcoin price has witnessed a 4.6% dip, prompting investors and market enthusiasts to question: Is this the opportune moment to buy the dip? 

NEW DELHI : India remains a “large opportunity" for Amazon.com Inc. globally with the e-commerce firm constantly unleashing investments in the market amid expectations that the nascent e-commerce market is only set to grow, said a top global executive at the Seattle-headquartered firm. “If you look at some of the big markers of opportunity, we certainly feel India is on the shortlist of the largest opportunities we have as a business.

NEW DELHI : In a marked departure from the traditional ways of marketing a movie, filmmakers and studios are increasingly turning to influencers to woo audiences to the theatres. According to entertainment industry experts, social media influencers like Kusha Kapila, Ashish Chanchlani and Bhuvan Bam, who regularly collaborate with movie projects, command 40-60% of overall social media budgets. Prominent influencers who produce sketches leading up to the release of a movie, often featuring lead actors, charge ₹2-3 lakh for a post and ₹5-15 lakh per reel, they added.

Neeraj Mittal the new telecom secretary and S Krishnan secretary at the ministry of electronics & information technology, among a spate of high-profile central appointments. Among other key appointments cleared by the Appointments Committee of the Cabinet and announced Friday, Arunish Chawla will take over as secretary at the Department of Pharmaceuticals after October. He is now an officer on special duty in the same department. Vumlunmang Vualnam, who is additional secretary, Department of Economic Affairs, has been elevated to the rank of secretary and appointed at the ministry of civil aviation.

The stock last traded at $68.75 after hitting a peak of $70.28 while trading volume was 5.4 times its 10-day moving average. Dell, on track for its biggest ever daily percentage gain, is up more than 70% for the year-to-date.

Seeing Around Corners: How to Spot Inflection Points in Business Before They Happen, Rita McGrath predicted that Facebook's flawed business model, which gathers data willingly exchanged by users for using the platform for free, could face backlash. Most people don't know that logging on to the internet creates a digital footprint on their online behaviour. While users are dimly aware that websites track them using cookies, many are unaware of third-party cookies.

Meta is considering paid versions of Facebook and Instagram that would have no advertising for users in the European Union, three people with knowledge of the company’s plans said, a response to regulatory scrutiny and a sign that how people experience technology in the United States and Europe may diverge because of government policy. Those who pay for Facebook and Instagram subscriptions would not see ads in the apps, said the people, who spoke on the condition of anonymity because the plans are confidential. That may help Meta fend off privacy concerns and other scrutiny from EU regulators by giving users an alternative to the company’s ad-based services, which rely on analyzing people’s data, the people said.