Digital Financial News

20.08 / 17:49

UPS FIVE Digital Strategy stage equity funds 360 One to set up sector-focused private equity funds

equity fund strategy, building a separate identity in an industry primarily known for broad sector investments. With assets under management crossing ₹23,000 crore or $2.6 billion, 360 One is one of the leading domestic private investors in India “On the PE side, our right to win an edge will be industry-focused thematic funds. And, so, you will see us being much more industry-led, going forward," said Sameer Nath, chief investment officer in his first formal interview since taking over as CIO and head of venture capital and private equity business.

20.08 / 17:09

UPS Digital SUN show cover Indian US business to fuel growth for Indian pharma companies

pharma industry sees an abatement in price erosion, which is in single digits, say industry analysts. This has also started to show in sales from India to the US, India’s biggest market rising 6.2% to $7.5 billion last fiscal year, shows government data. ICICI Securities Ltd, in its Q1FY24 pharma sector preview report, highlighted that growth in Q1FY24 will be driven by volumes in the US market: “Aggregate US sales of coverage universe (companies covered by the firm) is likely to grow...

20.08 / 17:09

UPS FIVE Digital Strategy Samsung Xiaomi Can beaten Xiaomi reclaim its crown?

Chinese smartphone company operated from a small room in Bengaluru. The brand was mostly unfamiliar to Indians and Jain spent time and effort helping people pronounce the name as it should be. “Shao-mee", Jain told one of the writers of this story, a few months after he had joined.

20.08 / 17:09

Digital Citizens Interface country German minister uses UPI to make payment in India, embassy lauds, shares video

Narendra Modi had announced that India and France have agreed to use UPI payment mechanism. ALSO READ: Modi in France: UPI to start from Eiffel Tower.

20.08 / 15:13

COST UPS Digital CEO Action performer beautiful FMCG in June qtr: Volume & margins grow as inflation moderates, small players make comeback

FMCG industry witnessed growth in volume and expansion in gross margins in the June quarter aided by moderation in inflation which also boosted small players in select categories. Several small players, which had earlier vacated some of the market segments during the peak of inflation, returned back and intensified the competition at the local level, forcing several big FMCG players to go for price corrections.

20.08 / 14:33

COST Twitter Digital Platform Fighting social Sachin Pilot thanks Rahul Gandhi, Mallikarjun Kharge for CWC induction ahead of Rajasthan polls

Congress Working Committee (CWC). The Congress leader who has been part and witness of several frictional episodes with Congress senior leader and Rajasthan Chief Minister Ashok Gehlot, was drafted into the party's central leadership. After the list was publicised, Sachin Pilot pledged to “strengthen the customs and ideology" of the party.

20.08 / 11:59

COST Target Digital Mobile After tomato, Government to sell onion at subsidised rate of ₹25 a kg from tomorrow

₹25 per kg through retail outlets and mobile vans from Monday in fear of prices touching triple digits ahead of the festival season. It imposed a 40% duty on onion exports on Saturday to improve domestic supplies and tame inflation during the upcoming festival season.

20.08 / 11:49

Digital Injustice Why the right to privacy holds negligible mass appeal

fundamental rights (and clubbing together ideas of home, ownership and digital identity). But then, can a right that is so new also be ‘fundamental’? I don’t think so.

20.08 / 11:49

Digital Platform Action Strategy stage social India has taken action to de-risk infrastructure development

private investment in this field). However, a paradigm shift is underway as we move from sole reliance on public capex to incorporating private investment for infrastructure development. Therefore, promotional measures and de-risking strategies for investment have become crucial.

20.08 / 09:31

UPS Provident Digital Parke Hyundai SPY 2024 New Hyundai Creta could debut in 2024, says report. Here's what to expect

Indian market, reported GaadiWaadi. The redesigned version has been observed undergoing extensive testing as it prepares for its debut in early 2024. According to the report from the publication, the upcoming iteration of the Creta is positioned to make a distinct entrance, potentially bringing a transformative touch to the market through its improved features and aesthetic enhancements.

20.08 / 07:53

Provident Digital Manufacturing Action Strategy stage electronic National National e-commerce policy in final stages, no new draft to be issued: Official

The proposed national e-commerce policy is in the final stages and no new draft policy will be issued now for seeking the views of stakeholders, a senior government official said. The new e-commerce policy is being formulated by the commerce ministry. On 2 August, the Department for Promotion of Industry and Internal Trade (DPIIT) held a detailed discussion with representatives of e-commerce firms and a domestic traders' body on the proposed policy.

20.08 / 07:41

COST BTC Digital Software MicroStrategy Bitcoin Support Bitcoin Price Prediction as BTC Bounces Off $25,000 Support – Here are Key Levels to Watch

In the dynamic realm of cryptocurrency, Bitcoin (BTC) continues to capture attention as it showcases a rise of over 0.50%, reaching $26,133 on Sunday. Notably, the support at $26,000 appears to have effectively prevented further losses for the cryptocurrency.

20.08 / 04:31

MET Digital country G20 ministers agree to adopt digital public infrastructure

New Delhi: G20 ministers responsible for the digital economy met in Bengaluru on Saturday and agreed that the Global South and other countries should adopt digital public infrastructure to digitalise their economies. “There were three major priority areas for the G20 meeting. First was DPI, second was information security or cybersecurity, and the third was skilling.

20.08 / 02:17

BLOCK Digital Platform Interface country electronic World can emulate India's digital public infrastructure model, says Prime Minister Modi

India's digital public infrastructure is a model that other countries can emulate as it offers «scalable, secure and inclusive solutions for global challenges,» Prime Minister Narendra Modi said on Saturday. «India is ready to share its experiences with the world,» he said in a virtual address to the G20 digital economy ministers' meeting in Bengaluru on Saturday.

20.08 / 02:17

UPS Provident Target Digital Strategy Non-technology firms say aye aye to AI talent in bid to get ahead of the competition

Legacy non-tech companies — the likes of steelmaker Tata Steel, engineering firm Larsen & Toubro and chocolate major Mondelez — are too hiring AI talent, as they adopt new technologies to stay ahead of competition. According to recruitment services firms, demand for AI talent from non-tech sectors is as much as 50% more compared with last year.

19.08 / 16:33

Digital Pool Attrition challenge mainly in Jr management; will pursue inorganic growth opportunities: Kotak Mahindra Bank

Kotak Mahindra Bank's chairman Prakash Apte on Saturday said the attrition challenge for the bank is concentrated at the junior management level. Addressing shareholders, Apte also marked out pursuing inorganic growth opportunities as a strategic driver for the bank going ahead. The private sector lender has seen one of the sharpest spikes in attrition among peers, as the banking industry grapples with the problem of employee churn.

19.08 / 16:19

Digital Aware Manufacturing stage country social India's economy shines as beacon of hope in challenging times: PM Narendra Modi

Moneycontrol's 'Bullish on India' campaign. Taking to X, PM Modi wrote, “With robust growth and resilient spirit, the future looks promising.

19.08 / 15:53

Art Digital Platform Dreams BURST social Introducing CASTmyNFT.io: Unleash Your NFTs in Mesmerizing 3D Galleries for FREE!

CASTmyNFT.io has burst onto the Web3 scene, igniting a seismic shift in the NFT landscape. Brace yourself because they’re about to take the NFT game to a whole new level, leaving jaws dropping in awe.

19.08 / 15:43

Facebook UPS Citi Digital raid A raid on a Kansas newspaper likely broke the law, experts say. But which one?

Experts say a central Kansas police chief was on legally shaky ground when he ordered the raid of a weekly newspaper

19.08 / 12:47

Digital Entertainment love stage audience cricket ICC unveils mascot duo for Men's Cricket World Cup 2023

Yash Dhull and Shafali Verma, the reigning champions of the U19 World Cup, have officially revealed the pair of mascots for the upcoming ICC Men's Cricket World Cup 2023. The unveiling took place during an event held in Gurugram on the preceding Saturday. Enthusiasts from all corners of the globe will be given the opportunity to participate in the process of naming the mascots for the ICC Men's Cricket World Cup 2023.

19.08 / 12:43

Provident Digital Cooper Strategy Align country G20 health ministers unveil initiative on digital health

New Delhi: In a significant decision at the G20 Health Ministers' summit, nations have collectively launched the "Global Initiative on Digital Health (GIDH)." This move underlines the growing recognition and commitment to the amalgamation of digital health strategies on a worldwide spectrum. Health minister Mansukh Mandaviya underscored the pivotal role of digital health advancements in the quest for comprehensive health access for all.

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