Digital Financial News

06.08 / 13:45

Provident Digital Citizens BlackRock Intuit country services Financial After retail and telecom, Ambani casts eye on financial services, new energy business

India's largest retailers and telecom operator in the shortest span of time, billionaire Mukesh Ambani has now set his sight on propelling newly-carved financial services business unit into country's largest non-banking lender while transitioning the conglomerate to net carbon zero by 2035. The recently demerged Jio Financial Services Ltd will leverage the prowess of digital and retail businesses, Ambani said in the latest annual report of Reliance Industries Ltd.

06.08 / 13:11

UPS Digital Platform Metro country beautiful Reliance Retail says it is set to lead the retail industry in the coming decade

₹2,30,951 crore in fiscal 2023, up from ₹1,74,993 crore in FY22. EBITDA reported a 44.7% jump led by broad-based growth across consumption baskets, RIL said in its annual report. Digital commerce and new commerce businesses contributed to 18% of revenue in FY 2022-23—in the previous fiscal, digital commerce contributed to nearly 17% of revenues.

06.08 / 13:11

UPS Provident Digital Strategy Discover BlackRock jio financial boost expansion Financial Jio Financial listing to green hydrogen boost - RIL annual report highlights expansion plans

06.08 / 13:01

MET Digital Cooper show Maharashtra: Senior NCP leader Jayant Patil denies having 'secret' meeting with Amit Shah in Pune

NCP leader Jayant Patil, a Sharad Pawar loyalist, on Sunday dismissed reports that he met Union Home Minister Amit Shah in Pune «secretly» and also scotched speculation that he was set to join the Ajit Pawar-led group in the Shiv Sena-BJP government. Patil said he was with Nationalist Congress Party (NCP) chief Sharad Pawar on Saturday evening and later met senior colleagues Anil Deshmukh, Rajesh Tope and Sunil Bhusara at his home. «They were at my house till 1.30 am.

06.08 / 13:01

Digital Google Samsung Intuit AIG audience Communications industry leans on AI for driving revenue

content creation, according to industry experts. With implications and implementations in various fields, generative intelligence and machine learning use cases are likely to impact the $8-billion (around Rs 66,142 crore) Indian digital advertising industry, according to machine learning company Moloco's General Manager, India, Siddharth Jhawar.

06.08 / 12:23

Provident BTC Target Digital Bitcoin Bitcoin Price Prediction as Daily Trading Volume Drops to $4.5 Billion – What's Going On?

In the ever-fluctuating world of cryptocurrency, the Bitcoin price currently stands at $29,034, experiencing a minor uptick of less than 0.10% over the last 24 hours.

06.08 / 12:15

UPS Digital Cooper No sugar mill in Maharashtra should be without ethanol distillery: Amit Shah

Amit Shah on Sunday said there should not be a single sugar mill in Maharashtra that is not producing ethanol. He was speaking at an event after launching the digital portal of the Central Registrar of Cooperative Societies (CRCS) office in Pune. «Huge funding is available under various schemes for cooperative societies which can be utilised for setting up distilleries.

06.08 / 12:15

UPS Citi Provident Digital Platform cover Agency Jio ties up $2.2 bln funding from Swedish Export Credit Agency (EKN) for 5G gear buy

Reliance Jio Infocomm, the telecom unit of Reliance Industries (RIL), has tied up $2.2 billion financing through the Swedish Export Credit Agency (EKN) in the last fiscal through March to buy equipment and services from Ericsson for the telco's pan-India 5G rollout. “RJIL tied up its first ever Swedish Export Credit Agency (EKN) supported facilities of $2.2 billion equivalent making it the largest cover ever provided by EKN for a deal to a private corporate globally,” the Mukesh Ambani-owned conglomerate said in its annual report for FY23.

06.08 / 12:03

UPS Target Digital Manufacturing stage country ‘India's growth faces headwinds from global slowdown, high interest rates'

Mint, adding that the current account deficit (CAD) is expected to fall during the current fiscal from last year. Going forward, India will see higher growth on the back of infrastructure creation, strong investment, and the efficiency gains from harnessing digital infrastructure, he said. Edited excerpts from an interview.

06.08 / 11:15

UPS Digital country Reliance hires 2.6L people in FY2022-23 as growth picks up

Reliance Industries has always believed that its greatest strength is the One Reliance family that has powered its inclusive growth since the beginning. The Company regards its people as its most valuable asset.Reliance Group employed 2.62 lakh people in FY2022-23. Out of this, 1.8 lakh people joined in Retail, while 70,500 joined Jio.

06.08 / 11:15

COST UPS Digital Strategy Discover BlackRock jio financial jio financial services services Financial Mukesh Ambani expects to list Jio Financial Services soon

Reliance Industries Ltd. said it expects shares of its financial services business to be listed soon as the conglomerate seeks to propel its recently carved out unit into India’s largest non-banking lender, leveraging the prowess of the digital and retail businesses. “The new entity is expected to unlock value for shareholders and give them an opportunity to be a part of a new growth platform,” Reliance’s billionaire chairman Mukesh Ambani in his message to shareholders in the annual report for the financial year that ended Mar.

06.08 / 10:43

COST UPS Provident Digital performer country India’s data protection bill achieves a unique balance

digital economy, as well as one that takes cognizance of the need to safeguard such personal data from misuse. The Bill breaks new ground in its legislative drafting.

06.08 / 10:39

Digital Cooper stage place Amit Shah shares stage with Ajit Pawar in Pune, says 'Right place, but took too long'

Amit Shah on Sunday shared the dais with Maharashtra Deputy Chief Minister Ajit Pawar at an event in Maharashtra's Pune and said the latter is at the «right place». «Ajit Dada (Pawar) has come for the first time after becoming the Deputy CM and I am sharing the stage with him, I want to tell him that after a long time, you are sitting at the right place,» Shah said.

06.08 / 10:27

COST UPS Digital Apple Trade barriers will come to hurt us all eventually

World Trade Organization (WTO) rules designed for barrier-free trade, which may explain the citation of ‘security’ as a motive—it’s a carve-out that could allow such curbs. Possible exposure to Chinese spyware has been hinted at. While both geo-strategic and job creation ends may possibly be served this way, we must also weigh the costs.

06.08 / 10:27

Digital Apple Qualcomm Samsung Xiaomi country Tech Recap: Govt restriction on import of laptop, computer, JioBook launched, Redmi new phones, and other top news

Reliance Jio, Xiaomi, Poco and Samsung across product categories. Government’s notification banning the import of laptop, computers also made headlines. Here’s a recap Reliance Jio has launched an all new JioBook laptop in the country with a price tag of ₹16,499.

06.08 / 09:11

FIVE Digital Progressive Manufacturing Assurant Mobile country India-EU high-level meetings this month to review progress on FTA talks

free trade agreement, according to an official. “The EU officials are coming for the G20 trade ministers meeting this month in Jaipur. There is a high-level meeting at the minister level on August 26 in the national capital between India and the EU," PTI reported.

06.08 / 09:03

UPS Twitter BLOCK Digital Platform Shiba Inu Unveils ShibariumSSI: A Revolutionary Step Towards Self-Sovereign Digital Identity

The popular meme crypto known as Shiba Inu has announced the launch of a new platform known as ShibariumSSI. This new platform will center on the idea of Self-Sovereign Identity (SSI). The announcement, which was made through the official Shiba Inu Twitter account, stresses a new era in digital identity management and aims to empower consumers with greater control over their personal data. The news was made via Twitter.

06.08 / 08:51

FIVE Digital Progressive Manufacturing Gap Assurant country boost High-level India-EU meetings this month to boost FTA talks

India and the European Union (EU) will be held this month to take stock of the progress of talks on the proposed free trade agreement, according to an official. «The EU officials are coming for the G20 trade ministers meeting this month in Jaipur. There is a high-level meeting at the minister level on August 26 in the national capital between India and the EU.

06.08 / 08:41

Digital Honda Apache Honda teases its upcoming bike with digital instrument cluster, could be SP160

Honda teaser are tachometer, digital speedo readout and gear position indicator. The recent teaser showcases a modern and sleek full digital instrument cluster that promises to elevate the riding experience to a whole new level. While specific details about the motorcycle are still under wraps, the digital instrument cluster hints at a technologically advanced ride that caters to the preferences of today's tech-savvy riders.

06.08 / 07:45

Digital Celebrity track fugitive One of Italy's most wanted fugitive caught after 11 years on the run; here's how he has tracked

Vincenzo La Porta, a 60-year-old on Italy's most-wanted list, was spotted in a photo taken during the Napoli fans' festivities at a restaurant on the Greek island. La Porta, considered associated with the Naples-based Camorra crime syndicate, had been evading authorities for 11 years. However, his passion for soccer and hometown team Napoli ultimately proved to be his downfall. Italian Carabinieri police tracked down the fugitive after spotting him holding a sky-blue scarf, Napoli's team colors, in the celebratory photo. With help from Greek authorities, La Porta was arrested while riding a motor scooter on Corfu.

06.08 / 01:15

Digital Platform What the Data Protection Law means to streamline privacy for children

The story of drafting India’s data protection regime can be compared to the making of blockbuster content. With greenlight in 2017, the draft law has seen many re-writes since then.

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