Digital Financial News
28.07 / 07:19
COST
Target
Digital
Merit
Gap
valuation
Shree Cement is losing its edge over peers, but valuation remains pricey
Shree Cement Ltd has been in focus lately, but not for the right reasons. The ongoing inspection from the Ministry of Corporate Affairs has been a sentiment dampener. Against this backdrop, the company’s June quarter (Q1Fy24) earnings do little to lift the mood.
28.07 / 07:19
Facebook
Provident
Digital
Citizens
CEO
Platform
chatbot
South Korea fines OpenAI's chatbot ChatGPT of 3.6 million won, Facebook's Meta Platform of 7.4 billion won; here's why
OpenAI, the operator of the generative chatbot ChatGPT, has been fined 3.6 million won ( ₹2.32 lakh) by South Korea's Personal Information Protection Commission (PIPC) for exposing personal information of 687 South Korean citizens on 27 July. The exposure occurred due to a bug in an open-source library on ChatGPT, which caused the inadvertent visibility of payment information, including names, email addresses, the last four digits of credit card numbers, and credit card expiration dates of ChatGPT Plus subscribers.
28.07 / 06:57
UPS
Digital
Progressive
CEO
Micron
electronic
Micron to make chips in India for local and global markets; create 5,000 jobs, CEO says
Gujarat facility will be shipped to Indian customers and also abroad, CEO of Micron Technology Sanjay Mehrotra said on Friday at the annual semiconductor conference in Gujarat. «I am proud to be here today to represent the company's commitment to build a semiconductor test facility right here in Gujarat. It is a first for India and the first major semiconductor company investment in the nation,» Mehrotra said at Semicon India 2023 event.
28.07 / 06:41
Citi
Provident
Digital
Cooper
CEO
Platform
Mobile
Magicpin completes 1,000 orders of tomatoes at Rs 70/kg within two days
Magicpin has delivered over 1000 orders of tomatoes at Rs 70 per kg across 90 pincodes across Delhi-NCR in just 2 days. The company, in collaboration with the National Cooperative Consumers Federation of India (NCCF) has started selling tomatoes at Rs 70 per kg through select online platforms registered on the government-backed Open Network for Digital Commerce (ONDC) across 90+ pincodes in Delhi-NCR.
28.07 / 06:31
Provident
Digital
Ball
GOOG
performer
stage
Ravindra Jadeja's sensational spin performance crushes West Indies in ODI opener
Jadeja and Kuldeep Yadav mesmerized cricket enthusiasts as they bowled out a struggling West Indies side for a paltry 114 runs in just 23 overs during the opening One Day International (ODI) in Barbados on Thursday. The dynamic duo, with their impeccable skills, spun a web around the West Indian batsmen, leaving them clueless and overwhelmed. The Indian bowling attack set the tone right from the beginning, as the duo of Hardik Pandya (1/17 in 3 overs) and debutant Mukesh Kumar (1/22 in 5 overs) tightened the screws and provided an excellent start.
28.07 / 06:17
Target
Reuters
Digital
Aware
Actor
Financial
Beware! These Chinese hackers can hack emails, bank accounts, government data and corporate financial data
hacking teams have been recently identified by Western intelligence agencies and cybersecurity groups. These groups are allegedly responsible for digital intrusion campaigns targeting government, military, corporations, and media organizations worldwide. While cybersecurity firms believe many of these teams are backed by the Chinese government, China's authorities have consistently denied any involvement in state-sponsored hacking. They assert that China is also a frequent target of cyberattacks and have referred to the U.S. as an «empire of hacking.» Here are some major hacking teams based out of China.
28.07 / 03:41
Provident
FIVE
Digital
Platform
country
Rs 17,000 crore under PM-KISAN released by PM Modi will benefit farmers from across the country: Tripura CM Manik Saha
Manik Saha on Thursday said that the release of the 14th instalment of Rs 17,000 crore under Pradhan Mantri Kisan Samman Nidhi scheme will not only benefit Tripura farmers but of other states as well, according to an official statement. «The Prime Minister released the 14th instalment amount of about Rs 17,000 crore under PM-KISAN, dedicated more than 1.25 lakh PM Kisan Samriddhi Kendras (PMKSKs) to the nation and launched on-boarding of 1600 Farmer Producer Organization's on Open Network for Digital Commerce (ONDC),» Saha CM.
28.07 / 02:27
COST
Provident
BLOCK
Digital
country
cover
Delhi to house world's largest museum ‘Yuge Yugeen Bharat’. 5 key facts to know
PTI, officials said that the new museum, housed in the North and South blocks in the heart of the country's capital, will cover an area of 1.17 lakh sqm with 950 rooms spread over a basement and three storeys. 2. On the occasion of International Museum Day on May 18, Prime Minister Narendra Modi launched a virtual walkthrough of the upcoming museum after inaugurating a three-day International Museum Expo at Pragati Maidan here.
28.07 / 02:01
Provident
Digital
Career
Manufacturing
CEO
folk
Demand for skilled workers on the rise
'Special Report' host Bret Baier takes a look at what a labor shortage could mean for future infrastructure and renewable energy projects.
28.07 / 01:09
Digital
COMPOSITE
performer
country
Digital payments grow 13.24% in FY23: RBI
Digital payments across the country registered a growth of 13.24% in a year through March 2023, as per RBI's index that measures the adoption of online transactions. RBI's Digital Payments Index (RBI-DPI) stood at 395.57 at end-March 2023 compared to 377.46 in September 2022 and 349.30 in March 2022.
28.07 / 00:43
Digital
Aware
stage
House panel on IT readies report on Data Bill, Opposition dissents
The report said it «firmly believes that the implementation of the bill will be a momentous turning point in the domain of data processing, as it effectively brings the previously unregulated landscape under comprehensive regulation in a seamless and non-disruptive manner», according to sources in the panel. Opposition MPs, however, staged a walkout on Wednesday as they claimed that they were not made aware of the adoption of such a report by the committee.
28.07 / 00:43
UPS
Digital
Platform
Action
exclusive
committee
Parliament committee wants focus on potential unfair practices by digital companies
parliament committee has asked a government panel on digital competition law to focus on ten anti-competitive practices that large digital technology companies can potentially resort to, including deep discounting, exclusive tie-ups, restricting third-party applications, and lack of platform neutrality. The Parliamentary Standing Committee on Finance headed by former minister of state for finance Jayant Sinha also wants to be apprised of the government panel's recommendations after they are submitted with the government.
27.07 / 21:49
BTC
Digital
Compilation
Bitcoin
show
performer
Bitcoin Price Prediction as US GDP Growth Data is Released – Is a Recession Likely?
Amid the release of US GDP growth data, the Bitcoin price is being closely observed, raising questions about the possibility of a recession.
27.07 / 20:07
COST
UPS
Digital
McDonald's
McDonald’s
Celebrity
show
Grimace campaign that went weirdly viral fuels McDonald's Q2, yet growth may slow as inflation cools
McDonald’s is grinning thanks to Grimace after a marketing campaign to celebrate the “birthday” of its big purple mascot went viral and contributed to surprisingly strong second quarter sales
27.07 / 19:19
UPS
Lowe's
Digital
AXY
Unsecured loans defy RBI caution
MUMBAI : Indians snapped up collateral-free loans at a brisk pace in the June quarter, at a time the banking regulator has turned uneasy over the unabated growth in consumption credit. Unsecured loan portfolios of banks grew in double digits in the first quarter, led by a surge in personal loans. The growth in personal loans at HDFC Bank was 19.5%, ICICI Bank 38.6%, Yes Bank 32%, and Axis Bank 21%.
27.07 / 19:13
Digital
SEC
Strategy
Align
BURST
cover
Concerns percolate about how SEC’s AI proposal aligns with Reg BI
An SEC proposal to eliminate conflicts of interest in financial advisors’ use of technology that predicts investor behavior is raising concerns about how it will work with Regulation Best Interest.
27.07 / 18:51
UPS
Digital
Orange
show
performer
social
Football’s new goal
Sometimes, it takes a special effort to make a point, and the women’s football World Cup has seen one. An advertisement by French telecom firm Orange shows the country’s men’s team players making some magical moves and scoring spectacular goals that would make fans of the game anywhere go delirious. Only, it’s revealed soon enough that it isn’t really men playing.
27.07 / 18:23
Target
Digital
Platform
social
WhatsApp scammers draining money? Here's methods to safeguard your account
Indian Express. ALSO READ: WhatsApp rolls out support for Wear OS smartwatches.
27.07 / 18:18
Provident
Digital
Tether
show
country
voice
Indian
CFA
Support
CFA Institute Survey: Chinese and Indian Investment Professionals Show Strong Support for CBDC
Investment professionals in both China and India are largely bullish on Central Bank Digital Currency (CBDC), according to a new survey from the CFA Institute.
27.07 / 17:55
UPS
Citi
Digital
Strategy
Nestle
performer
Nestle India June qtr profit up 36.8%
₹693.3 crore for the three months ended 30 June from ₹510 crore in the year ago period. Revenue from operations were up 15% to ₹4,658 crore with domestic sales up by 14.6% year-on-year. Ebitda grew by 25.4% year-on-year; margins expanded by 186 bps year-on-year.
27.07 / 17:25
Citi
Waves
Digital
Aware
Parke
track
Wave Group to invest Rs 10 crore in AI tech for Wave City project in Delhi-NCR
Real estate developer Wave Group's said that will invest Rs 10 crore in Artificial Intelligence (AI) technology for its Wave City project in-Delhi NCR. The company aims to make these investments in the next three years.
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