Digital Financial News

25.07 / 16:31

COST UPS Digital country Cyient Q1 Results: Net profit rises 45% to ₹168 crore, revenue up 35%; check details

India's Cyient Ltd reported a 45% rise in quarterly profit on Tuesday that just missed analysts' estimates as rising expenses at the engineering and IT services company offset strong order pipeline and demand recovery in some sectors. The Hyderabad-based company reported a 45% rise in consolidated net profit of 1.68 billion rupees ($20.53 million)for the first quarter ended June 30th 2023, compared with 1.16 billion rupees a year ago. Analysts, on average, were expecting Cyient to earn 1.73 billion rupees ($21.14 million), as per Refinitiv data.

25.07 / 16:11

COST Lowe's Digital performer social Financial Advice Financial How lack of formal financial advice can prove costly for many investors

₹8,000-10,000 per year to file returns correctly. I receive many queries from holders of foreign stocks (including in the form of ESOPs, or employee stock options), who, despite being told the complexity of income tax return (ITR) filing and the implications of improper disclosure, look for people who can do this at low cost. This is simply being penny wise and pound foolish! The omission of disclosure of foreign assets invites a ₹10 lakh penalty, and inaccurate filing comes with 30% additional tax and penalties.

25.07 / 15:47

Digital CEO Parke Samsung country Amazed to see fast pace digital change in India through smartphones: Samsung SW Asia CEO

India has changed digitally at a fast pace with the use of smartphones, and businesses will expand in the country in the coming years, a senior Samsung official said here. Samsung SouthWest Asia President and CEO JB Park said Digital India kind of projects were adopted in Korea in the past that brought growth and development in the country. India has a vast population under an average of 30 years, which will push for growth in demand and business, he added.

25.07 / 15:09

Citi Digital Cooper Mobile country Paytm E-commerce partners with NCCF, ONDC to sell tomatoes at Rs 70/kg in Delhi-NCR

Paytm E-commerce Pvt Ltd (PEPL) on Tuesday said it has partnered with ONDC and NCCF to sell tomatoes at Rs 70 per kg in Delhi-NCR. On behalf of the central government, co-operatives National Cooperative Consumers Federation (NCCF) and NAFED are already selling tomatoes at Rs 70 per kg to retail consumers through mobile vans in Delhi-NCR and a few select cities.

25.07 / 14:59

Digital Amazon Disney Platform film exclusive Talk to Me release date: Netflix, Disney Plus, Amazon Prime Video - where to watch horror film?

Talk to Me is already generating excitement among horror enthusiasts.

25.07 / 13:31

UPS Digital country IMF raises India’s FY24 forecast to 6.1%, FY25 forecast unchanged at 6.3%

International Monetary Fund (IMF) has raised India’s FY24 forecast to 6.1 per cent, whereas FY25 forecast remains unchanged at 6.3 per cent. Earlier in April, in its flagship World Economic Outlook report, IMF had brought down India's growth forecast to 5.9 per cent from 6.2 per cent.

25.07 / 13:31

COST Digital Action Indian Indian pharma headwinds to see subside in FY24: ICRA

ICRA said it expects the revenues of its sample set of 25 Indian pharmaceutical companies which account for 60% of the overall Indian pharmaceutical industry to grow by 7-9% in FY24. The revenue growth will be primarily supported by 8-10% expansion in the domestic formulation market and 6-8% growth in the US, while revenues from Europe and emerging markets are expected to rise by 3-5% and 8-10%.

25.07 / 13:16

Provident Digital Platform Enterprise track Customer ValueFirst and VSPAGY Join Hands to Enhance Customer Engagement

The partnership between ValueFirst and VSPAGY brings together their extensive expertise and industry knowledge to develop innovative solutions that enhance customer engagement and drive business growth. By combining ValueFirst's deep understanding of communication technologies and messaging channels with VSPAGY's advanced capabilities of creating personalized and interactive experiences over video, the collaboration aims to redefine the landscape of communication solutions.As businesses strive to adapt to rapidly evolving customer expectations, effective and personalized communication has become a paramount requirement.

25.07 / 13:16

Digital CEO Platform Strategy composer country social Customer VTEX Partners with Konnect Insights to Develop Capabilities in Customer Experience Management

Konnect Insights offers a comprehensive platform that unifies social listening, community engagement (ORM), social CRM, social analytics, social publishing, BI tools & dashboards, surveys, and crisis management. By enabling brands to listen to their consumers in all possible channels, learn from them, and engage in meaningful ways, Konnect Insights helps businesses enhance their overall customer care and commerce strategies.

25.07 / 13:15

Binance Digital Ripple XRP MasterCard Will Tradecurve Beat Binance (BNB) And Ripple (XRP) in Profit? Experts Say Yes

>>Register For The Tradecurve Presale<< Binance (BNB) has been witnessing a flood of activities on its exchange since the announcement of the highly-anticipated SUI token launch. Recently, the Binance exchange supported the SUI token through its Launchpad for TUSD and BNB holders. According to the official information, Binance will supply 40 million SUI tokens, with 20% of them for TUSD stakers, and 80% for BNB stakers. Launchpad is Binance’s (BNB) bootstrapping portal, where it sells tokens of new crypto projects.

25.07 / 12:47

COST UPS Digital CEO electronic GE HealthCare Tech raises 2023 profit forecast as supply chain woes ease

GE HealthCare Technologies Inc raised its annual profit forecast on Tuesday, after beating quarterly earnings estimates due to easing supply chain issues that had largely impacted electronic components during the pandemic. The X-ray and ultrasound machine maker managed to keep its costs in check while also seeing an improvement in production and pricing due to availability of electronic components, an issue it had been grappling with along with other industries.

25.07 / 12:33

UPS Provident BTC Digital USDT Bitcoin Worldcoin Price Prediction as WLD Reaches $20 Billion Market Cap Straight After Launch – Can Worldcoin Overtake Bitcoin?

The price of Worldcoin (WLD) has hit a $20 billion market valuation barely 24 hours after launch, with the Sam Altman-founded coin hitting an all-time high of $3.30 soon after its listing on exchanges.

25.07 / 11:45

UPS FIVE Digital Tata Motors appoints Rajesh Kannan as President and CDIO

Tata Motors have announced the appointment of Rajesh Kannan as President and Chief Digital and Information Officer. The appointment will be effective from 1 August, 2023, the firm said in a stock regulatory filing on 25 July.

25.07 / 11:45

UPS Twitter Digital Progressive Platform Qualcomm Reamle GT 5 Pro to launch soon, tipster suggests

Twitter. Sharing details of the upcoming phone, the leakster says that Realme GT 5 Pro may come powered by Qualcomm Snapdragon 8 Gen 3 processor. It mentions that there is a vanilla GT 5 in works too.

25.07 / 11:43

COST UPS Digital Accenture We won’t be held hostage by big tech: Shorten

Bill Shorten says government must stand up to big technology firms and consultants to ensure services benefit citizens, are delivered ethically, and costly failures are avoided.

25.07 / 11:19

UPS Provident Digital NIFTY SENSEX Top gainers, losers today: JSW Steel, Tata Steel, ITC, Asian Paints among most active stock

BSE Sensex fell 0.04% to 66,355.71, while the Nifty 50 index finished 0.04% higher at 19,680.60. With the metal index up 2.94% and the auto index up 0.95%, seven of the 13 major sectoral indexes saw advances. The world's largest producer and consumers of metals, China, announced measures to further assist its post-COVID economic recovery, which coincided with the surge in metal prices.

25.07 / 11:19

Digital Career Google CEO LinkedIn Indian Indian-origin director of Google News laid off after 13 years of service, says ‘in privileged position to figure out…'

Google has laid off its director of News Ecosystem Development who worked for the company for 13 years. The Indian-origin director, Madhav Chinnappa, took to LinkedIn to announce about the layoff, however, he added that he is in the “privileged position" of being able to have some time to figure out his next move.

25.07 / 11:17

UPS Digital Cooper crypto regulation country Future Towards a Balanced Future: A Middle-of-the-Road Approach to Crypto Regulation

As the cryptocurrency market continues to evolve, a middle-of-the-road regulatory consensus is gaining momentum, aiming to strike a balance between skepticism and optimism around crypto, Aaron Brown, a former managing director and head of financial market research at AQR Capital Management, opined in a recent piece for Bloomberg.

25.07 / 11:17

Reuters Digital CEO Coindesk UK Data Regulator to Probe OpenAI’s Crypto Project Worldcoin

The UK’s data regulator Information Commissioner's Office is planning to conduct “further enquiries” on the OpenAI’s crypto project – Worldcoin.

25.07 / 10:12

Citi Provident Target Digital Aware Gap country India targets 12% annual merchandise export growth for $1tn vision: DGFT's Santosh Sarangi

Santosh Sarangi, IAS, Director General, Directorate General of Foreign Trade, New Delhi, Government of India, today said that currently India's export is USD 450 billion, and to reach USD one trillion mark, the country needs to grow at year-on-year rate of 12%. «Similarly, in service sector we need to grow at 16.6 percent on an average every year,» Sarangi said at the World Trade Day 2023 programme in Bhubaneswar organised jointly by World Trade Centers in four cities, viz. Mumbai, Bhubaneswar, Jaipur and Goa.

25.07 / 10:11

UPS Provident Reuters Digital CEO country Sam UK data watchdog to make enquiries about Sam Altman's Worldcoin crypto project

Worldcoin, a project by OpenAI CEO Sam Altman where users provide their iris scans in exchange for a digital identification and free cryptocurrency. «We note the launch of WorldCoin in the UK and will be making further enquiries,» a spokesperson for the Information Commissioner's Office told Reuters.

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