Digital Financial News

18.07 / 10:07

IPO Digital Manufacturing CEO NOT boAt looking at IPO in FY25-FY26; definitely not listing this year, says co-founder Aman Gupta

boAt, which had earlier deferred its public share sale plans amid stock market volatility, is «not in a hurry» to go for a listing, and is looking at FY25-FY26 timeframe for the IPO, co-founder Aman Gupta said. In an exclusive chat with PTI on wide-ranging issues, Gupta said that his startup is «well capitalised» for now. There was a phase when startup IPOs were in fashion but then the markets turned choppy, Gupta recounted.

18.07 / 09:59

Digital Indian Ajay Banga Is ‘More Optimistic’ About the Indian Economy ‘Now Than In A Long Time’ | Here’s Why

India has got many things right in the last few ye... moreIndia has got many things right in the last few years.

18.07 / 09:29

Citi Target FIVE Digital Aware Platform Persona Mumbai Tim Hortons treats, beverages to be available at doorstep in Mumbai via Zomato from next month

Also read: Zomato rolls out food trends platform for restaurant partners Before its launch, Tim Hortons focused on creating awareness through digital channels, especially social media, to target specific sections of the audience and establish a lifestyle brand persona. Tim Hortons has already introduced nine stores in the National Capital Region (NCR), two in Mumbai, and six in Punjab and has ambitious plans to further expand to Pune and Bengaluru.

18.07 / 08:37

Digital Aviat Gap Racing Reviving a historic system: Semaphore’s visual communication finds relevance in Modern Era

By Sayan Chatterjee

18.07 / 08:37

Provident Digital Aware CEO Platform Mobile Interface Debit Card vs Credit Card: Which is better for frequent use?

Should you use your credit card or debit card more frequently to make a payment? On the surface, this seems a frivolous question. However, the decision you take has some financial repercussions which you must understand.

18.07 / 08:37

COST FIVE Digital Google Pool Indian Indian start-up funding drops by 70% in FY23 reveals Redseer report

As per the Redseer’s path to profitability report, the Indian start-up fundings and deals has dropped by 70% in FY23 when compared to FY22. While it experienced a sharp funding peak during FY22 totalling around $50 billion, a gradual onset of funding winter over the subsequent quarters led to a 70% drop in FY23 to around $15 billion.

18.07 / 08:37

COST Provident Digital Platform Software Future boost The Future of Co-working Spaces: Innovative designs in technology to boost productivity

The concept of co-working is becoming more well-known in India. With the economy growing big and small, entrepreneurs are looking to move away from the traditional office environment and cut expenses by moving to co-working and shared office spaces.

18.07 / 08:27

Provident Digital Manufacturing Software Remark Interface Bessemer sees $200 bn market in online B2B marketplaces in India

New Delhi: India’s online B2B marketplaces could grow to become a $200 billion market opportunity by 2030, venture capital and private equity firm Bessemer Venture Partners said in a report released Tuesday. “As India’s $3.75 trillion economy grows to $6 trillion within the next decade, we anticipate a significant portion of this growth will be driven by the digital economy, which we estimate will grow from its current $100 billion to $1 trillion.

18.07 / 08:27

Provident Digital CEO Mobile UNDP partners Absolute to promote innovation, digitalization of PMFBY

Pradhan Mantri Fasal Bima Yojana (PMFBY) and enhance the resilience of farmers. The partnership aims to boost the implementation of the PMFBY and the Restructured Weather Based Crop Insurance Scheme (RWBCIS) by building technical capabilities of the scheme and digitalizing service delivery of crop insurance and agricultural credit processes to increase reach and uptake of the schemes. It will also promote credit profiling of farmers, agri-entrepreneurs, and Farmer Producers Organizations (FPOs), for accurate crop loss assessment and risk evaluation to mobilize agriculture financing.

18.07 / 08:27

UPS Provident Digital Remark Audi Audi Q8 e-tron electric SUV debuts in India: Check details

Audi Q8 e-tron model comes with design tweaks on the outside. There is a redesigned grille. At the rear, the lights and the LED bar that runs across the entire length of the tailgate have been redesigned as well. The redesigned grille at the top showcases a new mesh design along with Audi's fresh monochrome logo, complemented by a downward-projecting light bar.

18.07 / 08:27

UPS Digital Cooper Booking Mobile PwC Indian Indian M&E industry to touch $73.6 billion by 2027: Report

New Delhi: India’s media and entertainment industry is expected to touch $73.6 billion in size by 2027, growing at 9.48% CAGR, according to the Global Entertainment & Media Outlook 2023-2027, a report launched by multinational professional services network PwC (Pricewaterhouse Coopers International Ltd). With new launches from international players and increasing options to pay less, OTT revenue has surged in recent years, expanding a further 25.1% in 2022 to reach $1.8 billion, over six times the revenue of 2018.

18.07 / 08:13

UPS Target Digital AXY CEO JPMorgan jio financial Financial Jio Financial Demerger: Should you buy Reliance shares for windfall gains before record date?

Reliance Industries (RIL) who will be rewarded with 1 share of JFSL for every share of RIL owned. To be eligible for the value unlocking by billionaire Mukesh Ambani, you must be a RIL shareholder before the record date of 20 July, which means that the last day to buy the stock is July 19, tomorrow. «We recommend investors to buy RIL before the record date i.e.

18.07 / 08:13

Digital Google Mobile Align Enterprise boost India seeks to relax data storage rules in boost for business

India plans to further relax its approach to data storage, processing and transfer beyond its borders, a boon for global companies such as Alphabet Inc.’s Google as well as Indian firms seeking growth abroad. A draft version of a new privacy bill allows companies to export data to any country except those specifically named by New Delhi, people familiar with the matter said, asking not to be named as the bill isn’t yet public. A previous draft released publicly in November, conversely, restricted the export of data to all regions except those named by the government.

18.07 / 07:25

UPS Citi Digital CNY Shenzhen, China: 36m Digital Yuan Wallets Opened So Far – CBDC Pilot Gathers Pace

The Chinese city of Shenzhen says its residents have opened almost 36 million digital yuan wallets, as the nation’s central bank digital currency (CBDC) pilot breaks new ground.

18.07 / 07:25

BTC Digital CoinMarketCap Compilation Discover Bitcoin Support Bitcoin Price Prediction as BTC Rests on $30,000 Support – Where is BTC Heading Now?

Bitcoin price is currently trading at $30,283.26, showing a minor increase of 0.05% over the past 24 hours.

18.07 / 07:15

COST FIVE Digital Platform Digi New RBI platform to use milk supply data for dairy farmer loans

Many farmers or dairy farmers find it impossible to obtain a bank loan for want of any credit history. But now, Using a new platform created by the Reserve Bank Innovation Hub, a borrower can access information on the milk that dairy farmers sold to Amul or state-accessible land records to calculate their ability to pay back the loan, reported TOI. The “frictionless credit” initiative, which is so far ready for farm and dairy loans, is proposed to be expanded to education loans (using the Digi Locker), MSMEs (based on Udhyam registration and GST and tax records) and even vehicle and personal loans as tests have shown that a loan can be sanctioned in less than 10 minutes.

18.07 / 04:55

Target Digital AXY CEO jio financial jio financial services share price services Financial Jio Financial Services demerger: RIL share price may see a 3-5% upside, say experts

Reliance Industries' (RIL) financial services arm has the potential to generate a positive impact on the stock. Brokerage firms believe the demerger has the potential of unlocking significant value for the company and its shareholders. It could give a boost to the stock price by 3-5 per cent.

18.07 / 03:15

Binance Digital SEC CEO coinbase Remark Enterprise us house Coinbase CEO to meet US House Democrats on Wednesday

Coinbase Chief Executive Brian Armstrong will meet privately with a group of U.S. House of Representatives Democrats on Wednesday morning and plans to make remarks on the future of digital asset legislation. The meeting comes as Coinbase and Binance — two of the world's largest crypto exchanges — are grappling with lawsuits brought by the U.S. Securities and Exchange Commission for allegedly failing to register their operations with the agency. At the meeting, Armstrong will also touch upon related issues, such as tax, national security, privacy, and climate, a New Democrat Coalition spokesperson said in an emailed statement. Coinbase did not immediately respond to a request for comment outside business hours.

18.07 / 03:03

Provident FIVE Digital Manufacturing Platform Assurant Interface Online B2B marketplaces a $200 billion opportunity by 2030, says report

The growth is currently driven by four factors — increased digital adoption, mature digital infrastructure, favourable regulatory policies, and a conducive cross-border environment, according to the Bengaluru-based venture capital firm. Examples of the key drivers included e-commerce, logistics and payments systems such as Unified Payments Interface (UPI), Open Network for Digital Commerce (ONDC), Account Aggregators, and Open Credit Enablement Network (OCEN), the report said.

18.07 / 02:23

Digital Ripple Platform Gap Strategy Software end This Aussie fund manager says AI spells the end of stock pickers

Washington| As fears of artificial intelligence stealing jobs start turning into reality, one Florida-based Australian private investment manager predicts that there will no longer be value in paying fund mangers to invest in listed markets.

18.07 / 01:59

UPS Digital Booking AXY NIFTY Time Is it the right time to buy HDFC Bank? Gurmeet Chadha answers

«The key to watch for bank in my view is that two things — how can they ramp up the liability growth which they have been doing, so last year they did 21% liability growth which is what is needed,» says Gurmeet Chadha, Complete Circle Consultants.Your sense as far as the HDFC numbers are concerned. The profitability is quite decent at Rs 11,950 crore, NII in line at Rs 23,600 crores though there is a slight deterioration when it comes to the asset quality.I think one word steady.

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