Electronic Financial News

25.10 / 04:31

Apple Enterprise show country social electronic reports China urges Taiwan firms to show 'responsibility' as Foxconn probed

China on Wednesday urged Taiwanese firms operating in the country to show «responsibility», after Beijing launched a probe into tech giant Foxconn over tax and land irregularities. State media reported over the weekend that Foxconn — a Taiwanese firm that is one of the world's largest contract producers of electronics and a key supplier for Apple's iPhones — was under investigation.

25.10 / 00:46

Digital VISA Manufacturing economy country electronic travelers Goa going beyond beaches to become a 'workation' spot

Goa government is working on attracting more 'digital nomads' and technology investment to the state by bolstering its electronics and accommodation infrastructure. This quarter, co-working shacks called 'sea hubs' will be set up along the beach, the state's minister of tourism and IT, Rohan Khaunte, told ET. «They can go and surf in the water, they can go to the shack and have some good Goan food, and then go and work at a workstation,» he said. High-speed internet connectivity in rural areas is crucial for both 'digital nomads' and the success of Goa's homestay policy, which the state government plans to roll out next month to take tourism to the hinterland.

24.10 / 21:09

UPS Provident BLOCK CEO NVIDIA electronic Department Malaysian government gives Lynas Rare Earths green light on refinery

Lynas Rare Earths has won a reprieve from Malaysia to operate its flagship refinery which produces key ingredients for wind turbines, electronics, and military applications.

24.10 / 20:33

Target Action Apple Remark President country electronic Apple to make tools and parts to fix phones, computers available nationwide: White House

iPhone maker Apple on Tuesday will announce plans to make parts, tools and documentation needed to repair its products available to independent repair shops and consumers nationwide, at fair and reasonable prices, the White House said. National Economic Council Director Lael Brainard made the announcement in remarks prepared for a White House event later Tuesday focused on the so-called «right to repair,» calling on Congress to pass legislation requiring such action across the country. The event is part of U.S. President Joe Biden's push to promote competition and crack down on so-called junk fees and other actions that increase prices for consumers.

24.10 / 19:39

Target Action Apple Remark President country electronic Exclusive-Apple to make tools and parts to fix phones, computers available nationwide - White House

By Andrea Shalal

24.10 / 04:09

WhatsApp Bill electronic 2020 Portal RBI allows retail investors to subscribe to Floating Rate Savings Bonds via its portal. Details here

Bank of India (RBI) has expanded the basket of products offered through its Retail Direct Portal by allowing individual investors to subscribe to Floating Rate Savings Bonds (FRBs), 2020 (Taxable). "In its endeavour to expand the basket of products offered through the Retail Direct Portal, Reserve Bank of India, in consultation with the Government of India, has enabled subscription to Floating Rate Savings Bonds, 2020 (Taxable) – FRSB 2020 (T)," the central bank said in a statement. Earlier, retail investors were allowed to invest in central government securities, treasury bills, state government securities, and sovereign gold bonds through the Retail Direct portal.

24.10 / 02:01

UPS Booking Amazon Aware Platform electronic travelers Festive sales may fetch Flipkart up to Rs 36,000 crore in gross sales

The Walmart-owned ecommerce major, which has maintained market leadership over rival Amazon India over the past two years, began the second leg of its festive season sale on Sunday after a better-than-expected start to its flagship Big Billion Days sale in early October, they added. Typically, these sales are run in three stages in order to drive a significant chunk of the total annual sales during this period.

23.10 / 21:23

COST Provident Manufacturing Software economy electronic Cadence's downbeat fourth-quarter forecast signals weakness in chip industry

(Reuters) — Cadence Design (NASDAQ:CDNS) Systems forecast fourth-quarter revenue and adjusted profit below Wall Street estimates on Monday, as slower R&D spending by semiconductor firms navigating a tough economy weighs on the chip design software provider.

23.10 / 17:45

Provident Waters Mobile economy Align electronic innovations Paytm founder floats ₹30 cr fund for AI, EV startups

₹30-crore fund to back artificial intelligence (AI) and electric vehicle (EV)-related startups operating in India. The size of the Category II Alternate Investment Fund (AIF) ‘VSS Investments Fund’ approved the by the Securities and Exchange Board of India (Sebi) is ₹20 crore, along with a green shoe option of ₹10 crore. Follow-on investments for Sharma’s current portfolio in consumer and B2B technology space will also come from this fund, he said in a statement.

23.10 / 15:55

UPS Digital Manufacturing Mobile electronic innovations Centre Boat develops indigenous neckband IP with IT ministry's centre of excellence

indigenous neckband IP in collaboration with the Centre of Excellence for Electronics System Design and Manufacturing. The CoE was set up by the Ministry of Electronics and IT (Meity) in partnership with the Uttar Pradesh government and industry body India Cellular and Electronics Association (ICEA) in Noida.

23.10 / 13:11

Provident Digital Platform President stage electronic innovations Kotak Mahindra Bank collaborates with NeSL to issue electronic Bank Guarantee; details here

Kotak Mahindra Bank has announced a new partnership with National E-Governance Services Limited (NeSL) to issue its inaugural electronic Bank Guarantee (e-BG) through its platform. This collaboration is poised to usher in the era of digital trade, effectively eliminating the traditional paper-based issuance of Bank Guarantees.

23.10 / 10:43

UPS Provident Browser cover electronic information NS&I pulls top 6.2% fixed-rate deal – where to look now?

We don’t support this browser anymore. This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

23.10 / 10:13

Action WhatsApp Celebrity SLB electronic information open Is share market open on Dussehra? Check full list of stock market holidays 2023

Stock market holidays 2023: Amid Dussehra 2023 festival falling on 24th October 2023 i.e. on tomorrow, speculations are rife whether Indian share market is open on Dussehra or not. To get exact answer to this query, stock market enthusiasts need not to move from pillar to post.

23.10 / 08:43

BLOCK Manufacturing NVIDIA country electronic rock 2020 Graphite stocks surge as Beijing opens new frontier in trade war

Australian graphite stocks surged after China announced export controls restricting supply of one of the key battery minerals required for electric vehicles, opening a new frontier in a trade war with the US and its allied nations.

23.10 / 07:09

Provident Digital Gap social electronic information Delhi-NCR gets co-working space for e-waste dismantlers

E[co]work has launched a first-of-its-kind co-working space in NCR’s Ghaziabad region for microentrepreneurs, dismantlers, and recyclers in the e-waste sector in a bid to institutionalize e-waste management. The licensed facility is equipped with dismantling units, storage spaces, tables, tools, office and meeting rooms, equipment, and washrooms to offer the informal e-waste sector a space dedicated to dignifying and formalizing their work.

23.10 / 05:33

Waters Assurant WhatsApp show social electronic Madhya Pradesh Elections 2023: ‘Hand over VVPAT slips’, Cong's Digvijaya Singh cites tampering with EVMs

Congress leader said, “Respected Election Commission, we have only one request, please hand over the VVPAT slip to us separately, which we will keep in a separate ballot box." “Before counting, count the votes from any 10 ballot boxes and tally them with the results from the counting unit. If the result of both is the same then declare the result from the results of the Counting Unit," he said. "What problem does the Election Commission have with this? We request the Supreme Court to take this matter seriously and save democracy in the country," he added.

23.10 / 00:55

UPS Amazon Platform beautiful electronic The great Indian premium trip is lighting up etailers’ festive season

Amazon India. «A very large middle class is expanding as we speak. We are seeing that increasing disposable incomes are leading to customers showing very strong preference to premiumise. This is happening in multiple categories,» Srivastava said.

21.10 / 02:09

Amazon Progressive Celebrity electronic reports For the new generation, 'auspicious' is a year-round period

young Indians increasingly choose to disregard traditional religious practices connected to Shradh, Shravan or Navratri such as not buying high-ticket items, abstaining from consuming liquor and non-vegetarian food. Amazon and Flipkart launched their biggest festive season discounting sales during Shradh despite the inauspicious nature of the period. Brands and sellers across categories like electronics and smartphones, fashion, FMCG and general merchandise have reported 20-30% growth in sales over last year's same sale period. For instance, there has been record sales of TVs due to the cricket World Cup, as well as smartphones, which has boosted overall e-commerce business by 20-25% during Shradh.

20.10 / 21:03

UPS country electronic reports Lynas to temporarily shut and upgrade Malaysia operations

Lynas Rare Earths reported a 21.8 per cent fall in first-quarter revenue, dragged down by lower production, and is preparing to shut down all bar one of its operations in Malaysia in the December quarter.

20.10 / 18:55

COST Provident economy show electronic reports Canada' retail sales slump, cementing Bank of Canada rate pause

Canadian consumers are tightening their purse strings, cementing a case for the Bank of Canada to hold interest rates steady next week.

20.10 / 16:05

Manufacturing LinkedIn HON electronic reports Foxconn says it is the beginning of the Bharat era

Foxconn has spoken about the «beginning of the Bharat era.» Foxconn's India representative V Lee posted on LinkedIn photos of the recently concluded Hon Hai Technology Day 2023 that took place on October 18 and captioned it, «Great event with so much India ambitions, beginning of the Bharat era, devoting to EVs and semiconductors.»

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