Information Financial News
16.09 / 14:17
markets
COST
UPS
Gap
security
information
Mistry Store launches India's first credit program for building industry professionals
credit program for the building industry professionals like architects, interior designers, contractors-firms to address the critical credit gap in the segment. After working with over 3,500 professionals in the building space over the past two years, the company identified that dependence on informal credit alone invariably hinders business growth for professionals and curated the credit program to address this critical gap. By participating in the program, professionals can get higher credit limits, enabling them to take on larger projects. «By enrolling in the smart credit program, professionals can achieve significant growth. We project an increase in profit margins by 8-10% and business scaling by two to three times. With a higher credit limit, professionals can take on more prominent projects and experience exponential business expansion,» Vaibhav Poddar, co-founder of Mistry.Store, said.
16.09 / 13:33
markets
RAI
BABA
information
reports
Courts
No power of attorney executed in favour of Baba Kalyani by his late mother: Kalyani Group
S N Kalyani in favour of her son Kalyani Group Chairman, Baba Kalyani, and he has nothing to do with any of the litigations that his mother had initiated during her lifetime, the group said on Monday. Refuting reports that alleged that Baba Kalyani coerced his mother and exercised undue influence, a group spokesperson said the claims made in an affidavit of late S N Kalyani as produced by Gaurishankar Kalyani, Baba Kalyani's brother «are fabricated, incorrect and denied». «Baba Kalyani will appropriately represent his case before the Pune District Court,» the spokesperson said in a statement. Late S N Kalyani and Gaurishankar Kalyani (and his family) have been staying at their residence Parvti Nivas, when she made her will in 2012. Hence, all allegations insinuating that Baba Kalyani coerced her and exercised undue influence are incorrect and denied, it added.
16.09 / 09:53
markets
Digital
RAI
track
information
reports
Lending firms utilise Account Aggregator framework for Rs 42,300 crores in loans: Sahamati
Lending firms using the Account Aggregator (AA) framework facilitated loans worth Rs 42,300 crores from September 2021 to March 2024, noted a report released by Sahamati on Monday. Sahamati is a market-led industry alliance for the AA ecosystem. The report on ‘Lending facilitated by Account Aggregators’ is the first of a series. It is aimed at tracking the level of adoption and usage of the AA framework. In the current report, it is noted that lending firms have used AA framework to facilitate loans worth Rs 42,300 crores from September 2021 to March 2024, with a cumulative average loan ticket size of Rs 1,00,237 for the same period. The growth in facilitating loans is indicated by total loans disbursed which is Rs 21.2 lakhs with Rs 22,100 crores in disbursements facilitated by AAs in second half of FY24.
16.09 / 02:20
markets
President
shooting
Golf
information
rights
International
Donald Trump: Shooting at Trump International Golf Course; Joe Biden, Kamala Harris informed
The shooting took place on the grounds of the Trump International Golf Course West Palm Beach on Sunday while 78-year-old former President Trump was at the course, the Palm Beach County Sheriff's Office said, but officials said that Trump was safe and that the intent was unknown. His campaign communications director Steven Cheung says Trump was safe. «President Trump is safe following gunshots in his vicinity,» Cheung said in a statement. «No further details at this time.»
15.09 / 22:20
UPS
Action
Compilation
track
cover
information
Oracle settles suit over tracking your data. How to file a claim
In a $115 million settlement, while admitting no wrongdoing, tech behemoth Oracle has agreed to settle a class action lawsuit over allegations it tracked consumer activity both on and offline
15.09 / 18:52
UPS
Target
Research
performer
innovations
information
International
Companies like to pit internal teams against each other. Bad idea.
Subscribe to enjoy similar stories. Many organizations encourage competition between internal teams, believing it will spark innovation and drive performance. The trouble is, what actually happens is the opposite: Internal competition often stifles innovation.
15.09 / 14:23
markets
Digital
Sustainability
awards
RAI
information
JSW Energy arm commissions 300 MW wind project
JSW Energy on Sunday announced that its step-down subsidiary, JSW Renew Energy Two Ltd, has successfully commissioned a 300 MW wind power plant at Tuticorin in Tamil Nadu. The ISTS-connected (Inter-state transmission system) wind power project was awarded by Solar Energy Corporation of India (SECI) in tranche X, a company statement said. This marks the first-ever greenfield wind power plant commissioned by the company for the SECI, it noted. The newly commissioned wind power project will contribute significantly to the renewable energy portfolio, supporting the vision of a greener and sustainable future, the company said.
15.09 / 06:50
markets
UPS
Platform
information
reports
recommendations
Real money gaming sector tops GST evasion list
online gaming sector topped the apex goods and services tax (GST) intelligence and investigation agency’s evasion list with detection to the tune of about Rs 1.10 lakh crore, involving show cause notices to 34 taxpayers, action against 118 domestic entities and 658 offshore entities. In its annual report released Saturday, the Directorate General of GST Intelligence (DGGI) identified online gaming as one of the challenging sectors with offshore entities based in tax havens. “Bringing the gaming entities under tax net continues to be an uphill task,” the report said. Use of the dark web and virtual private networks (VPNs) based platforms for such have been cited as key challenges.
15.09 / 06:01
ETF
Aware
security
Trade
country
information
Sebi chair Buch traded in listed stocks, violating conflict-of-interest policy, alleges Congress
Sebi chairperson Madhabi Puri Buch has traded in listed securities worth about Rs 37 crore during her tenure at the regulatory body, violating its conflict-of-interest policy, Congress alleged on Saturday in a fresh salvo against her. The country's main opposition party also accused Buch of making investments abroad including in Chinese funds.
14.09 / 18:19
markets
Assurant
security
RAI
information
peace
3 terrorists killed in encounter in J&K's baramulla
Pattan in Baramulla district of northern Kashmir. The Jammu and Kashmir police informed that the encounter started late Friday night, following the inputs regarding the presence of militants in the area. «Three terrorists have been neutralized by the security forces in the ongoing operation. Weapons and war-like stores have been recovered,» read the official statement of Srinagar based Chinar Corps.
14.09 / 14:47
markets
Action
Experts
RAI
information
Department
Will ban liquor, meat shops in religious towns: MP CM Mohan Yadav; Congress appreciates
Madhya Pradesh Chief Minister Mohan Yadav has stated that efforts are being made to preserve the sanctity and blessings of the Narmada River, with plans to ban liquor and meat shops in religious towns across the state. Speaking to on Saturday, CM Yadav said, «By bringing together all state government departments, we have made an effort to maintain the sanctity and blessings of Maa Narmada. We will aim to ban meat and liquor shops in religious towns. I hope the decisions taken will be reviewed in November. This is not a one-day process; it is an ongoing one.» Meanwhile, the Congress party has welcomed the government's decision, calling it a sacred initiative.
14.09 / 08:12
markets
IPO
JPMorgan
Citigroup
stage
electronic
information
LG said to pick banks for $1.5 billion listing of Indian unit
Subscribe to enjoy similar stories. (Bloomberg) -- South Korea’s LG Electronics Inc. has picked banks for a potential initial public offering of its Indian business that could raise as much as $1.5 billion, according to people familiar with the matter.
14.09 / 06:37
markets
Provident
Citizens
Mobile
social
information
Updates
Aadhaar free update deadline extended to this date
UIDAI) has announced an extension for the free update of Aadhaar details, with the new deadline set for December 14, 2024. The Unique Identification Authority of India (UIDAI) has been encouraging citizens to review their Aadhaar card information, particularly those who received their Aadhaar cards more than ten years ago and haven't made any updates. Nevertheless, it is not obligatory to make these updates. UIDAI posted on social media X, «UIDAI extends free online document upload facility till 14th December 2024; to benefit millions of Aadhaar Number Holders. This free service is available only on myAadhaar portal. UIDAI has been encouraging people to keep documents updated in their Aadhaar.»
14.09 / 06:26
markets
Provident
Research
pandemic
Universities
information
Chatting with ChatGPT found to soften beliefs of conspiracy theorists
conspiracy theorists, believing some of the most deeply entrenched conspiracies, such as those involving the COVID-19 pandemic, a new study has found. A team, including researchers from the Massachusetts Institute of Technology, US, designed the AI-model ChatGPT to be highly persuasive and engage participants in tailored dialogues, such that participants' conspiratorial claims were factually rebutted by the chatbot. For this, the researchers leveraged advancements in GPT-4, the large language model powering ChatGPT, that «has access to vast amounts of information and the ability to generate bespoke arguments.» A form of artificial intelligence, a large language model is trained on massive amounts of textual data and can, therefore, respond to users' requests in the natural language. The team found that among over 2,000 self-identified conspiracy believers, conversations with the AI-model ChatGPT lowered the average participant's beliefs by about 20 per cent.
14.09 / 04:58
Target
Digital
Telegram
Platform
Research
Trade
information
Russian hackers hit Taiwan Stock Exchange and bank in a surprise attack
Russian hacker groups briefly disrupted Taiwanese financial platforms including the stock exchange and lender Mega Financial Holding Co.’s website, exposing the vulnerability of the island to foreign cyberattacks. Two groups that go by the handles “NoName057” and “RipperSec” on Telegram swamped targeted websites with a so-called Distributed Denial of Service attack, which caused unstable connection issues for the platforms Thursday afternoon, the Ministry of Digital Affairs said Friday. During the incident, the Taiwan Stock Exchange detected web queries from overseas internet-protocol addresses at volumes several times bigger than usual, the bourse said in a separate text message to Bloomberg News.
14.09 / 03:36
markets
FIVE
Election
information
reports
Department
US accuses Russian state media of 'covert influence activities', hits it with new sanctions
Russian state media and RT with new sanctions, accusing it of playing key role in carrying out 'covert influence activities' aimed at undermining American elections and democracies. The State Department said it is starting a diplomatic campaign to alert nations about the risks associated with RT activities and disclosed declassified US intelligence findings suggesting RT is completely integrated with Russia's intelligence operations worldwide. «We took these steps based on our conclusion that Rossiya Segodnya and these five subsidiaries are no longer merely firehoses of Russian Government propaganda and disinformation; they are engaged in covert influence activities aimed at undermining American elections and democracies, functioning like a de facto arm of Russia's intelligence apparatus,» the US Secretary of State, Antony Blinken, said on Friday.
13.09 / 21:48
markets
Fox
Platform
Football
information
Sporting
Al Nassr vs. Al Ahli: Global Kick-Off Times and How to Watch the Match Live
Cristiano Ronaldo's Al Nassr will face Al Ahli on Matchday 3 of the 2024/2025 Saudi Pro League. Here is information on how to watch this game live in your nation or on TV. On September 13, Al Nassr FC and Al-Ahli Saudi FC will play in the Saudi Pro League 2024–25 at Al Awwal Park in Riyadh, Saudi Arabia.
13.09 / 20:54
Blockchain
community
exclusive
information
Podcasts
Interviews
Bill Laboon, Director of Education at Web3 Foundation, on Polkadot’s 1000 Referendums, Centralized Points in Decentralized Polkadot, and Sprinkling Blockchain Dust | Ep. 369
Sead specializes in writing factual and informative articles to help the public navigate the ever-changing world of crypto. He has extensive experience in the blockchain industry, where he has served...
13.09 / 19:46
markets
Target
Digital
Telegram
Platform
Research
information
Russian hacker groups hit Taiwan bourse, bank in surprise attack
Russian hacker groups briefly disrupted Taiwanese financial platforms including the stock exchange and lender Mega Financial Holding Co.'s website, exposing the vulnerability of the island to foreign cyberattacks. Two groups that go by the handles "NoName057" and «RipperSec» on Telegram swamped targeted websites with a so-called Distributed Denial of Service attack, which caused unstable connection issues for the platforms Thursday afternoon, the Ministry of Digital Affairs said Friday. During the incident, the Taiwan Stock Exchange detected web queries from overseas internet-protocol addresses at volumes several times bigger than usual, the bourse said in a separate text message to Bloomberg News. Government websites and trading functioned normally on Friday. DDoS attacks are intended to overload systems rather than steal valuable information, and the stock exchange restored normal operations within a half-hour on Thursday. But the incident exposes the potential vulnerability of computing platforms in Taiwan, the world's biggest producer of advanced semiconductors and a potential flashpoint in a US-China conflict.
13.09 / 19:38
markets
Provident
Digital
Enterprise
information
Department
Piyush Goyal unveils two portals to resolve exporters' issues, bring transparency
Piyush Goyal, minister for commerce and industry, on Friday launched two digital initiatives to resolve issues faced by exporters, bring transparency, and make exports more convenient. The Jansunwai Portal provides exporters with necessary information, clarifications, concerns, find the status of complaints and a video-conferencing facility to directly speak to officials of the various departments concerned with exports. «There wouldn't be need for running behind officials, the intention of the government is that nobody ever is required to come to commerce department's various wings,» Goyal said on the sideline of the Board of Trade Meeting in Mumbai.
13.09 / 19:22
security
PwC
wellness
performer
country
information
International
China hands PwC a 6-month ban and fine over audit of the collapsed developer
Chinese authorities have banned the accounting firm PwC for six months and fined it over $56 million for its involvement in the audit of collapsed local property developer Evergrande
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