Innovations Financial News

Mumbai, September 27, 2023: E-Revbay Pvt. Ltd., a fintech start-up, introduces two game-changing D2C products, My Loan Bhai and Car Par Loan, to revolutionise credit decision-making for customers seeking loans from banks and NBFCs. Both of these customer-facing websites aim to make a customer’s loan journey intelligent, transparent, and easy.

Considering remote working from overseas? Join the growing segment of untethered persons: In the US alone, 17.3 million Americans, 11% of the workforce, now identify as digital nomads—traditional jobholders and independent workers—an increase of 2% from 2022, according to the August 2023 report from US workforce management company MBO Partners. Another 70 million are either planning to become digital nomads over the next two to three years or are considering it. 

Trai) has outlined three options – auction, non-auction, and hybrid – for ways to allocate frequency in the 6 GHz spectrum band (5925 MHz-7125 MHz) as part of a white paper on the 6 GHz band. The 6 GHz spectrum band has been a bone of contention between the India telcos Reliance Jio, Bharti Airtel and Vodafone Idea on one side and tech giants like Amazon and Meta on the other. While the telcos want the spectrum band to be auctioned, or allocated through the licensed route, the tech lobby has called for it to be sanctioned under the unlicensed route, or allotted without auctions. As part of the hybrid route, Trai said that the lower part of the spectrum band (5925/5945-6425 MHz) can be assigned for unlicensed use and the upper part (6425-7125 MHz) for licensed use. While giving the allocation options in a white paper issued recently, the sector regulator has also outlined the pros and cons of the proposed methods. “The allocation of the 6 GHz band for licensing is one of the considerations in the field of wireless communications, especially demanded by TSPs (telecom service providers) for 5G deployment,” Trai said in the paper. It said that there is a significant challenge in making spectrum available for 5G use in the C-band (3.3-4.2 GHz) due to the presence of existing users and usage.

Fujifilm Business Innovation on Wednesday announced its foray into the office printer business in India to tap the high growth potential. India will be the 15th operation for the company in the Asia Pacific (APAC) region for the office printer business and is targetting government offices as one of the main customers, Fujifilm Business Innovation Asia Pacific Pte Ltd President Masatsugu Naito said.

TG Casino ($TGC) is a new crypto casino offering a convenient and anonymous gambling experience directly from the Telegram social media application. Telegram has over one billion users, and the crypto casino industry is booming. These factors point to significant potential for the project.

₹15.56 crore from anchor investors on Tuesday, September 26. Vinyas Innovative IPO price band has been set in the range of ₹162 to ₹165 per equity share of face value of ₹10 each.

(Exciting news! Mint is now on WhatsApp Channels. Subscribe today by clicking the link and stay updated with the latest financial insights! Click here!) Jain is a senior banking professional with three decades of work experience which includes 23 years in Standard Chartered Bank. He has worked in diverse geographical locations throughout India serving all client segments like Large Local Corporates, Strategic Groups, Middle Market Companies, Supply Chain Finance, Transaction Banking sales, Multinational Corporates, Financial Institutions, and SMEs.

dirigiste industrial policy. So far Congress has authorised at least $80bn in place-based spending (according to the Brookings Institution, a think-tank), disbursed through a range of competitive grants. The biggest-ticket items include funding authorised in the CHIPS Act, passed last year to spur American semiconductor manufacturing.

Rigi, a pioneer in empowering online creators to monetise their content, is thrilled to announce the launch of GapUp, a curated discovery platform designed for users to access and learn from influencers and online content creators across a multitude of domains. This groundbreaking platform is poised to address the pressing demand for authentic and trustworthy information in the rapidly expanding digital landscape. GapUp promises to be the nexus of expertise, bringing together financial experts, fashion mavens, tech innovators, business coaches, fitness experts, travel gurus, and more. With features that enable influencers to initiate courses, live interactions, and foster vibrant communities, GapUp ensures an immersive learning experience for its users. As the global shift towards the digital age accelerates, consumers are inundated with a plethora of information.

payment company Worldline, which works with banks to deploy Point-of-Sale (PoS) terminals at merchant outlets for card payments, is undertaking a major shift in its business strategy in India. The company is acquiring its own merchants as part of a broader strategy to compete with homegrown fintech startups such as Paytm, Pine Labs, Innoviti Payments, Mswipe and Razorpay-backed Ezetap. Worldline has deployed 500,000 payment terminals so far across India on behalf of banks.

ETF provider Betashares is acquiring Bendigo Bank’s superannuation arm as part of its bid to take on the $3.5 trillion super sector and establish itself as a broader financial services outfit.

The time-consuming and expensive process of drafting a commercial contract for construction projects has been a sore point for both law firms and their clients for decades.

When the doors to the Boola Katitjin building opened at Murdoch University’s campus this February, it was a triumph for sustainable construction given its status as the largest mass engineered timber (MET) building in Western Australia.

By David Shepardson

Elke Pascoe, founder and chief executive of infant formula group LittleOak Company, says it’s crucial that budding entrepreneurs let criticism bounce off them, and have the ability to “fiercely protect your dream”.

Placing and detonating explosives at the face of an underground mine has always been a dangerous environment for mine workers.

Electric vehicles are slowly making headway in Australia, with about a sixth of all new vehicles sold in Australia being either full battery electric or a hybrid version.

The head of SBS corporate strategy has laid out an ambitious vision to be able to deliver bespoke content in the language of any user’s choice, enmeshing the specialist broadcaster in the daily media diet of foreign-language speaking Australians.

At the launch of the world’s first gene therapy for haemophilia B in late 2022, there were tears.

Household energy users who set out to electrify their homes and reduce their emissions footprints often don’t know where to start, says AGL.

More than 145 people go missing in Australia every day. But attention is rarely given to the several thousand loved ones who have been left behind.