Innovations Financial News
07.06 / 09:39
markets
Provident
Platform
security
awards
Trade
innovations
regulatory
Sebi recognised for innovative regulatory practices by The Asian Banker
Sebi has been given 'Best Conduct of Business Regulator' award in Asia Pacific by The Asian Banker for its role in enhancing the regulatory framework for securities markets in India. The award was received by Sebi's Whole Time Member Kamlesh Chandra Varshney in a ceremony held in Hong Kong. «This authority (Sebi) has been actively working towards instantaneous settlement. In 2021, T+1 settlement was introduced in a phased manner, which was fully implemented from January 2023. This move has provided investors with faster access to their funds following trade execution and settlement, enhancing market efficiency and liquidity,» The Asian Banker said in a statement.
07.06 / 07:45
country
innovations
Flipkart Launches Inverter Batteries in Partnership with Livguard
https://www.flipkart.com/j9e/~cs-a36tejyj8v/pr?sid=j9e&collection-tab-name=Inverter+Batteries&pageCriteria=default&cmpid=social_org_external_campaign_LM_Inverter_BatteriesBesides, Flipkart plans to enhance the current customer purchase journey and post-purchase experience by improving product installation, uninstallation and product exchange services. Also, it will focus on no-cost EMIs and bank and Super Coin offers to drive affordability.For the unversed, Livguard aims to redefine energy storage solutions through its automotive batteries, inverters, and residential solar solutions.
07.06 / 07:11
markets
CEO
community
country
innovations
reports
rights
‘India set to have world’s largest developer community,' says GitHub CEO Thomas Dohmke
'Buy stocks before June 4!': Rahul Gandhi blames Modi, Shah for ‘share market scam’, investors' ₹30 lakh crore lossHe also acknowledged about India's potential to become home to the world's largest developer community in the "age of AI"."India is at the nexus of monumental economic opportunity, as it is set to become the world’s largest developer community at the exact point in time the age of AI is taking off. More from me on this soon," he stated.Also Read | RBI to allow auto refill of UPI Lite wallet soon, here’s what Governor Shaktikanta Das said…In subsequent posts throughout the week, Dohmke was all praise for the country's "vivid creative expression" and AI innovation."It’s not just how you will build with AI, it’s the AI innovation you will build right here in India.
07.06 / 06:47
COST
Platform
Interface
Diversity
innovations
Schools
TCS launches GenAI platform WisdomNext
TCS) on Friday said it has launched a Gen AI platform WisdomNext. The platform aggregates multiple Generative Artificial Intelligence (GenAI) technologies into a single interface and enables companies to rapidly adopt next-gen technology at scale, lower costs and operate within a regulatory framework, the company said at the launch event. «TCS AI WisdomNext helps our customers take advantage of GenAI to unlock the full potential of their data, drive greater business innovation and efficiency, and gain a competitive edge,» said Siva Ganesan, Head, AI.Cloud Unit, TCS.
07.06 / 03:31
markets
Digital
Platform
Enterprise
trends
inclusion
innovations
Fintechs and NBFCs can solve credit issues for SMEs and MSMEs, says Vikas Singh of Sugmya Finance
MintGenie, Singh said that fintechs and NBFCs can play a considerable role in solving the credit accessibility and creditworthiness of SMEs and MSMEs.India’s micro, small, and medium enterprises (MSME) sector, the second largest in the world after China, is poised for significant growth in the future. The landscape for MSMEs is being shaped by various key trends in 2024, presenting both opportunities and challenges in a rapidly evolving business environment.
06.06 / 21:51
UPS
CEO
love
Justice
innovations
British tech magnate Mike Lynch acquitted of fraud charges in $11 billion deal with Hewlett Packard
the trial finally began in mid-March. Lynch, 58, had been free on $100 million bail. Being accused of a massive fraud represented a dramatic turn in fortune for an entrepreneur once described as the Bill Gates of Britain — a title he seemed to live up to when he negotiated the Autonomy sale that generated a more than $800 million windfall for him.
06.06 / 13:41
markets
Strategy
Analysis
Sustainability
Diversity
innovations
Department
IIT Delhi launches Certificate Programme in Data Analytics for Business Applications
Certificate Programme in Data Analytics for Business Applications.This high-impact 7-months programme is meticulously designed for professionals from diverse backgrounds. It caters to early professionals seeking to elevate their understanding of data analytics for adept decision-making.
06.06 / 13:41
markets
CEO
wellness
Experts
beautiful
innovations
Features
VLCC launches ‘Clinic Range’ a premium regime-based solution for skincare concerns
National, 6th June, 2024: VLCC, one of the largest beauty and wellness brands in the world, expands its product portfolio with launch of revolutionary skincare range ‘VLCC Clinic’. Backed by scientific formulations, the new range embodies the group’s 35 years of expertise in skincare and wellness while catering complete skincare solutions.
06.06 / 12:21
Provident
Healthcare
concert
innovations
information
patient
Features
Pre-term baby gets new lease of life with novel Giraffe Incubator
proprietary Baby Susan technology enables the baby to be easily repositioned, reducing negative touch and stimulation, while improving procedural success. The comprehensive design of the Giraffe Incubator Carestation also factors in intrahospital transport, with the Giraffe Shuttle, that provides continuous warmth during transit in addition to promoting the growth and stability of even the most fragile of patients.
06.06 / 10:45
Strategy
innovations
FIF 2024: 'Cookie cutter' SDR could hinder product innovation
Speaking at Investment Week's Future of Investment Festival on Wednesday (5 June), Charlie Thomas, CIO at EdenTree, argued that the way the four SDR fund labels were set out resembled a «cookie cutter», as strategies will need to abide by a very strict set of rules and criteria to be able to obtain one. As such, this aspect of the regulation could hinder the development of innovative products, which he said is an aspect «crucial» for consumer choice in the long term. However, Thomas also noted that the «biggest line in the sand» that is SDR has started to change the way the industry t...
06.06 / 06:47
markets
Apple
Software
performer
innovations
Features
Mint Explainer: Why tablets failed to do what they promised—kill basic laptops
Mint poll of four analysts, based on market researcher IDC India’s 2023 annual PC shipments data, estimated around 1.2 million tablets to have been shipped last year. This figure has remained stagnant—even as laptops saw a boost driven by the covid-19 pandemic’s work-from-home era. Why, though, did the claims not work out? Is there still time, or have tablets decidedly failed to do what they promised—take over the segment of mainstream laptops? Mint decodes.
05.06 / 18:25
Digital
Fighting
Strategy
performer
country
innovations
cricket
Accenture inks three-year sponsorship deal with MI New York
Accenture has signed a three-year partnership with Major League Cricket Champions MI New York, where it will serve as its principal partner. Under the partnership, the Accenture logo will be visible on the front of MI New York match and training jerseys.
05.06 / 16:15
Provident
Enterprise
awards
Experts
Koss
innovations
stars
Nominations now open for Women to Watch Awards
It’s that time of year once more. If you know a female advisor worth highlighting, now’s your chance to nominate who you think is the sector’s best and brightest for InvestmentNews 2024 Women to Watch Awards.
05.06 / 15:51
markets
Google
Mobile
innovations
reports
Features
Oppo collaborates with Google, Microsoft, and MediaTek for AI innovation; files over 5,000 patents globally
OPPO AI Centre in Shenzhen, aimed at consolidating resources and fostering the systematic development of AI capabilities in areas including image processing, computer vision, speech technology, natural language processing, and machine learning. IDC's latest report, “Time to Democratise the Impact of AI Tech," highlights the significant potential of this market, predicting a 250 percent growth in shipments of AI-enabled phones priced under $1000, reaching 35 million units in 2024.
05.06 / 12:43
markets
CEO
Tether
Bitcoin
inclusion
innovations
Financial
Tether Invests $18.75M in XREX Group to Boost Financial Inclusion and Cross-Border Payments
Tether has invested $18.75 million in XREX Group to enhance cross-border payments and foster financial inclusion in emerging markets.
05.06 / 10:47
Blockchain
Ethereum
Digital
Platform
Universities
stage
innovations
Bank-backed DLT-based CBDC platform Project MBridge reaches MVP stage
The project aims to explore a multi-central bank digital currency (CBDC) platform shared among participating central banks and commercial banks, built on distributed ledger technology (DLT) to enable instant cross-border payments and settlement. It is the result of extensive collaboration starting in 2021 between the BIS Innovation Hub, the Bank of Thailand, the Central Bank of the United Arab Emirates, the Digital Currency Institute of the People's Bank of China and the Hong Kong Monetary Authority.
05.06 / 10:25
Career
Mobile
Software
students
Universities
Diversity
innovations
Next-Gen Tech Training: Parul University Launches Innovative Online MCA Program
India 5th June 2024: Parul University, recognized for its commitment to educational excellence, is proud to announce the launch of its Online Master of Computer Applications (MCA) program along with other specialized online courses. These programs are carefully designed to equip students with critical skills in high-demand areas of computing and technology, ensuring alignment with industry needs and future career opportunities.According to Dr. Devanshu Patel, President of Parul University, "Our online programs are a testament to our unwavering commitment to making exceptional education accessible. By merging a forward-thinking curriculum with superior learning resources, we prepare students to thrive and lead in the competitive landscapes of their respective industries."The Online MCA program offers a robust curriculum covering key areas such as software development, database management, cybersecurity, artificial intelligence, and mobile application development.
05.06 / 10:25
FIVE
Art
awards
track
social
innovations
Women-led philanthropy will improve the act of giving
Philanthropy has been practised by Indian companies for more than a century. Over the last few decades, some of it came to be led by women spouses of business leaders through corporate foundations, often with corporate social responsibility (CSR) activities playing a supportive role. But today, women in India and overseas are playing independent and impactful roles of leadership in philanthropy, bringing to their work distinctive styles and refreshingly innovative approaches.
05.06 / 09:55
Platform
Fighting
Boxing
community
Celebrity
innovations
Features
Fight Night Launches its Crypto Presale – An Iconic Meme Coin Tribute to Legendary Fighters
FightNight (FNIO) launched its presale on June 3rd. The project is bringing a blend of celebrity culture, innovative gaming, and cryptocurrency to the market.
05.06 / 09:55
markets
Provident
Platform
security
community
innovations
Features
Memereum: The Future of DeFi with Comprehensive Insurance, Lending, Staking, and DeFi Debit Cards
Memereum has rapidly established itself as a standout project in the decentralized finance (DeFi) space, offering a unique combination of services that redefine traditional finance. With its broad suite of products—including insurance, lending, staking, and DeFi debit cards—Memereum is poised to become a leading force in the multi-billion dollar DeFi market.
05.06 / 08:19
markets
UPS
Digital
Manufacturing
Parke
Highways
innovations
Modi 3.0: What the PM may focus on for India's transformation into Viksit Bharat
As Prime Minister Narendra Modi embarks on his third term, let’s call it ‘Modi 3.0,’ expectations run high of transformative policies aimed at solidifying India’s position as an economic powerhouse. Modi’s letter to the nation after his 45-hour meditation in Kanyakumari suggests Modi 3.0 plans to hit the ground running.
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