Mobile Financial News
26.01 / 11:27
Booking
Mobile
economy
inclusion
travelers
Traffic
Republic Day 2024: Vistara launches special sale from January 26 to 28. Details here
₹1,950. The initiative will run from January 26 to 28 with discounts available across all three cabins - Economy, Premium Economy, and Business Class. Discounted bookings opened at midnight on January 26 and will continue till 23:59 hours on January 28.
26.01 / 09:34
COST
Manufacturing
CEO
Mobile
Sustainability
innovations
International
NOT
Not just FAME, EV industry wants FM Sitharaman to do these changes in Budget Bahi Khata
electric vehicle industry in India is advancing at a rapid pace. However, industry players note that it still needs some hand-holding as it is yet to mature. There is almost a consensus on the government continuing FAME subsidies in FY25. Along with that, many industry players have asked for GST parity for EV batteries, as well as financial incentives such as tax credits, subsidies, and low-interest loans. Here's what the industry players are asking from Finance Minister Nirmala Sitharaman. Hyder Khan CEO Godawari Electric Motors «I eagerly anticipate the upcoming budget with optimism and a fervent hope for increased support towards the electric mobility sector. The extension and enhancement of the FAME (Faster Adoption and Manufacturing of Hybrid and Electric Vehicles) scheme would be instrumental in propelling India towards a sustainable and eco-friendly future. Substantial subsidies for electric vehicles and related infrastructure would not only incentivize consumers but also bolster the growth of our industry. These measures will not only promote cleaner transportation but also stimulate innovation and job creation. I look forward to a budget that recognizes the pivotal role electric mobility plays in achieving environmental goals and economic development, and I trust that the government will continue to foster a conducive ecosystem for the electric vehicle industry to thrive.»
26.01 / 06:45
markets
Citi
Platform
Mobile
Analysis
beautiful
reports
Flipkart dominates with 48% market share, Meesho emerges as fastest growing e-commerce platform: Report
Flipkart was the market leader, with a 48% share in India eCommerce, growing faster than the industry." It identifies mobile and apparel as Flipkart's largest categories, constituting approximately 50% and 30% of its mix, respectively. Flipkart is estimated to hold 48% and 60% market share in the online smartphone and online fashion markets, respectively," the report stated.
26.01 / 05:11
Citi
Provident
Mobile
Pool
Sustainability
Parke
exclusive
Manglam Group launches Signature Elite in Jaipur, eyes Rs 200-cr sales by 2024
The Manglam Group on Thursday announced the launch of Manglam Signature Elite. Situated at the prestigious Narayan Singh Circle in Jaipur, Rajasthan, with seamless connectivity to all city roads and essential facilities, this retail-cum-commercial project offers spaces for premium corporate offices and showrooms.
26.01 / 03:49
Digital
Mobile
Interface
President
gatherings
Features
Videos
PM Modi, French President Macron interact over a cup of chai in Jaipur, use UPI for payment | Watch video
ANI, Raj Kumar Sahu, owner of the tea stall said, "We served the traditional sahu tea to French President Emmanuel Macron and PM Modi. French President praised our tea and used UPI to make a payment...." PM Modi also explained the Unified Payments Interface (UPI) digital payments system to Macron as the two leaders also visited a local shop during their visit to Hawa Mahal in Jaipur. UPI is a system that powers multiple bank accounts into a single mobile application (of any participating bank), merging several banking features, seamless fund routing, and merchant payments into one hood.
25.01 / 20:47
markets
Digital
Manufacturing
Mobile
wellness
Experts
social
Budget 2024: Higher capex for infrastructure likely with green focus
interim budget is likely to see higher capital expenditure on infrastructure, in line with the past three years, with a focus on green investment to meet the demand for earlier committed projects, and give a push to growth, create jobs, attract private investments and offset the impact of global uncertainty, said experts. «The interim budget is a working document and I don't expect a great radical shift in policy. This means that the government will continue to maximise public expenditure on infrastructure, both core and social,» said Vinayak Chatterjee, founder, The Infravision Foundation. He said the government needs to continue higher spending on infrastructure if it aspires for gross capital formation on infrastructure to be 8-9% of GDP. According to the Confederation of Indian Industry, rationalisation of subsidies, revenue augmentation and simplification of taxes could allow the government to increase the capex by 20% to ₹12 lakh crore.
25.01 / 18:38
markets
Aware
Mobile
wellness
Trade
cover
travelers
EU team heads to India for FTA talks, focus on services, investments
New Delhi: A 15-member team from the European Union (EU) will travel to New Delhi on 19 February for a week of deliberations on a free trade agreement (FTA) with India, two people aware of the matter said. The upcoming seventh round of negotiations is expected to centre on services and investments, building on earlier talks that covered goods and public procurement. Key issues include India’s trade disputes at the World Trade Organization regarding products like mobile phones and components, as well as integrated circuits and optical instruments, said one of the persons cited above, requesting anonymity.
25.01 / 18:38
Provident
Target
Mobile
Sustainability
Food
wellness
stage
Ola mobility biz turns profitable, sets sights on industry leadership
₹250 crore in FY23, compared to a loss of ₹66 crore a year earlier, according to a regulatory filing. “As Ola’s India Mobility business turns profitable in FY23..our focus on sustainable growth..has also set the stage for an exciting future of expansion and industry leadership," Bakshi said in a statement. The company is now divided into three business segments—Ola Mobility, Ola Financial Services and Ola Logistics—to streamline operations.
25.01 / 14:09
Manufacturing
Gap
security
Mobile
country
JSW Group enters defence manufacturing
₹250 crore defence ministry contract to produce 96 Specialist Mobility Vehicles (SMVs), branded as ATOR N1200. These vehicles are currently being manufactured in Chandigarh, with delivery commitments for June 2024.
25.01 / 14:05
markets
Digital
security
Mobile
trends
innovations
Editorial
Brazil’s Online Casino Sector’s Rising Trend of Crypto Payments
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
25.01 / 11:05
Platform
Mobile
Align
Sustainability
track
innovations
LABEL Foundation’s Tracks Launches Web3 Music dApp on LG Smart TVs
Tracks, the innovative Web3 music streaming dApp created by LABEL Foundation and built on the BNB Chain, is now available on LG Smart TVs running webOS 22 and webOs 23, globally. This pioneering launch introduces the first-ever Web3 music app on an LG smart TV platform, transforming how users engage with music streaming.
25.01 / 04:11
Waters
Mobile
Photos
electronic
reports
testing
JEE Mains 2024: NTA releases admit card for Paper 1 on jeemain.nta.ac.in; check important instructions here
Please check the following as indicated on the Admit Card: ➢ Reporting Time at Centre ➢ Gate Closing time of Centre ➢ Date of Examination ➢ Shift and Timings of Test ➢ Venue of Test As per NTA, candidates should only carryAdmit Card downloaded from the NTA Website (a clear, preferably colour printout on A4 size paper), One Passport size photograph (same as uploaded with the Online Application Form) is to be pasted on the Attendance Sheet at the Centre, A valid Photo ID Proof in ORIGINAL (PAN card/ Driving License/ Voter ID/Passport/ Aadhaar Card (With photograph)/E- Aadhaar/Ration Card/12th Class Admit card). It further stated that ID Cards issued by Schools/ Colleges/ Universities/ Coaching Centres, AADHAR enrollment receipts without AADHAR numbers, and PHOTOCOPIES OR Images Stored on mobile phones, etc.
25.01 / 01:21
security
Mobile
Research
wellness
electronic
Schools
Updates
regulatory
Regulatory sandbox, indigenous security ecosystem in MeitY plan
regulatory sandbox for the “functional security and validation” of Internet-of-Things (IoT) devices and work towards developing an “indigenous security ecosystem” for the cybersecurity of such devices. Additionally, it is also likely to push for the development of “indigenous tools for protecting and securing mobile apps”. For IoT devices, the IT ministry will also work with working groups to continuously update policies regarding the security of such devices.
24.01 / 23:25
Mobile
economy
Inside
social
reports
International
Destinations
Saudi Arabia opens its first liquor store in over 70 years as kingdom further liberalizes
A liquor store has opened in Saudi Arabia for the first time in over 70 years
24.01 / 23:25
24.01 / 15:47
UPS
Mobile
WhatsApp
love
recommendations
International
"Internal mobility at my bank is just an excuse for favoritism"
I have spent eight years working for a major British bank and now I have lost my job. I feel that I've been treated unfairly and that the internal mobility scheme was a kind of scam.
24.01 / 15:21
markets
Reuters
Mobile
economy
country
exclusive
International
open
Saudi Arabia to open first alcohol store in Riyadh for non-Muslim diplomats
RIYADH : Saudi Arabia is preparing to open its first alcohol store in the capital Riyadh which will serve exclusively non-Muslim diplomats, according to a source familiar with the plans and a document. Customers will have to register via a mobile app, get a clearance code from the foreign ministry, and respect monthly quotas with their purchases, said the document, which was seen by Reuters. The move is a milestone in the kingdom's efforts, led by Saudi Crown Prince Mohammed bin Salman, to open the ultra-conservative Muslim country for tourism and business as drinking alcohol is forbidden in Islam.
24.01 / 13:01
Manufacturing
Caterpillar
Mobile
wellness
Lattice
Gainwell Commosales to acquire TIL Ltd, invest Rs 1000 crore for expansion
Gainwell Commosales, India dealer of Caterpillar heavy equipment, on Wednesday acquired TIL Ltd (formerly Tractors India) and infused Rs 120 crore into the Kolkata-based construction equipment maker that includes Rs 70 crore for subscribing a preferential issue of equity shares. Gainwell, the Kolkata-headquartered capital goods manufacturer with presence in the mining, construction, energy, defence, railways, and heavy equipment sectors, plans to invest Rs 1,000 crore over the next three years with an aim to become a $1-billion company by 2028, a senior company executive said. The acquisition of TIL, done through group entity Indocrest Defence Solutions Pvt Ltd (IDSPL), is a strategic move to strengthen the company’s position in the heavy equipment manufacturing industry. A new six-member board of directors, headed by Gainwell chairman and managing director Sunil Kumar Chaturvedi as chairman and MD, replaced the previous TIL board on Wednesday. “The new management of TIL has devised a comprehensive two-year plan to revitalise the company that includes introducing new generational products as well as engineering and technology to refresh all its existing offerings,” Chaturvedi said. TIL’s product portfolio comprises a wide range of mobile cranes (rough terrain, truck cranes, industrial, and pick-n-carry cranes) lattice boom crawler cranes, reach stackers, and container handlers. The company also makes custom-made and application-specific defence equipment. Gainwell will use a mix of debt and equity to raise funds for its ambitious expansion plan.
24.01 / 09:03
security
Mobile
President
Inside
information
Features
Updates
HDFC Bank Mobile App: You will lose access unless your phone is updated and complaint for new verification process
HDFC Bank has started intimating their mobile app users through email and other communication channels that the app is going to be updated with significant changes to have enhanced cyber security features.
24.01 / 08:05
Provident
Booking
Mobile
President
Photos
Celebrity
Republic Day 2024: Parade time, ticket price, chief guest, and other details | Complete guide here
Republic Day parade, then you should know the parade time, venue, ticket price, and all other details. The Republic Day parade is scheduled to start at 10:30 am on January 26, running from Vijay Chowk to Kartavya Path. There will be a seating facility of around 77,000 people at the venue, of which 42,000 are reserved for the general public.
24.01 / 06:53
markets
Manufacturing
CEO
Mobile
Trade
reports
Schools
dutch
Dutch tech firm ASML says profits, sales jump in 2023
ASML, which supplies chipmaking machines to the semiconductor industry, reported Wednesday a rise in annual net profit despite a high-tech trade spat between China and the West. Net profits came in at 7.8 billion euros ($8.5 billion) for 2023, the firm said in its annual results statement, compared to 5.6 billion euros the previous year.
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