Mobile Financial News
11.03 / 00:09
COST
Digital
Platform
security
Mobile
Profiles
Neobanking startup Jupiter sees three senior exits amid crucial restructuring
Subscribe to enjoy similar stories. Bengaluru: The heads of three critical functions at digital bank Jupiter have resigned at a crucial juncture for the fintech startup, which is undertaking a cost-cutting and restructuring exerise.
10.03 / 18:57
markets
Platform
Mobile
RAI
prevention
Traffic
Airtel working on tech to wipe out scam, phishing
Bharti Airtel is working on a technology that will aim to eradicate online scam or phishing attempts through text messaging and calls for its more than 380 million mobile users, said a top official at India's second-largest telecom operator. The service, when ready, will prevent scamsters from misusing one-time passwords (OTPs) and online links, the official said. «We have not yet found the solution, but we are about 80% there. Once we crack a solution, there will be no fraud on the Airtel network,» the official said on condition of anonymity. The official, however, lamented that the proposed technology won't work on over-the-top (OTT) apps, which is «not right» for consumers, and called on the government and telecom regulator to bring OTT communication apps under the regulatory framework to check the menace.
10.03 / 09:59
UPS
Target
Progressive
Mobile
wellness
rights
3 great squat exercises to improve your strength and mobility
Subscribe to enjoy similar stories. The squat is part of the holy grail of fitness. It’s one of the first few exercises one learns when they set foot in a gym, or start training at home, or even take an outdoor activity like running or cycling—you just can’t avoid it.
10.03 / 09:23
security
Mobile
social
isolate
shock
Profiles
One contact number, two policyholders: What's wrong with ICICI Lombard's back-end
Subscribe to enjoy similar stories. Imagine logging into your insurance account, only to find a stranger’s policy details displayed instead. To make matters worse, imagine the stranger being mistakenly listed as your spouse.
09.03 / 08:49
markets
Citi
Platform
Mobile
Sustainability
wellness
country
Rapido in midst of 500-city expansion; mobility opportunity offers strong upside: Cofounder P Guntupalli
Rapido is in the midst of a 500-city expansion this year in India, a market where «vastness and depth» of mobility opportunity offers a high-growth upside, according to cofounder Pavan Guntupalli. On whether the company is eyeing an IPO in the near term, Guntupalli told PTI that Rapido is clocking healthy growth, is well capitalised and «will take a call depending on situation». The focus, for now, is on growth, he asserts. The commute app, which offers about 33 lakh rides every single day on its auto, bike taxi, and cab services expects to grow «sustainably».
09.03 / 01:01
markets
COST
Provident
FIVE
Mobile
Experts
5G’s cosmic ring: Unlocking global connectivity with non-terrestrial networks
NTN) along with terrestrial 5G has the potential to revolutionise the telecom industry by creating a seamless network, unlocking new revenue streams for telcos, according to experts. They added that the integration of NTN with terrestrial 5G could enable remote data services and maritime communications and will allow telecom service players to offer more reliable and high-quality services, ranging from ultra-low latency applications to high-bandwidth services. Unlike traditional mobile towers that beam signals to mobile phones, the 5G NTN standard leverages satellites in orbit to transmit connectivity, including data, to handsets on earth. NTN is now a part of 3GPP Release-19 specifications for 5G. 3GPP is a global body which specifies telecommunications standards that are followed by telcos, chipmakers and handset providers.
09.03 / 01:01
markets
FIVE
Manufacturing
Mobile
awards
track
ET Awards: India’s pragmatic outlook will help it emerge stronger, says Ashwini Vaishnaw
Ashwini Vaishnaw. India will emerge as one of the key players — not only in providing services but also a major technology creator in the age of artificial intelligence, he said at the 25th ET Awards for Corporate Excellence, where he was conferred the Reformer of the Year honour. “India will emerge very powerful, very strong (and) will come out with substantially better conditions,” he said. “The reason for that is the pragmatism with which we are approaching this entire thing.”
08.03 / 11:23
markets
Provident
Citizens
Mobile
Election
reports
International
Delhi CM approves Rs 2500 monthly aid in cabinet: How women can apply for it, documents required; check details
Also read: Maiya Samman Yojana: Rs 2,500 to be credited in only these women's accounts; check date and eligibility Delhi chief minister Rekha Gupta, while making the announcement on Women's Day, said, «Today is Women's Day. We had our cabinet meeting today, and our cabinet has approved the scheme — the promise that we made during the Delhi elections to provide Rs 2500 to the women. We made a provision of Rs 5100 crores in the Delhi budget for the implementation of the scheme. We have formed the committee, which will be led by me and the registration for the scheme will begin soon — a portal will be launched soon,» as per The Times of India report.
07.03 / 01:15
UPS
Provident
security
Mobile
show
information
Jaggi-led Gensol's debt woes much bigger than thought
Subscribe to enjoy similar stories. Mumbai: The debt troubles of Gensol Engineering Ltd, whose loans were downgraded to default by two rating agencies this week, are more pronounced than initially thought. Mint has learnt that Ahmedabad-based solar plant construction company has delayed repayments to one of its largest lenders, the Indian Renewable Energy Development Agency (Ireda), by up to two months.
06.03 / 17:41
markets
Mobile
Experts
social
reports
Updates
Santander Banking App Down: Users hit by outage, hundreds of customers unable to make payment
Santander banking services have been down in a major outage, leaving customers unable to get onto banking services, make payment transfers while facing other issues. This follows a series of outages across major high street banks, which have caused the apps of several leading banks to be briefly offline. Over 600 customers have reported issues with the bank on outage-tracking site Downdetector. The issue first arose around 12.30 pm today, with hundreds of users reporting problems across the bank’s services, and more than half of those reports flagging issues with payments, according to service status website Downdetector.
06.03 / 10:57
markets
Target
Mobile
Investigations
International
Babbar Khalsa terrorist with ISI links held in UP;wanted to target Maha Kumbh, says DGP
Babbar Khalsa International with «links» to Pakistan's ISI, who had planned a major terror attack during the Maha Kumbh, was arrested from Uttar Pradesh's Kaushambi district early Thursday, police said. The terrorist, identified as Lajar Masih, was nabbed in a joint operation by Uttar Pradesh STF and Punjab Police around 3:20 am. Addressing a press conference here, Uttar Pradesh Director General of Police (DGP) Prashant Kumar said Masih had planned a major terrorist attack during the Maha Kumbh in Prayagraj. «However, due to intensive security checks at the religious gathering, he failed to execute his plan,» he said.
06.03 / 07:31
markets
Manufacturing
Mobile
Sustainability
country
innovations
information
Ola Electric becomes first 2W EV manufacturer to bag PLI incentives
Ola Electric, India's largest electric vehicle company, has achieved a significant milestone by becoming the first two-wheeler automotive electric vehicle (EV) manufacturer in India to receive incentives under the Production Linked Incentive (PLI) Scheme for Automotive and Auto Component (PLI-Auto Scheme). The company has been granted a total incentive of Rs 73.74 crore for the Determined Sales Value of FY 2023-24 under the scheme, according to a stock exchange filing by the company. The PLI-Auto Scheme, launched by the Government of India, aims to boost domestic manufacturing in the automotive sector and promote the adoption of advanced, clean, and sustainable mobility solutions.
05.03 / 19:31
markets
Digital
Mobile
Experts
RAI
Schools
Foreign bidders may be allowed in BSNL's 5G network upgrade
telecom gear contract for upgrading Bharat Sanchar Nigam (BSNL) network to 5G, people familiar with the matter said. While a final decision is yet to be taken, this still marks a major shift in the government's thinking as it had till now backed only indigenous technology for the state-run carrier's 4G services, and also for 5G upgradation. The change in the government's stance comes amid growing recognition of the need to accelerate upgradation of BSNL's countrywide 5G mobile broadband rollout to boost its market competitiveness.
05.03 / 19:31
markets
Aware
security
Mobile
information
Courts
ParkMobile $32.8M settlement: Deadline to get file claim ends today, here's what you need to know
ParkMobile $32.8 million data breach settlement has become a major topic of concern for customers who were affected. A lawsuit has been filed against ParkMobile, accusing the company of stealing its customers' data. Nearly 21 million users have struggled due to this act of the company and are expecting to receive compensation. If you were impacted by the breach, be aware that Wednesday, March 5, is the final day to submit a claim. Here's all the information you need to know.
05.03 / 15:05
UPS
Manufacturing
CEO
Mobile
electronic
Tata Electronics to set up display chip manufacturing unit in Gujarat
Tata Electronics will set up a display chip manufacturing unit in Gujarat in partnership with Taiwan-based PSMC and Himax Technologies, a top official of the company said on Wednesday.
05.03 / 04:19
UPS
Target
security
Mobile
wellness
reports
China to raise defense spending by 7.2% in 2025 to ‘firmly safeguard’ national security
China on Wednesday increased its defense spending by 7.2% this year, the same growth rate as in the prior two years, as Beijing seeks to «firmly safeguard» its national security.
05.03 / 02:05
Digital
Mobile
economy
country
information
reports
rights
Infotech dividend: Going digital could boost India’s labour productivity
Subscribe to enjoy similar stories. One of the most famous quips about India that has long held good is British economist Joan Robinson’s “Whatever you can rightly say about India, the opposite is also true." A telling example is the contrast between our high position in the world’s GDP league table, where we rank third in terms of purchasing power parity, and our abysmal 119th spot when it comes to per capita income. But one measure on which we have unanimity, even among argumentative Indians, relates to the rapid adoption of digital technology.
04.03 / 15:31
markets
UPS
Citi
Manufacturing
Mobile
cover
electronic
Electronic city to be named after Late Ratan Naval Tata in Assam
Tata Group and its Chairman Emeritus, Late Ratan Naval Tata, the Assam Cabinet meeting has approved the naming of the entire area covered by the Assam Semiconductor & Electronics Logistics Park (ASELP), Jagiroad Tata OSAT Center, and the proposed township with social infrastructure as Ratan Tata Electronics City (RTEC), Jagiroad. The state government stated, “In recognition of the unparalleled contribution of the Tata Group and its Chairman Emeritus, Late Ratan Naval Tata (the first Assam Vaibhav awardee), the Cabinet has approved the naming of the entire area covered by the Assam Semiconductor & Electronics Logistics Park (ASELP), Jagiroad Tata OSAT Center, and the proposed township with social infrastructure as Ratan Tata Electronics City (RTEC), Jagiroad.” The Cabinet has passed a resolution expressing gratitude to Prime Minister Narendra Modi for his guidance and support to Assam in successfully organizing the Advantage Assam 2.0 Summit.
04.03 / 12:03
markets
Citi
Provident
CEO
Mobile
RAI
travelers
Daily commute service firm Cityflo to enter Delhi, aims to deploy 100 buses this year
Cityflo, a commute service firm, said it is entering Delhi to cater to the daily transit needs of corporate professionals. Founded in 2015 by IIT Bombay alumni Jerin Venad, Rushabh Shah, Ankit Agrawal, and Sankalp Kelshikar, Cityflo aims to provide an alternative commuting solution. The company has served over 2.5 million corporate professionals in Mumbai and Hyderabad. «Delhi's commuters are facing challenges with unreliable schedules and subpar vehicle conditions, even from global mobility players. We are here to change that narrative. Our commitment is to provide a dependable, comfortable, and seamless travel experience that professionals can count on every day,” said Jerin Venad, Co-founder and CEO, Cityflo.
04.03 / 08:43
Platform
Entertainment
Mobile
Experts
show
audience
social
Television producers, creators attempt new themes as social media, OTT exposure grows
Subscribe to enjoy similar stories. Television producers, writers and broadcasters are increasingly trying to evolve with the times as exposure to social media and online content grows.
03.03 / 18:41
markets
UPS
security
Mobile
inclusion
Schools
Chhattisgarh Budget's focus is infra growth in Bastar areas
Bastar region, through special schemes for roads and mobile towers. Finance minister OP Choudhary reduced VAT on petrol, thereby reducing the price by ₹1 per litre. He also proposed the setting up of a pension fund for all government employees. The government expects an 11% increase in income without imposing any new taxes. Choudhary said, «In the last budget we laid the foundation of inclusive growth with GYAN — Garib, Yuva, Annadaata and Naari… In this budget, I will mention the gameplan of GATI to achieve inclusive growth for GYAN. GATI means good governance, accelerating infrastructure, technology and industrial growth. GATI is essential not only for GYAN but also our long-term aim of 'Viksit Chhattisgarh' by 2047.»
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