Mobile Financial News

Just last month, Israeli Prime Minister Benjamin Netanyahu predicted a new era of peace and prosperity in the Middle East, based on growing acceptance of Israel within the region

Samsung Electronics has reported its highest quarterly profit for the year

Nokia's Chief Licensing Officer Arvin Patel said the lawsuits were filed in the United States, Germany, India, the UK, and the European Unified Patent Court. Patel added that the legal action targets Amazon's alleged use of Nokia's technologies in streaming services and devices. Additionally, a separate lawsuit was filed against HP Inc.

Barely a week after the government declared the Bharat National Cyber Security Exercise 2023 a grand success, personal data of 815 million Indians, including Aadhaar numbers, phone numbers and addresses, started being hawked on the black web. Cybersecurity is different from other areas such as, say, tourism promotion: mere enthusiasm isn’t sufficient. What’s needed is an effective strategy, policy, regulation, technical standards, enforcement agencies, continuous training, user vigilance, and investment in quality education.

Bharti Airtel reported healthy subscriber additions and a 1.5% quarter-on-quarter rise in ARPU, brokerages maintained a buy rating on the stock saying that moderating capex will support deleveraging of $7 billion over FY25-26 which should add to stock returns. «Bharti's encouraging performance continued in 2Q with higher postpaid/4G subscriber additions, higher margin in India, higher growth in Africa and strong FCF generation being the key highlights. We maintain our rev/Ebitda estimates and expect Bharti to deliver 16/17% India revenue/EBITDA CAGR over FY24-26,» Jefferies said. The stock was trading 0.5% down on BSE on Wednesday at Rs 910 after the company reported a 37% year-on-year fall in its net profit to Rs 1,341 crore.

Taiwan’s Criminal Bureau’s Electronic Investigation Team busted a major crypto money laundering operation, involving $320 million worth of USDT.

social media conglomerate Meta on Monday said it would start offering the users of its platforms in the European Union, European Economic Area and Switzerland a 'subscription option' to keep Facebook and Instagram «ad-free». The subscription option ranges from 9.99 Euros per month for the web version to 12.99 Euros per month for the app versions. Meta said it is introducing subscription options for users to comply with the new regulations in the European Union. The company will continue offering ad-supported versions for users in these regions and use the browsing data or user data to serve them personalised items.

NEW DELHI : Taiwan may get a “representation" in the International Solar Alliance (ISA), said two people aware of the development, a move that underscores sharpened rivalry between India and China. Although Taiwan has sought membership of the alliance, ISA is unlikely to accord it full membership as it is not recognized by the United Nations. The ISA is the first treaty-based international government organization headquartered in India, and it has been a key part of India’s foreign policy outreach to the developing world.

Andhra Pradesh that killed at least 14 people, the Railway Board has issued directions to all zones to conduct an intensive two-week safety dive from October 31. «Recent cases of SPADs (signal passed at danger) and accidents call for a resolve to strengthen alertness and enforcement of laid down practices and protocols in train operations,» the board said in a letter sent to the general managers of all railway zones on October 30.

Consolidated net profit (after exceptional items) for India’s second-largest telco fell for the second consecutive quarter to Rs 1,340.7 crore in the July-September quarter from Rs1,612.5 crore in the preceding quarter and Rs 2,145.2 crore a year earlier. Airtel’s net income (before exceptional items), though, rose 44.2% on-year and 2% sequentially to Rs 2,960 crore. “This decision (court ruling) does not alter the total amount of VLF allowed as deduction over the licence period but creates a timing difference wherein later years would have a higher deduction,” the company said in its earnings statement Tuesday. As a result, Airtel has made a tax provision of Rs 226.3 crore and included the interest charge on the matter amounting to Rs 1,350 crore as part of the exceptional items, it added. “Additionally, exceptional items include a charge of Rs 2,203 million (Rs 220.3 crore) on account of re-assessment of regulatory levies.

The feature was recently released as part of a software upgrade to Android 14-based OneUI 6, and adds to Samsung’s arsenal of security and privacy innovations. Auto-blocker is an opt-in package of additional security measures that gives users more choice as they explore the customisations enabled by Samsung Galaxy’s open ecosystem, the Korean major said. “At Samsung we constantly strive to keep our users safe from security attacks, and with the introduction of Auto Blocker users can continue to enjoy the benefits of our open ecosystem, knowing that their mobile experience is secured,” said Seungwon Shin, Head of Security Team, Mobile Experience Business at Samsung Electronics. “We always seek to empower our users to choose for themselves what best suits their needs — rather than us deciding on their behalf, and Auto Blocker is no exception to that.” Among the many things the tool can do, Auto Blocker can prevent app installations from unauthorised sources.

Shimla: July-August 2023 is a period Girish Minocha would dearly like to forget. But each day, he continues to experience the impact of the tragedy that played out in Himachal Pradesh during those two months after the state was battered by heavy rains. Minocha is the chief executive officer of Minchy’s Food Products, a Shoghi-based company that processes apple juice, apple cider vinegar, jams and marmalades, among other items.

NPS). Clarifying the eligibility norms, the Department of Pension and Pensioners’ Welfare (DoPPW) issued an Office Memorandum dated October 20, 2023.

seat belts, according to a report by Ministry of Road Transport and Highways (MoRTH). Of the casualties, 8,384 were drivers while the remaining 8,331 were passengers, according to the report titled 'Road accidents in India — 2022'. A total of 4,61,312 road accidents occurred in 2022, claiming 1,68,491 lives and leaving 4,43,366 people injured.

The party leaders said it is for the mobile company to explain the issue. Senior BJP leader Ravi Shankar Prasad slammed the opposition for targeting the government without taking up the matter with Apple and dared its leaders, who have received it, to file a criminal case (FIR).

digital payment company Worldline, which deploys point-of-sales terminals at merchant outlets, on Tuesday said it has started direct merchant acquisition business in India. It has also launched a new business application on its new generation Android-powered smart terminals which can help merchants accept payments, reconcile their daily sales, access business loans and offer pay later options to their customers.

President Joe Biden joined United Auto Workers in Michigan on the 12th day of their strike against major carmakers.

moderate growth in volumes in FY24, but a sustained recovery in demand sentiments remains to be seen, amid concerns over the impact of an uneven monsoon on rural demand, ratings agency ICRA said on Tuesday. The industry has been on a comeback trail over the past two years, aided by a recovery in economic activities and increased mobility although the pace of revival across the various automotive segments has been somewhat mixed, ICRA said in a statement.

Aadhaar Letter, Aadhaar PVC card, eAadhaar and mAadhaar. All forms of Aadhaar are equally valid and acceptable. Individuals who wish to have a pocket friendly aadhaar can opt for Aadhaar PVC card. «Order Aadhaar PVC Card» is a new service provided by UIDAI that allows Aadhaar holders to have their Aadhaar details printed on a PVC card for a small fee. After the request is submitted, Aadhaar PVC will be provided via India Speed Post service to the registered address in 15 working days. SBI, Bengaluru Police Commissioner, Kolkata police warn about this Aadhaar fraud; 2 ways to lock Aadhaar biometrics According to the UIDAI social media post on X (previously known as Twitter), “You can order Aadhaar PVCcard, which is durable, secure, and convenient to carry in your wallet. “

National Pension System (NPS) fund withdrawals. 1)PFRDA has provided the facility of Systematic Lump Sum Withdrawal (SLW) for NPS subscribers. “…it is proposed to provide the option of phased withdrawal of the lump sum through Systematic Lump Sum Withdrawal (SLW) facility," the PFRDA said in its circular dated 27 October 2023.

SMS fraud. And it’s judicious that you are seeking the right kind of advice so that you are never faced with any such instance again. I understand that a lot of our customers often rely on text messages from insurers to remind them of their renewal payments, hence it is critical that you are certain about the authenticity of these messages before you click on any link.