Mobile Financial News

Flipkart Big Billion Days 2023 sale have been unveiled. The online shopping sale will start on October 8 and run for an entire week.

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Dixon Technologies surged 2% to hit a new 52-week high at Rs 5,379.8 in Thursday's trade on BSE after its wholly owned subsidiary- Padget Electronics Private Limited entered into an agreement with Xiaomi to carry out manufacturing of smartphones and other related products for Xiaomi. The manufacturing will take place at Padget’s manufacturing facility in Noida. Analysts say the deal will help Xiaomi India leverage Dixon’s status of being cleared to receive sops under the government’s production-linked incentive (PLI) scheme for mobile manufacturing. And for Dixon, it will mean another big-ticket contract, assuring revenue for its mobile manufacturing business, which contributed the largest — 46% — to its total revenue of FY4Q. Under the PLI scheme, Dixon has so far received around Rs 110 crore as incentives for meeting the incremental production targets.

Amazon Great Indian Festival draws near! Unveiling an unparalleled shopping experience, this event promises unbeatable prices, guaranteeing savings that will leave you delighted. Enjoy the convenience of secure payments and effortless returns, ensuring your peace of mind with every purchase. Opening each package will feel like unlocking a box of happiness, as we reveal unique offers and captivating deals across a diverse range of categories, including mobiles, electronics, home and kitchen essentials, fashion, beauty, and more. Plus, Prime members gain exclusive early access, while SBI cardholders can enjoy an extra 10% instant discount* (*T&C apply). Get ready to shop, save, and celebrate.

Meitei and Kuki communities since May 3, the Manipur government is likely to adopt a ‘one district, one force’ arrangement for better coordination of security forces. According to the arrangement, one paramilitary force will be responsible for maintaining a law and order situation in one district, Hindustan Times reported. A security official in Delhi informed that news outlet that the move will potentially reduce the possibilities of conflicts among forces in Manipur.

OpenAI temporarily disables ChatGPT's internet browsing feature: Here's why Notably, ChatGPT iOS users had received the update providing web browsing abilities as early as June but the company had to soon halt the feature after users started making use of the chatbot to access paywalled content. ChatGPT Plus and Enterprise can enable the Browse with Bing extension in the selector under GPT-4.

Germany will increase its police patrols along “smuggling routes” on the border with Poland and the Czech Republic in an effort to prevent more migrants from entering the country

William Wu’s third tour of the capital raise circuit in three years has eyebrows raised. Street Talk understands the crypto founder and Oaktree Capital alumnus is doing the rounds, this time seeking to raise $US5 million for a generative AI photography business.

Jio's mobile user gains were significantly higher than Bharti Airtel's in July, which analysts said indicated that the telecom market leader had cornered most of Vodafone Idea's churning customers coupled with stronger gains in rural markets. Latest data collated by the Telecom Regulatory Authority of India (Trai) showed Jio added 3.9 million mobile users in July while Airtel reported 1.51 million additions, partly weighed down by sharp tariff hikes taken in its base prepaid rates. Cash-strapped Vi lost 1.32 million customers, shrinking its mobile user base to 228.33 million as of end-July. Trai data showed Jio's mobile user base swelled to 442.48 million in July while that of Airtel rose to 375.24 million. The data indicated that the combination of Jio and Airtel's user gains and Vi's losses on this score triggered a 0.23% rise in India's mobile user base to around 1.146 billion as of end-July.

MNP) rules as it looks to include safeguards against SIM-swap frauds, it said in a circular Wednesday. The Telecom Regulatory of India (Trai) has sought stakeholder comments on the Draft Telecommunication Mobile Number Portability (Ninth Amendment) Regulations, 2023, by October 25. In addition to the existing cautionary measures the telcos are required to take while porting a number from one network to another, they will now need to check if the request is coming from a number that has undergone SIM swap or replacement in the 10 days prior to the request.

discussion paper, seeking stakeholder views on whether E-band (71-76 GHz and 81-86 GHz) and V-band (57-64 GHz) spectrum should be assigned via auctions for mobility use and whether the valuation of these airwaves should be benchmarked to the price of 5G millimeter waves (read: 26 GHz band) discovered in the August 2022 sale. In the paper, issued Wednesday, the regulator has also sought views on the overall scope of services/usage of E & V band spectrum resources as well as the charging mechanism if these are assigned via the administrative route. Separately, the Telecom Regulatory Authority of India (Trai) has also invited suggestions on whether any plans to assign E & V bands for space-based communications should be pushed back to a later date. “…auction-determined prices of mmWave bands for 5G, across all 22 licensed service areas is available from the recently concluded 5G auction in August 2022…it can be explored whether these prices can be used as a basis for valuation of E and V bands,” Trai said in its discussion paper issued Wednesday. Trai has also invited stakeholder views on the quantum of E & V band spectrum needed to meet the needs of telcos for access or `mobility use’.

air purifiers emerge as a beacon of hope. They offer the promise of breathing cleaner, healthier air, even in the face of environmental challenges. However, the selection of air purifiers for the Indian context must address unique and specific challenges that set the nation apart in terms of air quality concerns.

PoddL, a business management startup, has launched a platform for freelancers and creators in India to enable global work discovery and effortless cross-border payments. The mobile first chat-based platform has built-in tools for finding work across the globe, communicating, handling workflows and a simpler way to accept international payments.

midcap stocks demonstrated their resilience by surpassing their 100-day SMA. Let's explore the performance of these stocks. (Data Source: StockEdge) 1. Astral Astral Limited is a leading manufacturer of pipes and fittings for plumbing and agricultural applications.

Hindustan Times, adding that a draft memorandum of understanding (MoU) has been finalised after negotiations between the two sides. Taipei is looking towards New Delhi to address the manpower shortage in key sectors such as manufacturing, including factories, construction projects, household workers, and agriculture and fisheries, the sources claimed.

(Reuters) — More than 25 years ago, two students at Stanford University brainstormed in their dormitory and came up with an idea — to create an internet search engine that would organize web pages and also rank them.

Landmark net neutrality rules rescinded under former President Donald Trump could return under a new push by U.S. Federal Communications Commission chair Jessica Rosenworcel

Narendra Modi underscored the growing significance of technology in creating new avenues of employment, checking corruption, promoting ease of living, improving credibility and decreasing complexities. He stated that there is record investment in the country today and sectors from renewable energy and organic farming to defence and tourism have seen a spurt in job creation. Modi distributed virtually employment letters to 51,000 people at a Rozgar Mela on Tuesday.

₹1.5 trillion ($18 billion) cumulatively to companies in the online gaming sector for alleged underpayment of taxes over several years, three people aware of the matter said. Projections of such taxation notices come a day after Mumbai-based Sporta Technologies, which runs the popular fantasy gaming platform Dream11, filed a writ petition in the Bombay High Court appealing retrospective show-cause notices by the DGGI for FY18 and FY19.

JPMorgan's British retail bank Chase will ban crypto transactions made by customers from October 16 due to an increase in fraud and scams, the company said on Tuesday. «We've seen an increase in the number of crypto scams targeting UK consumers, so we have taken the decision to prevent the purchase of crypto assets on a Chase debit card or by transferring money to a crypto site from a Chase account,» a spokesperson for the bank said. Chase has become the latest lender in the UK to restrict customers' access to crypto amid long-running concerns over its use in online scams run by criminals. JPMorgan has attracted more than 1.6 million customers to its Chase retail bank since launching the mobile app-based service in Britain two years ago, and plans to roll out the consumer bank in other international markets over time.

State Bank of India (SBI) has rolled out a digital platform allowing NRIs to effortlessly open NRE (Non-Residential External) and NRO (Non-Resident Ordinary) accounts, encompassing both savings and current accounts, through its mobile application, YONO. This new service primarily caters to NTB or 'new to bank' customers, offering them a streamlined and efficient process for initiating their accounts with SBI. The introduction of this digital facility marks a pivotal moment, fulfilling a longstanding demand from NRI clientele who sought a hassle-free method for initiating and managing their accounts within India, the bank said in a statement. An NRE account stands as a bank account established in India under the name of an NRI, primarily utilized to house foreign earnings. In contrast, an NRO account is opened in the name of an NRI within India to manage income generated from various sources such as rent, dividends, pensions, interests, and more. Leveraging advanced technology, the bank has devised a seamless and digitized account opening process that emphasizes efficiency and precision, effectively making it a comprehensive solution for all NRI banking requisites.