Mobile Financial News

Several months after the shutdown of the FTX exchange, users are grappling with persisting issues that have locked them out of their capital stored on the platform.

MUMBAI/ NEW DELHI : Billionaire Sunil Mittal backed telecom services provider Airtel Uganda Ltd, a subsidiary of Airtel Africa plc, plans to raise 800 billion Ugandan shillings or $216 million in an initial public offering (IPO), it said in a statement Tuesday. The company set the price for its initial public offering (IPO) at 100 Ugandan shillings (UGX) apiece, and will offer up to 20% stake or 8 billion shares, the company told the Uganda Securities Exchange. The IPO also fulfills regulatory requirements under which the company has to mandatorily list by 16 December.

Delhi Mayor Shelly Oberoi on Tuesday announced that the Municipal Corporation of Delhi (MCD) will start door-step delivery of 23 services from October onwards, an official release said. During a conference held at MCD Headquarter, she was accompanied by Deputy Mayor Mohd. Aaley Iqbal, Leader of House Mukesh Goel, and senior MCD officials. Mayor Oberoi informed that for the convenience of old and non-tech savvy citizens, MCD is planning to introduce door-step delivery of its 23 services.

climate change to create a multifaceted crisis. Addressing this demands a coordinated but customized approach to debt restructuring tailored to the unique circumstances of each nation’s debt structure. At the Voice of the Global South Summit, Prime Minister Narendra Modi in January 2023 stated, “As India begins its G20 presidency this year, it is natural that our aim is to amplify the Voice of the Global South." Reflecting this aim and guided by the theme of ‘One Earth, One Family, One Future,’ managing global debt vulnerabilities was adopted as a key priority of the Indian presidency.

By Marco Bello and Joseph Ax

Delhi Metro Rail Corporation (DMRC) Tuesday announced that Delhi Metro will be running around 106 extra train trips on its corridors to facilitate passengers on the festival of Raksha Bandhan on Wednesday, August 30, 2023. DMRC also said additional standby trains will also be kept for induction into services to clear the rush, if required.

₹50 lakh to startups and individuals engaged in technical textiles, the ministry of textiles said in a statement on Tuesday. The scheme, called Grant for Research and Entrepreneurship across Aspiring Innovators in Technical Textiles (GREAT), provides the grant-in-aid for up to a period of 18 months.

PMRTS and CMRTS), which are used to operate walkie-talkies. In the discussion paper titled ‘Review of Terms and Conditions of PMRTS and CMRTS Licenses’, the Telecom Regulatory Authority of India (Trai) asked whether there is a need to review the terms and conditions of PMRTS License and PMRTS Authorization under Unified License and if PMRTS providers should be permitted internet connectivity on static internet protocol (IP) addresses. The authority also sought comments on whether it is possible to deliver the PMRTS/ CMRTS, which are mission critical in nature, using 4G/5G network slicing or any other technology. “If yes, in what manner should the delivery of PMRTS/ CMRTS using 4G/ 5G network slicing be enabled in the license? What should be safeguards to ensure that the quality-of-service for cellular networks is not adversely impacted?” Trai sought to know in the paper released Tuesday. The paper follows a June 2022 letter by the Department of Telecommunications (DoT) requesting recommendations on the terms and conditions for issue of fresh licenses for CMRTS and PMRTS Services especially with respect to technical conditions and financial aspects, the sector regulator said in a notification Tuesday. The deadline for written comments on the discussion paper is September 26, and for counter comments, it’s October 10. The sector regulator observed that telecom technology has grown significantly over the past few years and asked if PMRTS providers should be made to keep pace. “Whether there is a need to mandate PMRTS providers to migrate to spectrally efficient digital technologies in a time-bound manner,” Trai asked industry stakeholders to comment. It asked for comments on Trai’s existing recommendations on the method

telecom services provider Airtel Uganda Ltd, a subsidiary of Airtel Africa plc, plans to raise 800 billion Ugandan shillings (UGX) or $216 million in an initial public offering (IPO), it said in a statement on Tuesday. The company set the price for its initial public offering (IPO) at 100 UGX a piece, and will offer up to 20% stake or 8 billion shares, the company told the Uganda Securities Exchange. The IPO also fulfills regulatory requirements under which the company has to mandatorily list by 16 December 2023.

Chandrayaan-3 lander and rover have spent roughly half of their intended time on the lunar surface. The two are designed to last one lunar day i.e 14 days on earth. Although, there are mechanisms to spring them back to life when the sun rises again after the long night.M Srikanth, Chandrayaan-3 mission operations director, in an interview with TOI said that the performance of Vikram and Pragyan so far and the overall health of all systems have increased hopes of the two coming back to life after the night (14 Earth days) passes. “Our priority is to ensure that the project objective of getting scientific data for one lunar day is achieved.

Wi-Fi systems has emerged, promising seamless coverage and lightning-fast speeds throughout your home. These systems not only help with staying connected at all times, but also come with multiple additional features, better speed and higher compatibility. So join us, as we have a look at the top options for home Wi-Fi along with the features they bring to the table.

August bank holiday list August 29 (Tuesday)- Thiruvonam- Banks are closed in Kerala. August 30- (Wednesday)- Raksha Bandhan- Banks are closed in Rajasthan, Himachal Pradesh. August 31- (Thursday)- Raksha Bandhan/Sree Narayana Guru Jayanthi/Pang-Lhabsol- Banks are closed in Uttarakhand, Assam, Kerala, Uttar Pradesh.

Reliance Industries Limited (RIL) Chairman Mukesh Ambani announced that RIL's Jio would introduce new AI systems, similar to OpenAI's ChatGPT, for India. Ambani expressed a commitment to provide AI accessibility to all Indians and lead in creating India-specific AI models and solutions. Interestingly, this announcement seems to follow OpenAI CEO Sam Altman's comments about India's AI efforts being "hopeless," which he later clarified as being taken out of context.

Wordle is a web based game word puzzle game. It is available at The New York Times website. Wordle was designed by Engineer Josh Wardle for his wife who loved word games.It was only fun and games till The New York Times bought the game for six figures. Wordle has become a morning tea ritual for people across the globe to solve the puzzle early on. It is becoming increasing popular day by day. Many Wordle like games later came in the market like Dordle, Quordle, Squabble, Heardle etc. Wordle can easily be played on mobile browsers and Pcs. It is free to play and can be played without any sign up formalities.

Gulf Oil Lubricants is on a lookout for more acquisitions in India and globally within the charging EV ecosystem as it seeks to strengthen its presence in the electric mobility segment where it’s a new entrant. This is even as the company plans to continue to focus on its core lube business. The Hinduja Group company announced acquiring a controlling stake in Tirex Transmission for Rs 103 crore on Monday.

BEIJING (Reuters) — China's BYD Co (SZ:002594) Ltd on Monday said first-half profit jumped 204.7% as the new energy vehicle maker broke its delivery record and retained its crown as China's biggest-selling auto brand.

By Aditya Kalra, Munsif Vengattil and Dawn Chmielewski

NASA and National Oceanic and Atmospheric Administration (NOAA). Meanwhile, Florida Governor Ron DeSantis has declared a state of emergency in 46 counties.

Exxon Mobil sees the world failing to reduce emissions fast enough to limit global warming to 2C (3.6F) above pre-industrial norms by 2050 due to soaring economic growth, particularly in developing countries.

By Jonathan Stempel and Mike Scarcella

Stocks that traded heavily or had substantial price changes on Monday: 3M, Boston Scientific rise; Abcam, NovoCure fall