Mobile Financial News
09.08 / 12:37
Booking
Microsoft
Platform
Mobile
Xbox
electronic
Roblox misses quarterly bookings estimates on lower spending, shares tumble
(Reuters) -Gaming platform Roblox missed estimates for second-quarter bookings on Wednesday as waning demand for its online games and intensifying competition hurt growth, sending its shares down 8% in trading before the bell.
09.08 / 12:03
Digital
CEO
Platform
Mobile
Remark
Interface
Paytm's Co-Branded Credit Cards Capture Growing Market with 7.5 Lakh Activations
In the midst of a surge in disposable income and a notable increase in point-of-sale transactions on e-commerce platforms, the utilization of credit cards has witnessed a remarkable upswing. The Reserve Bank of India's data reveals that credit card expenditures have been scaling unprecedented heights each month. The insightful analysis of these evolving consumer trends has not only unveiled potential avenues but has also paved the way for tailored credit offerings.
09.08 / 08:03
UPS
Booking
Manufacturing
Mobile
Hyundai
country
View: Why India isn't wrong in restricting imports of PCs, laptops, tablets
domestic manufacturing is rightly placed. For nearly three decades from 1962 to 1988, car buyers in South Korea were forced to buy locally manufactured cars because the Korean government had imposed a ban on all imported automobiles till 1988 and the import of Japanese automobiles till 1998. Economist Ha-Joon Chang, in his book, Edible Economics, has talked about how until the early 1990, the Korean government made sure that Hyundai and other firms got access to high subsidised credits.
09.08 / 05:49
FIVE
Digital
Booking
Platform
Mobile
Software
track
Debt collections platform Credgenics secures $50 million in funding from Westbridge, Accel, others
Debt collections platform Credgenics has raised $50 million in a series B round of funding. Venture investors Westbridge Capital, Accel, Tanglin Ventures, and Beams Fintech Fund led the round, the company said in a release on Wednesday. Most of these investors had participated in its previous funding round in 2021.
09.08 / 05:25
Manufacturing
Strategy
Mobile
Apple
country
electronic
4 Stocks to Watch Out for as India Restricts Computer & Laptop Imports
laptops, tablets, and personal computers. According to the notice, from 1 November 2023, the import of these restricted items would now require a valid license. The new law implies that laptop and computer giants like Apple, Dell, Lenovo etc., cannot simply manufacture their products elsewhere and sell them in India.
08.08 / 21:17
COST
Target
Booking
Mobile
Software
Take-Two
Take-Two forecasts downbeat second-quarter net bookings on muted gamer spending
(Reuters) -Take-Two Interactive Software forecast second-quarter net bookings below Wall Street targets on Tuesday, in a sign that spending on games was under pressure amid persistent inflationary pressures.
08.08 / 17:35
McDonald's
Mobile
Nintendo
Time
end
Pokemon Presents August 2023: Start and end time, live streaming details and all you need to know
Beyond being a mere video game series, Pokémon has expanded into mobile games, health applications, and a thriving trading card game that has reached new heights. Here's a glimpse of when the broadcast kicks off, where you can catch it, and what you can anticipate from this event.
08.08 / 17:21
Citi
FIVE
Action
Mobile
social
NOT
Situation in Nuh not assessed properly: Deputy CM Chautala; internet ban extended till Aug 11
Nuh, where a communal violence erupted on July 31 during a religious procession. The state government has extended the suspension of mobile internet and SMS services in the district till August 11, where conditions are «still critical and tense».
08.08 / 17:21
Target
Mobile
ICE
Cummins
Tata Motors, JLR have extensive plans for electric vehicles: Chandrasekaran
Tata Motors India and its luxury arm Jaguar Land Rover have got extensive plans for electric vehicles but hybrid vehicles are not on the radar at present, Tata Motors Chairman N Chandrasekaran said on Tuesday. At Tata Motors' 58th Annual General Meeting (AGM) held virtually, Chandrasekaran also said the company is expecting to have 50 per cent of the vehicles at least as electric vehicles or green mobility vehicles. Subsidiary JLR has a target of having 65 per cent of the vehicles on green technology by 2030.
08.08 / 14:13
08.08 / 14:13
Mobile
services
Haryana violence: Mobile internet services temporarily suspended in Nuh till 11 August
ANI. Apart from this, curfew imposed in the district to be relaxed from 9 am to 1 pm on 9 August, said Nuh District Magistrate. This is a breaking story, it will be updated shortly.
08.08 / 14:13
Mobile
Premier League
Slash
GST impact: Mobile Premier League to slash 350 jobs
₹16,000 crore). As per their MCA filings, M-League Private Limited, the Singapore-based parent company that owns MPL, spent $92 million or ₹752 crore on advertising and promotional expenses in FY22, which was an 81% increase over FY21.
08.08 / 14:11
08.08 / 14:07
COST
Digital
Platform
Mobile
MPL lays off 350 employees, attributes cost cutting to increase in GST burden
Mobile Premier League (MPL) will lay off 350 staffers with an aim to control its costs that are expected to rise as a result of the increase in burden from goods and services tax (GST). In an email sent to the company’s employees on August 8, MPL cofounder and chief executive Sai Srinivas wrote, “Last week, it was confirmed that a 28% GST will be levied on the full deposit value rather than on gross gaming revenue (GGR). The new rules will increase our tax burden by as much as 350-400%.
08.08 / 14:07
Lowe's
Target
Manufacturing
Platform
Strategy
Mobile
Tata Motors to remain focused on profitability, growth and cash flows, says Chairman Chandrasekaran
Tata Motors on Tuesday said it will continue to remain focused on executing its strategy to deliver growth, profitability and free cash flows consistently. Addressing virtually Tata Motors shareholders at the company's 78th AGM here, chairman N Chandrasekaran also said that the domestic business is expected to achieve the 'zero debt' target by this fiscal while the subsidiary company JLR will achieve it in the calendar year 2024.
08.08 / 13:49
UPS
Digital
Progressive
Mobile
track
country
cover
Govt reviews preparations for G20 summit
leadership of P K Mishra, principal secretary to the prime minister. The meeting delved into various facets of the forthcoming G20 Summit, encompassing both substantive and logistical aspects. The 18th Heads of State and Government Summit of the G20 will take place in September 2023 in the national capital.
08.08 / 13:49
Mobile
Kandi
Suicide
IIT-Hyderabad woman student from Odisha dies by suicide in hostel room days after moving in
A 21-year-old post-graduate student of Indian Institute of Technology, Hyderabad (IIT-H) was found dead in her hostel room on the campus at Kandi in Sangareddy district of Telangana late Monday. Telangana police said the victim appeared to have died by suicide, reported PTI. The victim was from Dumri village of Sonapur district in Odisha and was pursuing her first-year MTech in civil engineering.
08.08 / 13:27
Booking
Progressive
Mobile
78% of parents in rural India aspire to educate their girls to graduation and beyond: Pan-India survey
parents of girls and 82% of parents of boys wanted to educate their children to graduation and above, a pan-India survey by Development Intelligence Unit (DIU) highlighting the progress in gender-neutral education among rural communities, has revealed. According to the report by DIU, a collaboration between Transform Rural India and Sambodhi Research and Communications, parents from rural communities firmly believe that a child's gender, whether a boy or a girl, should not hinder their educational aspirations. The study was focused on 6 to 16-year-old children in rural communities across 20 states in India.
08.08 / 12:47
UPS
Mobile
Apple
DELL
electronic
Why India wants to push homemade laptops
international trade of computers. China and Vietnam both have much greater comparative advantage—and, India’s advantage is greater in mobile handsets than computers.
08.08 / 12:09
Mobile
Airtel Pips Jio; Corners More Postpaid Subscribers | How Will Jio Respond? | Watch
The great Indian Telecom war is unfolding rapidly.... moreThe great Indian Telecom war is unfolding rapidly.
08.08 / 11:35
UPS
Booking
Mobile
Apple
DELL
MakeMyTrip
exclusive
emi
ICICI Bank launches new offers; get an iPhone 14 for EMI of ₹2,341 and more; check details
ICICI Bank announced the launch of 'Monsoon Bonanza' on August 8 to provide customers with a wide range of deals and discounts across categories including laptops, flights, mobile phones, hotel bookings, among others. The private lender is offering discounts and cashback of up to 50 percent, which can be availed using the bank’s credit or debit cards and internet banking. EMI offers are also available on credit and debit cards.
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