Mobile Financial News

Chandigarh for Himachal Pradesh's Manali on July 9, have been missing since then, relatives said on Monday. The relatives have approached the Ayodhya police after they came to know that a bus had an accident on the night of July 9 in the Himachal region and feared that the eleven may have boarded the same bus.

Mobile payments are being effortlessly accepted in every nook and corner of the country. Paytm’s superfast innovations and technology like Soundbox and QR code have been shown to not only empower merchants but also simplify mobile payments making people go cashless. In fact, there are several small merchants and youngsters who are the proud ambassadors of Paytm’s pioneership in mobile payments.

GANDHINAGAR : Harnessing private capital is a key challenge for multilateral development banks (MDBs) as the risk-return ratio is not feasible, says NK Singh, who along with former US treasury secretary Lawrence Summers is the co-convenor of a G20 expert group on strengthening MDBs. The first part of the report on developing MDBs by the expert committee will be made public today. India is trying to leverage the G20, of which it holds the rotating presidency this year, to make MDBs more effective for loans to developing countries.

Reliance Industries (RIL) has demerged its financial services arm - Reliance Strategic Investments, which will be renamed and listed as Jio Financial Services on July 20. The demerged entity will also be included in the Nifty 100, Nifty 200, and Nifty 500 indices, as well as other sectoral indices, the National Stock Exchange said on July 17.

An Indian senior-level Qualcomm employee, who joined the company just one year ago, and was laid off recently, has took to the social media site LinkedIn to share his ordeal and is seeking help in finding a new job in the US before he runs out of time granted by his H1B visa. It is important to note that the H-1B visa, which allows skilled workers from other countries to work in the US, has time constraints, so these techies are facing a race against time to find new employment.

New Delhi: Malaysia-based clean energy solutions provider Gentari has appointed Navjit Gill as its new country head for India, effective 10 July, the company said in a press release. Navjit brings 34 years of experience in the energy and marine sectors to his new role, and was previously the CEO of First Energy Pvt Ltd and the Chief Commercial Officer at SB Energy.

industrial growth, creating huge employment opportunities and propelling Karnataka as a leader in the vertical," tweeted state I-T minister Priyank Kharge who was also in attendance.  CM Siddaramaiah and Large and Medium Industries Minister M B Patil, he said, had assured the representatives of a “conducive environment for growth and development". “The state is ready to provide full support, offering land required to set up the manufacturing unit, in the 100 acres of land available in the Japanese Industrial Park near (the district headquarters town of) Tumakuru," tweeted Patil.

SHL, the global leader in talent insight, has been awarded the prestigious title of "Most Innovative Talent Management Solution" in Gurugram.SHL Mobilize is a cutting-edge talent management technology platform that offers real-time analytics and insight on the workforce to support decision-making across the entire employee lifecycle.HR professionals and leaders in India and across the world are increasingly demanding predictive insights to align their people to the roles and opportunities that will allow them to excel. Available since 2020, Mobilize not only empowers businesses to make accurate talent mobility decisions, but it also helps nurture top talent and prepare them for success.Accepting the accolade at the award ceremony on July 13, Mr. Sushant Dwivedy, Managing Director of India and Philippines, SHL said: “Mobilize empowers organizations to make impactful decisions about their people with confidence.

New Delhi: Strategies aimed at promoting Mobility as a Service (MaaS) should prioritize seamless integration and offer multiple options to consumers to encourage the adoption of shared mobility, according to a report released by the Confederation of Indian Industry (CII). The report, titled “MaaS (Mobility as a Service)," recommends the establishment of a first loss fund mechanism to facilitate increased lending for the purchase of electric vehicles (EVs).

New Delhi: Strategies aimed at promoting Mobility as a Service (MaaS) should prioritize seamless integration and offer multiple options to consumers to encourage the adoption of shared mobility, according to a report released by the Confederation of Indian Industry (CII). The report, titled “MaaS (Mobility as a Service)," recommends the establishment of a first loss fund mechanism to facilitate increased lending for the purchase of electric vehicles (EVs).

ee News reported on Monday. The UP ATS will investigate the full profile of Seema Haider and her family. The network of routes she chose and the mobile number she used during her travel to different countries will be probed from different angles.

top gainers and losers during July 17 trading session: Top gainers: State Bank of India Ltd ( up 2.81%), Wipro Ltd (up 2.54%), Reliance Industries Ltd (up 2.10%), HDFC Bank Ltd (up 2.07%), and Kotak Mahindra Bank Ltd (up 1.45%).  Top losers: Tata Motors Ltd (down 1.02%), Bharti Airtel Ltd (down 0.89%), Titan Ltd (down 0.70%), JSW Steel Ltd (down 0.66%), and Mahindra & Mahindra Ltd (down 0.57%).  Top gainers: State Bank of India Ltd (up 3.01%), Wipro Ltd ( up 2.68%), Dr. Reddy's Laboratories Ltd (up 2.52%), Grasim Industries Ltd ( up 2.33%), and HDFC Bank Ltd ( up 2.06%).

₹5,922 crore through a 57.56% promoter stake acquisition, one of the largest ever cross-border deals in the communication platform space. Listed in September 2020, Route Mobile is primarily engaged in offering omnichannel communication solutions, including automated SMS, WhatsApp notifications, voice-based, and email solutions.

MLR Auto, a subsidiary of Greaves Electric Mobility, the e-mobility business of Greaves Cotton, has inked a strategic partnership with Vidyuttech, a leading financing platform and lifecycle management service provider. 

United Nations Development Programme (UNDP) and Absolute®, a bioscience company, on Monday signed a Memorandum of Understanding (MoU) to strengthen the government of India’s flagship Pradhan Mantri Fasal Bima Yojana (PMFBY) and enhance the resilience of the farmers. India faces challenges such as weather fluctuations, pest attacks, erratic rainfall, and humidity affecting agricultural produce.

Kedarnath Temple. Warning signs have been prominently displayed throughout the temple, cautioning visitors that legal action will be taken against anyone found taking pictures or recordings. Signboards have been installed in multiple locations within the temple premises, stating, «Do not enter the temple premises with mobile phones; any kind of photography and videography is strictly prohibited inside the temple, and you are under the surveillance of CCTV cameras.» President of the Shri Badrinath Kedarnath Temple Committee, Ajay Ajendra, explained that pilgrims visiting Kedarnath Dham have also been urged to dress modestly.

Canara Bank customers can generate offline OTP facility and OTP over the call facilty for all internet banking customers, according to the Canara Bank website. This OTP can be used for financial transactions, stated the Canara Bank website.

EU with user replaceable batteries, reported NDTV.  As per the report from the publication, upon approval from the Council and Parliament, the law is expected to come into effect in early 2027. In addition to facilitating battery replacements, the recently approved regulations by the European Council also include requirements for rechargeable batteries used in electric vehicles and mobile devices such as smartphones and tablets.  Reportedly, these batteries will need to provide information about their carbon footprint, feature a label, and include a battery passport when sold within the EU region.

₹1,634.80 apiece on BSE. The stock touched intra day high at ₹1,759.50 and low of ₹1571.85 apiece.  At 11:40 IST, Route Mobile's stock had given up all of its gains and was down more than 2%. “The stock prices witnessed strong traction in morning session but the gains have been erased and infact prices have slipped into red as it is down more than 2.5% at the time of writing, The volume activity as well is very high.

«If you see large caps, the valuation have corrected about 20-25% and the valuation correction in mid caps and with even more steeper, something like 30-35%. More importantly, in early 2022, when everyone was trying to building an environment around steep Fed rate hikes, the apprehension was that the US economy will slip into a very sharp contraction given the magnitude of sharp rate hike that the US Fed was talking about,» says Pankaj Murarka, CIO, Renaissance Investment.Nothing extraordinary from TCS. Nothing great has come from Wipro or Tech Mahindra but markets are mighty excited that for IT the worst is behind. Is this indeed true? I would like to think so that the worst seems to be behind for IT services companies, primarily for two or three reasons.

digital payment growth. It can stimulate competition, leading to innovation and improved services within the UPI ecosystem. Additionally, it may encourage other banks and financial institutions to follow suit, further expanding the reach of UPI-enabled services, said Anup Nayar, CEO- Domestic, In- solutions global ltd.