Mobile Financial News
13.07 / 05:51
UPS
MAIL
Platform
Compilation
Mobile
Here is how you can lay claim to those long-forgotten assets
It had all the makings of a scam, or so she thought. When Alka Gupta, a resident of Delhi, received a letter recently from a firm that she had not heard of before, she decided to ignore it. The letter claimed that her shares, lying unclaimed, were now worth several lakhs of rupees. This is a scam, she thought to herself, several times until it hit her. Thirty years ago, Gupta had subscribed to the initial public offering (IPO) of one of the top banks of India and had forgotten all about it.
13.07 / 03:01
Aware
Manufacturing
CEO
Strategy
Mobile
Software
Tesla
Tesla sets sights on establishing supply chain in India: Report
tax benefits, according to individuals familiar with the matter. As reported by The Economic Times, these discussions indicate a revived interest from the US-based electric vehicle manufacturer in India, which comes shortly after Prime Minister Narendra Modi's meeting with Tesla CEO Elon Musk during his recent visit to the United States, as stated by the sources.
13.07 / 02:03
Provident
FIVE
Progressive
Manufacturing
Mobile
Software
Align
services
acquires
HCLTech acquires German automotive engineering services provider ASAP for €251 million
HCLTech will acquire a 100% stake in German automotive engineering services provider ASAP Group for €251 million and the transaction is expected to close by September 2023 subject to regulatory approvals, the IT major informed the stock exchanges on Thursday. ASAP is focussed on future-oriented automotive technologies in areas such as autonomous driving, e-mobility, and connectivity.
13.07 / 01:13
Man
Platform
Mobile
Mumbai
Fraud Alert! Mumbai doctor orders samosas online. Here's what happens next
₹1.40 lakh after he recovered 25 plates of samosas from a popular eatery in Sion, a police official said on Monday, adding that the incident took place between 8.30 am to 10.30 am on Saturday. "The victim and his colleagues had planned a picnic at Karjat and had ordered samosas for the journey. The 27-year-old placed the order after locating the eatery's number online. When he called on the number, the one who answered asked him to pay ₹1,500 in advance," he said as quoted by PTI. After this, the doctor received a WhatsApp message of order confirmation and bank account number to send money online.
13.07 / 01:11
Aware
Manufacturing
CEO
Strategy
Mobile
Software
Tesla
Tesla looking to drive its supply chain to India
Tesla has held discussions with union government officials, exploring the possibility of bringing its auto parts and electronics chain to India and of getting incentives and tax breaks in the process, said people with knowledge of the matter. The development signals the US-headquartered electric vehicle maker’s renewed interest in India, close on the heels of Prime Minister Narendra Modi’s meeting with the company’s chief executive Elon Musk during his trip to the US last month, said the people.
12.07 / 21:19
Provident
Mobile
Highways
Fortum Charge rebrands to GLIDA
New Delhi: EV charging infrastructure operator Fortum Charge & Drive India on Wednesday announced its rebranding to ‘GLIDA’. A company statement said that with a renewed vision and a strengthened commitment to sustainable mobility, GLIDA is poised to shape the future of e-mobility through cutting-edge charging infrastructure and innovative solutions. Sanjay Agarwal, President, Fortum India, said: “Our vision at Fortum has always been to build a carbon neutral planet, where sustainable energy and environmental consciousness go hand in hand.
12.07 / 19:15
UPS
IPO
Extreme
Mobile
SENSEX
Is India’s public offering market buzzing again?
₹48,879 crore, and another 26 awaiting the market regulator’s approval. This will keep the D-street busy—but will these issues be received with the same enthusiasm as seen earlier? Common source: Primedatabase.com, BSE, NSDL, Capitaline, Mint analysis With the secondary markets recovering after the Adani group debacle, the primary market seems to be fast gearing up to play catch-up. Six issues hit the markets in the June quarter, and a few more are planned this month.
12.07 / 19:15
UPS
Provident
Digital
Manufacturing
Mobile
Remark
Telecom manufacturing at ₹18,000 cr, should be scaled up 10x: Vaishnaw
New Delhi: Telecom and information technology minister Ashwini Vaishnaw called on the telecom industry to scale up telecom manufacturing efforts tenfold from existing level of ₹18000 crore, with policy support from the government under the production linked incentive or PLI scheme. " ₹18000 crore telecom manufacturing has already happened under the PLI scheme. Time to scale up to 4x, 5x, 10x and you're getting policy support from the government.
12.07 / 18:57
COST
MET
Digital
Platform
Mobile
Big offline mobile retailers eyeing ONDC storefronts
retailers are exploring entering the Open Network for Digital Commerce (ONDC), with around 50 of them looking to open storefronts on the government-backed ecommerce network that they expect will help them reduce cost and reach more consumers. A pan-India retailer association met top ONDC officials to understand how the platform works, and how they could be a part of it. Discussions are still in the early stages.
12.07 / 17:13
Target
Digital
Platform
Strategy
Mobile
Pool
28% GST on online gaming big blow to $1-trillion digital economy target: IAMAI
GST Council's decision to levy a 28% tax on online gaming is a huge blow to India's goal to become a USD 1 trillion digital economy by 2025, industry body IAMAI said on Wednesday. The Internet and Mobile Association of India (IAMAI), which represents internet based companies, said that the net effect of 28% GST (Goods and Services Tax) levy will result into around 1,000% increase in tax on the industry, cause irreversible damage to the USD 2.5 billion investments in the Indian online gaming startup ecosystem, and lead to a complete halt on any prospective foreign direct investment (FDI).
12.07 / 13:05
UPS
Amazon
Google
Mobile
Apple
Samsung
Amazon Sale 2023: Prime Day smartphone deals with up to 40% off
From top brands like Apple, Samsung, Google and more, you'll find a variety of options to suit your preferences and budget. With the convenience of online shopping and the substantial discounts available, Prime Day 2023 is the perfect time to score a great deal on your next smartphone. Don't miss out on this opportunity to grab the latest technology at a fraction of the original price.
12.07 / 13:05
UPS
Amazon
Mobile
Apple
Qualcomm
Samsung
Power
Amazon Prime Day Sale: Greats Deals on Headsets, Power Banks, Mobile holders and more
Take advantage of the exclusive deals and discounts during the two-day sale from 15 to 16 July to enhance your device's performance. Whether you're looking for convenient wireless chargers, fast-charging cables, stylish cases, or high-fidelity headphones, the Amazon Sale has you covered. Don't miss out on the chance to unlock the full potential of your smartphone or tablet. Browse through our exciting selection of mobile accessories at the Amazon Sale and make the most of these limited-period offers.
12.07 / 12:51
COST
Manufacturing
Mobile
Icra expects domestic tyre demand to grow 6-8% in FY24
Icra Ltd on Wednesday said it maintains its year-on-year (YoY) growth forecast for domestic tyre demand for the current financial year (FY24) at 6-8%. This projection, it said, is supported by favourable demand from original equipment manufacturers (OEM) and an expected revival in the replacements market .
12.07 / 11:55
Provident
BLOCK
Williams
Mobile
SpaceX
Telstra
Deal
Optus strikes deal with Musk’s Starlink, bypasses regional NBN
Optus has joined Telstra in circumventing the National Broadband Network and turned to Elon Musk’s satellite fleet Starlink to let its customers get signal almost anywhere in the country.
12.07 / 11:53
Twitter
Reuters
Platform
Mobile
TikTok
ChatGPT hit by another outage in less than 24 hours
OpenAI’s popular Artificial Intelligence (AI) chatbot ChatGPT suffered an outage for a second day running on Wednesday. The service had been down for a couple of hours globally on Tuesday as well. Several users took to microblogging platform Twitter to report the issue.
12.07 / 11:23
UPS
Provident
DOW
Mobile
Deal
Domino’s Pizza Strikes Deal With Uber in Search for New Sales
Domino’s Pizza, hungry to claw back pizza sales now rung up on mobile apps, is reversing its long-held stance against working with food-delivery companies in the U.S. The world’s largest pizza company by sales and stores to announce Wednesday that it has signed a deal with Uber Technologies to list its menus on the ride-share company’s Eats and Postmates food-delivery apps across 28 of the pizza chain’s markets, including the U.S., U.K. and Canada, the companies said.
12.07 / 10:35
UPS
Manufacturing
Gap
Mobile
HON
Vedanta has lined up partners for semiconductor venture: Chairman Anil Agarwal
India's Vedanta has lined up partners for its semiconductor manufacturing venture in the country, group chairman Anil Agarwal said on Wednesday, days after its joint-venture partner Foxconn pulled out of the chipmaking project. Foxconn withdrew from a $19.5 billion semiconductor joint venture with the metals-to-oil conglomerate earlier this week.
12.07 / 10:29
COST
Provident
Waters
CEO
Mobile
Highways
Monsoon-Proof Your Car Insurance: Essential add-ons for car owners
As the monsoon season has arrived, car owners must be prepared to safeguard their vehicles from the potential risks and damages associated with heavy rainfall and adverse weather conditions. To ensure comprehensive protection, car owners should consider adding specific insurance add-ons to their policies.
12.07 / 10:29
UPS
Citi
Provident
Target
Mobile
Rise in serious crimes like rape, murder in capital: Delhi Police
National capital Delhi has seen an increase in serious crimes like rape and murder over the last six months, data provided by the Delhi Police showed. It also shows an increase in theft by interstate gangs who target cars, mobile phones and vehicles in the city.
12.07 / 10:01
12.07 / 09:41
COST
Williams
Mobile
Enterprise
HAL
How soon and at what height will China’s economy peak?
China’s economy can grow faster than America’s. The answer will affect far more than factory orders or personal incomes. It will shape the world order.
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