Mobile Financial News

Sony expects India to overtake home market and become the company's third largest market globally in the next couple of years with its revenue from the country reaching Rs 10,000 crore. Sony India Managing Director Sunil Nayyar said the company clocked a revenue of Rs 6,353 crore in 2022-23 in the country and is betting on the premium television segment besides its audio and imaging products to drive the growth.

In today’s rapidly-evolving digital landscape, technology continues to revolutionize the way we manage our finances. One notable area where this transformation is particularly evident is in the accessibility and transparency of fixed deposits (FDs).

The MSME sector in India is experiencing significant growth, with a notable shift in small business owners’ perspectives towards adopting technology in recent years, according to a report by PayNearby. As per the report, over 65% of micro, small, and medium enterprises (MSMEs) utilise some form of digital technology for their daily operations.

Laxmi Nagar area, thieves stole a car with its owner's two children — aged two and eleven years old — inside, later demanding a ransom of Rs 50 lakh. The incident occurred on Friday night when the parents left their children in the running vehicle while they went into a nearby confectionery shop, police said on Saturday. According to officials, the incident occurred at around 11.40 pm when a couple went to a confectionery shop on Laxmi Nagar Vikas Marg and left their two children in the car parked outside the shop. The couple left the vehicle running with the AC on for the kids while they went inside to buy sweets. During this time, a suspect opened the vehicle's door and drove away with the children inside. «The parents had briefly gone inside Heera Sweets to buy sweets when the car was stolen. When they came back, their vehicle and children were missing. Later, they approached the police and lodged a complaint,» officials said.

TRAI) has announced amendments to the Mobile Number Portability (MNP) regulations. Effective July 1, 2024, the new rules mandate a seven-day waiting period for issuing Unique Porting Codes (UPCs).

MSMEs will expand their presence across various sectors, producing a wide range of products consumed by millions regularly. Today, MSMEs play a pivotal role by contributing approximately 30% to India’s GDP, as reported by the MSME Ministry’s FY23 annual report. The progressive ecosystem of India and the availability of required resources have enabled MSMEs to deploy cutting-edge technologies to transform the energy space. From how energy is extracted, managed, and consumed to how it is sold, MSME startups are playing a critical role in digitising and revolutionising the customer journey. Whether it's a smart fuelling station in Mumbai or an AI-driven oil rig in Gujarat, MSMEs are spearheading a digital transformation that promises to redefine the country’s energy future and drive sustainability in the Indian economy. The need for digitisation in energy India's energy sector faces several challenges, and the biggest challenge among them is the lack of monitoring and measurement systems. With digitisation, we can unlock multiple opportunities, such as promoting data-driven decision-making, enhanced forecasts and predictive maintenance, reduction in duplicate work, gauging market demand, improving fuel distribution networks, and understanding price fluctuations.

₹25,000 crore) for the rights to broadcast International Cricket Council (ICC) events in India between 2023 and 2027. It has since followed a strategy of broadcasting marquee events such as the 2023 World Cup and the ongoing T20 World Cup free online, relying on advertisement revenues. Disney+Hotstar did execute a deal for around $1.4 billion with Zee Entertainment Enterprises Ltd, which was to take over the TV broadcasting rights.

ARPU), telecom giants Reliance Jio and Airtel are gearing up to implement substantial tariff hikes effective July 3, 2024. This decision will impact millions of subscribers across India, prompting users to consider their options to mitigate the upcoming price adjustments.

Bharti Airtel and Vodafone Idea (Vi) increased mobile tariffs by 11-20% and 10-23%, respectively, to boost average revenue per user (ARPU), a day after Reliance Jio announced higher rates, making this the first wide-ranging headline price increase since November 2021. While Airtel and Jio — which dominate the market — say they need to improve returns after paying high prices for 5G airwaves in 2022, Vi is looking to back up its recent ₹23,000 crore equity fundraising efforts as it strives to become more competitive, stem user losses and repair a stressed balance sheet to pay vendors and statutory dues. Analysts said the three telcos will see a 13-17% rise in ARPU with the main effect being felt in second and third quarters of this fiscal year. Airtel and Vi have been vocal about increasing ARPU at an industry level for a sustainable telecom sector.

Telecom Regulatory Authority of India (Trai) Friday said the amendments to mobile number portability (MNP) regulations to curb SIM swap and replacement frauds will come into effect from July 1. «The Telecom Regulatory Authority of India (TRAI), on 14th March, 2024, issued the Telecommunication Mobile Number Portability (Ninth amendment) Regulations, 2024, which will come into force on 1st July, 2024,» TRAI said. The regulator had notified the amendment in March 2024, after consulting stakeholders. The amendment adds an additional criterion for rejecting generation of the Unique Porting Code (UPC) required to port a SIM card to a different telecom service provider.

The city of Varanasi has launched a global call for innovators as part of the Toyota Mobility Foundation’s $9m Sustainable Cities Challenge. The initiative aims to find data-driven solutions to enhance the safety and accessibility in the city for the millions of pilgrims who visit every year. 

Blaze X, revealing a sleek design with a curved display and a slightly raised rear camera module. The image, presented in black shades, also highlights the presence of the volume rocker and power buttons on the phone's right edge.A second teaser offers a top-down view of the handset, displaying four identical devices arranged to form the letter "X." This image features a beige colourway and confirms that the phone will sport a centrally located circular rear camera module.In tandem with these teasers, a microsite on Amazon has confirmed the handset's moniker as "Blaze X." This development suggests that an official launch date announcement is on the horizon.In related news, 91Mobiles has leaked a live image of what is purported to be an upcoming Lava Blaze model.

Mobile insurance has become increasingly essential given the pivotal role smartphones play in our daily lives. With our heavy reliance on them for communication, work, and entertainment, the prospect of losing or damaging a smartphone can indeed lead to significant disruptions. 

HANGZHOU, China — The transforming power of artificial intelligence is of no value unless user data is protected, CEO of Chinese smartphone company Honor, George Zhao, told CNBC in an exclusive interview on Thursday.

Taiwanese at a villa in Bali over alleged cyber fraud, authorities said Friday. The proliferation of cyber fraud groups in Southeast Asia has become a growing concern in recent years, and authorities in countries including China, Indonesia and Malaysia have stepped up efforts to stop them.

Stocks to buy or sell: Despite weakness in the global markets, the Indian stock market continues to scale northward on Thursday. The Nifty 50 index ended 175 points higher at the 20,044 mark after climbing to a new peak of 24,087.

Shares of Kotak Mahindra Bank Ltd.(up 1.81 per cent), IndusInd Bank Ltd.(up 0.33 per cent), Axis Bank Ltd.(up 0.28 per cent) and ICICI Bank Ltd.(up 0.16 per cent) ended the day as top gainers in the pack.

Convertible laptops: What they are, who they're for, and which ones to buy HP Pavilion x360 2-in-1 LaptopThe HP Pavilion x360 2-in-1 Laptop is a worthy consideration for your next purchase. It's powered by the 13th Gen Intel Core i5-1335U processor and features a 14-inch (39.6 cm) FHD multitouch display. It comes with 16GB RAM, 512GB SSD, and Intel Iris X Graphics for smooth performance.

Route Mobile, a prominent provider of cloud communications platform services, experienced another exceptional day as its shares surged by 17.3% to reach a 30-month high of ₹1,930 apiece, taking the five-day gains to 24%.Today's rally in shares came after the company, during market hours, through an exchange filing, said that its holding company, Proximus Group, and Microsoft signed a 5-year strategic partnership for collaboration on digital communications and cloud.The company said that the newly formed strategic partnership between Microsoft and Proximus will allow both parties to leverage their respective expertise and product leadership, accelerated by the power and potential of AI applications and solutions.Also Read: Sylvan Plyboard IPO share allotment to be finalised today: How to check status? A step-by-step guideThe strategic partnership between Microsoft and Proximus aims to leverage their expertise in AI and cloud services across three main areas. Firstly, they will enhance Communication Platform as a Service (CPaaS) and Digital Identity (DI), improving customer engagement and security.Secondly, Proximus will migrate key platforms to Azure cloud services, enhancing scalability and security while integrating AI technologies.

25 US states on Wednesday reached a deal with crypto platform Abra and its CEO for failing to obtain necessary licenses.

B2Broker recently announced a significant update to its premier product, the B2Trader Brokerage Platform (BBP) version 1.1. The latest update to the spot crypto platform introduces BBP Prime, new advanced reports, and the potential to personalise layout templates for an enhanced user experience.