Mobile Financial News

Ride-hailing major Ola Cabs is set to withdraw from its three overseas markets of the UK, Australia and New Zealand by month end. As reported, the company has started sending users notifications on the service’s impending closure, with its Australian operations set to cease from 12 April.

(This story originally appeared in on Apr 10, 2024)

₹1,000 crore to ramp up its production capabilities for laptops, servers, smartphones, hearables, televisions, and telecom equipment. With a sharp focus on competition, it is aiming to challenge electronics manufacturing services providers in the Indian and exports markets, primarily targeting the US. “We have planned an outlay of ₹1,000 crore for the near future to look at expansions judicially and into critical areas.

America observed a ritual that goes back centuries. Invoking Kinich Ahau, the Mayan sun god — without actually invoking him, since most Americans are unaware of the deity's existence — millions observed the Great American Eclipse, or GEA, in parts of Mexico, 15 US states and eastern Canada.

Paytm app, witnessed a decline in its unified payments interface (UPI) market share, dropping to nine percent in March, according to data available on NPCI, as quoted by Moneycontrol. This marks its lowest level in the past four years. The decrease follows a drop to 11 percent in February, down from the previous month, attributed to regulatory restrictions imposed on its affiliate, Paytm Payments Bank Limited (PPBL), by the Reserve Bank of India (RBI).

Private golf-club membership has long been the sign of having arrived at a certain enviable level of comfort. To join a country club where they know your name, your favorite drink and your preferred tee time is the stuff of many golfers’ dreams. Yet for many golfers these days, the whole idea of being tied to one club and one course feels limiting.

Badrinath, Kedarnath, Yamunotri, and Gangotri, holds profound spiritual significance for devotees across the nation. To ensure a smooth and organized journey for pilgrims, the Uttarakhand Government mandates registration for the Char Dham Yatra 2024.

Dixon Technologies has said it plans to buy a majority stake in Ismartu India, a manufacturing unit of Chinese phone maker Transsion Holdings, to expand its business. Dixon will initially acquire 50.10% stake for Rs 238.36 crore in an all-cash deal while additional acquisition will be done in FY27 for an aggregate consideration, which shall be decided on the basis of a valuation of 20 times of profit after tax of Ismartu for FY26, Dixon said in a regulatory filing late Monday. Dixon added that upon successful acquisition of the second tranche of shares, it will hold an additional stake between 1.60% to 5.90% in Ismartu India.

Ola Cabs is set to exit all of its existing international markets, namely the UK, Australia and New Zealand by the end of this month. The company has started sending out notifications to users about the impending closure, with operations set to cease in Australia from April 12. The firm had announced its rollout in Australia and New Zealand in 2018.

Karnataka (Bengaluru) Tamil Nadu (Chennai) Andhra Pradesh (Hyderabad) Telangana (Hyderabad) Manipur (Imphal) Goa (Panaji) Jammu Srinagar This is in accordance with the Reserve Bank of India's holiday calendar for banks. In addition to the Gudi Padwa, Ugadi, and other regional New Year festivals, banks will also be closed in some states later this week for Ramzan-Id (Id-Ul-Fitr) on April 11th.

Pegatron is in advanced talks to sell a majority stake in its iPhone manufacturing unit near Chennai to Tata group, people aware of the matter told ET. «The deal is expected to be completed in the coming two to three months, or, (at the) latest, by the second quarter of the fiscal year,» said one of the persons. «However, as of now, it's unclear if this will be a Wistron-type buyout or a joint venture.» Both options are said to be on the table. Wistron, like Pegatron and Foxconn, is a Taiwan-based contract manufacturer for Apple. Tata group acquired its local operations for $125 million (₹1,000 crore) in November last year, becoming the first Indian company to manufacture iPhones.

IoT) devices, mobile device security, and digital education, a senior official told ET. These working groups, set up under the ministry of electronics and information technology, will look to develop and adopt guidelines and frameworks for “effective and efficient implementation of e-governance projects” of ministries and government departments, according to sources.

New Delhi: Taking on opposition parties for making personal attacks against PM Narendra Modi, defence minister Rajnath Singh on Monday said that more the mus they throw, more the lotus will bloom. Speaking at rallies in Tamil Nadu, Singh took on the INDIA bloc, saying that debates on the government's policies are welcome but its intentions cannot be questioned.

Reliance Jio and Bharti Airtel, India's top two telecom operators, are set to report modest sequential growth in their fiscal fourth-quarter India mobile revenue, supported mainly by strong broadband user additions in the absence of tariff hikes, analysts said. Vodafone Idea (Vi) is likely to report a sequential dip in its March-quarter revenue, stung by continued heavy customer losses. Jio and Airtel, though, are likely to report flattish operating margins, weighed down by higher 5G-related costs, the analysts said.

The town of Rolling Fork, Mississippi, has struggled to rebuild after a devastating tornado struck last year

Specifications of LAVNA Smart Door Lock LA28 Brand: LAVNA Special Feature: 6 ways to access Lock Type: Biometric, Keypad Material: Alloy Steel Item Dimensions(LxWxH): 6.5 x 6 x 24 Centimeters Colour: Black The LAVNA Smart Digital Door Lock offers advanced security features with fingerprint, Bluetooth, WiFi, OTP, PIN, RFID card, and manual key access. Its 360° fingerprint sensor enables rapid unlocking, and you can register up to 100 fingerprints. The built-in camera lets you see visitors before unlocking.

Samsung retailers in the rest of Maharashtra region have called for a protest in Pune against the South Korean smartphone major over uncleared dues to the tune of Rs 50 crore pending for over a year. State retailer association has raised concerns over inaction within Samsung’s teams after making commitments of clearing the pending dues which arose due to a change in guard in distributorship in the region. Samsung ended a long-standing distributor relationship with SSK, which is part of the Syska group in March 2023 in Maharashtra, appointing two new distributors — Bengaluru-based ABM Group and Kolkata-based Karuna Marketing, ET reported last year in June.

Russian fintech firms have begun joining the country’s digital ruble pilot, as the Central Bank looks to widen the scope of its CBDC project.

MUMBAI : India hasn’t yet produced a social media giant, yet investors continue to pump in money. The hope now lies in Indian startups’ ability to leverage artificial intelligence (AI) to build a bumper app. Since the beginning of this year, five startups with AI-driven social products have received cumulative funding of $27.8 million in seed and Series A rounds in addition to one undisclosed round, according to data from research platform Tracxn.

Uttar Pradesh successfully scared off a group of monkeys that had entered her home by using an Amazon Alexa device. Nikita recounted how the monkeys were startled and left the kitchen upon hearing the sound of a barking dog emanating from the device. In a widely circulated video, Nikita explained that the monkeys had gained entry into their home through an open gate as a result of some guests visiting. She shared, «Monkeys entered the kitchen and started throwing things here and there. The kid was scared and so did I but then I saw Alexa and asked it to play the sound of a dog. Because of that barking sound, the monkeys were scared and ran away,» as reported by news agency ANI. Mahindra Group chairman Anand Mahindra praised her actions, stating, «The story of this young girl provides comfort that technology will always be an enabler of human ingenuity.»

Bank Holidays next week in April 2024: Bank customers can look forward to a long week of non-working days at their banks next week with five holidays slotted, including the weekends. In fact, in some states, the holidays stretch out further into the succeeding week too, with Monday and Tuesday also being holidays.