Mobile Financial News

JioCinema, owned by Viacom18, has made a strong start to the latest edition of Indian Premier League (IPL), clocking nearly 200 million viewers in the first six matches of the Twenty20 cricket tournament which began on March 22, people familiar with the development told ET. The platform, which garnered 449 million viewers during the IPL 2023 season, has set an internal target of 650 million viewers for the IPL 2024. One of the persons said the platform has found strong adoption by viewers on both mobile and connected TV (CTV). JioCinema has gained significant popularity on CTV, with a household reach of 18–20 million, the person added.

RIL), while Citigroup recommended a neutral rating on Coal India and upgraded MGL to neutral. UBS maintained a buy rating on ABB India. We have collated a list of recommendations from top brokerage firms from ETNow and other sources:

In order to check the credit score from a credit bureau such as CIBIL, one requires to enter PAN, or Permanent Account Number, which is linked to the bank accounts and primarily used as an identity document for income tax-related purposes. 

1. Epson EcoTank L3250 All-in-One The Epson EcoTank L3250 is an All-in-One Ink Tank Printer is a great WiFi printer for home use. It comes with Print, Scan, and Copy Functions.

1. HP Deskjet 2331 Colour Printer HP Deskjet 2331 is an all-in-one colour printer for home use with print, copy, and scan functions. It features a high-speed USB 2.0 for a quick and efficient connection.

1. Canon Pixma MG2577s All-in-One Canon Pixma MG2577s is an all-in-one inkjet colour printer. It has print, scan, and copy functions with a flatbed scanner.

As Ather Energy gears up to launch its family scooter shortly, Ravneet Phokela believes that the stage is set for the next phase of rapid growth and expansion to new regions across India. “With this new offering, Rizta, we will have the relevant customer base in place. We are very well distributed across the South and this electric scooter will help us grow in the North and West too,” Phokela, Chief Business Officer of Ather, told ETAuto.

About 76 companies accessed the public markets in FY24, raising nearly Rs 62,000 crore through mainboard IPOs. This is 19% higher than the Rs 52,116 crore mobilized by 37 companies in 2022-23, according to primedatabase.com.

U.N. humanitarian chief Martin Griffiths is stepping down for health reasons after nearly three years of trying to tackle mounting humanitarian crises in Ukraine, Gaza and Africa, the United Nations announced Monday. U.N. Secretary-General Antonio Guterres praised Griffiths «for his tremendous leadership and service to the United Nations and the humanitarian community in advocating for people affected by crises and mobilizing resources to address their needs,» U.N. deputy spokesman Farhan Haq said.

By Jody Godoy

Also Read: Will the rise in crude oil prices impact the markets in the near term? Moreover, the recent surge in geopolitical tensions has further propelled oil prices upward. Notably, Ukraine's launch of drone attacks on Russian oil refineries, including Lukoil Nizhny, Rosneft Ryazan, and Surgut Kirishi, has caused partial shutdowns.

Holi Bank Holiday on March 25, 2024: All banks — public and private — will be closed today on March 25 (Monday) on account of the Holi festival. Notably, this has been a long weekend off for banks with services being shut since March 23 for fourth Saturday and on March 24 for Sunday leaves.

Harsh Jain and Haptik CEO Aakrit Vaish to chair its eight-member governing council in its inaugural elections starting from April 1 for a two-year term. Other members of the newly elected governing council include Vishal Gondal, cofounder and CEO of GOQii; Dhruvil Sanghvi, founder and CEO of LogiNext; Akanksha Hazari, founder and CEO of LoveLocal; Mayank Kumar, cofounder and MD of upGrad; Naiyya Saggi, cofounder of The Good Glamm Group; and Vivek Khemani, cofounder of Quantiphi.

—Name withheld on request Form 15H is a self-declaration for non-deduction of taxes at source which can be submitted by an eligible person to the payor of specified incomes. Specified incomes includes income from provident fund withdrawal, dividend incomes, interest on securities, other interest incomes, national savings scheme, insurance commissions, life insurance policies, etc.

IPOs this week: One mainboard, 12 SME public issues to open for subscription; check full list here The IPO of Bharti Hexacom comprises exclusively of an offer-for-sale (OFS) segment, devoid of any issuance of new shares. Telecommunications Consultants India, the singular public shareholder in the firm, intends to sell 7.5 crore equity shares, equating to a 15% stake in the OFS. Bharti Airtel, led by Sunil Mittal, owns a 70% stake, equivalent to 35 crore shares, while the remaining 30% ownership, comprising 15 crore equity shares, is held by non-promoter TCIL.

Tech Mahindra, India’s one of leading IT services and consultation firms, has said that the company will be merging its wholly-owned step down subsidiary Born Group with its parent company Tech Mahindra (Americas) Inc as the respective companies have approved the consolidation on Friday i.e. March 22, 2024. “A Plan of Merger of Born Group, Inc., wholly-owned step down subsidiary of the Company with its parent company viz.

Indian auto industry is gearing up to roll out an array of electric vehicle models over the next few years amid a renewed push by the government to encourage environment-friendly mobility solutions with the unveiling of a new policy. Mass market players like Maruti Suzuki, Hyundai, Mahindra & Mahindra and Tata Motors are lining up new models to cater to the demand across segments. Mahindra & Mahindra CEO Automotive Sector Nalinikanth Gollagunta told PTI that starting January 2025, the company will be rolling out five new battery electric vehicles in the coming years. «These electric SUVs will be built on Mahindra's innovative INGLO platform and aim to cater to a variety of consumers through their diverse range. The launch of these SUVs is part of Mahindra's broader strategy to lead in the electric vehicle sector, and we expect 20-30 per cent of our portfolio to be electric by 2027,» he noted.

Saurabh Gupta, Group CFO, Dixon Technologies, says “there’s a $10 billion opportunity in IT hardware for India. $10 billion worth of IT hardware products are imported into India. So, it is a large opportunity for import substitution and if India is able to do a good job as an industry, if you are able to generate that operating leverage and cost competitiveness, in a few years, yes, it can potentially get exported from India as well.” Gupta also is confident that achieving a growth rate of 35-40% annually should not be a challenge over next few years. On EMS, India’s position & Dixon’s share Saurabh Gupta: If you look at the whole electronic manufacturing space, India's share in the global electronic space is just 2%. But if you look at the whole government policy framework, as far as the labour pool availability and labour cost in India is concerned, we are looking at a very significant growth potential in this particular sector. The reason is increasingly, brands want to outsource more and more manufacturing and not only manufacturing, they want to deepen the level of manufacturing and in our sense, it will be more design-led manufacturing for us and also, the government policy framework has been very supportive.

gaming market in the world, boasting a user base of 568 million gamers and over 9.5 billion gaming app downloads in 2023, a recent report has revealed. The report, titled ‘Robust Fundamentals to Power Continued Growth’, found that India contributes approximately 20% of the world’s total mobile game downloads, surpassing even the combined download totals of the next two: The US and Brazil.

Telecom companies, which haven’t been able to offer a full 5G experience to customers, are failing to monetise it. Curiously, this seems to be the fate of the odd ones—1G, 3G and 5G. India recently became the fastest 5G rollout nation in the world. The country’s top two carriers, Reliance Jio and Bharti Airtel, have collectively splurged around $25 billion in buying 5G airwaves and launching their next-generation wireless broadband services. Between them, they have 165 million 5G customers. But neither of them has seen any serious monetisation of their 5G businesses even 18 months after they introduced next-gen networks. Telecom companies attribute the challenge in monetisation to the continuing absence of compelling 5G use cases and applications for both retail and enterprise users and a yet-tomature devices ecosystem.

KKR vs SRH IPL 2024: India's young batter Shreyas Iyer is all set to lead Kolkata Knight Riders (KKR) against World Cup-winning captain Pat Cummins, who is heading the Sunrisers Hyderabad (SRH) in IPL 2024. The match is scheduled at the historic Eden Gardens International Cricket Stadium in Kolkata and is ready to witness the high-voltage clash in the evening.