Platform Financial News

Ramon Talwwar, Managing Director and CEO of ACME Group, expressed his heartfelt gratitude for the investor confidence. "We are immensely grateful for the support we have received.

Elon Musk's artificial intelligence startup xAI and tech giant Oracle have ended talks on a potential $10 billion server deal, The Information reported on Tuesday. The startup and Oracle have ended talks to expand an existing arrangement under which xAI has been renting Nvidia's AI chips from the cloud provider, the report said, citing several people involved in the talks.

Gautam Gambhir has been appointed as the new Head Coach of the Indian Cricket Team, according to a statement by BCCI Secretary Jay Shah on social media platform X. Shah expressed confidence in Gambhir's ability to lead Team India forward, citing his deep understanding of modern cricket dynamics and his successful career across various roles. Following the announcement, Gautam Gambhir also posted on social media, «India is my identity and serving my country has been the greatest privilege of my life. I’m honoured to be back, albeit wearing a different hat. But my goal is the same as it has always been, to make every Indian proud. The men in blue shoulder the dreams of 1.4 billion Indians and I will do everything in my power to make these dreams come true!»

Mint spoke to noted that only a few taxpayers express concerns about sharing their login credentials, while most are comfortable doing so. “New clients who sign up online and haven’t met us in person or have not come to us through another client are apprehensive of sharing all their financial information," said Karan Batra, founder, Charteredclub.com. Daga concurred, saying that only 1 out of 10 clients exhibit this hesitation.

Meghalaya government launched its very own OTT platform Hello Meghalaya. Meghalaya becomes the first State to launch an OTT platform that monetizes youth passion. To cater for the huge youth population base, Government of Meghalaya introduced Hello Meghalaya OTT platform that intends to engage them in productive activities and enable economic growth. Hello Meghalaya Platform provides content ranging from Movies, Music Videos, short films and many more.

Popular multichain wallet provider Exodus recently announced the launch of its Exodus Passkeys Wallet, a self-custodial stand-alone solution with the easiest on-ramp experience and developer integration on the market.

India's coal import rose 5.3 per cent to 52.29 million tonnes (MT) in the first two months of the ongoing fiscal as against the year-ago period. The country's coal import was 49.62 MT in April and May in FY24, according to data compiled by mjunction services ltd — a B2B e-commerce platform from a joint venture between Tata Steel and SAIL. However, coal import in May dropped marginally to 26.19 MT, from 26.57 MT a year earlier. «Coal imports… were down 1.43 per cent as against 26.57 MT imported in May 2023,» it said.

Riot Platforms, a leading Bitcoin mining company, has launched a dedicated website to inform shareholders about corporate governance issues at Bitfarms and Riot’s plans to reconstitute the board. This move is part of Riot’s decisive strategy to advance its acquisition of Bitfarms, marking a significant shift in their approach.

meme coins have become a hot topic in the cryptocurrency world, delivering astronomical returns and capturing the imagination of investors. In a recent live stream session on ETMarkets, Arjun Vijay, Co-Founder & COO of Giottus, highlights that coins like Doge with Hat, Pepe, and Floki have shown remarkable gains, far outperforming traditional equity markets and even major cryptocurrencies like Bitcoin and Ethereum. Let's delve into the world of meme coins to understand their allure, their unique characteristics, and how to navigate this volatile market. The origin and evolution of meme coins

NEW DELHI : Luxembourg-based SES, which has a joint venture with Jio Platforms in India, has applied for a satellite-bandwidth-provider licence to set up a local arm, two senior executives with direct knowledge of the development told Mint. The European firm's entry is expected to bring costs down for domestic direct-to-home (DTH) TV players, who have to lease satellite bandwidth through the Indian Space Research Organisation (Isro). The license, being processed by the Indian National Space Promotion and Authorization Centre (In-Space), will allow the firm to offer satellite capacity directly to its DTH and very small aperture terminal (VSAT) satellite broadcasting clients, including Bharti Airtel Ltd and satellite bandwidth service provider Hughes Communications India.

Hamster Kombat mania is driving up percussion massage gun sales in Russia, as the Telegram-based game’s popularity skyrockets, a report has claimed.

World Audio Visual and Entertainment Summit in November alongside the International Film Festival of India in Goa, with I&B Minister Ashwini Vaishnaw promising to strengthen the ecosystem for the protection of intellectual property rights in the media and entertainment sector. Vaishnaw and Goa Chief Minister Pramod Sawant made the announcement of the first World Audio Visual and Entertainment Summit (WAVES) in Goa from November 20-24 and described it as a visionary initiative by Prime Minister Narendra Modi as India seeks to make a mark in the media and entertainment sector. «IP rights hold huge value in the media and entertainment sector. We will be strengthening the ecosystem for protecting IP rights,» Vaishnaw, the Information and Broadcasting Minister, said in his address at the curtain raiser event for WAVES. Vaishnaw said the government was also exploring ways to make available low-cost funds to the media and entertainment sector with learnings from the venture capital model.

Mint. Bangladesh—that has a market reminiscent of India from 15 years ago when the TV-viewing landscape was predominantly analogue—presents a significant opportunity for both the companies. “As we make our foray into Bangladesh, we find potential partners eager for our platform.

Koo’s collapse underlines the fact that social media platforms are “natural" monopolies because of network effects. In this sense, they are like utilities. Power and gas utilities are natural monopolies.

capital markets saved the day for Indian investment bankers as they took home hefty bonuses and payouts despite a relatively soft M&A business, company officials and industry sources said, pointing to the IPO frenzy as equity indices surged to records. Bonuses were 150-200% high for top performers in some of the top-rung local I-banks such as Kotak, JM Financial, Axis Capital, Avendus and Veda, among others, sources told ET. A string of IPOs and other capital market offerings helped deal-makers earn an average 10% increase, while a few top performers took home 20-25% more, as companies tried to retain top talent, said industry officials. On the lower end, average bonuses were in 80-100% range, according to estimates.

As one of the fastest growing cryptos Solana (SOL) has got everyone’s attention. The Solana price has seen significant growth since its inception. The current price and market cap fluctuate based on various factors, including trading volume, network upgrades, and broader market trends.

The Vampire Diaries universe might be expanding, as co-creator Julie Plec hints at a potential spin-off. Plec, who developed the widely popular supernatural teen drama with Kevin Williamson, has expressed a desire to explore the stories of Mystic Falls, hoping for approval from Warner Bros. Studios to bring her ideas to life. The show, based on L. J. Smith's book series, captivated a vast audience, especially on streaming platforms.

The State of Fashion 2024, 75% of Gen Z aged 11-26 consumers consider sustainability when making purchases. In India, thrifting began humbly in friends' homes, where clothes were piled on to beds and sifted through together. Garage sales and informal swaps were also known, but weren't a popular concept.

Owning crypto may be linked to “dark” personality traits like narcissism, Machiavellianism, psychopathy, and sadism, according to a recent study by academics.

Robinhood Markets is reportedly exploring the introduction of cryptocurrency futures trading in the US and Europe.