Platform Financial News

Nitrogen, formerly known as Riskalyze, has launched a comprehensive client engagement platform aimed at enhancing the delivery of personalized advice for wealth management firms.

Viacom18, the official media rights partner for the Paris Olympics 2024 in India, has priced its mobile ad inventory at par with linear TV ad inventory for the multi-sporting event that will kick off on July 26. As per the rate card floated by the media company, it is seeking a spot rate of Rs 1,40,000 per 10 seconds for mobile, similar to the spot rate for both standard and high-definition TV channels. The HD channel's standalone spot rate is Rs 60,000 per 10-second spot, lower than the connected TV (CTV) spot rate of Rs 75,000. The mid-roll and pre-roll ads are priced at Rs 250 per impression.

Kingdom of the Planet of the Apes has garnered significant attention as the sequel to the 2017 hit War for the Planet of the Apes. Praised for its special effects, locations, and performances, the film received positive reviews, holding an 80% rating on Rotten Tomatoes from critics and 77% from audiences. IMDb also rates it with 7.2 stars out of 10. At the box office, the movie surpassed expectations, grossing approximately $392 million worldwide against its $160 million budget.

Pariksha pe Charcha' initiative might soon be recreated for a virtual platform, with the NCERT working on a proposal to develop a portal to host his speeches and allow students to capture selfies with him in an interactive 2D/3D environment. The move comes against the backdrop of a raging row over alleged irregularities in competitive examinations with the opposition raising questions on credibility of the examination processes in the country. The Opposition has taken swipes at Modi, demanding that he should hold one such interaction on medical enrance exam NEET issue as well. The National Council for Educational Research and Training (NCERT) has released an Expression of Interest (EoI) document this week to identify vendors for developing the Virtual Exhibition for Pariksha Pe Charcha.

Cardano is a proof-of-stake blockchain platform aiming to bring about positive global change and redistribute power from unaccountable structures to individuals.

Arete Wealth is expanding its clearing and custody services through a juiced-up partnership with BNY Pershing.

₹105 crore. The cloud-based technology venture that converts standard websites into mobile-ready versions, started in 2009 as Mobstac. It had raised its first seed venture capital funding at a valuation of ₹7.7 crore, led by Accel and Mumbai Angels, with Blume Ventures joining in a secondary sale of shares later that year.

Oil prices settled lower on Friday as the rising possibility of a ceasefire deal in Gaza outweighed strong summer fuel demand and potential supply disruptions from Gulf of Mexico hurricanes. Brent crude futures settled down 89 cents, or 1.02% lower, to $86.54 a barrel, after reaching their highest since April earlier in the session. U.S. West Texas Intermediate (WTI) crude futures settled at $83.16 a barrel, down 72 cents, or 0.9%.

NEW DELHI : Bundled tariff plans that include access to content-streaming apps are in vogue. They generate additional revenue for the telecom operators as users tend to upgrade to higher-paying plans for more data. And for consumers, they mean sheer convenience—they get only one bill for mobile services, internet and all over-the-top (OTT) app subscriptions.

Spearheaded by Premier Miton's multi-manager team, led by Ian Rees, the service is set to offer two ranges of actively managed portfolios, both consisting of four portfolios. One will direct attention on a mix of active and passive investments while the other range will be solely index focused, but both will be actively managed, the firm said. Premier Miton CEO bets on fund sales boost from falling rates as outflows slow The move follows  «increasing demand from advisors for cost effective investment solutions that use the architecture of established investment platforms whilst tap...

Hamster Kombat is the latest TON tap-to-earn clicker game to go viral, following on from wildly popular Notcoin, which from nowhere has marched to a market capitalization north of $1.6 billion.

Stocks that are trading heavily or have substantial price changes on Wednesday: Goodyear, Smart Global rise; LegalZoom, falls

interoperability is not feasible in the Indian market as the existing STBs deployed by the distribution platform operators (DPOs) are non-interoperable, and deploying new interoperable STBs will be a costly affair, say industry experts. The Telecom Regulatory Authority of India (Trai), in its recent recommendations to the ministry of information and broadcasting (MIB), reiterated that all STBs in India must, in principle, support technical interoperability. STB interoperability is the ability to change a service provider without changing the STB. Currently, customers have to purchase a new STB every time they want to shift to a new service provider. «There are two types of interoperability: technical and commercial. Technical interoperability without commercial interoperability is not feasible because the STBs remain the property of the DPOs,» said a top official with a TV distribution company, on condition of anonymity. This is not the first time Trai has made a recommendation in favour of STB interoperability. The discussion on STB interoperability has been going on since 2010, when the regulator first floated a consultation paper on the issue. «STB interoperability is a dead horse that the regulator keeps flogging. At a time when consumers have the option of moving to internet-enabled content delivery, the regulator is talking about a legacy issue that has not been implemented to this day,» said the India head of an international content security firm.

The US Department of Energy (DOE) is once again attempting to survey crypto mining firms, after the first attempt was slapped by a lawsuit.

Venezuela’s recent crackdown on crypto is unlikely to dent enthusiasm for tokens, with data showing people in the nation remitted $461 million worth of coins in 2023.

FSN E-Commerce Ventures, the parent company of Nykaa, on Sunday forecast a year-on-year consolidated revenue growth of around 22-23 per cent in the first quarter of 2024-25 (FY25) with a matching growth momentum for beauty vertical but flagged «muted» demand environment in the fashion industry. In a BSE filing on its quarterly revenue update for the April-June quarter of FY25, the company said for the consolidated entity, the GMV (Gross Merchandise Value) growth for the quarter is seen to be in the mid-20s year-on-year. FSN E-Commerce Ventures also informed that it is commencing vertical-wise segmental reporting, beginning this quarter.

The Dallas Stars are taking their local game broadcasts directly to consumers for free after years of fans having issues watching the team’s games on a regional sports network

Roku to celebrate SpongeBob SquarePants' upcoming 25th anniversary. The campaign includes unique features on Roku's platform, aimed at boosting viewer engagement and awareness.

Zomato has suspended its hyperlocal goods delivery service ‘Xtreme’ on account of poor demand, according to people aware of the matter. The food delivery platform had launched the service in October last year. Separately, the company has also relaunched its intercity food delivery offering ‘Legends’ in a third avatar.

mCaffeine, a caffeinated skincare brand, has announced a strategic partnership with GoKwik, an eCommerce enabler, to further enhance its online presence and accelerate growth. This partnership with GoKwik aims to further support the personal care brand's aim of increasing their market share by 10% in key categories and revenue by 70% this year by offering better shopping experiences to its customers while expanding its D2C footprint especially in smaller towns.