Platform Financial News

Razorpay has introduced a new employee health insurance policy, under which coverage will be provided to employees’ siblings as well as for vital treatments like those for HIV/AIDS. The policy also extends support to conditions such as polycystic ovary syndrome, addressing a broad spectrum of healthcare needs. It will allow employees of the omnichannel payments and banking platform for businesses to customise their health insurance plans according to their individual needs, including defining their own families and encompassing live-in or LGBTQIA+ partners as spouses.

May 2024 – AI gone-rogue Web3 game Shutdown has announced its partnership with Web3 gaming platform, Immutable. The partnership will see Shutdown launch on Immutable zkEVM, powered by Polygon.

Animoca Brands Japan and Quidd will launch digital collectibles of the popular manga “FAIRY TAIL.”

Gaswizard, in collaboration with its native token GWIZ, is all set to transform the landscape of fueling experiences worldwide. Through innovative technology and a commitment to efficiency, Gaswizard aims to revolutionize how drivers approach refueling and, in turn, lead in a new era of convenience and savings.

Bitcoin price prediction is a hot topic as two mysterious whales, inactive for over a decade, have suddenly moved 1,000 BTC, worth about $60.9 million, within the past 20 minutes.

In the wake of the lawful sentencing of FTX’s Sam Bankman-Fried and Binance’s former CEO, Changpeng Zhao, in cases relating to fraud, the verdict of another crypto-related trial is on the horizon. This time, it involves Alexey Pertsev, the Tornado Cash dev who is charged with over $1.2 billion laundering cases.

TRLab’s Audrey Ou’s exploration into the future of digital art, NFTs, and technology

Zomato for messages such as "Reminder: call maa". "Some of us are grieving the loss of mums. Others are struggling with poor relationships with parents.

KKR jersey can be seen exiting the stadium as some people confront him. The man seemed unfazed in the beginning, but as police approach him, he looks nervous and hands over the ball he was hiding in his trousers.

₹250, implying an over 68 percent potential upside. This will be led by its strong market positioning, comprehensive portfolio of new-age platforms/products, and end-to-end mapping of consumer needs along the lifecycle, it said. DART expects a revenue CAGR (compounded annual growth rate) of 46 percent over FY24-FY27E for the firm along with PAT profitability in FY27E.

FanCode has secured exclusive broadcast rights for the upcoming PGA Championships. Indian Golf fans can exclusively watch the tournament on FanCode, the sports-focused streaming platform said on Tuesday. The tournament will take place from 16th May — 19th May 2024, at the Valhalla Golf Course in Louisville, USA. The match play will begin at 11.30 pm IST on Thursday and Friday and 10.30 pm IST on Saturday and Sunday. The PGA Championship is the only one of the four major men’s golf championships in the calendar year that is exclusively for professional players. It is considered as the pinnacle of golf.

Initial Public Offerings) this week, it seems like the IPO season is back. The last year displayed a distinct split in terms of the IPO market, with the first half characterised by a sluggish pace and limited new offerings, followed by a dramatic upswing in activity during the latter part of the year. There was a decline of 30% in 2023 (INR 41,095 crore raised through 46 IPOs) compared to 2022 (INR 59,302 crore raised through 40 IPOs) and of more than 50% compared to 2021 (INR 1,18,723 crore raised through 63 IPOs). Therefore, there is bullishness in the IPO market after a sluggish 18 months. The IPO market is usually cyclical. One of the reasons for the cyclicality is irrational price discovery at the time of issuance. In some situations, it is extremely liberal in anticipation of a big pop on listing and in some situations it is too tightly priced. There are several cases of more than 100-300% appreciation on the listing day and conversely there are many cases of negative return ranging -50 to -60%. This is due to a lack of scientific and rational price discovery in IPOs. This challenge is further aggravated for startups and very high growth companies. At times, there is a conflict between public and private market investors. Such a situation exists not just in India but across most capital markets.

ANI reported. According to the legal suit, the Bollywood veteran has also sought protection of his name, photographs and voice. Various actors and artists across several media platforms often mimic Jackie Shroff’s voice and gestures.

demat accounts will take place today, Tuesday, May 14. The process of refunding those who have not yet received their shares will likewise be completed today. TBO Tek IPO registrar is Kfin Technologies Ltd.

Trust is at the core of the diffusion of any innovation in any sector, particularly so in the case of technology. If this trust is compromised, diffusion will fail, no matter how useful it is. In today’s age of digitally generated deepfakes, the old adage “seeing is believing" is under siege.

OpenAI unveils GPT-4o, a faster, more efficient and smarter AI platform: All you need to know GPT-4o is said to match the performance of GPT-4 Turbo in English language text, OpenAI's last flagship model unveiled last year, while offering significant improvements in non-English languages. Moreover, GPT-4o has a more wider advantage over its predecessor when it comes to understanding vision and audio inputs. Also Read | OpenAI Unveils GPT-4o: Here's how the Internet reacted to the AI conversation OpenAI President Greg Brockman showcased in a video on Monday how two GPT-4o AI's are capable to having a conversation in real time.

The Commodity Futures Trading Commission (CFTC) has reached a settlement with Falcon Labs, Ltd., a Seychelles-based entity, for operating as an unregistered futures commission merchant (FCM) and facilitating access to digital asset exchanges without proper registration.

shares of Winsol Engineers debuted on the NSE SME platform with a premium of 387% on Tuesday. The stock was listed at Rs 365 as against an issue price of Rs 75. Ahead of the debut, the company's shares traded with a premium of Rs 200 in the unlisted market.

shares of Refractory Shapes debuted on the NSE SME platform with a premium of 142% on Tuesday. The stock was listed at Rs 75 as against an issue price of Rs 31. Ahead of the debut, the company's shares traded with a premium of Rs 15 in the unlisted market.

US tech stocks are not only a bet on innovation but also a possible hedge against inflation, according to some respondents in the latest Bloomberg Markets Live Pulse survey. Gold, the haven of choice for decades, is still seen as the best safeguard against the risk of rising prices, according to 46% of survey participants. But nearly a third said the tech behemoths are their first pick for the role.

₹182.10 apiece on the BSE. The food delivery platform Zomato reported a consolidated net profit of ₹175 crore in the fourth quarter of FY24 as against a loss of ₹188 crore in the same period a year ago. The net profit grew 27% from ₹138 crore posted in the December quarter.