Platform Financial News

Home Depot is buying SRS Distribution, a materials provider for professionals, in a deal valued at approximately $18.25 billion

Four of the largest school boards in the Canadian province of Ontario have launched lawsuits against TikTok, Meta and SnapChat alleging the social media platforms are disrupting student learning

LPL Financial is broadening its East Coast presence yet again as it onboards a New Jersey advisor trio from Wells Fargo. The firm announced the addition of Erick Simonds, Eugene Sninski II, and Lisa Sninski, as they bring Windward Wealth Advisors to the firm’s broker-dealer and custodial platforms.

MUMBAI : TPG-backed online lending platform Fibe, formerly EarlySalary, is looking to secure a new funding round, comprising both primary and secondary capital, said three people in the know. TR Capital, a global fund specializing in secondary investments, is expected to lead the round, acquiring full or partial stakes from the company's existing investors, the people added, seeking anonymity. “The round is likely to be a secondary transaction.

Glavin joins the French asset management giant after more than 16 years at SSGA, having joined the firm in 2006 as head of research for fundamental equities. He was promoted to the CIO role in 2013, a post he held until his departure in May last year. Amundi to acquire private markets specialist Alpha Associates Prior to SSGA, he worked for HSBC Global Asset Management and was based in Paris. He joined the firm in 2000 as a portfolio manager for balanced funds. Two years later, he moved to the London office as head of equity industrials research.  Vafa Ahmadi, head of thematic equi...

Dharma Productions, promoted by film producer Karan Johar, reported a nearly four-fold increase in revenue to ₹1040 crore for the fiscal year ending March 2023, compared to ₹276 crore in the previous fiscal. The company’s revenue growth was driven by Ranbir Kapoor and Alia Bhatt’s Brahmastra: Part One: Shiva. The film collected ₹418 crore in worldwide gross box office collections. Apart from Brahmastra, the company also released Govinda Naam Mera and Selfiee, featuring Vicky Kaushal and Akshay Kumar, respectively, during the fiscal.

1. CoinSwitch: CoinSwitch is the leading cryptocurrency trading app in India, with over 2 crore users. The platform is backed by some of the world’s leading investors, including a16z, Tiger Global, and Sequoia Capital India.

Digitalisation of business, when companies increasingly use digital tools to create efficiencies, understand the market, and reach out to the customer, is gathering pace even after the pandemic which gave a booster shot to e-commerce. India's fast moving consumer goods (FMCG) companies are increasingly betting on digital advertising to reach customers.

The insurance industry is undergoing a significant digital transformation, fundamentally altering the way insurance operates for both insurers and policyholders. Gone are the days of extensive paperwork and complex procedures; now, individuals can easily secure essential health insurance coverage right from their fingertips. With just a few clicks, people can explore a wide range of health insurance options, compare policies, and choose the one that best fits their needs. This digital transformation resulting in buying health insurance online offers multiple advantages, some of which include:

Ensuring the safety of your demat account is paramount in safeguarding your investments and financial assets. With the shift towards electronic trading and the digitisation of securities, demat accounts have become an integral part of the modern investor's toolkit.

IPO of Jay Kailash Namkeen opened for subscription earlier today and will close on April 3. The company aims to raise about Rs 12 crore through the SME IPO and list the shares on the BSE SME platform. Here are 10 key things investors need to know about the public offer before subscribing to the issue.

K2 Infragen opened for subscription earlier today and will close on April 3. The company aims to raise about Rs 40 crore through the SME IPO and list the shares on NSE SME platform. Here are 10 key things investors need to know about the public offer before subscribing to the issue.

LEAP or Level Enhancement and Accreditation Program, is now being extended to Policybazaar’s service advisors. The innovative initiative, which is rooted in Policybazaar’s endeavour of continuous employee engagement and investment, aims at rewarding the top-performing insurance advisors by advancing their career progression. The journey from an SME to Manager, which would previously be spanned over a period of 14 years, can now be completed in just 6 years.

All those bosses still grumbling about the remote-work ethic are right about one thing: We’re working less on Fridays than we used to—some of us, a lot less. Monday through Thursday, American work life has returned to some approximation of normal. The rush hour is back.

stock symbol for former President Donald Trump's Truth Social saw some investor brokerage balances briefly jump by hundreds of thousands of dollars on Tuesday, the first day Trump's "DJT" ticker traded. Several people complained on social media about briefly seeing the value of their DJT stock holdings on Charles Schwab platforms inflated to figures more in line with what they would be worth if the shares traded at the level of the Dow Jones Transportation Average.

consumer goods manufacturers. They have launched more premium products than mass-market ones in the last two years in several categories as per data from companies and market researchers. Inflation in the last financial year played a key role, said experts, taking a toll on mass-segment sales as prices went up across products while economic stress in the low to middle income groups hasn't eased up much since the pandemic period. More than 70% of the new products launched by India's largest consumer goods maker Hindustan Unilever in last two years were in the premium segment. Around 65% of all new personal care product launches were in the premium segment for ITC Ltd, doubling the contribution of such products to the division's sales in the last four years to 38%. For the largest biscuit maker Parle Products, around 60-65% of new launches were in the premium segment as compared to 40% pre-Covid.

In the dynamic realm of cryptocurrency investments, a new narrative unfolds as MicroStrategy makes headlines with its decision to allocate a portion of its stocks to Bitcoin. Yet, amidst this buzz, savvy investors are observing a different opportunity—a chance for exponential growth and innovation through the Healix Protocol presale.

27 March 2024 – XCAD Network, a tokenisation platform for YouTubers that allows them to reward their viewers with tokens, today announced that it entered into a Memorandum of Understanding (MOU) with Pakistan’s Khyber Pakhtunkhwa Government Technical Education & Vocational Training Authority Khyber Pakhtunkhwa, Ministry of Education to support Web3 education in the country. 

DeltaPrana is pleased to announce the opening of its Initial Coin Offering (ICO), which will significantly improve network connectivity, transaction scalability, and security. With this action, DeltaPrana has achieved a significant step in its goal of smoothly fusing cutting-edge transaction platforms with sustainable development, guaranteeing an easy-to-use trading environment with unmatched advantages.

NBC News will cut ties with former Republican National Committee chief Ronna McDaniel, hired last week as an on-air political contributor

A person familiar with the matter says the Federal Trade Commission is investigating TikTok over its data and security practices