Platform Financial News

TikTok, the short-video platform owned by Chinese internet company ByteDance, is facing renewed political pressure in the U.S. from a draft bill that could lead to a ban of its popular video-sharing app. The bill, introduced in Congress on Tuesday, calls for Beijing-based ByteDance to divest itself of TikTok or face the platform being banned from app stores and web-hosting services in the U.S.

Also Read | Bitcoin surge: Why should you still not invest in cryptos? These are 7 key reasons Commenting on the milestone, Ashish Singhal, Co-founder of CoinSwitch said, “Bull markets are a magnet for new users, and crypto is now on a bullish path. To be the most beginner-friendly crypto trading app has been the priority at CoinSwitch since day one.

Trending funds are often displayed prominently on app home pages, search results pages, and promotional materials put out by many fintech apps. These apps utilize eye-catching pictures, banners, or carousel placements to gain attention.

Elon Musk took a jibe at Meta in a post on X. Several Facebook, Instagram, Threads and Messenger platforms experienced login issues.

Vishal Goenka, Co-Founder of IndiaBonds.com believes the the inclusion of Indian bonds in JP Morgan and Bloomberg indices will be a game changer for the Indian fixed-income markets. In an interview with Mint, Goenka emphasised investors should invest in bonds to diversify their portfolios and also highlighted the most important developments in the bond markets in recent times. Edited excerpts: The answer is simple: all financial investors should diversify their portfolios as the basic thumb rule of financial investments.

Japanese police officers have arrested a teenage high schooler on suspicions of operating an illegal Litecoin (LTC) exchange.

Binance’s US arm imploded following SEC allegations regarding violations of securities law, according to the subsidiary’s COO Christopher Blodgett.

₹71 to ₹75 per share. The company plans to raise ₹52.34 crore at the upper end of the price band from the book-built issue which is entirely a fresh issue of 69.79 lakh equity shares. The IPO lot size is 1,600 shares and the minimum investment amount required by retail investors is ₹120,000.

Regalia Gold Credit Card members entitles you to two complimentary flight tickets. You also get a complimentary membership for Club Vistara Silver Tier and Make My Trip Black Elite, using which you can gain access to all the member benefits of these two coveted platforms. The best part is that this is a welcome benefit, which you can avail as soon as you spend an amount of ₹1 lakh within 90 days of the credit card being issued to you.

Bloomberg on Wednesday moved the Delhi High Court challenging the trial court's order directing it take down an article on Zee Entertainment claiming that SEBI has found accounting irregularities of nearly US $240 million at the company. The High Court allowed the urgent listing of the matter for March 7, 2024. On March 1, 2024, a city court directed Bloomberg Television Production Services India Pvt. Ltd. (Bloomberg) to remove a news article published against media major ZEE Entertainment Enterprises Ltd (ZEEL) from its online platform.

Cashfree Payments, on Wednesday, launched a platform centric payment solution‘Embedded Payments’. This solution equips software platforms with the tools to facilitate seamless payment experiences for businesses. The solution aims to revolutionise the way software platforms like enterprise resource planning (ERPs), customer relationship management (CRMs), SaaS or billing platforms and similar solutions, provide payment experience to their end users. Currently, software platform developers struggle with integrating payments into the tools they build for online businesses due to complexities, poor user experience, operational overhead and limited knowledge of compliance. As a result, online businesses or merchants separately integrate payment systems themselves. With the integration of ‘Embedded Payments’, software platforms can enable their end users to make payments for products or services directly on the platform, eliminating the need for redirection to another page or site for the payment process. This will eliminate any disruptions and drop-offs caused due to external payment redirections.

OTT sector. He said, "CSpace is essentially a response to the growing imbalances and multifarious challenges in the OTT sector in terms of content selection and propagation," reported HT.

India's first under-river metro tunnel built in Kolkata on Wednesday. In a monumental development set to transform urban transportation, PM Modi is slated to inaugurate several key metro and rapid transit projects across countries, marking a significant stride towards enhancing urban mobility and connectivity. The Kolkata Metro extension, featuring the Howrah Maidan-Esplanade Metro section, includes the first transportation tunnel in India to pass under a major river, representing a critical milestone in the country's infrastructure development.

Zomato: Antfin Singapore Holdings Pte, a subsidiary of the China-based Ant Group, is reportedly planning to sell up to 2% stake or 17.64 crore shares in the food delivery platform Zomato. The transaction, which is expected to be worth ₹2,800 crore, will be conducted through a block deal, reported CNBC-Awaaz on Tuesday. The block deal's floor price has been set at ₹159.4 per share, indicating a 4% discount on Zomato's current market price, as per the report.

Garena Free Fire and has been gaining traction since the original game was banned by the Indian government in 2022. The battle royale game has won the hearts of Indian fans thanks to its intense graphics and addictive gameplay. Moreover, the developers, 111 Dot Studios, release free redeem codes on a daily basis, which only adds to the constant demand for this popular game.

NEW DELHI : Canadian pension fund CDPQ is in exclusive negotiations to acquire five operational road projects from Ashoka Concessions Ltd, a subsidiary of infrastructure company Ashoka Buildcon. The deal has potential equity and enterprise values of around $325 million and $700 million, respectively, two people aware of the talks said. On 12 December, The Economic Times reported that CDPQ (Caisse de dépôt et placement du Québec) and private-equity firm Actis Llp were in final discussions to acquire the BOT toll road assets of Ashoka Concessions.

IRCTC, JM Financial, Zomato, Samvardhana Motherson among others will be in focus due to various news developments IRCTC IRCTC has signed an MoU with Swiggy to provide pre-ordered meals to passengers via IRCTC e-Catering Services. The services will be made available initially on Bengaluru, Vijayawada, Visakhapatnam & Bhubaneswar stations.

RMG) companies are closely watching the Google versus startups battle over service fees, as they are likely to be the next cohort of application developers to be facing the 15-30% levy beginning June this year. These companies say absorbing a 30% service fee plus 28% goods and services tax will be a double whammy of sorts and will not be sustainable for any business. They are also considering various options to mitigate the impact.

Ethereum Co-Founder Vitalik Buterin caught the crypto community’s attention after his recent transaction involving a large amount of Ethereum. PeckShieldAlert reported that his wallet address, Vitalik.eth, transferred 30 ETH to Railgun and exchanged 27.63 ETH for 100,000 USDC

Ewan McGregor's portrayal of a Russian count, banished to a hotel attic, comes alive in the trailer for the upcoming series 'A Gentleman in Moscow.' The eight-part adaptation of Amor Towles' novel promises a captivating narrative set against the backdrop of Russian history. Trailer, Plot

Kim Kardashian has been acquired by Amazon MGM Studios. The project, based on an original idea by Natalie Krinsky, is currently in development with details about the plot yet to be revealed. Plot