Platform Financial News

26.02 / 13:11

Man Platform Action Discover Photos Investigations International BMO bankers sent each other crude memes before getting fired, investigation finds

Junior bankers who were recently fired from Bank of Montreal’s metals and mining group used work-sharing platforms to circulate crude jokes and at least one obscene image, which were discovered during an internal investigation after another employee complained, according to people with knowledge of the matter.

26.02 / 12:55

markets Telegram Platform security WhatsApp Trade social SEBI warns against fraudulent trading schemes offered by FPIs

Securities and Exchange Board of India has cautioned against fraudulent trading platforms, claiming to have affiliations with registered foreign portfolio investors and offering trading opportunities to resident Indians. Fraudsters are enticing victims through online trading courses, seminars, and mentorship programs in the stock market, leveraging social media platforms like WhatsApp or Telegram, as well as live broadcasts, the regulator said.

26.02 / 12:55

markets COST Platform Food reports Schools Quick service restaurants' revenue, margin under severe stress; recovery seems distant: report

food delivery apps like Zomato and Swiggy, quick service restaurant operators are finding the going tough with both their revenue and margin coming under severe stress while road to recovery is longer than estimated, says a report. The report by French brokerage BNP Paribas stated that the rising popularity of food aggregators has hurt dine-in sales of quick service restaurants (QSR) and has also fragmented delivery sales. Also, with more restaurants partnering with food delivery platforms, consumers now have more options, leading to fragmented sales which are likely playing a part in the weakness in average daily sales of the QSR industry besides the general weakness in demand due to elevated inflation, the report highlighted.

26.02 / 12:55

markets Citi Platform economy wellness Diversity International Goldman Sachs, Mubadala to invest $1 billion in Asia Pacific private credit market

Goldman Sachs and Mubadala Investment Company have signed a $1-billion separately managed account in which Mubadala and Goldman Sachs will co-invest in private credit opportunities throughout the Asia Pacific region, said a joint statement. The Partnership will be managed by Private Credit at Goldman Sachs Alternatives, with a dedicated on-the-ground team across multiple Asia Pacific markets. The global Private Credit team consists of 165 credit investment professionals overseeing more than $110 billion in assets under management (AUM).

26.02 / 12:13

UPS Platform Strategy AXA wellness reports AXA IM promotes Jérôme Broustra to head of global rates

He will be based in Paris and report to global head of fixed income Marion le Morhedec. Broustra has been at AXA IM for over 20 years, and was most recently head of investment specialists for fixed income and multi-asset solutions for the Core Investments platform. AXA Framlington shakes up management of £600m UK Select Opportunities In his new role, he will be responsible for global rates strategies for institutional and third-party clients, while overseeing AXA IM's inflation investment capabilities, as well as the Swiss and Japanese fixed income business. le Morhedec said: «I...

26.02 / 11:35

markets UPS Platform Research Trade Domino's Pizza loyalty program revamp, Uber Eats tie-up drive up sales

(Reuters) -Domino's Pizza surpassed Wall Street expectations for quarterly same-store sales on Monday, as a revamp of its loyalty program and its delivery partnership with Uber (NYSE:UBER) Eats boosted appetite for its pizzas and chicken wings.

26.02 / 11:17

BLOCK Digital Platform Justice social Courts rights US Supreme Court to weigh Florida, Texas laws constraining social media companies

By John Kruzel and Andrew Chung

26.02 / 10:51

Provident Platform security shooting information reports politician ‘Sparing your life because….’: Nafe Singh Rathee's killers told his nephew after shooting

Nafe Singh Rathee and one of his three bodyguards succumbed due to heavy bleeding, the other two are in critical condition. The Haryana police are scanning the CCTV footage around the area and have identified a suspected car.

26.02 / 09:41

Provident Google CEO Platform voice Features Videos OpenAI's ChatGPT unveils game-changing widget for better smartphone interaction

ChatGPT's accessibility by providing users with quick access directly from their home screens. Offering a range of options, including shortcuts for text, voice, and video queries, the ChatGPT widget streamlines interaction with the AI chatbot. Notably, the widget facilitates the initiation of conversation mode, enabling seamless interaction with ChatGPT without navigating away from the home screen.

26.02 / 09:41

Digital Platform Remark trends Trade song Multibagger: This small-cap stock turned ₹10,000 into ₹14.4 lakh in 10 years

Tips Industries, one of India’s leading entertainment companies is one such stock that has managed to maintain a consistent upward trajectory over the last five calendar years, delivering steady returns to its investors. Also Read: Q3 results review: PL adds IndiGo, Astral, ups exposure in RIL, Airtel; cuts weight of HDFC Bank, ITC in model portfolio The company's shares saw significant growth over the years, with a 47% increase in CY19, followed by a remarkable surge of 252% in CY20. This positive trend continued into CY21, with a return of 487%.

26.02 / 09:41

Google CEO Platform Action Gemini President social Sundar Pichai, Google CEO, will be fired or he will resign, predicts this market veteran

Samir Arora has said that Google's parent company, Alphabet's CEO Sundar Pichai will be fired or he will resign after Google's AI platform Gemini. Responding to inquiries on social media platform X (formerly Twitter), Arora expressed his belief that Pichai's tenure might come to an end soon, asserting, «My guess is he will be fired or resign — as he should. After being in the lead on AI he has completely failed on this and let others take over.» Samir Arora was responding to a question by a social media user about Google Gemini.

26.02 / 09:41

Platform wellness prevention Discrimination Courts rights Editorial Big Tech Censorship Goes to the Supreme Court

Can government tell Big Tech companies how to edit content and police their platforms? That’s the question before the Supreme Court on Monday in two cases with major First Amendment implications (Moody v. NetChoice and NetChoice v. Paxton).

26.02 / 08:01

Platform Highways stage social Department prevention Traffic Maratha quota agitation: Internet services suspended in 3 districts of Maharashtra

Internet services were suspended on Monday in Maharashtra's Jalna, Chhatrapati Sambhajinagar and Beed districts to maintain law and order in view of the Maratha quota agitation led by activist Manoj Jarange, officials said on Monday. As a precautionary measure, borders of these districts have also been sealed, they said. The internet services in the three districts have been suspended with effect from 6 am to 4 pm to avoid any untoward incident due to rumours on social media platforms, an official said quoting an order of the state home department. Three cases has been registered in Beed district for agitations without permission, another official said adding that two persons have been arrested for damaging a state transport bus.

26.02 / 07:10

Digital Platform Software Sustainability Food cover prevention Peak XV launches Spark 03 cohort with 14 startups including 16 female founders

Venture capital firm Peak XV, formerly Sequoia Capital India and South East Asia, on Monday said it has launched new startup cohort Spark 03 with 14 companies that include 16 female founders.

26.02 / 07:10

markets Digital Platform Sustainability Remark Trade performer Is 2024 the year to invest in precious metals?

In recent years, the performance of precious metals has displayed remarkable resilience and stability, making them an attractive option for investors seeking to diversify their portfolios. Gold, for instance, experienced significant growth in 2023, marking an annual increase of approximately 13%.

26.02 / 07:10

COST Provident Platform Align Bill electronic travelers How to earn higher cashbacks with credit card payments

Who does not like earning while spending? This may not sound unrealistic, but it is very much possible with credit cards. Credit card cashback is a rewards initiative wherein cardholders receive a portion of their spending amount back on purchases. This cashback is either applied as a credit to the cardholder’s account or offset against upcoming bills, reducing the overall cost of transactions. When utilising a credit card for a purchase, a specific percentage of the transaction amount is refunded to the cardholder as cashback. The exact percentage is contingent on the card’s terms, conditions, and the nature of the transaction.

26.02 / 07:09

Ripple Platform Pool Trade Experts performer innovations Exploring alternative real estate investment vehicles: REITs, crowdfunding and more

The Indian real estate sector is undergoing a monumental shift, with innovative models throwing open gates to an asset class confined to ultra HNIs and seasoned investors. As emerging alternatives like REITs, fractional ownership platforms and real estate crowdfunding disrupt traditional paradigms; they carve out a niche for millennials and first-time investors through lower entry barriers, steady returns and transparency.

26.02 / 07:09

Provident Digital Platform security economy information diving Instant Loan: 8 things to consider before taking an instant loan online

In the fast-paced digital economy, obtaining an instant loan online has become an increasingly popular choice for individuals seeking quick financial solutions. The convenience and speed offered by these online platforms can be a boon, but it is crucial for borrowers to tread carefully.

26.02 / 07:09

markets Platform show electronic Credit card spends rise 30% y-o-y to Rs 1.7 trillion in January

Credit card spends rose 30.3% year-on-year (y-o-y) to Rs 1.7 trillion in January, latest data from the Reserve Bank of India (RBI) showed.

26.02 / 07:07

Platform Delhi CM Arvind Kejriwal to visit Rajghat to mark one year of Manish Sisodia's arrest

Arvind Kejriwal will be visiting Delhi's Rajghat with Delhi cabinet ministers and MLAs on Monday, February 26. The Delhi CM's move marks one year since the day of arrest of former Deputy CM Manish Sisodia.

26.02 / 06:45

UPS IPO Platform Food reports Schools Swiggy changes company’s registered name to reflect ‘core brand’ ahead of planned IPO

Swiggy has changed its registered name from Bundl Technologies Pvt Ltd to Swiggy Pvt Ltd through a special resolution passed by the shareholders of the company. “The change in the name of the company will help establish greater proximity and identification of the company’s corporate name with the company’s core brand, ‘Swiggy’,” the food delivery platform said in the resolution, as per regulatory filings made with the Registrar of Companies (RoC).

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