Platform Financial News

17.01 / 08:27
markets IPO Manufacturing Platform Food reports testing Qualitek Labs IPO: Issue price set at ₹100 per share; check key dates, lot size and other details
₹100 per equity share with a face value of ₹10. The initial public offering (IPO) will open for subscription on January 18 (Thursday) and close on January 22 (Monday). Through the issue, the company aims to raise ₹19.64 crore via the issuance of 19.64 lakh fresh equity shares.
17.01 / 07:53
UPS Provident Target Booking Platform Enterprise Alteria Capital eyes up to $100 mn fundraise for Shorter Duration Fund
Mint. The fund will support fintech, consumer, and B2B platforms, especially those with liquidity needs for inventory build-up, receivables, and book debts, Murali said. “By creating these two sleeves of debt options for founders, we want to ensure founders are able to meet their short - medium term needs to create strong enterprise value".
17.01 / 07:17
Provident Digital Platform Sustainability Trade Department International Namma Yatri app: New app for auto rides allows Delhiites to choose fare, drivers
ONDC), and currently has 10,000 auto-rickshaw drivers on board, contributing to convenient and sustainable transport, officials said. The Open Network for Digital Commerce (ONDC) is an initiative of the Department for Promotion of Industry and Internal Trade (DPIIT) under the Ministry of Commerce and Industry. "Delhi takes the next step towards bringing consumers, providers, and tech platforms together.
17.01 / 07:09
markets Blockchain Ethereum Platform security social NOT Ethereum Co-Founder Vitalik Buterin Says Validiums are Not Genuine Rollup Solutions
Vitalik Buterin, the co-founder of Ethereum (ETH), has ignited a debate about the classification of various layer 2 scaling solutions.
17.01 / 07:05
Digital Platform security social inclusion Schools Updates Medial App secures $120,000 in funding led by FirstCheque VC
Social media platform Medial App has raised $120,000 in a pre-seed funding round led by FirstCheque VC, with participation from angel investors including Nayan Jadeja, Rohitashwa Choudhary, Ankit Aggarwal and others. With a beta-stage user base of over 5,000, Medial is set to launch by the end of January 2024 officially.
17.01 / 07:00
Waves Digital Platform Sustainability Healthcare information recommendations surfing Cyient keeps surfing the AI wave. And its rally is far from over
Artificial intelligence has evolved remarkably over the years, seamlessly integrating into our world. It has been reshaping the way we interact with technology. From voice-activated virtual assistants such as Siri and Alexa to personalized recommendations on streaming platforms, AI has become an indispensable part of our daily lives.
17.01 / 06:51
Digital Manufacturing Platform Align Photography country Features Hindustan Aeronautics Limited unveils indigenous civil platforms at Wings India 2024
Wings India 2024, commencing January 18 at Begumpet Airport in Hyderabad, Hindustan Aeronautics Limited (HAL), the aerospace, and defense equipment manufacturer, is set to showcase its homegrown civil platforms. Among the highlights are the Hindustan-228 aircraft and the upgraded civil variant of ALH Dhruv helicopter. The HAL stall, spanning four days, will exhibit scale models of LUH (civil variant), Hindustan-228, ALH (civil variant), Line Replaceable Units (LRUs), and accessories related to civil aircraft.
17.01 / 05:44
Blockchain Platform community Bitcoin voice innovations Updates BRC-20 Token Standard Creator Opposes UniSat Wallet's Proposed Fork
A significant disagreement has arisen concerning the BRC-20 token standard on the Bitcoin blockchain. Domo, the creator of the Bitcoin BRC-20 token standard, has publicly expressed opposition to an upcoming fork proposed by UniSat Wallet. This disagreement highlights a crucial debate in the crypto world about the balance between innovation and stability.
17.01 / 05:44
Digital Platform Research Universities stage social information Stanford University's Percy Liang Spearheads AI Transparency Initiative
In the rapidly evolving landscape of artificial intelligence, the emergence of foundation models like GPT-4 and Llama 2 has transformed numerous sectors, influencing decisions and shaping user experiences on a global scale. However, despite their widespread use and impact, there is a growing concern about the lack of transparency in these models. This issue is not limited to AI; it echoes the transparency challenges faced by previous digital technologies, such as social media platforms, where consumers grappled with deceptive practices and misinformation​​​​.
17.01 / 05:44
ETH Platform wellness trends Trade reports surges DeFi TVL Surges to $55.365 Billion, Lido Finance Peaks at $22 Billion
The total value locked (TVL) in global decentralized finance (DeFi) has undergone a huge boost, hitting $55.365 billion with the help of a stunning spike that occurred over the course of twenty-four hours. The increased interest and trust in decentralized finance platforms and technology is reflected in this expansion, which is part of a larger trend. 
17.01 / 05:43
Blockchain COST Platform security Align community Scroll's 2024 Agenda: Lower Costs, Enhanced Security, and Increased Decentralization
As we step into the year 2024, the blockchain technology landscape continues to evolve, with significant contributions from pioneering layer 2 companies like Scroll. Co-founder Sandy Peng, through a recent Twitter update, has outlined Scroll's ambitious technical roadmap for the year, highlighting their commitment to making blockchain technology more accessible, secure, and decentralized.
17.01 / 05:31
Citi Waves Manufacturing Platform Sustainability Enterprise country SIDBI ET MSME Conclave: Third session in Ludhiana to look at manufacturing and expansion landscape
SIDBI ET MSME Conclave is now set to enter Punjab. The third session is scheduled to be held in Ludhiana on January 19. The conclave is a series of events being held across the country with the aim to bring together micro, small & medium enterprises (MSMEs), policymakers and ecosystem enablers. To register for the Ludhiana conclave, click here. The first two sessions were held in Indore and Bhubaneswar. Those events had a stellar turnout and were abuzz with participants discussing ideas and policies, and exploring networking opportunities.
17.01 / 03:51
Platform Justice social reports prevention Courts MS Dhoni sued for defamation by former business partners in Delhi HC
MS Dhoni have filed a defamation case against the cricketer in the Delhi High Court. The plea is listed for hearing on January 18 before Justice Prathiba M Singh. Plaintiffs and former business partners Mihit Diwakar along with his wife Soumya Das filed a request for a permanent injunction and damages against Dhoni, social media platforms, and media houses.
17.01 / 02:53
regulation Platform Trade Courts South Korean Bankruptcy Court Judge Calls for More Crypto Regulation
A South Korean bankruptcy court judge has called on the government to bolster regulation in the crypto industry, claiming investors need more protection.
16.01 / 22:41
SEC Platform coinbase security Trade Bitcoin Courts week Coinbase Faces a Crucial Week: Potential 30% Revenue Drop Looms – Here’s Why
Crypto exchange Coinbase risks losing one-third of its total revenue due to ongoing legal pressure from federal regulators, according to several analysts familiar with the matter.
16.01 / 21:33
Citi Platform Netflix Eagle STU information Netflix's February 2024 Departures: Here’s complete list of titles
Netflix users in the United States can expect a slew of departures from the streaming platform. Licensing agreements, determining the availability of content, prompt the removals. Here's a straightforward breakdown of what's leaving throughout the month.
16.01 / 19:43
UPS FIVE CEO Platform Healthcare Interviews Medikabazaar looks to raise up to $200 mn for expansion
Medikabazaar, India's largest B2B e-commerce marketplace for medical supplies, is gearing up to raise $150-$200 million from private equity investors to fund expansion through acquisitions and organic growth. «We are actively seeking another substantial round of investment to fuel our expansion,» said Vivek Tiwari, co-founder and CEO of Medikabazaar, in an interview to ET.
16.01 / 19:42
UPS Citi CEO Platform Sustainability cover Palava City annual revenue may top Rs 8000 cr in a few years: Realty major Lodha
Realty major Lodha, listed as Macrotech Developers, expects its integrated smart township Palava City spread over nearly 5,000 acres near Mumbai to scale up and generate revenues worth $1 billion, or over Rs 8,000 crore per year, in the next few years, led by the development of residential and commercial properties including offices, a life sciences hub, warehousing & industrial spaces, said a top company official. The development at Palava City started in 2010, with phase 1 covering 300 acres that was sold out and delivered to nearly 20,000 families in 4-5 years. In 2014, the company started with phase 2 spanning 1,000 acres with over 75 million sq ft of developable area, of which over 20 million sq ft is complete.
16.01 / 19:23
Twitter Platform security Strategy Food President information Uber cuts off Drizly, alcohol delivery app it bought for $1.1 billion three years ago
Uber is shutting down alcohol delivery app Drizly, the company confirmed this week, just under three years after acquiring the platform for $1.1 billion
16.01 / 18:51
markets UPS Platform Strategy performer reports Q4 Goldman Sachs shatters Q4 earnings; ProPicks' Beat S&P 500 strategy soars on news
Investing.com — Goldman Sachs (NYSE:GS) reported its Q4/23 results today, with EPS of $5.48 coming in better than the consensus estimate of $3.80. Following the results, Goldman Sachs’ shares rose more than 1% pre-market today.
16.01 / 18:46
COST Provident Digital CEO Platform guidelines Karnataka Bank and Clix Capital enter into a Co-Lending partnership
Clix Capital, one of India's fastest-growing new-age NBFCs, have entered into a strategic digital co-lending partnership through Yubi Co.lend Platform. This partnership is focused on providing loans to the Indian MSME sector which is one of the biggest contributors to India's GDP and employment growth.

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