Platform Financial News
10.01 / 08:50
markets
Digital
Platform
security
Schools
International
Fintech firm Mylapay raises Rs 4.6 crore in seed funding round led by CDM Capital
Fintech firm Mylapay said it has raised Rs 4.6 crore in a seed funding round led by venture capital firm CDM Capital. Singapore-based Saison Capital, the venture arm of Credit Saison, and 77 Capital, led by fintech veteran Amit Goel. Mylapay addresses challenges in the payment industry, such as high transaction failure rates and the intricacies of complex payment operations through the company's unified cloud-based platform.
10.01 / 08:43
UPS
Platform
Trade
War
show
country
Rising prices cap India's thirst for Russian oil
Ukraine war have fallen to an 11-month low as the price tag on the discounted oil rises, figures show. Since the invasion of Ukraine nearly two years ago, India has bought hundreds of millions of barrels of cut-price Russian crude, saving itself billions of dollars while bolstering Moscow's war coffers. The purchases have catapulted it to second place among Russia's customers behind China, and Indian officials have made no secret of their decision to prioritise national interest over international sanctions against Moscow. But the price of Russian crude has risen in the face of OPEC+ production cuts and increased demand from China, analysts say, making it less attractive to Indian customers. Indian refiners bought 1.45 million barrels per day of Russian oil last month, their lowest amount since last January and down nearly 16 percent from November, according to global energy trade intelligence platform Kpler. The «interplay between India and China» was a key driver of the change, Viktor Katona, lead crude analyst at Kpler told AFP, «as both countries now vie for the same barrels». The biggest beneficiary of the change is Moscow: Russian crude has been trading above $85 per barrel, reports say, even though a coalition of the G7, EU and Australia imposed a $60 price cap a year ago. New Delhi's reduced imports will be welcomed by some European policymakers who have raised concerns over how Indian refiners have processed Russian crude into fuel for the European market, effectively bypassing the EU's sanctions. New Delhi and Moscow have ties dating back to the Cold War, and Russia remains by far the biggest arms supplier to the world's most populous country. India has shied away from explicit condemnations of Russia
10.01 / 08:05
markets
Target
FIVE
Platform
WhatsApp
trends
Updates
Tata Power to outperform the sector, says Antique Broking; raises target price on stock
₹1 lakh crore. Antique Stock Broking raised the target price of Tata Power shares as it believes the company will outperform the sector for three crucial reasons. The brokerage firm maintained a ‘Buy’ rating on the stock and revised the target price to ₹450 per share from ₹422 earlier, implying an upside of more than 32% from Tuesday’s closing price.
10.01 / 07:57
markets
Booking
Progressive
CEO
Platform
Remark
travelers
EaseMyTrip expands reach, takes flight in insurance sector with new subsidiary
₹7.9 trillion and growing at a rapid 32-34 per cent annually, the company disclosed in an exchange filing. Also Read | ‘Tourism stands as…’ Maldives tour and travel body urges EaseMyTrip CEO to resume flight bookings, extends apology Nishant Pitti, CEO and Co-Founder, of EaseMyTrip, said, “We are elated to announce the launch of EaseMyTrip Insurance Broker Private Limited.
10.01 / 07:57
markets
Platform
Mobile
ByteDance
TikTok
show
reports
TikTok becomes first app to cross $10 billion in in-app spending
ByteDance Ltd.’s TikTok became the first app to surpass $10 billion in cumulative consumer spending, helping power mobile app sales to a new high in a year revenue from games was down, according to the latest annual report by data.ai. Video-streaming platforms like TikTok and Disney+ drove an 11% rise in consumer app sales in 2023, showing resilient demand while the games industry dealt with a double-digit sales decline in China that dragged global sales down 2%.
10.01 / 07:55
Digital
CEO
Platform
Mobile
Food
Trade
innovations
Cross-border trades to be a game-changer for ONDC: CEO T Koshy
I think there’s a lot of room for growth. ONDC and McKinsey have jointly published a report in which we examined the potential for e-commerce in India. According to McKinsey, ONDC will enable a 5-fold rise in India’s digital consumption to $340 billion.
10.01 / 06:25
Citi
Platform
Apple
Remark
wellness
reports
prevention
Apple faces new challenge in China, authorities develop breakthrough method for AirDrop surveillance
AirDrop, as stated by the city's judicial bureau in an online announcement. The agency reported that law enforcement has identified several suspects using this technique but did not reveal whether any arrests have been made. “It improves the efficiency and accuracy of case-solving and prevents the spread of inappropriate remarks as well as potential bad influences," said the bureau.
10.01 / 06:20
Blockchain
MET
Fox
Polygon
Platform
track
open
Fox Launches Blockchain-based Open Source Platform with Polygon Labs
The Fox Corporation has partnered with Polygon Labs to unveil the new blockchain-based Verify, an open source platform designed to verify the authenticity of content and track its use across the web.
10.01 / 02:31
SEC
Platform
security
Trade
Bitcoin
social
approved
NOT
U.S. has not approved a bitcoin exchange trade fund, SEC says after alleged hack
The U.S. Securities and Exchange Commission said Tuesday that a post sent from the agency’s account on the social platform X announcing the approval of a long-awaited bitcoin exchange-traded fund was “unauthorized,” and that the agency’s account was hacked.
10.01 / 01:39
Platform
Election
Injustice
wellness
social
Centre
'Kannadigas insulted': CM Siddaramaiah lashes out at Centre for denying Karnataka a tableau in Republic Day parade
26 January Republic Day Parade, scheduled to be held in national capital Delhi. On Tuesday Karnataka Chief Minister Siddaramaiah took to microblogging platform X to hit out at Indian government by accusing them of ‘denying’ the Karnataka tableau because ‘there is Congress government’ in the state.
10.01 / 00:46
CEO
Platform
security
wellness
Instagram
social
Updates
Instagram, Facebook owner Meta to restrict teen content surrounding eating disorders, self-harm and suicide. Know more
Instagram's parent company Meta on Tuesday announced that it is including security measures to the accounts of teen users for protecting them from content that is age-inappropriate from the search results as well as the explore pages on Facebook and Instagram. Further, it will notify the teens to update their privacy settings. This comes amidst the lawsuits from states surrounding child safety and an approaching hearing before the Senate. The social media platform will be removing content around suicide, eating disorders, and self-harm, from the accounts of the teen users on Facebook and Instagram. This will be followed even if such content is being shared by a user whom they follow. Meta has further added that though 'self-harm' content can help to reduce the stigma around these issues, it is a rather complicated topic and is not suitable for all young people.
10.01 / 00:38
Provident
Platform
security
reports
Department
prevention
Courts
New rule tightens worker classification standards; Uber, Lyft say their drivers won't be affected
The Biden administration enacted a new labor rule Tuesday that aims to prevent the misclassification of workers as “independent contractors,” a step that could bolster both legal protections and compensation for millions in the U.S. workforce
09.01 / 23:56
09.01 / 20:08
Provident
Digital
Extreme
Platform
Action
Simulation
Features
Best Joysticks in India for Ultimate Gaming and Control
These sticks are certain to elevate your gaming experience, whether you're a beginner or a passionate gamer, propelling you to a professional gaming level with their special features. All these sticks promise precision, durability, and ergonomic design, catering to diverse gaming preferences. Let's explore the world of superior gaming and upgrade your playtime.
09.01 / 19:41
markets
UPS
Digital
Platform
Experts
stage
2024
Pandoshi Token Gaining More Attention in 2024
In the fast-moving world of cryptocurrencies, we’re currently seeing a period where the prices of many digital coins are going up. This possible bull market is attracting all kinds of investors who are looking for the next big profit maker. There’s especially a lot of interest in new presales that haven’t been sold yet and meme coins, as they often offer the chance for quick and big profits.
09.01 / 17:46
markets
UPS
Platform
Entertainment
film
show
audience
place
OTT in India: Between a rock and a hard place
₹125-130 crore in the past year, a trend that has led to reduced opportunities for low-budget films or those with lacklustre box office performances. “All platforms have started looking at pricing differently, but it is the mid-level titles that will suffer. That is why for the overall health of the industry, the dependence on theatrical revenues has to return," said Shariq Patel, chief business officer, Zee Studios.
09.01 / 17:35
UPS
Williams
Platform
film
Instagram
Investigations
'Only Murders in the Building' Season 4: Release date, cast, streaming platform, everything you should know
Only Murders in the Building' is certain to return for Season 4. Hulu's star-studded comedy series has proven to be one of its biggest hits in recent years. According to Rotten Tomatoes, it has averaged 97% across its three seasons. 'Only Murders in the Building' follows three strangers, Mabel (Selena Gomez), Charles (Steve Martin), and Oliver (Martin Short), who share an obsession with true crime. They get wrapped up in a criminal conspiracy.
09.01 / 16:26
Platform
security
Sustainability
Trade
President
show
country
bin
‘Welcome to India my brother’, PM Modi receives UAE President Mohamed Bin Zayed at airport
Narendra Modi received him at the airport and the two will hold a roadshow. Gujarat Chief Minister Bhupendrabhai Patel, External Affairs Minister S Jaishankar, National Security Advisor Ajit Doval, Foreign Secretary Vinay Mohan Kwatra and other officials were present at the airport to welcome the UAE President. The UAE President was accorded a ceremonial guard of honour upon his arrival.
09.01 / 15:45
09.01 / 15:30
UPS
CEO
Platform
community
love
reports
prevention
Real estate takes top spot in estate planning survey
Take note, financial advisors. Home is not only where the heart is, it’s also where the estate planning is.
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