Platform Financial News

Gen Z consumers attach more value to brands with social causes, with 63 per cent of these consumers more likely to buy from such brands that talk about a purpose, said a new report by youth impact organisation Yuvaa, on Gen Z. According to the report released on Saturday, 71 per cent Gen Z consumers prioritise brands that are environment-friendly.

Court has said. The court observed that e-commerce websites are commercial ventures and are inherently profit oriented, which is not objectionable, but they have to protect intellectual property rights of others. «An e-commerce platform cannot become a haven for infringers.

Swati Mishra, a singer has recently garnered sudden attention after her recent bhajan 'Ram Ayenge' caught the attention of Prime Minister Narendra Modi. PM Modi took to his social media account on 'X' to share the video of Mishra's bhajan.

healthcare startup CureBay has raised around Rs 62 crore in a funding round led by existing investor Elevar Equity. The funding round also saw participation from CureBay founders and some of the leadership team members.

The ongoing saga of the FTX bankruptcy has taken a new turn with the latest developments involving the acquisition of the stock-clearing platform Embed. FTX debtors, grappling with the fallout of the crypto exchange's collapse, have proposed a separate litigation settlement in the bankruptcy case, focusing specifically on this controversial acquisition.

The decentralized finance sector faced a significant setback when KyberSwap, a DeFi protocol, suffered a devastating hack in November 2023. The aftermath of this security breach has led to far-reaching consequences, including a drastic reduction in the platform's workforce and efforts to support affected users.

Garena Free Fire continues to maintain its popularity by releasing daily redeem codes, giving players the chance to get their hands on exclusive in-game goodies with little effort. The codes, released by the game's developers, add to the game's already fervent appeal, which has been established through its vibrant graphics and addictive gameplay. Garena Free Fire redeem codes hold a special value amongst enthusiasts of this battle royal game.

“It is not a bad idea to stagger one's investment till March 2024 in three equal instalments each month, and then we are looking at a full-blown bull market for the rest of the year,” saysRakesh Pujara, Founder and Managing Partner at Compounding Wealth Advisors LLP. In an interview with ETMarkets, Pujara said, “We have identified eight sectors based on our proprietary models that look very promising and strong enough to deliver good returns this year such as infra, realty, IT, PSU Banks etc.,” Edited excerpts:

Ant Group is closing in on a deal to buy Dutch payments firm MultiSafepay as part of the Chinese financial technology group's latest push into Western payment markets, people familiar with the matter told Reuters. The transaction, which is subject to regulatory approval, is expected to value MultiSafepay at around $200 million, one of the people said. It generates $50 million in revenue, the person added, speaking on condition of anonymity.

With companies across sectors — led by technology products and services — slashing hiring numbers, IITs are exploring all avenues to ensure that as many students as possible graduate with a job. Meanwhile, some students who are yet to get placed have been applying to off-campus jobs since last month, to have a backup in hand should on-campus offers not come through, students at top IITs told ET.

SentinelOne on Wednesday announced that it had agreed to acquire Bengaluru-based cybersecurity startup PingSafe for an undisclosed amount. The Mountain View-headquartered company in a statement said it will acquire PingSafe for a combination of cash and stock and that the acquisition is expected to conclude in SentinelOne’s first quarter of fiscal year 2025, subject to any applicable regulatory approvals and customary closing conditions.

Commentators who joked on a Polish right-wing television station that migrants should be sent to Auschwitz or be tattooed or microchipped like dogs are facing widespread condemnation

Netflix fans can take a cinematic trip through the platform's impressive collection of award-winning movies, TV shows, and documentaries as the awards season takes center stage. With category codes, which are each a key to a certain genre or event, navigating the extensive collection of over 7,000 movies is made easier.

Karnataka's information technology minister Priyank Kharge on Friday announced that 817 startups have enrolled for Elevate 2023, the state's programme for backing startups with disruptive ideas. The response underscored Karnataka's status as the most favourable environment for innovation and entrepreneurship, the minister said in a post on social media platform X. «The Government of Karnataka is committed to supporting startups’ growth by providing comprehensive assistance in every possible manner,» he added.

Retik Finance ($RETIK): The powerhouse of Q1 2024 Retik Finance takes centre stage as a force to be reckoned with in Q1 2024, presenting itself as the main contender for maximum profits. The platform's motto, «Empowering Finance, Enabling Freedom,» underscores its commitment to revolutionising the financial landscape through decentralised finance (DeFi) solutions. Presale Momentum and Transition Retik Finance is currently in its 4th stage of presale, offering tokens at a highly attractive $0.060 per RETIK token. The presale has witnessed substantial success, with Retik raising over $4.9 million. As Q1 unfolds, Retik Finance is poised to transition from $0.060 to $0.15 upon listing, providing a significant window of opportunity for investors to capitalise on the upward trajectory.

cryptocurrency exchanges are recording higher trading volumes, deposits, and user registrations following Financial Intelligence Unit's (FIU’s) decision on December 28, 2022, to issue compliance show-cause notices to nine global crypto exchanges along with a request to the IT ministry to block their URLs for not adhering to Indian regulatory norms. Leading Indian crypto exchange Coin DCX has recorded a sharp increase in deposits post-FIU's action. “CoinDCX witnesses a phenomenal 2000% surge in crypto deposits as investors prioritise compliance and security. The fact that CoinDCX is the first FIU-registered entity and ISO-certified is working for us. We have enabled crypto deposits, and the process of transferring virtual digital assets (VDAs) from other platforms to CoinDCX is straightforward and hassle-free,” said Sumit Gupta, co-founder & CEO of CoinDCX, which has over 1.4 crore users on its platform currently. “Even our signups have gone up by 2X.” Another prominent crypto exchange, CoinSwitch, witnessed a jump in trading volumes. It also reinstated crypto deposits on Thursday, a service which it had suspended last year.

STAAH, has revealed the top channels across its network of over 19,000 properties. Gobibo and MakeMyTrip owner, GoMMT took the top spot for six years running.

companies are unlikely to have much to cheer about in 2024 if early funding figures are anything to go by. Investments in startups in the first week of 2024 dropped by about 88% from the same period a year ago, totalling $35.8 million across eight deals. In volume terms, deals were down 86% from 59 a year earlier.

Karnataka Bank and Satin Creditcare Network have entered a co-lending arrangement to provide financial support to joint liability groups (JLG) of economically active women, in both rural and semi-urban areas, and to give impetus to the micro credit facilities segment of the country. The arrangement will leverage Karnataka Bank’s low cost of funds and end-to-end digital capabilities and Satin through Yubi platform for co-lending to help the sourcing, servicing and recovery of small-ticket income generation priority sector loans, a statement from Karnataka Bank said. Karnataka Bank MD & CEO Srikrishnan H said: “Karnataka Bank is delighted to enter into this strategic co-lending arrangement with Satin through the platform of Yubi, our Fintech partner. This is part of our stated strategy to collaborate and grow our Advances book in alliance with Fintech partners and controlling the in-flow with the Bank’s credit standards.

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OTT platforms. Let’s have a look. 1) Meg 2 - The Trench: In Meg 2: The Trench, Jason Statham plays rescue diver Jonas Taylor again after the hit 2018 movie The Meg.