Platform Financial News

As the U.S. races to build offshore wind power projects that will transform coastlines from Maine to South Carolina, much remains unknown about how the facilities could affect the environment

India and Saudi Arabia have agreed to expand trade and security ties, two days after their leaders and others attending a Group of 20 summit announced a new railways and port corridor deal that will link India, Middle East and Europe

Stocks that are trading heavily or have substantial price changes Monday: Qualcomm, Meta Platforms rise; J

By Brendan Pierson

With a nod toward LPL Financial Holdings Inc.’s recent successes in both recruiting financial advisors as well as signing up large outside firms like banks to use its platform, Barclays Equity Research slapped a brand-new “overweight” rating on shares of LPL Financial (LPLA).

Wilderness" is set to debut on Amazon Prime Video at the end of the week. This show, starring Jenna Coleman and Oliver Jackson-Cohen, takes a closer look at a seemingly perfect marriage. Adapted from B.E. Jones' book of the same name, it's a story you won't want to miss.

₹2,069 crore through an affiliate. In 2020, KKR had invested ₹5,550 crore for the first time in the retail business, spanning grocery, consumer electronics, apparel, footwear, online commerce, and jewellery. For this transaction, RRVL had a pre-money equity value of ₹8.361 trillion, which makes it among the top four companies by equity value in India, said Reliance Industries Ltd (RIL) in a filing to exchanges on Monday.

MUMBAI : Byju’s has put up kids’ reading platform Epic and higher education platform Great Learning for sale, three people aware of the development said, as the edtech giant tries to raise money and pay off a $1.2 billion loan it raised in November 2021. The sale will also help Think & Learn Pvt. Ltd, which runs Byju’s, weed out businesses that it does not consider central to its long-term goals, the people said on condition of anonymity.

How it works NCMCs are issued as prepaid and debit Rupay cards and will soon be issued as credit cards as well. A prepaid card can be bought from metro stations by completing online KYC at the issuing bank’s platform. Debit cards, on the other hand, are issued by the bank.

Tiger Global-backed fintech unicorn Razorpay has acquired Mumbai-based JHKP Technologies Pvt. Ltd, which operates digital invoicing and customer engagement platform BillMe, in a bid to expand its offline business. Razorpay didn’t disclose the financial details of the transaction.

By Sri Hari N S and Manya Saini

Hotstar has scored record runs with viewership. Disney+ Hotstar today set a new record during the India and Pakistan's super 4 round match in Asia Cup with a peak concurrency of 2.8 crore viewers, according to industry sources. To achieve this feat, Disney + Hotstar beat its own 2019 World Cup record during the India vs New Zealand semi-final match, when MS Dhoni was tad short of getting into the crease to save his wicket and India's chances of moving into the finals. Disney Star, which operates Star Sports channels and Disney+ Hotstar OTT, is broadcasting the Asia Cup on TV and digital platforms. It also owns media rights for both platforms for the upcoming 50-overs ICC World Cup 2023 tournament. Arch cricket rivals India and Pakistan faced each other on September 3 in a group match in Asia Cup, but the match had to be suspended due to rains.

(Reuters) — U.S. shale oil producer Diamondback (NASDAQ:FANG) Energy has formed a new joint venture with private equity firm Five Point Energy LLC to create a water infrastructure network in the Midland Basin that is part of the oil-rich Permian in Texas.

G-20 Summit, describing its outcome as a diplomatic victory for Prime Minister Narendra Modi who is pushing to increase the country's influence on the world stage and pressing for reforms in global institutions, including the United Nations. India managed to hammer out the unexpected consensus among the G20 countries on the contentious Ukraine conflict through a series of hectic negotiations with emerging economies such as Brazil, South Africa and Indonesia playing a leading role in reaching the agreement on the declaration on the first day of the summit. The New Delhi summit declaration also called for reforming of international financial institutions, managing debt vulnerabilities of low and middle-income countries and the start of the exchange of tax-relevant information on crypto assets by 2027. «Some experts saw the agreement as a win for Russia, while others read it as an achievement for the West.

KKR, will invest Rs 2,069.50 crore in Reliance Retail Ventures Ltd, thereby raising its stake to 1.42% from 1.17% in the retail behemoth. The follow-on investment by KKR values the retail subsidiary of Reliance Industries at Rs 8.36 lakh crore (approximately $101 billion), which is the double the valuation it got during the fundraising in 2020. “This investment values RRVL at a pre-money equity value of Rs 8.361 lakh crore, which makes it among the top four companies by equity value in the country,” RIL said in a release. In 2020, KKR had invested Rs 5,550 crore in Reliance Retail for a 1.17% stake. Three years ago, the retail behemoth had raised Rs 47,265 crore from various global investors, including KKR, at a pre-money equity value of Rs 4.21 lakh crore. “Throughout our investment period in Reliance Retail, we have been impressed by the company’s vision and extensive work to empower retailers across India through digitalization, as well as by its resilience and performance in spite of the pandemic and other disruptions,” said Joe Bae, Co-CEO, KKR. Reliance Retail operates India's largest retail business with an integrated omni-channel network of over 18,500 stores and digital commerce platforms across grocery, consumer electronics, fashion & lifestyle, and pharma consumption baskets. “We look forward to continued engagement with KKR and to benefit from their global platform, industry knowledge and operational expertise, in our journey towards driving transformation of the Indian retail sector,” said Isha Mukesh Ambani, director, Reliance Retail. The investment by KKR follows Qatari sovereign wealth fund Qatar Investment Authority’s $1 billion investment in Reliance Retail for a nearly 1% stake.

India vs Pakistan LIVE Score As soon as Virat Kohli became the fastest man to score 13,000 runs, fans went gaga on the internet. Social media platforms flooded with wishes and messages for ‘King Kohli’.

Stellar Lumens (XLM) is on the come-back as markets brace for as markets brace for a highly anticipated announcement from the Stellar organisation tomorrow (September 12).

Bitgamo, a Luxemburg-based emerging crypto to fiat exchange, has announced that it would establish 75 cryptocurrency ATMs across Europe in 2024, promising the best rate in the market.

Registration Link - https://themomsco.com/mompreneur?utm_source=Organic&utm_medium=Press+Release&utm_campaign=Mompreneur_Registration National, 2023: The Mompreneurs Show, one of India’s largest multi stakeholder platforms dedicated to empowering and mentoring mom micro entrepreneurs from across India, launched by The Moms Co, India's leading toxin-free & natural personal care D2C Mother & baby brand, proudly announces additions to its esteemed partners coming together to support the dynamic community of Mompreneurs across India. Each Partner brings their unique expertise and resources & will support through Skill Building & Mentorship, Digital Growth & Amplification & critically Investment & Financial grants in the mompreneurs who are part of the initiative.

ET has gathered that the India-US Global Challenges Institute will soon take off as a virtual platform with a ten-member Governing Council co-chaired by the two countries and a physical secretariat/program office expected to be housed in New Delhi. While IIT Kanpur will lead the initiative from India with Director Abhay Karandikar representing Indian institutes as India’s co-chair, the US side is expected to bring in Association of American Universities President Barbara R Snyder as co-chair. The Institute will start off with a $10mln seed funding- jointly pitched by the US and India- to fund collaborative R&D in five-six key areas across partner institutes in the two countries. The first set of areas identified for collaboration are- sustainable energy and agriculture, health and pandemic preparedness, semiconductor technology and manufacturing, advanced materials, telecommunications, artificial intelligence, and quantum science. ET gathers that the Institute will start off with five joint research projects- funded with $2million each. The idea is have two lead institutes from both countries for each project and these in turn will be linked to several other project specific institutes- like a hub and spoke model. A Memorandum of Understanding (MoU) has already been inked between Indian universities, represented by the Council of Indian Institutes of Technology (IIT Council), and the Association of American Universities (AAU) to establish the India-U.S.

Pomerdoge (POMD): A Memecoin With Tangible Utility Pomerdoge has been at the center of the frenzy in the crypto landscape. Its unique concept, which is a blend of meme, P2E, and NFT, has contributed to the explosive participation in its presale. As of press time, more than $2.4 million has been raised, which comes from confidence in its unique value propositions.