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Airtel, India’s second largest telco, is looking to monetise offerings under its music streaming app Wynk by leveraging the creator economy it has built in addition to subscription and advertising, a senior executive said. It will also look to scale up and monetise features of Wynk like the digital concert feature by introducing aspects of interactivity, which will also make it a compelling consumer 5G use case, thus helping push data consumption in the long run, Adarsh Nair, chief executive-digital services and chief product officer at Airtel, told ET. “We have over 1,000 artists on the Wynk for Artists programme and six of them have been signed by music labels. When this happens, we charge a ‘finder’s fee’—similar to the A&R (artists and repertoire) representative in the traditional sense,” Nair said. A&R representatives are essentially music scouts that look for new talent for record labels and music publishers to sign. The Wynk for Artists programme was launched a year back and it allows new artists to put their music on the Wynk platform.

Narendra Modi is set to embark on a significant diplomatic visit to Indonesia this Wednesday evening. The visit, a tight 24-hour trip, culminates in his return to New Delhi on September 7 evening. The excursion to Jakarta is at the invitation of Indonesian President Joko Widodo and it comes as a precursor to India's hosting of the G20 Summit on September 9-10.

"Please accept this letter as my resignation from my duty with effect from 01.01.2024 from my position (Deputy Manager-RMSME) at your branch, which is 4 months prior notice as due to bad HR Transfer policy, extreme pressure and bad behaviour of higher management, my health situation deteriorates day by day in current bank service. Presently, I am suffering from High BP, Anxiety, and Depression. Recently, I have been transferred from the SBI-Malout Branch (01465) to SBI, SME Branch (04044) Jalandhar. Due to this my health, my family, and the education of my children are suffering very badly, and seems it will not improve in bank service my whole life. Moreover, the lack of an employee-friendly transfer policy, late sitting, threatening message from senior management, and phone calls & after working hour is impacting my health, my family, and my social life balance. Money is not everything in life. An example of the harsh behaviour of the higher management is the meeting of RMSMEs held by Sh. Shanker Prashad P (GM Network -1) dated 22.08.2023 on MICROSOFT Teams App & Whatsapp Message in RMSME Group Ludhiana on dated 04.09.2023.in which behaviour of GM Sir is extremely bad and not possible to tolerate for anyone in the meeting. It makes me very depressed as an officer in SBI. So, accept my resignation and settle my dues in due course". The letter was written by the Assistant General Manager (Branch Head), SBI-SME Branch, Jalandhar.

Upstreet, a local fintech that rewards shoppers with fractional shares on the ASX and US stock exchanges when buying everyday items, has shut shop seventeen months after it raised $3 million from investors.

(Reuters) -SpaceX CEO Elon Musk tapped the rocket maker for a $1 billion loan around the time he was acquiring social media company X, formerly known as Twitter, the Wall Street Journal reported on Tuesday.

G20 summit in New Delhi on September 9-10. Instead, Premier Li Qiang will represent China, according to a brief announcement from the Chinese Foreign Ministry. While the ministry's spokesperson Mao Ning chose not to elaborate on Xi's absence, he did stress China's commitment to the G20's goals of global economic cooperation.

startups toward going public as its success would signal the return of investor appetite for technology companies. Several other big names including grocery delivery service Instacart Inc, marketing automation platform Klaviyo and footwear brand Birkenstock are expected to list their shares on U.S. exchanges in the coming weeks.

By Jaiveer Shekhawat

Labor Day weekend this year marked more than the unofficial end of the summer. It also marked the end of TD Ameritrade’s custodial platform for independent financial advisors.

Check out the companies making headlines in after-hours trading.

Netflix has unveiled the first trailer for «May December,» directed by Todd Haynes and featuring Natalie Portman and Julianne Moore in leading roles. The film explores a scandalous relationship between a married woman and a 13-year-old, reminiscent of the May-December romance between teacher Mary Kay Letourneau and Vili Fualaau, which made headlines two decades ago. Julianne Moore's character, similar to Mary Kay Letourneau, faced legal consequences for her involvement with an underage teenager but later married him, relocating to lead a quiet family life.

In early 2019, Wyoming enacted legislation authorizing the creation of state-chartered banks catering to firms doing business with bitcoin and other cryptocurrencies. The banks would serve as custodians of digital assets and take dollar deposits, forming a bridge between cryptocurrency and dollars for firms to make payroll and payments, or help realize crypto investment gains or losses. Four years later, the Cowboy State’s experiment with state-chartered crypto banking has gone slower than expected.

dark stores in view of three-day restrictions announced for the G-20 Summit even as they try to convince the authorities to exclude delivery personnel from the curbs. These companies are also expecting a business impact ahead of the closure period from September 8-10 as well given the traffic restrictions in and around central Delhi, industry insiders said. «We are stocking our dark stores with fewer items for the coming week,» an executive at a quick commerce platform said on condition of anonymity. «Delivery of groceries like milk and vegetables has been allowed but there is a worry that delivery personnel might face difficulties in moving around.» The person said «Movement of delivery people as well as demand is getting impacted» due to the restrictions.Food and grocery delivery platforms operating in the capital include Zomato, Swiggy, Blinkit, Zepto, Swiggy Instamart and BigBasket's BB Now. «Business will be hit,» Rashmi Daga, founder and chief executive of cloud kitchen platform Freshmenu, said.

NEW DELHI : India has volunteered to man and manage the global repository of all digital public infrastructure (DPI) through an open-source platform, minister of state for electronics and IT Rajeev Chandrasekhar said, adding that there was interest from multilateral institutions, government and non-government organizations to finance the expansion and adoption of DPIs. “The global DPI repository, which would be essentially the platform where all of these DPIs, will be open in open-source manner, shared technology and innovation and be available to the whole world, will be manned by and managed by us.

Reserve Bank of India is in advanced talks with the European Securities and Markets Authority (ESMA) on the tussle surrounding oversight of the Clearing Corporation of India (CCIL) even as discussions with other overseas authorities on the issue have progressed far more smoothly. «Conversations regarding MoUs (Memorandum of Understanding) are going on regularly with the ESMA. The others (other global regulators) have taken a much more relaxed stance.

central bank digital currency (CBDC) becomes a reality, said Reserve Bank of India Deputy Governor, T Rabi Sankar. «Why is the average cost of transaction for retail 6%? It is not (because of) technology, technology can be made», said Rabi Sankar, at the Global Fintech Festival. «It's a question of consensus that has to arise globally and a commitment that has to come up on changing these systems (among central banks).» Many central banks across the world are working at digital currencies with the Bank for International Settlements guiding them.

NEW DELHI, MUMBAI : For Rahul Sharma, 40, an ardent Indian cricket fan living in Singapore, the eager excitement of watching Team India’s performance at the ICC Men’s Cricket World Cup 2023 in his home country has slowly turned into frustration. Despite having booked flights to India for himself and his family months in advance, his quest to secure tickets, especially for the coveted India matches from BookMyShow, the Indian cricket board’s official ticketing partner, has been fruitless. All he has managed to pick up so far: Tickets for two non-India matches, leaving him still in pursuit of prized India match tickets.

₹100 crore from two entities backed by the Kamath brothers, Nitin and Nikhil, the co-founders of broking firm Zerodha. This investment was in private capacity and raises the family’s stake in the company to 3.5%. “This concept of investing in India has been encouraged —other investors like Rakesh Jhunjunwala did a fairly good job.

Hindi cinema has lost all originality. Another factor for some, put simply, is that there is far too much of Arijit Singh on offer today. To be sure, the voice behind multiple hits over the past few years (including recent chartbusters like Apna Bana Le and Kesariya) is popular and has an army of fans across the globe.

No Account Casinos have emerged as a game-changer, offering players an option of immediate play without the hassle of traditional registration.

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