Platform Financial News

Mumbai: Amid Uday Kotak's unanticipated resignation as the CEO of Kotak Mahindra Bank, three months ahead of schedule, it's an opportune time to revisit the bank's inception in 2003 and Uday Kotak's response to the RBI's granting of a banking license to the then non-bank lender. Kotak Mahindra Bank founder Uday Kotak believed that the approval granted by the Reserve Bank of India (RBI) in 2003 to convert non-bank lender Kotak Mahindra Finance into a bank was a vote of trust. “More than anything else, this is a vote of trust.

Ganesh Chaturthi, a Hindu festival dedicated to Lord Ganesha, is 10-day festival, which commemorates the birth of Lord Ganesha, will be observed from September 19 to September 28. Here's all you need to know about Ganeshotsav 2023. Ganesh Chaturthi involves four primary rituals: Prana Pratishta (Invocation of Life): On the first day of the festival, the priest recites mantras and conducts rituals.

Also Read: Aditya L-1 Mission: What next after the successful launch? In his tweet, he mentioned how setting such big goals were considered as “too much ambition", and said how ISRO set an example that people should lift their ambition. “Don’t fly too close to the Sun" comes from the Greek legend of Icarus who flew fatally near the sun, & is used to describe TOO MUCH ambition. Thanks to@Isro :“Let’s fly close to the Sun" will mean that we should lift our ambitions even HIGHER," tweeted Anand Mahindra on Saturday.

decentralization? It’s a fundamental pillar in the quest to ensure a truly free, fair, and open internet. If you look at the current state of the internet where a handful of powerful entities wield disproportionate control over online space, it raises concerns about monopolistic practices, data privacy breaches, and content manipulation. With decentralization, we're paving the way for genuine online freedom.

Aditya-L1 was launched today at 11:50 am from the Sriharikota launch pad in Andhra Pradesh by the PSLV-C57 rocket. Following the successful landing of a lunar lander on the moon's uncharted South Pole on August 23, ISRO shifted its focus to this solar space observatory mission. Aditya-L1 carried seven different payloads designed to study the sun in detail.

Aha Video, primarily known for Telugu language content, has announced a new reality show called Family Dhamaka that will launch on September 8. It is a remake of Family Feud, an international game show and has been produced by Fremantle India. Aradhana Bhola, managing director, Fremantle India said the format has been successfully produced in 63 territories worldwide.

Asia Cup 2023, there is a positive update for the fans who are excited to witness the biggest clash at Pallekele International Cricket Stadium. According to weather.com at 9:09 AM IST, there are fewer chances of rain on Saturday, however, the weather will be cloudy but there is no sign of rainfall. The sky is predicted to be 64 per cent covered with clouds but there is only a 15-19 per cent forecast predicted of a drizzle. The local fan at Pallekele also said that the weather is clear and he is excited to watch India win. «Weather is very good, weather is clear and there is a 99 per cent chance of India winning the game. We hope to see the match,» said a local resident to ANI. The men in Blue will take on Pakistan at the Pallekele International Cricket Stadium in their Asia Cup 2023 opener on Saturday.

Moneycontrol has reported. Sources told Moneycontrol that the company has been testing the feature since more than a month within its app for employees and the small number of consumers for whom it is available. It further added that the feature is on the app under the name ‘OLA ONDC food’ as sources also told the daily that Ola will not launch a separate delivery app.

Bethesda's highly anticipated project, Starfield, is set to captivate RPG enthusiasts, promising an expansive space adventure in a brand-new universe. This marks Bethesda's first original IP in over two-and-a-half decades. Game Director Todd Howard likened it to «Skyrim in space.» Here's a concise rundown of the essential details about the game.

By Howard Schneider

Investing.com — As OPEC, you just have to say it, and worry about doing it later, or not doing it at all. But the market will respond, as you want it to, and that’s all that matters.

By Safiyah Riddle

(Reuters) -Meta Platforms is considering paid versions of Facebook (NASDAQ:META) and Instagram with no advertisements for users residing in the European Union (EU) as a response to scrutiny from regulators, the New York Times reported on Friday.

Meta is considering paid versions of Facebook and Instagram that would have no advertising for users in the European Union, three people with knowledge of the company’s plans said, a response to regulatory scrutiny and a sign that how people experience technology in the United States and Europe may diverge because of government policy. Those who pay for Facebook and Instagram subscriptions would not see ads in the apps, said the people, who spoke on the condition of anonymity because the plans are confidential. That may help Meta fend off privacy concerns and other scrutiny from EU regulators by giving users an alternative to the company’s ad-based services, which rely on analyzing people’s data, the people said.

JioCinema. The series has Vijay Varma as a rookie cop who wants to resign but eventually investigates the case. The screenplay, co-written by Saxena, Arunabh Kumar and Karan Singh Tyagi, takes a close look at domestic abuse, cybercrime, female infanticide, questionable policing and toxic masculinity.

AI likely to play a role in the next general elections? The technology is just about rolling out in local languages and may not acquire the sophistication over the next few months to influence voter behaviour significantly. Distribution channels for information such as social media platforms have put in place internal controls and have established a level of engagement with regulators over disinformation. Two-thirds of the country's population is still not on Facebook or WhatsApp, thereby limiting their broadcast strength.

Asia Cup in the Pallekele International Cricket Stadium offering a lot of help to the bowlers, India captain Rohit Sharma stated that the side is keen to take the attacking route, but wants to read situations and circumstances for applying themselves a little longer in the 50-over format. India will be opening their Asia Cup campaign against archrivals Pakistan on Saturday, and Rohit, along with other Indian batters like Shubman Gill, Virat Kohli, Shreyas Iyer, Ishan Kishan, Suryakumar Yadav, Hardik Pandya and Ravindra Jadeja will be tested by Pakistan's bowling line-up, chiefly their pace bowling line-up of Shaheen Shah Afridi, Naseem Shah and Haris Rauf. «All sorts of combinations available looking at how the game was played yesterday. We saw a bit of swing, spin and everything and that will always challenge the batters.

Infosys said on Friday that it has completed the acquisition of Danske Bank’s IT centre in India. In June, Infosys said that it bagged a digital transformation deal with Nordic-based Danske Bank valued at $454 million for a period of five years. The Bengaluru-based software exporter acquired the lender’s IT centre in Bengaluru which employs 1,400 people, as part of the deal. The company will use Infosys Topaz, an AI-first set of services, solutions and platforms, experience design and services that support operations, said the company.