Platform Financial News
03.08 / 19:15
Provident
Platform
Minosha’s small investors move NCLAT
Rekha Jhunjhunwala in 2019. Central to its resolution plan was the condition of delisting the equity shares and reorganizing the share capital, which was executed successfully. “Following delisting, there was no trading platform for the shareholders.
03.08 / 18:57
03.08 / 18:45
Target
Platform
Entertainment
show
audience
mtv
MTV India targets regional versions of flagship properties for reach beyond Hindi-speaking markets
reality shows such as Roadies, Splitsvilla and Hustle. “The question we’re asking ourselves now is if we can transition from just the Hindi-speaking market to regional versions.
03.08 / 18:45
UPS
Target
CEO
Platform
Mobile
track
valuation
M&M EV unit raises $145 mn from Temasek at upto $9.8 billion valuation
₹1200 crore ($145 million), at a valuation of upto ₹80,580 crore, or $9.8 billion. In its last fundraise round with British International Investment (BII) last year, Mahindra's passenger electric mobility unit, MEAL (Mahindra Electric Automobile Limited) was valued at $9.1 billion. Mint reported in March that Mahindra & Mahindra Ltd was in advanced talks with global investors to raise $1-1.3 billion by selling shares in its electric vehicles (EV) unit in multiple tranches over the next 2-3 years.
03.08 / 18:45
UPS
Platform
Omni
Nestle
track
country
Consumers are now buying staples across multiple channels
New Delhi: Urban consumers are shopping for daily essentials across multiple channels including visiting their neighbouring stores and ordering shampoo and chips on quick commerce platforms helping the share of such “omni-channel" households double over the last two years, researcher Kantar said. The move is shift from several years ago, when consumers preferred one mode of shopping—with general trade dominating consumer preference. However, the market has since proliferated with online commerce making it convenient for consumers to buy daily staples.
03.08 / 18:45
UPS
Provident
Aware
Manufacturing
Platform
PwC
KKR
KKR may bid for Zydus family’s clinical research biz Cliantha
MUMBAI : KKR & Co. is weighing a bid for Cliantha Research, the clinical research organization (CRO) owned by Pankaj Patel and family, the promoters of Zydus Lifesciences Ltd, two people familiar with the development said. The asking price for the asset is said to be in the range of $200 million, Mint reported in May.
03.08 / 18:01
Platform
Paytm monthly users increase by 19% to 9.3 crore
Fintech company Paytm on Thursday said its average monthly users rose by 19 per cent on-year to 9.3 crore. Merchant subscriptions stood at 82 lakhs, with 41 lakh new subscriptions over the year, according to the filing. Sequentially, the company saw merchant subscriptions increase by about 4 lakh in July 2023, Paytm said in a filing.
03.08 / 18:01
Twitter
Digital
Platform
Lexicon
XCOM
social
So what do we call Twitter now anyway?
Elon Musk has created confusion in social media. The bewilderment stems from Musk's move last month to rebrand Twitter, which he owns, as X. No major social media app has undergone such a name change before, at least while it had tens of millions of active users.
03.08 / 17:51
Blockchain
Ethereum
Digital
Platform
Strategy
network
Astar Network (ASTR) Announces Tokenomics 2.0 with Enhanced Burning Mechanism
Astar Network, a leading blockchain platform in Japan, has unveiled its Tokenomics 2.0 strategy, focusing on creating sustainable growth for its native token, ASTR. The announcement comes on the heels of the network's recent integration with Fireblocks, a digital asset management platform, to boost secure DeFi access for over 650 banks and financial institutions.
03.08 / 17:39
UPS
Platform
Racing
Strategy
Pool
Dreams
show
play
The survival play of real-money gaming cos
₹10,000. But from 1 April, after changes were made to the Income Tax Act, a 30% TDS now applies on net winnings from online games in a financial year. Withdrawal of net winnings get taxed at source either when it crosses ₹100 or at the financial year end.
03.08 / 17:21
COST
Platform
Action
coinbase
Bitcoin
performer
analysts
regulatory
Coinbase Analysts Remain Positive Ahead of Q2 Earnings Despite Regulatory Uncertainties
Crypto trading platform Coinbase is poised for better-than-expected, Q2 earnings despite ongoing legal pressure against the firm and other industry giants, analysts say.
03.08 / 17:21
Platform
Mobile
Tencent
ByteDance
social
Time
China proposes to limit children's smartphone time to a maximum of 2 hours a day
China’s internet watchdog has laid out regulations to curb the amount of time children spend on their smartphones, in the latest blow to firms such as Tencent and ByteDance, which run social media platforms and online games
03.08 / 17:21
Provident
Twitter
Digital
Platform
Action
cover
social
Copyright
Agence France-Presse pursues copyright case against X, formerly known as Twitter
France's international news agency, Agence France-Presse, says it's pursuing a copyright case against X, the social media platform formerly known as Twitter, in an effort to secure potential payment for its news content
03.08 / 17:21
Platform
Nov
The Billie Jean King Cup has a new part-owner: Billie Jean King
The Billie Jean King Cup has a new part-owner: Billie Jean King herself
03.08 / 16:49
03.08 / 16:43
Citi
Platform
show
performer
stage
concert
singer
Taylor Swift giving out ‘life changing’ ₹82 lakh bonus to each truck driver of Eras Tour: Report
Taylor Swift has reportedly given ‘life changing’ ₹82 lakh ($100,000) bonus to the truck drivers who worked on the full US leg of the Eras tour. The whopping amount was handed over to each truck driver by the otherwise generous American singer. According to a report by Rolling Stones, Taylor Swift has handed an ‘unprecedented and life changing’ bonus to each truck driver of concert transportation company Shomotion.
03.08 / 16:41
03.08 / 16:23
Platform
social
committee
Haryana violence: Govt forms committee to monitor social media platforms
Haryana government has constituted a committee that will monitor social media platforms to prevent the circulation of provocative material, including videos, photographs, and hate speeches, to maintain law and order and communal harmony in the state. The committee has been formed in the wake of communal violence in Nuh.
03.08 / 16:03
Williams
Platform
Racing
performer
social
singer
dance
Singer Lizzo denies creating hostile environment for dancers
(Reuters) — Grammy-winning singer Lizzo on Thursday denied claims made in a lawsuit filed by three of her former dancers that she created a hostile work environment by engaging in denigrating behavior and body-shaming, calling the accusations «false» and «outrageous.»
03.08 / 15:47
03.08 / 15:17
Facebook
Twitter
Google
Platform
country
social
France's AFP sues Musk's X social media, cites refusal to discuss payment for news
(Reuters) — Agence France-Presse (AFP) said on Wednesday it filed a lawsuit in Paris against Elon Musk's X social media platform, formerly known as Twitter, accusing it of failing to discuss potential payment for the distribution of the news agency's content.
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