Platform Financial News

22.12 / 06:23
markets COST Provident Career Platform economy International How freelancers can avoid hidden fees and maximise their earnings
Subscribe to enjoy similar stories. The freelance economy in India has witnessed extraordinary growth, transforming from a niche working arrangement into a mainstream career choice. With more than 15 million active freelancers and an industry projected to reach $50 billion by 2032, the sector represents a significant shift in how Indians approach work.
22.12 / 05:57
markets COST Digital Platform Software Reddit social "60 hours is normal?": Former Amazon exec faces backlash after praising Bengaluru team’s “insane” 3am meetings
Amazon executive, has sparked a debate on the demanding work culture in India, especially in global organisations. Broda shared his observations about his Indian colleagues in Bangalore, whose work ethic stood out during his time at Amazon. His post has gone viral, drawing attention to the long hours worked by employees in Indian offices, igniting discussions across various social media platforms like LinkedIn and Reddit.
22.12 / 05:57
markets UPS Platform Strategy reports Garena Free Fire India launch date rumors heat up. Here's all you need to know
Garena Free Fire is reportedly making its return to India soon. Rumors about the return of Garena Free Fire to India has spread like wildfire. The popular battle royale game was previously banned, but recent activity suggests a possible relaunch. The rumours started after Garena posted job openings on LinkedIn for positions in India, includiang data analysis, marketing, esports, and strategic operations. This has led to speculation that the company is preparing to reintroduce the game, potentially under the name Free Fire India. While a September 5, 2023 launch date was previously rumored, it did not happen. Garena has not officially confirmed a new release date, nor have they commented on the speculation surrounding the job postings. Some fans believe the game may launch in 2025.
22.12 / 05:57
markets Twitter Platform Software Election President social “President Musk?”: Stephen King slams Elon Musk’s increasing influence over Donald Trump, says its 'dangerous' for Americans
Elon Musk on the incoming administration. Although Musk is constitutionally ineligible to run for president due to his foreign birth in Pretoria, South Africa, King has pointed out that Musk’s role in shaping the future of the United States has been undeniably significant.
21.12 / 22:45
UPS Platform TikTok country reports Schools Videos Albania to close TikTok for a year blaming it for promoting violence among children
Albania’s prime minister says the government will shut down video service TikTok for one year, blaming it for inciting violence and bullying, especially among children
21.12 / 16:39
markets Provident CEO Platform President PAM reports Payment App Tax in US: Impact, transaction limit, key details
Among them: changes to state-level overtime and minimum wage rules, the delayed federal FinCEN registration, taxes on payments from third-party providers like Venmo and PayPal, and anything that might affect inflation, including tariffs, as per AP report. The Small Business Administration is also ushering in a new leader, Trump loyalist Kelly Loeffler, assuming she’s confirmed by the Senate. “I think there a general sense that there is going to be obviously a pro-business administration on the regulatory side,” said Karen Kerrigan, President and CEO of the Small Business & Entrepreneurship Council, an advocacy group. “But there could be some nuances specifically on, say, workplace or labor rules. But that’s still to be determined.”
21.12 / 13:43
markets Platform Strategy Software awards Food Experts GST Council meet outcomes: GST rate cut on fortified rice kernels to 5%; no consensus on ATF and more
Nirmala Sitharaman on Saturday announced exemption for payment aggregators who do less than Rs 2000 payment, reduction in rate of compensation cess to 0.1% on supplies to merch exporters, extension of exemption of missile parts and more. The council, chaired by union finance minister Nirmala Sitharaman, decided to reduce the tax rate on fortified rice kernels to 5% from 18%. Furthermore, the council also decided to extend part of surface to missile parts exemption.
21.12 / 00:41
markets Digital Platform Software Interface Experts innovations RBIH looks to tap Rapido, Swiggy, Amul data for UPI-like lending platform, says CEO Rajesh Bansal
Reserve Bank Innovation Hub, or RBIH, has approached several data-rich aggregators including Namma Yatri, Rapido, Swiggy and Zomato along with farmers’ collectives such as Amul for building the ambitious Unified Lending Interface (ULI) platform, its chief executive Rajesh Bansal told ET. The Reserve Bank of India’s innovation arm is also exploring collaboration with the likes of Google Pay on the insights that can be derived from data sharing on UPI transactions and warehouse deposit receipt data, Bansal said. Discussions are also ongoing with the Open Network on Digital Commerce (ONDC), PM Gati Shakti, Unified Geospatial Interface and E-Vahan, he added. The ULI platform will enable consent-based transfer of customers’ digitised financial and non-financial data, including land records, from various sources to lenders, accelerating credit appraisals.
20.12 / 19:25
Provident Platform Gap Strategy Software Bill electronic TReDS bill financing crosses Rs 2-lakh crore mark
TReDS (Trade Receivables Electronic Discounting System) has seen significant growth in 2024, with the bills financed crossing ₹2 lakh crore, pointing to the benefits for small businesses for whom the working capital cycle is shortened by the platform. Reserve Bank of India (RBI) data showed that at the end of October, the platform financed nearly 100,000 bills, with a combined value of ₹2.08 lakh crore. According to the data, more than 100,000 MSME sellers are registered on the four licensed TReDS platforms of Invoicemart, run by Axis Bank, M1xchange, Sidbi-promoted Receivables Exchange of India (RXIL), and C2FO Factoring Solutions, a global working capital provider.
20.12 / 17:01
Platform Action Boxing film Justice performer Videos Singham Again prices slashed on Prime Video OTT: Here's how to watch
Ajay Devgn’s blockbuster cop drama Singham Again is now available on Amazon Prime Video for rental viewing. Originally priced at Rs 499, the film is currently available at a reduced rate of Rs 199, making it more accessible to viewers. For those waiting to watch it for free, the movie will eventually be available for streaming on the platform at a later date. The film brings together an impressive ensemble cast, adding depth and flair to the high-octane narrative of Rohit Shetty’s film. Ajay Devgn reprises his iconic role as Bajirao Singham, delivering yet another powerful performance. Kareena Kapoor Khan takes on the role of Avni Kamat with poise and grace, while Deepika Padukone debuts in the series as Shakti Shetty, bringing a fresh energy to the storyline. Tiger Shroff, as Satya, contributes to the adrenaline-filled action, while Ranveer Singh’s return as Sangram ‘Simmba’ Bhalerao adds his signature exuberance. Akshay Kumar’s appearance as Veer Sooryavanshi further elevates the star-studded lineup. In this instalment, Bajirao Singham’s relentless quest for justice unfolds against a backdrop of crime and corruption. The narrative delves into themes of moral dilemmas, personal conflicts, and the sacrifices required to uphold integrity. As Singham faces formidable adversaries, he relies on his courage, intellect, and unyielding sense of duty to navigate the challenges and safeguard justice.
20.12 / 17:01
markets Platform security community information Investigations peace Kuki-Zo Council defends its existence after Manipur Government's claims
Manipur government stating that there is no organization called Kuki-Zo Council, the Council refuted stating that it acts as a common political platform for addressing shared political concerns and advocating for the collective interests of the community. Khaikhohauh Gangte, Secretary Information, Kuki-Zo Council in a statement stated, “The Kuki-Zo Council (KZC) has recently taken note of certain quarters questioning its origin and authenticity. Notably, a press release issued by the Directorate of Information and Public Relations (DIPR), dated 18 th December 2024, and circulated on social media, challenges the existence of the KZC and denounces its activities. Initially, the Council considered the DIPR’s press release to be fake, as it lacked a signatory and the designation of the responsible officer."
20.12 / 15:31
markets Career Platform Strategy Software Experts social 4 Ways to use social media to propel your career forward
A well-curated and strong social media presence is just as crucial for a data scientist as it is for a marketing manager. The key lies in the way you use social media and its functions in your favor. Here are a few highly effective strategies to use social media to reach greater heights in your career journey.
20.12 / 14:43
Provident CEO Platform security Software Enterprise TeamLease acquires stakes in TSR Darashaw, Crystal to expand its HR Services portfolio
TeamLease Services on Friday announced that it has acquired stakes in outsourcing services TSR Darashaw and HR Tech software solutions provider Crystal HR and Security Solutions Private (Crystal HR) for Rs 42.6 crore. TeamLease Services has acquired 100 stakes in TSR Darashaw for Rs 17.6 crore, while it bought 30 per cent stakes in Crystal HR for Rs 25 crore, a company spokesperson told PTI. «Our acquisition of TSR Darashaw's payroll processing business and Crystal HR provides crucial infrastructure for our vision of becoming India's largest Human Capital Management (HCM) service provider.
20.12 / 09:09
Digital Platform Mobile Align Sustainability Enterprise social Electric mobility and ESG: How India’s transition aligns with global sustainability goals
electric mobility is a pivotal change in the global effort to combat climate change, particularly given the automobile sector’s significant contribution to Greenhouse Gas (GHG) emissions. As urbanization and pollution escalate, particularly in countries like India, the need for a sustainable shift in the automobile industry is urgent.
20.12 / 07:51
markets IPO Platform Strategy Trade Experts band Identical Brains Studios IPO subscribed 200 times so far on Day 3: Check key dates, GMP, price band and key other details
SME IPO of Identical Brains Studios, which will close for public subscription on Friday, has been subscribed 200 times so far, driven by a robust demand from the market participants. Around 11:30 am, the non-institutional investors (NIIs) subscribed to the issue over 65.6 times while the retail investors applied for 36.55 crore shares, attracting nearly 1.83 lakh bid applications.
20.12 / 06:57
markets Platform Software awards Experts classical Features Bajaj Chetak electric scooter new versions launched. Check details
Bajaj Auto today released new 35 versions of its Chetak electric scooter. Under 3500 series, Bajaj has announced Chetak 3501, 3502, and 2903 models. The scooter has a new platform, more features, and a new design. The Chetak's classic look will remain, but the new version have more storage space. Bajaj is offer different versions of the new Chetak, from basic to premium models. The new Bajaj Chetak 3501 and 3502 have same 3.5 kwH battery offering 153 km range and top speed of 73 kmph.
20.12 / 06:49
markets IPO Platform Analysis Trade Experts band Sanathan Textiles IPO subscribed 72% on Day 2 so far. Check GMP, review and other details
IPO) of Sanathan Textiles was subscribed 72% on Friday by 11:18 AM on its second day of bidding. The Rs 550 crore issue, which is a mix of fresh equity sale of Rs 400 crore and an offer for sale (OFS) of 46.72 lakh shares, will be available for bidding till December 23. Subscriptions from retail investors stood at 1.19 times, while the non institutions investors had subscribed by 60% on the second day of bidding. The qualified institutional buyers had not made any bids yet.
20.12 / 06:33
markets COST Digital Platform Software Experts testing How to buy second-hand electric cars in India?
Buying a second-hand electric car in India can be a smart and eco-friendly choice. Here's a step-by-step guide to help you make the right purchase: 1. Set a budget Decide on your budget based on the car’s brand, model, and condition. Keep in mind that used electric cars may vary in price depending on factors such as age, battery condition, and features.
20.12 / 06:15
markets Digital Platform Strategy Software Experts 2020 Singapore's bolttech, valued at $2.1 billion, raises over $100 million
The Series C funding round valued the company at $2.1 billion and the investment will be used for further global growth strategy, bolttech said in the statement. That is 31.3% higher than the $1.6 billion disclosed in its previous Series B funding round in May 2023.
20.12 / 03:49
Platform Dreams Football students Schools cricket Sporting Harsh Jain of Dream Sports: Living the fantasy
Subscribe to enjoy similar stories. A common trait among many successful entrepreneurs, says Harsh Jain quoting a study, is that they were average academic students. “When you’re an entrepreneur, you can do your market sizing, research, etc.
20.12 / 00:51
markets IPO Platform Analysis Trade reports Nacdac Infra's Rs 10-crore IPO sees 1,976 times subscription
Nacdac Infrastructure set a record on Thursday, being oversubscribed 1,976 times on its final day. The ₹7.28-crore offering attracted ₹14,386 crore in bids from 6.41 lakh applications. The non-institutional investor (NII) portion of the IPO was subscribed 2,635 times, while the retail investor segment saw 2,504 times subscription. The qualified institutional buyer (QIB) category was subscribed 236 times.

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