Platform Financial News

Cryptocurrency platform Crypto.com acquired a registration approval with De Nederlandsche Bank (DNB), the Dutch central bank, as a crypto services provider.

RBI), on July 27, 2023, clarified that a banknote with a star (*) symbol is identical to any other legal banknote, except that in the number panel, a star symbol is added between the prefix and the serial number. The Star (*) symbol is an identifier that is a replaced/reprinted banknote, as RBI mentioned. The star (*) symbol is inserted in the number panel of a banknote that is used as a replacement for defectively printed banknotes in a packet of 100 pieces of serially numbered banknotes, the central bank further clarified.

The Reserve Bank of India (RBI) has clarified that currency notes with Star (*) symbol inserted in the number panel are valid.

MG Motor India on Friday said it has tied up with electric mobility service provider IONAGE to strengthen charging infrastructure across the country in order to promote intercity travel by electric vehicles. The partnership was officially announced with the inauguration of ten destination charging stations across Lucknow, Trivandrum and Cochin. As part of the tie-up, MG Motor will leverage IONAGE's e-mobility platform to provide seamless access to EV owners of MG Charge points, the automaker said in a statement. MG Charge is an industry-first initiative by any original equipment manufacturer (OEM) to empower destinations like hotels, residential societies, public locations, and corporates to embrace green transportation and future-proof their property and communities.

The price of Cardano (ADA) has dipped by 0.5% in the past 24 hours, with its slippage to $0.309603 coming as the wider cryptocurrency market also wobbles by roughly the same percentage today.

The online trading platform received a $3.5 billion valuation earlier this year, and has partnered with Twitter to build out the social media giant’s payments and financial features. Yesterday eToro also announced that it has built out a passive investor portfolio comprising solely of shares across 40 leading fintechs.

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Brands created successful business strategies and attracted the target market's attention. All of it is only possible due to digital marketing, which encourages businesses to raise their brands' standing among competitors. Simply explained, digital marketing is a marketing strategy that helps make the advertising of products and services more successful and involves using SEO, paid ads, social media, and email marketing to reach target audiences. Many traditional marketing strategies are applicable to digital marketing, but the key to successful digital marketing is creating more robust marketing strategies that promote business growth and delivering the kind of content that will resonate with customers and increase traffic to a website. Explore ISB Digital Marketing and Analytics Scope of Digital Marketing in IndiaAccording to a survey by Forbes magazine, 82% of consumers shop or conduct research online. Companies have introduced visibility through digital platforms to close the gap between customers and brands. India is the sec

Intel CEO Pat Gelsinger said that the company plans to «build AI into every product that we build». Intel will launch Meteor Lake later this year, its first consumer chip with a built-in neural processor for machine learning tasks, according to The Verge. At Microsoft's Build 2023 conference, the company announced the collaboration with Microsoft to drive the development of AI on personal computing, and previewed AI-enabled capabilities of its Meteor Lake client PC processors.

OpenAI, the operator of the generative chatbot ChatGPT, has been fined 3.6 million won ( ₹2.32 lakh) by South Korea's Personal Information Protection Commission (PIPC) for exposing personal information of 687 South Korean citizens on 27 July. The exposure occurred due to a bug in an open-source library on ChatGPT, which caused the inadvertent visibility of payment information, including names, email addresses, the last four digits of credit card numbers, and credit card expiration dates of ChatGPT Plus subscribers.

Elon Musk made a groundbreaking announcement regarding the X platform's future direction, stating that it will exclusively support dark mode going forward. This declaration sparked immediate concern among users who are not fond of dark mode, as reading light-colored text on a dark background can sometimes prove challenging. However, Musk confidently asserted that this shift is unequivocally superior in every aspect.

Magicpin has delivered over 1000 orders of tomatoes at Rs 70 per kg across 90 pincodes across Delhi-NCR in just 2 days. The company, in collaboration with the National Cooperative Consumers Federation of India (NCCF) has started selling tomatoes at Rs 70 per kg through select online platforms registered on the government-backed Open Network for Digital Commerce (ONDC) across 90+ pincodes in Delhi-NCR.

«We are looking at operating cash flow generation of about Rs 6,000 crores and we expect to use about Rs 2,500 to Rs 3,000 crores towards growth opportunities, towards land and new business,» says Abhishek Lodha, MD & CEO, Macrotech Developers.You had earlier outlined construction expenses of Rs 500 crore rupees for FY24. With the guided operating cash flows of Rs 6,000 crores, you would have Rs 2,500 crore rupees worth of leeway to reduce your debt. Given this, do you think the debt reduction would be much below the targets you have conveyed?We are looking at operating cash flow generation of about Rs 6,000 crores and we expect to use about Rs 2,500 to Rs 3,000 crores towards growth opportunities, towards land and new business.

Intellect Design Arena share price jumped over 15% on Friday's trading session and was hovering near its 52-week high level after the software company reported a robust Q1FY24 numbers on Thursday. Intellect Design Arena share price opened at ₹601.55 apiece on BSE. According to the company's exchange statement, the total revenue for the first quarter of fiscal year 24 increased by 19% year over year, from ₹540 to ₹644 crore rupees.

electric scooter, the S1 Air. Surprisingly, the company initiated the purchase window a day earlier than the initially scheduled date of July 28. The response from customers in the first few hours has exceeded Ola's expectations, with over 3,000 units already booked during this initial phase.

Elon Musk, about the social media giant in a lengthy post at X. Crawford sold her startup to Twitter in 2020. She said that working for Twitter was both "amazing and terrible".

Meta CEO Mark Zuckerberg unveiled the latest update for WhatsApp. He demonstrated the feature through a short video, illustrating how users can utilize it seamlessly. Similar to the process of recording real-time voice messages, the feature will incorporate a video recorder icon located next to the text box.

Kriti Sanon, Co-Founder & Chief Customer Officer and Vaishali Gupta, Co-Founder & Chief Growth Officer, Hyphen, in conversation with ET Now on the launch of the skincare brand Hyphen, the brand philosophy and advice for women entrepreneurs.I want to know everything about Hyphen. First, the name. How did you guys come up with it?Kriti Sanon: The name is very important for any brand and it needs to stand for the brand philosophy.

Meta Platforms executives are heavily focused on boosting retention on their new Twitter rival Threads, after the app lost more than half of its users in the weeks following its buzzy launch, CEO Mark Zuckerberg told employees on Thursday. Retention of users on the text-based app was better than executives had expected, though it was «not perfect,» said Zuckerberg, speaking at an internal company town hall, the audio of which was heard by Reuters.

Meta Platforms' answer to viral short-form video app TikTok, elicited eyerolls when it launched in 2020 and was regarded as yet another example of Meta copying a popular rival. But on Wednesday, Meta revealed numbers that show Reels videos are growing rapidly among both users and advertisers and are quickly catching up to the ByteDance-owned TikTok app that is beloved by young users and has reshaped the social media landscape.

Manik Saha on Thursday said that the release of the 14th instalment of Rs 17,000 crore under Pradhan Mantri Kisan Samman Nidhi scheme will not only benefit Tripura farmers but of other states as well, according to an official statement. «The Prime Minister released the 14th instalment amount of about Rs 17,000 crore under PM-KISAN, dedicated more than 1.25 lakh PM Kisan Samriddhi Kendras (PMKSKs) to the nation and launched on-boarding of 1600 Farmer Producer Organization's on Open Network for Digital Commerce (ONDC),» Saha CM.