Platform Financial News

A tokenized billion-dollar cockfighting event, COCKFIGHTS, is hitting the airwaves of the crypto market. 

Disclaimer: The text below is a press release that is not part of  Cryptonews.com  editorial content.

ICICI Bank Limited's performance for the quarter ended June 30, 2023, showed significant growth in various financial metrics. The core operating profit grew by 35.2% year-on-year to ₹13,887 crore (US$1.7 billion) in the same quarter. Profit after tax saw a substantial increase of 39.7% year-on-year, reaching ₹9,648 crore (US$1.2 billion) in Q1-2024.

Prime Day event witnessed strong growth in Prime membership, and highest engagement with 14 per cent more members shopping than last year’s Prime Day event.    Commenting on the success of the shopping event, Akshay Sahi, Director, Prime and Delivery Experience, Amazon India said, “I would like to thank our sellers, brand partners and Prime members who helped make this Prime Day the biggest ever in India. Brands and sellers across categories received a great response from Prime members from metros and Tier 2 & 3 cities and towns across India.

Disclaimer: The text below is a press release that is not part of  Cryptonews.com  editorial content.

We spoke to Kirti Seth, CEO of IT/ITES Sector Skills Council, Nasscom, to understand how the skilling ecosystem is shaping up to meet this challenge. The question that often arises for professionals looking at tech jobs is where can they get access to the right quality of skilling programmes that are demand-led and that can enable practical job readiness.The tech skilling opportunities Industry has been investing a lot in upskilling and internal training, especially in the IT/ITeS sector. Apart from that, there are many government programmes for skilling, in the ITeS area. Today, there are also more collaborations among industry and the skilling ecosystems. One such skilling option is through the Future Skills Prime Platform, which outlines different pathways for job roles based on detailed competency frameworks.

eInfochips, a global product engineering and digital transformation services player, says it now offers a full set of innovative solutions for the future in India. According to a statement, the company's constant push on the boundaries of technology has led to an innovative, non-invasive incontinence monitoring and detection device.

Altre has raised $1million in a pre series A round to grow technology, capability and teams across the country. Altre is a B2B fulfilment marketplace for commercial real estate.

stablecoin market while most cryptocurrencies are posting outsized gains this year. Traders use stablecoins to move money into and out of cryptocurrency markets, swap funds between exchanges and as a haven in times of high volatility. Often the market capitalization of the tokens increases during rallies and declines during downturns. So far this year, the total value of the crypto market has jumped around 50% to about $1.2 trillion, while the stablecoin sector has shrunk almost 8% to around a two-year low of $127 billion, according to researcher CCData. This discrepancy could have several explanations. Hoping for higher returns, investors may be rotating out stablecoins and into appreciating market leaders Bitcoin and Ether, according to Jacob Joseph, a research analyst at CCData. Stablecoins don’t pay interest and usually seek to maintain a one-to-one ratio with other assets such as the dollar, hence their name. Crypto advocates downplay the decline, with some citing the overall light trading volume in the wake of last year’s market collapse.

Bitfinex have entered into a plea agreement with federal prosecutors in Washington, court records showed on Friday. Ilya Lichtenstein and his wife Heather Morgan, both of Manhattan, were initially arrested in February 2022. They are set to appear for a plea hearing on Aug. 3 before U.S. District Judge Colleen Kollar-Kotelly in Washington, court records showed. A lawyer for Lichtenstein and Morgan and a spokesperson for the U.S. Attorney's office in Washington did not immediately respond to requests for comment. The pair was accused of conspiring to launder more than 100,000 bitcoin that was stolen, after a hacker attacked Bitfinex and initiated more than 2,0000 unauthorized transactions.

Twitter Inc has announced another change on its platform and this time it is related to direct messages (DM). The company has announced that it will soon be implementing some changes in our effort to reduce spam in Direct Messages. "Unverified accounts will have daily limits on the number of DMs they can send," the company said".

₹70 per kilogram through the Open Network for Digital Commerce (ONDC) in Delhi starting today, Saturday, July 22, said T Koshy, managing director of the government-backed platform.  Sources informed the news agency ANI that the government’s agricultural marketing agencies – the National Cooperative Consumers' Federation of India (NCCF) and the National Agricultural Cooperative Marketing Federation of India (NAFED) – were in talks with the ONDC to implement the subsidized rate of tomatoes in the national capital.  Currently, e-commerce companies are providing doorstep delivery at about ₹170-180 per kg. The sharp rise in tomato prices was reported across the country and is not just limited to a particular region or geography.

Apple is likely to end the year with a record 8-9 million iPhone shipments, compared with 6.7 million in 2022. Sales in the first half of the calendar year have almost doubled to about 4 million from the year-ago period, bucking tepid demand in the overall market, which is expected to be flat or grow marginally this year. Market trackers expect Apple to achieve its best-ever market share of 6-7% by the end of 2023, riding on the back of its strongest performance in the first half of year.

Digital Commerce (ONDC) is crushing on tomatoes now. The ONDC will sell the most coveted food item in the country currently – the humble tomato – for Rs. 70 a kg.

Fact Check Unit has been extended to September 4. This pertains to a case being heard regarding the constitutionality of the Information Technology (Amendment) Rules, 2023 in a PIL filed by political satirist Kunal Kamra and the Association of Indian Magazines.

This regular exercise is carried out by Netflix regularly and taken up to keep the interest of the viewers on the streaming platform alive in all regions of the world. It is also carried out to fulfill the legal obligations of the streamer. Now, it is time to see the list of new titles of movies, TV shows and documentaries, which are about to get added to the streamer in the upcoming week starting from July 21, 2023 in Canada.

Donald Trump’s company and his former longtime lawyer and fixer Michael Cohen have settled a lawsuit over Cohen’s claims he was unfairly stuck with big legal bills after getting entangled in investigations into the former president

Chandrasekhar has said in the Parliament that government authorities had not shut down the services of American microblogging site Twitter and did not raid homes of executives of Twitter for hosting content of farmers' agitation during 2021. This allegation was first made by former Twitter CEO Jack Dorsey in a television interview, which was repeatedly denied by Chandrasekhar on his social media handle.

OpenAI, Alphabet and Meta Platforms have made voluntary commitments to the White House to implement measures such as watermarking AI-generated content to help make the technology safer, President Joe Biden announced on Friday. «These commitments are a promising step but we have a lot more work to do together,» Biden said.

ONDC will sell the most coveted food item in the country currently — the humble tomato — for ₹70 a kg. Tomatoes will be sold by the National Cooperative Consumers' Federation (NCCF) for the next 10-15 days, ONDC managing director and CEO T Koshy said in the national capital on Friday. ONDC is a «socially conscious organisation» he said adding that the move will provide publicity for the platform which is trying to roll-out nationally after several pilots in cities across the country.

NEW DELHI : A group of 30 Indian and foreign investors, including marquee names such as Indian venture capital firms Kalaari Capital, Peak XV Partners (formerly Sequoia India and South-East Asia) and Lumikai, and US firms Tiger Global Management and Tribe Capital, on Friday wrote to Prime Minister Narendra Modi, seeking a meeting to elucidate the impact of the Goods and Services Tax (GST) Council’s recommendation to tax the online gaming sector at 28% of the gross revenue earned by companies in this sector. The letter claimed that the new recommended tax for the sector could lead to an increase of up to 1,100%, based on the present interpretation of the GST Council’s recommendation to tax real-money online gaming companies at 28% of the “full face value" of their earnings.