Platform Financial News
21.07 / 18:45
Platform
Fighting
country
Power
26 parties have come together to keep BJP out of power: Mamta Banerjee
Lok Sabha elections, Trinamool Congress supremo Mamata Banerjee on Friday gave a clarion call to oust the BJP from the Centre under the newly formed opposition platform — INDIA (Indian National Developmental, Inclusive Alliance). Banerjee claimed that if the BJP government comes to power again, democracy will cease to exist in the country. «In 2024, a new India will be born for development, unity, harmony and oneness and to save democracy,» she said during a mega public rally in Kolkata on Martyr's Day.
21.07 / 18:29
Digital
Platform
Metro
performer
RIL profit drops as refining biz falters
NEW DELHI : Reliance Industries Ltd said quarterly profit declined 5.9% from a year earlier, missing analysts’ estimates, due to the weak performance of its chemicals and refining business. Net profit fell to ₹18,258 crore in the three months ended 30 June from ₹19,405 crore in the year-ago quarter. Profit missed the average ₹18,302 crore estimated by a Bloomberg survey of analysts.
21.07 / 18:29
UPS
Provident
Target
Digital
Platform
Software
Novopay to spin off retail biz, focus on banking software
NEW DELHI : Khosla Ventures-backed Novopay Solutions Pvt. Ltd is in the process of demerging its retail business. The company will now only house its banking software business, which was recently rebranded as ‘Trustt’, chairman Srikanth Nadhamuni said in an interview.
21.07 / 18:29
MET
Digital
Cooper
Platform
Interface
country
India, Sri Lanka to work for economic, tech agreement
NEW DELHI : IIndia and Sri Lanka on Friday agreed to start discussions on an Economic and Technology Cooperation Agreement (ECTA) and unveiled plans to cooperate on power, digital payments, connectivity and green energy. The ECTA with Sri Lanka will focus on tariff and non-tariff barriers as well as investment rules.
21.07 / 18:29
Platform
Entertainment
Metro
Sony
show
country
audience
‘India 2nd largest anime market for Crunchyroll’
NEW DELHI/MUMBAI : Global anime brand Crunchyroll sees India as the second largest anime market in the world after the US and expects 60% of the global growth in the next few years in the category to come from the country. Crunchyroll, LLC is an independent joint venture between Sony Pictures Entertainment in US and Aniplex in Japan, a subsidiary of Sony Music Entertainment (Japan) Inc., both subsidiaries of Tokyo-based Sony Group Corp. “India is still a nascent market for us but we’re seeing really strong fandom for anime across the country, and not just in metros but also from tier-two and three towns.
21.07 / 17:45
Blockchain
Ethereum
Provident
Platform
Racing
Strategy
social
Polkadot’s Kusama Model Offers a Way Forward for High-Innovation Blockchains
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com .
21.07 / 17:45
Blockchain
Ethereum
Provident
Platform
Oracle
Cross-Chain
Binance Labs Pours $10 Million into Cross-Chain DeFi Lender, Radiant Capital
Crypto exchange Binance’s venture capital arm – Binance Labs – has invested $10 million in Radiant Capital, a marketplace for providing liquidity and borrowing cross-chain assets.
21.07 / 17:45
Platform
Crypto Exchange FTX and Alameda Seek to Retrieve $71 Million from Philanthropic and Life Science Entities
Defunct cryptocurrency exchange FTX and its sister company Alameda Research are seeking clawbacks from FTX's philanthropic arm and other life science entities.
21.07 / 17:15
Target
Digital
SEC
CEO
Platform
Inside
social
Trump
Fine
Trump-linked SPAC to pay $18M fine to SEC over ‘material misrepresentations’
Digital World Acquisition Co., a blank-check company, has found itself entangled in a web of legal trouble with the Securities and Exchange Commission over its proposed merger with media giant Trump Media and Technology Group.
21.07 / 17:05
21.07 / 17:05
21.07 / 15:55
COST
UPS
Platform
performer
Reliance Q1 Results: Revenue, profit declines but telecom, retail shine; six key highlights from RIL's Q1FY24 scorecard
dividend of ₹9 per fully paid-up equity share of ₹10 each for the financial year ended March 31, 2023. Read more: Reliance Q1 Results: Net profit declines 10% to ₹16,011 crore on weaker O2C biz, revenue down 4%; dividend declared Here are six key highlights from Reliance Industries' Q1FY24 scorecard: Overall, RIL's revenue and profit declined, mainly because of the weak performance of the O2C business. RIL's consolidated gross revenue declined 4.7 per cent YoY to ₹2,31,132 crore.
21.07 / 15:55
UPS
Digital
Platform
Metro
performer
track
electronic
Reliance Retail's net profit increased 18.8% in the first quarter to Rs. 2,448 crores
₹2,448 crore, driven by growth in the groceries, consumer electronics, and fashion and lifestyle categories. The business, which is a division of Mukesh Ambani's billionaire-led Reliance Industries Ltd, reported a combined net profit of ₹2,061 crore during the same period the year before. According to the corporation, its operating revenue for the quarter increased by 19.5% to ₹62,159 crore from ₹58,554 crore in the same period last year.
21.07 / 15:01
UPS
Platform
Celebrity
Para-gliders, hot air balloons, drones prohibited in Delhi until Aug 16
Delhi Police has prohibited flying of para-gliders, para-motors, hang-gliders, UAVs, UASS, microlight aircraft, remotely piloted aircraft, hot air balloons, small-sized powered aircraft, quadcopters or para-jumping from aircraft in Delhi. The prohibition will come into effect from July 22 till August 16.
21.07 / 14:33
21.07 / 13:49
Platform
show
Income Tax Return Due Date Extension for AY 2023-24 Latest News: What you should know on July 21
Income Tax Return Due Date Extension for AY 2023-24 Latest News (July 21): If you haven’t filed ITR till now and waiting for an extension of the due date, here’s some bad news for you. The Government is not considering any plan to extend due date for Assessment Year 2023-24, which is July 31, 2023.
21.07 / 13:21
UPS
Platform
Action
Entertainment
Enterprise
2024
ZEE to telecast second season of ILT20 from Jan 2024
New Delhi: Homegrown entertainment network Zee Entertainment Enterprises (ZEE) on Friday said it will telecast the second season of the International League T20 (ILT20) live on its linear channels and on video streaming platform ZEE5 from January 2024. ZEE picked up the 10-year global media rights of the league from the Emirates Cricket Board.
21.07 / 13:21
COST
Provident
Digital
Platform
Action
Remark
Future
Indian
Is ONDC the future for Indian E-commerce Sellers?
gateway, ONDC connects buyers and sellers from various platforms. It consists of a seller app, a buyer app, and a gateway that brings them together seamlessly. Through its seller and buyer applications, ONDC acts as a gateway that connects buyers and sellers across different platforms, breaking down barriers and promoting inclusivity.
21.07 / 13:21
Digital
Platform
Mobile
Software
Enterprise
Motorola
Colgate
VTEX and Nanostuffs Join Forces to Enhance Digital Commerce in India
Nanostuffs, with its impressive track record of serving 90 percent of domestic customers and achieving profitability, brings with it over a decade of expertise in building large-scale commerce platforms for enterprises. With over 300 implementations of cloud-based software and 400+ mobile apps developed, Nanostuffs is a boutique organization focused on a core rapid development model with a team of 200+ adept resources and several reusable accelerators.
21.07 / 12:57
Facebook
Twitter
FIVE
Digital
Platform
Strategy
Instagram
Drop
Features
Threads User Engagement Continues to Drop, Adding Urgency for New Features
User engagement on Threads has continued to fall after an initial surge in sign-ups, putting pressure on parent Meta Platforms to roll out new features for its nascent microblogging app. For a second week in a row, the number of daily active users declined on Threads, falling to 13 million, down about 70% from a July 7 peak, according to estimates from market intelligence firm Sensor Tower. The average time users spend on the iOS and Android apps has also decreased to four minutes from 19 minutes.
21.07 / 11:17
UPS
Citi
Platform
Gap
Fighting
Southern
How a front-line city became Ukraine’s romantic capital
Read more of our recent coverage of the Ukraine war The 13:38 express from Kyiv pulls into Kramatorsk, welcomed by a sea of flowers and outstretched arms. Of the passengers who aren’t soldiers on their way to nearby Bakhmut, almost all on board are the wives and girlfriends of those already fighting. Viktoria, 27, and Karolina, 29, have travelled to see their men Alexander, 32, and Vladimir, 33, who are waiting for them on the platform.
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