Platform Financial News

11.07 / 10:17

Digital SEC Platform Fighting coinbase Kraken BitStamp Genesis Trading Cryptoverse: Hungry exchanges fight for slice of American pie

By Hannah Lang

11.07 / 09:51

COST Citi Platform Action Immunic How healthcare precincts aid big, ambitious research

Medical and healthcare innovation precincts in places such as Melbourne’s Parkville and Sydney’s Westmead are at the vanguard of Australia’s world-class research endeavours. But how can a nation of 26 million people compete with global heavy-hitters such as Johns Hopkins Hospital, the Harvard system or Toronto’s MaRS Discovery District?

11.07 / 09:47

UPS Twitter Progressive Platform Anand Mahindra struggles to learn Spanish, Twitter shows empathy

Anand Mahindra has taken up a new challenge. The Mahindra Group chairman, took to Twitter to reveal that he is on a mission to master the Spanish language. The billionaire shared a video from language translation and learning app Duolingo and wrote, “Since both my son-in-law and grandson are Spanish speakers, I have been working hard on acquiring that skill—mainly through Duolingo, online.

11.07 / 09:47

UPS Twitter FIVE Platform Apple Meta planning to bring its branded content tools to Threads: report

Meta Platforms's Instagram is planning to bring its branded content tools to Threads, Axios reported on Tuesday. The Threads app launched by Instagram as a rival to Twitter has signed up more than 100 million users in less than five days, smashing the record of AI tool ChatGPT for fastest-growing consumer app.

11.07 / 09:37

UPS Twitter MET FIVE Progressive Platform Reluctant Twitter users, influencers and others are flocking to Meta's new Threads app

Celebrities, lawmakers, brands and everyday social media users are flocking to Meta’s freshly minted app Threads to connect with their followers, including many Twitter refugees tired of the drama surrounding Elon Musk’s raucous oversight of that platf...

11.07 / 09:13

Provident Digital Platform Action Pool end Will the GST Council put an end to the GST dilemma?

The fate of the Indian online skill-gaming industry is likely to be decided at the upcoming 50th GST Council meeting on July 11. The government has recognised online skill-based gaming as a promising sector and has also provided support in the form of favourable policies. The Ministry of Electronics and Information Technology (MeiTy) has introduced the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021 (IT Rules), providing regulatory clarity and a boost to the sector. The contribution of the online skill-based gaming sector to the Indian economy cannot be overstated.

11.07 / 09:13

UPS Provident Digital Platform Strategy Fractional Ownership of Commercial Real Estate: A promising prospect in India

Fractional ownership is revolutionizing the Indian real estate sector by democratizing investment opportunities and granting retail investors access to high-value commercial properties. With its potential for high returns, ease of tracking, and diversification benefits, this investment model is rapidly gaining popularity.

11.07 / 09:13

CEO Platform Cleartax Income Tax Return offer: 50% discount on ITR plans for AY 2023-24. Check Eligibility

Income Tax Return filing 2023: ITR filing platform Cleartax has unveiled ‘Cleartax for Heroes’ as a heartfelt tribute to defence personnel, police officers, teachers, and healthcare warriors. As a way to honour their contributions, Cleartax has announced a flat 50% discount on ITR plans, which will be exclusively available to defence personnel, police officers, teachers, and healthcare warriors.

11.07 / 09:11

Binance Progressive Platform Action BitOasis Virtual assets Dubai Virtual Assets Regulator Imposes Enforcement Action Against Crypto Exchange BitOasis

Dubai-based cryptocurrency exchange BitOasis, which received a minimum viable product (MVP) operational license from the UAE’s crypto regulator in April, is now facing enforcement actions from the authority.

11.07 / 08:59

UPS Digital Platform TCS EBITDA Q1FY24 result preview: Zomato, Nykaa, other new-age tech stocks may see decent revenue growth, improved EBITDA

Zomato, Nykaa, Delhivery, among others are likely to see decent revenue growth with improvement in operational performance during the first quarter of FY24. The strong growth trajectory seen in the B2B e-commerce space is likely to continue in Q1FY24 driven by market share gains from offline segments and penetration increase as small businesses explore means of increasing their digital footprint on both supply and demand sides, analysts said.

11.07 / 08:37

Blockchain UPS Ethereum Provident Platform Bitcoin This New Altcoin is Creating a Phenomenal Buzz Among Bitcoin and Ethereum Whales

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

11.07 / 08:37

UPS Platform Drop reports Singapore's Temasek reports portfolio value drop, positive on China tech

Singapore investment firm Temasek Holdings on Tuesday posted a 5.2% drop in its net portfolio value to S$382 billion ($284.65 billion) in the financial year that ended in March. The drop in net portfolio value is its first since the 2019 financial year and came amid intensified global market volatility. Temasek's chief financial officer Png Chin Yee said the company, which is an investor in Chinese finance company Ant Group, was hopeful the China tech sector's troubles were over after signs a regulatory crackdown was ending.Temasek said while it Singapore investments remained resilient, its global direct investments had dropped in valuation in the past two years.

11.07 / 08:37

UPS Manufacturing CEO Platform Adobe Strategy strategies ET MSME Regional Summit in Indore: Industry leaders unveil strategies to propel the growth and innovation of MP’s MSME sector

“In order to establish more MSMEs in the area of manufacturing production or in the service sector or the businesses sector, we have come up with Mukhya Mantri Udyam Kranti Yojna. Under this scheme, we are giving 3% interest subvention for loans ranging between the amount of Rs 50,000 to Rs 50 lakh.

11.07 / 08:35

CEO Platform Action Pool NOT ‘Gamers must not be taxed the same way as gamblers,’ E-sport body says on 28% GST proposal on online games

GST Council meeting, the E gamers Players Welfare Association (EPWA) has shared a report on the booming industry of virtual games as the Group of Ministers on Tuesday is likely to include online gaming under the ambit of 28% GST slab. The GST Council has proposed to levy GST at 28% on total money deposited by the players to a gaming company as against the GST rate of 18% levied only on the platform fee. Against this backdrop, the EPWA director and Tech Policy lawyer Shivani Jha told Mint, "We hope that the council of ministers will take equitable steps to ensure an increased GST doesn’t discourage players from playing altogether.

11.07 / 07:55

UPS Provident Cooper Platform Racing Pool Utility 50th GST Council meet gets underway; taxation of online gaming, utility vehicles on agenda

GST Council meeting started on Tuesday and is likely to deliberate on a host of issues including taxation of online gaming, definition of utility vehicles and tightening of norms for registration and claiming of ITC. At the beginning of the meeting taking place in the national capital, Finance Minister Nirmala Sitharaman released a short film titled 'GST Council — 50 steps towards a journey'.

11.07 / 07:19

COST UPS Target Booking Platform Stealth valuation Athena lines up stealth capital raising, delaying valuation questions

Athena Home Loans – the start-up mortgage lender attempting to challenge the dominance of the major banks by offering lower rates to good borrowers – is raising $20 million from existing investors using a funding mechanism that lets it keep its valuation in a falling market.

11.07 / 06:45

Target Platform Strategy share price Tata Motors share price extends rally; becomes 16th most valued automaker in the world

Tata Motors share price gained over a percent on Tuesday, extending its rally for the fourth straight session, to hover around its all-time high level hit in the previous session. Tata Motors also became the 16th most valued automaker in the world overtaking Kia Corporation in terms of market capitalization. Its m-cap surged to more than ₹2.07 lakh crore during the day.

11.07 / 06:43

COST Provident Platform Accenture Taking stock of the new retail value paradigm

This content is produced in commercial partnership with Accenture

11.07 / 06:43

Target Platform Strategy ICE NIFTY NVIDIA Motilal Oswal sees 13% upside in Tata Motors stock: 5 reasons why

Tata Motors can rally another 13%, with the stock expected to scale target of Rs 700, riding on strong growth drivers. Motilal Oswal has recommended a 'Buy' rating on Tata Motors, estimating a healthy recovery as supply-side issues ease and commodity headwinds stabilise for its India business. India's largest EV play is expected to benefit from the commercial vehicle (CV) upcycle and stable growth in its passenger vehicles segment, Motilal Oswal said in a note.

11.07 / 06:43

Facebook UPS Twitter Platform Remark India welcomes is first regional AI news anchor, 'Lisa'

In a significant milestone for the AI industry, Odisha TV, an Odia-based news station, has unveiled «Lisa,» India's first regional AI news anchor. Lisa's introduction marks a groundbreaking moment in TV broadcasting and journalism, with the potential to revolutionize the industry. In a video shared by OTV on Twitter, Lisa confidently introduces herself, expressing her excitement for this historic occasion.

11.07 / 05:19

Citi MET Digital CEO Platform Strategy Personal care startup Clensta raises Rs 75 crore in funding from Parineeti Chopra, others

Clensta International has raised Rs 75 crore in its pre-Series funding, led by TradeCred and the Royal Family of the UAE, a top company executive told ET. The executive added that the Export-Import Bank of India (EXIM Bank), Mumbai Angels, Keiretsu, LetsVenture and O2 VC Fund were among the investors who took part in the funding round. The funding includes a mix of debt and equity.

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