Platform Financial News

State Bank of India's stressed asset division and then CEO of the bad loan-laden Central Bank of India, Pallav Mohapatra developed unparalleled expertise in dealing with non-performing assets. Now as CEO of Asset Reconstruction Company (India) (Arcil), Mohapatra has been on the buy side of the table for two years. In an interview with Joel Rebello, he talks about the opportunities and regulatory changes facing the industry.

Elon Musk acquired Twitter last year. In addition to a surge in numbers on Mastodon, the acquisition and subsequent changes boosted small existing platforms like Hive Social and has spawned brand new upstarts like Spoutible and Spill. Most recently, the microblogging platform backed by Twitter founder Jack Dorsey, Bluesky, saw a surge of sign-ups in the days following Twitter’s rate limit, and Meta launched its microblogging platform Threads on July 5.

OTT apps into its ambit, although GoI has clarified this is not designed to impose 'same service, same rules'. The intent is to regulate OTT communications services to protect users on the lines permitted by existing laws and court rulings on interception. It also seeks to level the field on the revealed identity of callers across voice and data platforms.

BJP MP has moved a private member's bill for prohibition of fake news, which proposes imprisonment of up to seven years or fine of up to ₹10 lakh or both. At a time when there is a surge in fake news on social media, BJP MP Manoj Kotak, in his private member's bill titled 'Prohibition of Fake News on Social Media Bill, 2023', proposes to set up a social media regulatory authority comprising an MP each from both Houses of Parliament for prohibition of fake news.

NEW DELHI : Aadya Ahuja, a 27-year-old counselling psychologist based in Delhi, loves the thunderous rumble of diesel engines. She inherits her fascination for tall, butch Mahindra SUVs from her father. In fact, she learnt to drive on her father’s diesel-powered Scorpio, a rather unusual choice for a young person in a city getting behind the wheel for the first time.

Rikkie Valerie Kollé, a Dutch-Moluccan model lives in Breda. The 22 year old succeeded Ona Moody and will now prepare to represent the Netherlands at the 72nd Miss Universe (Miss Universe 2023) in El Salvador. Further, Nathalie Mogbelzada, 26, from Amsterdam, was named first runner-up while Habiba Mostafa and Lou Dirchs were awarded Miss Congeniality and Miss Social Media, respectively.A post shared by Miss Nederland Organisatie (@missnederland) Reigning Miss Universe R'Bonney Gabriel of the USA graced the historic event as a special guest.

By Louis Juricic and Sarina Isaacs

Delhi, on Saturday and Sunday, received heavy rainfall breaking a 41-year record. Delhi recorded 153 mm of rain in 24 hours ending 8.30 am on Sunday, the highest in a single day in July since 1982, the IMD has said. According to India Meteorological Department, New Delhi's Safdarjung recorded the third highest 24-hour rainfall (for the month of July) on 8th-09th July, 2023, since 1958.

Senior officials of the Department of Pension & Pensioners’ Welfare (DoPPW) under the Union Personnel Ministry has conducted an outreach programme with a pensioners’ association here aimed at enhancing their ease of living, according to an official statement issued on Saturday. The DoPPW has been holding awareness programmes for pensioners in online mode as well as through interactive meetings to dispense information and also to understand issues faced by pensioners as well as dwell on any suggestions forwarded by them.

In an increasingly digitized world, where cashless transactions are promoted and are widely popular, one may safely assume that the threat of fake currency has long passed. However, the reality is far worse than one could imagine. Counterfeit currency was and continues to be one of the most pressing issues in the modern interconnected world, impacting the integrity of financial systems, stability of the economies, and daily life of ordinary individuals.

There are two ways of looking at Meta Platforms’ release of a Twitter competitor called Threads. It’s nicely timed to capitalize on growing unease over the way Elon Musk has run Twitter. And it’s also horribly timed, coinciding with the imminent launch of an EU law that strikes at the heart of the way Meta makes money.

Gurugram on Sunday, as several parts experienced severe waterlogging and traffic jams, with the administration advising corporate houses to work from home on Monday and schools to announce a holiday. Heavy rains blocked arterial roads, parks, underpasses, and markets. Meanwhile, Deputy Commissioner Nishant Kumar Yadav urged residents to stay indoors and venture out only for essential work, as reported by PTI.

Cybersecurity stocks took the spotlight during the COVID-19 pandemic in 2020 and 2021 before undergoing a significant correction in 2022. But recently, stocks in the sector have started showing signs of recovery after a slow start to 2023.

Digital Labs Private Limited (ADL), a subsidiary of Adani Enterprises, has recently completed the acquisition of a 29.81% stake in Enterprises Private Limited (SEPL), popularly known as Trainman, an innovative online train booking and information platform. The official announcement regarding this strategic acquisition was filed with the exchange on July 7. This move follows Adani Enterprises' previous declaration of its intention to obtain full ownership of SEPL.

dog owner and residents inside a lift in a housing society in Noida has gained significant attention on social media. Several Twitter users have shared the short clip, fueling a lively debate among online communities. In the 40-second video, a woman can be seen engaged in a dispute with fellow residents regarding her pet dog's lack of a muzzle.

New Town on Kolkata's northern fringes have claimed that they were not allowed to exercise their franchise in the West Bengal panchayat elections, as «goons» stopped them from entering polling booths in the area. A total of 2.06 lakh candidates are in the fray for elections to 73,887 seats in the three-tier panchayat system in the state, which were held on Saturday. About 5.67 crore people living in the state's rural areas were eligible to vote. A 75-year-old retired academician claimed that he made two attempts to cast his vote at APJ Abdul Kalam College, the polling centre, but was stopped by a group of people. «First, they stopped me at 8 am. Many people blocked roads leading to the polling centre with guard rails. Then again around 12 noon, I tried to go to the booth along with a neighbour, but we had to return. The people standing outside the polling centre told us that our votes have been polled,» the elderly man said. «Later, I heard they had done the same thing at other booths in the township, too,» he added.

Hyundai Exter. As revealed by the auto manufacturer, the Exter SUV will come in six single-tone and three dual-tone color options including Cosmic Blue and Ranger Khaki. Here’s everything that we know about the SUV so far Bookings of the Hyundai Exter SUV are currently open.

Infosys founder Narayana Murthy, recently provided her unique perspective as the first angel investor in her husband's life. At the Moneycontrol Startup Conclave 2023, Sudha Murty shed light on the challenges faced by partners of successful individuals and the importance of their support. In her speech, Sudha Murty acknowledged that living with accomplished individuals can be extremely demanding.

Gurugram received 71 mm of rainfall till 8 am on Sunday. Meanwhile, the Gurugram Metropolitan Development Authority (GMDA) has closed all underpasses and subways for non-motorised transport (NMT), and pedestrians for public use till the rains last. Several two-wheeler and cycle riders were unable to spot potholes and fell into the murky water on Golf Course Extension Road, Sector 69 Sector 5, Basai Road, and Narsingpur.

GST Council on July 11 is expected to clarify on the TCS liability of suppliers engaged in e-commerce trading through Open Network Digital Commerce in cases where multiple operators are involved in a transaction. ONDC or Open Network for Digital Commerce is a new initiative of the department for promotion of industry and internal trade (DPIIT). So far, there is no clarity on who should be liable for TCS compliance under GST laws.

non gamstop casino site that adopts state-of-the-art security measures to protect players from cybercriminals. In addition, the online casino has a smooth layout that makes it easy to navigate. Players can visit this platform via their Android and Apple devices.