Platform Financial News
04.07 / 12:46
UPS
IPO
Platform
open
AccelerateBS India IPO: Issue to open on July 6; Check price band, GMP, among other key things to know
AccelerateBS India IPO Dates: The AccelerateBS India IPO will open on July 6 and close on July 11. The basis of allotment is likely to be fixed on July 14 and initiation of refunds will take place on July 17, while the shares are likely to be credited to the demat accounts of eligible allottees on July 18. Also Read: Kaka Industries IPO: Check key dates, price band, among 10 things to know Issue Price: The company is selling shares at a fixed price of ₹90 apiece in the IPO.
04.07 / 12:45
COST
Platform
Gap
Pluto Money: Reshaping Bharat's Savings and Investing Landscape
₹ 25,000 to ₹ 40,000 per month. Traditional fintech companies have largely overlooked this segment due to perceived challenges such as limited market size and higher operational costs. Additionally, traditional banks have struggled to serve this demographic effectively, primarily relying on physical branch-led approaches that incur substantial operational expenses. By focusing on the emerging middle class, a segment comprising around 10 Crore households in smaller towns, Danish Mohd recognizes the untapped potential of this market.
04.07 / 11:50
04.07 / 11:49
04.07 / 11:49
04.07 / 11:17
ETF
Extreme
SEC
Platform
Action
Gemini
Bitcoin
spot bitcoin
Bitcoin ETF approval
ETF approval
Gemini Co-founder Marks Spot Bitcoin ETF Approval Struggle for A Decade
The 10-year anniversary of the day that Cameron Winklevoss and his brother Tyler filed for the top slot in the first Bitcoin Exchange-Traded Fund (ETF) was celebrated today by the co-founder of the cryptocurrency exchange Gemini. The businessman took the opportunity to lambast the Securities and Exchange Commission (SEC) of the United States for its ongoing refusal to approve such items. He claimed that this hesitation has proven to be harmful to American investors.
04.07 / 11:13
UPS
FIVE
Microsoft
CEO
Platform
Airlines
Boeing
How Tatas are trying to turn around slow and heavy Air India
Air India from the government in January last year, Tata Group has put in place various measures to turn around the fortunes of the loss-making carrier, including placing the largest order for 470 planes and expanding international operations. Tata Group has four airlines — Air India, Air India Express, AIX Connect and Vistara, which is a joint venture with Singapore Airlines.
04.07 / 11:13
UPS
Digital
Platform
IIT Guwahati rolls out an Online Bachelor of Science (Honours) Degree in Data Science and Artificial Intelligence on Coursera
Bachelor of Science (Hons) degree programme in Data Science and Artificial Intelligence on Coursera, an online learning platform. Anyone after Class XII or its equivalent, with mathematics as a compulsory subject, can apply.
04.07 / 11:11
COST
UPS
Digital
Platform
Future
Financial
BIS builds out 'game-changing' blueprint for the future monetary and financial system
A special chapter of the BIS Annual Economic Report 2023 details a blueprint for the future by rethinking the existing pillars of the current monetary system. A unified ledger would combine tokenised forms of central bank digital currency (CBDC) with tokenised bank deposits and other tokenised claims, opening up a new era in the joint development of the monetary system and the economy. Hyun Song Shin, economic adviser and head of research of the BIS, comments: "We are at the cusp of another major leap in the monetary and financial system, which will have far-reaching consequences for the economy and society at large. Bringing together central bank money, commercial money, and different assets on the same platform, all tokenised and interacting, opens up a whole new range of possibilities. This would be a game-changer in how we think about money and how transactions take place." Examples of possible innovations cited by the report include:
04.07 / 10:23
UPS
Twitter
Platform
Microchip
Global stocks muted, Meta to unveil Twitter rival - what's moving markets
Investing.com — Global stocks search for direction with Wall Street set to remain closed on Tuesday for the July 4 holiday. Meanwhile, Meta gears up to release a platform to rival Twitter later this week in a bid to attract users unhappy with Elon Musk's management of the social media site. Elsewhere, China unveils export controls on two key minerals in the latest development of an ongoing war over microchips between Beijing and the West.
04.07 / 09:45
Provident
Platform
Enterprise
Simpl Launches 2023 Summer Internship Programme; aims to foster innovation, collaboration among students
Simpl, a one-tap checkout company has introduced Summer Internship Programme 2023 for engineering and management students from educational institutions across the country. The 2.5 month long internship programme aims to provide students with an opportunity to gain valuable insights and hands-on experience in solving problems statements of customers, enterprise and direct-to-consumer (D2C) merchants across the country, according to an official release.
04.07 / 09:45
Facebook
Blockchain
Twitter
Digital
Platform
LinkedIn
Airchains collaborates with West Bengal’s NKDA to introduce blockchain-based land ownership
Airchains, a Web3.0 middleware SaaS platform, has announced partnership with West Bengal’s New Town Kolkata Development Authority (NKDA) to transform land ownership and mutation systems through blockchain. This initiative aims to reshape land mutation by introducing 500,000 non-fungible tokens (NFTs) deployed on Polygon Supernets. Reportedly, the blockchain model will facilitate property ownership.
04.07 / 09:41
Provident
Digital
CEO
Platform
NIFTY
fund launches
services
open
Financial
Bandhan Mutual Fund launches Bandhan Financial Services fund, offer to open on 10 July; key highlights here
Mutual Fund on Tuesday launched an open-ended equity scheme, Bandhan Financial Services Fund. This new scheme offers investors the opportunity to benefit from the multi-year growth opportunities in the financial services sector.
04.07 / 09:09
Facebook
UPS
Lowe's
Platform
Meta Platforms
The Richcession Keeps Rolling
The chances that the U.S. will plunge into a recession this year are slipping. But the richcession? It’s still rolling.
04.07 / 09:09
UPS
Provident
Twitter
CEO
Platform
Fighting
Software
elon
Mark Zuckerberg Looks to Deliver Hit to Elon Musk With Upcoming Twitter Clone Named Threads
Meta Platforms plans to release a microblogging app called Threads, a new product that is expected to hit the market Thursday, days after Twitter owner Elon Musk announced new strictures that will limit how many posts users see on that platform. Social-media veterans and analysts see the planned app as a formidable competitor for Twitter, which has faced falling revenue and other challenges since Musk took over the company in October. Meta, like other tech giants, has a record of copying features of competitors’ platforms and implementing them into its own services.
04.07 / 09:07
Facebook
Platform
German antitrust watchdog can add privacy breaches to Meta probe, EU court says
Meta Platforms comply with EU data protection rules during their investigations, Europe's top court said on Tuesday, a move likely to broaden regulators' scrutiny of Big Tech. The case before the Luxembourg-based Court of Justice of the European Union (CJEU) concerns a 2019 German cartel office order to Meta to stop collecting users' data without their consent as such a practice constituted an abuse of its market power.
04.07 / 08:19
04.07 / 08:15
Ethereum
BTC
XRP
litecoin
CEO
Platform
Bitcoin
surges
Crypto Price Today: Bitcoin surges above $31,000, market cap crosses $600 billion
cryptocurrency market was trading on a mixed note on Tuesday. Bitcoin, Ethereum, XRP and Cardano were trading with gains, while BNB, Litecoin, Polkadot and Solana witnessed some cuts. Bitcoin (BTC) rose 1.17% to $31,021, whereas Ethereum (ETH) was below the $1,950 level. BTC volume in the last 24 hours stood at approximately $16.17 billion, rising 47.24% in the last 24 hours. «The crypto market witnessed a remarkable surge in the past 24 hours, with a total volume of $37.82 billion, marking an impressive 25.34% increase. Notably, the DeFi sector contributed $2.94 billion, accounting for 7.78% of the overall market volume,» Shivam Thakral, CEO of BuyUcoin, said. «Adding to the excitement, Bitcoin surpassed the $31,000 mark, driven by the euphoria surrounding the application for a Bitcoin ETF. This achievement further fuels optimism and interest in the cryptocurrency market,» he added.
04.07 / 08:15
Citi
Waves
Platform
Dreams
Parineeti Chopra and Raghav Chadha's heartwarming visit to Golden Temple fuels excitement for upcoming wedding
Parineeti Chopra and politician Raghav Chadha created a buzz when they visited the iconic Golden Temple together in Amritsar. This marked their first visit as a couple, making the experience all the more special for them. Parineeti took to social media to share a picture of their visit and expressed her delight, stating, «My visit this time was even more special; with him by my side.
04.07 / 07:47
04.07 / 07:47
Digital
Platform
Fighting
Threat
peace
PM Modi begins SCO summit address, says 'Terrorism has become a threat to regional, global peace'
Prime Minister Narendra Modi gave a clarion call for SCO member nations to stand against terrorism during his address at the SCO Summit on Tuesday. "Terrorism is a threat to regional and global peace.
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