Platform Financial News
04.12 / 13:37
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How a Lucknow-based jeweller streamlined his cluttered portfolio of 27 mutual funds and 9 insurance policies
Subscribe to enjoy similar stories. Twenty-seven mutual fund schemes, three endowment and six moneyback life insurance policies. That was what Anurag Kesarwani's financial portfolio looked like until 2023.
04.12 / 12:47
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PURE EV to expand dealership network, launch new products by 2027
: Electric two-wheeler manufacturer PURE EV announced plans on Wednesday to expand its dealership network to over 320 outlets across India by mid-2027. The company plans to launch PuREPower in 2025, leveraging its vehicle battery and powertrain platform. «Over the next 30 months, we aim to add 250 new dealerships, expanding our network to over 320 across India. This growth will be fueled by increasing demand for long-range scooters, electric motorcycles, large B2B contracts, and our entry into the household brand segment,» PURE EV Founder and MD Nishanth Dongari said. The company currently operates with 70 dealerships.
04.12 / 06:45
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Founder of failed crypto lending platform Celsius Network pleads guilty to fraud charges
The founder and former CEO of the failed cryptocurrency lending platform Celsius Network has pleaded guilty to federal fraud charges, admitting that he misled customers about the business
04.12 / 06:45
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Australia is banning social media for people under 16. Could this work elsewhere — or even there?
It is an ambitious social experiment of our moment in history
04.12 / 02:53
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Abha Power and Steel IPO listing today. Check GMP and other details
Abha Power and Steel will debut on the NSE SME platform on Wednesday. Ahead of the listing, the company's shares were trading with a GMP of Rs 15 in the grey market. Considering the upper price band of Rs 75, the stock is expected to see a listing premium of just over 20%.
04.12 / 02:47
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Apex Ecotech IPO shares to debut today. Here's what GMP indicates
Apex Ecotech will debut on the NSE SME platform on Wednesday. Ahead of the listing, the company's shares were trading with a GMP of Rs 45 in the grey market. Considering the upper price band of Rs 73, the stock is expected to see a listing premium of just over 60%.
04.12 / 02:47
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Ganesh Infraworld IPO: Check allotment status, GMP and listing date
NSE SME platform Thursday. The Rs 98 crore SME IPO received a massive subscription of over 300 times at close, driven by strong bidding from retail and non-institutional investors. Firstly, here's how you can know the status on NSE
04.12 / 02:47
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Nisus Finance Services IPO opens today: Check key dates, GMP, price band and other details
company aims to raise Rs 114 crore through the SME IPO and list the shares on NSE SME platform. Here are 10 key things investors need to know about the public offer before subscribing to the issue.
03.12 / 23:37
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E-auction of sick business assets on dedicated platform may become compulsory
Subscribe to enjoy similar stories. New Delhi: Auction of assets like land, buildings, plant and machinery belonging to businesses getting liquidated is likely to see a wider public participation, with the Insolvency and Bankruptcy Board of India (IBBI) planning to make these transactions more mainstream.
03.12 / 17:45
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Trump vows to block Japanese steelmaker from buying US Steel, pledges tax incentives and tariffs
President-elect Donald Trump is underscoring his intention to block the purchase of U.S. Steel by Japanese steelmaker Nippon Steel Corp., and he’s pledging to use tax incentives and tariffs to strengthen the iconic American steelmaker
03.12 / 17:23
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Former B.C. resident fined $18.4 million for using clients' crypto funds to gamble
A former B.C. resident has been fined $18.4 million for diverting millions of customer deposits for his cryptocurrency trading platform to gambling.
03.12 / 15:35
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AT&T sees earnings growth over 3 years; eyes $40B in anticipated shareholder returns
AT&T anticipates earnings growth over the next three years thanks to the momentum of 5G and fiber services
03.12 / 14:03
markets
UPS
Platform
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ZFunds secures Rs 25 crore from Elevation Capital, PB Fintech’s Yashish Dahiya
ZFunds has secured Rs 25 crore in equity funding led by Elevation Capital along with participation from PB Fintech group chief executive officer (CEO) Yashish Dahiya, in its first major institutional funding round. PB Fintech operates the insurance marketplace Policybazaar and credit marketplace Paisabazaar. ZFunds was founded in 2019 by Manish Kothari and Vidhi Tuteja, who worked at Paisabazaar before starting up. Also Read: ETtech in-depth: Decoding PB Fintech’s bull run on the stock markets
03.12 / 12:43
03.12 / 12:43
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Not happy with a product or service? You can file complaint to consumer court online through eDaakhil
eDaakhil portal', a speedy and hassle-free mechanism for filing consumer complaints in all states and union territories.
03.12 / 12:43
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From new Honda Amaze to Kia Syros, check out the list of cars launching this month
Skoda recently launched its first subcompact SUV, the Kylaq, priced between Rs 7.89 lakh and Rs 14.4 lakh. Built on the MQB-A0-IN platform, the Kylaq measures under four meters in length and competes with models like Hyundai Venue, Kia Sonet, Tata Nexon, and Maruti Suzuki Brezza. It is powered by a 1.0-liter turbo-petrol engine delivering 115 hp and 178 Nm of torque, paired with either a six-speed manual or automatic gearbox. The SUV boasts several premium features, including an 8.0-inch digital cluster, a 10.0-inch touchscreen with wireless Apple CarPlay and Android Auto, ventilated seats, a single-pane sunroof, and a six-speaker Canton sound system. On the safety front, it includes six airbags, ABS with EBD, traction control, and ISOFIX mounts. The third-generation Honda Amaze is set to debut on December 4, introducing an updated design and enhanced interior with improved safety features. Prices are expected to start at ₹7.8 lakh (ex-showroom). The new Amaze borrows styling cues from the Honda Elevate and City, featuring an upright grille, sleek LED headlights, and a reimagined bumper. While its side profile remains similar to the outgoing version, the rear design echoes the Honda City’s aesthetic. Inside, the Amaze incorporates a free-standing infotainment system, digital cluster, and advanced safety systems such as ADAS. It retains the 90 hp, 1.2-liter naturally aspirated petrol engine, paired with either a 5-speed manual or CVT.
03.12 / 12:43
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TCS extends deal with Bank of Bhutan
Tata Consultancy Services (TCS), India’s largest software service provider, expanded partnership with Bank of Bhutan, the largest commercial bank of Bhutan, to modernise the bank’s digital core for enhanced customer service, the company informed the stock exchanges. The financial and other details of the deal were not disclosed. TCS said in a statement that it will implement its banking software platform TCS BaNCS to help the bank optimise operations and integrate with the various public services within the digital ecosystem of the country.
03.12 / 10:53
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Citi
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Affordable subscriptions, wide content selection drive audio entertainment growth
Subscribe to enjoy similar stories. Audio entertainment startups Pocket FM, Kuku FM, and Pratilipi FM are gaining in popularity, especially beyond the metro cities, thanks to affordable subscription plans and a wide variety of fiction and non-fiction content that keeps users glued to the platforms. The emergence of artificial intelligence and the creation of more regional content are only expected to spur growth for these platforms, with some shows raking in as much as ₹100 crore, company executives and investors said.
03.12 / 09:55
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Blockchain
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Features
Three upcoming crypto tokens for 2025
In a sea of upcoming tokens, it is hard to tell which one could make it big. Here’s a look at the potential top new altcoins.
03.12 / 09:31
03.12 / 03:41
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$18M penalty handed to B.C. crypto platform owner who diverted clients’ cash
The British Columbia Securities Commission has imposed more than $18 million in sanctions on a cryptocurrency trading platform and its owner who it says diverted customers’ assets to gambling and personal accounts.
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