Platform Financial News

C2C Advanced Systems will debut on the NSE SME platform on Tuesday. Ahead of the listing, the company's shares were trading with a GMP of Rs 240 in the grey market. Considering the upper price band of Rs 226, the stock is expected to see a maximum listing gain of 90% over the issue price.

Direct-to-consumer brands and ecommerce marketplaces are estimated to have recorded a 17-18% increase in order volumes during this year's Black Friday weekend compared to last year. Beauty, wellness and personal care products, and home decor were the most popular categories during the sale, according to ecommerce enablement platform Unicommerce. The gross merchandise value (GMV) — the value of goods sold on ecommerce platforms, excluding discounts and returns — rose more than 24% from a year earlier. The surge in sales was fuelled by the global excitement around Thanksgiving and the Christmas season, bringing the year's ecommerce sale events to a close. The sale event also saw a sharp rise in average order value (AoV), particularly for pricier items, similar to what was observed during the Diwali festive sales, said several brand executives.

Thousands of delivery drivers in Spain working for the food delivery app Glovo will soon be full employees after the company announced that it was moving to an employment-based model

Established nonprofits, everyday individuals and mutual aid groups all want your dollars to make a difference

The Canada Post strike, now in its third week, is set to cost Canada’s small- and medium-sized businesses more than $1 billion by Wednesday, according to the Canadian Federation of Independent Business (CFIB). The prolonged labour dispute, which began on Nov. 15, has paralyzed operations at the Crown corporation, disrupting supply chains and dealing a significant blow to small businesses during the critical holiday season.

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popular instant messaging platform will no longer be compatible with iOS versions earlier than 15.1, according to a report from WABetaInfo.This move will affect devices that are unable to update beyond iOS 12.5.7, the last software version available for these older iPhones. Users on these models must either upgrade to a newer device or explore alternatives, as their current hardware will no longer support WhatsApp after the announced deadline.WhatsApp has given users a generous five-month notice, with the changes set to come into effect on 5 May 2025.

Online payments major PhonePe has informed its merchants that its payments solutions will be offered to them through direct integrations, therebystopping all third-party partnerships with payment aggregators like SoftBank-backed Juspay. In a communication sent out to merchants, a copy of which was seen by ET, PhonePe said that it sees third party payment players receiving a payment aggregator licence (PA) of their own as a conflict of interest. This is a significant development in the merchant payments business where players like Juspay, which facilitates merchants to work with multiple payment gateways, might face loss of business. Juspay recently bagged the final approval from the Reserve Bank of India for a PA licence. What does this mean and what could be the potential impact of this move? ET explains.

financial influencers, capital market regulator Sebi has cracked down on Baap of Chart, a popular social media influencer in the trading community, and asked its operators to refund investors who had availed advisory services. In its order, the regulator barred Nasiruddin Ansari and his associates, who operated the Baap of Chart platform, from accessing the securities market for allegedly providing unregistered investment advisory services and violating market regulations.

Subscribe to enjoy similar stories. Video streaming platforms that were long accused of indulging filmmakers who dished out long-format shows running into several hours and episodes without offering any compelling content, have now not just tightened purse strings but are also making greater effort to ensure quality standards are met in whatever programming they put out.

Subscribe to enjoy similar stories. If Google were a ship, it would be the Titanic in the hours before it struck an iceberg—riding high, supposedly unsinkable, and about to encounter a force of nature that could make its name synonymous with catastrophe. The trends moving against Google are so numerous and interrelated that the Justice Department’s attempt to dismantle the company—the specifics of which were unveiled Nov.

University of Oxford «From Gridlock to Growth How Leadership Enables India's PRAGATI Ecosystem to Power Progress» illustrates how Prime Minister Narendra Modi's Initiatives has transformed the problems, its monitoring and resolution of various projects of the government. The report says India's PRAGATI platform offers a compelling case study of how digital governance can drive progress. Pragati was launched in 2015 by Prime Minister Narendra Modi and has become an acronym for Pro-Active Governance and Timely Implementation of projects. It has transformed the way India manages its large-scale infrastructure projects and social sector programs.

Digital payments major PhonePe has decided to discontinue its partnership with payment orchestration platform Juspay. Instead, the Walmart-backed company is opting for direct integration with merchants. This will also allow PhonePe to offer an integrated payment experience to its merchants from origination of the transaction to the final settlement. While PhonePe has been offering the direct integration service for quite some time now, going forward the company will stop all third-party integrations, a person in the know said.

Nitish Mittersain, Joint MD & CEO, Nazara Technologies, says India-first novel approaches are needed. If e-commerce can be integrated into gaming, that can deliver relevant opportunities for shoppers to buy what they want while they are engaging with the games, that could lead to a very interesting and new monetisation model. With the whole India stack opportunity emerging with platforms like ONDC, a lot of initiatives can be taken for such innovations. It is a concept now. Nazara is starting to deploy it in the Q4 of FY25, which is Jan to March and they will see how that pans out over the next year. The latest acquisition that you have made is Trinity Gaming. It cost just around Rs 24 crore. What is the acquisition strategy going forward? Have you earmarked a certain amount that you are looking at deploying, and certain capabilities that you are looking at adding? Nitish Mittersain: It is important to understand that Nazara operates the M&A flywheel at two levels. One is what the parent entity does, which is areas that we want to enter. But also, many of our subsidiaries are cashflow generating companies, accumulating cash, many of these are asset-light businesses which do not require to deploy a lot of cash for organic growth and therefore, we help our subsidiaries also learn our M&A playbook and help them deploy.

Subscribe to enjoy similar stories. Filmmakers across Indian languages are churning out mythological tales even after the middling performance of such movies recently, hoping to combine high-quality visual effects with a larger-than-life narrative to speak to cultural and nationalistic sentiments, besides catering to family audiences.

Muthoot FinCorp ONE just on the basis of the daily transactions they do using QR-code. Muthoot FinCorp ONE, a strategic business unit and the digital platform of Muthoot FinCorp Ltd (MFL) will offer loans with daily repayment options to Micro, Small and Medium Enterprises (MSME) that use QR-code based apps for daily collections, the NBFC said in a statement. This is in line with a 'New Credit Assessment Model' for small businesses, which Finance Minister Nirmala Sitharaman had announced in her Budget presentation on July 23. Under the model, banks were required to assess small businesses based on their 'digital footprints' and not on their balance sheets. According to a report by IFC (International Finance Corporation), India's nearly 6 crore MSMEs contribute 31 per cent to the GDP, employ nearly 13 crore people, and make up 45 per cent of exports. Yet, despite being the backbone of the economy, they remain extremely credit-starved. The current addressable credit gap for MSME in India runs into a few lakh crore rupees.

The allotment of IPO of C2C Advanced Systems, which received strong response from investors, will be out today. To check the allotment status through the registrar, follow the below mentioned steps. The registrar in this case is Link Intime India.

The centre-left Labor government has targeted Big Tech's influence, and parliament passed a law last week that banned social media for children aged under 16. The proposed law would empower Australia's competition regulator to oversee compliance, investigate anti-competitive practices online and fine companies, Assistant Treasurer Stephen Jones said in excerpts of a speech due later on Monday.

Ultra low-cost online retailers Temu and Shein are giving Western retailers a run for their money this holiday shopping season

Delta Force Open Beta is set to release in December 2024. The beta will offer exclusive gameplay modes and regular updates until its full launch.

Ankur Warikoo, who boasts a massive following of over 13.7 million across social media platforms, shared an approach to self-reflection through seven challenging questions designed to inspire personal growth and clarity for the upcoming year. These questions delve into daily habits, unspoken desires, and life priorities. The first, referred to as «The Two-Week Test,» by Ankur Warikoo, prompts individuals to evaluate their current lifestyle. By imagining their future if they continued living as they have for the past two weeks, people can assess whether their habits are steering them toward improvement or stagnation. The second question focuses on the tension between fear and desire, encouraging individuals to confront fears that may be holding them back from pursuing what they truly want.