Platform Financial News
16.11 / 13:07
Platform
Strategy
band
show
performer
concert
reports
'Still won't find a ticket...': Coldplay fans experience a déjà vu as tickets to band's 2nd Ahmedabad concert sell out within minutes
BookMyShow to add a second show on January 26, 2025. However, fans were left disappointed once again as the second set of tickets also sold out just as quickly. The tickets for Coldplay's highly anticipated concert at the Narendra Modi Stadium in Motera, Ahmedabad, became available on BookMyShow at noon on Saturday, but demand was overwhelming, with online queues reportedly numbering in the lakhs.
16.11 / 12:15
UPS
Manufacturing
Platform
Sustainability
awards
reports
Aditya Ultra Steel to set up 5 MW solar plant; posts Rs 5.87cr profit for Apr-Sept
Rolled steel products manufacturer Aditya Ultra Steel Ltd has reported a net profit of Rs 5.87 crore for April-September period of 2024-25 and also announced setting up a 5 MW solar plant at Rajkot in Gujarat. The company in a statement on Saturday said its revenue from operations stood at Rs 312.39 crore in the first six months of 2024-25. Operating profit stood at Rs 10.50 crore in the period under review. The rolled steel products maker, which sells products under the Kamdhenu brand, listed on NSE SME platform in September following its around Rs 46 crore IPO. The company had reported revenue of Rs 587.80 crore in FY24 while profit was Rs 7.69 crore in the fiscal. Aditya Ultra Steel Ltd Managing Director Sunny Sunil Singhi said that the company is setting up a Rs 15-crore solar power plant with a capacity of 5,000 KWP at Jasdan, Rajkot, to meet its energy needs and enhance sustainability.
16.11 / 10:25
UPS
Platform
wellness
isolate
strain
weightlifting
Fitness: What are hack squats and why you should do them
Subscribe to enjoy similar stories. You might have seen this machine at your gym. It’s the one that has weights pulling it down, a lever on the side, and a platform to stand on.
16.11 / 08:39
UPS
Man
Platform
Doge
Department
volunteers
Billionaire Elon Musk wants ‘high-IQ’ task force workers, but the pay is zero
Elon Musk, the world’s richest man and now tasked with helping Donald Trump’s administration slash government spending, is asking super smart people to come work for him — but only if they can afford to work for free.Musk and Vivek Ramaswamy, who were named to lead of the Department of Government Efficiency (DOGE) under the incoming Donald Trump administration, put out a call for volunteers on Musk’s X platform this week, using the official DOGE account to ask for “super high-IQ small government revolutionaries willing to work 80+ hours per week on unglamorous cost-cutting.”We are very grateful to the thousands of Americans who have expressed interest in helping us at DOGE. We don’t need more part-time idea generators.
16.11 / 08:23
markets
Digital
Platform
awards
Experts
PAM
reports
Online spends through credit cards rose sharply in festive sale season
Online shopping with credit cards is rising, fueled by deals offered during the festive season. In September 2024, shoppers in India spent Rs 1,15,168 crore online using credit cards. This makes up 65.4% of the total Rs 1,76,201 crore spent through credit cards, ToI reported on November 16 citing latest data. The survey, which included 700 credit card users, found that 80% took advantage of special credit card offers available on e-commerce platforms. The main attractions were discounts, no-cost EMI options, and better deals overall. This trend started earlier in the year. In April, online credit card spending was Rs 94,516 crore, which was 60% of the total Rs 1,56,498 crore spent. The portion of online spending grew to 63.4% in July, dipped slightly to 62.4% in August, and then reached 65.3% in September.
16.11 / 04:49
markets
Platform
Election
Experts
PAM
social
Traffic
Musk's political ascendancy stirs hopes of redemption for X banks
Elon Musk's political ascendancy has some Wall Street banks hoping they may soon be able to offload $13 billion of debt that backed the billionaire's purchase of the social media platform X, three banking sources said. Some of the lenders in the consortium, which included Morgan Stanley and Bank of America, think Musk's emergence as a close aide to Republican President-elect Donald Trump could boost the prospects of X, previously known as Twitter, the sources said. If that were to happen, it would allow them to sell the debt without having to take a massive loss on the deal, the sources said. Musk, X, Morgan Stanley and Bank of America did not immediately respond to a request for comment.
16.11 / 04:49
16.11 / 03:35
Reuters
Platform
Netflix
Boxing
track
reports
Traffic
Netflix down for thousands of users in United States
Netflix was down for thousands of users in the United States late on Friday, with more than 12,000 incidents reported, outage tracking website Downdetector.com said. The reports come as Netflix airs a much-anticipated live boxing match between Mike Tyson and Jake Paul, that promises to draw high traffic to the platform. The number of users indicating problems had fallen to 5,114, by 9:21 p.m. ET, however, according to Downdetector, which tracks outages by collating status reports from various sources.
16.11 / 02:35
markets
UPS
Twitter
Platform
Experts
social
What is Bluesky, the fast-growing social platform welcoming fleeing X users?
X users are again flocking to Bluesky, a newer social media platform that grew out of the former Twitter before billionaire Elon Musk took it over in 2022. While it remains small compared to established online spaces such as X, it has emerged as an alternative for those looking for a different mood, lighter and friendlier and less influenced by Musk. What is Bluesky? Championed by former Twitter CEO Jack Dorsey, Bluesky was an invitation-only space until it opened to the public in February. That invite-only period gave the site time to build out moderation tools and other features. The platform resembles Musk's X, with a «discover» feed and a chronological feed for accounts that users follow. Users can send direct messages and pin posts, as well as find «starter packs» that provide a curated list of people and custom feeds to follow. Why is Bluesky growing? Bluesky said in mid-November that its total users surged to 15 million, up from roughly 13 million at the end of October, as some X users look for an alternative platform to post their thoughts and talk to others online. The post-election uptick in users isn't the first time Bluesky has benefited from people leaving X. The platform gained 2.6 million users in the week after X was banned in Brazil in August — 85% of them from Brazil, the company said. About 500,000 new users signed up in one day in October, when X signaled that blocked accounts would be able to see a user's public posts.
16.11 / 02:27
COST
UPS
Provident
Platform
security
Enterprise
reports
Small businesses ramp-up cybersecurity adoption, thanks to AI
Subscribe to enjoy similar stories. Small businesses are ramping up adoption of managed cybersecurity services to take on an increasing volume of cyber threats, with security providers using artificial intelligence (AI) to reduce the cost of their services.
16.11 / 02:27
Provident
CEO
Platform
innovations
information
Features
Interviews
From loans to locking portfolios, big changes are afoot at revamped MFCentral
Subscribe to enjoy similar stories. MFCentral (mfcentral.com), a mutual fund transactions platform jointly run by Computer Age Management Services Limited (CAMS) and KFin Technologies Limited (KFintech), has finally been converted into a separate joint-venture company. The platform, which has 2.5 million users, is run by registrar and transfer agents (RTAs) – Sebi-registered firms that provide services to mutual fund companies and investors – and allows investors to buy or sell any mutual fund.
15.11 / 22:07
COST
Platform
Courts
Sporting
MLBPA, FanDuel settle lawsuit over alleged improper use of name, image and likeness
A commercial affiliate of the Major League Baseball Players Association has settled a lawsuit with FanDuel over the alleged unauthorized use of the names and images of MLB players on its sports-betting platform
15.11 / 21:11
markets
Digital
Platform
Universities
PAM
audience
International
Dune: Prophecy: Check out release date, time, episode schedule, plot, cast and where to watch
Dune: Prophecy delves into the early history of the Dune universe. This prequel explores events leading to the formation of the Bene Gesserit.
15.11 / 21:11
markets
Twitter
Digital
Platform
social
reports
Features
Exodus from Elon Musk’s X: Why users are flocking to Bluesky – All we know about the new app
Elon Musk’s acquisition of the platform. Conceived as a decentralized alternative to Twitter, Bluesky offers a user-driven experience that mirrors many features of X, drawing a wave of former X users, including celebrities and major organizations, as mentioned in a report by Forbes.
15.11 / 18:13
markets
Platform
Qualcomm
President
AMD
Experts
Features
Qualcomm Snapdragon X-series PC chipsets adoption to surge: Analysts
The system-on-chip or SoC multinational with its Snapdragon X Plus and X Elite and Oryon cores compute platform is touted to outperform AMD or Intel central processing units (CPU), based on critical benchmarks. “Qualcomm has been able to bring more heterogeneous compute capability and mobile-centric features from edge AI to elite gaming to 5G easily with lower battery consumption to the PC ecosystem. This allowed it to be the first chip vendor to power Microsoft CoPilot+PCs ahead of incumbents – AMD and Intel, which is a significant feat,” Neil Shah, Vice President, Counterpoint Research told ETTelecom.
15.11 / 14:51
15.11 / 14:43
Provident
Google
Platform
security
Software
Enterprise
track
World sees 600 mn cyber attacks daily, AI can secure devices: Microsoft's Chik
Subscribe to enjoy similar stories. New Delhi: A mind-boggling 600 million cyber attacks are conducted daily, and artificial intelligence (AI) can play a critical role in securing billions of electronic devices by assessing attack patterns and developing autonomous defences over time, a top Microsoft official said.
15.11 / 11:55
markets
Digital
Platform
Strategy
Experts
social
rights
Matrimony.com launches fintech platform to offer wedding loans
Matrimony.com has launched its financial technology platform weddingloans.com aimed at providing financial assistance for marriages, the company said on Friday. The company has partnered with leading financial institutions such as IDFC, Tata Capital, Larsen and Toubro Finance, to offer a comprehensive loan solution. «This platform will go beyond selling loans, it will help customers make the right decision with special focus on their financial well-being,» Matrimony.com said in a company statement on Friday.
15.11 / 08:37
markets
Platform
Strategy
Experts
Doge
social
Department
Want to join the DOGE Squad? Elon Musk seeks reformers with high-IQ willing to work 80 hr/week for govt overhaul
Department of Government Efficiency (DOGE), created under President-elect Donald Trump's direction and led by Elon Musk and Vivek Ramaswamy, launched a recruitment initiative on Thursday for those interested in joining the effort to reform US government operations. In a post on X (formerly Twitter), DOGE invited applicants to submit their resumes through direct messages on the social media platforms. However, candidates are required to have verification status on X, which comes with a minimum £8 monthly premium subscription. In addition, the department is looking for high IQ individuals who are willing to work over 80 hours a week. «We are grateful to the thousands of Americans who have shown interest in helping us at DOGE,» the post read. «We don’t need part-time idea generators; we need super high-IQ, small-government revolutionaries ready to work 80+ hours a week on unglamorous cost-cutting,» DOGE wrote on the hiring post.
15.11 / 08:37
markets
Digital
Platform
security
testing
cricket
Sporting
Before IPL auction, KL Rahul reveals T20 comeback aim and what he needs in new IPL team
KL Rahul is aiming to use the upcoming IPL as a platform to secure his return to the Indian T20I side. The 32-year-old Indian cricketer, who is keen to remain an all-format player, is also in contention to open the innings in the first Test against Australia of the upcoming Border-Gavaskar Trophy series in Perth if skipper Rohit Sharma opts to sit out. However, KL Rahul suffered an elbow injury during a practice match at the WACA ground on Friday, raising concerns about his availability for the first Test of Border Gavaskar Trophy against Australia starting November 22. Also Read: Virat Kohli undergoes scan, KL Rahul suffers blow
15.11 / 08:16
UPS
Digital
Platform
TikTok
Experts
Universities
social
Australia's plan to ban children from social media proves popular and problematic
The Australian government's plan to ban children from social media to protect them from harm has won almost universal political support
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