Platform Financial News
13.11 / 12:05
13.11 / 12:05
13.11 / 09:41
Platform
Action
Fighting
country
information
Investigations
Classified-documents leaker Jack Teixeira is sentenced to 15 years in prison
Subscribe to enjoy similar stories. Jack Teixeira, a former Massachusetts Air National Guardsman, was sentenced Tuesday to 15 years in prison over an extraordinary leak of highly classified intelligence documents that sent the U.S. government rushing to protect its secrets.
13.11 / 08:31
markets
IPO
Platform
Analysis
Trade
Experts
band
Zinka Logistics IPO Day 1: Check GMP, Price Band, Subscription, Key Dates, Review,
Zinka Logistics, which opened for subscription earlier today, has been subscribed by 21% so far on the first day of the bidding process. Around 1:15 pm, the issue had attracted 46,70,514 bids out of the total 2,25,67,270 available for subscription. The highest demand was driven by the retail investors subscribing to the issue by 35%, followed by the qualified institutional buyers (QIBs)
13.11 / 03:59
markets
Target
Digital
Landmark
Platform
Strategy
social
Meta to offer less personalised ads in Europe to appease regulators
Meta Platforms plans to offer Instagram and Facebook users in Europe the option to receive «less personalised ads,» the tech giant announced on Tuesday, in an effort to allay regulators' mounting concerns. The Menlo Park, California-based company said it is implementing these changes in response to demands from EU regulators. Over the coming weeks, people in the EU who use the company's social media platforms for free with ads, will be able to choose to see ads based on what Meta calls «context»- content that a user sees during a particular session on the platforms.
13.11 / 03:55
markets
IPO
Platform
Trade
Experts
band
recommendations
Zinka Logistics IPO opens today: GMP, price band, subscription, key dates & other details
Zinka Logistics, which operates the BlackBuck platform, will open for subscription today. The issue, which is a combination of fresh equity sale of Rs 550 crore and an offer for sale (OFS) of 2.06 crore shares, will be available for bidding till November 18. Ahead of the issue opening, the company bagged Rs 500 crore from anchor investors where marquee investors including Nomura, Hornbill Orchid India Fund, Steadview Capital Mauritius, TIMF Holdings, Florida Retirement System among others participated.
12.11 / 21:15
markets
Digital
Platform
Experts
PAM
show
social
The Secret Lives of Mormon Wives: See release date, time, where to watch, storyline and cast
ABC has announced the broadcast premiere of the Hulu reality series The Secret Lives of Mormon Wives. Following its success on Hulu, the show will air on ABC.
12.11 / 21:15
markets
Citi
Digital
Platform
film
audience
reports
Megalopolis: When and where to watch on streaming | Here’s what we know
Coppola’s latest venture has drawn attention for its grand narrative, which mirrors the decline of the Roman Empire through an alternate reality version of modern-day New York City, dubbed “New Rome.” The film stars Adam Driver as Cesar Catilina, a once-renowned leader battling personal and societal turmoil in a city on the brink, as mentioned in a report by Decider.
12.11 / 19:33
Target
Digital
Platform
Instagram
show
social
information
Facebook and Instagram users in Europe can opt for less personalized ads
Facebook and Instagram users in Europe will get the option to see less personalized ads if they don’t want to pay for an ad-free subscription
12.11 / 19:33
Man
Platform
security
ByteDance
TikTok
President
Courts
Trump has promised to 'save TikTok'. What happens next is less clear
After a tumultuous year filled with anxiety and a legal fight about its future in the U.S., TikTok may have just been thrown a lifeline by the man who was once its biggest foe
12.11 / 19:07
markets
Digital
Platform
awards
Food
Experts
information
FSSAI steps up scrutiny on quick commerce companies over product shelf life
The order comes after a meeting the Food Safety and Standards Authority of India (FSSAI) had with representatives of online food delivery companies, in which they were told to ensure that products being delivered reach consumers with a minimum shelf life of 30% or 45 days before expiry, depending on the food item and format used in the labelling to inform about expiry date. Last month, the consumer affairs ministry had taken note of the matter after receiving several complaints through the national consumer helpline about quick commerce companies not following norms on disclosures such as displaying expiry dates of packaged food items, as mandated by the Legal Metrology Act. ET had reported this first on October 10.
12.11 / 18:15
markets
Citi
Platform
AVP
beautiful
reports
Nykaa posts 24% increase in Q2 profit
Nykaa, on Tuesday reported a 24% year-on-year increase in operating revenue for the second quarter at Rs 1,875 crore. Consolidated net profit for the Mumbai-based company rose 66% to Rs 13 crore in the quarter ended September 30. Gross merchandise value (GMV) rose 24% to Rs 3,652 crore. Within this, the beauty vertical posted a 29% increase in GMV to Rs 2,783 crore, driven by a 31% rise in new customer acquisition.
12.11 / 15:17
UPS
Platform
RAI
AVP
reports
Infibeam Avenues Q2 operational revenue tops Rs 1,000 crore, profit at Rs 47 crore
Infibeam Avenues, which runs payment gateway CCAvenue, reported a total operational revenue of Rs 1,016 crore in the September quarter of FY24, up almost 30% from Rs 787 crore a year ago. Its net profit for the quarter stood at Rs 47.4 crore, up 16.7% from Rs 40.6 crore a year earlier. While the company saw its operational revenue grow steadily, its expenses shot up too. In the second quarter of the current fiscal, Infibeam Avenues reported total expenses of Rs 957 crore, up 30% from Rs 734 crore. A major chunk of the company’s expenses are operational expenses, part of which is a payment processing charge which it needs to pay banks for settling transactions generated via the CCAvenue gateway.
12.11 / 14:03
markets
Provident
Platform
wellness
Pinduoduo
social
reports
Chinese e-commerce firms report growth in sales, shoppers for Singles' Day shopping festival
China’s e-commerce firms reported an increase in the number of shoppers and a growth in sales for this year’s Singles’ Day shopping festival, although final figures were not publicly revealed
12.11 / 13:43
Platform
Fighting
security
Stealth
wellness
Experts
show
China displays new stealth fighter in race to match US
Subscribe to enjoy similar stories. China’s air force showcased a suite of new armaments this week, including a new stealth fighter and an attack drone, demonstrating its advancing ability to challenge the U.S. military presence in the Asia Pacific.
12.11 / 13:43
markets
Provident
Target
Platform
Software
reports
Interviews
Large opportunity in courier aggregation going forward: Unicommerce’s Kapil Makhija on Shipway acquisition
Subscribe to enjoy similar stories. There is a massive opportunity in courier aggregation as e-commerce is evolving fast and has sufficient headroom for growth in the coming years, Kapil Makhija, managing director and chief executive officer of listed e-commerce SaaS platform Unicommerce, told Mint, shortly after announcing the acquisition of courier aggregation and automation platform Shipway. “Courier aggregation is a large opportunity.
12.11 / 11:47
CEO
Platform
stage
Former Close Brothers AM CEO Martin Andrew joins Schroders Personal Wealth board
Andrew oversaw CBAM for thirteen years and stepped down in 2021 to «pursue the next stage of his career». He went on to found an independent wealth management advisory firm Gallatin in 2022, of which he is still director. He has joined the SPW board as an independent non-executive director in what he described a «transformative time» for the firm. Schroders Personal Wealth delays platform launch until 2025 «With a commitment to putting clients at the heart of everything it does, Schroders Personal Wealth's dynamic and transparent business model is well-positioned to capture the on...
12.11 / 10:55
Platform
Analysis
President
show
reports
testing
International
China's Alibaba releases AI search tool for small businesses in Europe and the Americas
BEIJING — Chinese e-commerce giant Alibaba on Tuesday unveiled an artificial intelligence-powered search engine for small businesses in Europe and the Americas to source supplies.
12.11 / 08:57
markets
Provident
Platform
security
economy
social
2020
Social security for gig workers must aim for a balance of flexibility
Subscribe to enjoy similar stories. With the rising share of gig employment in India’s labour market, the welfare of gig workers who make home deliveries for e-commerce platforms has been gaining political attention. The government recently announced its intention of using its e-Shram portal—an initiative aimed at creating a National Database of Unorganized Workers (NDUW)—to identify and extend the benefits of its social-security schemes to gig workers working for e-commerce platforms.
12.11 / 08:45
markets
Platform
security
Strategy
economy
Research
innovations
India is aiming to become a drone hub of the world: Defence Minister Rajnath Singh at Delhi Defence Dialogue
drone hub of the world and it would not only help the Indian economy but also significantly contribute to Make in India and the Atmanirbhar Bharat programme. He was speaking at Delhi Defence Dialogue organised on theme «Adaptive Defence: Navigating the Changing Landscape of Modern Warfare» at Manohar Parrikar Institute for Defence Studies and Analyses. He said the government has taken several initiatives to make India as drone hub of the world.
12.11 / 00:21
markets
Platform
Strategy
Analysis
Trade
Experts
Bitcoin
How can I trade cryptocurrencies in India
Is buying Bitcoin and other cryptocurrencies legal in India? Yes. Investors can buy Bitcoin and other cryptocurrencies from government registered exchanges in India. However, it cannot be used as a currency and is only an investment product.
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