Platform Financial News

08.11 / 21:43

BLOCK Platform Election Bill President Department Courts US to tighten restrictions on energy development to protect struggling sage grouse

U.S. officials are proposing tighter restrictions on oil, solar and wind energy development across more than 6,500 square miles of federal land in the U.S. West

08.11 / 16:51

Digital Platform security TikTok Food President social TikTok’s closure in Canada raises worries for creators’ revenue, support

Canadian TikTok creators fear that the federal government’s decision to shut down the app’s Canadian operations will erode their support system and limit earning potential.

08.11 / 13:33

IPO Reuters Platform Food show reports Investigations India finds Zomato, Swiggy food delivery businesses breached antitrust laws, documents show

Subscribe to enjoy similar stories. An investigation by India's antitrust body found food delivery giants Zomato and SoftBank-backed Swiggy breached competition laws, with their business practices favouring select restaurants listed on their platforms, documents show.

08.11 / 13:33

markets Platform Racing Election wellness Trade show Prediction markets are basking in their election win. Can it last?

Subscribe to enjoy similar stories. Prediction markets passed a closely watched test by correctly forecasting that Donald Trump would win the election. Their future is more difficult to predict.

08.11 / 13:11

UPS Platform WhatsApp exclusive Zoomcar raises $9.15 mn from institutional investors

Self-drive car-sharing platform Zoomcar on Friday said it has raised USD 9.15 million (about Rs 76 crore) from institutional investors. The proceeds will be used for repayment of approximately USD 3.8 million in debt and the remaining amount for general corporate purposes and working capital needs. In connection with the private placement, the company said it issued an aggregate of 2,137,850 units, with each unit sold at an effective price of USD 4.28 per unit and consisting of one share of common stock, two Series A warrants, each exercisable for one share of common stock at an initial exercise price of USD 4.03 per share.

08.11 / 10:41

markets Provident Digital Platform Strategy Cycling performer Multi asset allocation is the way to go: Union AMC's Madhu Nair

Subscribe to enjoy similar stories. Investing doesn't have to be complex or reliant on crystal-ball prediction, says Madhu Nair, the new CEO of Union Asset Management Co. Pvt.

08.11 / 10:07

markets Digital Platform Election Food exclusive Investigations CCI probe finds Zomato, Swiggy breached antitrust laws

antitrust body found food delivery giants Zomato and SoftBank-backed Swiggy breached competition laws, with their business practices favouring restaurant chains listed on their platforms, documents show.

08.11 / 09:39

markets Digital Career Platform Strategy Election Experts JioCinema business head Ferzad Palia to step down

Ferzad Palia, Business Head of JioCinema, is set to step down from his role, according to sources familiar with the matter. Palia will remain with the organisation during the transition period, particularly as merger-related activities progress, to ensure a smooth handover.

08.11 / 06:05

Platform TikTok Instagram social information reports Australian states back national plan to ban children younger than 16 from social media

Australia’s states and territories have unanimously backed a world-first national plan to ban children younger than 16 from most forms of social media

08.11 / 02:05

markets Provident FIVE Platform Strategy NVIDIA innovations Most wanted stocks of 2024: Fund managers bullish on these 3 AI companies

Subscribe to enjoy similar stories. Artificial Intelligence (AI) stocks are capturing significant attention in global markets, underscoring the technology's rising importance across diverse industries. With capabilities ranging from creating professional headshots to generating engaging content, AI's potential appears limitless.

08.11 / 00:57

Digital CEO Platform Enterprise Bill track reports How NPCI's Bharat Connect aims to streamline B2B payments for small businesses

Subscribe to enjoy similar stories. Mumbai: After establishing a strong presence in the retail payments ecosystem, NPCI Bharat Connect is now developing an interlinked payments platform for small businesses.

08.11 / 00:21

UPS Citi CEO Platform Healthcare testing medicines A prescription for speed: How e-pharmacies aim to transform medicine delivery

Subscribe to enjoy similar stories. India's quick commerce revolution that swept up groceries to gadgets and posed a stiff challenge to retail chains and kirana shops in barely three years is now lapping at a new frontier: Medicine delivery. Tata 1mg, PharmEasy, and Apollo 24/7 are piloting ultra-fast medicine delivery services, according to key executives at these firms.

07.11 / 19:01

UPS Binance Platform Election Justice Department Interviews ‘The king is back:’ Canadian crypto billionaire plots life after prison

Changpeng Zhao, the billionaire founder of theBinance Holdings Ltd. cryptocurrency exchange, arrived at the Coca-Cola Arena in Dubai to rapturous applause and a long line of fans eager for a selfie with him. Deep in the pulsating crowd, a man yelled “he is a martyr” while in another part of the room a promoter of a startup boldly declared: “the king is back!”

07.11 / 16:55

ETF Platform security Remark Election Trade Bitcoin Bitcoin's Breaking to New Highs—Here's How to Invest

The price of Bitcoin hit a new high today, briefly breaking $76,000 at about 4:25 p.m. Eastern, surging past its previous all-time high of $73,794 set on March 14, 2024. While not directly impacted by Donald Trump’s win in the 2024 presidential election, president-elect Trump's return to the White House is viewed as being favorable for the crypto industry—especially in terms of regulation and the potential development of a strategic Bitcoin stockpile. If you’ve been looking to invest in Bitcoin but are not sure how to invest in assets other than physical coins or tokens, spot Bitcoin exchange-traded funds (ETFs) may be the answer. And these ETFs can be purchased using many of the top online brokerage platforms.

07.11 / 16:21

markets Platform Strategy Election RAI 2020 Schools Wealthtech platform Nivesh acquires Wealthzi for undisclosed amount

Wealthtech platform Nivesh has acquired the wealth management platform Wealthzi, operated by Lime Internet Private Limited, for an undisclosed amount.

07.11 / 14:17

markets UPS Booking Platform Election travelers Destinations Travel startup 30 Sundays raises $770k in round led by InfoEdge Ventures

07.11 / 13:53

UPS Citi Platform Research musician recommendations Bob Dylan is on X. Is he messing with us?

Subscribe to enjoy similar stories. “Happy Birthday Mary Jo! See you in Frankfort." The tweet by Bob Dylan landed on unsuspecting fans like a mysterious rune. People across the internet wanted to know: Was it actually him? Who was Mary Jo? And what made America’s most revered poet-lyricist, the elusive legend who turned pop music into literature and gave voice to a generation, suddenly embrace the social-media platform previously known as Twitter? The answers, Dylan obsessives say, are blowing in the wind.

07.11 / 10:25

markets Platform Trade Experts show 2020 Foreign outflows of $3.1 bln from Indian financials drive record monthly sales in October, data shows

Foreign portfolio investors (FPIs) pulled out about $3.1 billion from Indian financial stocks in October, the second-highest amount ever from the sector and accounting for 30% of the record overall withdrawal for the month, data showed on Thursday. The 260.42 billion-rupee selloff in financials — the heaviest weighted index on the benchmark NSE Nifty 50 — contributed to the record monthly outflows of $11.2 billion.

07.11 / 10:25

markets Reuters Digital Platform Election Experts Investigations ED raids offices of sellers using Amazon, Flipkart platforms, sources say

Amazon and Flipkart, majority-owned by Walmart, as part of an investigation into alleged violations of foreign investment rules by the e-commerce companies, two government sources said on Thursday. The searches by the Enforcement Directorate (ED) came weeks after Reuters reported India's antitrust body had found the two companies and their sellers violated competition laws by giving preference to select sellers on their platforms. Both companies have maintained they comply with Indian laws.

07.11 / 08:23

markets UPS Provident Platform pandemic Can IKEA disrupt the furniture business again?

Subscribe to enjoy similar stories. There are worse ways to spend a lazy Saturday than to take a trip to one of IKEA’s giant furniture stores. Young children can be swiftly deposited at Småland, the supervised play area, leaving you to navigate the maze of flat-pack furniture and bric-a-brac at your leisure; you might even stop at the restaurant for a plate of Swedish meatballs.

07.11 / 08:23

UPS Provident Platform security Fallout Healthcare performer Paisabazaar is PB Fintech’s Achilles heel

Subscribe to enjoy similar stories. The September quarter (Q2FY25) result of PB Fintech Ltd was a mixed bag. Revenue from its core business of online insurance broking through Policybazaar.com grew 41% year-on-year to ₹624 crore.

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