Profiles Financial News
29.08 / 19:45
BBC
Arrow
Features
International
Profiles
archery
The world is watching Sheetal: India’s armless archer nearly sets new world record to finish second in ranking round
para-archery event was sold out. And one of the reasons for it becoming such a huge draw for the spectators was India’s Sheetal Devi. “She is just 17 and is ranked No. 1 in her category. How she releases the arrows with her jaw is just incredible. She is a global story of inspiration,” said one of the members of the International Paralympic Committee (IPC). A couple of days ago, the BBC did a detailed feature on Sheetal. The local press was curious to know more about her in the mixed zone.
29.08 / 15:08
Blockchain
Provident
Platform
community
Trade
Features
Profiles
Web3Me: Explore Everything About The Upcoming “LinkedIn For Crypto”
[Bulgaria, 29th August 2024] Imagine trying to assess a candidate’s expertise in blockchain development, only to be met with unverifiable claims, scattered portfolios, and a lack of trustworthy references. This scenario highlights employers, collaborators, traders, and freelancers’ current dilemma.
28.08 / 18:08
27.08 / 17:08
Target
trends
students
information
rights
Relationships
Profiles
Lessons from my relationship manager quitting….again
A few days ago, I received a message from my relationship manager informing me that she had left the private sector bank where I hold my primary account. This wasn’t the first time something like this happened. Since 2008, I’ve had relationship managers come and go, with each one lasting around two years before moving on.
27.08 / 17:00
markets
Experts
show
consequences
reports
rights
Profiles
How to prepare for the Fed's forthcoming interest rate cuts
The Federal Reserve is poised to cut its benchmark interest rate next month from its 23-year high, with consequences for consumers when it comes to debt, savings, auto loans and mortgages
24.08 / 18:43
Career
Fighting
Universities
information
Schools
Colleges
Profiles
Not UPenn or Georgetown, Barron Trump is heading to New York for college this fall
Barron Trump, the youngest child of Donald and Melania Trump, has decided to start his college career in New York this autumn, which is a big break from the Trump family's custom of going to Georgetown or the University of Pennsylvania. In an interview with the New York Post on August 20, 2024, the former president Donald Trump verified the information and said that Barron had chosen a «very good» school in New York. Trump did suggest that the information would be revealed shortly, but the precise institution is still unknown, as per the reports of Yahoo news. Barron, who stands out as the tallest in his family, reaching between 6-foot-7, has maintained a low profile, especially in recent months. Unlike his other family members, he did not attend the Republican National Convention in Milwaukee in July, where his half-niece, Kai Trump, made an appearance and shared her decision to attend the University of Miami. This low visibility extends to his upcoming college move-in, a rite of passage for many families, as it is unclear if his parents, Donald and Melania Trump, will be present for this event. Whether Barron will reside on or off-campus is also still unknown. Also Read: Beyoncé fails to appear at DNC, many Democrats particularly millenials are outraged
23.08 / 14:16
Instagram
song
pop
Features
Updates
Profiles
Instagram latest update: Step-by-step guide to add music to your Insta profile
Instagram is taking a trip down memory lane with its latest feature update, allowing users to add music to their profiles. This new feature is a nod to the early 2000s when Myspace allowed users to showcase their favorite tunes. While Instagram’s version won’t autoplay the song like Myspace did, it still offers a fun and engaging way for users to personalize their profiles and share their musical tastes with followers.
23.08 / 11:08
markets
Provident
Gap
wellness
country
Videos
Profiles
I sell orgasms for a living, claims this Goa-based startup founder whose net worth is nearly Rs 12 crore
Manzuri, describes his work in a straightforward manner: “I sell orgasms for a living.” This statement, shared during an episode of the 1% Club with finance influencer Sharan Hegde, highlights Ritelin’s mission to challenge societal taboos surrounding sexual health in India. Manzuri, a Goa-based wellness startup, focuses on providing pleasure products for women, aiming to address the stigmatized conversations around sexual wellness. Ritelin explained that Manzuri, launched in 2019-2020, entered a market devoid of trustworthy sources for purchasing sex toys. “When we started, there was no player in the market where women could go and find a trustworthy and reliable source to purchase sex toys from,” he said. Due to the lack of recognition for sex toys in India, Ritelin refers to his company as a wellness startup rather than a sex toy company, noting the country's lag in pleasure technology. On the 1% Club video, Ritelin disclosed his financial status, revealing a liquid net worth of Rs 1.5 crore. His non-liquid assets are valued between Rs 8.5 to Rs 9.5 crore. Ritelin owns a 70% stake in Manzuri, which is valued at Rs 12 crore, bringing his total net worth to between Rs 10 to Rs 12 crore. He also shared that his annual expenditure is approximately Rs 40 lakh.
23.08 / 08:31
markets
UPS
Trade
social
reports
Profiles
Drowning in debt at 32, confessions of a failed options trader
Mint. Here is SP (name withheld on request), who narrates his story offering valuable lessons for anyone considering entering the high-risk world of options trading: Over the past eight to nine years, I lost approximately ₹60 lakh in options trading, a loss so severe that I am now deeply in debt, which is almost that amount. I owe money to 11 different lenders.
22.08 / 20:25
markets
UPS
Trade
Videos
Profiles
Trader Turns $1,000 into $750K Overnight, Thanks to a Crypto Billionaire’s Profile Pic
One lucky meme coin trader watched his investment of $999.91 Sun Wukong ($SUNWUKONG) balloon into unrealized returns of about $750,000, according to a tweet by blockchain intelligence company Arkham Intel.
22.08 / 17:46
markets
Platform
country
innovations
reports
prevention
Profiles
Credit Bureau Experian launches AI-driven solution to tackle fraud
Experian India, on Thursday announced the launch of AiDRIAN, an AI driven tool that detects potential fraud. AiDRIAN detects potential fraud at its source, preventing the possibility of financial loss in real time, the company said. The platform integrates device profiling, analysing over 150 device parameters to create unique device IDs and identify anomalies, Experian claimed. According to Experian’s 2024 Future of Fraud Forecast report, nearly 70% of businesses report increased fraud losses in recent years, and over half of consumers feel more vulnerable to fraud than before.
22.08 / 16:27
UPS
Booking
Platform
Hyundai
Features
Updates
Profiles
Hyundai Alcazar facelift revealed ahead of the launch on Sept 9: Design, features, booking amount and more
₹25,000 either through Hyundai's online platform or by visiting authorized dealerships across the country.The updated model will continue to offer both six-seat and seven-seat configurations, catering to a range of family and lifestyle needs.According to HT Auto, the 2024 Alcazar will be available in four distinct variants: Executive, Prestige, Platinum, and Signature. Hyundai has also expanded the SUV's color palette, offering nine exterior colors, including a new shade named Robust Emerald Matte. This broader selection allows customers to personalize their vehicles to a greater extent.In its latest iteration, the Alcazar draws significant design cues from the new-generation Creta.
22.08 / 14:40
markets
UPS
Manufacturing
Sustainability
reports
Profiles
Indian cement makers to invest Rs 1.25 lakh cr in 2 years to meet growing demand
cement industry has lined up a capex of around Rs 1.25 lakh crore for FY25 to FY27 to meet the growing demand, said a report by rating agency CRISIL. During this period, the industry is expected to add 130 million tonne of cement grinding capacity, which is a fifth of the existing capacity. The investment will be driven by healthy demand outlook and the quest for market share, and the low capex intensity and strong balance sheets will keep the credit profiles of the companies stable, the report said. «The projected outlay will be 1.8 times the capex during the past three fiscals, yet the credit risk profiles of manufacturers will remain stable. This is owing to their continued low capex intensity and solid balance sheets with financial leverage sustaining below 1x on the back of strong profitability,» it said.
21.08 / 05:03
COST
UPS
Cooper
2020
Profiles
India’s deposit insurer is overcharging commercial banks
₹21,381 crore, with investment income at ₹11,908 crore, and revenue surplus after tax at ₹24,559 crore. As an insurance company, it has an actuarial valuation for liability as of 31 March 2023 at ₹12,174 crore, but surplus collection to date beyond actuarial liability totalled ₹1,57,427 crore. The total funds available with the Deposit Insurance Fund are ₹1,69,602 crore, or 2.02% of the total insured amount.
20.08 / 21:58
FIVE
security
Sustainability
stage
exclusive
information
Profiles
NARCL plans to separate sustainable part of Simplex Infrastructures debt
NARCL, which acquired EPC company Simplex Infrastructures' ₹9.600-crore debt from lenders led by Punjab National Bank (PNB), is exploring a restructuring plan to split the exposure into sustainable and unsustainable portions, potentially writing off the latter, sources told ET. The plan, which envisages gains for the company's stock on its approval, is in the early stages of discussions. NARCL had acquired the loan in cash and security receipts (SRs) for ₹640 crore earlier this year. The state-backed bad bank had bought the debt from lenders at a 93% discount. The banks involved include PNB, State Bank of India, Canara Bank, Bank of Baroda, Bank of India, Union Bank of India, RBL, IDBI Bank and Standard Chartered Bank.
20.08 / 10:12
WhatsApp
Instagram
show
testing
Features
Updates
Profiles
WhatsApp tests new features; Replace phone numbers with usernames: What it means for users?
WhatsApp will offer three privacy settings: "Username," "Phone number," and "Username with PIN."By selecting the "Username" option, users can keep their phone numbers hidden, displaying only a username to others. However, it is important to note that existing contacts who already have your phone number will still be able to see it.
20.08 / 01:55
UPS
Aware
Software
testing
Colleges
Profiles
Infosys opens ‘Power’ programme offering freshers up to Rs 9 lakh a year
Infosys has launched a ‘power programme’ for colleges with differential hiring, offering packages of up to Rs 9 lakh per annum, two people aware of the development told ET. This is substantially higher than the entry-level fresher pay packages of Rs 3-3.5 lakh offered by the Bengaluru-based company. “The focus of these categories of hiring is on coding and software challenges, programming skill testing and other specialised skill tests for both tests and interviews,” one of the sources said. “For Infosys, these pay packages offered are between Rs 4-6.5 lakh and Rs 9 lakh.”
17.08 / 04:05
UPS
Citizens
wellness
Experts
cover
Profiles
Earn up to 9.5% FD rate: Seven banks offering highest 3-year fixed deposit interest rates for senior citizens
Here's a list of small finance banks offering up to 9.5% on senior citizen FDs for amounts above Rs 3 crore. (Senior citizens are those aged 60 and above).
16.08 / 06:17
markets
FIVE
Opinion
Experts
recommendations
Profiles
Mutual fund cash pile sees Rs 19,000 crore spike to Rs 1.71 lakh crore in July
Mutual funds were sitting with Rs 1.71 lakh crore cash allocation in July which was 4.89% of the total AUM. The net equity AUM was recorded at Rs 35 lakh crore as on July 2024. There were around 43 mutual funds in the market in the said period. Five mutual funds had more than Rs 1 lakh crore cash in their portfolio. ICICI Prudential Mutual Fund had the highest cash allocation of Rs 33,790 crore as on July 2024 which was 8.90% of the total AUM. The fund house had an equity AUM of Rs 3.45 lakh crore as on July 2024.
16.08 / 01:31
UPS
Career
Google
JPMorgan
Research
Profiles
Morning Coffee: The JPMorgan MD whose wife slept with her head on a desk to be near him. How’s Barclays’ banking revival going?
Every now and then you come across a banking story that deserves wider circulation, so it’s worth firing up Google Translate to read this article in La Repubblica. Marco Pistoia, the Global Head of Applied Research at JPMorgan, is widely known as a nice and humble guy, so it’s nice to see how happy he is to be profiled in his home newspaper.
15.08 / 16:58
markets
JPMorgan
Strategy
KeyCorp
Latin
International
Profiles
Scotiabank lands JPMorgan team for mortgage capital markets in Texas
Bank of Nova Scotia has recruited a team of seven from JPMorgan Chase & Co. in Texas to launch a new mortgage capital markets business in Houston.
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