Reports Financial News
28.03 / 15:11
Provident
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Financial
AI is facilitating financial fraud, Treasury warns
Artificial intelligence is making it easier for fraudsters to carry out more sophisticated attacks on financial firms, the Treasury Department said in a report Wednesday.
28.03 / 15:11
markets
Platform
Charity
community
wellness
reports
Relationships
LPL welcomes $250M team from Wells Fargo
LPL Financial is broadening its East Coast presence yet again as it onboards a New Jersey advisor trio from Wells Fargo. The firm announced the addition of Erick Simonds, Eugene Sninski II, and Lisa Sninski, as they bring Windward Wealth Advisors to the firm’s broker-dealer and custodial platforms.
28.03 / 14:49
UPS
Manufacturing
economy
Food
wellness
country
reports
Now Goldman Sachs too sees India’s economy growing at a faster clip
NEW DELHI : Goldman Sachs joined a clutch of investment firms that are seeing higher potential for India’s economic growth, encouraged by a strong spell of investment as well as manufacturing activity in the country. Goldman Sachs on Thursday raised its forecast for India's economic growth in calendar 2024 to 6.6%, up 10 basis points (bp), on the back of higher investment spending and activity data. Rating agency Moody's earlier this month raised its forecast for India's GDP growth in 2024 to 6.8% from 6.1%, reflecting both global and domestic optimism in the country's economy on the back of robust manufacturing activity and infrastructure spending.
28.03 / 14:49
Provident
Digital
Platform
security
wellness
social
reports
Fibe seeks fresh funds, TR Capital to lead with $50 million infusion
MUMBAI : TPG-backed online lending platform Fibe, formerly EarlySalary, is looking to secure a new funding round, comprising both primary and secondary capital, said three people in the know. TR Capital, a global fund specializing in secondary investments, is expected to lead the round, acquiring full or partial stakes from the company's existing investors, the people added, seeking anonymity. “The round is likely to be a secondary transaction.
28.03 / 13:33
Apple
trends
band
reports
Features
Apple Watch X to get biggest overhaul on its 10-year anniversary with new features: Mark Gurman
Apple Watch bands incompatible. While the exact release timeline for the speculated "Apple Watch X" remains uncertain, it is conceivable that the launch could be slated for 2024, although potential production complexities might necessitate a postponement to 2025. A long-anticipated development in Apple's wearable technology domain is the integration of blood pressure monitoring capabilities, a goal pursued since the inception of the Apple Watch.
28.03 / 13:33
markets
UPS
IPO
students
Universities
reports
Kolkata-based Crizac Limited files draft papers with SEBI for ₹1,000 crore IPO
₹2 each, totaling up to ₹1,000 crore by the promoter selling shareholders. This offer for sale includes up to ₹841 crore worth of equity shares by Pinky Agarwal and up to ₹159 crore by Manish Agarwal, along with a reserved portion for eligible employees to subscribe. Also read: FY24 Market Review: Nifty Midcap and Smallcap surged over 60%; check best-performing stocks The offering proceeds via the book-building method.
28.03 / 13:33
markets
COST
FIVE
social
electronic
stars
reports
Govt scientists to validate star ratings of white goods
₹6,238 crore. According to BNP Paribas, the market size of ACs in India is ₹18,000 crore and it is estimated to grow 12-15% by 2027.
28.03 / 13:33
stars
reports
Sporting
RCB vs KKR IPL 2024: When and where to watch, live streaming details and more
ALSO READ: Tomorrow's IPL Match: RCB vs KKR; who’ll win Bengaluru vs Kolkata match? Fantasy team, pitch report and more RCB and KKR have faced each other in 32 matches in the IPL tournaments, where Kolkata registered victory in 18 matches, while RCB won in 14 matches. Bengaluru’s highest total against KKR so far is 213, and KKR’s highest score against Bengaluru is 222. Bengaluru is known for offering flat pitches that mostly favour batters.
28.03 / 13:33
markets
UPS
Fighting
Election
Trade
reports
Courts
Top news on March 28: Arvind Kejriwal’s ED custody extended till April 1; Nifty 50, Sensex climb almost 1%
Arvind Kejriwal’s ED custody till April 1 in the Delhi liquor policy scam case. The Nifty 50 and the Sensex closed with healthy gains on Thursday, ending the financial year 2024 with robust gains. Here are the top news events on March 28: Delhi chief minister Arvind Kejriwal was produced in front of Delhi’s Rouse Avenue court in the Delhi liquor policy scam case today.
28.03 / 13:33
COST
Manufacturing
wellness
show
performer
reports
India’s February core sector growth fastest in three months
NEW DELHI : The output of eight core infrastructure sectors, which account for two-fifths of India’s industrial output, expanded by 6.7% in February—the fastest pace in three months, according to data released by the ministry of commerce and industry on Thursday. The growth in India's eight key infrastructure industries—coal, crude oil, steel, cement, electricity, fertilisers, refinery products, and natural gas—was also revised to 4.1% for January, from 3.7% earlier. During February 2023, core sector output had expanded at 7.4%.
28.03 / 13:11
BLOCK
social
reports
Investigations
International
Customers
Axis Bank credit card customers allege fraudulent transactions on the social media. Details here
Axis Bank customers have faced fraudulent transactions, as some of them have highlighted their concerns on social media.
28.03 / 12:37
markets
UPS
Target
Booking
reports
Mohamed El-Erian: We may have just seen a central bank shift that will go down in history
It would not surprise me if future economic history books were to look back at the last week in central banking as marking a move away from strict inflation targeting by the world’s most influential central banks.
28.03 / 11:45
Digital
Platform
Boxing
film
2020
reports
Features
Production co Dharma posts fourfold rise in revenue
Dharma Productions, promoted by film producer Karan Johar, reported a nearly four-fold increase in revenue to ₹1040 crore for the fiscal year ending March 2023, compared to ₹276 crore in the previous fiscal. The company’s revenue growth was driven by Ranbir Kapoor and Alia Bhatt’s Brahmastra: Part One: Shiva. The film collected ₹418 crore in worldwide gross box office collections. Apart from Brahmastra, the company also released Govinda Naam Mera and Selfiee, featuring Vicky Kaushal and Akshay Kumar, respectively, during the fiscal.
28.03 / 11:45
Provident
Software
wellness
country
beautiful
reports
Schools
Top 20% of Urban Company partners earn 50% more than entry-level IT staff
Urban Company said in a report. As per the firm’s H2 2023 Earnings Index, service partners who provide over 30 services per month earned a monthly net income of Rs 33,469.
28.03 / 11:11
Strategy
Bill
consequences
information
reports
recommendations
prevention
Financial
strategies
CIBIL: Financial crisis leaving you fearful? Follow these 7 strategies to protect your credit score
Nobody likes to be amidst a financial crisis. But when it comes, it comes unannounced. It can affect everything from your fuel bills to credit card dues. And one thing comes as a collateral damage: impact on your credit score.
28.03 / 10:33
reports
LCA Tejas Mark 1A fighter aircraft completes first flight in Bengaluru
Hindustan Aeronautics Limited (HAL) on Thursday successfully completed the first flight of indigenous light combat aircraft (LCA) Tejas Mark 1A fighter jet in Bengaluru, news agency ANI reported “First flight of the Made in India indigenous LCA Mark 1A fighter aircraft has been completed in Bengaluru by the Hindustan Aeronautics Limited today," the agency quoted HAL officials as saying. “The aircraft was airborne for 15 minutes during its first flight," the officials added. According to an India Today report, the fighter aircraft is likely to be deployed at Nal airbase in Rajasthan’s Bikaner near the Pakistan border.
28.03 / 10:33
Google
information
reports
Features
Google's Circle to Search will start rolling out to more Android phones and tablets. Check if your device is on the list
Goodbye Pixel 6a! Google reportedly discontinues its popular mid-ranger ahead of I/O 2024 Google also announced that Circle to Search will soon allow users to translate anything that's on their screen. Without giving further details on how the feature will work, the company said that users will be able to translate text by simply long-pressing the home button or navigation bar and tapping the translate icon.
28.03 / 10:33
economy
Remark
Experts
country
reports
Schools
parachuting
Raghuram Rajan draws flak for comments on India's growth, experts call him 'parachute economist'
Bloomberg reported. According to Rajan, India is making a big mistake in believing the 'hype' around its strong economic growth, adding that it will take several years of hard work to make it real. The economist was of the view that for a country like India, it is vital to first improve its structural problems to meet its true potential.
28.03 / 10:13
Blockchain
Provident
security
BlackRock
Bill
tokenization
reports
BlackRock’s New Tokenized Fund BUIDL Attracts $240M in a Week: Bloomberg
BlackRock‘s foray into blockchain with its tokenized fund BUIDL has quickly captured investors’ attention, securing $240 million in deposits.
28.03 / 09:35
UPS
Target
BLOCK
Reuters
country
reports
India set to send teams to Chile seeking lithium and copper assets, report says
lithium and copper resources, a government source said, as rapid economic expansion and New Delhi's efforts to speed up the energy transition stoke demand for critical minerals. Chile is a key target as it is the world's biggest supplier of copper and the second-biggest producer of lithium, which are essential for electric vehicle batteries and renewable energy systems in the push away from fossil fuels. As part of India's drive to explore overseas for mineral assets, state firms National Aluminium Company, Hindustan Copper and unlisted Mineral Exploration and Consultancy have set up a company called Khanij Bidesh India (KABIL).
28.03 / 09:35
markets
Citi
Digital
Platform
Research
pandemic
reports
NOT
In new-age business, market share may not always mean profitability
Digitalisation of business, when companies increasingly use digital tools to create efficiencies, understand the market, and reach out to the customer, is gathering pace even after the pandemic which gave a booster shot to e-commerce. India's fast moving consumer goods (FMCG) companies are increasingly betting on digital advertising to reach customers.
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