Services Financial News

BSE and NSE, on Tuesday, December 5. In a similar way, you can also check on its registrar's website.

Cryptocurrency exchange and Web3 developer OKX announced the expansion of its services for users in the Brazilian market with a local crypto exchange and Web3 wallet platform. 

Palestine's Gaza. On Monday, Israel said that it had reached an agreement in principle for using his SpaceX company's Starlink communications in the Gaza Strip. Prime Minister Benjamin Netanyahu is also due to meet Musk on Monday to discuss the security aspects of artificial intelligence and hold a live online discussion, Netanyahu's office said.

Digital asset exchange HTX has resumed deposits and withdrawal services for major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), and others after it was drained for $30 million.

₹24,500 billion) by FY26, with electronics exports expected to hit $120 billion by then. These projections depend on India gradually reducing its dependence on electronics imports. At present, India fulfills a majority of its electronic needs through imports.

Bitcoin (BTC) deposits and withdrawals have returned to the Justin Sun-linked crypto exchange HTX, formerly Huobi, after it suffered a $30 million exploit on Nov. 22.

Hong Kong’s investment management firm, Victory Securities has obtained approval to offer digital asset services to retail clients expanding the country’s number of cryptocurrency licences.

Filecoin, the world's largest decentralized storage network, now welcomes Sushi, a prominent decentralized exchange (DEX), marking a pivotal development in decentralized storage and exchange services. Filecoin's unique approach to cloud storage, functioning as an open-source marketplace, protocol, and incentive layer, revolutionizes how data is stored, requested, and transferred. This technology, designed for securing valuable datasets, positions Filecoin as a formidable alternative to conventional cloud storage, offering an efficient, cost-effective, and decentralized solution.

HTX (formerly known as Huobi Global) announced that deposit services for major chains will be gradually resumed on their platform, beginning today, complemented by an airdrop event as a gesture of gratitude to its users.

₹1,092.26 crore IPO of Fedbank Financial Services, a retail-focused non-banking finance company promoted by Federal Bank, has achieved full subscription on the last day of bidding (November 24). At 12:30 PM, the issue had garnered bids for 7,33,03,453 shares against the available 5,59,23,660 shares, resulting in a subscription rate of 1.31 times. The retail segment displayed notable interest, with a subscription rate reaching 1.51 times.

Times of India, the engineering services company sacked its staff partly because of the actions initiated as part of the performance cycle and to reduce overlapping of the roles. The layoffs have mainly happened in delivery and support functions due to the integration of automation in many functions.

Austria’s Raiffeisen Bank is set to launch crypto trading services in 2024, joining a slew of European banks breaking into the digital asset custody business. 

Crypto exchange HTX, formerly Huobi Global, will resume deposits and withdrawals within 24 hours after suffering a $13.6 million exploit on Nov. 22.

local SIM card can be substantial. PRO TIP: Using local SIM cards in unlocked phones can significantly reduce communication costs while traveling abroad. Not only does it save money, but it also provides a smoother communication experience, free from the worry of unexpected charges and network issues that often accompany roaming services.

₹1,092.26 crore IPO of Fedbank Financial Services, a retail-focused non-banking finance company promoted by Federal Bank, continued to witness subdued interest from investors on its second day of bidding. Also Read: Fedbank Financial Services IPO: Issue receives tepid response from investors on Day 01 Investors bid for 5,05,84,571 shares on the second day (November 23) against the available 5,59,23,660 shares, translating into a subscription rate of 90%, as per BSE data. Notably, the retail segment exhibited decent demand as the subscription rate reached 1.26 times.

The Singaporean crypto-fiat payment gateway, Alchemy Pay, announced a further expansion into the United States market on Nov. 23 with the acquisition of its money services license in the state of Iowa. 

Reliance Industries Ltd (RIL), has asked for the Reserve Bank of India’s (RBI) approval for conversion into a core investment company (CIC). Jio Financial on November 21 announced that it has submitted an application with the RBI for converting to a CIC from a non-banking financial company (NBFC) after a regulatory mandate.

Federal Bank Limited is the promoter of Fedbank Financial Services, a non-banking finance company (NBFC) with retail in focus. According to the CRISIL Report, in the fiscal year 2023 and the three months ending on June 30, 2023, Fedbank Financial Services had the second and third lowest cost of borrowing among the micro, small, and medium-sized enterprises (MSMEs) gold loan and MSME & gold loan peer set in India.

e-Visa services by India for Canadian nationals, External Affairs Minister S Jaishankar has said that the visa issuance was temporarily suspended because the situation in Canada has made it «difficult for our diplomats to do the necessary work.» Addressing a press briefing following the conclusion of the Virtual G20 Leaders' Summit on Wednesday, Jaishankar said that the physical visa has started in many categories. «Regarding the E visa, you know, first of all, it had nothing to do with the G20 meeting. What had happened was we had temporarily suspended visa issuance because the situation in Canada made it difficult for our diplomats to do the, you know, frankly to go to the office and do the necessary work for processing visas,» Jaishankar said. «As the situation has become more secure or relatively improved.

Crypto-price aggregator CoinGecko has acquired Zash – a non-fungible token (NFT) data infrastructure platform – to help bring data monitoring for both fungible and non-fungible tokens under one roof.

Times of India. According to the report, the affected train details are yet to be released by the Western Railway. To minimize the impact on train service, blocks will be carried out during the night, TOI quoted Chief Public Relations Officer (CPRO) of Western Railway, Sumit Thakur as saying.