Software Financial News

Bank of Baroda: The Reserve Bank of India (RBI) on Tuesday asked the Bank of Baroda (BoB) to immediately suspend further onboarding of customers onto their mobile app ‘bob World’. This ban comes after RBI found material supervisory concerns while onboarding customers onto the app. Any further onboarding of customers of the bank on the app will be subject to rectification of deficiencies observed and strengthening of the related processes, said an RBI release.

Here are the companies that will be on investors’ radar on Wednesday: Tata Consultancy Services The software major will announce its September quarter earnings after market hours, and the company is seen reporting a mere 1.4% sequential growth in consolidated revenue to Rs 60,218 crore, and a 3% rise in net profit to Rs 11,404 crore, according to the average estimates. The board will also consider and approve buy back of shares, and the market widely expects it to spend Rs 18,000 crore in the same. Multi Commodity Exchange The exchange is set to go live with its new commodity derivative platform from Monday.

Check out the companies making headlines in midday trading.

Investing.com — U.S. stocks were rising on Tuesday, boosted by dovish comments from Fed officials that suggested the central bank could be near the end of its rate hikes.

TG.Casino is a new crypto casino and sportsbook available on Telegram. It’s one of the only licensed casinos that enables players to join fully anonymously. TG.Casino may be new, but it already boasts hundreds of games and dozens of sports betting markets.

By Stephen Nellis

In this article

An infusion of federal pandemic relief to America's schools sparked a boom in the education technology sector, an industry where research and evidence are scarce

By Lewis Krauskopf and Naomi Rovnick

BofA analysts initiated shares of Motorola Solutions (NYSE:MSI) with a Buy rating and $330 price target in a note Monday.

Mumbai, 21/09/23 — iDigitalise, a leading technology and digital marketing solution agency, is thrilled to announce the opening of its first overseas office in the vibrant city of Tirana, Albania. This significant milestone represents a strategic move to enhance our global presence and better serve our clients in the region. The new office in Albania is a testament to iDigitalise's commitment to providing innovative and cutting-edge digital solutions to businesses worldwide.

Evercore ISI cut Splunk Inc (NASDAQ:SPLK) to an In-Line rating (From Outperform) while maintaining their 12-month price target of $157.00 on the stock to reflect the company’s pending acquisition by Cisco (NASDAQ:CSCO).

As per Nissan, conductive shavings from the drive motor's slip ring have the potential to short-circuit the two slip rings in impacted vehicles. Due to the short circuit, the inverter senses an overcurrent and reduces motor torque in accordance with fail-safe protocols. When this occurs, the vehicle may abruptly shut down, displaying an «EV System Off» notice on the dashboard, reports Electrek.

Telstra is well-placed to land up-for-grabs cybersecurity play Versent.

chipmakers, diamond processors and software-services providers. Saturday’s assault has sparked fresh concern about geopolitical risks among investors just when global financial markets were already grappling with the impact of high-interest rates and the slowdown in China’s economy. Oil surged more than 5% while US equity futures dropped in Asia trading, as the risk of the conflict escalating across the Middle East region remains acute. “The Israel-Hamas conflicts over the weekend may escalate geopolitical tensions in the Middle East region, causing risk-off trades,” Tina Teng, an analyst at CMC Markets wrote in a note. “Markets will be concerned about the rippling effects to the region.” The MSCI Asia Pacific Index treaded water as markets in Japan, South Korea and Taiwan were closed for a holiday, while trading in Hong Kong was halted due to a typhoon. Here are some global themes to watch: Technology Chip stocks from Nvidia Corp.

Mayfair 101 founder and self-styled visionary businessman James Mawhinney is facing a threat of bankruptcy over an alleged $3.5 million debt.

The big four banks have made more than 2000 workers redundant this year as they tighten their belts in response to growing cost pressures.

Intel CFO David Zinsner discussed a Windows refresh next year during a recent Citi's analyst conference, according to a report from tech publication Verge. «We actually think 2024 is going to be a pretty good year for client, in particular because of the Windows refresh,» Zinsner was quoted as saying. «We still think that the install base is pretty old, and does require a refresh. We think next year may be the start of that given the Windows catalyst.»

Sam Bankman-Fried authorized the illegal use of FTX customers’ funds and assets to plug financial gaps at an affiliated hedge fund from the exchange’s earliest days, FTX’s co-founder Gary Wang told a New York jury on Friday, as prosecutors pressed thei...

Lina Khan, in her famous Yale Law School paper of half a decade ago, sketched an argument by which Amazon is bad, never mind what existing antitrust law and precedent say. Now that she’s head of Joe Biden’s Federal Trade Commission, all the fervor is gone. Her lawsuit last week was a bureaucratically listless and perfunctory invocation of existing law and precedent against the online retailer, eliciting not a modicum of enthusiasm even from the usual antitrust cheerleaders in the media.

There may be some relief in sight for Canada’s beleaguered initial public offering market: BlackBerry Ltd.’s spinoff its Internet of Things business.