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Barclays Sued by Investors Over Multibillion Securities Blunder-thumnail

Barclays Sued by Investors Over Multibillion Securities Blunder

Barclays Plc was prosecuted by shareholders who acknowledge and withstood their substantial losses after the British lender disclosed paperwork errors. The complaint cited Nigel Higgins, chairman of Barclays, saying that

Investment & Funding

Sep 24, 2022

Indians might spend $32 billion on commodities during this festive season-thumnail

Indians might spend $32 billion on commodities during this festive season

Indian consumers will mostly use up their money on Diwali supplies, groceries and home renovation items. Spending money in the festival season in 2022 could hit $32 billion as Indian

Finance

Sep 23, 2022

Kharif 2022 first progress measure, 149.92 million tonnes of food grain output valued-thumnail

Kharif 2022 first progress measure, 149.92 million tonnes of food grain output valued

The total foodgrain production for the Kharif season 2022-23 is estimated to be 149.92 million tonnes, which is higher by 6.98 million tonnes. The Ministry of Agriculture and Farmers Welfare

Industry

Sep 23, 2022

<strong>With “UPI Lite,” you can make payments without needing your UPI pin and check your perks, eligibility, and other information.</strong>-thumnail

With “UPI Lite,” you can make payments without needing your UPI pin and check your perks, eligibility, and other information.

On-device wallets can be used to conduct small transactions up to Rs 200 when UPI Lite is enabled on the BHIM App. A maximum of Rs 2000 can be added

Digital Transformation

Sep 23, 2022

<strong>Instagram is down globally, and users are complaining and posting jokes on Twitter</strong>-thumnail

Instagram is down globally, and users are complaining and posting jokes on Twitter

Twitterati reported that the social networking site “Instagram” was unavailable to thousands of users worldwide. Twitterati reported that the social networking site “Instagram” was unavailable to thousands of users worldwide.

Industry

Sep 23, 2022

<strong>Swiggy and Zomato are among the top 10 international online food delivery companies mentioned in the report</strong>-thumnail

Swiggy and Zomato are among the top 10 international online food delivery companies mentioned in the report

Swiggy and Zomato were ranked ninth and tenth, respectively, by the international research company ETC Group, which has its headquarters in Canada. According to recent research, domestic online meal delivery

Industry

Sep 23, 2022

Payment platform  PayU successfully tokenizes 50 million cards-thumnail

Payment platform  PayU successfully tokenizes 50 million cards

Last year, RBI mandated entities other than card networks and card issuers to not store debit or credit card data with them. The due date of tokenization is set on

Digital Transformation

Sep 22, 2022

Manesh Mahatme the head of Whatsapp payment India quits after 18 months-thumnail

Manesh Mahatme the head of Whatsapp payment India quits after 18 months

Despite dominating the messaging space in India, Mahatme’s resignation comes at a time when WhatsApp’s mobile payments business has failed to take off in a significant way. With over 500

News

Sep 22, 2022

CCI approves the merger of Jio Cinema and Viacom 18 platforms-thumnail

CCI approves the merger of Jio Cinema and Viacom 18 platforms

This approval by the watchdog follows an investment by BTS Investment 1 Pte. Ltd. (BTS1) and Reliance Projects and Property Management Services Limited (RPPMSL). The Competition Commission of India (CCI)

Enterprise Service

Sep 22, 2022

US central bank raises interest rates by 75 bps; a look at key takeaways-thumnail

US central bank raises interest rates by 75 bps; a look at key takeaways

Officials forecast that rates would reach 4.4% by the end of 2022 and 4.6% in the next year, a more hawkish shift in their so-called dot plot than expected. That

Finance

Sep 22, 2022

Zetwerk, a unicorn company in manufacturing services, reports a six-fold increase in FY22 revenues to Rs 4,961 crore-thumnail

Zetwerk, a unicorn company in manufacturing services, reports a six-fold increase in FY22 revenues to Rs 4,961 crore

When non-cash expenses for the employee stock ownership plan (ESOP) are taken into account, the company’s overall losses remain essentially identical at Rs 42 crore. In its FY22 audited results

Industry

Sep 22, 2022

China’s enormous policy bank to improve infrastructure loans to regional govt-thumnail

China’s enormous policy bank to improve infrastructure loans to regional govt

The China Development Bank will improve the number of infrastructure loans it gives to regional governments. It comes after China’s cabinet was quoted as announcing in August it would take

Finance

Sep 22, 2022


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