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Tag: Finance
About 20% of the employees of massive NFT marketplace OpenSea are laid go-thumnail

About 20% of the employees of massive NFT marketplace OpenSea are laid go

Reduced NFT sales and more competition are forcing OpenSea to make changes. Devin Finzer, co-founder and CEO of OpenSea, announced this afternoon that the NFT marketplace is letting go of

BFSI

Jul 16, 2022

Crypto lender Celsius declares bankruptcy; owes customers $4.7 billion-thumnail

Crypto lender Celsius declares bankruptcy; owes customers $4.7 billion

According to a bankruptcy filing and a recent Financial Times investigation, Celsius, the cryptocurrency trading platform that stopped all withdrawals a month ago and filed for bankruptcy yesterday, has a

Finance

Jul 16, 2022

SBI raises interest rate on deposits with 1-2 years tenure to 5.25%-thumnail

SBI raises interest rate on deposits with 1-2 years tenure to 5.25%

The interest rates are raised on deposits with tenure between 1 year and less than 2 years, as per information on the lender’s website. State Bank of India (SBI) on

Finance

Jul 16, 2022

ED summons NSE’s ex-CEO & MD Chitra Ramkrishnan to confront former Mumbai top cop in illegal phone tapping case-thumnail

ED summons NSE’s ex-CEO & MD Chitra Ramkrishnan to confront former Mumbai top cop in illegal phone tapping case

On Thursday, the ED got a four-day custodial remand of NSE’s former CEO and MD Chitra Ramkrishna. The ED wants to confront Ramkrishna with Pandey, and record the statements. The

Industry

Jul 15, 2022

Right to Repair: Government to make it mandatory for companies to share product details to ease repair-thumnail

Right to Repair: Government to make it mandatory for companies to share product details to ease repair

The rationale behind the ‘Right to Repair’ is that when customers buy a product, it is inherent that they must own it completely “for which the consumers should be able

Industry

Jul 15, 2022

What investing alternatives are available to a new employee?-thumnail

What investing alternatives are available to a new employee?

Starting to invest and save with your first paycheck is a great idea, and if you can reduce your taxes as a result, that is an added bonus. Starting to

Finance

Jul 15, 2022

OneCard’s parent firm FPL technologies raises $102 million in series D round-thumnail

OneCard’s parent firm FPL technologies raises $102 million in series D round

It offers co-branded credit cards with banks and issues them only to customers with credit history and a good score, which it tracks through its other product OneScore, a credit

Enterprise Service

Jul 14, 2022

Bill gates to donate $20 billion to Bill & Melinda Gates Foundation-thumnail

Bill gates to donate $20 billion to Bill & Melinda Gates Foundation

Gates pointed toward the ongoing Covid-19 pandemic, setbacks in gender equality and women’s health, climate change and Russia’s war on Ukraine as some of the major issues currently facing the

Industry

Jul 14, 2022

DAO service provider DaoLens raises a undisclosed amount from CoinDCX cofounder & Nazar technologies Ceo-thumnail

DAO service provider DaoLens raises a undisclosed amount from CoinDCX cofounder & Nazar technologies Ceo

Founded by Vikram Aditya and Apoorv Nandan in January, DaoLens is a Web3 startup eyeing to simplify how DAOs function through a suite of tools aimed at facilitating the discovery,

Finance

Jul 14, 2022

HDFC Ltd to raise Rs. 5000 crores through bonds.-thumnail

HDFC Ltd to raise Rs. 5000 crores through bonds.

The proceeds of the present issue would be utilised for financing/refinancing the housing finance business requirements of the Corporation,” HDFC said. Mortgage major HDFC Ltd will launch an issue of

Finance

Jul 14, 2022

Atul Singh is appointed by Raymond as Executive Vice Chairman-thumnail

Atul Singh is appointed by Raymond as Executive Vice Chairman

A flurry of new hires has recently been announced by Raymond. Sunil Kataria of Godrej Consumer Products Limited joined Raymond as the company’s chief executive officer of its lifestyle business

Industry

Jul 13, 2022

Plug and play model startup Wheelocity raises $12mn in funding-thumnail

Plug and play model startup Wheelocity raises $12mn in funding

The company said it can enable its customers to launch in new cities in less than a week through the help of its integrated network of collection centres, fulfilment and

Investment & Funding

Jul 13, 2022


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