• Fri. Jun 21st ,2024

News

Jio Financial Services dives into insurance sector with innovative offerings

Jio Financial Services is reportedly set to venture into the realm of insurance, offering an array of life, general, and health insurance products.   Mukesh Ambani, the Chairman of Reliance Industries, outlined during the annual general meeting on August 28 the strategy that Jio Financial Se

Titan Global Capital to settle US SEC charges for misleading investors

Titan Global Capital Management USA LLC, a fintech investment advisor, has reportedly agreed to pay over $1 million settle the U.S. Securities and Exchange Commission (SEC) charges. The allegations include deceptive practices related to investor information and custody of clients’ cryptocurren

PayU sells GPO for $610M to focus on India's booming fintech sector

The Netherlands-based investment firm, Prosus, has reportedly announced that its fintech division, PayU, will be selling its Global Payments Organisation (GPO) business to Rapyd for $610 million in cash. According to the Chief Executive Officer of Prosus, Bob van Dijk, PayU's GPO business has

MyyShop - Fastest Growing Social Commerce Platform in China 2023

According to sources, MyyShop, an innovative social commerce platform, has gained international recognition from the esteemed World Business Outlook as the "Fastest Growing Global Social Commerce Platform - China 2023." Established in 2020, MyyShop's success can be attributed to its

Foxconn withdraws from $19.5 Bn Semiconductor JV with Vedanta in India

The Foxconn-Vedanta JV was signed last year Partnership aimed at setting up semiconductor and display fab plant in Gujarat, India Vedanta to look for other partners for the project Foxconn, a Taiwanese multinational electronics contract manufacturing company, reportedly announced on Mond

WHO & HL7 partner to boost Global Health Interoperability Standards

The World Health Organization (WHO) and Health Level Seven International (HL7®) have reportedly joined forces to emphasize the significance of interoperability standards in the realm of digital health advancement. Through a Project Collaboration Agreement, WHO and HL7 aim to promote the globa

Meta and Internet Society collaborate to strengthen local ecosystems

The Internet Society, a global nonprofit organization dedicated to fostering an open, secure, and interconnected Internet, has announced a collaboration with Meta to enhance local Internet ecosystems and strengthen cross-border interconnections worldwide. This partnership represents an expansion

Kotak gives Sula Vineyards 'Add' Rating and INR 500 Target Price

Kotak Institutional Equities has reportedly initiated coverage on Sula Vineyards Ltd, giving it an 'add' rating and setting a target price of INR 500 per share. According to the brokerage firm, the valuation is based on a projected price-to-earnings (PE) multiple of 37 times for June 2025

ShipStation Partners with Mirakl to Deliver Enhanced Shipping Processes

ShipStation, a major cloud-based e-commerce shipping system, announced its partnership with Mirakl, the top SaaS solution for scalable, profitable e-commerce growth. Apparently, ShipStation will be integrated into the Mirakl Connect network, giving merchants access to improved shipping operatio