Saturday, February 22, 2025

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IntellectAI’s Purple Fabric AI platform clinches INR 200 cr multi-year deal for transformation of underwriting operations of leading London Market Brokerage firm

IntellectAI, the Insurtech business unit of Intellect Design Arena offering artificial intelligence and data-powered underwriting solutions, announced a breakthrough agreement with London’s premier Market Insurance and...

Finmo secures US$18.5 million to revolutionize treasury management

Finmo, the pioneering all-in-one Treasury Operating System (TOS), today announced its successful oversubscribed $18.5 Million Series A funding round, bringing its total funding to...

Boubyan Bank strengthens Transaction Banking capabilities with Intellect’s eMACH.ai Wholesale Banking Platform, advancing its journey to become the Principal Bank for Kuwait’s Corporate Market

Intellect Global Transaction Banking (iGTB), the transaction banking business unit from Intellect Design Arena Ltd is proud to announce the successful second phase go-live of its eMACH.ai...

360 ONE asset to acquire 15% stake in Bharti AXA Life Insurance to drive growth and innovation

360 ONE Asset, formerly known as IIFL Asset Management Limited, is set to acquire a 15% stake in Bharti AXA Life Insurance through its...

Stock Market Update: Key Asian markets trade in green, while GIFT Nifty sees a slight decline

The Indian stock market is expected to open on a cautious note. In the previous session, the NSE Nifty 50 settled at 22,959.50, reflecting...

69% of CFOs expect higher returns from sustainability initiatives than from traditional investments – Kearney

Leading global consultancy Kearney has today released its new report, "Staying the Course: Chief Financial Officers and the Green Transition," which reveals that 69%...

Crypto

HBAR Foundation invests in Fidelity International’s USD Money Market Fund, tokenized by Archax

The HBAR Foundation today announces an investment in Archax's tokens representing Fidelity International's United States Dollar (USD) Money Market Fund (MMF) shares*. This investment follows the recent tokenization of...

Canaan Inc. achieved a remarkable 41.9% increase in Bitcoin mining output in January compared to December.

Canaan Inc.("Canaan" or the "Company"), an innovator in crypto mining, today released its unaudited bitcoin mining update for the month ending January 31, 2025. Management...

Metaplanet expands bitcoin holdings with new acquisition

Metaplanet announced on Monday that it has acquired an additional 269.43 Bitcoin, valued at approximately $26.4 million (¥4 billion). This latest purchase raises the...

Mutual Fund

IPO

IPO updateHexaware Technologies debuts on BSE & NSE with a 5% premium

Hexaware Technologies Ltd. is officially listing its shares on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) today, marking its entry...

Hexaware Technologies’ IPO set to open on February 12: A landmark moment for investors

Hexaware Technologies, a leading global IT services and consulting firm, is all set to make its debut on the stock market with its highly...

P S Raj Steels Limited IPO opens on February 12; price band fixed at ₹132-₹140

P S Raj Steels Limited, one of the leading manufacturers of stainless-steel pipes and tubes in India, announced that its initial public offering (IPO) will...

Eleganz Interiors Rs. 78 crore IPO opens on February 7; price band set at ₹123-130

Mumbai, February 4, 2025: Eleganz Interiors Limited, a leading provider of interior fit-out solutions in India, today announced its initial public offering (IPO) will...

Sector

ICRA report: Securitisation volumes estimated at about Rs. 45,000 crore for Q1 FY2025

ICRA report According to ICRA's estimates, the overall securitisation volumes, primarily originated by financial institutions, amounted to approximately Rs. 45,000 crore in Q1 FY2025. This...

Singapore’s local business sentiment continues to improve in Q3 2024: SCCB

Singapore's business news update: Singapore's business sentiment continued its upward trend for the fourth consecutive quarter in Q3, as reported by the Singapore Commercial Credit...

ECB Proactively Reduces Key Interest Rate by Quarter-Point, Leading U.S. Fed

ECB Cuts Key Interest Rate by Quarter-Point, Ahead of U.S. Fed: The European Central Bank (ECB) lowered its key interest rate by a quarter-point on...

Stock

ABB Switzerland quarterly results: Solid demand; record-high Operational EBITA margin

ABB Switzerland quarterly result Update: KEY FIGURES CHANGE CHANGE ($ millions, unless otherwise indicated) Q2 2024 Q2 2023 US$ Comparable1 H1 2024 H1 2023 US$ Comparable1 Orders 8,435 8,667 -3% 0% 17,409 18,117 -4% -2% Revenues 8,239 8,163 1% 4% 16,109 16,022 1% 3% Gross Profit 3,174 2,888 10% 6,109 5,604 9% as % of revenues 38.5% 35.4% +3.1 pts 37.9% 35.0% +2.9 pts Income from operations 1,376 1,298 6% 2,593 2,496 4% Operational EBITA1 1,564 1,425 10% 12% 3 2,981 2,702 10% 11% 3 as %...

Zomato share price update: Stock slip from 52 week high

Zomato shrare price: Zomato's share slipped from its 52-week high yesterday, and today (July 2, 2024), the stock opened 0.80 paise lower. A brokerage house...

ABB’s net-zero target approved by the science based targets initiative

ABB news update ABB welcomes the approval of its emissions reduction targets by the Science Based Targets initiative (SBTi). As part of the company’s efforts to enable...

ABB investing $35 million in new U.K. earthing and lightning protection factory

ABB Announces $35 Million Investment in Nottingham Facility for Advanced Lightning Protection Solutions Lightning strikes and electrical surges disrupt critical operations and cause billions of...

UBS unveils framework to capitalize on AI investment opportunities

UBS introduces framework to size and seize the AI investment opportunity The launch of ChatGPT marked a watershed moment for AI and its adoption, and...

Investment Idea

The HBAR Foundation today announces an investment in Archax's tokens representing Fidelity International's United States Dollar (USD) Money Market Fund (MMF) shares*. This investment follows the recent tokenization of...
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INVESTMENT PSYCHOLOGY

Hidden Christmas expenses you’re overlooking and how to manage them

Christmas brings so much joy, but those hidden costs can creep up on us! Most of us set money aside for gifts and food, but...

Exchange-Traded Funds (ETFs): A Modern Investment Tool, Unveiling the Power

ETFs In today's fast-paced world of finance, investors are constantly seeking innovative ways to diversify their portfolios, maximize returns, and manage risk. One such tool...

Retirement journey guidence: Empowering Unorganized Sector Workers on Their Positive Path to Retirement Success

Retirement Journey: A Guide for Unorganized Sector Employees Retirement Planning is a crucial aspect of financial security, yet it's often overlooked, especially among workers in...

Mutual Fund: New curiosity for changing life

Mutual Fund In the realm of personal finance, few investment vehicles offer the versatility and potential for long-term growth as mutual funds. For individuals looking...

MONEY MANAGEMENT

Hidden Christmas expenses you’re overlooking and how to manage them

Christmas brings so much joy, but those hidden costs can creep up on us! Most of us set money aside for gifts and food, but...

Exchange-Traded Funds (ETFs): A Modern Investment Tool, Unveiling the Power

ETFs In today's fast-paced world of finance, investors are constantly seeking innovative ways to diversify their portfolios, maximize returns, and manage risk. One such tool...

Retirement journey guidence: Empowering Unorganized Sector Workers on Their Positive Path to Retirement Success

Retirement Journey: A Guide for Unorganized Sector Employees Retirement Planning is a crucial aspect of financial security, yet it's often overlooked, especially among workers in...

Mutual Fund: New curiosity for changing life

Mutual Fund In the realm of personal finance, few investment vehicles offer the versatility and potential for long-term growth as mutual funds. For individuals looking...

RISK MANAGEMENT

Hidden Christmas expenses you’re overlooking and how to manage them

Christmas brings so much joy, but those hidden costs can creep up on us! Most of us set money aside for gifts and food, but...

Exchange-Traded Funds (ETFs): A Modern Investment Tool, Unveiling the Power

ETFs In today's fast-paced world of finance, investors are constantly seeking innovative ways to diversify their portfolios, maximize returns, and manage risk. One such tool...

Retirement journey guidence: Empowering Unorganized Sector Workers on Their Positive Path to Retirement Success

Retirement Journey: A Guide for Unorganized Sector Employees Retirement Planning is a crucial aspect of financial security, yet it's often overlooked, especially among workers in...

Mutual Fund: New curiosity for changing life

Mutual Fund In the realm of personal finance, few investment vehicles offer the versatility and potential for long-term growth as mutual funds. For individuals looking...
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LATEST ARTICLES

HBAR Foundation invests in Fidelity International’s USD Money Market Fund, tokenized by Archax

The HBAR Foundation today announces an investment in Archax's tokens representing Fidelity International's United States Dollar (USD) Money Market Fund (MMF) shares*. This investment follows the recent tokenization of...

Bybit FX Insight: Yen carry trade outlook for 2025 and the future of the popular funding currency

Bybit, the world's second-largest cryptocurrency exchange by trading volume, has released a new FX Insight report analyzing the evolving landscape of the Japanese yen...

Bank47 expands to Huntsville with a new brand and concierge banking

Bank47, formerly LifeSteps Bank and Trust, is proud to establish its headquarters in Huntsville, marking an exciting new chapter with a fresh brand and...

Gracie Point announces close of successful capital raise to fund continued expansion

Gracie Point Holdings, LLC ("Gracie Point"), a leading global provider of life insurance premium finance, announced today that it has closed on an equity...

IntellectAI’s Purple Fabric AI platform clinches INR 200 cr multi-year deal for transformation of underwriting operations of leading London Market Brokerage firm

IntellectAI, the Insurtech business unit of Intellect Design Arena offering artificial intelligence and data-powered underwriting solutions, announced a breakthrough agreement with London’s premier Market Insurance and...

Canaan Inc. achieved a remarkable 41.9% increase in Bitcoin mining output in January compared to December.

Canaan Inc.("Canaan" or the "Company"), an innovator in crypto mining, today released its unaudited bitcoin mining update for the month ending January 31, 2025. Management...

Metaplanet expands bitcoin holdings with new acquisition

Metaplanet announced on Monday that it has acquired an additional 269.43 Bitcoin, valued at approximately $26.4 million (¥4 billion). This latest purchase raises the...

IPO updateHexaware Technologies debuts on BSE & NSE with a 5% premium

Hexaware Technologies Ltd. is officially listing its shares on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) today, marking its entry...

KuCoin announces settlement with the DOJ, shering in a new chapter of compliance and growth

KuCoin, a global cryptocurrency exchange, has reached settlements with the U.S. Department of Justice (DOJ), marking the start of a new chapter focused on...

Finmo secures US$18.5 million to revolutionize treasury management

Finmo, the pioneering all-in-one Treasury Operating System (TOS), today announced its successful oversubscribed $18.5 Million Series A funding round, bringing its total funding to...

Most Popular

HBAR Foundation invests in Fidelity International’s USD Money Market Fund, tokenized by Archax

The HBAR Foundation today announces an investment in Archax's tokens representing Fidelity International's United States Dollar (USD) Money Market Fund (MMF) shares*. This investment follows the recent tokenization of...

Bybit FX Insight: Yen carry trade outlook for 2025 and the future of the popular funding currency

Bybit, the world's second-largest cryptocurrency exchange by trading volume, has released a new FX Insight report analyzing the evolving landscape of the Japanese yen...

Bank47 expands to Huntsville with a new brand and concierge banking

Bank47, formerly LifeSteps Bank and Trust, is proud to establish its headquarters in Huntsville, marking an exciting new chapter with a fresh brand and...

Gracie Point announces close of successful capital raise to fund continued expansion

Gracie Point Holdings, LLC ("Gracie Point"), a leading global provider of life insurance premium finance, announced today that it has closed on an equity...