SUMMARY Go Digit has been fined INR 5,000 each by NSE and BSE for filing information pertaining to related party transactions in “XBRL” format a day late While the company did file its financial results and RPT data within 30 minutes of board meeting on October 24, XBRL submission of the RPTs was done the next day Shares of Go Digit General Insurance closed Friday’s trading session 1.9% lower at INR 324.50 on the BSE Insurtech major Go Digit General Insurance has been fined by stock exchanges NSE and BSE for delays in furnishing certain data in a specified format. …
Author: DF Manager
The Supreme Court on Friday refused to transfer 24 petitions related to alleged anti-competitive practices by Amazon and Walmart’s Flipkart ecommerce platforms to itself or the Delhi High Court, but asked Attorney General R Venkatramani to take instructions by Monday from the Competition Commission of India (CCI) for transferring all cases to the Karnataka High Court’s single judge bench.A bench comprising Justices Abhay Oka and Pankaj Mithal said that the anti-trust body could not be given special treatment by directing the petitions to be heard directly by the division bench of the Karnataka HC instead of first having the benefit…
Reliance Industries, through its subsidiary Reliance Finance and Investments USA LLC, acquired a 21% stake in Wavetech Helium Inc. The deal, valued at $12 million, was formalized on November 27, 2024. Founded in July 2021, Wavetech Helium is a helium gas exploration and production company based in the United States. Helium is used in various applications, including medical, scientific research, aerospace, electronics, and fiber optics. Given the expected growth in Al and data centers, helium demand for semiconductor manufacturing is also anticipated to rise. Wavetech started its commercial operations in fiscal year 2024. Helium produced by Wavetech Helium is used…
Netrasemi is building system-on-chips (SOC) to enable the new-age need for optimal computing for smart IoT productsThe company is bringing a family of AI/ML capable SOCs and reference designs for solving 100+ AI/ML use cases making edge AI product development Efficient, Simple and EconomicalThe company has started generating strong revenue growth & profits of ~$ 0.75 M from chip design and porting service for strategy partners, which will grow further in FY25 to 150% with IP revenue, and will grow exponentially starting FY27 once volume production of chips starts.In the last 12 months, the company has been receiving encouraging responses…
Microsoft is adding AI-powered text editing to Notepad, the stripped-down text editor originally introduced in 1983. The feature, called Rewrite, is rolling out in preview to Windows Insiders and will let you use AI to “rephrase sentences, adjust tone, and modify the length of your content,” according to the Windows Insider Blog.If you’re a Windows Insider with early access to the feature, you can try it by highlighting the text you want to adjust in Notepad, right-clicking it, and choosing Rewrite. Notepad will then display a dialogue box where you can decide how they want to change their text —…
Elon Musk has once again rewritten the record books, becoming the first person in history to achieve a net worth exceeding $400 billion. With a fortune that now stands at $439.2 billion, the billionaire entrepreneur, inventor, and political influencer has solidified his position as the wealthiest individual on the planet. Musk’s recent surge in net worth is attributed to several key developments, including an insider share sale of his privately held space exploration company, SpaceX. The deal alone boosted his fortune by an extraordinary $50 billion. According to the *Bloomberg Billionaires Index*, SpaceX’s valuation of approximately $350 billion makes it…
BENGALURU/ABU DHABI: EsportsXO, an esports tournament management firm, on Thursday, announced a strategic partnership with Abu Dhabi Gaming, as part of its expansion into the MENA region. XO will establish its regional headquarter in Abu Dhabi. This collaboration is aimed at fostering the growth of Abu Dhabi’s local gaming ecosystem and will enable both companies to seize the emerging opportunities in this growing sector.With a projected valuation of $397.21 billion by 2029, the global gaming industry is on a sturdy growth track and the MENA region is rapidly emerging as one of its largest markets. By setting up its regional…
Did you know that 40% of consumers start their holiday shopping before Halloween? Yet most businesses wait until November to launch their holiday campaigns. We’ve all been there – scrambling to put together last-minute holiday promotions while our competitors seem to have everything perfectly planned. But here’s the truth: successful holiday marketing campaigns aren’t about luck – they’re about strategy and timing. Our email marketing strategy needs to be particularly sharp during the holiday season. With inbox competition at its peak and consumer attention spans at their lowest, standing out requires more than just festive subject lines and discount…
Bengaluru-based crypto investment platform BitSave has raised an undisclosed amount in a pre-Series A funding round led by Leo Capital, a Singapore-based venture capital firm. The startup plans to use the funds to acquire licenses, enhance product offerings, and expand brand awareness. What does BitSave do? Founded in 2022 by Zakhil Suresh, Sajal Sharma, Asif Kattakath, and Vishnu Karthikeyan, BitSave targets working professionals and high-net-worth individuals (HNIs) seeking simplified, passive, long-term investment opportunities in the volatile crypto market. The platform currently supports 520 active users and manages assets worth $450,000, with plans to expand into other Asian markets by 2025.…