The growth in revenues largely came from its existing merchants and payment processing stack Wibmo, as new merchant signups continued to be paused for the Indian entity after a Reserve Bank of India (RBI) order.

Six persons, including a 47-year-old woman, were injured in the incident. All of them were admitted to the nearby Shatabdi Hospital. They are being treated at the Out-patient Department (OPD) of the hospital and their condition is stable.

　　Generative AI: Adobe's Finance Organization Embraces Innovation 　　Introduction　　Adobe, a leading software company, is charging full steam ahead towards a future powered by generative AI products, with finance playing a pivotal role in this transformative journey. Dan Durn, CFO and EVP of finance, technology services, and operations at Adobe, emphasizes the significance of the finance organization's involvement in strategic discussions, understanding...

　　Former Citibank Analyst's Unfair Dismissal Claim Rejected 　　Employee Lied About Food Expenses　　A former Citibank analyst, Szabolcs Fekete, has lost his claim of unfair dismissal after a tribunal discovered he had lied about buying food for his partner and charging it to his employer. 　　Fekete, who was a senior analyst, claimed he had been both wrongfully and unfairly dismissed by Citibank....

01:32 PM EST, 01/10/2025 (MT Newswires) -- Financial stocks were falling in Friday afternoon trading, with the NYSE Financial Index dropping 2.2% and the Financial Select Sector SPDR Fund (XLF) down 2.1% recently. The Philadelphia Housing Index was shedding 1.8%, and the Real Estate Select Sector SPDR Fund (XLRE) was retreating 2%. Bitcoin (BTC-USD) rose 3% to $95,315, and the...

01:35 PM EST, 01/10/2025 (MT Newswires) -- Tech stocks dropped Friday afternoon with the Technology Select Sector SPDR Fund (XLK) falling 1.7% and the SPDR S&P Semiconductor ETF (XSD) slipping 1.9%. The Philadelphia Semiconductor index fell 2%. In corporate news, Synopsys ( SNPS ) won approval from the European Commission for its $35 billion acquisition of Ansys ( ANSS )...

01:15 PM EST, 01/10/2025 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded fund IWM and IVV were lower. Actively traded Invesco QQQ Trust (QQQ) fell 1.6%. US equity indexes dropped in midday trading Friday as a beat on nonfarm payrolls and rising inflation expectations sent government bond yields higher. Energy iShares US Energy ETF (IYE) and Energy Select Sector SPDR...

01:28 PM EST, 01/10/2025 (MT Newswires) -- Energy stocks were higher Friday afternoon, with the NYSE Energy Sector Index up 0.4% and the Energy Select Sector SPDR Fund (XLE) rising 0.6%. The Philadelphia Oil Service Sector index was adding 0.3%, and the Dow Jones US Utilities index was shedding 0.2%. In sector news, the US plans to sanction 180 tankers,...

Karnataka Chief Minister Siddaramaiah, this policy revision reflects the Karnataka government's commitment to staying ahead of all and fostering growth in this critical sector.

According to Google, the use of artificial intelligence (AI) by developers to build and offer enhanced user experiences emerged as one of the top innovation trends in apps and games. Several of the local developers on the list have even integrated AI into their offerings.

Over two decades, Google said that it has employed machine learning and AI to enhance products, focusing on language translations, flood forecasts, and agricultural productivity in India.

The initiative, conducted in collaboration with IIT Bombay and the Department of Consumer Affairs (DoCA), aims to assess the application of large language models (LLM) in enhancing the efficiency of India's consumer grievance redressal system.

A fire that broke out at the waste treatment plant in Kochi on March 2, 2023, continues to spread toxic fumes even after 11 days of the incident. The Kerala government has said that 95 percent of the fire has been extinguished, but the smoke from the landfill has not entirely subsided. 

The probe pertains to Dapoli resort, which is allegedly illegal. The former minister and Shiv Sena (Uddhav) leader, Anil Parab, allegedly wangled a permit to use land meant for agricultural use. The ED had started the investigation under the the Prevention of Money Laundering Act (PMLA) after a complaint from the Environment Ministry.

Accusing Kejriwal of being busy with election campaigning in poll-bound states and waking up to the situation late, Minister of State for Consumer Affairs, Food, and Public Distribution, Ashwini Kumar Choubey, said that the Centre had held a meeting with Chief Secretaries and senior officials from four North Indian states on 20th October to discuss measures to reduce air pollution, which he claims weren't adopted by the AAP-led governments.

On Tuesday, the Gehlot government invited bids for both projects to build the dams within the next four years. The chief minister had announced both projects in last year’s budget.

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

(Reuters) -Bluebird bio and Carlyle Group ( CG ) and SK Capital Partners said on Wednesday that the private equity firms have offered $5 per share upfront to takeover the gene therapy maker. Shareholders may elect to receive either the new offer or the previous offer of $3 per share, with an additional $6.84 contingent upon bluebird achieving certain sales...

08:51 AM EDT, 05/14/2025 (MT Newswires) -- MP Materials ( MP ) has signed an agreement with Saudi Arabian Mining, or Maaden, to collaborate on the establishment of an end-to-end rare earth supply chain, Maaden said Wednesday. The collaboration aims to develop potential rare earth elements deposits in Saudi Arabia and jointly develop a vertically integrated rare earth supply chain,...

CHICAGO, May 14 (Reuters) - U.S. cattle producers have started rebuilding the nation's herd or are close to doing so, Tyson Foods ( TSN ) CEO Donnie King said at an investor event on Wednesday, after supplies dwindled to their lowest level in decades. Producers increasingly sent cattle to slaughter, instead of keeping them to reproduce, in recent years as...

It hasnt been a particularly fun week in the cryptocurrency industry as the majority of the market is trading in the red. The losses are mostly tolerable, although some altcoins definitely feel the pressure. But lets start with Bitcoin, as always. The primary cryptocurrency saw a week full of volatility. During the weekend, it increased above $101,000 but as soon...

Chainlink (LINK) has recently surpassed the $29 mark for the first time in 37 months. Over the past week, the native token of the decentralized oracle network posted a 21% gain. As a result, LINK has emerged as one of the best-performing altcoins in recent weeks. Whale and Shark Gobble Up LINK The surge is largely fueled by a significant...

Congressman French Hill has been appointed as the next chair of the House Financial Services Committee. He will succeed North Carolina’s Patrick McHenry, who is retiring after a 20-year stint in Congress, including multiple terms leading Republicans on the board. Hill’s Vision The Arkansas Republican announced the news on December 13 via X: “I am humbled that my colleagues have...

Hunter Horsley, CEO of Bitwise, announced that a Spanish bank has allocated 2% of its holdings to the Bitwise Aptos staking ETP. In a tweet, Horsley stated that the adoption of cryptocurrencies is accelerating as traditional financial institutions integrate more crypto-savvy investors. He noted that the investment, made through one of the banks funds, marks a significant step toward mainstream...