Financial Services

The National Financial Reporting Authority (NFRA) has held the joint auditor of Reliance Capital guilty of professional misconduct for deliberately overlooking the Price Waterhouse (PW) report of suspected fraud regarding loans and investments.

OpenAI CEO Sam Altman has hosted hundreds of Fortune 500 company executives where he and other OpenAI executives pitched AI services for corporate use, going head to head in some cases with financial backer Microsoft, attendees told Reuters.

OpenAI Chief Executive Sam Altman has hosted hundreds of Fortune 500 company executives in San Francisco, New York and London this month where he and other OpenAI executives pitched AI services for corporate use, going head-to-head in some cases with financial backer Microsoft, attendees told Reuters.

Yahoo said on Tuesday it had acquired Instagram co-founders' AI-driven news platform, Artifact, and will incorporate its technology across the US web services provider's news and other sites.

Samsung is trying to enter the commercial banking space with a new super app, as per a report. The South Korean tech giant already has a financial services app called Momino, but now it reportedly wants to upgrade it and turn it into a super app, of the likes of WeChat. If the information is to be believed, this will also mark the entry of the tech...

Life Insurance Corporation of India (LIC) on Tuesday said tax authorities have slapped a demand notice of about Rs 178 crore on it for short payment of Goods and Services Tax (GST) for two financial years.

India and Mauritius on Wednesday signed four agreements in areas like financial services and double taxation avoidance to impart further momentum to the "robust" bilateral partnership.

Warner Bros. Games remains undeterred by the sub-par financial and critical performance of Suicide Squad: Kill the Justice League and plans to further lean into the live service model for its games going forward. J.B. Perrette, CEO and President, Global Streaming and Games at Warner Bros. Discovery, laid out the company’s games strategy at a rece...

Hanooman, a series of language models focused towards the Indian demographic was unveiled on Wednesday, February 21, as per a report. The AI model was reportedly showcased at a recent technology event in Mumbai. It supports 11 Indian regional languages and will operate in the fields of healthcare, governance, financial services, and education.

Jio Financial Services Ltd has denied that it had not been in talks with Paytm to buy its wallet business amid a crackdown by the Reserve Bank of India (RBI) over violation of norms.

Motilal Oswal, Managing Director and Chief Executive Officer (CEO) of Motilal Oswal Financial Services, recently announced his decision to forego foreign luxury items such as cars and watches in favour of embracing India-made products.

Ahead of the Union Budget 2024, experts and analysts have come up with different predictions on the government's move on fiscal deficit, taxation and the spending on welfare schemes. As several global financial services firms have predicted

The Financial Services Commission (FSC) of South Korea is proposing to ban the purchase of cryptocurrencies via credit cards. For now, the regulator has opened the topic for public feedback up until February 13. After review of this feedback, a concrete decision on the subject is likely to be finalised in the first half of 2024.

The overall crypto market cap dropped by 4.91 percent in the last 24 hours. BTC and ETH recorded losses on Thursday, January 4 after a report by crypto financial services firm Matrixport anticipated the rejection of Bitcoin spot EFT proposals by the SEC in the US.

As part of compliance action against the offshore entities, Financial Intelligence Unit India (FIU IND) has issued show cause notices to nine offshore Virtual Digital Assets Service Providers (VDA SPs) under Section 13 of the Prevention of Money Laundering Act (PMLA).

The National Financial Reporting Authority (NFRA) has held the joint auditor of Reliance Capital guilty of professional misconduct for deliberately overlooking the Price Waterhouse (PW) report of suspected fraud regarding loans and investments.

OpenAI CEO Sam Altman has hosted hundreds of Fortune 500 company executives where he and other OpenAI executives pitched AI services for corporate use, going head to head in some cases with financial backer Microsoft, attendees told Reuters.

OpenAI Chief Executive Sam Altman has hosted hundreds of Fortune 500 company executives in San Francisco, New York and London this month where he and other OpenAI executives pitched AI services for corporate use, going head-to-head in some cases with financial backer Microsoft, attendees told Reuters.

Yahoo said on Tuesday it had acquired Instagram co-founders' AI-driven news platform, Artifact, and will incorporate its technology across the US web services provider's news and other sites.

Samsung is trying to enter the commercial banking space with a new super app, as per a report. The South Korean tech giant already has a financial services app called Momino, but now it reportedly wants to upgrade it and turn it into a super app, of the likes of WeChat. If the information is to be believed, this will also mark the entry of the tech...

Life Insurance Corporation of India (LIC) on Tuesday said tax authorities have slapped a demand notice of about Rs 178 crore on it for short payment of Goods and Services Tax (GST) for two financial years.

India and Mauritius on Wednesday signed four agreements in areas like financial services and double taxation avoidance to impart further momentum to the "robust" bilateral partnership.

Warner Bros. Games remains undeterred by the sub-par financial and critical performance of Suicide Squad: Kill the Justice League and plans to further lean into the live service model for its games going forward. J.B. Perrette, CEO and President, Global Streaming and Games at Warner Bros. Discovery, laid out the company’s games strategy at a rece...

Hanooman, a series of language models focused towards the Indian demographic was unveiled on Wednesday, February 21, as per a report. The AI model was reportedly showcased at a recent technology event in Mumbai. It supports 11 Indian regional languages and will operate in the fields of healthcare, governance, financial services, and education.

Jio Financial Services Ltd has denied that it had not been in talks with Paytm to buy its wallet business amid a crackdown by the Reserve Bank of India (RBI) over violation of norms.

Motilal Oswal, Managing Director and Chief Executive Officer (CEO) of Motilal Oswal Financial Services, recently announced his decision to forego foreign luxury items such as cars and watches in favour of embracing India-made products.

Ahead of the Union Budget 2024, experts and analysts have come up with different predictions on the government's move on fiscal deficit, taxation and the spending on welfare schemes. As several global financial services firms have predicted

The Financial Services Commission (FSC) of South Korea is proposing to ban the purchase of cryptocurrencies via credit cards. For now, the regulator has opened the topic for public feedback up until February 13. After review of this feedback, a concrete decision on the subject is likely to be finalised in the first half of 2024.

The overall crypto market cap dropped by 4.91 percent in the last 24 hours. BTC and ETH recorded losses on Thursday, January 4 after a report by crypto financial services firm Matrixport anticipated the rejection of Bitcoin spot EFT proposals by the SEC in the US.

As part of compliance action against the offshore entities, Financial Intelligence Unit India (FIU IND) has issued show cause notices to nine offshore Virtual Digital Assets Service Providers (VDA SPs) under Section 13 of the Prevention of Money Laundering Act (PMLA).