Page 244 - Data Science News Today

Despite regulatory challenges imposing higher governance costs, procedural delays and hurdles in establishing partnerships with banks for fintech firms, such actions serve as a runway for them to build a scalable platform in the long run, said senior partners at early-stage venture capital investor firm Elevation Capital.

Investors demand ouster of Byju Raveendran and family, accuse management of non-compliance, misinformation, and withholding information. They seek details on AESL acquisition, loan terms, investigations, audits, and board restructuring for improved oversight and governance.

The Ravi Adusumalli-led funds 15% stake in One 97, which was valued at about Rs 6,100 crore when the post-IPO lock-in expired in November 2022, had shrunk by nearly 40% to Rs 3,800 crore at the end of trading on Thursday.

Hiring intent for freshers has increased in HY1 2024. Industries with highest intent are e-commerce & technology startups, engineering & infrastructure, and telecommunications. Bangalore leads in hiring intent.

The National Commission for Protection of Child Rights has raised concerns with the ministry of electronics and information technology regarding the lack of KYC norms for gambling platforms, resulting in the unlawful participation of children. The commission has requested a detailed report on the gambling apps and websites in India within 10 days.

The CyberSchool Africa through its Innovation Development and Effectiveness in Acquisition of Skills (IDEAS) Technology Skills Scholarship 2024, is set to

“We are at least two years from an IPO... Before that we want other parts of our business to break even and be profitable on all fronts. Our (online) payments business is break-even,” said cofounder & chief executive Harshil Mathur.

That Japan turned to TSMC for help on an industry it once dominated reflects the Taiwan chipmakers dominant position in the foundry business and Tokyos heightened concern over Chinas growing prowess in a wide swathe of technology.

Spot bitcoin ETFs could offer investors looking to hedge against inflation an alternative to gold. ETFs track an index, commodities, bonds or a basket of assets like an index fund.

FOIP raised investment through set of HNI investors in block deal for their office space comprising of 18,000 sqft area.