Clink Audio Teases Upcoming Noise-Cancelling Earphones
SMEStreet
by SMEStreet Edit Desk
14h ago
Clink Audio is set to disrupt India's consumer electronics scene with a groundbreaking entry into the hearable and wearable technology market. Through a series of enticing posts, the company has been building excitement around its upcoming product launch, hinting at a game-changing addition to the audio industry. Their Social Media teases about the upcoming launch that seems poised to set new standards in the audio segment with its signature new technology. Hinting at noise-cancellation capabilities that promise a truly immersive audio experience like never before. By using hashtags like #Ins ..read more
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Indian Energy Exchange IEX Reports 21.1% Volume Growth in Q1 FY’25
SMEStreet
by SMEStreet Edit Desk
16h ago
Key highlights of the unaudited consolidated financial results for the first quarter ending June 30, 2024, as declared by the Company on 24 July 2024, are listed below: ·         Total volumes in Q1FY’25 at 30.4 BUs, increased 21.1% from 25.1 BUs in Q1FY’24. ·         Consolidated Revenue in Q1 FY’25 at Rs 154.5 Cr, increased 21.3% from Rs 127.4 Cr in Q1 FY’24. ·         Consolidated Profit After Tax in Q1 FY’25 at Rs 96.4 Cr, increased 27.2% from Rs 75.8 Cr i ..read more
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SAP Launches Sustainability Data Exchange for India’s Supply Chains
SMEStreet
by SMEStreet Edit Desk
16h ago
In recent years, India has solidified its position as an emerging global economic power, thanks to a burgeoning consumer market and demands to de-risk global supply chains. Digital technology is vital to enable efficient, reliable, and sustainable supply chains and is core to India’s ambitions to increase its participation in global value chains from the current level of ~40% to ~50%. In line with this, the SAP Sustainability Data Exchange solution, is designed to securely exchange standardized sustainability data, including product footprints, along the value chain. The solution al ..read more
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Riveron Acquires Yantra to Expand Technology and Advisory Services
SMEStreet
by SMEStreet Edit Desk
16h ago
 Riveron, a business advisory firm backed by Kohlberg & Company, announced today its acquisition of Yantra, a technology and advisory services provider with a broad range of expertise to address the pressing needs of technology-enabled CFOs. The acquisition makes Riveron one of the largest NetSuite Alliance Partners globally, offering clients holistic solutions to enhance value. Yantra also brings significant expertise in data science and analytics, Artificial Intelligence (AI), Robotic Process Automation (RPA), and platform integrations. Mr. Sam Shaw, CEO of Riveron, highlighte ..read more
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JNPA Project to Enhance Agricultural Exports and Imports
SMEStreet
by SMEStreet Edit Desk
16h ago
In a significant move to bolster India's agricultural export and import capabilities, the Union Minister for Ports, Shipping, and Waterways Shri Sarbananda Sonowal approves the Jawaharlal Nehru Port Authority (JNPA)'s project of ‘Development of Export-Import cum Domestic Agricultural Commodity-Based Processing & Storage Facility at JNPA on PPP Mode’ worth Rs. 284.19 Crore. The JNPA is set to establish an all-in-one state-of-the-art agricultural facility at the port, spanning 67,422 square meters. This pioneering facility will address inefficiencies in logistics, reduce multiple handlings ..read more
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Airtel Africa Revenue Grows 19% in Constant Currency
SMEStreet
by SMEStreet Edit Desk
16h ago
Operating highlights  • Total customer base grew by 8.6% to 155.4 million. Data customer penetration continues to rise, driving a 13.4%  increase in data customers to 64.4 million. Data usage per customer increased by 25.1% to 6.2 GBs, with smartphone penetration increasing 4.7% to reach 41.7%.   • Mobile money subscriber growth of 14.9% reflects our continued investment into distribution to support increased  financial inclusion across our markets. Transaction value increased by 28.7% in constant currency with annualised transaction value of $120bn in reported currenc ..read more
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Texmaco Acquires Jindal Rail Infrastructure for Rs 615 Crore
SMEStreet
by SMEStreet Edit Desk
16h ago
Texmaco Rail & Engineering Limited has announced the acquisition of 100% shareholding of Jindal Rail Infrastructure Limited in a strategic move to expand its rolling stock business. Equity valued at (approx.) Rs 615 crore, the acquisition is the largest in the history of India’s rolling stock industry, and will significantly ramp up Texmaco’s manufacturing capacity, making Texmaco the largest producer of wagons in India. This acquisition arrives at an opportune moment given the surge in growth in India’s wagons industry, supplemented by the Government of India’s policy for dedicated ..read more
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EBC Financial Group Concludes CFD Trading Event with Joe DiNapoli
SMEStreet
by SMEStreet Edit Desk
16h ago
EBC Financial Group (EBC) is pleased to announce the successful conclusion of its event, "Revolutionising CFD Trading with DiNapoli’s Leading Indicators." Distributed globally on 22 July, this event marked a significant milestone in the world of CFD trading, featuring a signing ceremony with renowned trader and author, Joe DiNapoli, and was attended by a distinguished audience of international and local media, KOLs, VIP clientele, industry specialists, and business leaders. The event highlighted the strategic partnership between EBC Financial Group and DiNapoli’s leading indicators, integrati ..read more
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Mool Integrates AI to Simplify Financial Management
SMEStreet
by SMEStreet Edit Desk
16h ago
Mool, a financial technology company, has recently launched its AI-powered financial advisor subscription service to transform the dynamics of smart investing. Leveraging the power of Gen AI capabilities and simplifying interface, the Mool’s affordable app embedded with an extensive array of features is designed to streamline and enhance financial management. Fintech companies are striving to catalyse innovation in the field of investing, as the recent KPMG survey statistics state that 84% of financial service leaders have already adopted AI within their organisation. Against this backdrop, M ..read more
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CrowdStrike Update Triggers BSOD Issue Affecting Airlines and Banks
SMEStreet
by SMEStreet Edit Desk
19h ago
Millions of Windows users worldwide are currently facing the Blue Screen of Death (BSOD) issue, causing system shutdowns or restarts. This problem has been linked to a recent CrowdStrike update, impacting various organizations, financial institutions, and government agencies globally. Notably, several Indian airlines have reported disruptions, informing passengers about the issue on X (formerly Twitter). Understanding Blue Screen of Death (BSOD): BSOD errors, also known as STOP code errors, occur due to critical issues forcing Windows to shut down or restart. These errors can be triggere ..read more
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