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Paytm crisis: FM Nirmala Sitharaman asks RBI, fintechs to hold monthly meetings in wake of Paytm crisis

Finance Minister Nirmala Sitharaman has asked regulators to hold monthly meetings with startups and fintech firms to address their issues and concerns while emphasising strict regulatory compliance.Sitharaman met startup and fintech stakeholders on Monday along with senior government officials.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteMITMIT Technology Leadership and InnovationVisitIndian School of BusinessISB Product ManagementVisitIIM LucknowIIML Executive Programme in FinTech,…

Embattled Paytm’s Vijay Shekhar Sharma steps down from payments bank board in wake of RBI crackdown

Indian digital payments firm Paytm said on Monday Vijay Shekhar Sharma would step down as non-executive chairman and board member of its payments bank's unit, as the embattled company overhauls its board in the wake of a central bank clampdown.Paytm likely to partner with four banks for enabling UPI transactions, sources sayTroubledPaytm is likely to partner with Axis Bank, HDFC Bank, State Bank of India and Yes Bank for processing transactions via the popular unified payments interface (UPI), two sources aware of the…

Birth Control Targeted by Right-Wing Influencers in Wake of IVF Ruling

When the Supreme Court overturned Roe v. Wade in June of 2022 — destroying the constitutional right to abortion access — conservative Justice Clarence Thomas wrote in his concurring opinion that the court should also reconsider previous rulings that established the right to contraception. Less than a month later, all but 10 House Republicans voted against a proposed bill that would have enshrined access to birth control into law. Senate Republicans didn’t support the legislation, either. If it wasn’t clear then that…

EV boat maker Arc debuts a premium wake sport model for $258,000

Arc Boat Company's fully electric Arc Sport model gets four to six hours of typical use on a single charge.Arc Boat CompanyArc Boat Company began sales of its second electric boat model in just three years this week. The new $258,000 Arc Sport was designed for wake sports enthusiasts and follows the company's earlier Arc One, a limited-edition luxury cruiser.While the startup produced fewer than two dozen of those earlier boats, it is gearing up for continuous production of the new model, which it unveiled on Tuesday.The…

Meet the Arc Sport – an electric wake boat with twice the torque

Young and budding electric boat developer, Arc Boat Company, has just unveiled its second model – a mass-market electric wake boat called the Arc Sport. With a massive battery and no shortage of horsepower, Arc sees its latest all-electric marine product as a springboard into a segment in desperate need of modernization and intends to do so by offering “unprecedented performance.” Arc Boat Company was founded in January 2021 as a venture-backed startup based in Los Angeles, California, currently…

Alan Wake 2 is Remedy’s fastest-selling game ‘so far’

Last year’s Alan Wake 2 was a triumph, not only in the survival horror genre but in AAA gaming in general. Given the high praise, it’s no wonder we declared it one of our favorite games of 2023. And for good reason, too. As well as great reviews all around, the Alan Wake follow-up has also been selling well. According to developer Remedy Entertainment, the long-awaited sequel has sold 1.3 million units, as of February 2024. A post on the developer’s website says it’s the fastest-selling game the company has ever released…

Remedy plans to “expand” ‘Alan Wake’ franchise

Remedy Entertainment has confirmed plans to “expand and grow” the Alan Wake franchise following the success of Alan Wake 2. The long-awaited sequel to the 2010 original was finally released in October last year to critical acclaim. Alan Wake 2 was named NME’s Game Of 2023 and picked up two awards at The Game Awards including Best Narrative. Now Remedy has confirmed the game is the studio’s fastest selling title, with over 1.3million units sold . “We are happy with the start of the sales,” explained Remedy’s CEO Tero…

Alan Wake 2 Reaches 1.3 Million Sales, Making It Remedy’s Fastest-Selling Game Yet

Remedy Entertainment has announced that Alan Wake 2 has sold 1.3 million copies as of February 2024. In a press release shedding more light on the game's post-launch performance, Remedy said that the sequel sold 1 million units by December 2023 and is now the fastest-selling game released by the developer."Alan Wake 2 sold over 50% more copies and over three times more digital copies in its first two months than Control did in its first four months," Remedy explained. "Since its release in 2019, Control…

Alan Wake 2 is Remedy’s fastest-selling game ever

If you've enjoyed playing Alan Wake 2 over the last few months, you're far from alone. Remedy Entertainment announced that Alan Wake 2 had sold 1.3 million units since its October 2023 release — making it the developer's fastest-selling game. Alan Wake 2 sold three times as many digital copies over its first two months as fellow Remedy game Control did during its first four months.The high sales have been a big coup for Remedy's continued expansion. "The successful launch of Alan Wake 2 has supported our other game…

Arm Holdings: Arm Holdings extends blistering rally in wake of earnings

Arm Holdings Plc is extending a big rally in the wake of last week’s blockbuster earnings report that showed artificial intelligence spending is bolstering sales. The chip designer’s shares soared as much as 42% on Monday on volume that was more than six times the average over the past three months. The advance briefly pushed the stock’s gains to more than 100% in the three trading sessions since Arm’s results were released after markets closed on Feb. 7. Elevate Your Tech Prowess with High-Value Skill CoursesOffering…