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NSE bans members from selling digital gold after Sebi flags concerns
source link: https://nextbigwhat.com/nse-bans-members-from-selling-digital-gold-after-sebi-flags-concerns/
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NSE bans members from selling digital gold after Sebi flags concerns
- The direction came after capital markets regulator Sebi said that certain members are providing a platform to their clients for buying and selling digital gold.
- There is no method to check whether the digital gold certificate is backed with physical gold or not.
- Some jeweller firms like Titan and banks were known for selling digital gold.
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Wistron Ties Up With Delhi-Based Optiemus For Manufacturing Mobiles, Wearables, Laptops, EV Parts
- Leading Taiwanese electronic manufacturer Wistron has announced a strategic partnership with DelhI-based Optiemus Electronics Limited for manufacture of mobiles phones, hearables and wearables, IT hardware and laptops, 5G components and electric vehicle parts.
- South Korean mobile device maker Samsung and Taiwanese electronic manufacturing firms Pegatron, Foxconn and Wistron are among the firms who were selected under the PLI scheme.
- Under the handset segment, Wistron being a multinational company can only cater to manufacturing of $200 and above devices, while OEL being an Indian company can make devices across price range.
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Samsung phone spontaneously ignites on plane
- TL;DR. In Seattle, a Samsung phone spontaneously burst into flames on a landed plane.
- A fire created enough smoke that the crew initiated an emergency evacuation of all passengers using inflatable slides.
- Allegedly, the phone spontaneously burst and caused a small fire.
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