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HinduBusinessLine
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SEBI returns 17 IPO documents in FY25
- SEBI returns 17 IPO documents in FY25
- Companies whose documents were returned include Avanse Financial, BMW Ventures and Vishal Mega Mart
- SEBI is strictly interpreting regulations and their compliance in the Draft Red Herring Prospectus (DRHP)
- SEBI has been returning draft offer documents with revisions, ensuring compliance with instructions and regulations
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HinduBusinessLine
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Centre must act swiftly on steel safeguard duty, says AMNS India’s Ranjan Dhar
- AMNS India's Ranjan Dhar urges the Centre to take swift action on steel safeguard duty to prevent market disruption and instill confidence in steel producers for future investments.
- The Director General of Trade Remedies (DGTR) has recommended a 12 percent safeguard duty on steel imports, which is currently under consideration by the Finance Ministry. The implementation of this measure will help in assessing its effectiveness.
- Imports of steel have shown a decline since the suggestion for safeguard duty. In February, steel imports decreased by over 30 percent and continued to decline in March.
- The Indian steel industry, facing the threat of dumping from China, seeks margin protection and continuation of investment to support capacity expansion and profitability.
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HinduBusinessLine
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Panasonic eyes double-digit growth in FY26
- Panasonic expects double-digit growth in FY26.
- In FY25, the company achieved an overall revenue of about ₹11,500 crore with a 41% growth in net profit.
- Panasonic's AC business saw a 47% growth, outpacing industry growth rate and gaining market share.
- The company is focusing on consumer appliance business, AC and electrical business as growth drivers in FY26.
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Bloomberg Quint
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128
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Waaree Renewable Technologies Q4 Results: Profit Jumps 83%
- Waaree Renewable Technologies reported a 83% increase in net profit for the fourth quarter.
- The company's revenue from operations rose by 74% in the same period.
- Earnings before interest, taxes, depreciation and amortisation increased by 68%.
- The board also approved the appointment of Manmohan Sharma as the chief financial officer.
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Bloomberg Quint
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Reliance Industrial Infrastructure Board Recommends Dividend Of Rs 3.5
- The board of Reliance Industrial Infrastructure Ltd. has recommended a dividend of Rs 3.50 per equity share of Rs 10 for the financial year that ended on March 31, 2025.
- The audited financial statements, both consolidated and standalone, for the financial year 2025 were approved in the board meeting that took place on April 16.
- RIIL had reported over a 25% dip in its net profit for the third quarter.
- RIIL provides infrastructure support services to Reliance Industries Group.
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Bloomberg Quint
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FPIs Stay Net Buyers For A Second Session, Mop Up Equities Worth Rs 3,936 Crore
- Foreign portfolio investors (FPIs) stayed net buyers of Indian equities for the second consecutive session, acquiring stocks worth Rs 3,936.42 crore.
- The domestic institutional investors, on the other hand, remained net sellers for the second day, offloading equities worth Rs 2,512.77 crore.
- In April, FPIs have sold shares worth Rs 33,927 crore, while in 2025 so far, they have offloaded equities worth Rs 1.43 lakh crore.
- The NSE Nifty 50 closed 0.47% higher at 23,437, and the BSE Sensex settled 0.40% higher at 77,044.
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Crypto-News-Flash
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XRP News: Xrpturbo Liquid Staking Goes Live As First Staking Snapshot Is Taken—Here’s How To Earn From XRP’s Hottest New Launchpad
- XRPTurbo, the first AI and Real-World Asset (RWA) launchpad for the XRP Ledger, has launched its staking rewards.
- Holders of $XRT can earn a portion of the monthly 1,000,000 XRT reward pool by keeping their tokens untouched in their wallet during the staking period.
- The more $XRT you hold and the earlier you start, the larger your portion of the reward pool.
- XRPTurbo aims to become the go-to launchpad for DeFi and tokenization on the XRP Ledger, offering priority access to launchpad projects and monthly rewards.
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TechBullion
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Emt collaboration with UAE Cyber Security Council and GISEC 2025 to present Cyber Escape Room Experience
- emt, in collaboration with the UAE Cyber Security Council, will present the Cyber Escape Room Experience at GISEC 2025 exhibition in Dubai.
- The Cyber Escape Experience is an exclusive and immersive event that challenges participants to solve cybersecurity-related puzzles in a race against time.
- Through the event, emt aims to promote cybersecurity awareness and engagement and showcase its latest cybersecurity technologies and solutions.
- The event will be a key highlight of GISEC 2025, the largest cybersecurity event in the Middle East.
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HinduBusinessLine
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331
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India accounted for nearly 7 per cent of total ad accounts suspended on Google
- Google removed 5.1 billion ads and suspended 39.2 million advertiser accounts globally.
- In India, Google removed 247.4 million ads and suspended 2.9 million advertiser accounts.
- Financial services, trademark, ad network abuse, personalized ads, and gambling and games were the top five policy violations in India.
- Globally, Google restricted over 9.1 billion ads, blocked/restricted ads on 1.3 billion publisher pages, and took site-level enforcement action on over 220,000 publisher sites.
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HinduBusinessLine
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India accounted for nearly 7 per cent of total ad accounts suspended on Google
- Google removed 247.4 million ads and suspended 2.9 million ad accounts in India.
- Globally, Google removed 5.1 billion ads and suspended over 39.2 million advertiser accounts.
- Financial services, trademark, ad network abuse, personalised ads, and gambling and games are the top policy violations in India.
- Google restricted over 9.1 billion ads and took enforcement actions on 1.3 billion publisher pages globally.
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TechBullion
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Emt Announced as Gold Sponsor at GISEC 2025
- Emt has announced its participation as a Gold Sponsor at GISEC Global 2025, a premier cybersecurity exhibition and conference in the Middle East.
- Emt will showcase its technology partners Heimdal, Progress, Resecurity, SecureG, and other innovators in the field of cyber defense and digital transformation.
- The company plans to host keynote sessions, technology presentations, and interactive experiences like the Cyber Escape Room at the event.
- Emt is a globally recognized leader in cybersecurity solutions, offering customized tools and services to address modern cyber threats.
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Livebitcoinnews
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Short-Term Goldmines: Discover the 7 Best Cryptos to Invest in for Short Term Before They Surge
- Qubetics, a Web3 aggregator, is gaining attention as a high-potential altcoin for short-term gains with real-world utility.
- With its Non-Custodial Multi-Chain Wallet, Qubetics offers control over digital assets with full ownership and efficiency.
- Qubetics' presale at Stage 30 boasts significant token sales and potential ROIs of up to 2,789.31% at higher price points.
- SUI, focused on ecosystem growth, lacks short-term price action despite solid development initiatives.
- SEI faces legal turmoil, affecting its short-term position despite technical efficiency and speed.
- Solana gains momentum due to ETF speculation and technical factors, offering short-term potential amid market shifts.
- Monero remains a reliable privacy coin with consistent demand, suitable for stability but potentially lacks high short-term growth.
- Cardano's slow but deliberate approach raises questions about immediate price momentum despite positive developments and high staking rates.
- Polygon quietly builds enterprise adoption and zk-rollup tech, with potential for a surprise rally despite current underperformance.
- Qubetics emerges as the standout for short-term gains among other reviewed coins, offering substantial growth potential with its unique features.
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Bloomberg Quint
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313
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Wipro ADR Down Over 6% After Q4 Results, Lower Revenue Guidance
- Wipro ADR slid 6.7% in the US after the company's earnings outlook for the June quarter caused disappointment.
- Wipro's outlook for Q1FY26 remains muted with a degrowth of 3.5% to 1.5%.
- The company expects revenue from IT services to be in the range of $2,505 million to $2,557 million.
- Wipro's Q4 consolidated revenue rose 0.8% sequentially to Rs 22,504.2 crore.
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HinduBusinessLine
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52
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On the rise: India’s trade surplus with the US, deficit with China
- India's trade deficit with China widened to $99.2 billion in FY25.
- India's exports to the US in FY25 increased by 11.59% to $86.51 billion.
- Imports of American goods by India increased by 7.44% to $45.33 billion in FY25.
- Despite quality control measures, India's imports from China increased by 11.52% in FY25 to $113.45 billion.
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HinduBusinessLine
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346
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EaseMyTrip’s Co-founder Nishant Pitti premises searched by ED in Mahadev online app case
- The premises of EaseMyTrip's co-founder Nishant Pitti were searched by the Enforcement Directorate (ED) regarding the Mahadev online app case.
- Investigators suspect that proceeds from the illegal operations of the Mahadev app went to entities linked to EaseMyTrip's co-founder.
- The ED claims that the projected proceeds of the crime in the Mahadev app case are about ₹6,000 crore.
- 55 locations, including Delhi, Mumbai, and Chennai, were covered in the country-wide searches conducted by the ED.
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