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Bloomberg Quint

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Perplexity’s AI Assistant Could Power Samsung Smartphones; What About Google Gemini?

  • Perplexity AI is in talks with Samsung to power their smartphones with its AI assistant.
  • Perplexity has already signed an agreement with Lenovo-owned Motorola for the same purpose.
  • The collaboration between Perplexity and Samsung could affect their existing AI partnership with Google.
  • This highlights the growing importance of AI assistants in the smartphone industry.

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HinduBusinessLine

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Tata unit inks £750 million loan to build UK’s largest battery plant

  • Tata unit, Agratas Energy Storage Solutions Pvt, has secured a £750 million loan for building the UK's largest battery plant.
  • About 15 banks have signed the two-year bridge loan deal for Agratas.
  • The loan is priced at a spread over the Sterling Overnight Index Average (SONIA).
  • The battery plant will be the biggest in the UK and is expected to contribute to the country's automotive sector.

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HinduBusinessLine

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Telecom tariff hike expected by December 2025: Bernstein report

  • Indian telecom industry is expected to witness tariff hikes between November and December 2025, according to a report by Bernstein.
  • Telecom tariffs in India are lower compared to other global markets, providing room for potential tariff hikes.
  • The report anticipates tariff hikes of over 20% and expects telecom tariff to reach ₹300 by FY27.
  • Telecom companies like Bharti and Jio are anticipated to witness mid-to-high teen revenue growth supported by strong ARPU growth.

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Blockonomi

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Binance Allocates 1,500 Staff to Help Nations Develop Crypto Reserve Frameworks

  • Binance is collaborating with countries interested in establishing their own strategic crypto reserves, inspired by the pro-crypto stance of the U.S. under the Trump administration.
  • Binance CEO Richard Teng revealed that the cryptocurrency exchange is working with several nations to develop regulatory frameworks, with a team of 1,500 employees dedicated to compliance roles.
  • The U.S. is leading in crypto developments compared to other jurisdictions, according to Teng.
  • Partnering with governments on national reserve projects helps Binance expand its global influence as the world's leading cryptocurrency exchange.

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HinduBusinessLine

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Gensol Engineering shares tank further on SEBI crackdown

  • Promoters of Gensol Engineering, Anmol Singh Jaggi and Puneet Singh Jaggi, have been barred by SEBI from securities markets until further orders due to fund diversion and governance lapses.
  • SEBI has also directed Gensol to suspend the stock split announced by the company.
  • Gensol Engineering's stock traded at ₹116.54, a decline of 5% on the NSE, and 4.97% to ₹117.50 on the BSE.
  • SEBI will appoint a forensic auditor to thoroughly examine the books of accounts of Gensol and its related entities, as per the interim order.

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Bloomberg Quint

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Indian Airlines Fear Global Green Fuel Targets May Ground Their Profitability

  • Indian airlines are concerned about the new CORSIA global emission standards, labeling them as unrealistic and warning of financial burdens.
  • CORSIA aims to limit carbon emissions from international aviation, with India required to comply from 2027 by offsetting emissions exceeding 2020 levels.
  • Airlines like SpiceJet and Air India Express express concerns about the burden of complying with CORSIA targets and the slow progress of sustainable aviation fuel production.
  • Indian carriers seek incentives from the government to support the transition to sustainable aviation fuel, highlighting the disparity in emission targets compared to the western world.
  • SpiceJet conducted India's first SAF-powered flight in 2018, emphasizing the need for economic viability in sustainable fuel production.
  • Boosting SAF production in India requires political will and support, with discussions held to optimize refinery locations and lower transport costs.
  • Consultancy firm CAPA India suggests that Indian carriers may not be ready to meet CORSIA targets and that current targets may need to be postponed.
  • Currently, only about 0.53% of total fuel consumption in India is sustainable aviation fuel, highlighting the significant gap to achieve net-zero targets by 2050.
  • To meet sustainability goals, increased SAF production is crucial, with airlines urging for governmental support and cost-friendly infrastructure.
  • Indian airlines are calling for a more balanced approach in emission targets and financial assistance to facilitate the transition towards sustainable practices in aviation.

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Guardian

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BP braces for investor rebellion at first AGM since climate strategy U-turn

  • BP is braced for an investor rebellion as the company faces its shareholders for the first time since abandoning its climate strategy.
  • Chairman, Helge Lund, expected to be voted out of his job by disgruntled investors at the annual general meeting.
  • Protests from climate campaigners and investors expected at the meeting.
  • The tensions arise from BP's U-turn on climate strategy and declining company value.

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HinduBusinessLine

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China, US at impasse over who should initiate trade talks

  • The US and China are at an impasse over who should initiate trade talks.
  • The Donald Trump administration has increased import tariffs on Chinese goods.
  • China criticizes the tariffs as irrational and warns of fighting to the end.
  • The US says China should make the first move to resolve differences.

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TechBullion

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Why MAGACOIN FINANCE Is Gaining More Momentum Than Cardano in April

  • MAGACOIN FINANCE is gaining more momentum than Cardano in April.
  • Cardano's recent academic partnership failed to attract short-term price gains or more investors.
  • MAGACOIN FINANCE, with its growing retail buyer activity, is gaining serious attention and offers a potential ROI of +2532%.
  • While Cardano focuses on academic partnerships, MAGACOIN FINANCE focuses on community base and quick business expansion.

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TronWeekly

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XRP ETF Listed in the US: How to Make $37,800 a Day with XRP and DOGE

  • XRP has taken a historic step with the listing of the first 2x leveraged XRP ETF in the US.
  • SAVVY MINING cloud mining platform offers a simpler way for investors to increase the value of XRP or DOGE with the potential to earn up to $37,800 in daily income.
  • SAVVY MINING provides efficient and stable cloud mining solutions, with various contract plans available for users to choose from.
  • SAVVY MINING is a world-class cloud mining service company regulated by the UK Financial Conduct Authority, providing AI-intelligent cloud computing and one-click cloud mining services to users worldwide.

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Bloomberg Quint

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Q4 Results Live: Infosys, Tata Elxsi, Jio Financial, HDFC Life Results To Be Announced Today

  • Infosys, Tata Elxsi, Jio Financial Services, and HDFC Life will announce their Q4 results.
  • HDFC Asset Management Company and Mahindra EPC Irrigation are also set to announce their earnings.
  • Citi expects a 14% hike in the value of new business metric for HDFC Life, the highest among the brokerage's estimates for lifers.
  • Infosys' Q4 net profit is expected to decline 1.3% sequentially and JPMorgan has cut revenue forecast citing uncertain macroeconomic conditions.

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HinduBusinessLine

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Tata Motors files record patent applications in FY25

  • Tata Motors has filed a record number of patent applications in FY25.
  • The patents cover various innovations in Connectivity, Electrification, Sustainability, and Safety (CESS) as well as emerging technologies like hydrogen-based vehicles and fuel cells.
  • The filings also include advancements in battery, powertrain, body and trim, suspension, brakes, HVAC, and emission control systems.
  • Tata Motors has secured a total of 918 granted patents, and they are focused on shaping the future of mobility.

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Bloomberg Quint

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Zepto Sheds Kiranakart Identity To 'Clearly Reflect' Business

  • Quick commerce unicorn Zepto has changed its registered name from Kiranakart Technologies Pvt. to Zepto Pvt. as the company plans for a Dalal Street debut.
  • Zepto, which recently shifted its base from Singapore to India, has successfully raised $1.35 billion in a span of five months through fundraising from various investors.
  • Zepto's CEO, Aadit Palicha, has been appointed as a director of the company, and the firm has also appointed Akhil Gupta, Vice Chairperson of Bharti Enterprises, as an independent director on its board.
  • The company is nearing an annualized gross order value of $4 billion, with a 300% year-on-year growth rate, while simultaneously reducing Ebitda and operating cash flow burn by 50%.

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TechBullion

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How Python Web Apps Can Help Automate Your Business Processes

  • Python-based web applications are powerful tools for automating business processes and increasing operational efficiency.
  • Automation with Python is not limited to large enterprises and can benefit startups and SMEs by eliminating repetitive tasks and reducing errors.
  • Python's flexibility allows for crafting tailored web apps that fit specific workflows without major infrastructure changes.
  • Automating tasks with Python can improve data entry, reporting, email tracking, inventory management, scheduling, and document generation.
  • Python's syntax accelerates development and maintenance, making it an ideal tool for automation projects.
  • Python's ecosystem provides seamless integration with databases, APIs, and third-party services for efficient automation.
  • Automating tasks like invoicing, lead assignment, CRM updates, and report generation can save time and improve accuracy using Python.
  • Wrapping Python scripts into web apps using frameworks like Django or FastAPI enhances accessibility and centralizes automation control.
  • Python web apps streamline processes, reduce human error, and provide a single source of truth for automation execution.
  • Understanding your business needs and workflows is crucial for implementing effective automation with Python.
  • In conclusion, Python-based web apps offer scalable solutions to enhance productivity, accuracy, and customer experience while boosting revenue through efficient automation.

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