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HinduBusinessLine
2d
95
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Netflix defies big tech slump as Wall Street seeks tariff haven
- Netflix is considered well positioned to withstand market turmoil, with limited exposure to tariffs and a growing advertising business fueling steady growth.
- The company's subscriptions are perceived as a resilient expense for consumers, even in economic downturns.
- Netflix's stock has shown strong performance, rising nearly 8% this year despite a downturn in other tech giants.
- Wall Street anticipates Netflix's long-term success, with the company aiming to double revenue and triple operating income by 2030.
- The streaming giant aims to reach a $1 trillion market cap by 2030, reflecting optimism in its future growth potential.
- Despite economic uncertainties and tariff tensions, Netflix's focus on user growth and advertising revenue is seen as a positive for its outlook.
- Netflix's ability to provide affordable entertainment and value during recessions is lauded by analysts, making it an attractive investment.
- The company's performance during previous economic downturns indicates its resilience and growth potential amidst challenging economic conditions.
- Netflix's defensive characteristics, combined with strong secular growth, make it an appealing investment option in the current market landscape.
- Analysts affirm a buy rating on Netflix stock, citing its defensive attributes, growth prospects, and strong financial performance.
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TechBullion
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258
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Why Australian Small Businesses Need Reliable IT Support and Cyber Security Services
- Cyber security is crucial for small businesses as they are often more vulnerable to cyber threats; investing in cyber security services is critical.
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Bloomberg Quint
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214
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Sify Unveils South India’s Largest AI-Ready Data Centre In Tamil Nadu
- Data centre provider Sify Infinit Spaces Ltd. has inaugurated South India's largest AI-ready data centre campus in Siruseri, Tamil Nadu.
- The facility aims to serve as an enabler for AI workloads and digital-first enterprises by providing scalable infrastructure and high-performance computing capabilities.
- The data centre has an eventual capacity of 130 MW and is the only data centre in India with an on-site open cable landing station, offering enhanced global connectivity and network performance.
- The platinum-rated green data centre aligns with the Tamil Nadu government's goal of positioning the state as a preferred data centre destination.
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Bloomberg Quint
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162
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Yes Bank Q4 Results: Date, Earnings Call Details, Share Price History And More
- Yes Bank is set to release its financial statement for the quarter and the financial year ended Mar. 31, 2025, this week.
- Yes Bank is scheduled to announce its Q4 and FY25 financial results following a board meeting on April 19.
- The trading window for dealing in the securities of the bank shall remain suspended till two days after the publication of results for designated persons and their immediate relatives.
- Yes Bank has scheduled an investors' call at 3 p.m. on April 19 to discuss the company's financial performance in the quarter and year ending March 31, 2025.
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Bloomberg Quint
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218
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Sam Altman’s OpenAI In Talks To Buy AI Coding Tool Windsurf For $3 Billion
- Sam Altman’s OpenAI is in talks to acquire Windsurf, an AI coding tool for developers and enterprises, for roughly $3 billion.
- If a deal with Windsurf is reached, it would be OpenAI’s largest acquisition to date.
- Windsurf, formerly known as Codeium, is a popular AI coding tool used by developers for swiftly generating code for new software through AI models.
- The acquisition of Windsurf could enhance OpenAI's ChatGPT's coding tools and help them secure a leading position in the generative AI space.
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Bloomberg Quint
2d
39
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Mastercard Launches Co-Branded Credit Cards With Chennai Super Kings, Sunrisers Hyderabad; Check Features
- Mastercard has collaborated with City Union Bank (CUB) to bring its first passion cards to India.
- The four new credit cards unveiled are the CUB CSK Mastercard Platinum credit card, the CUB CSK World Mastercard credit card, the CUB SRH Mastercard Platinum credit card, and the CUB SRH World Mastercard credit card.
- By using these cards, cardholders can get several benefits like airport lounges, fuel surcharge waiver, discounts on travel and accident insurance plans, and access to exclusive team merchandise and experiences.
- Welcome benefits, reward points, discount vouchers, exclusive benefits on loans, and CUB keychain debit cards for tap and go payments are some of the key features of these cards.
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Bloomberg Quint
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353
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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
2d
51
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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
2d
182
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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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Startupreporter
2d
11
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Oceaniss Expands into Men’s Fashion with a New Premium Line of Shirts – Refined Rhythm
- Oceaniss, an iconic online destination for luxurious beachwear and resort fashion, has announced the launch of its highly anticipated Oceaniss Men’s Line—a six-piece shirt collection that redefines casual luxury for men.
- The Oceaniss Men’s Line is designed for the modern man who values sophistication without sacrificing comfort. The collection focuses on premium linen shirts that transition seamlessly between resort wear and casual, everyday outfits.
- The six-piece collection is made entirely from the finest linen, ensuring maximum comfort in any environment. The shirts can be dressed up or down, offering timeless style that transcends fleeting fashion trends.
- Oceaniss is known for its commitment to delivering luxury and exclusivity, and with the launch of its new men’s line, the brand is poised to expand its reach.
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Blockonomi
2d
166
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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
2d
351
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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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Startupreporter
2d
63
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Mapabear: The Curated Parenting Platform That’s Capturing Industry Attention
- Mapabear was launched in August 2024 as India’s first premium digital parenting magazine, aiming to provide expert-verified content for parents and pet parents in India.
- Founders Sharannya Kannan and Krishna Raghavan built Mapabear based on their own challenging experiences as first-time parents, aiming to create a supportive community and informative resource for others.
- Mapabear's founder, Sharannya Kannan, brings a decade of expertise in entertainment, digital content, and event management to the platform, focusing on enriching family experiences through thoughtful media.
- Mapabear's launch event brought together influential voices in parenting and childcare, featuring panelists like celebrity mom Debina Bonnerjee, content creator Shrima Rai, and paediatrician Dr. Vinit Samdhani.
- The platform has also featured personalities such as actor Karanvir Bohra, celebrity stylist Esha Amin, and parenting influencer Ritcha Verma, among others.
- Mapabear is expanding its horizons with the launch of video content series, an Editorial Review Board, and inaugural flagship event, Mapabear Confluence 2025.
- The platform actively seeks investors to scale its vision of redefining parenting and pet care media in India, aiming to inform and empower families through accurate and insightful resources.
- Mapabear has rapidly grown its digital presence, with over 2 million total reach and significant engagement on platforms like Instagram.
- The platform offers partnership opportunities for brands looking to connect with a highly engaged audience in the parenting and pet care markets, emphasizing a commitment to quality and safety.
- Mapabear prioritizes child safety and privacy, obtaining parental consent for child-related content and maintaining high standards for quality and professionalism in its content delivery.
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Bloomberg Quint
2d
381
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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
2d
268
Image Credit: Guardian
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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