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HinduBusinessLine
12h
329
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The romance of the underdog
- Crystal Palace secured its first-ever silverware after previous failures in 1990 and 2016 finals, making the victory sweeter.
- Manager Oliver Glasner credited for leading a cohesive team without superstars in a remarkable season for Crystal Palace in the English Premier League.
- Goalkeeper Dean Henderson emerged as the hero for Crystal Palace with outstanding saves and a penalty save, though VAR controversy arose over an earlier incident.
- Crystal Palace's deserving win over Manchester City saw them display excellent defense and menacing counterattacks, as Manchester City faced a trophy-less season for the first time since 2016, leading to introspection for Guardiola's team.
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HinduBusinessLine
13h
7
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Below the line
- Media personnel were given a standing ovation during the briefing on Operation Sindoor by the Tri-service chiefs, which was different from the usual stoic briefings.
- Tri-service chiefs added poetry and wit to the briefing, quoting poems to convey messages of resolute resolve and defense against aggression.
- Air Marshal AK Bharti quoted poetry and addressed queries with humor, drawing laughter and applause from the media.
- In other news, despite tensions with Türkiye and Azerbaijan supporting Pakistan, travel bookings to their countries remain unaffected, with existing plans proceeding as cancellations are costly.
- On the occasion of GST's eighth anniversary, the CBIC organized a cyclothon in coordination with the FIT INDIA Movement to promote GST's impact and engage with taxpayers through public health advocacy initiatives.
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HinduBusinessLine
13h
83
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India is rapidly progressing in drone technology, says IIT-Kanpur’s Director
- IIT-Kanpur is becoming a prominent center of drone technology development, thanks to its airstrip and 'flight lab'.
- Prof Manindra Agrawal, Director of IIT-Kanpur, aims to establish it as a national drone technology hub.
- India is progressing swiftly in small-weight drone categories but lags behind in larger drones that can carry heavy payloads.
- Challenges include the need for specialized engines for drones and developing communication systems and cameras locally.
- IIT-Kanpur initiated drone projects funded by an alumnus, resulting in successful startups like EndureAir and VU Dynamics supplying to the armed forces.
- The institute has advanced testing facilities, including an airstrip, flight lab, wind tunnel, and 3D printing for prototyping drones.
- Prof Subrahmanyam Saderla developed a flight simulator for drones at IIT-Kanpur.
- The aim is to make IIT-Kanpur a national hub for drone technology, supported by stakeholders from the armed forces and Ministry of Defence.
- Efforts are underway to secure funding for expanding prototyping and testing facilities for drones at IIT-Kanpur.
- India is making significant progress in drone technology, positioning itself on par with global advancements in certain drone categories.
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HinduBusinessLine
13h
264
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Star Housing Finance to bolster capital base with equity raise of up to ₹50 cr
- Star Housing Finance plans to raise up to ₹50 crore to support its four-fold growth in Assets Under Management (AUM).
- The company aims to open 80-85 new branches in the next three years in states like Uttar Pradesh, Chhattisgarh, and Telangana to enhance its reach.
- Star HFL currently operates 35 branches across six states and is looking to list its equity shares on the National Stock Exchange of India.
- The funds raised through the equity raise will be utilized solely for growth purposes, with plans to increase AUM to ₹1000-1500 crore in about two-and-a-half years and to ₹2,000 crore in three years.
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Bloomberg Quint
13h
206
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Ola Krutrim Says Employee Who Died By Suicide Was On ‘Personal Leave’
- Ola Krutrim employee died by suicide while on 'personal leave', amidst claims of extreme work pressure as per Reddit posts.
- The employee had sought rest and was granted personal time off by the company before the tragic incident.
- Allegations from Reddit posts suggest work pressure from boss Rajkiran Panuganti might have contributed to the employee's situation.
- Ola Krutrim expressed deep sorrow over the loss, highlighting the employee's value and extending support to the family and employees.
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TechJuice
13h
130
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FBR Imposes 10% Processing Fee On Afghan Goods
- The Federal Board of Revenue (FBR) in Pakistan has imposed a 10% processing fee on Afghan transit goods, effective from May 17, 2025.
- The fee expansion now covers additional items such as agricultural equipment, machinery, and industrial tools brought into Pakistan through the AFG border.
- This move aims to prevent misuse of the Afghan Transit Trade facility due to lower customs duties in Afghanistan compared to Pakistan.
- The imposition of this processing fee could potentially strain trade relations between Afghanistan and Pakistan, impacting the positive trend in bilateral trade witnessed recently.
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HinduBusinessLine
13h
315
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How India’s prowess in space is its ‘fourth dimension’ of warfare
- India has recognized space as a critical 'fourth dimension' of warfare and has developed significant capabilities, including anti-satellite weapon demonstration under 'Mission Shakti' in 2019.
- India's space capabilities include surveillance, electronic warfare, cyber warfare, and potential kinetic attacks to protect assets like the NavIC navigation system.
- India aims to enhance its space-based surveillance infrastructure by launching 52 satellites over a 10-year period, although facing setbacks like the technical failure of the RISAT 1B launch.
- India is also focusing on international collaboration, such as partnering with France on space defence matters, to strengthen its capabilities in space security.
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HinduBusinessLine
13h
177
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Grey moves to Ogilvy
- Grey, while remaining a standalone agency brand, moves to Ogilvy, raising concerns among observers about the fate of storied agency brands like J Walter Thompson.
- Apple retains the top position in the Kantar BrandZ Most Valuable Global Brands rankings with a brand value of $1.3 trillion, followed by Google, Microsoft, Amazon, and NVIDIA.
- TCS, an Indian brand, shines at the 45th spot with a brand value of $57.3 billion and a 28% year-on-year growth in the global rankings.
- US brands now constitute 82% of the total value of the global top 100 brands, with Chinese brands making gains but causing a potential shift in the global brand landscape according to the Kantar report.
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TronWeekly
13h
61
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Best Crypto To Buy Now? PEPE, HBAR, RTX and VET Top Investor Watchlists
- Top investor watchlists are focusing on PEPE, HBAR, VET, and Remittix (RTX) for the next potential breakout in the crypto market.
- Remittix (RTX) is gaining attention for its crypto-to-fiat payment system, high growth potential, and staking program offering 4% to 8% annual returns.
- PEPE has shown significant gains but also signs of fatigue with no major developments or partnerships, leading to reliance on social sentiment for growth.
- VeChain (VET) and Hedera Hashgraph (HBAR) show strength in the market, but Remittix is highlighted as the standout choice among the four for its real-world utility and potential.
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HinduBusinessLine
13h
221
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Of Trump, Roosevelt and Thomas Kuhn
- Donald Trump has been President of the US for about four months, implementing policies that have stirred both the world and the US economy with resistance and criticism.
- Trump envisions making America a greater economic power, despite concerns about the already substantial GDP and the limitations of his four-year term compared to President Roosevelt's longer tenure.
- Similar to Roosevelt's New Deal policies in the 1930s, Trump's approach challenges existing orthodoxies, leading to intense opposition that parallels the paradigm shifts described by Thomas Kuhn in science.
- Both Roosevelt and Trump faced backlash for their disruptive ideas, with Roosevelt's revolutionary policies eventually becoming orthodox post-World War II, reflecting the cycle of resistance to new ideas followed by the establishment of a new paradigm.
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TechBullion
13h
14
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What to Look for When Hiring a Web Designer for Your Business
- When hiring a web designer for your business, it is crucial to review their portfolio to understand their creative range, technical capabilities, and attention to detail.
- Look for a web designer who can align your site design with objectives such as targeting the right audience, achieving goals, and reflecting brand positioning.
- Ensure the web designer focuses on not just the visual aspect but also the functionality of the website, including fast loading, security, and compatibility with different devices and browsers.
- Select a designer who communicates clearly, listens to your input, and provides options for ongoing support or easy management of the website in the future.
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HinduBusinessLine
13h
148
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Diving down memory lane for branding cues
- Anders Sjöman and Vrunda Pathare are teaching a corporate heritage course at IIM-A, highlighting the importance of using history as a corporate strategic asset.
- The Swedish Centre for Business History is a unique repository of corporate heritage, containing business archives of thousands of Swedish companies, both living and dead.
- Companies like IKEA, Volvo, and H&M have successfully utilized their history to engage with customers and enhance product development.
- Sjöman emphasizes the importance of companies embracing both the good and bad parts of their history, citing German companies' active efforts due to their historical context.
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HinduBusinessLine
13h
163
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To protect NIM, State-owned banks letting go low-yield advances and high-cost bulk deposits
- State Bank of India and Bank of Baroda have observed a decline in their Net Interest Margins (NIMs) in the financial year 2025.
- Despite repo rate cuts, the cost of deposits remains relatively high, affecting NIM.
- Banks have seen an increase in EBLR-linked loans and a decrease in MCLR-linked loans, impacting profitability.
- To protect NIM, banks are shifting focus from low-yield advances and high-cost bulk deposits, opting for retail term deposits and savings mobilization.
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HinduBusinessLine
13h
359
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Making cross-cultural waves in the orange economy
- YouTube CEO Neal Mohan referred to India as the 'Creator Nation' and mentioned that Indian content accumulated 45 billion hours of watch-time globally, with a payment of ₹21,000 crore to Indian creators, artists, and media companies in the past three years.
- An over ₹850 crore investment was announced by YouTube towards expanding the orange economy, sparking excitement among content creators.
- Indian Farmer, an agricultural YouTube channel managed by brothers Akash and Santosh Jadhav, has nearly 5 million subscribers and 10 million followers globally.
- While Indian Farmer monetizes primarily through brand collaborations and structured agricultural courses, content creators like Murasaki, focusing on content about India and Japan, express concerns about the impact of AI on content creation and earnings in the future.
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Guardian
13h
359
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The Guardian view on Labour’s competition policy: don’t let big tech set the agenda | Editorial
- Labour in the UK is leaning towards a more conciliatory approach with big tech and AI firms, potentially undermining efforts to build a more productive economy.
- Recent moves by Labour to relax competition regulations in favor of tech giants could lead to short-lived and uneven growth according to the Institute for Public Policy Research.
- Dominant firms with significant market power are leading to higher living costs across various sectors such as vet surgeries and funeral businesses, eroding living standards.
- The emphasis should be on targeting corporate power to promote a healthier and dynamic economy, rather than pandering to incumbents that may contribute to the low-wage, low-productivity slump.
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